New-York tribune., 1907-11-23
TWO MORE INDICTMENTS
PREPARED IN BANK CASE.
Grand Jury on Trail That May
Lead to Others.

The Kings County Grand Jury, which has been
Investigating the affairs of the Borough Bank of
Brooklyn, prepared two more indictments yester-
day against persons connected with that bank.
These indictments were handed up, the
course of the investigation led apparently TO an
other and new trail which the jury wanted to fol-
low out before making public the new indictments
These indictments. il is thought, VIII be hanoed
up some time Monday. II is believed also that
a third man, a prominent director of the bank.
will be indicted then. one of the two against
whom indictments were prepared yesterday is sup
posed TO be real estate operator II Is said that
the indictment against him was made because of
his connection with note which he had the Bor-
oush Bank discount the day before it closed. The
second man is indicted perjury charge in
connection with testimony before the grand jury.
If the indictments are handed up Monday bench
warrants will be issued the day and the
rest of the will follow. In the time, it
was said last night. they being watched by
the police.
Rumor connected the new trail of the grand
jury with the subppnaing of Charles Grill. the
passbook clerk. the only witness yesterday before
the grand jury 1t was generally believed yester
day that the indictments were temporarily laid
aside" because the new trail promised to add
10 their number
The present grand jury will investigate the affairs
of the Borough Bank only AS II adjourns next
Saturday it will not have time take up other in
quires. But others OF the Brooklyn institutions
which closed Will not escape The Kings County
grand jury for December will take UP the work.
II Will investigate the affairs of the Williamsburg
Trust Company and of the Jenkins Trust Company.
From the investigation of the last named COM
pany startling developments to be expected ac-
cording TO an employe of the District Attorneys
Office. That office believes that these subsequent
inquiries will be followed by indictments.
Howard Maxwell, who president of the Bor-
ough Bank, was not bailed out yesterday. All dur
ing the day his counsel. Isaac r Oeland, tried to
get the necessary $4,000 bail. but was unsuccess-
ful. Two clerks from Mr. Oeland's office came over
TO Mr.. Elder in the afternoon and told him that
a woman owning real estate valued at $4,000 had
been found who would furnish the bail For two
hours they waited for her to appear. but that was
the end of it, for she never came. Mr. Oeland hopes
10 find bail to-day
His first night in prison was a bitter experience
for Mr.. Maxwell. In the cell on one side of him
was convicted negro murderer, and in the one on
the other two Italians charged with murder
He was unable to sleep and spent of the night
reading papers.
Thursday afternoon. when both Mr., Maxwell and
Mr.. Cow were in the office OF the Assistant District
Attorney and just before the police took the for
mer over TO the Raymond street jail, Mr.. Cow
asked him If he had any money Il haven't a cent
in the world" replied the former bank president
feeling in his pockets. Take this then" said Mr.
Cow. handing his three 81 bills; lit is every cent
have and you will probably want TO buy some
thing during the night"
One man once connected with the Borough Bank
who expects TO be indicted has made preparations
TO fight an attempt the part OF the police to
photograph him for the Rogues Gallery or 10 meas
ure him under the Berton system He engaged
counsel, It is said. and advised that the police
had authority either to photograph or measure
him.
The following is the list of loans made by the
Jenkins Trust Company to clerks IN the office of
the Jenkins Brokerage Company: