People v. Marcus

Section 305 of the Penal Law fadded by Laws of 1913, chap. 102), so far as applicable, reads as follows: “ Any officer, director, trustee, employee or agent of any corporation to which the, Banldng Law is applicable, who abstracts or wilfully misapplies any of the money, funds or property of such corporation, or wilfully misapplies its credit, is guilty of a felony.”

The defendants Marcus and Saul Singer were directors of the Municipal. Safe Deposit Company, a subsidiary of the Bank of United States, and the defendant Herbert Singer was an attorney in the office of Isidor J. Kresel, the…