| OCR Text |
Show I VICTIM OF BOND FRAUD FDRGrVING Idaho Millionaire Is Sorry That Broker Chose Suicide to Evade Penalty SPOIvAN'K. Wnsh.. Jan. 11. Forgiveness For-giveness would have heen Hie. portion Of John B, Mllhollund and Jnv B, H Hough bad they come to him, said (I ! James C Callahan oft his arrival heirp il ad night In connection with Mllhol- land's suicide and Hough's all-i:- I ronfcsslnn that he and Milholland :i id . nrbexxled $3'.rt.ono from Callahan. Cillahah, Idaho inininK millionaire and old time proepcetor. arrived from the cabin where he Ilvsd. alone near Wallace, Idaho. Ho said: "If the hoys had come to m and I laid the ranis on inn am i mimum. have said. Koncct u. hoys.' rathjsr than to have nny man commit sul-1 i ldo for me I could p find I' in my heart to Judgn any man as John Mil-; holland has Judged himself," ho Aid-, J i lit ; ed. MINER IS FORUIVlNp. Hough, following hi alleged 1 -(oaslon to authorities Sunday, iffcs r-rosted r-rosted and a warrant charglm; -mi.,-- ; lemont issued fot Milholland. While j i police were necking admittance- to the. .Milholland reshh n . h- "hot him through the head, according to th m. I "I do net belies e these boys started I out tn do wrong hot one w .ii i- guilty as the other," Mr. Callahan M I J -xl.l.' "Thev just kept going- and gt i , tin in a Mitlc worse nil they ffpl 1 I ilesperate. I ! "T know that Milholland was the i leader. He was the strongar charac- , i ter, but Jay had plenty nf opportunl- ( I jj ties to tell me that I WM being vic- r I r Limited , BOUGHT PORG1 D BONDJ. i Mr. Callahan said that It WM Mll- lij I holland who advised him to buy the ' bonds which. In Rough's alleged con- fesalon. are forged. Callahan declared ') the first bonds ii" bought through MIU l olland and Rough were genuine hut tlmt these, upon the advice, of Mllhol-. Mllhol-. if i land, were converted Into others to Jj J pay more Interest, f! Il "Thl iast bonds I got from MllhOl- I land and Hcuph were solfl tne on the I' understanding that they were tax ex- ) ' ' empt." Mr. Callahan said. -'I Cpulfl '!!' hardlv have been expected lo guepect J I ! V that their Signature wem forgeries. This would he i tak f.r i handwiit-I handwiit-I . ing expert and i never thoupht of sus pecting my friends of such a thing, mil i TO SELL '1 m "These substitution: of iogu .loek ag rajj up to $325. out). Then this fall Milholland came to suggested that I ht him have certain stock us M collateral. Re said he needed the money, that he could hypothecate my bonds' but thut his did not. have n real L ' , vine. I - -li.u-e-' i S of Anaconda Copper. r,o0 of Insplra- i Hon and some others, amounting In j, ,,11 to a then market value of 000 Vs geCUTlty he Rave UIO some bonds vhtch 1 thought w. ' airtight it v.u, not until I had to raise over $100,000 last month within ten i . that I learned these worthless I needed the money and could not get It. Milholland would cOmc tc Wal-lace Wal-lace clip the coupon.-; -nd send me 1 their check for the bond Interest. 1 lust cot notice to.lay that a check for H ',00 Riven to me by them on the H diarnnty Tru?t eemparv of N' N Vm I. H has been protested." P RTVER REARS M WS I Vo in., next In'.o th. death "f Mil - H holland will ho held, Corinty Coronr H William Newman said. "MUholland's I ,: if I 1 'Id. fl i S Prpsecctlns: Att'vm v Meyer declar- H , ,i "There nothing to show that H funds handled by Milholland and H Hough other than th... beloha H Mr Cnllahan were emhexzled." He H .mnounced his Intentlo'i to press the H 2 case as soon as a receiver for the ion- B ' ni has been appointed and the com- H p.iny s books and papers examined, H Milholland, his wife 'old newspaper- . men, carrle.l Insurance of (24,000. He i Is "aid to have made a new will last iiil Saturday. I Hough. In his Jn II c ell, ..as not In- M ' formed rntll Monday of his panni r's I death. "Officials snld he epn.-eil j profound grief upon he. tin,- the news and said. "I had hoped anything like that miRht be avoided by Die eonfos- 11 slon. T was thinking cf his Wlfo and ft i hlldren and had hoped to spare B H ihem." H o u (C h , th" police siild, B not cater, since he aroated. iVlllHlIB nn |
