13117. First National Bank (Ballston Spa, NY)

View Charter #954 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
954
Charter Number
954
Start Date
December 3, 1901
Location
Ballston Spa, New York (43.001, -73.849)

Metadata

Model
gpt-5-mini
Short Digest
15e91b89124470b3

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1933-02-02
Share of assets assessed as good
18.6%
Share of assets assessed as doubtful
34.7%
Share of assets assessed as worthless
46.6%

Description

The bank was closed by vote of the board on discovery of a large defalcation by teller Charles E. Fitcham; a U.S. examiner was appointed temporary receiver. The Comptroller authorized resumption and the bank reopened after about 16 days. No articles describe a depositor run prior to suspension—this is a suspension due to bank-specific adverse information (embezzlement) followed by reopening.

Events (5)
1. March 31, 1865 Chartered
Source
historical_nic
2. December 3, 1901 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Discovery of long-running defalcation/embezzlement by teller Charles E. Fitcham (initially reported ~$100,000; later determined about $115,258.95).
Newspaper Excerpt
The First National Bank of Ballston Spa, N. Y., was closed today by a vote of the board of directors upon the discovery of a defalcation by the teller, Charles E. Fitcham...
Source
newspapers
3. December 20, 1901 Reopening
Newspaper Excerpt
The First National Bank resumed business to-day, after a suspension of sixteen days... In the first two hours $60,000 was deposited and $2,000 withdrawn.
Source
newspapers
4. November 24, 1931 Voluntary Liquidation
Source
historical_nic
5. February 2, 1933 Receivership
Source
historical_nic

Newspaper Articles (21)
1. December 3, 1901 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, December 3, 1901

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FROM WASHINGTON. [Correspendence of the Alexandria Gasette. Washington, December 3. The President's message left the White House shortly after 11:30 o'clock this morning and started on its journey to the Capitol. Secretary Pruden and Executive Clerk Young were the bearers of the message. All the messages carried to the Capitol were printed. Only two, that for the Senate and that for the House of Representatives, were signed by the President with pen and ink; the others merely bore his printed name. The copies for the House and Senate were each bound in morrocco leather and printed upon heavy bond paper with wide margins. The other copies were placed upon the desks of all the Senators and members and in the hands of the occupants of the press galleries. The First National Bank of Baliston Spa, N. Y., was closed today by a vote of the board of directors upon the discovery of a defalcation by the teller, Charles E. Fitcham, amounting to $100,000. Examiner E. J. Graham, was present in the bank at the time its doors were closed and had been appointed by the Comptroiler of the Currency temporary receiver, pending a further investigation, Representative Hay, of Virginia, chairman of the House democratic caucus, has appointed Mr. Swanson a member of the special committee to consider a number of resolutions rela. tive to the policy of the democratic members of the House, in accordance with the action of the caucus Saturday. Senator Morgan, chairman of the Isthmian canal committee of theSenate, said today that he would call a meeting of his committee on Thursday of this week to consider canal matters. He said that two bills on the subject would be introduced by him. The first of these would be to appropriate sufficient money to secure necessary concessions from Costa Rica and Nicaragua. The second would be to provide for the construction of the canal itself over the Nicaraguan route. One of the most interesting subjects of discussion among the northwestern members of Congress is the prospect of action by Congress for the purpose of preventing consummation of the four hundred million Northern Securities deal. It is declared that some steps to this end will soon be taken. Embarrassment to the republican party is believed to be the inevitable result of the decision of the Supreme Court yesterday in the Philippine cases. On the advice of Senator Aldrich, the House committee on ways and means will, as soon as possible, introduce a joint resolution extending the Dingley rates of tariff to all goods coming from the Philippines. It is reported that in order to secure action at the earliest possible date Speaker Henderson will appoint the new ways and means committee of the House before the Christmas recess. In order to conform to previous decisions of the Supreme Court, the resolution will have to provide, as was done in the Porto Rican case, that the revenues collected both in the Philippines and at United States ports on goods passing between the United States and the Philippines shall be applied to local uses in the Archipelago. They cannot be covered into the United States Treasury. The joint army and navy board who wit. nessed the recent test at Sandy Hook of the Gatheman gun and system of firing high explosives unanimously report against the gun and shows that the entire "system" has proven a failure. The test cost the government $250,000. The annual report of the attorney general was sent to Congress today. He recommends an additional appropriation for the proposed new building for the department of justice. He also recommends that & special division of the department be created to have charge of insular and other territorial affairs and that & sufficient amount be appropriated by Congress for this purpose.

