13193. German National Bank (Lincoln, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3571
Charter Number
3571
Start Date
December 16, 1895
Location
Lincoln, Nebraska (40.800, -96.667)

Metadata

Model
gpt-5-mini
Short Digest
0366b5c6

Response Measures

None

Receivership Details

Depositor recovery rate
19.0%
Date receivership started
1895-12-19
Date receivership terminated
1899-09-22
OCC cause of failure
Losses
Share of assets assessed as good
12.3%
Share of assets assessed as doubtful
74.6%
Share of assets assessed as worthless
13.1%

Description

The German National Bank of Lincoln was closed/suspended by the Comptroller and bank examiner placed in charge on Dec 16, 1895; a receiver (Hayden) was later at work and the institution remained in receivership (per subsequent articles). There is mention of prior withdrawals but no discrete depositor run on this bank described; surrounding banks invoked 60-day notice to guard against runs. Classified as suspension_closure (suspension by government action leading to permanent closure/receivership).

Events (4)

1. October 16, 1886 Chartered
Source
historical_nic
2. December 16, 1895 Suspension
Cause
Government Action
Cause Details
Comptroller of the Currency received notice and placed National Bank Examiner Whitmore in charge; bank closed by federal authority (suspension).
Newspaper Excerpt
The German National Bank closed its doors this morning and is under the care of the National Bank Examiner.
Source
newspapers
3. December 19, 1895 Receivership
Source
historical_nic
4. December 20, 1895 Receivership
Newspaper Excerpt
Receiver Hayden has commenced work on the books of the bank, instructions having been received from Washington to admit him and allow him to ...
Source
newspapers

Newspaper Articles (17)

Article from New-York Tribune, December 17, 1895

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BUSINESS EMBARRASSMENTS. Troy, N. Y., Dec. 16.-Trustees of the Walter A. Wood Mowing and Reaping Machine Company, of Hoosick Falls, applied to-day for voluntary dissolution and temporary receivers. Danforth Geer and Seymour Van Santvoord were appointed temporary receivers. pending hearing on the application. The trustees say that a recent application by a stockholder for a receiver caused the claims against the company to be pressed and made the present application necessary. It is thought the works will be started next month, and the recently formulated plan of reorganization be carried out. Lincoln, Neb., Dec. 16.-The German National Bank closed its doors this morning and is under the care of the National Bank Examiner. The capital stock was $100,000 and deposits about $50,000. The assets are several times that amount. There is no excitement.


Article from The San Francisco Call, December 17, 1895

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FAILURE OF A NATIONAL BANK. Collapse of the Lincoln Concern That Was Started by Montgomery, Who Was Murdered. LINCOLN, NEBR., Dec. 16.-The German National Bank, with a capital stock of $100,000, closed its doors this morning, and was turned over to the Comptroller of the Currency, National Bank Examiner Whitmore taking possession. C. S. Beggs is president and G. F. Schwake cashier. The failure cannot be called a bad one; and while it caused a mođerate run on other banks, all of which met demands promptly, there was an absence of any great excitement. The bank was organized during the most prosperous era in Lincoln's history. It opened for business December 10, 1886. C. E. Montgomery was one of its originators, and was its president when he was shot and killed four years ago by W. H. Irvine of Salt Lake City. From that time the bank has been losing money, and it was the hope of the stockholders to go into voluntary liquidation before many months. A fairly conservative statement secured this evening puts the total assets at $204,371 and the liabilities at $181,997. Officers of the institution declare that the paper on hand is of such quality as to warrant the assertion that claims will be met dollar for dollar. The failure was not entirely unexpected, as withdrawal of funds have been constant for a number of weeks past. The State and city are caught for small amounts.


