St. Louis Post-Dispatch
June 2, 1930

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ee —— ee ee a. Tb * beh = / OL. “92. The Only Evening Newspaper in St. Louis With the Associated Press News Service RT FINA Stock Market Closing Prices and Complete Sales. . NO. 269. ST. LOUIS, MONDAY, JUNE 2, 1930,—40 PAGES, PRICE 2 CENTS ee WALL STREET VIET STOGK RADE MARKS PENING OF NEW MONTH wrket Unable to Break Out of the Narrow Rut ‘Which It Has Been Op- eating for Nearly a Fort- night. OTAL ISSUES GENERALLY EASE “lected Assortment of Util- ities, Merchandising, Stee] Specialty and Low- Priced Radio Shares Make Some Progress. y the Associated Press. NEW YORK, June 2. — The ok market began a new week éanew month today fresh from three-day rest, but was unable break out of the narrow rut in hich it has been struggling for arly a fortnight. rading was the lightest since , and while a selected as- it of utilities, merchandis- . steel specialty and low-priced ) shares made some progress, otal issues generally eased. tial sales barely exceeded 1,700,- ) shares, Business reviews coming to hand rthe week-end generally were suring in indicating that the m of the recession had been ut reached, but held out Httle ve of an upturn before late sum- lative fires were kept . however, by expectations mportant merger developments the utility field this summer, orts that steel companies ‘lalizing in iron pipe are clos- Important contracts for nat- ii gas lines, and a substantially ler than expected May sales re- t by Montgomery Ward. Pool rations are understood to be some of the low- iSSueSs, iene r Dividends Are Cut. Th Reduction of the Kennecott per annual vidend rate from D $3 had ne expected for time, but Wall streets expects be a few more dividend ne unsatisfactory earn- ‘tements to he digested this all of which tends to dis- ‘rage ambitious stock market ac- Progress in ed ri; di io ommission houses are now heir clients that selected “aS are On the bargain counter, pointing out that the mar- ' forecasts business im- nN ‘it some months in advance, ‘Se start made this spring, T, appears to be too fresh a minds of rost traders. - “SS news, in addition to the “colt dividend cut, ineluded “ent Of price reducttons 1 Mor or, which on top of re- ions by Chrysler and tended to hold the motor Rails continued | With the unsatisfactory dh mings report out of the “caulons are that the May wil show scant improve- tesident Storey of the he saw little pros- ement in traffic un- | begins to move late in in check, ; against Case was re- “ SG this high-priced issue ty i4%4 points. Shares los- | olnts or more included In- Business Machines, ‘ton Pump, Missouri Pact- Ntinental Baking A, Ra- Motors Standard of *; decrease in the vis- Corn declined % to Cotton was also un- ure, en ding the day 75c to ale low er. oe Prices with other tables ket news will be found es 11C, 12C and 13C. / $1,000,000 EXPENDED IN PENNSYLVANIA PRIMARY, $370,000 FOR DAVIS TICKET Sum Reported All Senate Committee Has Un- covered—Pittsburg Man Gave $96,750 —Mellons $5000 Each. PARTLY CLOUDY TONIGHT AND | TOMORROW; SLIGHTLY WARMER THE TEMPERATURES. PPPPPP 63 4p. m Yesterday's high. 81 (5 p. m.): 30 a. m.). Official forecast for St. Louis and vicinity: Partly cloudy tonight and tom 0 rrow; slightly warmer o CO ~2 DOH Go Dope ~~ OUR WINNING tonight and tomorrow; slightly warmer in south portion tonight. Illinois: Mostly fair tonight and tomorrow; slight- ly. warmer in south and central portions tonight. Sunset, 7:21; sunrise (tomor- row), 4:36. Stage of the Mississippi, 9.4 feet, a fall of .6. SUPREME COURT RECESSES WITH ITS DOCKET CLEAR Sets Record by Disposing of All Cases on Hand; To Meet Again Oct. 6. By the Associated Press. WASHINGTON, June 2.