Rensselaer Republican, Volume 26, Number 1, Rensselaer, Jasper County, 31 August 1893 — FOR EMBEZZLEMENT. [ARTICLE]

FOR EMBEZZLEMENT.

Theodore P. Haughey Arrested on a Grave Charge.y... ■ . !. Schuyler C. Haughey, Pereira! Coffln, Francis A. Coffln and Alber* Reed Held aa Accomplices, Theodore P. Haughey, President of the wrecked Indianapolis bank; Schuyler C. Haughey. his son. President of the Indianapolis Curled Hair Works and also the principal officer of the Indianapolis Glue Works; Francis A. Coffin, President of the Indianapolis Cabinet Company; Percival B. Coffin, Vice-president of the Cabinet Company, and Albert S. Reed, cashier and treasurer of the same insolvent concern, were, Monday afternoon, arrested on warrants sworn out by Edward Hawkins, receiver of the Indianapolis National Bank, before United States Commissioner Van Buren. They were taken before the commissioner and severally gave bonds for their appearance for preliminary hearing on Aug. 28, as follows: Theodore P. Haughey, for embezzling the funds and misapplying the funds and credits of the Indianapolis National Bank from Jan. 1, 1892, SIO,OOO with Wilson Morrow, David B. Shideler and John F. Wallick as sureties.

Schuyler C. Haughey. for aiding and abetting Theodore P. Haughey in the crime charged as stated, SIO,OOO, with Rufus K. Syfers, his first wife’s father, as surety. Percival B. Coffln, for aiding and abetting Theodore P. Haughey. $5,003, with John Roberts and Newton Todd as sureties. Francis A. Coffln, charged the same as his brother, $5,003, with John Roberts as surety. v—;-:.' Albert S. Reed, charged, like Schuyler C. Haughey and the Coffins with having aided and abetted the elder Haughey in his embezzlement of bank funds and credits, $5,000, with John Roberts and Newton Todd as sureties. A lthough the arrests have for some dajs been expected at Indianapolis, the final swearing out of the warrants by Receiver Hawkins created a great sensation, owing to the conspicuous and heretofore blameless life of Theodore P. Haughey. Some most affecting scenes occurred at the Haughey homestead when the officers arrived to serve the papers. Mr. Haughey broke down completely; he is completely prostrated over his misfortunes. In reference to the irrests, Receiver Hawkins said ;hat the swearing out of warrants by him vas a most unpleasant duty. Continuing Mr. Hawkins said: “It is pretty trying on * man in his official capacity to proceed m law against old friends and neighbors, but it is a duty that must be performed lo matter how disagreeable to all parties.”