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Show BANKER FACES ' JORYJIIQJJIRY Chairman of Harriman Board Danios Mituao of Fundo awing Pvsarl MEW YORK. March II Joseph W. Harrlmaa, banker arrested lata yesterday yes-terday aa a dramatic stckroom srone. faced tha pros pert today af quick grand Jury Investigation of th em-satlon em-satlon that ho miiusag funds totaling tlJM.OOO. United States Attorney George Z. Medali Indicated Hsrrlmsn'i case would to to a federal grand Jury before be-fore March . th data art tor the prominent honker' arraignment Harrlmaa, chairman of tha board and former president of the Harriman National Bank and Trust company, waa charged specifically with feiee entries. The government arruaed him of charging a total of eJM.lea to tha account of three depositors, ostensibly osten-sibly for the purchase of th bank's stock from him. The depositors, ft wa charged, were unaware af the transection. Medsll sold s as miners had disrovarad muus af a total af 11.13. 004. After nurse had turned a deputy federal marehal away from Harriman Harri-man bedroom la a taehlonabl apartment apart-ment an the grounds that be waa too ill to bo aerved. Marshal Raymond J. Sullivan served the warrant m the prase no of two doctor. They found nrm to bo Buffering from coronary thrombosis, a serious heart aliment and agreed It would b dangerou to mov him. The banker was placed under guard until I'nlted States commissioner arrived. Thea ho wa raieod to a sitting sit-ting position on the bed, nd. with quavering band. Ilgnod t 126,000 bad bond. Th Harriman National Bank and Trust company did not opeo Monday when other federal reserve members her resumed business. Henry K Cooper, now president ot the Institution, Insti-tution, wa named Ita conservator. The bank reported aaaet of H3 5M.-F7I 5M.-F7I December 11, and deposits of 1M.-1MX2I. 1M.-1MX2I. Harriman. who k? 17, wa stricken 111 last November H had been In th banking bualnee sine he was 14- From his sickbed he uaued a its tern ant denying the charfss. Brown Brothers, Harriman h Co. private hanking house, announced last night It hsd no connection with Harriman National Bank and Trust company. W. Averell Harriman aairt neither h nor hi brother, K. Roland Harriman, had any Interest tot It nor did the estate of then- father, the late C H. Harriman. Joseph W. Harriman u nephew of Z H. Harriman. |