The Bismarck Tribune Newspaper, December 28, 1930, Page 2

SPECULATION TOOK MOST OF FORTUNE Was Sentenced Friday to Term From 10 to 100 Years In Prison AROSE EARLY, WORKED LATE| Grew Up With Hollywood, and Worked Up From Position of Office Boy Hollywood, Calif., Dec. 27.—(NEA) —A man who took $8,000,000 of other people's money but did not use a cent for his own ‘1 pleasures or for his family’s—that is the unusual. de- scription that is being applied today to Gilbert Beesemeyer, head of the defunct Guaranty Building & Loan association, who Friday was sen- tenced to serve from 10 to 100 years in prison. Beesemeyer, dubbed “a modern Ponzi” by the 20,000 investors who lost their money when his company crashed, was a reserved and myster- ious figure before the crash. Now that his immense defalcations have been discovered his path is more mysterious and involved than ever. Most large-scale embezzlers live high while it lasts. Not so Beese- meyer. With his wife and his 17- year-old son Elmer he lived the mod- est life of a man on a salary of $500 a month. He drove a medium-priced automobile and provided his son with a small coupe. A small one-story bungalow, precisely like countless others in Hollywood, was his home. It was quiet and comfortably fur- nished, and never was the scene of wild parties or lavish entertainment. Beesemeyer neither smoked nor drank. He arose every morning at 6, and almost always he was in his office by 7. He worked through the entire day until evening; and very often he would rush through his dinner, go back to his office and spend the en- tire evening there. He did not mingle much, and when his office work did not claim his evenings he spent his time at home with his fam- ily. Yet few men have ever been ac- ‘than the one which he ° confessed of following his arrest. Blames -Speculation Apparently unwise investments and speculations accounted for most of millions. The thefts investment, He took ed it badly, lost it and took more. The contrite, and said he worried only about the prospect of returning the money to people who had entrusted in complete charge of the Guaranty Building é& Loan association and ‘Was a director in the United States Guaranty corporation, California Mu- tual Building & Loan association, Ventura Guaranty Building & Loan, Harbor Building é& Loan; Bank of Hollywood, North American Bond & Mortgage Co. and several smaller | organisations. STICKERS THE BISMARCK TRIBUNE, er Embezzled $8,000,000 But Did Not Indulge in Luxuries! Lions Aid Dickinson Red Cross in Drive Dickinson, N. D., Dec. 27,—The Lions club of Dickinson is given much credit for the success this year of the annual Red Cross drive which more ‘than trebled the usual quota of funds for. local county charity work in co- j Operation with the American Legion and Legion Auxiliary. . Under County Chairman F. P. Whitney, Olty Chairman E. F. Ring- lee, and Drive Chairman E. W. Tobin, $1,000 already has been reported and there still are some small contribu- tions probable, including one village which has not yet been solicited and has only contributed $5 in member- ships and donations. Hazelton Woman Hurt In Household Mishap! Hazelignn, N. D{ Ded. 27~Mrs. A. F. ‘Kartz, local woman, narrowly escaped ‘was operating her washing machine. Her ‘clothing was torn from her body and she was hurled violently to the floor. PRACTICAL COURSES ceived From School Money Spent Dickinson, .N. D., Dec 27.—Professor E. 8. Hatch, dean of men at the state normal school here, questions wheth- er North Dakota is getting full value out of the money spent for education, 65 cents of every dollar i taxes, he told his fellow members of the Lions service club in addressing them on the subject of vocational education or training. “We are not getting our dollars worth, if our schools turn your boy or mine ouf with an education only in the three R’s and no knowledge of the vocation into which he is going wo make a living,” he said, that every boy and girl has the right to an education in the line he desires to follow, * He illustrated his remarks with charts and figures from personal in- vestigations and surveys and urged the Lions to aid in the promotion of vocational training in high schools and colleges saying that the present nothing about the work they ure go- ing into to “earn a .jneal ticket.” CAPITOL THEATE “Outside the Law,” a thrilling story- of the underworld, with the ravishing Mary Nolan in the role, forms the next attraction at the Capitol theatre, opening its engage- ment next Monday. “ to advance reports from Universal City, neither time nor money was spared in the production of this all-talking screen drama, and the result is a picture of unusual ex- cellence. One especially lavish scene represents the Chinatown section of &@ metropolitan city, two blocks in length, and crowded with a motley collection of interesting “types.” An exciting sequence detailing the robbery of a bank was made in on of, the Iéading financial institutions of Los Angeles, members of the cast stirring and unexpected clmiax ever brought to the silver sheet. Mary Nolan has the principal role with Owen Moore, playing opposite her. Edward G. Robinson, whose fame on the Broadway stage is well known, plays the character of the. gang eager, PARAMOUNT THEATRE The most pretentious unt toric pidheer trek of 100 years ago that in the winning of the West, been completed by the Fox Fim ion under the direction of mount Theatre for two days begin- ning