Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-12
Ledger Account and Sales
Notice Covering 100 Shares
Listed as Evidence.
BANK REPRESENTATIVES
IDENTIFY THREE CHECKS
Clerk for New York Firm Also
Identifies Records and
$33,OO0 Draft.

Testimony to show the operations In
the stock market Of Harry w. Haynes
was introduced today in the trial of the
former president of the Farmers a. Me-
chanics' National Bank, who is accused
OF mtsappiying funds of the institution.
Harold May, a member of the firm Of
Dyer Hudson, New York brokers, iden-
titled several records in this connection
One of these was the copy of the
ledger account Of the H. " Haynes
Syndicate, one of the designations
Haynes is said to have used in the oper-
atoms charged against him. Another
was letter to Haynes acknowledging q
$4,000 check for this account Anoth-
er was sales notice sent to Haynes
covering 100 shares of stock. Another
entry in the account showed that a
check was paid to the H. v. Haynes
Syndicate on September IL, 1928, clos
ing this account.
Three Checks Identified.
1t was brought out by H. Winship
Wheatley, chief Of defense counsel. that
this account was transacted through
the Atlantic City ONCE of Dyer Hudson.
Representatives of two New York
banks also were called. C. v. A Walsh,
assistant secretary to the Irving Trust
Co. of New York, identified three
checks issued by that company when
1t was known as the American Ex-
change irving Trust Co. These were
for $5,125. $4,000 and S32085. United
States Attorney Leo A. Rover. conduct
ing the prosecution, said the checks
were not yet being offered in evidence.
Another witness was Harry v. Gay
nor. who is manager of the transit de-
partment of the Manhattan Trust Co.
Of Navr VOrk w identified IN HE
ordS an item cleared through the Fed
eral Reserve Bank at Richmond. The
nature OF this item was not made known
Immediately.
$33,000 Check Shown.
After the Dyer-Hudson witness. the
Government introduced Lawrence S.
Hoffman, billing clerk of Josephthal Sc
Bro, the other New York brokerage
house with which Haynes Is said to have
dealt. Hoffman presented a copy of
what was described as Haynes ledger
account with JoSephthal. He also identi-
fed several other items. among these
check for $33, 900 from Haynes. Includ-
ed also in this exhibit were messages
exchanged between Josephthal and w.
B. Hibbs & Co. of Washington, through
whom Haynes is said to have dealt here.
Hoffman was still on the stand as the
noon recess was taken.
Cecil G. James, head of the transfer
department of the Chemical Bank &
Trust Co. of New York. identified three
Houston oil stock certificates, said to
have belonged to Haynes. The purpose
of this move was not brought out at
that time.
Richmond Banker TeStifieS.
After a morning devoted to selection
of the jury and presentation Of the
Governments case by United States
Attorney Leo A Rover, who is assisted
in the prosecution by John j. Wilson,
the taking of testimony was started
yesterday afternoon.
The first witness was r. w. Mercer
of the Federal Reserve Bank Of Rich
mond. which cleared Farmers & Me-
chanicS' checks, the bank having been
a member of the Federal Reserve Sys-
tenn.
H w. Burnside, who was assistant
cashier under Haynes, then was called
to explain "cash items" in banking,
Rover's opening statement having been
that the use of cash items" had been
to by Haynes in his alleged
which, Rover said, en-
tailed a loss Of 100000.
Burnside said such items were paper
left with the bank as evidence of a
cash disbursement.