14989. First National Bank (Buffalo, NY)

View Charter #235 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
235
Charter Number
235
Start Date
April 14, 1882
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini
Short Digest
68d31dc0

Response Measures

None

Receivership Details

Depositor recovery rate
43.5%
Date receivership started
1882-04-22
Date receivership terminated
1892-04-30
OCC cause of failure
Fraud
Share of assets assessed as good
39.1%
Share of assets assessed as doubtful
5.2%
Share of assets assessed as worthless
55.7%

Description

First National Bank of Buffalo suspended on April 14, 1882 due to mismanagement/over-extension of loans. A federal examiner took possession and the Comptroller later appointed a receiver (Elisha T. Smith) on April 25; the bank remained closed and receivers pursued recovery and prosecutions (president arrested for embezzlement). No clear contemporaneous depositor run is described in the articles, so this is categorized as a suspension that led to permanent closure/receivership.

Events (6)
1. February 5, 1864 Chartered
Source
historical_nic
2. April 14, 1882 Other
Newspaper Excerpt
United States Bank Examiner Hugh Young ... this morning took possession of the bank and began an examination, which he expects to conclude to-morrow.
Source
newspapers
3. April 14, 1882 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank overextended its business on too small a capital; loans far exceeded capital and deposits; mismanagement and alleged defalcations/embezzlement reported resulting insolvency and dishonored drafts to correspondents (Fourth National).
Newspaper Excerpt
The First National Bank closed its doors and suspended payment this morning.
Source
newspapers
4. April 22, 1882 Receivership
Source
historical_nic
5. April 25, 1882 Receivership
Newspaper Excerpt
The comptroller of the currency has appointed Elisha T. Smith as receiver for the First National Bank of Buffalo, N. Y.
Source
newspapers
6. May 18, 1882 Other
Newspaper Excerpt
R. Porter Lee, late president of the defunct First National bank, was arrested ... on oath of Receiver E. T. Smith ... for misappropriating and embezzling $200,000 of the funds of the bank.
Source
newspapers

Newspaper Articles (20)
1. April 15, 1882 New-York Tribune New York, NY
Article from New-York Tribune, April 15, 1882

Click image to open full size in new tab

Article Text

BANK FAILURE IN BUFFALO. THE FIRST NATIONAL SUSPENDS-TRYING TO DO A LARGE BUSINESS ON A SMALL CAPITAL. |BY TELEGRAPH TO THE TRIBUNE.] BUFFALO, April 14.-The First National Bank closed its doors and suspended payment this morning. The news caused considerable excitement in bustness and financial circles. A number of depositors and others called at the bank to make inquiries, but little definite information could be obtained, Last Wednesday drafts amounting to $65,000 were thrown out by the New-York correspondent, the Fourth National Bank. The president of the Buffalo bank, E. Porter Lee, went to New-York to endeavor to tide over the disaster, but returned early this morning unsuccessful. He says that the bank will pay a hundred cents on the dollar, but whether it will resume business he could not say. He attributes the failure to an attempt to do a large business on a small capital, and this is doubtless correct. The capital was only $100,000 and the loans are said to have exceeded $1,000,000. According to the last quarterly statement of the bank, the deposits were $566,000. The general feeling is that the crash is a bad one and the affairs of the institution are in a far more shaky condition than represented. East Buffalo stock dealers were patrons of the bank, and some of the heaviest dealers are said to be seriously affected. The United States District Court has about $80,000 on deposit in the bank; the City of Buffalo, $26,500; the County Treasurer, $12,000. It was generally known yesterday that the affairs were in a critical condition, but the general belief was that a satisfactory arrangement could and would be made. The checks paid yesterday, however, aggregated about $30,000. United States Bank Examiner Hugh Young arrived in Buffalo last night on his regular tour of inspection, and this morning took possession of the bank and began an examination, which he expects to conclude to-morrow. It appears from the reports of the bank made October 1, 1881. and March 12, 1882, that during that period the deposits fell off $246,836 81, whereas the amount of its loans and discounts increased $238,213 24. On March 11 there was due from other banks $33,740.75 less than on October 1, and due to other banks $216,869 03 more than on that date. President Baldwin, of the Fourth National Bank, which has been for more than eighteen years the NewYork correspondent of the Buffalo bank, said that the fallure was due entirely to efforts to do too large a business. The Buffalo bank, he said, had a capital of only $100,000. but its deposits were nearly $1,000,000. He deprecated fraud in the failure. Checks of the Buffalo bank were thrown out on Wednesday for the first time, but the amount of them, Mr. Baldwin said, he did not know. On Thurday he had ordered paid more than thirty checks, which did not amount to over $1,500, because he thought it would be less trouble to pay them than to send them back. He said that the president of the Buffalo bank called on him on Thursday, but proposed no plan for relieving the bank of its embarrassments. No additional securities to protect its checks were offered. The cashier of a prominent Wall Street bank said that the failure would have no appreciable effect on the other Buffalo banks. " You see," he said, that this bank had $100,000 capital, but its officers thought that they had several millions, and managed their business accordingly."

