The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-27
BIGfLOW GETS OUT
Of SIDE CONCERNS
Defauiting Bank President Is
Viewed With Awe by For.
mer Employees

MILWAUKEE,, Wis. April 26. =
Frank G. Bigelow, the defaulting bank
president, this evening made the fol-
lowing statement:
Il owe John c. Brodhead, one of the
heirs of the estate of E. H. Brodhead,
100000. 1 expected Mr.. Brodhead
would reach the city today, but he has
not arrived. / expect to make salts
factory arrangements with Mr.. Brod-
head when we meet with regard to the
amount of my indebtedness to him.
have resigned as executor of the es-
tate of Henry c. Payne and will prob
ably resign as executor of the Brod-
head estate. These are the only es-
tates with which have had any con-
nection
Il have resigned as director of the
Wisconsin Telephone company and
severed my connection with the North
western Mutual Life insurance COM
pany and the Milwaukee Electric
Railway and Light company"
1t is known that Mr.. Bigelow's hold
ings in a large Milwaukee electrical
concern were turned over to the bank
some time ago as collateral for loans
so that his withdrawal from any con-
nection with various enterprises leaves
him entirely free from any business
propositions.
George p. Miller, also an executor of
the Payne estate, stated this evening
that he had closely scrutiniZed all the
securities of that estate since Bige-
lows downfall and found them intact.
No successor has yet been chosen to
fill the vacancy of president of the
First National bank caused by the re-
mcVal of Bigelow.
1t can be stated positively that Mr..
BiSeloW Will be prosecuted to the full
extent of the law. This statement
was made by one of the directors to-
night
Everything at the bank was normal
today. Deposits were coming in with
the usual frequency and all the Off
Gals expressed themselves as conf
dent that there would be no more
trouble.
Sees Changed Conditions
Mr.. Bigelow called at the bank dur
ing the forenoon. The load he has
been carrying seems to have been re-
heved, if anything, and that his self
poise has not deserted him was mani
Tested in a dramatic manner as he
neared the building which for so many
years was the scene of his activities.
He walked directly into the bank in
full view of clerks, attaches and bust
ness men. Instantly an intense inter
est pervaded the room. Every eye
was turned upon him as he advanced
quickly into the lobby In a moment
every clerk in the institution seemed
to know that he was there, and eyes
were peering from all directions
through the cage gratings for a
glimpse of him. Clerks counting
money or entering figures stopped
with their hands poised in air
The bank had opened at the usual
hour, with hardly a bakers dozen of
people at the doors, so that compare
lively few people aside from the en-
ployes saw him. He proceeded at once
to his former desk, apparently looking
for mail. Mr.. Bigelow remained but
moment and shortly after leaving the
bank returned to his home on Aston
street.
Henry G.. Coll, the missing assistant
cashier of the bank, has not been APP
pretended.
Heirs Are Anxious
KINGSTON, N. Y, April 26-F'rank
G. Bigelow is an executor of the estate
of the late e. II. Broadhead of Milwau-
kee and formerly of Ulster county, this
state, Mr.. Broadhead left an estate
worth $1,000,000 and it is understood
that it's securities are under the direct
control of Bigelow. The Kingston heirs
include the family of John c.. Broad
head and they are now asking that
an investigation be made to ascertain
whether Bigelow has made improper
use of any of the Broadhead trust
funds