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WHEN BANK FAILURE IN NEW JERSEY. Buspension of the Dime Savings Bank of New Brunswick, Caused by Defalcation. NEW BRUNSWICK, N..J., March 11.-The Dime Savings Bank, of this city, is in trouble. The doors were closed this morning by orders of the Secretary of State. The directors of the bank are now in session, but positively refuse to give any information as to what the trouble is. Arthur'G. Ogiesby, the secretary and treasurer, it is rumored, is short in his accounts to the amount of $80,000. Mr. Ogilvie is prostrated at his home, and cannot be seen. No man in the city has borne a higher reputation for financial integrity. W. P. Voorhees, one of the directors, and counsel for the board, returned this afternoon from New York, with an order from Chancellor Runyon restraining the board from receiving deposits or paying out money, and commanding them to report immediately the condition of the bank to him. The order was granted upon the petition of the directors, who assert the bank's inability to pay on its deposits. The last statement of the bank was made Jan. 1, 1886. Its surplus was then only $3,556.77. Its deposits amounted to $166,750. Its securities were largely in bonds and mortgages. The institution was never considered especially strong, but its credit was never questioned until at the time of the failure of the National Bank, of this city, in August, 1884, when rumor prevailed concerning its insolvency. Investigation reveals the fact that the directors cannot be held responsible for whatever deficiency may be found. While Treasurer Ogilvie was under bonds for $5,000, it is acknowledged by counsel for the bank that the deficit is $80,000. Mr. Ogilvie's residence is under surveillance of the police. It is thought that he will not survive the night. The depositors in the bank are mostly operatives in the mills and factories of the city. President Langdon asserts that on Feb. 20 he handed his resignation as president and director of the bank to Mr. Ogilvie, not being satisfied with its management. Mr. Ogilvie never made known the fact of his resignation to the other directors. Mr. Langdon now disclaims any responsibility in connection with the failure. In an interview with an Associated Press reporter, to-night, he said that the first intimation the directors had of the defalcation was on Sunday night, from words dropped by Treasurer Ogilvie in his delirium. On Tuesday night a committee visited the bank, and found bonds end securities missing. The January statement of the bank was published entirely on Mr. Ogilvie's authority, and was never vouched for by the directors. Mr. Ogilvie, some nights ago, closed up the account of the Citizens' Building and Loan Aassociation, and it is surmised that some of the bank's funds went toward squaring up accounts there.