The evening world. Newspaper, January 12, 1921, Page 11

or i# 1S ¥ , — we ‘ ‘ 4 EAST SDE BANKER SENT DOLLARS THAT SHRUNK AS HARKS Transmission of Wm. Lange’s $900 to Berlin Purely a Banking Deal. _ By Martin Green. T™ the Evening World of Thursday, Jan. 6, appeared the complaint of William Lange of No. 1110 Second Avenue thnt, by reason of delay on the part of Henry C. Zaro, a private banker at No. 39 Cooper Square, in transmitting $900 intrusted to him in January, 1917, for deposit in the Mu- micipal Savings Bank of Berlin he, Lange, lost $830. The case was sent to the District Attorney's office and investigation discloses that, in so far as the Zaro bank acted as transmit- ter of the money, the books of the bank and correspondence on file show a banking transaction. Unfortunately for the Zaro bank a) ‘slip-up on the part of a clerk, who fook care of the bookkeeping Preliminaries of the Lange remit- tance, caused interruption of the chronological record of the matter and this led Assistant District Attor- mney Goodman, who made a cursory Mvestigution of the case in Essex Market Police Court, to conclude that be had discovered irregularities. The facts as shown by the records in the Zaro bank are these: On Jan 27 Lange and three other persons bought exchange at the Zaro Dank to the aggregate value of 25,860 _ marks. Checks were drawn for each of these transactions and these checks, representing 25,860 marks, were, according to the bank records, mailed to the Dresdener Bank with instructions as to how they were to be credited to the accounts of the persons who bought them here. This was the last transaction the Zaro bank had with the Dresdener Bank prior to the entry of the United Btates into the war. The checks never reached Berlin. Although the armistice was signed on Nov. 11, 1918, the Zaro bank did not resume busi- Pa Arriah eecten ony ain anleet oc aan steer an eee tect 7 ness relations with the Drestener | Bank until July, 1919. | ‘The records show that on Deo, 16,| 1919, the Zaro bank wrote to the! Dresdener Bank inclosing bundles of | money-order lists sent to the Berlin Institution during 1917 “on which,” the letter states, “we have no report as to whether or not they were ever executed. We will thank you to have these lists checked up.” The reply is | not in the Zaro files, \ The next Zaro tank recofd of the Lange transaction 4s dated on Aug. 27, 1920, in the shape of a letter to the Municipal Savings Bank of Berlin stating: ‘We have not received your receipt for this (the Lange) payment and request that you communicate with,the Dresdener Bank and piace to the credit of William and Flora Lange the sum of 5,000 marks,” In reply the Berlin bank stated that the credit had been made, Lange subsequentiy repudiated the | credit on the ground that the value | of the mark had so decreased that the credit amounted to less than 10 per cent. of his original investment. Then Lange made a claim for $900 with interest. Mr, Zaro sets up that he did every- thing possible to facilitate the com- pletion of the Lange transaction. When asked !f he did not know in December, 1919, that Lange had not been credited with his investment in marks by the Berlin bank, he said that such knowledge would not ‘nec- essarily be implied by his writing a letter of inquiry at that time. TRAPPED BY MUFFLERS..- Gaudy Neckwear Lends te Arrest ot Twe Alleged Hold-Ups, ‘Two well dressed men with gaudy mufflers held up Mra. Regina Finestein as she was entering her home. No. 224 bes ay are pase afternoon al re from her finger @ diamoad vatued at $500. ith the gaudy muffler rine Detec- tive Moran an hour tater arrasted Abe Wolf, twenty-one, of No. 145 Kast 103d Street and Alexander Wildenberg, twen- ty-three, of No. 123 East 106th Street, in a furnished room house in East 106th Street, where, the detective said, he found the diamond ring on a bureau, GIBBONS VISITS CATHEDRAL. BALTIMORE, Md. Jan. 18—Cardinal Gibbons visited the Cathodral yesteriay afternoon for the first time since his illness. Accompanied by his physician, Dr. Charles O'Donovan, and Rev. Al bert EH. Smith, his secretary, he wae wheeled in a reclining chair from the archiepiscopal residence through th, sacristy to the sanctuary of the Cathe- the altar the prelate bowed his head tn prayer. After gazing about | |B the church where he had labored the} greater part of his life, he seemed | |B greatly cheered. Later in the after- noon he was visited by the Right Rev. Owen B. Corrigan, Aumilary Bishop of CU UaC IR ET UT ON PY ET YE BT (BY BY/ BBY JANUARY 12, 1921. McCutcheon’s Sweaters—Scarfs—Hats Fashion's Newest Sports Creations WEATER days are here—no sports attire is quite so smartly gay as the sweater-hat-and-scarf costume. : Sweaters for Southern Resort wear, of Silk and lightweight Alpaca, in lovely novelty weaves—shades eloquent of springtime. Here, too, are the new handloom Scarfs representing a delightful departure in nov- elty sports wear. Of sheer, fine wool thread, colored as a fountain rainbow. 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