1.
December 28, 1926
St. Joseph News-Press
St. Joseph, MO
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BANK AT NINTH AND FRANCIS POSTS NOTICE ON DOORS.
President Says Action Was Forced but Insists That Finances by Are In Good Connected With Bartlett. the Fidelity Trust Company, the closing the Bartlett the Fidelity to close shortly after o'clock this short after the curtains had this sign posted on the company closed by board of directors. Department of finance
"Everything All Right. "Everything is all right." Stewthe Fidelity were Mr. Stewart said prepare the day. The capitalized for which, Mr. against loss. The Fidelity Trust Company the Bartlett Trust Company.
Officers of Bank:
The of to the last : follows: Hillyard, Power, Ident: and Grable, Mr. Hillyard, the only who could hour stated that officer the this time, having signeed six The for The McNally Bank Directory the the cash the and the total deposits at $693.00.
CITY'S DEPOSITS
Was Fidelity Trust Company, Money Closed. The city had money on deposit but $92,000 the Fidelity Trust had city is secured personal amply city the second time that the city money bank within the deposits Security South Park when closed Its doors. The these posits last The protected personal bond
2.
December 28, 1926
The Brookfield Argus and the Linn County Farmer
Brookfield, MO
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FRIENDS
IDEA OF THEIR "FAN" FRIENDS WILL NOT DOWN.
Will Endeavor to Get Congress to vestigate Organized Baseball. The Result of the Move Will Be WatchBy Nation's Fans.
(International Wire News) Cleveland, Dec. Speaker and Ty Cobb probably will to the courts in an effort to seek redress from Landis and the American according to Boyd, attorney, arrived from ington this morning. Tris will not to federal aid even if possible, Boyd explained. advise him when to file don't represent Cobb, but understand they will act unison.
St. Joseph, Dec. large banks closed today only hours apart. Hardly had the directors of the Bartlett Trust Company, one the city's oldest banking institutions, ordered the doors closed cause of threatened heavy than run, the directors of the Fidelity Trust Company ordered that bank closed also. Whether the closings had any bearing each other not known. The affairs were turned to the state finance commissioner.
Gallatin. Dec. funeral service for Alexander former governor of Missouri, will be o'clock tomorrow morning the Methodist Episcopal Church south here. Mr. Dockery was member of that church. The services will be charge of the Mason grand lodge of St. Louis.
Austin, Texas, Dec. 959 pardons, paroles and other executive elemency record since the beginning of her administration, Governor Miriam Ferguson began refusing pardon seekers today.
Ventura, Cal., Dec. was the toll today of the biast the gasoline absorption plant of the General Petroleum Company here terday afternoon. Nearly score under treatment for burns.
London, Dec. George Fresident Coolidge will inaugurate the telephone service some time January, talking between Buckingham Palace and Washington, the Daily Express today.
Paso, Dec. passed comfortable seriously with pneumonia in the lung.
3.
December 29, 1926
Jefferson City Post-Tribune
Jefferson City, MO
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PSYCHOLOGY OF FEAR IS DEMONSTRATED IN ST. LOUIS
By the Associated Press. St. Joseph. Mo., Dec. psychology of fear was demonstrated here yesterday afternoon when a run on one bank caused a run on another. and both institutions closed. The Bartlett Trust company. one of the strongest banks in St. Joseph for years. closed its doors The day since last Thursday. before the institution closed more than $60.000 was withdrawn. and crowds stormed the bank The Fidelity Trust company. having no connection with the Bartlett. of the Bartlett. within a block after the Bartlett closed the Fidelity charge.
The Bartlett closed only after ineffectual pleas were made to the Joseph Clearing House association for assistance. Finally an appeal was made to Milton Tootle. Jr., president of the Tootle-Lacy National bank and one of the leading financiers of northwest Missouri. R. E. Shelby. of Stanberry. Mo., a state banking examiner. arrived this morning and took charge of the Bartlett Trust company, and Truman Richards, of Lamar. Mo., another examiner. arrived at the same time and sasumed charge of the Fidelity Trust company. Mr. Shelby said no statement on the condition of the Bartlett company would be made for two weeks, by which time the inventory will be completed. and that the trust company would be re-opened with the state in charge, however.
4.
December 29, 1926
St. Louis Post-Dispatch
St. Louis, MO
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$98,000 RUN CLOSED TWO ST. JOSEPH BANKS
Directors of Bartlett and Fidelity Trust Companies Declare Both Are Solvent.
