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Fructuary Fogerty. D. E, Fogerty. cashier of the National bank now numbered among the dead institutions of Livingston, was arrested last week for alleged crookedness. Failing to produce $2000 bail on Wednesday was brought to Bozeman and placed in jail to await. the action of the next district court. In referring to the arrest the PioneerPress make a damaging statement, which we hope may be disapproyed. It says : "The above announcement will not cause much surprise in St. Paul, Mr. Fogerty's former home, since the trouble at the Livingston bank and the carelessness of its late cashier have been topics of general comment for some time. In a recent interview in the Pioneer-Press, N. P. Lengford, United States bank examiner, said that while Mr. Fogarty had not, probably, been guilty of any crime, he was none the less amendable to the law on the charge of criminal carelessness. Mr. Langford, in common with all the experts who examined into the affairs of the bank, were surprised, not to say disqusted, at the loose methods of bookkeeping and accounting there in vogue. It was openlp stated in St. Paul when the receiver got at the bottom of affairs there would be trouble for Fogerty. Still, no one believes him guilty of criminal intent, or that he has made any money of the suspended First National or its depositors. He was for several years bookkecper in the German American bank in St. Paul, and while occupying that position several times laid himself open to severe criticism for carelessness, at one time narrowly escaping arrest through a piece of sheer folly, practiced to secure a balance in a hurry that he might keep a social engagement. Fogartv went to Livingston and assumed the duties of cashier of the First National when that bank was opened—more than a year ago. His habits are regular so far as known, nor is he charged with outside speculation. A good deal more fool than knave, is the general comment in St. Paul concering the man."
