State v. Meininger

268 S.W. 71, 306 Mo. 675, 1925 Mo. LEXIS 473
CourtSupreme Court of Missouri
DecidedJanuary 15, 1925
StatusPublished
Cited by20 cases

This text of 268 S.W. 71 (State v. Meininger) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
State v. Meininger, 268 S.W. 71, 306 Mo. 675, 1925 Mo. LEXIS 473 (Mo. 1925).

Opinion

*679 DAVID' E. BLAIR, J.

The indictment in this case was in two counts, one charging larceny and the other embezzlement of the moneys of the Night & Day Bank of St. Louis. The case was-removed from the city of St. Louis to Franklin County upon change of venue. At the trial the State elected to stand upon the embezzlement count, and the defendant was found guilty thereunder and his punishment was assessed at imprisonment in the State Penitentiary for a term of five years. He was duly sentenced upon the verdict and has appealed.

The learned Attorney-General has made a very fair statement of the facts in the case and we quote same as follows:

“The evidence for the State shows that on the 7th day of January, 1922, and for many years prior thereto, appellant was the cashier of the Night & Day Bank, a *680 banking corporation of the city of St. Louis, Missouri; that as such cashier he had the custody and control of the funds of the bank, had full supervision of the books and of the employees of the bank; that all'the employees received their training and instructions from him and followed to the letter the instructions which he gave to them; that the Night & Day Bank had originally a capital stock of $150,000, and at one time had a surplus of $95,000.

“Under appellant’s instructions deposit slips were made out crediting persons or corporations with cash deposits in many instances when no cash had been deposited. These were held by tellers as ‘ cash items. ’ In many instances credit was given to persons or corporations through the use of these ‘cash items’ when such persons or corporations had not actually deposited any money in the bank and had given no evidence of indebtedness or securities, and the only papers which the bank had to show the transactions were these ‘cash items’ slips. The persons and corporations who obtained cash and credit in this way were either close personal or business friends of the appellant, or were corporations in which he was financially interested. The Southern Motor Company which obtained credits or cash in excess of $30 at different times was owned entirely by the appellant except for two or three shares of its stock.

“At one time immediately preceding an examination of the Night & Day Bank by the State Banking Department appellant instructed the employees of the bank so to arrange the books as not to show a deposit of $200,000 by the Treasurer of Missouri. This actual deposit of $200,-000 by the Treasurer of Missouri was used to cover the ‘cash items’ then being carried so as to show instead of cash item slips of paper the actual cash.

“The Night & Day Bank was closed on the 5th day of January, 1922, by order of the State Banking Department, and the Commissioner of Finance took charge of it for the purpose of liquidation. At that time there should have been $869,000 actual cash on hand. There *681 was, however, only $104,000 there. The day before the Finance Commissioner took charge of the bank appellant could not be found at the bank, at his room at the hotel where he stayed, or at his usual eating place. He left St. Louis and after the newspapers reported that he had been indicted he made arrangements with the circuit attorney from Belleville, Illinois, to surrender himself and to answer to the indictments.

“The bank tellers explained that the cash items slips were memoranda made by them under instructions from the appellant and held by them in lieu of cash and counted as cash. From time to time during the year of 1921 cash item slips were made up by the tellers aggregating a total of $174,677.11. On December 19, 1921, the head teller was instructed to charge off these various cash items to ‘general items.’ -On the morning of that day, counting the cash items as cash, the books showed $213,-230.18 as cash. When the charge-off was made the actual cash on hands was $38,553.06. A part of the $174,-677.12 was drafts or checks which had been returned to the bank from some other bank, because of insufficient-funds, and held as cash items by the Night & Day Bank under the instructions- of appellant.

“Cash item slips were introduced in evidence aggregating $116,450, which money was shown to have been paid to one Meyer Katz.' Other items in excess of $30 were shown to have been paid to the Southern Motor Company, which was principally owned by the appellant. Some of these cash item slips were overdrafts of the Southern Motor Company and they were held as cash under the appellant’s instructions. Two of the overdrafts were introduced in evidence. One was for $830.83 and the other for $375. One cash item slip credited to the Briscoe Motor Sales Company was $1,800, another credited to the Briscoe Liberty Motors was $2,000; one for the Southern Motor Company was $3,258.83, another credited to the Southern Motor Company -was $1,764.85; one for P. A. McDermott for $5,659.33.

*682 “Seven drafts drawn on the Night & Day Bank by appellant as cashier on other banks, in various sums up to $100,000, were found in appellant’s safety deposit box. They had not been used.

“Appellant’s evidence was as follows: Meyer Katz testified that he never gave appellant anything (for making loans to him and that he never promised appellant anything. He was in the river equipment business, had invested a great deal of money in barges.and river craft; that he had a contract to haul oil on a river in Mexico; that he obtained, a great deal of money from the Night & Day Bank to finance his venture; that he left with appellant notes and an oil contract as collateral security; that he had insurance on two boats in the sum of $104,000; that these boats were lost and that he gave the appellant the policies to collect the insurance; that he had $40,000 insurance on another boat which lie lost, and that he gave the policy to the appellant to collect; that he gave the bank mortgages on five boats; that by agreement with appellant the insurance policies were turned over to Katz’s attorney for collection; that he had a contract with an oil company in Mexico to transport oils for them down the Mexico River; that the oil in the wells of the company turned to. salt water and that he couldn’t make money and that the contract could not be carried out. He had expected to make $40,000 to $50,000 per month hauling this oil, and all of this had been explained to the appellant; that he owed the Night & Day Bank $188,750 when it closed.

“Katz’s attorney testified that he prepared a mortgage and delivered it to Katz some time before the bank closed. He said that Katz told him he had given a bill of sale and assigned insurance policies for the payment of $188,750 and that he owed the bank in excess of $300,000. Katz said that he would give notes for the difference if it would free Meininger as Meininger was his friend.

“Appellant testified that Meyer Katz owed the Night & Day Bank $35,000 in the early part of 1921; that he *683 needed more money and got it from time to time from the bank.

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Bluebook (online)
268 S.W. 71, 306 Mo. 675, 1925 Mo. LEXIS 473, Counsel Stack Legal Research, https://law.counselstack.com/opinion/state-v-meininger-mo-1925.