6327. First National Bank (Tipton, IN)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
6251
Charter Number
6251
Start Date
July 26, 1909
Location
Tipton, Indiana (40.282, -86.041)

Metadata

Model
gpt-5-mini
Short Digest
676a470f

Response Measures

None

Description

Assistant cashier Noah R. Marker absconded with large sums, prompting directors to suspend the bank on July 26, 1909 while examiners inspected the books. Stockholders made up the shortage and the bank reopened in mid-August (reports cite Aug 16 and Aug 20). No clear run (large withdrawals during open hours) is described; depositors gathered but reopening occurred.

Events (4)

1. May 12, 1902 Chartered
Source
historical_nic
2. July 26, 1909 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Assistant cashier Noah R. Marker absconded with between $50,000 and $110,000 (reports vary), emptying the vaults and revealing long‑running shortages/defalcations; directors suspended operations pending a national bank examiner's investigation.
Newspaper Excerpt
The First National bank of this city is closed ... N. R. Marker, assistant cashier of this bank, has absconded with all its cash. The treasury department at Washington has been notified, and the bank will remain closed awaiting the department's instructions.
Source
newspapers
3. August 16, 1909 Reopening
Newspaper Excerpt
No Run on Reopened Tipton Bank. ... The First National Bank, of this city, which closed its doors July 26 ... was reopened for business to-day.
Source
newspapers
4. May 5, 1927 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (22)

Article from The Salt Lake Herald, July 27, 1909

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TOOK ALL THE CASH ON HAND Assistant Cashier of Indiana Bank Made Getaway With a Tidy Sum. Tipton, Ind., July 26.-The First National bank of this city is closed, and its assistant cashier, Noah R. Marker, has disappeared, taking with him between $50,000 and $60,000, which was all the cash in the bank's vaults, Saturday afternoon. Marker, after taking the money, set the time lock on the safe so that it could not be opened until 9 o'clock this morning, and left. the city. Marker left a note on the desk of his brother, William Marker, cashier of the bank, saying he had gone forever, and that he had taken "enough money to pay his expenses." Whether or not Marker had previously taken money from the bank's funds and covered up the defalcations by making false entries in the books, cannot be known until the arrival of a national bank examiner. The directors decided to suspend operations until the examiner takes charge. They posted this notice: "N. R. Marker, assistant cashier of this bank, has absconded with all its cash. The treasury department at Washington has been notified, and the bank will remain closed awaiting the department's instructions." Cambrian day, Saltair, Thursday, July 29.


Article from The Montgomery Advertiser, July 27, 1909

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CASHIER TAKES CASH NOAH R. MARKER WRECKS BANK IN INDIANA. Sweeps Together About $69,000 of The First National at Tipton, leaves Note to Brother and de. parts. Tipton, Ind., July 26.-The First National Bank, of this city one of the old financial institutions or Norther Indiana, is closed and its assista cashier. Noah R. Marker has disappeared, taking with him between $50000 and $60,000, which was all the cash that was in the banks vault's at the clese of business last Saturday afternoon. Marker, after sweeping together the money, set the time lock on the safe, so, that it could not be opened until 9 o'clock this morning and left the city on a traction car for indianapólis at 8 o'clock Saturday evening, telling his wife that he would spend Sunday with his father in Indianapolis. Nothing more has been heard from him here. Marker left a note on the desk of his brother, William Marker, cashier. of the bank, saying that he had gone forever. and that he had taken "onough money to pay his expenses." The fact that he had empled the cash box of nearly $60,000 was not known until the time lock gave admittance to the vault this morning. Whether or not Marker had previously taken money from the bank's funds and had covered up the defalcations by making false entries in the books, cannot be known until the arrival of a National bank examiner. The directors of the bank decided to suspend the bank's operations until the examiner should have completed an examination. "I do not know," said E. W. Shirk, president of the bank "the condition of the banks funds, but I do know that we shall pay every cent of indebtedness." William Marker said he felt sure that his brother would return in a few days. "He has been worrying over getting bonds out of his hands until he is mentally Jeranged," said Mr. Marker. Noah Marker was connected with the bank nineteen years. He was the unsuccessful republican candidate for mayor of the city four years ago. He was an active church member.


