OCR Text |
Show HONOR OF SON SAVED Father Pays Dollar for Dollar to Bank Looted by Young Man. DES MOINES, la., Nov. 18. To save the honor of his son, Edward McGargill, of Imogene, the father of W. H. McGargill, Mc-Gargill, the bank cashier who disappeared disap-peared with 'a shortage In his account! amounting to $40,000, has announced to the stockholders and depositors of the Institution that be will pay dollar for dollar on the alleged defalcation. Young McGargill went away on the pretext of a business trip to Maryvllle, Mo. Whisperings of Ill-advised speculations specu-lations on the- Board of Trade caused an investigation, which revealed the true condition. It is stated that lie wrote a confession to the fther and the young wife whom he had left behind. He is but 35 years old, and will be welcomed wel-comed home when he returns, but the law will lay no clutches on him, as the father, reported to be worth J30O.0OO, will make his son's books at the bank balance bal-ance to a penny. The bank has been sold and reopened as a private institution known as the Citizens' bank. |