15016. Euclid Avenue Trust & Savings Company (Cleveland, OH)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
January 3, 1902
Location
Cleveland, Ohio (41.499, -81.695)

Metadata

Model
gpt-5-mini
Short Digest
fd563e0d3c8cc5d7

Response Measures

None

Description

Newspapers report heavy withdrawals/attempted run in early January 1902 tied to the Everett-Moore syndicate trouble; bank made use of the sixty-day rule and could not realize securities, then made an assignment to Frank H. Ginn (assignee/receiver) on 1902-01-10. Other local banks (People's Bank of Painesville) closed in sympathy. No articles indicate the bank later reopened; assignment/receivership indicates permanent closure.

Events (3)
1. January 3, 1902 Run
Cause
Local Shock
Cause Details
Heavy withdrawals driven by the financial embarrassment of the Everett-Moore syndicate (many patrons/stockholders connected), and inability to realize securities tied to that syndicate.
Measures
Invoked sixty-day rule for savings accounts; large specie/currency shipments received; public assurances and offers of aid.
Newspaper Excerpt
When the doors opened several hundred people were waiting...handed printed slips to the effect that the bank had decided to take advantage of the rule requiring sixty days' notice on the payment of all savings accounts.
Source
newspapers
2. January 10, 1902 Receivership
Newspaper Excerpt
Cleveland, Jan. 10.-The Euclid Avenue Trust and Savings Company, at 84 and 86 Euclid Avenue, made an assignment today to Attorney Frank H. Ginn. The latter's bond was fixed at $250,000 by Judge Bloch, of the Insolvency court.
Source
newspapers
3. January 10, 1902 Suspension
Cause Details
Bank could not realize on securities (including Everett-Moore-related holdings) rapidly enough to meet unusually heavy withdrawals, prompting assignment to an assignee/receiver.
Newspaper Excerpt
The Euclid Avenue Trust and Savings Company...made an assignment today to Attorney Frank H. Ginn. The assignee stated that the bank 'has been unable to realize upon its assets rapidly enough to meet the unusual demands which have been made upon it recently.'
Source
newspapers

Newspaper Articles (19)
1. January 4, 1902 The Washington Times Washington, DC
Article from The Washington Times, January 4, 1902

Click image to open full size in new tab

Article Text

TO COMPI LETE WORK PLANNED. Decision of the EverettMoore Committee. ATTEMPTED RUN ON DIME BANK. Cleveland Savings Institution Takes Advantage of Sixty-Day RuleBusiness in the Regular Department Goes on as Usual-Accounts Opened to Show Confidence. CLEVELAND. Ohio. Jan. 3.-The committee in charge of the Everett-Moore Syndicate's property spent the day in conference with creditors of the syndicate. It is the intention of the committee to carry on the properties of the syndicate on the lines planned by Everett and Moore. The committee thinks it will require eighteen months to settle the syndicate affairs, and all creditors will be paid every dollar due them. Cleveland people have accepted the situation. and anticipate tight money for some time to come. No Harsh Feelings. The best of feeling exists here toward the syndicate managers, and they have the sympathy of everybody in their misfortune. When people who have savings accounts in the Dime Savings and Banking Company applied for their money today they were handed printed slips to the effect that the bank had decided to take advantage of the rule requiring sixty dons' notice on the payment of all savTHES accounts. When the doors opened several hundred people were waiting. Those who had savings accounts gave formal notice of their desire to close the accounts and went on their way. Meanwhile, business went on as usual in the commercial department. Big Deposits Made. Several big deposits were made in the latter department during the morning. Captain Burdick, of Bowler & Burdick, opened an account in the firm's name by depositing $18,000. "I was simply doing this," said he. "to show my confidence in the stability of this institution." N. S. Possons. superintendent of the Brush Electric Company. opened a commercial account for $10,000; Daniel R. Taylor, real estate dealer, was another who opened a commercial account. Specie on Hand. An Adams Express wagon drove up about 10 a. m. It contained two small safes, which held $10,000 in gold. The safes were carried into the bank. A little later a messenger for the same express company arrived with $34,000 in currency, sent from Pittsburg, and soon afterward $24,000 more was received from the bank's Detroit correspondents. This had a marked effect on the crowd, which rapidly melted away. At noon only a score of people were in the bank, and not the slightest sign of excitement was apparent. Referring to the sixty-day rule, President Watterson said: "We do not expect at all to live up to the letter of this announcement. If any of our savings depositors want money in a few days-they will have no trouble in getting it. An Offer of Aid. Today President Watterson received this telegram from Mr. Stephen Baker, President of the Bank of Manhattan, of New York: "Can we loan you any money, or help you in any way?" Watterson replied that he had all the money necessary. The telegram was read to the depositors in the bank and on the street. Mr. Townsend said that a number of business men had offered assistance, and others who were holding unexpired loans had paid up. Townsend said there were $2,000,000 in saving accounts on deposit. There are 11,000 savings account depositors. Clause to Be Enforced. It having been agreed among the banks that any institution could reserve the right of insisting on the sixty-day clause regarding savings deposits it was decided to put this clause in force in the Euclid Avenue Trust and Savings Company.

