The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1897-02-26
ne lnaIssasnss Assiass ffasl.ens \. ..
E.cennall.


text Of the indictments found against
President II. b. Mcconnell, Of the
lately failed Merchants N.tional
bank of this city, by the United States
grand jury recently in session at Tam
pa. The indictments have. an ugly
appearance but the friends of Mr..
Mcdonnell say that he can satisfacto-
rily explain aud answer every item
in the various counts and asks that
Judgment he suspended until the trial
OF the case comes OH.
The following are the indictments !:
"The grand jurors of the United
States of America, emptuelled and
sworn within and for the district
aforesaid the fifth district) on their
oaths present that one, Richard b. Me-
Cornell, heretofore, to-wit On the
third day of July, 1895, in the county
of Marion and state of Florida, within
the district as aforesaid and within
the jurisdiction of this court, the said
Richard b. Mcconnell being then and
there president of certain national
banking association then and there
known and designated as the Mer-
chants National bank of Ocala
did then aud there with intent to in
lure said association and without the
knowledge aud consent thereof and
without the knowledge and consent
Of any of the directors of said bank
ing association, unlawfully and wil:ul-
~ misapplied the funds, moneys and
credits of said association the sum of
5000 in this to-wit: The said Me
Connell caused himself to be credited
on the books of said association
The finding goes on to recite the
fact that Mcconnell filed deposit
ticket for that sum and had the same
credited to his personal account on in
dividual ledger No. 9, while he well
knew that he had not deposited any
such sum, which he was frauduieully
intending and devising to convert to
his own Use.
They go on to find another charge
in which they recite the fact that on
the Goth day of October, 1895. he fraud
ulently executed and placed among
the assets of said bank a certain paper
purporting and pretending to be The
promissory note of the BrooksviIle
State bank, II. q. Mcdonnell presi-
dent. The said Brooksville bank re-
ceiving no b from the execution
aud delivery of said promissory note
aud the same being executed without |
the knowledge and consent of the Of |
fieers Of the BrooksvlIe bank AMI Me- |
Connell having no authority to exc |
cute and deliver such paper which he |
knew 10 he valueless. This note WAS |
placed among the assets of the Ocaia !
bank for the use aud benefit of said |
Mcdonnell and the entry was made f.
on the books of the Ocala bank charg- |
ing the aBroOksville bank with the |
sum Of 5000 which was done to de-
ceive any agent who might he APP |
pointed by the comptroller of cmren-
ey to examine into the affairs of the
Merchants National bank Of Ocala.
on January 18th, 1895, and on di-
vers days before that time he did will
fully abstract and take from the Mer-
chants National bank divers sums of |
money aggregating $1,000, without the
knowledge aud consent Of the direc- |
tors of that bank, which was done
with intent TO iDjure and defraud said |
association.
On the 9th day Of May, 1895, and
on divers days before that time he did |
uniawfully and fraudulently abstract |
from said association divers sums of |
money aggregaling $4,000, without the
knowledge or consent Of the directors
Of said institution.
On the oath day of July, 1896, and
ON divers dates preceding did 'raudu-
Iently abstract from the funds entrust-
ed To his care by the bank sums ag- |
gregating $500, without the knowl-
edge and authority of the directors OF
said association.
The other indictment contains the |
following charges:
On April 18th, 1886, on individual
ledger No. 10, a certain entry credits Il |
Il. Mcconnell, manager, with the sum
of S739.5O, which entry did indicate
that said sum had been received by |
the Merchants National bank of
Ocala, but the said entry was false
and the sum of s739 80 was not re-
ceived by the bank, nor on any date
rs the same purported to indicate and
declare an account of moneys then
due to the bank by Mcconnell. This
entry was made to deceive the agents
of the comptroller.
In connection with the above the
grand jury also found that on the day
mentioned and on previous days Me-
Cornell had distracted from the funds
of the bank the sum of S739.50 with
intent to injure and defraud the bank.
On November 9th, 1896, on the same
ledger there appears an entry of $3.50
20 the credit of II. b. Mcconnell, man
ager, but the entry was false and the
bank had not received the amount
stated. This finding was treated like
the above. Ii was charged that he
distracted the amount mentioned
from the funds of the bank, first with
the intention of deceiving the agents
OF the comptroller and second TO in
lure and defraud the bank.
On December II, 1896, in individual
ledger number IL, certain entry was
made to the credit of the Equitable
Life Assurance Society for the sum of
$500 which entry Mcconnell knew
10 be false, such sum never having