| Show FATE I Iu IMPRISONMENT U S Circuit Court of ol Appeals Appeal Affirms Verdict of Guilty of Misapplication of Funds II SENTENCE FOR FIVE YEARS IiI Ii I 1 Counsel Have Thirty Days in ill illMo Ii il Which to File Fie Application For Rehearing t d 1 1 Mo lie II Will Wi ili lie h l Out on at 01 It if I t l 1 of C f u JU Rise nd i Oct Oe Th verdict of nt t th Ilal nal ut which found John R Wl Wa h guilty of ot ml of nr f the tha funds eC of eCh M I Iho th h ho National bank was wll at f t l fumed flu flied b by the t United flutes guates tf out ou t of 01 appe appeals ls here bere today aPPI toy t I Ir Mr r Witch Walsh must a serve n the ta aen n nor i or nf nv five years year yr nt Im upon him by y the trial trim jury jr save l in UM the U I event that thaI th lh court Oun ups UI U Uthe the affirmation of ot th the guilty lt t I h hand handed nd d down dowl Counsel 1 1 tog for Mr Val Wai WalpIn ValIn In their appeal laid lal stress on an what bt they heW the if alleged alle was wan 11 a teck lck I ck of o Intuit Intent t J Jon t ton 1 on th the p part rt of oC th the defendant In th the 1 rry ery ry lengthy brief r hl h th the they y nied it much mul law I was w quoted to tr show shew that th tb j convicted banker ut UI used d the funds of tin Ih bank bk In I what h us considered a legit lell mate manner r 1 OPINION OF rot RT j The T opinion of ot the court of appeals PI written by b Judge JUi Humphrey and hand handed I J ed fd down 01 b by Judge Judt Grow Group up I Is brief sad A t confined almost w holly holy to the thu ques question qu uso 11 lion tion or of criminal Intent t The TI allegation f HI that Juror I Palmer san unduly In i Hu nr d ic is with a word nn and anul 1 1 but little III mere m ls is I w t te H In eliminatIng th tI of ncy in the th t tAl A Al to tn th the of If the th matter mat I j d In the Ih various count says th the I opinion the tl verdict wi wl net nat nt W be l dl di i turbe If I the gravamen the te charge Mr e eIn In each esch count on o which there has hasa h hia bran brana a verdict of ot guilty luly Is I the thi same came t there Is a consistency In the tv v vIn f f fIn In tim the Instructions In given R n the thi th Jury Ju b J y 4 Judge JUIe Anderson In n the th trial court cour the tl I higher tribunal finds no error At As to f it lJ the lack lk of ot criminal Intent the opinion reads reatha d ii Und r section JM there ther could euld ho 0 1 t f misapplication lon of ot bank unite funds by 1 ii an SC em officer o I Ice I I cot ce which would be Innocent and anti not I criminal and there therl could be he o MUm under th the statutes would Ir 1 be he I criminal What hat would woul show i difference nce b bt between tween n ml I t which were criminal ami anti tho thos those e whirl which I were not what would show sho Innocence 1 or guilt good KOI faith or lund had bl faith th court sought by b Instruction e carefully r I i Ito I Ito to define denno and wo we think did fairly de di define denne difine fine Counsel for Mr Walsh have 34 31 d dIn da daIn dart dartIn In which t to i file f Ill for n S te re 1 rehearing hearing b by the court of HI ci POl als Mean Meso Meanwhile E while he hI will wil be at t liberty under hi hl I Present honda bond of RUll AND FA FAIL IX The rum else I and fall tU of ot the Ibe fortunes of f r rJohn John It I Wal Vilai who ho I is Ie now no 7 year vean y lr of qu age a o forms fur an nit al Interesting r chapt hap In Ir th the hIstory