2. January 10, 1902 The Seattle Star Seattle, WA
Article from The Seattle Star, January 10, 1902

Click image to open full size in new tab

Article Text

OHIO BANK ASSIGNS CLEVELAND, Ohio, Jan. 10.-The Fuelld Avenue Trust and Savings Company assigned this morning to Frank Ginn. Boon after the assignment Ginn Issued . statement saying that the bank was molvent and would pay dollar for dollar: but the concern assigned because It was unable to realize on its securities and meet the unusual demands recently made upon It. When the last statement was issued the company had a surplus of $65,000.

3. January 10, 1902 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, January 10, 1902

Click image to open full size in new tab

Article Text

BUSINESS REVERSES Rice Malting Company, Near Chicago, Suspends-Cleveland Bank in Trouble. Chicago, Jan. 10.-The P. M. Rice Malting company, operating one of the largest plants in the world at Cragin, near here, was placed in the hands of the Equitable Trust company as receiver today. The liabilities are $100,000; assets $375,000. President Rice stated today that the receivership was due to the failure of the company's best customers, the Colonial Brewing company, of New York, and a distillery in Kentucky. Cleveland, Jan. 10.-The Euclid/Avenue Trust and Savings company made an assignment today to Attorney Frank H. Ginn. The latter's bond was fixed at a quarter of a million. Subsequently Ginn made a statement saying the directors state that no depositor will lose a dollar. The bank is solvent. Its present embarrassment arises from the fact that its patrons have been unable to meet their obligations with sufficient rapidity to take care of the unusual withdrawals.

4. January 10, 1902 The Evening Times Washington, DC
Article from The Evening Times, January 10, 1902

Click image to open full size in new tab

Article Text

ANOTHER CLEVELAND FAILURE. Euclid Avenue Trust and Savings Company Closes Doors. CLEVELAND, Ohio, Jan. 10.-The Euclid Avenue Trust and Savings Company assigned this morning to Frank H. Ginn, with a bond of $250,000. The company in two days has reduced its liabilities from $2,200,000 to $1,400,000. Its book assets today are $2,000,000. It has a surplus of $100,000 and stockholders' stability of $500,000. The Euelid Avenue Savings Bank is a comparatively new bank.

5. January 11, 1902 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, January 11, 1902

Click image to open full size in new tab

Article Text

"Sympathy" Failure. Painesville, Jan. 11.-The People's bank of this city closed today on account of the suspension of the Euclid Avenue Trust & Savings company of Cleveland. Dr. H. C. Brainerd is vice president and G. H. Stewart a director of the local bank. A big run was expected on the bank this morning which It was thought it would be impossible to meet. The assignment was made to Harley Barnes, vice president of the Pierce Trust company of this city, No statement of assets and liabilities has yet been made. A statement issued by the bank October 1 last showed its total resources to be $230,640 capital stock paid in, $50,000; individual deposits, $173,640: undivided profits, $7,000.

