The Cairo bulletin., 1907-03-29
BANK WRECKtBS
NOW ON TRIAL
CHICAGO COURT TAKES W
CASES or OFFICIALS OF
cREELMAN BANK.
JURY MADE TO SMILE
At Frank crseIman's Speech Expires
sing Hope That This Bank Would
BE Liberal in Making
Loans.

m a Chicago court Wednesday, the
cases Of the officials Of the delnncf
Rank of America had the second IN
ming. Daniel ID. Healy testified as to
notes all4 sed 10 he worthless which
we're issued through the bank, the
notes being produced as evidence.
Bank Examiner G. g. Jones followed
Mr.. Healy. and stock holders OF the
bank were also called The proceed
ings Of yesterday began with motion
by Attorney Stedman to exclude from
the trial the use OF the books OF the
bank on the ground that the defend
ants should not be compelled 70 pro
duce testimony against themselves.
The motion was oyerrnled.
The remainder Of the morning SEES
sion was occspied by Mr., Young IN
outlining the charges Of the state.
The case was begun on Wednesday
when the proceedings were more IN
teregting, there hging lively running
fire of objections. exp situations and
personal comment by attorneys.
That every move Of the state VII
be fought to the last ditch by the sgE-
on lawyers who are defending former
Judge Abner Smith and his three asso
ciates became clo1r as soon as the
proceedings began. Dii,ing the open.
ing statement Of Assistant Sate'e AT
torney Hobart r Young the lawyers
leaned forward eagerly, taking advan-
tage Of every opportunity to pounce
upon suspected flaw, and when Dan,
iel p. II5aIy took the stand as the
states frs witness, much Of his time
was spent listening to arguments and
counter arguments as TO the admis-
sIbility Of his testimony.
At one point Judge Pinckney he
came impatient.
Logical objections, he said may
be made 10 the court. This exchange
OF personalities must stop"
Healy Tells of Banks History.
Mr.. Healy, who was one OF the or
ficials Of the defllnct bank ami was
subsequently appointed its receiver.
took the itand at the beginning Of the
afternoon session III reply q qnes-
aions from Mr.. Young, he outlined
briefly tho circumstances Of The Organs
ization AID opening Of the bank aud
began to tell Of the 4 difficulties which
attended IFS brief career. His tcsii-
mony will be continued today.
At the beginning Of his testimony
Mr.. Healy precipi;atd legai wran-
Gle which threatened TO last the ~
mainder I the afternoon. He told Of
banquet held by the organizers Of
the bank at the Sh rman house on the
evening OF November 20, 1905, week
before the opening OF the institution.
"Your honor, does tho jury want TO
hear about al the cocktails and Ro-
man punch they bad?a int rncsed Al
torney Seymour Stedman after listen
ing to some OF the details.
Mr.. Healy was allowed 10 so on ami
proceeded to ;el about the post
prandial speech s.
creelmsn for Liberal Loans.
Prank Creelman he said, made
n speech He said ihat he hoped the
bank would be more liberal than most
banks I'm making loans"
The jury smiled. and Mr.. Stedman
interposed Wig. rous objection. After
a time the storm was weathered and
the hearing proceeded.
What office. If any. did yog hold
in the bank after II opened?" asked
Attorney Young.
Il was supposed to be a trust OF
ficer," Mr.. Healy replied.
What did you do?"
why. don't know that did much
of anything except Z around. was
at the bank every day."
Mr.. Healy said that he had frequent
1y told Mr. Smith and other officials
of the bank that "h did not Ike ID,
way things we're going. and hat
urged that expenses he cut down bal
without effect. He told of consulta
ton with Attorney General Stead aas
other officials Springfield in regara