The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-09-02
JOURCEN OLSON
COUNT
Six-ycar-Ols: Warrant Issued
in Michigan Served on Mi
not Man Today

Minot, y. d., Sept. l.--(R) Jour
gen Olson OF Minot, once reputcd to
be wealthy banker with interests
IN several middlewestcrn states, was
arrested here today under a six-ycar-
old warrant issued in the state Of
Michigan, charging him with per-
jury. The arrest was made by Shcr-
if W. r.. Slaubaugh of Ward coun-
~ immediately after he had received
a six-page Geographic copy of the
warrant which was issued in the city
of Stanton, Michigan, on November
>, 1921.
deputy sheriff from Stanton is
on his way to North Dakota to APP
pear before Governor a. G. Sorlic to
request that IA governors warrant
for cxtradition Of the defendant be
issued, according to information re-
ceivcd at the shcriff's office in this
city.
Furnishes Bond
Soon after the warrant was served,
Olson, with his attorney, T.. K. Sink
Ter Of Mnot, appeared before JUS
ticc l.. W. Torgeson and furnished
bonds in the amount Of 1000 for
his release from custody. Counsel
for the defendant at that time served
notice that he would demand pre-
liminary hearing on tho Michigan
charge. the date of which is to be
set later.
The charge of perjury against Oh
son arises out of transaction men,
toned in the lengthy warrant, where
in it is alleged that Olson signed an
affidavit declaring that 30 shares of
stock which he owned in the State
Savings Bank. Of Stanton were not
pledged as security for any debt.
Olson, when the warrant was
served on him, told the sheriff that
it was his first knowledge Of the
fact that warrant had been issued
nearly SIX years ago for his arrest.
He explained the transaction on
which the charge is based, by saying
that he had purchased 80 shares Of
the stock in the Stanton bank, pay
ing $4,000 cash for the same, and
giving a note for the balance, the
deal being made early in 1921, he
said. Later, in the same year. when
other banks in which he was inter-
estcd started to fail, he returned the
stock to the men from whom he had
purchased it, and did not receive in
return any Of the money which he
paid for the shares, he declares.
will Oppose ExtraditiOn
Efforts to remove Olson to Michi-
gan to face trial on the perjury
charges will be strenuously opposed,
the defendants attorney declared,
adding that he will contend that the
action Of Michigan authorities in
bringing forth the warrant for serv-
ice is an attempt to collect civil
obligation through criminal proc
ess.
Almost simultaneously with the
service Of the Michigan warrant on
Olson, States Attorney II. L. John
son Of Minot announced that a state
charge against Olson of assault with
IA deadly weapon, which had been
pending against him for two years,
has been dismissed. The dismissal,
according to the Ward county state s
, attorney, was made on request of G
r. Van Sickle Of Minot, the COM
planning witness. who had alleged
that Olson threatened him with q
shotgun.
Was at Liberty ON Bond
The assault charge against Olson
was filed prior to the time that he
pleaded guilty in United States dis
trict court in Minot in January
1926, on a charge Of using the mails
to dcfraud, and was sentenced t.
serve term in the state penitcn-
tiary at Sioux Falls, S. d. While
serving the sentence in the Sioux
Falls prison. former Governor Carl
Gundcrson of South Dakota issued
an order for the cxtradition Of Oh
son to Indiana to face banking law
violation charges in that state, but
this order was revoked by Governor
W. J. Bulow Of South Dakota at the
time Of the expiration Of sentence,
and Olson was returned to Ward
county to face the assault charge
He posted bonds and had been at
liberty
At the time Olson was sentenced
in federal court in this city, his at
torney, Judge f. b. Goss of this city,
in a statement to the court, de-
clarcd the defendant at one time
was worth Il million dollars, all Of
which, he said, has now dwindled
away. When Olson appeared at the
sheriffs office in Minot today to re-
ceive service of the warrants, he was
attircd in Overalls and other work
ing clothes. Since returning to Mi
not last March he has been engaged
in farming operations near this city.