Article from The Wichita Daily Eagle, December 17, 1895

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BANK SUSPENDS AT LINCOLN. Another in the City Avails Itself of the Sixty-Day Law. Washington, Dec. 16.-The comptroller of the currency has received a telegram announcing the suspension of the German National bank of Lincoln, Nez., The bank has a capital of $100,000 and according to its last statement owed about $150,000. Bank examiner Whitmore was placed in charge. Lincoln, Dec. 16.-Late this afternoon the Lincoln Savings bank refused to receive deposits and gave notice that it would avail itself of the sixty days notification law against withdrawals. This is considered tonight to indicate that the bank merely desires to protect itself against a run incident to the failure of the German National bank. The Lincoln Savings bank has a safety deposit vault and will not, of course,close its doors. This afternoon the dry goods firm of H. R. Nissley & Co., filed chattel mortgages at the office of the county clerk for $17,000. The amount of $14,000 was in afvor of a brother of Mr. Nissley and $3,000 to H. B. Clafflin & Co., New York.


Article from The Anaconda Standard, December 17, 1895

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A Nebraska Bank Suspends. Washington, Dec. 16.-The comptroller of the currency to-day received a telegram announcing the suspension of the German National bank of Lincoln, Neb.


Article from Wheeling Register, December 17, 1895

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TWO NEBRASKA BANKS. A National Bank Closes its Doors, and A Savings Bank Takes Advantage of the Sixty Day Law. Lincoln, Neb., December 16.-The German National Bank closed its doors to-day. The bank has been looked upon as a little uncerain for some time and depositors had been gradually withdrawing. Deposits aggregate $48,000, and the assets will cover all liabilities. C. T. Boggs was president and cashier. Omaha, Neb., December 16.-Late this afternoon the Lincoln Savings Bank refused to receive deposits and gave notice that it would avail itself of the sixty days notification law against withdrawals. This is considered to-night to indicate that the bank merely desires to protect itself against a run incident to the failure of the German National Bank. This afternoon the dry goods house of H. R. Nissley & Company filed chattel mortgages at the office of the county clerk for $17,000. The amount of $14,000 was in favor of a brother of Mr. Nissley and $3,000 to H. B. Claflin & Company, of New York.


Article from The Providence News, December 17, 1895

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German National Closed. W ASHINGTON, Dec. 17-The comptroller of the currency yesterday received notice of the suspension of the German National bank of Lincoln, Neb. The bank had a capital of $100,000. Bank Examiner Whitmore was placed in charge.


Article from Red Lodge Picket, December 21, 1895

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BANK SUSPENSIONS AT LINCOLN That of the German National Closely Followed by the Lincoln Savings. Washington, Dec. 16.--The comptroller of the currency today received a telegram announcing the suspension of the German National bank f Lincoln, Neb. REFUSED TO TAKE DEPOSITS. Lincoln, Neb., Dec. 16.-Late this afternoon the Lincoln Savings bank refused to take deposits, and it gave notice that it would avail itself of the 60 days notification law against withdrawals. This is considered tonight to indicate that the bank merely desires to protect itself against a run incident to the failure of the German National bank.


