The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1923-02-22
ARREST RUSSELL
ON MONEY CHARGE
A. NJ. Russell, KenOshan,
Arrested on Charges of
Ernbezzlement.
e-e
RELEASED ON BOND
Alleged He Diverted to Own
Uses $5,814.17 of Funds Of
Russell Company.

Troubles which have long been brew
ing between the Russell company, and
the C. r. Sykes company, both of which
are seeking control of the gasoline
driven railway equipment industry,
built here recently, came to head on
Saturday evening when A. M. Russell
former president of the Russell COM
pany, and a director of the other con-
Germ, was ARRESTED on charges of en-
bezzlement preferred by Harold l.
Chayes, one Of the present directors
of the Russell company. He was charg-
ed in five separate warrants with the
embezzlement of a total of $5,814.17 Of
the funds of the Russell company, it
being alleged that he took this money
from funds in the First National Bank
here. which funds were subject to his
check, and that he did not use the
money for handling the affairs of the
company.
The complaints were sworn out by
Mr.. Chayes in the Municipal Court, at
five o'clock Saturday afternoon. Police
Detective, Charles Rock arrested Mr..
Russell at his home at TOO Prairie ave-
nue., shortly afterwards, and he was
brought to the police station and ar
raigned.
Hold Court In Chiefs Office.
Judge Slater was summoned, and at
the request of all concerned, Russell
was arraigned in the office of the
chife of police. He entered plea of
not guilty and the case was postponed
until February 20, at one o'clock in the
afternoon. Bonds of $3.50 were set
by the court on all the counts, and
these bonds were Immediately furnish
ed, and he was released.
The charges as made by Chayes to
the district attorney and to the court
allege the embezzlement of funds of
the company during period from
June to November 1922, set out in the
warrants as follows: June 2, $1015.17;
September 2, $4,000; October 10, $500;
October 10, $3.50; November 20, SLOTS.
1t is alleged by the complainant, that
the various sums mentioned were with
drawn by checks, signed by Mr.. Rus
sell, as president of the company, and
that the money was used for personal,
anu 1lOb COLlp dLy uoSs
Recall History of Concern.
The arrest comes as climax to a
long fight in the directorate of the
Russell company. The concern was
organized here several years ago, with
Mr.. Russell as president and director,
for the purpose of manufacturing gas
oline driven railway equipment. It had
assigned It's contracts to the WHITTIER
company, and had produced several
trains which had been very successful
Then came internal troubles with the
company as a result of which Mr.. Rus
sell resigned as president on December
26, last, and in the reorganization. w.
G. Minor, became president. Mr. Rus
sell later became connected with the
G. f. Sykes company, which has recent
ly been organized, and which plans the
manufacture of a similar form of rail-
way equipment.
Mr.. Russell, according to his attor-
ney, Clifford E, Randall, is victim
of the troubles which have come be-
tween the companies and his arrest is
retaliatory step taken by the present
Russell company in the tangled affairs
of the two concerns. 1t was stated
that no charges of embezzlement can
be proven.
Mr.. Russell, while not admitting
any of the, charges set out in the war
rants, does state that he had a sum of
not less than $4,000 due him on the
books of the company and that any
checks which he might have drawn
would have still left him an ample
balance due him by the Russell com
pany. ei laf n
1t is,alse stated that the C. E. Sykes
company att present has filed a lien
against train delivered by the Rus
sell company to a Maryland Railroad,
and that testimony introduced in that
case will have an important bearing on
the charges brought here.
There were rumors that this might
be only one of a series of arrests and
law suits which would rise out of the
tangle and that counter action might
be expected in the near future.