The Montgomery advertiser., 1907-11-19
JOHN WALSH TRIAL
IRREGULARITIES ON BANK BOOKS
 ARE SHOWN.
National Bank Examiner on Witness stand And Shows Missapplication of Funds of ChlcagO's Defunct
 Bank.

Chicago. Nov, 1S-Judge Anderson in the trial of John R. Walsh. today ruled that the books of the Chicago National Bank and of the other Walsh enterprises, constituted competent evil dence and that counsel for Walsh had no constitutional right to exclude them.
 Following up this victory, the prose- cution through the testimony Of National Bank Examiner E. P. Moxey, proceeded to trace six instances of al- legged Irregularities in accounts. which 1t is contended. indicate misappiica- ton of the funds of the Chicago National Bank by its former president. That MT. Moxey was permitted to testi- fy as an expert in accounts. was due to another ruling by the court who declared his testimony admissible after the defendants attorney had made every effort to have 1t excluded.
 From book to book throughout the afternoon, the bank examiner traced financial transactions and pointed out connecting links through a mass of figures and at the close of the session. 1t appeared that the task would keep him occupied for days. Mir. Moxey's testimony, given in a straightforward manner but with frequent interrup- tions by counsel for the defense. was in substance. that on February 1, 1904, the discount Register of the Chicago National Bank showed & memorandum note for $92.000 secured by certificates for $I00, in Illinois Southern rail- road bonds and that on the same day. the proceeds, amounting to $90, ,700.11 were credited to MT Walsh's personal account He said that MT. Walshts ac- count was charged on the same day with three checks. one of $25,000 and another of $35.000 to the Southern Indiana Railway and a third for S25,- 900 to the Illinois Southern.
 He further showed that on March 80. 1907, the discount register records memorandum note for $92,0O0 with the same security as the other and that the proceeds of the discounted note, $91, ,356 were credited on the same day to MT. Walsh's personal account. Further he showed that on the same date 5000 was paid to The Chicago Chronicle; $25.000 to the Illinois Southern. and $25,0O0 to the Southern Indiana, the amounts being charged to Walsh's ac- count and credited to the railways and the newspapers account on books of the bank.
 A purchase of 6O.O00 Southern Indi- ana ( per cent bonds at 9b appeared on the books as of date April IS. 1904. the witness said. and $47.911.11 was placed to Walsh's credit. In the same day The Chronicle was credited with SEQ. 900 and the Southern Indiana with ESQ., GOO.
 Ten days later. 32.OOo Southern In- diana bonds were bought by the bank at 95. aggregating $30.69S and follow ing the same procedure, $25.0OO was paid to the Illinois Southern Railway
 On May 3. 1904, there appeared on the discount register a memorandum note signed "I. S. Horan" for s92,000, se- cured by bonds of the Walsh railroads and on other dates in the same year. similar notes of 592,00O each signed by different persons. were recorded with the proceeds charged to Mir. Walsh's account and paid out in various sums to the Southern Indiana, Illinois South ern and The Chicago Chronicle.