State v. Peck

Austin Peck, Jr., and Robert Peck were j ointly indicted by the grand jury of the city of St. Louis, for the crime of embezzlement by a bailee. In-the view we have of the case a short statement will suffice.

Peck & Company (alleged to be composed of the two parties above named) was selling Dayton Coal, Iron & Railway stock to one Jordan Eilers of Gillespie, Illinois. There were several of these transactions. The transactions were not cash, but upon account, and Eilers was putting up collateral. The collateral agreements ran thus:

“Peck & Company, Investment Bankers. MerchantsLaclede Building,…