Alma record. (Alma, Mich.) 1878-1928, 1897-09-17

W ilut>, thch d>A'u otlup'c ~ VI lhE
the books up 80 that lac could look them
over and ascertain the amount due de-
positors. The purpose OF this vas to
further the proposed reorganization.
Those who were to come into the new
bank we're not 20 he required L. put in
any capital but were privileged 10 put
in a sum not exceeding $4,000. The
fixtures OF The bank were 10 be taken
by thc new organization al cost, and
the dcposltors were 10 be paid OF by
wines, or by Struble as his represents
tive. Ia one Of these conversations by
telephone Struble stated that the linan-
ces of the bank were low.
Witness said he had heard something
OF Il man named Frank Sutton thought
that Suublc once mentioned him by
telephone. After the shooting witness
learned that Strube had cashed a $1,000
check I + him. II was drawn on the
Fourth National bank of Grand Rapids
and was subsequently, returned. Wit
ness last counted the cash in the bank
July y. There was then about 81 300
cash; something over hoo due from
the -Four h National bank of Grand
Rapid, and other credits, in all about
$500.
Witness ,evered hi, connection with
the Peoples Saving, bank of Mt.
Pleasant April 30. There was then in
that bank $1,000 to $4,000 in notes
that had been taken by Struble and
sold to the People, bank. In all the
Farmers bank owed the People, about
$1,000. The books of the two banks
Fowever, did not agree, some entries
not appearing upon the book, OF the
Farmel's bank. There were collections
made by the shepherd bank that die
not appear at once upon the books
These bill, should appear a, a charge
against tie bank until the sum hac
neen rcmittCd.
Witness had borrowed money from
he Mt Pleasant bank and sent it down
% the Farmers. The books did not
,glce because note, sent 10 the Farmer
and charged TO that bank. were ne.
.redited To the Mi Pleasant bank whei
objection, were made. These am0untCt
10 about $1,000. These conditions has
lot materially changed at the time o
lhe failure Al that time the director
i the Peoples bank asked witness L
execute "a bill of sale OF the Farmer
bank to them and to let the bushes, .
IN a before. Witness refused to q,
Ibis. He SAID the only effect of such
transaction would be to place bill Of
sale in the hands OF the People, oani |
directors and he would not give them
,uch a paper because loss might result
o the depositors at Shepherd. The
.o,t of the fixtures OF the Farmers
,ank was $l.l37. The relations Of
witness aud StruDle were very friendly
a. all times,
Witne,, knew that Swuble X c.
we're using The fund, or credit Of The
mmer', bank in The cattle bu,ine,
Ncvcrreque,red Elmer Suublc 10 maxi
draft tor l.200 ou Rice * Whaley 81
Buflaloa, testified to by IraD orubt.
The missing book, are the letter iuu
la aud general ledger: one or two
'raft registers and the certificate regi-.
rr. AL these were bound in clotl
With leather backs. except the letter
,ook,. The cover, were canYa,. The
loJl~ 10 the steel chest Of the safe an,
tbout 9Xl2 inches in size. The innc
lool ha, combination and Tune Jock
me outer door combination lock
Witness has bay horse that wcigt !,
,6ou' loo pound, and top bugg
ma, has been used SlN or seven years
'ut l. in good repair
Dennis Ryan has white faced hors
put it Is AT the farm Of "a man named
Brown. He has two-seated ,Xprcs.
wagon. Fr. Crowley rooms at the res
lence OF Dennis Ryan but he keeps ~
lor>e or carriage. StruDlc X Co. wer,
Engaged IN buying and shipping live
stock and also wool. Wtncs, has
"A she'd their drafts at the People,
bank. Elmer Struble Went to Gladwiu
,nce or twice to pay for stock. Struble
TO pay the money through
Ira ID. Strube but witness objected.
Before he started witness loaned him
'evolveI that was in the Peoples bank.
St.,,If. r., baJ lfttl La c..,;,o1 L,,. vi