New-York tribune., 1907-11-22
BANK ARRESTS.
Continued from first page.

J of him. however and were still trying TO find
him when he walked in to surrender himself.
Mr.. Maxwell reached Headquarters while Mr.
| Cow being measured. The two prisoners
| did not speak to each other, and apparently did
! not notice each other. OF the two, Mr.. Cow was
far the more cheerful. Mr. Maxwell appeared
! to be dazed, and did not seem TO know what he
doing.
MR.. LITTLETON PROTESTS.
Leaving Headquarters. they were brought
back and arraigned before Judge Fawcett Mr..
Cow was first brought to the bar. He pleaded
not guilty to each of the five indictments. Then
Mr.. Littleton, his counsel, addressed the court.
Your honor" he said, "the fact that the pris-
oner has decided everything he has in the world
to the Borough Bank to settle his obligations
should be argument for admitting him TO
moderate bail Remember he lives always un-
der the presumption of innocence until proved
guilty. But I want to protest against the ac-
tion of the police this afternoon. They took
him from the Assistant District Attorneys Of
fee while 1 was out arranging for his bail, and
had hin. measured and photographed for the
rogues gallery. 1t outrage. 1t was
unjust There is no excuse for such action on
their part. and cannot protest too strongly"
Mr. Maxwell then arraigned. He, too,
pleaded not guilty to each indictment His
counsel, in addressing the court. asked that bail
be set at $4,000. Judge Foster however. made
it $4,000 for each indictment. He permitted
the prisoners TO return to the Office of the AS
sistant District Attorney while final arrange
ments for furnishing bail were made.
AS some of Mr.. Maxwell's friends were out of
town he was unable to furnish it and spent the
night in Jail. Mr.. Oeland said that bail would
be furnished to-day. Mr.. Cow was released as
soon as the final formalities in giving ball were
finished He himself furnished $500 of the
required amount in cash.
Neither Mr.. Cow nor Mr.. Campbell seemed
especially depressed. Mr.. Maxwell furnished a
marked contrast. Great depression was evil
dent from his manner. Captain Kuhne. head
of the Brooklyn bureau of detectives, said that
his men had only complied with the law in
bringing tina, prisoners TO be photographed and
measured.
MAXIMUM SENTENCE UNDER CHARGES.
Under the provisions of the Penal Code Mr.
Cow could be sentenced to a maximum term Of
twenty-six years in the penitentary; Mr. Max
well, twenty-five years, and Mr.. Campbell ff-
teen years. The maximum penalty for grand
larceny in the first degree IS ten years for for
gerry in the third degree, five years. and for a
misdemeanor two years.
After the grand Jury has finished IT'S investi-
cation OF the affairs OF the Borough Bank II
will investigate those Of the williamsburg Trust
Company and OF the Jenkins Trust Company
The stockholders OF the latter company. at a
meeting last night. appointed H. T. Hill chair
man OF a committee 10 examine the books OF
the bank and the report OF the state bank ex-
aminer and report on them. II the report shows
the condition OF the bank in any way favorable
the stockholders WIFI fight the appointment of
receivers resolution passed expressing
confidence in the present management.
Frank L. Pabst, who was appointed receiver
for the williamsburg Trust Company. took
charge yesterday. There a report yester-
day that officials and directors of the company
had secured enough cash to reopen. Meetings
Of both directors and depositors will be held
tonight and a plan for reopening will be sub
mitted.
The depositors Of the International Trust Com
pany held meeting yesterday. An examlna-
ton of the books OF the company is being made
by counsel for them. and II they make favor
able report the depositors will ratify some plan
by which 1t is hoped the company may resume