Evening Republican, Volume 18, Number 239, Rensselaer, Jasper County, 9 October 1914 — Lorimer Indicted For Misusing Funds of Bank. [ARTICLE]

Lorimer Indicted For Misusing Funds of Bank.

William Lorimer, who was voted out of the United States senate after an investigation on the ground that he had been illegally elected, was indicted in the federal court in Chicago Thursday on the charge of misapplication of the funds of the LaSalle Street National Bank, of which he was the president. Joseph P. Gallagher was named as a co-de-fendent. He had been a partner of Lorimer in the contracting business. The indictments also included Charles B. Munday, vice-presi-dent; Charles G. Fox, cashier, and Thos. McDonald, assistant cashier, who had previously been indicted. There are 36 indictments against Lorimer & Gallagher. One charges that his bank purchased notes of the firm of Lorimer & Gallagher, amounting to $56,500, which were worthless, and which he knew to be worthless when they were purchased. Lorimer’s bond was fixed at $15,000 and Gallagher’s at SIO,OOO.