The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-12-29

Thursday that proceedings against him
were in order, and that the bank would
be shut down. The district attorney was
told OF that fact. As 70 DR.. Macdonald's
discharging him from the sanatorium,
that is a matter between Dr. Macdonald /
and the Supreme Court, said Mr.. Whit
man.
The banking department had no official
statement to make concerning the
finances of the Northern Bank Of New
York The best information o5tainable
places the loss from Robins operations
at more than SS00.00J
Although Bank Supt, Cheney refused to
discuss the situation, it was learned that
in the opinion of his department 1t Will
probably be several weeks before state
ment showing the depositors' fate can be
made.
May Close Concern.
The department viii decide to-day as to
whether the Aetna Indemnity Company
OF Hartford, of which Robin is the con
trolling stakeholder, viii be allowed to
continue in business. Theodore H. Mac
donald. insurance commissioner Of Con-
necticut, win be here to talk the situa-
ton over again with Supt. Hotchdss.
The Washington Savings Bank. at Fifty
ninth street and Eighth avenue. of which
Robin is president, forestalied the posi-
bilty of a serious run to-day by claiming
its right to defer payments for sixty days.
Examiners from the State banking Le-i
parment are conducting an examination
OF this bank.
When the Washington opened It's doors
at O'Clock. there were only few de-
postors on hand TO withdraw their ac-
counts. Three or four OF these, whose
accounts We're less than $lO0, got their
money, bat when n man appeared with
an account Of over 81 900, which he wished
To close and a woman who wanted to
withdraw a deposit of over 5000, they
were informed that tho bank would put
in force its privilege Of demanding sixty
days notice before payment. a minute
later formal notice to that effect was
posted in the bank.
Frederick X. Morris, who was Joseph
C. Robins representative IN many COM
Danies, and through whom he was able
to operate sub rosa, was taken 10 the
offices of the South Shore Traction Com
pany. in the Times Building. to-day by
his wife and son to tell Chief Examiner
Hughes, of Mr.. Hotchkiss Office. and TO
Assistant District Attorney John K.
Clark what he knew concerning Robins
transactions through the various COM
panies where Norris had represented
him.
EndureS Acute Suffering.
The skepticism as to the seriousness or
Mr.. Morris illness was dispened to-day
by the State and county representatives
before whom ne testified, when they de-
scribed the picture Of the man lying hack
upon a couch and enduring acute physical
suffering as he filled in and Strengthened
out the information which they had al
ready at hand It is said that Morris has
been IN for many months and has con-
tinued at work against medical advice
His trouble is said 10 be heart disease,
and the attack he had last Monday was
very acute.
Mr.. Hughes said that. OF course. he
was not able TO offer any immunity 10
Mr.. Norris from criminal prosecution,
nor could Mr.. Clark so offer without con-
sultins his chief, but this did not halt
Mr. Morris from supplying them with
whatever Information he possessed.
we are not preventing him from say
ing what he chooses" said Mr. Hughes
II Is believed that some sort of an inn
munity viii bee procured for him. Dur
ing the examination. Mr. Clark reported
20 District Attorney Whitman that he
was very well satisfied with the prog
ress being made, and that, in his esti'
nation, sufficient information would be
at hand SO that an application could be
made 20 the grand jury next Tuesday for
a criminal indictment against Robin. Mr.,
Morris testimony will be largely instru-
mental in bringing this about