The Hartford republican. (Hartford, Ky.) 18??-1926, 1909-10-29
DAVIESS COUNTY
boy IN TROUBLE.
Looted Bank of Which he
Was President.
Born and Reared Near Habit and
Worked for 0wensboro
Bank. ~

Charles l.. Bowlds, Dawes County
boy and formerly of Greensboro, is VI
der arrest In Sulphur Springs, Colo
rado, on charge OF looting the Bank
Of Grand County of $4,000. Bowlds
had bought controlling interest in
the bank no August 29th.
Taking excellent recommendation
from banks and business houses OF
kentucky, Mississippi, New Mexico
and Alabama, young Bowlds went to
Sulphur Springs and purchased a
controlling interest in the bank of
Grand County from N. F. Briggs of
Denver. Colorado paying Briggs s1O,-
600, chiefly in a draft on the City
Bank and Trust company of Birming-
ham, Ala. He took charge OF the bank
on August 20 mad conducted it as
president until arrested by order of
State Bank Commissioner Pfelffer.
Bowlds went to Denver with ]. w.
Norment, president OF the Capitol
City bank of Sante Fe. N. NJ, who in
troduced him to Mr.. Briggs and his
friends. The terms OF the transfer
we're agreed to after a conference.
!. Bowlds promised to give. two drafts.
one for $500 on the Sante Fe bank
one for $4,000 on the City Bank
and Trust company of Birmingham.
Ala. The draft for the $500 was i'm
meadiately honored, the larger draft
encountering some delay.
, When Mr. Briggs wired the Biz
ningham bank If they would honor
Rowld's draft on them for $500 the
reply was in the affirmative Mr..
Briggs wired instructions to Birming-
. ham to send the cash to the Western
Bank and Trust company of Chicago.
After a delay and the money not
forthcoming a reply was had from
Birmingham that they had wired the
$500 to the Western Bank and Trust
sompany of Philadelphia. In the
meantime Bowlds had taken posses
sion of the. Grand County Bank, and
shortly thereafter the Birmingham
hank wired the $500 TO the Chicago
bank as originally directed.
AS soon as. he got in Bowlds took
his 100 share of bank stock 20 DEN
YER and hypothecated them with a
bank there for lean of $4,000. He
Rext sent $500 to Sante Fe bank
that had staked him for the first ST.
s00, and the cash SO sent is charged
10 his overdraft.
The bank commissioner says Bowlds
then took from the bank about $13,5e0
and that rumors of peculiar transac-
tons came to the state house, the ex-
animation and arrest following.
Charles Bowids Is the son of Louis
Bowlds of the Habit neighborhood
and is about 30 years of age. He at
tended the Owensboro Business col
lege when Fisher was its president
and after graduation worked in the
Greensboro Gaslight office and the
Bank of Commerce for several years,
and subsequently became cashier OF
the bank at Burnsides. KY, which
closed it's doors about six months ago,
From Burnsides. Bowlds went to New
Mexico, in OF near Sante Fe. Three
months ago he was called to Owens
boro by the illness of his mother and
while here told several friends that
he intended to leave New Mexico. His
move took him to Sulphur Springs
With the result above stated.
, Bowlds is remembered in Owens
boro as young man OF fine appear
ance, being more than six feet tall
and we'll built. In this city he bore
an excellent reputation and his
friends think three must be some mis-
take in his arrest. His father Louis
Bowlds. is farmer of high standing.
He was on the petit jury at the pres
emit term of circuit court. Clarence
Chester and Fleming Bowlds are
brothers of Charles l.. Bowlds-
!. Owensboro inquirer.