14140. New Brunswick National Bank (New Brunswick, NJ)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Start Date
September 11, 1884
Location
New Brunswick, New Jersey (40.486, -74.452)

Metadata

Model
gpt-5-mini
Short Digest
d265cb85

Response Measures

Full suspension, Books examined

Other: President and cashier suicides; grand jury presentment later noted.

Description

Multiple articles (Sept 11, 1884) report a large deficiency (≈$1,000,000) due to theft by the cashier, the suicide of the president, thousands rushing to the bank doors (heavy withdrawals/run) and that the business of this institution had been suspended for the present. A later item notes the bank closed its doors and a grand jury presentment regarding fraud. No explicit mention of a receiver or formal takeover in these clippings, but evidence supports suspension followed by permanent failure/closure. I did not invent a receivership date.

Events (3)
1. September 11, 1884 Run
Cause
Bank Specific Adverse Info
Cause Details
Massive theft/deficiency discovered (cashier Hill's theft ~ $1,000,000) and implication of bank officers, triggering panic withdrawals.
Newspaper Excerpt
Men rushed frantically to the doors of the national bank
Source
newspapers
2. September 11, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended after discovery of large deficiency from cashier theft and suicide of president; operations halted amid public outrage.
Newspaper Excerpt
the business of this institution had been suspended for the present
Source
newspapers
3. October 22, 1884 Other
Newspaper Excerpt
The United States grand jury has made a presentment against the New Brunswick National Bank of New Jersey. ... these two officers committed suicide, and [the bank] closed its doors on the 13th. S. S. DAVIS' private bank at Cincinnati, closed its doors on the 13th. Liabilities $60,000; assets $0,000. OWING to the decadence of cholera, ... (contextual news). (excerpted article mentions grand jury presentment and closed doors).
Source
newspapers

Newspaper Articles (11)
1. September 12, 1884 Cooperstown Courier Cooperstown, ND
Article from Cooperstown Courier, September 12, 1884

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Article Text

President Runyon of the New Brunswick National Bank Cuts His Throat in His Office. Maine Heard from to the Tune of 17.000-Cholera Continuing to Rage Abroad. Cannibalism on the High Seas-France Not Yet at War, But Massacring in a Friendly Spirit. PRESIDENT FOLLOWS CASHIER. NEW BRUNSWICK, Sept. 11.-Mahlon Runyon. president of the national bank, cut his throat in the bank to-day. He was implicated in the thievery of Cashier Hill. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. At 9:45 President Runyan drove up to the bank in his carriage and was accompanied by his two young daughters. Aftersending them home, he sent Chief Fitzgerald, who was in charge of the bank. for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper. he went into the room occupied by the directors and began to read. A deathly 0 palor spread over his face, and he ex0 claimed: "My God, what will my chil0 1 dren do?" Passing a handkerchief over 1 his 1 row, he threw the paper into the O lap of Director Stoddard; and excusing 1 himself went into the toilet room of the O 1 bank. A minute later the sound of O fall was heard, the directors rushed to o the closet and discovered the body of o o Runyon on the floor. He had cut his O wrists deep, blood spurting against the 10 wall and ceiling. The thousands of 10 people outside were horrified. "Shall 10 10 we raid the bank?" was the question 10 which agitated the agonized depositors. 10 Farmers from the country joined in the 10 10 throng and shouted for their money. C Pelice flanked the street with difficulty. 0 Friends of Cashier Hill, who was o found dead Friday morning. predicted O that if he was short in his accounts the 10 10 deficit would be near a million, as he 10 loved to live too well to kill himself for 10 less. Hill was married and very popu10 lar. He was found dead in his bed Fri0 day morning, with gas escaping from two burners in his room, and the winto dows tightly closed

2. September 18, 1884 The Bad Lands Cow Boy Little Missouri, Medora, ND
Article from The Bad Lands Cow Boy, September 18, 1884

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Article Text

THE NEW JERSEY TRAGEDY. President Runyon, of the How Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center: Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into & room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God. what will my children do!" Passing & handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound. in the throat Determined on suicide, he had cut his wrists deep, blood spurting against the wall and cailing. The thousands of people outside were horrified. "Shall we raid the bank?" was the question which agitated the agonized, depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyor was a farmer, sixty years old. He leaves $ wife and fourchildren. He had been president of the bank five years, but was not generally regarded as much of a financier, the late cashier Hill, being considered as running the institution pretty much of his own way, Runyon not appearing of much consequence. It is stated that Runyon was implicated in the theft of Hill, and life. expected to be arrested when he took his Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sudden taking off, predicted thatif he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himself for less: No resident of New Brunswick was more popular than Hill He was happily married, childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. Ha was a hearty, hail fel. low well met, with a read of humor, popular slike among the rich and poor.