6. January 11, 1902 Evening Star Washington, DC
Article from Evening Star, January 11, 1902

Click image to open full size in new tab

Article Text

FAILURE ANOTHER BANK PEOPLE'S BANK OF PAINESVILLE, OHIO, CLOSED. Suspension Due to the Troubles of Euclid Avenue Company of Cleveland. PAINESVILLE, Ohio. January 11.-The People's Bank of this city closed its doors today, on account of the suspension of the Euclid Avenue Trust and Savings Company of Cleveland. Dr. H. C. Brainard is vice president and C. H. Stewart a director of the local bank. A big run was expected on the bank this morning, which it was thought would be impossible to meet. The assignment was made to Harley Barnes, vice president of the Pioneer Trust Company of this city. No statement of assets and liabilities has yet been made. A statement issued by the bank October 1 last showed its total resources to be $230,640; capital stock paid in, $50,000; individual deposits, $173,640; undivided profits, $7,000. G. G. Grant. one of the directors of the bank, made the following statement today: "There is no reason why the bank should not pay every dollar. This bank was run independent of the Cleveland bank, and its securities are independent. It is impossible to realize quickly on securities, on account of close connections, but we have less than $500 with the Cleveland bank." CLEVELAND, January 11.-President Brainerd has given out the following statement concerning the condition of the affairs of the Euclid Avenue Trust and Savings Company: "I am sure that the bank is in a solvent condition and that the depositors will not lose one penny which the bank holds in trust. The stringency in financial circles made it impossible for the bank to meet the heavy demands made on its commercial accounts. Among the large depositors were many small banks, which require large amounts of money at this time of the year. The deposits failed to keep pace with the withdrawals from this source, which by no means were abnormal, and the assignment was the result."

7. January 11, 1902 Santa Fe New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe New Mexican, January 11, 1902

Click image to open full size in new tab

Article Text

SANTA FE, N. M., SATURDAY, JANUARY 11, 1902. ANOTHER CLEVELAND DR. RICHARD ANTHONY NAVAL EXPERIMORMON COLONIES BANK CLOSES DOWN IS ACQUITTED MENT STATION IN MEXI The People's Bank Oloses Its Doors on AcHe Had Been Charged With High Treason Senator Hale Has Introduced a Bill count of the Suspension of the Euclid by the British at Capetown, Who AlExample of What Intelligent Pl Avenue Trust and Savings leged That He Had Extended to Follow the Example of Can Accomplish in the Aid to the Boers. Company. Germany. Arid Region. A BIG RUN HAD BEEN EXPECTED ANTHONY IS A CITIZEN OF ONLY $400,000 ASKED FOR THAT COULD NOT HAVE BEEN MET 5,000 MORMON SETTLE THE UNITED STATES Painesville, Ohio, Jan. 11.-The PeoThe Building Is to Be Part of the Naval Washington, Jan. 11.-A cablegram, They Have Planted Prosperous Colonie ple's Bank of this city closed today on received by the state department from Academy at Annapolis, Maryland-It the States of Chihuahua and Sonora account of the suspension of the EuUnited States Consul General Bingham Will Deal With Naval Engineering They Overcame Successfully clid Avenue Trust and Savings Comat Capetown, announced the acquittal Problems of Interest. pany of Cleveland. A big run was exGreat Obstacles. and release of Dr. Richard S. Anthony, who has been on trial there on the pected on the bank this morning, which Washington, Jan. 11.-At the instance it was thought it would be impossible charge of high treason and aiding the Dr. R. G. Lambert, who repres to meet. The assignment was made to of the navy department, Senator Hale enemy. Anthony is an American citithe Deseret News of Salt Lake, introduced a bill intended to carry out Harley Barnes, vice president of the zen, but lived for some time in South who stands high in Mormon coun Pierce Trust Company. No statement the long-cherished plan of naval englAmerica, where he married a Boer wospent yesterday in Santa Fe on his 1 was made of the assets and liabilities. neers, especially Engineer-in-Chief man. Mrs. Anthony is at present in to the Mormon colonies in Mexico f The statement issued by the bank on Melville, to provide a navy experimenChicago. where he will visit the colonies in I October 1 last, rebelved Total resources tal plant OF the first class, somewhat zona and New Mexico. The trip on the lines of the magnificent German $230,640; capital stock paid in $50,000; take him about two months and he naval experimental plant at Charlotindividual deposits $173,640; undivided promised to write the New Mexican OFFICIAL MATTERS. tenberg, which has been of such beneprofits $7,000. G. G. Grant, a director, interesting letter later descriptive made the following statement: "There fit to the German navy. The bill prothe Mormon settlements of Ramah POSTOFFICE ESTABLISHED vides for an appropriation of $400,000 is no reason why the bank should not Valencia county, and Fruitland, A new postoffice has been established pay every dollar. This bank was run for the construction of a building at Juan county, after his visit to th at Rountree, Guadalupe county, with independent of the Cleveland bank, and the naval academy at Annapolis and colonies. The work of the Mormons special service from Liberty. its securities are independent." its equipment, to deal with engineering Mexico was described to a New M min ROAD on

