People's Pilot, Volume 5, Number 38, Rensselaer, Jasper County, 26 March 1896 — Shortage of $40,000 Found. [ARTICLE]

Shortage of $40,000 Found.

Lexington, Ky., March 25.—William M. Shipp and C. W. Stone, cashier and bookkeeper of the Deposit bank at Midway, Woodford county, Ky., were requested to resign their positions by the directors of the institution two weeks ago. R. H. Courtney, a bank expert of this city, was employed to straighten up the books, and it developed that there is a shortage in the bank which will probably foot up to $40,000.