2. April 15, 1882 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN
Article from Memphis Daily Appeal, April 15, 1882

Click image to open full size in new tab

Article Text

ing, the evidence being insufficient, as was claimed. Buffalo, April 14. - -The government bank examiner in charge of the bank reports that the cause of the suspension of the First National Bank of this city, as far as now apparent, was mismanagement only. Cleveland, April 14 -Mrs. Alfa Boynton, mother of Dr. S. A. Boynton, one of President Garfield's physiciane, and only eister of Grandma Garfield, died to-day at her home in Hiram, aged seventy-five years. Wilmington, Del., April 14.-The Democratic commissioners are cited to appear before the Superior Court in each county in the State, to show cause for refusal to place a certain Republican petition on the assessment list. La Crosse, Wis., April 14. - The decision of Inspector G. W. Ordon and John F. Scott, who have been investigating the Bella Mace explosion, places the entire blame on Charles Monaghan, the second engineer, on watch at the time of the explosion. By his neglect five lives were lost. New York, April 14 - Yesterday Shipherd swore that William Henry Hurlbut informed him that he had a dispatch from Blaine to Hurlbut with a marginal note, "Go it, Seve." In to-day's World Hurlbut flatly denies this, and says he had but one, and that was on an inconsequential interview with Shipherd.

3. April 15, 1882 The Daily Gazette Wilmington, DE
Article from The Daily Gazette, April 15, 1882

Click image to open full size in new tab

Article Text

GENERAL NEWS. The steamship Strassburghantive at Baltimore yesterday from Bremen with 1700 emigrants, who all went to the North, west by rail lableven ing. e In the Star Route cases in Wash ington yesterday, counsel for Dorsey Brady and others filed a motion for a bill of particulars. The motion specifies each Contract in which the papers are asked and fills 44 pages of type writing. The Mayor and Alderman of Water town, Wisconsin, after levying the tax for the next year's expenses, resigned on the 10th inst., to avoid service of a judgment for $24,000 rendered against the city by the U. S. Court. The act passed by the New York Legislature amendatory of the Criminal Code, with special reference to the murderer Sindram, was signed yesterday by Governor Cornell. Under its provisons Sindram's counsel can apply for a new trial. The Connecticut House of Repre sentatives vesterday passed resolutions requesting the pardon and reinstatement of Sergeant Mason; also, resolutions asking Congress to take action for the relief of Ameri can citizens imprisoned as "suspects.' In the Massachusetts House of Representatives yesterday, two members charged that a railroad lobby was engaged in corrupting representatives; one of them had been offered that morning "a yearly pass if he would change his vote.' A committee was appointed tojinyes tigate the matter. In the Dom nion Senate yesterday a bill legalizing marriage with a deceased wife's sister was passed by a vote of 34 to 11. The First National Bank of Buff Alo, New York, suspended yesterday morning. The suspension is attributed simply to bad management, the volume of business transacted being greater than was warranted by the capital. If there is any loss it will fall only on the stockholders. The president of the bank says it "can pay all liabilities and leave the stock worth considerably above par." The trouble "seems to have been that the bank has tied up too much in long loans." A committee of the National Land League Association called upon the President yesterday and presented the resolutions of that body in rela tion to American citizens abroad land asking the recall of Minister Lewell. The President received them cordially and said he would "give the matter his early attention. Alfred Stimmel has been appointed Internal Revenue Gauger for the First District of Pennsylvania. At Recreation Park, in Philadel phia, yesterday, the Worcestar (Mass.) Base Ball Club defeated the Philadelphia Club by a score of 5 to 3.-The Athletics, of Philadelphia, defeated the Atlantics, of Breoklyn, at Oakdale Park, by a score of 18 to 3. Christian Born, of Lancaster, Pa., committed suicide yesterday by banging. U. B. White, Treasurer of Newberry county, South Carolina, has disappeared, being in default of $8000, which he is supposed to have lost in gambling. In the United States Court at Charleston, yesterday, a nolle prosequi was entered in the election case against Chreitzbarg. In the other cases al. ready tried, argument was concluded and the cases were given to the jury. No verdict had been returned at eight o'clock in the evening. James M. Reeder pleaded guilty yes terday at Allentown of having embez zled $3000 from the Lehigh Valley Kailroad Company while clerk. He was sentenced to be imprisoned one year and to return the amount stolen.

4. April 15, 1882 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, April 15, 1882

Click image to open full size in new tab

Article Text

Business Failures. New York, 14-The business failures for seven days, as reported to R. G. Dun & Co's commercial agency, number 122, as follows: Southern states 38, western 34, middle 19, eastern 22, pacific and territories 8, New York city 6. ThePoughkeepeie ironland steel company suspended, as also the New York and Boston manufacturing company. The other feilures in this city are unimportant. Buffalo, N. Y., 14-The first national bank has closed its doors. A large number of drafts issued to livestock dealers, drawn on the fourth national of New York, on the 4th inst., and since that date, were yesterday dishonored in New York. The extent of the drafts unpaid cannot be ascertained now, but it is thought large. The failures will seriously affect a large number of cattle dealers, who sent these drafts in payment for stock sold by them. It is believed that depositors will be paid in full.

