14768. First National Bank (Ballston Spa, NY)

Bank Information

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

Metadata

Model
gpt-5-mini
Short Digest
ee842c4c

Response Measures

None

Receivership Details

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

Description

The bank was closed/suspended in early December 1901 after discovery of a long-running defalcation by teller Charles E. Fitcham (about $100,000). A temporary receiver (Comptroller's examiner) was appointed. The Comptroller authorized resumption of business on Dec 18/19, 1901. No run is described in the articles; cause is an internal embezzlement (bank-specific adverse information).

Events (6)

1. March 31, 1865 Chartered
Source
historical_nic
2. December 3, 1901 Other
Newspaper Excerpt
Examiner E. J. Graham ... has been appointed by the Comptroller of the Currency temporary receiver, pending a further investigation.
Source
newspapers
3. December 3, 1901 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Discovery of a long‑running defalcation/embezzlement by teller Charles E. Fitcham, shortage estimated at $100,000.
Newspaper Excerpt
The First National Bank of this place was closed today, pending an investigation by a national bank examiner.
Source
newspapers
4. December 18, 1901 Reopening
Newspaper Excerpt
The comptroller of the currency has authorized the recently suspended First National bank of Ballston Spa, N. Y., to resume business tomorrow.
Source
newspapers
5. November 24, 1931 Voluntary Liquidation
Source
historical_nic
6. February 2, 1933 Receivership
Source
historical_nic

Newspaper Articles (18)

Article from Evening Star, December 3, 1901

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Charles E. Fitcham Under Arrest at Ballston, N. Y. DEFICIT ESTIMATED AT $100,000 His Pilfering Had Been Going on for Long Time. BANK'S DOORS CLOSED BALLSTON, N. Y., December 3.-The First National Bank of this place was closed today, pending an investigation by a national bank examiner. It is stated that the closing of the bank's doors followed the discovery of irregularities in the accounts of the teller, Charles E. Fitcham. The bank began business in 1865. Judge J. S. Lamoreaux succeeded the late George West as president early in October of this year, and H. J. Donaldson succeeded to the vice presidency. The new executive officers began at once a thorough investigation of the bank's affairs, and discovered Indications of a defalcation on the part of Teller Fitcham. The investigation was pursued until It was seen that the defalcation had begun many years ago and attained large figures. Shortage of $100,000 Discovered. Bank Examiners Graham and Van Vranken were sent for and yesterday began a thorough examination. At the close of banking hours they reported a shortage of $100,000. The directors then decided to close the bank pending an investigation, and a warrant for Fitcham's arrest was issued. Fitcham was bonded to the amount of $10,000. He has a wife and one daughter. President Lamoreaux said today that it was not possible to determine the amount of Fitcham's defalcation without an inspection of the oustanding certificates of deposit and depositors' pass books. The examination. he said, shows the teller alone is responsible. Mr. Lamoreaux added that it is not thought possible that any loss can come to depositors or certificate holders, as the bank has a surplus of $100,000, which it is hoped will nearly or quite meet the deficit and leave the bank's capital of $100,000 unimpaired. An examination of the bank by Examiner Van Vranken last August failed to disclose any irregularity in the accounts. The Examiner in Charge. The First National Bank of Ballston Spa, N. Y., was colsed today by vote of the board of directors upon the discovery of a defalcation by the teller. Charles E. Fitcham, amounting to $100,000. Examiner E. J. Graham was present in the bank at the time Its doors were closed and has been appointed by the controller of the currency temporary receiver, pending a further investigation.


