The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-06-22
PARIS TRIAL AGAIN
DAMAGING EVIDENCE POUR
ING IN AGAINST HI BANKER.
Brazil Grand Jury Indicts Seven Boys
Man at
shoots Four Union Men.
special to the Indianapolls journal.

Special to the Indianapolis Journal.
FRANKFORT, Ind. June 21.-The Paris
embezzlement case was resumed this MORN
ing at $50 before a crowded court ROOM
Judge Kent ruled on the law questions
argued Tuesday afternoon permitting the
State to present testimony showing Paris's
relations with the chain of banks con-
trolled by Paris. Dwiggins & Co. The
first witness called was G.. +. Waddell,
receiver of the Commercial Bank of Rus
~siaville. who testified that Paris was only
connected with that concern as a share
holder. This bank suspended in May, 1893.
with face value of assets $4,000 and actual
value only 10000. Mr.. Paris owed this
bank $1,000. and was an indorser for 5000.
When the Russiaville bank failed 1t owed
$4,000. He said 5000 had been realized
from local stockholders, but not a cert
from Paris, Dwiggins & Co. Ruben w.
Wiles. cashier OF the Russiaville bank.
was next called. He had worked for Paris
at Attica for nine years. Paris was a
nephew of Zimri Dwiggins. When the
Russiaville bank began business it had no
capital. John w. Paris was president and
Organized the Commercial State Bank,
taking the place of the old bank, putting
in the assets and the good will OF the old
bank at par, and the stock Of the new
DdIlh WAS Uul vi liz at pACt PtL
share. He said from 5000 to 5000 worth
was purchased by local people. As cashier
he reported TO Mr.. Paris at Indianapolis.
Paris never contributed any funds to the
concern. The United States Loan and
Trust Company paid for its stock in bonds.
Mr.: Paris's advice and SIGNATURES were
Miles was a partner in the bank, but did
not have a cent invested. 1t was at Mr..
Paris's suggestion that the bank suspend
ed. There had been received in deposits
$50, 900. but only 1900 were on hand when
the bank failed.
When the Greentown bank opened it
drew out of the Russiaville bank 5000.
and this was afterwards paid back by the
Columbia National of Chicago In a very
National was the immediate cause of the
closing of the Russiaville bank. Just be-
fore noon the books of the Russiaville
bank were presented for examination.
After the noon recess. Louis S. Walden,
cashier of the Greentown Bank. and indicted
with Paris. took the stand. answering the
questions put to him by the State with
promptness. The capital of his bank was
s., 500, he said, realized on a draft on the
Columbia National. Mr.. Walden had the
books OF the bank present and explained
certain entries. He said that Paris had
drawn various sums from 500 to $1,000
out of the bank on his individual note and
the money was never paid back. PariS'S
word was law. he said, and he Waldon)
obeyed instructions. The witness had a
working interest only in the bank. but had
purchased gold mining stock with money
~ 80
National failed, May II. he received a tele-
gram to close the bank. He had received
deposits up to May IL. On the day the
bank suspended the deposits were s1S,623
loans and discounts, $15 1000. Paris had rep
resented to Walden that the bank was
perfectly sound.
James Curless, the prosecuting witness,
and a depositor who lost S2S1. 40, made a de-
posit a few hours before the bank closed.
Walter S. Temple said he was solicited by
Paris. a few days before the bank failed.
to take Stock. as the bank was to be reor-
ganized. He was told that 1t was not his
money that was needed, that the bank was
full, but his influence. He could have got
stock for 12 and was told that the bank
was making Il per cent.
James p Parker, a Greentown business
man, said he lost SLOT, which he had on
deposit, as treasurer of the Odd Fellows
lodge. He had been assured by Paris and
Governor Chase that everything was all
right.
John T: Linden. the Dunkard presiden t. of
the Russiaville bank, told how he had been
induced to go in the banking business by
Mr.. Paris. 1T was the only time 1 ever
held office" said the old gentleman, and 1t
cost me $1,000. John l.. Moody and A. S.
Thompson had also listened to Paris to
their sorrow. Court adjourned until to-
morrow, when 1t is expected that the State
will complete it's evidence.