5. April 16, 1882 Seattle Daily Post-Intelligencer Seattle, WA
Article from Seattle Daily Post-Intelligencer, April 16, 1882

Click image to open full size in new tab

Article Text

EASTERN ASSOCIATED PRESS DISPATCHES. The Escaped Howgate. How some months has on account of in gate, jail in this city WASHINGTON, who for April 14.-Capt. been amount of bail to answer the for procure his against appearance the inability required charges him in connection of the States made fairs his administration of the United financial with af vice, from the his BOOK circumstances escaped while visiting guard family. Signal this after The Serare as follows: In cases, at sace dinsimilar with precedents Howgate already establish- varions accordtimes during the past four applied to the of absence months temporary visit had leave from Court or jail five for is family. The applications granted, the with the to provent excspe, and sending orally have officer been prisoner Court gen- to from the time in two months hours for the first absence limiting jail. or Today a more few leave to go to purpose of seeing his meantly for Howgate the returned asked daughter, his house from Vassar Collage. over certain papers. the the request, and and looking made, Wylie, to granted whom application Judge was one of the bailiffs, with to jail in two most bring with trustworthy the him prisoner back oldest orders sent and to o'clock. The case to the utmost, then bably pubed about would the 3 prosecution and hours. prohave left him in the Beatiary for life. It is believed pen- that his former mistress, Miss Nellie Burrell, who has visited him nearly was the him to planned the jail, and helped principal escape. every one who day It also said that the contractors who had furnished under his reign of thiev. ing also helped him to get out of the hands of the authorities yesterday. If be is successful in getting to Europe he is all right, as his offense is not one for which he can be extradited. LATER-Capt. Howgate's manner of revealed. and by the police it is believed that it will not be, for the reason that there are certain powerful influences in town interested taking escape. More Wages Wanted CHICAGO, April 14.-The Brickmakers' Union, comprising nearly all the brickmakers in the oity, have demanded an advance of 25 cents per day. Nineteen ina letter to building will that diesster have have united interests settingfforth foot follow such an exorbitant scale of prices, as outside points could ship brick here,and shut up all yards in the city the advance was granted. A Nismanaged Bank. BOFFALO, (N. Y.) April 14.-The Govenement Bank Examiner reports the - of the suspension of the First National Bank in this city as far as is now apparent is through mismanagement. Properly Done. ALBANY, April 14.-James Moran, of Tay, has been sentenced to six a nonths' imprisonment in the penitentiary for speating at a charter election, and desen others await trial. Weather Prediction. WASHINGTON, April 16.-Indications the the Pacific Coast are-for California fair weather, and Oregon: Washington Territory light rains. Gultenu's Relatives. Guiteau is out in another card: "Had my relatives all died," he says, "twentyfive years ago, it would have been a God send to me." He charges Seoville with addere to get control of his (Guiteau's) book, and says he has already paid Sooville $275, which is more Ithan his alloged services are worth. Legislative Deings. HARTFORD, (Conn.) April 15.-The Home of Representatives have passed resolution requesting the pardon of Sergrant Mason, and his restoration to his reak in the army; also a resolution askinc Congress to take action for the reHalf of American citizens confined in British prisons as "suspects." A Municipal Steal. Sr. JOSEPH, (Mo.) April 14.-Enos J. Growther, ex-City Register. and City Attorney, present City Assessor, togather with a man named John Cox. late dark for .C. Bender. pension agent, unvarreeted this evening on complaint Mayor Persegate. who charges them with complicity in a one hundred thou and dollar bond steal, AmmothEstablishment Closing New York, April 15.-It is announeed hyaivertisements that A. T. Stewart & a have determined to discontinue Make business, and that they offer for with their eatire stock of merchandise and all their mill property. A Wind Storm. MODOAN CITY. (La.) April 15.-Wedmoday night's storm destroyed two nome charches, several dwellings and two three warehouses at Chafalaya, Cyprimised and other points in the neighberhood At Rendely Station stores and dwellings were carried away. Levee Broke. Less, (La.) April 15.-A break 00 and at Chanpler's on the River, three miles from Red River feet wide; from that place crovasses, each from to 400 feet wide. A Dark Picture. & New Iberia special says the situa- is appalling. The storm swept every forty houses at Fariance Point, of Sublishments I withe loss enormous on at stock. Bayou New Iberia. River crops, were etc., All over- has as Sound and also many houses heretofore

6. April 16, 1882 Seattle Daily Post-Intelligencer Seattle, WA
Article from Seattle Daily Post-Intelligencer, April 16, 1882

