The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1907-09-05
Wreck Is Caused by 1ncapacity to
Manage or By Wrong Use
of the Funds.
POSSIBILITY CAUSED By BOTH
Declares Judge Lynch to the Jury
and Ccsspool is Menace
to Health.

The grand jury was instructed
Tuesday morning by Judge Charles
w. Lynch of the circuit court in a
supplemental charge to Investigate
thoroughly the affairs OF the defunct
eureka Loan & Building association,
and to return indictments, II 1t found
the evidence warranted such action.
jury that he had overlooked some
evident the affairs Of the association
had been mismanaged, that is that
there was an incapacity to manage
successfully the association, or per-
haps. worse than that, dishonesty in
handling the funds.
In giving this special charge
Judge Lynch Informed the grand
jury that he had overlooked some
matters Monday in charging it, and,
hence, gave 1T the special charge,
The Judge told the grand jury 10
examine the subject carefully and
give 1t such investigation as She I'M
portance of the subject demanded,
and govern itself according to the
evidence. He stated that the 1850
citation was formed some fifteen years
ago, for the purpose OF enabling peo-
pie to buy and own their own homes,
by the payment of stated dues to the
association and so forth, the idea be-
ing to make 1t protective by intro
lucing new series. 1t continued up
to the fourteenth annual series, and
during the first year of this series
collapsed. Instead of aiding the
people in 1t, 1t took from them what
they had and left them in worse con
ditton than before. 1t was found
that its liabilities were something
like $4,000 and It's assets greatly
lisproportionate.
This wreck was brought about By
one of two things, or by both, Judge
Lynch expressed himself as believ-
ing. One was the incapacity 4
those in charge OF the association TO
manage 1t, or the other even worse
than that, some we're not honest in
their dealings with the association.
Perhaps, both brought about the col
lapse. 1t is charged there was i'm
proper use OF the funds OF the as
lociation.
The matter is one of Importance
not only to those accused hut also
to those. whose savings we're lost,
and those responsible for it, If there
be such and the evidence shows that
state OF affairs, should be severely
punished
The jury was instructed TO he
careful in the investigation, to do IT
dispassionately so far as possible.
and fearlessly, and, II 1t found that
any of the parties connected with the
association had been derellct in their
duties or worse than dishonest
Indictments should be returned
against them no matter who they
are. and, especially should they be
punishehd, II they have been guilty
Of embezzlement OF the funds. "If
YOU find the funds have been lmprop-
erly used, IT is your duty to indict
those who misused them"
Judge Lynch then cautioned the
grand jury in this matter as well as
all others that 1t must govern itself
according to the evidence or in other
words forbid any person talking 70
any of Its members on the subject
outside of the grand jury room He
stated that grand jurors were not to
be told by outsiders what to do. and,
for IT to bring into any and all who
attempted II and he would punish
them. -..--.... --.s,~,
The ubiquitous cesspool the Tele-
gram has labored so hard 10 have
abated was also a subject Judge
Lynch brought to the attention OF
the grand jury He told the jury
whore It is and what 1t is and how
the city and county had failed 10