The times. (Owosso, Mich.) 1882-1897, 1894-04-20
THE STOLEN BONDS.
NEWELL B. PARSONS ON TRIAL
AT SAGINAW.

Receiving Bonds at Grand Rapids-Ths
Prosecution Rested Its Side and the De-
Tense Begins.
SAGINAW, April 17.--Newell b. Par
sons was arraigned Monday on the
charge of stealing S463,OOO worth OF
Cincinnati, Saginaw and Mackinaw
railroad bonds, The courtroom was
crowded with the throng of spectators
among whom were Parsons two broth.
ers, and number of prominent people,
showing the marked interest being
taken in the case.
Prosecuting Attorney Snow called
the case for the larceny of bonds
promptly at o'clock. e. p. Stone was
first put on the stand, testifying in sub
stance that the bonds were kept in the
vault in tin box and that he supposed
he had the only key which would open
it. The last time he had seen them was
either the latter part of December,
1898, or January, 1894. He first dis
covered them to be missing April O..
He found the box locked as usual and
it contained about the same weight,
but on opening it he found only two old
ledgers.
Fred w. Knight was next called to
the stand. He had known Parsons all
his life. Had been here in February
when Parsons said to him: 'If / send
you a package before long will you
put it in safe placer" He said he
would. Nothing was said about the
contents. Wednesday afternoon, April
4, he did not work. He went in the
store and was told that there was
no r. lxa Oa for him
Inside the box were two packages.
each bound withs yellow strap. He
went to the Michigan Trust company's
Office and placed them in safety vault
He started for Saginaw the same after
noon and was met at the train by Par
sons and asked if he received his pack
age.
1t was next spoken OF Saturday in
private conversation. Parsons said
there was S469,000 in that package
Knight was driving with friend Satur-
day and met Parsons in front of the
city hall. They shook hands and Par
sons said:
Don't say word, boys, but just
hang on to the end of the rope. If any
body asks you anything about me just
tell them | have made $4,000 since
yesterday noon."
AT this point Parsons shifted about
uneasily in his chair and the prosecu-
tion rested.
SAGINAW, April 1S.-Promptly at 2
O'clock Tuesday afternoon the trial of
Newell b. Parsons was resumed Fred
Knight was placed upon the stand and
his cross examination commenced. Said
that he had formerly resided in Sagi-
nav and worked for ID. Hardin q
Company. Was now with Houseman,
Donnelly & Jones of Grand Rapids.
He came here in February of his own
accord to see Parsons, and requested
that in case of his death he would look
after his insurance and see that his
mother received her rights. He came
on Saturday and returned Monday,
staying at Parsons house. This, visit
was about Feb. 20. He knew, because
he could tell on what date his hand
writing ended on the cash book. Miss
Marie Fallon was his assistant. Par
sons said something about sending
package-did not know the contents
when he received it. but did not sup
pose it to be package Of shirts.
When Parsons made the remark TO
him and friend Saturday-''Neyer
mind, boys, hang on to the end of the
rope. If anybody asks you anything
about me just tell them made $4,000
since yesterday noon"-he supposed
Parsons meant he intended TO brine.
suit against the company for having
detained him in police custody over
night on Friday.
w. ID. Knowlton, manager of the A.
w. Wright Lumber company, knew
that the bonds were kept in tin box in
the vault of Wells, Stone q Company
Their number ran from 1908 to 1902 all
1921 to 1880 inclusive. He had menu
orandum of the number Of each bond.s
q. Nj. Stark. one of the attorneys for
Wells, Stone q Company testified that
he went to Grand Rapids to look after
the stolen bonds. Mr.. Donnelly handed
him sealed envelope containing two
keys to the safety deposit vault. He,
in company with Mr.. Donnelly. Mr..
Doughty, Mr.. Knight. Attorney Moore
and President A. w. Wright, went to
the Michigan Trust company's office,
where the box was unlocked and the
contents examined. 1t proved to con-
tain 463 Chicago, Saginaw and Macki-
nav bonds, to each of which were ct
tached 80 coupons.
This closed the testimony for the
state, and the case was adjourned until
Saturday at 2 o'clock.