on March 4, four days after he disappeared, the Plainview State Bank was voluntarily closed and state examiners came to Plainview to begin work. On the following day the search for Sylvester was placed in the hands of authorities.
May 14 the grand jury returned indictments against E. L. Sylvester, his brother, George Sylvester, Arthur S. Kennedy and Adolph Stoltz. Some time later George Sylvester died at Plainview. Last November Arthur S. Kennedy was tried on a charge of making false entries in the bank’s records. He was found guilty by a jury at Wabasha and was sentenced to the state penitentiary. He is now serving his sentence there.
Shortly after his trial came the trail of Adolph Stoltz, assistant cashier. The case lasted more than a week, and much sensational evidence of Sylvester’s peculiarities was introduced during the trial. Many transactions by which Sylvester acquired funds were gone over in great detail and explained to the jury. The jury disagreed however, and County Attorney Foley announced he would try Stoltz again next May. Stoltz was charged with accepting deposits in the institution while knowing it to be insolvent.
On November 7, at Winona, bankruptcy proceedings were heard before Herbert M. Bierce, referee in bankruptcy at Winona. At this time sensational disclosures were made by Senator James Carley representing the bank’s depositors. He revealed, among other things, the amount of money spend by Mrs. Sylvester and by her son Edwin and went into great detail.
Plainview Folk "Tickled" at News of Capture of Missing Banker
"They’d better not bring Sylvester back to Plainview." This is the threat made in the village of Plainview today when its citizens learned that Edwin L. Sylvester, their banker, who is alleged to have embezzled approximately $120,000 of the bank’s funds, was captured last night at Gulfport, Mississippi.
The town of Plainview was jubilant over the news of Sylvester’s apprehension. As soon as word was received is spread like wildfire, and in a few moments everyone was talking about it.
"It’s the best news we’ve heard in a long time," said one citizen. "We’re all tickled down here."
Some of the citizens were inclined not to believe the report when it was first received. "It’s only another rumor," they said.
But when confirmation came from County Attorney John R. Foley, the man who has been behind the search for the missing banker, the citizens were gratified and
* SOURCE: Manzow, Ron (compiler), "The Sylvester Family of Plainview, Minnesota - a collection of information taken from the Plainview News, other newspapers, letters, and diaries beginning in 1884": Plainview Area History Center, 40 4th St. S.W., Plainview, MN 55964. Compiled in 2001.
NOTE: from Ron Manzow, December 2001: "Feel free to reproduce the pages for anyone who wants a copy. It was
compiled to be shared... All I ask is that they consider sending a check to the [Plainview Area] History Center to help us out. That
should be enough."
NOTE: from Ron Manzow, December 2001: "Feel free to reproduce the pages for anyone who wants a copy. It was compiled to be shared... All I ask is that they consider sending a check to the [Plainview Area] History Center to help us out. That should be enough."
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