New-York tribune., 1921-02-26
Clerk, Il, Walks Out of
Gage of Northern Trust
Co., of Chicago, With
Liberty Bonds on Person
Received Salary
OF sos a Month
Had Been With Bank 3
Years, Had Good Name
and Lived With Mother
Special Dispatch to The 7'ytb,,,,

CHICAGO, Feb. 25.-Liberty bonds
having par value of $772,OO0 were
taken from the Northern Trust Com
pany at noon yesterday by William
Dalton, sevcnteen-year-o old clerk in
nc trust department., according to al
nounccment made to-day by H. O. Ed
monds, vice president in charge of the
trust department..
Despite the presence of others in the
security cage, Dalton, it is charged.
was able to conceal the bonds on his
person and walk out, ostensibly to
lunch. The theft was discovered two
hours later, when M. L. Hanson, senior
clerk, noted that Dalton had not re-
turned
The city police and a private dctcc-
tlve agency were notified Immediately,
aut to-day have been unable to dis
cover any trace of Dalton. The boy
lived with his mother and sister, at
4508 Wilcox Street. A reward of ST 900
is offered by the bank for Dalton's an
rrchension, and 5000 for recovery Of
the bonds. Dalton had been employed
by the bank for three years, and re-
Gently had been promoted to junior
clerkshlp. He was receiving sos A
month, Mr.. Edmonds said.
Dalton was known in his ncighbor-
Eood as a quiet, home loving, church
going boy, whose chief ambition was
TO become successful in business so
that he could provide comforts for his
widowed mother.
The following description was issued
ny the bank to the police and detective
agencies:
"Wiiliam Dalton. seventeen wears
cld;' five feet three inches In height:
Jos pounds; slender build; dark hair,
r>mbed pompadour style, cut recently;
wore mixed gray and black suit, with
cap to match; overcoat with belt; tan
shoes and soft collar
Mr.. Edmonds made the following
statement:
The Northern Trust Company re
7orts a theft of Liberty bonds which
occurred yesterday. William Dalton
who has been in their employ for three
years, and who was stationed with
others in the securities cage in the
trust department, was sorting tempo
1sry bonds preparatory to their being
tdhel ipT CNCndURG LOT permanent
bonds. During the noon hour, although
others were present with Dalton in the
cage at the time, he managed to leave
with a bundle of the bonds and get
away from the building undctected
The loss was quickly discovered, but
as yet Dalton has not been appre-
hended.
"Thc bonds taken were temporary 4
Ter cent United States Liberty bonds
If the fourth issue, without coupons.
The total par value is S772,000, of
which four were for $4,000, nine for
$1,000 and the remainder for $1,000,
$500. 500 and $50 Their total market
value was approximately S670,000, not
registered.
For many years the bank has car
ricd d blanket bond issued by the un-
derwriters of Lloyd's, of London, COW
ering a loss such IS this, which will
cover very substantial part of the
loss, if any results.
"Dalton's record up to the time of
the theft had been good He had been
employed as messenger and in va
rious other capacities, and was pro-
NOTED about two months ago, with an
increase in salary"
Mrs. Dalton, when reached at her
home ever the telephone, refused to
say when she had last seen her son.
"We can't discuss the matter" was
all she would say.