New-York tribune., 1907-12-10
SAY NOTES ARE FORGED.
Borough Bank Receivers DiscoUer
Tzco More of Them.

r,of,.-s of the Borough Bank Brooklyn, dis
covered yesterday two more notes Which are us-
csred to be forgeries- One is signed La b. smith,
II is for 81 O0 and as it due the receivers sent
n notice TO MIR Smith asking him TO pay it. He
pror1ptlv declared the note forgery The only
transaction of the kind he ever had with the bank,
he said. the making of a note for SS", when
had been paid four years ago.
In going over the books at the request Of + W.
Sparks counsel for the depositors' committee, 10
see what notes credited TO him the receivers
found a record of note for 800 alleged to have
been made on November IS. 1895, by Russell Ran
dolph and indorsed by F. W. Sparks. The books
showed the note had been discounted and the
money placed the credit of Mr.. Sparks. The
latter protested that he had never heard Of the
note and had never received the proceeds. although
they were entered in his account. On March $.
1897. there entry to show that Arthur D.
Campbell had given a cashiers check for the note,
which meant it had been purchased by the bank.
Further investigation OF the Sparks account
showed note for $50 made by him July Is.
1906 and indorsed by Agnes Sparks. his mother.
This discounted and renewed several times
until March -, 1907, when apparently il split
up into two notes one for 81 SlS D and another for
S1.2Go On May IS the latter note was taken up.
but the latter remains in the bank. coming due
January
1t also appears on September .. 1906 MI. Sparks
made note for $500. II was renewed once and
apparently was paid January .. 1906 as
further record of il appears. The records also
show note for 500 made by P J. Van Note on
MAY Il, 1901. This to August {. when i was
paid
Mr. Sparks explained yesterday that the note for
$500 which he 'indO-sed for p. H Nulaueen an
Once associate. TO enable the latter 20 r1aks
payment on house. Mr.. SPARKS did not know
he said. that the note had been discounted in the
Borough Bank.
The receivers OF the Borough Bank gave yester-
day TO Davaid r Manning. counsel for the Guard
ian Savings Bank. check for s63.G3. represents
ing the deposit of that institution in the Borough.
The Guardian Savings Bank. which was obliged
to take advantage OF the sixty-day CLAUSE and
pend payment when the Borough suspended viii
resume payments to-day.
The grand jury yesterday was busy with the AZ
fairs of the Brooklyn Bank. District Attorney
Clarke viii not have the indictments handed Uo
until all the ends have been gathered Martin ".
Iitteton, counsel for William Cow under indct-
ment on two charges of grand larceny and thres
charges ot miSleIneanor. argued before Judge Dks
yesterday for permission To inspect the minutes
of the grand jury He said he was unable pre-
pare a defence until he saw the minutes Assist
ant District Attorney Elder opposed the motion
The depositors OF the Borough Bank VIII meet
in the Columbia Theatre d 1880 o'clock this nom
ing hear a report from the committee that IS
trying 10 arrange for the resumption of Tie bank
and to elect eight directors. The depOsit0rs Of ths
Brooklyn Bank will meet in Historical Hall to-
night hear plans for resumption.