The Cairo bulletin., 1906-08-13
STENSLAND'S SON
DRAGGED into
SCANDAL
AND 1T is SAID BY EMPL oYEES
THAT HE KNEW or HIS
FATHERS THEFTS.
INSPECTION IS ENDED
BY Bank Examiaer But Poilca and
States Attorney Continue Prob.
ing-Clerks Tell of Midnight
Trips to Bank.

Chicago, Aug 12.-State Bank Exs
aminer G. G Jones has compseted hts
inspection of the affairs OF tine de-
fnnct Milwaukee Avenue State Bank
and will forward his report TO tae au-
thorities at Springfield tomorrow. The
official was reticenf concerning the
exact results OF the inyestigat cme hut
intimated that the total shortage sis-
covered was between 100000 and
81, ,000, 900.
Son Knew Of Robbsries.
The local police and the states atl0r
neys office win continue the inuuIsi-
tions. Inspector Shippy tonight qaas
TONED dozen Of the instint Oh EN-,
ployes. One bookkeeper II positive
that President Stenland son vas
cognzant of the shaky condition II
the bank previous to July IA, the day
on which young Stehsland claims He
first suspected the iIpegnlarlt IL en
the part of his father.
Otner employees told the ns.1ecsor
OF midnight trips TO the bank by presi4
dent Stensland and Cashier HaFlng.
The information Is regarded as i'm
portant by the police
Not the Sole Foreer.
Theories that Paul O. Stensland was
the sole forger of the $4,000 wor. i
of crooked notes in the looted NJ lwaa,
kee Avenue Bank, were smashed last
night. AT least three other men 10
addition to the fugitive president are
thought to have been engaged In the
production Of bogus signatures. The
big forger, however, ii Cashier Her
! ing. The authorities now believe that
Cashier Hering's hand penned The 81 q
natures to over S500.0O0 worth css
crooked paper. A bogus note for $40
600, with the name Of NJ A. Labuy at
tached 10 it was disc vered. When
confronted with the signature ana
charged with its execution. Herring be.
came embarrassed This was late in
the afternoon and at | a. M, when
the inquisition came to an end moral
certainty had taken the place of sus-
picion in the minds of officers of the
law
Five years ago Herring fell into
Stensland's grip. He had, it is alleg-
ed, guilty knowledge of the theft of
$4,000 by the teller in the savings
department, and. in fact, was said TO
have participated in the loot.
The discovery Of new trials of crook
edaess running through the mulcted
bank led the states attorney to sum
mon peremptorily last night the prin-
cipal directors in the affairs Of the in
stitutiOn They were called upon ia
explain conditions. which Indicate
that another line Of robberies was be-
ing carried on Independently Of Stems
lands own gigantic swindle.
While secret negotiations are be
lieved to be in progress between the
representatives of the States Attor-
ney's Office and the fr ends of Paul
o. Stensland. by which the bank
wrecker and accessory ~ suicide.
death, insanity and anguish win be
brought to Chicago for trial. the
search for the bank wreck
er goes on.
While the search is go ng on the
$4,000 depositors of the wrecked irsti-
tuition are clamoring for their money.
At a meeting held today by the direc.
tors. Bank Examiner Jones' Receiver
Fetzer and presidents Of several Il
the large banks, plans we're laid to re-
pay in fun ali the depositors
A special grand jury will be called
10 investigate The bank next week.
Three Of the six directors are to b
ake1 into custody and placed under
heavy bends on charges OF compile
ty Ia the bank frauds as well as OF
,riminal negligence.
stsnslsns Is In Chicago?
According 20 the Chicago Gbron'cls
his morning Paul o. Stensland. pres.
lent Of the defunct bark for whcm fhs
,olice in every important citv are
has been seen In Chicago
vice within a week. Two Witnesses.
ne Of whom. William Jennings. was
Dr. inc years a porter in The hank.
cid tOdav Of having met the banker
o the street and exchang ng salufss
-ifh him At such time It IS as e-ted
bat he was accompanied bv lanes
. Rickson. a nephew. Stensland was
.ade the subiec- Of number Of al.
icks from various city un'u.ts