13211. Nebraska Savings Bank (Lincoln, NE)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
savings bank
Start Date
May 18, 1893
Location
Lincoln, Nebraska (40.800, -96.667)

Metadata

Model
gpt-5-mini
Short Digest
7efddae7

Response Measures

Full suspension, Books examined

Other: Directors voluntarily assigned; state banking board took charge and receiver later appointed.

Description

Contemporary dispatches (May 18, 1893) report a quiet run that grew large and required clearing-house assistance. The State Banking Board took charge on July 13, 1893 at the directors' request and the directors later assigned; by late 1894/1895 a receiver (Charles H. Morrill) is administering the bank and assets are being sold — consistent with permanent closure/receivership. OCR errors in some articles corrected (e.g., Sayings -> Savings).

Events (3)

1. May 18, 1893 Run
Cause
Local Banks
Cause Details
Run intensified amid regional banking failures and stringency (mentions failures/closures of other banks and earlier trouble after the Capitol National failed).
Measures
Clearing-house called for assistance; clearing-house responded promptly.
Newspaper Excerpt
The Nebraska Savings bank is in trouble. For several days there has been a quiet run on the institution, which to-day assumed extensive proportions. The clearing house was called on for assistance and responded promptly.
Source
newspapers
2. July 13, 1893 Suspension
Cause
Government Action
Cause Details
State Banking Board took charge of the bank at the request of the directors (bank taken into state supervision/assignment).
Newspaper Excerpt
The state banking board this evening at the request of the directors took charge of the Nebraska Savings bank.
Source
newspapers
3. December 8, 1894 Receivership
Newspaper Excerpt
Charles H. Morrill as Receiver of The Nebraska Savings Bank (sheriff's sale notice).
Source
newspapers

Newspaper Articles (22)

Article from The Helena Independent, May 19, 1893

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BLEW OUT HIS BRAINS. A Bank President So Starts n Run and Neveral Failures. BRUNSWICK, Ga., May 18.-M. Ullman. president of the Oglethorpe National bank. mmitted suicide in the toilet room of the bank this morning. Besides being president of the Ogiethorpe bank. he was president of the Brunswick Brewing and Ice company and the line of river steamers. and a large stakeholder in various enterprises. President Burthage, of the First National bank, requested Ullman to repay a loan made the day before. "All right, wait a moment." said Ullman, stepping into the toilet room. In a moment Burthage heard a report. Ullman was found sitting upright with a bullet hole in the center of his forehead, The nows spread rapidly and the depositors started a run. In a few minutes the Oglethorpe National bank closed its doors, followed almost immediately by the First National bank. A slight run commenced on the Brnnswick State bank, but it met all demands. Mayor & Ullman, wholesale grocers, closed temporarily. The Brunswick brewery and the Brunewick cotton factory will also close temporarily. The Oglethorpe bank was capitalized nt $150,000 and the First National at $200,000. The officers of both banks say the claims will be paid in full. LINCOLN, May 18.-The Nebraska Savings bank is in trouble. For several days there has been a quiet run on this institution, which to-day assumed extensive proportions. The clearing house was called on for assistance, responded promptly. The officials are confident the bank will weather the storm. It has a capital of $250,000; deposits $150,000. CHICAGO, May 18.-The Evanston National bank. of Evanston, III., closed its doors to. day at the suggestion of the bank examiner. The bank has a capital stock of $100,000, and did business with the broken Chemical National, of this city. A notice on the bank door saya the depositors will be paid in full, and it is said the bank will resume next week. LONDON, May 18.-Stocks opened steady in consequence of the better feeling abroad, and closed firm. but without decided buoyancy. While there WHE an absence of gloomy rumors, a cloud of doubt seemed to overhang the situation respecting several firms which had been temporarily assisted. Operations were very cautions, under the suspicion that the recovery in the market of might only be temporary. The Bank England rate of discount has been advanced to four per cent, the highest for some time.


Article from The Morning Call, May 19, 1893

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STILL THEY GO DOWN Western Banks Keep on Closing Their Doors. Hopes of a Better State of Affairs Are Thrown Out, but Very Vaguely. Special to THE MORNING CALL BRUNSWICK, Ga., May 18.-M. Ullman, president of the Oglethorpe National Bank, committed suicide in the coilet-room of the bank this morning. Besides being president of the Oglethorpe Bank, he was president of the Brunswick Brewing and Ice Company and a line of river steamers, and was a large stockholder in various enterprises. President Burthage of the First National Bank requested Ullman to repay a loan made the day before. "All right. Wait a moment," said Ullman, stepping into the toilet-room. A moment later Burthage heard a report and U!Iman was found sitting upright with a bullet hole in the center of his forehead. The news spread rapidly, and the depositors started a run. In a few minutes the Oglethorpe National Bank closed its doors, followed almost immediately by the First National. A slight run was commenced on the Brunswick State Bank, but it met all demands. Mayer & Ullman. wholesale grocers, closed temporarily, and the Brunswick Brewery and the Brunswick cotton factory will also close temporarily. The Oglethorpe was capitalized at $120,000 and the First National at $200,000. The officers of both banks say all claims will be paid in full. EVANSTON, May 18.-The National Bank of Evanston, III., closed its doors this morning at the suggestion of the Bank Examiner. The bank has a capital stock of $100,000, and did business with the broken Chemical National in this city, The notice on the doors says depositors will be paid in full, and it is said the bank will resume next week. LINCOLN, May 18.-The Nebraska Savings Bank is in trouble. For several days there has been a quiet run on the institution, which to-day assumed extensive proportions. The Clearing-house was called on for assistance and responded promptly. The officials are confident the bank will weather the storm. It has a capital of $250,000. The deposits are $150,000. CHICAGO, May 18.-Six hundred thousand bushels of corn were reported sold out in the Board of Trade to-day for account of N. W. Warren & Co. The firm claims to be selvent, but its accounts are tied up by the Columbia Bank failure. MINNEAPOLIS, Minn., May 18.-The run on the Farmers' and Merchants' Bank, which began Saturday afternoon and which reached a climax yesterday, completely exhausted itself to-day.


