The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-07-19
HENRY RULE ARRESTED
Oklahoma City Man, Well
Known Here, Went
Wrong and Quit.

Henry W. Rule. the former Wichita
man whose disappearance fron oklaho-
ina CITY several months ago o,,easioned
considerable comment. has been arrest
ed in Kansas city. and will be- taken to
Oklahoma city. where he will be tried ON
a charge OF embezzlement
Mr.. Rule was well known in this city.
being highly esteemed by the busiaess
men. He was booi,kecper fo~ the In
ternationai Loan company at wichita.
several years ago and after ~ passing
into The hands Of receiver woe criploy-
ed IN winding up the accounts
lie was prominent IN chur n circles.
being member of the presevpertiau
church lie was also Prohbitlonist.
Mr Rule was one Of the prime movers in
The last Prohibition hrht which was
wagcd In Wichita about nine years ago.
shortly after this Mr.. Rule moved to
Oklahoma CITY, whore he was placed IN
charge Of the oklahoma orice Of the
Deming Investment company
Il appears that after his disappear
ance from Oklahoma city an examina-
tion of bis accounts was made which
showed a sortage Of sl.7Oo
H. telling Of the shortage and Mr..
Rules connections in Oklahoma city. the
Times-JoJrnai of that place says
"The story Of his default is "a peculiar
one. It seems that It has extended FOR
the past three years The story was
Cleaned piecemeal yesterday from v4ri-
Gus sources The head onice OF the
Demng Investment company are ia Os-
wego. Kan. Mr.. Rule had heen ,he man
ager here for several wears Ill was not
suspected o. being crooked at All and
was given the most implicit confidence
by the firm. The matter first came out
when MI Rule left mere going that
morning to Mr. wilkn Of the state VA
tional bank. and saying he wanted ST.
o00 TO close a loan right away, also ,hat
he did NOT want TO wait tln be bank
opened Nir Wilkm knew het he had
been making quick loans from time 70
time. and go he let him have tre money.
The $1,000 being given him. Mr. Rule
left on the Choctaw that morning and
was never seen again hy the company.
/ However. be sent back Part of Tive money
tnut he had gotten from Mr. Wilkn His
! leaving lcd 10 an Investigation OF the
books and am auditor from the head Of
/ ice came down to look them over Tie
found that Mr. rulo had ii.er forcing
the trial balances from time to tinis to
cover shortages
"One not an expert would not be able
to- understand The means he used nc
was short on the cash and when he sent
ia the balances at the end Of each month
ho would force them to make them bal
ance With the cash on hund One Of yhe
crooked pieces OF work was Ia the mat
| ter of reporting money paid our ON loans
! Mr. Rule was allowed his dis, retion IN
these matters He would repo't money
paid ont on loan. when I'm reality Il
/ had not beer paid out n, woGld bor-
row from the next months business and
report more money paid out on loans
and 50 on until he became hopciessy IN.
volved 1t was not known ia what man.
aer he took fhe rnunes re used, but tht
was ono way ana ia faot 'he oalv wa!
that a man could over Jp a shortage
I'm this way he managed to driv'
lalone for three Yeats or !. is suprose'
so. getting in debt deeper each month
His actual shortage ON tho forces tria
balance was $500. while he returne'
$500 OF the thousand milking the tota
$4,000 II was not known bow he dis
posed Of this money but 1t Is though
that he was living too extravagandv.
The remarkable part OF this story I
the utter unexpec'e edi ess r. the Who'll
AFFAIR P','ale are saying on tie streets
II MI Rule has gone wrong how ga
any man be hones;7' Il IS peeulia
tes'hi onial 10 ,l.e man. He WIS held q
the greatest esteem by all who kne'
him and was regarded as a model O
honesty and integrity. rhe news wi
come as blow TO Mr. Rule friends
an Of whom regarded hlrl highly"