The Birmingham age-herald., 1906-11-14
BANK EXAMINER TELLS HIS TALE Shows How He Was Fooled By RESERVE BOX A MYSTERY Charge Tickets Were Drawn for Big Amounts Against Corporations With
 out Their knowe dge-Books
 Show No Shortage.
RESERVE BOX A MYSTERY

l In the federal court yesterday, before Judge Thomas G. Jones and a jury. the case of the United States vs. Alexander l R. Chisolm, charged with embedding funds of the First National bank of Birmingham, was on trial all day.
 When court adjourned on Monday 1t was announced to meet at 9:30; but as the
 judge had to take up some bankrupt proceedings in chambers he did not take his seat on the bench until 1015 He eX- plained the delay, lest it should be re- garded as a precedent for others to be late in attendance
 Much of the evidence yesterday was of a technical nature, explanatory of bank l ing methods and the duties of the off cers in charge of the different depart ments.
 Bank Examiner Cooper explained the methods which Chisolm employed to de- ceive him in making his examination of the banks business, and also testified about the reserve box. II. E. Urquhart, cashier of the American Trust and Saw ings bank. testified to the transactions of s. NJ. Webster with his bank and also about the banks transactions with Gilbert & Clay, and w. l.. Sims.
 Before adjourning Captain White asked United States District Attorney Roulhac about what time the government expected to conclude the examination of its wit nesses so that the defendant could have his witnesses in attendance. The prosecu- ton said that today about noon would probably be near the mark
 Percy Cross-Examined.
 Walker Percy, a director in the First l National bank, was the first witness to take the stand yesterday morning. Just as Captain White was about to begin the cross examination, the witness asked leave to make d statement, which the court allowed
 Mr Percy: "A statement. purporting to have been made by me in my testi- mony yesterday appears in this morning s | paper, and l wish to correct 1t. l am reported as having said that Chisolm told me that Smith urged him to trade and kept after him about trading I do not recollect having made that statement and if I did, it would not be correct. What | Chisolm did say was that Sims urged him to trade and kept after him about | asked me if there was any way the matter could be fixed up; that his parents had a home on South Highlands which they would be willing to sell I told him the bank would not accept any money from his parents'
 In answer to Captain White the witnesy stated that he had remained in his of- flee all the night previous to Chisolm's return; that he had gone to Annlston 10 meet the Southern train but learned aft erwards from Bowron that Chisolm would arrive on the A. G. S. Witness stated that l he had known Alec Chisolm for quite i T number of years; that he was a young man of excellent character and manner, snd could not express himself too fully as to his good opinion of him. Witness said in reply to Captain White, that he knew nothing of Chisolm's ancestry so far as insanity was concerned; that he knew the family came from South Caro- lima, and had lived near him in Brming- ham for many years.
 Tho witness said that Gilbert X Clay was a firm engaged in the business of buying ard selling stocks and commodities on a commissions; that a customer would put up a certain amount of money with them which money was called a margin" that l if the stock or commodities rose in value the customer gained but if the stock or commodities fell in value the GUS toner lost. Witness said he did not Lnow the entire amount of money used by 1 Chisolm; that each transaction was com plete in itself; that all payments made to Chisolm by Gilbert X Clay were put lack into the banks funds.
 | Witness stated that it was between S:50 and a. m. when Chisolm admitted taking | the money: that il was about ? D. m. 1 when he was arrested by the marshal; l Bank Examiner Cooper; that Chisolm asked to see his parents and his brother john, but they were not in town. 1 Witness stated he did not apepar before The grand jury: that he was not in the city at the time the grand jury was in session.
 Bank Examiner Testifies. I. s. IT. Cooper, in answer to Mr. Brad ley. testified that he was United States | hank examiner; that he was in MT. ! Tercy's office about ' a. m on the day | Alexander R. Chisolm returned that he was present during the interview between l Chisolm and MT. Percy, and heard what | Chsolm said; that he had not made any | threats or promises to Chisolm; that he 1 saw Forsyth come in with letter which