ST. JOSEPH, in the Bartlett Trust Co. positors and the Fidelity Trust loss through the closing of fer no two officers of these banks The closings make the 56 State banks which have closed this "The bank cent pay the depositors, but it a of We thought it best to ter close when we did to protect all the depositors. There is in the bank vaults at more than the law money president of the Bart lett Trust Co. the statement by dent the Fidelity Trust Co. of "There is absolutely no question that our depositors are fully protected and that the bank will pay ever he said. The suspension of business by two banks about shortly noon Monday and cipitated by runs on those tions by depositors. When it obvious that the runs would not the board of directors of both ordered the banks closed and wired the State F1 Commissioner at Jefferson City to take over their affairs.
Blame Farm Depression. The last statement issued by the Bartlett Trust Co. on Nov. 22 last, total resources of $2,515.of which $1,929,700 were loans on real estate security The company has a paid-up capital of surplus of and undivided profits of $59,000. The Fidelity Company had cap. ital of and deposits of R. E. a deputy State nance Commissioner will be charge of the bank's affairs. The reason for the closing of the Bartlett Trust Co., was given as depression in the agricultural ter loans made on far esWhile the financial difficul of the bank brough about, primarily by the condition of the land loans, it is said to greatly by differ ences among members of the Bart lett family, of which there are eral all in the Bartlett Trust Co., or the Bartlett Mortgage Co. Depositors Withdraw $98,000. Two directors of the Bartlett Trust Co., Marmaduke Morton and George M. Johnson. resigned from the directorate Monday of differences as to the policies of the The announcement of of Albert L. and Walter C. vice and of Bartlett Mortgage Co., as of the Bartlett Trust Co. and taken as indication of the effecting of closer harmony within the family The slow Trust Co., started last Thursday depositors withdrew than The next additional of the bank by depositors an Monday the after the more than $60 H. president a bank to The tion is block from the lett Trust and long and when de from the Bartlett bank.
5.
December 29, 1926
Asheville Citizen-Times
Asheville, NC
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TRUST COMPANIES FORCED CLOSE AFTER HEAVY RUNS
ST. JOSEPH. Mo., Dec. 28. directors the Bartlett Trust Company the Fidelity Trust today placed institutions hands departafter experiencing runs. The The Bartlett Trust Company had resources the Fidelity The former the seclargest Missouri to close year. total of
6.
December 29, 1926
Asheville Citizen-Times
Asheville, NC
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SOCIAL SCIENCE WORK PLANNED
Cost Of New Encyclopedia Is Estimated Around $650,000
ROCHESTER Dec. Plans for preparation American Social of zations cost of were by the council Historical Associa tion which opened Its 41st annual convention moth of American will occupy the result some of the Edwin professor has been as The work. said. will include aciences either character which connotations. the American Economic tion, American Historical AssociaPolitical Science Sociological Society, American Statistical AssoSociety Association Social Workers.
TWO BANKS CLOSE ST. Mo., Dec. them oldest Joseph, were closed day. The Bartlett Trust company closed its doors order board of commissioner asked FidelTrust company closed this The banks are not connected.
7.
December 29, 1926
The Iola Register
Iola, KS
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FEAR CLOSES BANK.
One Institution Falls, Run Made Another.
St. Joseph, Mo., Dec. The here yesterday afternoon when run one bank caused run another, and both institutions closed. The Bartlett Trust Company, the strongest banks years, closed its doors after run lasting since last Thursday. The day beinstitution closed more than withdrawn, and stormed the bank. The Fidelity Trust having connection with the block the Bartlett, and hundreds deposits larger trust company yesterday moring, quick began Fidelity Just hours after the Bartlett closed the Fidelity up sign had asked the state missioner of finance to charge.
8.
December 29, 1926
The Sedalia Democrat
Sedalia, MO
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COUPLE OF
Ineffectual Plans To ert Closing Made By Bartlett Company.