8. January 11, 1902 The News & Observer Raleigh, NC
Article from The News & Observer, January 11, 1902

Click image to open full size in new tab

Article Text

OHIO BANK ASSIGNS The Euclid Avenue Directors Say no Customer Will Lose a Dollar. (By the Associated Press.) Cleveland, Ohio, Jan. 10. .-The Euclid Avenue Trust and Savings Company, at 84 and 86 Euclid Avenue, made an assignment today to Attorney Frank H. Ginn. The latter's bond was fixed at $250,000 by Judge Bloch, of the Insolvency court The assignee stated that the bank "has been unable to realize upon its assets rapidly enough to meet the unusual demands, which have been made upon it recently. The directors state that no depositor and no customer of the bank will lose a dollar, and that the bank is solvent, and that its present embarrassment arises from the fact that its patrons have been unable to meet their obligations to the bank with sufficient rapidity to take care of the unusual withdrawals.' According to the last published statement of the bank, issued October 1st, 1901, the capital stock paid in amounted to $500,000; total resources $2,964,002, individual deposits $2,197,773; surplus funds $65,000. It is stated the bank carried about $120,000 in the securities of the Detroit and Toledo line, which recently passed into the hands of receivers. As a result of the financial embarrassment of the Everett-Moore Syndicate, it is understood that the bank found it impossible realize upon these securities.

9. January 11, 1902 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, January 11, 1902

Click image to open full size in new tab

Article Text

FOLLOWS THE EUCLID Painesville, Ohio, Bank Closes Its Doors Without Statement. Painesville, Qhio, Jan. 11.-The People's bank, of this city, closed its doors today on account of the suspension of the Euclid Avenue Trust and Savings company at Cleveland. No statement of assets or liabilities is given out.

10. January 11, 1902 The Savannah Morning News Savannah, GA
Article from The Savannah Morning News, January 11, 1902

Click image to open full size in new tab

Article Text

CLEVELAND COMPANY ASSIGNS. Euclid Avenue Trust in Trouble Because of Failure of Everett Moore Syndicate. Cleveland, Jan. 10.-The Euclid Avenue Trust and Savings Company, at 84 and 86 Euclid avenue, made an assignment to-day to Attorney Frank H. Ginn. The latter's bond was fixed at $250,000 by Judge Bloch of the Insolvency Court. The assignees stated that the bank "has been unable to realize upon its assets rapidly enough to meet the unusual demands which have been made upon it recently. The directors state that no depositor and no customer of the bank will lose a dollar and that the bank is solvent and that its present embarrassment arises from the fact that its patrons have been unable to meet their obligations to the bank with sufficient rapidity to take care of the unusual withdrawals." According to the last published statement of the bank, issued Occt. 1, 1901, the capital stock paid in amounted to $500,000; total resources, $2,964,002: individual deposits, $2,197,773; surplus fund, $65,000. It is stated the bank carried about $120,000 in the securities of the Detroit and Toledo Line, which recently passed in the hands of receivers. As a result of the financial embarrassment of the Everett-Moore syndicate, it is understood the bank found it impossible to realize upon these securities.

11. January 11, 1902 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, January 11, 1902

Click image to open full size in new tab

Article Text

CLEVELAND BANK IS FORCED INTO THE HANDS OF A RECEIVER Cleveland, O., Jan. 10.-The Euclid Avcapital stock paid in amounted to $500,000; total resources, $2,964,002; individual deenue Trust & Savings company made an posits, $2,191,773; surplus funds, $65,000. assignment today to Attorney Frank R. It is stated the bank carried about $120,Ginn. The latter's bond was fixed at 000 in the securities of the Detroit & To$250,000 by Judge Bloch of the insolvency ledo line, which recently passed into the court. hands of receivers. As a result of the Subsequently Mr. Ginn made the folfinancial embarrassment of the Everettlowing written statement: Moore syndicate It is unde tood the bank The directors of the bank decided to found it impossible to realize upon these make an assignment for the benefit securities. of all the creditors for the reason that the bank has been unable to realize upon its assets rapidly enough to Cleveland, O., Jan. 10.-United States meet the unusual demands which have Judge Wing today appointed Albion E. been made upon it recently. The diLang of Toledo receiver of the Lake rectors state that no depositor and no Shore & Electric Railway company, on customer of the bank will lose a dolapplication of Valentine, Clark & Co. lar, that the bank is solvent and that of Chicago. The Lake Shore Electric its present embarrassment arises from the fact that its patrons have been is one of the Everett-Moore roads. The unable to meet their obligations to the railway property has already been surbank with sufficient rapidity to take rendered to the receiver along with the care of the unusual heavy withdrawbooks and all the property of the comals. The bank has liquidated during the pany. Attorney Walker of the syndipast three months from $3,200,000 to $1,cate was in the court when the receiv400,000 deposits, and the assignee will ership was granted. He said that the merely continue the liquidation under uncompleted part of the system would the orders of the court, be rapidly completed. This action was FRANK H. GINN, (Signed) taken with the knowledge and acquiesAssignee. cence of the bankers' committee of According to the last published stateseven. ment of the bank, issued Oct. 1, 1901, the

