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The Winthrop Bank Robbery-A Little Light upon the Subject. READFIELD, Nov. 11, 1875. MR. EDITOR -Some of the accounts published several days since, of the affairs of the Winthrop Savings Bank, and of the measures which had been taken for the recovery of its stolen property, seem to have given the impression that the rights and safety of the public had been sacrificed or overlooked, in the effort to recover the bonds and securities of the bank. But no one having full knowledge on the subject, could honestly have intended to give such impression, because such is not the fact. With your permission, I will give a brief statement of the proceedings in the case, and of what has been done by those officially charged with the settlement of the bank's affairs. The robbery was July 23d, 1875. On the 27th day of August following, the trustees of the bank filed a bill in equity in the S. J. Court, representing its condition, praying for the sequestiation of its property, the appointment of a receiver, and such further action as is provided by the statute. Upon due notice a hearing was had September 27th, an order of sequestration passed, and a receiver and commissioners appointed. Prior to this time, the trustees had been making diligent efforts to secure the robbers and recover the stolen property. And from all the information that could be obtained, they became satisfied that there was but one way by which the property could be recovered, so as to be made available to the depositors; and that was, by offering a reward for its return. If this could be done, they had strong hopes that the whole, or a part of the property, could be secured. Under this state of facts, the receiver petitioned the court for instruction and direction, as to the the proper action to be taken in the premises, and on the 18th day of October, an order was passed authorizing him to offer a reward of not exceeding $10,000 for the recovery and return in good condition, of all the stolen property belonging to the bank. On the 21st of October, this reward was offered, and on the 5th of the present month it was paid to Col. C. A. Wing of Winthrop, on receiving from him all the bonds and securities stolen from, and belonging to the savings bank. These amounted, at their face value, to $66,100. The receiver also, at the same time, obtained under the reward, securities pledged to the bank by individuals, as collaterals, amounting to $3,900. The order of the court, under which the reward was authorized, was not silent on the question of compromise with the robbers, but in most explicit terms, forbade anything to be said or done, in any way shielding them, or their accomplices, before or after the fact, from the prosecution and punisbment their crimes deserve. And in the offer of reward, this order was referred to, and these provisions made a part of its terms and conditions. As matter of fact the person who restored the property did not ask any protection for the guilty parties, and no act was done, or assurance given in connection with its recovery and return, that was not strictly in accordance both with the letter and spirit of the order of the court. The public may rest assured, that no party now charged with any duty connected with the affairs of the bank, will relax any effort for the discovery and punishment of the perpetrators of this most bold and daring robbery. What has been done, has been entirely in the interest of the depositors, and they may well deem themselves fortunate in the result of the efforts made. Their expectations as to dividends, however, must be moderated by the fact that the present market value of the securities recovered, will fall very much below their face value. The statements referred to have been repeated more or less at length, by the press generally, and it would seem to be but an act of justice to those officially charged with the settlement of the affairs of the bank, that this communication should have the same publicity. Very respectfully, EMERY O. BEAN, Receiver of W. S. Bank.