New-York tribune., 1907-11-26
ACCUSE BANK EMPLOYEES
OTERDR4FT CONCEALED.
4rreSt of assistant Cashier and Pau
ing Teller of the Interboro.'

james J. Graham, assistant cashier ot the In
ter5oro Bank, state institution at No 40
WPli street ana James )" DAILY, paying teller
n the same oaak, we're charged in the Tombs
court yesterday morning with forgery in con-
uection with a loss of $500 recently sustained
ny the bank. At the same time Alfred Burrows.
a mining broker, of No. IA Broadway, and a de-
positor in the bank. was charged with the grand
larceny Of $500 from the same institution.
Magistrate Harris. at the request of counsel for
the bank adjourned the case until tomorrow
afternoon. holding each prisoner in 1.5O0 bail.
DAILY and Burrows obtained bail. but at a. late
hour last night no pondsman had appeared for
Graham
According to Central Office detectives who
have had charge of the case, Graham allowed
Burrows TO overdraw his account and then
forged check for $500 in an attempt to cover
UP the banks losses Burrows not having made
good the overdrafts DAILY it is alleged discov-
cred the irregularities, but at Graham's order
did not report them TO the president. Graham
and Daily bonded for $4,000 each in the
H1tna Indemnity Company. of Hartford.
A Z. g. Goodridge, who recently succeeded
David F. Walker president of the Interboro
Bank, said yesterday that the affair OF
only trifiing Importance" and could have no
possible effect the bank He gave out the
following statement:
cash few days ago II discovered that
some small irregularities existed, and careful
and thorough investigation OF all matters con-
nected with the banks business instantly
made. 1t was found that the assistant cashier
and paying teller were involved to an extent at
the outside OF not TO exceed 81. 900, the exact
amount depending the payment OF certain
items now in course Of collection and not yet
returned. Both OF these men were bonded by
the H2tna Indemnity Company In the sum OF
$4,000, and the bank is. of course, fully pro-
tected. The matter is now in the hands OF the
nd he nj
Il has ceased.
Graham and Daily were arrested last Saturday
night, while Burrows taken into custody
on Sunday. Graham. the detectives say. made
full confession of the affair TO President Good
ridge The forged check which Graham is
cused of issuing bore the signature of David T.
Walker. the ex-president Of the bank. who still
kept an account at the institution when he re-
signed the presidency. It was the discovery by
Mr.. Walker that his name had been forged to a
check for $1,000 that first started the invesh-
cation into the banks affairs on November T.
President Goodr!dge called on Inspector Nc
Cafferty and two detectives were assigned to
the case. The assistant cashier when asked TO
tell what he knew about the check IN question,
which he had paid, said that It was presented
by two apparent Westerners, who gave him a
letter Of introduction from ex-President Walker.
He said that the men had indorsed the check
pauation did not suit the detectives. who in
formed President Goodridge The latter how
ever, sure the police were mistaken.
Finally Graham, IN the presence of the head OF
the bank, was accused Of forging the check
He broke down and made a confession, accord
ing to the police.
Daily. the paying teller. who is also held on a
forgery charge, is accused of making false n
tries in the banks books 70 cover up Graham's
transactions. Neither. apparently. proflted by
the transactions or desired 10 do So
Burrows. who is a son-in-law Of the late
Henry p Doremus, cashier of the Chatham Ma
tional Bank, whose funeral was held last night
At St Andrews Methodist Episcopal Church
lives at No III West 72d street. He was
cashier OF the Standard National Bank in 1896
and in the following year went into the stock
brokerage business. He made an assignment on
February 10. 1901. He at that time q
member Of the Consolidated Stock Exchange.
He has been connected with a number OF min
frfr ar1fe