Article from The Daily Morning Astorian, May 19, 1893

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SAVINGS BANK IN TROUBLE. Lincoln, Neb., May 18.-The Nebraska Savings bank is in trouble. For several days there has been quite a run on the institution, which today assumed extensive proportions. The clearing house was called on for assistance and responded promptly. The officials are confident that the bank will weather the storm. It has a capital of a quarter of a million, and a deposit of $150,000.


Article from The Times, May 19, 1893

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PREFERRED DEATH TO POVERTY. Bank President Ullman Suicides-Several Suspensions Result. BRUNSWICK, GA., May 18.-M. UIIman, president of the Oglethorpe National Bank, committed suicide in the toiletroom of the bank this morning. Up to this time he was considered one of the wealthiest men in this section. Besides being president of the Oglethrope Bank he was president of the Brunswick Brewing and Ice Company, and a line of river steamers, and was a larger stockholder in various enterprises. President /Burbage, of the First National Bank, called at the Oglethorpe Bank shortly after opening and requested Ullman to repay a loan made the day before. "All right, wait a moment," said Ullman, stepping into the toilet-room. A moment later Burbage heard a report. Ullman was found sitting upright with a bullet hole in the centre of his forehead. In his pockets were found an ounce bottle of laudanum, and an unsigned bond drawn to protect a large depositor who had demanded his money the day before. The supposition is that Ullman had been crazed by financial troubles, and that his inability to protect his friends drove him to suicide. The news spread rapidly, and depositors started a run. In a few minutes the Oglethorpe National closed its doors, followed almost immediately by the First National. A slight run commenced on the Brunswick State Bank, but it met all demands. Mayor & Ullman, wholesale grocers, have closed temporarily. The firm is composed of Sam Mayer and M. Ullman. The Brunswick Brewery and the Brunswick Cotton Factory will also close temporarily. Rumors affecting the two banks had been in circulation for several days. These became public after the tragedy, causing the runs. The Oglethorpe was capitalized at $150,000, and the First National Bank at $200,000. The officers of both banks say that claims will be paid in full. Bank examiners have been wired for, and pending their arrival nothing definite will be known. Business will not suffer to any great extent. WASHINGTON, D. C., May 18.-Comptroller Eckels this afternoon ordered Bank Examiner John Carskedan, of West Virginia, to Brunswick to take charge of the First National Bank and the Oglethorpe National Bank of Brunswick, both of which closed their doors this morning. The First National Bank had capital of $200,000 and the Oglethorpe Bank of $150,000. The resources of the banks on May 4th, as reported, were for the former $492,000, and for the latter $682,000. Illinois Bank Failure, EVANSTON, ILL., May 18.-The Evanston National Bank, of this city, closed its doors this morning, at the suggestion of National Bank Examiner George B. Caldwell. The bank formerly did business with the Chemical National Bank, of Chicago, but after the failure of that institution transferred its accounts to the Metropolitan National Bank, of Chicago. Nebraska Bank In Trouble. LINCOLN, NEB., May 18.-The Nebraska Savings Bank is in trouble: For several days there has been a quiet run on the institution, which to-day assumed extensive proportions. The clearing house, was called on for assistance and responded promptly, and the bank is confident it will weather the storm. The bank has a capital of $250,000 and the deposits amount to $150,000.