Article from Rock Island Argus, July 27, 1909

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CLEANED VAULT Defaulting Cashier Left Tipton, Ind., Bank Unable to Do Business. AMOUNT IS NOT KNOWN Directors Force Small Ohio Insurance Company Involved Into Receivership. Tipton, Ind., July 27.-How much more than $85,000 is missing from the First National bank of which Noah Marker. who has disappeared, was assistant cashier, continued today a secret locked from the public behind the doors of the institution. Early this morning little groups of county and townspeople, among them anxious depositors of the bank gathered near it curiously reading and discussing a placard announcing that Marker had absconded with all the banks available cash and that the institution would be closed until further instructions had been received from the treasury department at Washington. Bank Examiner Frazier was expected to arrive today to take charge of the books. Ruins Insurance Company. Lima, Ohio, July 27.-The First Na tional bank of Tipton, Ind., today entered replevin proceedings for $40,000 in Cuyahoga bonds placed in escrow here by the Farmers' and Citizens' Livestock Insurance company at the command of State Insurance Inspector Lemert, The action forced a receivership for the insurance company today. Set Time Lock. Marker, it is said, after sweeping together the money, set the time lock on the safe so it could not be opened until 9 o'clock yesterday morning, and left the city on a traction car for Indianapolis, Saturday evening, telling his wife he would spend Sunday with his parents in Indianapolis. Nothing more has been heard from him here. Marker left a note on the desk of his brother. William Marker, the cashier of the bank. saying he had gone forever. and that he had taken "enough money to pay his expenses." The fact that nearly $60,000 in cash was missing was not known until the lock gave admittance to the vault yesterday morning. The directors yesterday decided to suspend the bank, awaiting the result of the examiner's investigation of the books. The resources of the First National bank amount to $1,100,000. ) The capital is $100,000 and deposits $845,771.


Article from Omaha Daily Bee, July 27, 1909

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Bank Cashier Steals Large Sum and Flees Leaves Note Saying He Has Gone Forever and Slips Quietly Away. TIPTON, Ind., July 26.-The First National bank of this city, one of the old financial institutions of northern Indiana, is closed and its assistant cashier, Noah R. Marker, has disappeared, taking with him between $50,000 and $60,000, which was all the cash that was in the bank's vaults at the close of business last Saturday afternoon. Marker, after sweeping together the money, set the time lock on the safe so that it could not be opened until 9 o'clock this morning, and left the city on a traction car for Indianapolis at 8 o'clock Saturday evening, telling his wife that he would spend Sunday with his father and mother in Indianapolis. Nothing more has been heard from him here. Marker left a note on the desk of his brother, William Marker, cashier of the bank, saying that he had gone forever, and that he had taken enough money to pay his expenses. The fact that he had emptied the cash box of nearly $60,000 was not known until the time lock gave admittance to the vault this morning. Whether or not Marker had previously taken money from the bank's funds, and had covered up the defalcations by making false entries in the books, cannot be known until the arrival of a national bank examiner. The directors of the bank today decided to suspend the bank's operation until the bank examiner shall have taken charge of the books. Marker had been connected with the bank nineteen years. He was the republican candidate for mayor of the city four years ago, and was defeated. He was an active church member. He is 35 years old, and has a wife and two children.


Article from The Topeka State Journal, July 27, 1909

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HE WAS A GOOD FELLOW But Noah Marker Robbed the Bank of at Least $85,000. Tipton, Ind., July 27.-How much money is missing from the First National bank, of which Noah Marker, who has disappeared, was assistant cashier, continued today, a secret. Anxious depositors gathered near the bank today curiously discussing the placard announcing that Marker had absconded with all the bank's available cash and that the institution would be closed until further instructions had been received from the treasury department at Washington. Bank Examiner W. D. Frazer, of Warsaw, Ind., was expected to arrive today and take charge of the books. At least $25,000, it has been discovered, had been missing before Marker left. This brings the total of money missing so far as now positively known to $85,000. It is alleged that the interest bearing accounts of the bank particularly, have been manipulated. The total of these is about $400,000. As most of them were undisturbed by their depositors for long periods, it was comparatively easy to draw from them. The total deposits in the bank is $800,000. The institution has been extraordinarily prosperous under the management of William Marker, the cashier, and his brother, the missing man. In the last six years, according to the reports of the treasury department at Washington it has paid dividends of $200,000 on its capital stock of $100,000 or at the rate of 33 1/3 per cent. In business circles the Marker brothers have been known for years as the "best of fellows." With one exception, the bank has made a larger number of loans than any other bank in Indiana. Forces 2 Receivership. Lima, O., July 27.-The First National bank of Tipton, Ind., today entered replevin proceedings for $40,000 in the Cuyahoga county bonds. placed in escrow here by the Farmers and Citizens' Live Stock Insurance company at the command of State Insurance Inspector Lemert. The action forced a receivership for the insurance company today. Attorneys for the insurance company claim the Tipton bank has no interest in the bonds and declare the company is solvent.


