The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-06
HENRY SIEGEL TO FIGHT
BANKS ON STATEMENTS
John p. Stanchfield, His Conn.
sci. Says He'll show There
Was No Larceny.

Henry sleFels detencs in MS coming
trial on charges ~ grand larceny eno-.
Ing out OF tho collapse OF his department
store enterprises was outlined in general
yesterday bv John r. staachneId. VINO
has been s'egers chief counsel and VINO
will defend him nj Geneseo. N. Y, whom
the case Is called on Monday,
SieKel will contend. Mr.. 6tanchfead
said. that the alleged false financial stats
ments which were made to banks in order
IN get money for the siagel stores may
havo contained some items that were zoo
large. hut that on tie whole the state
inents werc true and not false. a. oharssd
in the Indictments.
Tho Indictment on which sieeel IN 20 hs
tried Is the nrst OF fourteen pressntments
returned against him and Frank Y. vosel
his partner. now dead On April 7. ',
charges the larceny Of $4,000 from IL"
National Bank Of Commerce on April 90
1913 By means OF fraudulent credit state
ine1ts relating to the condition OF tho
Fourteenth street Store. Simpson Crawford
Company and tho Henry Sicgei Company
of Boston
In order 20 get this loan. IL is alleged
in the indictment Segel and vogel offered
statements which indicated that tho three
INDIGNANT says. they were then insolvent.
Siegcl Is accused of signing the alleged
false statement relating to the Simpson
Crawford Company and the Henry Sies"l
Company OF Boston. of which he was tie
president, while Nogcl said 60 have
signed the statement Of the Fourteenth
Street store as it, president
We will contend" said Mr. Stanchheld
who expects a hard nght. that II Ia not
reasonable to believe that Mr.. siegel and
his business associates would suddsniy
conspiro to steal from tho National Bank
" Commerce or any other bank With
which they had carried on transactions %
this nature for number OF years. But
IL does NOT matter whether that statement
tthe one TO the National Bank OF Com
merce) was true or false. Il viii b. nee
essary for the prosecution to establish be.
yond "A doubt that Mr.. Siegel issued the
statement with intent to defraud and de
ceive. The law is entirely clear on tina,
point"
District Attorney Whitman will not try
the Siegel case In person. because u might
prove uncthical for him To be present a.
prosecutor In a case on certain phases al
which he may have 20 pass later as Gov.
crnor Arthur g. Train. William Dean
Embrce and Robert 6. Junnstone his as
sistants, however, are already in Geuesco
preparing the case for trial Nearly three
tons OF books and data have gone zap
"ith them.
Already too che procession Of witnesses
accountants. bankers and former employ
ees OF Siogel has started for Grncs.o.
where Justice Clark will open court on
Monday.
The witnesses for the State announced
Yesterday includ. James $ AlsNandc-.
Herber' =. Howell. Oliver J Biiatc. Alfred
Oxenham. Louis Kirdel and 4. ". Mac
Donald. representing the National Bank
OF Commerce" Oscar A. Trail. Robert q
McMeetin. Frank L. Champion. Joseph y
rirdday OF the Siegel stores John Flint.
Leonidas Dennis accountants John \.
Sheppa I'd. Jr.. and William \. Marble. tho
receivers for the stores Daniel W. Quinn
OF the State Banking Department. Mrs
Emaline Baker and Henry w Hagmaer.
bank deposltors.