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

A
departure whnt was going on 10 con
nectIon with this defalcutions. Clnrl
frequently had notes discounted az tn,
nank as high aa $3.50; frequently from
$500 to $3.50.
] MY. biggs apked whether large mar
OF tha slOI 900 was not lost by peoult
apeculating 10 Bay State Gas, to which
MI Richardson said he did not know.
CONTINUING, he said Clark paid the
notes and did not owe the bank any.
thing on the notes.
L. Edward Ross, public accountant
OF Philadelphia, said no exnmine the
booBs OF the Dover hank on June 4th
Or Dth, 1881 Tho examination showed
that there was q defalOation of SLOT, 600,
wnlch had been committed by Teller
bogga In making the examination
was compelled to go over Tho booka of
the First National and Farmers Banks
Iho operations wor1 concealed by with
holding deposits from the books OF the
banks. The latest defalcations we're
concealed by false footiugs 10 the cash
journal
ho said from the Investigation. be had
learned that ou May llth, 1876, a check
Ut 1. >. Clark was sent from this Farm
ers Bank to the First National Bank for
collection. The Farmers Bank received
credit. bur in the First National Bank
y was not chargod to the account Of
Thomas s. Clark. Tho books of the
First National Bank show that 1t paid
the amount of tine check, along with
Other amounts.
While Ross was on tho stand court
took a recess until g 30 O'Clock.
Levi @. Bird. OF counsel for Senator
kenney and Charles II. Butler, WIS
given until noon next Saturday to file
a demurrer. lie asked the court to fix
day for Kenney's trial not earlier
than next Thursday week, intimating
that 1t would be difficult TO do the work
pertaining to demurrlng and preparing
the case before that time, but as the
| Judge had no opportunity to consult
with the other judge who will cit with
him. he could not grant the request.
1t Is possible, however, that the REQUEST
may be granted later. Mr.. Bird snid
he would be ready to go on by Thurs
day week.
Mr.. Bird announced that he had
asked District Attorney VANDERBILT to
consent to having some Of the counts In
the kenney indictment STRICKEN out,
but Mr.. Vandegrift would not consent.
Notwithstanding the extreme heat,
there we're about aa many people in at
tendance at the United States District
Court Tuesday afternoon as at the
morning seeaion. During the greater
nart OF the afternoon Judge Swayne OF
Florida was the guest of Judge Brad.
ford and occupied seat beside him on
the bench.
Court reassembled ut 2. 80 o oloek, and
immediately the case against Thomas
). Clark, charged with aiding aud
ahetting William N. Boggs, the de-
faulting. teller Of the First National
Bank OF Dover, was resumed, and Il.
Edward Ross, Philadelphia &C.
countant, who was testifyinR when
court adjourned for the noon recess,
again took the stand
TESTIMONY OF AN EXPERT ACCOUNTANT.
District Attorney Vandegrift, who
was examining Mr.. Ross, asked him IL,
in bis examination Of the books of the
bank, he found that the payment of the
$3.50 Cuthbert check OF May 9th, 1896,
concerning which he had testified IN
the morning, was recorded thereon. He
replied that the books showed the pay.
ment OF the check Concerning the
effect of the defalcation, he said that
the Stockholders had their sioux de-
preciated one half In value and that
portion Of the money to make up tho
deficiency had been taken out of the
surplus. He stated that William N.
Boggs was teller at the time. Mr..
Biggs, counsel for Thomas S. Clark,
said he had no questions to ask, and,
therefore, the witness was not cross
examined.
CHECK Through THE FARMERS BANK.
Ezekiel Cooper. teller Of the Farmers
Bank. produced the foreign exchange
book of that bank, and 10 reply to
question by Mr.. vandegrift said be
found thereon check given by Thomas
s. Clark on the First National Bank,
the date Of the receipt Of the check at
the Farmers Bank being May 18th 1896.
II was received from the Philadelphia
National Bank ana was dated May 9th
1896 and WIS collected with other items
at the First National Bank. Mr.. Van
degrift asked whether tho book showed
that the $3.50 item was the Clark check
and Mr.. Copper replied that there was
nj other $3.50 check OF that date. A
collection from the First National Bank
no SAID, the Philadelphia National Bank
was notified that the Farmers Bank
u
question from Mr.. BiggH, who conducted
the cross examination, he said the date
of the letter from tho Farmers Bank to
the First National Bank, concerning
the check, was May 1lth, 1896. BY way
of explanation he said every day each
bank writes the other letter telling
what transactions there had been con
corning the other, and every Monday
morning the banks settle with zach
other, the one owing balance paying
it, Conseq the settlement for the |
check was made on tho Monday follow
ing May 18th, 1896. Mr.. BiggH asked
whether tho check sent on May 18th |
was allowed by the First National
Bank as credit in favor of the |
Farmers Bank on this same day. and Mr.. |
Cooper replied In the affirmative. IF |
IT had not boen." asked Mr.. Vande- |
grift, what would have happensd?"
"lt would have been protested" the |
witness replied. "Suoh not having
happened, Mr.. Vandegrift again asked |
you considered that the check was
paid on May llth?' " Yes, sir, " replied
MIR. Cooper.
oLARK's ACCOUNT TRANSFERRED TO W. N.
BoGGs.
Edward y. Page, who in May, 1896,
was manager of the Philadelphia office
of E. B. Outhbert & Co., New York
stockholders, was the next Witness
Hin testimony was probably the most
important off the afternoon, az in the |
course Of his replies he SAID that the
account OF Thomas S. Clark, in rela.
tion to certain stock transactions, had |
been transferred to William N. Boggs.