Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1898-06-16

| "uS hthhs Sluu lNN tHCb OI LuB lBlENr
from Morris he acknowledged the rs-
celpt OF tho sum Of money mentioned
therein and CREDITED the Farmers Bank
aud charged himself with IL, without
verifying IL with tho checks.
lie proceeded to explain the method
OF settlement between The two banks,
which was made on Monday mornings
Ehoh day the amounts owing and duo
from each 10 the other we're set of and
ON Monday the cashier whose hank was
indebted according to the balances
wonld draw check for that amount
IN favor OF the other. Somotimea Mr..
batemRn verified the letter from the
other cashier hy comparing il with the
Checks The money in the bank was
uanally counted about noon.
Mr.. Higgs asked how much money the
bank had on deposit in May, 1896.
Mr.. Vandegrift objected on tho
grnund that the question was not in
crosH examination. Mr.. Bigga said its
object wns to show how familiar the
witnena was with the condition of tine
bank; ID was part OF the case to show
how much money was on dspoRit. Inc
court ruled out the question as not
properly In CROSS examination.
The district attorney then announced
that ha had called upon Mr.. Bigga to
produce certain checks, letters and tele-
grams. Clark's deposit book for '9i,
10. '9G and '0T, as well as some re-
ceipts When Mr.. Vandsgrift had con.
cludsi reaiIing the list Mr.. Bigga
handed him twn checks for $3.50 drawn
Ivy Clark Mny 9Th and May 18th, 1896,
respectively, on the bank in favor OF L.
u. Cuthhert a. Co., and they were put
in evidence. Clark's pass hook for the
lntter part of 1897 was also handed over,
but the items do not cover any Of the
period desired. The other pass books
were nut ut hand. Ae to other checks,
and kilograms and receipts called for,
Mr.. Biggs said 1--WE haven't them and
can't produce them"
Walter q. Sexton. who was clark in
the Philadelphia Office OF Cuthbert e.
Co., testified that he kept ClarK'a nc
count in the ledger and that rcd line
through his name was drawn when the
account was transferred to William N.
Boggs. The book shows cash items of
$3.50 on May 9th, 1896, and $3.50 ON May
18th, 1896, 10 favor of Clark. lie could
not say whether 100 shares Of Bay State
Gas were to Clark's credit when the
transfer was made.
Ernest Ii, Ball, Rssignee of L. b.
Cuthbert & Co., testiied that he had
produced what books he could find of
that firm.
Robert G. Fulton. who was connected
with Cuthbsrt & Co. g philadelphia
office, testified from Cuthbert ~ Go. Is
letter book that on May 18th, 1896, he
sent telegram to Clark to send $3.50
to cover margin on BAY State Gas stock,
that Of d
protect his account. He rUUld not say
whether that was the original amount,
Irving ID. Boggs testified that he
kept the individual ledger at the Dover
National Bank and would either credit
deposits from tho deposit slips OF Will
liam N. Boggs would call them off to
him. Generally he took them from the
slips. 1T was not 80 general either"
declared Mr.. Biggs, on cross exam | IA.
tion, because Sl07, 900 was held back
by withholding deposit slipH.' -
The witness said he could not give
the proportion of deposits without re-
ferring to the bucks.
" He knows If he would toll" re.
marked Mr.. BiggH.
Referring to the individual ledger
which the witness was testifyiEg from,
Mr. Biggs asked:
"Is that the book that misled the
board OF directors, the buus examiner
and the people2"
Mr.. Boggs replipd that be did not
know that the books did, it was the
withholding of deposits which misled
the people.
Mr.. Vandegrift directed the witness
to ascertain the dates in Clark's ac-
count when the entries we're not made
by him. lie found that William N.
Boggs made the entries January 9Th,
22d. February 18th, May "a, July 10. |
Goth and November I'd. AS tn other
entries he was allowed to examine the |
book of the stand and will report later.
Francis N. Buck, national bank ex-
aminor, testified to finding the defal- |
cation of SLOT. 600 by William N. Boggs. |
The deposits at that time should have |
been about 1926. 900. lie explained
Boggs' method of abstraeting deposit |
slips and money to the amount of such
slips, and the discovery Of the defalca-
tion by comparing the pass books with
the individual ledger.
Cashier Morris of the Farmers Bank
and Former Cashier Batelnan of thu
National Bank testified to letters show
ing check of Clark'a for $3.50 sent
from tho Farmers to tho National Bank
on May 18th, 1896.
On cross examination Mr.. Batemau
said he would compare the letters and
the checks once in a hundred times,
but was not sure that he compared
thsm as often as once in so times.
When he did not verify them, William
N. BogRs would.
Adjournment was taken until 2.2O
o'clock.