The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-29
Former Head of Defunct Finan-
cial Institution Is Under
Surveillance.
DIRECTOR SAYS SHORTAGE
MAY BE NEARLY MILLION
RittenhOuse, When in Colorado,
Warned Public Against In
surance Company.

NEW YORK. Dec. 2s.-Denied asylum
al the private sanitarium to which ne
was committed as a paranoiac, Joseph
c. Robin. whose operation closed the
Bank OF Northern New York yesterday
appeared for a moment in Jersey City to-
day and then vanished with his sister
DIR. Louise Robinovitch. in an automo-
bile
Detectives watched his apartments and
the home of his sister tonight until Dis
trict Attorney Whitman received word
from William TraverS Jerome, former
district attorney, that Robin had re;
tained him as counsel.
Robin is in this CITY," said Mr., Whit
'and Mr.. Jerome has assured me that
he VIII produce him when the district
attorney wants him.
Ousted From Asylum.
a, the sanitarium the following state
nlent was made:
'In view OF the fact that the criminal
prosecution may be instituted against
Mr. Robin and because OF certain state
nents that have been made, DR.. Carlo
Macdonald requested Mr.. Robins sister
Dr. Louise Robinovitch. TO remove Mr.
Robin from the santa rum. This was
done.
Dr. Max G. Schlapp. one of the three
physicians on whose certificate Justice
Amend c0mrn1NteU ROOM. Cdlleu dl Vie
district attorneys office to make clear
his connection with the case and that
of his associates. DR., Austin Flint and
DR. Valentine
DR.. Schiapp, by DIR. Louise Robino-
witch. She gave us history OF the
case. and, coming from reputable
physician. there was nothing for us TO
do but accept her data as the facts. The
history she gave US indicated paranoia
We put questions TO Robin and his an
swers confirmed the diagnosis indicated
by the history OF the case.
Upon application OF the attorney gem
erals office. Justice Amend signed an
order this evening. returnable Friday,
requiring the Title & Guarantee COM
pany OF Rochester. implicated with the
Aetna Indemnity company in the clos
ing Of the Bank OF Northern New York.
TO show cause why il should not turn
over it's affairs to the state insurance
department.
The order also restrains the company
from transacting any business or dispos-
ing OF anv Of its property until the mo-
tion has been argued.
Alleged Shortage SsO0,000,
Superintendent Hotchkss of the state
insurance department will confer tomor-
row with Superintendent Macdonald OF
the Connecticut insurance department
as TO whether the Aetna Indemnity com
pany OF Hartford shall be restrained from
doing further business In thi; state.
II became known here that In April
1908. an official bulletin issued by 4.
L. Rttenhouse, then state superintend-
ent Of insurance i'm Colorado, and now
president OF the Provident Life Assur-
ance society oustcd the Aetna 1ndcm-
nifty company from Colorado and warned
the public against Joseph C, Robin.
No information WAS 10 be had OF the
state superintendent OF banks bearing
on the probable amount of the alleged
shortage in the Northern bank. but d.
rector said that II might aggregate $780,
600 or more.
James NJ. Clifford. attorney for the
bank. and also a director. who said yes
terday that all depositors would be paid
in full, tonight estimated that the bank
had quick assets on hand sufficient to
assure all depositors 66 2-3 per cent on
the dollar.