Jasper County Democrat, Volume 22, Number 5, Rensselaer, Jasper County, 16 April 1919 — FORGED NOTES TURNED UP [ARTICLE]

FORGED NOTES TURNED UP

Mart Francesviße Fanners* Elevator Will Be Sold. The plans to Increase the capital stock and reorganize the Farmers’ Elevator Co. at Franceavllle has fallen through with, it is said, after many subscriptions for new stock had been taken and the money paid in. The elevator will now be sold by the assignee and trustee on next Monday and will likely pass into private hands. The money paid in for new stock was returned to the subscribers after the decision had been reached to let the property pass from control of the farmers, which decision, it is reported, came about through the turning up of several thousand >’.lars in alleged forged notes purporting to have been by farmers for fertilizer sold by the elevator. When this disclosure was made the directors decided to dispose of the property and get ouf from under. The entire trouble seems to have been brought on by dishonesty and criminal practices on the part of one or more parties entrusted with the management and control of-the business, according to common, report, and some of the stockholders may seek the aid of the eburts to Jwing to • justice the parties responsible for the collapse of the business.