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By United Press Leased Special Wire. ST. LOUIS, April 9-The Olive Street Bank, a State institution, was closed by order of the State bank examiner to-day. A notice on the door read: "This bank is in the hands of the secretary of State. "Signed, R. M. Cook, State Bank Examiner." Depositors were astounded when they read the notice. Some of them became panie stricken.
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Bank Falls. ST. LOUIS, MO.. April 9.-The Olive Street Bank, at Garrison Avenue and Olive Street, having a capital of $100,000 and deposits of $350,000. was closed to-day. Examiner Cook said late today: "The bad loans will about wipe out the capital stock and surplus of the bank. I will remain in charge until a receiver is appointed, when I will turn the bank over to the receiver." Among the officers of the bank are Pinckney French, president; Jesse French, vice-president; E. T. French, cashier.
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ST. LOUIS BANK CLOSED BAD LOANS WILL WIPE OUT CAPITAL STOCK. St. Louis, Mo., April 10.-The Olive Street Bank at Garrison avenue and Olive street, having a capital of $100,000 and deposits of $50,000 was closed today. The state bank examiner said today. "The bad loans will about wipe out the capital stock and surplus of the bank. I will remain in charge until a receiver is appointed, then I wil Iturn the bank over to the receiver." Among the officers of the bank are Pinckney French, president; Jesse French, vice president; E. T French, cashier,
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CONDENSED DISPATCHES. The Oliver street bank at St. Louis, Mo., having a capital of $100,000 and deposits of $150,000, was closed Thursday. Announcement was made Thursday at Philadelphia that C. E. Henderson, one of the vice presidents of the Reading Railway, has resigned. Vice Chancellor Howell Thursday at Newark, N. J., announced the appointment of Frederick T. Johnson of Newark as receiver of the United States Independent Telephone Co., which was recently declared insolvent. The company is incorporated for $40,000,000. At a meeting of the board of trustees of Princeton University Thursday at Princeton, N. J., announcement was made of the gift of $250,000 from Mrs. Russell Sage for a dormitory building to be used by members of the Freshman class. Gifts to the amount of $130,133 were announced. The government has accepted the French Senate's amendment with reference to ecclesiastical property in the devolution bill whereby moneys left for Masses for the repose of the souls of the dead shall be handed over to the societies for the assistance of aged and infirm priests. These societies shall assume the obligation of carrying out the testator's intentions. Mrs. Margaret Hamilton, who was one of the principal witnesses to the alleged identity of the Duke of Portland with T. C. Druce and who was arrested March 7 charged with wilful perjury and conspiracy, was found guilty at the Old Bailey at London Thursday. Sentence will be handed down Friday. The announcement was made Thursday at Boston that the American Academy of Arts and Sciences has awarded its Rumford medals to Edward G. Acheson of Niagara Falls for his discoveries in light and heat. The specific work of Mr. Acheson has been the production artificially of carborundum, graphite, silicon and, siloxicon, all of which have proved of great value in the arts. Herbert Wright, the Canadian customs officer who was arrested Wednesday by Officer Ryder, was taken to Three River Falls, Minn., Wednesday evening and arraigned before United States Commissioner Browning. The trial was, adjourned until Saturday. and Wright was released under $500 bonds and went back to Emerson. The conflict is the outgrowth of a feud existing between United States and Canadian officials at the boundary line, caused by the arrest of Officer Foulkes on a charge of kidnapping in connection with a grain smuggling case. A football player of the University of Chicago is chief of the hungry Bulgarians who marched on the Chicago City hall Wednesday. Investigation reveals that Ivan Doseff, a graduate of the university is the instigator of the plan to march on the City hall. Doseff, who is a Bulgarian and last year played left tackle on the Chicago football eleven, says he sent the mob to the City hall in order to "call public attention" to the distressing condition of his countrymen. None of the other Bulgarians have been in the United States more than six months and in that time none of them have had a job. Doseff said their little stock of money has gone and they are on the verge of starvation.
