f28983dbAccommodated withdrawals, Full suspension, Books examined
Other: Bank officials (former president and cashier) arrested on forgery charges; state banking department closed the bank.
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BANK OFFICERS HELD BRYAN, O., March 5.-The Citizens State bank at Pioneer, near here, was closed today while O. H. Claudon, president and P. E. Thorne, eashier, were at liberty on heavy bonds pending hearings on forgery charges. The arrests fol lowed a run on the bank by depositors late yesterday just before the arrival of state banking officials, who closed the bank and caused the arrests.
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Battleground in Corn Borer War and Leader BORER HELD BANK Will $10,000,000 Campaign be World's Greatest Battle With Insect. BY O. KILE. March largest experiment in insect control under Congress appropriated $10,000,000 for corn borer week and within another week the legislatures in the five involved enacted the necessary enabling legislation, expected, and the campaign will By May every one farms in the area will been inspected and before June the necessary clean-up completed entire campaign will occupy than three the cotton boll weevil started and Texas and Louisiana score comprehensive plan check progress The scale, permitted spread throughout the country. Some has been attained confining the gypsy moth York-New the the Mexican boll stopped distance Mexican border. But never before has government taken hold vigorously and spent money freely an insect on such large reason for this extraordinary effort against borer just found, first, the great spread noted the second. that spread down the Ohio Mississippi valleys would probably much reached the headwaters of these rivers. It will be necessary recruit carry out the control project three the twentycounties in Michigan. six and York. leaders already been chosen from the state and will the men to train the county inspectors. Ten twelve inspectors will needed for each county, thought. In addition large hired found that any large farmers neglect their work. authority go the fields crews the necessary work. and charge the the owner's taxes. county will regulamade farmers. Each will its regulatory composed of local farmers. The pectation that these will shoulder most the responsibility of getting each farmer his lands treatment specified the borer. large share of the campaign will consist work. Every kind publicity will call attention the necessity action farms in the designated Equally widespread information on schoolhouse counties least one meeting will held to explain farmers must do with last year's corn Three hunsets of large charts have for among these meetings. culars and newspapers articles for these to the that campaign the clean up methods must include. On May comes day of reckonthat must have his corn land work finished by that date. The inspectors will watching for the laggards the violators. these cases the inspectors take own crews and worth machinery enter the destroy the stalks stubble charge the cost back the The respective state agriculture are the source this authority. Co-operating farmers who have gone extra trouble plow under destroy last year's and Nearly the for this purpose, estimated. After the form borer begins May further work useless and the campaign the period trained up on the tiguous whether the methods used been effective stopping the spread of the borer. Frankly this experiment. An elaborate experiment, will really hold the will its and give time to develop better methods. Ten million dollars seems like lot money to bet project this kind. But not much risk effort to protect 000,000 now seriously threatened. Former Officers Admit Forgery as Williams County Institution Closes. (Plain Dealer Special) BRYAN, O., March state banking closed the Citizens State bank of Pioneer, near here, following run on the bank yesterday. Charged with forgery, D. H. Claudon, former president, and Throne, former cashier, pleaded guilty before justice of the peace last night and were bound over the county grand Bonds fixed at $7,500 each. The grand jury consider their when It convenes March 28. Claudon by officials to have obtained about $12,000 time. not divulged amount Throne was charged with taining The yesterday followed meetofficers the bank the office County Weaver. The arrest and Throne the decision to close the bank The Citizens bank was organized state institution years showed resources $272,000. The present N Rhoads, said today that The failure the second bank Exchange Bank ing closed months
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CITIZENS BANK AT PIONEER CLOSED BY STATE OFFICERS ELY AND COULON FILE BANKRUPTCY Claudon, Throne Plead Guilty to Forgery Charge Pioneer Partners $25,DEPOSITORS WILL 000, $9,000; NOT LOSE, SAID Gump Incorporates The firm of Ely Coulon, clothing merchants, Pioneer, filed tion in bankruptcy federal court at Toledo Thursday, firm, and each partner as an individual. The liabilities for the firm are given assets, The liabilities of William W. Coulon are assets, The liabilities of George M. Ely are as assets, $404. The Frank Gump Company of Montpelier, was incorporated in the office of Secretary of State Clarence Brown last week, formed for the purpose dealing general merchandise, both retailers and wholesalers. The capitalization named $5,000.00 divided into five hundred shares of no par value. The incorporators Frank Gump, Maude Victor Robert Sargent and Henrietta H. Heth.
