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COURT RECORDS SHOW SWINDLER CONNECTED HERE John Worthington, 'Frenzied Financier,' Dealt With Former Bank. The records of Superior Court. Room 5. reveal the fact that John Worthing ton. who now is held in Chi ago following an investigation of recent mail robberies and bank swindles amounting to millions of dollars. is mentioned in connection with a stock trausaction of the Calptol State Bank of Indianapolis, which went into the hands of the recelvers in 1916. In 1916 Edgar A. Strause, R. D. Gar rett. receiver for the First National Bank of Peoria, III., and Woife Adolphus submitted an intervening petition to Judge T. J. Moll of Superior Court. Room 5. asking that they be considered as stockholders and be permitted to share in the division of the assets of the Capitol State Bank like any other stockholder The records show that an organizer of the proposed Capitol State Bank went to Chicago in 1913 for the purpose of gettting sufficient capital stock so a charter could be issued. EXTENDED LOAN OF $90,000 TO BANK The organizer, who was also an official of the proposed bank. went to Chicago and secured from John Worthington's bank, which was known as the American Banking Association what might be called a "loan" of $90,000 with the notes of the subscribers of stock and their certificates of stock as security Worthington, according to the evidence gave the bank organizer what is termed a "deposit slip" showing an amount on deposit totaling $90,000. The bank organizer actually did not receive a cent of money from Worthington, only the deposit slip. On the strength of this deposit slip. to gether with the subscription notes and certificates of stock by the stockholders the bank here received its charter. During the course of time. the organizer of the bank redeemed all of these notes and certificates of stock held by Worthington except three valued At $25. 000. Wortbington, the evidence showed, did not return the three certificates of stock on demand and the bank officials here "cancelled" the certificates of stock. PETITIONERS CASH IN ON CERTIFICATES. The three intervening petitioners claimed they purchased directly or indirectly from Worthington these certificates of stock which bad been cancelled by the bank officials. Two of the petttioners claimed they received their certificates of stock from H. J. Froelich, who had obtained the certificates from Worth ington, it was claimed. Welfe Adolphus claimed he obtained bis certificates from Worthington personally. The court held the three intervening petitioners had purchased the certificates of stock in good faith and were entitled to share like any other stockholder. The evidence showed the three petitioners did not know that Worthington had been holding these certificates only as surety on the loan.