FREE genealogy since 1999 - History belongs to all of us!
1910 - BANK TREASURER NOT FOUND.; Shortage in Southbridge Savings Bank Believed to be About $100,000.
CAMBRIDGE, Mass, Jan. 22. - John A Hall, the Treasurer of the Southbridge Sayings Bank, which was closed yesterday by an injunction after the discovery of discrepancies in its accounts, is still missing to-night. Some of his friends here say that the missing man is a suicide, and the woods near the town were searched to-day, but without revealing any trace of him. There is a warrant against him charging the larceny of $21,000 from the bank's treasury. A description of the man has been sent brodcast [sic] by the authorities, with a request for his arrest if found.
The treasurer is 41 years old and is 5 feet 8 inches tall, weighs 190 pounds, and has dark brown hair and mustache. He was known as a home man, with quiet tastes, living apparently well within his means.
During the day a suit was brought in the Worcester County Court against Hall's estate by the Trustees of the bank, and an attachment for $100,000 was placed on his property.
While to-day's continued investigation of the books of the bank gave the public no definite information as to the full amount of the shortage, conservative estimates place it near $100,000, and it was said that if this amount were not exceeded the bank would soon be able to resume business.
To-night a hundred or more of the 6,000 depositors gathered around the bank, but no demonstration was made. A statement to the effect that it was hoped that the depositors would lose little, made to-day by Bank Commissioner Chapin, has reassured many of the depositors. Most of the depositors are mill operatives in Southbridge and surrounding towns.
New York Times
New York, New York
January 23, 1910
Visit Southbridge, Massachusetts, USA (Globe) (Lensdale) (Saundersdale) (Shuttleville)
Discover the people who lived there, the places they visited and the stories they shared.