Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-08-13
Theodore StenSIand Relates Cir
CumstanCes Surrounding
The Event.
DENIES COMPLETELY IN PLOT.
Great Pressure Was Brought to Bear
Upon Him to Keep the
Bank Open.

Theodore Stensland, son of the fugi-
tive Milwaukee Avenue hank president
made hast night a fun statement OF his
knowledge OF the circumstances sur
rounding the aight Of his father, and
touching the colossal forgery fraud in
the bank.
In a frank narration of the manner
IN which the great scandal was made
known TO him, young Stensland not
only latly 6enied that he ever had
knowledge OF the plot before Aug
last, but submitted various proofs with
which he expects TO substantlate his
story when told before a jury He de-
clares absolutely that he was not only
ignorant OF the steals perpeirated, but
that he never prohted Ia any way from
them. The young man advanced the
belief that his father has not fed the
country. but has committed suicide. He
also advanced the theory that his father
could not himself have committed the
forgeries OF notes because OF an impedi-
ment in his control OF the pen in recent
years.
He thinks also that Cashier Henry w.
Herring could not have sufficiently dis
tAtF'A tAls bhAA GANAAliAkANf NAlAlbh aHAAN
TO perform the limitations and that.
therefore. an outside expert WAS EN-
ployed for the purpose OF copying sig
natures on blank checks.
IL became known last night that
young Suensand, late ON Saturday
night, had given TO Receiver John C..
Foster, for the benefit OF the bank de-
positors, a deed for all the Cook county
-. k.fa E.sI ~. q Ia
given him a power OF attorney. The
property is estimated to be worth $3.50,
900.
The fugitives son was found at a
hotel. where he Is staying preparatory
10 surrendering himself today 10 the
sheriff on the bench warrant for con-
spiracy. In which he was included with
Paul o. Stensland and Cashier Herring.
The young man was sought out for
the purpose Of obtaining his comment
on new police charges made during the
day 30 the effect that the son had pre-
yious knowledge OF the entire plot, and
that he had aided and abetted his
fathers escape from the claims Of the
law.
These latter charges were based OF
testimony given 10 Police Inspector
Shippy during the day by employees Of
the bank. Lorenzo Boediker, custodian
Of the Slfety deposi, vaults, informed
the inspector that Young Stensand had
the key 10 his fathers deposit box. the
day after the disappearance Of The
father. the middle OF July, and that he
went to the bank frequently and opened
the box Ia the two weeks before the
scandal broke.
III is true that | had the key to my
fathers safety box a few days before
he left town. said Theodore IN COM
mentng on the information; but did
not go through the box before / re-
ceived the alarming letter nearly three
weeks later ! knew nothing absolutely
about the whole miserable affair and
never hAi the slightest suspicion raised
until ! finally went through the box in
compliance with my fathers mysterious
letter"
The letter, young Stensland said, was
undated and unheaded, but WIS post
marked 81. Paul II contained key 10
his fathers safety deposit box Theo-
dore said De opened the box and found
a sheet Of paper bearing power OF
attorney made out Ia his name and
signed By hts father This paper young
Stensland took from the box without
disturbing the other contents
After this said Stensland. things
ran along smoothly at the bank though
he heard nothing more from his father
until on Friday, Aug. 3, when he re-
ceived a second letter similar 10 tie
first. This second letter contained the
companion key TO the one sent in the
previous letter. stensland continued.
In the letter father asked how
things were az the bank. Then he re-
ferred 10 having had bad luck In his
real estate deals and the loss Of money
generally He said that things az
The bank had not gone as they should
have and finally said that ] would
find in his vault box memorandum
~ hts Indebtedness 10 the bank Alter
that he devoted a couple Of para
graphs To remarks on the relation OK
father and son, which was unusual
between as
II went right over TO the bank that
afternoon and opened the box ana
began TO 60 through the papers la
the midst Of .he mass / found long
envelope addressed Theodore stems
land Above the address was a notc
m my fathers handwriting.
THE list ~ names in my own
writing IS taken from notes which
Herring claims are my obligations
Below thl address was this nota-
ton:
THE little red memorandum book
viii show M indebtedness IN Decem-
Der, 1901.
Il opened the envelope and found
two sheets II paper one was a list
a. notes Do fathers writing. The other
was list OF notes In Hcring's writing.
Fathers list totaled Sl,0O3.o0o.
"HCring's list was not totalicd but .
Il proved to De- some 100000 OF |
S400. 600 less han fathers"
Young Steusland said he submitted /
the memoranda 90 Francis S. Peabody. /
+. g. Potter and John r. Forgan. .
bankers who were loath 10 believe I
that the memorandum Of forreries I
could be anything hut a huge mistake. /
Bank Examiner Jones'" he re- /
sumed. "Was unwilling 10 believe there |
was .hortage. and said he would not I
like 10 close the bank and find % was +.
a mistake But | vas convinced that I
something was wrong and I didn't |
want 90 take the responsibility 81 rum |
uing the hank and taking In money /
when ! knew conditions were sus-
picisus"
Stonsland declared that great prss- F.
sure was brought 10 bear on him 10 .
keep the hank open. 10 was proposed ]
BY one banker that deposits be receive /
Cd and placed individually in en- /
velopos pending the investigation. and /
that no money be- paid out Tho ]
Young man branded the scheme az /
ruinous and with his own hands. he /
saws. closed the doors n few minutes I
after q. m. and told Jones 20 put .
up his closing notice
~ .nII a. Ill MIIIIIMAN MAN l