Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-09-24
FRIEND PROMISES
TODISPROYE CHARGE
OF EMBEZZLEMENT
and Neighbors Stand
by Man Accused of Mis-.
appropriating Building So
ciety Funds. .,, vi

Urged by his newly welded wife n ..
iorth and prove his innocence, Frank A..
Friend, of i599 York road, Logan, n rem,
estate operator, now under sic, 900 bail nm
the charge of misappropration of s7on
from two building loan associations. left
his home early this morning, declaring
that he would prove he was not guilty.
When Friend walked out of the vesti,
bule of his home he was accompanied by
his wife. She Is a comely young woman.
She appeared to be worried. Her arm
rested on the arm of her husband WIN
was doing his best to calm her.
On the verandas of nearby houses sat
women and men who are friends OF
Friend. Many of them turned their faces
away when they saw the scene.
MY arrest Is all mistake and I feel
confident that everything will turn out alt
right" said Friend as he waved fare-
we'll to his wife.
Weeping and on the verge of collapss.
Mrs. Friend entered her home. Later she
went away to the home of relatives.
DIVORCE COST $4,000.
After Friends arrest on last Friday hs
tcld detectives McGinn and Walters that
he had been recently divorced and that
tho suit had cost him $4,000 That Friend
had married again was known only to
few Intimate friends and relatives He
was married on May 20 and was home
from his honeymoon only few weeks
when he was arrested.
Friend has been living at the York road
address only a short time. He is %
years old and bears an excellent repu.
tation among his neighbors.
Believing in his innocence MANY of hi,
friends and neighbors, who are influential
residents in the Logan section, today
rallied to his aid The bail for $4,000 was
arranged by two neighbors.
I'VE have faith in Mr.. Friend and IL
the bail had been $4,000 instead of $1,000
we would have brought forth that sum
II we had it," said the wife of one Of
the bondsmen.
Many shareholders in the Creston Build-
ing Loan Association and the Old Hick-
ory Building Loan Association. for which
concerns Friend acted as an agent tcdqy
made inquiries for him at his Office at
Front street and Allegheny avenue.
Those who called were assured that
everything would turn out for the best
MISAPPROPRIATION CHARGED
In the affidavit sworn to by the Stats
Banking Examiners, Friend is charged
with misappropratng $500 of the funds
of the Old Hickory Building Loan As
sociation and $14OO from the Crescent
Building Loan Association.
Friend, 1t is charged, while acting as
an agent for the building loan assoca.
tions retained money for his tse which
was given to him with which to invest
in mortgages.
When arraigned last Wednesday before
Magistrate Renshaw he waived hear.
ing. Within a short time after his bail
had been fixed his friends gave bond.
1t was learned today that Friend was
married for about 10 years to his first
wife. They separated. it is said, because
of religious differences.
Since his arrest Friend has sold hs
touring car, which cost him about $500,
for 5000
After his arrest Friend, according to
the state Banking Examiners, told them
that he had made good on shortage OF
5000 from the funds of another building
and loan association.
1--WE feel sure that Mr. Friend will soon
be back and show that he deserves our
respect" said one of his neighbors today.