davidaulloa/AmericanStories huggingface dataset:
The Ward County independent., 1905-10-11
SERICkSON WILL SERVE
TIME IN SIOUX FALLS PEN
Former Bank President Pleads Guilty Two Charges and Will
Receive his Sentence Today-May Get From Five Tel
Wears #

him by the losing depositors
and their friends, on the other
hand. The Independent while
not posing as a moral guide,
can only point to the short swift
businss career of Banker EricK-
son in a way OF warning.
A. p. Slocum and C. H. Parker,
directors of the insolvent Minot
National bank, returned from
Fargo this. morning, where they
were summoned. They were
not called upon to testify regard
ing the matter. Ole Erickson,
assistant cashier, however, was
on the stand nearly all day Mon
day and told of the crooked deals
of J. A. Erickson, which he, was
familiar with at the time, but
which he said nothing about to
general public nor to anyone in
fact. The assistant cashier when
taken Off the stand was as Lale
as Ceath and nearly collapsed
from the terrible ordeal through
which he passed.
The Ward County independent., 1905-10-11

j. A. Erickson, himself was not
on the stand at all. Contrary
to reports in the Reporter, he
did not receive his sentence Tues
day evening, but Judge Amidon
expected to sentence him either
Wednesday or Thursday. The
lightest sentence which he can
possibly get is five years and he
may get ten years, tho it is be-
lieved that owing to his having
plead guilty, he will receive the
minimum sentence.
The defaulting president was
nearly a wreck Tuesday evening
when he entered his plea as gull
tv. He realized tnat meant I>,,-
latlon from the outside world for
many long, weary years. The
thoughts OF being surrounded
by gray walls for five or ten years,
in addition to having to be put
at hard labor, away from friends
and pleasure, means more to j..
a Erickson than it would to the
average man.
Since Mr.. Erickson has plead
guilty to theindictments against
him, the independent no longer
hesitates in telling how shrowdly
he manipulated the books of the
bank, as to throw off their guards
the directors and the vice presi-
dent.
In the first place, Erickson was
supposed to hold $l5,OOO worth
OF stock. The facts Of the case
are that he did not have /, cent
in the concern, but gave his OWL
personal note for that amount.
and in addition to that. took the
$4,000 out OF the bank, which
The Ward County independent., 1905-10-11
$1,000 to Sorley which now ap-
nears as an OYerdraft.

$1,000 to Sorley which now ap-
pears as an overdraft.
A prominent rancher owed the
bank $4,000 or over. He paid it
ia installments. The note is still
is in the bank, and the rancher
may have to pay it over. Erick-
son spent the money.
o. D. Hayden. the iewe.er, bor-
rowed 5000 from the bank bot
q stock of jewelry and then
skipped to Canada with $4OO
worth of the gold watches and
rings. He was arrested at Este
van for taking jewerly into Ca
NADIA without paying the duty on
! it, the jewelry was contiscated
and the bank took what was
left on the chattel mortgage
which it held.
| Many more such foolish deals
might be cited. Bad personal
loans were made. So when the
independent says that about %
cents-or lesson the dollar will
| be paid, We are not far off.
The Ward County independent., 1905-10-11

