Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-01-25

c. j. RIXEY,
President Of the Virginia Safe Deposit
aud Trust Corporation.
Special Correspondence of The Star.
ALEXANDRIA, Va, January p. 1911.
Eight out OF nine presentments con-
tanned in a report submitted by the grand
jury investigating the Virginia Safe De-
post and Trust Corporation to Judge L.
C. Barley in the corporation court yester-
day afternoon are against c. j. Rixey,
president Of the defunct corporation.
Three of the presentments ailege that
Rixey made false entries. the total
amount of which is $7O,121 The FIVE
others allege that Rixey overdrew his &C
count and made false statements concern
ing it.
It is set forth in the ninth presentment
that from the testimony the directors,
other than c. J. Rixey, are free from
criminal wrong, but they placed too much
confidence in one man. Continuing 1t
says:
Company Under Rixey's Control.
1--WE are convinced that the whole man.
agement and direction of the affairs OF
the Virginia Safe Deposit and Trust Cor
poration was absolutely under the con-
troll of its president, c. ]. Rixey."
AS soon as the clerk had finished read
ing the report Of the jury that body was
adjourned over by Judge L. c. Barley
until February next, at which time in
dictments against Rixey will be present
ed to the jury by Commonwealth Attor-
ney Samuel G. Brent for it's consideration
John L. LETTERS OF Norfolk, one of Rix-
ey's attorneys, was present when the re-
port was read and the date Tor reconven-
ing was agreeable to him.
The report OF the Jury has been the
principal topic of conversation on the
streets here today. The jury deltberated
practically five hours before making its
report to the court.
Grand Jury's Report to Judge.
Following is the report made by the
jury to Judge Barley:
1--WE the grand jury in the matter Of
the Virginia Safe Deposit and Trust
Corporation beg leave to report as fol-
lows:
81. Under date Of September !. 1909. c.
]. Rixey, as president of the Virginia Safe
Deposit and Trust Corporation, did GER
tify under oath that the total overdrafrs,
secured and unsecured, or the said cor
poration amounted to the sum of ST.
37772; he also certified that his account
was not overdrawn.
1--WE find the said certified statement to
be knowingly and willfully false in both
particulars, as the books OF the said cor
poration show that upon the said date,
namely, September !. 1909, his account
was overdrawn to the amount Of 81, 63f 10
-. Under date of November III. 1919,
G. j. Rixey, as president of the Virginia
Safe Deposit and Trust Corporation, did
certify TO the state corporation commits
sion that the total oyerdrafts, secured
cOrDOratiOn
amounted to the sum Of $S35.21; he also
did certify that his account was not
overdrawn.
His Account Overdrawn.
I'VE find the said certified statement
to be knowingly and willfully false in
both particulars, as the books of the
said corporation show that upon the
said date, namely, November 10, 1909,
his account was overdrawn to the amount
of s3,612.T1.
49, Under date of January II, 1910. c.
J. Rixey, as president Of the Virginia
Safe Deposit and Trust Corporation. did
certify to the state corporation commits
sion that the total overdraft, secured and
unsecured, Of said corporation amounted
to Nhe sum of s2.329.Ol; and he also did
certify that his account was not over
drawn.
1--WE find the said certified statement to
be knowingly and willfully false in both
ton show that upon that date, namely.
January 81, 1910. his account was over
drawn 10 the amount Of sl33s8.7s.
~ Under date of March %. 1910. c. J.
Rixey, as president of the Virginia Safe
Deposit ana Trust Corporation, did GER
tify to the state corporation commission
that the total overdrafts. secured and
unsecured, of said corporation amounted
to the sum of 81, 53134: and he also did
certify that his account was not over
drawn.
1--WE find the said certified statement to
be knowingly and willfully false in both
particulars. as the books of the said cor
poration show that upon that date, name-
ly, March 29. A.-1, his account was over
drawn to the amount of $15.0I4.57.
Total Amount Of Loans.
"a. Under date of February -. 1910.
C, J. Rixey, as president OF the Virginia
Safe Deposit and Trust Corporation. did
certify to the commissioner of insurance
OF the state of Virginia that the total
amount loaned to the directors or other
officers Of said corporation, upon Deem
Der II. 1909, amounted to the sum OF ST.
40. 6:.
eve find the said certified statement to
ne knowingly and willfully false, as the
hooks of the said corporation show that
mon that date. namely. December 81,
1903. his account was overdrawn to the
amount Of $10S29.Sl
s.6 Under date OF a day in June, 1910
I'm or about the 16tli}, G. J. Rixey did
MAKE an entry Of $4,000 upon the credit
side Of his account in the individual de-
nosit ledger of the Virginia Safe Deposit
and Trust Corporation.
I'VE find the said entry to be knowingly
and willfully false, as no equivalent for
fhe said entry was given the said cor
poration.
80. Under date of November -. 1909.
G. ]. Rixey did make an entry of $14. III .4s
upon the credit side of TIE account Of
the Piedmont Milling Company in the I'm
dividual deposit ledger OF the Virginia
Safe Deposit and Trust Corporation.
1--WE find the said entry to be knowingly
and utilifnllN false a. no equivalent for