The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-05-12
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accounts, negotiated loans and carried as

cash items In his daily settlements amounts
advanced In payment of checks. returned
drafts, matured notes notes discounted, bills
paid any others. for expense and for himself.
He has talsihed his reports of December 3.
1909. and OF February IA. 1905, to the COM
nission. also fasifed his cash settlement on
sin different dates. when the examining
committee OF the board of directors were to
ardit HIS accounts. and on one of said dates
October 3. 1000 falslfed the trial balance
made from the general ledger by the book
keeper. He issued April 1, 1907. certi-
t'cate OF ten shares of the stock OF the bank
- 3. e. Cosbill without consideration. and
II cover this transaction he entered under
date Of April l. 1908, a credit to stocks and
bonds in payment of same the sum of s1,s50
same amount on the individual scratcher.
He posted these items himself to the general
and individual ledgcrs as of April !. 1907.
changing the totals of both receipts and dis
bursements on the general scratcher as
corded by the bookkeeper. He admitted that
these entries and alterations We're not made
on April i. 1908, but on a Inter date, and
that B. E. Cogbill never gave him the check
entered by him. on November 3. 1906. he
which he did not place to It's credit, but in
lieu thereof he gave B. E. Cogbll credit for
II by deducting that amount from the cash
items he was carrying for Cogbil aggregat-
this improper deduction not been made the
amount of cash Items carried by him. as
and on the first of each succeeding month.
would have been Increased by $4,000: thus
showing the true amount actually carried.
CoEbill's Account.
THE account OF B. e. Cogbii showing
the large overdraft of sso.S99.6S. does not
appear on the individual ledger, opened No
y y,.tn 1907. and in use to April IL. 1908.
ledger, made the proper transfer of this ac-
count. but as he informs me. erased it by
order of Cashier Overbey; thus leaving i, on
the previous ledger, the only account so
treated.
Exhibit B3 shows the total indebtedness
to the bank by B. E. Cogbill to be sl7o-
6.i,6S for overdrafts, cash items and loans
and discounts. exclusive of interest, with
contingent liability as indorser for SIS. G7l.77.
| Il am unable to furnish. from want OF
| data, detailed list with accounts and dates
o. the transactions covering many years that
go to make up the sum of s1S.a6691, part
! tened exhibit.
| Mr. overbeS when applied to expressed
every willingness to furnish information. but
stated that it was an impossiblty to make
! up such statement as ! desired.
| The foregoing statements made by me
as to TO- the conduct Of G. Haskins. Jr. cashier
a, Chase City, and E. w. Overbey cashier at
sGEdton, In handling the funds OF the bank
ana as to other irregularities. are fully sus-
famed and verified by exhibits heretofore at
| tached, 10 which respectfully refer you for
| necessary details.
"Exhh: 81 shows overdrafts allowed and
! cash advanced by Cashier 70 ". aOyerhev
without the authority OF the board and his
personal Indebtedness aggregating sl46,-
| r.
drafts as they appear on the ledger on the
| mist OF each month from November, 1902 to
! Arm II. 1908. During the entire year 1905
| ms overdrafts exceeded 500 900 that of July
| isI being the higheet, sl33.s16.l3 at which
aa,e cash items We're carried of S410S65l
Exhibits d.. Do. D4 show where and the
extent to which the report to the commits
SION. as of December 3, 1907 was falsitied
| Exhibits D7. DIS, Do show similar condi
tons as TO the report of February IA. 1a0S
| Financial Exhibit,
Exhibit E5 is a statement of the financial
condition of the bank at the close OF business
on April II, 1905 shown by the led gers
and the entries to be made to correct errors
anu commissions as itemized in Exhibits
-A"-B9. This statement shows
Assets amounting to... s4ss rs, .,
| Deduct stock of bank -
and telephone stock
regarded ONO values 1885 90
| Ellis payable and re-
discounts for the
payment of which
| ample of the above
assets are pledged. $1,000 o5
53,4o4 "a
nno . deno., s4o5,s56 OF
| Due to banks. TlOo %
uipad dividends. -. asa 80
-- s5s.ees II
| &C.,.
A.pius ''.'.'.'.''..', $3.50 so
! II have been unable to obtain suffIcian,,v
Il reliable infor,Oatop a., Sa'''S'Si'tis