The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-06-17
REICHMANN JUROR LET OUT
morn SIDES AGREE. BIT
NEITHER VIII TELL WY.
George u. isud' png Toid He's Not Needed
says i,c's Noi the George DudiOug
VINO Was \ccuscd Of Asking SsS Ia
stop a right against Fort George.

| George n Budlong. a juror in the case
of Joseph B. Reichmann. former president
of the Carnegie Trust Company. who is
on trial for making a false report to the
State Banking Depar, ment. was excused
yesterday 10y consent. Before II was
announced that he was excused District
Attorney Whitman and John B. Stanch-
field. counsel for the defence, held a
whispered conversation with Justice
Davis
Neither Mr. Stanchfeld nor the District
Attorney would tell what made them
change their minds about the eighth
Juror District Attorney Whitman said
that information had reached him which
led him TO decide that If would be impossi-
bile for Mr. Budlong to sit IN that par
iicilar case.
Mr. BidlonC. whose home IL at III
Wadsworth avenue. was unable to tell
! why he was excused after the jury had
I been chosen over the telephone he said
| last nj ght that he was not the George
Budlong who in 1905 was chairman OF
committee Of property owners in Morris
Heights That Gsorge Budlong was
charged with demanding s13 to persuade
the committee to drop their fight against
amusct ctnent places in Fort George. That >
all lie" said Mr.. Budlong, the ex- juror.
last night when he was told Of Mr.. Bud
long. the committee man. II. said that
neither he nor any relative had served
on such a committee and that he did not
know why he had been excused. Both
George n. Budlong. the talesman. ana
George Budlong, the chairman. are archi-
tec,s In 1908 the latter lived at 1877
[ tndo-clif avenue. The Bronx
| Subpoena servers were sent ont at once
to gather as many talesmen as they could
and early in ia" afternoon Harry f. Roby
was chosen to take the eighth chair.
! Mr. Stanchiied moved tn dismiss the
indictment agiins, his client saying
,ha, it was not specified where the alleged
offence WAS committed.
Assistant District ATTORNEY Clark out-
| lifed ,h. prosecut ion s case for the Jury.
! Corporate ions. he said. were compelled
hv law to make quarterly reports so that
the public would know what condition
they we're in.
defence. objected Ne said that the
, lurv should not be given the imprs ssion
that the report made September $ was
one which was required 10y law. The
Carnegie Trust Company. he said. was
, Incorporated under a special charter
, which made necessary semi-annual re-
ports only.
District Attorney Whitman read the
: section of the charter referring to the
matter and Justice Davis overruled the
objection.
NJ Clark said that the State would
show that the report signed hv the de-
f.udant September was false in three
! par,i ,i,ars and that the defendant knew 1t d.
| The report stated said Mr. Clark, that the
company had no contingent liabilities when
the Nineteenth Ward Bank held three notes =
agCregating s5D.p1 which the Carnegie
! Trust Company had indorsed. The report
stated that the company had no borrowed
monev. They had. said Mr.. Clark,
| si3ooO borrowed from the Northern
Bank. although the form Of the trans
action had been changed so that it ap-
pcared To- I've IA participation agreement.
To change the form, he said, they altered
the minutes of the executive committee
of the trus, company and destroyed the
note. Nearly S2HvO of the sum noted in
the report as due from banks said
Mr.. Clark. was purely fictitious, made up
OF paper transactions, covers for over
drafts and Illegal advances to corpora
tions and concerns in which Reichmann
| was Interested.
Mr. Clark will finish Monday