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DEFAULTER NOW INMATE OF ASYLUM lowa Bank Cashier Is a Maniac and May Never Recover His Reason-Receiver To Be Appointed. OTTUMWA, Iowa, April 30.-Leroy Ware, the defaulting cashier of the Farmers and Drovers' bank of Seymour, which recently went into the hands of State Bank Examiner Leland Windsor, is a maniac, and, in the opinion of his physician, may never recover his reason. It is the general belief that if Ware survives the delirium into which he was plunged when his shortage was discovered he will end* his days in an asylum. The latest development in the case, asfde from the condition of Ware, is the fact that a receiver will be appointed for the institution and its affairs wound up. Attachment suits were begun against Harlan Marsh and two others, who are believed to have secured the loans that accounted for Ware's shortage. These men, according to a statement made by Windsor, who discovered the shortage, are believed to have secured large loans for speculative purposes from Ware, and all records of the deals were kept off the books. Ware, when he confessed his shortage, asserted that he did not benefit from his transactions in receiving deposits without making them a matter of record on the bank's books. He claimed that pressure had been brought to bear upon him to lend this money to wealthy men in the community, but he refused to make public the names of the men he claimed profited by his dishonesty. Marsh was believed to be one, however, and two others were suspected as having a part. In the proceeding and attachment suits begun against the trio, tying up their property until the matter can be brought into the courts. Marsh executed a deed to valuable Appanoose county land to secure the bank. "The shortage will be much more than $100,000, and will doubtless reach close to $200,000," said Examiner Windsor this afternoon. "How much more it will be I can not say at this time, but it is sure to reach that figure." The Farmers and Drovers' Bank is the direct descendant of the oldest bank in Seymour. There was first a private bank, then a small savings bank and twelve years ago the institution became a state bank under much the same management as that which controlled it at the time ExamIner Windsor took charge of its atfairs. Ware entered the employ of the bank fourteen years ago and gained the confidence of the officials. Mrs. Ware, the youthful wife of the defaulter, says her husband was forced into what he did. Further than that she refused to discuss the case. Mrs. Ware, mother of Ware, says her son will be vindicated, but predicts that he will not live to see it.
