Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-12-10
PRESIDENT AT SANTA BARBARA
David F. Walker Arrested There and
is Coming Back Under Guard.
BONDS ARE FIXED AT $4,000
Vice President Brown and Director
Barnsn Locked Up.
MONEY SITUATION UNAFFECTED
Closing Of Trust Company Has NO
Eject UpOn other Institutions
--How DEPOSITORY Money
was spent.

NAa GNGANs
SAN FRANCISCO, Cal. Dec. s.-James
DaizeI Brown, vice president and general
manager Of the California Safe Deposit
and Trust company, has been Joined in
jail by w. ]. Bartnett, director Of the de-
funct concern and originator OF many
costly ventures which brought ruin to the
trust company. The two men are now
pTisonerE at the city prison. At the same
time. President David F. walker Of the
wrecked bank IL under arrest at Santa
Barbara and viii be brought back to san
Francisco under guard. All three men are
charged with the embezzling OF stocks and
bonds OF the Cotton estate.
Accompanied by HIS wife and two police
men, Bartnett was brought over from his
home on silvas island or the Marin shore
this morning and was taken Immediately
TO the city prison. He applied to Judge
Dunno for a reduction of his bail from
s2Oo.OOo to 5000 but his request was de-
MED, He ts stin in Jail, as Is also J. Dali
zell Brown. who was arrested last night
and has been unable get $2Oo.Oo0 bail.
The wafrant for Walkers arrest vas
issued this morning on the complaint Of
Crittsnden Thornton. the attorney for the
Cotton estate. who made the charges
against Bartnett and Brown. A telegram
authorlzing the arrest OF Walker was sent
to Santa Barbara and he was soon in
custody. His bail has also been fixed at
600, ,OoQ
A meeting Of the depositors OF the Cal
ifornia Safe Deposit and Trust company
win be held this evening General T. s.
Webb announced this morning that all the
stockholders Of the defunct bank would
be Joined as defendants In the suit for the
appointment OF a receiver and that they
viii be held for the debts Of the bank
The looting OF the bank has Bothir.s
whatever to do with the financial situa-
tion.
This afternoon Judge Dunno decided to
reduce the bail IN the cases Of Brown and
Bartnett TO $1,000 each. II is understood
the bond will be given for this by a surety
company.
DeDOsstors LOst NO Time.
Through the activity Of the depositorB'
COMMITTEES OF the aefunet California Safe
DEPOSIT and Trust company the develop
Tnenta of festern1y vsee made possible
wfthin a few hours after the real work OF
criminal prosecution began.
Ths committee dstsrmined on Saturday
afternoon 20 proceed immediately with an
invsstigntion Of the affairs OF tho Fillmore
street branch OF the California Safe Deposit
9n0 ANAnA COMPANY luNAIu the
arrest OF the ohicers for fsmbezzlsment
ThsreuDon Gustav Chsvauvus. accountant
Of the Fillmore street branch was ex-
amtned AZ considerable length and his
examination continued yesterday evening
The testimony OF Teller GIBBS OF the same
branch was taken and the committee
brousht 70 light a startling series OF reck-
less transactions which the attorneys brand
as nisdeus ssanors and embezzlement
Absorb All Cash An Branch.
Ascending 70 a statement issued in the
evening by the committee and the at
torneyu, the oficers Of the bank took prac-
tically all the money deposited at the Fill-
more street branch and loaned It TO stock
holders IN large sums, to themselves and
70 mythical companies.
IT was intended TO cause the arrest OF
officials for these acts but later in the day,
upon advice OF Francis J. Heney, the minor
charges were dropped for that OF felony
smbeHzlcment in connection with the mis-
appropriation Of funds OF the Colston
estate.
AS result OF the committees work j.
Daizeil Brown was arrested last night. a
warrant was issued for the arrest OF
walter J. Bartnett on a charge OF felony
embezziement. and a Pinkerton detective
was dispatched TO San Mateo to the home
of David r. Walker, president OF the bank
with instructions 70 stay there day and
night and to keep him under surveillance
until the committee gave him further in
EtruotiOna
His departure from there led to his sub
seauent capture and arrest at Santa
Barbara. W. ]. Bartnett was arrested at
his home in Marin county last night and
was held in custody there untn today
Brown. who was arrested earlier IN the
Day In this city was locked up IN jail
waIker Denies Charges.
SANTA BARBARA. Cal. Dec. s-Presi-
Asnt D. +. Walker OF the California De-
posit and Trust company. was arrested at
he Potter hotel by Policeman Ross al
u.20 today. Ross went to President
Walkers room and was refused admittsnce
b. Mrs. Walker. who said that her hus-
band was not IN to any one The omcer
lntsred. however and placed walker under
arrest Mrs. Walker tainted. Al the police
station. where President walker was taken.
be made the following statement:
This II great surprise 70 me. and I
cannot quite understand the sudden turn OF
lffdrs. am innocent OF any wrong doing
b this matter and came 70 Santa Barbara
some days ago upon the advice OF phYsi-
slams and attorneys. because the affairs OF
The hank we're weighing heavily upon,me.
''fo show the confidence had in the ln-
Jtitution ! viii say that I continued TO
make private deposits Up 70 two DAYS be-
lore the crash and ! left without a dollar
except what Is now on deposit I'm the bank.
{ have si3.ooo there and besides an a
heavy stakeholder in the institution
Eiu return 20 san Francisco as soon as
possible and may arrange 10 20 tonight"