Show STATE TREASURER SHORT SOUTH DAKOTA OUT THREE THRE r HUNDRED TIrO THOUSAND USAND the alie defaulting official W W taylor Is missing and his bank at redford Eed field Is closed pierre S D tan jan athe D the alleged failure of W W taylor tho the out outgoing going state treasurer to turn over the office to lo his successor yesterday has fice started a rt ed rumors flying of an tion to taylar seemingly minely cannot be loca located tedI but his bank at redfield closed its I 1 I 1 doors last et ening and he ha is alleged to be short a large laige amount of state funds just how much cannot now be learned I 1 it Is ig reported that about should be on hand public examiner meters has not been able abla to secure a statement where the funds were deposited since last april telegrams sent from i 1 here appear to have tailed failed to locate 1 taylor ex governor mellette one of his bondsmen is on the road to andl ana and other bond are on his track THREE diirr r HUNDRED THOUSAND minneapolis jan 9 0 A special to the journal from aberdeen S 1 D sas from an aft absolutely reliable source it 1 Is learned that the defalcation 0 of state treasurer W W r taylor will reach jo practically all state moneys money were in his own hands except some e or which v cieli was on deposit t in various banks the wreck is IB corn com it has been known for a year that mr taylor personally has been in bad str straits alts but not one of alg most intimate friends thought his situation hopeless hope hop lets elers or even desperate they knew lie had been advancing and investing noney recklessly considering con considering 1 the times yet they never dreamed earned dr the truth when the official make an investigation of the treasurers Treasur ers offic they will be simply arpa ar palled llod at the condi condition tio 4 of affairs walter 17 taylar was born in indiana about and tor for a time associated with his father william taylor in the wholesale coal business at lafayette ind from the time lime he be was 13 years old he had almost exclusive charge of the bus business iners and demons trat r rd fd d a wonderful capacity for or grasping the details and intricacies of every large trade ile he came to dakota in ill and established the first national babik of redfield which he toon soon made one of the leading financial institutions institution s in this lie ile took an a active tir part in politics from the first was vas clinest in the struggle for state statehood nood and was it a delegate from spink county to tile the first state convention held in huron in issa at tile the cpru oval con convention venton of asso do held at mitchell Ml he it e entered the for sta state te race treasurer and lecul secured ed the nomination nom ina tion after a spirited and exciting contest ho he was and elected for a record term terin which will c h he h completed on the of january of the present year the tha bank had a capital of a surplus of 20 and did a large business LETTER LETT EH FROM redfield ned Held S D jan 9 taylor was last seen in chicago january ath lie he went rent from chicago to new york since which time no information has been received as to his whereabouts reabouN and it Is not known whether tho the state or his bondsmen eliav e been protected in any way vay 0 or r not ly by him no bank banic f Is involved in the default lef aull pierre banks were suspicious of taylors alas absence ence arid and withdrew their deposits from the bank here before it closed tile the following letter lc lter was received today under date of Jai january luary ath by tile the bank banic here tho the envelope was post mar kod new york january oth it v NIll ill throw important light on the matter and attic all doubts als a to taylors disappearance j I 1 am compell to inform you that I 1 will ill sot not return to lied Sold or pierre I 1 havo counted cOu on friends in 11 up my lement avith n etli tile the state mate and felt that hat it would woul 1 he be done don I 1 e until tho the list I 1 few e w days I 1 feel tellof ed ta know the tha birst national of 0 redfield I 1 A not in any way a y rightfully by iny misfortune and hopa bop that ili pa patrons arons will believe you ag aa they should tor for 3 you ou have alil always rays kept kepi the bables affairs in good eab con condition I 1 bivil there la is no mazon loaton why I 1 h hank book should he ula V I 1 I 1 cuse for my ca condition allhouse all housh I 1 havo have many and believe rily belf yours tu v V W W n it deve develops lopi ii a plaster mortgage reached redfield wednesday morning and was duly filed in the register of deeds office transferring to a company in chicago all his real estate and chattels in this city and in spink county next to the state the blow falls terribly hard on his principal bondsmen who reside here they qualified in sums g all they have in the world the entire city used the bank for a A iee a deadly paralysis has affected all the arteries of trade and social life comptroller eckels has wired that examiner zimmerman zim merman has been ordered to come here at once and take charge of the bank |