Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1893-11-23
What 1t Means.

The grand jury at Corvallis failed
to indict the Messrs. Job for their
appropriation of the county funds
of Benton county to their own indi-
vidual use. This was no surprise
10 anyone, but in fact had heer an-
ticipated by many, 1t was we'll
known that 1t would be very diff
cult to secure grand jury that
none of its members would be
bound to them by political or finan-
cial obligations. For all that, how
ever, we are informed that the jury
would probably have indicted had
it not been for the construction
placed upon the law.
The grand jury i'll failing to in
. dict have simply said to the people
D of Benton county that any one or
= more of them operating under the
guise Of bank may accept and con-.
vert to their own use any county,
q state or municipal funds which may
come into their hands, and after all
the wildcat schemes which they may
{ choose to engage in have failed, go
8 scot tree. 1t has further said that
1 when the Jobs took that draft from
. the state treasurer which represent
3 ed the college funds and paid a
o private debt with it that they COM
% mitted no crime, only were little
u careless in business transactions,
q and the statute which absolutely
!, and distinctly says that they must
not do il was only so many cum
10 bersome words on our law books
p and meant nothing at all. That
Is grand jury has said that when the
Jobs accepted 81, 100 of the elder
~ Mr.. Kline's money on the afternoon
~ of the day they were last open for
IA business they did not know they
% were going to fail, but accepted the
Y Y money in good faith With tie in
70 tention of paying it back upon de-
AZ mand, and that they were only
careless. 1t has also said thai
/" when they accepted deposits after
=" banking hours on the last day the
- bank was open that there was moth
40 ing in it, only carelessness. It says
% that when the Jobs permitted thu
Is Niagara mill company in which
/" they themselves were the heavies
3 stockholders, TO overdraw OH thu
% depositors money in the bank 10
81 S43, 900 and over, that they wer
b again careless, but remained strict
Il ly honest. That grand jury ha
9 said that their people have abso
lutely no recourse If under til
guise of bank the public an
private funds are taken and reckless
81 " squandered by the so-called bank
30 ers, and that no matter if they d
% keep their bank open after bankin
80 hours on the last day of their opei
81 ations and receive money on depos
is which they well knew would nevc
d be repaid that it is only careless
ness, and not criminality.
There is just one more chanc
for the Jobs to be brought to accoui
,o for their absorption of private an
pnblic funds. There will be
grand jury drawniu Lincoln count
~ next week. The same conversic
81 Of public funds wer, made in Lii
=, coin county by their branch bar
=, as was made in Benton county /
" the parent head Of the gigant
u swindle. We will see if the lii
= coin county grand Jury will indi
u for the thing which the statute cal
ia a crime, or whetheI it will whit
wash also. We Will see If thu
- call Il carelessness when DIR. DAY
n as cashier Of their ranch bank to-
2 $500 Of Luke OBI .n's money
% a draft drawn OH a San Francis
3, bank when there was 10 mon
!. there to meet it, and the bankC
" well knew there vas none VIII