Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-03-06
SIPE BLOCKS
MOVE TO GET
AT EVIDENCE
Continued From Page onc.)


I of the bonding company, which had any
reference to any purchase of stock in the
! Hamilton Harris company.
! Sipe denied he had borrowed any
money from Lucius B. Hamilton or any
member of the firm.
| Under oath and in public court, Sipe
/ admitted that he understood that his
shortage would reach $4,000 but esti-
mated the value of his securities turned
over to the trust company as being Of
q value Of about $4,000.
| 1T will depend on how the stock Is
handled" Mr.. Sipe explained in liking
| the probable value at $4,000.
He admitted that he drew large sums
/ of money from the bank and admitted
| transactions indicated on the list of
| property turned over to the bonding
| company.
| He declared that at the present time he
had no bank account nor any funds. He
said there were a few odds and ends"
which he mad not turned over to the
| bonding company. He said that there
was one note for 5000 which he had not
turned over. He refused 10 state to
whom the money was loaned. He de-
clared he had turned over all Of his prop
erty and assets in an effort to square his
/ accounts.
DECLINES TO GO
INTO DETAILS.
| He refused to go into detail concerning
the receiving of $1,000 in a check which
he, as clerk, was obligated to turn over
to Mrs. Parrish, the plaintiff in the suit
He admitted as far as he knew she had
not received the money.
He admitted in answer to question
Of Mr.. Schlosser regarding a $1,000
( transaction that such q transaction took
place, but refused TO give details.
| Schlosser asked, when you made sales
Of your stock, you Put the money back
/ into the clerks Officer
Yes, 1 did" Sipe answered.
I Sipe admitted Ioaning $500 to the
/ Pivot City Realty Company, but did not
/ go into details
! Following Sipe's testimony, he was re-
| turned to Jail by Sheriff George Snider.
I Attorneys on both side stated their
positions In the receivership matter be-
fore Sipe testified. He sat in the court
room hearing the statements Of counsel
concerning his misuse of funds.
( Judge Robert Dalton, judge pro tenn.
overruled a motion Of Attorney Charles
1 w. Moores to strike the petition for
receiver from the files.
The hearing was resumed after the
| noon recess.
County Clerk George V. Coffin today
money ranging from 500 10 5000. If
parties owing Sipe do not pay up or re-
/ turn the stocks they hold. Mr.. Coffin
states he intends to hle replevin suits.
CLERK TO SUE
BONDING COMPANY.
The county clerk also will file suit soon
/ against the bonding company on the Of
/ fetal bond Of Sipe for 100000 Attorney
| Schuyler Haas stated today.
Demand has been made by the county
clerk upon the bonding company TO turn
over all stocks and money to the clerk,
/ but the bonding company has not met
the demand.
/ Frank Childers, chief deputy TO Mr..
/ Coffin, stated at noon today that $500
has been received from a representative
Of william II. Armitage, who is the
chairman OF the executive committee Of
the Marion County Republican League.
Mr.. Sipe made a contribution Of $500 as
a campaign fund. This was turned over
to Mr.. Armitage. who gave It TO Jesse f.
Miller. treasurer Of the league, 1t is
stated. The money is now back in the
hands Of the county clerk.
Judge Collins instructed the jury TO
Investigate "aIl facts and circumstances
surrounding the alleged misuse OF
funds" and to determine what persons,
! firms or corporations received money
from slpe.
| Judge Collins impressed on the grand
jury that they are under oath to do their
duty in the case and insisted that they
spare no one,
He told them to inquire diligently IN
to Misrepresentation. conspiracies and
methods Of keeping the records in the
clerks office. He informed them that
I o. ~ ha oP will
give them all the assistance necessary.
| County Clerk George V. Coffin an
bounced he expected to receive money in
amounts ranging up to 5000 from per
sens who obtained loans from Sipe.
Judge Collins instructed the grand
| jury follows:
( To the foreman and members Of the
/ grand jury Of Marion County:
The statutes OF Indiana make ii the
I duty of the court to call you together
I from time to time during the term and to
! give you such information and such ad-
ditional instructions as it may deem
! proper in relation to any charges and
crimes returned into court or likely to
| come before the grand jury.
Under the instructions heretofore given
! you were instructed among other things
to inquire, Unto wilful and corrupt mis-
conduct in office Of public officers of
every description"
1t becames my duty now to direct your
attention to the facts that on the 2Sth
day Of February 1922 Richard v Sine
the duly elected, qualified and acting
clerk Of Marion Circuit Court, rendered
his resignation to the board OF county
commissioners Of Marion County, which
resignation was accepted and his
1 further direct your attention to the
fact that on the day following his resig-
nation 2S clerk of the Marion Circuit
] Court an affidavit was filed in the Ma
rion Criminal Court charging said Rich
ard V. Sipe, clerk of the Marion Circuit
Court, with the embezzlement of five
thousand dollars $4,000 that he was
Immediately placed under arrest and,
upon his failure 10 give bond, was i'm
prisoned in the Marion County Jail and
is now in said Jail in the custody of
the sheriff of Marion County.
800 900 SHORTAGE
ALLEGED TO EXIST.
Through admissions to officers OF Ma
rion County and statements in the pub
lie press shortage of more than one
hundred thousand dollars (S100,000) Is
alleged to exist in the off ce Of the clerk
of the Marion Circuit Court.
Under the statutes of Indiana, the
clerk Of the Circuit Court also is clerk
Of the Superior, Criminal, Probate and
Juvenile Courts. Such clerk is required
TO give bond with surety as required
! by law in a penal sum fixed by the
board Of county commissioners and ap
proved by the board of county commits
Gioners for the faithful discharge of the
duties Of his office and the payment to
the proper person or persons Of all
monies that may come into his hands
as such clerk.
The statutes further provide the clerk
Of the Circuit Court is authorized TO re-
ceive money in payment of all judgments,
| dues and demands Of record IN his Of