The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-10-04
THREE TRUE BILLS
AGAINST PAIR ARE
RETURNEDBY JURY
Former Utilities Chiefs Are Fac.
ing Embezzlement and
Larceny Counts
EXPECT ExTRADlTIoN FIGHT
States Attorney Says He Will
Use Every Means to Ef-
feet Return
EXPECT ExTRADlTI0N FIGHT

Chicago, Oct. 4.-(R-Three true
bills charging Samuel and Martin In
sui with embezzlement, larceny, and
larceny by bailee were returned
Tuesday by the Cook county grand
jury.
The indictments were returned aft
er less than an hours elaboration by
the grand jury on evidence given dur
ing the morning by half a dozen wit
neSses.
The grand Jurors Immediately aft
er finishing their deliberations
marched into q criminal court room
where the true bills were made pub
lie.
Capiases were issued Immediately
for the arrest Of the two insults.
Swanson said the action was started
because the two men paid no heed to
his request that they return to the
United States voluntarily for ques-
tioning.
States Attorney John A. Swanson
said the action was started because
the two men paid no heed to his re-
quest that they return to the United
States voluntarily for questioning.
Samuel insult has been in Paris
since shortly after the financing COM
panies for his vast utility system
crashed several months ago. Martin
insult is in Orillia, Ont, Canada.
"The insults have not replied to my
request that they return Voluntarily
Swanson said. If these people who
have caused losses of more than $2.-
OO0, 100000 to investors will not re-
turn, then shall use every means
given me by the law to bring them
back"
Acquaintance Of the insults, how
ever, said they were certain the
brothers would fight extradition and
they expressed the opinion they
might be successful. Some lawyers
said embezzlement was not covered in
present extradition treaties with
Great Britain. The brothers are
British subjects. The La Sale Street
reports said Martin was counting on
his citizenship to prevent his return
from Canada and that Samuel, by
presentation Of certificate indicat-
ing his health would not permit an
ocean voyage, could forestall extradi-
ton.
Chicago lawyers for the insults re-
fused to discuss the attitude of their
clients toward extradition. A Chicago
newspaper, however, reached Martin
insult by long distance telephone.
Questions, the paper said, elected a
single reply: II have nothing to say. :
Swanson made public his accusa-
lions of a reputed bolstered broker
age account Monday. Previously he
stated he possessed evidence mdicat-
ing payment of marginal accounts OF
Martin insult from corporate funds
at Samuel's authorization.
The reputed IDEAL" occurred in
1929, Swanson said, when the elder
insult gave group of the several In
sull securities in exchange for stocks
of insult Utility Investments, Inc, APP
praised on the books at 9,765 ,908.
Through Improper appraisal" Swan
son charged, the insults nett"@ H .:.,-
400.
A bankruptcy petition was filed in
federal court Monday against the Con-
solidated Property Trust, Inc, Hold
ing company for the real estate prop
critics of Samuel insult and some Of
his associates. The petition said the
properties involved formerly had an
appraised value of $14 ZOO, 900, but are
worth no more than $3,500,0O0 in the
present market. Liabilities of ap-
prcximately $l1 ,OOO, 900, were listed.