Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-01-28
EXPECT ARRESTS
IN THE ROSEVILLE
BANK CASE SOON
Prosecutor Silent on Names of
Those Indicted by Grand
Jury.
HOOD PLANS TO BRING
CASES TO TRIAL SHORTLY
Many, Fearing They Have Been
Caught in Net, Offer to
Surrender.

Prosecutor Louis Hood and court
officials at the Court House are still
maintaining the closest sort OF se-
crecy as TO the men named in the
seventy odd indictments turned 10
By the grand jury yesterday after
noon in connection with the criminal
end of the wreclSing OF the Roseville
! Trust Company. which eliminated
last August in the failure of the
bank
All information as to the persons
named in the indictments was refused
by Prosecutor Hood today Clerks
Of the criminal branch of the courts
are at work making out capiases and
as soon as this is finished arrests will
speedily follow. The first arrests in
the case are expected late this after
noon, while the general cleanup will
come tomorrow
Prosecutor Hood said today that
the procedure would be to arrest the
persons named in the indictments
and bring them to the Court House
On reaching there they VIII be al
lowed to furnish bail the amount to
be fixed in each individual case by
the prosecutor
On some day. probably next Satur-
day morning, the persons who have
been placed under arrest and bailed
viii NC biDuEII DEADIE tlHAEI Justice
William S. Gummere to plead to the
indictments at which time trial dates
will also be fixed.
Smith Trial May BE First.
Prosecutor Hood intimated today
that the trial dates would be set at as
early date as possible, but refused to
say whether Raymond z. smith and
the other officers of the bank would
be tried first or whether the first
trials would be those of some Of the
depositors who are alleged to have
frequently overdrawn their accounts.
The belief is that Smith and the
principals in the wrecking of the
bank will be tried first
II is hardly probable that the first
Of the trials will be reached before
month from this time. as the men
involved viii fight hard and their
counsel will require that length Of
time to prepare the defense. The
! State. of course, is ready now to
! proceed to trial. as the evidence to
be adducec by the State. Al ttf trial
! VII be Practically the same as that
4 given before The grand jury result
ing III the numerous indictments
/ handed in yesterday.
/ Residents of the Roseviiie section
are much excited over the handing
| in of indictments and many per-
sons there are wondering whether
they have been caught in the prose
cutors net or not. One man. whose
name is closely guarded by the court
officials. telephoned to the proseeu-
tors office today and asked If he was
among those indicted. If he was he
said, he was ready to surrender him
self and give bail. No information
was given the man and a similar
procedure was followed in instances
where other involved parties made
inquiries through counsel or friends
While a reporter for the Evening
Star was seeking to pry some infor-
nation from Prosecutor Hood today.
he was called to the telephone by
! representative of a surety COMPANY
that in other States does a large
business in furnishing bail bonds.
/ Prosecutor Hood was asked If surety
| bonds would be accepted in the
case of men indicted in connection
with the Roseville Trust Company
affairs and he promptly informed
the surety company representative
that real estate bonds only would
be accepted in Essex county.
Some of the indictments handed
out yesterday are books in size. five
of them being made up of at least
30 pages Of legal cap size paper each
Six or seven persons are named in
each of these large indictments, Il
is understood, the names being those
of persons actively engaged in the
management Of the banks affairs
Names Kept Secret.
While information as to those in
dicted is absolutely refused by the
prosecutor and his staff, IL is safe to
say that the list of those indicted in
cludes William P. Odell, president;
Raymond e. Smith, treasurer; Ran
dolph Jennings, a teller. and William
Thompson. a bookkeeper of the
wrecked bank Frank Bruno, an Or
ange contractor, who is alleged to have
had an overdraft at the bank amount
ing to tens of thousands of dollars, is
another against whom 1t is understood
an indictment has been found
OF the men named above. Smith,
Jennings and Thompson have already
| been arrested. Smith is now in Jail in
default of $4,000 placed against him
on three indictments charging forgery,
false entry and embezzlement, re-
spectively, previously found against
him Jennings and Thompson were
arrested on complaints sworn out be-
Fo,-e 5,1cffpaS of the naapp and until