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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Oct 06, 1925
Page
3
Jury of twelve chosen from a panel of fifty veniremen was selected for the case against 3g in a broker matter. The selection marks progress in the trial with the panel narrowed to the final jury.
A Florida golf round yields a business man’s quip that a pessimist sees disaster in every opportunity while an optimist sees opportunity in every disaster. The piece extols resilient leadership and the drive to rebuild after setbacks, praising Cincinnati business cooperation and the Union Trustee context.
The trial of Herbert S. Channer George A. Sawyer and Fred McLaughlin Cincinnati brokers opens in Criminal Court before Judge Ryan. One juror will be chosen this morning as ten more names were drawn. The state used four challenges and the defense nine of twelve. Twenty jurors and veniremen are named, with charges dating to 1924 for embezzlement and false pretenses involving about 485000 in stock and 1300 in cash.
The Continental Baking Corporation faces FTC charges for alleged Clayton act violations linked to its bakery merger. The complaint names United Bakeries, Corby Baking, Ward Brothers, and American Bakery as part of the acquisition, aiming to lessen competition and create a bakery monopoly.
The Comptroller of the Currency issued a call for the condition of all national banks at the close of business on Monday September 28.
Columbus sources say H E Scott Ohio Superintendent of Banks issued a request for a comprehensive report on the condition of all banks under state supervision as of Monday September 28. The move aims to assess financial health and regulatory compliance across the state banking system.
A claim of 455396.58 was reduced to 50 percent, equal to the general creditors' recovery. The firm's assets were estimated at 342507.35 at failure. Jurors faced difficulties informing families of hotel guarding and had to ask friends to move cars from courthouse street parking.
Washington reports the American Debt Commission shifts to funding Czecho-Slovak debt as talks begin. Treasury records show principal and interest totals around 165 million dollars with a dispute over the exact principal, while Italian and Serb Croat Sloven debt matters also loom for funding discussions.
A Lexington Kentucky man asked Hamilton County Ohio Probate Judge Lueders for guidance on the proper monthly payment to his two sisters in law for caring for his twelve year old daughter. The inquiry arrived from outside the Ohio court’s official duties and the judge planned a response.
Fred Zimmerman, president of the Cincinnati Indianapolis and Western Railroad, died today at Battle Creek Michigan, confirmed by word reaching the Indianapolis office. He led the railroad through key years and his death closes a long era of management.
Dayton October report details a deposition by a Mr X in the Walsh divorce and property suit. It describes a ten day party involving Beatrice Louise Walsh and claims of seeking one third of the Walsh millions. The document names other unnamed participants and notes witness testimony.
In San Francisco on October 5 the government contends in an appeal that oil land leases in the Elk Hills Naval Reserve Kern County be canceled for fraud collusion and monopoly. The case centers on a $100000 currency tender to Albert Fall and a conspiracy to defraud the government to obtain leases from the Doheny interests.
Indictment charges use of the mails to defraud in a scheme that allegedly netted more than 50 000 from Detroit Louisville and Cleveland residents. Named defendants include Frederick E. Lewis Fred A. Dolph Edward F. Lukens Butler Kellogg and Warren Godfrey. The alleged plan offered large sums for loans and investments while lacking resources to deliver.
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