The Montgomery advertiser., 1906-08-14
REWARD FOR STENSLAND Clearing House Offers $5,000. BANK HAS TWO RECEIVERS Son of Fugitive President Arraigned
 in Court.
 
ANK HAS TWO RECEIVERS
Expresses Belief That His Father Has Taken His own Life, BeisE Ua-
 able to stand His Guns.

Chicago, Aug, 13.--The banks of the Chicago Clearing House Association have offered reward of s5,Ooo for the apprehension of Paul. O. stensiand. fugitive president of the Milwaukee Avenue State Bank.
 So anxious are the bankers to cap ture the accused official that a confer ence was held this afternoon to decide upon some action to assist the police authorities in their search for Stems land and the adoption of q resolution to pay his reward was the result.
 The failed bank has two receivers tonight Judge Gibbons. in the circuit court this afternoon appointed the Chicago Title and Trust Co.,, as re- ceiver. the appointment being rnads on petition or one of the creditors.
 Following the appointment Of the trust company q demand was made upon John c. Fetzer. who was appoint cd receiver of the bank by Judge Bretano in the superior court last week. that he turn over all books and papers to the new receiver. Attorneys for receiver Fetzer advised him to ra- fuse to comply with the request and a bitter contest as to who shall be receiver is sure to follow.
 It is declared by the attorneys who asked for the new receiver today that Fetzer's appointment in the superior sourt was illegal, because Judge Bretano was without proper jurisdlc- ton when he made the appointment.
 Theodore Stensland, vice president of the Milwaukee Avenue State Bank appeared in Judge Kerstens court fhin afternoon. With him was chief deputy sheriff Steinert and attorney Jacob Kern.
 stensIand Valves Examfnaeiam.
 When arraigned in the court. Vice President stensland waived examina- tion at the suggestion of his counsel Ills bonds in the charge of conspiracy were fixed at S1O.000 and was furnished by A. Fl. Watson and Attorney Kerm. When asked about his father. vice where my father Is, but 1t Is my belief that he is dead. I know his tempera- ment and do not believe he will stand this believe he has ended it all When investigation into the affaira of the Milwaukee Avenue State Bank was renewed today. t was the expecta- tion that Theodore Stensland. son Of the missing president of he bank would surrender himself to the sheriff today on the bench warrant for conspiracy. in which the younger Stensland was in@ cluded with President Stensiand and Cashier Herring. Young Stensland, who was vice president of the bank Is ac- cuSed or fecGiNlnR deposits nikeF no knew the bank to be insolvent. Kfa was located at down town hotel lass night.
 Assistant states attorney Olson stat cd today that he had received inform atiou concerning a woman whose iden~ tlty he refused to reveal. who, he said. had important information regarding Cashier Herring and President Stems land. detective was sent for the wo- man and 1t was expected she would be secured later in fher day.
 After Woman in Case.
 This afternoon detective who had been sent to the hotel where the wo- man was said to be stopping reported that he was unable to locate her. He said he was told at the heoteI that the woman with her husband had left the place early In the day
 Inspector Shippy and two detectives went to the home of President Stensland at Irving today to seek further evi- denee against the missing bank presi- dent
 Tn the house they found what they believed to be secret room. The room which has a secret entrance to stenslands den was discovered after a search of nearly an hour. The room is large enough to admit a man. The entrance is concealed by a panel in the wall, which opens with spring. Nothing was found which would in- dicate that the room had been recently occupied.