The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-12-28


IoungS Henderson VI Wolfe
The statement OF the Northern Bank on
August 81 last showed
RysouscEs.
Loans and discounts a@s Is.
Dur from trust companies. banks and
bankers i$i taO
Real estate ............ iis. s3s
Mortgages owned .......... ioo 80
Public securities ......... 1.sao
Other ~~cIrt'les ... 49,. $3.50
specie ali leo
Legal tender and bans notes No sos
Ca~h items iss.oi2
pfnr: a>-rt~ ~ 80
Total G?isnN,
LIssrIrIEN
Capital t7Oo ON
surplus ami undi, id-i pron,> ~. ri
pu- Nra Nora STAT" ~aNi nx> banks y. IN
lu- New orb state Building snd Loan
pu- ,iSposi;"f, .o., -
o! ssaf i,s,nu.. G {! IS
Total .......... ............ s7,isnss
Az Robins HgAnoCAErrEs
The Fidelity Development Company
she. Bankers Realty and security Company
both real estate companies the south
Shore ra"Ti ION Company andrhe Baby Ion
Railroad company. in all 81 which Robin
was either the moving spirit or heavy
stakeholder. have Office On the eighth
floor ~ the Times Building. and II was
his various enterprises met mos fire.
,,tl.nIly IhsOdoT. Werner IN. uffic-
manager 81 the Fidelity Development
Company and 'h.; Bankers Really Com
pany. said yesterday hal n-iih- con
Germ WA involved IN h" Nor h.-rn Bank =
troubles. except that ho,h concerns had
deposits there He hal L.: 1. Jew clerks
go he said o~ln9 - he uncertainty
caused i,y Mr. Robins Illness. and IN.
young I'man in charg" II The stenog-
la.. "A.
81 IN. various companies had dischar gs-d
her helpers Although MIR Werner in
sisted that Nr Robin was merely q big
stockholdsr in 1he companies the news
81 his troubles seemed 10 have thrown
everything into confusion FOR the time
being.
Postmaster Morgan who ia one ~ IN.
Mort herns directors. raid that although
rhe news 81 the cloalng 81 Inc bank hat
come ~ "A surprise TO him h- still hal
absolute confidence IN the bank He knew
nothing Of the alleged irregularities in ia.
managem.n, MIR Morgan said that
h. had "A considerable sum IN the Northern
and that he knew 81 one stock holder
who deposited ssO 600 last Friday and who
az rha, time had So 80 already on deposit
there.
STORY OF ROBINS LAST KITE
Supi Hotchkiss ~ the Insurance De
part n.nt gave out this statement 81 he
invest CATION thai pr-"-dad the com
InIt rnant ~ Robln 10 "A fnadho'I--' and the
closing Of nj principal bank.
IN examination 81 m. .fina Indsmnl'y
Cornpany Of Hartford ny the New Work
and connecticut Insurance d~par'nsu =
Wa begun December 10 II j. -till Inc"m-
plsr-. hui liza. 81 far progressed a. Ia var
rant ia. statement Of tn. following facts
Joseph T., Robin vas IN March last the
controlling .tOCkholdsr Of the f'na In
Ciemnity Company and apparently Of the
Northern Bank Of Nsw York located A.
2Ij West tsjth street lie also largely ron
rolled the Bankers Realty and Security
I onpany. realty corporation heavily
In t~ra~ied IN Bronx lands tho Fidelity
development Company rhe owners of the
oil Morris Park racs'rack' and The south
shore Traction Company and the Babylon
Railroad company. two Long island trar-
ton corporations. The Robin corpora
tons other than the ban H. and the inrur-
anca COMPANY all ONCE together on the
-ighth iloor 81 the Time- Building and seem
to have tho same EN- ployr-- saw. n 10
tho northern BANK IN which he - chair
man 81 IN. finance committee. Robin APP
pcar- not ~ be An officer 81 Rny of ~-i"-"
Institutions his control or innuenC- hsInG
9 S.r,.is.d through one or more con hden rial
representatives,. such control -a~nI-. hov
s.or tn 10 ahsoute. and his con ceptlon 81
NOR assets are pra"iIc,lly hl- property
subject :" u~~ a. 10 NAV sec m
81 NFY. L0MAN 'ND HoBI"
Ono OF the chief assets OF the .Etna In