Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-11-01
CROCK[R'S BANK
INVOLVES OTHERS
Charlton Institution Whose
Cashier Killed Himself Re-
ported in Bad Condition
FAILURE HITS NEBRASKA BANK.
Commercial State at Grand Island Had
Large Sum on Deposit at Charlton
and is Compelled to Close It's Doors
crocker Has Long Planned to
! Suicide. ->s.....s
Special to T,mes-Republican.

Special to Times Republican.
Des Moines, Nov. Development
regarding the affairs Of the First Ma
tional bank at Charlton, and the ex-
tent to which the bank is involved by
its late vice president and cashier,
Frank Croker, who was found dead
yesterday from dose Of morphine are
coming out slowly. An unconfrmed
report received here indicates that the
failure will be heavy and that the bank
will be so crippled that 1t will not be
able to resume business.
The Bank of Russell, a private instj-
tuition. with a capital OF $25,OOO. OF
which Cashier Crocker was president,
is also closed pending this investiga-
ton.
However, the other banks of Chart
ton will continue in business as usual.
Their affairs are in the best condi-
ton and they have not even adopted
the rule Of limiting the withdrawal Of
deposits or otherwise taking the pre-
caution adopted by banks generally.
They have enough money to take care
the large depositors here understand
their complete solvency and there has
been no interruption Of business what
ever. The Charlton Savings bank
which was closely connected with the
First National bank. was likewise open
all day and did business as usual. It's
officers expect to continue business Nhe
same way, meeting all demands upon
them.
Croker evidently contemplated suf 6.
eide for several days at least. He ~ ke
discouragingly with close friends and
limited that he faced some sort of H.
grace which he had not the couraee III
meet Hts friends, however. souott t
cheer him and thought nothing nt0f
OF the matter then. He spent the eve1I-&
ing in part at the home of his father
in-law s. s. Arnold, and also at tho
bank, where he got some papers ard
went home. Here he talked briefly with
his daughter, Jessie, and then devoted
himself to papers and business matters
and to letter writing. The household
retired as usual. Mrs. Crocker was in
Chicago on visit with son, Gull
ford, who was his fathers favorite.
This was the first outing for his son,
who had for nearly two years lain IN
bed with an injured back, hurt while
he was student at Culver Military
academy.
Cashier Crocker was highly es-
teemed and his popularity ran strong.
He was considered personally wealthy
and was supposed to have large inter-
ests. He held universal confidence and
was practically in full charge Of the
bank here. His personal habits were
above suspicion and he is not known
to have been speculator. He had
charge, also, Of the large property in
terests of Mrs Annie Mallory, widow
Of the former widely known railroad Il
contractor OF that name. Jesse M.
Thayer was also connected with the
institution. He and his wife are now
abroad; they planned years stay, but
their immediate return is expected.
Crocker will not be buried in Chari-
ton, but in Minneapolis, where his. Sis.
ters live, that having been his re-
quest in one Of the notes left by him.