Jasper County Democrat, Volume 13, Number 24, Rensselaer, Jasper County, 2 July 1910 — PLEADS GUILTY. [ARTICLE]

PLEADS GUILTY.

But Claims He Did Not Know He Violated Any Law. Indianapolis, Ind., June 28. Charged with having made false reports to the Comptroller of the Treasury, W illiam L. Swormstedt, former Cashier of the Citizen's National Bank of Evansville, to-day entered a plea of guilty before Federal Judge A.. B. Anderson. He arrived here this morning from Arizona, ami was arrested when he reached the courtroom. Swwormstedt was not represented by counsel. He asked to make a statement. He told Judge Anderson that he didn't know that he was violating any of the hanking laws. Captain Simeon P. Gillett, who is now 70 years old, had treated him like a father. He declared that the reports he made to the Comptroller were furnished by Captain Gillett. The Bank Examiners, he asserted, examined the books a number of times, and never suggested that anything was wrong. lie was questioned closely by Judge Anderson. The latter announced that -Captain Gillett will be tried December 1. Until after his trial Swormstedt will not be sentenced. Each man gave bond for SlO,000. An effort will be made to have Captain Gillett's case tried at Evansville. He is indicted on a long list of charges. One of the indictments charges him with aiding and abetting Swormstedt to make false entries in the books. Captain Gillett is also charged with embezzling the bank's funds. The bank was closed somy time ago, but has since beert reorganized and the depositors were paid in full. Major Menzies, of Mt. \ ernon, represented Captain Gillett.