Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-06-13
BAD PAPER fLOATED?
COURTS INVESTIGATE
[continued From Page IL

the. funds of the state secured, there
would have been a loss. according to
best reports, of about $4,000. the bulk
Of the former pastors little fortune.
Bad Paper Turns Up.
An assistant cashier Of a bank in
a nearby town, was the first man.
and from those on the inside to learn
that there was anything wrong with
the paper foated by Joice. His bank
held $4,000 in paper endorsed by
Joice, when a note came to the bank,
from bank in a distant part Of the
state. purporting to be signed by q
man in that territory and endorsed
by Joice, for 20. K" The note would
probably have been approved without
question had it not been for a delay
in answering the letter. Meantime
the next mail brought another note
purporting to be signed by the same
man, also for $4,000. This made the
assistant cashier in charge suspicious
so he decided to investigate little,
and called Lake Mills to get the bank
there to question them about it. At
the same time the cashier of another
bank in that town was talking to the
Lake Mills National Bank about
third note for s5,00O also purporting
to be signed by the same man. and
endorsed by Joice, which had come
to it from still another bank. This
coincidence" caused the bank first
mentioned to Investigate, and they
learned the paper was valueless.
They refused, of courses, to o. K. 1t,
and Immediately hunted Joice up. He
decided the bank section of land to
square the $500 note it already held.
Since then it has been learned that
banks all over this section of the coun-
try had been buying paper of the same
kind.
County Attorney Has Case.
Official confirmation of the reports
secured was in measure given early
Sunday morning by County Attorney
G. H. Belsheim, who stated without
hesitation that the matter was under
consideration in his office, and that
there are still several unsettled claims.
Mr.. Belshiem would have preferred to
have few days longer, but he was
frank in his statements about the mat
ter.
When asked whether grand jury &C
ton would be instituted by him III the
state courts, he replied that he did not
care to in any way conflict with the
lnVeSllSdtlOn DelnS COLuuCtcu Wy lily
federal authorities, and would reach
no decision until he learns what action
the United States officers take. He has
no intention of permitting the matter
to be hushed up and dropped.
Bank Not Involved.
In justice to the Lake Mills BANK
it must be said that the deals of Mr.
Joice have in no way affected the
solvency of credit of the bank of which
he was the head. A two months ex-
animation Of the books disclosed noun
ing wrong for many years back
The attitude of Lake Mills citizens
is typically illustrated by that OF N
lessen, president OF the Union de-
partment store, the leading place OF
it's kind in the town. Gail these
rumors are greatly exaggerated" said
Mr.. lessen, "and when they are SIM
nered down there will be but little to
them. I have stood very close to Mr..
Joice, and am in position to know
something about it."
Joice's whereabouts Unknown.
: Mr.. Joice's family consists OF MS
wife. and one son, wilfred, and two
daughters, one Of whom is married.
The family is said to be in California
The whereabouts of Mr. Joice can not
be learned either by newspaper men or
the authorities.