Salt Lake Telegram | 1902-02-21 | Page 1 | Decision Affirmed

DECISION AFFIRMED Pr President of Trust Company Company Com Corn pany Was Ws Party to a Scheme to Defraud SPRINGFIELD Ill Feb 21 The The Supreme Supreme Supreme Su Su- Su- Su preme court today affirmed the decision of the Cook County Criminal court In Inthe inthe inthe the case of William M. M Paulsen president press press- dent of the Central Trust and S Savings company who was convicted of receiving log ing deposits when he knew the bank was Insolvent Insolent and sentenced to the Joliet penitentiary The court Is of the opinion n that PaulSen Paulsen Paulsen Paul- Paul sen was a party at its conception to a scheme to defraud by accepting as cash payments payment of subscriptions to Its Us stock the assets of ot a banking institution which he knew were in part worthless and that he was cognizant of losses sustained sustained sus sus- tamed by this operation