Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1913-02-13
Safe of Marion Trust & Bank
ing Company Blown Open.
WIRE FORT is BUILT
Telephone Exchange Manager Held at
Point of Pistol While Bank
is Looted.

The Marion Trust q Banking Com
many at Jasper was lobbed of 81, OOO in
cash and $3.50 in jewelry at an early
bour Monday morning. The burglars
< broke into the front door OF the build
ing and blew the safe open with nitro
glycerine, FIVE charges being necessary
to accomplish their purpose. The con-
/, tents, consisting of So, 600 in money
and something like $3.50 in Jeweiry
were taken. The $4,000 was fully COW
cred by insurance, but the Jewelry
was not. The jewelry belonged to >.
w. Simpson, who had placed it in the
I bank for safe keeping There were
thought to be about five robbers IN the
hand They secured wire from the
store of }. @ Kelly and made
n breastwork of it before they started
: operations. The glass in the doors and
windows of the bank building was
shattered to fragments
The local manager OF the CumDer-
Ian Telephone & Telegraph Co., Clint
d. Simpson who was sleeping IN the
bank building, was held at the point OF
, a pistol while the robbery was taxing
place, and the telephone wires we're
cut, aud all telephone connection cut
of After the robbery tue men dis ap-
pcafeu huu . JueLO - ~ N"S W. ~
. identity.
q b. Simpson. the telephone oper-
lr.,tor in the local exchange, in one of
\ tha rooms over the bank, tells Crap
hic ,tory of the robbery. He was
sleeniug when the first charge of nitro
olycrrine was fired at 80 O'Clock, but
when the report aroused him by the
\ terrific noise aud shaking of the build
ing. he realized what was happening
a4bsIow and started to got to the switch
hoard to call the sheriff. Upon rails
inc mn in bed, however, be met the
stare of two eyes looking down at
!. him and was ordered by grutf voice
10 lie still for while. Not knowing
what violence might be ATTEMPTED to-
wards him by his midnight visitor,
Simpson readily obeyed the command
for him to remain motionless, which he
did for forty minutes.
s'The next four explosions almost
shook me out of bed, said Mr.. Slmp-
son, ''and even while had my fingers
hored into my ears the sounds came
near deafeniug me-" After he heard
the man in his room go out, he era WI
eG too frightened and stunned by the
(. exnIosion TO walk, to the swltchboar
and ATTEMPTED to call the sherln
There was no answer and after sever
ii other calls we're attempted he dis
covered all three local cables coming
into the Office had been cut at the near
est role to the bank building
Pre-. ideut S H. Alexanuer, of the
Marion Trust & Banking company. and
Casuier F. A Kelly, lost no time ~
Z taking steps to prevent the bank en-
A hsrrassment when time to open for the
davis business came Funds were Sc
cured from South Pittsburg, and the
usual business was transacted.
The safe which the robbers destroyed
a has baeu considered one of the best
outside of large cities in Tennessee
II was rated high by insurance com
uanies and the money in it's vaults
was adequately covered by insurance
There was no insurance on the Jewel
nv aud other valuables placed in the
safety deposit boxes.
DEPOSITORS FULLY PROTECTED.
8. Fl. Alexander notified ms by wire
Yesterday that the amount of insur-
ance carried by the bank fully covers
tbe loss, and that depositors are fully
nrotected A very large safe OF the
newest design is being installed this
week. and no expense is being spared
to get the latest and best in safe build
10. The Marion Trust and Banking
%, is to be congratulated upon the
anick manner in which tney recovered
from the visit of the robbers, there
practically being no stop to the reg,ui,,
\ lar transaction of business, and it Will
serve to make the bank even more Sc
cure in the minds of the depositors,