Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-08-09
NOTES WERE THE BASIS OF IT.
Cannot Say They Were Forgeries,
As Signatures Good Enough
To Deceive Him.
Some Weeks Ago Concluded Something
Was Wrons--t;reat Abundance
OF Notes Worried Him.


day says:
Henry ". Herring, cashier Of the
Milwaukee Avenue State bank looted
hv Paul o. Stensland Of over $1,000
ono. Is in Chicago. lie has not been
out Of Chicago since Monday morn
ing.
The police department can call in
iis circulars. take IFS detectives OF the
trail and rest assured IN the belief
that at o'clock today. or rather one
minute after /. Sir. Herring will be
IN the custody Of Inspector Shippy.
Herring intends to give himself Up.
end is absolutely confident that IN
short space Of time he can show 10
The satisfaction u every one concern
I'd that he had no part IN the robbing
~ the $4,000 depostors Of the wreck
ID institution.
CASHIER TELLS STORY
From o'clock until II O'Clock last
night a reporter and the Inspector
Eat on a bench in one Of the city's
usrks. In these two hours Mr. Her
ing told the story OF his connection
with the bank from the time OF his
employment !. years ago until he
closed his safe last Saturday.
The cashier does not think he can
he correctly described as fugitive
from justice. il has been stated that
ne ran away from town last Satur-
day and various surmises a. Ia his
Whereabouts have been put forward
by the police.
TOOK DAYS REST.
As matter Of fact. when Herring
left the city on Saturday. he simply
went up the lake for a days rest. lie
reached Chicago Monday morning.
got on a car, and rode straight 20 the
hank. When the car stopped oa the
corner he jumped OF carrying his
heavy grip. Just as he reached the
edge 81 the sidewalk he saw a man
FASTING the notice OF the closing of
the bank on its doots Instead OF as
oending the steps. he backtracked and
headed down town.
The pasting Of the notice on the
window proved the elimination Of
suspicious aroused in his mind six or
eight weeks ago that things ln the
lank we're not right
This suspicion was intensified by the
unexplained prolongation Of the 10
days absence that President Stensland
said he was going 10 take when he
Jeff three weeks ago last SUNDAY and
suspicion became certainty when he
saw the mob II frenzled depositors
ground the banks door
Herring thought he would like
few hours 10 think affairs over before
he jumped Into the financial wreck
and he went 10 the home OF a friend
SAYS HE HAD NO MONEY.
M Herring is nslstent I'm his state
ment that he had absolutely nothing
whatever to do with any REGULATION
81 the banks funds. He swears he
has not prohted one penny by the
irregularities brought to light He
asserts that although cashier Of the
BANK. he was merely clerk fof
Stenslsnd; that all he did was L. car
~ out Stcnslands orders.
ne declares that stensland's instruc-
Mons were such that there was no way
m their face ~ determining that any
lcrooked business was going on. ID was
pnly the elimination OF a number of
suspicious incidents aud the piI,nr OF
Inote, upon note to carry ON stems
tisnd's real estate operations that fin
| ally made him morally certain that
ihlevery was rampant IN the institu-
lion.
HAS HONEST FACE.
Herring is heavy set. sfolid n.
diYidual. lie has no nerves or has
them under most absolute control lIe
has a good square. honest face. with
sray, unWinking oyes that look you
Hrla afs1 a
had the rcpose and cslmncSs OF an in
nocent man. and the story he told
bore every superficial evidence ~ be-
ms true
While defending himself with ,be Mt
most vigor he made no Wild accuse
tons against Paul O. StHnslsnd. he
SIMPLY told what he said was a plaIr.
unNarnished statement OF tho rise ~
Siensiand and his downfall. brought
about by mania for real estate in
Nestments
Mr. Herring sHears he has no Enopl-
odge OF Just how and when the notes
taid to be forgcrios were signed by
htonslsnd.
As a matter Of fact" said he. "at
this moment do not know they ave
iorgeries, The signatures were good
enough ia deceive me-"
Whenever Stensland needed money
TO bolster up his operations he worked
~ follows.
STENsLANDS METHOD.
Mr.. Stenslsnd would come 10 my
desk said Mr.. Herring. "and say 10
me: Mr. Ilering. please MAKE out
certain number OF notes the number
~ which he would give mel for these
amounts he giving me memorandum
Of the amounts ! then made out the
notes aud handed them to HIN or sent
ihem Go hin IN the regular routine OF
business Later. generally the next
day. they we're returned 10 me duly
figned by various pcUplc or AZ least
they had the alleged signatures Of va
riouf people
Mr.. Stensland then ordered me 10
place them To the credit OF his personal |
account, and would then draw checks /
on his personal account for the various /
enterprises which dragged him 10 ruin
'Dld he ever utilize the names of any /
of the employees on these notes."
Il only know OF one Instance Before I
The last report 10 the state auditor there
was an oNOrdran of $4,000 which had I
"a be taken care Of IN some manner. /
lie got two employees 81 the Co-o2cra- /
tive tore, which was the chief milestone 4
around his neck. 20 sign notes for this |
amount, and this paper was used 10 /
conceal the oyerdrsfl.
When did you first become susri- |
rious that something was Wrong!"
BECAME SUSPICIOUS.
MY suspicious were aroused some
lime sEo hut I rnada nm mr. mind that