12. January 11, 1902 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, January 11, 1902

Click image to open full size in new tab

Article Text

UNRAVELING A TANCLE EVERETT-MOORE COMMITTEE 15 OPTIMISTIC Bonds Will Be Sold to Satisfy Claims of Some Anxious CreditorsMoney for Workmen Is Not Available. CLEVELAND, Ohio, Jan. 10.-Regarding the situation in the affairs of the Everett-Moore syndicate the bankers' committee tonight stated that word had been received from Cincinnati assuring the committee of confidence in the outcome of the syndicate's affairs. The committee is in communication with a large number of miscellaneous creditors, many of which are yet to be heard from. A subcommittee has gone to look over the condition of the syndicate's traction companies. Which these were would not be disclosed. The main desire of the committee is to dispose of sufficient bonds to enable it to pay off a nmber of the smaller creditors, who are necessarily anxious. Mr. Newcomb, chairman of the bankers' committee, is authority for the statement that the Sandusky division of the Detroit & Toledo Short line had $40,000 on deposit in the Euclid Avenue Trust and Savings company, which went into the hands of a receiver today, and said that unless some other way of obtaining money was devised that the employes of that division to whom the money was to be paid for labor, would have to wait.

13. January 12, 1902 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, January 12, 1902

Click image to open full size in new tab

Article Text

All World Over NEWS IN NUT SHELL FROM EVERY NOOK OF THE EARTH Dallas, Tex., Jan. 11.-Granville P. Mead of Fort Worth, Texas, has been appoined by the federal court receiver of the Standard Light and Power company of Dallas, upon application of the General Electric company of New York. Concordia, Kan., Jan. 11.-A. E. Patterson, ex-city treasurer of Clyde, was found guilty today in the district court of embezzling $5,000 of the city's money. Atlanta, Ga., Jan. 11.-A proclamation calling for a "McKinley Day" will not be issued by Governor Candler, because under the laws of the state he is not authorized to issue such a proclamation. Sault Ste. Marie, Mich., Jan 11.-The home of Henry Plaunt, was destroyed by fire early today and the eleven inmates barely escaped with their lives. Four members of the family were horribly burned in making their escape from the house. Knoxville, Tenn, Jan. 11.-It has been decided to present Admiral Schley a handsome gold and silver loving cup on the occasion of his visit here February 5 and 6. Birmingham, Ala., Jan. 11.-The Opera House hotel, First avenue and 19th street, was partially destroyed by fire early today. The house was full of guests, but all escaped without injury. Washington, Jan. 11.-A cablegram received at the state department from United States Consul General Bingham at Capetown announced the acquittal and release of Dr. Richard S. Anthony, who has been on trial there on a charge of high treason and aiding the enemy. Springfield, Ky., Jan. 11.-Jim Mays, colored, charged with assaulting a white girl, was hanged by a mob today. London. Jan. 11.-The papers here announce that the coronation of King Edward will be marked by an international tournament in London, in which the world's champions in boxing, wrestling, fencing and other branches of sport will compete. Painesville, O., Jan. 11.-The People's Bank of this city closed its doors today on account of the suspension of the Euclid avenue Trust and Savings company of Cleveland. Richmond, Ind., Jan. 11.-It is announced today that by gifts from Sarah Hollingsworth and Zacariah Stanley, late prominent Indianans, $40,000 has been added to the endowment of Earlham college. St. Louis, Jan. 11.-The car sheds of the Bellefontaine division of the St. Louis Transit company, were burned today and a large number of summer cars destroved. The loss is estimated at about $60,000; fully insured. Santiago de Chili, Jan. 11.-Via Galveston.)-The extradition treaty between Chill and the United States has been approved by the Chilean congress. Pottsville. Pa., Jan. 11.-Reports of the eight mine inspectors of the anthracite coal regions show that only about one-fifth of the miners and laborers are American born.

