FINANCE.
'. BANKER; ARRESTED:' BY TELEGIIAPH—HIZSS ASSOCIATION— C9PYMOET. New. York, February 17. Charles W. Morso, la well-known 1 banker, was arrested on returning-to Now York on a charge of larceny. .. The New : York " Commercial , and Financial Chronicle" of January 11,statesAnnouncement of' the 'disposal of' the holdings (2000 shares) of Charles W. Morso in tho,Now Amsterdam National Bank of this city was made this week. The ])urcha«er is F. M.' Peet, .President of the National-Deposit Bank of Philadelphia. Mr. Morse resigned as Vice-President ana director, of the'institution in October. Tho Clearing House at' that time, it will be recalled, insisted- upon ; tho elimination : of tho Heinze-Morse-Thomas interests from this, and from the' Mercantile and tho National Bank of North America; before extending to the institutions any support that might l .be, needed. .-...... .. Mr. Morse.-who resigned from the directorate; of the. Fourteenth; Street Bank - of this city, is said to have sold his stock interest in that bank to' President. E. Ross Appleton. T. Augustus .Heinze, former President of the' Mercantile National : Bank, this city, 'pleaded-'not guilty' to a Federal grand jury indictment charging him with over-certifying fifteen cheeks drawn by. his brother's concern, Otto Ileinze and Co., on that institution, to the .amount of , 407,000 dollars." .
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https://paperspast.natlib.govt.nz/newspapers/DOM19080219.2.36
Bibliographic details
Dominion, Volume 1, Issue 125, 19 February 1908, Page 7
Word Count
204FINANCE. Dominion, Volume 1, Issue 125, 19 February 1908, Page 7
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