Jasper County Democrat, Volume 12, Number 100, Rensselaer, Jasper County, 30 March 1910 — MARKERS’ FOUND GUILTY [ARTICLE]

MARKERS’ FOUND GUILTY

Tipton Bankers, Brothers, Must Go to Federal Prison. Indianapolis, Ind., March 26. —Two brothers, who have been among the most prominent of the younger bankers of Northern Indiana, will be sentenced together to the Federal prison at Leavenworth, Kansas, next week by Judge A. B. Anderson in the United States District Court. They are William H. and Noah H. Marker, formerly Cashier and Assistant Cashier of the First National Bank, of Tipton, Ind. William H. Marker was found guilty to-day by a jury on each of 85 counts of an indictment charging him with embezzlement of SIOO,OOO, of the making of false entries and misapplication of the funds of the bank.

Noah H. Marker, indicted jointly with his brother, will plead guilty, his attorney announced, on Tuesday morning. Judge Anderson then will sentence the brothers and they will be taken to prison together. Last July it was found that had disappeared and that there was a heavy shortage in the bank’s cash. In a few days he returned to Tipton and was arrested. After an examination of the bank’s books William H. Marker was arrested, and later the President of the bank, E. W. Shirk, of Chicago, was arrested. Shirk was exonerated by the grand jury that indicted the Markers.

The Government’s examiners uncovered astonishingly complicated manipulations of the funds of the bank. William Marker had lines out in many businesses. Some prospered and some did not. Marker is 37 years old. He was a smiling witness on his behalf, but he was a shrunken, haggard, dejected figure when a Deputy Marshal led him to jail. He has a wife and children. Noah H. Marker is younger. He also has a family.