Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-19
4 INDICTMENT BILLS
READY FOR NOyER
State May Ask Additional
Counts Against Accused
North Penn c.: hier
PROBE LAFEAN'S ACTIONS

Four bills of Indictment hhu p"NN'
biy more are to be asked against Kainh
T. Moyer. former cashier Of the wrecked
North Penn Bank. by Assistant Dis
trict Attorney Taulanc. Of the Grand
Jury. on Thursday.
Mover. at liberty under S23.WWm ha'I'
will be obliged to renew his bail bond
should bills Of Indictment pr found.
II is not believed. however. that III"
authorities will demand increased hail.
The four bills of Indictment which
have been prepared. charge Moyor with
perjury. alteration Of the books and
records Of the bank. with having know
ingly received deposits when hc had
knowledge Of the bank insolvency. and
the fourth charge the conversion Of a
5000 Liberty bond Of one of the North
Penn Bank : depositors.
One of the bank depoSitOrs. n huSi-
ness man Of the nrighborhood. sub
scribed for a $4,000 Liberty bond nnd
paid cash for IT, He requested one day
shortly before the hank was forced
by the Banking Department to close il,
doors, that MOyer take the $1,000 bone
and in its stead procure for him five
Liberty bonds Of $1,000 each.
$4,000 Bond Gone
Investigation by the state probcrs
who are trying to clear away the fnan
cial debris Of the bank. say that Moye
kxnAthonotnl C-nnn I u. 4
with other securities. to obtain LOAF
of $4,000 from the Union Nntioua
Bank. This loan. through forfeiture
in payment. since the North Penn
Bank is closed will bo repaid th,
Union National Bank by the sale q
the $1,000 Liberty Bond and the otho
securities, all gilt edged collateral
which Meyer was obliged to deposit i
order to secure the S13. 600 loan froI
that institution.
For the first time since their ap
pointmcnt. Samuel II. Barker an
Walter X. Hardt. the two appraiser
appointed aS the State Banking De
partment act requires. by Bankin
Commissioner Fisher. to apprHisp II
assets of the North Penn Bank. IN,
today in the office Of Colonel Frr
Taylor Pusey. specia deputy attorne
general.
Some of the former bank clerl
and officials of the wrecked institutiC
are expected to be summoned by Il
appraisers to give testimony ns to cei
tain accounts and items listed in Il
preliminary schedule of assets.
1t Is believed that Meyer and h
brother Roy. who held clrrksh
while his brother was the cashier
the bank, will be called to tell VIII
they know of the listed assets.
To Press Amber
Colonel Pussy will see Harry
Amber, brother of Charles A. Ambe
former insurance commissioner, {
n day. and who appeared for him VIII
he was admitted 10 So 900 bail ye
terday. with view of learning whf
if any. arrangements have ben ma
for the repayment of Ambler's indeb
edness to the bank The discovery h
been made that while it was report
that Amber some days ago had rPpd
$4,000 on account of his indebtedne!
he actually only paid. in the words
Colonel Pusey, "a few thousand dc
lars Hope was expressed tOda
however. by Colonel Pusey that
would be able to wrcst from the Amble
Davis Company. contractors, from
own holdings. and from the state
Maryland. which still owes the Amble
Davis firm 500 900 on a contract whi
Ia now pending, sufficient money to
nay Amblpr's Indebtedness. Amb
owes the North Penn Bank about S2t
600, but with the amounts owed otl
banks connected with his deals I
total charged against him is STAT ,Ot
Arrests Impending
Attorney General SChaffer, mp
whom dcvolvcs the decision of dete
mining the question of jurisdiction
authority in the event of the arrest a
prosecution of "a former state otticial
is said to have decided the question
Philadelphia county is understood
have authority to issue n warrant.
Other arrests and prosecutions !
volving politicians and promoters 90
cerned in the transaction that result
In the crash Of the bank are expect
to follow.
Ready to Go Ahead
Mr.. Taulanp. assistant distr
attorney, speaking of future develo
ments. declared:
1--WE are ready now to go ahead wi
an investigation that will probe
depths of the North Penn muddle.
It appears that others are Crimina
involved in the scandal they will
prosecuted regardless of who they m
be-"
Interest cputprs in the visit Of De
uty Attorney General B J. Myers
this city today. the first since he visit
Attorney General Schaffpr at VIII
Face Inn, Lake Placid. y. y. for
conference on the iurisdictional que
tion and on other matters of importau
in connection with the bank probe
District Attorney Rotan will rrtu
to the city tomorrow to go over