The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1912-12-02
E:X-C()NVlCT
RE7RAYS
FRIENDS
MADE HIM PRESIDENT OF
BANK; HE is NOW SHORT
5000

clinton. Mo, Dec. Friends Of
John ogden, the Deepwater Mo,
bank president and political and
church worker, now in jail awaiting
trial ON charge Of forgery, knew he
was an ex-conyiet They were willing
10 give him chance and to give him
financial and moral aid Thav made
him president of the Farmers bank
of Deegwater. Not a bad achievement
for a man who had discarded prison
stripes six years before after serving
a th-eegear sentence for theft.
ogden took a chance to the eXtont
Of SS5,oo0. with the aid given by his
friends. Several business associates
have not fully recovered from the
shock Of realizing they invested in a
!. Rurus Waldngford scheme
The men who lent ogden money on
securities which they say either are
forged or worthless, are in a Quand-
airy as ID where the money went Og-
den led the model life OF country
banker. He never drank smoked nor
stayed out late nights. Ills word was
accepted without question in the Ger
man settlement at DeepWater and by
his business associates in Henry coun-
t. John Deyine young farmer near
Doepwater. lent Ogden S1,501 on an
unsecured note. Deyine said ogden
told him he wanted it to buy farm
and that he would take Deyine in as
partner An administrator of the
Gross estate SAYS he lent ogden $500
ON notes.
Everything Ogden touched at Deep
wafer seemed to turn to money f. a.
Graceg. justice Of the peace before
whom ogden was arraigned said:
They all seemed eager to join with
him in deals, expecting quick profits
1t seemed they believed he was a mir
ac!a, and guess he vast looks like
it,"
John A. Gilbreath a wealthy attor-
ney here. lent ogden $4,500 recently.
He took as security $4,000 worth of
stock in Ogden's bank Gnbreath says
every share Of the stock was forged
and is worthless. The Peoples Ma
tiona bank here, which lent ogden
$1,000 on bank stock and notes, says
they have examined their securities
and that their loan is amply covered.
Nothing has been heard by the offi-
cials here from the Kansas City bank
and commission firms that are report
ed to have lost several thousand dol
lars in Ogden's deals. But reports
are continually reaching Clinton FROM
Deepwater OF persons who lent the
financial wizzard" money
ogden took an active interest in
he Republican politics OF the coun-
ty The records show his citizenship
was restored to him by Governor Had
ley in 1910.
An Active Politician
After the Chicago convention Og-
den became active in the Progressive
party and was chosen county chair
man Of the party. Even his political
enemies feared to use The bankers
| former record as an asset because of
his popularity wherever he was known
To all entreaties to talk, ogden
maintains a sulen silence. He lies in
half stupor IN his cell and his only
response to questions is a grunt Hi,
bond on. charge of forging the name
Of W. p, Bradley to a 5000 note was
fixed at.s5o0. No one has offered 10
furnish it snd ogden has made no r..
quest for In attorney. Justice Gracey.
who fixed the amount of the bond,
says he viii increase it if any effort
is mad9 to gain the bankers release.
The Farmers bank Of Deepwater, Of
which ogden was president, is closed
and is j. charge OF R. W. Hawkins.
state bank examiner The stockholm
ers say ogden has not injured the
bank except by $500 overdraft,
partly covered by securities, and that
theb ank will reopen Monday. Mr..
Hawkins said he had not finished TIE
examination and refused to discuss
the condition OF the banks affairs.