Word: cashiering
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...York Attorney General's office last week began hearings on the dealings of the Wall Street firm of Prentice & Brady, which began voluntary liquidation on April 1. Partners Sartell Prentice and Jerome C. Brady refused to testify, but their cashier stated that the firm had been guilty of "over-hypothecation" of customers' securities, that no customer had sustained a loss...
...Were you . . . the ordinary type of cashier or other faithless employe, the court might be disposed to temper justice with mercy. But in this case I cannot. Your course in the last six years has been a course of thefts and larcenies, of frauds and misrepresentations, of falsifications of books and financial statements covering losses of several millions of dollars. As has been said, you were caught like a rat in a trap. Your acts have been deliberate and intentional and were committed with an unusually full opportunity for understanding their effect upon others and the consequences to yourself...
...Alone." Investigations were begun by the Stock Exchange, the SEC and State Attorney General John James Bennett Jr. Distilled Liquors stock flopped on the Curb to $3.50 a share. The Attorney General's office called in Robert J. Rosenthal, cashier of Richard Whitney & Co. Cashier Rosenthal revealed that Richard Whitney had established "Richard Whitney's stock control account" in January, had transferred big batches of customers' securities to it, then apparently hypothecated them for personal loans. The first such transfer revealed was $125,000 worth of securities belonging to the New York Yacht Club. Other revelations: Dick...
Michigan towns this year have had twelve successful bank robberies. Midland, Mich., fearing that her turn might come, had deputized several businessmen to bear arms against such an emergency. One morning last week two gunmen entered Midland's Chemical State Savings Bank. The bank cashier ran to the bank president's aid, and the bandits began to fire, wounded both, ran out into the street, jumped into a car. Plunk! A bullet struck the driver's arm, the car crashed. The bandits leaped out, looked around for their enemy, shot an innocent truck driver who was passing...
...blooded and wild as any to be found in the robust British Dominions. He was born 41 years ago on a St. Thomas farm of sturdy Scotch-Irish stock. After public schooling, which finished with the St. Thomas Collegiate Institute, the farmer boy, aged only 17, proudly became a cashier in a small branch of the Canadian Bank of Commerce...