Boyenton & Company (Hampton, VA)

Episode Information

Episode UID
1216147791330
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
121614779 hash
Start Date
October 27, 1910
Location
Hampton, Virginia (37.030, -76.345)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1b475470a2474104

Response Measures

None

Description

No run described; bank closed by its own admission and placed in receivership/bankruptcy.

Events (3)

1. October 27, 1910 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Owners and counsel concluded bank was in trouble/possibly insolvent and advised not to open to determine true condition.
Newspaper Excerpt
Boyenton & Company ... failed to open its doors for business yesterday morning.
Source
newspapers
2. October 28, 1910 Other
Newspaper Excerpt
were made defendants in involuntary bankruptcy proceedings brought by three petitioning depositors. Application for receiver will be made.
Source
newspapers
3. November 1, 1910 Receivership
Newspaper Excerpt
John Weymouth and W. C. L. Taliaferro have been appointed federal court receivers for Boyenton & Co., private bankers of Hampton, Va.
Source
newspapers

Newspaper Articles (14)

Article from Daily Press, October 27, 1910

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Boventon & Company Business House Fails. OPERATED EIGHT YEARS Incident Comes as Surprise to Busi ness Men of Hampton-Attorney Fay S. Collier Believes All Depositcrs Will be Paid In Full. Boyenton & Company, doing a small banking business in West Queen street, failed to open its doors for business yesterday morning. When the doors first failed to open it was not noticeable, as several painters were at work on the bank building painting the exterior, while many improvements were to be made on the interior, including repapering of the walls. The first depositors were told by one of the painters that the bank was closed, "undergoing repairs," but a little later the real cause of the doors being shut came out. Inquiry from several places resulted in having all inquiries sent to Fay S. Collier, who had been retained as counsel for the members of the firm, and from whom all information was to be obtained. Mr. Collier Advises Closing. Mr. Collier, when seen by the Daily Press representative, said that the closing of the doors to the bank was at his suggestion and upon his advice. "Mr. William Boyenton came to me Tuesday and told me that he was afraid his bank was in trouble." said Mr. Collier. "but as Mr. Boyenton was then unable to say whether the firm is insolvent or solvent, I advised him to' be very careful. This morning I advised Mr. John Boyenton, who is in charge of the bank, not to open its doors for the reception of deposits, as the bank had better first find out its true condition. William Boyenton left for Upperville, Fauquier county, Monday night, where the firm also has a bank, and until Mr. Boyenton re turns here tomorrow, I will be unable to state just the true state of affairs in the bank. I will say this, that all persons making deposits on Tuesday will have their money returned to them. as this money was kept separately. I think the deposits of Tuesday are less than $300. Mr. William Boyenton hopes to be able this morning to meet the obligations and until then nothing will be done to have a receiver named, as the firm may be able to wind up its own affairs. Most Loans Good. "In looking over the papers this afternoon I find that there are probably 400 small loans owing the bank and most of the loans are good. I do not think the bank had much bad paper and I hope to see them realize on all their securities. The larges. loan is for $200 and the smallest $4. My investigation up to this time has been meagre, however, so that I cannot give complete details and will have to first have the Boyentons go over the books with me. This will be done tomorrow morning, after which I may be able to give out a proper statement." Mr. John C. Boyenton. who is the active cashier, remained at his residence in Linden avenue all day yes. terday. He referred all persons seek


Article from The Richmond Virginian, October 28, 1910

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NO ONE CLAIMS BODY OF DONALD Shoemaker Dropped Dead Ten Days Ago, But Relatives Have Not Appeared. (Special to The Richmond Virginian.) NEWPORT NEWS, VA., Oct. 28.Although ten days have elapsed since the death of William Donald, his body is still unclaimed at the undertaking establishment of W. E. Rouse in this city. He was a shoemaker here without local family connections. He dropped dead while making a purchase of leather in a local hardware store. He had a daughter, who was said to live in Brockton, Mass., but neither letters nor telegrams to that address have brought a response nor has the chief of police of that city deigned to reply to an inquiry fro mthe Newport News police department. A petition of certain creditors was presented to Circuit Court Judge Clarence W. Robinson at Hampton this morning for the appointment of receivers for the closed private bank of Boyenton & Co. It is understood that the matter will finally wind up in the bankruptcy courts and the prospects for the depositors getting their money are not good.


