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BANKER SUICIDES

— « SHORTAGE OF £60.000. MEMPHIS (Term., Dec. 8. .Memphis financial circle*?, were »siirred by the thjrd sensation within live weeks when business ol the American Savings Bank and Trust Co. was placed in the hands ol’ State hank examiners alto; an employee admitted shortages of £60,000. and then killed himself. Clarence Henoch sberg, assistant cashier and teller, fired a bullet into his heart after telephoning Abe Plough, Memphist capitalist, of the shortage, and saying lie would kill himself unless help coukl be obtained to save himself and the bank. Accountants a t work on the books of the institution sought to fix the extent of the bank’s losses and to discover the relationship, if any, between Henochsberg’s activities and shortages found last Thursday on the disaopearance of Hush H. Parke, clerk ,n the same bank. Parke is .still missing. Hi-s alleged defalcations were iset at £21,000. 1

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19270115.2.37

Bibliographic details

Hawera Star, Volume XLVI, 15 January 1927, Page 5

Word Count
148

BANKER SUICIDES Hawera Star, Volume XLVI, 15 January 1927, Page 5

BANKER SUICIDES Hawera Star, Volume XLVI, 15 January 1927, Page 5

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