The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-04-22
Sensational Outcome OF the Closing of
the National Bank of Vancouver,
Wash, Saturday.
THERE is A LARGE DEFICIT
MOSTLY REPRESENTED BY PER-
sONAL NOTES or THE DEAD MEN.
Admitted Their Guilt to the Bank Ex-
amincr-Condition and Owner
ship of the Institution.

VANCOUVER, Wash. April 21.-Charles
Brown and T. l.. Candy. president and
cashier. respectively. of the First National
Bank of Vancouver, which was closed yes
terday by the controller of the currency,
committed suicide last night two miles
from this city by shooting themselves with
a revolver Their bodies were found this
morning lying together in a small clump of
bushes about half a mile north of the
Columbia school, which is situated on the
outskirts of the town. They both used the
same weapon and Candy evidently died
first, as the revolver was in Browns hand.
1t is evident that Candy put the muzzle
of the revolver in his mouth and blew the
top of his head off. Brown then took it and
shot himself in exactly the same way, fall
ing over Canby's body.
The fact that Browns bicycle and a num-
Der of articles belonging to Candy were
found a short distance out of town last
night led to the belief that the two bank
officials had taken their lives. Early this
morning a searching party started out, and
after several hours hunt the bodies were
found in the clump of bushes.
On Friday evening Candy upon being
told by Bank Examiner Maxwell that the
bank would not be permitted TO open Satur-
day went out in the yard behind the bank
and attempted to shoot himself. The re-
volver failed to explode, although all five
chambers were loaded. After failing to
shoot himself Candy came back into the
bank and he and President Brown left to-
gether, taking his revolver. When Ex-
aminer Maxwell confronted the bank off,
cials with the shortage of sS1. 900 which he
had discovered both men admitted their
guilt. 1t is stated that Brown and Candy
had been speculating in stocks. Beside
Browns body there was found package
containing s25 and note saying that the
money belonged to his daughter. Upon
Canby,s body the following brief note was
found:
my Dear wife-I feel what 1 am about
can and try to live for our dear children.
God bless you ALL Goodbye. NED"
Brown. who was ffty-four years of age,
had lived in Vancouver since 1862. His
father was the first receiver Of the Van
couver land Office. He had served as
auditor of Clark county, was married and
had a family. His connection with the
bank as its president dates back ten years.
Candy was ffty-two years OF age and was
we'll connected. His wife was Miss Frances
Burnside. daughter Of an Oregon pioneer.
A brother is a paymaster in the United
States army. Another brother committed
suicide by jumping off the wharf at VAN
couver several years ago
While Bank Examiner Maxwell, who is
now in charge as receiver. has made no off,
cial statement, ii is known that the bank
has loaned large sum OF money on INSULT
cient security. According TO his report to
the controller OF the currency there is a
shortage of 600 in the banks accounts.
and it is understood that considerable
portion OF this was loaned to Brown and
Candy on their personal notes. About a
year ago the bank reduced its capital stock
from 100000 to $4,000. AT that time about
one-half of the so-called bad assets was
charged on and has been carried as an
asset since that time.
, The heaviest stockholder Is Col. Stephen
p Joslyn. of the regular army member
of General Skaters stan. His post was
Vancouver when the bank was organized,
an ever since that time he has been the
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