Rensselaer Semi-Weekly Republican, Volume 35, Number 92, Rensselaer, Jasper County, 24 July 1903 — Got Back Her $5,000. [ARTICLE]

Got Back Her $5,000.

A. J. Killen Refunds Miss Monnett’s Big Draft. The faots of Miss Cordelia Monnett’s investing $5,000 in a presumably wild-oat oil refinery company, in California are fresh in the minds of our

On Maroh 26th last, A. J. Killen of Indianapolis, slipped in here and induoed her to pay him that amount for a big block of the stock. 3he paid him with a draft issued by the Beneselaer Bank where she had quite a large sum deposited. Killen took the draft and went baok to Indianapoliß. The next day J. C. Harris, oashier of the Bensselaer, bank sent out notices stopping the payment of the draft. In the meantime Killen had deposited the draft at the Capital National Bank, of Indianapolis, presumably only for collection, but it was given out that the bank had oashed it. The draft drawn on

the National Bank of the Republic, of Chicago, and the Indianapolis bank sent it there on the 29th. But Joe’s notioe stopping the payment had got there first and payment was refused. Then the Indianapolis bank and Eillen began to threaten and bluster, and the bank did file a suit against the Chioago bank. Eillen threatened suit also against the bank here and so also did the Indianapolis bank; but they were told to sue if they wanted to. The matter finally shaped up so that it was up to Eillen to bring suit direotly against Miss Monnett, if he had any obattoe to oolleet on the draft. Enowing that he would oertainly lose in suoh a suit, on the grounds of want of consideration, he did the only thing left to do, withdrew the draft from Chioago, and returned it to the bank that issued it here. And the bank now has the draft and Mias Monnett has had the $5,000 it represented again placed to her credit. To J. C. Harris the oashier, is mainly due the reoovery of this money.

A week or so before Eillen made his killen, or thought he made it, an ex-oounty offiioal from the next oounty south of us, oame over and got $1250 from Miss Monnett, with this same oil stook; and he got dear ,away with his stuff, “and has got it yet.