Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-01-03
LANCER Wauop, State
Bank Examiner tofthu,
ID Speech At M'ville
On Friday Evening
J, Tcontinued From Pax, ~

On Friday Evening
rTcontinued From Page Il,
Observation-Disclosures bank of Fargo
WIS ,inso2vent and the doors Of the
institution should be immediately
closed, That was the only wayS they
said, in which the public and the
stockholders could be protected. The
reports showed that ToWnley's corpor-
atoms had bled the bank white and
retaEySof State Hall and myself. over
tho ohjectiop.o OF GoyernorS Frazier,
closedsthe bank and PIE. Halldorson
was appointed as receiver OF the bank,
under bond Of 500, OO0.>Mr. Lofthus
at that time was in Florida. He hurt
ried1 back and although his own depu-
ties. MI. Halldorson and Mr.. Enge-
moen. had made the report showing,
as I have said. that the bank was
been fagrantly and repeatedly vio-
lated, yet Mr.. Lofthus, as state bank
examiner, Immediately sued Mr..
Hall. Mr.. Sheets, Mr.. Halldorson and
myself in the supreme court Of this
state, and, although Mr.. Halldorson
had been under a 500, 900 bond and
everything that possibly could be
uOAie Wde OeAn6 0one " ptOtecI tAc
NEUTRALITY-SUSPICIOUS. and the guar
tanty fund Of North Dakota, yet the
supreme court of this state, by the
votes OF Justices Grace, Bronson and
Robinson, against Chief Justice Chris
Hanson and Judge Birdzell, held that
the law which gave the banking board
az such power to take care of q bank
had been Buperseded and that that
power was lodged in o. E. Lofthus,
o~Af nklU Il ~Pkh ,p0' <n4ls nh H0o q. .L'
Papers Demanded.
NOW at h time this cast was
pending before the supreme court of
this state, andfthcy without. notice of
any kind to me as attorney general,
or to Mr.. Halhorson or anyone else,
removed us from the Scandinavian
American bank and placed Mr.. Loft
hus in charge. Now before that had
happened Assistant Attorney General
in possession of certain correspond
ences correspondence which I, under
oath,S stated in my petition for modi-
fication of the order of the supreme
! court. had absolutely nothing to do
with the assets and could in no pos
sible manner interfere with. the
plaintiffs civil rights.
Officers Arrested.
You will note that II. J. Hagen and
P. r. Sherman, president and cashier
Of the bank, had been arrested
charged with a felony. And that I,
under oath, said that it wass my belief
that without these documents and
letters a conviction would be very
difficult, If not impossible to secure.
THE majority of the supreme
court, consisting of Judges Grace,
Robinson and Bronson, denied nv pc.
tition with the result that I had to
return the letters and documents ia
the mar in charge of the bank, o. E.
Lofthus.
The P~hotoxraphs
During the time / was states at.
torney Of Morton county and since ]
have been attorney general, have
learned one or two things about the
proper. method of dealing with Grim
inais.s When you run across a man
who cannot look you in the eve, who
tells you that all the bankers and
business men in North Dakota are
crooks, that Debs would be a great
man for president, and that Kate
O'Hare would be q splendid vice
president, that every lazy, shiftless
vagabond should be given q livelihood
by the government. even though they
only work two or three hours a day
| that the farmers of North Dakota
don't know enough to run their own
state affairs and that they have ia
! that ,hsv Garnet he tr,,s+sd - ,. NV
! their own afairs. whar Man talLs
ito me- that waysJ~ ,ook hin ever and
don,t ,eave any nonnax iv;ns aro,;nd
loose ( So + dectdad tn otner M oil
these letters tr docmmants hefore /
returned them, Relieve me those
| nictures created a lot of +ro,,h1e 81,
I.ofthua Hagen Sherman Tim Mana.
han and the rest IF hte lunch
SCATTER T. rot tho ,atters and doc,,
ments hack from tha nhotorra mar ,
returned then, tn Asst Attnrnay Gen'
eraI sheets who IN tnrn had ~. sta.
n~orranl3er take then, hact tn ~
observation-disclosures hanI +ba, ~
charge ~ n = Tofth,s hv ordar ~
. ma ioritv or tho tsunrama oar,t
Now Won will ha ;n+a,este Cd RI Lnnu
INST vhat lind ~ hanE an.re
have in North Dakotai and nn nne o.,
ta1i vo,, hettar 49, a. 49,. ene "a.
T am harewith siv;ns nan h;s +ast;'
n,onv given 1naar oatb IN +ba c.sa -,
North sI,a Lo+a ,,arsHs IT GIaa51u'
nra.;dant ~ +ha hJnrnn ~
1Here Mr. Tanrar raod Mr. 1or+h,.
tastinrnnv show;nr that 10 ma ~" NJ
Haeen and .othar oaioers ~ ~ ~,
have free accasa IT, tha ;nnr;nat,at;ns
docnments and bad IN fac+ naid ns
narticmIar %.ttant;nn ~ +han ,pS'" ns
'-- '1 '
Given to Accused. -.
Glat fssastans .Adorney GeneraI,