Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-03-02
SIPE INVESTED
AND ADVANCED
MANY THOUSANDS
CONTINUED From Page One,

1921. II
H. E. Hefny, $3.50; dated Dec 10, 1921.
A c. Simms. $500; dated Dec. 9, 1921
Chester A. Tillman, $500, an employ OF
Sipe dated Dec. 81, 1921.
Gordon Donaldson, $50; dated Nov. 81
1919.
MISCELLANEOUS
HOLDINGS LISTED.
Under the head of miscellaneous hold
ings the following are listed:
interest in Celery Vesce formula, I'M
der contract between L. H. Van Brig
gle and others and the Van Briggle Chem
zeal Company.
Interest in agreement between Joseph
W. Young and associates and Security
| Trust Company.
Interest in contract between Richard
V. Sipe, first party, and Willis c. Muse
baum, L. Ert Slack and George c.. Rinear,
second parties, covering attorneys fees
upon claim Of Theodore Stein against
Marion County.
Bond coupon. $1.19.
Blanket bond to K. V. Sipe covering
employees in clerk $ office, made by FideI-
ity and Deposit Company.
Assignment certificate of title to Ford
automobile"
MIR. Havens lists the following real es,
tate as having been turned over to his
concern.
Deed for property, $500 North Capitol
avenue, two-thirds Of equity.
Lot Hawthorn and Washington streets,
two-thirds interest.
Lot in Beechwood addition, two-thirds
interest.
$4,000 PERSONAL
INSU RANCE POLICIES.
Mr.. Sipes' insurance policies are listed
follows: Aetna Life, $4,000, Phoenix
Nut ual, $500 all payable to Grace r.
Sipe, and Globe Indemnity Company.
messenger, office robbery, and safe
burglary.
BILLS OF SALE
tTURSED OVER.
The list includes the following bills of
sale turned over to the bonding company:
For interest In Equitable Securities
Company.
Interest in Sunnyside bonds, deposited
is collateral security at the Commercial
National Bank.
Interest in Jones' Whitaker Sales Com
pany stock.
Interest In Royal Theater.
Ford automobile coupe.
Interest in Indianapolis Ledger, bill OF
sale for same in hands Of r. L. Broken
burr
Interest In Pivot City Realty Company
stock, deposited with Sipe as collateral
security with Fidelity Trust Company.
A statement, signed by Mr., Ravens,
accompanies the report. 1t sets forth
that all of the property has been as
signed to his company by Mr.. Sipe and
viii be held to indemnify the company
for any loss 1t will sustain on the de-
faulting clerks bond.
Mr.. Fesler stated it has not been de-
termined what amounts, If any, were
spent Of county money for the various
shares Of stock purchased by Mr.. Sipe
when he was county clerk. That must
be determined by proper investigation,
he said.
Mr. Sipe has stated he has turned
over all Of his possessions in an at
tempt to cover his losses.
Refusing to make any effort to obtain
bond and declining the proffers Of nnan
clal assistance for bis personal needs from
trennds. Sipe sat H. his cell in the Marion
County Jail today seemingly in the best
of spirits.
81 am not talking any more" said Mr..
tSipe, because 1t might worry my wife"
In statements made yesterday Mr. Sipe
disclosed where $4,000 OF the funds had
gone. but all efforts to account for the
remainder OF the admitted shortage have
proved unavailing.
plead guilty. Yes. I guess So" he
Salu III EtepoHbe 70 a Us 10 hAS ih-
tentions when he IL arraigned on the
charge OF embezzling $4,000 from Noia B.
Parrish, the specific count on which his
Arrest was based.
Sipe has refused to obtain a lawyer and
declared he has not made up HIS mind
whether be will voluntarily 60 before tbs
grand pury which will start an investi-
cation of the case next Monday.
SAYS ONE MAN DID
KNOW: GUARDS NAME.
One OF the significant statements made
by Mr. Sipe, today, however, was that
lone man did know" that the money he
obtained from the former clerk was out
Of the trust fund. He declined to reveal
the mans name.
This is important, officials said, because
one Of the angles Of the investigation
will center around whether there was a
conspiracy to defraud the trust fund.
sipe has stated that his defalcation
started In September, 1921, and 1t has
become known that several weeks ago,
before any intimation that he was head
ing toward a crash became known, he
attempted TO borrow $500 from Leo *.
Fesler. county auditor.
Sheriff George snider and Mr.. Fea-
Ter conferred with Sipe today in re-
Spouse to a call. It is understood the
conference dealt with the problem OF
saving his home for his wife. sipe has
assigned all his property to the Hart
ford Accident and Indemnity Company,
which was surety on Ills 100000 bond.
Mrs sipe, who has gone to the home Of
her parents In Rushville, has refused to
sign the assignment, 1t is said.
Prosecutor william p. Evans has In
structed operatives from his office to be-
gin gathering up facts which will be
laid before the grand jury. Mr.. Evans
expects to give the investigation his
personal attention, believing the Hart
man case will be completed before the
grand jury meets.
II is understood that aside from go
ing into the conspiracy angle the grand
jury will seek to learn In what man
ner the money was disbursed' and how
1t was obtained.
I'VE hope to be able TO get the books,
bank stubs and vouchers which are now
in the hands of the field examiners Of
the State board of accounts" Jackson
Carter, grand jury prosecutor, stated.