The Associated Press ST. JOSEPH, Mo., Dec. psychology of fear here yesterday when one bank caused run on another, and The Bartlett Trust Company, the strongest banks in Joseph for years, closed its doors o'clock, after lasting since day before the institution closed more than 000 withdrawn, and crowds stormed the bank. The Fidelity Trust Company, ing no the Bartlett, within block the Bartlett, when hundreds withdrew posits the larger trust company yesterday morning, quick on Fidelity Just hours the Bartlett closed the Fidelity put sign that had asked the of finance charge. The Bartlett closed only after pleas made to the Joseph Clearing House tion assistance. Finally appeal made Milton president the National Bank, and the leading financiers Northwest Missouri. Mr. Tootle suggested that members the Barlett family buy all estate holdings of the trust pany. This with an Bartletts that depositors could they would, his opinion, the stitution. This suggestion was followed. Shelby, of Stanberry, state bank arrived morning the Bartlett Trust Company, Richards, Lamar, other examiner, the charge Fidelity Trust Mr. Shelby statement condition the Bartlett pany would made for which the inventory will completed, and trust company be re-opened, with the state Cantley Missouri State will Joseph affairs will confer Examiners Shelby and Truman Richards officials desirious learning chances they given for which time the may banks proceed
9.
December 29, 1926
The Hutchinson News
Hutchinson, KS
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Fear Caused Run On Second Bank
St. Joseph, Mo., Dec. psychology of fear was demonstruted here yesterday afternoon when run one bank entised run another and both Instituclosed. The BartJeit Trust company, one of the strongest banks SL Joseph for years, closed Its doors at lasting since lust Thursday. The day before the closed more than $60,000 withdrawn crowds stormed bank. The Fidelity Trust company, havIng no with Bartlett is within block the Barilett. and when hundreds withdrew deposits the larger company, yes. terday morning, quick run began un the Phielity. Just two hours after the Bartlett closed. the Fidel. Ity put up sign that had asked the state commissioner of finance to take charge.
10.
December 29, 1926
The Daily Republican
Poplar Bluff, MO
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TWO BANKS CLOSED FOLLOWING 'RUNS'
St. Joseph, Mo., Die. The psychology of fear was demonstrated here yesterday afternoon when a run on one bank caused run. on another, and both institutions The Bartlett Trust Company, one of the strongest banks in St. Joseph for years, closed its doors at 12:15 o'clock, after a run lasting since last Thursday. The day before the institution closed, more than $60,000 was withdrawn, and crowds stormed the bank. The Fidelity Trust Company, having no connection with the Bartlett. is within a block of the Bartlett and when hundreds withdrew deposits, at the larger trust company yesterday morning, a quick run began on the Fidelity. Just two hours after the Bartlett closed the Fidelity put up a sign that it had asked the state commissioner of finance to take charge. The Bartlett closed only after in effectual pleas were made to the St. Joseph Clearing House Association for assistance. Finally an appeal was made to Milton Tootle, Jr., president of the Tootle-Lacy National Bank, and one of the leading financiers of Northwest Missouri. Mr. Tootle suggested that members of the Eartlett family buy all real estate holdings of the trust company. This act, with an assurance by the Bartletts that all depositors could get any cash they wanted, would, in his opinion, save the institution. This suggestion was not followed.
St. Joseph, Mo., Dec. 29.-(AP)S. L. Cantley, Missouri commissioner of finance, will be in St. Joseph tomorrow to look into the affairs of the two trust companies. He will confer with Examiners Shelby and Richards, and with officials of the two institutions, who are desirous of learning what chances they have of reorganizing. Ten days are given for reorganization at the end of which time the commissioner may at his own option, turn the banks over to the new organization or proceed to liquidate.
11.
December 30, 1926
The Butler Times-Press
Butler, MO
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BANKS CLOSE IN ST. Bartlett and Fidelity Trust Companies Suspend Few Hours Apart
St. Joseph, Dec. large St. Joseph banking institutions closed their doors today only a few hours apart. The Bartlett Trust company was closed by its board of directors after steady withdrawals threatened to become heavy run. Hardly had been placed in the window, saying the bank's affairs had been turned over the state fincommissioner, when Fidelity Trust company also was closed. likewise closed its doors at the order of its board of directors. Whether the closings had any connection known. The Fidelity Trust company was captalized at $100,000 and had deposits $300,000. Although at only $:00,the Bartlett Trust company had surplus $200,000, according to bank statements. was about seven years ago by Bartlett, who since has served as its president. Marmaduke Morton vicepresident secretary, and Walker, treasurer. The bank $2,000,000 in deposits According reports financial (ircles in Joseph, the deposits totalnearly more than that ago.
12.
December 30, 1926
The Sedalia Democrat
Sedalia, MO
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OF
Plans To ert Closing Made By Bartlett Company.
