The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-01-16
RECEIVER HITS
BACK AT CRITICS
Reveals New Facts About the
SchettIer Failure.
EXPLAINS TWO EPISODES
TALKS FURTHER ON THE PAY
MENT TO MRS. THOMPSON.

Ordinarily, 1 am averse to defending
myself in the public print" said Re
ceiver r. r. Anderson of the defunct
Schettler bank. yesterday. when his at
tention WAS called to the many conflict
ing stories which have gained circula-
ton throughout the state anent the
handing over of the sum of 5000 to Mrs
Caroline Thompson. one of the credit
oTs of the bank.
Il sincerely deprecate publicity" con-
tinued Mr.. Anderson, and would much
rather have this subject held in abey-
ance until the matter can be thorough
~ threShed out, if necessary. in the
court at the proper time. But, on sec
Ond thought, it has occurred to me that
If / remain silent my motives might be
questioned and misinterpreted and so.
10 allay any unjust suspicion will make
a simple statement which will fully eX-
plain my attitude since / was appoint
cd receiver.
Il believe that all the criticism now
ceHters on my connection with the Mrs.
Caroline Thompson episode. This is
my explanation of that matter: Mrs.
Thompson came to the bank on or about
the 18th day of last October to see Mr..
=. +. Schettler about having a settle
ment of the deposit of 5000 made on
Oct 10, a few days before the banker
failed. Up TO that time l know nothing
whatever about the transaction and il
was only by accident that 1 overheard
her on the occasion of that last visit
. on Oct % threatening him. Then I
came from the rear OF the bank and
asked her what the trouble was She
explained TO me that the county attor-
ney. or his assistant, had asked her to
give Mr.. Schettler one more chance to
pay her, and she told me all about il.
I then asked her if she would be kind
enough to give me until the first day
of November, at 10 a. m, to raise the
Oh %
hesitation. TO wait until the time men
toned.
Urges Schettler to Pay.
After she went away I pleaded with
MIR. Schettler to try to raise the money.
/ did this because my sS mpathies were
strongly aroused by her statement that
this particular sum of $500 was trust
money, and not her own money at all.
and that she must have it.
AT that time 1 knew practically
nothing Of the dire extremity OF the
Schettlers as to any criminal transac-
ton the banker might have been en-
gagged in. Things change materially in
two months, and at that time 1 was
wholly engaged i'm listing assets and Ii
abilities and had made no examination
to speak of. When not engaged in that
work my time was taken up in trying
To pacify depositOrs who came i'm be-
wailins their losses. Well. ! put the
ard begged of him to try to raise the
money in this particular CAGE. My at
titude at that moment towards him was
that OF a friend and not as a receiver
of his bank He finally brought the
money in small sack. The money
was i'm ten $50 gold pieces. and he said
that money vas never more hardly
earned than that was, and that he had
got it from his boy, Karl Lester Schet-
tier
Mr. ADdersor, ar,,rb, t;,,1I-- 5,11,,.,
that he was quoting Mr.. SchettIer's ex-
act words. Mrs. Scnettler-'s statement
that One-half this money came from a
woman friend to the contrary not
withstanding.
Two Receipts Given.
Il handed B. H. Schettler Temporal
ry receipt. or an order, until I could
get the regular or proper one from Mrs.
Thomson" Mr.. Anderson went on
THAT temporary receipt was drawn in
favor of Karl Lester Schettler. and was
signed by me as an individual and not
as receiver of the bank. If it had hap
pened that Karl Lester SchettIer and
Mrs Thompson had met in the bank at
the time the money was produced
would not have appeared or have had
anything TO do with the transaction at
all I merely acted as an agent for
both parties.
When Mrs. Thompson called I accom-
panied her over to the Utah Commercial
* Savings bank and there deposited the
money to my private account. so that
my own books would always show the
transaction should that transaction ever
he questioned. When that had been done
Immediately drew my check for the
500 In her favor and obtained from her a
receipt in favor of Karl Lester SchettleT-
J. took particular pains TO write in her
savings book full record of the trans
action Immediately under the last entry
that of the $500 deposited on oct. Il.
l9N-and then wrote for her beneath that
entry the following words.
'19Q-Oct. Il, deposits 800 which $500
1.-TWO hundred dOllarsl deposited on Oct.
a. 1904. was restored and paid over to
I'm cash by Mr.. K. r. Anderson as a pri-
vate individual. AND NOT AS a RE-
CETVER. this LIST day of November,
1904 and / hereby agree 70 participate
only IN the dividends Of the remaining
balance Of S2S6.56 standing or this book
TO my credit, and ] hereby relinqush all
claims whatever to the dividends which
may be declared on the 900 which have
this day received in favor of said r. r.
Anderson. and authorize him TO draw the
dividends
CAROLINE THOMPSON.
AUGUSTA HUNT.
Witness. p. r. Schettler-
Young Schettler Becomes a Creditor.
This combined receipt and order was
signed by Mrs. Caroline Thompson. and