Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-01-08
.P|zz|N| COMPANY BOOKS
FOUND ALMOST CORRECT
One Exception Is Use by Pizzini OF
Firm Name to Discount
Note.
EXAMINE Personal ACCOUNTS
Discovery of Other Alleged Dcfalca-
tions Being Made Daily as Evil
dencc Mounts That Real Estate
Man Planned to Make fIasty Exit.

With one exception. the books of the
W. Il. Pzziui Go. have been found 20
bc correct and accounts to be properly
recorded. The one exception is that
Pizzini used the firm name to discount
Il note. Allen q. Collins, who WAS APP
pointed receiver, stated yesterday that
the company would continue business.
With himself receiver and W. T..
Word remaining secretary and treas
urcr. Examination Of all OF pizzini's
accounts has not been completed, but
the work is progressing rapidly as
possible.
Discoveries Of other alleged defalca :
ttonS on the part Of PZzini are being
made every day, and every one holding
piZZini paper is conducting invcSti-
CATION as to its worth. lnnumerable
attorneys arc engaged III the general
search TO learn whether the abscondcr
left anything attachablc behind and
whether any OF the papers To which
he subscribed his name are of value.
1t * doubtful. il is generally be-
lieved. that Pi2zini left anything on
which collection can he made. Many
furnishing articles recently ordered by
him on approval from local firms have
been returned, ii is said, Ivy Mrs. Piz-
Zni.
Eut the house decorations have no,
Yet been paid in fun. ana ono item is
for $4,000. The decorator managed to
procure between 81 900 and So. 900 from
fizZini before his sudden departure.
and counts himself lucky in not los
ing the value Of the whole hill.
HAD DISPOSITION or
MANY TRUST FUNDS
II was said yesterday that another
paper forged by Pizziui bears The face
value of $4,000. and The question is
whether SS00.00o with which Pizzini
is credited having stolen. viii cover
the amount Of his POPULATIONS. Trust
in him was complete. and he had the
disposition Of many funds IL il prob
able. it is said. tina, all funds left in
his hands have hccn disposed Of or
remain III his possession
There has been talk of the "eterna
triangle but this run"r has been SGT
1T rest by intimatcS who state that the
abscondcr was too devoted 10 his home
and family to have other relation. EN-
plantations OF the cause Of his dcfalca :
ton arc many and various But tho
cNtraragancc Of personal habit and
domestic expense is believed hv his
friends 10 have been the cause OF his
downfall.
Small populations IN the beginning,
led I" larger thcfts, and the break
in luck. to which IL is believed he So
confidently looked forward To. never
came. ~ last the larceny of trust
funds aud the forgery Of valucicss
papers became 50 numerous that he he.
came reckless. Then lac merely hicd
IN" time when tho dclngc would come.
Nh"h ~ came II" w"s prepared. and
his exit from Richmond was a hitting
climax To the ten years OF double Iirs
lie had led.
\ man Of remarkable resource. il is
generally believed that Piz2ini had
I prepared for tn" flight which discovery
would ncycssitatc. and that he had the
foresight 10 select AN abiding place
in which hc could begin life anew And
rest secure from the lcngthcnine reach
\ III the law.