Article from Omaha Daily Bee, December 21, 1895

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PUTS THE COMPANY IN A HOLE Ruling of Judge Hall that May Cost the Rock Island Some Money. DAVIS' CONVICTION IS NO DEFENSE Company Must Show that Wreck Victims Contributed Their Death by Their Own Negligenee-Lincoln Local Notes. LINCOLN, Dec. 20.-(Special.)-It appears that if the ruling made by Judge Hall in the case of the Morse estate against the Rock Island Railroad company holds good in the supreme court the road will have to pay for every one of the wreck victims. The accident occurred August 9, 1893, and eleven passengers were killed and a number wounded. George W. Davis, after three trials, was convicted of having wrecked the train. The company in the late trial of the Morge case set up that the wreck occurred through no negligence on its part. It also filed a demurrer, which was overruled, and the case iven to the jury, without any evidence being submitted by the defense. The jury returned a verdict for the Morse estate of $2,000. The court instructed the jury that to entitle the plaintiff to recover under the statutes of Nebraska it was only necessary to prove that he was a passenger and that his death was caused by the wreck. The court says this is presumptive negligence on the part of the company, and to avoid liability for damages it is necessary for the company to show that his death was due to criminal negligence of the party injured, or his violation of some express rule or regulation of the company, actually brought to his notice. The case has been pending now for over two years, and excites a great deal of interest in railroad circles. Today the American Exchange National bank dismissed its replevin suit for that portion of the Nissley stock of goods covered by chattel mortgages to Claffin & Co., Hargreaves Bros. and the State Journal company, but will fight that of A. R. Nissley. which covers the largest and bist part of the goods. z. T. Lindsey of Omaha has brought suit in attachment for $422.42 against the firm of Nissley & Co. WILL TEST THE STATUTE. Mrs. M. I. Courtnay, who was recently sued by her mother to compel her to furnish her support, has filed a demurrer. which will bring the issue of whether the statute providing that indigent persons shall be supported by their next of kin is a valid one. The demurrer takes the ground that, admitting the facts to be true, they do not constitute a cause of action under the laws. There appears to be no chance for President Boggs of the German National bank to settle up the affairs of that institution instead of the receiver. The only way in which this could be done is by his appointment as trustee by the receiver. To become such trustee it would be necessary that all the depositors joined in a petition to that effect. Evidently this is an impossibility. judging by the tone and temper of some of the depositors. It is now rumored among the depositors that certain interests were given a tip of the bank's financial condition in time to save them any loss. It is intimated that the county of Lancaster received warning and drew out $15,000 a short time before the suspension. It is known that that sum was on deposit in the name of the county, and when the crash came it had been withdrawn. Receiver Hayden has commenced work on the books of the bank, instructions having been received from Washington to admit him and allow him to


Article from The Kootenai Herald, December 21, 1895

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BANK SUSPENSIONS AT LINCOLN That of the German National Closely Followed by the Lincoln Savings. Washington, Dec. 16.-The comptroller of the currency today received a telegram announcing the suspension of the German National bank f Lincoln, Neb. REFUSED TO TAKE DEPOSITS. Lincoln, Neb., Dec. 16.-Late this afternoon the Lincoln Savings bank refused to take deposits, and it gave notice that it would avail itself of the 60 days notification law against withdrawals. This is considered tonight to indicate that the bank merely desires to protect itself against a run incident to the failure of the German National bank.