Article from The Richmond Virginian, October 28, 1910

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Made Defendants. (Special to The Richmond Virginian.) NORFOLK. VA., Oct. 28.-Boyenton & Co., private bankers of Hampton, whose *doors closed yesterday, were to-day made defendants in involuntary bankruptcy proceedings brought by three petitioning depositors. Application for receiver will be made.


Article from Evening Star, October 29, 1910

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Boyenton & Co., private bankers, of Hampton, Va., whose doors closed Thursday, were made defendants Friday in involuntary bankruptcy proceedings brought by three petitioning depositors, and application for a receiver will be made.


Article from Alexandria Gazette, November 1, 1910

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VIRGINIA NEWS. Bishop George W. Peterkin. of West Virginia, has qualified in Richmond as executor of his mother's estate, valued at $17,000. He is the sole legatee named in Mrs. Elizabeth Howard Peterkin's will. During the warm weather of the first three weeks of the past month H. C. Dawson, of Madison Heights, near Lynchburg, picked strawberries almost daily from a garden patch. The berries were unusually fine. John Weymouth and William C. L. Taliaferro have been appointed federal court receivers for Boyenton & Co., private bankers of Hampton, Va., who were placed in bankruptcy last week after closing their doors. The receivers' bond was $20,000. Marriage licenses were issued in Baltimore yesterday to Cleveland A. Holloway and Fannie B. Powers, both of Port Royal; and to Charles R. Serio, of Baltimore and Estella M. Gately of Frederickburg. A marriage license was issued in Washington yesterday to William C. Bridwell and Fannie Hower, both of Manassas. Addressing the men's Bible class in the Southern Methodist Church in Winchester Sunday evening, declaring he had always been sustained by the grace of God, and apparently in robust health, George Washington Hemy resumed his seat and expired in a moment from apoplexy. He was born in Frauquier county 67 years ago and leaves a widow, two daughters and two brothers. Delegates to the convention of the Military and Naval Surgeon's Association of the United States are gathering in Richmond. The first session was held this morning. Among prominent surgeons appearing is Dr. D. Huotte, of Paris, and Lieut. George S. Rennie, president of the military surgeons of Canada. A brilliant reception was held at the Jefferson Hotel last night in honor of the president of the organization, Lieut.-Col. Joseph K. Weaver, of Pennsylvania. Postoffice Inspectors Martin and Saffell, who arrested Postmaster R. T. Purkins in King George some days are and took him to the jail in Fredericksburg, went back to King George Courthouse Saturday in search of additional evidence against Purkins. They found under the counter and around the postoffice at King George Courthouse a number of letters that had been broken open and cast aside, which, it is charged, contained money which had been taken. The letters and other evidences were brought to Fredericksburg and shown to Mr. Purkins in the jail, but he denied any knowledge of them.


Article from The Free Lance, November 1, 1910

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SAID TO BE INSOLVENT Boyenton's, of Hampton, Upperville, and Middleburg. W. C. L. Taliaferro and John Weymouth were named receivers for the firm of Boyenton & Co., Hampton. The concern operates small banks at Hampton, Upperville, Fauquier county, and Middleburg, Loudoun county. The liabilities are said to amount to about $3,000, but liabilities or assests not known until receivers go over the accounts.


Article from The Free Lance, November 3, 1910

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VIRGINIA NEWS The Northern Neck Medical Associaiion met at Warsaw recently and selected Kinsale as the place of meeting for the spring session. The fifth semi-annual convention of the Richmond County Association P. O. S. of A., will meet with Camp No. 9 at Warsaw, Nov. 9, 10 a. m. Charles L. Lindsay, engineer on C. & O. R. R., while standing beside his locomotive in the yards of the road at Clifton Forge, was struck by a shunting train and killed Tuesday. Mrs. H. P. Palmer, aged 28, died at the home of her mother, Mrs. Borst, at Brandy Station Tuesday, of tuberculosis, She is survived by her husband, Lieut. Palmer, U. S. N. The municipal liquor license tax this year will add to State Treasary $341,502.60, according to compilations by Tax Commissioner Free man. Norfolk leads with $106,266. 90, while Richmond comes next $83,166.67. John Weymouth and W. C. L. Taliaferro have been appointed Federal court receivers for Boyenton & Co., private bankers of Hampton, who were placed in bankruptcy. R. L. Harris, of Blackstone, was appointed assistant state bank examiner. He is assistant cashier of Citizens bank of Blackstone and is highly endorsed by business men. He enters his duties Nov. 15.


