Show SHORT F Trust Company of Nashua N NH H F Closed Under Arrest Nashua N H Jan 25 John P treasurer ft pt the Trust Tract was arrested today day charged fc IS ith th embezzling from the between x and I Th Nashua Trust Tru t company did not PI w it Ite doors today and the institution 5 V in charge of th the state bank pending a further examination Goggin s hold held in honda bonds for forthe forthe the grand in Jury He made no but it is said that his downfall ivas not due to speculation but to his having given assistance from time to time to toa a friend Coggin in is one of the most T prominent bank officials in New Nw Hamp Hampshire 4 shire He came here from thc tho went t eat about ten years ago and in a short hort time he ha was g made treasurer of the trust Be Ue is about 40 years of ot age ace and has baa a family In banking circles here buee tha tta opinion was held out today that the defalcation would not net result In the permanent doe doeing tog ing of the company Th The company has hasa a capital of and carries running in amount from 00 to in the savings depart department ment nent The bank also had bad a ch check ck de deposit deposit posit department the deposits deposit in which will swell weIl the total carried by the bank to about An Au attachment of was placed on In the property Iteld by in this thin city by the bank today Real RaJ estate o oZ George E B Gage of Manchester was waa levied to recover on ona ona a note for Another attachment for has been tiled filed 4 I real estate owners in this city by Gage Gage was formerly a bank official her t The directors of the Nashua Trust company have Issued a statement as assuring 5 curing suring depositors that they will lose loser r nothing loggin has been removed from the tho of treasurer and Joseph L Plough i s been appointed till nil the vacancy tern Since 1890 four local banks hart bar closed their doors banks in lii several neighboring tonne have been forced to suspend chiefly through beats sustained In iii investments in it the western states It Is r estimated that within ten years of Nashua have lost fully 2 through the ut of bunking institutions Th TIu illegal manipulation of n ites tw held Hekl ly hy th bank during tho thu period a quarter of a a century anti and sub nt to make OIN n 5 short a ige e b by are arc the causes cause as rl re l by the directors of tUt the corn com company pany rany for the arrest of tf Many Matiy o ohe othe he the notes accepted by the treasurer with without without out th tb f the directors were taken for accumulated interest on notes flies listing dating several Of th shortage A ao Is said to have n lo 10 loin S in 10 i |