OCR Text |
Show QUARTER MILLION SHORT. Ohio Bank Which Failed Had Been Looted for Years. SIDNEY, O.. Oct. 22. The report of the expert on tho condition of tho failed German-American bank was mado today. It shows a cash shortage of J231.C77. The day tho bank closed tho books showed S134.741 on hand, whllo tho actual cash was only S110S. The bank published a surplus of J103.000, but tho report shows a deficit of J250.3S0. Tho report states that the president's account was overdrawn $10,490, and tho cashier's, SI LOGO; although ICO.OOO had been paid In dividends during tho last ten years, during which tlmo tho bank is said to havo been Insolvent. The record shows that no meeting has been held slnco |