The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-03-03


these the statement was made tha,
LleweIlyn had asked no inherent OF
roiIeee funds because they we're FREE
Qucntiy ottrdrawa and The oyerdrenH
we're carried without interest, Then
cnrued q Ions wranrle a 20 what seq
reEation 81 funds uterdrafts IN n
covered By balances IN another. etc.
Lleweilyn could not remember the
exact dates % any o~vcrdrafts but eaid
later that cetfaln funds had been
uverdrawn as much ~ $1,000 az times.
He explained segregation 81 fu7ds on
the oasss OF preventing Improper use
OF certain federal monies whose uses
we're limited.
Re Identified tue note "eiened by
prominent Democrats which has hg-
ured 40 largely In the Advance press
matter about the hearias and explain
dalton 10 smith. president OF the
bank and one Of the sieners. The
others were J. n. Paxton, Hush ciary
and himself.
smith told ne" Lieweiiyn said.
-that ne had found q way % the
banks chareiag Itself Interest on lac
college funds and paying t back 10
itself on this note wEich would do
way with charging u all on In n
lump. A later note, for ti,15ise,
LletEeiiyn said was a renewal o. the
old one. witch was ~ tL,3ss.2i.
Lieweuya alone sihned the last note.
The first note. he said, vas 10 cover
contributors made by the bank 70
the 1871 campaieu fund.
r. r. LaYkin. a Republican MEM
her 81 the board OF regents. testified
that the board held four or ave meet
lnrs a year. he thought. though The
three local members had held other
meetings, he believed.
College Accounts Not Oscrdrawn.
c. N. order. OF the arm OF Thus
ton and order, accountants, Of ~.
Paso, testified 20 several matters as
to In the bank. Identifying
an abstract Of the trsasurer's scout
which was read INTO the record. MI.
order said that Il appeared that ~
no time were the accounts Of the col
legc. az a whole. overdrawn.
Bank Atfornes's Modest salary.
Mark Thompson testified that he
was attorney for the bank and had
been since shortly after II vas orean-
His retainer. he said, was Rt
larst sf0O q year and later $40 a
He declared his modesiy for
babe him TO say why he go only a
NTH a. much as Air. Lewellyn FOR
acting as the banks counsel. MT
THOMPSON eniiyened proceedings quite
a little by similar levity. anording a.
welcome relief 20 the crowd, which
BY this time was becoming wearied'
as most OF IL was unable 20 find any
Mace TO 81. Calls for advise. he said.
increased after Mr.. Lewellya became
counsel FOR the bank and, after the
laughter had subsidized, said that TINS
vas not meant to give any derogators
inference toward AIR. >Seliyn. ne
had never been consu, by the bank
about college affairs. ..e said. and ex-
ercised no general supervision OF i;H
activities, his duties merely being TO
give advice when asked and 10 handle
cases when handed him. sometimes
receiving an additional fee from
there.
No Pressure on Dr. Cooley.
The principal testimony OF Dr. a.
c. Cooley. a professor at the COLLEGE
was that he had been introduced AT
the First state bank By otto WEI
laufer. formerly registrar. after Pres
ideat George r. Ladd had told him
that "he did his bankiAg at the First
state bank and the college had a de-
post there" This was when he asked
that a bank be recommended TO NM
a newcomer. last IAN. He made Sc
we're complaint on the requisition
matter.
said Vequisiuons Held Up.
y. r. Lester. former regent, II
for fourteen years registrar some
time ago. entered a vigorous com
plal-t about reqaisitioes which were
held up. and scored r. J.. Guilfoii for
an alleged assumption Of authority
equal to or SURPRISING that Of Pres
ident Ladd. He said that u was hls
impression that T. r. n. Smith, pres
ident Of the bank, aided In securing
otto Wetlaufer the place AZ regis
tmr made vacant when AIR. Guilioil
left u and averred that he thougnt
wetlaufer legged for the bank. lie
testified that his ideas OF running the
college differed from those OF Pl-s-
Ntui j. H. fhAANhf W AW' A'H'NNt
that ne believed In a more cordial re-
lation between regents and institu-
ton. lie testified that on two occa-
sions supplies were purchased under
the Guiifoii or Wetiaufer regimes-t
was not made clear which-at prices
In excess Of the usual ones az other
times by some hundreds of dollars.
~Considerable evidence about the
changing Of locks on the rooms wners
the records were kept was drawn out
but nothing 10 show that he or any
one else had been denied access TO
them,
Bank Cot Boweh Hls dob.
n. s. Bowen. the last witness al
tho afternoon hearing, testified mat
Wctlaufer had tolA aim the bank
cot him a Job" and that he had been
Instructed to keep as much money az
possible In the bank. Bowen, VINO y
superintendeat ~ buildings
grounds at the college. testified 70
having changed the locks on doors 90
rooms where records were kept al the
instance Of Wetlnufer. lie made .
particular bitter howl about aaVing
80