Article from The Silver Blade, December 21, 1895

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BANK SUSPENSIONS AT LINCOLN That of the German National Closely Followed by the Lincoln Savings. Washington, Dec. 16.-The comptroller of the currency today received a telegram announcing the suspension of the German National bank f Lincoln, Neb. REFUSED TO TAKE DEPOSITS. Lincoln, Neb., Dec. 16.-Late this afternoon the Lincoln Savings bank refused to take deposits, and it gave notice that it would avail itself of the 60 days notification law against withdrawals. This is considered tonight to indicate that the bank merely desires to protect itself against a run incident to the failure of the German National bank.


Article from Semi-Weekly Independent, December 25, 1895

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nois Supreme bench from the Sixth Judicial District to succeed the late Judge Bailey. Sylvester Johnson has been awarded a verdict for $5,000 damages against the city of Ashland, Wis., for the loss of an ear, sustained while driving on a defective highway. Frederick Wilhelm Johomme Beese, of Elyria, Ohio, celebrated his 100th birthday. He reads without glasses, is in excellent health, works every day, shaves himself and never employed a physician in his life. Fred Hosford, 35 years of age, a wholesale and retail coal dealer at Burlington, Iowa, committed suicide Monday morning by jumping from the upper story of the Burlington elevator, a distance of 130 feet. His big business interests had overtaxed his mind, rendering him insane. Lewis Krekel, an old man of Burlington, Iowa, disappeared from his home a month ago. Monday his body was found badly mutilated, and with the throat cut, lying in an unused well. The coroner suspects foul play and is investigating. The deceased carried a large life insurance. The German National Bank at Lincoln, Neb., has failed. The liabilities. including stock, are $180,000; nominal assets, $200,000; deposits, $49,000. The failure started a run on the Lincoln Saviugs Bank, which has availed itself of the sixty days' notification law against withdrawals. Two pieces of lead pipe packed with gunpowder were mailed to George M. Pullman and Philip D. Armour Monday morning at Chicago. Two lives were saved by the action of the postal authorities and the warning of the man suspected of sending the infernal machines. The mere sliding of the lid of either of the boxes containing the lead pipe would have been sufficient to cause an explosion and the selected victims would have been blown to pieces. S. A. Owen is the man who gave warning, and the postal authorities believe he also planned the mailing of the bombs. Following is a list of those most seriously injured in a railway wreck at Milton, Ohio, Monday night: Joel Borscher, Lima, Ohio; Miss Rosa Barough, Custer, Ohio; Mrs. B. G. Doty, Custer, Ohio; Miss Mary Lance, Custer, Ohio: Mrs. F. A. Balmor, Custer, Ohio: Matthew Blausius, Custer, Ohio; John Bruch, Custer. Ohio; Charles Blausius, Custer, Ohio: Charles Seaman, Custer, Ohio: John Bolton, Custer, Ohio: Engineer Clark Hoyt, Lima; Fireman Osman, Lima. No one was killed. Twenty-five persons injured less seriously than those named above were able to go to their homes. Fireman Jas. Osman is very seriously injured and it is feared that Engineer Hoyt's injuries will prove fatal. Says the Chicago Post: Jaunty and flippant is Capt. Michael J. White, of the Seventh Regiment, I. N. G., and driver for John Sexton & Co., although imprisonment in the Chicago avenue station on the charge of murder might be conducive of gravity if not of fear. While driving off the north end of State street bridge


