Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-02
|COLFLESH AFRAID
OF 'BOLSHEV|STS'
Bookkeeper of Defunot Bank
Fears Depositors VIII Break
Into North Penn
ALL TO BE PAID, HE SAYS

Walter o. Colf1esh, the S2j a week
bookkeeper of the defunct North Penn
Bank, Sunday school teacher and
partner in a motor sales company. that
has an overdrawn account of S12 200
is afraid of the "Bolsheviks."
IT wish you fellows would quit writ
ing about this bank" he said. Pretty
soon ! an afraid we won't have any
record, because the Bolshcvists in the
neighborhood will break into the build
ing and steal the books
Although Colfiesh referred to the dc
positors who are clamOring for their
money as "Bolshevists, Samuc
Moyerman, chairman of a committee Of
the depositors, repeated that the vic
tins intend to avoid even any hint Of
disorder.
Mr., Moyerman announced h" had re
ceived assurances from Colonel Fr"d
Taylor Pusey. special deputy attorney
general. that $500 900 would be paid
within two weeks by persons and cor
porations now owing money 70 tn"
bank. Colhcsh was even more or-
timistic.
"Well nay 100 cents on dollar. ="
said the clerk. who on Tuesday t2Sti-
fled in Central station that he falSiicd
the books of the bank under Meyer :
orders.
Doesn't Know just When
"When will You pay the hundred
cents?' he was asked.
'tOh I don't know just whcn But
If everybody was as prompt in paying
MP as ! am. the bank would soon get
on it's feet Today I paid 500 fol
which l had ovrrdrawn my account
Within week or two the Motor Sales
and Service Company in which ! an
partner will pay up the $1",00 which
II ovprdrew from the bank. "
''How often were the books examined
x at the bank" he was asked.
''Twice year; ] don't remember
anything about the examinations be
cause Ralph Moyer took care of sucl
things"
"Who made the examinations? ?"
az don't remember their names"
Colfesh was expected at the ofir
trict attorney. yesterday. But he falel
to appear. Instead he went vOluntarili
to the Office Of Mr.. Pusey in the Bailey
Building.
There. Mr.. Pusey was closctcd wifi
Ralph 7. Meyer. the cashier. and his
brother. Ray Meyer. Ralph Movers
counsel. William Morgan Montgomery
Peter G. Cameron, second deputy
banking commissioner. and Colfesh's
attorney. \. f. Hurshman.
II am doing, not talking" said Mr.
Pusey. II can make no estimates o,
predictions and can give you no figures
l am neither pessimistic nor 0ptimis
tic. These are private matters"
Where Are liberty Bonds
"What has become of the Libort,
Bonds in the bank" he was asked,
THAT matter has been taken care
Of"
''Are they safo?"
II can't say"
Mr.. Montgomery would tell NOTHING
yof the meeting.
fr-..Sou See he said. 81 came here rs
Mr., Meyers counsel. Mr.. Mover was
invited TO the conference and rs 4
guest. 1t would be discourtcoug for hin
20 reveal anything that happened. W,
all have our orders, and Wa cannot say
anything"
Mr.. Montgomery intimatrd. however
that his client had grown considcrabI,
in the estimation Of Mr. Puscy. Col
onel Pusey, he indicated, might hav
an, interesting public statement to max
on Monday.
1--WE do not intend to do auythini
unlawful" said Mr.. Moyrrman. "bu
we do intend to see that those who 20
out money by unlawful means shall b
punished. We intend that all thcs
fancy clerks who rode around in auto
mobiles and bought summer homes n
our expense shall pay. We intend +
get every cent they own, to make up 70
our losses.