2. December 3, 1901 The Evening Times Washington, DC
Article from The Evening Times, December 3, 1901

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NATIONAL BANK CLOSED. Defalcations by Teller Fitcham Lead to Receivership. The First National Bank, of Ballston Spa, N. Y., was closed today by a vote of the board of directors upon the discovery of a defalcation by the teller, Charles E. Fitcham, amounting to $100,000. Examiner E. J. Graham was present in the bank at the tim: its doors were closed and has been appointed by the Comptroller of the Currency temporary receiver, pending a further investigation.

3. December 4, 1901 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, December 4, 1901

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BANK TELLER STEALS $100,000 Forces Ballston, N.Y., Institution to Close Doors. HAD BAFFLED THE EXAMINERS D. TALCATION SAID TO HAVE BEGUN MANY YEARS AGO. Ballston, N. Y., Dec. 3.-The First National bank of this place was closed today pending an investigation by a national bank examiner. It is stated that the closing of the bank's doors followed the discovery of irregularities in the accounts of the teller, Charles E. Fitcham. The bank began business in 1865. Judge J. S. Lamoreaux succeeded the late George West as president early in October of this year and H. J. Donaldson succeeded to the vice presidency. The new executive officers began at once a thorough investigation of the bank's atfairs and discovered indications of a defalcation on the part of the teller, Fitcham. The investigation was pursued until it was seen that the defalcation had begun many years ago and attained large figures. Bank Examiners Graham and Van Vranken were sent for and yesterday began a thorough examination. At the close of banking hours they reported a shortage of $100,000. The directors then decided to close the bank pending an investigation and a warrant for Fitcham's arrest was issued. Fitcham was bonded to the amount of $1,000. He has a wife and one daughter. President Lamoreaux said today that it was not possible to determine the amount of Fitcham's defalcation without an inspection of the outstanding certificates of deposit and depositors' pass books. The examination, he said, shows the teller alone is responsible. Mr. Lamoreaux added that it is not thought possible that any loss can come to depositors or certificate holdes, as the bank has a surplus of $100,000 which it is hoped will nearly or quite meet the deficit and leave the bank's capital of $100,000 unimpaired. An examination of the bank by Examiner Van Vranken last August failed to disclose any irregularity in the accounts. Examiner E. J. Graham has been appointed by the comptroller of the currency temporary receiver pending a further investigation. Fitcham is ill at his residence where he is under arrest and guarded by two officers. He was not arraigned this afternoon as his attending physician said it was unsafe to take him from his house in the prevailing snowstorm.

4. December 4, 1901 The Savannah Morning News Savannah, GA
Article from The Savannah Morning News, December 4, 1901

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A Temporary Receiver Appointed. Washington, Dec. 3.-Examiner B. J. Graham has been appointed by the Controller of the Currency temporary receiver of the First National Bank of Ballston, N. Y., pending a further investigation

5. December 4, 1901 The Houston Daily Post Houston, TX
Article from The Houston Daily Post, December 4, 1901

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A SUMMARY OFTHENEWS. Today's Weather: Cloudy; light to fresh southeasterly winds. DOMESTIC. On account of a $100,000 defalcation of the teller. the First National bank of Ballston Spa, N. Y., suspended. The defense in the Bonine murder trial at Washington showed that the deceased, Ayres, did possess a revolver. The National Live Stock association met at Chicago. Snow fell in Kansas.

