New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-19
G[ORCE B. cox INDICTED
N ALLEGED BANK FRAUD
cY.PoIitiCaI Boss Must Stand
Trial with Ten Other Heads
Of Cincinnati Trust Co.
s467.500 IS INVOLVED
M;sapplication of $4,000 in
Illegal Loans and Abstrac-
ton of Note for 1852
500 Charged.

cincinnati March 1S-George Is. cox.
,..r,or polltica' leader and at one time
..s,d,rt of the Cincinnati Trust Com
- together with ten other officers and
,,-.c,ors Of the company. was charged
u,,h violating the state banking laws in
Elements returned to-day by the Ham
",o, county Grand Jury
rhe others indicted were Nathaniel s.
18th secretary Of the trust company,
rq.,chsr Z. Williams. treasurer; j. NJ
',.,vford. director. once consul general
-, q Petersburg; Charles ~. Davis d.
to- former president of tho second
National Bank David G. Edwards. lii
...or broker. p~. James +. Hcady.
5,rsctor: James VI. Hutton. diNctor,
srokar. o r. Perish. Hamilton. Ohio.
,,rsc,or. Norman G. Kcnan. director,
e,r,oer president OF the Union Gas and
Electric Company and / y. Miller. d.
roc,or superintendent Of the Western
r.,,on Telcgrdph Company here.
rw, indictments were returned. one Of
riro counts charged Cox. Davis keenan,.
,l,adv Hutton. Miller. Keith and Will
i,ms with misapplication Of $ll5.coo of the
,.,,s, company's money through alleged
Illegal loans 90 the Ford & Johnson Chair
rompany. Of Indianapolis Cox was also
a, director Of the chair company
The second indictment. in two counts.
charged Cox. Crawford. Davis, Edwards,
ueady. Hutton, Keith. Williams and Par
rlsb with the abstraction of note for
,s2ss with intent TO defraud the trust
company.
All the defendants except Heady and
Hutton were in court when the indict-
ments were read. All gave bond for
$500 on each indictment. August Herr
mann president Of the Cincinnati club
n the National Baseball League. signed
the bonds for Coxs release.
Attorney General Timothy Hogan. of
Columbus. who has aided in the grand
Jury INVESTIGATION Of the affairs of the
Cincinnati Trust Company. announced
that he would assist in the trials of the
defendants. lie said an effort would be
made 10 have the cases heard al the next
term Of court.
The affairs of the trust company have
been subject TO investigation most of the
time since its absorption by the Provident
Savings Bank and Trust Company in De
,ember. 1911
The note for S252,5oo. with the abstrac-
ton Of which the officers were charged,
Vas listed i'm the assets Of the bank in
November. 1911 at the instance of the
state Banking Department. 1t was 10
cover alleged excessive loans made 10 the
FORD & Johnson Company Later the note
vas withdrawn. the indictment charges
without payment being made TO the bank.
The indictments charging misapplica-
ton also were based on transactions with
me Ford q Johnson Company, and aliege
that loans of $1,000 were made TO the
chair company when that concern o"ed
move than $4,000 10 the trust company.
b. the terms Of The state la" the trust
.ompany. which was Incorporated for
GmcD was forbidden to lend more than
sWoo0 70 any individual, firm or cor
roration.
The maximum penalty Of the law under
which the indictments were brought IS
fine OF $1,000. or thirty years imprison-
ment or both No date was set for the
arraignment Of the defendants 70 enter
pleas