The independent. (Lincoln, Neb.) 1902-1907, March 08, 1906, Page PAGE 6, Image 6

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    PACE 6
Nebraska. Independent
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WALSH UNDER ARREST
FORMER CHICAGO BANK PRESI
DENT ACCUSED.
Government'! Bill of Complaint Al
leges That He Juggled Returns to
Comptroller and Converted Large
8uma to Hit Own Use.
Chicago John it. Walsh, president
of the defunct Chicago Natlonul bunk,
which ekised Us doors December IS,
l'JOii, was taken into cuslody on a
federal warrant which charges him
with violation of the national banking
laws In making false returns to the
comptroller of the currency, and also
asserts that he converted to his own
use without proper authority funds
of the bank amounting to $,1,000,000.
He was released after giving bonds of
'150,000.
Date of Alleged Wrongdoing,,
The complaint alleges In specific
terms mat on November 18, 1905, the
Chicago National Tiank transmitted to
the comptroller of the currency a
statement of the financial condition of
the bank at the close of business on
November 9. In this statement "the
said John It. Walsh unlawfully made
certain false entries to the eflect that
at the close nf InmlnAHa of iha uih
day of November the amount of loans
and discounts of the said banking as
sociation on which the officers and
directors thereof were then liable
either as payer or endorser was 1245,-
000. whereas in trut htho nmmint nf
such loans and discounts was $:,-
000,000; and another false entry to
me enect mat the amount of loans
and discounts of the said association
on wnich the officers and directors
Were not liable ilH liawra nf smlnrcnro
was J10,G58,226, whereas in truth the
amount of such loans and discounts
on wnieti otllCers and directors were
not liable, was much smaller, namely,
,buu,uou."
"Intent to Defraud"
Another section of the complaint
autoes mat Walsh had in his posses
sion funds and moneys nf th hunk
nmoii(i;ing to $.'1,000,000 "with Intent
to injure and derraud the bank. The
$3,000,000 mentioned in this section
of the complaint Is, however, Identical
with the amount specified as being
loaned to officers of the bank.
It is further alleged that John R.
Walsh and John M. Smyth and Wil
liam Best directors of the bank, "and
other persons too numerous to men
tion," unlawfully niisanniiioa ttita
money by converting It to the per
sonal and private use of John K.
Walsh without any uroiier mithoHiu
whatever.
The arrest of Mr W..iuh
direct reSUll. of (hp.fjiHf ovnml
of the books of the Chicago National
uhuk maue uy special Bank Examiner
Arthur I.. Curry, sent to Chieatro from
Washington. Thn ri
- - " UU4DII4 iU
uio treasury department in Washing
ton was sent to DImIi-Ipi Anr,,,,, ,...
, . ........ ... j.i.vui in j inui
rison In this city, with instructions to
lake proper steps in the matter.
STOP
SMOKING
im .h .... . . . . .7
f lit'taS0"!''' """I1 Pol" " M (akull and
tin., i. T,.r.. L - rutmmi. Ktco-
tl!;:'i-cJ.,,'!n,s7,,',t,','l,'
th -;.". ",. "" urarina. it cunts
the craylng. tb appetite, fr tobaito, brfntrii ba-
i""b''"'n'',r lth.th,tr.,whr youth and the
"my nd )urKethilthe blrlbrlKhl of awry
Aiueru-an. In bundrHlof ca . sample nan cured.
. HERE'S ONE
Arter using tobacco forty-rlve years your
.,.,?m,,U, tt" tohttc.o-sVclHo
rL"' enW- 1 " "ry thankful to jou
for the remedy." m. r sM1THi " ,uu
KockiuKhttm, Vfc
i . ANOTHER.
.k ?.!?f!!!l . f, "l"" una tobacco nine I
had cheared and Muuknt for 60 y,ra, and ner
to unui I BMd your ivmwly."
t, K. Wellington, Boyco, Trias.
TREE TREATMENT COVPON i
trill and ..tt. by wurn nan. ,. 5Va.
Th.ffwirlalM,.Mfc.urwl hMBdruTiwi
Mr. Walsh Denies Charges
After being released on bail, Mr.
Walsh made the following statement :
"The charge in effect is that as
president of the bank 1 Kii?nt..i
port to the comptroller, which report,
it is now auegeu, is raise. The re
port in question would ordinarily
have been signed by the cashier, but
jy reason or nis temporary absence
it waa signed by me as a matter nf
course. The report referred to, how
ever, was undoubtedly correct in every
vai ucuiar. i nese racts will be clearly
established by the evidence if the
case reaches a stage when evidence is
produced. I believe, however, that a
more thorough investigation of the
facts by the Department of Justice and
a comparison of the report with the
bank books will convince the govern
ment that its action la 11111! fr,
and cannot be sustained.
"Any inference that might be drawn
from the comnlainf thut ihaf !,..
, i i nan
been any misappropriation . of funds
iu nujr way is ausoiuteiy raise."
The Ureliminurv honHno- f lfn
Walsh before United States Commis
sioner Doots was set for March 10. .
(A 5Hno "rvr
These elegant, stylish and up-to-date
Shoes are mai r nt il,. i .,' w
They are built over "foot form"
lasts that insure a perfect fit and
are guaranteed In wrr hail.. .1.
w . . wviiu man ,
most ahma anlH
I? . . prices
fcvery piece of material used is honot
I he workmanship is perfect; style correct.
They are built on honor.
Let tout ncil pair of ihoei be "H.norliilL" v...
shoe dealer will lunuiw u k. ... .
vuaisDice oi quality
F. MAYFD IWU1T t cum rn Au2
MILWAUKEE, WIS
Htrjcf and ronfrnl tha trlr.