Click image to open full size in new tab

Article Text

A Sister Cone. CLEVELAND. April 15. Mrs. Alfa Boynton, the only sister of grandma Garfield, died today at Hiram, aged 75 years. Nayes's Generosity. Ex-President Hayes sends $250 to the Garfield monument fund. Caucus. WASHINGTON. April 15.- caucus of Republican Representatives was in seasion tonight from 8 until 11:30. The attendance was not.large, but the proceed ings vereanimated. Speeches were made on the Tariff Commission bill, contested elected cases and manner of proceeding with the business of the session. The resolutions were adopted providing for prompt action in all matters pending. It was ascertainee that by next Monday the majority would have all its members present, with possibly one or two exceptions. The resolutions referred to favor 11 o'clock for the hour of meeting hereafter, and provide that night sessions may be held whenever practicable; that the Tariff Commission bill shall be passed assoon as the debate is concluded. and the election cases must be pushed forward and disposed of as rapidly as possible during the reminder of the present term. It will also decide the present rules are broad enough in their scope to allow the majority to proceed in the manner indicated. Excursionists Arrived. DENVER, (Col.) April 14.-The first section of the Raymond excursion from Boston arrived here today. Postal Stealing Complaints continue to reach the Postoffice Inspector regarding loss of monev, drafts, etc., from mails while enroute from Colorado to New York. The amount is estimated at nearly a million dollars since December. Detectives are nonplussed. Oscar in a Mine. Oscar Wilde visited Governor Tabor's Matchless mine at Leadville last night about midnight. He was shown through the underground workings. Found Eight Years After. CHICAGO, April 15.-Ex-Governor Burbank, of Dakota, is now Postoffice Inspector here. He was one of & dezen passengers in a stage which was robbed by the James gang near Hot Springs, Ark., eight years ago. He was robbed of a gold watch and chain and a diamond pin, worth $900. He has received information from Marshal Craig, of St Joe, that his property was found among the effects of the late Jesse James and will be returned to him. Shepherd to be Restrained. WASHINGTON, April 15.-Several members of the committee think they will not longer permit Shepherd to do all the talking, but will direct the examination themselves, and will arraign him before the House if he is contumacious. Political Arrangement. About a dozen members of the Re publican National Convention met to day. and after discussion unanimously favored the Republicans in the South uniting with the liberal Democrats, who will work with more enlightened political sentiments for a free ballot and a fair count, and oppose the Bourbon Democrats. A repolution was adopted for a meeting of the convention on the fourth Wednesday of January, 1883, and directing the special committee appointed ih 1881 to report a plan for giving Congressional districts representation in the next National Conven tion, Kicked Out. F. W. Moffat, Paying Teller of the Treasury cash room, has been dismissed. T. r. O'Connor's opinion. CHICAGO, April 15.-Thomas Power O'Connor says he raised $40,000 in the west for the Land League. He could scarcely express the pleasure he experienced over his cordial reception in the chief cities of the west, and spoke of California as being "God's own country," where the climate was ever glorious and the people intelligent, freehearted and generous. Mr. O'Connor was asked what he had observed us 8 stranger in a serange land in respect to the Chinese question. "That," replied the agitator. "appears to be fairly an American question, and I will not discuss it. Whether the movement to drive them out is just or unjust, the people of the Pacific coast, so far as was able to judge, were unanimously ngainst them.' The Broken Bank. BUFFALO, April 15.-The First National Bank, which suspended yesterday, hold an enviable financial position, al. though rumors have been flying that the young President was speculating too much in change. The bank's last statement showed assets of $1,337,000. Liabilities, outside of stocks, $1,130.000. It had $80,000 in United States contract money, $26,000 in city and $12, 000 in county funds. secured by almost worthless bonds. Large defalcations are rumored, bat officials deny it. President Lee days the bank did too large discount. Gallean's Latest. WARHINGTON, April 15.-Gaiteau in his sereed to the American people says: "Nearly every day I notice something in the papers from Seoville's cranked brains, and in self-defense I hereby notify the public they have nothing to do with me. I never employed Sooville. and never intended be should have any thing to do with my case, as he is not my kind of a man, and he has been the a went into he ever since nuisance

7. April 16, 1882 Eureka Daily Sentinel Eureka, NV
Article from Eureka Daily Sentinel, April 16, 1882

Click image to open full size in new tab

Article Text

Closing Up a Large Business. CHICAGO, April 15.-The manager of A. T. Stewart's establishment said to an Associated Press reporter this morning that all he knew of the New York firm's determination to wind up its affairs was that he had received an advertisement with instructions to insert it in the newspapers of this city, setting forth that A. T. Stewart & Co., having decided to discontinue their dry goods business, they offer for sale their stocks of merchandise and mill properties. This indicates that the house will discontinue all its connections as well as the main business. A Large Bank Defalcation. BUFFALO (N. Y.), April 15.-The First National Bank, which suspended yesterday, held an enviable financial position, although lately rumors have been flying the was about that young Chicago. President The bank's speculating too much in last statement showed assets, $1,337,000; liabilities, outside of the stock, $1,130,000. It had $80,000 in United States Court money, $26,000 city and $12,000 county funds, secured by almost worthless bonds. A large defalcation is rumored, but the officials deny it. President Lee says the bank did too large a discount business. Paddy Ryan's Story. CHICAGO, April 15.-Alletter is published here from Paddy Ryan, pugilist, saying that the charge of Johnny Roach, his trainer, published some days ago, that he, (Ryan) sold the fight with Sullivan, is false; also, one from Tom Kelly of St. of seconds was too Louis, Kelly says one Ryan Ryan's heavy in and the not fight. at all in condition, and that he (Kelly) warned Ryan's backers of the fact the morning before the fight, and advised them not to allow the meeting in the ring to take place. Guitenu and His Relatives. WASHINGTON, April 15.-Guiteau is out in another card. Had they (his relatives) all died, he says, years ago it would have been a godsend to me. Scoville is filled with a desire to get hold of his (Guiteau's) book. Guiteau says he has already paid Scoville $275, which is more than his alleged services are worth. Respited a Second Time. SANTA FE, April 15.-Kelly, who was to have been hung yesterday for the murder of O'Reardon, was respited a second time until May 19. There were seven murder cases on the docket at the present term of the District Court in New Mexico. Two are already found guilty. Likely to Be Lynched. MILWAUKEE, April 15.-A young gambler named Hardy Clifford to-day shot and killed Captain Mugh at Racine. Heis likely to be lynched to-night. En Route to Washington. KANSAS CITY, April 15.-Dorsey passed through this city this morning, en route to Washington to attend the trial of the Star Route cases. Indicted for Bribery. COLUMBUS (Ohio), April 15.-The Grand Jury has returned indictments against three members of the Legislature for bribery. The House has concurred in the Senate amendments to the bill closing saloons on Sunday, and the bill is now a law.