The Associated ST. JOSEPH, The chology of fear demonstrated here Monday afternoon when bank caused run another, and institutions The Bartlett Trust Company, the strongest banks in Joseph for years, closed its doors o'clock, after lasting since Thursday The day before institution closed more than 000 withdrawn, and crowds stormed the bank. The Fidelity Trust Company, no connection with the Bartlett, within block of the Bartlett, and when hundreds withdrew posits at the larger trust yesterday morning, quick Fidelity. Just two hours after the Bartlett closed the Fidelity put sign that had asked commissioner of finance charge. The Bartlett closed only after pleas made to Joseph Clearing House Associaassistance. Finally appeal made Milton Tootle, president of the National Bank, and of the leading financiers of Northwest Tootle that members the Barlett family buy all real estate holdings the trust com pany. This with an assurance the Bartletts that all depositors could get any they wanted, would, opinion, the stitution. This suggestion was not followed. Shelby, of Stanberry, state bank arrived this morning took charge the Bartlett Trust Company, and Richards, of Lamar, Mo., other examiner, the time and assumed charge of Fidelity Trust Mr. said no statement on the condition of the Bartlett would be made for which the inventory will completed, trust company will be re-opened, with the state in charge, however. Cantley, Missouri State Commissioner of Finance, will Joseph look affairs the trust companies. He will confer Examiners Shelby and Truman Richards and with officials of institutions, who desirious learning chances they Ten days given at the end of which time the sioner, his option, may turn banks over the tions or proceed liquidate.
13.
December 31, 1926
Effingham Daily Record
Effingham, IL
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BANKS CLOSE THEIR DOORS
St. Joseph, Mo., Dec. 29.-The Bartlett Trust Co., one of the oldest banks in St. Joseph, closed its doors today by order of the board of directors, and the State Commissioner of Finance has been asked to take charge. The bank's capital stock is $100,000 and deposits, according to the last statement, were $2,100,000. The Fidelity Trust Co., with a capital stock of $60,000 and deposits of 8414,874, closed its doors this afternoon. It is not connected with the Bartlett Trust Co. The bank's last report gave undivided profits S7865: loans $463,372 and total resources Depression in agricultural territory and consequent foreciosures of farm loans are given as the reasons for the Bartlett company's closing in formal statement issued by the direcAccording to the last statement of the company total loans amounted to $1,993,012.25. Time deposits amounted to $1,422,356.40 and demand deposits amounted to $157,239.70. and surplus fund totaled $175,000 A. L. Barilett, president of the trust company, agnounced that all depositors would be paid in full. The_Bartlett Trust Co. is allied with the Bartlett Brothers Land and Loan Co., and the trust company has been purchasing farm loans of the loan company. of opinion have directors and yester-
14.
March 8, 1927
St. Joseph News-Press
St. Joseph, MO
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INTO BOYS' GAMBLING
GRAND JURY SUBPOENAS HIGH SCHOOL STUDENTS.
Others Summoned Include H. Roe Bartle, Boy Scout Executive, and Ed Eads, Former Police Detective, Private Detective.
Seven have been subthe grand appear what gambling cigar and soft Charges permit with the use cards and dice. the high school the grand four pleaded guilty bridge In under of Rose Fink, Eighth These Chink Charles Geddis and Patrick.
Scout Executive Called. Ed city and Roe with the The grand jury to the the the Bank closed May last, had Brennan, finance charge the the bank was when closed, and Harry the Stock Yards merly teller the defunct Fidelity Trust also was Grocer and Clerk Summoned.
Rose, Brown clerk, living 6212 Grant street, before the jury today. attorney, was
15.