Article from Daily Press, November 12, 1910

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SURRENDERS HIMSELF TO OFFICER CURTIS While Arrangements Were Made to Arrest the Cashier He Was Visit. ing His Brother, But on Return Home Learns of Situation and Telephones For Policeman, Hearing that a warrant had been sworn out by the authorities of Fauquier county charging him with receiving deposits in the Upperville bank after that institution was insolvent, which was conducted by Boyenton & Co., William H. Boyenton, senior member of the firm and the cashier of the Fauquier bank, last night at 6:20 o'clock surrendered himself to Officer Henry Curtis. He was promptly bailed for his appearance before the Circuit Court of Fauquier County on November 28, with Dr. J. B. Pressey as his bondsman. Mr. Boyenton spent yesterday afternoon with his brother, George Boyenton, in Hampton Roads, and was not aware that a warrant was out against him until he returned to the home of his brother, John C. Boyenton, in Linden avenue, at 5- o'clock. As soon as he learned of the existence of the warrant he immediately telephoned City Sergeant Waittr E. Owens of his intention to come down iown and give himself up to the police officer. Officer Curtis, who had been given the warrant at noon, saw Mr. Boyenton as he was coming down Queen street and the officer accompanied the former banker to the office of Fay S. Collier, the attorney for the accused man. Bond Is Furnished. Bv a prearranged plan, Mayor Thornton F. Jones, City Sergeant W. E. Owens and Dr. J. Pressey, who became the bondsmen. were awaiting the arrival of Mr. Boyenton and within a few minutes the details of arranging the $2,500 bond were completed and Mr. Boyenton, with his brothers and bondsmen, returned to Linden avenue. Under the terms of the bond, agreed upon by Mr. Collier and the Fauquier county authorities, Mr. Boyenton waives a preliminary examination before a justice of the peace and the case will be heard by the grand jury of Fauquier county on Monday, November 28. Mr. Collier will accompany Mr. Boyenton to Fauquier Court House so that in the event of an indictment by the grand jury another bend can be given and the date of the trial by jury agreed upon. Keith Brings Warrant. The warrant charging Mr. Boyenton with receiving deposits in the bank at Upperville was sworn out by C. W. Wiltshire, a depositor in the defunct bank, and was brought to Hampton by J. A. C. Keith, the commonwealth's attorney of Fauquier county. Mr. Keith came 10 Hampton Tuesday, and without disclosing his mission to anyone but Judge Edgar E. Montague, the commonwealth's attorney of Elizabeth City county conferred with John Weymouth and W. L. C. Taliaferro. the receivers named by the United States Court to wind up the business of Boyenton & Co. The firm had banks in Hampton, Upperville, Fauquier county,, and Middleburg, Loudoun County. Yesterday morning Mr. Keith decided that the conditions warranted him in going ahead with the court proceedings, and at moon, in company with Judge Montague, he visited Mayor Thornion F. Jones and requested the mayor to endorse the


Article from Daily Press, December 4, 1910

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LIABILITIES $54,200; ASSETS ARE $26,154 Lack of Bookkeeping and General Conditions in the Three Institutions Re. ferred To-Shows W. H. Boyenton Has Overdraft in Personal Account of $6,000. According to the report of William C. L. Tallaferro and John Weymouth, the receivers of Boyenton & Co., bank. ers, now in bankruptcy, the firm has liabilities amounting to $54,200.82, with assets of $26,154.30, thus showing that the bankers owe just $28,046.52 more than the estimated value of their assets. The report of the receivers, which will be read with much interest among the depositors of the bank in Hampton, Upperville and Middleburg, was filed with Referee in Bankruptcy John B. Looke, of Newport News, yesterday, and will be presented to the creditors, who are to have their first meeting in the Hampton banking house of the insolvent firm Tuesday morning. The receivers have been working on the matter of straightening out the three banks for 'more than 3 month and the report filed with Mr. Locke is said to be as complete as possible under all the obstacles which the receiv. ers were confronted with. The lack of booking and business methods in the conduct of the banks in Hampton and Upperville is referred to by the receivers, who said that they found no "ledger accounts of the depositors." There are a number of Interesting features brought out in the report, and it is shown that William H. Boyenton has an overdraft of his personal account in the bank at Upperville amounting to more than $6,000. It is shown that there are 200 depositors in Hampton, 128 at Upperville and 42 in Middleburg. 1 May Pay 20 Per cent. While no reference is made to the matter in the report of the receivers, it was said yesterday that the bankers will not pay more than 20 cents on the dollar. When it is considerea that the liabilities exceed the assets by $28,000, in a a total liabilities of $58,000, the feeling is that depositors will do well if they receive as much as 30 cents on the dollar. The report gives in detail the name of every depositor and every man having a note in all three of the banks and in the preface the receivers in