14. January 12, 1902 The Washington Times Washington, DC
Article from The Washington Times, January 12, 1902

Click image to open full size in new tab

Article Text

CASHIER NOT AT HIS HOME. Euclid Trust Company Officer Seeks Rest. ADVISED BY FIRM'S ATTORNEY. Had Been Bearing Heavy Burdens of Responsibility for Some Time, It Is Asserted - Many Rumors Afloat in the City. CLEVELAND, Jan. 11.-C. H. Stewart, treasurer of the Euclid Avenue Trust and Savings Company, which assigned on Friday, has not been at the bank's office since Thursday evening. At his home, Kenilworth, on Euclid Heights, it was said that he was ill, and that Dr. Brainard, the president of the bank, was treating him. This the doctor emphatically denied, saying that he attended Stewart's wife. W. L. Rice, attorney for the Euclid Avenue Trust and Savings Company, said today: "Mr. Stewart is out of the city. I know where he is. He said he was ready to return to the city whenever I deemed it wise for him to do so." Thought Best to Leave. "Is it a fact, Mr. Rice, that Stewart left the city because of the bank failure?" he was asked. "Well, he left because he believed it would be best. It would have been very unpleasant to remain to face the criticisms and remarks of the people who say unkind things on such occasions. I have been in direct communication with him today, and he can be here in a day or two if I wish it. He would come tomorrow or the day after." "Has his absence any significance?" "None, other than I have stated, I thin .ot Told of Departure. K. E. Gill, one of the directors, had not been informed of Stewart's departure. "If it is true that Stewart has left the city, then I am very much surprised," said Gill. "I know of no reason for his going away, except that most of the fight for the last month has fallen on his shoulders. When the bank's doors closed he may have felt like getting away from people. "A man does not like to face people and answer questions at a time like that. Stewart is a great worker, and has had to shoulder most of the responsibility. I know of no other reason for his leaving the city." Many Rumors Afloat. All sorts of rumors are afloat regarding Stewart's sudden disappearance, and all that is definitely known is that he has disappeared. This bank assigned as the result of heavy withdrawals occasioned by the Everett-Moore syndicate trouble, these men having been stockholders. All the New York creditors of the Everett-Moore syndicate, It is said, have agreed to extend the time of payment on their claims eighteen months, and have

15. January 12, 1902 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, January 12, 1902

Click image to open full size in new tab

Article Text

Another Ohio Bank Fails. Painesville, O., Jan. 11.-The People's bank of this city closed today, on account of the suspension of the Euclid Avenue Trust & Savings company of Cleveland. Dr. H. C. Brainerd is vice president, and C. H. Stewart a director of the local bank. A big run was expected on the bank this morning which it was thought it would be impossible to meet. The assignment was made to Harley Barnes, vice president of the Pierce Trust company of this city. No statement of assets and liabilities has yet been made.

16. January 13, 1902 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, January 13, 1902

Click image to open full size in new tab

Article Text

NEWS IN OUTLINE. Jim Mays, a negro, attempted to rape a white girl near Springfield, Ky., and a mob hanged him in a high school yard. The People's Bank of Painesville, O., has closed in consequence of the suspension of the Euclid Avenue Trust and Savings company at Cleveland. All creditors will probably be paid. Articles of incorporation of the Omaha, Kansas and Gulf Railroad company have been filed with the secretary of state of Nebraska. Andrew Carnegie has offered the city of Columbus $150,000 for library purposes, provided, etc. The thirty-sixth annual convention of the Bricklayers' and Masons' International Union opened at Pittsburg today. Burglars entered the residence of Mrs. Everhard Fuller at New York and stole $6,000 worth of Jewels. Receiver of Taxes John Koellner, of New Rochelle, N. Y., is under arrest, having confessed a shortage of perhaps $7,000. Henry C. Payne, of Milwaukee, the new postmaster general, passed through Chicago Saturday on his way to assume his duties. Chicago teachers have started a new tax fight and declare they will defeat traction franchise extensions if dues are not fully paid. French national revenues for December show a deficit of $1,654,368, making a total for the year of $46,830,440. An international sporting tournament is being arranged in England to take place during the king's coronation festivities. Deputy Marshal J. N. Hollenback and his son were shot, and the former was killed, by alleged moonshiners Saturday near Martinsboro, Ala. Miss Helen Gould is at St. Louis, and nothing in the Dridge City is too good for her.

