There was a large block of Electric
5s and Cumberland 4s which served his purpose admirably, and thus he
kept up with the game. When the coupons became due on the latter he
carried back the first. It kept him and Prescott busy most of the time
juggling securities--at least John knew _he_ was kept busy, and Prescott
claimed to be equally so.
There were many loans of brokers and others all secured by the same sort
of collateral. Most of these John appropriated. When it was necessary to
check off the loans, John, having retained enough of the same kind of
bonds to cover the largest loan, would bring up the same bundle time
after time with a different name upon it. If one of the customers wanted
to pay off a loan and his bonds were gone he would be given some one
else's collateral. Apparently the only thing that was necessary was to
have enough of each kind of security on hand to cover the largest loan
on the books at any given time.
Once, when the examiners were at work on the vault, John had to make up
one hundred thousand dollars in Overland 4s or 5s from the different
small loans in the loan vault and put them in a package in the deposit
vault in order to make it appear that certain depositors' bonds were all
there.
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