, m kj , , " ft' illOJ nciD
of Nebraska. The answer admits the
y a uram company is a corporation
doing business In Nebraska and that
ii UWI1H a DOUr IWMltv.fluo ola,an..
the answer rtonioo uoh .,,. i
egatlon charged in the petition filed
" me auorney general.
Pope Orders Peace'in Church
The Done has ovnvcc,i m
mination to restore strict discipline
not only in the lower orders of the
clergy, but in the episcopacy of the
United States. Bishop Beaven of
Springfield, Mass., who is in Rome
has been earnestly recommended to
um uisseusions witn the clergy of
his diocese. Similar PAffHT1 m Onrlotlniin
will be addressed to others, chiefly
-i' "uatuui, oi uncoin, Neb.,
uU Disuop muii oi uenver, Colo.
McCurdys Sail for Europe
Richard A. MrPm-it
,1 m 1L --iu,, luimcr presi
dent or the Mutual I.lfo inai
com nan v. and spvmi i,,KnH
family sailed on the steamer Amerika
um,.. me Mccurdy party
boarded the Bteamm. i.t ii. ..:
P er in Hobokcn. They received no
tiBiwiB oerore me vessel sailed The
Party included, in n,),mi ...
Curdy. Mrs. McCurdy, Louis O. The-
wauu uuu xnrs. xnebaud, Mr Mc
Curdys daughter. Mr Th,k,,.i .
member of the firm of Raymond &
to formerly general agents for the
...in uiu insurance company.
Grain Company Answers
The Duff firaln f.n..... . .
A Duff nrwldent. m..;".' 4:'.nol
eral answer l h : "J "uu
,1, , Hi"u court to
cnt this comuanv wiit. ' .
ramiHHito.. from ton. WnlV,; . r
Czar Wants Arctic Regions
J he Russian czar is bound that
ucie aam shall not extend his do
iimin into tne nnknnwn Ail ,ntnn
. " "iwii iiuun
ronowing the announcement that
apiain Mikkiesen, a Danish explorer
planned to seek an island supposed
tp exist to the north and west of the
ocauiori Bea and if found plant the
United States fla? uu hn
uiaue nasie to onnono tha anhamr u
. ...... .r- " y o
ociii. me io lOWinS' nrrlpr in tha o-.,.
in nil; Jbv T "
ernor-general of Kast Siberia: "Pre
vent by all mennu at ,u i
- ' vui ulopuBill
Captain Mikkiesen from hoisting the
.c.ivou nag on any continent or
island which he may discover in the
Arctic ocean north of East Siberia
and Wrangel Land and the Perry isl
ands.". The Russian theory Is that
all land that can be discovered north
of Siberia is Russian.
Sale of Elevators
Fremont. Neh Tha rrnr t J T sin
ber & Elevator company has bought
tc uutw oi me Torpin Grain com-
and Verdigre. Messrs. Harry Torpin
of Oakdale, manager of the Torpin
mpaiiy, ana ai Linderholm of Blair,
auditor for the Crowell company, were
In the city on business connected with
the changes. Mr. Phinney, who had
charge of the Torpin business at
Nickerson will stay with his- former
employers and will be given anotheg,
position, in making the deal the Tor
pin comuanv had tha ni.w. in ,.i.,.
" " u "JVVL 1U VICW
or keeping its Interests centralized,
those at the towns named having
been remote from the main group of
ciritllulH,
wvwwwvAAAAAAAAJUm.
Close to Nature
The method of treatment and
life at GREEN GABLES, the Dr.
BenJ. F. Bailey Sanatorium, Lin
coln, Nebraska, are those of good
old Mother Nature. In their
work the management do not
attempt to controvert nature,
but enter into partnership with
her. They do not ride hobbles
or feel satisfied to dismiss their
guests as "well" when only able
to live the If "e of an ascetic or
extremist. They prepare them
to be strong of body cheery of
heart and active in all things.
Write for particulars.
DOOCX
A
POSITION
FOR YOU
If you are honest and industrious there
Is an Employer looking feir you.
Write today and full in
formation will be
sent you at
once.
Brain Clearing House
218-219 Funke Bldg Lincoln, Neb.
Stock Show , Company
A neW ft T n It .m..nn i- L.l
j V .uwianj is iieiiiK
w.mru lo perpetuate the annual live
ihe last three years In Wlsner and
w. cMieuBcs win be met by popular
-uum-iiinuui. rne capital stock is
placed at $5,000, to be expended in
rental of grounds and the erection of
suitable sheds and buildings
Send 11.00 for .... ...u-. .
o Ths Independent and receive Mr.
Tn FrM Pa, Bribery
System." fra
offer apptlas to full paid advanct sub
scriptions only.
VARICOCELE
iln its depresMnif rirecia ua iw iin "
m cured In 5 to 10 days
,tu!
dlHIuiUnt wilvent remi-dy km'.an '''"
tins or pain. Horn Traatmnni ry
On. Searles & Searles
ltd 0
l.ineiun.
A NOTRE DAME LM
I will serxlfrr-e, with full iniir.'iion. '
ot thia almtl ireparaiiin for tru- '"
eorhrtwa, Hloeration. In-i'lif'- .
of the Womti. Sounlv or V.vM I er."J
Turnom or (irowttw. Hot I ''-" .,'
Cry. frreiiinit ferlinf ut. lb (cue. I
Mrs, lull -Ul rmittin .
tlro.. T. mother ot ' .
tUrilaiD a aucwaful Hi me ' ',,, f
THdmil toMintinue wiiM'iii1 ,f
e-roti, a meek tuuaranti-e " "; " .
oi a Rrm io y iiara'ii.-r - -
ffM-M .if il IliUt u. I U1
Mrriid wt mm and
mreila of It. Mtnmm "sr
IW NoltaUaoin. Im.