April 1, 1927
The Sedalia Democrat
Sedalia, MO
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BANKERS INDICTED WERE
Cashier And Five Directors Accused In Bank Crash
Associated ST. Mo., April Stewart, the Fidelity Trust Company which closed cember and Harold cashier of the bank, arraigned in the county criminal court on indictments returned by grand yesterday. The were the first accused appear from list nine indicted. The father faces nine indictments and the son five in connection failure the Fidelity. The elder Stewart charged lending more than $40,000 to him signatures fraudulently, embezzling accepting deposits knew the bank failing. The with accepting posits when he knew the bank failing. The president, cashier and five directors Security State Bank, which failed May 12, arraigned today indictments returned yesterday They W. Reed, president; Paul Holme. cashier, and Dr. Veach Wilson, Beale, William Whittaker and directors. There eight indictments against each man. Five charge cepting money when they know bank failing and three charge them Each gave bond $10,000 for trial in May. Dr. Holme member the Missouri State Board Osteopaand formerly the St. Joseph Library Beaghler of First Trust Company Sayannah, failed He under indictment in Andrew County in connection with that fail
The grand jury investigation been under February called by Judge Utz. state finance was one the nesses Robert Orr, liquidator for the and Brennan, liquidator for the security, testified presented books records of the bank the grand jury. The Security Bank capitalizfor $10,000 and deposits When closed May officers stated that depression the agricultural responsible, the belief expressed that depositors would lose little. So far only 10 cents the dollar on have been to depositors, but the expects to pay an other cents next The Fidelity Trust capitalizfor $100,000 and deposits totaled About year ago sorbed the American Exchange Bank St. Joseph. The failure of Fidelity attributed its officers to the psychology fear. The institution located few steps from the Bartlett Trust Company, which closed earlier day, after heavy Fidelity deposithe the Bartlett they began run stitution. The grand jury returned Bart officers blame in nection with that failure. No payments to depositors have made the Fidelity four months for filing claims belief expressed banking circles that finally will between and cents dollar
16.
April 1, 1927
Columbia Daily Tribune
Columbia, MO
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Officers and Directors of Two St. Joseph Institutions Make Bond.
INDICTED THURSDAY
Security State and FidelTrust Failures. ity Involved.
By The Associated Press. ST. JOSEPH. Mo., April president Fidelity Trust which closed cember son, cashier of the raigned county criminal court today. returned by the grand jury yesterStewarts were the first from the list of nine appear by bankers indicted. The father faces nine indictments and the five conection with the failure of the Fidelity. The elder Stewart charged with lending than $40,000 to himobtaining signatures with accepting deposits when the bank failing. The charged accepting deposits knew bank failing. The cashier and five directors of the Security State Bank, which failed May raigned today on indictments turned They are W. Seid, president: Paul Holme, cashDr. Veach Wilson, Beale, William Whittaker and Beaghter, directors. There are eight indictments against each Five charges accepting they knew the bank failing and three charge them with over lending. Each bond for $10,000 for trial May. Holme member of the Dr. State board of Osteopathy member of the and Joseph library board. Beaghler secretary cashier of First Trust company at Savannah, failed last He under which year. indictment Andrew county connection that failure. The grand jury has under since February way when called by Judge 14, H. Utz, stae the nance and Sobert Orr, liquidator Fidelity and E. Brenfor liquidator for the Security, testified presented books and and records of the bank to the grand The Security Bank was capitalizfor $10,000 and deposits When closed last May officstated that the area was belief expressed that the would little. So far cents the dollar have only depositors, the been paid liquidator expects pay another 10 next month. The Fidelity Trust was capital$100,000 and deposits totalAbout year ago absorbed the American Exchange Bank Joseph. The failure the Fidelity its officers the attributed by psychology The tion located steps from Bartlett Trust which the earlier the day, after closed When Fidelity deposiheavy Bartlett tors run began their own they The report, stitution Bartreturned lett blame tion with that failure.
17.
July 9, 1927
St. Joseph Gazette
St. Joseph, MO
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All the News While It Is News
This morning's Gazette contains lot of good news. In fact the information contained in one story alone will half million dollars to Gazette readers who were depositors in the Bartlett Trust company. But this isn't all. Depositors of the Fidelity Trust company who undoubtedly were worried yesterday when informed that the Stewarts had "disappeared," will be encouraged to learn that both men have been in communication with the liquidator and will appear in court to testify in actions brought to straighten out the affairs of the defunct bank. You will find other interesting stories in every column on every page and on the whole this morning's paper offers a fair sample of what the big Sunday Gazette will be like. It will contain all the local news while it is news. will contain special features and articles, exclusive in this territory, written by the best newspaper men- in the country. In fact we believe our Sunday issue will be able to offer everthing it takes to make good newspaper. If you are not subscriber now, you are invited to give The Gazette trial. In one month's time we believe we will be able to convince you that no matter what other papers you read, you do not get all the news unless you read The Gazette. Telephone 6-0025 this morning and subscribe. The Sunday Gazette will be delivered at your doorstep..
Merchants will find the Sunday Gazette the best of advertising mediums. Those who have already reserved for tomorrow's edition are invited to telespace phone 6-0025 and solicitor will call. Monday will be a good shopping day. Let your customers know what you have to offer through the columns of The Gazette.
18.
