Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1906-08-08
POLICE AREGUARDING
Milwaukee Avenue State Bank For
Fear DepOsltors
MAY MAKE ATTEMPT
by forclbie Means 10 Secure over
Four MiIllea Of Dollars That
Had Been Entrusted to
the Institution.

Chicago. Aug. 7.-Presldent o.
Etensland Of the Milwaukee Avenue
State bank. will probably be arrested
as soon as he enters Chicago or can
be found. Bank Examiner Jones, who
closed the bank. said Mr. Stensland
surely had guilty knowledge OF the
lootlng OF the bank. The $4,000 de.
positors are gradually losing hope OF
receiving the si.2OO.OOO they entrusted
to stensland's care.
Detectives are now seeking Cashier
Henry w. Herring. an alleged embez'
xler. Detective Cannon. who has a
warrant for Herrings arrest. has In
formation TO the effect that the miss.
/ ing cashier Is Ia Detroit. Il secured
this information from reliable sources.
Herring left for Detroit Saturday
night" said Cannon. His destina'
/ ton. I understand. Is Canada"
Police In Detroit have been com
munlcated with and detectives have
taken up the search for Herring In
/ earnest
There wa a crowd OF several hun
ired working people around the bank
/ Tuesday morning. NOTWITHSTANDING
the doors were closed and there were
no prospects Of recoying funds, they
stood for hours In a drilling rain.
Police were called for 10 guard the
bank. The call for the police was
caused by fear that depositors and
their friends would storm the bank
and cause a riot when rumors that
| the contents OF some OF the safety de-
poslt vaults had been tampered with.
/ Persons with money In the vaults are
said 10 have found their savings gone.
These rumors originated In the buch'
er shop c: Otto Balura, Marshfield
avenue and Cornolla street. Balura
said his sister had $500 in the vaults
and when she went 20 get II the money
was rene. Other stories OF alleged
tampering with contents OF boxes
we're circulated through the crowd
and helped excite the baLk's patrons.
Later Assistant Chief OF Police
schuetteler with Inspector Shippy and
Bank Examiner Jones went 20 Justice
severson and asked him 10 issue a
warrant for the arrest OF President
stensland. The charge In the com
plant asking for issuance OF warrant
Is fraud Justice Soverson was not
inclined TO issue the warrant and they
returned 10 the bank empty handed.
Il was said. however. that the war
rant would be issued later by Justice
Seyerson or some other pustice.
Assistant Chief OF Police Schuettler
personally took charge of the police
guarding the bank lie soon sent 2
requlsltion 20 Chief Collins for more
policemen. 4 large number OF add
tional men were promptly ordered to
the vicinity.
The following message has been
sent broadcast over the country by
Inspector Shippy: Arrest for EN-
bezzlement Henry W. Herring. cash
Ter of Milwaukee Avenue State bank
Complainant Is Milwaukee Avenue
state bank. Carpenter street and Nil
waukee avenue. Forty 20 forty-fivs
years old. six feet two inches tall. 27i
pounds. stout build. dark complexion
chestnut hair. dark brown mustache
light suit. He Is a good dresser Send
all Information 20 Chief Collins"
II was learned that the peculation'
Of banks funds began before the yeal
1901. Al the beginning OF that year
a shortage OF ,25O.OOO Is now said &c
have existed. II Is also learned that
Theodore Stensland now holds th'
power OF attorney from his father
The son Is alleged 20 have been fur
ther authorized by Stensland. Sr.. e
dispose OF all property. including rea
estate belonging 20 him (the father
80 as 10 make good as far as possible
peculations.
Members OF clearing house commit
tee expressed the belief that Cashier
Herring and President stensland ar'
now In Canada. A rumor that Theo
dore Stensland had also disappeared
grew out OF his failure 10 keep an ap
polntment with the police department
and a search began.
Judge Brentance OF the superior
court appointed John c. Fetzer re
eeiver for the closed bank. A bill o.
complaint filed in court alleges mis-
management by officials.