+ Minot labored all night trying
to figure out some way by which
their client might regain his free
dom, bu, the case So was plainly
against him that they could do
nothing but try to secure Gle
mency from the court.
Erickson was out on bonds
Tuesday night, but it was en-
i,ected that to-day he would be
placed in charge of an officer.
"What did Erickson do with
all Of this mone\?' That is the
question that Minot business
men are asl.iu" themselves to-
day. Fifty 1n',u$and dollars III
MinOt does III - too lar, espe-
cially ii on" il careless with it
and Jake, a.. t'. was familiarly
known, did spend his money when
he got an opportunity. 1t is
said that he has not a dollar to
his name. Sympathy is extended
TO his broken hearted wife and
little ones in their hour OF great
trouble. When Mrs. Erit ksOn
learned the sad news, she broke
completely down. She had been
told by her husband that he had
done nothing wrong, and that
others were to blame for his
trouble.
Erickson was a genius at
doctoring books. For instance
C. II. Parker and A. P. Sloeum
each gave the bank their note,
the one for $1,000 and the other
for $25OO. The notes were filed
away and slips filed in their
stead. The money was taken
and used by Erickson. Altho
the notes were given the first OF
the year. they did not appear on
either of their bank books until
August when the attention OF
the directors was called to the
methods employed by Erickson.
The name OF ID. }. Lloyd, one
of the directors, was forged to
$25OO note, the money taken
out by Erickson and "blown i'll. .
In the bank has been found
Erickson's personal note for
81 900 and that Of his wife for
$4,000. This six thousand dol
lars has gone to the four winds.
A good many collateral notes
are listed in the bank records
twice, therefore several thousand
ldollars were taken and used BY
Erickson.
Erickson sold a house and lot
across the river belonging to ont
Sorley and was instructed to de
posit the $1,000 obtained for tn.
the same in the bank in Sorley''
name. Instead Erickson blew
the money checked out nearl.
The Ward County independent., 1905-10-11

that he Lad no earthly power to
cheat the prison from another
victim, he changed the plea to
guilty and thus will get a much
shorter sentence than he would
have received had the case gone
to trial. His attorneys realized
for some time that Erickson had
no show Of getting free. While
but two of the indictments were
found against him it is positive
ly known that there are many
others which might be brought
up. The two counts he pleaded
guilty to were giving a false
bank statement to theconptrol'-
er of the currency aud OF nisup-
propriating funds from the bank
to the amount OF $4,000.
Thus ends the business career
~pf a promising young man. who
was exceedingly bright but very
indiscreet. Little by little he wan
dered from the straig ight and mar
row way. the meSheS about him
getting thicker and thicker and
when once he might have deter
mined to take a different course,
he could not, owing to his fear
of exposure. Months ago, see
ing that it would only be a mat
ter Of time until the world
would know all OF his crooked
work, he grew more and more
reckless doing things which no
self respecting business man
would do. However there are
many here who can point to
favors done them by Erickson
and feel badly over his downfall.
Naturally there has been a very
bitter feeling engendered against
The Ward County independent., 1905-10-11

Indigestion, constir alton, dyspepsia,
kidney and liver disorders, and all stom-
ach troubles positively cured by using
The Ward County independent., 1905-10-11

HOLSTERS Rocky Mountain Tea. 3;
cents. Tea or Tablets.
w. B. HAwLEY.
The Washington times., 1905-06-07
NEW STAMP TAX
RESTRICTS TRADE
Price Movements in Wall
Street Are Mixed.
BUSINESS VOLUME SMALL
London Appeared to Be Awaiting De-
velopments at the Equitable
Meeting.

NEW YORK, June THE stock mar
ket price movements during the first
hour were mixed, and the trading was
small in volume. and practically with
out significance. There were many wide
fluctuations between sales, which brok-
erS stated were due wholly to the fact
that the stamp tax has restricted the
operations of room traders and has elm
mated that element to q great extent
from the market Fully one-half of the
brokers were discussing the tax and it's
interest was attached to expected de-
veiopments tomorrow when it is under
stood a member of the exchange will
be put under arrest for violation of the
stamp tax law.
Amalgamated Copper had a wide
opening. T91e to 49, and the price drop
ped under scattered selling to 77A
Cables TO arbitrage brokers said that
London opened strong, but eased Off
before our opening. One cable said Lon
don was awaiting developments at the
Equitable meeting today.
:, In the international list a decline of
u per cent in Southern Pacific was the
greatest variation at the opening of
the market. No other change was more
than Is per cent. In the general list
Ama1gamated Copper was the most
active stock 1t opened at maximum
gain of ~ per cent, reacting "a within
five minutes. Steel Foundrfes preferred
" net higher. Twin City Rapid Transit,
which is ex-rights today. was 1 per
cent lower.
Bond prices were steady.
The Washington times., 1905-06-07
FRIGHTENED PONY RUNS
INTO A SHOE STORE

