| Show STARTLING ST PROOF OF RASCALITY Blank Notes With Forged Signatures Signatures Signatures Sig Sig- natures Found in Stensland's Stensland's Stensland's lands land's Bank DEPOSITORS MAY BE PAID Lending Hankers s Is I's of or Chicago o OfT Offer r fo to c Over Cher Defunct Dank Batik mid Reopen It It Fort Foyt Worth orth Tex Aug 10 Paul to-Paul Paul O. O the lie missing pr president of oC the Milwaukee Avenue State Bank of ot Chicago who Is alle alleged ed to o have looted loot oot- cd ed the lie Institution of oC belong belong- ing lug to depositors was In Fort Worth orth today and according to the statement statement state state- ment of Henry V. V Adams who de- de clar dares clait that he was wa formerly a commission commission com com- mission merchant o of Chicago Is now on his way to Mexico Adams said ald he traveled all aU the wa way from New Orleans to Fort Worth In the same Mm sleeping bleeping Car car attached to a a. train on the tho Texas Texa Pacific road being an old friend of his held a conversation with him part of or the way Adams said he l did id not know lan was ras wanted wonted In Chicago un until un- un til III h ho had read an account of oC the failure failure fail fail- allure all all- ure o of his bank batik In lu a local paper Imper upon his arrival In In Dallas Adams says ays Stensland appeared to be bo suffering from Intense nervousness but hut denied anything was the he matter maUel with him When hen asked how his bank was getting along In ill Chicago Stensland said It was never In a n. more snore prosperous con con- dilion Adams describes describeR Stensland as as' wearing a Prince Albert coat tweed I trousers and anti a broad brimmed hat also a large larCe diamond ring on a linger I of his right hand anda diamond stud in his his shirt bosom His HIR hair and b beard were cut short Ho He also wore blue eye Ch Chicago Aug 1 10 Sensational disclosures dis closures this afternoon In connection with the ruined Milwaukee Milwaukee- Avenue 3 State Stale bank 3 add a n mystery to the OK appearance o of the banks bank's president president- Paul Paula O. O Stensland It was waw aIH that on tho the night of or J I nigh or ot the lie dl Stensland a 0 farm wagon W wai engaged to take tako a trunk front from the home h In InI I Irving Park Pari at midnight midnight- Tho rho police poU o oare are aro now making a search earch for t l wo I 1 gnu gon r S i II lf lJ T W lie ie missing president who JIO Is now HOW thought to lo be within a few miles mUes of oC Chicago Coupled with this titis was a statement ma made e this afternoon b by Inspector Snippy to tho lit effect that Theodore Stensland vice 10 president of or the tho bank and son of the missing president ent mn ma may maybe bo be Implicated directly In some of or his fathers father's schemes and that his part purt Inthe Inthe in the tho deals were not not- w wholly holly innocentI innocent I tb do not hot Intend to put behind behind behind be be- hind the lie bars Just yet yot said the the- theIn In Inspector In- In lIe He is a mo most t Important assistant assistant assistant as as- in the Investigation In an and I will vIll allow allou him hin to remain In the bank buildIng buildIng build- build Ing lug with the assistant states state's attorney and bank examiner until the lie examination examination examination examina examina- tion is finished At a meeting of oC the directors of oC the Institution held at th the home of or Marius Kirkeby at cut which James B. B Forgan r president of the lie First National bank and E. E A. A Potter president of or the American Tru Trust t Savings bank banle were wore present an on offer to take talce over the business business business busi busi- ness of tho the defunct institution was n n In u Offer to 10 J ILl I'Ll Pay n I Depositors Mr Mi Kirkeby said after the tho meetIng meeting meet- meet Ing HIT Mr fr Forgan Foran Mr MI Potter and other bankers were present at the meeting and proposed to take over 01 the lie business business business busi busi- ness of or the bank just as soon as ns 3 the examiners were through with the In Investigation In- In if we were willing rhey dollar for tor to the he depositors offer pay dollar and reopen the bank establishing estal- estal lishing it on a soun sound basis again John C. C Fetzer appeared before Judge Brentano this afternoon and filed a new bond bond- bondoC oC as re- re elver celver The forgets forgers nest wherein was hatched hatche the ruin of the lie Milwaukee Avenue State Stafe bank was unearthed to toay today to- to day ay by Assistant States Slates Attorney Olson Ol Ol- Ol son In his examination of ot Cashier Hering He lie discovered diE two bulging envelopes cn containing several era c hundred blank notes with forged signatures and several so hundred completed notes thousand thousand amounting to several