—-Setting a récord by disposing of all cases on hand for decision, carrying over none to the next term, the Su- preme Court today recessed to meet again Oct. ¢. It consented to review several cases, One of these is the conten- tion of the New York Life Insur- ance Co. that the Government had WEATHERSIRD ing a capital stock tax for 1919, 1920 and 1921. It refused to review the case of the Agricultural Broadcasting Co. of Chicago, operating Station WLS, to test a decision by the Court of Appeals of the District of Columbia requiring it to sur- render a part of its time to Sta- tion WENR of the Great Lakes Broadcasting Co. The court re- cently held the Court of Appeals trative and not subject to review. The court set for argument on Oct. 27, the case brought by Dan- iel P. O’Connell, Albany (N. Y.) Democratic leader, to set a ‘ide the order holding him in contempt of court for refusal to answer ques- tions before a grand jury investi- gating an Albany baseball pool. QUEENS BOROUGH POPULATION 1,082,212; GAIN OF.130 PCT. Movement te Cheaper and Airier Apartments Given as Cause for Big Growth. By the Associated Press. NEW YORK, June 2.—New York apartment dwellers, searching for cheaper, airier living spaces away from Marghattan dust, more than doubled the population of Queens —borough of homes—in the last 10 years, census figures disclosed today. Complete figures show Queens, largest in area and fastest growing of New York’s five boroyghs, has a population of 1,082,212, an in- crease of 613,170. or 130 per cent compared to 1920. It now tops Cleveland, Baltimore, Pittsburg and San Francisco. The increase is attributed main- ly to a shift in population from the city’s heavily congested districts. POPE’S. TOBACCO DUTY FREE Same Privilege for Cardinals Under Vatican State Law. By the Associated Press. VATICAN CITY, June 2.—The Pope will receive tobacco for his personal use duty free, according to the laws on salt and tobacco pro- mulgated today. These same priv- ilege is extended to Cardinals who live in Vatican City. The laws, which are the first to be put into effect for Vatican City, establish a tax of 75 per cent duty on tobacco for all residents of the Papal State and prohibit exporta- tion. SWEDISH CABINET RESIGNS Defeated in Proposed Increased Tariff on Wheat.: - STOCKHOLM, June 2. — The Swedish Cabinet resigned today as a consequence of the Government's defeat in both chambers of the Riksdag Saturday on the proposal for increased tariff on imported wheat, The Cabinet, headed by Admiral Arvid Lindman, was appointed Oct., 1928. It has been conserva- tive, although the Moderates have not had a majority in eithér cham- j ber. used improper methods in impos-. decisions on radio were adminis- By CHARLES G. ROSS, Chief Washington Correspondent of the Post-Dispatch, WASHINGTON, June 2.—The successful candidacy of Secretary of Labor James J. Davis, big Moose man of the United States, for the Republican nomination for the Senate in the recent Pennsyl- vania primaries was taken out of the piker class on the showing made by his campaign treasurer today before the Senate Campaign Funds Investigating Committee. Davis testified some time ago to a personal expenditure of only about $10,000, which made his campaign seem a poverty-stricken affair in comparison with “Old Joe” Grundy’s, which cost some $338,000. Today it was shown that at least $370,000 was spent on be- half of the ticket headed by the Secretary of Labor. Called back to the stand after this sum had been arrived at, , Davis protested to the committee that it ought to take account of the fact that seven candidates were on the Davis ticket, including the candidate for the governorship, Francis S. Brown, who was de- feated by Gifford Pinchot. Suggests Division by 7. Davis said the total spent was more than he had thought. He said that ‘‘very little’ was spent on his own behalf. Answering a question by Chairman Nye, he sug- gested that it would be. agreeable to him if the committee would divide the total by seven in esti- mating the cost of his campaign. The committee didn’t indicate whether it would do this. The $370,000 is obviously not the whole sum. spent for the Davis- Brown ticket. It is merely all that the committee uncovered from the