Munroe v. Harriman

KNOX, District Judge.

That Joseph W. Harriman, who, at the time of the inception of the transaction here in controversy, was president of Harriman National Bank & Trust Company, was thoroughly dishonest, and a cheat of the first magnitude, admits of no doubt. In the later days of his power he became desperate, and engaged in a series of frauds so reckless and unconscionable as to beggar description and approach unbelief. Inevitably, the crash came, and the wreckage was widespread. The bank failed. Its stockholders were subjected to assessments, its depositors have received but a part of their…