The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-11
He Brought $4,000 Which He
Turned Over to Wilson.
Big SaIina Failure Discussed
Behind Closed Doors.
WILSON MAKES A STATEMENT
He Believes Losses VIII Be
Smaller Than Estimated.
BrOeker BIames Hopkins for
Inability To Pay.

Felix Broeker-in the spotlight of
the Kansas State bank failure at Sa-
iina-gave unexpected color to the
meeting of the executive committee
Of the Kansas State Bankers associa-
ton today when he walked into the
office Of Walter E. Wilson. state bank
commissioner, and laid down $4,000.
The money is to be used to meet
deficits of the bank Members Of the
committee voted in executive session
not to hear Broeker.
Committee members came to To-
peka today to go into the details Of
the Slliua bank trouble. Practically
every member Of the committee is at
tending the meeting which is being
held behind closed doors. Liabilities
and assets of the defunct bank ana
the state bank guaranty fund are be
ing discussed in detail. Governor Al
len and r. ]. Hopkins. attorney gem
cral. were invited to attend the con-
ference. Col Fred Fitzpatrick, re-
cefver OF the Salina hank, called at
the state department during the con-
ference but did not participate in the
discussion.
Wilson Before Committee.
Walter e. Wilson. state bank COM
missioner.
during the afternoon session. He dis
cussed the Salina situation in detail.
Every phase Of the Salina situation
is clear and clean cut from legal
standpoint" Wllson said just before
he went to the conference nave
kept every detail before r. ]. Hop
lSins the attorney general, since the
dav he entered office. He has had
the counsel and advice of John Hunt
former assistant attorney general, VINO
knows every phase of the situation
Commissioner Wilson stated that IN
his~tudgment the losses of the SAUNA
institution would be far below esti-
mates.
an asscssn1e ent must be levied against
the guaranty fund" said the commits
sioner. but It will doubtless be much
less than the 100000 or $25O'OOO
estimated. Receiver Fitzpatrick. VINO
returned today from Nebraska, has
found Lefferd ink's land to be worth
much more than originally estimated.
II we are successful in realizing on
cnuities in various properties the less
will not be nearly as large as original
" estimated
Make Changes in Law.
AS a result of today's conference, It
is probable that strong efforts will be
made to induce the next legislature to
act Bankers whose institutions are
protected by the fund. will doubtless
ask that provision be made for ap-
pointment of a committee OF such
bankers to act with the state commls-
sioner and receiver in adjusting affairs
of q guaranteed bank when its doors
are closed No such committee is 70
be asked fcf the Salina bank. 1t was
stated.
There was doubt in the minds of
committee members as to the course
which would be taken in asking either
Hopkins to talk IT the afternoon ses-
sion. Several bankers opposed a dis
cussion by these officials.
George w. Hanna, of Clay Center.
president of the State Bankers as
sociation. asserted this afternoon that
the main purpose OF todays $ meeting
was to get to the bottom of the Salina
trouble He said the executive COM
mittee has previously discussed the
trouble with Commissioner Wilson.
but that no meetings have been held
since the first of the year.
Trouble Inherited.
THE trouble at Salina was inherited
from the Benson administration said
Hanna "Thruout last year Com
missioner Wilson advised with the COM
mittee as to the condition of the bank
During the legislative session 1t was
impossible to hold a meeting and this
is the first conference since the first
of the year"
Immediately following the opening
OF todays conference the committee
went into executive session. 1t was a
popular move. The committee not
only went into executive session-it
stayed there
In the meantime Broeker sat in the
bank commissioners office awaiting a
call before the committee. He did not
request a hearing, but said he would
talk II invited to make a statement
Committee members, however, voted
not to hear him.
That the shortages of the Salina
bank would have been protected ex-
cept for the action OF Attorney Gen.
eral Hopkins. was the text of a state
ment made by Broeker while in To-
peka today. Broeker was arrested
while in Kansas City. where he had
been invited to attend a conference
with state officials.
Prepared to Pay 100000.
MY attorney was due in Kansas
City Sunday and arrived at that time.
said Broeker. However, Mr.. Hopkins
wired me and called me over the lonG
distance telephone and urged me to
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