Article from Alexandria Gazette, December 3, 1901

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


Article from The Evening Times, December 3, 1901

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


Article from The Houston Daily Post, December 4, 1901

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


Article from The Washington Times, December 4, 1901

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


Article from The Bottineau Courant, December 5, 1901

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TELLER FIRST NATIONAL BANK AT BALLSTON SPA, N. Y., AN EMBEZZLER, INSTITUTION CLOSES DOORS National Bank Examiners Assume Charge and Begin a Thorough Ex amination of the Books-Defalcations Commenced Many Years Ago and Have Continued Undiscovered Until the Present Time. Ballston Spa, N. Y., Dec. 4.-The First National bank of this city has been closed pending an examination by a national bank examiner. It is state at the closing of the bank's doors followed the discovery of irregularities in the accounts of the teller, Charles E. Fitcham. The bank began business in 1865. Judge J. S. Lamoreaux succeeded George West as president early in October of this year and H. J. Donaldson succeeded to the vice presidency. The new executive officers began at once a thorough investigation of the bank's affairs and discovered indications of a defalcation on the part of Teller Fitcham. The investigation was pursued until it was seen that the defalcation had begun many years ago and attained large figures. Bank Examiners Graham and Van Vranken were sent for and Monday be gan a thorough examination. At the closing of banking hours they reported a shortage of $100,000. The directors then decided to close the bank pending an investigation and a warrant for Fitcham's arrest was issued. Fitcham was bonded to the amount of $1,000. He has a wife and one daughter. President Lamoreaux said that it was not possible to determine the amount of Fitcham's defalcation without an in spection of the outstanding certificates of deposits and depositors' pass books. The examination, he said, shows the teller alone is responsible. Mr. Lamoreaux added that it is not thought possible that any loss can come to depositors or certificate holders as the bank has a surplus of $100,000. which it is hoped will nearly meet the deficit and leave the bank's capital of $100,000 unimpaired. An examination of the bank by Examiner Van Vranken last August failed to disclose any irregularity in the accounts. Fitcham is in at his residence where he is under arrest and guarded by two officers. Stockholders Held Liable. Milwaukee, Dec. 4.-Judge Elliott, in the circuit court, held that stockholders in the defunct Commercial bank, who signed an agreement to make good any shortage there should be in the assets and cash to cover lia bilities to creditors and for stock, are held responsible for the payment to the receiver of that bank of the sum of $99,999.96.


Article from The Bee, December 5, 1901

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


Article from The Forrest City Times, December 6, 1901

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


Article from Vermont Phœnix, December 6, 1901

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The First National bank of Ballston, Spa, N. Y., was closed Tuesday and a temporary receiver appointed in consequence of the discovery of a defalcation amounting to $100,000. The teller, Charles E. Fitcham, is under arrest.


Article from Watertown Republican, December 7, 1901

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


Article from The Greenville Times, December 7, 1901

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


Article from The Forest Republican, December 11, 1901

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Friday. United States marines are being withdrawn from shore duty at Panama aud Colon. Owing to an alleged defalcation of about $100,000 by Charles E. Fitcham, a teller, the First National bank of Ballston Spa, N. Y., was closed. Coasting on icy rails, a trolley car shot into the Hudson at Poughkeepsie. D. Baruth, a traveling salesman of New York city, was drowned. Charles Brown, one of the slayers of Washington Hunter, made a desperate dash for freedom an hour before he was hanged in the jail yard at Mount Holly, N. J. The British torpedo boat destroyer Talmon came into collision with a cross channel steamer and was run ashore, the crew being saved. A special cable dispatch from London says that action has been taken by a former owner of Skibo castle to recover the property from Mr. Carnegie.


