New-York tribune., 1909-07-27
CLEANS OUT THE BANK
GONE FOREVER" SAYS
NOTE LEFT BEHIND.
assistant Cashier Of Indiana Institu-
ton Takes Ill Money IN Faults
-Betzceen $50 900 and 500 900.

Upton Ind. July 96.-The First National Bank
of Upton is closed tonight. and its assistant
cashier, Noah r. Marker is gone. taking with
him between $4,000 and $4,000 all the cash
that in the banks vaults at the Close Of
business Saturday
Marker. after sweeping together the money,
set the time lock the safe so that il could not
be opened until o'clock to-day and left Upton
on a traction for Indianapolis Saturday even
ing. telling his wife that he would spend Sunday
with his father and mother Nothing further
has been heard from him
Marker left note on the desk of his brother.
William Marker cashier Of the bank. saying that
he had gone forever and that he had taken
enough money TO pay his expenses" The
fact that he had emptied the cash boxfwas not
known until the time lock gave admttance to
the vault to-day
Whether Marker had previously taken money
from the banks funds and covered up the de-
facatons 10y making false entries in the books
will not be known until the arrival Of n ma
tional bank examiner. The directors OF the
bank decided to-day to suspend the banks
operations until the examiner could examine the
books.
They posted on the front Of the bank building
a pIacard. reading as follows: IN. r. Marker.
assistant cashier OF this bank. has absconded
with all it's cash. The Treasury Department at
Washington has been notified and the bank Will
remain closed awaiting the departments in
structions."
The bank has been involved in litigation for
the possession of $4,000 Of Cuyahoga County
bonds The banks president +. W. Shirk, vas
advised to-day by his attorneys in Lima. Ohio.
that they had obtained by repIevin SUIT these
securities which had been held by the Farmers
and Citizens Live stock Insurance Company OF
Lima Ohio. and had given bond for them for
double their value
These bonds had been turned over to the in
surance company for examination by Noah
Marker. who did not demand payment The
owners Of the bonds demanded return OF the
bonds or their value and Marker borrowed $40
600 from an India ma polls bank and settled for
the bonds. Mr. Shirk said that he had not been
able to find a record of this loan on the Upton
banks books although Marker told him of the
loan last week.
Neither. he said. had he found check for
$4,000, representing a partial payment by the
Insurance company on the bonds. made last
April when the bonds were sent TO the local
bank TO be turned over 70 the prospective pur-
chaser Mr.. ShIr< added that he vas informed
that the Insurance Department Of the State Of
Ohio had taken charge OF the bonds as part Of
the securities deposited by the insurance COM
pany for the privilege OF doing business In Ohio,
Il do NOT know" said Mf. Shirk. 'ths condf-
tion Of the banks funds. but do know that
we shall pay every cent Of indebtedness
william Marker SAID he felt sure that eis
brother would return in a few days. He has
been worrying over letting those bonds out Of
his hands until he is mentally deranged." said
Mr.. Marker. He hardly ate or slept for ten
DAYS before he left"
Noah Marker had been connected with the
bank nineteen years. He was the unsuccessful
Republican candidate for Mayor Of the city
four years ago. He was active church MEM
ber He is thirty-five years old. and has wife
and two childen-
The resources ~ the First National Bank
amount to 81 10000. It's capital is 100000
Deposits amount 10 SS45.T71.