14412. First National Bank (Carlsbad, NM)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
4455
Charter Number
4455
Start Date
October 14, 1896
Location
Carlsbad, New Mexico (32.421, -104.229)

Metadata

Model
gpt-5-mini
Short Digest
d058e909

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1896-11-10
Date receivership terminated
1899-10-09
OCC cause of failure
Excessive lending
Share of assets assessed as good
35.6%
Share of assets assessed as doubtful
49.6%
Share of assets assessed as worthless
14.8%

Description

Newspapers consistently report the First National Bank of Eddy (the town later renamed Carlsbad) suspended in mid-October 1896 and the Comptroller appointed a receiver on 1896-11-10. Articles cite lack of deposits and eastern banks' refusal to handle western paper as a precipitating factor; there is no clear description of a depositor run prior to suspension. Receiver later paid dividends. I corrected/clarified the city name: Eddy is the historical name for present-day Carlsbad, NM.

Events (6)

1. October 31, 1890 Chartered
Source
historical_nic
2. October 14, 1896 Suspension
Cause
Correspondent
Cause Details
Eastern banks refused to handle western paper amid election-time money uncertainties; directors cited lack of deposits and decided to suspend.
Newspaper Excerpt
Controller Eckels received a dispatch Monday afternoon stating that the First national bank of Eddy, N. M., has suspended.
Source
newspapers
3. November 10, 1896 Receivership
Source
historical_nic
4. November 10, 1896 Receivership
Newspaper Excerpt
The comptroller of the currency has appointed Isaac W. Rogers receiver of the First National bank, of Eddy, N.M.; Isaac W. Rogers receiver of the First National bank, at Eddy.
Source
newspapers
5. January 28, 1897 Other
Newspaper Excerpt
Isaac W. Rogers, receiver for the First national bank at Eddy, announces that a dividend of 25 per cent. will be paid on all claims against the bank just as soon as the necessary papers can be made out.
Source
newspapers
6. January 26, 1898 Other
Newspaper Excerpt
I. W. Rogers, receiver of the First National bank of Eddy, has received payment at sixty-five cents on the dollar for the $7,000 Eddy county bonds sold in Chicago and the amount has been sent to Washington, so depositors may look for a dividend shortly.
Source
newspapers

Newspaper Articles (16)

Article from The Indianapolis Journal, October 13, 1896

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Business Embarrassments. BOSTON, Oct. 12.-The Union Loan and Trust Company was not open for business this morning. This is the company for which the savings bank commissioners petitioned the court for a receiver last week, claiming its reserve is 5 per cent. below the legal requirements. The court made the order returnable Tuesday. The savings bank commissicners were in consultation with President Clark regarding the matter this afternoon. MIDDLETOWN, Conn., Oct. 12.-By the assignment of E. F. Bigelow, of Portland, the printer, the following papers which were printed in his establishment are compelled to suspend: The Middletown Tribune, the Middletown County Record, the Wesleyan College Argus and the Colchester Advocate. Of these the Tribune is a daily, the others weekly. CHARLESTON, W. Va., Oct. 12.-Colonel J. T. McLain, a large lumber dealer of Putnam county. assigned last Saturday. To-day Orcult & McLain, of this city, of which firm McLain was a member. assigned. McLain's liabilities are said to be $100,000 and those of the firm much less. WASHINGTON, Oct. 12.-The Controller of the Currency has received a telegram announcing the failure of the First National Bank of Eddy, N. M. The bank had a capital of $50,000 and its last report showed an indebtedness to depositors of about $75,000. BRIDGEPORT, Conn., Oct. 12.--The directors of the Morning Union (newspaper) have decided to ask for a receiver. The plant will be sold at auction.


