Man And Money Gone

Juneau, Wis., Oct. 14. - W. T. Rambusch, president of the Citizens' bank of Juneau, has suddenly disappeared, and, it is said, with a large amount of funds belonglng to other people, araong tliem the money of many minor heirs for ivhom he was administrator. He was last seen in Juneau last Saturday. Mr. Rambusch was always considered a trustworthy man and had the utmost confldence of all who knew him. Prominent in politics for years, he has been the party's leader in Dodge county, being chairman of the campaign committee, and at the last state convention was made a member of the state central committee. Mrs. Laura Winfleld Spence of Fond du Lac, while here on a visit last Thursday, notified Rambusch that she would like to have hirn meet her at Beaver Dam at once, he having several thousand dollars of her money to loan. Not appearing as agreed, she telephoned again. ííot making his appearance, she became alarmed and came to Juneau herself Saturday only to find that Rambusch had disappeared. Attached His Property. Mrs. Spence got out attachments on all his property, ineluding the Dodge county abstract office. Charles Quales of the firm of Quales, Spence & Quales of Milwaukee, attorney for Mrs. Spence, made an examination of the records. Mrs. Spence is a wealthy woman who claims that Rambusch had about half of her money to loan. The examination, it is said, revealed evidences of much crookedness. Mrs. Spence, whose attorneys have begun proceedinga against Rambusch, is the wife of John Spence, brother of T. W. Spence of the law firm of Quales, Spence & Quales. It is estimated that the alleged defalcations of Rambusch may amount to $100,000, and that the amount of money he is said to have absconded with may reach $60,000. Mrs. Spence says he issued bogus mortgages to those who intrusted money to him. Having access to the abstract records, he would furnish a complete abstract of any property he chose, it is further claimed, making the last transfer a bogus one. He is also said to have raised some mortgages and pocketed the balance. Revealed Forged Mortgages. Well-known men all over the county are on his bonds to a large amount for the estates of minor heirs for whom he was guardián. The examination is said to have revealed forged mortgages to Mrs. Spence to the amount of $13,000; to her son, Roger Winfleld, $5,000, and the Nelson estáte, $25,000. In one instance it is claimed that he loaned money at 5 per cent. and paid the owner of the mortgage 6 per cent., for some unknown reason. The Citizens' bank, of which he was president, fearing a run, closed its doors Tuesday. Rambusch was rated a rich man and was one of the three owners of the Juneau bank. He had been engaged in the abstract business for many years, and after the burning of the court house and all the county records in 1879 he had the only abstracts, which were considered worth a fortune. Many wealthy people entrusted him with money to loan. People at Juneau and elsewhere, where he has had many dealings, are greatly excited over the affair. His whereabouts is not known.