The Bridgeport evening farmer., 1915-09-18
HOME OF BANK
 EMBEZZLER IS
 HELD FOR DEBT
stratford Property Posted by Sheriff for Ansonia
 Savings Institution.
.DEPOSITORS STILL
 WITHDRAWING MONEY
Man Who Assaulted Police man in Riot Thursday
 Night Is Fined $10.
(specia1 to The Farmer.)

Ansonia, Sept. 18.-The Stratford property, life insurance policies, and other belongings of Franklin Burton, former mayor of Ansonia who has confessed to embedding $s6,ooO of the Ansonia Savings banks funds, was attached to-day.
 the rioting Thursday night when the police were swept off their feet trying to protect the bank, was fined $10 and costs this morning in the police court. He was charged with assault ing a policeman.
 In the absence of. w. A. Nelson, who who has been buying up bank books, as director of the bank, the run cop- tinued this morning. More than 100 persons formed a line outside the doors before they opened. The direc- tors removed the SO days notice re- Equirement on deposits of $500 or less and checks on another bank were given out this morning as soon as books were presented.
 No evidence of further peculations or. use of bogus securities has been found by Bank Commissioner E. J. Sturges. He left his job to-day but will return Monday to continue the investigation.
 The session of the directors yester- day was a brief one, and was attend ed by all of the members. Those pres ent included Fred A. Lines, president; Samuel G. Redshaw, vice president; i; and the following directors: Albert B. Hotchkiss, Chester F. Tolles, Arthur L. Fisk, Samuel W. Smith, William A. Nelson and Howard B. Green of this city; Attorney Clifford J. Atwater of Seymour, and E. Sheppard Gordy of Derby. It is understood that the cleo ton of MT. Nelson is but a temporary one. He is member of the board of directors, and it was he who, when funds of the institution, Thursday, announced publicly that he stood ready to buy in pass books to the extent of $100, 900.
 It was not until after o'clock that matters around the bank building went back to conditions that were anything like normal All during the day crowds surrounded the bank, and in almost every instance those who formed the lines along Main street were depositors, waiting to be allow ed to withdrew their savings. The action of Mayor Schumacher in swear ing in 40 members or the fire depart rnent as special officers and their be- ing assigned positions nfar the bank, witfr> the regular poHces officers, was conceded by the populace as the Lone thing that prevented a repetition of
 
 A wired inclosure was arranged all along the front of the bank building which extended for quite a distance north and south, and the officers enforced the rule laid down to allow no one within the enclosure.
 Bank Commissi oner Sturges, with his assistants and the state bank ex- aminers worked steadily all day ex- anaining the accounts. anad were kept going until o'clock. The bank com missioner said that the men had worked during the day on the stocks and bonds, the, real estate holdings and so on, and that in every instance ask far as the work had progressed they found the accounts correct. The railroad, state and municipal bonds to the extent of $1.5oo,00o were ex- amined and the securities were found intact. Commissioner Sturges said that the examiners would continue the work today, and that they would likely be engaged all next week, as there was much work yet to be done.
 Outside of the claimed $S6, 900 in cash and notes found on Thursday, Con1nissioner Sturges said that no deficiencies had been met. On all of the work entered into since the dis covery of the alleged shortage the records had shown that they were well kept. He expressed the opinion that the original shortage as found would probably be, the total defici- ency.