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State Prosecution Details Graham Bank Deposits and Kiting
In Montpelier Vermont on January 22 the state laid out two main points in its case against former Governor Grace F. Graham. First, defense admitted that state money drawn by Graham on his order was deposited into his personal accounts at Vermont banks. Second, bank officials testified deposits and slips showed accounts were manipulated, suggesting possible check kiting. Witnesses traced deposits to White River National Bank Bethel Newport City Savings Bank St. Johnsbury and National Bank of Newport with overdrafts noted. The trial proceeds with multiple witnesses and is not expected to finish before Monday.
MENTIONED IN THIS ARTICLE
Harold P. Perkins
White River National Bank of
Bethel
Horace F. Graham
Herbert G. Barber
Graham
Frank Co. Archibald
Perkins
Barber
White River National Bank
Stickney
City Savings Bank of
St. Johnsbury
National Bank of Newport
Gilbert E. Woods
Newport
J. E. McCarten
McCarten
Wood
St. Johnsbury Bank
Graham and Skinner
Skinner
Howard Skinner