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Show CARNEGIE TRUST CO. SAY BONDS ARE SAFE NEW YORK. July 6 Following a conference of District Attorney Whitman Whit-man and former Juntlcc Kenner, counsel coun-sel for the Carngle Trust company, It was rcirorted today that the grand jury was InveBtliatlng the alleged disappearance dis-appearance of $100,000 worth of bonds deposited with the company as security secur-ity for a loan. While DlBtrict Attorney Attor-ney Whitman admitted that an Investigation Inves-tigation was in progress, Moses H. Grossman, counsel for the Carnegie company, stated that the story was untrue. Mr. Grossman said "the bonds are here and nil the collateral, and when the lonn we made Is paid we will turn them over." District Attorney Whitman said this evening: "There is no evidence in the possession posses-sion of this office which reflects in any way on the flnanciel responsibility or management of the Carnegie Trust company, or upon any of its officers, or the board of directors." Jos. B. Rc-lchmann, president of the company, said? "There has not been a defalcation of a single dollar in this Institution. All we know about the matter Is that there Is a dispute between the broker who borrowed money from us as to how many bonds the client delivered to the broker originally." Mr. Relchmann appends to his statement state-ment a declaration of a state bank examiner saying that the bonds In question were counted today and found Intact in the vaults of the company. |