"THE----INSURANCE COMPANY.--We understand that in the investigation
of the affairs of this concern, it has been discovered that Mr.
Lawrence, the president, proves to be a defaulter in the sum of
nearly a hundred thousand dollars. The public are aware that
post-notes were issued by the company to a large amount, and loaned
to individuals on good collateral security. These bore only the
signature of the president. It now appears that Mr. Lawrence used
this paper without the knowledge of the directors. He signed what he
wanted for his own use, and when these came due, signed others and
negotiated them, managing through the principal clerk in the
institution, who it seems was an accomplice, to keep the whole
matter a secret. This was continued until he had used the credit of
the concern up to a hundred thousand dollars, when it sank under the
load. Preparations were made, immediately on the discovery of this,
to have him arrested and tried for swindling, but he got wind of it
and has left the city. We presume, however, that he will be
apprehended and brought back. His own private affairs are said to be
in a most deplorable condition. It is thought that not over twenty
cents in the dollar will be realized at the final settlement."

Here we drop a veil over the history of the man who made haste to be
rich, and was not innocent. His poor wife waited vainly for him to
return, and his children asked often for their father, and wondered
why he stayed so long away. Years passed before they again met, and
then it was in sorrow and deep humiliation.