Article from The Ogden Standard, July 27, 1909

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CASHIER ABSCONDS AND BANK CLOSES Tipton, Ind., July 26-The First National bank of this city is closed and its assistant cashier, Noah R. Marker, has disappeared, taking with him between $50,000 and $60,000, which was all the cash in the bank vaults Saturday afternoon. Marker, after taking the money, set the time lock on the safe 80 that it could not be opened until 9 o'clock this morning, and left the city. Marker left a note on the desk of his brother, William Marker, cashier of the bank, saying he had gone forever and that he had taken "enough money to pay his expenses." Whether or not Marker had previously taken money from the bank's funds and covered up the defalcations by making false entries in the books can not be known until the arrival of a national bank examiner. The directors decided to suspend operations until the examiner takes charge. They posted this notice: "N, R. Marker, assistant cashier of this bank, has absconded with all its cash. The treasury department at Washington has been notified and the bank will remain closed awaiting the department's instructions."


Article from Evening Times-Republican, July 28, 1909

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PROBES BANK AFFAIRS. Examiner-at-Large Seeks Cause to Arrest Tipton, Ind., Banker. Tipton, Ind., July 28.-Examination of the affairs of the First National Bank, was begun today by Miller Weir, examiner-at-large, to determine the exact amount of the losses incurred thru the alleged defalcation of Noah R. Marker. assistant cashier. Until Weir makes his report. It will not be known whether the bank shall be reopened, or shall be placed in the hands of a receiver. Secret agents of the treasury department are investigating Marker's life here, in the hope of discovering some clue that may lead to his apprehension.


Article from Rock Island Argus, July 28, 1909

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OPENS BOOKS OF THE BANK Examiner Will Find Out Just How Much Marker Stole. Tipton, Ind., July 28.-Examination of the affiffairs of the First National bank was begun today by Miller Weir, examiner at large, to determine the exact amount of the losses incurred through the alleged defalcation of Noah R. Marker, assistant cashier. Until Weir makes his report it will not be known whether the bank shall be reopened or shall be placed in the hands of receivers. Secret agents of the treasury department are investigating Marker's life here in the hope of discovering some clew that may lead to his apprehension.


