The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-01-22

On the morning of the bank crash
Judge Bright was seen leaving the
bank with large valise, which from
the way he handled it, seemed to be
pretty heavy and stepping out to the
curb took cab and was driven
rapidly to the depot where he took a
train north. From that on. until he
was placed on the stand depositors
and citizens in general havo been en-
deavoring to find out what the valise
contained but without success
Judge Bright testified that the bank
owed him individually and in trust
capacities $4,000 andon the morning
Of the failure, June 30, 1892, between
the hours of and 8 o'clock, this
amount in cash, notes and securities
was given to him in the bank by l..
A. Culver, Jr., Cashier of the defunct
bank. He said he took them away
and deposited them elsewhere.
Thus load is lifted off the minds of
the people and the mystery of Judge
Bright and his big valise is settled,
Yesterday Col. Sands was recalled
and testified that he had recovered
as receiver of the bank the sum of
$G027.37 which he had not yet dis
bursed. Upon cross examination he
stated that he was witness before
the Grand Jury but had no further
interest in the prosecution of Mr..
| Culver.
Miss Clara Westenhaver, the court
stenographer, was placed on the
stand yesterday. Miss Westenhaver
read the testimony of Culver in the
Contempt case of 1893. Her notes
showed that he had testified that his
nominal Indebtedness to the Peo-
pies Bank was $4,000, also that he
assumed the Rohren defalcation
amounting to $4,000, the Winona
Stock $4,000 and small loans amount
ing to $25,0C0, also stated that the
books of the bauk were in the possess
sion of the Union Bank for they had
been turned over to it as assets.
From Culver's testimony, as read
from Miss Westenhaver's notes, and
other mystery is partly cleared away.
1t has always, since the bank failure,
been nine days wonder as to what
had become of the bank books. Mr.
Culver in his testimony states that
the stockholders of the Peoples
Bank had sold all the assets and lia-
bilities of the Peoples Bank to the
Reno Company, Company organ
lied within the Reno Land and Oil
Company, with the understanding
that the Reno Co. should organize
the Union Bank Co. and sh ould pay
all the debts of the old bank by July
|, 1894, and were to collect the debts
due the old bank, aad that the Peo-
ple's Ban; books as their property
was delivered to the Reno Co, and
the books We're shipped to Penn
sylvanin where that company was
to be located.
The court made two rulings Thurs
day, one of them being that certiil-
Gates signed by L. a. Culver, Jr.,
we're not an admission of the indebt-
eddoss of L. A. Culver, Sr. The
other ruling was that in criminal
ca, , it would predjudice the case of
the prisoner were he compelled to
produce the books of the bank, and
that the testimony as to their DIS
position was ruled out. After Mar
shall Armstrong and Sheriff Ryan
had testified to the arrest, capture
and return of the prisoner to Logan
the state rested its case.
About go witnesses out of about |
300 subponeaed by the State were eX-
amined. Forty witnesses have been
subponeaod by the defense to appear
today for examination.