The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-05-09
THE PLow COMPANY NOTES.
Those Charged to Profit and Los
Were for Interest.

Those Charged to Profit and Loss
Were for Interest.
At sos o'clock yesterday morning the fed
eral court convened with Mr.. Robinson on
the stand. Mr.. Winter called for exhibit
No. % upon which to continue his cross-ex-
animation. He took up the c-ross-examina-
ton upon the $44. 900 in drafts deposited on
May 8. 1893. and the drafts deposited in July.
The witness had testified upon his examina-
ton in chief that none of these drafts had
been entered upon the books of the cabinet
company till Aug. Z, 1898. The witness was
asked to get the bills payable books of the
cabinet company and produced one which
was marked bonds" and contained a list
Of the cabinet company's paper which was
secured by it's bonds. The entries in the
book began with Dec. /. 1888. On one page
Of 1t was found an entry of this $4,000
transaction. Before the witness was asked
TO testify as TO the entry District Attorney
Burke objected to it's introduction because
1t had not been brought out in their evil
dence and was not cross-examination. He
thought the defense should introduce the
evidence direct and the government be per-
mitted to cr-oss-examine the witness upon
it. He said they had introduced evidence to
show that there were no entries of the pa
per on the ledger. Judge Baker overruled
the objection. He said: You have intro
duced certain books against the defendants
and now the law may not be administered
fairly IL other books OF the same series be
not admitted by the defendants to explain
the entries in the books introduced by you"
The court said the government would be
permitted unusual. latitude upon the re-
direct examination upon this entry IL neces-
sary. The witness was then questioned
that under date of May 6 he found entries
of all the items constituting the $4,000
transactions with dates of their various re-
newals. He also testified that he found an
entry upon this book of the two items of
$4,7so.5O and s5.219.5O of date of July Is. which
he had testified were not entered upon the
ledger till Aug. z. He also testified that he
found entries OF the three drafts aggre-
eating 81, $780, So deposited on July -, to take
up returned drafts on that date. The wit
ness testified that il was a very common
thing with large manufacturers not to have
several days elapsed between the entry
upon the book of original entry and the
entry on the ledger.
count No. /, and the witness was asked to
refer to the account of the cabinet COM
pany with the London branch on March 1,
1893. He was asked If he had not stated
that on this date the cabinet company was
indebted to the London branch In the sum
of So, 90. and answered in the affirmative.
He referred to the books of the cabinet
company and testified that on March 3 the
which was sent to CHICAGO ON hat dSSx
and on the same day Il was charged with
the same amount. The cross-examination
was then continued under count No. 2. and
the witness testified that under date of Feb.
20. 1893. there was a credit to the account
of the London branch of Sc, 301. 80, and on
Feb. % the London branch was charged
with S9.59S. 30, the amount of q remittance
to Chicago. Then counts Nos. 81 and 50 were
taken no and IL was shown that on March
80, 1899, checks to the amount OF SIT. 740. 95
were drawn and notes to the amount of
81. 027.05 were deposited. In addition to the
notes thara were other danOSifs which made
the total deposits for the day a little over
500, 900. On his examination in chief the
witness had testified that, purged of the
deposit of these notes. the account Of the
cabinet company would have been over
drawn 81, 434.49. He said il would depend
upon the character of these checks as 10
whether they resulted in a change of the
account. He then referred TO the checks
and said aside from $l19 and one check for
$3.50, which was not found. the checks for
that day were to take out bills payable or
pay interest charges. He also testified that
was deposited S,453.u In customers paper
against which the checks of $il9 on which
money was paid out We're drawn.
The witness was then directed to the
transaction under date of Nov. 5, 1892. On
this day there were two notes aggregating
$4,000 deposited with the bank. Then the
transactions of March IL. 1872. were re-
ferred 10, and the witness testified that
on this date there was q total deposit OF
S17.O25.69 made, including two notes ag-
gregating I4.04S. leaving a deposit eXclu-
sive OF the notes amounting TO $2.97I.69.
on this day checks were drawn amounting
10 s, 95S. 40. Then the transactions between
Aug. IS and q. 1892. were referred TO. The
witness testified that or Aug. - deposits
10 the amount of $l5.ll1.S were made,
which included drafts TO the amount OF
day amounted TO &45.7 70. The drafts de-
posted on Aug. 10 were held as cash itsma