The Archive · 1933

Warrant Issued for Cashier

$208,000 Missing from Safe of Hongkong Bank Mr, Peer Young, well-known in Hongkong. and Cotton a3 an ame tur Chinese jockey. in the novice cise, ho Gehier fu the ting' Provincial Bank, is. reported {o"fave been missing' since. August 15. "AS the result of investigations, Lo' was found by the bane author:

"that the aum of $208,391.75 fas missing from the Sate' and, acting on the advice of the poles theres, further investigations {were pus Ts'the "Honglong Telegraph" was spud with he m, tat tically informed, warrant Was tasued for Mer Young's ast. significance was placed in the absence for the first few days fas Mr, Young hag been given leave to go to Canton on urgent but, on his not having returned nor warned the bank of deed, the bank officials on Tuesday, "August 22, decided to force open the safe and thus discovered the loss, Mr. Young, who resided 5 Fung Fai Terrace, Village Road, Happy Valley, has been cashier of the Hongkong branch of the bank in Chater Road, for a period of three years, having been appointed by the office in Canton. 'The Canton Government has issued a warrant for. Mr. Young's arrest, and a reward of $10,000 for his' apprehension has.

"en announced, All Available Cash Gone When interviewed, Mr, S. In Sato, manager of the -Kwangtung Provincial Bank, told a "Hongkong China" Mail" representative " that My. Young had last been seen the' afternoon of August 15, when he. had given a bunch of Keys to Jone of his assistant saying that might not be in ax early usual on the following day.

Mr. Young, however, kept the keys of the safes in. the vaults, and, acting under police advice Mr' Sato forced them open thal 'Tuesday only to find that' all the cash "available had' been taken.

Mr. Sato, said that $208,891.78 had been taken, but it was ' usual for three Inkhs sto be in the bank.

Mr. Young left word with his family that he had gone to Canton agent business. and would, be away for two or three days. After hho had failed to put in an appear-yee at the Bank on August 17 Mr. Sato wired to the head office in Canton to attempt to find him.

hongkong. to found, and He. arrived it was than that placed in the hands Young, whom he said had been Mr. Solo spoke highly of Mr. cashier in the Bank for the past a for the previous branches up the const.

Young is a son of Inv, Young m, & former Commissioner jor wnee in the Canton Govornand -& prominent Chinese

Text read from the printed page and cleaned; old type leaves the occasional error.

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