Article from Marietta Daily Leader, October 14, 1896

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CONDENSED NEWS Gathered From All Parts of the Country by Telegraph. A hurricane prevailed at Nantucket, Mass., Sunday night. The wind blew 60 miles an hour. The treasury gold reserve declined Monday to $123,906,116, the withdrawals being $318,100. In the Wolcott-Scaldy fight at Maspeth Monday night, Wolcott was given the decision in the seventeenth round. A dispatch from Havana says the sick and wounded among the Spanish soldiers on the island of Cuba number 4,200. A cable dispatch from Vienna announces the death of Herr Anton Bruckner, the celebrated musical composer. The fight Monday night between Palmer and Murphy, at the National Sporting club, London, was won by Palmer. Controller Eckels received a dispatch Monday afternoon stating that the First national bank of Eddy, N. M., has suspended. The Dominion government has decided to proclaim the last Thursday in November, the 26th inst., as Thanksgiving day throughout Canada. The Paris Figaro says that the council of state has decided to refuse the extradition of P. J. P. Tynan, the alleged dynamite conspirator, to England. The 25th annual convention of the national board of steam navigation began at the Southern hotel, St. Louis, Tuesday afternoon, with about 200 delegates in attendance. At Claremont N. H., Walter P. Hunt, aged 27, shot and killed Irving Smith, aged 19, and then committed suicide by shooting himself. The men were farmers and had quarreled. William Barnie, at one time manager of the Baltimore team, and exmanager of the Hartford club, in the Atlantic league, has been appointed manager of the Brooklyn club in Dave Foutz's place. General Superintendent Robert Neilson, of the Philadelphia & Erie and Northern Central railroads, both of which are parts of the Pennsylvania railroad system, died at his home in Williamsport, Pa. The Wabash railway Monday announced a cut in rates on anthracite coal from Toledo to Kansas City and intermediate points of $2 per car. The Central Traffic association will likely meet the cut, which is likely to prove an entering wedge to a rate war. The cigarmakers Monday adopted a resolution prohibiting local unions from paying per capita tax to Central Labor unions which have professional politicians among the members, Lo. cal unions were instructed to affiliate with central bodies of the American Federation of Labor. The Braddock wire works of the Consolidated Steel and Iron Co., at Braddock, Pa., which have closed for four months except for several weeks when special orders were filled in the galvanizing department. will resume in all departments the latter part of the week, employing 1,000 men.


