Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-05
ASSISTANT TELLER
RESIGNED IN DISGUST
Strunk Says North Penn Was
Loosely Operated-Quar-
relied With Meyer
FISHER FILINGS WARNING

Wallace A. Strunk. former assistant
receiving teller of the North Penn Bank
and brother of Amos Strunk, of the
Athletics, says he found banking meth =
DDS at the institution so loosely run
and $50 fagrantly irregular that he
quit the job in disgust after his pro.
tests to Ralph T. Meyer, cashier, and
other employees of the bank had got
him ''in bad' with the Meyer Strang-
Colf1esh aggregation.
Conditions at the bank were so
raw. " Mr.. Strunk said. that It was
common knowledge at the institution
that Strang. the paying teller, pre-
scntcd his wife with n S1O.500 home
and drove three automobiles on his
weekly salary of $50.
Moreover. Mr.. Strunk continued,
"Strang made no effort to conceal the
fact that he also went under the as
whenever women telephoned the
bank and asked for Mr.. Caldwell, the
employe at the phone would turn to
Strang and say, with smile. You're
wanted on the telephone This fact
was known to Mr.. Meyer, the cashier,
and virtually all other employees Of the
bank
Observed Irregularities
Mr.. Strunk asserted that when he
began his duties at the North Penn
bank. five weeks ago, he noticed that
Strang was making mp the leash
book for Robert Hartman, the re-
rciving teller, each day. The book,
Mr.. Strnuk explained, shows the
amount of deposits received daily, cash
on hand and other important financial
items.
''This practice was so flagrantly ir-
regular that I protested against it at
once" said Mr.. Strunk.
"Strang told me that he did it be-
cause Hartman, the receiving teller,
didn't know how to prepare 1T prop
crly. But I told Strang / was capable
of doing it myself
Tnp Movers and Strang became an
tagonistic toward him, Mr.. Strunk ex
planned, because he frankly expressed
disapproval of their methods,
Strang, according to Mr.: Strunk, told
the watchman at the bank that he dis
liked Strunk because he Is always
poking into things
Found Conditions Changed
Mr.. Strunk made these statements in
an interview at his home. 2920 Lehigh
avenue, where he lives with sister,
Mrs. George Wiegner.
Mr.. Strunk worked at the North
Penn Bank for five years up to Decem-
.ber, 1917. when he was stricken with
scarlet fever. Shortly after his recov-
cry he entered military service, and
upon his release on May % he. was
offered job by Meyer at the bank.
He was told by the accused cashier that
his position as assistant receiving teller
was temporary and that he would be
elevated to receiving teller in short
time.
But conditions were not the same
at the bank during June. 1919, as
they were preceding his illness in 1917,
Mr.. Strunk declared.
John S. Fisher, state banking com
missioner, declared today in Harris
burg. that every man responsible for
the wrecking of the North Penn Bank
will "suffer for his misdeeds.'
Criminal and civil actions will be
taken against every one involyed,' said
Commissioner Fisher. "The directors
will be held responsible for their acts
and stockholders of the bank, which is
capitalized at $15O,O00, will have to
nav their pro rata share, to make up
the deficiency found. -
Action to compel stockholders and di :
rectors to pay will be taken as soon as
the work of the bank examiners has
progressed far enough to permit making
n schedule of assets. The real estate
and mortgages held by Ralph L. Moyer
the former cashier; motorcars owned by
bank employees who led a gay life OIL
the banks money-all will be listed as
available assets from which pro rata
distribution of funds will be made tt
depositors.
The bank building, with its safe de
posit vaults and money safes, can, Com
missioner Fisher believes, be valued a.
S125 600 in making up the inventory OF
the banks available assets.