Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-07-07

fsa4yiAn-AmertcAnS bank, h 8
##aCourt:g6Yerruled
Sts BoughtssBank Stock.
nm Tellhuss abouts&syour connection
With the 4AHhnk Just misunderstanding.
am tell Just what It is?
EVA. Well, I bought ten shares of
stock In the Observation-Disclosures
baAk last summer, sometime 1920.
Iahat ts my only connectionMsas q
stakeholder. AT sometime before that,
VIXEN the increase of stock was put
SIs the stockholders in session or di-
nsStors appointed me as. trustee to
handle stock and, Of course had
nat n connection With the bank; that
To. that all;,.-ycu ~ lem
qkssFr of TIE ussExchangesa you
s. W. Fssa s...t.ss : ,. as's !
IA. President.
20. Now,&: didn't the League Ex-
change have anything to do with the
purchase Of a controlling Ginterast*sin
the Observation-Disclosures bank:
XslAr.FWeeks: Objected to as improp-
4NEcross examination.
MssEourt: Overruled.
IA. At the time Mr.. Hastings held
hts interest in the Scandinavian
american bank,skthe League Exchange
bought Mr. I4asting's shares but per-
sonaIy had nothihgst dosswith that
Tkat Il IS / understood your question
what 4 had. Il do with it personally,
but I wasspnly acting assthe prestdent
otsthaTIeaguey Exchange, OF course, in
that transaction.
Nd. Now, a president ofssthe League
ExchangeII think we viii break that
o2E for while and begin at the be-
Ginning and 90 over this. You remena-
,SDSSr this little farm, you have prob
Hablya got4it yet, at Derring?.
Is. Ana that place 81 which you liv-
ed at Deering wa your home, for
asoT.lanadEstiIssiiseds there andsproysd
stncsa1sfe. Iasaads about twentyayears.
correct that-not quite so long.
Off remember correctly I@made
out your fling papers, but I am not
sure 40: # 81 s2sS s$RS
A. well, T guess you did. !.
Al that time?
A. yes
Ss Q.IAnd do you remember the meet
fhgs we had In the: schoolhouse out In
your direction !?
sSsA waa Bs
sspo:And you remember the little
chart showing up the banking bust
ness ahd the wheat and mill business
over With. YOU fellows out there.
a. Yes. sir.
f. Visited by Townley.
snrfng Of one year, Just before the
snow was gone, one man named A. g.
-Townley coming out to your place?
4. Yss, Sir.
8. He stopped at your house?
4. yes.
meetings, his wife stopped at mine?
ancient history.
Wdonrt: I think the objection is
rnnd o. II S.
a And that is the. tinae,s il It not,
that this organisation 81. which you
ave = masrber Of the executive com
S1ittae-that8 Is the time when this
organization was born, when this mar
{ 'sA5 NJ. s Wssas: ye same ae'e oe,eot,on,
/. q ood Nov. since That time, you have
left your farm? R.
a. Yes, sirs s
|? Kss - s5 "A )
al. Yes Sir.
80. WhatsiA your business now, Mr.,
wood4
"a A, am with the livestock depart
naent 81 the Equity $~Co-operatve. Ex-
chanre az manager.
o.1At south St.SPaul?
a Yes, sir,
al Ard Won are also president OF
Observation-Disclosures? IA
a. Tes, ar.
4. Yea. Sit.
And dosAyou know who the N
generators OF that Organization
uereg
q A-ssYes sir.
who we're ttfey?s g9
MEsVeeks: objected ito as .incona-
.netert. trrevelant and innn,aterial; not
Ea1e best.evfdence.
E Court;ENV4fl, the witness may pros
duce the bsst evidence Il he has, i
ayaflablesS9Rrhe state called the Wit
ness alnd testinonys has been offered
relative 80.
then, rishts aow. n