The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-03-30
CHILDREN SIGNED
FOR LARGE SUMS
I'M cREELMAN's CHICAGO BANK
AND OTHERS GOT THE
MONEY.
ingenious Methods Employed to Pre-
vent Discovery Of Banks Real
condition-Former Judge
Smith in Bad Light

Chicago. March 20. Yesterday
story of the proceedings in The case
hi the dafunct Creelman bank Of Cal
caro- gave interesting deals Of tran
sactions In the bank. In which this
Creolnlans were involved Daniel j
Healey. receiver of the bank. told Of
evidences OF indebtedness he'd by the
bank In lien of casa Mr. Henley
testified in detail IN regard 10 notes
Subscribed" by Judge Smith, G. f
Sorrow, and j. V. Pierce to offset
cash subscriptions by olher stock
holders whom they had interested 10
the ank In these notes. which We're
signed by children, housemaiis and
employees Of drug stores, Judge Smith
ii said to have Subscribed $5G473
Mr.. Sorrow s639Gc95. and Mr. Pierce
s4s,350.
Notes Signed BY Children.
Names appended TO some OF the
notes exhibited with the amounts for
which they are made out, are:
e. Fl. Smith, nephew Of Judge
Smith, formerly employed by the
Knickerbocker Ice company as al
clerk s24,10S
T. g. Muller. a personal friend of
Sorrows; $4,000.
G. G. Webb, Mueller's wife. the
name used being thar Mrs Mnller's
first husbard. $2.750
Mamie kaufman, domestic In Sor-
rows home: S9.575.
Beatrice Irmgode. sorrows daugh
ter, II years old, the name used being
assumed sG.5l5 25
Ferdinand Jones. Sorrows son. l0t
years old ss,755.25.
Thel asst two notes were made cut |
and signed in the crude handwriting /
of school children
Mr.. Healy testified that r. =. Creel- |
man and his son. F. NJ. creelman, /
turned In notes. signed or Endorsed BY
them, 10 the amount of s40.s49 and /
$50. 100, respectively Both are now in
bankruptcy.
ingenious Methods.
An Illuminating example 1f meth |
eds, attributed to former Judge Smith I
and his associates, Is contained In
the experience Of Isaac n Perry.
president of the Federal National
bank watch Mr. Perry will narrate
next week on the witness stand. ac
cording To plans announced by Ho-
bart p. Young. assistant states attor-
nev in charge of the prosecution.
III Mr. Pc.ry's story which was told
nrs ginally to be grand jury but was
not made public Ia Its details. has to
do with the adventures of a $4,000
check and confiding state bank ex
aminer. According 10 Mr.. Perry's
story to the grand jury the aneedote
runs something as follows:
On Dec. |. 1905 the day before the
Bank Of Americas charter was due
TO arrive from Springfield. il was
found that OF the $4,000 worth OF
stock subscribed BY f. T. CFeelman 1
as one Of the organizers only $4,000
had been paid Mr.. Creelman was nm
able to obtain the necessary $4,000 (
through loans. SO more simple
method was resoried to.
Creelran Gets Cashiers Check.
A cashier s check OF the embryo
Bank of America was issued to Mr.
Creelman for $4,000. This was taken
TO the Federal National bank. where
Creelman had a nominal account, and |
deposited In return President Perry
issued certified check for the same
amount. agreeing to keep The Bank [
,f America check out of the clearing
house forty-eight hours.
Then the Federal National paper 4
was deposited as cash item for the
Bank of America, the total sock
s27l 900 declared salts 4
factory by the bark examiner. and
he charter issued Subsequently the
natter was adjusted with MIR. Perry
. the depletion Of the Bank Of Amer \
cas- stock subserip'io ion. {
IN his testimony before the grand
ury, Il Is said. Mr.. Perry admitted
haf the unconventionality of a check =
seued hv a hank without y charter ?