The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-05-08

was shown that the London branch was
indebted to the cabinet company In the
sum of 81, 1856. 40.
Count No. s charges the misrepresentation
of &. 1880 on Sept. q, 1892. II was shown
by the croSs-examination under this count
that Chicago exchange had been purchased
on that day for s., 794. 80, and that on the
following day there was a credit to the
company II s6o4s.s5. a pert OF which Was
shown that the draft made the basis Of
this count was for the purpose Of taking
up a draft OF May Z, which matured at
about this time. The purpose or this de-
tailed cross-examination was to show that
these drafts were drawn 10 take up other
drafts. 1t being the practice or the cabinet
money to meet it's drafts when it had not
sufficient money on hand, the London
branch paying as large per cent. of the
draft as il was able TO with the proceeds
of the London business.
1t was shown that the total deposits on
sept "a exclusive OF the LONDON draft,
customers OF the cabinet company.
Count No. 9 was then taken UP. 1t has
reference TO the transactions OF the date or
July II. 1893. On that day a draft for 3d.
1923 on the American Desk and Seating
Company OF Chicago was deposited together
witt other paper, making the total deposits
checks paid that day amounted to S,666.44.
On the day before the cabinet company had
a credit balance which, in addition to the
deposits of that day, made a credit of So
673.3S TO its account on July IA. against which
checks were drawn for 1864. OF the
en- sss. paid I'D, that day one grast for fo 3 2s fb 10
amount on the American Desk and Seating
Company, and one was for N,1s5.E. to take
out the Boxer draft. No money was drawn
from the bank on either of these. The total
amount Of money paid out of the bank to
the cabinet company's account that day
was 1921. Mr.. Winter then showed that
the Boxer draft. which has frequently come
up during the case, was not paid to the
cabinet company until four days after the
bank had suspended.
The cross-examination was next directed
to count No. IL. This count charges the
misapplication of $5.525 on Feb. is, 1893. On
that date a check for $3.50 was given by
the cabinet company 10 purchase New York
exchange to take up paper OF the .Wooten
company. 1t was then shown that the
bank held a draft of the Wooten company
for this amount which fell due on Feb. II;
1t was also shown that this draft had been
paid at the Richmond bank, to which it was
sent on Feb. q. Aside from this check TO
purchase New York exchange there were
checks drawn on Feb. Is amounting to 81
SO for the pay roll; The ,t total deposits for
new draft of g. 500 on the Wooten company,
which was credited to the cabinet company
at 81, 1861 The remainder of the deposits
were notes, drafts, etc., on various persons
and firms other than branches of the cabi-
net company.
Count IL charges the misapplication of
$3.50 on June II. 1893. The total deposits on
that day were $11, 2s6.04, of which SO. 154.52
was In two drafts to take the place of cash
llsIHS Heiu III the urdWeI VI III IecsiElus
teller, the balance Of 81, 1882 was made up
of the Boxer draft, credited at S.175.S0 and
customers paper, The total checks on that
day amounted to s2.s71.2 4.s including the
check for the pay roll which was the
amount charged to have been misapplied.
Mr.. Winter then went forward to the date
of July Is and showed that the two drafts
deposited and held as cash items on July
IA We're taken out on July IL by three drafts
which We're held as cash items. The wit
ness said he did not notice the exchange
of drafts till the morning Of July ii, when
he observed that the two drafts held as
cash items in his drawer had been replaced
had been dated by stamp July b." but this
had been crossed out and the figure 80
written over II with ink. The witness did
not know when this correction had been
made.
Count No. u charged the misapplication
of 81. 610.72 on June II. 1893. The total de-
posits on that day were 81, 265. 60, which was
a draft on the American Desk and Seating
Company of Chicago, the face value OF
which was S2,2S2.10 He said the amount of
this draft was credited to the American
Desk and Seating Company on May 81, and
without this credit it would have owed the
cabinet company 81, 1868. rs. This draft on the
forward and on June 20 the desk and seat
ing company sent to the cabinet company
a note for s2,517.12 to take IL up. The
checks drawn on June u was the amount
charged in the Indictment to have been mis-
applied.
The court then adjourned till 9 o'clock this
morning. Before adjourning the court Judge
Baker announced that 1t would very soon
be necessary to begin holding one hour
longer each day and the sessions would run
till 1890 and $50 instead of IL and 5, as
had been the practice.