3. September 18, 1884 The Sun Morris, MN
Article from The Sun, September 18, 1884

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Article Text

THE NEW JERSEY TRAGEDY. President Runyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God, what will my children do!" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat Determined on suicide, he had cut his wrists deep, blood spurting against the wall and ceiling. The thousands of people outside were horrified. "Shall we raid the bank?" was the question which agitated the agonized depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyon was a farmer, sixty years old. He leaves a wife and four children. He had been president of the bank five years, but was not generally regarded as much of a financier, the late cashier, Hill, being considered as running the institution pretty much of his own way, Runyon not appearing of much consequence. It is stated that Runyon was implicated in the theft of Hill, and expected to be arrested when he took his life. Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sudden taking off, predicted thatif he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himself for less. No resident of New Brunswick was more popular than Hill. He was happily married, but childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a fund of humor, popular alike among the rich and poor.

4. September 18, 1884 River Falls Journal River Falls, WI
Article from River Falls Journal, September 18, 1884

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Article Text

THE NEW JERSEY TRAGEDY. President Runyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God, what will my children do!" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat. Determined on suicide, he had cut his wrists deep, blood spurting against the wall and ceiling. The thousands of people outside were horrified "Shall we raid the bank?" was the question which agitated the agonized depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyon was a farmer, sixty years old. He leaves a wife and four children. He had been president of the bank five years, but was not generally regarded as much of a financier, the late cashier, Hill, being considered as running the institutior pretty much of his own way, Runyon not ap. pearing of much consequence. It is stated that Runyon was implicated in the theft of Hill, and expected to be arrested when he took his life. Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sudden taking off, predicted that if he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himsel! for less. No resident of New Brunswick was more popular than Hill. He was happily married, but childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a fund of humor, popular alike among the rich and poor.

5. September 18, 1884 The Northern Pacific Farmer Wadena, MN
Article from The Northern Pacific Farmer, September 18, 1884

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Article Text

THE NEW JERSEY TRAGEDY. President Runyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupièd by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God, what will my children do!" Passing a handkerchief over his brow, he threw the paper inte the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat. Determined on suicide, he had cut his wrists deep, blood spurting against the wall and ceiling. The thousands of people outside were horrified. "Shall we raid the bank?" was the question which agitated the agonized depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyon was a farmer, sixty years old. He leaves a wife and four children. He had been president of the bank five years, but was not generally regarded as much of a financier, the late cashier, Hill, being considered as running the institution pretty much of his own way, Runyon not ap. pearing of much consequence. It is stated that Runyon was implicated in the theft of Hill. and expected to be arrested when he took his life. Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sudden taking off, predicted that if he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himself for less. No resident of New Brunswick was more popular than Hill. He was happily married, but childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a fund of humor, popular alike among the rich and poor.

6. September 19, 1884 The Warner Weekly Sun Warner, SD
Article from The Warner Weekly Sun, September 19, 1884

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Article Text

THE NEW JERSEY TRAGEDY. President Runyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. L was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center. Bank Examiner Shelly has discovered & deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for & copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God, what will my children do!" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fail was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat. Determined on suicide, he had cut his wrists deep, blood spurting against the wall and ceiling. The thousands of people outside were horrified. "Shall we raid the bank?" was depositors. the question which agitated the agonized The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyon was a farmer, sixty years old. He leaves a wife and four children. He had been president of the bank five years, but was not generally regarded as much of a financier, the late cashier, Hill, being considered as running the institution pretty much of his own way, Runyon not appearing of much consequence. It s stated that Runyon was implicated in the theft of Hill, and life. expected to be arrested when he took his Friends of Cashier Hill, whowas found dead Friday morning, when they heard of his sudden taking off, predicted that if he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himself for less. No resident of New Brunswick was more popular than Hill. He was happily married, but childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a fund of humor, popular alike among the rich and poor.

7. September 19, 1884 The Kimball Graphic Kimball, SD
Article from The Kimball Graphic, September 19, 1884

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THE NEW JERSEY TRAGEDY. President Runyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove пр to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God. what will my children do!" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat. Determined on suicide, he had cut his wrists deep, blood spurting against the wall and ceiling. The thousands of people outside were horrified. "Shall we raid the bank?" was the question which agitated the agonized depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyor was a farmer, sixty years old. He leaves : wife and four children. He had been presiden of the bank five years, but was not generally regarded as much of a financier, the late cashier Hill, being considered as running the institution pretty much of his own way, Runyon not ap. pearing of much consequence. It is stated that Runyon was implicated in the theft of Hill. and expected to be arrested when he took his life. Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sud. den taking off, predicted thati if he was short in his accounts the deficit would be up near & million, as he loved life too well to kill himself for less. No resident of New Brunswick was more popular than Hill. He was happily married, but childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a rend of humor, popular alike among the rich and poor.

8. September 19, 1884 The Pioneer Express Pembina, ND
Article from The Pioneer Express, September 19, 1884

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THE NEW JERSEY TRAGEDY. President Bunyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill New Brunswick is shaken to its center. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God, what will my children do!" Passing a handkerchief over his brow, he threw the paper inte the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat Determined on suicide, he had out his wrists deep, blood spurting against the wall and oeiling. The thousands of people outside were horrified "Shall we raid the bank?" was the question which agitated the agonized depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astomishment to the public generally. Runyon was a farmer, sixty years old. He leaves a wife and four children. He had been president of the bank five years, but was not generally regarded as much of afinancier, the late cashier, Hill, being considered as running the institutior pretty much of his own way, Runyon not ap. pearing of much consequence. It is stated that Runyon was implicated in the theft of Hill, and expected to be arrested when he took his life. Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sudden taking off, predicted that if he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himself for less. No resident of New Brunswick WAS more popular than Hill He was happily married, but childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a fund of humor, popular alike among the rich and poor.

