Rensselaer Semi-Weekly Republican, Volume 41, Number 96, Rensselaer, Jasper County, 20 August 1909 — Looted Bank’s Doors Reopened at Tipton. [ARTICLE]

Looted Bank’s Doors Reopened at Tipton.

Tipton, Ind., Aug. 16.—A1l the depositors of the First National bank of this city who want their money are being paid today. The bank was reopened) after having been closed for several weeks since the disappearance of the assistant cashier, Noah R. Marker, and the simultaneous discovery that $60,000 of the bank’s cash was missing. The directors have accumulated in the last few days $750,000 in cash and it lies in the vault, guarded by day and night shifts of watchmen. The amount is more than enough to cover the sum of the deposits. To assure that resumption of the bank’s business would be orderly, several of the agents of the department of justice were .present. Miller Weir, national bank examiner at large, remain in the city until the bank’s affairs are proceeding smoothly. The shortage is between $160,000 and $200,000. The federal grand jury, in session at Indianapolis in November, will investigate charges of Violations of the national banking laws in connection with operating of the hank. Marker, who returned to the city after a week’s absence, is under bond of SIO,OOO to appear before the grand jury.