Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-15
TAKEN INTO CUSTODY
Deposed Indiana Auditor
Arrested
FOR MBEZZLE EMEN T
DAVID E. SHERRICK MUST
ANSWER.
Waived Examination and Bound Over
for Grand Jury Hearing
"Details.
FOR EMBEZZLE EMEN T
SHERRICK MUST
ANSWER.

INDIANAPOLIS, Ind, September 10
David E. Sherrick, ex-auditor Of state was
registered at the police station this morn
ing, charged with embeZZement of the
states funds. He waived examination and
Is to be bound over to the grand jury
under heavy bond Because of the large
number Of cases before him in police court.
Judge Whallon postponed the hearing as
to the amount for Sherrick's bond until
2 o'clock this afternoon. In the mean
time Sherrick is under the guard of a de-
tectve Judge Whallon said he had no idea
what the amount of the bond would be. AT
the police station today were Cyrus j..
Clark, auditor of Marion county; Lewis
Shank, county recorder; John Owen, re-
Gently appointed as the postmaster at No
bIesviIle; John E. Reed, settlement clerk in
the auditors office; John b Cockrum and
other friends of Sherrck 1t expected
that the bond would be arranged.
SherriCll was arrested on an affidavit filed
by Detective Lowe.
The prisoner looked haggard He refused
10 talk concerning the case, referring all
inquiries to his attorney, Addison Char
rs, who was with him at the station.
1t after l o'clock this morning when
Detectives Lancaster and Lowe called at
the Sherrick home in West Pratt street.
The officers found Sherrick in a nervous
condition, bordering on collapse. DR.. c. e.
Cottingham called to the apartments
and he advised the detectives to allow Mr..
Sherrck to stay in his room until this
morning. A telephone conference between
the detectives and Night Captain Hyland
followed with the result that Lowe and
Lancaster was instructed to remain at the
fiat until this morning. The detectives did
not have a warrant with them. They said
Prosecutor Benedict and his deputy, Gron-
ninger, were writing out the warrant when
they left the station for the Sherrick home.
Talked With Sherrick.
After midnight County Auditor Cyrus ].
Clark and another man called and talked
with Mr.. Sherrick for some time. Earlier
In the night there was a constant stream
of callers from among the friends of Mr..
Sherrick. From the conversations that
took place within the hearing of the de-
tectives it could be seen that Sherrick was
bitter over the governors action.
Mr. Sherrick and the detectives entered
an automobile and went to the police sta
tion.
After Sherricks resignation which was
sent to Gov. Hanly yesterday afternoon
was accepted and Warren Bigeler OF Wa
bash had accepted the appointment to the
vacancy the auditors office was closed for
the afternoon and not opened until this
morning.
After a consultation with his friends last
ing during the afternoon Sherrlck went to
his home in West Pratt street where he
was found at the time of his arrest.
Investigation of the securities which were
placed IN the hands of the governor tends
TO show that they are of sufficient value to
protect the state, If taken with the 100000
bond of the American Surety Company. The
face value of these deposits stocks, bonds,
etc. given to protect the state for the $145,-
197 due it is $1I2, IGS, of which about $50, 900
represents investments in various mining
enterprises OF a more or less speculative
character. 1t is thought that the remainder,
amounting, all told, to about 500, 600, will
be realized fully. OF this amount S19,-
hZ5.Ul is on deposit at the Farmers and
Merchants Bank at Cicero, Ind. Then the
notes given TO the J. II. Murry Company
by W. S Wickard, amounting to about SOL
600 will be paid IN full, according to Mr..
WickJrd. Also notes aggregating S1S,500,
signed or indorsed by Eben II. Wolcott,
former state senator from Wolcott, Ind,
are thought TO be good for face value. max
ing u total of about $4,000 that probab bly,
will be turned into cash In addition, it Is
thought probable that some of these mining
stocks have now an actual commercial
value which be received on the mar
ket so that, all told. the sum total amount
realized Will probably be 100000. This.
then, viii leave about $4,000 to be paid by
the American Surety Company. the bond of
which amounts to 100000. The states IN
terests are therefore, thought to be fully
protected.