Article from The Seattle Post-Intelligencer, May 19, 1893

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BUSINESS TROUBLES. A Sloux City Merchant's Loss is the Big Fallure-Duspensions of Banks SIOUX CITY, May 18.-In the district court today Judge Gaynor decided against W. H. Silberhorn's petition to recover the notes put up for stock in the San Francisco Union Stock Yards Company. The court's ruling practically established Silberborn's liabilities on all the notes issued, $245,000, which he endorsed together with s S. Garretson. and which are now figured in the assets of the Union Loan and Trust Company. SAN JOSE, May 18.-The directors ot the coliapsed Bank of Santa Clara county met this morning and J. P. Pierce tendered his resignation as president. It was accepted and F. C. Franck was elected to the position. It was decided to issue a call for 10 per cent. of the capital stock, payable June 3. This will give the directors $30,000, which is ample funds to meet all claims against the bank. It was also the expressed desire that the bank make an effort to pay all depositors in thirty days, or as soon thereafter as possible. The directors decided that the bank should resame business at an early day and several well known men were mentioned as suitable persons to manage the affairs of the new institution, but no conclusion in this respect was reached. The position of cashier was tendered to Hamilton W. Stephens, but he declined to accept it. T. J. Brandon was chosen temporary cashier. and an effort will be made to retain him in that position. The business men of Santa Clara are jubilantover the news that the bank will resume business. CHICAGO, May 18.-The Evanston National bank, of Evanston, III., closed its doors this morning at the suggestion of the bank examiner. The bank has a capital stock of $100,000. It did business with the broken Chemical National bank, of this city. A notice on the bank door says that depositors will be paid in full and it is said that the bank will resume next week. LINCOLN. May 18.-The Nebraska Savings bank is in trouble. For several days there had been a quiet run on the institution, which today assumed extensive proportions. The clearing house was called on for assistance and responded promptly. The officials are confident that the bank will weather the storm. It has a capital of $250,000 and deposits amounting to $150,000. BRUNSWICK, Ga. May 18.-The First National bank and the Oglethorpe National bank closed their doors this morning and M. Ulmann, president of the latter, has committed suicide. The failures were expected. CHICAGO, May 18.-It is reported that 600,000 busheis of corn was sold out on the Board of Trade today for the account of N. W. Warren & Co. The firm claims to be solvent, but its accounts are tied up by the Columbia National bank failure.


Article from The Morning News, May 19, 1893

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A Run on a Nebraska Bank. Lincoln, Neb., May - -The Nebraska Savings Bank is in trouble. For several days there has been a quiet run on the institution. which to-day assumed extensive proportions. The clearing house was called on for assistance and responded promptly and the bank is confident it will weather the storm. The bank has a capital of $250,000 and the deposits amount to $150,000.


Article from The Salt Lake Herald, May 19, 1893

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Savings Bank in Trouble. LINCOLN, May 18.-The Nebraska Sayings bank is in trouble. For several days there has been a quiet run on the institution, which today assumed extensive proportions. The clearing house was called on for assistance and responded promptly. Officials are confident the bank will weather the storm. It has a capital of $250,000; deposits, $150,000.


Article from St. Paul Daily Globe, May 19, 1893

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FINANCIAL SISUATION. Stockholders of a Texas Bank Allege a Conspiracy to Wreck. FORT WORTH, Tex., May 18.-Stockholders of the Merchants' National Bank of Fort Worth ask for a receiver for the bankand an injunction to prevent the officers from longer acting. The petition alleges bribery and conto wreck the bank. Specific inof alleged misuse of bank and of taking stances of spiracy the the bribes assets by officiais of the bank are set forth in the petition. PHILADELPHIA, May 18.-Execution a judgment for $39,230 was issued yesterday upon against Edwin J. and Charles E. as Edwin J. Howlet A & bag Son, Howlet. paper trading manufacturers. be statement of the firm cannot obtained. PITTSBURG, May 18.-The Godfrey & Clark Paper company, whose financial embarrassment occurred several days will be placed in the hands of an ago, assignee and the business operated firm for the of the creditors. The that will be able to states benefit they ultimately for dollar their indebtedness dollar in a short time the and pay and hold expect of property operate again against it. to take The of judgments entered is Each the amount firm $190,000. his member real and of the firm has placed all of personal property at the disposition of the creditors. The property will aggregate half a million. NEW YORK, May 18.-There was considerable talk late this afternoon of exports of gold by Saturday's European steamer. Estimates placed the shipment on the day named as high as $3,000,000. Lazard Freres, it was said, $1,500,000, and Heidelbach, & Co., $500,000. Ickelheimer will ship At The the other subshippers were not named. treasury it was said that $60,000 gold had been received, but that no specie had been ordered as yet for shipment Saturday. LINCOLN, Neb., May 18.-A small rnn begun on the Nebraska Savings was bank I last Tuesday, which continued and in a scramble for a institution was resulted today, notwithstanding the perfectly assurances few hours solpayment of vent. that the Prompt all the demands depositquieted the nervousness of ors and the excitement was over almost as soon as it begun. Ga., May 18.-Dispatches Ga., state from SAVANNAH, Brunswick, Oglethorpe that the National bank and the of that city, and that doors First National this bank, morning, closed M. Ulman, their of the latter, banks have president cide. These committed been and looked their suiupon as shaky for some time, failure created no surprise in this city. NEW YORK, May 18.-In the United States circuit court Judge Lacoube has granted a decree of $1,671,519 in favor New of the Central Trust Company of York against the City Railway ImproveThe suit was brought foreclosure of a for ment the company. mortgage trust com- of $1,467,000 held by the pany since Feb. 1, 1889, and on which no intorest has ever been paid. The Railway Improvement comwas under pany City organized 1891, the laws with of a prior to Feb. 1, of $1,500,000, increased to subsequently paid-up capital New Jersey which $3,503,500. business was The are chiefly and the purpose of men, incorporators street the railways. company was the construction of WASHINGTON. May 18.-Comptroller Eckels this afternoon ordered Bank Examiner John T. Carskedan, of West take Virginia, to Brunswick, Ga., to charge of the First National bank and the Oglethorp National Bank of Brunswick, both of which closed their doors this morning. EVANSTON, III., May 18.-The Evanston National bank of this city closed its doors this morning at the suggestion B. of National Bank Examiner George Caldwell. The bank formerly did business with the Chemical National bank, of Chicago, but after the failure of that acinstitution it transferred its counts to the Metropolitan National bank, of Chicago. The reasons given for the suspension are heavy withdrawals and the stringency of the money market. All the men connected with the bank declare that depositors will be paid in full, and that the bank will reopen in three days. The is capital stock of the institution $100,000. The bank had $154,7 773 of less deposits subject to check, and a little than $50,000 in cash with which to meet a run. The surplus fund was $245.87.