Sworn statements of various treas- urers. Local expenses in a large block of the 67 counties of the State remained unaccounted for. In going over the accounts for Western Pennsylvania, the com- mittee found a new name to add to the list of the nation’s most generous campaign “angels.” The name was that of Walter A. Bon- itz, fire brick manufacturer of Pittsburg. He gave $96,750 to the Davis-Brown managers. $15,000 From the Mellons. The interesting fact also was un- earthed that Mellon money—$5000 from the Secretary of the Treas- ury, $5000 from R. B. Mellon and $5000 from W. L. Mellon—helped to nominate Davis for the United States Senate, notwithstanding the fact that the Mellons were plugging for Grundy. This paradozical state of affairs was due to the Mellons’ support of Brown for the Governorship. Ac- cording to the testimony, they gave the money to aid Brown, but. it went into the common pot dis- bursed by Treasurer Samuel M. Vauclain for the Brown-Davis tic- ket. The records also showed the Mel- lons, with respect to the Brown candidacy, lying in the same politi- cal bed with their foe, Boss Vare of Philadelphia. Vare was another $5000 contributor to the Davis- Brown pot. The Davis-Brown figures raised the known total cost of the recent primary to a sum close to $1,000,- 900. This includes the Grundy out- lay and the $200,000 shown to have been disbursed for the wet Bohlen- Phillips ticket. Davis-Brown Ticket Figures. For the Davis-Brown ticket, there were separate expenditures in round figures as follows: By a state-wide committee, of which the treasurer was Vauclain, Chairman of the Board of the Bald win Locomotive Works, $131,000. By Davis himself, $10,000. By a Philadelphia city advisory cnnsaitbln, $62,500. By the Committee of Allegheny County, of which Pittsburg is a part, $38,500. « By an organization of 17 coun- ties in Western Pennsylvania, out- side of Allegheny, $77,500. The witnesses agreed that it had been a good, clean primary, con- ducted at less than the usual cost, Vauclain was asked whether his disbursements covered the cost of the Davis-Brown campaign in Philadelphia. “No,” he said. “philadelphia was able to take care of itself.” The cost of “watchers,” he said, was also an additional item of ex- pense, taken care of in the counties themselves. “Do you think a limit should be placed on campaign expenditures?” Vauciain was asked. “Ty am not in favor of the proper persons being restricted,”” he re- plied. J. Hampton Moore, former Mayor of Philadelphia, who was chairman of the Citizens’ Davis- Brown advisory committee of Philadelphia, deposed that the pri- mary was “about as fair an elec- tion as we've had in a long time. —and a clean one.” “Everybody,” added Moore, “was ‘ MACHINE-GUN GANG KILLS | 3 IN CHICAGO, WOUNDS TWO Fires Into Group Seated at Table in Hotel at Subur- ban Resort—Woman and Terry Druggan’s Brother Are Shot. . FIVE OTHER MURDERS OVER WEEK-END Two Slain on Street, Kid- naped Victim Found in Alley, Gambler’s Body Picked Up on Road, An- other Taken From Lake. By the Associated Press. CHICAGO, June 2.—Eight killed and six wounded in gang attacks over the week-end today started Chicago on a genera). search for machine gunners. Police believe {the killings presage a new beer war and they are taking every pre- caution to prevent retaliation for the murders. Three gangsters were killed early Sunday morning as they sat at a table in a roadhouse at Fox Lake, a resort north of Chicago. In the same attack, George Druggan, brother of Terry, and Mrs. Vivian Ponic McGinnis, wife of an attor- ney, were wounded. The shots cams through windows, and the slayers escaped. About the same time, three meu were wounded by machine gun fire on North Clark street, near the near the garage where seven Moran gangsters were lined up and shot down a year ago last St. Valentine’s day. One of these three died a short time later. Saturday one man was killed and two were wounded in an attack on the southwest side. One of the