The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-03
Amount of Liabilities Shown
by Witnesses to Have Ex-
ceeded Governors State
ment on March /, 1925
by 100000,
PROSECUTION MAY END
EVIDENCE BY FRIDAY
I OtaI of Obligations Set Out
for Fair Board Compared
/. With Amount Testified to in
/ TriaI-PIan of Attack Ap-
parentIy Changed,
parentIy Changed,

parentIy Changed,
That Governor Warren T. Nc
<Jray's liabilities March l, 1923,
we're more than 100000 in ex-
s less of the amount given in a
fnaneial statement issued by
him. was indicated by testimony
zbf bank representatives from all
parts of Indiana, today, in the
Criminal Court trial of the Gov
ernor on charges of embezzle-
nent and grand larceny.
When court adjourned at noon.
ankers had testified that obligations
q the Governor amounting to 1852
3 3s12 were held by them March /.
qas.
n Attorneys for the prosecution said
bis amount would be increased still
Is rther by witnesses at the afternoon
Ssession.
IN a statement Of liabilities and as
Ssets placed in evidence Monday, and
said by T. Newt Brown. former sec
1retary-treasurer Of the Indiana board
OF agriculture. TO have been given to
him BY the Governor last summer.
the Governors liabilities were placed
at sS7, ,6s41S and his assets at a2.-
a1s.51s.21.
Brown Received Statement
This was s21s,44s.72 less than the
amount Of his liabilities testified to
by bankers this morning;
The statement of the Governors
liabilities and assets was given TO
Brown. according to Browns tesu-
nony, in connection with the boards
turning over to McCray s155.000 of
its funds, which McCray is chraged
with embezzling.
It was believed that the State will
conclude its case Friday. Apparently
there has been change in the States
plans as to certain witnesses. It is
not believed that Harry NJ. Moberly
Of SheIbyville. who was president Of
the board OF agriculture when the
money was turned over to McCray,
and Thomas Grant of Lowell, board
member. will be placed on the stand
by the State. 1t is believed that both
will be used as important witnesses
for the defense.
James Flaherty. treasurer and vice
president Of the Fidelity Trust Com
pany. was the first witness today. He
testified that on March 1, 1928, Nc
Cray owed the trust company $4,000
OF direct obligation.
II. Z. Beesop, cashier of the Co
lumbia State Bank of Columbia City,
nd. and Frank H. CutshaH. vice
president Of the Old National Bank of
ut. Wayne. Ind, when asked how
much Governor McCray owed their
banks March 1. 1928. answered,
Nothing at all"
Judge Rules for State
All morning, the State continued to
introduce bankers from various In
diana cities. The witnesses testified
as to the amount of Indebtedness of
the Governor to their banks on March
/. 1923. both by his direct notes and
on notes he indorsed and discounted.
The defense counsel objected that
notes indorsed by MoCray were not
his debts, but Special Judge Harry o.
Chamberlin held that the obligation
would be McCray's on his indorse-
Inent if the notes were worthless on
the signatures.
When George Z. Nichol. president
CT the Farmers Trust Company. Of
Anderson, testified that McCray owed
tis bank So 900 on a personal note,
and s2,e50 indirectly on a note made
TO the Governor and signed "A. L.
HERMAN & Co.," which the Governor
indorsed to the trust company, the
Governors total indebtedness, as
shown by the State, for March I,
1928, was brought up TO $685., ,23222.
TT. Wayne Bankers Appear
George w. Clark. vice president of
the Fl Wayne State Bank Of F't.
Wayne, testified the Governor owed
his bank $1,000 direct Indebtedness,
March 1. 1923. Frank ]. Mills. as
Instant secretary Of the Tri-State Loan
Ind Trust Company of FIT. Wayne,
said the Governor owed his company
nothing on that date.
Willard NJ. Thomas, assistant Sec
retary OF the Citizens Trust Company
OF Ft- Wayne, said that on March 1,
1873. his bank held five notes indorsed
ty McCray, totaling S14,599.72. OF
these notes, Thomas testified. one for
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