Tombstone epitaph., 1922-06-04
EXPECT OTHER ARRESTS IN BANK CASES.

out oi the closing or The tentrai Bank of Wilcox and the conviction of $. E. Brown. cashier. who was found guilty here yesterday by jury after 2o minutes deliberation. was the in formation given out today by County Attorney J. F.SRoss.
 Sentence not having been prCnoanc- ed yet on Brown, and will not be un- til notice of appeal has been given and writ of probable cause given. Mir Ross said today that as to whether he will try any Of the 12 other cases against Brown and Reid will depe nd on the sentence imposed on the two men Reid may be given minimum Of to l5 years in the state prison or 6 months in the county jail and a fire of $500 for his offense. while Brown can receive maximum of 10 J years Tor ms crime.
 It is probable also that release oi Brown may he asked for on bail by his attorneys. but in keaninc with former precedent. Judge Lockwood. it is understood. will not s-ant bai. which may later he applied for in rhe Supreme Court. if appeal is talk en
 Speaking of the case today County Attorney Ross stated in review of the history of the case. that he start cd to develop evidence in he bank cases last November. placing c. W Brown. expert accountant al work, and within two weeks after frown started work on the books he was satisfied that B. Brown. the eash- fer. was guilty and a thorough audit oi the books was made, which re suited in the filing of fourteen cases against both Brown and Reid
 In developing the case. seyeTa! trips were made to Phoenix. and in Texas. Fl Paso, Cisco. Lee Ray and Breckenridge were visited, al each place additional evidence being secur- ed from banks and from correspond ence between Brown and Reid with banks Witnesses were brought from all these places for the trial. as well as other parts of the state Other witnesses in New York were fo.nd to be unnecessary during the trial
 In compiling the evidence for the trial over 400 pages of typewriter matter were required which necessi- , tated the work of stenocrapher for over two months. MT. Ross stated. the work requiring most Of the time of the county attorney since Novem- 1 Der. and especially during the past two months. as well as that ot his auditor, Brown.
 : According to the evidence offered | by the state during the trial fhe ex- tent Of the losses of the detunct bank were shown to have reached a total of sl32.oo0 while assets as proven by the receiver reached only about $2S,000 The evidence also showed that of the loans made and bad paper floated over s5 per cent was in the hands of 12 men. aggre gating between s10O.000 and s125.0o0 every one of whom was proven to be insolvent, one having gone through bankruptcy.
 IL vas also proven that one man J. B. Gaughan. had borrowed $21, ,000 from the bank through Brown, giv ing as security spurious railroad bonds. and that Brown had received as his share of the cut a total of about $s5G0. which he practically ad mitted on the stand during the trial Due to the Brown trial the floating of the spurious bonds has been clear ed up. Mir. Ross said today, the Southern Pacific Railroad company sending two men here during the trial at their own expense to assist, since they had been tracing the bonds for years and were unable to locate them.
 | The state also proved ihaa Brown received other "cuts" from bad loans made aggregating some 5000
 The trial of the Brown case is con sidered one of the most important ever tried in the state from a stand point of evidence and points of law | raised which UjII he finally seff1of