The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-20
Search Made for Lawyer Frank
v. KingtOn, Whom Superin.
tendent Wants to Interview
BOOKS ARE PUZZLE
FOR ACCOUNTANTS
Baron Won MeyerinCk's Name Is
Cleared of Any Suspicion
of WrongdOing
HASSHAGEN FAMILY
is HEAVIEST SUFFERER

Alden Anderson. superintendent OF
banks. ordered yesterday that a sub
pena be issued for Frank V. Kington.
legal representative and director OF
the Union state and the State saw
ings and commercial bank Kington.
who was among the trio in active con-
troll of the two institutions. has not
been seen in the city since Saturday.
when the crash came. AT his offices it
is said that he is away on a hunting
trip. Anderson is desIrous Of question
ing him in regard to certain involved
and doubtful transactions. After
waiting three days for Kington to ap-
pear. he gave instructions that a sub
pena should be issued forthwith King
ton was formerly in the Of1ce Of George
d. Collins and escorted the crafty at
torney across the bay IN a launch
when Collins fed the state TO Canada.
Anderson's efforts TO clear up the
tangIe which the two banks presented
brought him face TO face yesterday
with new and deeper maze Of hnan-
cial ehicanery The minute book, which
W. G. Hays. the ousted cashier de-
clared would elueidate matters. was
produced yesterday by that official.
but it proved puzzle that baffed the
most accOmpliSba6 ~ avDa~+s
Ramifications of Scandal
The ramihcations Of the scandal ex-
tended up the state yesterday. when it
was revealed that business men OF
Sacramento and Davis were stock
holders in the wrecked Union state
bank They have been dissenters from
the policy of the management and. like
the depositors. are unfortunate vic
Tins.
Herbert Won Meyerincl, son Of Baron
William Won Meyerinck. who took his
life last Friday. visited Anderson yes
terday and expressed the belief that
if his father had been in any way in
volved. it was through the operations
of his associates. Young Won Meyer
inck spurned the protestations OF SYM
pathy offered by Hays. refusing to
enter into discussion of the banks af-
fairs with any of its officials.
Although the investigation has not
positively disclosed who will suffer the
heaviest losses. it is stated that the
Hasshagen family. with an investment
of -125.OOO. is the most deeply inter-
ested
InexpIicabIe MuddIe
1t is believed that the inability to
get closer to the real workings of the
two associated banks is due not TO any
lack of endeavor on the part OF the
bank examiners. but solely to the mex
plicable muddIe in which the institu-
tions are found In fact. At is yet i'm
possible for the superintendent to dis
cover which bank is which. as the
bankers-W. c. Hays. T. A Beehtel and
c. T Hasshagen-seemed Indifferent to
the rigid rules of book keeping usually
required of a bank and conducted their
business. hguratively. with the indis-
elimination Of scoop shovel. drawing
funds on the account of one bank and
showing them carelessIy into the other.
Herbert Won Meyerinck. after a long
conference with Anderson. declared
that Anderson had exonerated his faith
ers name from any suspicion of guilt
in connection with the $500 discrepancy
found on the books OF the bank. That
item. the young man said. was fully ex-
planned by note for s5Oe found yester-
day in the bank The note was given
by Won Meyerinck. but interest for sew
eral months had not been paid
That there has been crooked work in
the institution the lad stated he had
been told He repeated a prediction
made that some one would be in the
penitentiary before the liquidation pro-
ceedings were over.
Working on the Books
Anderson would not go so far as that
in discussing the case yesterday
There is nothing to be said at this
stage of the investigation" he stated
I'VE are working on the books. They
are terribly muddled. I have called in
A. wenzeIberger to aid in the exam
nation
Wenzelberger is an expert accountant.
S. P. Young. state bank examiner. said
that the 81 900 item considered Sunday
to represent discrepancy had been
practically traced down and he thought