The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-09-18
THE MONEY TRANSFERRED
Otto Frenzel Goes to the Capital Bank
and Demands Iron Hall Money.
Receiver Failey Gives Him a Check on the
Capital for $l4O. 0OO-No Notification Had
Been Given, but the Money Was There.

II is not very often that O man walks in
to q bank, without a moments warning,
in the busiest part of the day. and asks tn
paying-teller TO cash q SAC, 900 check. but
that is what was done at the Capital Ma
tional Bank yesterday. The mar with the
check was Otto Frenzel. and the check
was drawn By Receiver Failey, of the Iron
Hall, and was for that orders funds which
the Capital Bank held. Mr.. Fren-
eel got the money IN cold cash.
It was three trips that the paying teller
made to the big vault, and each time he
would pile mp greenbaok. in ive-thousand-
dollar packages. on his arm like cord
wood. and dump it on his desk. Mr.. Fren-
eel was Obliged to send for assistance to
carry it to his bank, but it was gotten over
without accident. and Receiver Failey has
1t where he can put his fingers on IL. A
Journal reporter called on President Wilson
late last evening, and questioned him as to
the occurrence.
1.-THE demand was wholly unexpected by
rs. but We were perfectly able TO meet it,
but once since his appointment,
and that was Immediately after
it. He said then that he should
want to transfer the money some time. but
tnaJ ne cOul0 not tell now 6OOu, 6uQ bu6t
he would let me know. We have had no
word since, but have thought 1t best to be
preRs.sd;t nn.na, nro...a,na
Mr.. Wilson, was asked.
Well. yes" and the banker smiled eau.
tiously.
ut wasn't Just exactly business courtesy,
was itgn
mo; / shouldn't. have asked them for
such O sum without first sending them
- - IL. 49, >~-
venient for them to pay it, and i don't
believe one banker in ten would have
Would they have closed you up. if you
hadn't happened To have the money!
on to say that he was at the %telier's viii.
dow whom Mr.. trenzel called for the
money. and that he was of the opinion hat
Mr.. Frenzel was considerably surprised
when the money was counted out to him.
action on the part of the Frenzel bank. but
man we'll pleased with himself
for having defeated q scheme that
might have worked some harm to him.
When the conversation turned on general
titles be made the remark that it was very
peculiar how John FrenZel tried to rid
rough-sh0d over everyone, and then said:
Well. he never will over me-" in a tone
that said I'D q. t plan as II T0r coa,a "A noa he he
learned last night whether any of the
Iron Halls funds had been drawn from any
of the other banks or not, but 1t ls believed
that there has not.
Attorney Hawkins was seen by o re-
porter and was informed of the with.
drawal of the money from the Capital
Bank. He refused to believe it. and it was
not until he was told that the reporter had
conver.ed with President Wilson about Il
he reluctantly admitted its truth.
He then expressed the profoundest
surprise that such a thing had been done.
II am sure that / had no knowledge Of it,
and from O less authentic source should
most positively refuse to believe it. As at
torneys we have no o. trOl over Receiver
Farley, and car give no explanation OF
the affair.""