The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1912-12-05
CASHIER Hello As EMBEzzLER
FORMERLY OF GLENDALE ma,
TIONAL 1ANk-ARREsTED
IN NEW YORK.
Win Insurance Concern that Length
Of Time-Defalcati Of $4,000
Said to Have Been Care.
fully Covered.

New York, Dec. 2. = Arthur F
French, formerly cashier of the Farm
ers' National bank of Glendale. N. D..
has been arrested by United States
Marshal Henkel and arraigned before
United States Commissioner Shields
on . charge of having embezzled
$2,S24.23 of the funds of the North
Dakota institution: It Is further
charged that he falsified the books OF
the bank so as to hide the defalcation
Marshal Henkel arrested French in
the Office of the corporation depart
ment of the Equitable Life Assurance
society. where French has been work
ing as clerk since he came to New
York, about a year ago. from his home
town in the Northwest.
1t is said that those in charge OF
the New York office where he worked
considered French an exemplary en-
, ploye. both In regard to his ability
and behavior.
French was paroled by Commission
er Shields in the custody Of his coun'
sci. Joseph A. Bennett, until next Mon.
proceedings for warrant of removal.
The indictment brought against the
defendant by the federal grand jury
for the district of North Dakota on
Nov. 9, last, charges that French's de.
falcations and their respective dates
are as follows: In December, 1909,
$3.50: 1910. $178.42; on Dec. 81, 1911,
$1,34s 05.
Several Of the is counts in the in.
dictment charge that French manipu.
lated the figures Of the books Of the
bank so as to deceive officers and
stockholders of the bank and the ma
tional bank examiners"
French has had more than his share
Of misfortune since the time he is said
to have fed from justice in North Da-
kota. About two weeks ago his wife
and baby died and he now has one
son living-a lively little tot of s years.
In appearance the alleged embezzler
does not live up to the role which the
federal authorities have ascribed to
him. He is about Is years old. dark
eyed, quiet and soberly dressed. He
might pass for a prosperous young
business man.
The federal authorities assert that
there is nothing at fault with French's
cleverness. They say that when he
left his position and home in North
Dakota no one in the town suspected
the reason. He had so carefully GOV.
cred up all trace of bis defalcation
in his Juggling of figures in the banks
books that It was some months be.
fore the embezzlement was discov.
cred
Bore Good Reputation.
Fargo, N. D.-A. F.. French, said In
New York dispatches to have been
arrested in that city for embezzle-
ment. is we'll known in North Da.
kota financial circles. where he served
for two years az the cashier OF the
Farmers National bank Of Glendale.
French left about six months ago
to go to New York to take what was
said to be responsible position with
one Of the bigger insurance compa.
MES.
While in Glendale French was a
prominent church and charity worker,
and acquaintances there will be 10th
to believe him guilty OF any crime.
He was considered a capable bust.
ness man. He came to North Dakota
from st. Paul. Mimi, where It is be-
lieved that his parents still reside.
Word was received by Glendale
friends less than week ago of the
death Of Mrs. French, who was one
of the most popular women in the city
during the two years that her husband
was cashier of the bank.