Watertown leader. [volume] (Watertown, Jefferson County, Wis.) 1909-1911, 1909-10-22
ALLEN IS IN jail.
LACKS 100000 Bail
VICE PRESIDENT OF WRECKED
MINERAL POINT BANK WON'T
SEEK FRIENDS AID.
PRELIMINARY HEARING PUT OFF.
Adjournment VIII Continue Until United
States District Attorney Can Get to
Case of Accused Banker.
PRISONER MAKES A STATEMENT

MADISON. Wis. Oct. Co Special I
The preliminary hearing of Phillip AL
len, Jr.. vice president of the wrecked
First National Bank of Mineral Point,
Wis. on the charge of embezzling $685.
600 of the banks funds, was this morn
Ing continued by United States Court
commissioner Blake to October 81, and
1t was agreed that another postponement
Will be made if District Attorney Gordon
or Assistant District Attorney Morgan
have not finished with the regular calen-
dar hearings at La Crosse.
Bail was fixed at $50, 600, although AL
lens attorney, Nroman Mason, district
attorney of Dane county, said that if the
bail was fixed at $4,000 his client might
be able to secure t.
An attempt was made to get word to
District Attorney Gordon at La Crosse
by telephone. but failing To reach him,
Commissioner Blake, after a conference
with the parties concerned, decided that
the bond of 100000 would be more com
mensurate with the alleged embezze-
ment.
Fails to Get Bail
Failing to furnish this, it was ordered
that Allen remain in the custody Of
Deputy United States Marshal Kelly.
Attorney Mason declared there was
no necessity for keeping Allen in Jail,
but as Deputy Kelly must return to La
Crosse, it was ordered that Allen be re
manded to the Dane county jail
Allen stated he had friends in Mineral
Point who probably would go on his
bond but he did not care to ask them
When arraigned and asked by the COM
missioner what plea he wished to enter
Allen said: II confessed as to certain
facts and will stand by my confession"
Seems in Good Health.
If Allen has been seriously i'll he did
not show any signs of it. He talked will
ingly and EXPRESSED surprise at the
growth of Madison since his last visit.
Allen frankly stated that he would
not commit suicide, as his brother-in-
law, Frank Hanscome, the cashier of
the bank, did, and said that he did not
forge any notes or plumber any estates
He said that he made money on every
deal he engineered and that he turned
over to the bank securities of the value
of $250,OO0. which would more than
cover the alleged shortage.
No Indictment Returned
LA CROSSE, Wis, Oct. 2O-[Spe-
indictment has been returned against
Phil Allen, Jr., vice president of the
First National bank of Mineral Point,
by the grand jury in session here
The impression prevails that after the
Indictment is returned Allen will be
brought here before Judge Sanborn for
hearing.
Two Funerals Are Held
MINERAL POINT, Wis, Oct. 20
The funerals of Frank E. Hanscom,
cashier of the First National bank, who
committed suicide Sunday night, and
that of his mother-in-law, Mrs. John
Gray, who was killed by the shock of
Hanscom's death, took place this after
noon. Hanscom was buried in Graceland
cemetery by the side of his father and
his mother, between whose graves he
fired the shot that ended his life.
Sacramento Bank Closes.
SACRAMENTO, Cal, Oct. 20.-The
Nippon Bank of Sacramento voluntarily
closed its doors today and notified State
Bank Commissioner Anderson of its sus-
pension. This is the second japanese
bank in this city to close within a week.
Predict Bankers Death.
OXFORD. Mich. Oct 2O-The belief
here is that NJ. Lee Hagle, the missing
village treasurer and banker, probably
never will be brought back to his home
town alive Those who make these con-
lectures do so on the assumption that
worry may drive him to the point of dis
traction where he will end his life. After
a more thorough investigation it is
learned that Hagle's liabilities amount
to approximately $4,000.
Town Forgeries Charged
BIRMINGHAM, Mass, Oct. 20
Propped up on pillows in his bed at his
home here. Town Treasurer John B.
Lombard pleaded not guilty to a charge
of forging two instruments purporting
to be notes of the town, amounting to
$4,000, and waving the reading of the
was held in $4,000 bonds for
the superior court. His wife and Ber-
nard F. Merriam. a fellow townsman,
furnished the securities. That the for
geries aggregate $325.00O was the state
ment of a leading town official.