The daily sentinel., 1912-12-23
HILL AND iMBODEh ''.'
PROMISE To REPAY
ALL TO DEPOSIIORS
Sentinel Special Service.

I Sentinel Special Service.
Denver, Dec. 23-After serving
five years in the Colorado penitenu-
AIRY charged with having caused the
failure of the Denver Savings bank
and the loss to dep0sitors OF nearly
100000, Leonard lmboden and Jas.
Hill now declare they are back in
Denver for the purpose of reimburs-
ing those who lost by the failure of
the bank. Both lmbOden and Hill
are sanguine that deposltors will not
lose cent by the closing of the
bank and that they new have plans
under way by which money for this
liquidation is forthcoming.
Before their conviction and prior
to being sent to the peni;entiary,
Imbodon and Hill declared that 9TH
srs connected with the bank were
It the bottom OF the troubles and
were equally responsible for the fail
uie Of the institution.
Tney now claim that action soon
to be brought will clearly demon
strate that their contention was
right.
A suit is being brought against
Guy Leroy SteVick. who was named
receiver of the defunct bank. for
the return of 100000 which sum
it is claimed was wilfully wasted be-
tween August. 1905. and January
1906. James Hill and William Barth
who was one of the heaviest stock
holders in the defunct bank, and q
wealthy citizen q Denver, have
been granted right 10 withdraw ;ho
bond Of Stcyick from the district
court in order that suit may be in
stitute1 thereon in behalf of the
creditors and stockholders of the fail
ed bank Soon after the incarcera-
tion of imboden and Hill, Stevick
LETT, and IL is believed he Is some
where in California. Search is to be
made fer him at once SO that he
may be served with papers in the
suit just filed in the district court.
Hill and Barth will ask that ali the
accounts Ct Stevick, as receiver for
the bank, be gone over and his acts
while receiver he declared unlawful
trespaGs
Not only is Receiver steyicl to be !
prosecuted, but many prominent at
torneys in Denver who also had
dealings with the rcCeivership. will
be asked for an accounting of the
funds OF the defunct bank. Charges
Of fraud and conspiracy are alleged
against these parties. liill and Inn
bcden are being financially aided
by Mr. Barth. who is a millionaire,
and believes that these two men
have been wrongfully accused OF
causing the failure of the bank.
Besides Stevick, others who are
made defendants in the suit. are
Judge John |. Mullins, Attorney Thos
j. O'Donnell. who was democratic
candidate at the late primaries for
the United States senatorship: Il. II.
Park, Thomas harrington and Jas.
Banfs, Imboden declares thai this
suit VIII unfold q judicial and finan-
cial scandal
Previous statements made by Im-
hoden and Hin that they intended TO
eventually pay back all dcpositors,
I were not taken generally with seri-
business, but now the situation is
changed and the public believes that
lmboden and llill will do what they
say regarding the payment of all
claims against the defunCt bank.
In the suit charges are made that
secret meetings of lawyers and
judges were held in which a scheme
was Matched to throw the bank into
the hands of a receiver, grab huge
fees from the court and to admins
ter its assets in way that would
benefit only the inside rings. Ii is
also charged that Banks, although
attorney for the bank was a party
TO the scheme. 'l.
The Denver Savings bank went in-
to the hands of receiver Aug 49,,
1905. Then followed the arrest of
lmboden and Hill and their conyic-
tion