Jasper County Democrat, Volume 12, Number 29, Rensselaer, Jasper County, 24 July 1909 — BANK FINDS ITS CLERK IS SHORT [ARTICLE]

BANK FINDS ITS CLERK IS SHORT

Arrest Ends Vacation of • ' Terre Haute Youth. $4,000 THEFT IS ALLEGED Report I* That SI,OOO Wai Found on Person of Young Man and That He Has Admitted His Guilt—Accused Is Member of Well Known Family and Wat Getting Salary of $65 a Month.

Terre Haute, Ind., July 23.—Howard Phillips, twenty-two years old, a clerk at the Terre-Haute National bank, has been arrested and has confessed taking $4,000 in the last three years. The thefts were made when making exchanees with other banks by holding out money and by manipulating the accounts.

Young Phillips had been in Kansas City on his vacation, and he thought his thefts so well covered he was taken by surprise. He had about SI,OOO on his person. The examination of the books so far shows that about $4,000 in small amounts was embezzled. The big amount of cash he had with him causes surprise. He had spent money freely, and it was supposed he had used it as fast as he took it. Phillips is a member of a well known family. He received $65 a month at the bank.