The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-04
Amount Owing March l.,
1929 Is Expected to Be IN
creased by Testimony Late
Today Seventy FinancierS
Testify in Trial.
ADDITIONAL WITNESSES
ARE CALLED BY STATE
Handwriting Experts May Be
Questioned Saturday by
Prosecution About Sigma
tureS Upon Notes Dis
counted by Governor

tureS Upon Notes Dis
counted by Governor
Governor Warren T. McCray
had banking Indebtedness of
81, ,247,471.51 March l. 1928. ac-
cording to testimony of about
seventy bankers, witnesses for
the State, in the Criminal Court
trial of the Governor on charges
Of embezzlement and grand
larceny of $155,O0O of Indiana
board of agriculture funds.
Attorneys for the State said this
amount would be increased by evi-
dence Of more bankers this afternoon.
Contrary TO expectations. the State
4 v-ill not conclude its case today.
More Witnesses Called
Clarence W. Nichols, special prose
cutor. said that the State had decided
to call additional witnesses and that
it would be some time Saturday before
they could be heard. It is understood
these additional witnesses viii be
handwriting experts who are expected
to testify that signatures Of many
notes discounted by Governor McCray
at many banks and put up by him as
collateral with the board Of agricul-
ture are in the handwriting Of the
Governor.
According to testimony Of /. Newt
Brown Of Franklin. former secretary
. treasurer Of the board of agriculture.
Governor McCray gave him q finan-
eial statement. as Of March !. 1928.
placing the Governors liabilities at
s37,6s416
Lawrence McNamee. president Of
the Gary State Bank Of Gary. Ind,
$4,000 direct.
Dennis A. Cray. vice president Of
the First National. First Trust and
Savings. First Calumet Trust and Say
ings. Indiana Harbor National Banks.
all of Chicago. $32 900 indirect.
BOOnviIIe Banker Testifes
Louis ". Bohn, president of the
Peoples Trust and Savings Bank of
Boonville. $5,O5O indirect
Harry A. Lawson, president Of the
Security Trust and Savings Company
Of Shelbyviiie. S5.O5O indirect.
E. w. Gilman. clerk Of the loan
and discount department. Of the Har-
ris Loan and Trust Company Of Chi
cago, the first witness today. testified
that, on March 1. 1928. McCray owed
the Harris Company 100000 direct
obligation.
other witnesses testified to the fol
lowing Indebtedness:
John H. Croxton. president of
Steuben County Bank of Angola,
$1,000 indirect.
A. H SchneII. csahier Of the
Peoples Savings Bank of Evansville,
$40 900 direct.
]. F. Hall, vice president of the
American National Bank Of Vim
eennes, 1890 indirect.
This brought the Governors liabiH-
ties on March 1, 1923. as testified to
by bankers during the last three days.
TO $1.O7O, ,s23.22.
C. H. Aver. cashier Of the North
Side Bank of Evansville. said the Gov
ernor owed his bank nothing March
l. 1923.
Politician on Stand
Stuart P Fisher. president of the
Peoples American National Bank OF
Princeton, Ind. and First District
Republican chairman, s27,5S1.75 in
direct.
Fred Saint. cashier of the Farmers
and First National Bank of Newcastle.
$4,000 indirect.
H. E. Heaton, cashier of the First
National Bank of Jeffersonville. $4,000
indirect.
Charles w. Camp. formerly State
bank commissioner, and now a stock
holder in the Garrett State Bank of
Garrett, $4,000 direct.
R. E. Berry, assistant cashier of the
First National Bank Of Gary. $4,000
direct
E. F schuemann. cashier of the
First NatiCral Bank Of F't Wayne, |
one Of the banks which brought the
Federal Court bankruptcy proceedings
! against McCray. $4,000 direct
O. X. Rain, cashier of the Chicago
State Bank of Chicago. 81. 900 indirect. |
W. ). Killigrew, cashier Of the Ho-
bart Bank Of Hobart. s5.13O indirect.
James L. Gavin. a director of the
Northwestern State Bank Of Indian
apolis, $1,000 direct
w. J. Clark. cashier of the Farm
ers Savings Bank of Muncie, testified
McCray had no Indebtedness at his
bank March /. 1928
Ralph K. Smith. vice president and
cashier Of the Fletcher American Ma
tIonal Bank Of Indianapolis. was on
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