Article from Daily Press, December 6, 1910

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NAMES OF DEPOSITORS IN THE DEFUNCT BANK Individual Claims Against Boyenton & Co. Shown by Receivers' Report. The report of the receivers for Boyenton & Co., bankers, filed Saturday, shows the following Hampton depositors and the amount to their credit in the Hampton bank: Peter Aghosteles, $2.07: John Angras, 44 cents; Athens Ice Cream Company, 12 cents; Nick Aghosteles, 55 cents: Miss Clara E. Boyenton, $1,355.787 J. W. Boyenton, $3,886.59; G. L. Boyenton, $16.58; W. S. Boyenton, $3.42; Mrs. W. H. Boyenton, Clara and Hunter H., $15.32; Louise Boyenton, $8.02; W. C. Boyenton, $5; John Boyenton Frantz, $91.47; Thomas Brown, $218.87; R. S. Black, 81 cents; Reed S. Black, interest, $14; L. C. Bristow, $50; J. W. Duning, $26.75; A. L. Boykin, $6.47; Bethel M. E. Church trustees, $1.10; Mrs. C. W. Belts, $186.15; A. W. E. Bassette, 45 cents; N. A. Butler, 72 cents; G. G. Congdon, $10.36; C. E. Cheyne, $46.27; Mrs. B. F. Crockett, $34.44; Christian H. H. Association, $289.14; C. L. Crockett. 15 cents; Thomas Cooke, 40 cents; Miss Reba Carey, $1; W. K. Cockran, 29 cents; C. M. Cary, Jr., 25 cents: J. F. Copeland, $47.50; E. Louise Cheyne, $4.34; Mrs. Annie F. Colgan, $1; Irvin Christian, $10.84; H. S. Cunningham, 70 cents; Mary F. Carnell, $1.74; J. W. Craigs, $13.91; C. S. Diggs, $6.02; B. H. Duvall, $37.12; E. F. Davis, 89 cents; E. Drewry, 50 cents; Elliott Furniture Company, $3.34; Mrs. Maggie Abbey, $8; Reverdy Estill, 37 cents; G. W. Face, $435.86; W. F. Fox, 10 cents; William Felhaber, 50 cents; R. J. Forest, $390.78; T. K. Fisher, 48 cents: V. E. Frances, $1.50; Gold & Kantrowitz, $108.20; A. A. Goolsby, $1; Joseph Gold, cigar account, $3:53; S. J. Gammel, $1.57: Mrs. Bessie Gold. $1.80; Normal Gold, $2.35; Sadie Gold. 50 cents; Samuel Gold, 55 cents; Rosena Gold, 25 cents; Miss Lennie Guy, $2.25; W. H. Haynes, $450.09: John Hope, $38.62; R. W. Hudgins, $4; J. J. Hocker, 40 cents; Mrs. John E. Heisler, $15; R. S. Hudgins, Jr., $11.90; W. B. Haynes, $260.42: J. L. Hawkins, $1.22; Hampton Music Company, 53 cents; C.H. Jones, 53 cents: C. H. Jones, $10; Mrs. C. H. Jones, 2 cents; Peter Jones. $404.11; Joseph Jarvis, $33.66; E. J. Johnson, Jr., 44 cents; J. L. Johnson, $5; Kecoughtan Trust and Security Company, $10; Charles Knip. ple, $5: Miss Lillie Kantrowitz, 89 cents; Bailey Keithley. $5.39; May Kitz, $1.25: Louise Kantrowitz, 23 cents: A. E. Lively. 69 cents: J. A. Lively, $1; D. L. Lively, $38.25; Mrs. R. J. Lanesky, 32 cents: Ladies' Aid B'nai Israel, $6.15: I. Lemer. $300; Mrs. H. C. Long, $8; J. J. Lindsay, 84 cents: M. Michaelson, 22 cents; G. S. W. Moore, 20 cents; Florence I. Moore, $64.43: Annie Murray, $4.28: T. A. Mirray. Jr., $3.33: S. J. Moore, $19.80: W. F. Moore, $1.99: F. Ossry, 11 cents: C. H. Palmer, $49.36; J. M. Palmer, $1.83: O. H. Palmer, $14.37: R. J. Palmer, $1.25: P.H. Palmer. $50:


