The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1904-09-29
Former Banker and Trust Com
pany Promoter Released
by Judge Belden.
CHICAGO MEN FURNISH BOND
Komp Was Ready for the Summons
and Left the Jail as Soon as the
Order of the Court Was Entered
from Fridays Daily. ]

After an imprisonment or more imam
a month, Frank S. Komp, former
president Of the Kenosha State Bank
and the Kenosha Trust Company,
walked the streets of Kenosha again
this morning free man. His re-
lease from jail was due to the fact
that his friends in Chicago filed a
bond which was approved by Judge
Be1den in the circuit court, and Komp
was at once released.
The case against him, in which he
is charged with violating the bank,
ing laws of the state, has been laid
over until the next term of the circuit
court, and the bond given for his re-
lease is continuing one, so that the
case may be kept open for long
time.
Komp had anticipated his release,
and he arose early this morning. The
books and papers that had Uttered
his cell while he was in jail had all
been neatly packed, and he was wait
ing the summons of the turnkey
when things began to stir at the Jail.
There was little delay in getting
the matter before the court, but Komp
with a smile on his face, waited pa
tient1y in the Office of the jail for the
sheriff to bring him the announce
ment that the bond had been APP
proved and that he was free.
In five seconds Komp had thanked
his iai1ers for their consideration of
him, and had taken his coat and was
gone. He spent few hours in Keno
sha visiting his friends and thanking
them for favors which they had shown
him, and then took the 11:52 train to
Chicago.
The release of Komp was largely
due to the unremitting efforts Of At
torney Kings1and, who finally man
aged to secure men who could fur
nish bond which would be approved
by the circuit court. The bond was
signed by Frank S. Komp as principal
bondsman, and by James McVeigh
and William Zukvwski, the latter
two men residents of Chicago. Both
McVeigh and Zukvwski scheduled
property in Wisconsin valued at So 900
and over.
The property scheduled by Nc
Weigh is located in Door county, and
that by his associate on the bond is
situated in Clark county. The bond,
it is understood, was perfectly salts
factory to the district attorney and to
Judge Be1den.
The continuation of the case is
taken for dual purpose, that of CIV
ing Komp a chance to settle with his
creditors and to allow the supreme
court to act on the case III which
Komp is interested and which is now
pending 1t is expected that deci-
sion in the case will be handed down
within the next three weeks.
Komp, in the meantime, with the aid
of his attorneys is making arrange
ments to settle with the creditors and
already offers have been made Of par
tia1 payments to the creditors. All of
these offers have so far been refused,
the creditors refusing to make any
partial settlement
Before leaving the jail this morning
Komp was seen by representative of
the News and in speaking of his dis
charge said: 81 shal1not ask any one
to settle with me on the partial pay
ment plan and it is my intention to
pay every cent that / honestly owe.
When the Kenosha State Bank was
arbitrarily closed the matters were
taken out of my hands and, notwith-
standing the fact that the bank paid
dollar for dollar, have never received
any report from the Trust company
in charge of the settlement and have
no idea of the condition in which they
left the affairs of the bank. Such a
report is due me before l can settle
anything else. The depositors of the
Trust company have not been asked
to sign any releases but they have
been offered partial payments of their
claims and these have been refused.
hope to be able to arrange for some
settlement as soon as l am out of
jail. -
The case against Komp is now open
until the March term of court and it
is thought that if it is possible for
him to settle with the creditors he will
be able to arrange a settlement by
that time