DISAPPEARANCE OF A BANK MANAGER.

Wairarapa Daily Times, Volume VIII, Issue 2263, 6 April 1886, Page 3

DISAPPEARANCE OF A BANK MANAGER.

A iicnaation. was creuted in commercial circles in Sydney and Melbourne on Saturday, March 20, by a rumor that the manager of the Baiu of Now Zealand in Sydney (Mr E, B. Bolt,) hud absconded, Tho roprtrt spread and caused excitement, all manner'of speculations as to tho causa boiiig indulged 'iii. It appears that about ton days previous, on account of certain ine»|ariticß, Mr Holt was suspended by anwemi manager, Mr Murray, who Auckland per the Alameda on the' Friday.' Mr Holt did not attend it tho bank, and inquiries being made at his private house-; his wife, on being closely questioned, sal her husband had left Sydney. Mr Murray states that although a thorough investigation is being m»do, there are at present no grounds for lupposing that the position of the Bank is at all affected by Mr Holt's transactions, and there is no occasion for alarm for the Bank itself. It is believed that Mr Holt went b'verland to Melbourne to catch tlio Austral. Ho has occupied the position of manager of tho Sydnoy branch for rnoro than ton years. During that period he has been tho recipient of an excellent salary, which'with most men would have tempted them to seek retirement within their own social circle, and heed not the solicitations of those imbued with tho spirit of grasping avariciously after tho phantom of wealth, Not with Mr Holt,- who is said, to have- : fojfid' himself irretrievably involved in the nvWeV'nf ill-starred speculators. ; He was » wrewd far-seeing, ; aiul thorough-going' finaihJß, and wlion eiitoting. upon the. treacm|ouß sea of speculation his ventures-, wore marked by oxtremeV!cautiori;UNThe' : sequel was, however, a?sad;"catalogueiof\ financial disasters. -; ; -Hewis by his'first success to inakgrnOTo'.'vigor.-;' c-ua plunges. .Ono'Vp'ecui:itivp"sch'.eine : : oftor another was triod,,;b\ihill:;witli Jhei »«mo result, Lattcrly/lief has^dcen''-a.-great fancy for horse-racing,, and: niisfor.-. tune again dogjed his stops';.- Hw 'position, in tho financial world, was/s'o' good''.i(iki. .'his'-.-•onnection so influential: »t once disarmed; C;; TJio iiiiU ■; Tarsal accredited •;r'umor-. that'jlie -.hasabsconded is met by circunistanees..which: tond rather ■ to. deiiy; :-'Bucii ;ih/allega-; bion. It was nigh 'cortairij-tliiit '■£&[ was all• the money ho.hud ,'iir. .bis/pusses-' tion when he left tho,bank'mr The circumstances connected:wth ; liis last- : known actions would::%om Jo Vindicate,: an unsettled \mind.??;ihciv;;Co ; np;.the; : question: If ho has not has become of him ?' Tliejummndiiigs.oP his departure are' enyelopiklYuv aVcioud:bf>' impenetrable mystery;;. VTlieV 'lrgus! : of; the 23rd insfc. says were hopjpg that his. absenco;}Was. either-; W nM^° rtlue '° ao» (RVoubt of his disappearance;; Wheii'-' in Melbourne recently. : hoj. : w.as r inder -Dr/:-' Fitigerald, who stated,that; : ho:waVsuffefe;: ing from brain diseasp.:^j)uhelliriStar;;■■''■