Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-02-14
M'cUTcHEoN TRIAL ON.
Case Will be bitterly Fought-History
Of the Case.

Sdo0 WIN Nc SsSeSi'y
of the Case.
Ida Grove, Feb. 14.-In the trial of
the state VS.. Fred c. McCutcheon, the
work of selecting the jury was COM
pleted yesterday, and the attorneys
have made their opening statements
of what promises to be the most in
teresting case ever before the courts
of this county.
1t Is most important case not only
because of the prominence of the par
ties, but because of the nature of the
case. A private bank with $4,000 cap
ital went to the wall upon the death
of the principal owner and disclosed
liabilities aggregating 100000 more
than the assets. The young son Of
the owner had managed the bank, and
now he is being tried for accepting
deposits when, it is alleged, he knew
the bank was insolvent
Fred C. McCutcheon, the defendant.
was the Oldest son of the late e. H.
McCutcheon, of Holstein, who was
prominent party leader of the republt-
cans in Iowa, and who for some years
was the eleventh district member of
the republican state central commit
tee. Young McCutcheon gained fame
as the manager of the University OF
Iowa foot ball teams in 1899, 1900 and
1901, and managed the famous cham
pionship team that defeated Michigan
and won the championship of the west.
the only time it has ever been held
by the Hawkeye institution.
Fred McCutcheon is only 80 years OF
age. but the trouble that has come
upon him, thru no fault of his own
HIS had its effet.. upon him, and sitting
in the court room yesterday he show
ed that he has aged materially in the
past year.
Death Disclosed Shortage.
b. H. McCutcheon died on January
13, 1904, of pneumonia, and the inves-
LEGATIONS made that night disclosed the
fact that the bank was insolvent. The
bank was closed, and on the 18th OF
that month, was placed in the hands
of the administrators of the E. Fl. Nc
Cutcheon estate. These administrators,
Fred c. McCutcheon and V. Roush.
are still in charge, and the last steps
are being taken to close the estate and
make payment to the many creditors.
Fred McCutcheon was indicted by
the grand jury at the April term in
1905. and was released on bonds of So
500. The indictment charges that on
January Z, 1904, when Fred c. Nc
Cutcheon was cashier and manager of
the E. H. McCutcheon & Co., private
bank he then and there well knowing
that the bank was insolvent, on or
about January Z, 1904, unlawfully, will
fully. feloniously and knowingly re-
in, cli1
bank from one Carl H. Greve MEM
Der of the firm of John Vents & Son.
in the sum of $145"
Greve testified before the grand jury
that the Vents firm had cash bal
ance of $1,7O0 in the McCutcheon bank
at the time of the failure and that
none of this has been paid, their
checks against the amount being re-
turned unpaid.
Woodmen Deposit Of 100000.
One of the principal claimants against
the bank was the order of Modern
Woodmen. E. H. McCutcheon was dep
uty banker Of that order at the time of
his death, and had their deposit of
s100,152. The Woodmen sued the
bondsmen of McCutcheon, and that
men being twenty-five prominent Ida
county citizens, including M. M White,
the attorney who is one of the two de-
Tending Fred McCutcheon
F. T. Bennington of Sioux City, is as
sisting County Attorney Pierson in
the prosecution of the case, and Will
E. Johnson and NJ. NJ. White of Ida
Grove. are conducting the defense. The
state will attempt to prove that the
McCutcheon bank was insolvent, that
it had been insolvent for months and
months, and that Fred c. McCutcheon
must surely have known it's condition.
The attorneys for the defense are
keeping their own counsel and it is not
known here just what will be the ma
ture of the case. The lawyers on both
sides of the case are among the most
prominent and gifted in northwestern
Iowa and it promises to be hard
fought battle. The opening statements
were made yesterday morning, and the
court room was we'll filled by crowd
of interested listeners. 1t is thought
that the case will require the remand