The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-04-18
THE BATcHELOR TRIAL.
Reosiver Knight aud Bank Examiner wiz
am on tho stand.

h1h On titn Htuuus
In the trial OF II. +. Batohelor in the
United States court, for rnisuslng funds Of
the Stock growers National bank % Mflee
City, Assistant Prosecuting Attofnsy Wal
lace yesterday put several very important
witnesses on the stand y. ~ knight,
Jr., was called and testified as 20 bis az.
pointnent. afst ~ examiner. then as re
ceiveT of the bank. lie testified oonoern-
ing the talk be had with defendant few
days after he reached Miles City concern
ing what security be could give for his
indebtedness to the bank, and this defend
ant told him be could not secure ~, but
that he would turn over his house and the
electric light stock, which was bis prop
erty. The electric liQht stock was after
wards offered md received subject 10
approval By the oOmptrollsT Of the currency.
and afterwards returned TO BatchsloF
who subsequently, turned over a half
interest n his house Defendant also
offered 10 turn over the electric light ahares
standing In his fathers name, and stated
at the time that hs had turned them over
10 his father ia tbs hope that 10 would
make him a comfortable living. la a later
convsrsation about the Billings estate
stock he told the witness that 10 was an
outright purchase by him. Al the witness
request defendant wrote him a letter con-
cefninR the Selway note transaction. Wbioh
letter was read IN evidence. witness also
gave ia detail the statement OF the liabil-
ities aud assets Of the bank Al the time Of
suspension, showing bow they we're divided
into three classihoations-good. bad and
doubtful, and spsoined the liabilities under
each class.
George Newman was called and testified
as 20 the transaction Of Nov. 2, 1891,
whereby j. w. BAtchelor's note for &C. $50
was put in she bank, and abe pfoossde used
TO take up the Newman and Beasby indsbt.
edneas, and to place money oredits to she
account OF each, by showing that he on
that day sold out a half interest In hia
sheep business for &C. 750 having all the
transactions With tho defendant, and the
defendant telling him be was buying for
his father; and that later, in July 1893. az
the requeIt OF the defendant sRd his father
he rspurchaEsd the interest Ia the sheep
business, assuming tue note which j. W.
Bachelor had originally given. which was
then unpaid.
+. 4. Wilson, bank examiner for Mon
tans. testified 30 having examined the alb
stract of defendants indsbtsdnesI. that In
his own name a. we'll as that iu the name
OF bis father, confirming the testimony Of
Harmon a. TO these matters. lie also
showed that the liabilities Of the defend
ant, the water company, the directors.
Newman and MaTmon and Merrill. the
latter two eK-directors. amounted 30 SIP
900 81 the time of the banks suspension.
lie further testified that the increase Of
dafendGnts debt from Sept. Il. 1892. 20 the
suspension of the bank. Was over S12, 600,
and from March l6 1891, TO ths suspenaion
OF the bank. was over $40 900. lie took mp
the Logan and Burleigh note transactions
and explained them, AMI explained the
nature of ths entries. de testified that
they we're false ia certain particulars aud
showed how they were calculated TO decsiy
He also testified to a conversation had
l. a.. .a.Nr -. A
November, 1893 IA which upon witness tell
inc defendant that he had by means Of bis
own and his fathers paper borrowed all
that there was IN sight in the bank. defend
ant replied in the Affirmative, but stated
that he ought not 30 be punished as he had
nothing lett. The witness also showed bF
figures aud comparison that the defendant
upon his own paper and that OF his father
ia the bank. had since JanuarY. 1891. failed
to charge this paper with interest. amount
ing 20 over $1,000 aud that upon the three
large pieces OF his fathers Indebtedness
this discrepancy amounted to about $4,000;
and also showed that in most instances in
terest would be computed az bus six per
cent or for half the time required.
The cross EXAMINATION developed fhat
witness had been an accountant for over
twenty years; that of total Indebtedness
of 1900, aocruing since Jan. l. 1891 10
the suspension Of the bank, $4,000 was
$l2,O0) was represented by the paper of j.
W. Bachelor. lie also enumerated some
thirty odd notes npon which this interest
discrepancy had oceu red during that
period. aud said that be had examined
other notes ia the bAnk and he found them
correct as 90 interest, though he could not
recall 10y name the other notes be had ex-
amined.
The cross EXAMINATION OF the witness was
not concluded at the time Of adjournment.