The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-23
BANKER AeNEW IN A BAD BOX.
HE Is CHARGED WITH WHOLESALE
CROOKEDNESs.

EmbesEIement of His hanks Funds.
FnlsihcatiOn of the Books ana
Other Onenses AIIeEed-One of the
Counts Recites That Ho Bought
Turned Them Into the Bank az Par.
Jacksonville, Fla, June 22.-E. W. Ag-
new, president Of the First National Bank
Of Ocala. was to-day indicted by the
grand jury OF the United States court on
charges OF embezzlement. abstraction and
misapplication OF funds of the bank. and
of making false entries on the books Of
the bank by crediting his personal ac-
count with sums OF money aggregating
$4,000 The bank suspended two months
ago and has since been in charge OF Ma
tional Bank Examiner J. r. Mcdonald.
Its affairs were found to be in bad shape
and it is doubtful II the depositors will
get 10 per cent. Of their money.
Mr.. Agnew Is under bond for appearance
for trial and will be arraigned next Tues
day in the United States court here. one
of the counts in the indictment is placing
a check for $s.lOO payable TO the bank
to his private credit Another Is the en-
bezzlement Of Sl7.5OO in bank notes. green
backs and coin. He is charged with buy
worthless stocks and bonds Of a par
value OF $4,000 for a nominal considera-
tion and placing them to his personal ac-
count on the books Of the bank at the face
value.
The first indictment had eight counts,
the first of which charges that knowing
his personal accounts to be overdrawfi,
and that he was largely indebted to the
bank, he caused a check for $34O0 to be
entered to his credit. The check was
drawn by J. Rauers, on the Merchants
National Bank of savannah. and was
made payable to the First National Bank
of Ocala, as payment In full for 200 shares
Of the Union Phosphate Company's stock.
The second count charges that he caused
a certain deposit slip to be made showing
by entries thereon credit to his private ae-
count of $3.50, and that he had placed to
his credit the said amount on the indi-
vidual ledger of the bank. 1t further
charges that this entry is false.
The third account charges that on Jan.
u, 1894. he did embezzle $500 in bank
notes, greenbacks, silver certificates, gold
and silver coin.
In the fourth count Mr.. Agnew is
tnAlktu Win ndhAhb HNA ANAoeNA +tNsA%
John A. Bishop. president Of the Globe
Phosphate Company, bonds OF the said
company of the face value OF 5000 and
placed the bonds in the bank as part
of the credits and assets Of the bank, and
did credit and cause to be credited to his
personal account the sum Of 5000, know
ing the bonds TO be worthless
The embezzlement of $500 on Feb. II,
1894. is charged in the fifth count.
The sixth count charges that no bought
from John A. Bishop, president of the
Globe Phosphate Company, bonds of the
company of the face faIue Of $4,000 and
paid therefor $500. and had the same
credited to his account as $4,000, although
he knew the bonds were worthless and
Of no value.
In seventh count he is charged with
the embezzlement of $1,000 in cash and
checks.
The eighth count is Identical with the
sixth.
The second indictment contains two
counts, the first to the effect that on Dec.
IA Mr.. Agnew, who was president of the
bank, did there unlawfully and wilfully
msapply the moneys, funds and credits
of the bank with intent to convert the
same to his own use, and with intent to
defraud said bank. The specific charge Is
that Mr.. Agnew, as president of the bank,
did solicit and procure from George W.
Martin who was not in anyWise indebted
to Mr.. Agnew or the bank, promlssory
note for $500 payable four months after
date. Mr.. Martin received no ben
efts therefrom and no consid-
erations therefore, but Mr.. Agnew
is charged with having placed said
worthless note among the credits and as
sets of the bank and caused the personal
account of himself TO be credited on the
books with the sum of 1920 for his own
benefit and use with intent to defraud the
bank. II is also charged in this indict-
ment that on Aug. s, 1893, the firm Of Bar
retto, Luis & Co. was credited on the
individual ledger with the sum of SS,245
and that the money was not received
and the entry was false. 1t is set forth
that at the time this entry was made the
firm was insolvent and indebted 10 the
bank IN the sum of S133s1.s6 II is charged
that the amount of the false entry was
made UP by notes given by II. l.. Ander-
son for 81, ,425, j. w. Pearson for $2,9i0 and
r. i. Anderson for $3.50, aggregating 49,
245, and that the notes were procured by
Mr. Agnew on an understanding that
the makers would never be called upon to
pay the amounts or any part thereof. On
these various charges Mr.. Agnew will be
arraigned next Tuesday TO plead as to
his guilt or innocence. He is still at lib
la In he r.f