The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-11-22
JOBES THE RECEIVER.
Depositors of the Cross Bank Have
Meeting Comptroller Dawes
Statement

Washington, D. c., Nov. 22.-Replying
to the sensational query, WAS Cross
Murdered?' published in the Emporia
Republican and also to the denuncia-
ton of the department by the same pa
per. Comptroller Dawes said today:
This article is unfair. I have read
it carefully and there is no justice in it.
This department discharged it's plain
duty This man Cross simply stole $685.
900 outright and invested $780, 900 of the
banks money in worthless enterprises.
We should have been criminally negli-
gent if we had not taken the action we
did. 1t was his deliberate act, not ours
which brought about all of this troG-
ble''
Mr.. Dawes received the preliminary
report from Receiver Jobes yesterday.
He said:
"The books of the Cross bank have
been found to have been falsified to a
great extent. The discrepancies thus
discovered indicate that they have been
concealed by false entries on the books
of the bank and amount to over S65,00O
Illegal loans made to officers of the
bank aggregate over $150000.
''The bank is insolvent and the furth-
er Investigations into it's affairs pro-
ceed the worse conditions appear to me-
1t is even worse than supposed at
first
1.-The criticisms of irresponsible news
papers in reference to Mr.. JObeS should
be directed against me and not him. The
bank was a clear cut statement of eX~
listing conditions, and was made with
out any recommendations whatsoever
by Mr. JObes. The conditions existing
there would have warranted the closing
of the bank six months ago, and, had
the matter to do over again, 1 would
take the, same action
Mr.. Davis, cashier of the bank, was in
Washington yesterday afternoon, and
had an extended conference with the
comptroller. 1t developed during the
conversation that Cross made a confess
sion to certain parties before his death,
but it is not known who the individuals
We're 1t is strongly urged upon Mr..
Davis by the comptroller that this con-
ately, in order that the imputa tions
against honest men be dispelled. 1t is
understood that Mr.. Davis will make
this confession public after he returns
home. Mr.. Davis was seen at the rail-
road office, as he was about to arrange
for his transportation home. He stated
that he would leave Washington today,
but declined to discuss the Emporia
bank matter, stating he had a represen-
tative on the ground and, Furthermore,
had been absent three days.
Emporia, Nov. 22.-Bank Examiner
Charles S. JObes of Wichita, has been
appointed receiver of the First National
bank 1t is now thought the depositors
will realize so or so per cent in small
dividends, extending over period of
probably two years.
A meeting of the depositors of the
First National bank was held in the
court house yesterday. A. r. Taylor
was chosen president and r. S. Spiker
secretary. On motion by Chas. Harris.
only depositors were allowed to vote.
The following committee of ten de-
positors, exclusive of stockholders and
debtors, to temporarily look after the
interests of such depositors was named:
T. L. Ryan, John Jacobs, George
Plumb, J. F. Kenny. Henry Haynes. c.
w. White, A. R. Taylor, A. o. Rora-
baugh, John Johnson, Isaiah Jones.
There was no i'll feeling shown in any
way toward Mr.. JObes, the receiver who
is now in charge. The committee held
a meeting and George Plumb was cho-
sen chairman. It was decided to call a
general meeting of the depOsitOrs Sat
urday afternoon at one o'clock in the
court house.