Article Text
BANK DOORS BOLTED. A Deficiency of $40,000 Found in the Fugitive Cashier's Accounts. ST. LOUIS, Mo., July 14.-The Provident Savings Bank closed its doors to-day and has made an assignment. Almond B. Thompson, the cashier, has absoonded. The liabilities exceed the assets by $40,000. Thompson is a graduate of Harvard College, and since he bas held his responsible position in this city has been regarded as a man of sterling integrity. He is President of the Harvard Club of this city and a member of the Light Cavalry, and a prominent Knight Templar. He announced his intention in the latter part of last week of accompanying the Light Cavalry to the State encampment, and it was generally supposed he was there. Advices from that point, however, state that be has never been near the camp, and it is supposed that he has joined the army of defaulters in Canada. No other cause for his defalcation can be assigned other than fast living, for he has never been known to speculate. The directors of the bank have filed a petition for a receiver. The President of the bank, J. S. Garland, has been absent from the city for about six months, and the cashier has assumed the President's duties as well as his own. The bank'sstatement of yesterday shows assets of $1,165,000 and liabilities $985,000. The directors of the bank state that they will not be able to realize on apparent assets to their full extent by a large sum. W. H. Thompson, of the Commercial bank, has been appointed receiver. Large crowds of depositors congregated around the bank anxious to know the nature of the embarrassment. The excitement increased until it became necessary to call the police. The largest number of depositors are clerks and poor men and women. W. H. Thompson, the receiver, says that the bank has been carefully managed, and few if any bad loans exist, and it is bis opinion that the depositors will be paid in full. DE RIVERA'S FLIGHT. NEW YORK, July 14.-Some defect having been made in the assignment of De Rivera & Co. several days ago a new assignment was prepared and filed to-day in the County Clerk's office, in which Emet R. Olcott is preferred for professional services rendered the firm as counsel. Mr. Olcott has also taken proceedings in the Supreme Court, and has obtained an attachment against the property of Henry C. de Rivera from Judge Barrett upon a claim that he rendered professional services in 1884 and 1866, for which he alleges be 18 entitled to $3,000. He has not been able to find De Rivera in this State and believes that he has abseconded. De Rivera's father, and also his partner, are of the same opinton. Upon this ground the attachment was granted. De Rivera is reported to be in Montreal. The liabilities of the firm are put at $500,000 by common rumor in the absence of an official statement.