c963afd2None
Click image to open full size in new tab
INDICTED FOR WRONG DOING. Sedalia, Mo., Dec. 3 - Cyrus Newkirk, president of the s dalia National bank, which suspended May 4, 1894, with shortage of $256,000, has been indicted by the Petis county grand jury on nine counts for petit and grand larceny.
Click image to open full size in new tab
No lady will ever know how superior to every other Dr. Price's Cream Baking Powder is until sbe tries it, Bank-Wrecker Indicted. SEDALIA, Mo., Dec. 3.-Cyrus Newkirk, president of the defunct Sedalia National Bank, which suspended May 4, 1894, with a shortage of $256,000, has been indicted by the Pettis County Grand Jury on nine counts for forgery and grand larceny. the same as J. Thompson, the fugitive cashier. Mr. Newkirk is now in California for his health.
Click image to open full size in new tab
Charged With Forgery. SEDALIA, Mo., Dec. 6.-Cyrus Newkirk. president of the defunct Sedalia National bank, which suspended May 4, 1894, with a shortage of $256,000, has been indicted by the Pettis county grand jury on nine counts for forgery and grand larceny, the same as J. Thompson, the fugitive cashier. Mr. Newkirk is now in California for his health.
Click image to open full size in new tab
$137,346,000 Lent During September by C., Report Shows Marked Decline in Number of Applications Is Disclosed. By Associated Press. WASHINGTON, October 22. The monthly report of the Reconstruction Corporation to Congress today showed advances authorized in September amounting to $137,346,000 and outstanding loans of nearly $1,000,000,000. Made public today by South Trimble, clerk of the House of Representatives, the report revealed marked decline in applications for loans by financial institutions as compared with the 1151 received in August. In September, there were 700 such applications. Less repayments exceeding $100,000,000, loans outstanding to financial institutions and railroads wre listed at $995,406,493 on September 30, with $289,580,373 in authorized advances to the same class of borrowers yet to called for Crop Relief In the statement of the corporation's condition on September 30, recorded that of the $110,000,000 granted the Secretary of Agriculture for crop production loans, $35,000,000 remained in addition, total of $125,900,587 in loans authorized for relief purposes and self-liquidating projects had not been called upon by October 1. During September, the report said, $64,217,500 in loans was authorized to financial institutions, compared with $122,277,641 in August. New loans numbering 691 totaling $59,155,319 were authorized in September and the remainder were increases in previous loans. Of the total, $28,981,374 was advanced to banks and $21,293,541 to railroads. In August total 1110 new loans was authorized. Of the applications for loans to states and cities for relief purposes, the corporation authorized twenty-seven to twenty-three states and territories in September, amounting to $18,523,502. It granted three of sixty-six loan applications for self-liquidating projects aggregating $53,105,000, and authorized $1,500,000 loan to the Sun-Maid Raisin Growers' of California. Aid Loans at 3 Per Cent. The relief loans are at per cent interest; bank loans at 5 and 5½, and railroads and per cent. Among the larger loans authorlized in September were, to the Metropolitan Water District of Southern California, $40,000,000; the New Orleans Belt Railroad bridge in Louisiana, $13,000,000; Railway Company, New York, Chicago and St. Louis, $6,800,000; Denver and Rio Grande Western Railroad Company, $3,850,000; the Pennsylvania Railroad Company, $2,000,000; Union Guardian Trust Company of Detroit, $2,767,000; State of Illinois, $5,000,000; Pennsylvania, $2,500,000; Ohio, a total of $2,807,000, and Louisiana, $1,008,844. Chairman Atlee Pomerene of the board said, in letter accompanying the report, that the board had in debentures to the Treasury in September, making total of $600,000,000 sold, which, with the $500,000,000 capital set up by Congress, brings the aggregate amount procured from the Treasury since its organization to $1,100,000,000. Actual cash disbursements in September, report said, amounted to $73,592,596. cash balance of $31,545,053 on hand October Chairman Pomerene also reported that number of authorized loans had been by prospective borrowers or withdrawn in full or in part, aggregating more than $2,000,000. Loans in Missouri. Loans authorized during September to banks and trust companies, "exclusive of amounts withdrawn or cancelled" during the month, were listed to include the following: Missouri Bland, Farmers and Traders' Bank of $2200. Chamois, Peoples' Bank of Chamois, $30,000. Chillicothe, First National Bank of Chillicothe (receiver), $35,000. Eldorado Springs, Bank of Eldorado Springs, $4000. Leonard, Farmers' Bank of Leonard, $5000. Luray, Central Bank of Luray, $1500. Maplewood, Bank of Maplewood and Trust $100,000. Citizens' National Bank of Maplewood, $57,000. Marceline, Marceline State Bank, $2500. St. Louis, Hodiamont Bank, $15,000. St. Louis, Vandeventer National Bank of St. Louis (receiver), $187,300. Sedalia, Sedalia National Bank (receiver), $30,300. Sumner, Sumner Exchange Bank, $11,000. Waynesville, Waynesville State Bank, $9000. Loans authorized July 21 to 31. which withdrawn cancelled in part September 22 to 30: Missouri-St Louis, Lowell Bank $1000 and Macon. First National Bank and Trust Company, $2500.
