Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1928-10-25

would be personally liable-if those
checks were held in the dice without
being deposited within a certain
length Of time.
Check dated August 28th, 1926,
drawn on the Riba State bank in the
sum Of $500, and payable to the
Farmers 4 Merchants State Bank,
was drawn forthe payment of war
rants in the usual course of business.
Check dated September 3rd, 1925,
in the sum of $500. drawn on the Ribs
State Bank and in favor of them,
marked Currency" was also drawn
for the payment of warrants in the
regular course of business. As to
check for 81 100000. dated September
4th. 1925, payable to Farmers e. Mer-
chants State bank and drawn on them,
being exhibit 38-F, that also must
have been for the payment of war
rants in the course of business sal
airy warrants and things like that.
Check dated November %, 1926, be-
ing exhibit $3.50, in the sum Of $40
drawn on the Riba State Bank and
in favor of them, | believe was for
silver. Our purpose of attaining sill
yer was to have it for change in the
office. Exhibit 38-H, being check in
the sum of six thousands dollars,
drawn on the Riba State Bank, and
dated November 16, 1926, in favor of
them was to provide room for the de-
post of checks in the bank, checks
which | have received in the payment
of taxes and delinquent taxes. Check
1871, in the sum of $4,000 90, dated
November G., 1926, payable to Riba
State Bank and drawn on them was
also to provide for depository checks.
Exhibit 38-K, dated September rs,
1926, in the sum of $4,000. 90, drawn
on the Riba State Bank and payable
to them, has a notation ON it eur
rency" and that check was also to
provide repositories, as was likewise
exhibit 38-L, being a check for $1,000.
AS to check for Sic, 0OO. 90, exhibit
38-D, dated September 9Th, 1926, pay
able to P. ]. Ackelstad and drawn OH
the Riba State Bank, that is for cur
rency to be used in the office for
the payment Of warrants and other
obligations. | don't 1emember the
exact circumstances or how it came
up that Mr.. Ackelstad gave me $751;
90 for currency when l issued him this
check.I believe at that time that Mr..
Acklestad was carrying some cur
rency of his own there in my office
which was in the envelope, but | be-
lieve he did take this currency out
of an envelope alright.
AS to check for $500, dated Sept
ember 18th, 1926, drawn on the Rihs
State Bank and payable to them, that
was drawn for the. payment of war
rants in the regular course Of bust
ness.
The reason for not depositing in
these banks the cash which l received
during the months of October and
November, 1926, was that the local
banks did not have sufficient secur-
tiles so that they were at all times
filled as far as deposits were con-
cerned, up to the amount of securi-
ties deposited, and never at any time
did the County commissioners ever
designate any bank outside of the To-
cal banks with which / could deposit
county funds. / had requested the
local banks from time to time to de.
post with me additional collateral Sc.
ccurity so that / could deposit this
money with them. This request was
made of practically every bank in the
county, and at no time in the fall Of
1926 did any of the banks in the coun.
ty deposit with me any additional Sc.
curity to protect funds greater thar
that which | had already deposited
with them belonging to Sheridan
county.
My reason for taking this burglary
and robbery insurance in November
1926, was that | realized there woulc
be considerable cash during the
months of November and December
of that fall; that 1 had not sufficient
repositories to deposit all checks and
currency that came into the office
and that vas my purpose in taking out
this large amount Of insurance.
Relative to my cross examination
in whichc l was asked as to the par
ticular time the various clerks left
on the day of the robbery, l don't be-
lieve there was anything that called
my attention to the particular time
when any of the clerks left the off
ice that night. 1t was customary fol
the clerks, whenever they finished
the work they were working on, anC
five o'clock came, to leave. did MOI
request the clerks to do any over time
La - - 49,. 4L.~,