New Britain herald., 1924-09-25
SPRINGFIELD BANK GUARD
 AND S10O,000 DISAPPEAR,
 POLICE BROADCAST ALARM
.$455,Ol4.55 IS SUM
 IN GILPA7RIC'S CASE
39 Counts in Indictment Total This, Alleged Stolen
 From Putnam Bank

Hartford, Sept. 25.--The 39 counts charged in the indictment returned against G. Harold Gilpatric. former cashier of the First National Bank of Putnam and former state treas urer, alleged the embezzlement of s455,014.55 of the bank funds, it became known today. It is for the embezzlement of this amount from the funds of the Putnam bank that Gilpatric will be put to plea in the federal court at New Haven on Oc- tober 6.
 The indictment returned against | Gilpatric in the several counts al- leges that on August 6 of this year and various sundry dates, while Gill; patric was cashier of the First Na- tional bank, a member of the fed eral reserve banks system and "by virtue of the power of control, di- rection and management he possess ed over the money, funds, credits and books of said bank, he did em- bezzle, abstract and misapply cer- tain moneys, funds and credits" In 29 counts the character of the mon- ey taken is not specified. In one in- stance it is charged he applied cer7f tain bonds to his own use. Eight counts pertain to the embezzlement of Liberty bonds and the remaining count specifics the misapplication of shares of the Putnam Foundry and Machine Co.
 The counts as they are enumerat- ed in the indictment are as follows:
 First count, s2O,0oo bonds; sec ond count. $19,o0O; third count, 67 shares of the Putnam Foundry and Machine Co.,. $1o,oOO; fourth count, sS,000; fifth count, Liberty bonds, $7,000: sixth count, $7,000; seventh count, Liberty bonds. sS,0OO; eighth count, Liberty bonds, $56,00O; ninth count, s3,319.56; tenth count, l $8,305.3s: eleventh count, $12,000; twelfth count, Liberty bonds, $40,- 900; thirteenth count, $39,000; four teenth count, s15,000; fifteenth count s14.250; sixteenth count, $4,000; seventeenth count, Liberty bonds, $1,0S0; eighteenth count, Liberty bonds. $1.0O0 nineteenth count, $5,000; twentieth count, Lib erty bonds. s4o0; twenty-frst count, $16,000; twenty-second count, s4,00O; twenty-third count, s9.393; twenty fourth count, $4,500; twenty fifth count, $S,500; twenty-sixth count, $20.000; twenty seventh count, $12,000: twenty eighth count, Liberty bonds, $21.600; twenty ninth count, $i0,000; thirtieth count, S12,- 900; thirty-first count, S24,000; thirty-second count. $3,000: thirty third count. SS,399; thirty fourth count, s1.000; thirty-fifth count. $3,5O0: thirty-sixth count. $1,666.S4; thirty seventh count. $4,oOO; thirty eighth count, s10,O00; thirty-ninth count. $1,130.77.
 The amount taken from the bank in Liberty bonds in the eight pecu- lations was s1S5,050 and it is noted that the larger individual sums taken were represented in these se- curities, $56,000 and s40,0O0 being charged in two transactions. The next largest item is contained in the moneys, funds and credits" in which $39.000 is involved. The smallest item is S4O0, also in Lib- erty bonds.
 The total of S455,014.55 is charged in the federal indictment does not in any sense mean that this amount represents the total defalcations of Gilpatric, but only the shortage as discovered in the books and funds of the bank by the federal bank examiner.