of ot Americans America who base bae b 1 risen ruten from rota obscurity to 10 power Tn Th thre Walsh 11 bank th Chicago Cla National th the Trues TUt lom I and th the nome Horn Having bank batuk blk ware were ilo d d by b th the ef ot the cur curr I j r rency nc on I In Iet c IS 18 1 1501 nor nearly H arly four t f 4 eai eil a ago 80 At that time not I only 01 owned owne these institutions Institution and the th t j Chronicle but bil owned all n or r t nearly easily alt all In of the stock of or th tt the follow folIos following t 4 big ing r I I t e Acme Acm 0 hi in the Redford Belt l Hallway Halway corn p H the Quarries company the Chicago South Southern f f sri ern Irn U Railway company tk t the Chicago f 4 4 Storage company the 1 f L j I X j I Southern Coal company the th i f i Illinois Southern Hallway company an anthe the Lake Loke Michigan Car Kerry Ferry ry Trans Trana J J ro nt n the th Mount Olive L j Ii I Stanton Coal ol ual the th Ohio Q rica rl of Ohio th Ih Ohio Ohl Quai rise rl company of 01 Illinois IlnI the Ih ft south uth f sri r Indiana Coal COI Col om n thi th South Bouth UI 1 i 4 i 11 era rn Indiana kl ti ii I t i l 4 Southern Missouri compa and nd th the Wisconsin lla I Michigan Kail nl r ray t 4 way ay company t e J According to the f t f r he the I lovern goern Irn meuth on tn tire spi a appeal PI l I all aim allot of the th ins I I I f panl were re bankrupt or r on the verge I II of I u it I wren n R bought buhl In I a ah for lt lit littie tie or nr twining Their ne set unties wen mere f 1 unmarketable and d i ra worth t less lew lIN lINThi Then Thi It I ii all alleged 18 l Walsh Wal form formed 1 corporations tu to t buy bl thee tb t from fr himself taking In payment atoe to Iu k of or the t Lb now new nw corporations ani t enough nouh ah I ml their hr heed bond to tn repay rep himself hIm at their faro face f vl for tor or th lb t aetna sunu u he paid Ild for tr In in inIn I Iha In ha th hi wa a iy act t to ih lbs h r pi ui U Ution tion 1111 he h fur for ur thing alel and an me bund to tn the li fa Ii 0 11 t f p wAlnuts 1 M Walsh Walh a gi Cul ai Mn ni of or A Arll 11 y i stein In to I be he h 11 ed tl r I 1 I n bl hi his ut uttered trl t IU iou ui I ia a 1 would resh h Hi h Mt I to t the Ih i ihn ii ii I ln ana I Mi to 0 t Mine Minn Miln III nit up UI Tt 1 W i Th TD Ii and tal 1 n thin in i ot r I ISI I 4 flu mui h of if I tim t h unfit tall 4 T l b 11 Vt 1 k i III ul oh ulIn lo I It 11 fun l in III inUi I h ills J In w Ui 1 the Ih I n It 11 I tl 11 ti l h tM j iii HI ii 11 11 Ci I till 11 th thi th J Calera 10 of ut dA tieI 4 i I n 11 t tin v In th the mallet matUi There w was not hind J u uthe the Uw biake bk to tu show Ih that ht Wul lla li ha I It i I j th the h 1 lans ii Kven I Fuei VIt WI i ithe t t the lb vise vice vh 1 11 I is said Id I u J ove ties b b i t I it I the t ar q I Walsh th I h securities url at I h hv I i v vs minus j jr I t tr 7 r yr r l I a n ii It V is Hi I I II I j i ni rit ill 1 demand r f I i 11 th I iou p roll 11 r of the tb cur ur I Hint tut II I t t t 1 f place lac Ia hi his hll bana b nka on 01 a inn I I III 7 and nd when e hn hen the t crash na ute It II wl 1 J dl di r I rord 4 that tt N ur er r nit if It the tl hit MUI ull I tl ties hl hl held l sr ri r Ih of nr f Wh pio I I II 1 I II I I U Of ur i If the t I Ii h UJ 2 O ill no 1 P A Asee see 1 H pr pre r i l bv bu b tl t I ha I paper r and andu t f u of th tu Ii Walsh sea I 1 S r |
