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KNOX BANKER GIVEN PAROLE D. H. Ugland, After Serving 9 Months of 5 Year Term, is Back Home. Bismarck, N. D., Sept. 15.-David H. Ugland, the Knox, N. D., banker, who pleaded. guilty to committing a series of felonies and was sentenced to five years in the state penitentiary, has been released after serving less than nine months, Ugland was given his freedom this week under an order of the state board of experts, controlled by the Frazier administration. Ugland has already left the state prison, and is at Knox, the scene of his sensational operations which involved forgeries to the extent of over $200,000. Admitted Three Charges. On Dec. 17, 1918. in the district court at Devils Lake, David Ugland pleaded guilty to three specific charges, and he was sentenced to three years on one charge, to three years, six months, on another charge, and to five years on the third charge, the sences to run concurrently. By the terms of his sentence, the period of imprisonment began on Dec. 17, 1918, and he stepped out of the doors of the prison on Sept. 10, 1919, less than nine months of his sentence completed. Back to Knox. Ugland went immediately back to Knox, the scene of his financial operations, by which the Security Bank of Knox was wrecked. Ugland was cashier of that bank, and it was his operations that made it necessary for J. R. Waters, as bank examiner, to close the institution. R. M. Stangler was appointed receiver. In addition to the forgeries and embezzlement by Ugland with reference to the Security Bank of Knox. to which he pleaded guilty, he also negotiated and sold to bankers in North Dakota and Minnesota approximately $200,000 worth of forged notes. The Specific Charges. The specific charges on which Ugland was sentenced to the penitentiary were embezzlement, for which he was sentenced to three years; for knowingly accepting money for deposit in an insolvent bank while being cashier of the bank, and of falsification of records, for which he was sentenced to five years in prison.
