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the C. D. & M. to the answer and cross petition of the Cincinnati Trust company, and Leffler, & Bland, were filed without authority, as also was the motion of the C. D. & M. for the appointment of a receiver, and it is again recited that the Marion county court does not have jurisdiction in the matter. Crissinger & Guthery, of Marion, ind Booth, Keating, Peters &1 Pomer
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CHARGES COX AND OTHERS MISUSED FUNDS CINCINNATI, O., Jan. 31.-Suit charging that George B. Cox and the directors of the Cincinanti Trust Co., "Fraudulently misplaced, misused and misapplied" the funds of the Cincinnati Trust Co., of which Cox was president, "for their individual use and gain," and asking an accounting and a receiver for the assets, was filed today in common pleas court. The suit was filed by Attorney Harry C. Busch, on his own behalf, and asks that a receiver take hold of the assets for the purpose of liquidation.
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RECEIVER IS ASKED FOR CINCINNATI TRUST CO. Cincinnati, Ohio, Jan. 31.-Suit was filed here today by Harry Bush, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company.
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GEORGE B. COX SUED. By Stockholder of Concern of Which He Was President. Cincinnati, Jan. 31.-Suit was filed here today by Harry Busch, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings bank and Trust company. The suit was directed at the Cincinnati Trust company, at George B. Cox as president, Nat S. Keith, secretary; F. R. Williams, treasurer, and at several of the directors. It was alleged in the petition that the officers and directors knowingly, wrongfully and fraudulently misplaced and misused teh funds of the property fro their own purpose." Busch also charged that they underwrote and subscribed an amount for the Ford Jonhson company believed to be aggregated $1,000,000 and knowing at the time hat the Ford Johnson company was insolvent.
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DIRECTORS ACCUSED Said to Have Received "Considerations" From Borrowers. (Special to The Times-Dispatch.1 Cincinnati, Ohio, February 3.-Certain directors of the Cincinnati Trust Company, of which George B. Cox was the head, are charged with having recelved "considerations" from borrowers, in a suit filed to-day in the United States District Court by Attorney Harvey Myers, u stockholder. The sult charged that doubtful loans were made under this arrangement, and that the consideration was not placed among the assets. The court was asked to order the return to the assets of a note for $852,000 signed by all but two of the directors which had been removed from the assets where it was placed to cover loans made to the Ford & Johnson Co. The sult also asked an accounting for $1,048,000, said to have been loaned the Ford & Johnson Co. Suits authorizing the appointment of a receiver for the trust company, which has been absorbed by the Provident Savings Bank and Trust Company, were filed in the State courts this week.
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CLAIM DIRECTORS GOT "CONSIDERATION Cincinnati, February 3.-Certain directors of the Cincinnati Trust company, of which G. B. Cox was the head, are charged with having receive ronsiderations" from borrowers in a suit filed today in federal court by Harvey Myers, a stockholder. The suit charged that doubtful loans were made under this arrangement and that the "consideration" was not placed among the assets. The suit asks an accounting for $1,048,000; said to have been loaned. Suits asking the appointment of a receiver for the trust company, which has been absorbed by the Provident Savings Bank and Trust company, were filed in the state courts this week.
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ASK RECEIVER FOR cox BANK. 00/2010 31979 5 Stockholder 001 Charges $1,000,000 398 901020 is Misapplied to Cincinnati Firm. Cincinnati-Harry Busch a stocks holder in the Cincinnati Trust com any of which George B. Cox was president before It was absorbed COOLD by the Provident Savings bank and Trust company. has filed snit asking forothe appointment of a receiver for the Cincinnati Institution. The suit was directed not only at the Cincin nati Trust company, but at Cox as president; Nat S. Keith as secretary F. R. Williams as treasurer, and at several directors Busch also asked that the liquidat. ing trustees of the Cincinnati Trust company be :compelled tespay $1,000,000 for división among the stockholddrs of the bank. It was charged that the officers un derwrote: and subscribedoan amount for: the Flord & Johnston company be< lieved to have aggregated $1,000,000. knowing at the time that the Ford & Johnston company WAA
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Domestic Suit was filed at Cincinnati by Harry Busch, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company. It was alleged in the petition that the officers and directors wrongfully misused the funds of the property for their own purpose. * * * Denial of alleged violations of the anti-trust law is made by the United States Steel corporation, its subsidiaries and directors in their answers to the government's dissolution suit filed in the United States district court at Trenton, N. J. Five separate answers were filed among 33 defendants. * * * Fire partly destroyed the office building of the Emerson Brantinegan company at Rockford, III., causing an estimated loss of $50,000. ... Four persons were burned to death or died from suffocation, and five others were seriously injured as a result of a fire at the home of Curtis Hale at Claytonia, a mining town ten miles from Butler. Pa. * * * Thieves got away with a tombstone weighing nearly a ton and ready for installation over a grave in a Macon (Ga.) cemetery and the police admit they have no clue either to the identity of the thieves or to the hiding place of their booty. * * all Securities of the Russell Sage estate and the bonds and stocks of the Harriman, Union Pacific and other corporations were found intact when the last vault was opened in the ruins of the Mercantile Safe Deposit company building in New York.
