, 1874-01-29
Total '.''s'.+.. .e'ooto,
All which iB claimed to havo bcon paid in full

Total At....................-.... .6l00, ooo
All which lB claimed to have beon paid in full.
uR1oGB' FINANCIAL OPERATIONS.
Briggs was person OF littlc or no means ut
tho limo Of hiH subscribing for the S5, 600 OF
stock, but he paid for it by his own note dis
countcd by said banlt, nnd dnring h,s coianecnoh
to fictitious accounts, aud also made advances to
himself, giving his personal notes III exchange,
thus committing breach of trust. Sept. ~,
1879, Briggs drew $4,000 for some purpose @ y, m
bunk. Ths sum was not charged to any porgon,
but represented to bo III the hauds OF tllo Teller
boing credited out Of tue "fel1er's CASH." and
by Briggs election charged to tho Ninth National
to tho "Ninth" mud charged 10 Cashier" both
which eutries, it sallegod. were falae, and
Briggs is responsible therefor. Moreover,
Sept: Il, 1871, Briggs pocketed Sl5, ooe2'
pht'1 Sa Il No vas 0sa esasged i to sundy
Doc. IS, 1879, "Sundry banks wero crodlted
with $4,000, aud on tie 18th of Decembor tho
hccount was balanced by M ontry of credit.
$40, 900, sll which was fictitious. and this item
was dropped without any actual payment, aud
Briggs III chargeablo with tho Same.
srlLL MORE.
Not content with these two Ln1lg Briggs, on
Jan. "a, 1879, made further grab Of $4,000,
aud charged it to the most suggeHtivo acconnt
Of "Ocean." The Ocean Bank OK New York
llad Htnnl claim ngninst the Franklin, out it
is chargvl that 1t did not recolyo rn auy portion
lad an account Ut debit to bonds Of $1l 900.
This continued until Sept. 10, 1879, when
"bondB" WIS credited with "cnah, Sll 900, "
but it does rot appear that any cash was received Y
credit WINS composed Of 8. \. Briggs, $lo, 600,
and 81, 900 stock OF George S. Eddy, which was
charged aa
The bank closed Sept. 90, 1873, and on the
tha Gr6hihr'a nntOllflt Ia credited OIL the
books with !: lUOO called "Q. S. Eddy" aud is
also charged to tho Cashier as ~. 4: Briggs,
Trustee" Complainant asBerts that tue tlAns~
ectou, 10 far aa regards Eddy at least is wholly
fictitious aud fraudulent : that the entries were
mule without Eddy's knowledge, lie being at tho
time absent. .
nn1oas ACCOUNT.
Briggs Individual account Deo. 81, 1872, WAS
S70s5S. ue then drew this check OH tho bank
for so, ,000 aud deposited ii with tho Teller to
his credit. It WIS carried as a cash item until
May 7, l873 whom it was first charged to Briggs
drew checl m Tor $4,000 and aepositea Il to bis
credit, and it WIS kept al such until Sept. ~,
1873.
In July, 1873, Briggs account ran short and
was oyetdrawn to the amount of 81, ,460.37 To
straiehton this, tho artful dodgor made cor~
titicate Of deposit for $4,000 which was noyor
charged up OH tho books. lie also executed his
noto for the saine amount and had IT discounted
at the National Bank of commorco, dopositina
craIis "nsi'sa ~ aeaaL 6oooa lie Certificate was
paid by the bank Sept. 10, 1s7s but the
noto Of Briggs never ,as.o %as: Ihe eefttleass
count" on tho Tellor's cash. Bnt Briggs
still wanted moro. Sept. 10. 1878, lib account
vas ovordra"n s1o1ao besides tho s12eoo
rcrtifiento Of deposit; lie, therefore, pro-
cee.ed in This peculiar way to balance
accounts by making a noto fo5 $4,000,
and discounted it in the bank and Ind the
t25000 placed to his credits. Briggs vas King,
and ho Immediately went to work to take up
Bomo discounted notes held by the bank to tho
amount Of $4,000. This 525 600 notc is missing.
1ho Assignee has net had it, but on the books
that it waH paid much in tho Bamo why W the
lu1allor notes Just mentioned were balanced.
AND YET MonE.
And yet he was % not aappy; ,J Jnst to Keep his
two notes to tho bank for $5,000 eacG, When
tho hank closed sheao notoH were both overdue
and unpaa, but were ruled out In tho accoulltt
Of bills payable, aud do not thereafter appear Oh
ilauduleutly ca,lceled by Briggs
14oMnARn.
The scene changes, Aid tho curtain B r1lng up
to SHOW Lo.Abar4 In " si.yilar part. Feb. Is
1879, benjamin executed two notep for &25, our
cact eccro1 by trust-tlood OH certain real estate
it, Chicago, which notes were afterwards tranH
forrcd to tllo bank. Harvey has oAo Of these
notes, and it il aaid that Briggs cabbagcd tIlt
other from tho vaults Of tho baus. and conyort
cd it to lis own lso, and subsequently gave itte
ono john Merriman to sell. An Endorsement il
made OIL tho noto OF q payment O
sl0,000. but this, it lB alleged. iH false
Joll,. D. Cation has bought tho propert
aud assumed tho mortgage, and Ill Injunction
IL asked to prevent him from paying tho note o.
mortgage except to tue Assignee.
nn1nda Buy1No STOCK.
Complainant clargeH that Briggs took ?30, 90
from the bank while tH officer and bought 96
Bal CT Of the capital stock Of tho bank, giYn
no security for tho sum tation. When tho banl
bscun,e isDiYont lle turned the Hharea over, al
lcsiMg that l!o lAl bought them for tho corpora
t1l Tho bank clain1s that lo Lad 10 right t
buy tho stock for 1t, and IL therefore PERSONAL
liable thereon. The Assignee states Tint he ca
not ascertain definitely how much briggs ha
takeu, but thinks it must ho 100000.
BIllauH' HEAL EsrATE.
Since Briggs becano connected with til
Franklin l,auk, or its predecessor ho has &C
quife title to the following property: Lots 4
and II, NASH, 1ta,lAn l. Gray's Subdivision 0
!he =. n aores Of tho s. W. n Of tho s. W. X o
Sec. Ii, 38, IA; Lot 8, except tho Il. Is foc
slorcof, and all OF Lot 4, Block !, 4. Marks c
Il. Subdivision Of N. no 71-100 foot Of the
III f2zz22 Eank af tAe W. Il Of Lpt ~ aud the