The sun., 1907-12-01
LErrLETON DEFENDS GOW.


N~-~~~
Martin w. LittIetOn. counsel for william
Cow, the indicted Borough Bank director.
iAsuad a atAtsmsnt yesterday In defence
OF his client and attacking other directors
Of the institution. He denied In the first
place that Cow had speculRtod In the stock
market He declared that his client had
never made any confession before the
board Of directors.
eat the meeting Of the directors OF the
bank" said Mr.. Littleton, @Mr. Cow was
abused and assailed by Mr.. Hurley william
9. Hurleyl in a manner which undeT or
dinary circumstances would require that
Hurley be either thrOttled or thrown out
OF tho room. Mr.. Cow patiently bore the
attacks Of this man. and az allowing his
real concern for the depOsitors he made
over to the bank several hundred thousand
dollars worth OF property. leaving himself
absolutely nothing.
AS against this effort TO save the d g.
positors, am informed that the very men
who abused him and who still circulate
false statements about him permitted
their friends. after the bank had been
closed. 20 bring hand satchels and take
out Of the bank large sums of money. Thus
while Mr. Cow was endeavoring to save
critically pretended to be reforming the bank
were stealthily paying out its funds to their
friends"
Mr.. Littleton denied further that Cow
had deserted Maxwell after the latter had
been put in Jail because OF his failure TO
raise the $4,000 bail Mr.. Littleton said
that his client had given all OF his time
TO the procuring of bail for Maxwell, and
was finally instrumental in bringing about
his release.
Mr.. Littleton said that Cow had never
used FOR his own use or benefit single
dollar of the funds of tie Borough Bank
for which he did not give or has not given
ample security. MIR. Cow MIR. Littleton
declared. respects the law and will meet
the charges against him.
-In the tumuIt and outrage that has
grown out of the tumult, said the lawyer
~Mr. Cow has been abused, misrepresented,
assaulted. 'muRged' and made infamous
by the sheer lawless power OF Police
Department. the most arbitrary in the
civilized world"
The new Grand Jury will take up the
investigation into the Borough Bank affairs
ON I,onday morning. As told in The SUN
toward getting at the exact facts about
the Withdrawals on the day before the
bank suspended,
u was learned yesterday that the books
Of tine bank show that checks Of city
official friend of one Of the bank 5
paid toy the bank on the day before IL closed.
One OF the accounts drawn against had
been inactive for a long time. II is said
that evidence indicated that checks for
S2OOOO of this amount had been cashed
after the closing hours of the bank.
The actual cash was not paid out on
these checks. but they were used to take
up the notes Of insiders held by the bank.
The payment of these notes by check re-
leased good collateral held by the bank.
Whether any arrangement was made be-
tween the insiders and the man who drew
the checks by which he was secured is
unknown.
Samuel S. Whitehouse. counsel for the
directors. denied that any such trans
actions had taken place.
Justice Burr of the Supreme Court heard
arguments yesterday on the application
made by MIR. LittletOD for a writ Of man
damus directing the Police Department to
destroy the photographs which il took Of
William Cow. Justice Burr reserved de-
cision.