Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-06-30
CONFUSED IN {
HIS TESTIMONY
THIS MORNING
Declares No Inquiry Was
Made Regarding scandi-
navian-Arnerican Bank
Failure to Get Back Rede-
posits Did Not Stop Ad-
vancing of Money.

(By STAFF Correspondent.)
Bismarck, N. D.. June S0.-
The state rested at 2:15 o'clock
this afternoon In the Brintou
perjury case. Arthur LeSueur
Immediately began his opening
address for the defense.
Bismarck, N. D.. June 30.-"It is
not the practice Of the Bank Of North
Dakota to investigate the standing of
banks in the state in making re-
deposits" F. W. Cathro. manager of
the Bank Of North Dakota testified
today in the ]. w. Brinton prejury
trial:
Mr.. Cathro further admitted that
so far as he knew no examination Of
the Scandinavian-Ame bank Of
Fargo was ever made by the Bank Of
North Dakota after ]. r. Waters Sc
vered his connection with the state
institution.
Testimony Confused.
Mr. Cathro's testimony along this
line was extremely confused and was
marked by contradictions, and appar-
ent Observation-Disclosures Of the ques-
tions asked him by Arthur LeSueur,
attorney for Brinton. He first stated
that an examination Of the scandi-
made after Waters left the Bank Of
North Dakota by L. P. McAneney, d.
rector of credits and others. Later,
however, he corrected his testimony,
saying that he had misunderstood the
question. In sinilar manner Mr..
Cathro admitted that he had never
cAnsed ansss7,arttcular examination to
Ee made or he Peoples State bank Of
Leith. which VIZ operated BY j.. l..
Cahill, former league leader In the
sssatf ssrs ss % r. Ri. 'tsss sss
one Of the thirty-two favored banks
which received SO large q propor-
ton Of the deposits and loans Of the
Bank Of North Dakota. It is now
closed. t,S - .ip ) L. ~ ".
The Leith bank had deposits from
the Bank Of North Dakota on Janu-
ary 19, 1921 amounting to $15,592,
loans and discounts amounting to
$4,000 and special farm loan deposits
THAT he knew very. little about the
| bank except that it was closed. * H., =.
Redeposits Not Returned. ~
/ Cathro declared that efforts had
been made by the Bank of North
Dakota to get some OF its redeposits
1 out of the Scandinavian-Ameri
bank of Fargo but they had been un-
successlul ne SAID. roiiowns ing go.
tempt, however, ne L.ueS o.
$4,000 more was oepositeo IN 'i'e
Fargo institution: :,
j And still without protest you a.
4 lowed this additional money to be de-
i posted there?". demanded Mr.. Le-
Sueur. Cathro was silent.
"Oh, we'll. know the answer to
that as well as you do," declared Mr.
LeSueur, and allowed the question to
u pass.
} Mixed Again.
i Cathro also became badly mixed
up as to whether or not he had con-
other members Of the industrial, com
mission regarding the relations of the
Rank Of North Dakota and the Scan
Il ld;navan-American bank. Just what
his final testimony was on this point
Il 10 afrnost imnossible to unravel.
Earlier in the day Cathro had at.
4 tennted to distinguish between the
sasoss. ~ r,;h1ic f,,nds in hanks in
,shinp, +h.v wsre fo,,nd and new de-
a..ts ~ r..erves etc He was com
psaaS - adna,+ however that there
wa. p.neu - ~ a;rsaranca hetween the obi.
W. ~ t..s hanI. n whtch snch de-.
cation OF the ss naass l., IN " nien Rsnl suI vi ei
posts weLe aHe e,+ha,,.h ~ cia,,, ~,
NORM Dahu e% ..ra of ~ eSa nina
, tnat someWnat nss .an,.e-s. - 81 No 81
ton was made OF tne reposi'S ..s o1n
IN the case OF new oepos.ls. - -,
) DO you nave ans.ns e., ~ 49, -,
tne reoeposl ps -. aa1e 1e,n:,SaS uy ~ = =.
Nortn Dakota -. ae"ianuou 1 ~
Sueur .! one PoanE
In fact all OF MI. catnro.s aamSaon: na;sio4.
1