The young children of David Moore
the real estate man. are today mourn
ing the loss of their pet pony. The as
sistance of Humane Officer Rabbit had
t. be called in to shoot the little animal
after he had broken his leg.
Early this morning Mr.. Moore's chill
dren, according TO their custom. were
driven to school in the little pony cart
by a colored man. After they had
reached the schoolhouse the man
started home, and was going up Penn
sylvanIa avenue. when strap in the
harness broke and the pony becoming
frightened, ran away.
Before the man could regain control
Of the animal it had dashed I'D on the
sidewalk on Pennsylvania avenue, be-
tween Tenth and Eleventh. streets north
west, and had plunged into a shoe
store. The only thing that stopped the
pony from going all the way through
the store was the fact that the entrance
was too narrow for the cart TO get
through. The men in the store backed
the pony out to the street, and ii was
then seen that his fore leg was broken,
Officer Rabbit was sent for, and a
shot soon put the pony out Of his pain.
The Washington times., 1905-06-07
MRS. ROONEY THINKS
SHE'S A GOOD MOTHER
Prosecutions Witnesses in Judge Kim
balls Court Completely Upset
Her Theory.

How can you women stand before
the Judge and swear that I don't care
for my children in the proper way?'
shrieked Mrs. Pauline Rooney, while
she stood with tear-Streamcd checks be-
fore Judge Kinball today to answer
charges of being an unfit parent
Il wash clothes for my living. and l
give all the time possible to my boy and
girl. These unmarried women, old
enough TO be grandmothers, don't know
anything about my business, she con-
tinued.
Judge Kimball thought the witnesses.
however, were telling the truth and or
dered the children committed TO the
care of the Board of Children's Guard
ians for three months.
Miss Foster, agent of the board. was
the first witness for the Government
She testified that Mrs. Rooney was adj
dicted to the use of liquor and was also
iaboring under the delusion that DersOns
were endeavoring to PUT poison in her
coffee and Kill her and the children.
The next witness stated that she had
seen the children running around the
alley entirely nude and half starved
while their mother was In the house in
an intoxicated condition According "a
other witnesses Mrs. Rooney fl.eouentIV
left the little boy and girl locked in the
house with a large kerosene lamn on
the ia bic, and also whipped them as Iata
as IL o'clock at night or O'Clock in the
morning.
The Washington times., 1905-06-07
STOCKHOLDERS MEETING.

WASHINGTON, d. c.. May 81, 1904
meeting of the stockholders OF the Puri-
tan Life Insurance Association of Wash
fngton. d, c., Il corporation organized
under the general incorporation laws of
the District OF Columbia. is hereby called
for the purpose of considering and vot-
ing upon the question of diminishing
the amount of capital stock or said cor
18th dav of June, 1906 at 10 O'Clock n m
at the offices of the company at 6I5
Fourteenth street northwest Washing
ton, ID. {. GEORGE NJ. PRYOR, JOHN
j. TUNSTALL, HENRY H. CARTER,
CHARLES o. PAXSON. WILLIAM r.
HAWKINS. WILLIAM 4. SIMS. NJ D. /;
WALTER B. HARRISON, Directors
my3l- ISt-eXSu
The Washington times., 1905-06-07
CRAWFORD TELLS OF HIS
DEALINGS WITH LORENZ
Continued from First Page

