The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-02-28
ILL VETERANS
FUNDS VANISH,
RECORDS SHOW
Lists Reveal investments
Not Made, Yet Estate
Loses Value.
Continued From Page one)

Of today would not be worth more
than $4,000, and that in 1880 the
appraised value set was high.
Listed at Face Value
In the final report of George W.
Rauch, conservator and receiver of
the First National of Marion (the
bank succeeding as trustee of the
veterans eState) the securities are
listed at face value. The Cosmopol-
itan bonds are listed by the veter-
ans bureau as being in default.
Robert P. Kiley, now beer i'm
porter of Marion and an appointee
Of the administration of Governor
Paul V. McNutt, was treasurer of
the Citizens Trust and Savings
Company when Case 1876 became a
ward of the bank.
Mr.. Kiley requested the insanity
hearing in a petition on file, &C
cepted the guardianship of Case
1876 for the bank, and on Jan. Is,
1925, signed the first report of the
handling of the funds Of the insane
ward
Mr.. Kiley was president of the
Marion Title and Loan Company
which assigned mortgage loans to
the Grant Trust, which invested the
same in the trust funds of veterans.
Shown as Treasurer
In the 1880 Marion directory Mr.
Kiley is shown as the treasurer of
the Grant Trust, succeeding guard
ian of veterans funds after the
merger with the Citizens Trust.
Then up to the time that the
First National of Marion (the old
bank Went into receivership, Mr..
Kiley is shown as director of that
institution.
Request for the stockholders list
of the First National in Marion (the
new institution was refused The
Times by Mr.. Rauch, candidate for
senatorial nomination on the Demo-
cratic ticket, on the premise that
he did not desire to embarrasS
stockholders. Mr.. Rauch is re-
ceiver for the old First National.
Mr.. Kiley is not shown as direc-
tor or officer of the new First Ma
tional in Marion.
A Peacock Who Strutted
The guardianship case history of
No. 2347 is that Of a peacock who
strutted and got away with it.
Case 2347-let's call him john
liked good clothing, and got them.
He's in Poland now, being the big
frog in the little Polish puddle Of
a town.
AS far as the United States is
concerned, he's still of unsound
mind and his estate is held in trust
by the Marion National bank Of
Marion.
But while he was under guardian
ship to the old Marion National
bank, he was able to get $45
overcoats, $40 suits, $11.35 shoes,
81 hose, So ties.
Then he was discharged from the
veterans hospital at Marion to go
back to Poland.
Expenditures Approved
John had it in his mind to re-
turn to Poland, or at least he may
be credited with it, for the old Mar
ion National banks trust depart
ment approved the following eX-
penditures in September and Oc-
tober: $40 oxfordS, two pajamas,
$3.50; three handkerchief, 81; four
mems hose, 81; one suit, $40; one
hat, SIS; two ties, $3.50.
Then on April 20, 1881, Case 2347
bought his going garb. The
total came to $31160 at Price
Hutchins Clothing Company, by
the time he finished buying in May,
1881.
Itemized the bill runs like this:
One suit, $3.50; extra pants,
$3.50; one topcoat, $50; one Glad
stone, $25; one trunk, $40; one
travellers set, IS; one overcoat, $35;
one suit and extra pants, $25; one
hat, $40; one cap, So; three suits of
pajamas, one SIS, one 1915; four