The Trial of Banker Edmiston
A North Yakima banker faces trial for allegedly accepting deposits while knowing his bank was insolvent, sparking a debate over corporate accountability.
The Edmiston trial was not ended this evening, and the case will not go to the jury, which is composed almost exclusively of farmers, until tomorrow. Attorney Poindexter maintained in his address that Edmiston had full knowledge of the deposit made by Mrs. Whitney, and that he knew that the bank was insolvent when the said deposit was made, on the day the bank closed, that being the basis for the indictment. Attorney Snively, for the defense, protested that the whole trial was the result of a conspiracy to put the blame upon innocent shoulders. It is believed here that the jury will not convict, and may acquit.
“Attorney Snively, for the defense, protested that the whole trial was the result of a conspiracy to put the blame upon innocent shoulders.”
Bank failures and the subsequent search for accountability are a recurring theme in Washington's history, echoing modern concerns about financial transparency and the protection of depositors' assets.
From readers
No comments yet. If you know something about this story — a correction, a family memory, a source — it belongs here.