Jasper County Democrat, Volume 18, Number 104, Rensselaer, Jasper County, 29 March 1916 — FRANK NAVE IS ARRESTED [ARTICLE]

FRANK NAVE IS ARRESTED

l-'ormei* Newton Count y Ranch Owner Imlicted in Carroll County. Frank A.'Nave, for many years a farmer and Jock breeder of Fotin-' tain county and former owner of the Nave ranch in Newton county, was indicted on four counts in Car- 1 roll county last Friday, charged with grand larceny and false pretenses. Tie was arrested Monday and arraigned before Judge Wasson and released on bond of $3,000 furnished by W. S. Baiigh, a Lafayette banker, and Gtis Hall of Delphi. Nave made an assignment in September, 191 J, for the benefit of his creditors, involving some $500,000. Shortly before the assignment he, purchased 82 head of steers of E. A. Bowen, a Delphi banker and stockman, and gave a note for some $6,000 with his brother as surety. He is said to have represented at the time that his 1,760 acres of land in Fountain county was mortgaged for only $40,000, when as a matter of fact’ it is charged that therecords show if was mortgaged for $135000. At the same time the cattle

were bought Nave’s brother purchased >5,000 worth of horses of. Bowen, but turned them back after I the assignment and disclaimed any connection with the Cattle deal.