wounded was a boy, who was struck by a stray bullet. The dead man was Philip Gnolfo, reputed professional killer, who was slain in his car as it ran over the curb- ing into a show window. Kidnapping Victim Slain. The last killing was that of an unidentified kidnaping victim, whose body was found early today propped against a bank building in an alley. A puzzling angle of the Fox Lake murders was the fact that all three gangsters slain and one of the wounded were members or leaders of separate gangs. Mrs. McGinnis’ husband . declared she was seated at another table with Druggan, whom she had known since child- hood. James Good, Negro gambler of Gary, was found in a wood near a Chicago suburb today, shot to death with eight bullets. The po- lice said he had last been seen at a Gary gambling resort Saturday night. The eighth victim of gang vio- lence was washed up by Lake Michigan, near Whiting, Ind., on the outskirts of Chicago. The body has not been identified, but bears marks of violence. Yesterday’s first shooting took place at 1 a.m. at a resort hotel at Fox Lake. The victims were seated at a table on a glass-inclosed porch. Without warning, the machine-gun attack was opened on them from outside, the bullets crashing through glass. : List of the Dead. The dead: Michael Quirk and Sam Pellar, West Side gangsters, and Joseph Bertsche, whose broth- er, Barney, had been regarded a leader in North Side gang life. George Druggan was wounded severaly. Blood transfusion was resorted to in an effort to save his life. Mrs. McGinnis also is in pre- carious condition. The second attack was conduct- ed in the gang manner, machine guns blazing from a passing motor car which sped away. Tony Torna- tore, Joseph Ferrari and Minis- tero, none of whom has any par- ticular gang record, police said, were shot. Ministero died. The body of the kidnaping. vic- tim indicated the man had been slain about 12 hours before. The body, however, was not in the al- ley half an hour before it was dis- covered, according to a bank watchman. The body lay on a piece of carpet on which it hdd been dragged some distance, prob- ably from an automobile. A belt was around the chest, drawn tightly under the armpits, and the killers are thought to have used it in pulling the body to the place where it was found. Gangster Slain Saturday. Police, in predicting renewed *gang warfare, pointed to the kill- ing: Saturday of Gnolfo and the wounding of his two -compan- ions. That attack was in ¢the “Valley” district. Gnolfo was | Continued.on Page 2, Column.¢. | Continued on Page. 3, Column. 4,.' ts $2,000,000 GIFT FOR RESEARCH IN CANC WRECKS AIRPLANE WITH AUTO TO NAB SMUGGLED ALIENS Whirling Propellor. By the Associated Press, DETROIT, Mich., June 2.— Stanley Zerambo, senior inspector of the United States Immigration Patrol at Detroit, yesterday drove an automobile into the whirling propeller of an airplane to prevent escape of the ship and the two aliens aboard. The propeller was broken and a wing of the plane damaged, also the automobile radiator and wind- shield were broken. Zerambe was cut and bruised, but escaped seri- ous injury. The pilot of the plane jumped out and escaped on foot, but his passengers, Ayriazo Taled, a Greek, and Zwa Cheveson, Ru- manian, were captured and will be | deported. WOMAN WHO SHOT ANDKILLEDHER BROTHER FREED The ship was thé seventh allen : Justifiable Homicide Ver- smuggling plane seized here by In- spector Zerambo, ER SERUM EXPERIMENTS W. K. Kellogg Provides Fund for Work at Seventh-Day Adventists By the Associated Press, SAN FRANCISCO, June 2.—An- nouncement was made at the world conference here of Seventh- Day Adventists today of a $2,000.- 000 gift from W. K. Kellogg, to the College. of Medical Evangelists at Loma Linda, Cal., an Adventist in- stitution. “This sum was given primarily for the continuation of research with the Coffey-Humber experi- mental cancer extract,” Dr. P. T. Magan, college president, said in his report. “Income from the en- dowment, however, is available for other medical research work to. be carried on in the college and the White Hospital.” AMY JOHNSON, BRITISH FLYER, ‘MADE COMMANDER BY KING Ruler on Birthday Also Awards Title of Baron to Sir Esme Howard. By the Associated Press. LONDON, June 2.