Article from Perrysburg Journal, October 17, 1896

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Albert Bray, aged 39, a farmer living Noblesville, Ind., cut the throats ot his near wife, his 9-year-old son, Carl, his 2year-old daughter, Edna, and then killed himself. No cause is known for the deed. Mrs. Henry Grundy. a rich widow aged died nt Youngstown, O., as the result 50, of starvation. Her husband recently died and she afterward refused all food. The Jasper county jail at Paulding, was burned and two prisoners, a Miss., E. A. Strickland and Mollie Daniels, negro woman. were cremated. George Sanders fatally assaulted Fisher with a club a piano tuner named at La Grange, Ind., and then hanged himself to a rafter in a deserted house. Corning, Ia., was visited by a busi- fire which destroyed one-third of the ness houses. the loss being $200,000. Dr. Andrew J. Purdy, aged 50. pasof the Asbury Methodist church at in Buffalo, tor dropped dead on the street Corning, N. Y. For spitting in his son's face Temple J. Houston shot and fatally wounded B. Jenkins at Woodward, O.T. Fred Pratt, the companion of John Sair in the bank robbery and double armurder D. at Sherburne, Minn., was rested at Albert Lea, in that state. James Anderson and Henry Cyat, a colored, were shot to death by both mob near Taylor's Ferry, Ala. They and were accused of having murdered robbed Randolph Falls, a farmer. hurricane caused immense damage A property on the New England coast and to the loss of several lives. At Garfield park, Chicago, James seconds Michael, the Welchman, clipped 18 the American five-mile bicycle was record. off His time for the distance 9:20. Mrs. G. Walsdorfer, of Leo, O., child was playing with her baby. when the with its struck its mother in the eyes finger nails, rendering her hopelessly a blind. The Security Trust company. banking concern at Nashua, N.H., failed for $300,000. Charles Hadworth and Henry Welsh for were executed at Wewoka, O. T., murder. The exports of specie from the port the New York for the week ended on and 10th of amounted to $1,000 in gold $873,740 in silver. The imports were: Gold, $2,213,296 silver, $57,907. Prof. J. A. Blaisdell, aged 69 years. Beloit college. committed suicide at of Kenosha, Wis. Sickness was the cause. Snow fell in portions of Nebraska with a temperature of only ten degrees above zero. After a four months' recess the United in States supreme court reconvened The Washington for the October term. court docket contains 615 cases. against Oc751 at the beginning of last year's tober term. An unknown man jumped into the at Prospect point, Niagara Falls, the and water was immediately swept over American falls. The visible supply of grain in the United States on the 12th was: Wheat, bush434,000 bushels; corn. 14,468,000 els; 52, oats. 9,533,000 bushels: rye, bushels. 2,032. 000 bushels: barley, 2,920,000 The effect of the political agitation business throughout the country upon indicated by the falling off in postal endreceipts is of $63,000 for the quarter ing September 30. The forty-third session of the International Typographical union convened at Colorado Springs. Col. The First national bank of Eddy, N. of M., closed its doors with liabilities $75.000. By the assignment of Printer follow- E. F. Bigelow, of Portland, Conn., the in his papers, which were printed to susestablishment, ing are compelled the The Middletown Tribune, Wespend: Middletown County Record, Colchester the leyan College Argus and the Advocate. Col. J. R. McLain. a large lumber asdealer of Putnam county. W. Va., signed with liabilities of $100,000. Because his sweetheart, Miss Tillie Dietzman. would not consent to marry Philip Zimmer shot and fatally then wounded him. the girl in St. Louis and killed himself Epping, N. H., was visited by a busi- fire destroyed six of its principal $100, that ness houses and caused a loss of 000. While Preserved Grant was Chardon, coma patent medicine at a Mrs. pounding the mixture exploded and in Perry O., and her child were fataMy jured. The Atlantic coast in both directions with New York was strewn from wrecks of bathhouses, piers and yachts, broke result of a high tide which the records. At many resorts summer moorhotels all were plucked from their and floated out to sea. ings Fire destroyed business buildings at at Great Barrington, Mass.. valued $200,000. Bufford Overton was executed at Har- 1895. Ky., for the murder, June 21, Jewish lan, of Gustave and Julia Loeb, two peddlers. PERSONAL AND POLITICAL. Y. Atkinson was reelected gover by a ( W. of Georgia by the democrats 35,000. majority nor of not less than once Gen. George A. Sheridan, political of speaker Louisfamous


