The Birmingham age-herald., 1907-11-19
JUDGES RULING
 AGAINST WALSH Books of Chicago National
 Bank Are Admitted TRANSACTIONS ARE TRACED Bank Examiner Shows That Funds of Bank Are Used By Walsh for a
 Certain Railroad and For
 His Newspaper.
TRANSACTIONS ARE TRACED

Chicago November 1S.-Judge An derson. in the trial of John R. Walsh today ruled that the books of the Chicago National bank and of the other Walsh enterprises, constituted competent evidence and that counsel for Walsh had not constitutional right to exclude them. Following up this victory, the prosecution, through tn e testimony of National Bank Examiner E. P. Moxey. proceeded to trace six instances of alleged irregularities in accounts which, it is contended. in- dicate misapplication of the funds of the Chicago National bank by it's for mer president. That Mir Moxey was per- mtted to testify as an expert in ac- counts was due to another ruling by the court, who declared his testimony admissible after the defendants at torney had made every effort to have 1t excluded.
 From book to book throughout the afternoon the bank examiner traced financial transactions and pointed out connecting links through a mass of figures, and at the close of the session it appeared that the task would keep him occupied for days. Mir Moxey's testimony. given in a straightforward manner. but with frequent interrup- tions by counsel for the defense. was in substance that on February 1, 1904, the discount register of the Chicago Ma tional bank showed q memorandum note for $92,00O secured by certificates for $100,000 in Illinois South ern rail- road bonds and that on the same day the proceeds, amounting to $90,700 II were credited to Mir. Walsh's personal account He said that Mir. Walsh's ac- count was charged on tho same day with three checks, one of S25 900 and another of s35,000 to the Southern In- diana railway and third for $25,0O0 to the Illinois Southern. He further showed that on March 30, 1907, the discount register records n memoran- dunn note for $92,000 with the same security as the other and that the pro- ceeds of the discounted note S91356, were credited on the same day to MT. Walsh's personal account Further. he showed that on the same date $1O,- 900 was paid to the Chicago Chronicle
 
 $25,000 to the Southern Indiana, the amounts being charged to Walsh's ac- count and credited to the railways and newspapers account on books of the bank.
 A purchase of fifty thousand South ern Indiana per cent bonds at 90 ap- peared on the books as date of April IS, 1904 the witness said and S47,- 911. II was placed to Walsh's credit. On the same day the Chronicle was cred ited with $20,O0O and the Southern In- diana with $30,000.
 Ten days later 32.00O Southern In- diana bonds were bought by the bank at 95. aggregating $3o,698, and follow ing the same procedure $25.000 was paid to the Illinois Southern railway.
 On May 3, 1904, there appeared on the discount register q. memorandum note signed "L. $. Horan" for S92,000, secured by bonds of the Walsh rail- roads, and on other dates in the same year similar notes of $92,000 each, signed by different persons were re- corded with the proceeds charged to Mir. Walsh's account and paid out in various sums to the Southern Indiana, Illinois Southern and the Chicago Chronicle.