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The Merchants' National Bank Trial

Four former officers of a failed Tacoma bank went on trial for false entries and misapplied funds, with prominent lawyers and a careful judge shaping the case.

The story, cleaned up

A cleaned-up reading of the newspaper page: spelling and layout repaired, one story lifted off a crowded page. It follows the original closely but it is not a transcription. The original page is below; read it if a detail matters.

TACOMA, Aug. 14.—[Special.]—The trial of Walter J. Thompson, Henry Drum, Samuel Colliver and A. J. Davis, former officers of the Merchants' National Bank, now in a receiver's hands, was begun today in the Federal circuit court before Judge Gilbert. They are charged with misapplying funds and credits of the bank and making false entries in the books. A jury was secured and several witnesses examined. District Attorney Brinker is conducting the prosecution. The defendants have retained several of the most prominent legal firms in the state. Judge Hanford was here in the morning, but owing to his intimate knowledge of the case and the accused, did not desire to sit. Four residents of Tacoma were drawn on the jury; the entire list was John W. Berry, John Conna, W. L. Lindsey, D. L. Laughlin, Gilbert Hulbrouk, J. G. Chambers, James B. Shelton, William Goodnight, Benjamin Thomson, E. R. Martin, J. H. Manley and Andrew J. Miller. The introduction of certain bank books of record was objected to, but the objection was overruled. The testimony today was largely given up to showing that the entries of the notes alleged to have been placed there for the purpose of deceiving the examiner had been recorded as stated in the indictment. The subsequent use made of the notes has not been traced, and upon such subsequent use it is expected to show whether any irregularities were contemplated.

“They are charged with misapplying funds and credits of the bank and making false entries in the books.”

— Printed in The Seattle Post-Intelligencer (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894
Then · 1894132 years apartNow · 2026

Tacoma's Merchants' National Bank was the kind of institution that held a young city's savings and credit. The trial turned on ledger entries and the question of whether officers had cooked the books to fool examiners—a financial scandal with a very modern shape.

The original page

The Seattle Post-Intelligencer (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-08-15. Library of Congress, Chronicling America.

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From
The Seattle Post-Intelligencer (Seattle, Wash. Terr. [Wash.]) 1888-1914, AUG 15, 1894, Page 2
Rights
Public domain
Place
47.60323, -122.33028 · placed automatically
The paper in the Library of Congress catalog ↗