The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-10-15
OLD TOWN BANK TROUBLES.
The Liability of Cashier wilcox BE-
Ing EHquired Into.

BALTIMORE. oct. 1.-THE story Of the
troubles Of the Old Town Bank, which cuI-
minated in the appointment Of receivers
for that Institution on December rs last.
IS being told in the Court Of Common
Pleas IN the trial Of the suit Of the bank
against Theodore r Wilcox. It's former
cashier, TO establish Mr.. Wucoxs alleged
liability for "a balance Of over Sis Gy1
which, II is alleged, he wTOEgfully per
United the United Milk Producers AssO-
citation and Isaac Robinson 10 obtain
from the institution.
Receivers were appointed for the MIX
Producers. Association in September 1900.
and Tor Mr. RObinsou's business about
three weeks before the bank failed. At
that time the bank was a State 3nstitu-
ton Since then il has beer reOrgauized
as national bank
The trial Of the suit against Mr.. Wilcox
began yesterday. William 5 Bryan. IT..
and Roger I. Gin appear for the bank
and Thomas Hughes and William II
Bruno for Mr.. Wilcox In mss opening
statement Of the case TO the jury Mr.
Gil said that Mr.. Wilcox had allow Cd the
United Mix Producers Association and
Mr. Robinson 70 Overdraw their SccOUuJs
and had discounted their notes without
proper security. Mr.. Gill also said that
Mr.. Wilcox had used the funds u the
bank for his private purposes. although
the bank had not suffered any loss there
When Mt. GIL began his opening state
ment Mr. Wilcox took a seat near the
said. During his statement Mr.. GIN read
Mr.. Wilcox letter of resignation as cash
Ter Of the bank. At this point Mr. wilcox
arose and IN trembling voice deCicred
Air Gill had misread the letter M Gil.
protested that he had no such intention. II
was developed that Mr.. Gill read chat Mr..
wilcox expressed his deep regret at the
troubles which have overwhelmed YOU
instead o. the troubles which have over
Whelmed me-
Shortly aft-rward 1Ir. Bryan objected
to Mr. Wilcox sitting 50 close to the jury.
Mr.. Bryan said that HlT- wilcox was max
ing running comments on What Mr. Gill
said, and he was rand some or the com
meuts would De heard by the jury
'He has just said, Another lie. Another
LEI Mr. Bryan added.
Then Mr.. Wilcox took a seat further
away from the jury and beside his couu-
sell and Mr.. GIN concluded his statement.
The exact amount for which the bank
claims Mr.. Wilcox Is liable u il is Sis
1873 This Is made up as follows Money
loaned Mix Producers Association,
Sf2 $500; CheCIs cash,d Tor the MIX Pro
ducers Association when IL hid no money
on deposit. S22$-6ssf Drafts casheg for
Isaac Robinson which were not paid,
$50 fs5.T4 Total, $l2l ytJ5Z.
From this amount the following items
are deducted. Cash turned over by Mr..
wilcox. $500, ll5 shares Of stock q the
bank, surrendered by Mir. wilcox. Sl.t"-
cash received from the MIX Producers
Association. 81. SO o. Total, s. 1913.
DCductiu2 this from the total. Sl2l 9i9. y.
leaves the balance OF $llSllS. %. for which
the bank is suing. IL II alleged that be-
tween January and December q, 1890, by
bis acts Of omission and commission Mr.
Wilcox caused the bank to lose this sum.
Mr. wilcox made a deed Of trust Cor the
benefit Of creditors after the bank fan
ure. II is said that II the bank obtains a
judgment in the suit il can only recover
about Q per cent OF its claim, or about
s. 500 out Of Mr.. wilcox lUSutN-uL estate.