6. December 4, 1901 The Sun Wilmington, DE
Article from The Sun, December 4, 1901

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BIG BANK DEFALCATION Shortage of $100,000 Causes a Ballston Institution to Quit. TELLER FITCHAM ACCUSED. President Lamorenus Asserts His Be. lief That Depositors and Certiticate Holders will Not Suffer Any Loss. Ballston, N. Y., Dec. 3.-The First National bank of this place has been closed pending an investigation by a national bank examiner. It is stated that the closing of the bank's doors followed the discovery of irregularities in the accounts of the teller, Charles E. Fitcham. The bank began business in 1865, and its present officers are: President, Judge J. S. Lamoreaux; vice president, Harvey J. Donaldson: cashier, Stephen C. Medbery: teller, Charles E. Fitcham. Judge Lamoreaux succeeded the late George West as president early in Oc. tober of this year, at which time Mr. Donaldson succeeded to the vice prestdency. The new executive officers began at once a thorough investigation of the bank's affairs and discovered indications of a defalcation on the part of Teller Fitcham. Cashier Medbery dis1 covered the fact that one regular depositor's account of many years' stande ing had been marked closed. Knowing O this to be erroneous, the investigation S was pursued until it was seen that the defalcation had begun many years ago and had attained large figures. t Bank Examiners E. J. Graham and Josiah Van Vranken were sent for and finally reported a shortage of e $100,000. The directors at once held a e meeting and decided to close the bank II pending an investigation. e Statement by President. it President Lamoreaux has made the 1. following statement: it "The defalcation appears to be ap proximately $100,000. It is not possi S ble to determine the amount withou' I an inspection of outstanding certifiD. cates of deposit and depositors' passIS books. The directors on learning of e the defalcation called and consulted II with Messrs. Graham and Van Vran eken. United States _bank examiners and, after careful deliberation. it was of decided best to close the bank pending d investigation. re "The examinations show the teller alone is responsible. It is not thought epossible that any loss can come to de epositors or certificate holders as the Ie bank has a surplus of $100,000, which it is hoped will nearly or quite meet 11. the detleit and leave the bank's capit olof $100,000 uninspired." te United States Commissioner Davisor or has issued a warrant for Fitcham's ar is rest. ty Fitcham came from Boston as & nd bookkeeper for the late J. A. Hovey al and took his place in the bank when Mr. Medbery was promoted to cashier He has enjoyed the confidence and es teem of the bank officers and citizens generally. He was bonded by the a United States Fidelity and Guarantee company to the amount of $10,000. H le, has a wife and one daughter. Las lly August Bank Examiner Van Vranker asi made his regular examination of th the bank and found everything apparently all right. ept A dispatch from Washington say he that Examiner E. .1. Graham has bee til appointed by the comptroller of eur yas rency temporary receiver pending further invest gation. nd

7. December 4, 1901 New-York Tribune New York, NY
Article from New-York Tribune, December 4, 1901

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BANK ROBBED OF $100,000. TELLER OF THE FIRST NATIONAL OF BALLSTON ACCUSED OF BIG DEFALCATION. Ballston, N. Y., Dec. 3.-The First National Bank here was closed to-day pending a thorough investigation by national bank examiners, and E. J. Graham, an examiner, has been appointed temporary receiver by the Controller of the Currency It is stated that the closing of the bank followed the discovery of a big shortage in the accounts of the teller, Charles E. Fitcham. The bank began business in 1865. Its president is Judge J. S. Lamoreaux. Judge Lamoreaux succeeded the late George West as president early in October of this year, at which time Harvey J. Donaldson succeeded to the vice-presidency. The new executive officers began at once an investigation of the bank's affairs, and discovered indications of a defalcation on the part of Fitcham. The cashier. S. C. Medbery, found that one regular depositor's account of many years' standing had been marked closed. The investigation was pursued further, and it was seen that the defalcation had begun many years ago and attained large figures. E. J. Graham and Josiah Van Vranken, bank examiners, were sent for, and yesterday they reported a shortage of $100,000. Fitcham came from Boston. He had enjoyed the confidence of the bank officers and citizens generally. He is bended by the United States Fidelity and Guaranty Company for $10,000. Last August Mr. Van Vranken made his regular examination of the bank and found everything apparently all right. President Lamoreaux to-day made the following statement: "The defalcation appears to be approximately $100,000. The examinations show the teller alone is responsible. It is not thought possible that any loss can come to depositors or certificate holders, as the bank has a surplus of $100,000, which it is hoped will nearly or quite meet the deficit and leave the bank's capital of $100,000 unimpaired." Fitcham is ill at his home. where he is under arrest. He was not arraigned in court this afternoon, as it was unsafe to take him from his house in the prevailing snowstorm. The First National Bank, of this city, is the local correspondent of the First National Bank of Ballston. Officials of the local institution declare that the Ballston bank has a credit balance with it at this time.