Article from Los Angeles Herald, July 29, 1909

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TELEGRAPH NEWS BRIEF pleton's 19-year-old son and 17-year-old Taft Relative Killed - Mrs. daughter pending their mother's reWilliam Chase, said to be a relative of lease. President Taft, was struck and killed an Erie train at Middletown, N. Y., Physician Goes Insane - Dr. resterday. John Atcherly, a well known physician, who graduated from several English Elks Attend Fair - Elks' day colleges with high honors in medicine, the world's fair was celebrated by has been adjudged insane in Honolulu. nany members of the order yesterday Dr. Atcherly claims to have discovered Seattle. Grand Exalted Ruler J. U. a leprosy cure, the secret of which he Sammis was a conspicuous figure in claims several officials of the territory he parades. are attempting to steal from him. Recently he fired several shots at Dr. Woman Drinks Acid - Mrs. Wayson of the board of health. Caroline Guntern committed suicide in San Francisco early yesterday by takMurder Suspect Arrested - A carbolic acid. Her dead body was man said to resemble Jack Simpkins, found by her husband in the attic of wanted at Boise, Idaho, to answer a their home. charge of complicity in the murder of former Governor Steunenberg, is under Lambert Postpones Flight arrest at The Dalles, Ore. He gives Calais dispatches say Count De Lamthe name of Nels Nelson. The Idaho bert has decided to abandon his atauthorities have been notified. Simpempt to cross the English channel with kins has been missing since about the aeroplane until September, when time of the trial of Harry Orchard at hopes the weather will be more Boise in connection with the Steunensettled. berg murder. Official Indicted-Direct inforState Files Appeal-An appeal nation was filed yesterday in Seattle to the United States supreme court against former Comptroller John Ripfrom the decision of Judge Smith Mcinger on two counts, alleging that he Pherson in the Missouri railroad rate converted to his own use checks for cases was filed by Sanford B. Ladd, $500 and $260, given to him as comprepresenting the state, in the United roller. His alleged shortage is $80,000. States district court in Kansas City yesterday. In his decision Judge MeAppoints Supervisor - GoverPherson declared the Missouri railroad Gillett has appointed John C. Coch. passenger and freight law was conane a member of the board of superfiscatory and unconstitutional. visors of Humboldt county to take the place made vacant by the resignation Coal Heats in Hold-A cable of Hector McLeod, who has also remessage received yesterday by the San signed as representative from the Fifth Francisco Merchants' exchange from district. Punta Arenas, in the Straits of Magellan, says the steamer Arizonan of Confessed Murderer Heldthe American-Hawaiian company's James Cunningham, the laborer who fleet, bound from Norfolk, Va., to San shot and killed Miss Caroline Brasch in Francisco with coal for the United the office of a contracting firm several States government, arrived there yesweeks ago, offered no defense at the terday morning with the coal in comconclusion of his preliminary examinapartment No. 2 of her hold so badly tion yesterday in San Francisco and heated that the entire cargo will be was held to answer in the superior shifted before the vessel proceeds on court. her voyage. Secretary Kills Himself-John Bank Is Crippled-An examiStuart, who is said to have been nation of the affairs of the First Naconfidential secretary to James Hazen tional bank of Tipton, Ind., was begun Hyde when the latter was vice presiyesterday by Miller Weir, examiner at lent of the Equitable Life Assurance large for the treasury department, to society of New York, committed suicide determine the exact amount of the yesterday a short distance from his losses incurred in the institution, of cabin near Mukilteo, Wash., by shootwhich Noah R. Marker was the assisthimself in the body and head. ant cashier. Marker disappeared last Saturday. The shortage in the bank's Jail Escape Returns-George funds is $110,000. Until Mr. Weir Upshure, "absent without leave" from makes his report it will not be known state prison, where he was sentenced whether the bank will be reopened or or conducting a "blind tiger," walked placed in the hands of a receiver. on Governor Noel in Jackson, Miss.,


Article from Reporter and Farmer, July 29, 1909

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BANK'S VAULTS EMPTY Cashier Disappears With Over Fifty Thousand Dollars. Tipton, Ind., July 27.-The First National bank of this city, one of the oldest financial institutions of Northern Indiana, is closed. Its cashier, Noah R. Marker, has disappeared, taking with him between $50,000 and $60,000, which was all the cash that was in the bank's vaults. Marker left the city on a train for Indianapolis Saturday evening, telling his wife that he should spend Sunday with his father and mother in Indianapolis. Marker left a note on the desk of his brother, William Marker, eashier of the bank, saying that he had gone forever and that he had taken "enough money to pay his expenses." Whether or not Marker had previously taken money from the bank's funds and had covered up the defalcations by making false entries in the books cannot be known until the arrival of a national bank examiner. The directors of the bank decided to suspend the bank's operation until the examiner should have taken charge of the books.


Article from Rock Island Argus, August 5, 1909

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Tipton Bank Short $130,000. Tipton, Ind., Aug. 4.-President Shirk of the First National bank of this city, whose home is in Peru, Ind., reached here yesterday and went over the report that Examiner Weir is preparing for the department at Washington. Neither he nor the examiner would give out anything in respect to the report, but it is understood from other reliable sources that Marker's shortage, if the bad debts are considered. will run close to $130,000.