Article from Santa Fe Daily New Mexican, May 20, 1893

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More Banks Go Down. LINCOLN, Neb., May 0.-The Nebraska Savings bank is in trouble. For several days there has been quite a run on the institution but the worst is now thought to be over and it will weather the storm. Savannah. - Dispatches from Brunswick, Ga., state that the First National bank and Oglethorp National bank of that city, closed their doors yesterday, and that M. Ulman, president of the last named bank, committed suicide. These banks have been looked upon as shaky for some time. Chicago.-The Evanston National bank, of Evanston, Ill., has closed its doors at the suggestion of National Bank Examiner Geo. B. Caldwell who, after a days work on the books of the bank, met the directors in the bank and suggested this course. The capital stock of the bank is $100,000. It is said depositors will be paid in full.


Article from The Indianapolis Journal, July 14, 1893

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BANKERS MORE HOPEFUL The Money Stringency at New York Passing Away-Chieago Banks Criticiand. NEW YORK, July 13.-The hopeful feeling among the bankers of this city was even more pronounced to-day than yesterday. Frederick D. Tappen, president of the Gallatin National Bank. said that one of the most necessary things was the resumption of the normal relations between the subtreasury and the clearing house. No clearing-house loan certificates were issued today and none were retired. but it is known that if the same easy condition prevails next week some large blocks of the certificates will then be retired. Mr. Tappen said this afternoon that there would not be trouble in the money market. Money. he said, would probably be easy right along, and within a week or ten days there would be & superabundance of currency here. particularly in notes of small donominations. Some of the banks would probably be asking that their clearinghouse balances might be paid in loan cere tilicates rather than currency. It was possible there might be a few more loan certificates issued. a hundred thousand dollars or 80 to some small bank. perhaps. but if the present conditions continue the certificates will be steadily retired, and by the end of three months, possibly, all will be canceled. Some amusement was caused by the al. leged utterance of some Chicago bank officers, as reported in the morning papers, reflecting on the New York:banks. Aprom. inent bank president of this city expressed the opinion of a great many bank presidents on the subject when he said: "That is merely some wind off Lake Michigan. It would be much more to the purpose if the Chicago banks paid off their debts to the New York banks and talked afterwards. There are very few banks in Chicago that did not borrow every dollarthey could from the banks in New York city during the recent ,stringency, and they could not have continued business if we had not supplied them with currency on these loans." Another Western utterance that caused some amosement among the bank officers here was the reference, in the Denver rean. lutions, to New York banks. 1 am surprised at those statements," said a a a tional bank president. because we aveextended every possible accommodation to Colorado banks, and especially to the banks of Denver. end. therefore, I can hardly believe that the best people of that city indorse the sentiments contained in those resolutions." The steamship City of Alexandria arrived from Havana, last evening. with $500,000 gold. consigned to the Western No. tional Bank of this city. Business Troubles. NEW YORK. July 13.-Riehard M. Olcot, carrying on business under the name of Gieot & Co., exporters. at No. 56 New street, to-day assigned to John 8. Darant. Mr. Olcott's embarrasement is attributed to the present financial stringency and the effect of the heavy losses in Argentine some time ago. His liabilities are not definitely known, but are reported to be from $100,000 to $150,000. LINCOLY Neb.. July 13.-The Nebraska Savings Bank, of this city, was taken charge of by the State Banking Board tonight. It has deposits of about $110,000. It was embarrassed some months ago by the failure of the Capitol National Bank, but secured an extension from its creditors. Failing to realize on securities. the directors voluntarily assigned. CHICAGO, July 13.-A receiver was &Dpointed for the real-estate firm of W. A. Merigold & Co., to-day. The firm did a very large business, and its collapse was unexpected. W. A. Merigold, who is the entire firm, 18 now in Europe. The receiver was appointed on the application of & creditor. No schedule of assets or liabilities has been made. Stoux CITY, Ia., July 18.-Baker & Biesell. wholesale hardware dealers, to-day made an assignment. Liabilities, $95,000 assets, $185,000.


Article from Grand Rapids Herald, July 14, 1893

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CLOSED THE BANK. A Nebraska Institution Shut by the State Banking Board. LINCOLN, Neb., July 13.-The state tanking board this evening at the request of the directors took charge of the Nebraska Savings back. an institution which has had a précarious existence for some months. Ever since the Capifal National failed last January there has been a constant withdrawal of deposita from the savings bank, amount ing in all to 8100,000. A run was made on the bank some days ago, but the Clearing House association stood by it and prevented its failure. Present desosite amount to about 860,000. It is thought the assets are sufficient to meet all claims. No attempt will be made to resume under the present management.