July 9, 1927
St. Joseph Gazette
St. Joseph, MO
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STEWARTS FUGITIVES, WORK TOWNS
No Mystery as to Their Whereabouts, Says Fidelity Liquidator
WANTED AS WITNESSES
When They Didn't Appear Yesterday, Rumors Began Flying About
BOTH ARE OUT ON BOND
One Working at Okla., Other Is Traveling Out of Wichita
Passt! The mystery solved. Stewart. president of delity Trust company. which failed Dec. and his H. Stewart, found. In neither the men had been said Robert Orr, liquidathe bank. last night. Stewart working Drumand has been for some Stewart now travelof Wichita for paper have known this all declared Orr. Fallure to serve the with witness connection with civil sults set for trial in the court resulted the of considerable Both are under criminal indictment in connection with the failure of the bank and are out unheavy bonds.
Cases Are Continued
With their failure to appear witnesses the cases set for trial Judge Vories' division of the circourt, the cases were continued. One of suits' to collect $2,from Carter McGee, negro and his wife, note which Stewart charged with using fraud Inducing McGee sign. Zwick, attorney for the bank, and Orr this note in an effort clear The second case which the elder Stewart collect note from Robert Dugdale with balance of $2,077. It asserted that Dugdale, on May made assignment of of his property to an agency for the benefit of his the bank being one of these. The property disposed of for just enough to pay his creditors per cent. desired to know Stewart agreed such settlement for the bank.
City Bondsmen Case Up
Whether bondsmen for the city's deposit in the Fidelity bank shall be allowed offset notes they owe the bank for the payments they make to the city, was question came Issue in the court came collect note for Davies, bondsman for the city deposit and also director In the bank. Davies has paid $3,000 and asks that his note offset that amount. The under advisement by The Fidelity Trust company judgment against total principal and interest note made by Holme Another judgment for $3,513.80 given the bank against the and company and Casteel. was principal and Interest on Three other collection cases of the bank. which Zwick attorneys, up yesterday continued for various sons.
19.
July 9, 1927
St. Joseph Gazette
St. Joseph, MO
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DEPOSITORS WILL NOT LOSE
In the days that the closing of this popular St. Joseph banking institution it was declared by officials of the bank that none of the depositors would lose through the suspension of business and that liquidation the bank's affairs would show the trust company to be in solvent condition. Mr. McKissick, who has had considerable experience in the liquidation of closed banks for the state finance department, was appointed liquidator on January 21 and at the same time S. C. Cantley, state finance commissioner, named B. Voorhees as attorney to act in the liquidation. On the same day that the Bartlett Trust company closed. the closure of the Fidelity Trust company less than a block away. R. Orr was liquiof the latter bank, with Judge G. Zwick dating agent as attorney. Since that time both men in charge of the affairs of the Bartlett and Fidelity banks have been at work to salRecently an announcement was made that the Fidelity bank would pay its first dividend in August, amounting possibly to 35 per cent.
20.
October 27, 1927
St. Joseph News-Press
St. Joseph, MO
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PAYS $3,500 TO CITY
BILBY A BONDSMAN FOR TRUST COMPANY.
Total of $26,500 Now Has Been Paid Back From Deposits In Defunct Fidelity-City Still $74,000 Due From Security.
21.
March 21, 1929
Dekalb County Record-Journal
Maysville, MO
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JURY AT AT ST. JOSEPH FINDS STEWART GUILTY
J. Stewart, former President of the Fidelity Trust Company was found guilty late Saturday by jury and given two years in the penetentiary for accepting deposits when the bank was in failing circumstances Dec. 28th 1926. All the cases against J. Harold Stewart, son of Stewart, who was of the Bank and who was indicted on the same charges as his father, were dismissed The testimony showed that Stewart was the sole manager of the Bank and dominated all its transactions and that there was no evidence of guilt against H. Stewart. The state held that the Bank had been in failing condition for several years and the Defense contended that the Bank was closed by reason of run on the Bank brought about by the failure ofthe Bartlett Trust Company on the same day. John Stewart was former resident of Maysville and well and favorably known here where he had been in business many years and where Harold Stewart was born, the young son involved in the case. Harold Stewart married the daughter of Randolph, also former resident of Maysville and prominent family in Northwest Missouri history. The Record does attempt to pass on the merits of the case, but we do deeply deplore these Bank ures seemingly brought on by the deression in farm lands and loans they not only hurt those involved, but are bad things for the credit the entire territory in which they business.