The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-02-12

mcnts and records IN regard 90
the transaction between John RE-
Told and the bank commissioner,
mentioned above, have been re-
ported to you In detail AMI you
have had the opportunity to sup
plcucnt this Information with
other testimony. IL IN sufficient
nt this time to remind YOU that this
transaction was tlpC one wherein
lrCd q, Dennis, bank commission.
or of Oklahoma, examined the
Guaranty state hank of DkmulgCC
On september %, 1920 and al
though. rs shown before, this bank
was insolNcnt, the record In his Of
flee an dthc files of tbs bank con.
tain no criticisms OF importance,
and committee from the state
legislature reported that the $780,
600 deposited by the state treas
urcr at that time was brought by
the said Fred g.. Dennis To the
Guaranty State bank. Your own
Investigation will disclose whether
they were correct or In error.
"At the time OF that eNamiua-
ton, the Guaranty state bank Is
sued cashiers cheek To John
Rchold for $4,000 and on the next
day, September ~, 1920, Fred G..
Dennis delivered this cashiers
check, bearing the Endorsement
or John RcbOld, and placed the
same In the wilkins Hale state
bank of Oklahoma city, rccciv-
ing therefor three cashiers checks
Issued by the wilkins Hale state
bank payable TO Fred G.. Dennis.
Two of the checks were for xs,-
a a. "A a.
3S3.3i, making nu aggregate of
s25, 900 All Of thCrc checks ls-
sued by the Wilkins Hale State
bank bear the bhdorsvmcnt of
Fred G.. Dennis. Two of them
were ca he'd at the wilkins Hale
state bank In October, aud the
other one was placed In the First
state bank, Nlnita, oklahoma, and
ly them collected from the Mill,in
Hale state bank through the Ii-
deity National Bank and Trust
company of Kansas CITY, Missouri.
"Thc report of the Legislative
committee states that Governor
y. u. a. Robertson received the
benefit of the check placed in the
Nlnita hank, but 50 far I have not
examined the records OF TINT bank
To ascertain for who benefit the
bank took the check. You are
aware that Dennis and Rchold
stated that the S2J 900 was given
for u lease which Dcunis owned.
IL II also stated by the Legislative
committee that this lcase was 100
acres and worth one dollar per
nCrc. The correctness of these
statements l have not attempted
10 verify, as you can better get
the facts for yourselves than I
could for you.
In this connection, when John Re.
bold gave his check to the Guaranty
state bank in payment OF the s25,.
600 cashiers check above men.
toned, his account was insufficien,
to pay same, but on September 30
1920, an employe OF John RebolC
signed notes payable to the bank foi
q sum aggregating $4,000, which
notes were placed in the assets oi
the bank and the proceeds used e
make good the deficiency on the Re
bold check.
AT the time the Bank OF Com
merCe took over the Guaranty Stat'
banks assets, there remained OF
these notes $4,000 unpaid, and the!
remain unpaid today.
AluOuHH ttIlull ItNOIuE III re
gard to this transaction are missinl
from the bank, the facts above cai
be clearly established.
Many Things TO Investigate.
THE expense account OF the Guar
anty State bank contains many item
which II would perhaps be well 10
you to examine some OF the officer
or directors under oath and asceI
tain why a director should be pal
for loss on a lease and why direc
tors should be pad a premium and o
what. The records also show con
tribution of $500 during the yea
1920 to VIII II. Hays. chairman {
n Republican Campaign commit
tee. This Is a violation OF the fedora
laws and punishable by fine and i'm
prisonment. A list OF irregular item
has been furnished 10 you, abou
which inquiry should be made o
witnesses under oath.
1T l. clear from the statement