8. December 4, 1901 The Washington Times Washington, DC
Article from The Washington Times, December 4, 1901

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A $100,000 DEFALCATION. Balston Spa National Bank Closes Its Doors. The Comptroller of the Currency yesterday announced that the First National Bank of Balston Spa, N. Y., was closed by vote of the board of directors on the discovery of a defalcation by the teller, Charles E. Fitcham, amounting to $100,000. Examiner E. J. Graham was present in the bank at the time its doors were closed and has been appointed temporary receiver pending a further investigation. The following is a statement of the condition of the bank as shown by its report for September 30, 1901: Liabilities: Capital, $100,000; surplus and undivided profits, $142,594.65; circulation, $100,000; due to national banks, $1,335.34; individual deposits, $656,868.72; total, $1,000,798.71. Resources: Loans, $578,823.05; United States bonds to secure circulation, $100,000; stocks, securities, etc., $160,000; banking house. $3,000; due from banks and bankers, $104,950.42; cash and other items, $49,025.24; 5 per cent redemption fund, $5,000; total, $1,000,798.71. Advices from Balston further state that the shortage was discovered Monday afternoon and an examination of the books showed that the theft had been going on for many years. Fitcham has been teller of the bank twenty-five years and was considered an upright man. A warrant charging him with defalcation was issued yesterday by United States Commissioner Davidson, of Saratoga Springs. An investigation will be made and it is thought that the bank will meet all obligations and resume business. The late ex-Congressman George West was president of the bank for many years. J. S. Lamoreux is the new president. United States Examiners Van Vraken and Graham are now in charge of the bank. It is not known what the defaulting teller did with the money, as he led an apparently exemplary life. Fitcham has been connected with the bank for thirty years and never took a vacation. He is about sixty years old and has a wife and daughter. The bank has a capital of $100,000 and a surplus of $225,000.

9. December 5, 1901 The News & Observer Raleigh, NC
Article from The News & Observer, December 5, 1901

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NATIONAL BANK CLOSES. A Shortage of $100,000 Discovered. Teller Ficham Under Arrest. (By the Associated Press.) Ballston, N. Y., Dec. 3.-The First National Bank of this place was closed today pending an investigation by a national bank examiner. It is stated that the closing of the bank's doors followed the discovery of irregularities in the accounts of the teller, Charles E. Fitcham, Judge J. S. Lamoreaux succeeded the late George West as president early in October this year, and H. J. Donaldson succeeded to the vice presidency. The new executive officers began at once a thorough investigation of the bank's affairs and they discovered indications of a defalcation on the part of Teller Fitcham. The investigation was pursued until it was seen that the defalcation had begun many years ago and attained large figures. Bank Examiners Graham and VanVranken were sent for and yesterday began a thorough examination. At the close of banking hours they reported a shortage of one hundred thousand dollars. The directors then decided to close the bank pending an investigation and a warrant for Fitcham's arrest was issued. Fitcham was bonded to the amount of $10,000. He has a wife and one daughter. President Lamoreaux said the examination shows the teller alone is responsible. Mr. Lamoreaux added that it is not thought possible that any loss can come to depositors or certificate holders, as the bank has a surplus of $100,000, which it is hoped will nearly or quite meet the deficit and leave the bank's capital of $100,000 unimpaired. Fitcham is ill at his residence, where he is under arrest and guarded by two officers. E. J. Graham has been appointed temporary receiver.

