The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-03-29
ALLEGED BANK WRECKER
MUST FACE 81 CHARGES
Last of Trio Enmeshed in Govern
ment's Net to Explain Before
United States Jury.
MANY ELKHART VISITORS
Wife of ]. Walter Brown, Now
Accused, Will Not Face Hus-
bands Accusers.
The trial of ]. Walter Brown. of Elkhart.

The trial of j. Walter Brown, of Elkhart.
charged with aiding Justus l.. Brodrick.
president, and Wilson L. Collins, cashier,
of the defunct Indiana National Bank of
Elkhart, in abstraction of the bank
funds began yesterday afternoon in Fed
eral Court. Yesterdays session of the
court was devoted TO the impanelipg of
the jury and the explanation OF the indict-
ment to the jurors by District Attorney
Healing.
Brown was in court with his attorneys,
w. a. Ketcham, of indianapolis, and Judge
Van Fleet, of Elkhart. He sat between
them facing Judge Anderson on the bench
Opposite them sat United States Distric,
Attorney Healing and his assistant, j. j
LaFollette.
The trial attracted a large number of
visitors. most of whom were Elkhart peo-
pie interested in the case. Mrs Brown
was not in court and it is understood will
not be in the city during the trial of her
husbands case.
ALLEGED CRIMES REHEARSED.
No witnesses were introduced yesterday.
The first hour of court was given to the
impaneling of the jury, after which Dis
trict Attorney Healing spent two hours in
telling the jurors what the prosecution
purported to show by their introduction of
evidence. He said that the prosecution
would show that Brown not only aided and
abetted in the mismanagement of funds.
but that the man induced officers of the
bank to make the gigantic loans to the
National Manufacturing Company. Con-
solidated Paper and Bag Company and Dia-
mond Type Foundry. which firms Brown
managed and controlled. He said that the
prosecution would show that these three
firms alone had received from the bank an
aggregate Of 500, 0,9SS.S6 when they had not
had a cent on deposit in the bank He
said he would show that Brown, although
not director or officer of the bank. took
an active part in the management of the
institution and that he himself borrowed
from $4,000 to 100000 Further Healing
said the prosecution would show that Brown
presented notes signed by b. NJ. TousIey,
NJ. Afford and others. who owned no prop
erty, at the bank and took away their
value in money, although the notes repre-
sented nothing. Mr.. Healing said i'm clos
ing, that he believed he had understated
the case rather than overstated 1t.
MANY COUNTS AGAINST HIM
popular young men and was largely inter-
ested in several manufacturing companies
in that city, to which, 1t was shown in the
trial of Brodrick last week, large sums of
money had been loaned by the Indiana
National Bank. Both cashier and president
have pleaded guilty to their indictments
and Brown is the last of the trio, on whom
thrown the blame for wrecking the
bank, to appear i'm court
He is indicted in sixty-seven counts the
first twenty-six of which are for aiding
and abetting Brodrick in the msapplica-
ton of funds These funds il is said were
Converted to the National Mannfacf,rin' ac; mSPe $
Company and aggregate s2Ss, ,464.47.
Counts twenty-Seven TO thirty-three
charge that checks and notes. made out TO
b. c. Brown, Beryl Tousley. the Capps-
Brown Company and NJ. Afford were made
and executed the bank pretending to pay.
but that in reality the money was convert
ed to the National Manufacturing Com
pany and the Consolidated Paper and Bae
Company. The aggregate OF these notes and
checks is $40, 49, 20.
Counts thirty-four to ffty-four charge
misappropriation of moneys and credits 10
the amount of sl9S.5l3.30 for the use of the
Consolidated.
stracting promissory notes that Were part
of the credits OF the bank by converting
the same TO the use OF the National Manu-
featuring Company and the Consolidated
Counts siXty-two to sixty-seven charge
abetting Brodrick in making false entries
in accounts of various companies and in
dividuals to show the bank had deposits
which did not exist Under this head IL is
claimed that the books showed erroneous
credits in the following amounts: c. II
Wright sl.60i: Manufacturers Egg Case
Company. sl5536. %: Equitable Building
Loan and Savings Association. $3.50; j. O.
Martin. 81. .sS7.s2; Elliott Crull. $1,000; w. Z.
Burris, 81 70i.
The jury which will hear the evidence
and pass Judgment as whether guilty or
not guilty are ]. w. Davidson of New
Salem; Harry Griggs, of Goodland; Jasper
Glascock. of Greenfield: Charles Hadley OF
Danville; Jerome Justice, of Logansport
Frank Briar, of Rainsvile: Peter Mertz OF
Burnettsville: George Martin. of Lafayette
A. Dickinson. of Lowell: James McClan-
naham, OF Jasper county; Henry Miller, OF
Boone county.