Times Independent | 1923-03-01 | Page 2 | Banker is Found Guilty by Jury

JURY CONVICTS capitalist OF WILFUL TION OF funda former ogden danker banker accused df 61 national dank fund funds will D be sentenced Sent emed attorney attorneys expected to appeal 0 ociea alea utah A jury in tho the united states district court friday shortly after noon boon foual james 11 ingree ogden banter capitalist and maz guilty ot at vio violating latla tho the na vicinal tonic tank act the banker woo convicted on but one of soren seven counts found against him by the this recent federal grand jury A of not guilty WAS wn in strutted ted by juile judge pago aa moerls on the ocona second and third counts la in ills his instructions to tile jury tho the twelve men found him not guilty on the re ro malaina four tour counte counts the Por pamley tilty dod ly by the federal statutes Is a fine not exceeding ori imprisonment of not more than ive five years it Is expected that he his counsel will file a morlun for a stay of execution to be follo followed wol by the tillas filing of it writ of error A new now trial w 11 II probably be demanded also the count on which the ogden banker was found gulia the alleged misapplication of the funds ol 01 tho the national bank of ogden in the ere credit diling n account in the bank of the james ree with 2073 from it dividend ot of WCO held by the to hae hao been illegally declared by mr kingree rin gree the banks president