The Glenwood post., 1914-06-13

lsA eaaisA sPea - 81 - ~ laA0uAes
q ~ iaAis1msn1.
Vas vihi.g - taks ss,pssaailisy fer
whnG tAe ss.st ai0ht js.Gly - IN ssa-
seieess Sar tAs AsfseAasG, - - ny
il N this ease. Lsaisasy u eisssA-
scriksA by ~ slassGs. A. ] Asvs
sPskea Ssr nssey Sssnssay uhss r.
feeAA.Gs Usss Pssr a.A fsisaAasaL
sse ne Fsasss s~s Why dhssA ~
- - assely b~esnss ~ AsfsaAa.s
here iapeeas " have ~ 0saS iaels-
saos cd Pswss.
"OWsa AAA0 eans - tAis $3.50 in
lees He Aas besn . Pswsr fer go
II uebsilAi.g Il ths staes. 81 - -
vstsA hinas6 te tAs AsvsasPasst II
big ssEssPsisas a.d ~ uRasiAi,g q
his eeAAnaitin. Az ths aatiea -
nAAe up sf 0aN eooan.itiss, - they
tAsivs saA Psslpsr, - tsss ~ .nkioa.
Every eatsspsiss in his esa0aaity
I'D his sanction A. far - ~ gov
ernnsst knows, his baAk was run with
strict honesty until two yesss before
ths Aeors were closed.
AAnns' hssde Of trsxbass arsss pein-
oipaIly from one trs.saetioa. He felt
that the two men who owend . ma
josity Of stock in the bAak wses =
detriment to the community.
"He thought it was necessary to get
rid Of them. To accomplish that cad
he did an unlawful act. Then hs oaue
upon evil day..
Securities, which he had counted
upon became worthless. He was final
ly caught in ~ machinery Of his own
crss4ion from which he could not res
cue himself and from which his frieads
could not ave him. He has doas the
honorable thing in coming iato this
court and pleading guilty, thus savi.s
the sovernment enormous expense Of =
trial.
Aftse Kelly had finished his recount
ing of the charges against the Grand
Valley philantAropist and had asked
that the court be lenieat, many men
around the counsel table wept. One
man sobbed audibly.
Thomas Ward Jr., formerly sskseed
the plea Of guilty for Adams.
Thomas O'Doanell thea addressed
the court s.d recited briefly ths ris-
tory Of the transactions which brought
shout the rui. Of Adams He tod Of
his bo.g scquaintAneeship WITH the
fi..ncier, bow his every effort wss for
the good Of The community in which
he lived, Of his various eaterpeisss
which did nsca 10 build up ths Grad
vslley.
"The fortune Of Ffs. Ada1s went
with tAe crasa," ODoanel said.
"Nothing was spered 10 save the blot
ON the Adams escutcheon.
O'Doe.sA saA Adams hsd Ave chill
dren, three daughters, 2e, IS and 10,
two soma 1s and 8.
O'Donnen was followed by straud
n. Logan Of Grand Junction, who was
attorney for the Mesa bank Logan
advanced in front Of the counsel table
and IL w1s several seconds before he
could control himself enough to sd-
dress the court.
"I ask the court" Logan began,
in . voice choked with emotion, "to
pardon any display of feeling might
make in this NATTER
"I went to the Grand valley five
years after Mr.. Adams twenty five
years ago, and with each year our re-
lations have grown stronger and
stronger. I was a struggling young
lawyer and Adams befriended me. He
gave me material assistance on many
occasions and finally made me attor-
ney for the bank, which position l
still held on the day the bank closed
its door.
"He built several large buildings in
Grand Junction, the Cannon block and
tho Electric building among them. He
built the electric plant, the gas plant,
tho iee plant snd was respocsible for
the construction Of the Orchard Mesa
irrigation project. They were all big
deals and all were placed ON paying
basis. He sold his interest in then
tans - aisA& tssp his hank % sotid
basis.
- L. s> -ak Al