Article from Alexandria Gazette, July 14, 1893

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TELEGRAPHIC BREVITIES. Advices have been received of revo lutionary uprising in the capital of San Salvador. Jules Aldige, one of the wealthiest citizens of New Orleans, and largely in ientified with cotton seed oils, d'ed Paris to-day. Patrick Egan, ex-United States Minister to Chili, sailed for home last evening. He was escorted to the steamer by a detachment of police. U.S. Senator Irby, of South Carolina, is out in a reply to the General charges made against him by Adjutant false. Farley, which he denounces as The health officer of Northampton county, N. C., reports the existence there of a disease resembling cholera. Persons attacked die in six or seven hours. A four-year-old child of John W. Ferrier, of New York, fell 210 feet down the whirlpool elevator shaft at Niagara Falls this morning and was crushed in a horrible manner. Mrs. Mayer, wife of Dr. Henry C. Mayer, both of whom have been arrested in Detroit for wholesale poisoning, birth to a son last night. The gave doctor showed no feeling when informed that he was a father. At Guthrie, O.T., last night a young cowboy named Burdess, who was under the influence of liquor, became mixed up in a fight with three negroes reand was pounded to death. It only quires a leader to make a triple lynching. The largest dispensary in South Carolina, the one at Greenville, was yesterday closed under a temporary injunction granted by Judge Norton, principally because of alleged unconstitutionality of the law. The case is to be heard Monday. Among the failures to-day were the Nebraska Savings Bank of Lincoln; the R. B. Beaumont Co., manufacturers and of jellies, of Rutherford, N. J., New York city; Baker & Bissell, hard- the ware dealers, Sioux City, Ia., and Buckeye Cycle Co., Cincinnati. Wm. Cook, a railroad section foreman at Pemberville, Ohio, while in drunken condition yesterday, made murderous assault upon his four children with a mattock handle. The crazy father picked one of the children up inand dashed him against the wall flieting injuries that will prove fatal. die. Two or more of the children will Lynch law is strongly talked of. The Louisville Southern bondholders at a meeting yesterday decided to abandon their attempt to procure better Morterms for the road in the Drexel, gan & Co. re-organization of the Richmond Terminal system. They voted to accept the offer of the re-organiza- their tion committee and surrender of first mortgage bonds for 70 per cent. bonds new second or third mortgage and 30 per cent. preferred stock. Prof. John B. Stephenson, for five superinteudent of the public years schools of Brooklyn, Mich., and one of the foremost citizens of Jackson county, has eloped with Miss Ida Culver, pretty young woman of 22 years of Before age. The professor is 55 years old. going away he turned all his real estate inover to his wife, at the same time forming her that she would never see him again. He has a family of grown children. The pair have been traced to Chicago. Sturges T. Dick, cashier, and son of J. of founder of the banking house the R. Dick & Co., committed suicide in his bed room, in Meadeville, Pa., at 6:30 in o'clock this morning. His wife was shot. adjoining room and heard the an Her husband was dead before she could reach him. Mr. Dick was fifty of age. There has been a slight few years run on the bank during the past days. It is thought that this trouble, his together with the condition of health, was the cause of the self murder. Amelia Berg, the German girl who puts trained tigers through their performances at a menagerie on Midway Plaisance at the Chicago fair, was badly hurt last night by a new tiger. She rastrying to make the brute sit on a stool, and when he refused she tried drag him by the forepaws. He was The too heavy and the girl slipped and fell. and tiger leaped upon her with a flash him before the attendants could drive he had lacerated the girl's right Berg thigh away in a fearful manner. Miss alcarried away unconscious and be though was not fatally injured will not two able to walk for six weeks or months. of crickets has invaded vegetation. Wyoming An is army stripping the country of all and crickets never smin of country about


