Show f vf v f f THE BANKS USED teller of rm engham alabama bank is short but depos tors will lose nothing birmingham ala within twelve hours on monday alexander R chis holm paying teller of the first na dional bank was arrested charged with the embezzlement of 97 ot the bank s funds given a preliminary hearing before united states commis lioner watson put under bond of 50 and failing to make it Is in the custody of the united states officials during the afternoon W L sims and hays manager and assistant manager of a stock and cotton broker age house were arrested charged with aiding and abetting the elbez clement of national bank funds they were also given a preliminary hearing monday evening and sims bond was fixed at 50 and hays at 10 both furnished bonds the shortage at the first national bank was discovered while chesholm was on his annual vacation W P G harding president of the first national bank said that the bank would not lose the whole amount and that the defalcation would not affect the institution it Is said that practically all the money was lost in speculating in cot ton futures and his losses have ex tended over a period of several months |