Article from Alexandria Gazette, December 15, 1910

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VIRGINIA NEWS. Rabbits are plentiful in the valley. One merchant at Maurertown one day this week received four hundred for shipment. The Nickel Savings Bank, a small colored financial institution, in Richmond yesterday closed its doors and went into the hands of a receiver. Charles H. Hughes, of Clarke county has announced himself a candidate for the state Senate from the district com posed of Clarke, Warren and Page counties. Representative Maynard, who failed of re-nomination for Congress in the Norfolk district is, being mentioned in Washington as the next clerk of the House of Representatives. Marriages licenses were issued in Washington yesterday to Clark T. Embrey and Eva M. Kilby, both of Fauquier county; Irving L. Taylor and Mary V. Devers, both of Franconia; Avalon B. Marchant, of Lott, and Cora L. Lumpkin, of Clearden, and to Lloyd T. Cassell and Amanda B. Cowne, both of Calverton. Rev. Beverly D. Tucker, jr., of Boydton, son of Bishop B. D. Tucker, of Lynchburg, has accepted the rectorship of St. Paul's Episcopal Church, at the University of Virginia. Rev. Mr. Tucker succeeds to-the charge recently made vacant by the death of Rev. Hugh M. McIlhany, D. D. Mr. William Seitz, who formerly lived in Ohio, but who had recently purchased a farm near Ashland, was thrown from his wagon Tuesday afternoon and instantly killed, his neck being broken. Mr. Seitz had been to Ashland with a load of farm products aud was returning when his horses gave a sudden jerk and threw him out. A bankruptcy statement of Boyenton & Co., at Hampton. bankers, filed in the United States Court, in Norfolk yesterday, shows total liabilities of $54,200 and assets of $26,154. The concern includes the Hampton bank and its branches at Upperville and Middleburg. S The liabilities and assets are divided as follows: Hampton bank, liabilities, $27,512; assets, $16,740; Upperville bank, liabilities, $24,101; assets, $8,190; Middleburg bank, liabilities, $2,587; assets, $1,223. There were 500 depositors. Messrs. Davis & Davis, Washington patent attorneys, report the grant, this week, to citizens of this state, of the following patents: L. von Kugelgen, Holcombs Rock, electric furnace; D. P. Meade, White Post, coin operated telephone apparatus; G. Poe, South Norfolk, gas generator; M. G. Ray, Richmond, gas burner attachment; S. S. Scholl, Roanoke, dynamite thawer; J. S. Shepherd, Vinton device for operating coupling pins; H. Warden, Fredericksburg, gate, opening device; A. P. Wells, East Stone Gap. fruit picker.


