The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1906-09-07
1906 SEPTEMBER 1906
=: =: =: Y =: z = !
CRIMINAL NEWS.

Unable W meet llS ODIlSaClOnS De-
cause of large amount of money
loaned OH INSULT cient securities by it's
president. the Real Estate Trust COM
papy Of Philadelphia, which was con,
sidered one of the strongest financial
institutions in the city, closed its
doors. Soon afterwards George H..
Earle, Jr., was appointed receiver.
The liabilities are placed at $10,o00,-
900, against which there are quick as
sets OF about $3,50o,O00 and collateral
of about SS,000000, which is not nego-
table or readily converted. The man
responsible for the failure was Frank
X. Hipple, one of Philadelphia's best
known citizens, who died suddenly
under circumstances which, in the
light of later developments, lead to the
suspicion that he may have committed
suicide.
Paul o. Stensland, the president and
manager CT the Milwaukee Avenue
State bank of Chicago, which closed
its doors on Aug 6, has been captured
at Tangier, Morocco. The arrest was
made by Assistant States Attorney
Olsen, who had been on the trail of
Stensland since Aug. 49, The first in
formation regarding the bankers
whereabouts came from a woman with
whom he had been intimate and who
handled his mail after his flight from
Chicago on July IL.
Examination of the list of securities
held by the defunct Real Estate Trust
company has developed the fact that
Frank X. Nipple. president of the in.
stitution, who committed suicide, was
an embezzler. The authority for this
statement is George H. Earle. Jr., re-
ceiver for the trust company. Mr..
Earle declared Nipple had hypothe-
Gated 5000 worth of paper.
Two members of the state constab-
ulary dead, one dying and two others
wounded is the result of a fight with
Italians at Florence, Pa. One Of the
Italians is dead, another is slightly
wounded and two are under arrest,
while the house in which the rioters
barricaded themselves is wreck
from dynamite used by the troops to
cislodge the rioters.
The suspicion entertained that Frank
X. Nipple, president of the embac-
raised Real Estate Trust company of
Philadelphia, who was found dead in
hie home, committed suicide, has been
confirmed by Joseph N. King, coroner
Of Montgomery county. Mr.. Nipple
blew out his brains.
Robert Gordon of Chicago. sixteen
years old, has confessed that he struck
Joseph Reed, eight years old, with a
brick, stunning him, and then buried
him alive beneath the sidewalk in
front of his fathers home. The boys
body was found where Gordon said he
had buried it.
Herman M. Personals, a member of
the Valley City IN. d. police force.
was shot and instantly killed by des-
perado whom he was endeavoring to
arrest in the Northern Pacific yards.
This is the second police officer to be
shot here within few weeks.
Henry Drenter, living near Argo, Ia,
shot and killed Grace Reed, severely
wounded Sam Moore, a successful
rival, and then put the muzzle of
rife in his mouth and blew off the top
Of his own head.
AS the result of quarrel over the
settlement of an estate at McCracken,
Kan, Omar Young shot and killed
Alexander Walker, Jr., and Grant Pet
tliohn. Young then shot himself.
The Yosemite stage was held up by
Q lone bandit near Ahwahnee, Cal,
and the passengers were lined up and
compelled to give up their cash.