FREE BOOKS

Author's List




PREV.   NEXT  
|<   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141  
142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   >>   >|  
ded that "if any cashier or other officer, agent or servant of any incorporated bank shall embezzle or fraudulently convert to his own use the property of the bank, he shall be punished," etc. It was earnestly contended that a president of a bank was not an officer within the meaning of the statute; but this contention was overruled by the presiding judge, who was sustained in that view by the Supreme Court on exception. There was, however, no such offence as embezzlement known to the common law. So a person who fraudulently converted to his own use the property of another could only be convicted of larceny; and the offence of larceny could not be committed where the offender had been entrusted with the possession of the property converted, the essence of larceny being the felonious taking of the property from the possession of the owner. Further, nobody could be convicted of larceny except on an indictment or complaint which set forth the time and place of each single conversion. So, if a servant or agent appropriated the fund of his principal, the embezzlement extending over a long period of time, and it was not possible to set forth or to prove the time, place, and circumstances of any particular taking, the offender could not be convicted. The statute to which I have just referred was intended to cure both these difficulties; first, by making persons liable to punishment who fraudulently appropriated the property of others, notwithstanding they had come rightfully into possession; and next, the necessity of setting forth the particular transaction was obviated by an enactment that it should be enough to prove the embezzlement of any sum of money within six months of the time specified in the indictment. After the conviction of Wyman, the case was carried to the Supreme Court, which held that the statute making bank officers liable included bank presidents. But the court held that the other part of the statute, providing for the mode of setting forth the offence in the indictment, did not apply to bank officers; and that they could only be held on an indictment which described the particular transaction, with time and place. So the verdict of guilty against Wyman was set aside, and a new trial ordered. Before the new trial came on at Concord, a statute was passed by the Legislature for the purpose of meeting this very case, extending the provisions of the Revised Statutes as to the mode of pleading in
PREV.   NEXT  
|<   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141  
142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   >>   >|  



Top keywords:

property

 

statute

 

larceny

 
indictment
 

possession

 

convicted

 

offence

 

fraudulently

 
embezzlement
 

converted


liable

 
making
 

appropriated

 
taking
 

transaction

 

extending

 

offender

 
officers
 

setting

 

officer


servant

 
Supreme
 

enactment

 

provisions

 

obviated

 

meeting

 
pleading
 

persons

 
punishment
 

notwithstanding


rightfully

 

Statutes

 

purpose

 

necessity

 
Revised
 
verdict
 
presidents
 

guilty

 

included

 

difficulties


providing

 

ordered

 
Before
 

months

 

Legislature

 

passed

 
carried
 

Concord

 

conviction

 

complaint