Article Text
W. H. BINGHAM INDICTED. Memphis, Tenn., June 26.---W. H. Bingham former president of the Binghamton bank, which recently suspended was indicted yesterday on four charges, an outcome of the failure of the bank. Thre of the indictments
14774. Binghamton Bank (Binghamton, NY)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- June 27, 1908
- Location
- Binghamton, New York (42.099, -75.918)
Metadata
- Model
- gpt-5-mini
- Short Digest
7261e4e7
Response Measures
None
Description
Newspapers from June 26-27, 1908 report the Binghamton Bank 'recently suspended' and refer to the 'failure of the bank' and indictment of its former president for larceny and receiving deposits after insolvency. No article describes a depositor run; the suspension appears to be followed by permanent failure.
Events (1)
1.
June 27, 1908
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank failure due to malfeasance/insolvency: former president indicted on larceny charges and for receiving deposits after bank was known to be insolvent; articles describe the bank's failure following suspension.
- Newspaper Excerpt
- W. H. Bingham former president of the Binghamton bank, which recently suspended ... an outcome of the failure of the bank.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
of more than 1,000 people on Broadway, Frederick Hanson, of Brooklyn, while working on a new 16-story skyscraper at the corner of Fourth-st. was pitched outward today and into the cellar from the fourth floor by a swinging steel girder. He was Instantly killed. NEW YORK, June 27.-A writ of attachment issued by Justice Bischoff against the property of Abraham White, "the postage stamp bidder who cleared $200,000 profit on a single deal which involved the investment of just 44 cents in postage stamps, is taken as marking the slipping away of the fortune which grew into White's hands as rapidly and easily as if by magic. The attachment is issued at the instance of New York creditors who hold a draft on which they say they cannot collect the money. ST. LOUIS, June 27.-Archbishop John J. Glennon, addressing more than 400 priests of the Roman Catholic archdiocese of St. Louis in triennial synod at Kenrick seminary Friday, enjoined them not to permit, in future, the serving or wine or beer at church pienics, fairs or entertainments of any kind or at the banquets of church societies. SPRINGFIELD, III., June 27.-Former Vice President Adiai Stevenson, of Bloomington, will make the contest for the Democratic nomination for governor at the primaries on August 8. Stevenson petitions are being circulated. FRESNO. Cal., June 27.-J. D. Archibald, a young student of Cornell university, has been lost several days in the high Sierras. His four companions, camped 40 miles above Millwood, have asked help from Sheriff Chittenden to find him. His fraternity in the University of California was also appealed to. A party with bloodhounds will start on a hunt today. NASHVILLE. Tenn., June 27.Democratic primaries are being held throughout Tennessee today to decide whether Malcolm R. Patterson, who is now serving his second term as governor, or former United States Senator E. W. Carmack shall be the Democratic gubernatorial choice. MEMPHIS, Tenn., June 27.-W. H. Bingham. former president of the Binghamton bank which recently suspended, was indicted Friday on four charges, an outcome of the failure of the bank. Three of the indictments charge larceny and the fourth charges that he, as president, received deposits after the bank was known to be insolvent. PARIS. June 27.-Artistic Paris is today singing the praises of Sculptor Paul Bartlett, the American, whose statue of Gen. La Fayette, has just been placed on its pedestal in the Place du Louvre. The statue is considered a splendid work of art. The statue cost $130,000. $60,000 of which was raised by the school children of America. HONOLULU. June 27.-Secretary of the Interior Garfield spent a busy day Friday looking over the government works and fortifications at Pearl Harbor. In the evening be returned here and addressed a meeting of 5.000 persons in Aala park. This meeting marked the opening of the Republican campaign in the islands. At its close Garfield salled for the Island of Kaual. Sunday he will embark on the cruiser St. Louis for home.