Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-05-05
Makes Good Presentation in His
Own Defense.
TRANSACTIONS EXPLAINED.
How and when Hedges signed the
Note-Arsunients OF counsel In
progres. this Afternoon.

wv NlMANNn NANNM NAu NNiliA W NV"
from 6gia cents to W cents per share
dufinR July and August 1893 NJ w. y.
-. Barnett that Hedges had told him
In the cullen hotel that he. Hedges.
was not certain whether the t2.ssp note
was "a forrvry or not. OF John Dcrn, ".
w. walker, George W. Dorsey, Frcd ].
Leonard and T.. w. Wilson, that alt.
stoutts reputation was good, and that
the signature OF Hedges on the note
was genuine.
Then Attorney Powers announced
that the defendant would be put ON the
stand Mr.. Stout walked up easily.
without trace uf nervousness, In
calm and impressive manner Banker
Stout told hts story as follows
4 am % years old and was born In
Ohio. where l lived until coming here
In 1873. was In the airy goods business
there ana we organized the Utah VA.
Sunnl bank here In June, 1880,
brought A. u. Jones with mt and made
him cashier. I was president of the
bank until I resigned On october 10.
1895.
THE MINING STOCK.
'"rhc bank iifrt had an account with
!. II. Hedges In 1899 IN connection with
"a Mvrcur mine u which he was one "
three owners. Money was nrnt loaned
Ia him with Ocyrcr- Marion stock au
security In is95. lie owed about E.ooo.
and we held some GOO shares OF stock
~ security. when Il began 60 fall I
called hiA attention 10 the fact. telling
him that he ought to let me sell some
" II. After Inducing him To let me sell
600 shares I tclephoncd to broker
Sheets. who soon sent We word that he
had found a customer. Trimmer. who
was foreman OF the mine. ON going TO
Sheets Office | found that Hedges was
buying this. his own stock. for Trim
met. But he let II ~ and 60 more
shares at 10 cents TO TrlmmeTr brother.
! didn't sell any morn OF his stock. lie
went 10 the bank and after making
payment On his notes, put up 1000 more
shares To hold m additional collateral
THE HEDGES NOTE.
In ten or eleven days he came In
again saying he was going out Of town
aud he wanted me Co buy more Gcyner-
Marion " Il went down 60 u ccuts--
he said about 5000 shares. I asked him
for note and he aiRncd one for t...ao,
aud that's the note all this trouble ID
about"
Did you sec Hedges slgn the no,e7"
asked judge Powers.
Il ala. lie must have signed u with
my stub pen Tor ! SEQ the ink n the
same NJ was ON my desk. AZ u az
fcrent from the Ink used BY customers.
OF course ! don't remember distinctly.
| sent the not. to the bookkccpcr and
did not see u again IN In the court
room. told Jones that n Sheets came
with stock to take II ~ collateral On
the note.
ION Hedges return I had purchased
no stock 20 ! told him | would give
him cnsh 10 take up tho note and
gave him $500. He put up his check
Tor the so. ON looking Tor the note 1
could not fnd II, 30 aked Jones 20
look but be couldn't md II, he said,
So ! gave Hedges n receipt Tor the
money, when I believed later on that
Jones had IA" note l told Hedges 10
make him give II up. that he was lying
about H."
"Did you alter tho name on that
notef" asked Powers.
No, replied the witness
u did not 40 to Hedges house until
after the note was paid. Director pcy.
ton said Hedges had told him that
was Interested In ueyHer- Marion stock
with him. ! called ON him about II and
had him write note 10 Mr. Poyton
denying his firat statement. said
nothing then or any other time about
old cancelled notes.
FIRST INTIMATIoN.
~ FIRST had knowledge that there was
belief that the note was forged after
Jones shot me. Hedges came 10 my
house and said that In the dlrectora'
room OF the bank WHITMAN had held
up a note about i've fect on and asked
him " he had signed IL. lie told me
that he said no, because notes he ~.
mcinbercd signing were on lnrger pieces
of papef-collatcrnl note blanks"
MIR. Stout said that his frFt differ.
ence with Jones occurred during the
spring OF 1895 In July he and Jones
had Some pretty rough times N tho
bank" lie told OF his transaction with
Director carter. % the Tempest Gold
Mining compnny'H account ana Of the
,, u. Slcater matter. lie had no part
nerrhip ARRANGEMENT with slcater cx-
ccnt In the Alta afair when each lost
$50. lie also explained his transae-
ti0nH with the ohio bank.
ToDAY's PROCEEDINGS.
Tanker Stout continued his testlino.
ny this morning In answer 10 Judge
Powers he said that the cashier,
AIR. joiner. had not consulted him In
making NJ tho July report 10 the
comppoller Of the currency and had
not called hin attention 10 the Item
omitted In relation ~ the note of the
Tempest Gold Mining company. nor had
he called Stoutts attention 10 the other
ltcma IN tho report. TO which exception
hnd been taltcn by tho prosecution. and
which are the basis ~ the present suit.
The paper dated July 10, exhibit 90. the
contract with Hedges. bears the date
ON which II was written and signed By
Mr. Hedges.
No oFFER TO HEDGES.
Witness did not offcr $40 or any other
sum a. present for signing the g.
$40 note,or the contract which ncknowi-
edged the completion OF the business.
Witness nj FIRST drew "a salary Of s. 900
a year The bank WAS not making
money, and the SALARY was not an paid,
There was an accumulation % 5000
due 10 witnesa Us unpaid nalary In
January 1880. The salary was reduced
TO il,G0O In oct. 1898. and was reduced
10 $500 a year In January, 1895.
nELiNouIsiIEp BACK SALARY.
Witness made at his own volltlon In
1890 formal REIMBURSEMENT 81 the
salary due him. The directors said
they FELT moral obligation 10 Stout.
on account OF the unpaid salary. which
he relinqulshed. and said they would