Article from The Diamond Drill, October 17, 1896

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United States on the 12th was: Wheat, 434,000 bushels; corn, 14,468,000 bushoats, 9,533,000 bushels: rye, 2,032,bushels: barley, 2,920,000 bushels. The effect of the political agitation upon business throughout the country indicated by the falling off in postal receipts of $63,000 for the quarter endSeptember 30. The forty-third session of the International Typographical union convered Colorado Springs, Col. The First national bank of Eddy, N. M., closed its doors with liabilities of $75,000. By the assignment of Printer E. F. Bigelow, of Portland, Conn., the followpapers, which were printed in his establishment, are compelled to suspend: The Middletown Tribune, the Middletown County Record, the Wasleyan College Argus and the Colehester Advocate. Col. J. R. McLain, a large lumber dealer of Putnam county, W. Va., assigned with liabilities of $100,000. Because his sweetheart, Miss Tillie Dietzman, would not consent to marry him, Philip Zimmer shot and fatally wounded the girl in St. Louis and then killed bimself. Epping, N. H., was visited by a fire that destroyed six of its principal busihouses and caused a loss of $100,000. While Preserved Grant was compounding a patent medicine at Charden, O., the mixture exploded and a Mrs. Perry and her child were fatally injured. The Atlantic coast in both directions from New York was strewn with wrecks of bathhouses, piers and yachts, the result of a high tide which broke records. At many resorts summer hotels were plucked from their moorings and floated out to sea. Fire destroyed business buildings at Great Barrington, Mass.. valued at $200,000. Bufford Overton was executed at HarKy., for the murder, June 21, 1895, of Gustave and Julia Loeb, two Jewish peddlers. Gen. Edward S. Bragg, of Wisconsin. been appointed by Attorney-GenHarmon especial assistant to the United States district attorney for the eastern district of Wisconsin. The Union Veteran Legion began its eleventh annual encampment in Washington. For the first time in the history of New York state courts women were appointed receivers in supplementary proceedings of insolvency in New York city. A statement prepared by the bureau of mints shows that during the month of September last the mints of the United States coined 2,700,100 silver dolars. The Cooperative Fruit company of New Castle, Call, failed for $100,000. The notorious Bill Green gang of desperadoes, composed of Bill, Edward and Arthur Green, was found near Oologah. T., and Bill and Edward were killed the officers. The barkentine Thomas J. Stewart. of Boston. was lost at sea with her crew of 11 men. An organized effort is being made in South Dakota to boycott the hard coal combine throughout the northwest by inducing as many consumers as possito substitute corn for fuel. Later advices from the storm on the Atlantic coast say that the property damage at Coney Island and other places in the vicinity will amount to $500,000. Six lives were also lost. The Sherburne (Minn.) bank robbers have been identified as Lu Kellihan and brother Hans, the latter, who was killed by his captors, being only 18 years old. Knights of the Golden Engle from nearly every part of the United States at Reading. Pa., in annual conven-


Article from Santa Fe Daily New Mexican, October 23, 1896

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On Monday morning & the patrons of the First National bank of Eddy were omewhat astonished to find a notice on the front door to the effect that owing to lack of deposits the directors had decided to suspend. On interviewing the president, Mr. R. H. Pierce, he stated that all depositors would be paid in fall, and that the bank would probably resume in sixty days, says the Eddy Current. The assets amount to $105,000 and the deposits $52,000. The assets consist of about $10,000 available cash, $50,000 good notes, $20,000 in lands at sacrifice prices, and the balance in overdrafts, fixtures, etc. The first dividend will probably be paid depositors in thirty days and will be about 25 per cent and the balance as fast as the institution can realize on its collaterals. The showing made by the bank is exceptional and no doubt the bank will shortly be able to resume business. One of the main causes which precipitated the suspension is the fact that eastern banks have recently refused to handle western paper, alleging the uncertanties of money matters pending the election, do not justify the placing of money at


Article from The Topeka State Journal, November 10, 1896

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Garnett Bank's Receiver. Washington, Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: Yates County National bank of Pen Yan,\N. Y.; First National bank of Garnet. Kan.; R. E. Spangler, First National bank of Eddy, N. M., Isaac Rodgers; Second National bank of Rockford, Ill., H. H. Waldo.