17. January 16, 1902 The San Juan Islander Friday Harbor, WA
Article from The San Juan Islander, January 16, 1902

Click image to open full size in new tab

Article Text

NEWS OF THE DAY FROM THE FOUR QUARTERS OF THE WORLD. Comprehensive Review of the Important Happenings of the Past Week Presented in a Condensed Form Which Is Most Likely to Prove of Interest to Our Many Readers The Iowa legislature is in session. W. L. Eaton, of Osage, was elected speaker of the house. Tom Horn, the noted scout and Indian fighter, is in jail at Cheyenne, Wyo., on a charge of murder. One of the professors of anatomy at Ann Arbor has discovered that the soul is located in the spinal column. The president has decided on the nomination of George W. Biber as receiver of the land office at Oregon City, Ore. 2 According to La Presse, the battleship Eassena is outfitting at Brest to take President Loubet to St. Petersburg to return the visit of the Russian czar to France. King Oscar and the Swedish government have decided to present a bill to parliament permitting Iceland to have an independent ministry with headquarters at Reikiavik, its capital. It has been decided to present Admiral Schley a handsome gold and silver loving cup on the occasion of his visit to Knoxville, Tenn. At Yokohoma a report has been received from Seoul, Corea, to the effect that Russia, without awaiting Koere's permission, has pushed its telegraph line across the Toomen river into Korean 1 territory. The Euclid Avenne Trust and Savings Company, of Cleveland, O., has assigned. It is stated that improvements to be made on the Baltimore & Ohio system during the year will cost at least $50,000,000. New York, Chicago and Boston capitalists, includiug J. K. Morgan, have purchased a controlling interest in the Sovereign Bank of Canada; capital, $2,000,6 000. Pending an investigation which is now being instituted, Gen. Wood has suspended Miguel Gener, the mayor of Havana. Twenty-three councilmen of Havana have petitioned Gen. Wood to remove the mayor. Fire Monday morning destroyed a row of wooden business buildings at La Grande, Ore. Loss abont $14,000; insurance about half that sum. George Norris, editor of the Nanaimo, B. C., Free Fress, probably the oldest active newspaper man in British Columbia, died Monday afternoon, of congestion of the lungs. Private telegrams from Warsaw announce the death of Jean de Bloch, counsellor of state of Russia, political economist and railroad expert. A bill granting Mrs. McKinley franking privileges for all her correspondence has been favorably reported in the house. Similar privileges were bestowed on Mrs. Tyler, Mrs. Lincoln, Mrs. Grant, Mrs. Hayes, Mrs. Garfield and Mrs. Logan. News of the wrecking of the fishing schooner Ajax at Welcome pass and of the drowning of one of the owners named Henry Olson, has been brought 3 to Victoria by the steamer Native.

18. January 16, 1902 Rosebud County News Forsyth, MT
Article from Rosebud County News, January 16, 1902

Click image to open full size in new tab

Article Text

NEWS IN BRIEF. Overflow From the Wires in a Condensed Form. Smallpox caused the closing of the Richview (III.) schools. Lerona Bell was scalded to death in a pail of water at South Bend, Ind. Ames Boyce, a pioneer of McHenry county, Ill., is dead, aged eighty years. Mrs. Nancy Taylor, aged fifty-six years, burned to death at Muncie, Ind. Suicide is alleged. The extradition treaty between Chile and the United States has been approved by congress. Admiral Schley held a public reception at Savannah, Ga., and received a delegation from Columbus, Ga., inviting him to visit that city. It has been decided to present Admiral Schley a handsome gold and silver loving cup on the occasion of his visit to Knoxville, Tenn., Feb. 5 and 6. The north half of the opera house block at Fayette, Mo.. including the opera house, was destroyed by fire, causing an aggregate loss of $80,000. Dr. Lapponi, the personal physician of the pope. is authority for the statement that the pontiff has not in years enjoyed such perfect health as at present. The People's Bank of Painesville, Ohio, has closed its doors on account of the suspension of the Euclid Avenue Trust and Savings Company of Cleveland. Herbert Reasoner and Fred Foorman, both members of leading families, were arrested at Muncie, Ind., and confessed to burglarizing the First Baptist church. James Burgess was killed and two companions injured by the explosion of a blast in the mines of the Webster County Coal and Land company at Lehigh, Iowa. Andrew Carnegie has offered the city of Columbus, Ohio, $150,000 for library purposes, provided a suitable site is furnished free and the council appropriates $20,000 annually for its maintenance. It is announced at Richmond, Ind., that, by gifts from Sarah Hollingsworth and Zachariah Stanley, late prominent Indianans, $40,000 have been added to the endowment of Earlham college. The discovery of oil in Texas in an entirely new field is said to have increased the wealth of Former Gov. Hogg over $8,000,000, he owning in fee simple 270 acres of land of the 400 acres composing the elevation on which the oil is found.

