Evening Republican, Volume 20, Number 107, Rensselaer, Jasper County, 4 May 1916 — LORIMER FREED OF EMBEZZLEMENT STAIN [ARTICLE]

LORIMER FREED OF EMBEZZLEMENT STAIN

Former U. S. Senator Found Not Guilty of Bank Fraud Charges— Partner Was Convicted. Chicago, May 3.—William Lorimer, former United States senator, was acquitted by a jury Wednesday night of the charge of conspiracy to wreck the LaSalle Street Trust and Savings bank while president of that institution. The jury was out a little more than six hours. The jury in its verdict held that Lorimer had no part in any violation of the banking laws in the bank’s failure, and that he had no knowledge of such violations. On October 22, 1914, two years after the LaSalle street bank was converted from a national to a state institution, William Lorimer, C. B. Munday, H. W. Huttig and a number of officers and employes of the parent bank and its subsidiaries were indicted by the Cook county grand jury. Three separate indictments were returned against Lorimer, Munday and Huttig.