Article from Santa Fe Daily New Mexican, November 10, 1896

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THE WASHINGTON BUDGET Salisbury's Concessions Reduce Venezuela Commission to Performance of Ornamental Functions. ARBITRATION HAS BEEN ARRANGED Secretary Lamont Pronounces False the Rumor That Policy of Administration Has Changed Toward Cuba -Battle-ship Texas is Safe. Washington, Nov. 10.-The meeting of the Venezuelan commission to-day was of more than ordinary interest on account of the significant statement in Lord Salisbury's speech last evening, announcing that the boundary dispute was practically ended. The commission authorized the following statement: "The statement of Lord Salisbury as reported in the morning papers makea it probable that the boundary dispute, now pending between Great Britain and Venezuela, will be settled by arbitration at an early day. Under these circumstances, the commission, while continuing its deliberations in the preparation and orderly arrangement of many valuable maps, reports and documents, which have been procured and used in the course of its labors, does not propose to formulate any decision for the present of the matters subject to examination. It will continue its sessions from time to time, but with the hope and expectation that a friendly and just settlement of all pending differences between the nations interested will make any final decision on its part ennecessary." ARBITRATION FINALLY ARRANGED. 2:30 p.m.-The arbitration of the Venezuelan dispute is a settled fact. All the arrangements have been completed and all the details of arbitration between the United States and Great Britain are arranged. The final terms of the treaty of arbitration were arranged in this city last night and the terms were cabled to London and have been accepted. The treaty covers Venezuela only and does not include a general treaty of arbitration of all future disputes between the two great English speaking nations. This treaty is to be arranged later by future negotiations. The Venezuelan arbitration commission will consist of five arbitrators, two to be selected by the United States, two by Great Britain, and these four to select a fifth arbitrator. Venezuela will not be directly represented in the commission. The term of occupancy to exempt British settlements in disputed territory from arbitration is fixed at sixty years, according to additional correspondence on the subject, which has just been discovered. LAMONT ON CUBAN RUMORS. "There has been no change in the policy of the administration regarding Cuba," said Secretary Lamont, "and as far as know none has been contemplated since the adjournment of congress. The visit of Consul-General Lee to Washington has no more significance than my walking from the war department to my residence. What the president intends or may do in this matter are known only to himself. Speculations and surmises about a proclamation according to belligerent rights to Cabans are manufactured out of whole cloth." THE BATTLE-SHIP TEXAS SAFE. Commodore Sicard, commandant of the New York navy yard, telegraphed Secretary Herbert today: "The engine and fire room of the battle-ship Texas are clear of water, and we are arranging to drain the coal bunker, clear the wing passages and central twelve-inch shell room into double bottoms, and to pump out by the drainage system of the ship. We will start the steam on the ship about 9 o'clock and then again pump out the double bottoms promptly. The ship is all safe." Later the commandant telegraphed that the Texas would be docked this afternoon. RECEIVER FOR EDDY BANK. The comptroller of the currency has appointed Isaao W. Rogers receiver of the First National bank, of Eddy, N.M.


Article from The Providence News, November 11, 1896

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Three Receivers Appointed. Washington, Nov. 11.-The comptroller of the currency has appointed receivers of national banks as follows: Yates County National bank of Penn Yan, N. Y., Simon Kinne; First National bank of Garrett, Kan., R. E. Spangler; First National bank of Eddy, N. M., Isaac W. Rogers; Second National bank of Rockford, Ills., H. H. Waldo.


Article from Las Vegas Daily Optic, November 12, 1896

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Owing to the suspension of the First national bank. of Eddy, the funds belonging to Eddy county will be unavailable for an indefinite time, as they were deposited in this bank. The bank will pay its depositors in full, but it is impossible to say how soon, as it takes a long time to adjust complicated affairs of this kind, but whether it does or not, the county shall loose nothing by the failure of the bank, and parties holding claims against the county shall not be inconvenienced.


Article from The Austin Weekly Statesman, November 12, 1896

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RECEIVERS APPOINTED. Washington, Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: State National bank of Pennyan, Simon Kinne; First National bank of Garnett, Kas., R. E. Spangler: First National bank of Eddy, N. M., Isaac W. Rogers; Second National bank of Rockford, III., H. Waldo.