Article from The Mena Weekly Star, August 5, 1909

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on incomes." TIPTON SHORTAGE IS $110,000 Defaulting Cashier Got $50,000 From Time to Time-Bank May Not Re-open. Tipton, Ind., July 29.-An examination of the affairs of the First National bank of this city was begun to-day by Miller Weir, examiner at large for the treasury department, to determine the exact amount of the losses incurred in the institution of which Noah B. Marker was the assistant cashier. Marker disappeared last Saturday evening leaving a note saying "he could stand it no longer," and that he had taken "enough mouey to pay his expenses." Sixty thousand dollars in cash was mising after Marker's departue. It has been known In the last few days that the books of the bank were in bad condition and that thousands of dollars had been taken from the bank's funds thropgh a period of 18 months. The total of this shortage, it was said to-day, would reach $50,000, and perhaps more. Added to the 'oss of $60,000 in cash, the whole shortage in the bank's funds is $110,000. Until Mr. Weir makes his report it will not be known whether the bank will be reopened or shall be placed in the hands of a receiver.


Article from Alexandria Gazette, August 11, 1909

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of the army and in the event of his appointment quiet could be maintained ontil the success'ul solution of the difficulty by diplomatic means. In any event the crisis will pass within the next few days. Deputy Comptroller of the Currency Fowler went today to Tipton, Ind., to examine into the condition of the First National Bank there, the ceshier of which, it is alleged, losted the institution of $50,000 a short time ago. He will determine by a personal investigation whether it is necessary to put the bank in the hands of a receiver. The wooden ship Enterprise, which with the Alliance, the Constitution and several others is listed in the navy as unserviceable for war purposes, was ordered sold today by the bureau of navigation. She is at present used by the public marine school at Boston. She was launched at Kittery, Maine, in 1876. In command of Commander Selfridge, she made a survey of the Amazon and the Tara and later on made an evential trip around the world. The total excavations for the month of July (n the Panama Canal w&s 2,843, 260 cubic yards, according to dispatches received today from the isthmus. This is a decrease of 313,090 cubic yards compared with the corresponding month of last year. To secure an issue of bonds to the amount of $500,000 the Potomac and Chesapeake Steamboat Company today placed on record a mortgage upon its steamboats, property and franchises. The money realized from the bond issue will be used for the improvement of the interests of the company. Similar action was taken by the Colonial Beach Company. Instructions have been issued by the internal revenue bureau of the Treasury Department prohibiting after September 1 rectifiers of spirits from making wine mash and using it to make compound liquors. It is understood that the practices have led to frauds of the revenues, and it has been decided to stop it altogether. A cablegram received at the insular bureau of the War Department from Manila today, savs that the number of cigars exported to the Uni ed States in the last six months has been 2,914,000. A million or more of these cigars were sent here in anticipation of free trade under the new tariff law and were held in bond until it was enacted. Under the new law the Filipinos are permitted to send in 150,000,000 cigars a year free of duty, but the government officials are under the impression hat it will be many years before that limit is reached. The commissioners [have forwarded Congress an unfavorable report on the bill introduced by Representative Lamb "to authorize citizens of the District of Columbia to vote on the excise law."


Article from The Washington Times, August 11, 1909

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GOES TO EXAMINE TIPTON, IND., BANK Deputy Comptroller of the Currency Fowler went today to Tipton, Ind., to examine into the condition of the First National Bank there, the cashier of which, it is alleged, looted the institution of $50,000 a short time ago. He will determine by a personal. investigation whether it is necessary to put the bank in the hands of a receiver.


Article from Evening Star, August 12, 1909

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Tipton Bank to Liquidate. From a telegram received by Controller of the Currency Murray today from Deputy Controller Fowler, who is now at Tipton, Ind., it appears likely that the First National Bank of that city will be permitted to go into voluntary liquidation. Mr. Fowler went to Tipton two days ago after it developed that the reported shortage in the accounts of the cashier of the bank was more serious than first reported. The stockholders have indicated that they will be able to meet the claims of all depositors, in which event receivership will be avoided.


