Rensselaer Republican, Volume 25, Number 34, Rensselaer, Jasper County, 20 April 1893 — HE GOT THE SWAG. [ARTICLE]

HE GOT THE SWAG.

A San Franclaco Cashier Embezzles •104,000 and Is Locked Up. J. W. Flood, for twenty-seven year? cashier of the Donohue-Kelly Banking Company, is under arrest, charged wivb embezzling $164,(0). The banking company has filed suit against Flood to recover $139,000. The complaint was verified by Howard Havens, the vice-presi-dent of the corporation. He alleges that the defendant was the cashier and agent of the bank, and that while acting in that capacity between Jan. 1, 1892, and April 14, 1893, he received cash, checks and bills receivable amounting to $1,000,009. Of that amount he misappropriated $164,000, and ho has reimbursed the company only in the sum of $25,000. The plaintiff demands judgment against him for the balance. Immediately upon the filing of the complaint la the county clerk’s office the sheriff issued a writ of attachment on the residence of Flood. This property is valued at SIO,OOO. The’ developments have created a sensation in financial circles.