Evening star., 1933-06-29
BENEDICT M'NE|L
DENIES CHARGES
Defendant in,Park Savings
Case Calls Dealings
Legal and Proper.

Benedict Mcneil, former assistant
cashier of the Park Savings Bank, who
was indicted yesterday with three others
for conspiracy to commit larceny and
embezzlement from the bank, today
said that all of his dealings with the
bank had been Legitimate and proper"
In a statement issued through his
lawyer, James J. Slattery, he said: AT
the proper time it will be shown that
my clients dealings with the bank were
legitimate and proper. All loans made
by him are covered by ample security.
The depositors and the public generally
are asked to reserve judgment until
the accused has his day in court"
Mcneil today appeared voluntarily
and put up $1,000 for his appearance
in District Supreme Court. The same
amount has been set for Alexander
Mcneil. Benedict's father, who was
charged in the same indictment with
the SON The elder Mcneil now is on
a vacation in Nova Scotia and is ex-
pected back in the city next week
Headed Brokerage Firm.
Up to two years ago the elder Mcneil
operated a real estate brokerage busi-
ness under the name of Alexander Nc
Neil &; Co. The brokerage house was
the deposltor at the Park Savings
Bank. The younger Mcneil was as
sistant cashier at the bank up to Au-
gust, 1929, and the conspiracy charges
revolve around the Mcneil account at
the bank.
out in the indictment is said to be some
$50000.
The McNeils live in modest two
story frame house, 1855 Monroe street
northeast Inside there are hundreds
of books revealing the scholarly tastes
of the elder Mcneil
Since his days at the bank, the young
Mcneil has been an insurance sales
man and now is salesman for an oil
furnace concern here.
The indictments against the two
charge conspiracy with Robert Stunz
then vice president of the bank, to mis-
use the banks funds. Stunz committed
suicide last March.
Robert B. Speich, indicted for lar
ceny and embezzlement from the Mount
Vernon Savings Bank, appeared in
court and put up 1000 bond. David p
Smith, indicted for conspiracy to en-
bezzle the funds of the Park Savings
Bank, also appeared and posted
bond Of $4,000.
Controversy Continues.
Meantime, controversy continued at
the Park Savings Bank between two
major groups who are endeavoring to
salvage what they can from the insti-
tuition.
A committee headed by Dr. Wade H.
Atkinson, chairman Of the Directors
Committee of the bank, planned to call
at the Treasury today with petition
asking the controller of the currency to
throw the bank into receivership under
the direction of the Treasury Depart
ment DR.. Atkinson planned to do this
last night following a meeting of his
committee at the bank with two other
committees. headed by Frank j. Sobotka
and Eugene Casey. These three COM
mittees, Dr. Atkinson said, are united
in their demand for receivership to
be controlled by the Treasury Depart
ment. They plan to call a mass meet
ing soon of depositors to present their
plans The time and place for this
meeting have not been decided.
DR.. Atkinson says his group OF three
committees is very strongly opposed to
plan which he understands De-
positors' Committee. headed by j. w.
Thompson has in mind to attempt to
throw the bank into the hands OF re-
ceiver to be appointed by the court.
Representatives of the Thompson
Committee were in conference today
concerning their program, but declined
to make any statement concerning
what they will do.