The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-04-14

the other for Sl,lss.s4 to pay note of the
Wooten Office Desk Company, of Rich
deposited $500 in notes, from which was
deducted a discount of sl65.93, leaving a
total credit of s7,S34e7, yet at the close of
cabinet company was overdrawn TO the
amount of S2.265.a. The note OF the I Mooten
y PSsen Of WAS signed S F.
Coffin, president On the face of the note,
in one corner, were the words no renewal
In the OF 800 d and dHaughsfi as
paid Dec "a, 1892. 1t was paid by another
note OF the Wooten company for $500,
signed by F. ds%s SSn prSsse9d @as ana pay BY
urer, m It was marked paid March %. 1893,
d. draft TaS by ya'tdh the ~ cabinet Company on the
Wooten company for $1,000. 1t was ac-
eepted by the Wooten company by yad f: A;
paid July q, 1893. II was paid by draft
of the United States Office Desk Company
on the Wooten for $500, with interest 10
draft was never paid. and Is now In the
hands Of the receiver as part OF the as
sets Of the bank.
tions, Mr.. Corr told the witness to take
the ledger of the Wooten company and
turn to the account of the indianapolis
pany of date Sept q, 1892. The witness
turned to the account indicated and said
indebted to the Wooten company in the
sum of SC. 1880. He said il showed no entry
Of the $1,000 draft drawn by the cabinet net
date of March 20, 1893 He then took gener-
al ledger No Of the cabinet company ana
turned to the. account of the Mooten com
panv OF the date of Sept. 22. 1892 lie said
the book showed a credit to the Wooten
company in the sum of $1,000 AT the close
of that day the account showed tne CAP
met company owing the Wooten company
Sl7 1904 on March q, 1893. there no
entry on that account. There was no en-.
try at any time during the the month month o Of
1893. the account showed the Wooten com
pany owing the cabinet company %,5l0&
This credit baanSe ia s he Mossaa sad
Feb. 2S of drafts in the sum of s27,SGS 80
If purged Of this charge the account would
Wooten company in the sum of slS333.02.
The witness was told to then turn TO the
account Between the Wooten company and
on the books Of the former and see what
entry was made there on n July ls SS lssS: He He
Ia5G edSer of Se maS Unted States Once Desk
Company and found the account between
it and the Wooten company TO be "square"
on July Is, 1888, There vas no entry OF the
draft of 5000 on that day.
The prosecution then announced that 1t
was TO take up Count 10 of the indictment
The witness was told to turn. on the books
company on Feb II. 1883. He did 50 and
found it overdrawn s2,2i.97. On Feb. lS
he he said the Baag checked out on
checks. He was handed a bunch of checks
which he said were the ones upon which the
Tn foP the a pay roll roll Of the Company. S al On the
same day the company deposited draft
on F, the Wo3ten eSSmP6any con for 2 whieh hd1
of S2,i96.l6, which was the same amount as
a check presented for a New York draft sold
%ooen ae dra dep6sted On by the
on that day was sent forward to Rich
returned, accepted. He said it was prob
ably sent forward for acceptance, as II
was taken Out by the check Of the cabinet It
company for N,SS5,s5 to take ont this and
sGsher & see Desk of of tbe e aH EItd g
the cabinet company deposited sS,7iS.lS. The
discount register showed an entry Of a
dated May p, 1898, and due Sept. Is. This
Is the same amount as the check Of the cab
T oe n no df the up ah o5Per 6e M
The evidence was then directed to Count
u u TT The & witness was vas told to take the books
cabinet company at the close of June IL,
1893. He said the books showed an over
draft of ss,26112. On the next day the cab
met company was charged with Sl,6lO.72,
made up Of sundry checks, which were in
troduced and read On that day the cab
met company deposited a draft the
American Desk and Seating Company, of
Chicago. for S2,265.60. This draft was never
sent forward for collection. but was taken
out of the bank on July 13, 1893, by the
check of the cabinet company The check
upon which the draft was withdrawn hav-
ing been previously placed in evidence
under Count No. 8 was not read. On July
"A the cabinet company deposited draft
Seating Company, of Chicago. This draft
was never accepted nor sent forward for
collection. 1t was never paid, and is now
hands
The witness was then directed to turn in
the books of the cabinet company to the
Company and said entries of date June !,
1888, showed the cabinet company Indebted
TO the Chicago company in the sum OF
RENEWAL OF DRAFTS.
The evidence was then directed to Counts
Al and A. The witness took ledger .I, ;,
"A to NJ" of the bank, and turned to the
account Of the cabinet company. Entire.
Of date Jan 6, 1893, showed that the cab
met company had deposited on that day
s23,O69O4. This deposit, he said, consisted
of five drafts. There were two drafts or
the Boston branch for 5000 each and tive
on the New York branch for 5000 each
and one on the London branch for So, 49S 90
With the discount deducted. these made
the total amount credited to the cabine
company on that day. He said he founC
these drafts credited to the cabinet com
pany on the ''scratcher'' and charged K
the loan account. Only two of these orig
inal drafts were produced. and they weT,
traced through their varied meandering,
by Mr. Robinson. He first took up the Lon
don draft. II was afterward renewed by
another draft of $10,0S9.64, which also tool
up another returned draft of S6,31S Thi,
second draft was renewed on March g. lSg3
by another draft by the Wooten company
on the Boston branch for $1,000, and OF
June p this was renewed by a draft o
the cabinet company on the Boston brancl
for 5000. The witness said none of tn,
drafts deposited on Jan. 26 were ever paiC
in cash. and their renewals We're still as
sets of the bank. The witness said or
Jan. 5. 1893, the account of the cabine
company was overdrawn S13, ,4Si.13. On tn,
following day the deposit of SO, ,O69.O4 II
drafts. as spoken of above, left the ac
count $1,432.70 overdrawn, after checks I,
the amount of s11,O699S had been draw,
by the cabinet company on that day o
these checks, sl0,9l6.9S was to take III
drafts credited to the cabinet company AM
returned unpaid. He said at the close o
business on Jan. 6, 1893. if it had not bee,
for the deposit of s23, ,O69O4 spoken of. tn
overdraft Of the cabinet company would
have been $24,400 The checks TO take M
the s109l6.9S in returned drafts were thei
sixty odd drafts that had been deposite,
by the cabinet company with the bank an,
returned TO the bank unpaid.
The witness then took the books of tn
count with the London branch He wa
asked what the account showed as to tn
credits and debts between the two com
panieS on Jan. g. 1893. He said the book
the London branch in the sum of s64S p
He was then told to turn to the accoun
OF the cabinet company with the BoStol
branch. The books showed that at tn
met company owed the Boston brancl
81, ,S9467 He then turned TO the accoun