The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1907-04-24
BANKS LOST BONDS,
Charles F. GOndOlf Charged with
Having Some of Them.
Bonds Specified Are s5 Out Of 200
That Were Missing--compaint Stat
ed That These Bonds Were Nego-
tiated by the New Amsterdam Bank
For Accused Sept. %, 1906.

tiated by the New Amsterdam Bank
For Accused Sept. %, 1906.
New York, April 23. - Charles F.
Gondolf, who was arrested last week
during search for the missing bonds
believed to have been taken by Will
lam F. Walker, the fugitive treasurer
Of the savings bank of New Britain,
Conn, was held in $4,000 bail for trial
in police court
Gondolf was arrested last Thurs
day and held in $4,000 bail for exam
ination. An effort was made by his
lawyer to get him out on bail, but the
district attorney objected to the secur-
tiles offered.
When brought before a magistrate
yesterday Gondolf was confronted
with a complaint signed by Charles
B. Oldershaw, secretary of the New
Britain bank, charging him with hav-
ing in his possession stolen bonds to
the amount of $85,000, knowing them
to have been stolen. The only wit
nesses examined were Mr.. Oldershaw
and Charles H. Noble, bank commits
sioner of Connecticut, who made an
examination of the New Britain bank
on Aug. /. 1906, and again in the early
part of March, 1907.
Mr.. Oldershaw said he had made
statement of the bonds held by the
bank on Aug. l, 1906, but had not
seen the bonds mentioned in the COM
plant since June / of that year,
when the coupons were payable. He
was not sure that they were in the
bank vaults after June /, but knew
they were gone on Feb 70, 1907, when
the disappearance of the bonds was
noted, three days after Walker disap-
peared. Mr. Oldershaw testified fur
ther that bonds in the New Britain
bank We're in the custody of Walker.
They were kept in vault and no one
except Walker knew the combination,
so far as he was aware.
He said there was another COPY of
the combination in a sealed envelope
in the possession of the president of
the bank but this had never been open
ed to his knowledge. Walker he said,
was responsible for all the securities
in the possession of the bank.
The bonds specified in the complaint
were S5 out of 200 that were missing
from the bank vaults. They represent
ed par value OF $4,000, but are said
to have been worth more than that.
The complaint stated that these bonds
were negotiated by the New Amster-
dam bank for Gondolf on Sept. 23,
1906. officials of the New Amsterdam
bank were in court to identify Con-
dolf as the man who brought them to
the bank but they were not called to
the stand, as Gondolfs lawyer waived
examination.
Bank Examiner Noble testified to
having gone over the securities of the
bank on Aug. l, 1906, but took no
memorandum of the numbers of the
bonds so they could be identified by
him. He said he took the list made
out by the bank and simply checked it
of, making personal examination of
each security to see that 1t was really
on hand
He did not take down the numbers
but said there were bonds of the
Chicago, st. Paul & Omaha per cents
in the bank at the time. He was not
prepared to say that the bonds re-
ported missing were the same ones
he checked off.
At the conclusion of Mobiles testi.
mony Gondolf was held in $4,000 bail
for trial. In making out the formal
complaint, Gondolf refused to answer
any questions. He was returned to
prison in default OF bail.