Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-02-05

money has in. some cases been with
drawn from several banks in a COM
munity and placed in one?"
There has been no attempt at IA
voritism." Mr.. Cathro answered.
How about conditions in Fargo?
Mr.. Murphy wanted to know.
I'VE left things as we found them
there" Mr.. Cathro replied.
D you know how<much the rede-
bank of Fargo was on December 3,
1902" Mr.. Murphy asked.
Mr.. Cathro was silent.
Can you tell us?" Mr.. Murphy re-
'peated. -" 7r&
= i aon't want. to be a party to open
ing up the relations of the Bank of
North Dakota with other banks of the
state Mr.. Cathro declared.
You stated, Mr.. Cathro, that the
principle adopted by the Bank OF
North Dakota was to r%edeposit with
amount taken from them, is this. cor
rect?" Mr.. Murphy asked.
1T was" Mr.. Cathro answered.
Die this apply to the Scandinavian
American bank at Fargo" Mr.. Muir
ply demanded.
Lcmkc Lends Aid.
THE records are the best answer to
that" Mr.. Lemke interrupted at that
point f - 49,
II was about to say that myself u
declared Mr.. Cathro.
On motion of Mr.. Murphy the hear
ing was then adjourned in order to
Bank of North Dakota for records.
I'VE want the records on the Scan
dinavian American bank and the 9TH
err Fargo banks in general" MI. Muir
ply said.
As>soon as the recess was taken Mr..
Cathro was surrounded by Mr.. Lemke,
Paddock and other league chiefs and
a hurried council Of war was held.
On motion of Mr.. Shipley, seconded
by Mr.. Freeman, recess taken at 10:45.
~ tS Called to Order.
Meeting called to order W the chair
man at 11:45 a. M. all members of
the committee, officials of the COM
mittee, and the witness, Mr.. Cathro,
present.
Examination Of Mr.. Cathro resumed
by Mr.. Murphy.
@. Mr.. Cathro, just before the re-
about a quarter Of eleven-you were
requested to produce in accordance
with the suggestion of yourself and
the suggestion of Mr.. Lemke, as the
Sbest evidence, the ledger account, in
dividual account Of the Scandinavian.
American bank Of Fargo. showing the
~redepoats Of public funds in that
bank by the Bank of North Dakota
and also the individual ledger &C.
counts? ,
A. Just a moment. You granted M
permission to add to my statement.
and this morning
G. As soon as I get through you may
add anything you wish to the state
ment-and also individual ledger &C.
counts of other banks at Fargo. of the
same nature, for the purpose of estab.
fishing. II 1t cen be done, the policy
which you have outlined in your test
mony with reference to the redeposi1
Of public funds. and now I ask you Al
quarter OF twelve il you have the &C
counts which were asked Of you. Viii
whether you have them now or arr
ready to produce them? A. Can't
add to this testimony that want *
add to what came before.
@. ! don't understand you? A. Whel
We were considering this note you al
II I had q contract.
Murphy: I will take up that later
A. I would like to put 1t In now il
can.
g. Can't you answer this q~uestio,
nrst and ! VIII see that you 90 int,
gestion that I would be permitted L
add ANYTHING to my testimony that
| wished.
Q. what number IL the EXHIBIT A
9. Ysd de.lre to make s.ns expla,
lr,tions ~ to ExAss4t no. pa Ys
1.t- y $780, --- $3.50