The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1915-04-13
Charles {. Massey Admits Theft
Of $1S,50O
FROM SIX TO TWENTY
YEARS IN STATE PRISON
PeculatiOns Cover More Than Five
Years, Tells How He Covered his
Accounts.

Shoshone-For confessed shortage
in his accounts of $1S,500, Cashier
Charles +. Massey, of the Jerome
Farmers & Merchants bank, left ShO-
shone Sunday to begin term Of from
to 20 years in the penitentiary.
Judge Boutwell, pronounced the SEN
tence shortly before midnight Satur-
day night The Jerome bank Z few
months ago was acquired by Gilbert
j. White, G. B. keefer and associates
in the management and ownership Of
the Lincoln County National bank, q
strong Shoshone institution 1t car
ried ordinarily about $4,000 in de-
posits and was capitalized at $4,000
White and his associates were pre-
pairing to place their own trained
bankers in the Jerome institution
Massey had been retained temporarily
pending the contemplated change His
service with the bank had dated sew
eral years back. Two years ago his
brother, former acting County Treas
urer Glen T. Massey also became con-
nected with it. Both were relieved
as soon as Mr.. White, who discov-
cred the wrongdoing of the cashier,
had time to verify his findings.
Professor W. NJ. Massey, father of
the young men. Is head of the Jerome
schools. There is no charge against
Glen Massey nor is it stated that he
in any way connived at the pecula-
tions of his brother. A few days ago
Cashier Massey found Mr. White in
the act of looking over the ledger
accounts. A clean breast of the cash
er's doings followed, whereupon Mr..
White sent for the bank examiner, who
| n rriVad r fhQ with o1o
Reiterating his confession Cashier
Massey told how he had been stealing
from the bank for five years and COW
cred his tracks. He stole $4,000 be-
| fore the new management took hold
Upon verification of the shortage ann
pie resources were at once transferred
from the Shoshone bank and else
where in sum amounting to $780,
900 or more. At no time was there
any intention of closing the Jerome
bank.
| What the exact losses will amount
to beyond the liability of Massey's
fiduciary bonds is not known. 1t is
said that the losses will not be seri-
GUS. What Massey did with the loot
is only surmised He lived modestly
and had no expensive habits His
friends were amazed by the revela-
tions In his management of the bank
He was not represented before the
court by any attorney. County Prose-
cutor Heist prepared the papers.
Massey's only expression was to the
effect that he felt better now that he
knew the worst "Oh, am so glad
it is over" he said.
He was insistent that he be allowed
to go to prison without delay, saying
that II he were given his commitment
he would forthwith present himself
to the warden of the penitentiary It
was found impossible to get away
Saturday night and he remained IN
the custody Of the sheriff and was al
lowed Sunday morning to visit his
home folks again. He was in charge
of the bank examiner as a special
deputy to deliver him to the prison
at Boise.
Both his parents. who are aged
people, are residents Of Jerome and
came here from Kansas. The pris-
oner is married and has two small
children