Article from Delaware Gazette and State Journal, November 12, 1896

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NT Official advices from Manila report the defeat of 4,000 Philippine rebels, by the Spanish troops, at Montalvan. William Evins, a Mantua, N. J., farmer, was run over by his team on Tuesday while bauling gravel and was almost instantly killed. By the explosion of a saw mill boiler in Perry county. Ky.. on Monday, Jack Francis and Roderick Baker were killed and nine others injured, three seriously. According to a Vienna dispatch, the families of most of the diplomats at Constantinople have left the city. The situation is regarded as very dangerous. In the United States district court at Macon, Ga., Tuesday, an order was signed for the sale of the A tlantic Short RRM price No "4721 uo line 'pexy The Rev. Alexis Bork, a young Methodist minister of Chicago, was killed by a wild animal in the Flathead Mountains, in Montana, a few days ago. Judge Foster. at Fort Scott, Kan., has made an order temporarily restraining Receiver Johnson from taking control of the Santa Fe railway property in that State. The Baltimore Chamber of Commerce has passed a resolution declaring its conviction that the banking business of the nation should not be a function of the government. The United States Treasury, for the first time in several years, is receiving gold in considerable quantities for custom duties. The gold reserve Tueiday stood at $122,234,315. Advices from Kaisarieb, Aoia Minor, state that the village of Everek has been plundered by a band of Turks, who killed 100 of the Armenian inhabitants and destroyed 50 houses. The Legislature of Alabama met Tuesday. Voting for Senator will begin on November 24th. Among the candidates are Senator Pugh, Gov. Oates, Gen. Pettus and John H. Bankhead. A carriage containing Charles F. Bright and Miss Catharine Boyer, B &q пмор una SHM JO both freight train at Gibraltar, Pa., Tuesday, and both the occupants were killed. At the invitation of Italian Socialists in America, Signor Verro has started for the United States. It is said he will organize the Italian Socialist residents in New York, Philadelphia Boston pue Miss Mary Kramer of Potter county, Pa., has been made insane by the pranks of practical jokers who frightened her while she was sleeping in a supposed haunted house, in paying a foolish election wager. The Comptroller of the Currency has appointed receivers for the following national banks: First. Garrett, Kan. First, Eddy, N. M. Second, Rockford, III., and Yates County National Bank, Penn Yan, N. Y. The Republican Congressional Campaign Committee is to be made permanent, with headquarters in Washington where, in connection with the National committee, it will continue the fight against free silver. In the supreme court in Troy, N. Y., Tuesday, ex County Treasurer George H. Morrison pleaded guilty to two indictments for misappropriating county funds, and was sentenced to 10 years and five months in Clinton prison. The body of Joseph Komorowski, who had been missing from Chicago since October 8th, was found on Monday night near the drainage canal. Leo Troso has been arrested on the suspicion that be had murdered Komorowski. It was rumored in Washington on Tuesday that Secretary Carlisle will recommend to Congress an increase in the tax on beer of from $1 to $2 per barrel and that this proposition is favored by the Commissioner of Inter1ᵉʳ At a luncheon given in his honor in New York Tuesday by Isaac H Seligman, Chairman Hanna said the administration recently chosen will go into office without pledges of any kind, and wholly uncommitted as regards the cabinet e JO Justice Lawrence, in New York City, Tuesday appointed E. J. Ross ancillary receiver of the assets in that State of the Ross & Baker Co., a New Jersey corporation, which has a silk mill at Port Oram. The liabilities of the company are said to be $140,000. A Topeka dispatch says that exChief Justice Horton has discovered that the Alien Land law under which the recent action for a receiver of the Santa Fe was brought, was never passed by the Kansas Legislature and its publication in the statutes was an MORIO At Whiteplains, N. Y., Tuesday, John Rodgers shot and killed William Smith, a fellow servant, and was then shot and killed himself, by the discharge of his own gun, while he was trying to kill Henry Weiss. It is supposed that Rodgers became suddenly insane. The Chief Justice JO


