Aller directement au contenu. Aller directement au menu principal. Quebec :Chronicle Printing Company, Lower Bt. Galos with snow and sleet. Lawrence and Gulf. Maximum and Minimum Tempera. York, January 7. The indictment of Heinze by the Federal Grand Jury, which has been investigating the mercantile and other banks identified with the Heinze and Chas H.
Augustus Heinze from the presidency and the retirement of the directors of the Mercantile National Bank after an examination of the institition had been made by the Clearing Houses Committee, einze declared at the time that he had barn betrayed by bis friends in the United Copper.
Heiure had been informed quietly that indictments. Without awaiting the service of a bench warrant, Hebhze, in com- Jou with hie counsel, appeared be ore Commissioner Shields this after noon. The proceedi were short. Heinse pleaded not guilty, and bail was furnished immediately by a Surety Company.
When the proceedings were concluded Heinze told the newspaper men that he did not care to make any statement and hurried away with his counsel. Before the certification was made F. There consequently was no wilful intent within the statute to over-ertify any cheque, not even to the extent that over-certification is practiced every day in Wall street by ail the banks ac a matter of business necessity. On the contrary, as 1 have stated. Bank over-certi- fied fifteen cheques, that is, that he guaranteed by the bank signature thet the sums indicated by cheques were held by the imstitution to the eredit of the drawer.
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To over-certify bank paper is, under the federal statute, an offence punishable by imprisonment of not less than five years and not more than ten years. Heinze had organi and developed after his long fight with the Amalfomated Copper interests in Montanastock was selling about 60 when a mysterious selling was detected.
