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'TO Minor IFTER RELEASE 00 OOOOFormer Bank Cashier Provides* $5,000 Bond In Federal Court, pending Grand Jury In-vestigationTRIAL IN BROWN CASEIIEkE SCHEDULED SOONLloyd Nelson, former cashier of the First National Bank- at Milroy, returned here today after having been bound over to the federal grand jury at Indi- j anapolis and released on $5,000 bond. The bond was furnished by-Otto Dietrich of Burney, Ind., and Abdel S. Ging, who lives northeast of Rushville.Nelson was arrested on a federal warrant charged with embezzlement of funds from a national bank. The federal warrant took precedence over grand jury indictments returned by the Rush county grand jury in which Nelson was charged witJ*embez-zlement and larceny. He return-^ ed to Milroy, after his ' release on bond this morning.Nelson’s shortage in the bank is reported at $22,100. Nelson surrendered to Russell Tits-worth, prosecuting attorney, last Sunday and was taken to Indianapolis by a deputy U. S. Marshal Monday afternoon.Nelson had been missing for two weeks following his resignation as cashier of. the Milroy bank.• in addition to the two indictments returned against Nelson by the grand jury, four- indictments were returned against Clarence E. Brown, former cashier of The .Milroy Bank which was recently consolidated with4-Vm TPrlc*- Wat.innnl Rank at. Mil-
Newspaper Details
Rushville Daily Republican
Rushville, Indiana, US
Wed, Jan 23, 1929
Page 1
Full Page
Clipped by
Indiana S.
IN, USA 23 Jul 2021
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