Article from Warren Sheaf, July 20, 1893

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been masquerading as Frank Blunt. Her arrest at Milwaukee revealed her identity. GEORGE SHIRLEY, engineer, and Brakeman Brookbank were mortally wounded in a freight wreck at Henryville, Ind. TILLIE WILLIAMS. Otto Reineck and Annie Watson, a noted Chicago gang 01 thieves, were sentenced at Denver to ten years each in the penitentiary. WILLIAM SHANNON and Thomas Craig, two well-known explorers, were drowned by the capsizing of their boat in Rainy lake, Minnesota. THE Indianapolis servant of the Koes ters, Anna Wagner, has been indicted for poisoning five of the family. AT the age of 110 years James McCormick died at Darwin, Ill. THE sudden death of Gen. W. H. Enochs, congressman from the Tenth district of Ohio, occurred at his home in Ironton. THE doors of the Nebraska savings bank at Lincoln were closed with liabilities of $100,000. J. K. ARMSTRONG, of Tipton, O., county treasurer, was said to be short $25,0000 in his accounts. FLAMES nearly wiped out the business section of Luckey, O., the loss being $100,000. IN session at Nashville, Tenn., the National Retail Clerks' union decided to make Chicago their permanent headquarters and elected F. P. Fitzwilliams of Nashville. as president. IN Detroit H. C. Meyer was arrested, charged with poisoning no less than five young women-each of whom he represented as his wife-and one man, for the purpose of securing life insurance which he had taken out on their lives. IN Chicago six deaths from sunstroke and a large number of serious cases of prostration were reported on the 14th. AT Tacoma, Wash., the United States grand jury indicted President Van Horne, of the Canadian Pacific railroad, and all the other leading officials for violating the interstate commerce law. ,IN a railway wreck at Vincennes, Ind., five Knights of Pythias were injured. one of them fatally. JOHN H. CHAPMAN, of Chicago, was reelected president at the annual meeting in Indianapolis of the Baptist Young People's Union of America. N. M. TABOR and W. H. Bush, lessees of the Brown Palace hotel in Denver, made an assignment with liabilities placed at $650,000. THE local directory of the World's Columbian exposition by a vote of 24 to 4 passed resolutions rescinding the action of the meeting of May 16 and ordered the gates closed on all Sundays after the 16th By a cyclone which passed over Stillwater, Minn., and vicinity two persons were killed, over a dozen injured and much property destroyed. DURING a battle with French gunboats on the Meinam river twenty Siamese were killed and fourteen wounded. HAY & WEBB'S bank at Carmi, III., made a general assignment with liabilities of $176,000 and assets of $216,000. THE world's fair auditor in his report shows that the total receipts of the exposition up to June 30 were $21,251,316 and total expenses were $20,610,160. MARY SCHIREBER, aged 5, and Annie Geary, aged 18, were burned to death at their home in Port Clinton, O., by an explosion of gasoline. YOUNG-MAN-AFRAID-OF-His-HORSES the head chief of the Sioux nation of Indians, dropped dead at Newcastle, Wyo. THE Schleisinger syndicate at Ishpeming, Mich., the largest operators in ore in the world, weresaid to have failed with millions of liabilities. IN Wyoming an army of crickets was devastating every sort of vegetation. THE doors of the national bank of Kansas City, Mo., were closed with liabilitics of $1,000,000 and assets of $3,000,000. The failure caused the Franklin savings bank of the saine city to suspend. FOREIGN INTELLIGENCE. IN Mecca hundreds were dying daily


Article from The Worthington Advance, July 20, 1893

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freight wreck at Henry. ville, Ind TILLIE WILLIAMS Otto Reineek and Annie Watson, a noted Chicago gang or thiev?s, were sentenced at Denver to ten years each in the penitentiary. WILLIAM SHANNON and Thomas Craig, two well-known explorers, were drowned by the capaising of their boat in Rainy lake, Minnesota THE Indianapolis servant of the Koes ters, Anna Wagner, has been indicted for poisoning five of the family. AT the age of 110 years James McCormick died at Darwin, III. THE sudden death of Gen. W. H. Enochs, congressman from the Tenth district of Ohio, occurred at his home in Ironton. THE doors of the Nebraska savings bank at Lincoln were closed with liabilities of $100,000. J. K. ARMSTRONG, of Tipton, O., county treasurer, was said to be short $25,0000 in his accounts. FLAMES nearly wiped out the business section of Luckey, O., the loss being $100,000. IN session at Nashville, Tenn., the National Retail Clerks' union decided to make Chicago their permanent headquarters and elected F. P. Fitzwilliams of Nashville, as president. IN Detroit H. C. Meyer was ar. rested, charged with poisoning no less than five young women-each of whom he represented as his wife-and one man, for the purpose of securing life insurance which he had taken out on their lives, IN Chicago six deaths from sunstroke and a large number of serious cases of prostration were reported on the 14th. AT Tacoma, Wash., the United States grand jury indicted President Van Horne, of the Capadian Pacific railroad, and all the other leading officials for violating the interstate commerce law. IN a railway wreck at Vincennes, Ind., five Knights of Pythias were injured. one of them fatally. JOHN H. CHAPMAN, of Chicago, was reelected president at the annual meeting in Indianapolis of the Baptist Young People's Union of America. N. M. TABOR and W. H. Bush, lessees of the Brown Palace hotel in Denver, made an assignment with liabilities placed at $650,000. THE local directory of the World's Columbian exposition by a vote of 24 to 4 passed resolutions rescinding the action of the meeting of May 16 and ordered the gates closed on all Sundays after the 16th. By a eyclone which passed over Stillwater, Minn., and vicinity two persons were killed, over a dozen injured and much property destroyed. DURING a battle with French gunboats on the Meinam river twenty Siamese were killed and fourteen wounded. HAY & WEBB'S bank at Carmi, III., made a general assignment with liabilities of $176,000 and assets of $216,000. THE world's fair auditor in his report shows that the total receipts of the exposition up to June 30 were $21,251,316 and total expenses were $20,610,160. MARY SCHIREBER, aged 5, and Annie Geary, aged 18, were burned to death at their home in Port Clinton, O., by an explosion of gasoline, the head chief of the Sioux nation of Indians, dropped dead at Newcastle, Wyo. THE Schleisinger syndicate at Ishpeming, Mich., the largest operators in orein the world, weresaid to have failed with millions of liabilities. IN Wyoming an army of crickets was devastating every sort of vegetation. THE doors of the national bank of Kansas City, Mo., were closed with liabilities of $1,000,000 and assets of $3,000,000. The failure caused the Franklin savings bank of the same city to suspend.


Article from People's Voice, July 21, 1893

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Nebraska Savings Bank Suspends. OMAHA, Neb., July 15.-The Bee's special from Lincoln saysthe Nebraska Savings bank of that city was taken charge of by the state banking dboar. It has deposits of about $100,000. was embarrassed some months ago by the failure of the Capitol national bank, but secured an extension from its creditors. Failing to realize on securities the directors voluntarily assigned.


