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About The Omaha morning bee. (Omaha [Neb.]) 1922-1927 | View Entire Issue (July 29, 1923)
Bank Depositors “Tipped Off to ■>; Failure, Rumor Officials Investigating Reports That Many Were Given Warning Before Crash of Denver Company. Denver,' July $8—With $441,733, '■ n>- u-ly one-third of Its entire re . sources, gone—virtually snatched from under the noses of Its officers and directors through an alleged conspir acy, for which three men are now under arrest—the Hibernia Bank and Trust company of Denver remained closed today, while stockholders In vestigated the possibility of rehabili tating the Institution and while the district attorney's office here probed a report that many “favorite" de , positora evaded losses by withdraw ing their deposits just before the bank closed Friday morning, on “tips" from persona connected with the Ill-fated bank. Information charging grand larceny and receiving stolen property were filed this afternoon against Maurice Mandell, Denver, broker; Leo P. Floyd, secretary of the company and John Harrington, teller, and son of M. C. Harrington, vice president, by stats bank inspectors after an investi gation showed the shortage to be $441,733. Mandeb's bond was fixed at $250,000 and those of Floyd and Harrington at $20,000 each. Review Withdrawal Slips. Having obtained signed statements from Floyd and the younger Har rington admitting their parts in the alleged conspiracy, the district at torney's office turned its attention to a review of the withdrawal slips made *» Friday morning. Two persons are said to have admitted to the district attorney’s office that they were warned that the bank was about to be closed and that they acted on the advice and withdrew their money. A meeting of officers, directors and stockholders of the bank will be held Monday as the result of the arrival - here today of E. P. Ryan of Spokane, president of the Institution, at which It will be determined whether or not the shareholders will be able to meet the shortage and seek a permit for * the reopening of the institution. Wait Arrival of Woman. Whether or not the bank will re open depends on the attitude of the s'oc-kholders on assuming more than ■ their legal share of responsibility for l the shortage, Mr. Ryan said. No ' definite policy will he formed until af * tor the arrival of Mrs. J. F. Leonard, ^ im# of the heaviest stockholders, who * v ill reach Denver Sunday afternoon * from Washington. lit porta of investigators today on tlie amount actually taken from the r.k showed that $192,721 was flicked : ram th« savings accounts of hun dreds of the bank's patrons; $71,000 ' in municipal bonds; $72,000 lu Liberty I tends: $79,000 from the cash drawers ■ and $27,000 from the general check ing accounts. Floyd and Harrington received - "practically nothing” from their al leged participation in the conspiracy against the bank, investigators said after they had submitted each of the *' two to a two-hour grilling. It Is al leged that Mandell received all but n few dollars of the loot and that he has Invested or spent It In business projects, so that It now Is far beyond the reach of the hank or the law. Papillion Methodist Church Will ! Dedicate New Pipe Organ Today l! .a1.1 ■■ ■■ -- 1.JL._i.-iJii...- HU-- lu ii. -1 11«'i ii him iw- in^p——imb———p—i> Boy Scout cabin erected by Troop No. 1 of PapUIion, Neb., In town park. Two Manual pipe organ In St. Paul Methodist Episcopal church, Papllllon, dedicated July M. The organ is a IUnner’s duplex pneumatic with electric action, costing $4,500. Country Linked Together in Great AutomobileTouring Fraternity By I ni vernal Service. Washington, July 28.—Under an extensive reciprocal plan Just effected by the National Motorists association the entire country has been linked Into gigantic fraternity of automo bile clubs, It was announced here to day. Heretofore the motorls has been able to receive reciprocal touring courtesies from only those whose clubs happened to be affiliated with the particular national organization of which he was a member. Under the plan of the N. M. A., touring courtesies are to he offered not mere ly hy Its affiliated clubs, but by un affiliated clubs. A total of 474 clubs are listed on the complete chart furnished by the N. M. A. Practically every state in the union Is represented, there being as many as 76 cluba In the state of Ohio, 36 In New York and 80 In Pennsylvania. This marks the beginning of what Move Launched to Revive' U. S. Grain Corporation Valley City. N. D., July 22.