Article from The Lake County Times, August 14, 1909

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ADVOCATE UNIVERSAL LABEL. "A Universal Label for Union Goods" was the slogan of the First District organized labor conference at Princeton yesterday with representatives from more than 100 locals of all trades. Mathew Hollenberger of Evansville said the time had come when a universal label is necessary and his resolution to that effect was adopted. First District delegates will try to further this at the next state labor meeting. The sessions were presided over by President Frank Brown of Boonville and more than 200 were present. REFORMATORY CONTRACT LET. Despite the halt called in July by Governor Marshall on the awarding of the contract for the remodeling of the state reformatory heating plant at Jeffersonville, the contract was awarded Thursday to the same firm that had the lowest bid in July, the Indiana Engineering company of this city. When the bid was accepted and the contract awarded, an opportunity was given by Thomas B. Orr, president of the board, to other bidders to raise objections, but none made any appeal from the decision. TWO KILLED BY LIGHTNING. Two young men, who sought refuge in a barn at Peru, were instantly killed late Thursday afternoon during an electrical storm and six others were severely shocked when a lightning bolt vi struck the building. The dead are: HARRY WILSON, son of, Ed Wilson. HARRY HAUK, guest of Harry Wilson. Injured: MR. and MRS. ED WILSON and daughter. MR. and MRS. GEORGE HOLT and baby. 1 The. barn at once took fire and was in full flame when the neighbors rushed in. FEAR BANK WILL NOT REOPEN. 1 The crisis in the matters of the First National Bank of Tipton, depleted of $105,000 by Noah R. Marker through speculation, is at hand. While the gov1 ernment agents are-being assured the bank will be opened either Friday or Saturday, ready to pay all demands, S there is a state of suspended excitement because of promised developments. TEMPERANCE MEETINGS HELD. e Another temperance session will be observed at Bethany Park, Indianapoe lis today. The prohibitionists at the park had their inning several days ago, and today's gathering will be conducted by those who, while they favor all e anti-saloon movements, are not friendly to the prohibition party, preferring S to exert their efforts against the liquor


Article from New-York Tribune, August 17, 1909

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TELEGRAPHIC NEWS NOTES. No Run on Reopened Tipton Bank. Tipton, Ind., Aug. 16.-The First National Bank, of this city, which closed its doors July 26, after the disappearance of Noah Marker, assistant cashier, was reopened for business to-day. A number of deposits were made and several small amounts were withdrawn. Bundles of banknotes aggregating $250,000 were piled up on the counters behind the desks.


Article from The Yale Expositor, August 20, 1909

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matic race to see which shall be first to have its envoy at Washington raised to the rank of ambassador. Having an insane desire to kill her husband, Mrs. Maria Coseo of New York has asked that she be sent back to her home in Italy that the tragedy may be averted. The United States will call a halt if Japan attempts to close the doors of China to American trade. The First National bank at Tipton, Ind., which closed when the assistant cashier, Noah Marker, fled, was reopened. Food preservatives will be a subject for discussion at the annual convention of the Association of National and State Dairy and Food departments, which will begin at. Denver, Aug. 24. Charles Van Studdiford, husband of Grace Van Studdiford, the singer, received what may be a fracture of the skull when he was overcome by the heat and fell from a tallyho at Deca'III 'ana The British battleship Swiftsure has left Malta for Crete and ships of other nations will follow, the intention being to impress the people of the island with the fact that respect for the rights of Turkey is demanded. Regular troops, each armed with 300 rounds of ammunition, are keeping the strike sympathizers at Fort William, Ont., from repeating rioting. Fifteen persons were wounded in clashes. Milton, Del., was swept by flames which destroyed the business district. When the fire company responded to the first alarm it found its apparatus burning. The body of Albert Burt, who was SO "economical" that his wife left him, was found hanging in the garret of his home at Mineola, L. I., and hidden near it in the rafters was $2,119. The steamer Daniel J. Morrill was damaged $20,000 by collision with the steamer Henry Phipps in Whitefish bay. For the second time in his career Wu Ting Fang, Chinese minister to the United States has been recalled from the country. He will be succeeded by Chang Yin Tang. Delight Weston, daughter of E. B. Weston, president of the Terre Haute (Ind.) Paper Company, received a balloon as a gift from her father on the occasion of her graduation from Smith college. Theodore Harris, who died recently in Louisville, by his will left his children $150 a month each and left over $1,000,000 to a baptist institution of Kentucky. Mexican revolutionists have appealed to the Political Refuge and Defense league, whose headquarters is said to be in Chicago, for Jose G. Raniel and Tromas Sarabia, arrested in San Antonio, Tex. James K. Hackett, the actor, through his attorney in New York, denied that he had made a reconciliation with his wife, Mary Mannering. Howard Quick and Percy Barron were killed by lightning while descending into a coal mine at Idaho Springs, Col. Quick's father was operating the machinery that runs the cage. A plan for the settlement of the hatters' strike in Newark, N. J., and the Oranges, was agreed on at a conference held in Gov. Fort's cottage at Sea Girt. The agreement is to be signed by both parties within five days. About 400 delegates attended the Christian Missionary Alliance conven tion in Cleveland. Announcement is made by the department of agriculture at Washington of the discovery of a mixture to combat black rot, which has ravaged eastern vineyards. Alfred and Leonardo Spino, broth ers, who married sisters at St. Louis on the same day last October, have become fathers on the same day. One man possesses a boy and the other a girl. Former Senator Wilson of Washing. ton and John Farson, banker of Chicago, replied to attacks on Secretary Ballinger of the interior department before the National Irrigation congress at Spokane. When the company refused to lend aid in removing the goods, the sheriff of Allegheny county declined to evict the families of any more of the strikers from houses of the Pressed Steel Car Company at McKees Rocks, Pa. The investigation of the death of Lieut. James Sutton came to a close at Annapolis, Md., and the board of inquiry sent its verdict to Washington, where it will be made public by the secretary of the navy. Prof. William Bernhardt of Washington was killed by a train at Burlington, Vt., where he was spending his vacation. He was deaf and did not hear the engine's warning whistle. Belgrade, the capital of Servia, was