—Amy John- son, British aviatrix, who became a national heroine on the recent com- pletion of her flight to Australia, has received the honor of Commander of the British Empire in the King’s birthday honors list. Among the others honors were the following: Sir Esme Howard, former Ambassador to the United States, was made a Baron, and Sir John Simon, chairman of the commission which visited India, was made grand commander of the Star of India, Frederick Royce, noted motor car manufacturer, was made a Baronet. The Order of Merit was given to Montague Rhodes James, prov- ost of Eton, and George Macaulay Trevelyan, noted historian. Knighthood was given to Arthur Stanley Eddington, astronomer. AIR FERRY HITS A TUG; WOMAN PASSENGER HURT Seven Rescued Uninjured From Piane That Falls in Oakland, . Cal., Estuary, By the Associated Press. / OAKLAND, Cal., June 2.—Mrd,_ J. Cooper of San Francisco was in- jured and seven other persons were shaken up when a San Fran- | cisco Bay air ferry’ struck a tug in Oakland Estuary today and dived into the water. Mrs. Cooper was taken to a hospital suffering from cerebral hemorrhage. Launches fram _ shore _ rescued the occupants 6f the plane. In addition to Mrs. Cooper, those in the plane were: Mrs. J. E. Haw- ley, San Francisco; Miss Isabel Stewart, 28, of Chicago; Mrs. Sam- uel E. Stewart of Honolulu, sister- in-law of M Stewart; Mr. and Mrs. Virgil ks of San Leandro, Cal.; George McCallum, air ferry |. pilot; Fred Hammer, co-pilot. CONSCRIPTION OF PRIVATE PROPERTY 10 BE CONSIDERED Commission Authorized to Take Up Proposal for Wartime Consti- tional Change. By the Associated Press. WASHINGTON, June 2.—A proposal to amend the Constitu- tion to authorize wartime con- scription of private property will be studied by a joint committee of Congress and the Cabinet. . The Senate today approved such a commission of inquiry, already approved by the House. It is to be composed of four Senators, four Representatives and six Cabinet members. MEXICAN GIFT TO HOOVER Silver Service Presented by Presi- dent Ortiz Rubio. | WASHINGTON. June 2.—A sill-; ver service, in the family of Pres- ident Oritzs Rubio of Mexico for generations, today was presented to President Hoover by Ambassador Tellez on behalf of the Mexican Chief Executive. The gift of six silver pieces was in token of President Ortiz Rubio’s | appreciation of the courtesies ex. tended to him on his recent visit to. Washington as the President-elect. Five-Day Week in Sacramento, _ SACRAMENTO, Cal.,. June .2.— Sacramento buijding trade workers today inaugurated a five-day week, Labor leaders estimated aSe: to} dict Returned in Slaying of Carlton Trachte by Mrs. Loretta Byrne. BOND CONTINUED TILL GRAND JURY INQUIRY Inquest Action Follows Wi- dow’s Testimony That Her Husband Beat His Sister Severely. The killing of Cariton Trachte. by his sister, Mrs. Loretta Byrne, who shot him in the head at his home, 6048 Harney avenue, was justifiable homicide, a Coroner’s jury decided today. The verdict was based on the testimony of Trachte’s widow, Mrs. Melba Trachte, who said her hus-, band gave Mrs. Byrne a severe beating when the latter took the wife’s part in a household quarrel Saturday afternoon. Mrs. Byrne's $10, 000 bond, on which she was released from cus- tody yesterday, will be continued until after the case has been pre- sented to the grand jury. Trachte, a machinist, was 29 years old and the father of three children. He died at City Hospi- tal Saturday night. His sister and her husband, Harry J. Byrne, live at 5650 Eellrung place. An important difference 0c- curred in the testimony, as com- pared with the account of the af- fair obtained by the police Satur- day night. The police version