Show FOR GRAND LARCENY Peoples Home Savings Bank Directors Direc-tors Indicted San Francisco May nThe grand jury this afel noon presented indictments indict-ments for grand larceny against Directors Di-rectors H T Graves Charles Montgomery Mont-gomery A L Jenkins and R H McDonald Mc-Donald jr of the Peoples Home Sayings Say-ings bank The specific charge has not been made public but it is well understood under-stood that it is based upon the abstraction ab-straction of certain securities from the bank deposited by C O Swanberg The securities valued at 40000 disappeared I disap-peared after the bank had been placed in the hands of a receiver The assets of the bank were therefore deficient in that amount An indictment for grand larceny was alsoound against Frank V McDonald late assistant cashier of the Pacific bank On the eve of its failure McDonald withdrew 14000 from the Pacific bank and started for New York He reported to the bank I authorities that some robber broke open his trunk and stole 14000 McDonald Mc-Donald is in Japan The bal for each person indicted was placed at 50000 R H McDonald jr is still in jail I in defaul of 100000 bail on his previous pre-vious indictment S H D Graves and Charles Montgomery ery were arrested this afternoon soon after it became known that the grand jury had returned indictments against them Both were able to secure the necessary bonds and were released soon after being taken into custody |