Article from The Montgomery Advertiser, August 22, 1909

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CLOSES A FACTORY. Tipton Bank Takes Steps to Collect Claims. Tipton, Ind., Aug. 21.-On application of the First National Bank, which recently was reopened after a shortage of $150,000 in its funds had been made good by the stockholders, a receiver was appointed today for the Beeler Manufacturing Company, with factories here and at Alexandria, Ind. The liabilities of the company are $58,000. it is said, and its assets $30,000. The bank is the most concerned creditor. This action is the first step in the courts toward closing up the complications in the affairs of the bank under the management of William H. Marker, who recently resigned as cashier and director, and his brother, Noah R. Marker, former assistant cashier, who is to appear before the Federal grand jury in November charged with having embezzled $50,000 of the banks funds.


Article from The Clarksburg Telegram, August 26, 1909

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RECEIVER NAMED For the Beeler Company at the Instance of a Reopened Bank. TIPTON, Ind., Aug. 21-On the application of the First National Bank which recently reopened after a shortage of $150,000 in its funds had been made good by the stockholders, a receiver was appointed today for the Beeler Manufacturing Company with factories here and at Alexandria, Ind. The liabilities of the company are $58,000 and its assets $30,000. The bank is the most concerned creditor.


Article from The Cairo Bulletin, August 28, 1909

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Chicago, Aug. 27.-Elvert W. Shirk, presidrt of the First National Bank of Tipton, Ind., was arrested here today, charged with misapplying $24. 252 of the bank's money. It is alleged in the complaint lodged with United States Commissioner Foote, that Shirk obtained the money through drafts made payable to him. self. The alleged shortage is said to have occurred on July 23rd, the bank suspended for a few days, but resumed business. and the fedral authorites begah an investigation. Shirk gave bond of $20,000 before


Article from East Oregonian : E.O, August 30, 1909

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# Another Banker Arrested. Tipton, Ind., Aug. 28.-W. H. Marker, former cashier of the First National bank, was arrested following the arrest of president E. W. Shirk in Chiscago yesterday. Shirk is accused of the appropriation of twenty-four thousand dollars. He was released on twenty thousand dollars bail. Marker is a brother of Noah R. Marker, whose disappearance recently precipitated the closing of his bank by the treasury department. It was allowed to resume two weeks ago, the directors making up the shortage, which is alleged to have been a hundred thousand dollars. A run was preventd today by the announcement that the directors have plenty of cash.