The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1910-01-08
STARTLING TESTIMONY IN
THE ANDY JONES TRIAL

the failure ins January. IN his quiet
modest manner, he was able To person
ally identify every one OF the notes i'm
question and from his own knowledge
he was able to state to the jury that
the proceeds Of these notes, which had
the endorsement OF the defunct bank,
was invariably places to. the credit Of
A. 1T. Jones, personal account. Elstad
was on the stand seven different times,
during the day. Each time ne would.
identify some note or draft and then,
retire that those who further handled
the paper might tell of the negotiations.
A certain $500 credited to Jones
personal account Jan. 2, 1907, was
shown to be a part OF the proceeds OF
| five notes sold to the German Ameri-
can National bank Df Lutte Falls, MINI.
%. i. Richie assistant cashier of that
institution. told of their TRANSACTIONS
with Jones. Notes for the following
amounts and signatures were purchas-
ed by them; $1,000 Ed. Erickson; ST.
1000 w. HI. Lamb $1,500, Northwestern
Land Co.; 81, Asa, os.A GoetZ and So
LOCO, A. III. Jones. The remaining $1,464
received from these notes was credited
to the Barton. State bank, OF which
! Jones' was tine PRESIDENT.
On July 23;'1907, Elstad testified that
!. Jones was credited with $1,000 on a
\ note made payable TO the bank
on March 49, 1893 Jones raised ST.
GOO on a like note signed byrT Fred Ely.
His account was fattened $4,000 on the
same date by: ar like note signed by
| Fred Ely and II. III. Hail. On March
81, 1908 two'notes payable TO the bank
for $1,000 and $4,000, signed by John
Bueye and Up! g. 'McCiory, were dis
counted and credited to Jones personal
account. ta~ g
Extended Operations.
on April Is, 1908, Jones extended his
operations to Osakis MIMI where So,
200 worth of paper was marketed. T.
IF. Cotton, former ashier Of the
of the National bank Of Commerce OF
Minneapolis testified that the proceeds
of this sale passed through the bank
Of Commerce, that $4,000 was sent Ic
Zones. the remainder being credited
lElstad 2 told of receiving the $4,000
which was placed to Jones' personal
! credit. All of the notes sold had the
endorsement, of the First National bank
J of Rugby. g Part of the money to take
> I'D ALl6b6r HbI6S was ~
check. signed. by Ed. Erickson for 500
/ Twas issued but. there was mo. account
a It,was checked from Jones1personal &C
: count. Another check from the famous
J Northwestern Sheep Co." was ap
4 piled. re r.
In June, 1908, another block of Rugb!
! paper was semitic Osakis in allotment
i of S1A0O and $4,000. /; f. Cotton, nov
2 of the Northwestern National bank
formerly with the. National Bank o
Commerce of Minneapolis, identified
the drafts which passed through thei
}. bank astthe proceeds Of these sales.
Elstad told--of receiving these ac
q counts at Rugby and at tthe order Q
! Jones, the frenzied yfinanciers persona
account was. credited with the amounts
IT A note signed by Dave Donely, date
. May II, 1908, for $1,000. made payabl
to the First National bank of Rugby
: was. according, TO Elstad, DISCOUNTS
:" and at Jones order, placed to bis per
i sonal account. "A note signed by Fran
= Athearn,s for $1,000. in like form, wa
placed to sIepes' account. A note sim
1 lilarly drawn. 4 Melted Jones, $2,400 O
il Sept. IA, 1905 It,bpre the. -signatur
n OFF,. =. SimontoHs II was In the iden
n | tification of, this 4paBer1 that, court ad
II journed for the dayso s-.is -
: Special admonitien was given tn
d jury against any attempt TO infiuenc