You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
DIKKON EBERHART<br />
such a condition. Meanwhile, the banks wanted a clean slate.<br />
No charges were brought against A.L. related to the embezzlement.<br />
However, the bankers, and perhaps Hormel himself,<br />
wanted Eberhart gone. Grandfather had shared an <strong>of</strong>fice with<br />
Thomson, and there were those who felt he must have been<br />
aware <strong>of</strong> what transpired, or at the least, that he had failed to<br />
exercise due diligence. He was, after all, superior to the crook.<br />
He was second in command at Hormel. It had been his duty<br />
to keep a sharp eye.<br />
Too, A.L. was not a Hormel. This was a family company,<br />
after all, and my grandfather was not part <strong>of</strong> the inner circle,<br />
whatever his value and skills. <strong>The</strong> company had just been dealt<br />
its most dangerous blow, and it was fighting for its very existence.<br />
It needed to concentrate on what was most precious.<br />
Eberhart, for all his good qualities, was not indispensable. And<br />
in any event, the Hormels could get their stock back, cheap.<br />
How badly, in the end, was Hormel hurt? By September,<br />
Thomson was in Stillwater prison serving a fifteen-year term.<br />
Oak Dale Farms and the Oak Dale Park were owned by Hormel.<br />
A.L. Eberhart’s stock position was restored to company control.<br />
And Jay Hormel, son <strong>of</strong> George, is reported to have said to the<br />
mayor <strong>of</strong> Le Roy that the embezzlement, which was a national<br />
media circus fueled by its Robin Hood appeal and carried in<br />
1,300 papers across the United States, provided a bonanza in<br />
free publicity.<br />
A.L. was in his midfifties at the time. He had worked for<br />
Hormel for twenty-one years. He was a man at the height <strong>of</strong><br />
his powers. He was well respected by his peers elsewhere in the<br />
industry, and that proved to be a good thing. After my grandfather<br />
was let go at Hormel, George Swift, creator and president<br />
25