Jasper County Democrat, Volume 22, Number 34, Rensselaer, Jasper County, 26 July 1919 — PART BANK LOOT RECOVERED [ARTICLE]

PART BANK LOOT RECOVERED

Liberty Bonds Aggregating $4,000 Located in Chicago. Four thousand dollars worth of the securities stolen from the Farmers’ State bank here early on the mornings of March 25, when the bank’s safety deposit vault was blown open and ransacked, have been recovered. The securities, represented by certificates of indebtedness, were presented at the Federal Reserve bank in Chicago last Friday for payment. The bank official to wboum they were presented immediately recognized them as part of the loot taken from the Farmers’ State bank and withheld payment. He called Pierce Archibald, cashier of the bank, on the phone and advised him of the recovery. Officials of the Farmers’ State bank have never let up for a moment in their efforts to locate the stolen property, but the fact that sc .many bonds and securities have been stolen in the past year and are changing hands almost like currency, made their work doubly hard. However, the recovery of at least a of the stolen goods is very encouraging and may possibly lead to the recovery of a part of the others stolen. The certificates of indebtedness recovered Friday were presented at the Federal Reserve bank by the Union Trust company, one of the oldest and most reliable banking firms in Chicago. Just how they came in possession of the stolen property has not been made public, but the transaction was doubtless legitimate and probably followed a long list of questionable deals. The matter will doubtless be followed up and an effort made to trace the certificates back to the actual robbers. —Morocco Courier.