Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1909-11-11
ALLEN INDICTED
ON 26 COUNTS
ARRAIGNED BEFORE JUDGE SAN
BORN AND PLEADS NOT
GUILTY.
INDICTMENT CHARGES DEFEND.
ANT WITH EMBEZZLEMENT
OF NEARLY 100000.

La Crosse, Wis, Nov. Phillip Al
len, Jr., alleged wrecker of the First
National bank at Mineral Point, was
arraigned before Judge Sanborn here
yesterday on an indictment contain
ing 26 counts. He pleaded not guilty
through his attorney, Vroman Mason,
and had his bail reduced from 100000
to $4,000. The trial will be held in
Madison in December. Judge Sanborn
announced that the prisoner has been
returned to the Dane county Jail.
The indictment charges Allen with
the defalcations amounting to nearly
100000, although it is understood
that his total shortage, including the
estates and trust funds he is accused
of looting, will amount to between
100000 and $7O00O0 To cover up
| the embezzlement, it is alleged, false
entries were made in books, notes
were discounted for fictitious persons,
false reports were made to the comp
trOller OF the currency, certificates of
deposits were Issued and money taken
in for them pocketed by the defendant,
and other Irregularities practiced by
means of which the defendant was
able to fraudulently take from the
funds of the bank and shareholders
thousands of dollars.
In the first Is of the 26 counts, AL
len is charged with having received
and taken into his possession certain
sums of money and credits, and hay
ing Wilfully and unlawfulIy embezzled
approximately $4,000 and converted
the same to his own use.
In the fourteenth count. Allen is
charged with issuing a certificate of
deposit for $4,000 to Adam Bauer and
neglecting to record the same on the
books, so that there was nothing to
show what had become of the money.
The same irregularity is charged
against him in the fifteenth count in
which a certificate Of deposit was is
sued to Mary A Jones for $4,000, and
in the seventeenth count, where a GER
tifcate for $4,000 was issued to Eliz-
abeth Thomas.
The charge made in the eighteenth
count is that Philip Allen cOntrived to
make i appear in a report to the
comptroller, which was signed by
Frank E. Hanscom, cashier, and which
should have been prepared by the lat
| ter, that the bank on September 1,
1909 had loans and discounts amount
ing to $467, 417.83, when in reality the
item should have been reported as
$3O8,00
The nineteenth count alleges that
on September 1, 1908, the report,
which was also signed by Mr.. Hans
com, set forth that the banks loans
and discounts were $52456499, while
the true amount was $512,G8499.
The twentieth count alleges that in
a report to the comptroller of the
currency Of the condition of the bank
made on February 5, 1909. signed by
Hanscom, it was set forth that there
was due the bank from the First Ma
tiOnal bank of Chicago the sum of
$24,76728, while the real amount due
was only $14,76728.
III the LW6nCy-nfSC count 1t is al
legged that Hanscom's report of the
condition of the bank on June %, 1909.
showed under the item of cover
drafts" the sum of $8,848.O9, when it
should have been $13,848.09. Under
the heading due from approved re-
serve agents." there was inscribed the
amount $35,341.46 when the amount
so recorded should have been $25,
1t is also claimed that where it was
represented that there was due from
the Wisconsin National bank the sum
of $1S,38219, the amount should have
read $8,38219.
The twenty-secOnd count sets forth
the allegation that on June q, 1909,
Allen caused an item to be inserted
in the daybook tending to show that
he had RENTED to the Wisconsin Ma
tional bank $4,000, when in reality
no portion of this sum was sent.
In the twenty-third count it is
charged that a fraudulent note for
$1,000, purporting to be made out by
the IVO Mining company, was dis
counted by Mr. Allen, the inference
So