Article from Mineral Point Tribune, December 12, 1901

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


Article from The Wilmington Daily Republican, December 18, 1901

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


Article from The Sun, December 18, 1901

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


Article from Waterbury Democrat, December 18, 1901

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


Article from Connecticut Western News, December 19, 1901

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NEWS OF THE WEEK Happenings of the Wide World Briefly and Tersely Told The president has decided to reap point Charles A. Orr pension ageut Buffalo. The president on Monday appointed George J. Roberts postmaster of Brooklyn Dr. Rush 8. Huldekoper, formerly chief surgeon U. S. A., died at Philadel phia on Tuesday Luigi Storti, the murderer of Michele Caluecl in Boston Nov. 7. 1899, was electrocuted at the state prison in Charlestown Tuesday morning Dr. John Stark, a widely known sur geon and physician who from 1863 1865 was surgeon on the staff of Gen eral McClellan, died in Kansas City Tuesday The Meadville (Pa.) Theological school has received Christmas gift of $50,000 in the form of an endowment for the president's chair from anony mous donor. The plant of the Island Foundry com pany at Mechanicsville, N.Y. was to tally destroyed by fire on Sunday. The loss will be $50,000. partially covered by insurance. It is announced on excellent author ty that the marriage of United States Senator Chauncey M. Depew to Miss Palmer will take place at Nice, France, on Christmas eve. The marriage of Miss Katharine W Dorr of Albany and William Loeb, Jr. secretary to President Roosevelt, took place at the Emanuel Baptist church in Albany on Thursday. Charles W. Vaughan, formerly super intendent of the poor and shefiff of Clinton county N Y. died on Friday He was a prominent Mason and Odd Fellow and was fifty -ive years old. Captain James Parker, who was one of Admiral Schley's counsel before the court of inquiry, is engaged in the collection of material for a biography of Admiral Schley which he proposes write. The resignation of W. G. Purdy as president of the Chicago, Rock Island and Pacific railroad was accepted by the directors of the company on Thursday. William B. Leeds was then elected president. The navy department has awarded the contract for the construction of the buildings which are to serve as quar ters for the cadets at the Naval acade my to Noel & Thomas of Baltimore their bid of $2,448,000. The war department is in receipt of cablegram from Manila dated Dec. 26. reporting the salling of the transport Warren with 756 short term enlisted men and Generals Robert P. Hughes and Frederick Funston. At consistory on Monday the pope formally announeed among others nominated to bishoprics the names of Father John J. O'Connor as bishop of Newark, N. J., and Father William J O'Connell as bishop of Portland, Me. Harriet P. Murphy, prominent in church and society circles and treas urer of the Kingsley House fund, was murdered at her home. 6221 Howe street, east end, Pittsburg. by a bur glar on Tuesday. The murderer made his escape. A gang of burglars entered the Rhinebeck (N Y.) postoffice and bank on Monday, blowing open safes in both places. In the postoffice they got mon ey and stamps to the value of $300, but in the bank they secured nothing The burglars escaped The comptroller of the currency has authorized the recently suspended First National bank of Ballston Spa. N Y. to resume business. This action was taken upon information that the capital of the bank was unimpaired and the bank was otherwise safe. Frank White, a negro who was con victed at Oswego, N. Y Saturday of the murder of George Clare at Lansing on Sept. 15. has been sentenced by Justice Wright to be put to death by electricity during the week commene ing Jan. 19. White is twenty years On Tuesday Oliver Harriman, Sr. who is said to be worth at least $5. 000,000, was declared insane and in competent by a commission and sher iff's jury at Port Chester, N Y. The petition was made by his eight chil dren. Mr. Harriman is seventy years old. The Tennessee Coal. Iron and Rail road company has announced the com pletion of Its steel rail mill at Ensley Ala., and that the plant will be in operation within a few weeks. This new industry will make steel raile for trunk lines and will be the first plant of the kind in the south Members of the executive committee of the national council of the Grand Army of the Republic at a meeting in Chicago Thursday night decided to hold the next annual encampment of the organization at Washington. It has been decided that the encampment will be held in the fall. The capture by the British of Com mandant Kritzinger, who has been styled "the De Wet of Cape Colony, regarded as very important. He has been a troublesome and energetic in vader of Cape Colony. In a recent proclamation he called himself the chief commandant of Cape Colony. Major General Arthur MacArthur. who has been stationed in Washington recently as a member of the board of army posts and as a member of the army provost board. has been ordered to Denver to assume command of the department of the Colorado, vice Brig adier General H. C. Merriam retired Brigadier General J. Franklin Bell has been exceedingly active in Batan gas province, Luzon, where he intends by every means available to stamp out the insurrection. There are daily small fights between the Insurgents and the men of General Bell's command in which the former are almost invaria bly routed. The case of Mrs. Lola Ida Bonine, on trial for the killing of James Seymour Ayres, Jr. in his room in the Hoter Kenmore, Washington, on the night of May 14 last, was given to the jury Friday afternoon. After having been out four hours the jury returned a verdiet of not guilty, and Mrs. Bonine was released. Sir Thomas Lipton's cup challenger Shamrock II., narrowly escaped being destroyed by fire Thursday night. As It was the Shamrock


Article from The Irish Standard, December 21, 1901

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