Article from Omaha Daily Bee, October 1, 1893

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banner year. The other houses are not so enthusiastic in their utterances, but all agree that the grocery trade has not been seriously affected by the general depression. Collections have been a little off for the week, though they average well for the month. "I was very much surprised to learn from the credit man of one of the great packing houses in this city, which does a business of $16,000,000 in a single year, that their losses from bad bills up to the present year have been less than one-twentieth of 1 per cent. Tne present year may not show up so well, but the percentage of loss is so small as hardly to be worth considering. It IS perhaps proper to say that this house is a large patron of the agencies devoted to the work of reporting on credits of all classes of dealers. "Dry goods houses all report good trade. Hardware men are well satisfied. Clothing houses report an improvement and shoe men call trade fair. In other lines the situation is not at all bad, though they are not boasting of any increase of sales. "In retail circles the feeling is better, but trade is really not very much improved, except in the retail clothing stores and among dealers in necessities. "Banks report deposits slowly increasing and the demand for money from their customers not extraordinary. While not proclaiming it from the house tops, they are not refusing good loans. The important event in banking circles for the week was the reopening of the McCague Savings bank on Thursday. As this is the first, savings bank in the state to reopen after a suspension and its showing of resources being very gratifying, the management is recelving the very warm congratulations to which it is entitled. It was a herculean task and its success deserves special comment. "The state banking board has done a good thing for the state by calling down the Washington authorities for making misleading statements in regard to the number and extent of the fatalities among the state banks during the present year. The Washington statement is intended to give the impression that thirty-five state banks have practically failed in Nobraska since January 1, whereas, as a matter of fact, not more than six, and in all probability not more than four, can properly be classed as failures. The mistake of the authorities is in classing all suspensions as failures, whereas several have been trans. ferred, others went into voluntary liquidation and still others have been consolidated. The only state banks now in the hands of receivers in the state are the State bank at Cortland, the Farmers & Merchants bank at Elk Creek, State bank at Franklin, Nebraska Savings bank of Lincoln, American Savings bank of Omaha, Holt County bank, State bank of Plainview, Farmers State bank of Schubert, Dickinson's bank of Wahoo and Farmers and Merchants bank of Bassett. Of these it is believed all but six, and possibly all but four, will pay out in full, if not resume. Of the six national banks which suspended only two can be classed as failures and three have already resumed. The other will probably get on its feet within a month.


Article from The Courier, December 8, 1894

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SHERIFF'S SALE. First Publication December 8. Notice is hereby given that by virtue of an order of sale issued by the clerk of the district court of the third judicial district of Nebraska, within and for Lancaster County, in an action wherein Charles H. Morrill as Receiver of The Nebraska Savings Bank is plaintiff, and Charles T. Brown et al are defendants. I will at two o'clock P. M., on the 8th day of January A. D. 1895, at the east door of the court house, in the City of Lincoln, Lancaster County, Nebraska, offer for sale at public auction the following described real estate to-wit; Lots numbered one (1) and two (2) in C.J. Hull's subdivision of lots seven (7) eight [8] nine [9] ten [10] eleven [11[ and twelve [12] in block number one hundred and eighty six [186] in the city of Lincoin and lot number six [6] in block number four [4] in Pleasant Hill subdivision of lots numbered three [3] four [4] five [5] and six [6] in the Northeast quarter of section numbered thirty-six [36] in township numbered ten [10] north in range number six [6] east of the 6th P. M., all in Lancaster county, Nebreska. Given under my hand this 6th day of December A. D. 1894. FRED A. MILLER, Sheriff.


Article from The Courier, February 23, 1895

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ABBOTT SELLECK & LANE. Attorneys at Law, BURR BLOCK. First Publication Feb. 9. SHERIFF SALE. Notice is hereby given that by virtue of an order of sale issued by the clerk of the District Court of the Third Judicial District of Nebraska, within and for Lancaster County, in an action wherein Charles H. Morrill, Receiver of the Nebraska Savings Bank is plaintiff, and Mattie F. Guiwits et al are defendants, I will, at 2 o'clock p. m., on the 12th day of March A. D. 1895, at the east door of the court house, in the city of Lincoln, Lancaster county, Nebraska, offer for sale at public auction the following dedescribed real estate to wit: Forty (40) feet off the west side of lot eleven (11) in block eighteen (18) in Pecks Grove Addition to the City of Lincoln, according to the recorded plat thereof, in Lancaster County, Nebraska. Given under my hand this 8th day of February A. D. 1895. FRED A. MILLER, Sheriff.