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A "back to the farm" movement was advocated by members of the Indiana commission on industrial and agricultural education in the first of a series of conferences at South Bend. *** The task of raising the sunken battleship Maine in the harbor of Havana was crowned with success when the after section, which was not injured by the explosion and comprises half the total length of the ill-fated vessel, was set afloat. It will be towed out into the bay. ... As a result of a collision between the steamer Allegheny of the Hamburg-American line and the steamer Pomeran, the former vessel lies at the bottom of the Atlantic, 75 miles east northeast of Cape Henry. The latter had her bow stove in, but rescued the crew and passengers of the sunken steamer. Joseph Cotton, his son, Smith Cotton, and Joseph Sanchez, charged with violating a federal injunction restraining striking Illinois Central shop. men and sympathizers from interfering with the affairs of the railroad at McComb City, Miss., were found guilty by United States District Judge Niles, fined $100 each and sentenced to four months' imprisonment. The $50,000 suit for damages, started nine months ago against Mayor Seidel of Milwaukee by Circuit Judge Franz Eschweiler for libel, resulting from a campaign speech, has been settled out of court. The mayor has secured a settlement by writing a letter in which he charges that the statements attributed to him were never made. Suit was filed at Cincinnati by Harry Busch, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company. It was alleged in the petition that the officers and directors wrongfully misused the funds of the property for their own purpose. Assessment rolls of 1912 of Greenwich, Conn., sometimes called the wealthiest suburb in America, show a total of taxable property of $35,000,000, an increase of $9,000,000 over the list of 1911 and an increase of nearly $25,000,000 in ten years. Fifty-one millionaires are included in the list of taxpayers. Wirconsin's water power law, passed by the legislature of 1911 and which sought to vest in the state all rights to water power heretofore held by corporations and individuals, subject only to lease, was declared unconstitutional by the state supreme court.
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EX-BANK HEAD ACCUSED E. F. Galbreath Arrested for Misapplication of Funds. Cincinnati, May 2.-E. F. Galbreath, expresident of the Second National Bank, of this city, was arrested here to-day by a United States marshal on the charge of misapplication of $33,000 of the funds of the bank. The bank was recently discovered to be in an embarrassed condition, and is now being operated by members of the Cincinnati Clearing House Association, with a new set of officers in control. Galbreath was taken before United States Commissioner Adler. He pleaded not guilty and waived examination. Bond was fixed at $15,000. The arrest of Galbreath came as a development of the investigation of the Second National Bank by R. W. Goodhart, a federal bank examiner, several weeks ago. Goodhart found that the entire surplus of the institution was gone, and that the capital stock would be eaten up in protecting depositors. According to financiers familiar with the affairs of the Second National Bank, one of the chief causes of its troubles was the loaning of a sum, said to be nearly $600,000, on stock of the Ford-Johnson Company, a furniture and chair making concern, which had contracts for convict labor at many state penitentiaries. This security, it is said, deteriorated, particularly after the company was thrown into the hands of a receiver. Just prior to the Clearing House taking charge of the Second National the bank was compelled to charge off the amount of the loan from its surplus. Then other paper was rejected and directors were called on to take up other loans held by the bank. The Ford-Johnson paper also figured in the embarrassment of the Cincinnati Trust Company, of which George B. Cox was president. The trust company was taken over by the Provident Savings Bank and Trust Company several months -ago.
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INDICTMENTS PRESENTED AGAINST PROMINENT MEN GEORGE B. COX AND OTHER OF. FICERS OF DEFUNCT TRUST Memorial COMPANY WILL HAVE TO AN. SWER STATE OF OHIO IN COURT. DEDICATED TO MEMORY OF EX PRESIDENT CLEVELAND - DIS(BY ASSOCIATED PRESS.) TINGUISHED COMPANY AT SER CINCINNATI, Ohio, March 1S. VICES. Geo. B. Cox, former president of the defunct Cincinnati Trust company, (BY ASSOCIATED PRESSO two former officers of the company and CALDWELL, March 18-The little eight members of the Board of Direcwooden house where Grocer Cleveland tors were named in the sealed indictwas born attracted a distinguished ments presented by the Hamilton company today for its dedication as a county grand jury yesterday. The e'1permanent memorial to the dead prestvelopes containing the indictments were opened by Common Pleas Judge dent. The formal programme began with Cosgrave today. One of the nine counts charges the the transfer of a purse of $17,610.00 In fifmisapplication of one hundred and payment for the house purchased by teen thousand dollars of the bank's the Grover Cleveland Birthplace Memmoney through alleged illegal loans to orial Association from the trustees of the Ford and Johnson Chair company the First Presbyterian church. now in the hands of receivers. AnothRichard F. Cleveland, the Presier indictment charges the abstraction dent's son, received the key and open of a note of three hundred and fifty. ed the front door, while his sister, Es two thousand dollars by three officers ther was the first official visitor to enand six directors with intent to inter the room where her father saw jure and defraud the trust company. the light just 76 years ago and to deco Those against whom indictments rate it with flowers. Her mother were returned from alleged illegal now Mrs. Thomas J. Preston, was loans are Geo, B. Cox, Charles H. Daamong the spectators. The memorial vis. Norman G. Kenan, James F. is a two-story frame structure, set Heady, James M. Hutton, I. N. Miller. back from the road behind big elms. N. S. Keith and F. T. Williams. The association will paint it white The following were indicted ou with green trimmings and other wise charges og abstracting the note: Geo. restore it to the condition it was 16 B. Cox, J. M. Crawford, Chas. H Dawhen occupied by the Cleyelands. On vis, David C. Edwards, James F. the adjoining lot a memorial library Heady, James M. Hutton, N. S. Keith, will be erected. F. R. Williams and O. V. Parrish.
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CINCINNATI JURY INDICTS G. B. COX True Bills Found Against Him and Other Officers of Defunct Trust Company. CINCINNATI, O., March 18.George B. Cox, former president of the defunct Cincinnati Trust Company: two former officers of the company and eight members of the board of directors, were named in the sealed indictments returned by the Hamilton county grand jury yester day. The envelopes containing the indictments were opened by Judge Cosgrove today. One bill of nine counts charges the "misapplication of $115,000 of the bank's money" through alleged illegal loans to the Ford & Johnson Chair Company, now in the hands of receivers