The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-09-07

Behr of New York, Sd; 7-5
Ladies' singles, semi-hnal round-Miss
Florence Sutton defeated Miss Ruth Cow
ing. 6-2; g.
Miss Marjorie Dodd won from Mrs. vi
Wan Harcourt by default.
Mems doubles, third round-karl Behr
and r. D. Little defeated Robert Leroy
and A. c. Way, SIG: 3-6; 0-6 GA; 10
Healthy Ford and Paul Gardner de-
feated s. Suthpin and Ned PEBBLES, 6-2;
6-1: So.
Hunt and Emerson defeated DIR. Little
and Garrison, 3-6; As; go; 81; ga.
Ladies' doubles, third round-Mss May
Sutton and Miss May Dodd defeated Miss
Dorothy Kellogg and Miss Krus, Gel; so.
The Misses Hunt defeated Miss Burton
and Miss Smith, GIL 60.
Preliminary rounds-Mrs. Ramsey and
Miss Bruce defeated Miss Bell and Miss
Egan, 81; 6-s.
Mixed doubles. preliminary round
Kreigh Collins and Miss Belden defeated
M. Adam Gray and Miss Pendleton,
GIL 60.
First round-Mss May Sutton and A. c.
Way defeated Miss Harper and L. B.
Blakemore, 60; 6-1
IS. 800 900, for which there is nothing to
show but the wild cat securities
At the conclusion of the hearing the
three prisoners were held for trial, their
bail having been renewed.
Request Is Refused.
Attorneys for Segal asked that he be
permitted to waive a hearing, but this
was not allowed as the district attorney
said he wished to get, and preserve, at
this time. certain testimony
Robert d. Ghriskey cashier of the
Trust company, the first witness, told
of frequent overdrafts by either Sesal
individually or as treasurer of one of his
companies or Nipple. He regularly took
the overdraft checks to Nipple. VINO
would grow pale pace the floor and then
say: well, | guess we will have to pay
this" The Nipple and Segal overdrafts
were intermingled. he said, and were car
ried in one envelope as cash account. The
total amount was at times more than
100000.
These overdrafts," he said, worried
me and | frequently told North about
them. He always referred me to Nipple.
Sometimes | went to Collingwood, the
assistant treasurer, who agreed with me
that the overdrafts was not sound bust
ness. He knew what was going on and
often referred to Segal as the devils
deputy | once told Nipple that the cash
balance was low, and he told me not to
worry as the next day he expected to
realize a million dollars on the sale of
sugar refinery. At another time l told
him of the low cash account and was as
sured that the next day he expected 81
900 000 and that we would then
have more money on hand than we could
invest, When the overdrafts became too
great Nipple would come to me with a
loan check, showing that the company
had made a loan. He would take the
memorandum of overdraft and give me
the loan check, thus showing that money
overdrawn had been loaned These loan
checks were al Ion companies with which
Segal was identified"
Earle Testifies.
George H. Earle, Jr, receiver for the
Trust company, testified that he exam
ined all officers to learn whether they
were eonversant with the true condition
of the company In interrogating Treas
urer North Mr. Earle said the treasurer
told him he knew the concerns condition
and was worried sick over 1t. North said
he did not report 1t, as he understood the
directors were aware of the institutions
condition because he had made reports
to President Nipple
Before leaving the stand Receiver Earle
gave the district attorney the envelope
on the back of which was written Nipples
confession. He said 1t was found ON Hip
pies dressing table and that 1t had been
handed to him by director who had re-
ceived it from the family.
Paying Teller Edgar Featherson corro-
borated the testimony OF Cashier Ghrskey
regarding the overdrafts.
The day Nipple died, he said, there was
an overdraft of 800 standing against
Nipples name. Collingwood, as soon as he
learned Of his death, converted the over
draft into loan, thus showing on the
books that Nipple had not overdrawn his
account.
e. S. Herrick. Jr., former general book
keeper of the Trust company and now
collateral loan clerk, said It was his duty
to make out the reports sent to the bank
commissioner and that he made 1t up
from reports given him by the heads Of
the various departments. He was instruct
ed, he said, that certain indicated over
drafts were to be classed as cash on hand.
Visited Nipple.
A Waterman in the Trust company teti-
fled that Segal often visited Nipple In
the bank building on Sunday mornings.
holidays and Saturday afternoons, but
seldom during business hours.
f. Wharton Nipple, the son of the sui
eide president of the company, identified
the handwriting on the paper containing
the confession as his fathers. The con-
fession is as follows:
10 the ftedl ESTATE Trust NplIlpdnys
mo one is to blame but myself. Segal
got all the money. l was fooled in lend
ing 1t to him, thinking hts business good"
Among the other witnesses called was
Mrs w. r. Hinchman, the president of an
apartment company. Hickman said he had
business dealings with Segal and Nipple,
and when he had asked Nipple to ex-
plain his connection with Segals interests
Nipple told him that he was the syndicate
manager and that some of the directors OF
the Trust company were among the sub
scribers Nipple. he said. would not show
the list on the ground that he would be
disclosing the private business of the ul-
rectors.
When the district attorney completed his
case he asked the magistrate to hold the
prisoners for trial in the same bail as that
demanded yesterday namely: $4,000 for
Segal and $4,000 each for North and Col
lingwood. This was done. but not be-
fore counsel for Segal had made a state
ment that Segal would prove his inno-
cence in court. Counsel said he had been
Instructed by Segal to say that he had
property valued at s10,oo0,o00, and that all