Article from Omaha Daily Bee, January 15, 1896

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# FRUIT GROWERS IN SESSION State Horticultural Society Looking After Its General Business Affairs. # DAY DEVOTED TO IRRIGATION MATTERS Interesting Papers on the Relation of Fruits and Ditches Read by Prominent Exponents of the Principle. LINCOLN, Jan. 14. (Special.) The first session of the twenty-fourth annual meet-ing of the Nebraska State Horticultural society assembled this afternoon in Nebraska hall, State university grounds. President E. F. Stephens of Crete, Neb., presided. The following papers were read: "Irrigation for Orchard and Garden," Hon. I. A. Fort, North Platte, Neb.; "Water Supply of Nebraska," Prof. O. V. P. Stout; "Strawberry Growing with Irrigation," J. W. Stevenson, North Bend; "How I Obtained and Used Water," John Tannahill, Columbus. Lute Wilcox of Denver, editor of Field and Farm, and author of "Irrigation Farming," delivered a most interesting lecture, illustrated with comprehensive charts, on "Orchard Irrigation and Cultivation." The hall was packed with an appreciative audience, and Mr. Wilcox held the closest attention until the close. The meeting will continue until Thursday noon. The election of officers will take place tomorrow morning at 11 o'clock. The evening's program opened with a report by the secretary, which was quite flattering to the growth of the society and its prospects for the future. The treasurer's report showed that the expenses for the past year had been $2,408.77, leaving a balance on hand of $1,446.92. The lecture by Prof. T. L. Lyon of the State university, on "Conservation of Soil Moistures," was illustrated by many interesting experiments. He dwelt particularly on the great benefit to be derived from subsoil plowing, and showed that while the rainfall of Nebraska was as heavy as that of Minnesota, the latter did not suffer to our extent from evaporation caused by heat and high winds. Prof. G. D. Sweezy of the state weather service read an interesting paper on "Sunshine and Cloudiness in Relation to Crops." A discussion on "Benefits to Be Derived from Thorough and Clean Cultivation" was led by S. W. Perrin. One of the most interesting papers and one that evoked the greatest number of questions was that of P. Younger, jr., on "Preparation of Soil for Orchard and Garden Work." Other papers were read by J. M. Russell, Wymore; R. E. Emerson, University Place; G. A. Marshall. The great length of this evening's program necessitated carrying over some of the features until tomorrow. Several committees were appointed who will present their reports at the session in the morning at 9 o'clock. There has occurred some little friction between the State Historical society and the Horticultural society on account of a misunderstanding of the arrangements of the program. The Historical people say that the agreement was that the Horticultural society should hold afternoon sessions only, and the Historical society should meet in the evenings. The horticulturists have programs out for mornings, afternoons and evenings. A large portion of the program for tomorrow is devoted to small fruits. In Grant Merorial hall there is now being prepared a beautiful collection of large and small fruits, and although the premiums are small, the interest of the Nebraska horticulturists is manifested by the really excellent display which is made. FARMERS' MUTUAL ELECTION. The annual meeting of the Farmers' Mutual Insurance company was held today. Three hundred steckholders were in attendance. There was considerable trouble over the $700 deposit lost in the German National bank failure. A majority appeared to favor a plan to hold Treasurer Greenamyre responsible, but no definite conclusion was reached. The election of officers resulted in the re-election of the entire roster and two new directors to take the places of Messrs. Castor and Floren. For the coming year the officers and directors are as follows: President, J. D. Woods; vice president, J. P. Rouse; secretary, W. B. Lynch; treasurer, A. Greenamyre; state agent, O. L. Lynch; board of directors,, J. P. Rouse, George Madison, J. W. Hermance, D. C. Stratton, B. H. Davis, C. R. Wright, J. A. Barr, W. J. Hildreth and W. A. Bell. The newly elected directors are Messrs. Wright of Nance county and Representative Madison of Dixon county. The treasurer's report for the year shows that at the beginning of 1895 the net assets of the company were $9,835, while they are today $18,305. There was in force January 1, 1895, Insurance amounting to $4,974,000, while there is in force today $12,196,000, or a gain of $7,000,000 odd for the year. The assets are net, as the company has not a dollar of liability. The Gruetter & Joers company, operating a house furnishing store, has assigned. Chattel mortgages were given to William Frohn for $1,909.25, First National bank for $10,164.45, and the Trolicht, Duncker & Renaud Carpet company of St. Louis for $1,282.11. The firm was incorporated in 1892 with a capital of $50,000. In the Capital National bank failure the firm lost heavily and has been doing a losing business since. It is said the assets will pay out fully if properly handled. Articles of incorporation were today filed with the secretary of state for the Watson Ranch, Live Stock and Dairy company, with principal place of business at Kearney. The capital stock is $50,000, and the incorporators desire to engage in the buying and selling of stock, loaning of money, building of water works and canals and printing newspapers. TO DEVELOP SOUTH AMERICA. A company is being organized by Harry Hotchkiss, late secretary of the Lincoln Commercial club, and others to conduct speculative enterprises in the United States of Colombia, South America. Three or four well known Lincoln men expect to go down as agents of the new company. Their destination will be the city of Quidbo, on the Cuca river. Stories of fabulous wealth have been reported by returned explorers of that new locality. Rich gold mines are said to be there wholly undeveloped. The committee which has been soliciting funds for the $5,000 guarantee for the Grand Army of the Republic reunion has reported that it lacks but a few dollars of making up the entire amount. Lincoln citizens have contributed liberaly to this fund, and the prospect for securing the location of the reunion in this city is considered bright. This morning State Superintendent Corbett returned from a field trip to Oxford, Hardy, Superior and other towns. He says that hereafter his biennial report will