19. January 23, 1902 Reporter and Farmer Webster, SD
Article from Reporter and Farmer, January 23, 1902

Click image to open full size in new tab

Article Text

General. Smallpox caused the closing of the Richview (III.) schools. Wisconsin university will send two boat crews East this summer. Phillips, the young Chicago speculator, has been forced to the wall. A project to build a stadium for the Olympian games is Chicago is proposed. An important capture of a large Fillnipo force has been effected in Batangas. Senators Allison and Dolliver were re-elected to the senate by the Iowa legislature. Emperor William will christen his new yacht Alice, in honor of Miss Alice Roosevelt. The prolongation of the Boer war has caused a heavy demand on the markets of the United States. The Chicago board of trade adopted resolutions approving Dewey's verdict in the Schley controversy. Atlantic liners recently sustained wireless telegraphic conversation for three days in mid-ocean. Daughters of the Confederacy in Kentucky have asked the legislature to suppress "Uncle Tom's Cabin." Richard Croker has retired from the leadership of Tammany Hall, and Lewis Nixon was chosen as his successor. decided to present ral a handsome It Schley has been gold and his Admi- silver visit loving cup on the occasion of to Knoxville, Teun., Feb. 5 and 6. The People's Bank of Painesville. its doors on the of the Ohio, suspension has closed Euclid account Avenue of Trust and Savings Company of Cleveland. United States signal service has in a communication telegraphis succeeded The establishing between wireless one of the Florida keys and the coast of Cuba. Andrew Carnegie has offered the city of $150,000 Columbus, provided Ohio, suitable for library site purposes, a is furnished free and the council appropriates $20,000 annually for its maintenance. It is announced at Richmond, Ind., gifts from Sarah HollingsZachariah Indianans, $40,000 worth prominent. that, by and Stanley, have been late added to the endowment of Earlham college. The discovery of oil in Texas in an enfield is said to the of Former over tirely wealth new Gov. have Hogg increased 270 he in fee land of the 400 acres acres $8,000,000. of owning oil simple composing is found. the elevation on which the Ex-Gov. James D. Porter has been elected chancellor of the University of He was a few ago of the elected Nashville. president Peabody months the official Normal college, and is now head of both institutions, which are conducted as one. Bay company, capital was incorporated at $1,000,000. The Tanamo Trenton, is to The object of the company raise cane. New York: B. erick N. J. sugar de Saldo, Incorporators: Anthony FredVanderkeift and Gonzalo C. Vanderkeift of East Orange. S. Hobbs inwas declared in corporated, The Robert company, insolvent N. of chancery at Trenton, J. manufactures paper at N. J. Samuel the The Beverly, court CC mpany Courley, wall that Jr., a stockholder and creditor, alleges it has liabilities of about $50,000. North German Lloyd company has the biggest in The ordered steamship the Atthe and the first to cross less than five days. new be christened the lantic vessel world, in will The Kaiser $3. 11. The vessel will cost and will carry 570,000, Wilhelm 2,000 passengers and a crew of 545 men. Etruria of Cunard line came to her The recently steamship dock the in rough New showing many signs she had in crossing. rail on her voyage York promenade of the Most deck of was having been away by wave which her an the forward immense gone, washed struck Thursday morning. It now develops that William Godof Louisville, who aas killed at Ky., after from a had his life Greensburg, dard hunting trip, returning named insured ben- for His father was as A fortune teller his about six weeks ago, death eficiary. $35,000. predicted and Goddard then took out half a dozen policies. A proclamation calling for a "Mcwill not be of Georgia, because, Kinley Candler Day" issued authorized under by Gov. the laws of the state, he is not to issue such a proclamation. He will, however, through the press of the state, urge the people to observe Jan. 29. McKinley's birthday, as a memorial day.