Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-04-02
EDDLEMAN AND NOLAN
HELD IN SUM OF $50, 600
BAIL TO GRAND JURY
CONTINUED from Fake -

NJ. Newman, one Of the directors of
the closed bank, was sworn. He knew
little or nothing about the inside work
ings OF the bank He heard Nolan
had resigned. but was not present at
the meeting OF the board of directors
at which his resignation was read. He
knew of no board meeting since Janu-
airy /, 1908, and had no knowledge of
the $1,000 charged TO the First Ma
tional Bank of FL Paso and later cred
tied to President Eddleman's account.
Mr.. Newman was not cross-examined.
Scott Whaley, vice-president of the
bank for several years, did not recall
any conversation he had with Presi-
dent Eddleman authorizing the FL Pa
so transaction. He remembered of
Eddleman mentioning something about
a note in FL Paso, but recollected no
details of the conversation. He did
not remember having sanctioned any
OF President Eddleman's notes cover
ing the amounts to repay the 5000
which had been paid out OF the bank
funds to the First National Bank of
Ell Paso. Mr.. Whaley said his mem
ory was indistinct on these matters
His answers were all non-committal.
Cashier Gull promised a sensation
when he mentioned the fact that there
had been trouble between some of
the directors and President Eddleman
over the counting Of money in the
bank. He testified that he had been
cashier Of the bank for but two and a
half months. He knew nothing of
the Eddleman notes. He had not
sanctioned them as cashier of the
bank He knew nothing of the en-
tries on which criminal charges were
brought. The ledgers In which these
entries were made were In the care
and under the direction Of President
Eddleman. The note case was also
IN President Eddleman's charge. The
first time he saw the notes was after
Bank Examiner Marshall came in
March. After he had heard of the
trouble between some Of the directors
and President Eddleman over
count of the banks money. Cashier
Gull said he sat in the back ground.
He left the whole matter OF running
the bank to Eddleman. What Gull did
know, IL developed, was hearsay, and
as such was ruled out by Commits
sioner Stanford
District Attorney Alexander asked
Cashier Gull IL he was present when
President Bddleman pointed a pistol
at the head Of one of the directors
who made a move to count the banks
money one day. Attorney Goodrich OBJ
jected to this question and the object
ton was sustained by Commissioner
Stanford.
The governments case closed with
Cults testimony. District Attorney
Alexander asked that the defendant
be held On the evidence submitted.
Attorney Neale. for the defense, ask
ed for dismissal on the ground that no
proof of a crime had been submitted.
He said the government must first
prove that the $1,000 FL Paso trans
action entered on the banks books
was not a legal transaction, and that,
he said, they had not done, Commits
sioner Stanford overruled the request
for a dismissal of the case and or
dered Eddleman held to await the ac-
ton of the grand jury.
President Eddlemar was next
charged with classifying the seminar
nual report of the bank made Deem
| Der 81, 1907. In this report the sum
of s6,741.SS was reported as repre-
senting the banks gross earnings and
profits for the six months previous.
Examiner Marshall on the stand
swore that December 81, 1907, the
sum of 81 900 had been entered in the
banks ledger as having been received
as interest. No such sum of money
was received. Marshall testified. How,
ever a ticket for it was being carried
in the cash drawer with no equivalent
to represent it in the bank. Under
date of December 3, 1907, the sum o.
$4,000 was entered in the banks ledg
er as having been received as inter
est. Nothing but the ticket in the
cash drawer was in the bank for this
entry. There was neither cash or Sc
city given to warrant such an entry
on that date, the examiner swore
Both these amounts were included II
the sum OF s5,741.SS credited in the
semi-annual report as the banks gross
earnings and profits for the ST.
months previous. There was absolute
ly nothing to show for this 5000
given in the banks semiannual re
port. 1t had its existence in fact only
in two pieces OF green pasteboart
tickets, according to the testimony o
Examiner Marshall. g...
President Eddleman was held fo1
the grand jury on this charge with
out evidence being offered by the de
Tense. He was also held on thirC
charge OF making a false entry II
connection with the same transaction
Examiner Marshall was the only wit
ness. ~
Former Cashier J.. h Nolan va,
held on two charges, one of misap
plication of funds in payments mad
on a note for $1,000 signed by Free
Suffer and made payable to the or
der Of r. NJ. Moore. The note was OF
the Citizens Bank & Trus. Company
Il was represented on the note tina
800 shares of Shattuck stock wer'
given as security for this note. Elk
aminer Marshall stated, however, tina
no security was found fl the bank TO
this note when he made his examina
ton on March 20, 1908, and when tn
bank was closed.
|, Nolan was held for the grand jur.
without any evidence from the de
Tense. He was also held on charg
J of classifying an entry on a bank repor
made August %, 1907, when he CAV
s29 ,31S.1T as the amount of Lawful
} money and specie in the bank at tn
close of business on that day. Their
was no such amount of money in tn
bank at that time, Examiner Marshal
, Testified Commissioner Stanford heb
Nolan for the grand jury's action o.
this charge
n District Attorney Alexander at
dressed the court on the amount o
bail that should be fixed. He said tn
} social position and business promin
ence Of the men held warranted