The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1921-11-18
Roosevelt County Loses $71Ut00 IN Bank FailuIe


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arge of Publishing False State !.
% Get Bonds By Judge Olson.
< AND FOLLOW FASTER
Chester Beiseker, cashier of the de-
funct Sheridan County State Bank,
which institution failed eleven months
ago today, under very suspicious cir
| cumstances, and which banks has not
vet been opened by T. L. Beiseker as
! agreed, in several signed agreements
! and who was arrested and was In
the Sheridan county jail last summer
about two weeks in default OF bonds
on several charges growing out OF al.
legged irregularities in the conduct OF
| that institution, and who was later
released r,sl. ed on bail pending trial in the
district court on the charges pre-
ferred against him on mformations
| filed, was again arrested Wednesday
! evening on further charges IN con-
|nection with the management OF the
same bank by Sheriff Oscar Collins,
on information signed by Martin
Norager Of the Outlook precinct,
charpinp Chester Beiseker with pub
4 1ishifr False Statement Of the
Financial Conditions Of the Sheridan
!. County State Bank last December IN
the Plentywood Herald" The maxi
mum penalty provided by law for
, crime Of this kind is five years IN the
nen6tentiary and the mmimum tWo'
) years in the penitentaaly:
IL The Information was filed IN the
{ court of Justice Of the Peace Z. s.
/ Olsen and Judge Olson allowed MI.
i Beiseker 48 hours to get bonds III the
: sum Of $250O.
8 ARRESTED AGAIN WEDNESDAY
e JUD WATKINS INVOLVED,
Wednesday morning, Eeiseker was
e again arrested on an information
e signed by and an. on
g warrant issued out OF judge olson
!; court, charging Beiseker with Lar
1 cency Of, $500 and Giving it to J. u.
e Matkins.." Mr.. Matkins IS County
u Commissioner of Sheridan county;
e The penalty for a felony OF TINS K11a INC
Ie is as high as fourteen years In Tie
G SEED GRAIN RELIEF
rs The second charge grew out OF the
handling Of the last seek grain re-
o. lief proposition, when the county
s aI bonded in the spring Of 1920 to fur-
NJ nish seed grain to those who were too
IA poor to buy the same and did not not
od have it. This seed grain bonding
od venture was banker-inspired un-
w. dertaking to get seed grain for Gil
'ut ents whom they were unable to mn NJ
nng ance further, at the expense OF IN
'lae rest Of the taxpayers, The people
the villages put the issue over !; Y
:, the. ceuntry voted it down. AS scc
ne as the bond were authorized, it L
SD III II fhon PNl1nfy
A.treasurer, and Chester Bel ker
Z aformed seed grain dealing coml any
lunder the name of Movius & Beiseke1
land bought up the seed grain .ane
IsDh it to the county at fabulous
/ prices, the company using the county
ri money furnished by County Treasures
'Yal Movius for the purpose of financing
i Il the seed buying, and it seems that
at divers times, the firm paid JUG
IL Matkins and Jake, Timnons various
M sums from five hundred up to thous
-. and or fourteen hundred dollars OF
- claims That are vague and uncertain
and the records are said to disclose
that Jake Timmons made, on the
same days, deposits in the same
amount in the favor Of his wife, Mrs
dad Timmons. The company is alleged
to have made tidy sum at the ex
I DC11SO VI LllC Vc1APdyCIS, VI WA1Nl
SIX more will probably come to light lat
~ er.
ar FIND FLAW IN INFORMATION
OF on Gnstad & Greer, the local collec
III: III ton attorneys. who are handling af
l lnA fairs for Mr.. Beiseker, appeared be
YES YES fore Judge Olsen and immediately
'ei ei moved for the dismissal of the infor
"A nation on the grounds that the in
81 ! formation on the grounds that the In
Jan formation alleged the crime to have
az az been committed in 1921, instead Of
nei 1920, being a clerical error. Judge
Olson called up Attorney Vollum who
at once appeared in court and askeC
for time to amend the complaint
act lwhereupon Judge Olson turned the
a prisoner loose until the infor-
his nation was amended, allowing ter
CHI days to amend. This turns Of events
ore pleased Attorney Greer immensely
has and be looked very wise, but the
lrt, smile froze suddenly when Attorney
fer VoAuin pulled another document out
for Iof his pocket which he announced was
Wis another information.
ter BETSEKER ARRESTED AGAIN
md Mr. Beiseker sank into his chair
1ty ard Mr.. Greer protested that his
a client. was being prosecuted beyond
noti endurance. Mr.. sVollum announced
WIS that he would swear to the new COM
lge pla1nt which contained about forty
rlff pages and looked ominous enough, in
to deed. Mr.. Greer, suffering, insisted
that the oath should be properly put
nd to Ar. Vollum, and that gentleman
1er1 putting up his right hand, swore the
onsf most binding oath that opposing
ely counsel could insist upon, and the in
formation was filed and a warrant is
tol sued, charging Chester Beiseker with
IN the crime Of Receiving on Deposit
led in the Sheridan County State Bank
$25, 600 of County Money, when the
Bank was Insolvent" The penalty,
pei
Continued on Page Five)