The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-02

. After a temporary seating
of the jurors, government and
defense attorneys began a
rigid questioning of them.
Federal Judge James H. Wtlker-
son. CARRIED in black judicial robes
and towing with its black cord, sat
quietly as the indictment was read.
To all appearances the trial OF
Insull-unfolding the drama OF an
English lad who rose from book
keepers bench in London office to
fabulous wealth-held no more in
terest for him than the everyday
routine Of his court.
The 74-year-old insult. at the
end of weary odyssey which
carried him almost around the
world in flight from the law, listened
attentively as the clerk read the
charges rapidly.
Indictment Is Read
They recited that the defendants,
all of whom rode to riches on the
crest of the insult wave, were guilty
of using the United States mails to
defraud trusting investors. Cutlery
promises were mailed to thousands
OF persons, the government charged.
to sell $143,000,0 900 in stock OF the
Corporation Securities Company.
The Securities unit was major
link of the insult empire that
reached into twenty-three states.
insult. seated thirty feet from the
mahogany bar of justice shined to
the luster of a mirror, cooked a
hand to his ear to hear the indict-
ment read.
How is your health, Mr.. Insull?"
asked a newspaper man. walking
over to him from the specially con-
structed press table.
"Oh, 1 feel fine, he answered
CURLY. Yes, l feel swell"
A moment later he remarked that
he was sure he would be indicated.
II fear the length of the trial
more than the outcome" he added.
Mrs. insult, the former Gladys
Wallis of the stage who won the
heart of the young insult when he
saw her in THE School for Scan
dial" nearly a half century ago, was
not in court.
Son Is Defendant
On a bench just behind the
courtroom's railing sat the seven
teen defendants, close enough to
their attorneys TO whisper occa-
sional comments as selection Of a
jury was begun. Besides insult they
are:
Harold l.. Stuart, president of
Halsey, Stuart & Co., investment
firm that dealt in insult securi-
ties.
Stanley Field, banker and nephew
of the late Marshall Field, Chicago
merchant.
Charles B. Stuart, vice-president
of Corporation Securities Company,
the stock holding apex of the insult
utilities empire.
Frank K. Schrader, director Of
Corporation Securities.
Charles w. Stills, president Of
Corporation Securities.
Fred H. Scheel, president OF
Utility Securities Company.
Robert w. Waite, president
and treasurer of Utility Securities
Company.
Frank r. Evers, secretary of IT'LL
ity Securities.
George A. Kemp, assistant sec
rotary of Utility Securities
Waldo F. Tobey, counsel for Cor
poration Securities.
Clarence r. WhitWorth, auditor
for Corporation Securities.
Edward j. Doyle, president Of the
Green Is Prosecutor
Commonwealth Edison Company.
Clarence T. Mac Nellie, secretary
and treasurer of Corporation Sc
curities.
Philip j. McEnroe, president
of Corporation Securities.
John E. O'Keefe, assistant secre-
tary of Corporation Securities.
Samuel insult Jr., director Of
many insult companies.
The burden of proving the alleged
fraud will fall chiefly upon Dwight
H. Green, United States district at
torney, and staff especially aug
mented for the trial
Heading battery OF legal experts
in defense of insult and his asSc-
ciates was Floyd E. Thompson.
If convicted on all the counts
voted against them by grand jury
the seventeen defendants could be
sentenced to 125 years imprisonment
opd 6pac IF eoS0 mn each