The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1916-01-19
CHOSE HANGING As METHOD
Affairs Placed In Hands OF
Special Deputy-Deposit.
OrS Are Safe.
NO REAL REASON ASSIGNED

the village of Dundee, this county
MIR. Weller was Cashier of the Dun
dee Deposit Bank, position he had
held since its organization about 10
years ago. He was also well-to-do
otherwise, owning a fine large farm
and beautiful residence property. He
was popular with everybody and one
Of the county's foremost citizens.
MIR. ]. e. Mitchell was assistant
cashier of the bank.
Mr.. Weller was at the bank as
usual Friday morning, and just as
business hours began, Mr.. L. L. Au-
gustus, State bank examiner, start
ed his work on the books and affairs
of the bank. Within few minutes
Mr.. Weller excused himself on some
trivial plea, leaving Mr.. Augustus
and Mr.. Mitchell in the bank.
The continued absence of Mr..
Weller was not particularly noticed
until after the noon hour, when in
quiries were made. Failing to To-
cate him, his friends and family be-
gan a search, not experimenting any
thing very serious. AS the hours
went by the search became more
diligent and finally about o'clock
in the afternoon his body was found
hanging in the meat house just in
the rear of his residence. He had
picked up a piece of rope that had
been lying around the house for
some time and used it with deadly
effect Evidently standing on salt
/. barrel he had adjusted one end of
the rope to joist overhead, knotted
, the other end around his neck and
jumped off. His feet cleared the
ground only by few inches. When
found his body was cold and nearly
stiff and he had evidently been dead
several hours.
The news Of Mr.. Weller's suicide
created much interest asd sorrow,
for he was we'll known and about
the last man anybody would sus-
pect of doing such thing. He was
of unusually sunny disposition. Fol-
lowing the discovery of Mr.. Wellers
death. Mr.. Augustus, the examiner,
telegraphed for Mr.. R., P. Revel,
Deputy State Banking Commission
er, of Frankfort, who arrived on the
scene next morning.
A cursory examination of the
banks affairs showed no evidence of
any shortage. Soon after, however,
following conference of five
of the directors of the bank, it was
decided to place the affairs of the
bank in liquidation. The directors
of the bank are: Porter Mcdowell,
President; Schuyler Acton, ]. D.
Duke. Martin Neighbors, F. y. Ian
drum, Ellis Mitchell and S. j. We'll
Ter.
After the death of Mr.. We'll /
Ter. who was virtually in charge of
the bank, ii was feared by the direc-
bank. They, therefore, thought it
best for the State department to
take complete charge of affairs.
Until a complete audit is made of
the books of the bank, any state
ment relative to the exact financial
standing of the institution would be
mere conjecture. The last publish
ed statement of the bank, issued No
vember 10. 1915, gives its condition
as follows: Capital stock, SIS. 200;
surplus, $4,000; loans. $4,000; de-
posits, $4,000; cash on hand and
on deposit in other banks, $4,000.
Mr.. G. b. Likens, Of Hartford.
has been appointed as special depu-
ty banking commissioner Cor receiv-
err to liquidate the affairs of the
Dundee Bank. He will be assisted
by Mr.. Paul c. Snyder, Of Louis
VILE, an expert accountant.
There was said to be $4,000 in
cash and money on hand in other
banks when the doors were closed
Saturday. This Is double the
amount of the reserve fund required
under the banking law. 1t is i'm
probable Irregularities like forgery
will be discovered. However. all
pieces of paper in the bank will be
scanned and the signature certified
before the exact condition can be
learned.
Mr.. Weller was small stockhold-
err and In sole charge of affairs. He
was the cashier and one OF the direc-
tors. II is said the bank had not
been prospecting lately. therefore.
the directors placed affairs in the