Rensselaer Republican, Volume 17, Number 51, Rensselaer, Jasper County, 27 August 1885 — SHORT $30,000. [ARTICLE]

SHORT $30,000.

The Late John Nichols, Vies President of the Fort Worth City National Bank. [Fort Worth (Tex.) telegram.] A startling rumor spread through this city to-day to the effect that the late John Nichols. Vice President of the City National Bank, whose sudden death occurred last Monday at the bank, was a defaulter to a large amoant. Immediately after his demise the officers of the City National Bank called a meeting of all the other bankers of the city to investigate the affairs of the bank. This committee report that they find the late Vice President Nichols to have been a defaulter to the amount of about $30,000, but the committee consider the bank sound. Nichols was also City Treasurer, but thus far no irregularities in his accounts as such have been discovered. So I far as known to-night (he outside indebtedness of Nicbols on individual notes amounts to but $20,000, although rumors are current that his private indebtedness is much larger. Where the stolen money went is as yet a mystery, as Nichols was a man of frugal habits, and did not drink or gamble. His funeral yesterday was the largest ever witnessed in this city. His body will probably be exhumed in order to settle the question whether er not he suicided.