South Bend news-times. (South Bend, Ind.) 1913-1938, 1913-12-29
Real Estate Man Can't Remem-
Der at Bankruptcy Hearing
But Doesn't Think He Wrote
in Mems Names on Notes.
TOTAL OF DEBTS MAY
YET REACH S15O,OOO
Atty. Parker Asks Him Sharply
About Any Assets Not Re-
pOrted-HarIin Denies Safe
ty Deposit Story.

At a meeting Of the creditors OF Al
bert q. HarIin. real estate and loan
broker. who recently fled petition
in voluntary bankruptcy, held Monday
morning with Harry G sheridan. ref
cree in bankruptcy. the American
Trust CO. was named as trustee in
bankruptcy with bond in the sum OF
$4,000
Claims were filed by the creditors
aggregatlng more than 100000 This
does not include the claim Of the
James l. Damon estate. said TO be one
OF the heaviest creditors. When this
clam Is filed il is probable the total
will reach nearly S15O,O00.
The assets scheduled by Harlin i'm
the bankruptcy petition total $16.-
3lZ.25. OF this sum one item is a
claim of S26.2S0.66 against the South
Bend Brick Co. OF which the receiver
OF this company has allowed bat SIS
643.66. In the petition the liabilities
We're scheduled AT $9O,704O5.
Harlin himself was present AT the
meeting and submitted 20 cross eN-
inatlOn by attorneys for the cred
itors. which may be continued several
DAYS. Atty. Parker. representing Mrs
Matilda Foster. administrators OF the
estate OF Thomas r. A. BeYerlY was
the first to examine Harln 10 is
probable that if the hearing drass for
considerable time a representative OF
the trustee Will be named 10 conduct
the roceedings by Referee Sheridan.
Parker began "A searching eXamina-
ton for the avowed purpose OF finding
out whether Harlin has any property
other than that listed in his schedule
Of assets.
Some Property Secreted?
There seems 10 be a general i'm
preston that there is some secreted
property and We want to get TO the
bottom of It," said Parker. when OBJ
lection TO his line Of examination was
raised by Harlin's attorneys.
Here are the salient disclosure Of
Harlin's testimony Monday.
That, although his transaction
i'm real estate and loans. were i'm
large sums. HaF5in never kept any
books showing hls various aC-
counts clients. He had only one
book which showed some OF the
smaller transactions and which l.
now in the hands of hls attorneys.
That he had no slips or other
papers on which his accounts
were kept nor any other means OF
determining the exact condition Of
his accounts.
That when he received money
from clients 10 be- loaned or invest
cd lac kept no Other account Of the
transaction except 90 give the Cli-
ent receip; for the amount en-
trusted To him.
When intereSte was received by
him on money loaned ont for
otherS he gave a receipt but kept
no other account Of the GranSac-
ton.
lie would neither deny nor af-
firm that he had signed the
names OF others To note.
Harlin declared that all tho prop
erty ne has is listed in his schedule.
lie denied that ne has or ever had
n safe deposit bank in Chicago bank
in which he kept stocks and bonds
belonging 10 him. lie was asked if he
had not attempted TO borrow about
500. 900 from a South Bend man re-
Gently 10 avert the financial crash.
promising that If the latter would 80
CONFINED OK PACE TWO.)