Omaha daily bee., 1896-01-25
COUNCIL BLUFFS DEPARTMENT,

Bank Of Cass County was organized he owned
s.. 900 worth OF stock in the bank, and had
$1,000 additional In his name, which belonged
to Judge Loofborow and was transferred TO
him In 1880 or Whereabouts. In 1888 he sold
SO, 900 OF the stock to s. NJ. Childs, and In
1885 had sold some to l.. w. Russell. Since
1885 the witness said he owned but 81 800
worth Of stock.
On the visit OF Bank Examiner Copeland to
the bank in 1892 Mr.. Dickerson said he had
been informed by Yetzer that Mr.. Copeland
was In the city. The witness went TO the
bank and saw Mr.. Copeland and shook hands
with him, but held no conversation with him
concerning the banks business.
Mr.. Dickerson said that the question of
surrendering the banks charter as a state
institution had been talked over by the Of
fcers and directors Of the bank for a long
time prior to Mr.. Copeland's visit. Ii was
generally thought that by making the stock
holders all responsible the bank would be
made stronger. The witness testified that
prior to Copeland's visit he had been max
ing a great effort to sell real estate in order
to pay his indebtedness to the bank.
Yetzer had testified that Isaac Dickerson
had attended a meeting at which the subject
OF surrendering the banks charter was being
discussed. Mr.. Dickerson declared that he
had never attended any such meeting and
had never said to YetZer or any one
else that he could vote the Cooper stock In
the bank. He held no proxy of the Cooper
or Russell stock and had had no control or
it since March, 1887. He testified that his
knowledge of the steps that were being taken
looking to the surrender Of the banks char
ter came to him from either Ietzer or A.
w. Dickerson, and that he personally MAD no
communications with the state auditor or
other officials. He denied positively that
the matter of publishing the notice of the
charter surrender had ever been talked over
by him with Yetzer or any one else. He
denied all knowledge of the correspondence
between Yetzer and the state auditor and
said he had never seen any Of the letters
until after the bank had passed into the
hards of the receiver.
SIGNED THE STATEMENTS BLINDLY.
Mr.. Dickerson examined the Of
the condition of the bank made in October,
1892, and testified that he had sworn to their
accuracy. He did not know anything per-
sonally about the condition of the bank, but
accepted the statement of the officers of
the bank who had prepared the
This was true of all the of the
bank which he had signed during his con-
nection with the institution. He had never
signed one of the reports at the bank. They
had all been brought over to his office. Some
times he would be busy and would sign the
reports without any investigation. At other
times he would ask the bank employe who
presented the report If 1t was correct and
upon such employees assurance he would sign
the report. He had every reason to believe
that the reports were true, as he had implicit
confidence in the officers of the bank who
prepared such reports.
E. ]. Dickerson had full charge, the wit
ness testified, of the books and accounts of
the firm of 1. & Il. j. Dickerson. During
1893 e. ]. Dickerson had charge of all the
firms business in Atlantic. The witness
went to Missouri in February and was there
all the summer with the exception Of a few
brief visits at Atlantic. He came home
orce in August to meet Mr.. Loescher of the
German Savings bank Of Davenport. The
firm of L. & E. ]. Dickerson had loaned a
large amount of money for the German
Savings bank. 1t was while at home at
that time that the witness prepared a state
ment for the papers, in which he pledged
his real estate to secure the banks credit.