8. April 20, 1882 The Democratic Press Ravenna, OH
Article from The Democratic Press, April 20, 1882

Click image to open full size in new tab

Article Text

THE First National Bank of Buffalo closed its doors and suspended business on Friday morning. A large number of drafts issued to live stock dealers drawn on the Fourth National Bank of New York the 4th inst. and since that date, were dishonordd in New York the day previous. The extent of the drafts unpaid cannot be ascertained now, but it is thought to be large. The failure will seriously affect a large number of cattle dealers who sent these drafts in payment for stock sold by them. It is believed depositors will be paid in full.

9. April 20, 1882 Savannah Morning News Savannah, GA
Article from Savannah Morning News, April 20, 1882

Click image to open full size in new tab

Article Text

The General Changes-Failures in the Southern States. There were 111 failures in the United States reported to Bradstreet's during the past week, a decrease of 8 from the preceding week, and 5 more than during the corresponding week of last year. The decrease was almost entirely in the Middle States, which had 19 failures, a decrease of 12; New England had 26, an increase of 4; Southern States 26, a decrease of 1; Western States 33, the same as the preceding week; California and the Territories 7, an increase of 1; Canada 13, an increase of 10. Two banks suspended, the First National of Buffalo, and the Central of Indianapolis. Among the other failures of interest were Sealey & Co., manufacturers of hats at Newark and New York: R. Childs, manufacturer of silk at Hillsboro Bridge, N. H., and New York city; Stevens & French. wholesale boots and shoes, Boston; John H. Bryant & Co., manufacturers of sumac, Richmond; W. T. Dalton & Co., general traders, Chippewa Falls, Wisconsin. In the principal irades the failures were as follows: General traders 20, grocers 18, liquors 12, manufacturers 7, tobacco and cigars 5, shoes 4. grain 4, drugs 4, hardware 3, clothing 2, dry goods 2, fancy goods 2, millinery 2, books and stationery 3, furniture 2, banks 2. butchers 2. During the week failures occurred in the Southern States as follows: ALABAMA. Mobile-James W. Daniel has assigned, and offers to compromise at 25 cents. GEORGIA. Coehran-J. A. D. Coley, general store, has failed. Columbus-E. T. Harris. grocer, has failed. Liabilities $6,500, assets $3,000. Isabella-W. J. Herring, general store,has failed. Isabella-H. H. Rouse, general store, has failed. Savannah-Max Eiseman, clothing, has failed and assigned. NORTH CAROLINA. Warrenton-W. J. White & Brother, general store, have assigned. Liabilities $6,000, preferred claims $2,500. SOUTH CAROLINA. Brunson's-B. F. Brown, general store, has assigned. Liabilities about $5,000. He recently asked an extension. Charieston-George Lunz, cigars, has assigned to Gerhard Ricke. Liabilities a' out $6,000. TENNESSEE. Louisville-H. T. Cox & Son, general store, who recently assigned, owe about $25,000; nominal assets $12,000. Union City-J: W. Smith, saddlery, has failed and been attached. White Bluffs-G. H. Morton, general store, has assigned.

10. April 22, 1882 The Milan Exchange Milan, TN
Article from The Milan Exchange, April 22, 1882

Click image to open full size in new tab

Article Text

to Parker's Variety Theater, when an alarm of fire was raised, and in the stampede that followed, Frank 'Donnell, a boy, was seriously injured by being thrown and trampled upon. THE Yanktonnais Indians at Poplar River have been drawing farming implements and seeds from the agent, who also paid them fifty cents per day and rations for cultivating the soil for their own profit. Now they have struck for higher wages. AT Philadelphia, Pa., on the 15th, six or eight thousand workingmen in massmeeting expressed indignation at the action of the President in vetoing the Chinese bill. THE Mexican commander on the Rio Grande has stationed troops opposite Laredo, and Americans are not allowed to cross. HENRY GALLAGHER, of Allentown, Pa., who has a daughter suffering from St. Vitus' dance and harbors the hallucination that Father Dongan can but will not cure her, saluted the pastor with two shots from a revolver, a few days since, both of which missed. A. T. STEWART & Co., of New York, are winding up their affairs. THE April report of the Department of Agriculture indicates an increase of two per cent. in the winter wheat acreage. WHILE temporarily insane, a merchant of Louisville, O., named C. R. Oblinger, leaped from a night train at Newport, Del., and wandered into a residence, where he was shot as a burglar, and dangerously wounded. FIRE at Titusville, Pa, the other day, destroyed the Hotel Brunswick, the Parshall Opera-house and hotel, and the Watson stables, on which the loss is estimated at $250,000. A fireman was fatally burned, and a colored cook probably lost her life. UNITED STATES troops are expelling stockmen from Cherokee lands on account of non-payment of the tax levied by the Indians. OLIVER MORRELL, a boy connected with a newspaper office in Omaha, has had access to the Post-office while his mails were being weighed. The other morning he was caught stealing a package of letters. It is believed that he has taken from the mails checks and drafts amounting to $30,000, as his depredations were sufficiently great to sound the alarm. THE First National Bank of Buffalo has suspended payment. The concern has a capital of $100,000. and reported loans and discounts of $1,054,849. Hugh Young, Government Bank Examiner, finds that $80,000 of Federal court funds are unsecured, and $38,000 in city and county deposits rest upon poor bonds. THE Ford boys, indicted for the murder of Jesse James at St. Joseph, Mo., pleaded guilty and were sentenced to death, whereupon Governor Crittenden granted them full and unconditional pardon. So deeply charged with electricity was the atmosphere, between Chicago and the Atlantic coast on the 16th, telegraph wires were operated without batteries. THE Saints at Salt Lake have been advised by their preachers in the tabernacle to boycott the gentiles. Gentile merchants will probably retaliate by discharging all Mormon employees.

