Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-18
PATTIS0N TESTIFIES
Before the Committee Investigating
Bardsley's Affairs.
THE STATES FUNDS ON DEPOSIT
Cashiers Lawrence and Kennedy Plead
Guilty Before Court.
FURTHER PROCEEDINGS IN THE CASES

PHILADELPHIA, Aug. 7.-Council's S
subcommittee to investigate the affairs of
/, ex-City Treasurer Bardsley and the Key
stone Bank, met this afternoon. Governor
Pattison was present and was sworn, and
asked to explain the item in the report to
Mayor Stuart blythe expert accountants of
the payment of STA 16 in 1889 by the
Chestnut Street Bank to Bardsley. Gov
ernor Pattison said, in answer to the
| question:
| 1 was elected president of the Chestnut
| Street Bank in 1887 and served until the Sec
| ond week in January, 1891. The city opened
| an account with the bank, when it was made
a city depository. Bardsley at that time
| was treasurer, think No interest was paid
Bardsley on the account l never met Mr..
Bardsley as President twice, and 1 never
knew him socially. At no time as President
| of the bank did have any conversation
| with Bardsley on the question of deposit, or
directly or indirectly on the payment of in
| terest. No interest was ever paid on State
money.
HANDLING STATE MONEY.
The first intimation that we had that some
of the money deposited by Bardsley was
State money, was when we were called upon
to file bond of 100000 This Mr.. Singerly
(who succeeded Mr.. Pattison as President of
the bank) subsequently did. Bardsley came
to the bank in 1889 and received certificates
of deposit. These certificates were gotten
by Bardsley from time to time, and it was
upon these that interest was paid about
5000 at one time and $500 at another.
The first intimation that had that the
bank was paying Bardsley interest was
when the cashier came to me and said that
Bardsley wanted per cent on his money
The bank could not afford to pay this and
the certificates were surrendered and the
account withdrawn. Certificates of deposit
are issued by all banks and interest paid on
them. The account upon which we gave
Bardsley the certificates was not a check ac-
count and the money merely remained in
the bank We never paid Bardsley any in
terest on the account OF the city.
The committee then resumed the examin-
alton of the Mayors expert accountants rel
ative to the money loaned by Bardsley to a
great number of persons. The list of per-
sons who appear to have received money
from Bardsley for various reasons was a
long one and included many prominent pol
iticisns. In the cases of the latter the
money in the majority of the cases was re-
paid.
CASHIER LAWRENCE PLEADS GUILTY.
Charles Lawrence, cashier of the suspend
ed Keystone National Bank, who was in
dicted with the banks fugitive president,
Gideon w. Marsh, for conspiracy in the
misapplication of the banks funds, this
afternoon pleaded guilty in the United
States Supreme court. Argument on mo-
tion for stay of sentence will be heard to-
morrow.
Francis W. Kennedy of the suspended
Spring Garden National Bank, and his
brother, Henry H. Kennedy, the cashier,
where also arraigned this afternoon on the
charge of misapplication of the funds of tha.
institution, and both entered pleas of guilty.
Application for postponement of sentence
was made by counsel for both the prisoners,
and the courts decision on that point will
be given tomorrow.