Rocky Ford enterprise., 1908-10-02
STATE RESTS ITS CASE
Defense is Introducing Testimony Regarding
Value of Land Assets.

and Barkley were present. GoddinS,
h said, told them that he had held
meeting with number OF business
men of Rocky Ford. and if the bank
continued in business. he said. they
would have to advance the money for
about 100000 worth of securities held
by the bank. in order that he might
haye this money to use in carrying on
the business.
Pollock identified 20 drafts and pro-
test notices received by the bank from,
Pueblo and from the Interstate Ma
tional bank in Canon City. The to-
tai amount protested was $I4.o6o.
These drafts had all been signed by
| John F. Godding as president and
! some by F. J. Smith as cashier, and
some by d. W. Barkley as assistant
cashier. Some were aftcrward paid.
' either by giving drafts on other places
or by making time deposits.
Pollock was asked about the per-
sonal account of Godding for the pur-
| pose of proving that it was overdrawn
over 5000 during the time he was
| building his residence in Rocky Ford
paid into the bank. Witness replied
that the books show that July 2. 1900.
the account was ovcrdrawn S7.6ooS6
| On that date. witness said. Godding'S
account was credited with cash
item for that amount, and in the
handwriting of Cashier Smith. Dec.
4. 1907. this. together with other cash
, items. he said. amounted to over SIS.
600. The cash book Dec. 81. showed
cash on hand As Sa5.3r5.7S. it was tes-
tihcd. while the actual amount of
cash was only S3.S7I.Sl. the balance
being made up OF these cash items"
The tellcr's cash book showed that
Sept. II, 1000 there had been taken
from the funds of the bank s4,roo
which went to Earl N. Cranston. as
siSnee of the Rocky Mountain Saw
inCs bank.
A copy oi the report made by Gram
ston to the court was placed in evil
dcnee. in which it was set forth that
Godding had owed this bank $4,000.
on which amount 81 900 had been
paid: that he had made diligent search
and could find no proDerty belonging
to Godding. and that Godding had Of
fered TO compromise by paying $.Ioo.
he to receive a quit claim deed for
10 acres OF coal land in Weld conn
ty. near Iongmont, and the court had
~rdered this settlement made.
The next witness was II. I. Max
we'll. who testified that for i8 years
he had done business With tire Roe,sy
Ford State bank. and that about Dee.
IS to 70. 1907. Godding told him he
was having hard time getting mon
ey. from Kansas City. Chicago and
other Eastern banks and asked writ
ness. instead Of buying drafts. to send
his individual checks to parties from
whom he purchased goods. and that
he did so.
He said that later. before the bank
olcsed. and also after that event. y
drafts which he had sent. amounting
to over 500. on the Hanover Nation
al of Chicago. and the First Nation
al Of Pueblo. had been protested and
returned to him. also that checks
amounting TO Sr.4,7..r had been pro-
tested and return to him. and that he
had to pay these amounts He swore
that Dec. n. 1907. Godding came in
to his store snd asked him how much
money he had in his safe. He said
Godding exclaimed: "Sou are holding
cut on me. III bet you have S7.soo
in your safe" !
"I told him." said witness. az hst
enough to do business on. that the
bank had refused to grant the m-r-
chants credit. that they were holding
money to do business on and that [
didn't think he. had any business to
be sore on me-"
The court then ruled as to adm's-
sion OF the tax schedule. taken TN Ter
adr:>cment from the day before. that
unt.r the law the schedule could be
admitted.
r J.. Spencer. president of tr. ON
mental Audi. Co. Of Denver. was call
cd to she stand at the opening ,f
court or Monday. He was taken care
fully over the books of the 1.fr-ct
bank by the prosecution and asked
to explain the various cntrir: ~ an
effosi to show that Mr.. G,"if.ny IS
entirely responsible for the fl.i.u. o!
III: bank. He gave dates and .irr ans
OF alleged deposits OF the P"cky Ford
b,nk with the Lincoln Nat .'nai winch
were r,vcr entered on the oo''ks OF
TIC !aiici. II was supposed ti'a- the
total amount deposited with the Chi
cago institution was $1,000. but the
witness declared that these entries
had been made by the defendant TO
cover ur his personal notes to the
amount of SI4.4oo. He declared that
these notes were taken up by God
ding without the. payment of a dollar
to the bank and deposit Of $500 was
entered TO his credit.
The witness called attention to the
fact that on June ~. 1904. the books
OF the bank showed that notes ag.
grcgating s,2.osioS. were paid but
that the entries failed to show whose
notes were taken ZIP. On the same
day entries showed that $4,000 were
spent for stocks and bonds and an
other expenditure of S7.6sio oS was re-
corded marked &C. l." Following this
a deposit slip was made out to God
ding for S32.os4os.
The witness stated that during his
examination of the banks resources
lie had been unable to find any stocks
or bonds though the entries in the