11. April 26, 1882 Evening Star Washington, DC
Article from Evening Star, April 26, 1882

Click image to open full size in new tab

Article Text

P THE comptroller of the curr ncy has appointed Elisha T. Smith as receiver for the First National Bank of Buffalo, N. Y. -

12. April 26, 1882 Morning Journal and Courier New Haven, CT
Article from Morning Journal and Courier, April 26, 1882

Click image to open full size in new tab

Article Text

The Contested Elections-Southern Republicans Anxious for Early ActionProposing to Demand Prompt Attention-Arguments in the Mason CaseOther Matters. WASHINGTON, April 25. The southern Republicans in the House were a good deal agitated to-night over the course of Republicans who voted with the Democrats to lay over the contested election cases and take up the tariff bill. They say the contestants have been kept out of their seats too long already and they do not propose to let matters rest longer, but will demand of their party as an act of simple justice that the cases be taken up at once. In the Mason case before the Supreme Court Major Asa Bird Gardiner, of counsel for respondent, followed Mr. Liddy, opposing the petition on the ground that first, the Supreme Court has no jurisdiction to issue the writs prayed for, because its original jurisdiction is restricted to a case affecting ambassadors and other public ministers and consuls, and to those in which the State is party, and because under the Constitution it possesses no appellate power in any case unless conferred upon it by act of Congress; secondly, that "the general court martial which tried the petitioner had jurisdiction over the crime of which he was convicted and for which he was now serving his sentence; thirdly, that upon the facts stated there was no proper case presented to justify the issuance of the writs prayed for: fourth, that the general court martial having jurisdiction the sentence awarded was within its discretion under the articles of war. The ar gument was not concluded. Comptroller Knox has appointed Elisha T. Smith receiver of the First National bank at Buffalo, N. Y. The Cabinet to-day formally considered the Fitz John Porter case without coming to a conclusion and also discussed the question of American citizenship abroad. The Presi dent notified the Cabinet that he had concluded to send a message to Congress on the subject of the western cowboys. A member of the House Foreign Affairs committee is authority for a statement that the commitee are not much interested in the question of the extent of their authority to compel Shipherd to answer questions. They believe he has told all he knows of any importance and that his reticence on some points is only a part of his plan to create the impression that be is possessed of valuable unrevealed information. The House Committee on Patents to-day directed a favorable report to be made to the House on a bill providing that no action for damages or proceeding in equity shall be sus tained, nor the party held liable under sections 4,919 or 4,921 of the Revised Statutes, for the use of any patented article or device when it shall appear on the trial that the defendant in such action or proceeding purchased said article for a valuable consideration in the open market. The sixty-third anniversary of the founding of Odd Fellowship will be celebrated to-morrow by a parade and banquet. Specific instructions have been given to Lieutenant Healy, commander of the revenue steamer Corwin, to lay out a good season's work after the delivery of the crew of the Rodgers at Sitka. If practicable the Corwin will go as far as Point Barren; cruising until October 20 gathering geographical, nautical and cen.u statistics and protecting American fisheries.

13. May 19, 1882 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, May 19, 1882

Click image to open full size in new tab

Article Text

MINOR TELEGRAMS. The jail at Westminster, Maryland, was burned yesterday. The prisoners were savee. In DesMoines, Iowa, $2300 have been subscribed for the capture of the Irish Assassins. The Northwestern packing and provision establishment at east St. Louis was burned at midnight. Loss $10,000. No bid was made for the Sprague estate at auction yesterday, and the sale was adjourned without delay. Oliver Holt's woolen mills at Swarthmore, Pa., was burned last night with its contents. Loss $40,000. A. Porter Lee, president of the defunct First National Bank of Buffalo, N Y., was arrested yesterday on complaint of Receiver Smith in a suit to recover $200,000 belonging to depositors of the bank. Mrs. Helen M. Slocum of New York, a well known public speaker and leader of the woman suffrage part", is dead. Ex-City Treasurer Winans of Newark, N. J., was indicted yesterday for falsifying the books of his office. A serious fight among white miners at Harrisbury, Alaska, is reported and that a number were killed.