—The united efforts of wheat growers and business men In South Dakota and Minnesota toward bringing to the at tention of congress the need for the revival of the United States grain corporation Is urged In a letter from Congressman George M. Young of this city, to Frank Murphy of Whea ton, Mtnn., leaders of the movement In their respective states. It Is pointed out in the letter that mere demands on congress to do something for the farmer In obtain ing better prices for wheat would avail growers nothing. The proper program, according to the congress man, Is to present definite propoealt to the congrese. He suggests the revival of the United States grain corporation as a better plan of ob taining relief, as compared with de mands for a specific guaranty on wheat price. This Is the Sale You Have Been Waiting for GENUINE EARL & WILSON SHIRTS at Prices Far Below Their Regular Selling Price Hundreds of men have declared this is the greatest sale Omaha has ever known. This is the main idea behind our “Get Ac quanited Sale.” We want to give bargains that will be long remembered. We want , you to get acquainted with our store poli cies and to see the difference in the way our merchandise wears. This Sale Is a Rare Opportunity Because it is seldom that “the genuine” Earl & Wilson shirts are offered at “bargain” prices. Come see the won derful assortment. These are all our regular stocks—no SPECIAL purchase lines; every shirt is backed by our one full year guarantee of shirt satisfaction. Note the price reductions. Buy your supply NOW. $ 2.S0 Earl A Wilson Shirts, choice, $1.85 $ 3.00 Earl & Wilson Shirts, choice, $2.15 $ 4.00 Earl A Wilson Shirts, choice,' $2.85 $10.00 Earl A Wilson Shirts, choice, $6.65 V (White Shirts Excepted) Every Article In BOTH STORES has been reduced for this GET ACQUAINTED SALE ... it will pay you big to visit us ... PRAY —for Men and Women 1509 Faraam Street 1908 Farnam Strei will be the first successful plan to gain the co-operation of all the prin cipal automobile clubs throughout the country In such a way that the long distance tourists will be assured serv ice from coast to coast and a warm welcome at whatever club he hap pens to visit or call on for aid. Chicagoan Trie# Suicide After Squabble Over Purse Hj International News Service. Chicago. July 28.—Thers were Juet a few nickels and dimes In the purse of Mrs. Adolph Liepke when her husband looked In It tonight for money. She tried to snatch it away. He held on. They tussled. She got it. So vexed was he that while his daughter was calling pol ce, Liepke stabbed himself under the heart wlih a bread knife. He Is In a serious condition In the county hospital. Veteran Seriously Wounds Brakeman Earl F. Dowell Is Second M. P. Trainman Shot Within Week. Special Pi.patch to The Omaha Bee. FU1I* City, Neb., July 28 —Ernest Hershel Finley, Denton Tex., was brought here In custody of Sheriff Albert Young from Auburn where he was arrested for shooting and serious ly wounding Karl F. Dowell of Falls City, Missouri Pacific brakeman, rear here late Friday night. Dowell was taken to a Kansas City hospttal on the train of which his father. J. H. Dowell, was conductor. Dowell is the second Missouri Pa clllc trainman to be shot on the Oma ha division within a week. Finley was taken off a train at Au burn and arrested upon Information from Falls City authorities. Accord ing to Finley, a world war veteran who claims to have been shell shocked In France, he shot In self-defense after Dowell repeatedly hit him over the head with a lantern and attempt ed to push him ofT a freight train going at high speed. Finley told police that be meant to only frighten Dowell but two bul lets went wild and hit the brakeman In the side and ankle. Finley was charged with shooting with Intent to kill when arraigned and was bound over to the district court on $4,000 bond. The government of Jugo-Slavla Is planning railroad electrification on on an extensive scale, obtaining power both hydro-tlectrically and , ■from steam plants in which lignite j will be used as fuel. _II Monday^Pr e-Inventory Clearance of Seasonable Footwear For Women and Children Extraordinary price reductions on our entire stock of T Miller white and all summer wear footweai icluded in the sale are hundreds of other f this type at less than manufacturing c I. Miller Allover White Glazed Kid Low Shoes—In sandal or closed ef fects, French or Cuban heels, £ QC formerly priced 9.50 to 14.50W»*/«J I. Miller Summer Shoe*—White kid, trimmed with red, green, blue, and gray, allover blue, red, green or gray; formerly priced C QC 10.00 to 16.50, now ISO Pair* of Brandeis’ Summer Sandalt—Of beige, smoked white, gray, elkskin; all rubber heels; former prices 6.00, now Brandnt Late Spring and summer low onoee— ■ Beige or gray suedes, white kids, patent leather III trimmings, sport oxfords in various shades of I elkskin; formerly priced A QCS § 8.50 to 13.50; special, | 200 Pairs of Bustor Brown Children’* Patont | Sandals and Brown Oxfords—Formerly 1 Q C priced 3.50 to 4.60, now, per pair, * a*7aJ I ISO Pair* of Marathon Sandals—For children. Play oxfords in tan and brown elkskin, sizes Bt4 to 9, 1H4 to 2; former prices QC/» 2.25 to 3.00; special, J/iJC s. 100 Pairs of Buster Brown White Low S* or High Shoes—Formerly QC _ S' priced 4 00 to 6.50; special, wOC THIRD FLOOR—EAST I \ v o^ c¥ii'&ftiifoio't \ #s* °^ot\ -a &a^8 .hv\v\s J® n0X «V)CfoX . e>\> ^ ott^^otvJoxxvtv^ **>*£ ^ 5 O^e W^^r wmss? < *fcct*otv°teV fcete*° fi _ It’s for Omaha and You Omaha-made TIRE WEEK, <^4wpust % to II