Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1893-07-21
THE INDICTMENTS.

ton, +. L. Day, +. w. Noyes, james G..
Jenkins, E. S. Elliott and G. l.. Clason.
The first indictment, after going
through the customary preliminariee
relating to the organization of the
bank, its officers, ETC., charges that the
directors on May 1883, having
charge, management and control of
! the business aforesaid and the AFFAIRS
and concerns of the Plankinton bank,
: then and there, unlawfully, feloniouSly
and fraudulently did accept in, into,
for ON account and in the name Of the
Plankinton bank aforesaid, on deposit,
and for safe keeping of and from
Peter j. Gray and Paul J. Gray, three
hundred thirty-six dollars and twenty
| two cents and the said Viii
liam Plankinton, Fred T. Day, f. W.
! NOyeS, James G.. jenkins, Eugene S.
Elliott and c. L. Clason, and each and
every one of them, as such directors
as aforesaid and otherwise, then and
! there well knew and then and there
had good reason to know that the
Plankinton bank aforesaid then and
! there was unsafe and insolvent in
| fact, against the form of the statute
in such cases made and provided and
against the peace and dignity of the
state of Wisconsin,
! The Indictment goes ON to say that
while the directors had the care and
! custody of the $336.22 they then ana
there unlawfully and feloniously did
embeZzle and fraudulently convert to
their own use and to the use of the
i PJlankintOn bank the money deposit
ed by Peter J. Gray and Paul J. Gray.
! The other directors against the di-
rectors and worded substantially the
same and charge them with havin.
received $204.45 from Reichardt &
Dewitt ON May Is and $266 from E.
r. Pantke & Co. on May 16.
The indictments against the officers
of the bank-F. T. Day, president;
! William Plankinton, vice-president,
and w. H. Momsen, cashier-make
practically the same allegations regard
ing the insolvency of the bank.
The indictments charge the officers
with having received $34.15 from De
Witt G. Adams ON May Is, $97.79 from.
L
from D. A. Sherman on May 81 and it
is further alleged, the same us in the
other indictments, that the officers en-
beZZled and converted to their use and
to the use of the bank the amounts
specified.
1t is understood that several indict,
mNnts were issued against Frank A.
T oil ri no 1lt 70 i,1in Of
money under false Dretences These
indictments will not be given out, of
course, until the arrest is made.
1t was reported that an Indictment
had been found against Richard Heath
erington, happens confidential man,
but this report could not We verified
and it is not believed to be true. 1t
was also reported that an Indictment
had been found against Owen A. Lap
pen, but this was unfounded.
! PLANTATION TALKS.
William Plankinton, who is the as
signee of the defunct bank, was seen
at the bank this morning. He has lit
tie to say, although he was in his usu-
al good spirits and was busy with mat
tiers relating to the affairs of the bank.
When asked his views as to his prob
able Indictment, he said:
II have heard nothing except what is
published. If the work of the grand
/ have not been notiefid of any indict-
ment and have nothing to say regard
ing the case. There would be no use
for me to say anything at this time
Many of the friends of Mr.. Plankin-
ton, as well as men who looked upon
the marter purely from a business
standpoint, expressed surprise and
sympathy because Mr.. Plankinton
alone, apparently, ha dbeen selected
for a sacrifice, although the other dl
rectors were deemed just as response
BILE as he was.
The trend Of public feeling was that
if the work and careful investigation
of the grand jury awrranted the in
dictment Of any one it certainly war
ranted the indictemnt of anyone it
certainly warranted indictments
against all the directors. Since these
views were expressed it has been dis
covered that the indictments include
the other directors.
One of the directors said that he felt
sure that the state could not make out
a case against the board, and that for
them the worst part of the mater
would be the disgrace of having been
indicted for a criminal offense.
It has been the expectation all along
that in case the grand jury found a
number of true bills, the sheriff's force
would arrest those persons who wert,
in the city, and that the police depart
ment would be asked to get those per
sonswho had found it convenient to
leave the city.
The sheriffs force has no official
relations with other sheriffs, while the
Milwaukee police department is al
ways in close communication with all
the departments in other large cities
and its detectives have had expert
nece in tracing fugitives.
1t was officially stated that UP to
noon the police department had not
received any papers to be served on
Day or Lappen. 1t was expected,
though, that the capiases would be re
ceived before the day was ended.
Fred T. Day is supposed to be in a
sanitarium in Chattanooga, Tenn. II
such be the case, the Indianapolis Of
ficers will be asked to watch him until
a Milwaukee officer can reach there
with requisition papers. Even If Day
mi,