The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-05-12
A MATCH FOR SANDERS.
Receiver Phelps Had Evidently Got
Himself Into Trim For tho
Engagement
He Insisted on Answering in His
Own Way tho Questions
Put TO Him
The Colonel Had 60 Take the Answer
That wsy or GO without Them
Altogether.

The prosecution In the Hanks case il
practically through with its testimony. aud
the defendant himself will probably DO put
on the stand Monday afternoon. when the
United states court meets. The testimony
OF Receiver Phelps occupied nearly all yes
terdRY. II was still on cToss-e1Amihation
and Col. Sanders lad the witness In charge.
I he receiver had evidently prepared him
self for an attempt at broWbeatinR. and, In
common parlanoe. he gave the colonel
about las good ss he sent" A. one time
Col. Sanders objected TO tho siyle in which
the receiver was answering the questions
propounded. II shall answer the questions
in my own way, Col. Sanders" said the re-
oeivsr ooolly. Col. Sanders wanted them
answered his own way. but the receiver had
tho answering TO do and did IL 20 snit him
self. When Receiver Phelps was finally
relieved about half past -four IN the after
noon. Judge knowles adjourned she case
until Monday afternoon.
Before RscsiveT Phelps was recalled 10
the stand r. T.. Atkinson. cashier Of the
Cascade bank Of Great Falls. was exam
med as he wanted 10 leave town. He tes-
tlhed that Wal Hanks gave his check on
the Merchants bank for 81. 500 in pa, ment
Of. half interest in IA note which witness
and he had signed together; and another
check for 81 COO in payment of n note
which Hanks had given the Cascade bank
personally. Witness was a former partner
of Hanks. Judge Knowles also ruled that
the deed given by HaRks about tue time
the bank failed should be admitted in evil
dsnce. II bore date Of about a week before
the bank closed. and was recorded after the
-
TO l.. ii. Hershield. of the Merchants Ma
tional bank OF Helena.
heoeiver Phelps was now recalled TO
AnOther struggle with Col. Sanders lie
took NJ the book on which he had entered
the good, doubtful and worthless paper.
aud continued from where be had left of
the day before. One Of the accounts
marked doubtful was Maggie Heine $780,
Witnesl said hs didn't know tue value of
her property. and ia response 10 repeated
questions OF Col. Sanders said he didn't
even know the value Of the fenos around
u. lie had never visited tue place. Com
ing down to the account of w. II. Burgess
Co., witness gave the Indebtedness on
notes as 81, III He had made inquiries
a. 20 the assets Of the Arm. and so far 40
Burgess was concerned found they
we're nothing tangible. Ihoss OF Hanks he
found were covered by attachments OF the
bank. lie had a man go to tue mine, and
found the ore would NOT pay 20 take IL TO
the Gilt Edge 10 work By the cyanide pro-
cess. Tho debt, In the receivers opinion.
was utterly worthless. He was asked how
about Cashier Wilt
II didn't consider his being told be was
in on ~ made him in on a.. Wilt never
told me be was in on H. Hanks told Wilt
be was in on it"
In what column did you put the Burgess
olaimH asked Col Sanders.
Worthless" answered the receiver.
What is the next worthless olaimY'
The republican central committee, II, 755.
IA ia rank bad"
~"
I sent notices to the committee"
Which 10 the nextY''
Nv. d. Benson. two notes 70 g.. 900 each.
both bad"
Col. Sanders when she receiver reached
the last entry in the book, asked II there
had been any decrease In the value of the
securities pledged to the bank since he as
sumed charge. They were in statu QUO:
paraly zsd," answered the witness. col
sanders nov asked the witness as TO other
debts to the bank. there we're about S35.-
900 in overdrafts. which, with the furniture
and txtu' es and the premiums on bonds.
made no m aggregate asset of about $40
600. the receiver had also divided these
into three glasses. good. doubtisl and
wo thiess; s. 1913 good. Sll 422 doubtful.
an 81 700 worthless.
On ediseot examination witness said his
estimate as TO the character OF tho vRrioui
accounts was made up when be took charge
as receiver. lie wouldnD say there had
been any shfinkaRe since then; bus could
say they weren't worth any more. lie tried
10 be re feotlY fair IN making his vulus-
tons by giving oTeIit for everything
None OF the Hanks overdrafts. nor those OF
euhsr o. the firms with which ho was con-
nected, had eve. been pnid.