The Birmingham age-herald., 1915-06-23
Former President Charged With Improperly Accept
 ing Deposits
ALL DEPOSITORS WILL
 MEET FRIDAY NIGHT
Will Consider Ways and Means of Co. Operating With A. E. Jackson and Associates in Reorganizing
 Institution

Asserting that he assumed his full meas ure of responsibility as president of the Jefferson County Savings bank. and as surfing his friends that there is nothing Tn the conduct of the bank that could re- fleet on his good faith or that of those who were connected with the bank. Eu- gene F Enslen. who was arrested yester- day morning on a charge of unlawfully receiving deposits, expressed confidence that his actions would be vindicated in the court of law when both sides of the question will be fully met. and that if would justify the confidence that the friends of the bank had placed in him. self and associates. He insists that the assets Of the bank are more than suf- ficient to pay the depositors and every creditor in full
 While the arrest of Mir Enslen was made yesterday morning, it had been ru- mored several days past that the grand Jury was investigating the closing of the Jenerson County bank, and that certain officials would be indicted The f1dict- ment against Mir. Enslen was placed in the hands of Deputy Sheriff Chris Harts- neid Tor execution. The bond was set at S25oo. which was promptly made with j. l.. Yancey and w. A. Enslen as sure- ties
 That the indictment of MT EnsIen at this time is unfortunate is the opinion of many of the depositors who have been cooperating with those who have been trying to reopen the bank and to this end a mass meeting of creditors has been called for Friday evening at the city haii armory for the purpose of devising a nd f,no ..f E. Jackson and associates, who have been Investigating the assets of the bank with a view of taking them over and of paying the creditors.
 Bond Made in Few Minutes
 The arrest of Mr. Enslen was effected yesterday morning about 10 o'clock It took but few minutes to make bond The witnesses named on the indictment are McLane Triton. W. T. Latnem, Webb Crawford, J. H. Barr R. NJ Jones. Lee Walker John Ingram, Jr., R. F. Epper- son, M. A Hines and J. D. Collins
 Solicitor Hugo l.. Black refused to com ment on the indictment which is as fol- lows:
 l. The grand jury of said county charges that before the finding of this in- dictment Eugene F. Ensen. being at the time, an officer to-wit: The president of the Jefferson County Savings bank an jn- corporated bank under the laws of Ala oama, received from Robert F. Epperson sSo' or permitted the same to be received, the said money being received as a deposit In the said Jefferson County Savings bank, and the said Eugene F. Enslen knowing or having good reason to believe that the said Jefferson County Savings bank was insolvent or in failing condition.
 2. The grand jnry of said county fur ther charges that before the finding of this in0ipQn1a,,f Et1pa at the time an officer. to-wit: The presi- dent of the Jefferson County Savings bank, an incorporated bank under the laws Of Alabama received from Jefferson Davis Collins $69. 6l or permitted the same to be received, the said money being re- ceived as deposit in the said Jefferson county Savlngs bank, and the said Eu- gene f Enslen Knowing. or having good reason to believe. that the said Jefferson County Savings bank was insolvent or in failing condition, against the peace and dignity of the state of Alabama
 HUGO L. BLACK, Solicitor"
 Walker Declines to Comment
 State Superintendent of Banks Alex M Walker declined yesterday afternoon to make any statement regarding develop ments in the affairs of the bank Mir walker stated he would be in Birmingham until Thursday and probably all week.
 MT. Walker was asked whether or not the arrest of MT. Enslen would have any erect on the reorganization plans of the bank, but asked that he be not quoted Tn any way. referring the reporter to the statement of Mir Jackson in this re- gard. MT. Walker said that if he were to make any statement one side or the other would attribute to him Improper mo- tives and therefore he wished to say noth- ing whatever about the charges against MT. Enslen.
 The savings depositors of the bank yesterday after the news of Mr. Enslen's arrest for a time considered seriously the calling of an indignation meeting, it is reported, to make serious protest But after consideration it was decided that the wiser course to pursue would be to hold booster meeting and lend all en- couragement possible to Mir Jackson and his associates in their reorganization plans. For this purpose. it is said, the meeting of the commercial and savings depositors of the bank has been called for Friday night at the city hall armory
 General opinion among business and in- dustrial men yesterday. afternoon. all though not expressed publicly, seemed to be that the charges against MT. EnsIen were largely technical and would cause him no serious trouble.
 Statement From Enslen
 The following statement was made yes- terday by MT. Enslen:
 'I wish to assume my full measure of