New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-28
SIECEL and VOCEL
FACE new CHARGES.
Six More Indictments Are,
Expected Next Week, and
There May Be 20. 8,
WHITMAN ANNOUNCES
HE WILL PUSH CASE
Refunding of Depositors'' Money,
Now Unlikely, May Help Ac-
cused, but WORT Stop Trial.

cused, but WORT Stop Trial.
II is expected that, at leastssix add
tional indictments will be returned
a, gainst Henry Siegel and Frank f.
Noeel early next, week. There may he
twenty returned. Grand larceny in
volving alleged false statements To
hanks and receiving deposits in the
nank of Henry Siegrl & Co. after II
had become insolvent. will be charged.
These indictments. Tfe'Tribune learns
from an authoritative source. Will De
based upon evidence PRESENTED TO the
grand Jury Yesterday by Assistant Dis
,rict Attorney Arthur G. Train, who on
,Monday will resume the work. Even
YESTERDAY the indictment. clerks were
busy.
District AttorneyyNVhitman, israuthor-
i,v for the statement that, no matter
what Siegel and Vogel may now do,
such indictments as may be brought
against them will he pushed TO trial.
If these men, between now and the
time they are called upon TO face
trial Jury. see fit to make restitution IN
part or in whole, the fact of their doing
so will undoubtedly be considered.
There is no apparent chance of their
doing SO. however, Louis Sampler Levy
of their counsel making 1t clear yes
terday that the money raised for the
benefit of depositors in the bank would
not be paid if Lis clients are not al
lowed TO remain at liberty.
Whitman Says He'll Push Case.
Mr. LEWIS declaration of the position
of his clients provoked Mr.. whitman
To his first public declaration of his in
tention TO push the case against Siegel
and Vogel 1t followed the intimation
of one of the lawyers in the case that
the $4,000 which friends of the ac-
cused had raised for the benefit of the
hanks creditors was still available. and
the discovery that the Depositors' Re
alization Corporation, formed for the
purpose Of handling this money. was
still doing business al No. ~ Broad
way. William II. Caldwell, the presi-
dent Of the company, refused 70 say
what was contemplated. or If the
money is yet at the disposal OF the
company, so the question was put to
Mr.. Levy.
You know asrwell,as do where that
matter stands" ne declared. The
money is still intact, but 1t will not 60
tout to the depositors without the notes
for the balance of the claims against
Siegel and Vogel. They won't give the
notes unless they have a chance to
make them good They certainly can
not do that sitting here IN my office"
How will they do that with the
Simpson Crawford Company reorgan-
lied and the Fourteenth Street Store
closed?"
"They are both men OF ability and
resource" replied the lawyer. land can
work in somewhere. The first note was
purposely made small. calling for but
$4,000 or $4,000. The second calls
for 100000, but they will then have
had a two-year breathing spell"
When this statement was read TO Mr..
Whitman he declared In the most posi-
tive tones that there had been and
would be no change In the attitude of
his office toward Siegel and Nogel.
THE cases against Siegel and Vogel
are going 10 be pushed" he declared,
hitting his desk to give emphasis TO his
words I'VE are going 10 proceed TO
trial as soon as the cases under the
indictments are ready for trial. have
no other course under the law. There
&c nothing TO prevent these men from
aging what they owe now II they
wish There is nothing 10 stop them. -
Crime Not Wiped Out.
The witnesses before the grand Jury
yesterday told OF deals by which loans
were had from the Union Exchange
Bank. OF which Nogel was a director;
the National Park Bank, the Garfield
National Bank, the Bank OF the
Metropolis. the National Bank of Com
merce and the Equitable Trust Com
pany. In the case OF the latter COM
pany the loan was repaid in full, but
that does not wipe out the crime il any
were committed.
Among the witnesses who testified
Yesterday were Frank L. Champion
oscar Prall and Robert G. McMeekin
confidential employees OF Siegel and
Vogel. representatives OF Flint and
West. certified public accountants, who