The Kokomo Tribune
Howard County, Indiana
Feb 26, 1955
Page 2
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PARAGON BANK IS HELD UP
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PARAGON, IND.------- This Morgan County town quieted down today after
its fifth bank robbery in 25 years, and assistant cashier Lula Knoy,
who
has been through four of them, said, "I'm getting tired---too tired---of
all these holdups." A sallow faced man poked a long barreled revolver
at Mrs. Knoy Friday and forced her to hand over about $4,000 from the
cash drawer and vault of the Indiana Bank and Trust Co., branch. Then
he fled to an automobile in which a companion was waiting. Mrs. Knoy
notified state police at once and road blocks were set up, but the
robber and his accomplice escaped. Mrs. Knoy said the man told her,
"I
don't want to do this but I need the money." Mrs. Glenna Thomas, a
teller, was eating lunch in a back room at the time. She ran out as the
robber fled and saw him climb into the getaway car. She was able to give
police its description. Police reported the car had been stolen two
hours earlier in Martinsville. The holdup occurred just a week after
Hiram V. Hutchens, 49, a Shelbyville tire dealer, was sentenced to 10
years in prison for a $10,322 holdup of the same bank last Nov. 9.
Contributed by Janet McColley Franklin
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