Show BANK H WA SH CUILTY former president of chicago national convicted on fifty four counts of indictment penalty Is imprisonment for not less les than five years yeara nor more than ton years for fop each count new trial asked for chicago john R walsh former president of the chicago national bank banh which closed its doors in december 1905 was found guilty on saturday on fifty four counts of the indictments against him charging misapplication of tho the banks funds the verdict was returned by a jury in tho the federal district court here walsh was permitted to remain at liberty under the bonds furnished by him after tho the indictments had been returned against him one year sear ago pending the hearing of arguments ariu arguments ments on january 28 on a motion by his counsel for a new trial tho the penalty fixed by Y the statutes for the offense of which the aged financier was convicted la iq imprisonment for not less than me fo years nor more than ten for each count upon which his guilt was established I 1 the district attorney estimated estimate d that the trial had cost the united states government tho the district attorneys tor office was engaged nearly a year in preparing the case |