Jasper County Democrat, Volume 12, Number 64, Rensselaer, Jasper County, 24 November 1909 — SHORTAGE MAY BE $50,000 [ARTICLE]

SHORTAGE MAY BE $50,000

T. P. A. investigation Shows Big Deficit in the Organization. St. Louts. Nov. 23.—Louis T. La Beaume, who resigned as secretary and treasurer of the Travelers’ Protective association following the discovery that the shortage in the funds of the order would reach more than $25,003, will become chief of the claims department. Auditing of the books still continues; La Beaume said the shortage was now $27,000. The peculations were attributed to William E. Henschen, chief clerk and confidential bookkeeper, who recently committed suicide on the grave of his wife when the shortage was about to become known.