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Waterloo Evening Courier in Waterloo, Iowa

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Newspaper

Waterloo Evening Courier

Location

Waterloo, Iowa, United States of America

Date

Aug 28, 1925

Page

12

Masonville bank cashier 70 to serve in state prison

Jules Gleason former assistant cashier of the Masonville bank pled guilty to embezzlement and was sentenced to up to twenty years in the Fort Madison penitentiary. He admitted taking nearly $50,000 over 12 years, a motive in the bank's April closure, with the loss uncovered through steady concealment. The judge deferred parole extent to a board decision.

Masonville Bank Jules Gleason Manchester Boles Fort Madison Boies Board of Parole Gleason

Bank Dept Seizes Funds as Anstead Man Faces Bankruptcy

Nearly 50 000 dollars were involved as the state banking department took charge. Mr Gleason fled a petition in bankruptcy. Gleason made no effort to flee but attempted to arrange prepayment to the bank of its creditors for the amount he had taken, but was unsuccessful.

State Banking Department Mr.las Gleason

Also Mentioned on This Page

Lillis C. W. Bruner Black Hawk Safe Deposit Boxes Insurance, Loan & Investment CO Lapayette Blyg Waterloo Canning Company Commercial Bank Walter Meyer Iowan St Watkins Gates College W. Park Ave Phare Wilheim’s America Frances Shop Slis CMU HS East Fourth Street Styles BURGH Pirate Lyons Splitdorf Central Battery & Electric Co East Park Avenue Franklin Street Waterloo Mason City
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