New Britain herald., 1926-03-04
Bankruptcy Referee Rules That Receiver Can Have Only Until Saturday In Checking Accounts With For mer Treasurer.
Ioday's Hearing Brings Out Statements by ex- Official That He "For- gets" a Numbenof High ly Significant Events.

Hartford, Conn, March { 0p--a Harold Gilpatric, defaultins cash,er or the First National bank of put- nafh' Will be taken back to At,srt, prison Monday.
 The former banker. whose hue. empezzlements over a. period of .ey- eral years wrecked one of putnar,,a leading banking institutions bas been in Connecticut for the mast three weeks during which he has iaced his creditors in bankruntcv court three times. His temnorar, prison has been his fathers boma m Putnam, in which place ha ha. aldeu George NJ. Coffin, receiver of me wrecked bank, in the latters a, tempt to straighten out the tane,ed aualrs and records of that instit, ton. -l'''''u@
 Saturday Is Last Day
 At the conclusion of a hearing in bankruptcy court here today. Ref- cree in Bankruptcy Saul Berma, announced tha the could not consent 10 additional hearings. gave Receiy. er 'oltln until Saturday night to compete his re-check Of tba roo ords at the Putnam bank and ou dered George W. Hughes. Gilpatric,s sudrd' to return the prisoner to Al ianta Monday 10 complete a fifteen year sentence for embezzlement
 mus will come to an end. fl scribe or hearings in which Gilpatric's er. pezzlements of more than a half mi, Iio.l doilars were reviewed by various oniciais representing the Putnam nank the creditors of the wrecked ihSututlon. directors of that bankinc mousse and the state of Connecticut
 State Probe Continues
 While Gilpatric will not be ,r connecticut for further ouestioninn atter Monday, an investigation start tu by the state of Connecticut ,n 1 learn IT possible the extent of Gil. patrlc's manipulation of state bonds while he was serving as state tre.s- urer will be continued. commit, tee or three has been appointed for 'hls purpose and the committee has engaged the service of .. H. Scove,l boston accountant. who has been n, work on state records for some time
 MT. Scovell has taken part in practically all of the Gilpatric hear lhgs during the past three weeks and mas brought to public attention that It IS possible that there was manI- pulation by Gilpatric of the state's purchase Of more than million uoi!ars In government securities. Questions Gilpatric
 MT. Scovell was the principal oueS toner of Gilpatric today, his inves- tlgation being conducted in an st- tempt to get from the former bank CTS lips some definite statements re. garding the states purchase Of Vic rory Loan Bonds totaling s7co,on0 put through the First National hapl, or Putnam by Treasurer Gilratric
 MT. Scovell brought out that seven banks took part in the states pnr. chase of s1,300,000 In Fifth Liberty Loan bonds in 19t9. that six of the seven made reasonable deliveries but that there was considerable delay bv the Putnam bank in completing it's transaction.
 Ii was also shown by the Boston accountant that before delivery was made. the state treasurer had sold S5oO,o0o Of the Fifth Loan issue ori. cinally purchased for the state and had purchased $500. 000 in bonds or 
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