was that, after being beaten by her brother, Mrs. Byrne went to her home, got a revolver, and returned and shot Trachte. Today, Mrs. Trachte and a neighbor testified that Mrs. Byrne did not leave the house, but fired the shot immedi- ately after the beating. Mrs. Trachte said the revolver, which belonged to the Byrnes, was bor- rowed from them several weeks ago, and had been in the Trachte home since. Mrs. Trachte, 26 years old, wear- jing a blue and white summer dress, ‘|was the chief witness, as Mrs. |Byrne, on her lawyer's advice, did not testify. Mrs. Byrne, 32, wore @ dark blue costume, and sat with downturned eyes, during the short hearing and at her own formal ap- pearance on the witness stand, The Widow’s Testimony. “My sister-in-law came to our house Saturday afternoon,” Mrs. Trachte said. “My husband and I were talking about storing a chif- forobe belonging to my sister. Carl- ton said he didn’t want anything in our house that didn’t belong to us. Mrs. Byrne said to him, ‘Don’t be so hateful, Carlton; you ought to help those people.’ He told her to keep out of his business. “One word led to another, and my husband ordered his sister out of the house, and put her out, on the back porch, choking and beat- ing her. He threw her down, and I tried tc pull him away, and part- ly succeeded. “The Téevolver, which belongs to Mr. Byrne, was in the buffet draw- er. I had borrowed it for protec- tion at a time when my husband ‘was away. My husband took it from the drawer, and said, ‘I'll fix you right now.’ “We two (women) scuffled with him for the gun. Mrs. Byrne got it, and I tried to get it away from her. While we were scuf- fling, she fired it. I don’t know whether he was advancing on her’ at the time or not. She left the house before I found out that my husband was seriously wounded.” Police Find a Still, Policemen, after being called to the: Trachte home, went to Mrs. Byrne’s home to look for her, and followed her thence to 4465A Eas- ton avenue, where they arrested her. They found the. revolver, with one chamber empty,. wrapped in a paper and lying on a table at 3000 men mere. affected. ‘in a blue shirt and a pair of over- the Easton avenue address. Dur-jpreme Court decision, White spent WOMAN WHO KILLED BROTHER, AT INQUEST ‘ oe . .e cata ane 5 te a. 7 oan. ae ¥ . : oe % —By a Post-Dispatch Staff Photographer. MRS. LORETTA BYRNE. EXECUTED BY GAS IN DEATH CHAMBER OF NEVADA PRISON Three Deep Breaths and R. H. (Bob) White Pays With Life for Murder. of Louis Lavell at Elko. By the Associated Press. CARSON CITY, Nev., June 2.— R. H. (Bob) White, gambler, was executed this morning in the lethal gas chamber at the Nevada State prison here. He had been con- victed on circumstantial evidence | of the murder of Louis Lavell, also a gambler. White was taken into the stone chamber he.helped build—an air- tight room nine feet long by eight wide and seven high—and strapped into a chair. He smiled and nod- ded to persons peering through a window. There were 63 witnesses, including two women. Before the chair stood a two-gal- lon crock containing a quart of sulphuric acid and half a gallon of water. A string extending into the next room was pulled, opening @ container, dropping nearly a dozen one-ounce “eggs” of cyanide of potassium into the acid solution. Deadly gas fumed up almost imme- diately. | White nodded again as the gas started to come up. Then he took a deep breath. He leaned back easily. At the third breath his head fell back. His arms and body twitched as in a convulsion, then were still. The gas was turned on at 4:37% a.m. White's heart stopped beating for 10 seconds at 4:39% and natural breathing stopped at 4:39%. After a lapse of 10 sec- onds the heart started again, but stopped completely at 4:47—nine and a half minutes from the time the gas was turned on. These figures and data were given out by Dr. E. E. Hamer, State. health officer, who had at- tached a specially devised stetho- scope to the condemned man. Shakes Hands With