Article from Twice-A-Week Plain Dealer, November 17, 1896

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'AON 'SLAA 'RUSHUAN Paper Mill company assigned today for the benefit of its creditors, Assets $100,000; liabilitles, $50,000, The concern lost heavily by Chicago and Minneapolis failures. Grand Rapids, Mich., Nov. 10.John E. Wilkes, ene of the oldest dry goods merchants in this city, has filed chattel mortgages aggregating $33,000 for the benefit of his ereditors. Washington, Nov. 10. Comptroller Eckels has closed the First national bank of Decorah, la.. capital $75,000 and placed bank examiner Stone in charge. The bank is in bad shape being unable to realize on its assets. Sioux City, Iowa, Nov. 10.-Oa application of L. T. Richardson, W. T. Manley was this morning appointed receiver of the Iowa savings bank of this place. Washington, D. C. Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: Yates county national bank of Penn Yan, N. Y., Simon Kinney; First national bank of Garrett, Kas., R. E Spangler; First national bank of Eddy, N. M., Isaac W. Rogers; Second national bank of Rockford, Ill.. M. H. Waldo. New York, Nov. 10.-Edward J. Ross has been appointed ancilliary receiver of the assets and property in this state of the Ross & Baker company, a New Jersey corporation, manufacturers of silk. The liabilities are reported to be over $140,000. Providence, R. I., Nov. 11.-Writs were issued Wednesday for the arrest of the two partners in the private banking house of Miller & Vaughn, who failed a week ago with about $200,000 liabilities and no assets. It is said that two customers will prefer criminal charges. Decorah, Iowa, Nov. 11.-The Beard Bros. have made an assignment. Assets at face value slightly in excess of liabilities. Grand Rapids, Mich., Nov. 10-The Detroit, Lansing and Northern rail road's entire equipment was sold under mortgage foreclosure to-day. The property was bid in for $48,000 subject to other mortgages by F. A. Nims, of Muskegan, and J. W. Champlin, of this city, who acted as committee in the interest of the bondholders. Amesbury, Mass., Nov. 11.-F. T. Choate and Phillip H. Lunt, of New bury, have been appointed assignee of the Lewis & Gross Shoe company. The company will not resume business. New York, Nov. 11.-Clapp & Co , dealers in stocks and grains, have failed. Last might the firm made an assignment to William T. Davis, Jr. The failure occasioned some surprise as the firm has been credited with doing a very large business during the last five years of its existence in this city. The attorneys for the assignee say that it is assumed from all indications that the liabilities will amount somewhere in the neighborhood of $150,000. Ridgway, Pa., Nov., 12.-The Mc. Ewen Manufacturing company manufacturers of machinery, made an assignment Thursday morning. Allentown, Pa., Nov. 12.-Two exe cutions for $100,000 each were Thurs day afternoon entered against the Catasaqua Manufacturing company with clause of scire facias to show cause by December 7 why the company's chartered rights, rolling mills etc., should not be sold. The cold weather has brought & 'arge influx of tramps to the city and pplications for lodgings have be


Article from Las Vegas Daily Optic, November 17, 1896

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The comptroller of the currency has appointed Isaac W. Rogers receiver of the First National bank, at Eddy. - A


Article from Las Vegas Daily Optic, January 28, 1897

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Isaac W. Rogers, receiver for the First national bank at Eddy, announces that a dividend of 25 per cent. will be paid on all claims against the bank just as soon as the necessary papers can be made out.


