New-York tribune., 1907-12-01
@seoA"as &De@ @"ssa
One Of Mr. Browns statements regarding 'he
loans made by the International is as follows:

One of Mr.. Browns statements regarding 'Ilo
loans made by the international is as follows:
,,S October as FOR u @ tRe Ne ad cashier Of the
Oriental Bank. The security was the STOCK ol soIs
nf the Company is the Pearl square Hole Auger
Manufacturing Company. on October 1s 3 he drew
on October q he drew out $3.50
The report of Frank L. Bapst. receiver OF the
Williamsburg Trust Company. Of which Frank
Jenkins was president. states that demand loans
were made to clerks In the T. & j. g. Jenkins,
Jr. Brokerage Company as follows:
Waldo T. Hunter. C
AlS:r' s;sals,s ss5SS ss 5sS
Fred Jenkins. member OF the firm. had a loan
of $4,000.
The firm guaranteed the loans. but there is
another loan % Sill 800 to c. II. Reuter-. which
is not guaranteed. aud for which. Mr.. Barst
SAYS collateral estimated TO be worth only SI3r-
las was put up J. G. Jenkins sr,, is said 10
have told the bank examinN he was responsible
for the loan and would pay it If he had the
funds There is loan to James L. Hart. a
sou-in-!aw OF the elder Mr.. Jankins. for S35.0t0
the collateral for which. according to the
ceiver has an estimated value OF only Sf2 400
On all these loans aggregating Si16,oO0. the
receiver says there is estimated loss OF
100000
The report goes to show the various trans
actions of the directors with the trust company
and the state of their accounts at the time OF
suspension. Anthony n Brady had no funds
on deposit and no loans outstanding. ]. q.
Jenkins ST.. had deposits and demand
loan of SAB $50 80 The williamsburg City Fire
Insurance Company. of which Marshall $.
briggs. director OF the Williamsburg Trust
Company is president. drew out $4,000 of a
oil On
the morning of October -. The firm of Cooney.
Ecksten & Co, of which ]. J. Cooney. direc-
tor is a member. drew out $4,000 the day the
bank suspended. and $4,000 the day before
leaving q balance of about $500. on the day
the bank suspended Willard +. Reid director,
had a balance of S6.1 49, 81 and was liable
indorser to the amount of S5.iOO. Ada X. Reid
his wife, was indebted to the company for
$50 900. on q loan made 10 her.
The Kings County December grand jury will
find a number of things still to be probed in
the affairs of the Borough Bank. Martin W.
Littleton counsel for William Cow. under
eral indictments for transactions in connection
with this bank made savage attack yesterday
on one Of the directors who has been largely
instrumental in getting the former officials to
turn their property over to the bank. Mr.. Lit
tleton says that Mr.. Cow was abused and
sailed by this director at the meetings subse-
quent to the suspension in a manner which
under ordinary circumstances would require
that the director be throttled and thrown out
of the roon" Mr.. Littleton refers TO the making
over of property to the bank by Mr.. Cow. and
adds
I am informed that the very men who abused
him ard who still circulate false statements about
him permitted their friends. after the bank had
been closed. to bring hand satchels and take of
the hank large sums Of money Thus while Mr.
Cow was endeavoring to the depostors from
loss those who hypocritcaily pretend 10 be
forming the banh were stealthly paying out Its
funds to their friends.
Mr. Littleton denied that Mr. Cow had oper-
ated in the stock market In recent years. and
denied that Mr.. Cow deserted Mr.. Maxwell when
the latter was in the Raymond street Jail for
four days.
1t is said that the records OF the Borough
Bank will show that a series of checks were
drawn up on the last day before the bank sus-
pended in such way that certain persons were
able to clear up their accounts by paying off
loans with deposits and releasing their coll
lateral
Justice Burr IN the Brooklyn Supreme Court,
Yesterday reserved decision application
of Mr. Littleton for mandamus compelling the
Police Department to surrender the picture and
the Bertilion measurement OF William Cow,
taken the day OF his arrest