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Grand Jury Charges Officers Re-ceived Deposits Knowing Bank Insolvent(Tribune Special Service)McClusky. N. D., June 3.—Three former officials of the closed Martin State bank, Martin, were indicted late Monday on criminal charges, growing out of their connection writh the closed institution, by a Sheridan county grand jury here late yesterday afternoon.J. J. Breher. president, was indicted ; on two separate counts of accepting deposits in an insolvent bank, and another count of embezzlement, resulting from his alleged illegal transfer of $750 from the bank to the Martin Cooperative Creamery and Oil company, Martin.W. E. Daly, vice president, and R. B. Daly, cashier, were indicted on one count each of accepting deposits in an insolvent bank.Directing the grand jury work w^ere George Thom, Jr., and Harry Dickinson, both of McClusky, who w’ere appointed special attorneys general.| The grand jury was called by Judge i R. G. McFarland, Jamestown, to j whom the indictments were returned, i The jury had been at work on th* bank cases since May 25.I The Martin State bank was closed Jan. 4, 1930.Arraigned before Judge McFarland ! shortly after the Indictments were re-i turned Monday afternoon, Breher ! chose to make his plea this morning, j I He was released after he had furnished $2,000 bonds for each of the three counts.The two Dalys are in Minnesota at present but are expected to return to face the charges Immediately, according to Hugh F. McCulloch. Washburn, and John F. Sullivan, Mandan, who have been retained to act as counsel for the three defendants.
Newspaper Details
Bismarck Tribune
Bismarck, North Dakota, US
Tue, Jun 03, 1930
Page 1
Full Page
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NL 11 Oct 2021
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