Evening Republican, Volume 20, Number 243, Rensselaer, Jasper County, 10 October 1916 — Burrows, Ind., Bank Shortage Is Still Growing. [ARTICLE]

Burrows, Ind., Bank Shortage Is Still Growing.

The grand jury in "ts session at Delphi Monoay returned an indictment against Ellis E. Shcokman, the cashier of the Farmer’s State Bank of Burrows, which closed its doors last week owing to a shortage in the cashier’s accounts. The indictment chaiges Shookman with stealing three gravel road bonds valued at $3,090, belonging to Wm. Guicken. It is lika•ly that other indictments will be returned. Upon the return of the indictment Judge Wason issued a bench warrant for Shookman and when the young man was brought before the' court in the custody of the sheriff he was offered his release on bail to the amount of $5,000. * 'Shookman was unable to give bail at this time but is expected to furnish the required bond soon. Many people from Burrows interested in the Shookman case were in Delphi and all expressed concern over the fate of the young man and the unfortunate failure of the bank. It was reported late Monday afternoon that the officers of the bank had found that the shortage would amount to $30,000 instead of $20,000 as was previously supposed.