New-York tribune., 1885-03-14
SOME MARINE BANK LOANS.
ruv s.ur SECURITIES PLEDGED TWICE.
ourrR TRANSACTIONS POINTED OUT BY Ass'siANi
CASHIER DABoLL.

.ry rp.Ss.crIoNs POINTED OUT BY ASSISTANT
CASHIER DABoI-
As.w ;rnocent-looking directors and manv sau
dened deposiors of the Marine Bank weEs E'sh The
The snectators at the trial of james u flsh' % se
president of the bank, VIII ch was c22nita states
ferday before Judge Renediet IN oho ho has shown
S'ie'a,s or nues,,o1s that he is both actiye anu
rervcus. complained of the heat from an nis0
register, which was hnaiiV m Seo oevlant General
Taster alfeInated in examining the Witnesses viz
we're cross amIued bv tephen IT, Clarke D = & sn
ley. Clarke smith, Heety f a e. hank statement Of
the ACCOUNTS of Grant Il Ward win tho DaiiH s as
the first witness The satement was .are was a
accurate It showed that on Way . tneItb e.,
hoIanee of 81 1855 220 So to the credit on ,io t m
bnI that on the two business days ., Yearly
large amount was drawn h eaypg on ' TIER accounts
st the time of the failure; and they ai'o ""'N
Nssfban d. Dabol the assistant cashier ol
tba bank who has been the oSs Gov
ernment's princIpal witness. was on lno m,v~v Ms
stand almost all day. Much OF ms tesbpUrild hl ucid eX
comnlIcatei but il was accompanied py uciu "a =
nJanations The witness showed himself DrlgI Az ~
clear-headed and thoroughly familiar WIN % uarh ,ba
ing. He said n answer Ss 70 han President Fish
directed him to take to Mr.. Ward $lO0Ooo OF I mi
cago and Atlantic notes indorsed Oy the .hares
md Lake Erie Railway Company and l2o siires hs5
of iinion Dry dock Company stock, which mao IA
been deposited with the bank as socuriiy i @ secnrI
payment Of loans 10 Orant &c %S,,o,r;rg note:
Mr. Fish. ,.., ., sioo 600 on $50
shares Of Union Dry Dock stock ana SioVo %
viii hiring down lot OF bonds III their place to,Iay
Yours, T. "Ai'''
Every little helps. -.
Mr. Root then asked about loans made TO DranS ~
g. Ward on April 2. among which was one neo,'r. -.
do o0O on a note of w. g. Smith, haN ing as secui.
3tv $50 600 in ADnandae Water company h3o
,n1rtrace bonds Mr.. Daholl said that the p.Ilus
showed on the face that that was the whole issae.
On March 5 loan OF @te'ooo maI Snencsr for
when it was recorded that $3O,O0o oi Anhanaae NE
Water Company bonds were security t"o"s" Il"
security was ever deposited u4,o4 ior
Then | undersand, salu Mr houeii 20 secnr.
lty vas deposited. but the whole Issue 9I %o9nus %
which were mentioned security TOT tAaI p"n
were on April or 3 deposited III the same pahA 10
securlty for another loan of S3O,OUof
- That is So" s1n the witness. ~,
TIE same pccular 81 ate of affairs was shown WIN
Wyandotte wat T bonds. On April 8 the whoio 70
sns-SI 90 O0J-Of these bonds was uePoS'to'ss
a, security for the payment OF loans " "
Sis00,o on notes OF waiter haiiPE i9 Gto ono ,v,s
d. Green while on March - loan OF 94V,Vuo ,s WIS
made on a note of L. :. Grant, il. for WhIcu tnCse
bonds were recorded security thongn no secuil'es
were ever deposited. A., ,norlo
The witness. on cross-eXaminatloh NY MT Oi"i NJ
said ne had been for eighteen years conuecied VII
*ha hank having began rs a correspondence clti "A
anil gratlulllv risen 10 be assistant ciSlioI. J"i
D Fish the son of the president was the ca ,u'ci.
The witness read from the hook of minutes kept Nv
The a 6irectors TO show that some oil tie loans u
Grant n Ward had leen apnrOved by tie directors.
All that the directors had be item ere the 10
tickets on which were rec0rnsd the h'tncs I!o
amounts and the securities. lbe rOnh'ei alSo uI,
rerte his questions toward sno"lhg VhaV 10" ''O
confidence in Ward ....
The trial will proceed on Monday, wnen tne CROSS
examination of Mr. Dabol will be continued.