Article from Omaha Daily Bee, March 30, 1895

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# GADD'S SENTENCE IS LIGHT Given One Year for Swindling the Broken Bow Land Office. # MERCY SHOWN IN ANOTHER CASE Postmaster Orensdorf of Spring Ranch Will Go to Sloux Falls for Twelve Months as a Penalty for Stealing One Thousand Dollars. LINCOLN, March 29.-(Special Telegram.) -Judge Dundy sentenced Nathan T. Gadd to one year and four months in the Sioux Falls penitentiary. Gadd, however, took the matter stoically and was not apparently very deeply affected. Mrs. Gadd and her little daughter left the court room before sentence was pronounced on the Broken Bow embezzler. Judge Dundy made the term of imprisonment a year lighter than he had intended; and Gadd can cut this down three months by good conduct. Postmaster Orensdorf of Spring Ranch was also sentenced by Judge Dundy to one year and a day in the Sioux Falls penitentiary. Orensdorf embezzled $1,014.81 of department funds. Attorney J. L. Epperson spoke for clemency in the prisoner's behalf, pleading for mercy on the ground that he had made full restitution. When Judge Dundy reminded him that he could shorten his term three months by good behavior Orensdorf broke down and wept like a child. Both Gadd and Orensdorf were fined $2,018.87 and $1.014.81 respectively in addition to the penitentiary sentence. # CHARGED WITH MURDER. In the district court today information was filed against Charles M. Krossen and Patrick H. Suddith, charging murder in the second degree and accessory before the fact. Krossen was city marshal at Waverly last fall and attempted to quell a row in which William Holt and others figured. In the discharge of his duties Krossen shot and killed Holt. At the September term of court the transcript was filed. On complaint of George B. Scott a warrant is out for H. F. Atherton. He jumped a board bill. Atherton is a convict out on parole, and has been running a book business at Tenth and O streets. There are against him a number of other complaints charging swindling. As Atherton has been conducting his book business on the square, and his arrest on the board bill charge being a civil contract, his arrest can do the complainant no good, as the penitentiary would have the first hold on him on account of the parole. The receiver of the Nebraska Savings bank, C. H. Morrill, has sold at public auction the assets of the bank. Apparently little value was placed on them. Total bids for the notes and real estate were $1,954.25. Allen W. Field bought the entire assets for $3,300, a shrinkage of over $100,000 from the face value, or $100,000 below what the bank had invested in these securities. California peaches and nectarines sold for


Article from The Courier, April 27, 1895

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SHERIFF SALE. Notice is hereby given that by virtue of an order of sale issued by the clerk of the district court of the Third judicial district of Nebraska, within and for Lancaster county, in an action wherein Charles H, Morrill, receiver of the Nebraska savings bank is plaintiff, and Lewis E. Hicks et aredefendants, 1 will, at 2 o'clock p. m., on the 7th day of May, A. D. 1895, at the east door of the court house in the city of Lincoln, Lancaster county, Nebraska, offer for sale at public auction the following describe I real estate, to-wit: Lots number one [1] two [2] three [3] four [4] five [5] six [6] seven [7] eight] 8] nine [9] ten [10] eleven [11] twelve [12] thirteen [13] fourteen [1] nineteen [19] twenty (20] twenty five [25] twenty six [26] twenty twenty nine seven [29] thirty [27] twenty [30] thirty eight [28] one [31] thirty two [32] thirty three [33] thirty four [34] thirty five [35] and thirty six [36] in section or block lettered o of Grand View residence park in Lanoaster county Nebraska. Given under my hand this 4th day of April, A. D. 1894. FRED A. MILLER, Sherif 5t


Article from The Courier, May 4, 1895

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SHERIFF SALE. First Pubiication April 6. Notice is hereby given that by virtue of an order of sale issued by the clerk of the district court of the Third judicial district of Nebraska, within and for Lancaster county, in an action wherein Charles H, Morrill, receiver of the Nebraska savings bank is plaintiff, and Lewis E. Hicks et al are defendants, I will, at 2 o'clock p. m., on the 7th day of May, A. D. 1895, at the east door of the court house in the city of Lincoln, Lancaster county, Nebraska, offer for sale at public auction the following described real estate, to-wit: Lots number one [1] two [2] three [3] four [4] five [5] six [6] seven [7] eight] 8] nine [9] ten [10] eleven [11] twelve [12] thirteen [13] fourteen [14] nineteen [19] twenty (20] twenty five [25] twenty six [26] twenty seven [27] twenty eight [28] twenty nine [29] thirty [30] thirty one [31] thirty two [32] thirty three [33] thirty four [34] thirty five [35] and thirty six [36] in section or block lettered o of Grand View residence park in Lanoaster county Nebraska. Given under my hand this 4th day of April, A. D. 1894. FRED A. MILLER, Sheriff. May 4


Article from The Courier, May 23, 1896

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# TROUSER SALE Monday, May 25th we begin a grand trousers sale in our tailoring department. Over 250 different patterns in worsteds, and scotches, from which to select at a discount of about one third. Paine, Warfel & Bumstead Everything is absolutely pure and clean at Frank M. Rector's, 1211 O St. # SHERIFF SALE. Notice is hereby given that by virtue of an order of sale issued by the clerk of the district court of the Third judicial district of Nebraska, within and for Lancaster county, in an action wherein Charles H. Morrill as receiver of the Nebraska Savings bank of Lincoln, Nebraska, is plaintiff, and Mary A. Hughes et al., defendants, I will, at 2 o'clock p. m., on the 23d day of June, A. D., 1896, at the east door of the court house, in the city of Lincoln, Lancaster county, Nebraska, offer for sale at public auction the following described real estate, to-wit: Lot three (3), in James O Young's irregular tract of East Lincoln, as per recorded plat thereof, further described