14. May 19, 1882 Morning Journal and Courier New Haven, CT
Article from Morning Journal and Courier, May 19, 1882

Click image to open full size in new tab

Article Text

A Bank President Under Arrest. BUFFALO, May 18.-R. Porter Lee, late president of the defunct First National bank, was arrested this afternoon by United States Marshal Lovel on an order issued by Judge Wallace at Utica, and on oath of Receiver E. T. Smith, F J. Lingua, of the Farmers' and Mechanics' bank. and Lewis Price of Newark, for misappropriating and embezzling $200,000 of the funds of the bank while president of that corporation. Mr. Lee will endeavor to furnish $100,000 bail.

15. May 20, 1882 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, May 20, 1882

Click image to open full size in new tab

Article Text

Crime. Lebanon, Ky., 18.-Rose Osborne, & colored woman, and her daughter 10 years old, were murdered by unknown persons last night. The former was killed with a billet of wood, and the latter's throat was cut in bed. Buffalo, 18.-R. Porter Lee, president of the wrecked First National Bank, was committed to jail on complaint of Receiver Smith in the United States circuit court, for embezzlement of $200,000. Mount Vernon, Ills., 18.-Charles W. Yost was killed by W. A. Smith, city Marshal, understood to be on account of a political quarrel. The murderer mounted a horse and rode away. A posse IS in search of him. Syracuse, 19.-Miss Holmer was found not guilty of murder. This accords with the popular view. Chicago, 19.-Inquiry by specials a d by the Associated Press develops the fact that there are DO utusual outrages by Mollie Maguires at Shamakin and thereabouts. The official reporting them was bogus news. Keokuk, 19.-The Constitution's Fort Madison special: The jury returned a verdict of murder in the first degree against Poke Wells and Cook, who murdered the jail guard, and a verdict of murder in the second degree against Fitzgerald, who was an accomplice. The trial has been the shortest on record, lasting only two days. Wells and Cook are to be imprisoned for life, and Fitzgerald's sentence will be determined by the judge.

16. May 26, 1882 The Daily Gazette Wilmington, DE
Article from The Daily Gazette, May 26, 1882

Click image to open full size in new tab

Article Text

MORNING SUMMARY. The Readjusters carried Petersburg, Va., by a large majority yesterday. The shoe finishers in some of the factories is at Montreal have struck for higher wages. The Common Council of Boston passed an e order last night fixing the pay of city laborers at not less than $2 per day. Andrew Neal, rowdy and horse thief, was d lynched by vigilants near Rockford, Washt ington Territory, on Monday last. n George Beecroft was killed yesterday in the Trenton Iron Works at Trenton, New Jersey, by his head being cut by coming in contact with a fly wheel. The Woman's Christion Union State Convention, of Michigan, in session at Detroit, voted on Wednesday in favor of female suffrage by 19 majority in a total vote of 113. Wood Reeder was killed and two other men were injured by the fall of an elevator platform in Newburgh, New York, yesterday. The elevator "was flimsily constructed." Major Charles Burdette, the dwarf of Forepaugh's menagerie, died yesterday at Pontiac, Michigan, of congestion of the lungs. He was 32 inches high and 32 years of age. William A. Hall, ex-clerk in the City Treasurer's office at Newark, N. J., who absconded recently after having,it is alleged, embezzled $35,000, was arrested yesterday in Toronto. The strike of the operatives of the Reading Cotton Mill, at Reading, is partially at an end. One hundred and fifty of the strikers resumed work yesterday at the reduced wages. Lewis T. Frye, the champion bicyclist of the United States had his skull fractured by being thrown from his bicycle, at Marlboro, Massachusetts, on Wednesday. It is feared he is fatally injured. The municipal election in Lynchburg, Virginia, held yesterday, resulted in the success of the Democratic ticket by 130 to 300 majority. The Readjusters and Republicans had united against the Democrats. A telegram from Milford, Massachusetts, says that Father Cuddihy, of that parish, has announced that he will not permit the Grand Army of the Republic to enter the Catholic cemetery on Decoration Day." The assignee of R. Peter Lee, ex-president of the defunct First National Bank of Buffalo, reports Lee's liabilities at $600,000, and his assets at $46,617. The liabilities include a suit for the recovery of $200,000 begun by the receiver of the bank. James Fitzgerald, on trial in Boston for fraudulently obtaining money from Charles Francis Adams by the "banco game," was yesterday convicted on three counts of the indictment. Hts counsel filed exceptions, which will be heard before the Supreme Court. By a fall of 20 tons of rock yesterday in a shaft of the new tunnel of the New York, Ontario and Western railroad at Union Hill, New Jersey, James Mulcair and Bartley Fox were killed and Charles Brown was severely injured. After the accident all the men in the tunnel quitted work. Another meeting of iron manufacturers was held yesterday in Pittsburg to consider the labor troubles, at which it was unanimously voted to resist the demands of the iron workers. The mills which will, doubtless, shut down as a consequence of this action, pay out nearly $2,000,000 in wages every month. William Brockway, alias Edward W. Spencer, and Charles H. Smith, alias Charles Smyth, were indicted by the Grand Jury in Washington for stealing bond plates from the vaults of the Bureau of Engraving and Printing. Brockway and Smith are implicated by a recent confession of the counterfeiter Doyle at Chicago. At a meeting of the creditors of the Providence Tool Company, held yesterday in Providence, Rhode Island, the property of the corporation was reported at $2,123,622, and its indebtedness at $1,117,943. It was resolved to appoint a committee to select three trustees to continue the manufacture of sewing machines for three years, unless they conclude that the profits do not warrant so long a continuance, and to continue the other branches of the business until the property and machinery can be judiciously disposed of.