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13 'GT roker and club man of Chicago, comitted suicide by shooting because of health I At a meeting of the board of truses of Princeton university announceent was made of the gift of $250,000 om Mrs. Russell Sage for a dormiry building to be used by members f the freshman class. Grover Blake of Anderson, Ind., who illed his mother with a hammer for e purpose of robbery March 21 last, leaded guilty and was sentenced to e penitentiary for life. Mrs. Catherine C. Tucker, matron : a feline hospital in South Boston, st her life in trying to save a pet cat om being burned to death. Gov. Hughes of New York, whose ati-gambling bills were defeated, told e legislature he would not give up e fight and intimated be would call special session to adopt the legisla'uo Col. W. L. De Lacey of Poughkeepe, N. Y., a prominent lawyer, comitted suicide by inhaling gas. After an absence of 43 years Anrew Jackson's historic words, "The nion Must Be Preserved," will be estored to the monument of Old lickory in court square, Memphis, enn. They were chiseled out durg the civil war. In order to present military service 1 its most attractive light and in that ay encourage enlistment in the army, en. Bell, chief of staff, has directed at all officers and enlisted men emloyed in the recruiting service wear eir nicest military apparel. Representative C. E. Ward was und not guilty, at Detroit, of manaughter in connection with the death ? Miss Edith Presley. The Olive Street bank of St. Louis, aving a capital of $130,000 and debsits of $350,000, was closed by the ate bank examiner. The Alabama supreme court held oth the general prohibition and the ine o'clock closing laws to be conitutional and effective. The Illinois supreme court refused rehearing to Herman Billek, conemned to death for the murder of e Vzral family in Chicago. Knute Ohnstead of St. Paul, Minn., arved himself to death in an atmpt to fast 40 days. Because his mother, Susan Carlin, d sent him to various reformatory stitutions in which he was a prison: for many years, Bernard Carlin ot and instantly killed her at her ome in Brooklyn. Because of the error of a western ourt in divorcing him from the rong woman, Calvin S. Wright, a ker of Jeanette, Pa., will have to and trial on charges of bigamy and erjury. There is reason to believe that easures are being taken in Port-aurince, Haiti, to force the intervention the United States if possible. Aprent tranquility prevails, but there good authority for the statement at hostility against the present Haien government is growing more innse. Three hundred and five students of emson college, in South Carolina, ere expelled for an All-Fool's day scapade. Albert Heiser, a baker of New York, ew a revolver at the dinner table, ed two shots at his young bride and en killed himself. Mrs. Heiser is ot expected to recover. Public and private funeral services ere held in Washington over the ody of the late Durham White tevens, adviser to the Korean gov'nment, who was killed by a Korean 1 San Francisco. The American government has acepted the invitation of New Zealand r the American battleship fleet to sit Auckland. M. A. Johnson, a bank cashier at toughton, Wis., committed suicide by haling gas. President Roosevelt made public his
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A ST. LOUIS BANK FAILS. Capitalized for $100,000 With Deposits of $350,000-Receiver in Charge. St. Louis, Apr. 10.-The Olive Street bank, at Garrison avenue and Olive street, having a capital of $100,000 an deposits of $350,000, was closed Thursday. At the usual hour for opening the following sign was placed on the front door: "This bank is in the hands of the secretary of state. R. M. Cook, state bank examiner." The bank was organized December 1, 1902, and in 1905 it absorbed the Vandeventer bank. Secretary of State Swanger said Thursday over the telephone from Jefferson City, that he had notified the bank officials four days ago that loans outstanding and insufficiently secured must be made good, and after having given the institution this notice the matter was turned over to State Bank Examiner Cook. Mr. Cook who took charge of the bank Thursday said: "The bank of ficials have been unable to secure further indorsements on loans made and insufficiently secured and for the safe ty of the institution we thought best to take charge of the bank." The sign in front of the door at tracted nearly 100 persons but several police officers kept the crowd scat Lered and there was no excitement.