Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-07-30

correct figure to be 81 300 900, and with
the other shortages and manipulatiOns
the sum comes to 50. IA 900. OF
course, it must be understood that Il
considerable sum Of the overdrafts is
good. Colonel Pusey has been in
structcd to go after every person or
firm.
Going After Amber Account
How about the Amber account
Mr.. Fisher was asked. referring to the
$40 900 debt Of Charles A. Amber, for =
mcr state insurance commissioner, who
has promised to pay when he receives a
statement from the examiners.
Before left the city" said Mr..
Fisher. II instructed Colonel Pusey to
get out Mr.. Ambler's statement. We
need that money
Mr. Fisher then said that every penny
Of assets would be contested and saved
for the depositors.
eve are going after everything, he
said. There has been much rehypoth
ecation and many of the notes held will
be contested. but we shall do everything
in our power TO collect. The first thing
We have to do is TO get definite state
mcnt Of the accounts. That is, availu
bic accounts; and then We shall "n q
deavor TO uncover the accounts which
have been covered. After that wc shall
obtain III" services of appraisers aud
ascertain what the property is worth. "
Then the bank building will be-
sold:' he was asked
yes. indeed
Michel HaStens to Bank
Louis II. Michel. p.esidenc OF the
North Penn Bank, FASTENED TO the
bank this morning. He was asked about
the michel Moyer' account Of $13.
600 on the books regarding which tes-
timony was given Yesterday.
II never heard of this acrount,' he
said. That is why am hurrying TO
the bank to see the examiners.
At noon Colfiesh left the bank for
lunch.
"Why did you change the bank rec -
ords?' he was asked.
"Simply because Meyer told me to.
Did he bring any influence to bear
Did he have anything on you?''
"No He just asked me and did. -
but. you knew it was illegal:'
"Yes. but l didn't realize il was as
bad as it is"
Have YOU any idea who got the
money!"
ITS out on overdratts said Col
flesh as he walked AWAY
Directors Refuse TO Comment
Directors of the bank took to cover
William r. Gabell. director, who. ac %
cording to Colfiesh, knew of irregulari-
ties in the bank, refused to comment
on the testimony made in the Moyer
hearing.
Have you any idea who got the
money" he was asked.
II wish ! knew, was the reply.
G. G. Neely, 4 druggist, Twenty
ninth and York streets. said that hi
was elected director three weeks prior
TO the collapse. He told friends thai
he knew little of the banks affairs, but
had been assured that the institution
was in good condition.
William Morgan Montgomery. Moy
er's attorney, reiterated that the depos
itors will receive 100 cents on a dollar
You said last week that the short.
age would be so small that you woul(
give your personal check for the diff
ference" he was told. "Are you will
! ing TO stick to that statement
There isn't any shortage in tn,
bank" he reflected. Everything vii
! be explained later You know. at tn,
bearing yesterday Meyer had to pull m
back two or three times. was abou
/ to let out something which would hav
given a different complexion to the af
| fair.
Meyers long promised statement I.
''place the blame where it belongs" ha
not been forthcoming. Last week h
said; I'm the goat. There are other
in this thing" but today his lawye
said "Moyer will not have anything t
say"
CoiHesh Aids MacBurney
James W. MacBurney, the receiver
said accounts were so muddled that h
could not make head nor tail out 0
them.D
i 'Colhesh,n he said. is helpina M