17. May 26, 1882 New-York Tribune New York, NY
Article from New-York Tribune, May 26, 1882

Click image to open full size in new tab

Article Text

A BANKRUPTS ESTATE. BUFFALO, May 25.-A schedule of the assets and liabilities of R. Porter Lee, late president of the First National Bank, was filed this afternoon by the assignee. The liabilities are given at $600,000 and the assets at $46,617. The liabilities include the suit begun by the receiver of the bank to recover $200,000, and among the assets are shares of the San Juan Gold and

18. February 4, 1883 The Dallas Daily Herald Dallas, TX
Article from The Dallas Daily Herald, February 4, 1883

Click image to open full size in new tab

Article Text

will Suffer, BUFFALO, Feb. 3.-The receiver of the defunct First National bank obtained judgment for $148,957 against Herman Hall, now on bail, as accessory of President Lee, now in the peuitentiary, charged with the disposing of funds of the bank.

19. February 5, 1883 Sacramento Daily Record-Union Sacramento, CA
Article from Sacramento Daily Record-Union, February 5, 1883

Click image to open full size in new tab

Article Text

oners were placed in the dock. There was a painful pause when the witness Fitzsim- mons was called. The prisoners in the meantime shook hands with each other and joked among themselves, nodding to their friends. The reading of the charges that the prisoners did feloniously kill and slay Cavendish and Burke was greeted by the prisoners with loud laughter. Brady, O'Brien and McCaffrey were identified as the persons seen near the scene of the tragedy on the day of its occurrence. Fitzsimmons, who lodged in the house of Counsellor Carey, testified that he found secreted there the knives which the physicians swore could have made the rents in the clothing and wounds in the bodies of Cavendish and Burke. He was se- verely cross examined. His wife also identi- fied O'Brien and Brady. George G. Odder, a park ranger, identified Brady as one of the five men seen on a car the evening of the murder, and driving furiously. Powell, son of a small farmer, identified Brady and McCaffrey as lurking under the trees that evening. As each prisoner was identified there were loud exclamations in the Court- room, and the magistrate threatened to have it cleared. There was considerable commo- tion when all the prisoners were placed in the dock and remanded. ### Action of the French Senate. PARIS, February 33.-The Senate has de- cided that a committee on the expulsion bill shall be elected on Monday. The Right ad- vocated Monday, the Left Thursday, and the Left Center pronounced against the bill, but will compromise on a measure that is imper- sonal and general, and not directed against a particular personage. ### Plon Plon Bejected. PARIS, February 31.-During the removal of Prince Jerome to Auteul, a strong guard was placed about to prevent his escape. No visitors are allowed to enter the asylum where the Prince is placed. The prince has become very dejected. ### A Siberian Prisoner's Story. VIENNA, February 31.-A letter from a political prisoner in Siberia details the suf- ferings of the prisoners in the province beyond Lake Baikal. They are robbed, beaten and badly fed. The directors being informed, exclaimed it did not matter if the prisoners died of starvation. ### The Czar's Manifesto. BERLIN, February 3.1. - It is stated that the Czar has ordered the coronation manifesto to be ready for signature on the 20th of Febru- ary. ### The Salvation Army. GENEVA, February 3d. -The authorities of Neufchatel have prohibited evening meetings of the Salvation Army. ### A Steamship Lost. LONDON, February 3d-The steamship James Gray has foundered, and the officers and crew were lost. ### MISCELLANEOUS, The French Embassador at Vienna has re- signed. The Montreal fire was extinguished Satur- day morning, with little damage to the silk factory. Two students have been expelled from Austria, suspected of being concerned in the Socialist agitation at Berlir. The New York Mercantile Agency has pe- titioned Congress either to retire trade-dollars or make them on a par with the gold dollar. The Receiver of the defunct First National Bank of Buffalo has obtained a judgment for $148,957 against Herman J. Hall, now on bail as the accomplice of President Lee, now in the Penitentiary, charged with disposing of the funds of the bank.

20. August 18, 1883 The Delaware Ledger Newark, DE
Article from The Delaware Ledger, August 18, 1883

Click image to open full size in new tab

Article Text

bank, in cash, $40.000, and the proceeds of the draft were mingled with the other moneys in the bank. A bill in equity was filed against the insolvent bank and its receiver-Illinois Trust and Savings Bank of Chicago VS. First National Bank of Buffalo-in the United States Circuit Court for the Northern District ef New York, to en force the equitable lien of the Chicago bank for this special collection, but the bill was dismissed. Judge Wallace, in the opinion, said: "It was undoubtedly a fraudulent act by the Buffalo bank in its hopeless insolvency to mingle the proceeds of the draft with its own funds, 80 that all identity was lost The cases hold that if a trustee converts a trust fund into money and mingles the money with other moneys, so that it is indistinguishable, the beneficiary cannot follow his fund into the hands of an assignee in bankruptey or an executor of the trustee, but he must occupy the position of a general creditor. The right to follow a trust fund ceases when the means of ascertainment fail, as is the case here." -Reported for Phila. Rocord.