10. December 6, 1901 The Forrest City Times Forrest City, AR
Article from The Forrest City Times, December 6, 1901

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The First National Bank of Ballston Spa, N. Y., Closed Pending Investigation. TELLER FITCHAM'S ACCOUNTS SHORT. Examination of the Books Show a Probable Discrepancy of $100,000, Begun Many Years Ago, and Which Had Escaped the Vigilance of the Bank Examiners. Ballston Spa, N. Y., Nec. 4.-The First national bank of this place was closed Tuesday, pending an investigation by a national bank examiner. It is stated that the closing of the bank's doors followed the discovery of irregularities in the accounts of the teller, Charles E. Fitcham. The bank began business in 1865. Judge J. S. Lamoreaux succeeded the late George West as president early in October in this year, and H. J. Donaldson succeeded to the vice-presidency. The new executive officers began at once a thorough investigation of the bank's affairs and discovered indications of a defalcation on the part of Teller Fitcham. The investigation was pursued until it was seen that the defalcation had begun many years ago and attained large figures. Bank Examiners Graham and Van Vranken were sent for and, on Monday, began a thorough examination. At the close of banking hours they reported a shortage of $100,000. The directors then decided to close the bank pending an investigation and a warrant for Fitcham's arrest was issued. Fitcham was bonded to the amount of $1,000. He has a wife and one daughter. President Lamoreaux said that it was not possible to determine the amount of Fitcham's defalcation without an inspection of the outstanding certificates of deposit and depositors' pass books. The examination, he said, shows the teller alone is responsible. Mr. Lamoreaux added that it is not thought possible that any loss can come to depositors or certificate holders, as the bank has a surplus of $100,000, which it.is hoped will nearly or quite meet the deficit and leave the bank's capital of $100,000 unimpaired. An examination of the bank by Examiner Van Vranken last August failed to disclose any irregularity in the accounts. Examiner E. J. Graham has been appointed by the comptroller of the currency temporary receiver, pending a further investigation.

11. December 7, 1901 Watertown Republican Watertown, WI
Article from Watertown Republican, December 7, 1901

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aumnistered to new senators. In the house David B. Henderson (Ia.) was reelected speaker. The usual committees were appointed to inform the president and the senate that the house was organized and ready to do business. Three thousand bills were introduced during the session, among them being measures making February 12, Lincoln's birthday, a national holiday; granting statehood to Oklahoma; creating a department of commerce, labor and manufacture; appropriating $50,000 for a monument to President William H. Harrison at South Bend, Ind.; to prevent combinations in restraint of trade; for the punishment of persons assaulting or killing the president of the United States. In the United States senate on the 3d the president's message was read and a committee was appointed to join a house committee to decide upon a tribute of respect to the late President McKinley. In the house the speaker named the committee on rules, after which the president's message was read and a committee appointed to act with a senate committee with reference to a tribute to William McKinley. A bill was introduced to extend the Chinese exclusion law 20 years. In a prize fight in Chicago with James Driscoll August Reininger is said to have sustained injuries which caused his death. Government receipts in November amounted to $45,776,776 and expenditures to $40,198,916, which leaves a surplus for the month of $5,517,860 and $32,878,930 for the five months of the present fiscal year. The fire losses in the United States for November amounted to $15,000,000, making the losses thus far this year $140,000,000. Secretary Gage transmitted to congress his estimate for appropriations needed for the fiscal year ending June 30, 1903. The total is $610,827,688, which is $18,000,000 less than the estimates for 1902. The South Carolina and West Indian exposition was formally opened to the world in Charleston with words of greeting from the president of the United States. The supreme court has decided that the Philippine islands and Porto Rico became domestic territories of the United States immedia ely upon the ratification of the peace with Spain. Gen. Botha says that the Boers are able to continue the war five years and that they will drive the British out of Cape Colony. The public debt statement issued on the 2d shows that the debt decreased $11,206,512 during the month of November. The cash balance in the treasury was $317,010,664. The total debt, less the cash in the treasury, amounts to $1,011,626,445. The fifth annual convention of the National Live Stock association met in Chicago. The president's message is favorably commented on in foreign capitals, especially its suggestions of repressive measures against anarchists. Richard Croker announces his retirement from Tammany leadership January 1. In a boiler explosion at a sawmill near Yellowstone, Ind., Marion Lutz, Perry Mitchell and Ellis Henderson were killed. Burglars secured $4,000 in cash from the State bank at Williamsville, III. The First national bank of Ballston Spa, N. Y., has been closed pending an investigation. It is charged that the teller, Charles E. Fitcham, is short $100,000. Charles Brown was hanged at Mount Holly, N. J., for the murder of Washington Hunter, aged 70, at Riverside. A supreme court decision will make it necessary to enact laws establishing a civil government in the Philippines and provide tariff laws for the colonies. A passenger train on the St. Paul road running 50 miles an hour was derailed at Shermerville, III., and four persons were injured. Eleven out of 14 cities in Massachusetts voted for license, a gain of one over last year. Ten cities elected republican mayors. Twenty-five shoe manufacturers of Cincinnati have declared their independence of organized labor. Maintenance of the protective tariff, advocacy of reciprocity, publicity as the chief remedy for trust evils, rigid exclusion of anarchists, maintenance of the Monroe doctrine, building of the isthmian canal, adherence to civil service and restrictions on immi-