due Lorenz, because an accounting was
subject to the adjustment of these
straps Lorenz told rpe he was In the
oil business and needed some ready
cash, and if l would make him prompt
remittances that he would in consid-
profits l readily assented TO this ar
rangement because the whole burden of
directing this business rested upon me -
Crawford then took up the three diff
fereiit drafts and checks sent to him by
Lorenz. showing how they were calcu-
lated, bearing out his explanation by
figures.
Mr. Crawford tell US what were your
Intentions In regard to this money"
said Mr. Worthipgton.
AT this point the Government entered
an objection. contending that the inten-
tons of the defendant uneXpressed by
any action, was not competent evidence.
Brief arguments were made by Mr.
Worthington. John G.. Carlisle, District
Attorney Beach, and Maj. Holmes
Conrad. The court withheld it's opinion
on the question until some preceding
evidence by the Government touching
upon the point could be produced by the
Stenographer.
When the court convened after the
midday recess, Justice Wright an
nomced that he had looked into the
point whether Crawford could tell what
money he received from Lorenz. The
court decided that the defendant could
state his intentions.
Crawford replied that 1t was his pur-
pose to keep the money received from
this source as a separate fund and
make an accounting to his company at
the proper time
Several check book stubs used by
Crawford We're put In evidence. show
ing the checks paid out by the defen-
dant.
United States District Attorney Nor
rison. of Chicago, visited the court room
and was introduced to the court He
was invited to the bench with Judge
Wright. and for some time was an in
terested spectator of the proceedings.
The Washington times., 1905-06-07
COTTON PRICES HELD
TO YESTERDAYS LEVEL

NEW FORK. June AT the opening
of the cotton market today pressure on
July caused that option to open lower.
but there was sufficient support to hold
the rest of the list steady and eventual
ly all positions We're carried TO a level
with yesterdays close. New Orleans
interests bought winter months. Houses
with Chicago connections were good pur-
chasers of October, and Wall Street sold
a lot on July, while Price brokers APP
peared to be taking near deliveries.
Weather South was favorable except
that there was an inch of rain at okla
homa and there were showers in North
ern Texas.
At 1920 a. m. the quotations were:
July, 1-SS; October. SOB; November S.07;
Decemh eI- s Il
The Washington times., 1905-06-07
PROPERTY
GOES AT LOW FIGURE
Costly Furniture Splendid Rugs and Tapestries and Rare
Pictures Bid in 'for Song"-"Holy Sepulcher''
Brings S22; Cost $500

Prices ran low during the morning
session Of the auction sale of the per
sonal property of Thomas e. Wagga-
man today at his family residence, 1906
o street northwest.
While throngs OF the curious and hun
dreds of those in search of bargains
walked through the rooms on the first
floor of the mansion, which has so long
housed Waggaman's family, his wife
today sat in the bare rooms of the sec
ond story of the house, hearing the
shrill tones of the auctioneer, the hum
of gossip, and the chorus of admiration
of the signs of wealth destined to go
under the hammer for q song.
Rich mahogany furniture, empire par
lor suites, rare pictures, treasures from
the Orient teakwood cabinets, Swiss
clocks, French mantel services, tapes
tries as beautiful as they were rich
glassware and glittering candelabra met
the sight of those who entered the
house at 1890 o'clock this morning, and
the auctioneer, A A Weschler, acting
for Radcliffe. soon began asking for bids
Bids Were Low.
Bids were made. but they were ex-
ceedingly low. Society did not turn out
for the event. as had been expected
and those who were there were search
ing good things at low prices.
Turkish rugs worth 5000 sold for $50
The handsome oil painting. The Holy
Sepulcher." for which Mr.. Wagsaman
is said to have paid $500. went to a Mrs.
Smith for s22. the bids having started
on this at so.
DR.. Burritt secured a handsome Jap
The Washington times., 1905-06-07
THE LONDON BANKS
S0LVENCY QUESTIONED

The International Bank of London
dAmlted, which this mornings dis
patches say is the subject of a petition
Tor a compulsory winding up order, has
no connection whatever with any Ameri-
Gan banking concern. The London
Stock exchange Year Book for 1906
gives the following information concern
ing II; Registered in 1879, and succeed
ed to the business of the International
Bank of Hamburg and London Gimit-
ed). winch was registered in 1872. Paid
up capital 81. 800, 900 Directors: A Won
andre H. Glyn. Z. Levfta, c. Never. G
II. Palmer, and c. D. Rose" The hank
is believed to do a London and Euro
pean business only
The Washington times., 1905-06-07
Scene for an Artist.

