Jasper County Democrat, Volume 19, Number 59, Rensselaer, Jasper County, 21 October 1916 — BANK HEARING IS CONCLUDED [ARTICLE]

BANK HEARING IS CONCLUDED

Judge Pollard Will Render Decision In Near Future. Fowler, October 19. —The hearing in the bank cases has been continued the past week and w-as finished yesterday at noon. The exceptors presented their side of the matter Tuesday and Wednesday. William Isham was on the stand Tuesday and testified that all the work the attorneys had done was not worth to exceed $4,000. Mr. Wilson, the executor of the Baldwin estate, placed the value at $3,000. Former Judge Rabb was brought over here from Logansport to testify as to the value of the services by Jenkins, to support the claim of $13,000 charged, but under cross examination, when the errors and admitted mistakes were pointed out to him, he admitted that the services were worth little or nothing. The exceptors continued to tear Jenkins’ accounts to pieces. They showed where he had received a check of $177.87 from Frank Pagett without charging himself with it. Another from a Chicago party for $177.03 that he did not account for, one for $1,500 from a hank at Lafayette unaccounted for, and in addition that where people had deposits and owed notes at the banks they squared them up by trading paper, and though he did not charge themselves with what the depositors paid in on their notes, they took credit for all payments they made, on dividends, giving them something over $5,000 in this way not accounted for, which further illustrates how the estate has been handled. On the tenth dividend the receiver claims creditors for $2,350, whereas the vouchers produced amount on the adding machine to $1,609, a discrepancy of 's74o. A dividend was ordered paid to the depositors in 1913 and the money got into the hands of the attorney for the receivers, and was not paid over to the depositors until this spring when Judge Pollard Torced it to be done. Judge Pollard will be busy with some other cases, including a murder trial over at Delphi after this is adjourned, and it will be argued at Lafayette Saturday, and he will probably take it under advisement then before giving his final decision, but it looks now as though the depositors would eventually get their money.