12. December 12, 1901 Wood County Reporter Wisconsin Rapids, WI
Article from Wood County Reporter, December 12, 1901

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worn by a passenger. Yale declined to make an athletic agreement with Harvard for period longer than one year. Congress may enact a law increasing the salaries of the supreme court, circuit, and district judges. Sharkey challenged Jeffries to fight for the heavyweight championship and posted a forfeit of $2,500. Fourteen Massachusetts cities held elections. Ten of them elected republican mayors and councils. Agricultural reports from Gemany indicate a big shortage in the wheat and rye crops of that country. A dog upset a lamp in a house near Altoona, Pa., and a woman and four children were burned to death. It is charged that Detective Walsh is the leader of a gang of Chicago safe blowers. Walsh denies it. Amos Rusie, once a famous ball player, is getting $1.50 a day as a common laborer at Munice, Ind. William B. Leeds, an official of the steel trust, will probably be made president of the Rock Island road. N. P. Clark, the St. Cloud lumberman, filed a petition in bankruptcy with $687,725 debts and $125 assets. The Russian artist, Makonsky, is painting a portrait of the president. President Roosevelt is offered the honorary presidency of the Olympian games by the international committee. The Alton road discharged 50 employes who refused to work on Thanksgiving day and a strike may follow. Judge Emory Speer of Georgia deided that bankruptcy laws supersede state laws in insolvency proceedings. Congress is likely to reduce southern representaiton in that body because of the denial of suffrage to negroes. The will of Clement Studebaker was filed at South Bend. His estate, which is valued at several millions. is left to his family. The mayor of Decatur was indicted charged with aiding and protecting gamblers and saloon-keepers in violating the law. The Rutgers Riverside Presbyterian church, New York, has called Rev. Dr. Robert Mackenzie of San Francisco to its pastorate. L. K. Salsbury, city attorney of Grand Rapids, was convicted of accepting bribe of $75,000 in the waterworks scandal. The First National Bank of Ballston. N. Y., was closed pending investigation. Teller C. E. Fitcham is apparently short $100,000. By the explosion of an ammonia retort in the Hotel Belvidere New York, two men were hurt and the guests were thrown into a panic. Three men were fatally wounded at Rich Hill, Mo., in a fight between miters and a sheriff's posse. State troops were ordered to the scene. Frank Jay Gould. youngest son of the late Jay Gould. and Miss Helen Kelly, daughter of the late Edward Kelly, were married in New York. The Standard Oil company acquired a monopoly in the oil business of Borneo and east Africa by the purchase of the Shell line of steamers. The Isthmian canal commission in its report to congress recommended the Nicaragua route, the cost of a canal being estimated at $189,864,062. S. E. Murphy, who is in jail at Eufala, Ala., charged with forgery, is said to have posed as an evangelist and conducted several religious revivals. The full text of the Hay-Pauncefote agreement concerning the Nicaraguan