Article from The Indianapolis Journal, October 2, 1896

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THE BANK DIDN'T ROB BRYAN. He Owed $1,000 When It Burst and Had $73.03 on Deposit. Lincoln (Neb.) Special in New York Sun. The closing paragraph of the speech delivered by Mr. Bryan in New London, Conn., yesterday was interesting to certain persons in this city who are famillar with the business affairs of the Popocratic candidate for President. Mr. Bryan said: "I know a little about the banking business. I will know more as soon as I get my dividend on the amount I had deposited when the bank failed. We had a cashier of that bank who was afraid of silver, and wanted honest money, and was afraid that the people would get 50-cent dollars. They would have been glad to be paid in 50-cent dollars." The vision of a bank account running into the thousands may have danced before Mr. Bryan's friends and sympathetic admirers in the Popocratic camp may have wept over the heavy loss sustained by the man who is so abusive of the banks. But any sympathy that went out to Mr. Bryan on account of his alleged loss might as well have been withheld. In this case the bank did not "do" its patron. There are officials of the defunct bank who are ready to say that just the reverse is true. Mr. Bryan had in mind the German National Bank when he spoke of the lost deposit. This bank failed in December. 1895. Mr. Bryan was a depositor. and there was money to his account when the institution closed its doors. Mr. Bryan's balance, as shown by the books now in the hands of Receiver Kent K. Hayden, was exactly $73.03. Mr. Bryan did business at both ends of the German National Bank. He was a borrower as well as a depositor, and the books show that the amount he had borrowed always exceeded by at least 50 per cent. the amount he had on deposit. Among the present alleged assets of the bank is a note for $1,000 bearing Mr. Bryan's signature, It has been in the bank for years. In addition to Mr. Bryan's name. it contains the indorsement of his partner. A. R. Talbot. Mr. Bryan's loan has been $1,000 ever since he began doing business at the bank. and Mr. C. T. Boggs, who was president of the failed bank, informed the Sun reporter to-day that Mr. Bryan's deposit never exceeded $400. Mr. Boggs said it was usually the custom for the receiver to hold the dividend in case the depositor owed the bank, and he thought it was probable Mr. Bryan never received his percentage of his deposit of $73.03 for this reason. So it appears that Mr. Bryan's story about the Lincoln bank and his deposit was true, but he told only half of the story, and omitted the more interesting half. These statements are made on the authority of the bank officials.


Article from The Sauk Centre Herald, October 8, 1896

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A SPECIMEN BRICK. MR. BRYAN'S speehes demonstrate that he is troubled mith mental strabismus. In Connecticut he made one of his usual speeches, arraigning the banks, in which he said: "I know a little about the banking business. I will know more as soon as I get my dividend on the amount I had deposited when the bank failed. We had a cashier of that bank who was afraid of silver and wanted honest money, and was afraid that the people would get 50 cent dollars. They would have been glad to be paid in 50 cent dollars." Mr. Brvan gave the country to understand, says the Philadelphia Times, by this reference to a bank that failed, that he had been a loser to a considerable amount, and further sought to connect the bank failure with the silver question, The German National Bank of Lincoln, In which Mr. Bryan kept his account, failed ten months ago. Receiver Hadyn says that the amount of Mr. Bryan's deposit at the time of the failure was $73, and the amount never exceeded $400. But Mr. Bryan was a borrower as well as a depositor, and the books show that he alway owed the bank at least twice as much as he had deposited. A telegram from Lincoln to the New York Sun gives statements of the bank officials, showing that they hold Bryan's unnaid note for $1,000. The note Mas been in the bank for years. In addition to Mr. Bryan's name the note has the indorsement of his partner, A.R. Talbot. Mr. Brvan's loan has been $1000 ever since he began doing business at the bank, and Mr. T. C. Boggs, who was president of the failed bank, informed the Sun reporter that Mr. Bryan's deposit never exceeded $400. Was Bryan trank and honest when he made his public statment indicating that the bank owed him, whereas he owed the bank $927 more than his deposit? Was it honest for Bryan to intiamate that the bank collapsed because of the failure to pay silver when Bryan knew that had nothing to do with the failure? The inability or refusal of debtors to pay what they owed tell the story. Does Bryan want to scale his debts 50 cents on the dollar?


