Rensselaer Semi-Weekly Republican, Volume 41, Number 94, Rensselaer, Jasper County, 13 August 1909 — Tipton Shortage Grows. [ARTICLE]

Tipton Shortage Grows.

Indianapolis, August f 11.—A dispatch to the News from Washington says that Deputy Comptroller of the Currency M. J. Fowler, who is an Indiana man, has been ordered to Tipton, to assißt Miller Weir, national bank examiner at large, in .further investigation of the affairs of the First National bank of that city. Mr. Weir has already reported ' a shortage of $150,000 in the funds of the bank. Its assistant cashier, Noah JMarker, is charged with embezzling $50,000 and is under bond to appear before the federal grand Jury at Indianapolis in November. Wm. Marker, brother of the alleged defaulter, has resigned as cashier of the bank. The directors of the bank, Jt is said, have asked for more time to decide whether or not they shall make good the shortage and open the bank for business. If it shall be determined to turn the bank into the hands of a receiver, Examiner Weir will be appointed.