13. December 12, 1901 Mineral Point Tribune Mineral Point, WI
Article from Mineral Point Tribune, December 12, 1901

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ny, operating all the street car lines Minneapolis, St. Paul, and Stillwat . has announced an increase in the ages of motormen and conductors eraging 2 cents an hour, to take ef et on Jan. 1. Burlington railway detectives are e vicinity of Beverly, Mo., making 1 investigation into the wreck of the er at that place last Thursday, and fficient evidence has been found ove beyond a doubt that an attempt wreck the train was made. Francis Gordon Dunn. a New York orting man, was sentenced in 1 yesterday to a year's penal servide for signing the name "Davidson" a check given in payment for a $1. 0 watch. Davidson is the name unn's fiancee, for whom the watch intended su In the Edgar county circuit court aris, Iil., Miss Rosa Ella Graham ughter of a wealthy citizen here is been awarded $5,000 damages ainst Barnett T. Morrow for breach promise. Morrow belongs to ealthy family and for two years enly devoted to Miss Graham. At the request of Governor General ood of Cuba the itinerary of the orth Atlantic squadron has been anged SO as to have the squadron Havana during the Christmas holiys-from Dec. 17 to 26. A movement is on foot to organize the basket manufacturers east of el Mississippi into a trust. One of the ading promoter of the scheme is Wilrd Ducomb. president of the Findlay hio) Basket company. Last September in the United States strict court. James Considine. well own as a theatrical manager, was nvicted on the charge of robbing the stoffice at Greenville. O., and senneed to five years in the penitentiary. nding his appeal Considine has been t on $10,000 bond. The United States cuit court of appeals has affirmed el finding of the district court. At the session of the Masonic grand Ige of Texas a resolution extending ternal recognition to the grand lodge the valley of Mexico. at the City of exico. and of the grand lodge Benito arez. of the state of Coahuila, opted and the representatives of ose bodies invited to seats in the and lodge of Texas. This action portant to the Mexican Masonic lges. as it gives them standing and cognition in the United States. The failure of Woods & Malone, operDTS of cotton factories, was announeat Savannah. Ga. Wednesday. Their bilities are $150.000 and assets $100.% Romaine Taubaux. a Frenchman ile intoxicated, Wednesday shot and ally wounded his wife and son. Girrd Taubaux. and two other sons $ home in Weir City, Kan. The publishing business of Earl mont of Chicago is in the hands of reiver. The liabilities are $250,000 d assets $537,000. Edward John Eyre, who was goverr of Jamaica and its dependencies 62-66, and who put down the mutiny the negroes there is dead. He was rn in 1815. A rare printed edition of 1807 ron's "Poems on Various Occasions." th three original verses in Byron's ndwriting. was sold at Sotheby's ndon, yesterday for £129. The monthly coinage statement ised by the director of the mint shows el total coinage executed at the mints the United States during November 01. to have been $7,484,090. as follows: ld, $6,670,000; silver. $917,000; minor 'su] At a special meeting of the stockhold $ of the Pittsburg Plate Glass comny the capital stock was increased m $10,500,000 to $12,000,000. The inased capital is to be used to extend el stock house system of the company different parts of the country. The First National bank of Ballston a. New York, was closed by a vote the board of directors. The compoller of the currency has issued tement to the effect that this action s taken owing to the discovery of falcation by the teller. Charles tebam amounting to 000 001$

14. December 18, 1901 The Wilmington Daily Republican Wilmington, DE
Article from The Wilmington Daily Republican, December 18, 1901

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Rallston Bank to Resume. WASHINGTON, Dec. 18.-The comptroller of the currency has authorized the recently suspended First National bank of Ballston Spa, N. Y., to resume business tomorrow. This action was taken upon information that the capital of the bank was unimpaired and the bank was otherwise safe.

15. December 18, 1901 Barre Evening Telegram Barre, VT
Article from Barre Evening Telegram, December 18, 1901

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Ballston Bank Officials. Ballston, N. Y., Dec. 17.-Judge Jesse S. Lamoreaux and Harvey J. Donaldson, respectively president and vice president of the suspended First National bank of Ballston, have gone to Washington to consult with the comptroller of the currency concerning the reopening of the bank. The total of Teller Fitcham's embezzlement is exactly $115,258.95.

