Rensselaer Journal, Volume 12, Number 9, Rensselaer, Jasper County, 7 August 1902 — PINGREE LAYS RUIN TO FRANK C, ANDREWS [ARTICLE]

PINGREE LAYS RUIN TO FRANK C, ANDREWS

Bays Ha Muat Sacrifice All His Property to Satisfy Official Bond. Detroit, Mich., Special: On the trial of Frank C. Andrews, charged with wrecking the City Savings bank here, Frank C. Pingree, president of the bank, and brother of the late Governor Pingree, while under cross-exam-ination, stated that Andrews had caused him to lose every dollar he had saved, and that he must assign everything he owes, save SSOO worth of household furniture, because of his liability on his bond as an officer of the bank. The Governor’s widow had $40,000 in the bank, and shortly before its failure withdrew it, according to the witness, because she did not like Andrews’ actions.