The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1907-06-27
IS OTHER BANKERS
TO KEEP C. C. KING
COMPANY IN PRISON
Scotland Bank Wrecker Joins
Colony of His Kind in
.t Leavenworth.


king, president of the defunct First
National bank of Scotland is now in
prison at Leavenworth under five years
sentence. He is the fourteenth banker
under sentence at this time to arrive at
the Kansas penitentiary. The others
are: -.
Frank G. Bigelow, president First Nat
ional bank, Milwaukee, Wis; 81 years old;
sentenced for 10 years from June, IL, 1905
good time" term expires on FEBRUARY ~
Henry @. Coll, cashier First National
bank, Milwaukee; 3S years old; sentenced
for 10 years from May :; 1905 So,a good time
Justus L. Broderick, president First
National bank, Elkhart Ind. 81 years OLD;
10 years from April q, 1901 good time"
Wilson L. Collins, cashier First National
bank, Elkhart, Ind $ years old; six
years from April "a 1904; good time" ex-
ptres September Is, 1908 ..a,
Waiter Brown, director First National
bank, Elkhart, Ind. @ years OLD; eight
years from April q, 1904; good time ex-
pires March B. 1910.
bank. McGreeor, Tex; II years old; fivee
years from March 8. 1904; good time"
term expires November 3, 1907. -
county Gnd1 National bank; so years old;
eight years from January %, 1905; good
time" term expires December IL, 1911; :,
Alfred 9; Parker cashier First National Iai
years from May Is. 1904; good time" term
expires on January 28, 1908 :
Cyrus Il. McCrady. cashier First Natio-
years from May IS, 1904; good time" term
expires October q, 1908
John H. Wood, cashier First National
bank, Matthew'S, Ind; A years old; six
JannQrV O. good
term expores June 3, 1909. $685..
Robert B. Taylor banker-forger, st.
Louis, No; 20 years old; iiys years ears, from en
pires April Il. 1905
Herman Haass, Chicago. transferred
Francis B. Wright, Kane county, Ill.
Statement of Scotland Bank.
Following is a report of Kings transac-
ton published by the Citizens Republican,
whose editor had free access to the bank
books for nearly two months when clerk
under Receiver Landmann:
When the First National bank was
closed by the examiner February q 1907,
the total assets of the institution were
listed at $lo4.sSos4s OF these more than
one-third as doubtful Among the worth
less list was Included a bunch OF certi-
ficates of deposit issued by the old Bank
of Scotland which went out OF existence
when the First National was organized.
These certificates to the amount of ST.
77T.84 had been redeemed by the First
National, and were being carried as bills
receivable. There were school warrants
amounting to S1,94619 that had been sold
to a bank in Sioux City but stiil carried
as assets: notes to the amount OF $6,-
433. 13 held as collateral by a bank In Sioux
City to secure loan Of 1850 and also to
secure the payment of over Ml GOO worth
of notes that had been sold with guaran-
tee of payment. Unsecured notes signed
IN
amounting to $500, and his notes signed
by ]. p Resner, his wife and son amount
ing to &,7l5, besides bunch of fictitious
notes amounting to many thousands of
dollars In the doubtful list were shares
Of stock in the Mitchell Gas company, car
ried at s13, 3,9S495 bonds Of the company of
$500, and notes signed by the company or
k6,0l7.33. The total cash on hand at the
time of closing was only s, ,322 40. The,
banking house and fixtures were valued at
S90T.l8, but had been we'll sold at $500.
The liabilities of the bank consist of
claims proved at about $4,000, Of which
6,456.75 were filed as special claims.