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Red Man Pros Play Wauseon Monday Night high-class basketball attraction billed for Bryan Monday ning when the Red Man Professionals will encounter the Wauseon The Terrible Chiefs" boasting of some of the best basket ball Ohio and have been winning regularly since the early part of the season. The Red Man Five played here early in the season, losing to the local team at that time. but since have revamped their club with an entirely new lineup. Among their star players are Branders, star guard of the Holy Majors; Klein, center and Alexander, forward of Toledo The Wauseon Fireman also advertising several college players on their club this season and strengthening their weakest positions for this game. An added attraction for the fans will be the appearance of the trained police dog owned by Ed. Cannon, who manages the Red Men Club. The dog spells his name. out colors, unties handkerchiefs, lects money from blank checks and picks out Red Man tobacco packages from dozens of different brands. A preliminary between Montpelier high reserves and Bryan high will start at 7:30. Rev. and Mrs. Lake of Ind., were guests in the home Mr. and Mrs. Michael Friday Run on Bank Friday Follows Conference in of Prosecutor Weaver The Citizens State Bank, at Pionin the hands of the state banking department, closed Friday afternoon following run started about noon and D. H. Claudon, former president, and E. Throne, former cashier, are charged with forgery. Depositors will not lose cent, said, but the stockholders will suffer loss. Lisle M. Weaver. prosecuting atarranged for conference with bank officials and state banking representatives at his office on Friday afternoon. Word that this meeting was called spread rapidly Pioneer and those who heard, least many of them. started for the bank to draw their money out. Rhoades, cashier. and the other help in the bank paid the depositors quickly and until threethirty, when the bank was closed. Prosecutor Weaver had called the meeting to consider that had developed, which resulted in the indictments against the former president and cashier. who have not been connected with the bank this year. State banking department officials here were Skehan. Dudley Filler. William Monohan and Attorney Saffron. The affidavits charging Mr. Claudon and Mr. Throne with forgmade out by Mr. Filler and served by Sheriff Lloyd Bly in the prosecutor's office about five that afternoon. They mmediately had hearing before Webster, of the peace, pled guilty and bound over to the grand jury. Throne had but difficulty his bonds, set at properly signed, but Mr. Claudon worked Saturday quite while before he had signers to guarantee him. They are bound over to the grand which meets April 28. Officials of the bank attribute the present trouble of that institution to was organizer of private bank in Pioneer which, about four years ago, became the Citizens State bank. It is said that Mr. Claudon has forged notes to the tune of about Mr. Throne is said. has not benefitted any by the forged He papers. has been working in bank in returnto that city. Mr. Claudon organized private bank in Pioneer several years ago, about four years ago this being organized into the present state bank. is said that at that time some paper, that was not considered particularly good. was dropped, being takover by Mr. Claudon privately. He with the bank up until this year. The report of the condition of the Citizens State Bank on December showed loans on real estate of $64.other loans and overdrafts of The bank had little over $5,000 bonds and other securities, valued its banking house and furniture at and other real estate valued at Due from reserve banks and cash vault amounted to The total resources The capital stock paid in amountto surplus and undivided profits The total deposits at that time amounted payable amounting to the statement suggests, and officials this bank has made extensive loans on farm property two high valuations, so that it liable to lose great deal from assets.' Many of the stockholders are well very to do, it said. Mr. Claudon's transactions began several years and include forging notes and taking Liberty bonds, left with the bank for safe keeping, and selling these bonds. The money used by him in various ways, he was man who generally had several irons in the fire. How well Mr. Claudon covered these matters suggested by the fact that. after examination about year ago the bank was complimented on manin which it was being handled. The digging up of some of these matters locally was the cause of the vestigation which finally resulted Claudon's arrest. Mrs. Claudon has suffered nervous breakdown and serious condition. is said. Mr. Throne's involvement technical, said, and he did not proat all by the signing of any pers he did, presumably the at suggestion of Mr. Claudon.
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Citizens Bank Closed By State Officers Run Bank Late Friday on Afternoon Follows Conference With County Prosecutor The Citizens Bank of Pioneer in the control of the state banking Rumors became current Friday that the bank's affairs an muddled condition growing out of the management ginning prior to the institution into state bank and its incorporation in 1923 and news of meeting being held Bryan caused many of the depositors to start withdraw their Rhoads, cashier and Miss assistant cashier met Mary the mands of the depositors quick and until when the ordered closed. County Prosecutor Weaver called the meeting to matters that had which resulted in against the former president, Claudon and Throne former cashier, who have not been with the bank this year. State Banking department officials conference Friday were Dudley Filier, Skehan and Saffron. Affidavits charging Mr. and Mr. Throne with forgery made by Mr. Filler served by Sheriff Bly in the office that hearing before Webster, justice of the immediately where plead guilty and were the grand jury, Mr. bond fixed $3,500 which had but little difficulty in procuras his in the affair said be technical and he in no manprofits by of the forged paper. Mr. Claudon's bond was fixed at and signers to guaranhim secured Saturday. Mr. Claudon took the bank eral years ago and 1923 organized into state bank that time some securities not considgood dropped and taken by rM. Claudon privately and officials of the bank attribute the difficulties more less to uncollectable inflated loans, assumed prior to these were ap. parently covered and about year following visit of the state examiner the bank the manner in which it was handAccording to the statement issued the bank following of busclose iness Dec. had no extensive loans real estate at too high valuations it is not to lose but litvery tle from "frozen The stockholders are mostly farmers and not anticipated that the positors will lose dollar and that the troubles soon be cleared away and business But few of the busOness men or others are the outcome, under the present management.
