12007871591 1200787
routing
12-0078129bcbcdbde5158fNone
Click image to open full size in new tab
BANKS TAKEN OVER MILWAUKEE, Wis., July 23, Three Milwaukee community banks with combined deposits of $2,000,000 were taken over by the state banking commissioner. Banks closed wereLayton Park State, Liberty State and Security State. A small run started on Liberty last week and continued with increased withdrawals. Financiers attributed closings to hysteria recently experienced in Chicago.
WISCONSIN NEWS NOTES FOND DU LAC. — (AP) — After hearing testimony dealing with the closing of the Farmers' State bank at Calumet Harbor two years ago, Municipal Judge H. M. Fellenz yesterday continued until Feb. 20 the hearing of the Pinkerton Detective agency's suit against Charles Bergen Jr., president of the defunct bank. The detective agency asks payment for services rendered in tracing rumors alleged to have resulted in a run on the bank. Bergen contends he did not hire the agency and believed a detective who visited the village was employed by the Wisconsin Bankers' association. MILWAUKEE, Feb. 7. — (AP) — The trial of Leroy Brant, former police officer of Wauwatosa, a suburb, who was charged with burglary after he was shot Sept. 24 while prowling around a grocery store, ended abruptly late yesterday when Judge C. M. Davison of Beaver Dam, presiding in municipal court, dismissed the charge. The judge ruled the state had failed to prove intent to commit a felony. Defense Attorney Winfred C. Zabel argued that Brant was "too drunk" to realize what he was doing. MILWAUKEE. — (AP) — A grand jury charged with the task of ferreting out and fixing responsibility for alleged acts of crime and corruption in Milwaukee county was confronted with truckloads of records when it convened today. The first evidence to be presented involves bond transactions between I. J. Rosenberg, president of the closed Liberty State bank, and John I. Drew, former city treasurer. MILWAUKEE. — (AP) — An alimony allowance of $18 a week was given in circuit court here yesterday to Mrs. Julia Dupee, who has filed suit for divorce against Charles Dupee, scion of a one-time wealthy and socially prominent Oconomowoc family. Dupee, now an insurance salesman, told Judge John C. Karel that he was earning barely enough to live in a boarding house and that he would find it difficult to make the payments. MILWAUKEE. — (AP) — Five men found guilty of fraud against the county outdoor relief department were given sentences ranging from four to nine months in the house of correction by Municipal Judge George A. Shaughnessy yesterday. They were alleged to have obtained goods valued at $800. WAUSAU — (AP) — District Attorney O. L. Ringle was expected to order an inquest today in the death of William J. Theisen Jr., former bank clerk who was found shot to death here Saturday night. Declaring he was not entirely convinced that Theisen committed suicide, the prosecutor last night ordered Dr. R. F. Fisher and Dr. E. E. Fleming to perform an autopsy. MILWAUKEE. — (U.P.) — Dairy officials were notified today that the state department of markets order raising the retail price of milk to 8 cents a quart in Milwaukee will be enforced tomorrow. Agents of the commission will be sent here to search for violators of the order, Commissioner Charles L. Hill advised dealers. Milk dropped to 6 cents a quart during a price war between small distributors and large dairies.
TWO ARRESTED Milwaukee, served of Milwaukee 16 years and another who head the defunct Liberty State Bank, in jail today awaiting arraignment indictments charging embezzlement of $500,000 of ctiy funds John Drew, city treasurer from 1916 to 1932, charged by the grand jury with ating money, and Ros former bank president, with aiding through his banking connections. Deputy sheriffs arrested Drew night St. where he had been tient for several days. He for months. Rosenberg arrested at his home Both denied on pending the regular session of municipal court The indictments charged that the pair feloniously padded invoices when bonds purchased increase the appareent costs thereof the Investigation into the affairs the two men was first started several years ago by the Wiscon state income tax bureau, which assessed an extra against appealed case An additional investigation undertaken ently state authorities connection with the closing the Liberty State bank.
WRIT TREASURER REQUEST HABEAS CORPUS IN MILWAUKEE for George ford Seeks to Block tradition Steps of Ely. Feb. movetoday to nulliunderway action Joseph the granting Virginia's request in extradition George CrawNegro for women Midslaying January, 1932. Allen. former attorney of Massachusetts and chief Crawford. he asking for writ considering Corpus the first step movement nullify Governor action. conferred late yesterday Attorney Frederick relative to proposed the closing the Court no petition had been petition would place Crawbefore the Supreme or the Massachusetts law refusal Crawford voluntarily accept the extradition papers allow him "reasonable" in which to institute Habeas proceedings. charged by Virginia with slayings Agnes Boeing and her maid, Mrs. Nina the Ilsley estate dur arrested here for store and of the state fingerprint bureau similarity between the prints those of the man by Virginia authorities. John Drew Taken From Hospital Bed Charged With Embezzling $500,000. Wis., Feb. A man who served city treasurer of for 16 years and other who was head of the defunct Liberty State bank, were today awaiting arraignment of indictments charging embezzlement of $500,000 city funds. John Drew, city treasurer from 1916 to was charged by the grand the money, and Cosenberg, former bank president, with aiding him through his banking connections. Deputy sheriffs arrested Drew late last night at St. Joseph's hospital where had been patient for eral days He has been ill for several months. Rosenberg arrested his home. Both denied release on bail, pending arraignment the regular session Municipal Court to- The indictments charged that the 'falsely, and felonipadded the when to the apparent costs into the affairs the two first years the come which has tax against appealed the and lost. tional undertaken recently by state nection with the closing of the Liberty State bank.
CITY RECORDS PADDED Former Treasurer and Banker Are Arrested MILWAUKEE, Wis., Feb. 18 (AP).—A man who served as city treasurer of Milwaukee for 16 years and another who was head of the defunct Liberty State bank, were in jail today awaiting arraignment on indictments charging embezzlement of $500,000 of city funds.
Rosenberg Named in Stock Transfer The state banking department has filed an affidavit with the circuit court of Milwaukee county charging that I. J. Rosenberg, former president of the Liberty State bank, Milwaukee, transferred $18,400 of stock in that bank to minor relatives to escape the 100 per cent assessment on the stock provided for by the statute in cases of bank suspensions. Records of the bank show the stock was transferred to Beatrice Weiner, a niece now 21, and to Jack, Paula Sylvia, and Ruth Helen Rosenberg, all minor grandchildren. The banking department contends that Rosenberg is the real owner of the stock.