The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-27


Upon each of the first ten
counts Walb was given a four
year sentence and two years
upon each of the last two
counts. All sentences run con-
currently, however, so Walb
will wipe the slate clean with
four years behind bars.
Weaver was given two and one
half years upon each of the first
ten counts and two years upon the
last two. He gets out in two and
one-half years since his sentences
also are concurrent.
The court assessed no fines, al
though he ordered court costs as
sesSed evenly between the two de-
PENDANTS.
Refuses Liberty Till Monday
Weaver requested his liberty until
Monday to visit his family. Judge
Lindley refused, but granted both
men until this afternoon to be with
relatives. Then the trip to Leaven-
worth, by way of Danville, Ill, was
to begin.
Deputy United States Marshal
John Gotlin of Ft. Wayne was in
charge of the prisoners,
Judge Lindley remarked that he
would be willing to recommend
parole for both men as soon as they
have served the required one-third
of their time.
This would make Weaver eligible
for parole next February and Walb
eligible in August, 1929.
Walb and Weaver stood passively
In front Of the bench while the court
scored them as "faithless to their
trust" and passed sentence. Weaver
was more at ease than Walb.
Walb stood with hands in his
trousers pockets at first, but ap-
pearing to sense that this was not
quite the poise for such courtroom
scene, took them out and decorously
claSped them behind his back.
"You men owed the depositors and
stockholders of that bank your fl
deity" said Judge Lindley, "and yet
you cooperated in an actual theft of
the banks property"
Calls WaIb "AggressOr'
The judge declared he viewed
Walb as "the aggressive party"
"In my opinion, Weaver never
should have been president of that
bank. I don't think he was fitted
for 1t.
"Of course I must give you SEN
tence that will mean something. I
must do this to deter other men
from doing as you have done.
This has to be done regardless
Of the pain to your families, the in
nocent sufferers"
Jury Wastes No Time
Weaver pleaded guilty Wednesday,
just after the State had completed
it's testimony. Walb was found
guilty by the jury, which deliberated
only ten minutes after receiving the
case Thursday afternoon.
The jury took only two ballots,
the first standing IL to / for con-
viction and the second being for
conviction upon all twelve counts
of the indictment.
The first information about con-
ditionS in the bank, resulting in
the convictions, was given to the
public by The Indianapolis Times
last fall as part of the uncovering
of Indiana political corruption.
Walb blusteringly denied the facts,
since proved to the State chairman,
saying he was doing it purely be-
cause he desired to devote all his
time to his extensive business in
terests.
Calm as Verdict Comes
Walb heard himself pronounced
guilty Thursday without crack
in the front which he has main
tanned. He twirled an unlighted
cigar in his fingers and dropped his
head slightly. Neither he nor his
attorneys would comment
Weaver, however, walked out of
the courtroom like a man freed
from q weight. His spirits had been
noticeably brighter since the day he
changed his plea to guilty.
His son, Hobart, former cashier
OF the bank, sat with him through
out the trial. Weavers health is
regarded as precarious. He suffered