Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1915-05-11
MONIES GUILTY,
THE VERDICT
~. THIS TIME
Man Had Been Freed of Pre-
vious RoseviIIe Trust Com
pany Charge.

Charles A. Nones, of New York
former president of the Quicksilver
Mining Company, was found guilty
of conspiring to defraud the Rose
vile Trust Company this afternoon
by jury in the Court of Oyer and
Terminer before Judge Osborne. The
jury was out two hours. Nones was
acquitted on similar charge a few
weeks ago, but was rearrested and
convicted of making an overdraft on
April 26, 1918. The indictment was
found only day or two before the
expiration of the statute of limita-
tions.
Upon the report of the jury in the
Nones case the prosecutor arraigned
John B. Faunce and Clarence c.
Whitman, of New York, president and
treasurer of the Intercity Loan and
Securities Company, who are charged
with conspiracy to defraud the Rose
Vile Trust Company of $28,427.72 by
overdrawing their account. Their
trial commenced at once. with Ray
mond r. Smith. convicted cashier of
the bank, the star witness for the
prosecution.
A plea that he had not been given
time to prepare a defense in the trial
of Nones for conspiracy made by
Nones's attorney, Jerome d. Gedney,
was the only testimony offered by the
defense. Gedney took the witness
stand as the only witness for the do
fendant and testified as to what hap
g..
trial.
The trial of Nones went on yester-
day after Judge Osborne had assigned
Borden d. Whiting to defend Nones
in the absence of Gedney. The latter
appeared later in the day and de-
clared that he did not think the case
of Nones would be taken up SO soon
because he had been indicted only
three weeks ago, while the defend
ants in the other cases on the list
were indicted two years ago.
Smith Witness.
Raymond E. Smith, the former sec
retary-treasurer of the bank, was the
States chief witness today. He testi-
fed that on April 8, 1918, Nones de-
posted $4,000 in the bank and on sub
sequent dates he withdrew more than
$4,000, leaving his account overdrawn
to the extent of approximately s.,vUv.
This constituted the alleged conspir-
acy.
When the State closed it's case this
morning Mr.. Gedney took the stand.
He said he was counsel for Charles
A. Nones. Less than three weeks
ago Nones, he said, was indicted by
the grand jury just after he had been
acquitted on another charge. Since
that time he has not had time to
prepare the present case. Friday he
said he was handed a transcript of
the account of Nones with the bank
by Assistant Prosecutor Mott and
ew other papers.
Under cross examination by Mr..
Mott he admitted that Prosecutors
Detective Hargan had taken him over
the books of the bank and explained
what the States case would be. Mr..
Hargan was called in rebuttal.
Summing pbegan before the noon
recess. Mr.. Whiting summed up for
the defense. He said the case was
simply the case of Smith VS.. Nones.
"A twenty-four carat criminal
against a reputable, honest business
man. They ask you to convict Nones
on Smiths crooked letters and
books"
He laid stress on the fact that
Smith ran away while Nones held his
ground. He turned to his own ac-
count one of Mr.. Motifs own quota
tions in former trial, ''The guilty
fieeth when no man pursueth.