directors. or. in other words. become
The overload
Mr.. Gould has been in conference with
Mr.. Hyde and his lawyers
Governor Herrick, Winslow S. Pierce,
who has been in conference many times
recently with Mr.. Hyde; Howard Gould.
and Alvin w. Krech, president OF the
Equitable Trust Company, were to-
gether in the West Virginia Central and
Fittsburg syndicate in 1902. which was
a part of the Gould trans-continentai
railroad enterprise.
Governor Herrick, Mr. Hyde. Gen.
Louis Fitzgerald, and Mr.. Gould all
were Interested in the Western Mary
land syndicate.
The Washington times., 1905-06-07

anese painting for S4.25. Miss Power
got an oriental rug for s14 A swell
CHERRY bedroom suite. consisting of a bed.
dresser, and washstand. went Tor s22 A
marble chess table, adorned with mosaic
work, went to a. D. Brockett, of Alex
andria, for 81.
So the prices ran. and etchings, por-
ueres made in Europe, tn bieS carved in
Japan. and all the household treasures
Mrs Waggaman's wealth had secured.
brought only few dollars each going
to the buyers for next 10 nothing.
Tho safe is still in progress, and this
afternoon the more costly things, such
as the carriages, the parlor and dining
room and library furniture will be sold.
These. il is hoped. will bring better
price than those secured this morning.
An affecting scene connected with the
sale was an aged woman who stood for
a long while in one of the corners of
but neatly kept. and her face fur
rowed with wrinkles. Behind her hung
portiere of rich coloring and perfect
design From where she stood she saw
a picture that cost hundreds of dollars.
and her feet rested on carpet of such
richness as she had never seen.
Scene for an Artist.
Her position was such that she could
look .nto the art gallery and hear the
voice of the auctioneer he sold the
things Waggaman had treasured most.
Every time he announced that some OBJ
Ject was sold for a nominal figure, the
old woman's eyes lit with a strange
glow, as II she enjoyed the results of
the sale
Careful inquiry ELECTED the Informal
ton that she was among those whose
few and hard-earned savings had, gone
to nothing in the Waggaman smash.
After some time of watching. she walk
ed out of the house, going toward the
city.
The Washington times., 1905-06-07
Goulds May Buy Out
Hyde's Insurance Stock

NEW YORK, June ACCORDING 10 an
apparently well-founded report, the
Gould interests, headed by George J.
Could, have offered James II. HYDE
IS, coo 900 for his holdings in the Euuita-
bic Life Assurance Society
1t is understood that the Gould offer
has already been accepted. Myron r
Herrick, Governor of Ohio. made the
offer on behalf of the Goulds It is ex
Tccted that if the deal has gone through.
as stated. Mr.. Herrick may be invited
to serve as chairman of the board of
The Washington times., 1905-06-07
WASHINGTON STOCK MARKET

Sales-Washington Street Railway As
s1,000GSS34
Washington Gas Certificates. 10000
1884,.
Capital Traction, o0l6144
Washington Street Railway preferred
101901a, 30Q9014. 50d90. 5G90A 50G901s
bOG90A. 1004904 50d905s
American Security and Trust, 103250A
8Q25012, 1oQ250.
Union Trust, 5@1241s.
American National Bank, 10d190, 100
Arlington Fire Insurance, 35G291h.
Mergenthaler, 1O41SSA, 10GlSs5s, JOG
1885. 10Q1SS14.
Mergenthaler rights, eas1k, 5GslA, %
ST. 4dSH. 1qS&, 1@S34. 500lcS1a $685.
500dS1a
Lanston. 1o6@15ls, 2Ooa15sk, 1ooa151s
1000
Greene Copper, 1ooa2sFs. 1ooa2szs.
After call-Lanston, 109d153a. 190GI53s
100al59s.
Greene Copper, 1oo924 buyer COZ.
The Washington times., 1905-06-07
NEW YORK.

