BANK FAILURE
CABLE NEWS
(United Press Association—By Electric Xiiegraph—Copyright.)
CASHIER SENTENCED
TWELVE MOSTTHS' IMPRISONMENT.
(.Received June 26, 11 a.m.)
June 25
Sc'tbcechf., ft;he ca&hir.r of the Savings '-Bank at Baluoh, id-Zurich, which failed recently, the liabilities being set clown' at £280,000, has been sentenced to twelve unord.'lis' rnroT-isonment, and four of iShe directors to terms (ranging from a Ifontnaght to three ■mo'nths' imprisonment.
(The awkward position the hank got f.nto is said ito have been doie.'to the*-, manager, Mueller, .speculating with the' funds for over twenty years. Muelleir fcammitted suicide *
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https://paperspast.natlib.govt.nz/newspapers/WAG19120627.2.17.4
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Wairarapa Age, Volume XXXII, Issue 10670, 27 June 1912, Page 5
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90BANK FAILURE Wairarapa Age, Volume XXXII, Issue 10670, 27 June 1912, Page 5
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