Show 1 STOLE A BIG SUM Teller of First > ITationalJ3anc JJEHV ston Spa New York Defaulter for a Total of 5100000 I Washington Dec i1he First National Na-tional bunk of Bal ton Spa N Y L wus closed today by a vote of the board of directors The Comptroller oC p the Currency has issued a statement I to the effect that this action acton was taken U ta-ken on account of a discovery of a defalcation de-falcation by the teller Charles Fitch am amounting to 100000 Examiner H J Graham has been appointed by the Comptroller of the Currency tem porary receiver pending a further in pending X veatlgatlon iJ 1 1 Ballston Spa N Y Dec 3The First I I Rational bank of this place was closed 1 J today pending an Investigation 1 by a national bank estgton stated J i I p that the closing of the banks doors LI I fOlowec accounts the discovery of the of teller Irregularity I Charles I 12 Fltchum which has extended oer many years The bank began business I In 18G3 ii Bank Examiners Graham and Van vranlcen were sent for and yesterday I bogart a thorough examination At the I close of banking hours they reported a shortage oC 5100000 The directors then I decided to cloao delcll the bank pending an Investigation and a warrant for FJtch ams arrest i was issued and he was at s once arrested at his home ilL where he Is I Il Fltcliam was Bonded to the amount I mJ of ter UWO He has a wife and one daugh a it President Lamorcaux said today that i was not possible to determine the It amount of Fltchama defalcation with Fleham3dcfalenlon out an inspection of tlu outstanding ccrtiiicutes of depoiilt and depositors 1 tasgbooko The examination he aid the teller Mr eler alone Isresponslblc fir Lamoreaux added that It Is not t thoUght possible that any e loss can come to depositors lepo91ors or certlflcatehold ers ns thu bank haw wo thl u surilUs of 100 which It is hoped will nearly or wi < quite I banks meet the deficit and leave tho capital of 5100000 unimpaired |