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rived, however, the police were calle opon'to keep back the crowds of de positors and the newsboys who wer oudly crying the suicide of baron vo Meyerinck, former paying teller. Had the run not been stopped at th ime it was it is probable that the ban would have been declared bankrup while, according to the superintender banks, there appears to be sufficier good assets to pay all depositors dolla dollar, However, the assets hav been investigated to any exter a more thorough examination ma rove that the depositors stand to los onsiderable of their savings. Onl word of the officials of the bank a the assets and their valuation ha far been obtained by the examine HORTAGE IS ADMITTED That there is a shortage is admitte Anderson, and that at least part o he discrepancy has been traced to Vo Meyerinck comes direct from thos onnected with the bank and the exam nation. Von Meyerinck, shortly befor left the bank, according to Ira ( Hays, the paying teller, issued to him a certificate of deposit for $50 'his $500 item has been already un overed and the examiners are no earching through the books for more the place of original notes wer ound many copies of notes. Securi that had been deposited with th ank as collateral could not be foun in their places had been place leeds of trust and certified copies o leeds of trust. No trace of the money made or los the National Bank of the Pacific des ould be found. In that deal, it laimed by W. C. Hays, the depose ashier, a very good profit we nade, but no trace of the profit wa nearthed by the examiners. The controlling interest of the Na Ional Bank of the Pacific, 1,674 share bought by Hasshagen and W. ( Hays from the California safe deposi trust company, and two othe anks, for $55 a share. A portion o purchase price was paid down an when the time came to close the dea larence Grange of. the Metropoli rust company was asked to loan th noney, which he did, taking the 1,67 hares of National Bank of the Pacifi security. During the time tha range held the stock, Hays, Hasshe and Bechtel had themselves electe irectors of the National Bank of th Pacific and were beginning to perfed lans for a consolidation of the Unio tate, State savings and National Ban the Pacific, when Grange called hi FORECLOSES ON LOAN Hays and Hasshagen were unable t the loan and Grange foréclose ecuring the stock, so it is said, to a share, the amount of the loai rhile Hays and Hasshagen, it appear $19 a share on the transaction lays, however, denies that he an Iasshagen lost on the deal and main that he now holds an agreemen hereby they will realize a comfort ble profit. When he had secured pos ession of the stock, Grange had ransferred into his name and into th ames of John H. Spring and Alfre feyerstein and then called for a meet of the directors. At that meetin resignations of Hays, Hasshage Bechtel were called for and hande and Grange, Spring and Meyerstei lected to fill the vacancies. Grang demanded the resignation of Zoet Cldredge, the president, and when tha forthcoming, Grange was electe resident. When the Union state secured th ontrolling interest of the State saving commercial it was the plan to con olidate those institutions, but that ha ever been actually accomplished. In tead the assets of the two banks hav merged, and it has been the pla late to conduct all business throug he State savings and commercial. Van Meyerinck lost his position abou month ago. He was discharged by V Hays, then manager of the bank, i order to reduce expenses and becaus Hays, his actions about the ban were suspicious. "I discovered that there was a dis crepancy in Von Meyerinck's account about a month ago," said Hays yeste lay evening. "It was the duty of Has hagen to count the cash each evening and one evening we found a shortage pproximately $139: I can not remembe the exact figures. That discrepancy we assigned to natural error, as any telle liable to make in making up his cas Later I found Von Meyerinck examinin the contents of the note case, and fro that moment I decided that he mus leave the bank. The bank holds a mor rage on Von Meyerinck's Larksp property, the interest on which has ne been paid for two years. I can not sa for sure that Von Meyerinck was sho his accounts. As you know, I ha been near the bank since I had call a policeman to help me get in the vaults, and what has occurred sin that time I do not know." TRIPS TO BEACH RESORTS Hays was then questioned about se of the bank's transactions which not appear exactly right. He sa that at the time he left the bank tl necessary reserve was being carrie omething more than $8,000 in the Wes
