Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1910-01-18
SUPREME COURT OF UNITED
STATES TODAY DENIES PET.
TON FOR WRIT OF cERTIoRAR,
AND LAST HoPEsss GONE.
MUST SERVE FIVE
YEARS SENTENCE
FORMER BANKER AND RA,LRoAnI
MAGNATE WILL BE TAKEN Tu
FEDERAL PRISON AT FIT. LEAv.
ENWoRTH IN A FEW DAYS,

washington, d. c., Jan. TT The
petltlon for write of certiorari I'm tba
case OF John r. Walsh, former presi-
dent OF the Chicago national bank or
chicago, under sentence OF five years,
Imprisonment in the federal prison at
Leavenworth, Kas., on the charge of
mlsapplying the funds of the bank
was denied today by the supreme,conrt
of the United States
Last Chapter In Hard Fioht.
Chlcago, Jan. 1.-THE denial of tha
walsh petition by the supreme court
OF the United States closes the Iast
chapter in the history of long fight
Tor freedom. The convicted baniser
Is now powerless to proceed further in
his eHorts to escape the prison bars.
me one-time bank president and
railroad financier, who is now 72 yeara
Old, Will within a few days be con-
vlct in the federal prison at Fort
LeaVenworth, where he will begin the
sentence of five years imposed upon
MIN by United States District Judge
Anderson on March 3, 1908
Has Been In MarshaI's CUSTODY.
After the Unfted States circuit court
OF appeals had refused Walsh a re.
nearing and denied his petition for
stay OF Judgment, bail was withdrawn
ana at the request of his counsel the
court placed him in special custody
OIL United States marshal, where he
remained pending the outcome Of his
petition to the supreme court Of the
United States. This leniency was
granted in order that Walsh might ar
range his personal affairs preparatory
to possible imprisonment. !,
History of His Case.
January 10, 1908, Walsh was con-
v1cted of misapDlication of the funds
OF the Chicago National bank Of which
he was president and March 8 or the
same year motion for new trial
overruled and he was sentenced to five
years imprisonment. The same day ha
was released on a supersedeas and im-
med1ately appealed. his case. but the
United States circuit court of appeals
after fifteen months affirmed the sem
tence. December 3, last the same
court denied Walsh's petition for a re.
hearing and the case was finally re.
ferred to the supreme court, which re-
fused to review it.
Affairs Strengthened Out.
EVerY element of WalSh'S financial
affairs, 1t is said. has been straighten-
ed out with the settlement Of the ST..
121887 clearing house note, which is
expected to be reached today Certain
of the heirs of the late John M. Snyth.
one of the guarantors of the tnstru-
ment, have not yet signed the agrees.
ment. These heirs have been making a
closer examination of the articles oi
agreement, and it is said, Will be ready
to afffx their signatures at q confer
ence called for today.
Walsh and his two sons, John w.
and Richard w. Walsh. have alread1
signed the agreement. and all OF tho
Walsh railroad. coal and quarry prop.
critics have been turned over to tha
First Trust and Sayings bank as tr11s-
tee for the clearing house banks. Thig
was the last act on Walsh's part nee
essary to settle the note given by John
r. Walsh Sc Co, and guaranteed bv se-
curities having q par value Of $14,039.-
600.
Walsh's Affairs UntanqIed.
With the settlement of the note
Walsh's tangled affairs were In shape
and he was ready for the courts final
decision.
Friends say the private holdings OF
the banker, which amounts to $500. 600,
saved from his $40, ,o00 900 fortune. will
be handled by his sons and one or two
of his close business associates.