Salt Lake Telegram | 1930-12-12 | Page 11 | Man Arrested for Grand Theft on Coast

t Man an Arrested for lor t. t Grand Theft on Coast HOLLYWOOD Cal Cat Dc Dee Dec 1 12 CAP AP Defalcations totaling several million millon mil mil- lion lon dollars from tram tho the Guaranty nt Building and Loan association of ot Los An eleS' eleS were admitted d todo today In InQ Ina Ina a Q written confession conCession b by Gilbert Henry 45 45 Its Us secretary manager Directors of ot tho the association said m I in s a appropriations p P r might aggregate They were said Id to have o affected not only the tho association i In I which lie ho was wan wana wasa a 65 per cent stockholder but also the ho North American Bond and Mortgage company and the tho Guaranty Guaran Guaran- t ty Holding corporation both of ot Los Angeles vrna described an as having ha been a J. J dl director ctol of ot the latter alter concerns The Tho confession conCession was s-as given io to Charles A A. state build build- lag Ing ne and loan 1 commissioner Bloner and to directors of ot the association after which B was taken Into custod custody He was charged with grand theft said the confession disclosed disclosed disclosed dis dis- closed tho the most and elaborate ambo rate J peculations of oC their kind hint In California in recent years ears Beeso- Beeso eose- eose myer said nd the abstractions were ere made mado over o a n. period of ot nine nino years S. S i