Omaha daily bee., 1906-08-14
BIG REWARD FOR STENSLAND
Chicago Clearing House Offers $1,000 for
Arrest Of Fugitive Banker.
ANOTHER RECEIVER FOR DEFUNcT BANK
Judge Gibbon Appoints Chicago
Title and Trust Company, and
Legal Battle is IN
Prospect.

CHICAGO, Aug. 13.-The banks of the
Chicago Clearing House association have
offered a reward of 5000 for the appre-
hension of Paul o. Stenslsnd. fugitive
president Of the Milwaukee Avenue State
bank. So anxious are the bankers to cap
ture the accused of1oial that a conference
was held this afternoon to decide upon
some action to assist the police authorities
in their search for Stensland, and the
passage of a resolution to pay this reward
was the result
The failed bank has two receivers to-
night. Judge Gibbons. in the circuit court
this afternoon appointed the Chicago Title
and Trust company as receiver, the appoint
ment being made on petition of one of
the creditors of the institution. Following
the appointment Of the trust company. a
demand was made on John c. Fetzer who
was appointed receiver of the bank by
/ Judge Bretano in the superior court last
week. that he turn over all books and pa
pers to the new receiver. Attorneys for
Receiver Fetzer advised him to refuse to
comply with the request, and a bitter con-
| test as to who shall be receiver is sure
| to follow.
| 1t is declared by the attorneys who
asked for the new receiver today that Fet-
zers appointment in the superior court was
Illegal, because Judge Bretano was with
out proper Jurisdiction when he made the
appointment
| secret Room ins teusland's House.
Inspector Shippy and two dectives went
to the house of President Stensland at
| Irving Park. today to seek further evi-
dence against the missing bank president.
In the house they found what they believe
to be secret room. The room. which has
a hidden entrance to Stensland's den. was
discovered after a search of nearly one
hour. The room is large enough to admit
a man. The entrance is concealed by a
panel in the wall which opens with a
spring Nothing was found which would
indicate that the room had recently been
| occupied
Vice President Stensland waived examin-
alton at the suggestion of his counsel.
His bonds charging conspiracy were fixed
! at $4,000 and were furnished by A. H..
Matson and Attorney Kern. When asked
about his father Vice President Stensland
said: IT do not know where my father is
but it is my belief that he is dead. 1 know
his temperament and do not believe he
will stand this. believe he has ended It
ALL"
| Young StensIand Talks.
The Tribune today says that Theodore
Stensland. son of the fugitive Milwaukee
avenue bank president made, last night,
a full statement of his knowledge of the
circumstances surrounding the flight of his
father and touching the colossal forgery
| fraud in the bank.
In frank narration of the manner IN
| which the great scandal was made known
to him, young Stenslsnd not only hatly
denied that he ever had knowledge of the
! plot before August 3 last, but submitted
various proofs with which he expects to
substantiate his story when told before a
Jury. He declares absolutely that he was
not only ignorant of the steals perpe-
trated, but that he never proflted in 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 him
self have committed the forgeries of notes,
because of an impediment in his control
! OF the pen in recent years
Lays Blame on Herring.
He thinks also that Cashier Henry w.
Herring could not have sufficiently dis
guised his own distinctive chirography TO
perform the limitations and that therefore
an outside expert was employed for the
purpose of copying signatures on blank
| checks
1t became known late last night that
young Stensland late on Saturday had
given to Receiver John c. Fetzer for the
benefit OF the bank depositors a deed to all
the Cook county real estate held by his
father. who had given him power of at
torney. The property is estimated TO be
worth $650.o00.
The fugitive bankers son was found at
| a downtown hotel. where he Is staying
preparatory TO surrendering himself today
to the sheriff on the bench warrant for
conspiracy In which he was included with
Paul o. Stensland and Cashier Herring.
When investigation into the affairs of
the Milwaukee Avenue State bank was ro-
sumed today IL was expected that Theo-
dore Stensland, son of the missing pres
ident of the bank, would surrender on the
warrant for conspiracy in which he. with
his father and Cashier Herring, were in
cluded. Young Stensland. who was vice
president of the bank, was accused of re-
ceiving deposits after he knew the bank to
/ he insoiveut He was located AZ dowp