Click image to open full size in new tab
SUCCEEDS OCTOBER Known Local Will Have Charge of Banks In This District. ASSETS ONE MILLION Has Been CollectNew Receiver Asks Full Cooperation. William Koenig was notified this morning by telegram from the comptroller's office Washington, of his appointment receivthe Boonville National Bank, the Citizen's National Bank of Sedlia, and the Sedalia National Bank Sedalia to succeed John Carlon. Mr. Koenig takes charge of the three banks Oct. and respectively. Mr. Koenig received the following telegram certifying his appointment: "Washington, 1933. "William Koenig "Boonville, Mo. are appointed receiver of the Boonville National Bank, Boonville, Citizens National Bank, Sedaand the Sedalia National Bank, Sedalia, Mo., to take effect at the close of business Oct. and respectively. You succeed John Carlon, resigned. Take over trusts dates mentioned and acknowledge receipt of this telegram by Commissions and instructions be forwarded to Boonville. O'Connor, At the same time another gram from Comptroller O'Connor received by Mr. Carlon notifying him the acceptance of his resignation and informing Carlon the appointment Koenig successor. Mr. Carlon was structed to turn over trusts, etc., the dates mentioned. Carlon To Return Home As stated in the telegrams, Mr. Koenig will take over the receivership of the Boonville National Bank Oct. 14, The Citizens National Bank of Sedalia Oct. 16, and the Sedalia National Bank, Oct. Mr. Carlon. who has been with the federal comptroller's department for the past 18 months, said this morning that he would return his home to Brookfield, Mo. had been rumored for some time that change would be made replace the Republican administration receiver with someone lected from Democratic Sevranks. eral prominent Boonville made application for the position. This morning Mr. Carlon met Mr. Koeon the street. They greeted other and struck up casual conversation. While they talking messenger boy came up them. He handed telegram. "Well, here Carlon Mr. Koenig took out penknife and opened the telegram. He handthe knife to Mr. Carlon opened his telegram. Mr. Koenig's telegram read as stated above. Mr. Carlon's telegram notified him of the termination his duties. said Mr. Carlon. "Thank returned Mr. Koedo my best to carry out the receivership as quickly as Well Qualified Mr. Koenig, who widely known Central Missouri, and who familiarly called "Doc" by hundreds of friends, ably fitted for the receivership duties. For the past years he has been prominent in banking and farm loan circles here. He Cooper collector county from to 1915. In he of the Farmers Trust Company and charge of the real estate loans. He president of the Citizens Trust Company, associated with the Farmers Trust, and efficiently handled the liquidation of those institutions. said that Koenig knows every farm Coopcounty and many farms in The Boonville Insurance Agency continue operate in its presquarters without change Mr. Koenig said. He that he had instructions regarding the personnel at the three banks he taking hope complete liquidation of the banks quickly Koenig said, may at this time for the cooperaof the community. accomplish this and (Continued
Click image to open full size in new tab
FOR SALE -By bank receiver127 acres Imperial county: All that part of north half Section 28, Township 12, South, Range 13 East S.B.M., lying west of Westmorland branch of Southern Pacific railroad except right of way and easements for roads and ditches. This land must be sold and offers are requestd from interested parties by Wm. L. Koenig, Receiver, Sedalia National Bank, Sedalía, Missouri. (A28-S4)
Click image to open full size in new tab
FOR SALE -By bank receiver- 127 acres Imperial county: All that part of north half Section 28, Township 12, South, Range 13 East S.B.M., lying west of Westmorland branch of Southern Pacific railroad except right of way and easements for roads and ditches. This land must be sold and offers are requestd from interested parties by Wm. L. Koenig, Receiver, Sedalia National Bank, Sedalia, Missouri. (A28-S4)
Click image to open full size in new tab
FOR SALE -By bank receiver127 acres Imperial county: All that part of north half Section 28, Township 12, South, Range 13 East S.B.M., lying west of Westmorland branch of Southern Pacific railroad except right of way and easements for roads and ditches. This land must be sold and offers are requestd from interested parties by Wm. L. Koenig, Receiver, Sedalia National Bank, Sedalia, Missouri. (A28-S4)
Click image to open full size in new tab
# FOR SALE -By bank receiver- 127 acres Imperial county: All that part of north half Section 28, Township 12, South, Range 13 East S.B.M., lying west of West-morland branch of Southern Pacific railroad except right of way and easements for roads and ditches. This land must be sold and offers are requestd from interested parties by Wm. L. Koenig, Receiver, Sedalia National Bank, Sedalia, Missouri. (A28-S4)
Click image to open full size in new tab
FOR SALE -By bank receiver- 127 acres Imperial county: All that part of north half Section 28, Township 12, South, Range 13 East S.B.M., lying west of Westmorland branch of Southern Pacific railroad except right of way and easements for roads and ditches. This land must be sold and offers are requested from interested parties by Wm. L. Koenig, Receiver, Sedalia National Bank, Sedalia, Missouri. (A28-S4)