Rensselaer Semi-Weekly Republican, Volume 39, Number 56, Rensselaer, Jasper County, 19 March 1907 — McCOY CASES WIPED OUT. [ARTICLE]

McCOY CASES WIPED OUT.

Uncle Sac Gets A Couple of Fines Acd All The Others Are Dismissed. ’ The following from Friday’s Moutieello Journal shows that a final end has now been put to all the cases standing against Alfred and Tom McCoy in White county: The McCoy bank cases occupied the time of the court this forenoon. Mr. Alfred McCoy appeared in court and was arraigned before Judge Farber on the charge of having received a deposit of $118.90 from Abram Leopold, when he knew his bank to be McCoy plead not guilty but the Judge found him guilty and assessed a fine of double the deposit, or $237.80, which with the costs amounting to $267.75, was paid into court by the defendant at once. He was also arraigned on the same charge as to receiving a deposit of $91.35 from Chas. W. Platt. The fine in this cose amounted to $212.64. This was paid into court. Judge Farber then dismissed the other eleven indictments hanging over the two McCoys, father and son, which clears these cases from the docket of this court. There are still some cases at Kentland, which it is thought will be disposed of in the same way, and Alfred McCoy will be arraigned and fouud gui ty in one or two of them and the rest will be dismissed, dome had thought that all the cases would be dropped but Judge Farber was not willing for such a move. He felt that McCoy was guilty in having neglected to have kept a more careful oversight over the finance oi the bank and that some punishment should be metted out to him. In regard to this thoro action of Judge Farber as related by the Journal can lie said that it seems to nave been entirely unexpected here in Rensselaer. It was known that a proposition had been made to Prosecuting Attorney Graves, that Uncle Mac would plead guilty and be fined on one or two cases, and that Graves would nolle pros the rest: This Mr. Graves declined to do, and the action taken Friday was without his presence or knowledge. Neither was Deputy Prosecutor Leopold informed that this action would be taken. At the same time while saying this, we can not say that we are sufficiently informed as to the present state ot feeling here to be able to say whether the action taken will cause any general disappointment or not. Generally speaking, however, it probably can be safely said that since certain civil suits and claims have either been voluntarily dismissed by the claimants, or settled on terms reasonable to the McCoy creditors, the feeling against the McCoys has lost considerable of its acuteness. There are still two indictments against the McCoys pending in the Newton circuit court which will have to be disposed of before they are entirely free from all criminal liability in the failure of the bank.