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BANK CASHIER IS UNDER ARREST Warrant Charges Caloway, Stevensville, Md., With Embezzlement of $50,000 DOOR OF BANK CLOSED BY STATE CENTREVILLE. Md., Dec. 2.-G. who resigned Wednesday as of the Stevensville after admitting a cashier Maryland, Calloway, of shortage William Bank H. of 818,500 in his accounts. and W. Lowe, station agent of the Mary- at land Delaware and Virginia Railroad Stevensville, were arrested yesterday. Calloway is charged with misappropri- and of the bank's funds, criminal sbetting to take Lowe ating $50,000 with Calloway conspiracy the bank's in money for grain speculation. The amount named in the warrant for Calloway (850,000) has not yet been found by State Bank Commissioner G. and his staff of auditors who the books, exthe shortage to run to pect are W. Page examining but that they that figure. and it Is said there is likelihood it will go as high as 860.000. order of State Bank CommisW. Page the bank was this Mr. Page, as sioner Upon morning. G. acting closed receiyer took over the affairs of the institution. It is understood other arrests may follow. Lowe's arrest has been regarded as a foregone conclusion since yesterday. The list of those implicated may grow larger, it is said. $25,000 Bail. bail was Calloway's Raised fixed at This $25,000 has T. A. Tolson. the father been by Magistrate raised by of the and accus- he ed and a dozen of his friends, is now at liberty Lowe's bail was fixed at $15,000 by the same magistrate, but he was not arrest d until late last night and Is still in custody. It is said. however, that he will have no trouble in raising the money. A preliminary hearing will be given both men on December 13. Constable Brown and the deputy who arrested Calloway went to his house by a back road in order to spare him the of facing the large crowd that Calloway a Mrs. had several necessity gathered. children. Calloway, has wife it and is into said. band became was taken hysterical custody, when the her scream- accused husing loudly. The mother of is-in a state of nervous collapse, it is said. Lowe spent yesterday in Centreville When he didn't return to Stevensville until late last night State's Attorney Brown sent out searchers for him. He returned. however. Speculation Alleged. Lowe, it is said, has been in the habit of speculating in grain and is reported to have made between 87000 and 88000 his for is money recently by operations operations. it said To that get the bank. of his Calloway account permitted at him The to overdraw extent not yet Lowe's alleged overdrafts has according been determined, to will Commis- have sioner Page, as his passbook to be examined. Considerable sentiment. it is said, Island in Although was two exists men. in Kent Calloway behalf yesterday of the not until about 4 o'clock friends raised afternoon. arrested the He ball had in time to free him yesterday. two relatives on the board of directors, and all the others were loath to prosethe meeting yesterday it is morning, eute him. At said, trouble of the was exin getting any memboard, out bers perienced of the shortage. of pocket 40 they were by the a warrant. It was this the constable was reason swear though out that writ. for called in to sign the the bank, the shortage Closing and consented of big known, and the bigger one that almost as a already looms certainty, the island. practically paralyzed business on stores, houses are Its oyster business packing houses, where farms virtually they and stalled until they know stand financially Pathetic episodes were enacted yes-