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BANDIT ROBS BRYAN STORE OF GEMS Holds Up Proprietor at Point of Revolver; Escapes in a Green Chrysler Car (Bryan Democrat) A lone bandit entered the Jacobs Jewelry store here about ten-thirty Monday morning, compelled four persons to go to the back room and lie down while he scooped up diamonds, cash and jewelry. He then jumped into Chrysler car and drove to Archbold, parking his machine, which Marshal Nofzinger soon searched and identified as the bandit's car. All the loot from the Jacob's store was recovered, much of it done up in handkerchief. While officers were hunting him and excited citizens were gathering about the car he went into Roede] Short's clothing store and fitted himself out with suit and overcoat, and from that town made his escape. While selecting his clothes he suddenly flashed his gun and compelled George Roedel, P. Short and Joe Schmucker, customer, to go back into toilet, where he locked them in. He then went to the telephone central office and called the Day Buick Sales Co. and said he wanted a man take him toward Wauseon, where his car was in the ditch. He was asked to walk over, but replied that it was raining and he would rather not and SO Ervin Each drove over and him and they drove to Wauseon. He did not find his car and said he must be on the wrong road, so at Wauseon he paid $4 for making the trip and disappeared. Officers passed him on the road twice. A large number of Bryan men were in Archbold at the time, Mr. Jacobs being one of them. A suspect was arrested in Toledo Monday afternoon as he got off the T. car. He is held for identification. The young man entered the Jacobs jewelry about ten-thirty and said he wanted to look at some diamonds. Mr. Jacobs got out some stones and showed them to him and he finally selected one that cost $85 and was paying for it, when The suddeniy pulled out 45 revolver, pointed it at Mr. Jacobs and told him to "Stick 'em up. Mr. Jacobs complied and at the same moment he ordered him, Leo Schondel, who works there and Edward Seltzer, of Brooklyn, New York, traveling salesman who was in the store at the time, to lie down, which they did. He propped stool against the outside door and made the men go into the back room and lie down warning them to keep quiet and not move and gathered up some of the diamonds and other jewelry convenient, and departed. The men there did not know when he left, and so it was several minutes after he departed before they turned in an alarm. Charles Grim was the first to respond, and immediately calls were made to the surrounding towns, notifying officers, and at the same time Sheritf Lloyd N. Bly, with Deputies Don Isenhart and Roll Newcomb, started in pursuit. The bandit was in green, Chrysler roadster, it was believed. A short time after the robbery such car was left near the T. & depot at Archbold. When Marshall Henry Nofzinger received word of the robbery and description of the car he searched the machine that had been left there and found watch, braceletmand other jewelry tied up in Mhandkerchief and some change. Sheriff Bly arrived in Archbold about that time and they started on a search for the man. It is believed this bandit had been in town an hour or longer, sizing things up before he went to the Jacob's jewelry. He had driven by the Schuck jewelry several times, it is said, looking Hugh Lindsey noticed the car of the visitor parked on Main street and stepped into Culbertson's drug store and said that the car was similar one described, the owner of which was wanted for several daylight robberies at Vermillion and Elyria. His jobs in those places were similiar to the ones here and at Archbold. C. F. Kusmaul, farmer who lives east of Bryan, stepped into the store just as operations began. He opened the door, not realizing what was going on and the man swung around toward him, his gun held in his left hand. 'He ordered Kusmaul to join the other men, who were lying down in the store, and he searched them for guns. He then ordered them to get up and march to the back of the store and lie down in the back room. He then took Mr. Jacobs into the front room to open the safe, which was unlocked, and then sent him back into the back room. The men were inclined to raise their heads and look out and he shouted to them to keep their heads down if they did not to have them blown off. He worked speedily, and as he was leaving pretended to meet some one at the door, ordering him to hold up his hands. Mr. Schondel yelled asked, "are you through out there and there being no reply they got up, one by one, and got to the front of the store, Mr. Grim being first to enter after the robbery. Mr. Kuszmaul describes the man as the others did, short, fairly heavy, round faced and rather good looking with gray coat and gray cap. At first Mr. Jacobs believed that the visitor had carried away a tray of diamonds, but after he returned from Archbold he learned that this tray had not been touched. While Mr. Jacobs was opening the safe the bandit stood guarding him the back room, and when told that there was no money in the safe h@ threatened Mr. Jacobs if he found any, and was shown the bank book which proved that he had deposited that morning The bandit probably failed to rifle the safe because he feared to work