The Washington times., 1915-05-29

Ihaa.ef .Inhnsnef entered as credit to Lewis
Bank. una the hhsss Nalioii"i
tbo were many occasions on which
en Rss MRss National. Bank would give
sharcs 10 buy a given number Of
the .a, oI certain security and to sell
dav e number of shares the same
hay. ia On such occasions the bill would
n nu rendered to the bank showing the
r. rhase rth IND sale and check given
the chooh tI" oIh'ierence. In those instances
able to the order of the Riggs National
in instr,o or or II. II. Flather when so
tntl,ucteu by the latter l have a
oShais oS OF such checks in the office. all
N, tm,cn were paid. Accompanying
Is sample copy of one such check
Chn Chen Tue Stang copied on the bank,
Ta,ming mat 1t was paid to the Riggs
national Bank
Sample of Check.
accompanying, marked II" and
MADE part hereof is a sample of one
OF such checks made out to Mr.. H. II.
rIather at his request, to his order,
an paid TO the RIGGS National Bank,
as as SHOWN by copy lin handwriting) Of
us payment stamp thereon.
p,adanne dne shecks given by the firm to the
A..
.nese transactions have the name Of
tne tne Riggs National Bank filled in after
Ine word pay to the order or i'm
pL,esesd ,i,d from red ink rubber stamp,
n,,, winch was kept in the office for that
.sIh,es Lhe checks. vouchers bought" and
soid orders and bought" and sold"
letters and notices representing the
transactions covering these many years
are all on file In the office Of the trus-
ice, as are also thA n a honEo he txta
Lewis Johnson & Co., and the Riggs
NATIONAL Bank containing the entries of
credits to Lewis. johnson & co. on ac-
count or stocks purchased by II upon the
National Bank
referring to the affidavit Of Wesley
M. Bennett, and as indicating the man
ner In which short selling Of stocks was
gone %n IN the account between the Risgs
National Bank and the firm OF Lewis
Johnson & Co. l direct attention by
way OF illustration to the first transac-
tion OF short selling referred to in the
afDdaVit OF Mr.. Bennett, which consisted
or the sale Of 200 shares of Union Pa
cific at sl67 per share on January IS,
lel2, and a further 200 shares on Jan
uary ~. 1912. 100 shares at 1914 and
the other 100 shares at 1853. These short
sales were covered on January 20, 1912.
shares each on that day. one at ,S6, the
other at 166. showing a balance in favor
of the Riggs National Bank on account
of the transaction Of S742. a copy Of the
check for which. made to the order of
II. II. Flather, is attached hereto. mark
ed u and made a part hereof. The
copy of the stamp of payment by the
Riggs National Bank on the back, after
the Endorsement of H. II. Flather, shows
the payment of the check representing
the closing of that transaction on Jan
uary 29. 1912.
Given In Banks Name.
THE orders and credits for the
sales of January IS and January 81.
1912, were given in the name of the
Riggs National Bank and were so en-
tered in the account. as were the
orders and debts for the purchase ot
January 20. All the sample transac-
Mr.. Rennett nre likewise evidenced
on the ooks of the firm and by its
Vuchers.
On February S. 1912. 100 shares
of Union Pacihc were sold for &C
count OF the bank at l6i and on Feb
ruary II. 1912. 100 shares of Union
Pacific were bought for account o;
the bank at IGN copy Of the sell
slip and notice "f confirmation of
the sale to the RiNss National Bank
lively, *" and ''I.' and mnde a part
thereof. and a copy Of the purchase
slip and notice Of purchase to the
Riggs National Bank for the pur-
chase of February IL. 1912. are here
10 attached. marked. respectively.
"M' and ~" the check for the
proHt on this transaction was made
to the order OF VI. II. Flather and
to sos. \ copy thereof.
marked 20" Is hereto attached and
made a part thereof
ION February Is, 1912. 100 shares Of
Union Pacific were sold at 1855 for &C.
&C unit of the Riggs National Bank; the
copy of the SELL slip and of the notice
OF sale tc the Riggs National Bank are
hcretn attached. marked respectively
"F' and %" and made a part hereof;
and on the same day ITO shares of Union
Pacific were purchased at l64ia. copy of
the purchase" slip being hereto attach
ed. marked "R" and made a part here
of. the notice Of the purchase to the