United States v. Lotsch

L. HAND, Circuit Judge.

This appeal comes up from a judgment of conviction upon three counts of an indictment for receiving commissions from borrowers from a national bank of which the accused was an officer (section 595, Title 12, U.S.Code, 12 U.S.C.A. § 595). The first count (the second in the indictment) alleged that on June 21, 1935, Lotsch, the accused, who was chairman of the bank’s board of directors, received a commission of $2,500 from the borrower, “Aqua Systems Inc.”, for a loan to that company of $25,000. The second count (the fifth in the indictment) was for receiving a commission…