Article from Alexandria Gazette, December 15, 1910

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VIRGINIA NEWS. Rabbits are plentiful in the valley. One merchant at Maurertown one day this week received four hundred for shipment. The Nickel Savings Bank, a small colored financial institution, in Richmond yesterday closed its doors and went into the hands of a receiver. Charles H. Hughes, of Clarke county has announced himself a candidate for the state Senate from the district composed of Clarke, Warren and Page counties. Representative Maynard, who failed of re-nomination for Congress in the Norfolk district is, being mentioned in Washington as the next clerk of the Housc of Representatives. Marriages licenses were issued in Washington yesterday to Clark T. Embrey and Eva M. Kilby, both of Fauquier county; Irving L. Taylor and Mary V. Devers, both of Franconia; Avalon B. Marchant, of Lott, and Cora L. Lumpkin, of Clearden, and to Lloyd T. Cassell and Amanda B. Cowne, both of Calverton. Rev. Beverly D. Tucker, jr., of Boydton, son of Bishop B. D. Tucker, of Lynchburg, has accepted the rectorship of St. Paul's Episcopal Church, at the University of Virginia. Rev. Mr. Tucker succeeds to-the charge recently made vacant by the death of Rev. Hugh M. McIlhany, D. D. Mr. William Seitz, who formerly lived in Ohio, but who had recently purchased a farm near Ashland, was thrown from his wagon Tuesday afternoon and instantly killed, his neck being broken. Mr. Seitz had been to Ashland with a load of farm products aud was returning when his horses gave a sudden jerk and threw him out. A bankruptcy statement of Boyenton & Co., at Hampton. bankers, filed in the United States Court, in Norfolk yesterday. shows total liabilities of $54,200 and assets of $26,154. The concern includes the Hampton bank and its branches at Upperville and Middleburg. The liabilities and assets are divided as follows: Hampton bank, liabilities, $27,512; assets, $16,740; Upperville bank, liabilities, $24,101; assets, $8,190; Middleburg bank, liabilities, $2,587; assets, $1,223. There were 500 depositors. Messrs. Davis & Davis, Washington patent attorneys, report the grant, this week, to citizens of this state, of the following patents: L. von Kugelgen, Holcombs Rock, electric furnace; D. P. Meade, White Post, coin operated telephone apparatus; G. Poe, South Norfolk, gas generator; M. G. Ray, Richmond, gas burner attachment; S. S. Scholl, Roanoke, dynamite thawer; J. S. Shepherd, Vinton device for operating coupling pins; H. Warden, Fredericksburg, gate, opening device; A. P. Wells, East Stone Gap, fruit picker.


Article from The Times Dispatch, November 29, 1911

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of Hampton. The Bank of Upperville was subsidiary to Boyenton & Company, bankers, of Hampton, which also suspended at the same time. At the assembling of court to-day no time was lost in impaneling a jury, and the case proceeded with such rapidity that a verdict is looked for at the close of court to-morrow. That Boyenton had actual knowledge of the insolvency of Boyenton & Company at Hampton is the principal point at issue, and on this the jury will have to pass. This will have to be established beyond a doubt, or else the Commonwealth fails to prove Its case. The case is being ably prosecuted by Commonwealth's Attorney Keith.


Article from The Richmond Virginian, December 1, 1911

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BANKER BOYENTON IS FOUND GUILTY HAMPTON MAN WHO CONDUCTED UPPERVILLE BANK CONVICTED BY JURY. STOOD HIGH SOCIALLY MUST SERVE EIGHTEEN MONTHS' IMPRISONMENT FOR RECEIVING MONEY AFTER FAILURE. Unless the Court of Appeals views the evidence in a different light. W. H. Boyenton, former banker, popular secret order man, and one of the most prominent citizens of Hampton, Va., must serve a sentence of eighteen months in the Virginia penitentiary, by reason of a verdict returned against him at a late hour Wednesday night by a jury sitting in the Circuit Court of Fauquier county. Mr. Boyenton for many years was the head of the banking firm of Boyenton & Co., Hampton, doing a private banking business. A few years ago be embarked in branch bank schemes, organizing two such branche one of which was located at the V1 lage of Upperville, Fauquier county. Banker Indicted. Last year his affairs became very much muddled, and his bank at Hampton was unable to meet the checks drawn on it. All of his institutions suspended payment and a receivership followed. In the meantime Mr. Boyenton was indicted in Fauquier county on the charge of receiving deposits. knowing that his institution was in an insolvent condition, there being a number of indictments charging this offense Investigation showed that the Boyenten banking business had been conducted in the most hap-hazard fashion imaginable. and the depositors suffered the loss of a very considerable proportion of their fund. Banker Convicted. After two mistrials, through hung juries, the case against Mr. Boyenton again came to trial.on Tuesday morning last at Warrenton, he being defended by his townsman, Fay Collier, one of the most widely known criminal lawyers of Eastern Virginia. Nine of the indictments against the ex-banker were quashed on technical points, but finally one was reached that was good in the opinion of the court, and the trial proceeded, resuiting in a verdict of guilty, and a punishment of eighteen months confinement in the penitentiary. Pending the preparation of an appeal to the Supreme Court the convicted banker was released on bond.