Watertown weekly leader. [volume] (Watertown, Jefferson County, Wis.) 1906-1908, 1906-08-17
Herring NOT TO ESCAPE
TEN WARRANTS ISSUED FOR CHI
CAGO BANKERS AND GRAVE
CHARGES ARE MADE.
STENSLANDSTILLM MISSING
Teller in Defunct Bank Kills Himself
After a Long Session with Official
Inquisitors.

tdICAIO, Ill, Aug. 11.-Ien war;
rants IN the Milwaukee Avenue bank
case were issued this afternoon by Judge
hersten IN the absence of Judge Smith
The first two charge conspiracy TO
cheat and defraud the Milwaukee Ave
nue. State bank Of its money, property
and goods. Paul O. Stensland, Henry
W. Herring, Theodore Stensland and
divers other persons as yet unknown"
are named III these two warrants. The
next Two are against Henry w. Herring
ana charge perjury in regard to a re
port, made and sworn to by him to the
state auditor i'll January and April.
19OO, on the condition OF the bank. The
next Two charge larceny of $1,000 and
939O, and name Henry W. Herring.
Five cases of forgery are then charged
against Paul o. Stensland and Henry
". Herring. 1t is alleged that they
forged the name of NJ. {. Bartholdy to
two notes toH $500 each, the name of
NJ. y. LaBuy to one note for $1,000, the
name OF Marius kirkeby to one note
for $4,000 and the maine of S. Herhold
to note for $4,000.
Teller Kills Himself
Following the announcement by Re
celcer etZer that the real assets of the
Milwaukee Avenue State bank would in
no case reach figure higher than $780,
OOO. new fields of investigation were
opened by the suicide of Frank kOwal-
SKI. tor tive years paying teller of the
bank and confidential man of Paul 0.
Stensland. its absconding president
Meanwhile clues as to Stensland's
whereabouts produced nothing. One
SAID he was seen III Mexico.
howalski shot himself in the left tenn
pie at his home, between and o'clock
III the afternoon, after he had spent the
greater part Of the day at the bank.
Cashier Herring Caught
All theories that Paul O. StensIand
was the sole forger of the $1,O00,00O
worth of crooked notes in the looted
Milwaukee Avenue bank were smashed
late last night. The authorities now be-
lIeve that his hand penned the sigma
lures to over 100000 worth of crooked
paper. The first thing to make the in
qulsitors think that the big German
cashier is the star in nest of crooks
was the discovery of a bogus $4,000
note with the name of NJ. \. La Buy
attached to it.
Earlier in the day the police were on
another trail. 1t followed Antonio De
mario. an Italian who worked in the
bank several years ago. He was known
as The DagO,' was an artist and Il
wizard with the pen. Now the police
say that five years ago Herring fell into
StenSland's grip. He had guilty knowl-
edge of the theft of $4,000 by the teller
IN the savings department. From that
time on the cashier did the presidents
crooked work with the pen and covered
up every wrongful act
Every Gem Is Tied Up.
CCincident with KowaIskis departure
from the bank came the announcement
NV AIIs 'At1
ties of the Stensland family, far from
being an asset of the bank, had been
used by Stensland as Il means of largely
increasing his Indebtedness to the insti-
tuition, and that all his property had been
mOrtgaged to the bank for more than
five times its original value.
In this connection, Jacob J. Kern. for
mer states attorney, was called to ex-
plain his financial transactions with the
0ank. In all, the man is said to have
borrowed in the vicinity of 100000
using both notes and mortgage in his
business with Stensland. Kern stated
yesterday that he would be loser to the
extent of more than a quarter million
dollars by the failure of the bank.
To Catch Former Teller.
Waiter ErantZen, who as teller of the
Milwaukee Avenue bank six years ago.
is alleged to have cmbezzlcd 500, 900
ton by Paul o. Stensland. is III New
York, and will be brought back to Chi
cago as soon as the authorities reach
him.
Alexander +. kieland, bookkeeper for
the real estate firm of Z. 0. Stensland
u Co, which appears to have consisted
solely of I. o. Stensland, yesterday list
ed what is believed to be the entire ex-
tent of Stensland's real estate holdings
in Chicago, and revealed the fact that
a large number of properties stand in
the names of dummies" and really
were raid for by the money of the bank
According to his testimony, the annual
income from the properties IS about 49,
600.
Driven Insane by Loss
Worry over his loss of $500 through
the failure of the Milwaukee Avenue
State bank is believed to have weakened
the mind of Gustave Burkhardt, 30
years old, 800 West Ohio street. He
became suddenly violent yesterday.
{ HDEEI MANI DkhNDIIDT