The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1920-06-29
$4,000 BOOTY
IN THEFT AT
CARLOS BANK
Yeggmen Flee South Through
Wayne County in High
Powered Car-Cashier Is
Beaten.
IN MONEY AND BONDS

Four heavily armed bandits held up
the three employees OF the Farmers
Banking company at Carlos City, Ind,
shortly after $50 Tuesday morning
and escaped with $4,000 in cash and
bonds. after striking the cashier, j.
B. Mills, twice over the head, and
tying up the other two employees with
ropes.
The four men, who were said to be
driving a Hudson touring car. effected
the theft without interference after
they had completely surprised the en-
ployees.
The men were reported as having
driven through Greensboro a short
time after the robbery
Tho. four robbers entered the bank
through a rear door No one was in
the bank except the cashier Mr.. Mills,
andsthe bookkeeper. John Coggeshall,
son of the president.
Ono of the bandits slipped up and
knocked Mr.. Mills to the floor with
blows on his head from the butt end
of revolver. Coggeshall was
promptly seized and bound.
Compelled to Open Vault.
When Mr.. Mills recovered con-
sciousness he was compelled to open
the vault. The bandits helped them
selves to practically all the money in
the vault, $4,000 in cash, also $1,000
OF Liberty bonds.
Securing their loot, the bandits
showed Mills and Coggeshall into the
vault and closed the inner door on
them, locking it.
After doing this, the robbers walked
out Of the bank, without attracting
particular attention, got into their
automobile, and drove away.
1t is stated that few minutes after
the bandits left the bank a depositor
entered. He quickly ascertained that
the bank had been robbed and that
the cashier and bookkeeper were pris-
oners in the vault.
Tried to Open Vault Door.
He tried to open the vault door but
without success. Mr.. Mills found a
screwdriver in the vault, it is said,
and succeeded in taking off the lock
of the door.
BY this time the report of the
robbery had generally spread about
the village, but the bandits had had
ample time to make their escape
Nine months ago the bank at Carlos
City was robbed, at night, the safe
being blown. At that time the thieves
secured $1,000 in cash and $4,000 in
Liberty bonds and war savings
stamps.
Binas Cogshall is the president of
the bank, ]. B. Engle vice president
The bank is capitalized at $4,000 with
$4,000 surplus.
Notify Wayne Sheriff
Shortly after the robbery, bank of.
ficials at Carlos City notified Sheriff
Glenn Carr of Wayne county, and
Chief Of Police Wenger, because the
robbers had fled south into Wayne
county after securing their loot.
The robbery of the Carlos bank is
one OF the boldest in the criminal rec
ords OF eastern Indiana. and the first
daylight robbery of a bank that has
been carried out in this locality in
many years.
Carlos City is only a few miles
north of the northern Wayne county
line and is town Of about 800 popula.
ton. The Farmers Banking company
Is the only bank in the village
Wayne county authorities are in
search OF the robbers but doubt if
they will be able to affect their cap.
ture, owing to the fact that the men
were In full fight in high powered
automobile at least an hour before
the report of the robbery had been re.
ceived in Richmond.
Two farmers residing near Philo-
math informed the police that they
saw Hudson car with four occupants
pass on the Philomath road toward
Brookville. The Cincinnati police
were informed that the robbers might
be heading for that city.