A History of Banks for Savings in Great Britain and IrelandLewins, William
History
A History of Banks for Savings in Great Britain and Ireland
Lewins, William
Postal savings banks -- Great Britain; Savings banks -- Great Britain
far as to get more than one sub-committee appointed, nothing came of
it: the committee were too prejudiced in favour of their servant to go
the right way to work in investigating the matter, or they were too
easily blindfolded by him to find anything out. Mr. Lannigan, however,
persevered in his opposition, and was rewarded by Dunn's retiring,
amidst the condolences of the whole parish, which evidently thought
him a very ill-used man. Soon the tables turned; and grief of this
cheap sort gave place to bitter indignation. Immediately after the man
had resigned a depositor applied for some money, when, on comparing
his pass-book with the ledger, the account was found to be open in the
former and closed in the latter. Hereupon the _ci-devant_ parish
sexton absconded. With eyes at length wide open, the trustees called
for the books of other depositors, and without as yet making any
noise, soon found that Dunn had appropriated 6,000_l._ to his own use.
The trustees then communicated with the National Debt Commissioners,
and asked their advice in the emergency, suggesting that some one
should be sent over to inquire into the circumstances of the bank, and
to close it, if it were found necessary to do so. Mr. Foot, one of the
trustees, a Director of the Bank of Ireland, who had been one of
Dunn's strongest friends, and who was now one of the most anxious that
the position of the bank should be retrieved, took the communication
to London, and succeeded in securing the services of Mr. Tidd Pratt.
That gentleman went to Dublin, however, not to investigate the case;
but simply to make awards, stating how far and in what cases the
trustees were liable to pay the depositors. He adjudged in 208 cases,
and to the amount of 11,864_l._ Of this sum 7,500_l._ were to be paid
by the trustees out of the funds remaining in the bank, while the rest
claimed up to that time did not consist of legal claims, as the money
had been paid to Dunn out of office hours, at his private residence,
and even in the street.
Public-domain text, read in full here on John Shaqi.
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