The Birmingham age-herald., 1909-07-27
Noah R, Marker of TipiOn,
 Indv Has Disappeared
OVER $5O,OOO IS MISSING
Note Is Left on Brothers Desk Saying He Had Taken Enough Money To Pay His Expenses
 While Gone.

Tipton, Ind, July 6.-The First National bank of this city. one of the oldest finan- cial institutions of northern Indiana, is closed and it's assistant cashier, Noah R. Marker, has disappeared, taking with him between $50,OOO and s60OO0, which was all the cash that was in the bank $ vaults at the close of business last Sat urday afternoon.
 Marker, after sweeping together the money, set the time lock on the safe so that 1t could not be opened until 9 o'clock this morning and left the city on traction car for Indianapolis at s o'clock Saturday evening, telling his wife that he would spend Sunday with his father and mother in Indianapolis. Moth ing more has been heard from him here.
 Marker left a 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 box of nearly s6O,- 900 was not known until the time lock gave admittance to the vault this morn ing. Whether or not Marker had pre- viously taken money from the bank s funds and had covered up the defalcations by making false entries in the books cannot be known until the arrival of a national bank examiner.
 The directors of the bank today decided to suspend the banks operations until the examiner should have completed an | examination.
 The resources of the First National ! e1 nit al ia s100, 900; deposits amount to sS45,7n
 The bank has been involved in litiga-
 ton for the possession of $40.000 of Cuya' hoga county bonds. The banks presi-
 dent, E. ". Shirk, was today advised 1 by his attorneys in Lima, O., that they had obtained by replevin suit these se- curities, which had been held by the Farmers and Citizens Live Stock Insur- ance company of Lima, O., and had given bond for them for double their value. These bonds had been turned over to the insurance company for examina- tion by Noah Marker who did not de- mand payment. The owners of the bonds demanded return of the bonds or their value and Noah Marker borrowed SAC. 900 from an Indianapolis bank and settled for the bonds. MT. Shfrk said that he had not been able to find a record of this loan in the Tipton bank s books.
 q do not know" said MT. Shirk, 'the condition of the banks funds, but 1 do know we shall pay every cent Of in debtedness."
 William Marker said that he felt sure his brother would return in few days.
 He has been worrying over letting those bonds out of his hands until he is mentally deranged,' said MT. Marker.
 Noah Marker was connected with the bank 19 years. He was the unsuc- cessful republican candidate for mayor of the city four years ago. He was an active church member
 When the safe was opened this morn ing the money vault was empty. The examiner visited the bank last Friday and 1t was then apparent that some person had emb ezzled a large sum of money.
 The depositors are amply secured against loss. The officers of the bank are:
 President, E. w. Shirk; vice presi- dent, N. R. Shirk; cashier, William H. Marker; assistant cashier, Noah R. Marker.
 Marker had no bad habits, so far as any one here knows. He did not drink, or gamble He was prominent in so- cial and lodge circles.