Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1898-07-21


and had not been paid at the First
National Bank, and this was the only
one | found, that, II was said, had not
been paid. On the Sunday after Boggs'
flight after Rome trouble | found tina
check and went to Pennewill to return
1t. He had COMPANY and / waited
until Monday. Then no wanted Mr..
Richardson present and 90 did |, and
when he came | explained to them the
circumstances and left the check with
them.
Gray-Wsre they satisfied with that
eXplanationp
Kenuey--Porfectly 40. as far as knew.
Senator Ksnney next explained the
five Anderson checks.
Gray What were the circumstances
under which the first of these checks
and subsequent checlss we're given?
kenney-In the full VI 1896 Boggs
fold me be had had some building
transactions with Mr. Anderson of
Philadelphia, and he was unable to
transmit checks, not having bank
account. lie asked me to loan these
checks aud no would make it right
Gray Anything slse said ns to the
payment OF these checks?
Kenney-He said that he would pay
them himself.
Gray--Out of his own RESOURCES?
Kennoy--I understood no was to pay
thom out OF his own RESOURCES.
Gray-Did you have any intimation
OF the contract
KUnney-None in tho world. HAD
no intimation of the transaction, Ok
cept TO accommodate Rim.
Turning next to the checks given be-
tween May 18th and July 81, 1896,
uggregating 81, 500. Senator Gray asked
Senator Kenney to explain thurn.
Eennoy-I gave them. l gavs those
checks for the purchase of Bay State
Gas 90 margins in 1896. bought $50
shares, of which 100 belonged to Boggs.
was solioited to buy this stock by
Mr.. Boggs, lie was the first man to
suggest the purchase TO me. thought
ho was honest about it; that he had
information from the inside. hud
never bought any stock on margin or
otherwise in my life. did not buy it
except on further investigation. / was
advised by Philadelphia brokers not to
buy, but ON further investigation
thought it good thing and bought
90 shares at first.
AS to the eight checks in this series
he said that all vera not for the pur-
| chase OF stock, but part was for
margin. The stock was bought at 26.
2S and 30, and began going down ut
once, and finally on July 10th or 18th
| his holdings were sold because thsy
had not been sufficiently margined, at
loss of over $4,000. Boggs had taken
100 shares of the stock, but never paid
| anything on IL.
Senator Gray next took up the
matter Of Kenney's bank book and in
diyidual ledger account.
Gray--Did you know anything about
the withholding of these checks?
Kenuey-Not In tina light in which
they have been presented before the
Jury in this case. | had been notified
of overdrafts by the bank. / had nc
more idea Of the condition that has
been shown here by experts and Mr..
Boggs than you had. From the srubl
OF my check books there was no eyi.
tlence of my condition. expected the
bank to keep my accounts. / relied
entirely upon the hank, or Mr.. Boggl
rather, who was really the only officer OIL
the bank | came in contact with In
business way. And whenever il wal
necessary to cover my account he mott
fled me aud never in my life, wher
notit Ted, did not make it gooH.
Gray-You had quite an active &C
count. Had you any reason to suppose
that in these transactions your deposits
were not just about keeping up with
your checks, with just balance o
small overdraftg
Kenney-No, sir.
Mr.. Kenney said that he had no
only been mortified by Boggs of over
drafts. but also by other officers OF To
bank and had always made them good
lie denied that BUggs, either in Ucto
Der or November, 1895. had told him b
was short S25, 600 or $50, 600, or an
amount, at this bank.
Gray--Did Mr.. Buggs ever give yo,
any information. directly or indirectly
! that he was paying these checks, whicl
, are spoken of in this Indictment. $50
,, Cuthbert check or the five Anderson
checks or the Shaw check, out OF tn
: funds of the bank2
Kenney-A bsolutely none.
Gray-'Did you have any knowledg
, OF that2
Kenney- whatever.
Senator Ksnney remarked that h
believed be had enough money in ban
a to have mat all oil the checks.
! Gray Did you have any arrangement
with him with regard to carrying thes
checks treierring to other checks i
, his general account)?
! Kenney- Nothing in tha world; n
) more than with any other checks.
always understood that Boggs woul
a pay my checks and notify me il III
8 account WAS mt good.
| - al
ment with Boggs?
= Kenney-None.
i Senator Kenney said that duriu
Il Dover. The witness was next aske
n with regard to tho alleged erasures I
) the initials Wv. N. b." opposite tw
q itemH on his bank book. Senator Ker
i ney explained that tho deposit Of SlC
4 under date of September 9th, 1896, la
peen made by Mr.. Boggs. 1t was
part of the money Boggs hud paid q
account OF losses in Bay State CT
IT stock. After the book had been Q,
8 aniined by the expert 1t was roturne
!. to Senator Kenney. and thinking III
o initials "W. N. b." would be mil
" leading he took them out. lie ha
Q proceeded similarly with regard to a
g item Of $1,000 which had also been d.
70 positad by BoRgs. July 9th. 1896, IN
n the total, I,407, represented Bogg
d share OF those losses.
,r As to tho two drafts, which Bogl
10 had testified to, Senator Kennsy O.
y planned that he had given then
It Thomas S. Clark to enable Clark, wi
ir was indebted to him, to cnlleot mont
u which WIS due Clark. Both draf
T. came back, but CLARK Rfterwarl settle
up both.