Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1909-10-20
CASHIER A suicide;
ALLEN IN CUSTODY
Frank Hanscom, Mineral Point
Bank Cashier, Shoots Self.
Shock Kills Mother-in-Law = Deputy
Acts Promptly Following Death
of Bank Officer

Mineral Poiut. Wis, Oct. 18-
Sensation is fast following sensation
as result of the wrecking of the
First National bank.
Frank E. Hanscom, cashier of the
ruined bank, worried over the closing
of the bank, as we'll as the loss Of his
personal fortune in the wreck. shot
and killed himself in the cemetery on
his fathers grave.
Mrs John Gray, his mother in law,
upon hearing of the suicide, threw up
her arms, screamed and fell dead of
heart failure.
TAKE ALLEN TO MADISON.
Monday night, following these
startling developments, Deputy United
States Marshal John Kelley arrived
from Madison to take Vice President
Philip Allen, Jr, accused of forgery
Madison for a hearing, despite the re-
ports that Alien is seriously sick.
As though this were not sufficient
for one period Of twenty four hours it
is now reported that the examination
of the wrecked bank and the papers
show that safe deposit boxes have
been opened and rified of valuable
papers, an instance of the disap-
pearance Of So 800 mortgage being
1umored There is 40 confirmation
of these reports. however. The ar
rival of Deputy Marshal Kelley is
presumed to be the direct result of the
Banscom suicide, and the determine
tion of the government authorities TO
prevent the possible suicide of Allen,
who hitherto has been merely under
surveillance. He will be taken to
Madison in the mo ming. arraigned,
and il is said that bail required will
be not less than $50, This may
assure his being kept in custody.
NO OTHER WARRANTS.
One report, however. is that Allen
has prepared to plead guilty and &C
cept immediate sentence. Nothing
could be learned, however. as to the
future course of the federal officials
1t was known, however, that Deputy
Marshal Kelley did not bring any
warrant for other bank officials.
The suicide of Hanscom is not due
to any criminal connection with the
wrecking of the bank, but simply to
worry and strain, for Hanscom,
though nominally cashier. was in
reality no more than teller. so close
ly did Allen retain direct control Of
the banks affairs.
The dead cashier was relative by
marriage of Allen, the alleged wrecker
of the bank, Allen first wife, who
died several years ago, having been a
sister of Mrs Hanscom and daughter
of Mrs Gray, whose death followed
that of the cashier.
Hanscom had been in DO way con
nected with the cause which led to
the suspension of the First National,
but 1t is known that the closing of
the bank preyed upon his mind con-
tinually.
HEAVILY INTERESTED IN BANK.
He was heavily interested in the
institution. with other relatives Two
brother-in-l laws, S. j. nhaIlegon
and John Gray, Jr., were stockholders
in the bank and Mrs. Gray, his
mother in law, was heavily interest
ed.
The suicide of Hanscom, who had |
a splendid reputation. here has Great
ed a sensation second only to that of
the closing of the First National bank
and the subsequent arrest of Allen. I!
Hanscom is survived by his widow
and two daughters.
LONG WITH INSTITUTION.
Hanscom had been connected with |
the First National bank since it's
antedating Phil Allen,
Jr., in point of service. He began |
90 boolzLaopor ond oorr;od ,nuoh Of fha