Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-04-26
MOyer Laughs
at Strdng's Story
Continued from PAGE One

second time. Strang answered mega.
lively.
\ second method. the witness said
was to change the date on check, set
ting il ahead. and then sending the check
back as improperly dated. Still third
method described by the witness was
10 question the gcnuincneSs of the de-
positor's signature and return the
check.
why did you do this?" asked Mr..
Taulauc.
1--WE could not get enough money to-
gethcr to meet our exchange
What would have happened IL you
had been forced to pay these checks
when presented:
The bank would have closed its
'loorS.
Did any one tell yol to do this:'
asked Mr.. Taulaue.
Got Orders From Meyer
Il got my instructions from Mr..
Mover" the witness answered.
There VS. n brict commotion at this
statement 1t was then that Meyer
laughed
Answering furthcr questions. the wit
ness said that h" had "kited" checks,
at Meyers request.
NITuuH SI.u ne uuU bD'lV'l II l'lS'udi
account at the West Philadelphia
branrh Of the Trankiin Trust Co.. with
deposit of So. Moyer learned of this
and made the check kiting proposal. the
witness said. and he consented.
When We needed money the wit
ness said, describing the method fol
lowed. Il would write a check in any
name | thought of, usually for between
SGNOO and Sl0.O0O, and deposit the
check in tho Union National Bank. Be
fore my check could get TO the Franklin
Trust Co. branch. at Fifty second and
Market streets, would rush a cashier
check from the North Penn Bank for
the amount aud deposit II 10 my ac'
count Either Meyer or ! would sign
the cashiers check.
"Kited" Checks Daily
"1Iow often did this happent'
Almost every day.
The witness said hr could not tell of
hand how many checks he had "kited,
but that his memoranda in the BAG
would show. For ten minutes search
was made for his bank book, but il
could NOT be found.
One Of the interested spectators al
the trial today was Mrs. j. +. Cald
we'll. .Tr.. Strnng'S second wife. Dis
trict Attorney Rotan also was present,
There was n shortage Of 800 900 ir
, tho receiving tcllcr's cage at the bank,
July .. when State Bank Examiner
Ferguson came TO go over the bank s
affairs.
Straug testified to this today.
On his own initiHtiv, Strang said. h'
had told Wallace Stunk, another cm
nIOyr. 20 fix it up so that the &c
count. NUNulI hnlnpCo
Said lie Told Meyer
The witness was asked had he tolc
Meyer about this state Of affairs. III
answered that hc had done so at lcaSt
once every week and frequently hat
named the amount Of the shortage.
He was questioned at length on hi
detailed knowledge of the money il
his own paying t"llor's cage. He SAT-
that AZ no time had thor" been mor'
than $50. 900 in cash in tho cage. al
though the report which il is allcgcr
was made falsely by MOyCr to the stat,
banking commissioner juno 2--oT
which the charges against Meyer ar
/ based d-Statcd the cash at that time t
/ be S65. 900.
Repeated questions by Mr.. Taulan
! were asked the witness TO sec II he CoulC
have told at any time how much il
| silver dollars, how much in pennies
, nickcls and quarters, how much II
/ money Of other denominations, vas il
! the paying tcllcr'S cage. He inSistN'
! that he could not have given this in
| formation at any time. The report mad'
! to the state banking commissioners haC
/ specified these amounts.
! Most of the morning was devoted I,
! questions concerning Bank Examine
, Ferguson \ visit. Strang teEtiiiet
Moycr had told him Ferguson was TN
| state bank examiner. whercuPon tn
! witness asked what he should do will
| S9G 900 in bad checks. which he va
carrying as cash in the paying cage
"Moycr said ! was to do as I hat
done under similar circumstances pre-
viOusly." he continued.
Told TO "Juggle" Accounts
/ The witness said hc had been told b,
Moyer TO postpone balancing his casi
! that night until o 30 o'clock, 80 as u
/ have time TO write off" the bad check
/ to such accounts as were healthy enough
10 stand it, lie busted himself durinl
/ the afternoon in the bookkeeper's de
partment. writing off the checks, whicl
| hC charged TO the Seneca Fire Insur
| ance Co. and the New York NatIona
| Fire Insurance Co. At Fcrguson's re-
quest, Strapg testified, he bad balanced
! his cash at : 80 o'ClO"k.
| Later he called up Moycr at home ant
| told the cashier what he had done.
"Moyer said all right, the wit
| ness testified.
B