Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-08-21
Miss Anna Nice Carrick,
Friend of Raymond
E. Smith, Found at
Atlantic CITY.
DENIES KNOWING HIDING
PLACE OF MISSING BANKER
Breaks Down and Weeps When
Expose Comes-Cries, why
Did He Disgrace Me and My
Mother?"

Through the watch-picture clue
found by The Evening Star, Miss
Anna McCarrick. the woman whose
name has been connected with that
OF Raymond e. Smith, missing secre-
tary and treasurer of the looted
Roseville Trust Company, was dis
covered today in her hiding place at
Atlantic City by an Evening Star
correspondent.
She was distraugfit, nervous and
evidently suffering from excitement
do you know where Smith is?'
was the first question she was asked.
Hasn't Heard from Smith.
mo" she cried. ct wish / did. l
would give anything to know The
whole thing has driven me nearly
crazy I haven't seen him for weeks
or heard from him."
When she was questioned further,
Miss McCarrick broke down and
wept bitterly.
'Why has he brought this disgrace
on me and my mother?" she sobbed
She said that since she had been
found she would return to her home,
IL Snyder street, Orange.
Met Smith In orange.
When Smith was an Orange coun-
Gilman he resided not far from the
home of the McCarricks. 1t was at
that time that he first met the five
pretty McCarrick sisters.
Friendship sprang up between the
debonaire bank official and Miss
Anna McCarrick. Smith had quar-
relied with his wife and they had
separated. Nevertheless, there was
nothing in Smiths attention to Miss
McCarriek to cause the slightest gos-
sip or comment.
The only objection Mrs. McCarrick
had to his friendship for her daugh-
ter lay in the fact that he was mar
ried and his religion was different.
When Smith dropped out of sight
week ago last Wednesday just
at the time the bank examiners We're
discovering indications of shortage
in excess of $3.50, 900, he left practi-
cally no clue behind him except Miss
McCarrick's picture 1t was found
in the case of his watch by an
Evening Star reporter.
But the woman in the case" as
she could literally be called, had
dropped out of sight.
While Mrs. McCarrick insisted that
her daughter was in Atlantic City,
thorough canvas of the resort failed
to reveal her whereabouts. Detec-
tiVes and reporters alike failed to
find her Intimate friends who had
seen her when she first went to the
shore two weeks ago, said that they
could not tell what had become of
her.
She was found today, however, and
despite her retlcence, it Is possible
she may be able to throw some light
on the remarkably clever getaway
made by Smith.
In an effort to smooth over the
looting of the Roseville Trust Com
pany and it is said, to staVe off any
criminal action against them, the
directors of the bank sought today
to round up every stray share of
stock.
Twenty of the stockholders have
signed the agreement presented to
them by the directors representa-
tives.
That agreement sets forth that the
stockholders will sell their holdings
for cash at a valuation set by three
Newark bank presidents. acting as
appraisers.
The proposed reorganization is to be
financed with a fund of contributions
from the officers of the bank. Already
100000 is said to have been pledged.
Commissioner La Monte, head of
IflR department VI DdllhlnB anu lHEuT-
ance, will agree to the reorganization,
it is reported. if the shortage is wiped
out and fund of 100000 for the re-
sumption of business is provided,
Plan Criminal Action.
While this scheme was under way.
a. group of the depositors, headed
by H. w. Van SAINT and Valentine
b. Kane worked hard on a plan to
fasten a charge of criminal negli-
genee against the officers and direc-
tors.
The depositors, 200 of whom have
Joined protective association to OBJ
tain Justice for themselves, look with
suspicion upon the directors appar-
ent plan to reorganize. They think
that it is merely designed to prevent
action on the part of the stock
holders in participating in legal ac-
ton to press home allegations of
negligence and recover the missing
$358, 900.
LAS a matter of fact" said Mr..
Kane, Il am informed by a lawyer
who Is an authority on banking that
the officers and directors can now,
upon the evidence already adduced,
be convicted of gross negligence, al
though they are not now liable for
the shortage. We are going the limit
in making them pay the penalty.
Officers Confident.
On the other hand the officers and
directors think everything will be
easily settled, despite the fact that
the loss is more than half the total
deposits and may run still higher.
THE way we are going to do it,"
said Edward ID. Dunn, one of the
directors, today, I'VE will be able to
give the depositors and stockhold
ers dollar for dollar. but it will take
time
This is the agreement that is being
offered to the stockholders for their
signatures
1--WE, the undersigned stock
holders of the Roseville Trust
Company of Newark, NJ j., I'm
considera ton of one dollar, lawful
money of the United States, to
each of us in hand paid by G..
Roland Munroe and Edward d.
Dunn, or their assigns, receipt
whereof is hereby acknowledged,
do severally agree tol sell and as
sign to the said G.. Roland Mum
roe and Edward D. Dunn the
number of shares of stock of the
said Roseville Trust Company set
opposite our respective names at
such price s may represent o