Omaha daily bee., 1916-09-04
MULLEN ASKED Big
FEE FOR A CHARTER
Albert s. White Says He Was
Recommended to Employ
the Able Democrat.
STORY or A BANK DEAL

STORY OF A BANK DEAL
Another chapter in the story OF how
Ar.h,r n M,,is, nrs,a;l.d mo, Gov,
iu ~
erhor Mofehead ana tne State BANK
ing board to revive the charter OF the
liouidated man-American State
banl of Omaha and hermit ,be nm.
80
ela''oh Vi new paiN "hoei .he o'o
charter is told BY Albert ). White
secretary OF the organization commit,
tee of tho Central State b,nl q,
o,sa 80 f..~sa -
onia'ia, WHICH was 'e'useu . e"ai'e'
Mr.. White says that he was recon-
mended to employ Arthur +. Mullen
as his attorney, because OF Mr.. Mul,
lens influence with the governor and
the banking board, Also. that Mr.
Mullen asked fee OF $2,S0O tor his
services in extracting charter for the
proposed bank from the reluctant
board.
Mr. Whites Own vers;on
Nh
But here IS Mr.. Whites version OF
the transaction;
Omaha, Neb. Sept. lilo the
Editor OF The Bee Returning to
Omaha, alter brief absence from the
state, my attention has been called to
an article BY Governor John II. More
head, which appeared recently IN
various daily papers, IN which he asks
the writer to name who It was who
suggested TO us that We employ
Arthur Mullen to procure q charter
tor the central State bank II Gov-
ernor Morehead wants this 'ntorma-
ton made public, | will 40 80. The
party IN question was an Omaha at
torney, recently appointed to office
the time we were nr,nar;ng 10 annly
for charter. this attorney sailed at
our oiliee' witnout soIicilatlon @ on our
he H. newt daw and I'M ss h was closs
to The governor and IAttorne !, Genera
Reed he wn,id f;nd out hs.y tbess
gsntlsreS s,aod ah,rt ;.s,,;no oTr
ch.rte, 0n b;s re,urn f,nr, ;n.o,,,
he aoa;n caj,ed AZ ar off;cs7 and /,
formed ,,s that Morshsad s,d Pssd
Were o,nosed ~ ;ss,,;ng ehsr,sr hr,
hat ;f we would sn,niey Aysbrr Nil
in tbs deal could h };xsd7 A. HE
ren,sst NE went toss,hsr i. Ar,hm,
Mailsn's cff;cs "a sf.sr sana ars
I;r;r,Yv d;serss;nn Males s.;d i.
would nndertaLs 10 h.ndls oar ,n,ttsr
Co. % sfn ! taid h;,,, ths /, ,s,,a,nt ~ ,,s :
10 i.res ana ,h,t ar nsnnis vo,,IJ
MT nav Il F;naiIv he sa;d h would
take S3o1) and not ! doilsr iess AZ
I'VE feJt 10th of thsse amounts srt;rsiv
sxcsss;us and rnrsssanahis ,vs d,on.
"a imrthsr nsgot;at;nrs ;th NJ
I Mullen s' w. 80 80
WI. u S56t5.
Mullen Employed Here.
"a l;t,le Iater tbe cornerc;,,
80 ~, .,sa, s'1., -
''dte odi'h elowu' whieii was also Or
ganizlng here, employed Mr., Mullen
to get its charter, with the result that
the banking board, consisting OF Gov
ernor Morehead, Attorney General
Reed and Auditor Smith, without
authority of law. pretended to revive
the charter OF the German-American
State bank, bank which had been
fully liquldated over a year before,
and the stockholders all paid back
their money. Fred X. Baker, the
president, paid every stockholder his
pro-rata claim IN the guarantee fund
OF SS0Oo Baker thereby became the
only individual (other than the state),
having any clam whatever IN the
guarantee fund or to the banks
charter Baker employed Mr.: Mullen
to secure the return OF the $S,00o IN
the guarantee fund. When Mr.. Null
len had the old charter revived. he ap-
parently earned two tees, one for get
ting the commercial bank charter,
the other tro1l on Baker tor getting him
back the SS,0UO. In Justification OF its
action in this matter, the banking
board has since issued a statement
that under the law, the board could
have pursued no other course. The