St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-09-21
ROBBED HIS BEST FRIENDS.
Trial of Gen. Faulkner, the Dams
vile Bank Wrecker.

BUFFALO, n. Y, Sept. 20.-In the
trial of Lester B. Faulkner in the
United States district court this morn
ing, the first witness was s. y. Gleason.
cashier of the Manufacturers National
Bank of Troy, who detailed transac-
tions with Faulkner and the Dansyille
bank. He said in substance:
Our first transaction with the defendant.
Lester B. Faulkner, was on the 18th day or
june 1884. He discounted note of $15,-
by Lester B. Faulkner. James Faulkner and
others. On Sept 6, of the same year. this
note was renewed. Our third transaction
was on March 4, 1887. At that time were
$1,000 given to the Dansville bank, and in
dorsed by Lester b. Faulkner. That money
was paid by draft on the Park National Bank
of New York, the amount OF the check was
$4,922. Our next transaction was on June
4, 1887, when we received a renewal OF the
$5, 900 note by letter from James Faulkner,
with $50 discount inclosed. We renewed
the note. On this day the Danville bank
closed its doors. They owed us on paper
50, 1SO was member of the Democratic
state committee at the time Lester b. FauiA-
ner was chairman.
James L. Woodward, president OF the
Hanover National bank of New YORK.
was next called. He said:
II first saw Lester B. Faulkner in Novem
ber 1886. He came to our bank and wanted
to borrow some money on paper given to ms
bank by merchants Of Dansville, and, after
examination Of the notes, we advanced some n
$4,000 to him upon his Endorsement OF the
notes. / advised Lester B. Faulkner by let
ter on one occasion that we held paper
against their bank Of S63,O00 and that, as
their capital stock was only S5o,OoO, the
United States bank examiner might make
ri
pened around and was very anxious to have
our discounts reduced. / supposed. OF
course, that the amount OF their indebted
ness to US appeared upon the books OF the
Dansville bank, but afterwards ascertained
that such was not the case"
G. l.. Bingham, who was receiver OF
the Dansville bank after the failure.
was sworn. His evidence was expected
to establish some important points. He
took possession of the wrecked institu-
tiOn about the 18th or 18th of Septem-
ber, 1887. He found in the safe $3.50. l9
in cash. The other assets were cash
items, prommissOry notes, bonds, and
furniture, amounting to $l1.5OO. The
liabilities were: Due depOsitors. $751;
227.70; certificates of deposit, with proof
of claim filed with the receiver, S24, ,5S6 ;
due to other banks, Sl2,SS8.73; an in
debtedness to Roswell P. Flower q Co. OF
about 100000; to the Hanover bank OF
rediscounted notes, $4,000; Park Ma
tional bank, $1,000; Eleventh Ward
bank, $1,000; Merchants Exchange of
New York, s., 200; Manufacture Bank
of Troy, 5000; Dundee bank, $4,000;
Commercial Bank of Rochester, $4,000:
Union Bank of Rochester, S3,066.35.
The liabilities altogether were S445,-
712.56. The witness explained that his
knowledge of the banks affairs ex-
tended back no further than March,
1887. The books for twenty years pre-
vious to that date were not to be found
The prosecution will endeavOr to prove
that these books were burned by the
Faulkners to conceal crookedness. AT
this point an adjournment was taken.