16. December 18, 1901 The Sun Wilmington, DE
Article from The Sun, December 18, 1901

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Ballston Bank to Resume Business. Washington. Dec. 18.-The comptroller of the currency has authorized the recently suspended First National bank of Ballston Spa. N. Y.. to resume business tomorrow. This action was taken upon information that the capital of the bank was unimpaired and the bank was otherwise safe.

17. December 18, 1901 Waterbury Democrat Waterbury, CT
Article from Waterbury Democrat, December 18, 1901

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Hallston Bank to Resume. WASHINGTON, Dec. 18.-The compfroller of the currency has authorised the recently suspended First National bank of Ballston Spa, N. Y., to resume business tomorrow. This action was taken upon information that the capital of the bank was unimpaired and the bank was otherwise safe,

18. December 20, 1901 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, December 20, 1901

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NEWS IN OUTLINE. The senate has confirmed A. O. Marsh as pension agent at Indianapolis. As a result of the intense cold and blizzard stockmen of Oklahoma figure a 10 per cent. loss in cattle. Three degrees below zero is the lowest temperature recorded by the official thermometers in Kansas yesterday. Thomas Gibbin, a farmer near Ashley, O. T., committed suicide at Augusta by shooting. He was formerly mayor of Iuka, Kan. Cherokee Indians are reported starving in the hills near Tahlequah in the Going Snake district, O. T. The grand jury at Omaha has voted true bills against 148 business men and others for keeping and maintaining "gambling devices." A. S. Kirgan, residing near Amelia, O., was found frozen to death within forty feet of his home. The First National Bank. of Ballston, N. Y., has resumed business after a suspension of sixteen days. Mr. and Mrs. Rudyard Kipling are to sail for South Africa Dec. 21. A dispatch from Cairo says Cecil Rhodes has suffered from a heat stroke. The Colonial Brewing company of New York has made an assignment for the benefit of creditors. The Massachusetts memorial tablet erected on the site of the old prison at Andersonville, Ga., has been dedicated. The Atlantic Rubber Shoe company, capital $10,000,000, has been incorporated at Trenton, N. J. A stranger was found frozen to death on a strawstack near Decatur, Ala.

19. December 20, 1901 New-York Tribune New York, NY
Article from New-York Tribune, December 20, 1901

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BALLSTON BANK RESUMES BUSINESS. SIXTEEN DAYS FOR ADJUSTMENT OF $115,000 DEFALCATION BREAKS BANKING BUREAU RECORD. Ballston, N. Y., Dec. -The First National Bank resumed business to-day, after a suspension of sixteen days. with the place of Charles E. Fitcham, the defaulting teller, filled. Cashier Medbery appeared in the place of Vice-President Donaldson, and Robert M. Medbery, a bookkeeper. acted as assistant. In the first two hours $60,000 was deposited and $2,000 withdrawn. There was no excitement. Bank Examiner Graham said the case breaks the record of the banking bureau in the short term of adjustment. The defalcation was more than $115.000, and more than fifteen hundred depositors' accounts were examined. Fitcham. who is charged with misappropriating national bank funds and is held in $20,000 to await the action of the Federal grand jury, which will meet in Albany in February, furnished ball this afternoon. His bondsmen are George A. Hubbard and Henry Wollard. of Albany, and Allen Lindsay, of Troy. Fitcham is reported to be seriously indisposed at his home in Ballston 3pa.

20. December 21, 1901 Barre Evening Telegram Barre, VT
Article from Barre Evening Telegram, December 21, 1901

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Ballston Bank Reopens. Ballston. N. Y., Dec. 20.-The First National bank has resumed business after suspension for sixteen days, with the teller's vacancy filled. Cashier Medbery appeared in the place of Vice President Donaldson. and Bookkeeper Robert M. Medbery acted as assistant. In the first two hours $60,000 was deposited and $2,000 withdrawn.

21. December 21, 1901 The Irish Standard Minneapolis, Saint Paul, MN
Article from The Irish Standard, December 21, 1901

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Will Resume Business. Washington, Dec. 18.-The comptroller of the currency has author. ized the "recently suspended First National bank of Ballston Spa, N. Y., to resume business on the 19th inst This action was taken upon informa. tion that the capital of the bank was unimpaired and the bank was other. wise safe.