Shanghai, Dec. 6.
Two Chinese clerks of the Shanghai JOmice of the National City Bank of New York, Liu Vu-shi and Wang Kung-mou,, were brought before the First Special District Court yesterday land charged with aiding and abetting the misappropriation of $50,000 {from their bank. Liu admitted that the "had received $600 while Wang $700, from Hu Chi-feng, their colleague and alleged chief forger_who Is said to have fled to an outport.
Despite their confessions, the judge! reserved his judgment until next week pending further investigations during which the police will try to locate the whereabouts of Hu, who is believed have fled to either Hongkong or Manila.
Tt was revealed in court, that by. virtue of his position, the absconding bank oticer had forged the slmature Jof Chang Chun-min, a rich factory owner and customer of the bank, and drawn out by instalments $50,000 from his account. Before committing] the crime, it was alleged, he consulted with the two accused.
The crime was discovered recently when a messenger was sent by Mr. Chang to draw out $10,000. The bank found out that in Mr. Chang's savings account there was not enough money {to pay the bearer and Mr. Chang was accordingly notified. Mr. Chang at once started investigations and informed the police of the forgery, and it is believed that during the investigations the forger fled.
Text read from the printed page and cleaned; old type leaves the occasional error.