Monday. Starting April 20, Easter Sunday, Walsh led a company of 575 including players, technical men and miscel- Fortunately’ no bones were broken although she sustained severe bruises that kept her confined to her bed for my | (Gtiekley Solution on Editorial Page) |several days. gE £ é , ; | [ ne i E E : é g i E BEES Fass 2 F 5 FY esd I g 3 iz s 5 ; g I F ! | E i ot by Fy 2H i if i i 2 il Ha E z : I E a ° 5 g Fy E ‘ 8 & 5 E pelt § > By at bed fie (Copyright, igri P laneous eral help, over a route of 4,300 n passing through seven states anti requiring more than four months. The film is epic in treatment in Evening earl was heading for the open sky and ee SP are some ts from the she kept on trip:— happened? The great ship has ! It is heading for the epen sky! And I am aboard! Unsuspiciously, 1 accepted Frank Thorn- ton’s invitation, with Mrs. Frayne, my companion, to inspect the skyship on which I was supposed to make the tour, start- June 19—What. moved out of its ing three days hence. 1 had no intention of doing so. 1 was planning, instead, to elope with my aviator-lover, Jack Stone, who was to meet me at Lak from Hollywood, where he has been doing movie stunts. But ow? Here I am, lured, trapped, almost kidnaped Queen of the Skies! ously ehurst, flying non-stop t . and a prisoner on the greatest and the firs t only American | AT THE MOVIES uid URGED BY PROFESSOR} Instructor Questions Value Re-| that it records the spirit of @ mass ‘phenomenon. Walsh’s stated purpose been’ to picturize @ mighty surg- gz wave of humanity coming from the East into the West, land nungry, fberty hungry, home hungry, turning their faces toward the wilderness and pushing into the setting sun. Ais Big ‘Trail does not represent any one of e numerous routes followed in the Years after the first pioneer wagon train left Missouri for the land be- yond the Rockies. It is rather a com- Posite of all these trails. \dertaking in motion picture history, a re-enact~|.¢ ment on movietone film of the his-|/ Walsh. The picture, “The|* Big Trail,” will be shown at the Para-| > Brittin By ORVETTA DUTTON Mrs. Kimball was quite seriously injured while on her way to the Morton Christmas program Friday ening. Tle sled in which she was riding was broken and she was thrown against the side with con- heeled, force. A doctor was called he next morning and he found she thad suffered a broken rib, besides being badly bruised and shaken up. the is, at present, being cared for fat the home of her son, Dutch. Irene Johnson and Maxine and lodney Allensworth are spending |f ir” Chri mas, vacation at the Henswot , hye farm: Mrs. O. U. Dutton was called to ‘Eau Claire, Wis., last week on busi- ness. She was ompanied by her pon, Jackie. While there they visit- ‘ed relatives and old friends. ‘They immed as far as Moffit where Dutton’s two sons are in high ‘school, Wednesday afternoon, and ‘attended the class play that evening. {s Junior Whiteaker accompanied his ister and brother-in-law, Mr. and Mrs. Tim Sullivan, on a motor trip to Minneapolis, where they will visit their sister, Mrs. Estella Anderson, Mrs, M. M. Dralle and children spent Saturday at the Orin Dutton home. The ladies’ spent the day in making Christmas candie: Mrs. Jason Hoover left Saturday morning by train for Osakis, Minn., where she will spend the holidays with her parents and other relatives. E. M. Whiteaker left Saturday morning by train to spend Christmas with his daughter, Mrs, R. Andersoi of Minneapolis. M. M. Dralle and family and Orin |] Dutton and daughter, Becky, attend- ed the class play at Moffit Wednes- day night. Miss Jennie Eggen gave a very nice Christmas program at Telfer school No. 2 on Thursday night and Miss Lillian Lee at Morton on Fri- day night. The teachers left im- mediately for their respective homes.: Mr. and Mrs. Henry Crawford and daughter, Eleanor, and Mr. and Mrs. O. U. Dutton-and son, Charles, were Christmas*shoppers in Bismarck on Monday. . Clarence Beard is assisting with the chores at Whiteaker’s, Mrs, Alfred Slovarp is confined to her bed with a serious attack of rheumatism, Her many friends hope Ri aie a ep Dut! are ries nm spending their: Chceine holt omit Mrs. A. Geoynonoi son, Harold, left Monday for Salt Lake City, Utah, where they will spend some time visiting relAtives. MAITLAND TO MARRY San ‘Antonio, Tex., Dec. 27.—(P)}— Lieut. Lester R. Maitland, who flew to Hawaii, and Mrs. Kathleen Mc- San Antonio, have and ze me i E 3 i Ei th i ' RATE REDUCTION S PLAN OF RALROADS Consider. 2-Cents-a-Mile Pas- senger Rate For War With cents a mile on‘ four divisions as an experiment to see if the lowered fare ie it : i n | Thursday. the Christmas program Frida; ht. Elder Hineas was @ Sterling caller Monday. i a Mrs. Sam 5 Barinene’ College in, Bismarck jusiness College in Te turned = Sunday to spend Chirst- ear’s, 4 ali A j é. ae i Py, i if 5 68 aii ii wil Peat Fe ‘Anthent: ‘ 31, , Thursday, 7:30 Boot. Mott © Siena rte Sermon. “The Spiritual .Glow.”— Walter: E Yater: : Organ. lude-—Wilson. |. es forall ). ve : 10 a ents school, : =: Rage gn : Mr. tt Al Off three day: darted ward 1 Off for WO glisca “whee ‘was appening. Ail- 6 att mS Upes ped beet cast cir, bundrege mont unitormed Do swarming vered thousands of sightseers were speeu- ie ag ah the "mein corfidar, where'd ‘ate tracted gttention by my frens.ed Hit Sage f 3 F) i i FA fe iH 5 § pee eae me i H E il iw t me in an sdrolt to my tet a ‘Thornton entered unan- aaa "a a 4 Ready for 8 prom- 55 _F