Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-09-24
FRIEND PROMISES
TODISPROVE CHARGE
OF EMBEZZLEMENy'
Wife and Neighbors Stand
by Man Accused of MI.
appropriating Building So.
ciety Funds.

Urged by his newly welded u,,f.
lorth ana prove his innocence, Franz
FRIEND OF 1883 York road, Logan. n 49,,
estate operator. now under $4,000 bal, \.
the charge of misappropriation NJ ,,,0.
from two building loan associations ~.
his home early this morning. d.o,,.,.
that ne would prove he was not guilty
When Friend walked out of the vest,
bule Of his home he was accompanio, T..
his wif". She Is a comely young won,..
She appeared to be worried. Her orr.
rested On the arm of her husband wha
was doing his best to calm her.
On the verandas of nearby houses "a,
women and men who are friends =,
Friend. Many Of them turned their f,ces
away when they saw the scene.
MY arrest is all mistake and I fesl
confident that everything will turn out an
risht said Friend as he waved fare.
well to his wife
Weeping and on the verge of colIar,,
Mrs Friend entered her home Later sh.
went away to the home of relatives
DIVORCE COST $4,000
After Friends arrest on last Friday h.
teld Detectives McGinn and Walters thu,
he had been recently divorced and tb,,
tho suit had cost him $1,000 That Friend
had married again was known only \,
a few intimate friends and relatives. u.
was married on May 20 and was hom.
from his honeymoon only few week,
when he was arrested.
Friend has been living at the York road
address only short time He is n
years old and bears an excellent repu.
tation among his neghbors.
Believing in his innocence many OF hi,
friends and neighbors, who are Influential
residents in the Logan section, TO-DAY
rallied to his aid: The bail for $4,000 wa,
arranged by two nelghbors.
We have faith in Mr.. Friend and II
the bail had been $4,000 instead Of SocN
we would have brought forth that sum
II we had it," said the wife of one N
the bondsmen
Many shareholders in the Creston Build.
ing Loan Association and the Old Hck.
ory Building Loan Association, for which
concerns Friend acted as an agent. TODAY
made inquiries for him at his Office A,
Front street and Allegheny avenue,
Those who called were assured that
everything would turn out for the best
M1SAPPROPRIATION CHARGED.
In the affidavit sworn to by the State
Banking Examiners, Friend is charged
with misappropriating $500 of the funds
of the Old Hickory Building Loan As.
sociation and sl4OO from the Crescent
Building Loan Association.
Friend, it Is charged. while acting A,
an agent for the building loan associa. I
tions retained money for his use which
was given to him with which TO invest
in mortgages.
When arraigned last Wednesday befor,
Magistrate Renshaw he waived hear.
Ing. Within a short time after his ball E
had been fixed his friends gave bond.
1t was learned today that Friend was
married for about 10 years to his first {
wife, They separatedS it is said, becaus,
OF religious differences
Since his arrest Friend has sold his
touring car. which cost him about $500
for 5000
After his arrest Friend, according to E
the State Banking Examiners. told them
that he had made good on shortage Of
sNoOO from the funds OF another building 3
and loan association.
I'VE feel sure that Mr. Friend will soon
be back and show that he deserves our
respect" said one of his ncighbors today