The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-02-27

circuit court records include SIS
lounging robe and SO shirt.
One ward was forced to pay for
being locked up in a Pennsylvania
Jail, out of the funds in his estate
in Indiana.
1t will be shown how one ward
was permitted to spend $426.45 in
clothing in a period of approx
mately eighteen months.
Vouchers on record in the county
clerks Office are shown to be incon-
sistent as to signatures and in turn
do not coincide with the checks
issued on those vouchers and held
in the old Marion National bank
and now in the guardianship rec
ords of the Marion National Of
Marion (the new bank and new
guardian of the trusts.
Procedure Is Studied
In one case, a veteran Scrawled his
name on a voucher at one time on
one day and then on the same day
could not write his name and merely
made a mark *"
Proper bank procedure is to have
signatures made with a mark done
only above the signature of wit
nesses. No witness attested to the
mark made by the veteran who
could not sign his name at one
time and then could sign it at an
other on the same day.
In some cases, the court records
show unsigned vouchers charged to
the estate.
Checks in bank accounts of the
wards show no Endorsements in some
cases.
Securities in Default
In turn, it will be shown that
in the regional bureau of the United
States veterans administration in
indianapolis, twelve groups of Sc
curitieS purchased for veterans dur
ing the regime of the closed Grant
Trust, are listed as defaulted and
in some instances on deposit for
protection of the bondholders.
1t will be shown that the sue
ceeding or substitute guardian of
the Grant Trust, the First National
of Marion now in receiverShip)
purchased securities without first
obtaining court order for the in
vestment.
Early records of the guardianship
OF the insane veterans show trust
officers and other bank officials petit
tioning to have veterans declared
insane and then accepting the
guardiapship Immediately afterward.
1t will be shown that although
one veteran was declared by doc
tors to be of such i'll health that it
would be injurious for him to APP
pear in court, that within a short
time after the insanity verdict, he
was purchasing clothing and spend
ing money in shops of Marion.
The Times will show an interlock-
ing of directorships between some
of the closed banks and corpora
tons to which purported loans were
made out of the veterans funds.
Hands OFF, Is Charge
The investigation will disclose
mortgage loans being made to en-
ployes of the Grant Trust out of the
guardianship in that bank.
According to newspaper reporters
of Marion, officers of one of the
closed banks asked Marion news
papers to pursue a hands off,
policy.
1t will be shown attorneys in the
regional office of the veterans bu-
reau in Indianapolis investigated
the guardianship in the Grant
Trust as far back as the spring of
1888 in an effort to recover alleged
losses to the estates.
On the other hand, it will be
shown that the Veterans of For
eign Wars of Marion took an active
interest with Congressman Glenn
Griswold in agitating for true ac-
counting and restoration of the
finances of the trusts.
(Next-BOnds and BathrObes.)