Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-10-08
ARREST SMITH AND
BANK BOOKKEEPER
CONTINUED from First Paseo

Continued from First Page.p
Star reporter and asked what he
thought the chief Justices advice
to the jurors meant and whether sew
eral more than just Raymond f.
Smith and Augustus Randolph Jen-
nings would be implicated. replied:
DIdn't Read Judges Instructions.
81 did not read the instructions
of Chief Justice Gummere that ap-
peared in your paper last evening,
but If he so instructed the jurors, he
must have had some good and speci-
fic reasons for so doing.
81 am not in a position at present
to give out any information about the
banks affairs, nor have | any sus-
picions against anyone connected
with the bank, but I will say that /
would certainly like to see the guilty
parties exposed and punished
Edward D. Dunn, who has been
prominent in the reorganization
scheme until lately, when he declared
he would not contribute until the
declared that "Chief Justice Gum
mere's move is a very good one, but
outside of that l have nothing to say
at present"
Mr.. Dunn in recent statement
commented on the fact that he
bought his stock at a very high
figure and that the banks affairs at
that time, about eighteen months ago,
must have been in bad condition, and
claimed that he had a claim against
someone. He did not mention any
names at the time, but said he had
purchased of a local broker
President William p. Odell and
Vice-President William Fairlie could
not be reached, word being given out
at their respective offices that they
We're out of town.
Although the grand jury was told
yesterday afternoon by Chief Justice
William s. Gummere to drop for the
present investigation into the affairs
of the wrecked Roseville Trust Com
pany the prosecutors office Is Just as
busy as ever today in an effort to
work out the different angles of the
case and discover where the criminal
responsibility, if any for the crash,
lies.
Chief Justice Gummere in telling
the jury yesterday to drop the in
vestigation said the reason for the
request was that the county authori-
ties were not ready at this time to
let the entire matter before the Judge
and that it was his belief the ends of
justice would be better conserved if
at one time instead of being strung
out
He intimated that before the matter
was finally ended he expected to
see a number of persons indicted, be-
side Raymond e. Smith, the treas
urer, and Augustus Randolph Jen-
nings, the former teller who was
placed under arrest last Friday. AS
yet no indictment has been returned
against Jennings, although the grand
jury on Monday heard testimony
connecting him with the specific
theft of $500 from the bank, ne having
been arrested on complaint charg-
ing the larceny of that amount.
Hold Consultation.
County Detective Alfred j. Hargan,
who is in charge of the Investigate ton
for Prosecutor Louis Hood. was in
consultation with Ray F. Mayham, of
the bank examiners, who has been
working on the banks books. today,
but both men were mum as to what
line they were working on.
While the action of the chief Justice
yesterday in telling the jury to keep
hands off came somewhat as a sur
prise, it Is pointed out that it lis ap-
parent at the present time lot of
things have as yet been undeveloped
IN connection with the WreCK1nE or
the trust company. One theory
around the Court House is that Pros
ecutor Hood intends to develop GER
tain specific cases involving men in
authority at the bank and then bring
each case separately before the grand
jury and obtain individual indict-
ments. By this means, it Is believed.
the prosecutor will be able to get the
individuals involved in the mix-up
dealings of the bank to talk, and
thereby be able to get at the bottom
of the entire affair in a much shorter
time than by holding off and indicting
large number of persons at one
time.
That a considerable number of per-
sons face indictment is considered an
absolute certainty, in view of the sig
nificant statement of Chief Justice
Gummere yesterday, when he likened
the case of the Roseville Trust Com
pany to a f1sherman's net In this
connection he said: 1T is something
like a fishermen's net; he ought not to
be satisfied with catching one fish, If
the haul ought to bring in quite a
number. That Is what We think the
result of this investigation is going to
lead to ultimately.
Prosecutor Hood refused to discuss
that significant statement, except to
remark that the statement spoke for
itself.