hundred and dollars also said to bo he forgeries Admits Guilt Gunt A sensational late lae development to toda today today to- to Police by the tho announcement da day was Hering Herin adI admitted ad admitted ad- ad Attorney Comerford that to him that he lie was guilty of I uttering forg forgery The specific instance was as that ho he had hind cashed a note bearing nu knowing know mo the he signature of oC M M. A. A La Duly Buy Hering gave ing lag it was a forgery the lie mone money to Stensland While the tho scandal was wl widening WIs that word came from Madison Mallison the police had become confident of oC Stensland's arrest soon Detective Larson who Is in Madison was in informed informed In- In formed h by lon long distance telephone b by Inspector ctol Snippy Shipp that the arrest is certain Larson has started for Cor Chi Chi- Chi Chi- cago Madison Is the starting starlin point of the lie Continued on Ill In Page lage c Tv o. STARTLING PROOF I I OF RASCALITY i I Continued from tom Page One Important clew which Is expected to result in the time ar arrest st of ot Stensland Henn lie He nn and Cashier Cahier Hering wont went nt to Madison a 0 wee week ago Stoughton Slough Slough- ton Ion according to persons who have since positively Identified tc them from photographs photograph The Time t two to o omen men attracted attention In Madison at time tho th time S President Seen In iii Madron Jim Iti tho time evening the tite supposed Stensland Stensland land nl was ivas again seen standing In front of oC the tue A Avenue venue hotel Hering returned return return- ed oil to Chicago but lan destination destina lestina- lion tion lon Is not known or at leu least t the de detectives do- do profess not to know The scene at the bank was dramatic today tOllay when Mr lr Olson produced d the time first tangible l e evidence ence of time the true trite rascality and thievery which wrecked ot the time bank High police officials stood aghast and amid turned pale when rom from one omme o of the tho envelopes Mr Olson Avenue Avenue State Stall bank aws to tolo toto to- to lo to which signatures were attached It I was el discovered later that tho time Signa Signatures gna- gna tures had hac been Ileen traced aced over owr the thc signatures signatures signa signa- tures to gool good notes which had y gone through the time prayer l channels In Inthe th time the bank This discovery laid mid bare the method followed by time the forget forger In his imis math mad pursuit for gold Notes in PI Vault Time The notes holes were found hidden In Pre President l s 's private vault vaul It I was a explained by HerIng that whenever ready money was needed one or more of or tIme the blank notes was waR filled out and anc deposited In time llio bank bani to lo some som account If I to Stensland's ac account account nc- nc count then the time president would draw Itaw out cash and charge It I to lo his imis account wh which Ich ha had lj been en swelled by the time notes In the time other envelope were found oun about notes properly filled filed out hut but which It i is declared bear forged Ii signatures c called lct the attention of the time authorities to It tile tho tle fact that the th signatures were I In Iii black Ink while the tile amounts of the time notes noles were we written out in ill blue Ink There were other oIlier dark developments today Concerning the mortgages on omm 01 time the property Receiver Pet Fet zer said that It I was doubtful I if it many of oC them are arc good mid and thereby cast casl a doubt douht on the entire assets of or the bank At the time same time a representative of I time the receiver for the time personal estate of Stensland made a statement thol the tile estate probably will wi not reach time the tw value of or at which It IL has imas been heen estimated S Toiler Teller Commits Commis Suicide Suicide- Worry Vorry over the time loss los of oC through time the failure of or time the bank In h which he was was' a depositor Is believed bele to ha have havo hat t weakened the time min mind of Gustave e Burkhardt Burk- Burk hardt 30 39 3 years ears old He lIe le became suddenly sud suc- suc denly violent today and anti had imad to be re removed re- re moved ell mo to the time detention hospital At 30 tonight Frank who tho was a toiler teller In In tIme the lank bank committed com com- le in iii his home in Nor North Carpenter street b by shooting himself through the right temple temple- temple Ever since time the bank hank failed I Kowalski's Kowal- Kowal skis ski's neighbors have ha c talked about aboul him himas as If I he lie were in a measure responsible foil the rascality shown in the con conduct of the banks bank's affairs This Timis Is supposed to 10 have caused him to tako take his life as he ime is net act known to have ha had imad any other l' l troubles J |
