Clipped From The New York Times
case however. As soon as Beavers had made his confession, which was after closing hours yesterday. Mr. Rose called a meeting of the Directors, and they met in the bunk lest night. Mr. Heeler, who is general manager of the Central Railroad vt New Jersey, coming from Jersey City on the observation engine used by officials of the road for inspection trips. The situation waa discussed, the conclusion reached not to open the bank to-day, and taen word was sent to Washington. Meantime Beavers is understood to have gone to his home In 'Glen Gardner, and from there departed for New York. He was not seen in his home town to-day. His friends In Glen Gardner, and they are many, Insist that the cashier has not run away, and that he will return. He is about 4 years old and has a wife and one son, Joseph, 15 years old. Beavers had been with the bank since It was opened. He was not regarded as an extravagant man and was considered shrewd above the average In business dealings. He owned a half Interest in a furm In Glen Gardner and his home, a small house on a lot of ordinary sixe, was given to Mrs. Beavers by her father.