Executioners. Before the execution White did not appear nervous. He shook hands with the Warden and the other two men who helped strap Him in the chair. He was dressed alls, Miss Margaret Skeeter, R. N., Reno, and Miss May E. Kenney, another nurse, Carson City, were the women present.as witnesses. They were admitted at their own request, While waiting for the State Su- nearly a year in the prison and as- sisted in carrying stone from the prison quarry for the construction of the death chamber. The Supreme Court ruled that the death sentence must be carried | Warden, whe asked the condemned _ whether he had a last wish, “You emg pln ghrp $ PRESIDENT MAYS PROPOSES macs sxc| TO FORMNEW BANK TO TAKE | OVER THE GRAND NATIONAL OFFICERS WOULD BE SAME AS THOSE OW IN CHARGE Plans Arrangement So That Claims Based on $1,000, - 000 Robbery Would Lie Against Present Depos- itory, Not Successor. |BUSINESS NOW BACK TO NORMAL G. J. Herbert, Cashier, Who Resigned and W. A. Brittin Ousted, When They Were Put Under Bond, Are Reinstated. Ed Mays, president and princi- pal owner of the Grand National Bank, announced today that he would propose to his associates that the bank go out of business and that a new. bank be organized to take over the business of the de- pository which was looted May 25 in a $1,000,000 deposit vault bur- glary. \ The new bank would be known as the Continental National Bank. Mays said; and would have the same officers as the Grand Na- tional Bank, including Gifford J. Herbert, who was reinstated toda. as cashier and director followin:: his resignation Friday. Mays declined to state what the capital of the new bank would be or the expected source of the new funds. He said the old bank would be liquidated in time, but that for the present the $700,000 .capitc! and $350,000 surplus would be le.t intact so that any claims which might be made as the result cf customers’ losses tn the burglary would be made against the Grand National Bank and not against the new bank. “We don’t want our customers to be disturbed if the newspapers print stories about somebody's fil- ing suit against the old bank,’ Mays declared. To Discuss Plan Today. The proposed reorganization plan will be discussed at a direc- tora’ meeting today, and applica- tion for a charter probably will be made in the near future to the Comptroller of Currency at Wash- ington, Mays said. The new banking rooms designed for the Grand National Bank and nearing completion in the Continental Life Insurance Building at 3617 Olite street would be taken over by the new depository. Mays is also pres- ident and principal owner of the Continental Life Insurance Co., which owns the building. Mays estimated that about 60 days would be required to organ- ize the new bank and put it in operation. Mays also announced the rein- statement of Herbert, the cashier, and William A. Brittin, vault cus- todian, and the dismissal of Max Seufert, private watchman. Eer- bert resigned and Brittin was dis- charged because théy had been re- quired by police to furnish $50,- 000 bail each, pending investiga- tion of the burglary. Why Mays Fired Watchman. “Herbert and Brittin were re- moved because we didn’t want to do a single thing to interfere with the Police Department,” Mays eatd. “These boys are from Arkansas and we have confidence in them. The bank has been criticised as having too many people from Arkansas. I have known these men for years. I used to sleep with Herbert back in 1907 and I have utmost confi- dence in both of them. “T fired Seufert because he didn’t satisfy me when I questioned him yesterday about the precautions he took and what he did during the night before the burglary.” This afternoon, police went to Seufert'’s home at 1222 Hickory street and took him into custody for pron ae by Chief of Detec- out, and. White was notified by the | ni. ae aE EIEN ated a - : - a Neth gps or POA eee on a ieeneieen ent ol ie, eet werebeted IE itm. 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