9. September 25, 1884 The Mineral Argus Maiden, MT
Article from The Mineral Argus, September 25, 1884

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THE NEW JERSEY TRAGEDY. President Runyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God, what will my children do!" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat. Determined on suicide, he had cut his wrists deep, blood spurting against the wall and ceiling. The thousands of people outside were horrified. "Shall we raid the bank?" was the question which agitated the agonized depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyon was a farmer, sixty years old. He leaves a wife and four children. He had been president of the bank five years, but was not generally regarded as much of a financier, the late cashier, Hill, be ng considered as running the institution pretty much of his own way, Runyon not appearing of much consequence. It is stated that Runyon was implicated in the theft of Hill, and life. expected to be arrested when he took his Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sudden taking off, predicted thatif he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himself more for less. popular No resident than Hill. of New He was Brunswick happily mar- was ried, but childless. He was one of a family of bankers his father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a fund of humor, popular alike among the rich and poor.

10. September 25, 1884 The Worthington Advance Worthington, MN
Article from The Worthington Advance, September 25, 1884

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NEW JERSEY TRAGEDY. President Runyon, of the New Brunswick National Bank, Cuts His Throat in the Bank Building. Mahlon Runyon, president of the national bank at New Brunswick, N. J., cut his throat in the bank on Monday. He was implicated in the thievery of Cashier Hill. New Brunswick is shaken to its center. Bank Examiner Shelly has discovered a deficiency of over one million dollars in the surplus cash and securities. The town is wild. Men rushed frantically to the doors of the national bank, only to be told that the business of this institution had been suspended for the present. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, although quite popular, was ignorant of financial matters and was a willing tool in the hands of the designing cashier. At 9:45 Monday President Runyon drove up to the bank in his carriage and twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the morning paper in which the story was told of his complicity in the bank's downfall. Securing the paper, he went into a room occupied by the directors and began to read. A deathly pallor overspread his face, and he exclaimed: "My God, what will my children do!" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself went into the toilet room of the bank. A minute later the sound of a fall was heard, the directors rushed to the closet and discovered the body of Runyon on the floor, with blood oozing from a gaping wound in the throat. Determined on suicide, he had cut his wrists deep, blood spurting against the wall and ceiling. The thousands of people outside were horrified "Shall we raid the bank?" was the question which agitated the agonized depositors. The suicide of President Runyon, while strengthening the testimony in regard to the affairs of the management, causes unbounded astonishment to the public generally. Runyon was a farmer, sixty years old. He leaves a wife and four children. He had been president of the bank five years, but was not generally regarded as much of a financier, the late cashier, Hill, being considered as running the institution pretty much of his own way, Runvon not appearing of much consequence. It is stated that Bunyon was implicated in the theft of Hill, and expected to be arrested when he took his life. Friends of Cashier Hill, who was found dead Friday morning, when they heard of his sudden taking off, predicted that if he was short in his accounts the deficit would be up near a million, as he loved life too well to kill himself for less. No resident of New Brunswick was more popular than Hill. He was happily married, but childless. He was one of a family of bankershis father having been president of the National bank when he was made cashier, while both his brothers are in the banking business, one in this city and the other in Jamesburg, N. J. He was a hearty, hail fellow well met, with a fund of humor, popular alike among the rich and poor.

11. October 22, 1884 Mower County Transcript Austin, Lansing, MN
Article from Mower County Transcript, October 22, 1884

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GENERAL THE steamship Faraday has arrived off New York bar with the end of the Bennett-Mackey cable. HERDMEYER & STEIGLITZ'S woolen goods establishment at Chicago, is in the hands of the. sheriff. Judgments were confessed to the amount of $75,000. D. C. DEWFLL & ADAMS, grocers, Boston, have assigned. Liabilities $40,000. JAMES LEGG & Co., owners of the Mapleville mills, at Burrelsville, R. I., failed on the 15th, for $300,000. A DISPATCH of the 14th says smallpox has appeared at Argo, fifteen miles from Aurora, D. T. THE National Academy of Science began its session at Newport, R. I., on the 14th. LEWIS DICKINSON, one of the oldest residents of Racine, died on the 14th, aged 65 years. THE establishment of Davis, Atkinson & Co., pork packers, Chicago, has been seized by the sheriff to satisfy a debt of $25,000. G. H. CRAGG & Co., wholesale dealers in jewelry, New York City, failed on the 13th. S. S. DAVIS' private bank at Cincinnati, closed its doors on the 13th. Liabilities $60,000; assets $ 0,000. OWING to the decadence of cholera, the secretary of the treasury advises the discharge of the sanitary inspectors at London and Liverpool. THE United States grand jury has made a presentment against the New Brunswick National Bank of New Jersey. It says the bank's money was lost through fraud on the part of the cashier with the possible connivance of the president. It will be remembered that these two officers committed suicide,