ALLEGED DEFALCATIONS.

Daily Telegraph (Napier), Issue 9833, 4 August 1900, Page 3

ALLEGED DEFALCATIONS.

Two Bank Officers

Arrested.

[per press association.]

Christchuroh, Last nighc. This morning Alexander Y. Hay and William Allan, manager and teller respectively of the Biiik of New Zealand, Rangiora, were arrested on a charge of having stolen from the bank vanoua sums, amounting to £4732 183 81. The accused, who had been suspected for a fortnight, and were prepart-d for the charges, were brought immedia'ely before Justices of the Peace. Alexander Young Hay was charged that he did on January 29th, 1894, at Rangioia, steal the sum of £80 5s 2d, and on February 26th, 1900, the sum of £68 15s. He was also jointly charged with William Allan, teller, with having j on divers dates between January Ist, 1894, and July lOth, 1900, .stolen various sums, amounting in the whole to £4583 18s 6d. ; Mr Fisher, who appeared for the prosecuting bank, applied for a remaud until 9 a.m. on Tuesday next. Mr Helmore, who appeared for W. Allan and represented Mr Harper, counsel for A. Y. Ha.}', had no objt-etion to offer, and aslceu for bail, which was fixed on thefitst two charges oa accused's own recognisances £150 and two sureties of £100 each, and ou the main charge on the two accused's recognisances of £1000 each and two sureties of £500 each. The total amount of bail was £4350, and the sureties were immediately forthcoming.