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BANKER WILCOX WANTED At Highland Falls and Also at Cornwall " Home Last Night. HIGHLAND FALLS. N. Y., May 20.-An examination into the assignment of A. C. Wilcox & Co., bankers of New York city with a branch bank in Highland Falls. has been held here before Magistrate Nelson. Several of the bank's depositors were examined and it was found that Bernard Rose and Louis Barbenell had made deposits in the local bank late in the afternoon of the day upon which Wilcox assigned. It was desired to find out if the company could be charged with fraud in receiving money on deposit after it had made an assignment. The law makes such an act a felony, punishable by a term of imprisonment of not less than one or more than five years or fine of from $500 to $3,000 or both when the deposit amounts to $25 or over. The inquiry resulted in the filing of a complaint by James W. Jevens and Bose and a warrant for Wilcox has been issued by Magistrate Nelson and placed in the hands of detectives of New York city for service. Deputy Sheriff Wood of Cornwall delivered the warrant in New York last night. When arrested Wilcox will be brought to Highland Falls for arraignment. He is also wanted at Cornwall, where a national bank of which Wilcox was president, has closed. A. C. Wilcox said last night at his home in New Rocheile that he had not heard of any proceedings against him. He was in this city yesterday and called at his old office. He didn't see the receiver but he saw the receiver's clerk. Mr. Wilcox said he had never borrowed $11,000 from the Cornwall Bank, but that he had sold to the bank notes valued at that much that he had received from his customers. He said he indorsed the notes and had simply had them discounted. He said the notes were good and that it was a legitimate transaction. Ever since the receiver has been appointed everything has been taken out of his hands, but Mr. Wilcox said that if the properties were will managed all the debts would be paid and there would be something left for him.