long there, as it left the men in the SCHOOL NOTES Tuesday, March 8, 1927, the seventh grade in room and room debated. Those on the affirmative side were: Wanda Dunlap, Willard Frager and Melvin Callender. Those on the negative side were: Herald Lirot, Everett Stauffer and Cleland Thiel. The debate was: 'Resolved that people should cross the street only at street corners. The affirmative side won, score being 21 and 16. Both sides did well for it being the first time. The negative side gives their appreciation to the judges, Harriet Casebere, Clementine Goebel and Verla Walter. We are willing to be good loser as well as good winner. Another debate be given Wednesday, March 16, 1927. Just wait, we will win next time. of One on the Negative Side. The seventh grade Hygiene class will give two small plays Thursday morning in room 4. The plays were written by two members of the class. The titles of the plays are: "Working For Safety and "Vernon's Safety-first Club." PIONEER BANK CLOSED The Citizens' State Bank at Pioneer, this county, was closed Saturday while D. H. Claudon, president, and E. Throne, cashier, were at liberty on heavy bonds, pending hearings on charges of forgery. The arrests followed run on the bank by depositors late Friday just before the arrival of state banking officials, who closed the institution and caused the arrests. Dudley Filler, after a conference with William Monahan and Attorney Saffron of the state banking department and Prosecutor Lisle Weaver of Williams County, caused the arrest of the Pioneer bank officials. Their cases will be presented to the grand jury March 28. back room uncovered. He threatened them all many times during the robbery.
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Items of Local Interest. The road two miles west of Edon the state line to be improved this summer. Officers of the meet will for practice, Friday evening, March 25 Ned Sprow, senior in Bryan high school has received an appointment the S. Naval academy at Annapolis Officials of the county schools have decided to discontinue the literary contests which have been usually held March. It is said the onion crop of 1926, in Indiana, 3,160,000 This exceeded the amount raised in any other The first Teachers' Examination the year will be held April 1927, the Bryan High School building, ginning at Vertile Glime and wife are moving from the Kast house to the farm his father near Alvordton. This leaves house in town vacant. Williams county has spent about of three million dollars for improved roads, according to found Davis, deputy in Surveyor Mick's office. The closing of the Citizens Bank of this village made the funds of many of the business at and them to send out statements to collect accounts. Mrs. Thelma Cunningham of Camden who was seriously injured by beof Ing run down and dragged by an automobile last week getting along well could be expected. Mrs. Fauver was stricken last Friday afternoon with nervous the result of low blood and shock. She will no doubt confined to her bed for eral days. Auditor Stuller of has named Bryan D. Neill of Montpelier as sealer of weights and measures subject to the approval of the who will also have the fixing of the salary of the official. The Williams County Ministerial meeting held under the auspices of the Ohio Council Churches will meet at the Pioneer church on April 10 Ministers especially are invited. By emergency legislation which makes become effective at once an council passed measure to levy of of mill tax to for pay police and fire protection about $6300 thus be raised and will pay these expenses for the rest of the year. Mrs. Young, residing west of town, underwent operation at Flower hospital at Toledo, Monday She getting along nicely, Anyone wishing to write to her, address, Mrs. the Levi Young, Room 209, Flower hospital, Toledo, Rural carrier, Chas. Wiley taken suddenly sick just was ready to start with mail Thursday last week and was unable to make the and as no substitute was available there was service on Route No. on that date. her The Defiance District Conference will be held at the Pioneer church some time in April. About fifty preachers and special expected and laymen from sevenof more churches. Watch for date later. Co-eds at Western State Normal Kalamazoo, are an terclass volley ball series for the under they of the woman's physical education facin ulty. Among the students taking part Misses Cox May and Alberta Moore Pioneer. Nelson R. Masters, aged 84, Civil and War verteran died at his home Hillsdale last week. He was one of teen children, four whom are living, Wm. Masters and Mrs. Ida Barkley of Pioneer; Masters of Hamilton Ind. and Frank Masters Portland, Ore. He leaves neer son Welby Masters; two daughters, Mrs. who Hattle Drake and Mrs. Luella into Schilling. For number of Mr. Masters years sided farm near Lickly's Corners. Burglars broke into two places of Stryker, Tuesday night of last week. the office of the Farmers' sary, Exchange Elevator Co., the combination broken from the safe and an electric drill used to open They took $100 cash and diamond ring and $50 bond. The two her by Frank the hew manager. radio valued at $200 also taken. The office of the Ford ker Lumber entered. unlocked. The thieves 12 cents the money drawer. Sheriff Bly investigating,