Article from Las Vegas Daily Optic, March 3, 1897

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THE NEW MEXICO NEWS. The latest ball at Kingston didn't pan out very good. L. Anderson, of Eddy, has a quince tree in full bloom. J. O. Cameron's little son accidentally broke his arm at Eddy. Dolph Reading, of Hillsboro, won the $5 foot race at Chloride. Work is rapidly progressing on the Methodist church at Roswell. Even bets on the Corbett and Fitzsimmons fight are being made in Hillsboro. C. Cossigoli has purchased the grocery business from F. Agostine at Eddy. Miss Louise Boughton again visits Dr. Skipwith and family at the town of Lincoln. C. F. Myers is mentioned as a possible candidate for mayor of Albuquerque. Judge Robert West, of Kingston, is on the sick list, not being able to leave his house. R. C. Nisbet was appointed agricultural superintendent for the Eddy beet sugar company. Geo. Powell was at Hillsboro from Silver City, attending to his goat and mining interests. Two children of Mr. and Mrs. H. B. Fergusson, of Albuquerque, have the whooping cough. W. W. McClellan has disposed of his insurance business in Albuquerque to Culley & Armijo. Married, at the residence of Dr. Bearup, down at Eddy, A. L. Mann and Miss Mae Fair. Otto E. Gentz, of Hillsboro, has lost a $5 gold nugget and offers $3 reward to the finder thereof. E. J. Fender, of Hager's saw mill, was in Kingston and reports things very quiet at the mill. Dolph Reading, of Hillsboro, went to Chloride to look at the chances for engaging in business there. Mrs. N. Grayson and daughter, Ethel, of Hillsboro, have been visiting at J. P. Hopper's in Kingston. The Roswell Record began the seventh year of its journey upon the F thorny path of country journalism. Rev. Gage. of Hope, tarried in Eddy a day, en route to Texas, where he will spend three weeks on business. Father Kempker, of Eddy, is under the weather from the effects of too rd much work preparing for the kirmess. at The name of the man killed, last po Friday afternoon, near Chilili, was Carlos Garcia aged about twenty-one. A: Culley & Armijo Albuquerque paid th J. F. Girard $275, the amount allowed lo by the adjuster on loss of restaurant by fire. ti M. C. Stewart has been appointed W sheriff of Eddy county, vice J. L. Dow, be murdered in the streets in the nightte time. In Orchard's large, handsome Concord stage arrived at Hillsboro, loaded at down to the gunwales with traveling ch men. W About twenty New Mexico people te will be in Washington and witness the pa insuguration. Most of them want an office. bl Some of the Kingston people who Fo attended the masquerade ball at Lake OV cr Valley, complain of having their lunch stolen. m Mrs. C. N. Titus returned to Hills. boro from a pleasant visit to El Paso, of where she went in company with her by father. an Editor Butler, formerly of the Texas sp to Western, of Anson, was at Eddy, visiting his brother, Fred Butler, the photographer. So in A move is on foot among the dramso atic talent of Eddy to give a benefit for ea the little family of their late sheriff, bo Mr. Dow. "It Asubscription paper is being circulated at Hillsboro to raise money for pa the erection of a new Spanish Methodist church. cie th George B. Peyton, of Fort Worth, CO traveling agent for the Eclipse windis mill, was at Roswell in the interest of 80 that machine. mc J.D. Soper, a perlpatetic vendor of goods, wares and merchandise, per sample, was at Roswell from his headfro quarters at Abilene. les Robert L. Moss and Miss Sophia Hi McBroom were married at the resiof dence of John N. Shaw, the bride's cid brother-in-law, down at Roswell. er James Reay; John Hurst and George wa ma Ring, of Kingston, had 8 few days' outing on the Rio Grande and succeeded in bagging considerable game. the The meat market firm of Lowenele bruck & Stone, at Eddy, purchased a con Hereford cow from W. H. Woods, of Re La Huerta, which dressed 800 pounds. sec Messrs. Musy and Salich, of Eddy, tre visited Roswell, last week, in company with E. Brysselbout, superintendent of the Grand Island, Nebraska, sugar gro factory. Ro At the sale of horses last Tuesday un held by the receiver of the First nasiti tional bank of Eddy,the stock sold very sid low, a three-year-old work horse bringing only $11. Ab Vest, the cowboy who has suf fer ed from a broken shoulder for some tin e, down at Eddy, is improving and now it is understood has the full use of his shoulder. The Castalian club meeting at Eddy was, as usual, very interesting. A. N. Pratt was chosen president, to succeed Mr. Holabird, who has returned to his California home. The total amount of the receipts at the kirmees for the benefit of St. Ed. wards' church, at Eddy, were $306, and after expenses are paid, it is esti00 mated the net receipts will be about $275.


Article from Las Vegas Daily Optic, January 26, 1898

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I. W. Rogers, receiver of the First National bank of Eddy, has received payment at sixty-five cents on the dollar for the $7,000 Eidy county bonds sold in Chicago and the amount has been sent to Washington, so depositors may look for a dividend shortly.