Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-06-24
BARDSLEY'S TRIAL.
ntinuation OF the Investigation Yester-
y

6lBdtlOn lnUO JQe dHdlTS VI JHe ldbe OlIy
Treasurer were resumed this afternoon.
Lawrence Brown, another expert ac
countant, was called. Before Mr..
Brown finished his testimony he was
| badly riddled by the cross-examination
to which he was subjected by Mr.. Alex
ander, counsel for Bardsley. Mr.. Brown
testified that about 81, 100000 remained
to be accounted for.
Mr.. Alexander then asked: CATER
all this investigation and assistance, |
want you to say, has cent gone into
Mr.. Bardsley's pockct?"
'The investigation has not gone far
enough to show that" answered the
witness.
81 can't say it has and can't say it
has not"
"Under oath can you tell the court
that cent went into Mr.. Bardsley's
private pocket?" persisted Mr.. Alexan-
der.
Yes, in a way we have traced the
money to his personal accounts in
/ banks"
Mr.. Browns examination was con-
tinued at length, and he was forced to
acknowledge that there was an actual
profit TO the city of about $4,000 be-
tween the money Bardsley received at
| interest and the money he lost in stocks,
as this money had been turned over TO
the city.
Mr.. Brown further said that with the
exception OF the school fund, part Of
which was returned 10 the State by
| Bardsley, that the city'S funds were in
| tact. Mr. Alexander then said his client
desired to make statement to the
| Court. Mr.. BardSley rose to make his
promised statement. The statement
consumed an hour and a quarter in
reading. As BardSley read his voice
was clear, distinct and audible in every
part of the court room. Twice he falt-
cred and was compelled TO cease reading
when he spoke of his family, but other
wise he read firmly to the end.
A summary of Bardsley's itemized
statement shows net balance due the
City, OF S191, Col 90; and net balance
due the State, OF $1,194, ,631.32, this
balance is accounted for as follows:
Clearing house due bills, from Key
stone Bank, 1925, 900; receipt OF Presi-
dent of keystone Bank for one hun
dred bonds of Baltimore Trac-
tion Company, $1,000 each,
Sl00,00 notes taken from
Granville B. Haines, for cash given him
TO assist the Keystone Bank S25, 900;
75O shares Of stock in Farmers and Me-
chanics Bank, SsOS. 43: cash in hands OF
assignee, So, 600; total 81, 155 S0S.4 43; bal
ance due city and State, $38, S2239.
The statement, continuing, says:
F,.~ oil +ha n
trusted to my care except the balance OF
S3S,322 50. This amount is many times
overcome by the property and claims
have made over to my assignee, all OF
which is subject to the disposition Of
the city and state.
Regarding his transactions with the
KGgstore Bank, Blr'sley said: "On
taking my seat the first Monday in
January, 1889, there was $1,1O0,000 on
deposit, 500, 600 in excess of the law.
On the day l took my seat l reduced
the balance in this bank TO less than the
legal limit of S40O, O00 and thereafter
during the time l was City Treasurer, |
kept balance within the legal limits,
except for three or four days.
About November %, fearful there
might be further trouble | deposited
500, 900 worth of bonds of the Balti-
more Traction Company. These bonds
or their equivalent were to be returned
i'm few days, but never were. The
President applied TO me in the spring of
1890, to make other deposits | COM
piled and during the year 1890, dep0S-
tied with the bank $945, 900.
OF this S945, 900, Bardsley says only
$50, 600, was returned TO him.
Continuing, Mr.. BardSley says: 81
have not been able since to collect any
part OF the 1925, 600. The entire amount
is still in the bank, or it should be there.
I have been asked why do not know
what the keystone bank did with the
1928. 900 deposited with them. l reply
never knew OF case OF depositor ask
Jag officers of bank supposed to be
solvent what they proposed doing with
his deposit. Especially during Decem-
Der Bank Examiner Drew made many
public declarations that every
National bank in Philadelphia was SOL
vent, and the people need fear no dan
ger. During the fall Of 1890, he as
sured me time and time again that the
keystone was all right, and in as good
GOIuIllOu dS OblCi NGUiOllhl bhhho al
Philadelphia. When the true condition
OF the bank was ascertained, was
astonished that Mr. Drew did not know
of the insolvency of the bank, and so
expressed myself to eXPresident Marsh,
who said he believed that Mr..
Drew did know all about it, but from
the fact that be, Mr.. Drew, was under
obligations to Mr.. Lucas and himself for
money borrowed, he, the President,
thought Mr.. Drew wanted to assist the
bank all he could.
PRESIDENT Marsh stated that valuable
presents or sums Of money had been
given TO Mr.. Drew himself for Mrs.
Lucas. Mr.. Drew should have known
the true condition of the bank, and had
he communicated the fact to
me, l would never have permit
ted the city and State and my
own funds TO remain there. Mr..
Marsh told me Mr.. Drew once called to
examine the bank a week before he was
expected, but note from President
Lucas caused him to postpone it. A
young man named Prenholm, Drew's
assistant, always posted Mr.. Marsh
when Mr.. Drew was going to examine
the bank. There never was any ar
rangement OF any kind between Presi-
dent Marsh and myself. | was depos
itor and nothing more, nor do 7 know
OF the whereabouts Of Mr.. Marsh.
1t is false l had arranged with Marsh.
never had any business or social
relations with Mr.. Marsh; never knew
whether he speculated or not. During
the time | was in Office Of City Treas
urer, never had any transactions with
Postmaster General Wannamaker.
During the past two or three years
have never been In company with