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Nebraska State Bank Closed. The People's State Bank of Gothenburg, Neb., was closed by order of the State Banking Board. The liabilities amount to $60,000 and loans and discounts exceed $72,000. The worthless paper carried over from the panic in 1897 caused the failure.
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WEST AND SOUTH. At Carter, Okla., Postmaster Lowry and son were killed by an old man named Fowler, the outcome of an old feud. The death of Thomas M. Avery, founder of the Elgin Watch company, occurred at his Chicago home, aged 79 years. Robbers entered the First National bank at Mineral Point, Wis., secured $30,000 and escaped without leaving a clew. On a trip from Escanaba to Menominee, Mich., fire on the steamer Fannie C. Hart caused a panic among 200 excursionists. No one was hurt. In Springfield, Ill., ex-Gov. John R. Tanner was buried with military rites. The body was laid in state in the capitol, where 12,000 persons viewed it. At Harvey, Ill., Thomas Clark, a laborer, wounded his wife and then killed himself with a revolver. Jealousy was the cause. The wife and son of Rev. I. T. Osborne were burned to death in a fire at Hatley, Idaho. In San Francisco the battleship Wisconsin was presented with a silver banquet service, the gift of the state whose name she bears. By an explosion of coal dust in the new Richland mine at Dayton, Tenn., 21 miners were killed. In Chicago A. T. Dow, an illicit oleomargarine maker, was sentenced to six months in jail and fined $10,000. At Tacoma, Wash., a Great Northern freight train was totally destroyed in a collision with a car containing dynamite. At the Vanderbilt university in Nashville, Tenn., a Chinese student won the oratorical prize. 'At Charleston, S. C., a boom has been started to have Wade Hampton appointed senator to succeed McLaurin. Mrs. Eliza Taylor (colored) died in Charlestown, Ind., aged 105 years. Flames at Kindred, N. D., destroyed 22 buildings at a loss of $100,000. In Lake Michigan the schooner H. Rand was overturned and Capt. Jefferson, his daughter and three men were drowned. A steamer was blown to pieces by dynamite near Booneville, Mo., killing two men and destroying two houses. Near Atlantic, la., gypsies kidnaped a young girl, presumably to get ransom for her. Mary Hershberger and her daughter and grandchild were burned to death in a farmhouse near Watseka, III. In session in Des Moines, Ia,, the United Presbyterian general assembly adopted a report declaring members of secret societies ineligible to membership in the church and expelling those already members. In Chicago four of the children of George H. Bramhall, pianist and composer, died within two weeks. The Ohio democrats will hold their state convention in Columbus July 9. The governor has appointed Dr. Alma J. Frisbie the first woman member of the Wisconsin board of university regents. The doors of the People's state bank at Gothenburg, Neb., were closed with deposits of $60,000. The United Confederate veterans, representing 1,331 camps, met in eleventh annual reunion in Memphis, Tenn,
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THE BANK'S DOORS CLOSED. A Monied Institution at Gothenburg in Bad Shape. LINCOLN, June 1.-Because of the poor condition of its paper the People's State bank of Gothenburg was ordered closed by the state banking board. Bank Examiner E. E. Emmett will remain in charge of the institution until a receiver is appointed. The people's bank was organized in 1890, and in 1896 was consolidated with the First State bank. Several days ago Secretary Royse of the banking board suspected something wrong in the management of the institution and an examination later showed it to be in an unsafe condition. It was intimated by Mr. Royse that the poor paper of the institution had been held over from the panic period. The deposits of the bank amount to $60,000 and the loans and discounts to $72,000. The capital stock is $25,000 and the liabilities $90,000. Its officers are: L. D. Lloyd, president; Conrad W. Lloyd, cashier; Clyde W. Lloyd, assistant cashier.