Article from The Republican Journal, October 15, 1896

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Bryan's Bank Account. His Attempt to Deceive the Public. The astounding remarks made by Mr. Bryan since be entered upon his canvass have led to a discussion among specialists as to the soundness of his mind. Whatever the decision may be on this point it cannot be denied that if his mind is sound his moral sense of his obligations to deal honestly with the people has been sadly blunted since he made his alliance with the silver kings. In a recent speech in Connecticut he said: "I know a little about the banking business. I will know more as soon as I get my dividend on the amount I had deposited when the bank fa led. We had a cashier of that bank who was afraid of silver and wanted honest money, and was afraid that the people would get 50-cent dollars. They would have been glad to be paid in 50-cent dollars." Of course the only purpose of this reference to the failed bank was to give the impression that he had been a sufferer from one of the banks which he denounces as the oppressors of the people. As a matter of fact, as appears from investigation, the bank suffered from Mr. Bryan's business methods, instead of the Popocratic candidate being the sufferer as he would have the people believe. The German National Bank of Lincoln, in which Mr. Bryan kept his account, failed ten months ago. Receiver Hayden says that the amount of Mr. Bryan's deposit at the time of the failure was $73, and the account never exceeded $400. But Mr. Bryan was a borrower as well as a depositor, and the books show that he always owed the bank at least twice as much as he had deposited. A telegram from Lincoln to the New York Sun gives statements of the bank officials, showing that they hold Bryan's unpaid note for $1,000. The note has been in the bank for years. In addition to Mr. Bryan's name the note has the indorsement of his partner, A. R. Talbot. Mr. Bryan's loan has been $1,000 ever since he began doing business at the bank and Mr. C. T. Boggs, who was president of the failed bank, informed the Sun reporter that Mr. Bryan's deposit never exceeded $400. It therefore appears that instead of the bank owing Mr. Bryan he owes the bank $927. The road to the White House is not along the pathway of deception selected by the Popocrat candidate. He is destined to ascertain this fact in a few weeks.


Article from The Red Cloud Chief, October 23, 1896

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After the Stockholders. Kent K. Hayden, receiver for the failed German National bank at Lincoln, has brought suit against the stockholders to enforce the collection of an assessment made on them of $26,000 This bank closed last December.


Article from The Salt Lake Herald, July 13, 1898

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t BRIEFS. The village of Antelope. 60 miles south of The Dalles, Ore., was destroyed by fire yesterday. Judge Eugene R. Garber died at San Francisco from the effects of an operation for aural abscess. The eighth annual convention of the Retail Clerks' National Protective association was opened at Louisville. Statement of the condition of the treasury shows: Available cash balance, $231,842.561. Gold reserve, $172,642,085. Kent K. Hayden, receiver of the Capitol National and German National banks of Lincoln, died from an overdose of chloroform. The navy department asked for bids for tw2 floating docks, the two to cost not exceeding $250,000, as recently provided by congress. There are grave fears of a revolution in Guatemala. and the government, though not alarmed, is determined to deal promptly with the rebels. At the New York meeting the Dillingham plate, 500 sovereigns, was won by James R. Keene's four-year-old bay colt St. Cloud. The distance was one mile and three furlongs. The river steamer Regulator was wrecked on the rocks just below the Cascades in the Columbia river yesterday afternoon while attempting to enter the government locks. Major Comte Ferdinand Walsin Esterhazy, the alleged author of the Borderau in the Dreyfus case, has been arrested at Paris. Madame Pais, his mistress, has also been placed under arrest. It is asserted here that before Don Jaime, son of the Spanish pretender, joined Don Carlos at Brussels, the Russian minister of war required him to resign his commission in the Russian army. At Port Huron. Mich., more than 7,000 Orangemen, residents of Canada and the United States, celebrated the anniversary of the battle of the Boyne. Military street bridge, in the center of the city, was decorated with portraits of Queen Victoria and of President McKinley. The Duke of Norfolk announced that as an outcome of the imperial conference on postal rates, it has been decided to adopt the proposal of the Canadian representatives for a letter post at a penny per half ounce for the United Kingdom, Canada, Newfoundland, Cape Colony and Natal. Returns from the election held at St. Louis to amend the city charter, involving the expenditure of $20,000,000 for public improvements, show the proposed amendments were defeated by a ratio of about three to one. About 43,200 votes were cast, of which 33,500 were against and 9,700 for. The celebrations in Ireland in connection with the anniversary of the battle of the Boyne were marked with a renewalof the Orange conflicts. At Belfast the police and military suppressed several attempts at disorder. Many were injured. Similar disturbances took place at Donegal. Prof. Moore. the chief of the weather bureau, has sent Forecaster Dunn, who has been in charge of the bureau's work at New York for some years, a telegram accepting his resignation. Mr. Dunn resigned because he was ordered to go to the West Indies or accept the station at Cleveland, O., and in resigning questioned Chief Moore's right to send him out of the country. Manila is pronounced Mah-nee-la by