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The Middleburgh Post
Middleburg, Snyder County, Pennsylvania
What is this article about?
In Kansas City, Frank Siegel, former president of Siegel-Sanders Live Stock Company, was arrested on May 20 for embezzling $5,000 and released on $2,000 bond. Frank Rockefeller, a major shareholder, sued last week, alleging $100,000 loss due to Siegel's mismanagement, leading to a receiver's appointment.
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Kansas City, May 21.- Frank Siegel, late president of the Siegel-Sanders Live Stock company, was arrested yesterday, charged with embezzling $5,000. He was released on a $2,000 bond.
Frank Rockefeller, who owns a controlling interest in the stock of the company, last week filed a suit in the circuit court here, which resulted in the appointment of a receiver. In his petition Mr. Rockefeller alleged that the company had suffered a loss of $100,000 as the result of Siegel's peculations and mismanagement of the company's affairs.
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Domestic News Details
Primary Location
Kansas City
Event Date
May 21
Key Persons
Outcome
arrested and released on $2,000 bond; company suffered $100,000 loss; receiver appointed
Event Details
Frank Siegel arrested for embezzling $5,000 from Siegel-Sanders Live Stock company; Frank Rockefeller filed suit alleging $100,000 loss due to Siegel's peculations and mismanagement, resulting in receiver appointment.