The course of the market Yesterday
revealed two facts so convincinelv that
the general recognition by the Street of
their existence must be accepted as a
prerequisite to any attempt to rehabili-
tate the prices of the better grade of
securities These are that the public Is
displaying little or no interest in stocks
at present, and that the stock-transfer
tax has seriously curtailed professional
trading Concerning the former, public
confidence. 1t has been truly said is
ever plant of slow growth, but until
the Held has been cleared of the Eo,Iita-
Die th1cket, the task of successfully c,1I-
tiVatlng crop of old-fashioned. bull
market sentiment would well-nigh ap-
pau even the most expert Wall Street
agrlculturist. In the opinion of the
Most conservative as we'll as the best
informed minds in the financial district
II IS almost hopeless to expect that the
puphc viii come into the market while
the Equitable affair remains unsettled
Favorable crop weather such as was re-
or a record-breaking wheat harvest en-
HANGED railway earnings, the stability
o. the copper market, the continued
eas,ness of the money market, increas-
ing foreign commerce, and excellent
trade conditions al horie-all count as
naught when the public mind is dis
turoed and stock market values are
menaced from day to day by some new
development In this interminable wran-
GIG among the cuStodtans of more than
s40G,000,000 OF the peoples savings.
The Washington times., 1905-06-07
BIG MORTGAGE IS RECORDED
BY ELECTRIC RAILROAD

The washington, Baltimore, and An
'napolis Electric Railway Company to-
day placed on record a mortgage to
secure the payment to the Cleveland
Trust Company. Of Cleveland, Ohio, in
the sum Of 100000. The loan is rep
resented by 1900 bonds of $1,000 each.
known as first mortgage gold bonds. to
way company pledges all its property,
real and personal. In Maryland and the
District of Columbia The bonds are
payable in thirty years
The Washington times., 1905-06-07
CHICAGO GRAIN MARKET.
SPINNERS ARE URGED
TO QUlT"FUTURE" DEAL s

MANCHESTER. England. June THE
cotton congress today continued its dis
cussion of the subject Of gambling In
the product. which was brought up yes
terday Afternoon.
Baron Cantoni. of Italy. urged the
English spinners to abandon the prac-
that the Continental spfnners are az
70 conduct their trade without doing
TINS, and declared that if England Would
follow their example the gambling would
soon be checked.
Other delegates s-oke in similar strain
The Washington times., 1905-06-07
LAUNDRY DRIVERS OUTING

What promises to be one of the
largest and best excursions of the sea-
son Will be that Of the white laundry
drivers to River View Friday. June
g. The boys have arranged for dancing
and all amusements This being
their first annual excursion should
pc well attended. The Times wishes
them a jolly time and grand success.
The Washington times., 1905-06-07
ENGLISH EVANGELIST
CALLS ON PRESIDENT

President Roosevelt received this
morning the Rev. w j. Dawson. a
noted English evangelist. who has been
preaching in various sections Of the
United States since February and who
VIII preach at the Foundry Methodist
Church here this afternoon and tonight
Dr- Dawson was accompanied by Mrs.
Dawson and Mrs. Caldwell He spent
quarter of an hour with the President
VINO greeted him cordially.
Inc sermons DR.. Dawson VIII deliver
To-Day are his last in this country He
VIII san for England on Saturday.
The Washington times., 1905-06-07
NEWS AND GOSSIP
OF THE STOCK MARKET
WASHINGTON.

Announcement was made today that
the Potomac Electric Light and Power
Company will increase its issue OF s
per cent bonds by $500. 900.
Washington Street Railway As sold al
SS& for $1,000 Capital Traction sold at
IA for 20 shares. Washington Street
Railway preferred sold from 901s to 90h
Tor 945 shares
Eighteen shares of American Security
and Trust sold at 25014 and 2505a. Union
Trust brought 12412, five shares being
traded m.
Twenty shares of American National
Bank sold at 800
Thirty shares of Arlington Fire
brought 23N
Mergenthaier is still quiet, forty shares
only being sold at 1881 to 1881
Lanston holds its own, five hundred
shares bringing l51a.
Greene Copper moved UP an eighth
200 shares We're sold for 2o9s; an option
brought "A.