New-York tribune., 1911-11-18
SUM UP CUMM|NS CASE
Decision as to Alleged S140,OOO
Theft Expected Monday.
is CALLED A HYPN0TIST
Prosecutor Says Man Who Could
Get Money From Andrew Car
negie Could Fool Others.

Counsel for both sides summed up YES
tcrday in the trial of William }. Cummins.
accused of stealing $4,000 from the Nine
teeuth Ward Bank and the Carnegie Trust
Company Justice Vernon NJ. Davis will
charge the jury Monday morning. and that
body viii then retire to decide whether
Cummns deceived Bradley Martin. jr., into
lending him this money or not
Prank Moss. Assistant District Attorney
who summed mp for the people. declared
that Cummns came up here from Nash-
VILE with the avowed purpose OF using
New York bank TO finance his many indus-
trial interests I'm tho South. and that atter
using all the money of Carnegie trust
depositors ne could get mold of for TINS
purpose ne took advantage of the SITUATION
created by the robbery Of Warner NJ van
Norden by two women, and the sonse-
ouent pressure brought to bear by various
hanks to force payment of Van Nordeh
Trust Company loans. TO wheedlc $liOVo
out of Bradley Martin. ir.. as president oil
the Nineteenth Ward Bank. The bank
stock was held as collateral against the
Van Norden loans as well as the stock oil
the Twelfth Ward Bank. and Mr. Martin
was exceedingly anxious to keep this col
lateral from being forced on the market
II Is admitted that the money was used
TO 2 large extent for the benefit of Cum
mius's companies Bradley Martin testified
that he caused his bank to lend il on the
understanding that it should be used eN-
Clusively for retiring Van Norden loans
This was the understanding also of Martin
a. Condor. one of the "Cummns associ-
stes" whose son married Cummins
daughter. and Of Watkins Crockett, presi-
dent of tho Van Norden Trust Company
and Cumminss brother-in-law.
But Max u. Steuer, counsel for cum
minis. contended that his client. in apply
ing the $4,000 for the benefit of himself
his friends and his companies, was saving
tho general situation involving the car
negie Trust Company. the Van Norden
Trust Company the Nineteenth ana
Twelfth Ward banks and the Cummins
industrals and that he made this purpose
plain on borrowing the money. I'm sup
port of this contention he has the testl-
muny of Cummins himself of Joseph b.
Reichmsnn. former president of the car
negio Trust Company, who has been CON
Ncted of signing a false report to the
state Banking Department, and of Gustav
Baumann. proprietor of the Holland House
and 4 director of the Van Norden Trust
Company Mr. Baumann testified yester-
day concerning the meeting of the Van
Norden directors at which the loan was
discussed:
We'll, We met and Mr Reichmann and
Mr. Martin and Nh Cummins told us
about the general situation. Mr.. Martin
told MS how necessary it was for us to
an
Reichmann told us how necessary it was
for us to protect Carnegie Trust Company
stock and said Mr Dickinson was Offering
large blocks for sale Then Mr. Cummins
told ms his plans for meeting the stua-
ton"
Mr. Steucr emphasized the testimony OF
Bradley Martin, jr, that Cummns had i'm
formed him on several occasions after the
loan had been made that ne was not using
tle money TO retire Van Norden loans but
uat. instead. he was substituting for Van
Nordcu notes in the various banks notes OF
h. Subordiuates guaranteed by him and
Eeichmaun. condor ana Moore This, said
Steuer was evidence that Martin knew all
along that the money was not TO be used
for this exclusive purpose
But Mr.. Moss recalled Martins testimony
early in the trial that Cummins had told
him. when ne complained of the delay in
PAVING off Van Norden loans, that his
money was being held by the Carnegie
Trust Company. The Assistant District At
torney pointed out that Martin denied
knowing anything of what was actually
being done with the money
Cummins hypnotzed his associates. said
Mr.. Moss with his Colonel Sellers atti-
tude Of great things coming" and espe-
clally Bradley Martin, jr, the best man
among them
''Oh, how he fell for Uncle Bill cried
Mr.. Moss But 1 say 10 you that this
man, who could squeeze juice out of such
dry lemon as the Carnegie Trust Company
and could get money out Of Andrew Car
negie. that doughty Scot. could easily fool
the class Of men with which he associated
himself"