15061. First National Bank (Dansville, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
75
Charter Number
75
Start Date
August 25, 1887
Location
Dansville, New York (42.561, -77.696)

Metadata

Model
gpt-5-mini
Short Digest
c3bc5d06

Response Measures

None

Receivership Details

Depositor recovery rate
22.2%
Date receivership started
1887-09-08
Date receivership terminated
1892-05-13
OCC cause of failure
Fraud
Share of assets assessed as good
27.5%
Share of assets assessed as doubtful
13.2%
Share of assets assessed as worthless
59.2%

Description

The First National Bank of Dansville (NY) suspended on/around Aug 25, 1887 due to insolvency discovered in its books; a receiver (Charles L. Bingham) was appointed and criminal charges/embezzlement accusations followed, indicating permanent failure. No newspaper article describes a depositor run prior to suspension—cause is bank-specific insolvency/embezzlement.

Events (6)

1. September 4, 1863 Chartered
Source
historical_nic
2. August 25, 1887 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was insolvent; discrepancies between reported assets and actual deposits; books stolen; allegations of false sworn statements by officers and large embezzlements uncovered later.
Newspaper Excerpt
The First National Bank of Danvsille, closed its doors to-day.
Source
newspapers
3. August 26, 1887 Other
Newspaper Excerpt
The Controller of the Currency has been officially advised of the suspension of the First National Bank of Dansville, N. Y. and he has instructed Bank Examiner Getman to proceed to Dansville and take charge of the bank's affairs.
Source
newspapers
4. September 8, 1887 Receivership
Source
historical_nic
5. September 10, 1887 Receivership
Newspaper Excerpt
Charles L. Bingham, the present receiver was appointed...; Charles S. Bingham has been appointed receiver of the First National Bank of Dansville, N. Y., which is insolvent.
Source
newspapers
6. March 24, 1888 Other
Newspaper Excerpt
Gen. Lester B. Faulkner, director, and Leonard Kuhn, cashier, of the defunct First National Bank of Dansville, were brought here Thursday charged by Receiver Bingham with embezzlement.
Source
newspapers

Newspaper Articles (14)

Article from The Indianapolis Journal, August 26, 1887

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BUSINESS TROUBLES. Grovesteen & Pell, New York Brokers, Compelled to Make an Assignment. NEW YORK, Aug. 25.-Grovesteen & Pell, the firm whose hypothecated securities were offered under the rule yesterday, notified the Stock Exchange, shortly after the opening this morning, that they had made an assignment to P. W. Harding. The announcement was expected after yesterday's developments, and had no effect ou the market. There were many rumors current, however, that they had dragged down other houses by their failure, but all parties mentioned deny that they lose enough to cause them trouble. The president of the Bank of New York, where the firm kept its accounts, said: "We have a loan with Grovesteen & Pell, but have not certified a single check for them, and our loss in consequence of their failure will not be serious." A few hundred shares of stock were sold out for account of the firm after the suspension was announced. At the office of Grovesteen & Pell, the doors were all locked and the knob was taken off the door to the main office. There was no response to calls or knocks, and other parties in the building stated there was no one in the office. The estimates of liabilities vary, some placing them as high as $1.800.000, while friends of the firm state that $80,000 in cash would settle everything. Their assets are nominally placed at $2,000,000, but the bonds which compose them have no ready sale, and some of them are actually valueless. ROCHESTER, N. Y., Aug. 25.-The First National Bank of Danvsille, closed its doors to-day. The bank had a capital of $50.000. and the surplus given by the last report was $22,000. ELMIRA, N. Y., Aug. 25.-The wholesale grocery house of W. J. Lormore & Co. closed its doors this morning. Liabilities about $80,000.


Article from Rock Island Daily Argus, August 26, 1887

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CONDENSED NEWS. The First Nationalal bank of Danvilie, N. Y., suspended Thursday. National bank depositories now hold $20,254,204 of government funds-the largest amount ever held by them at one time. William C. H. Swift has brought an action for $300,000 on promissory notes against the Great Sierra Consolidated Silver company. The peach, pear, and grape crops along the Hudson river will be large, and the apple crop much heavier than was antictpated. Luther A. Furlong, who was arrested by the sheriff of Lake county, Mich., under the impression that he was McGarigle, has sued that official for $5,000 damages. B. T. Richardson, the Loup City, Neb., editor who shot and killed his newspaper rival, O. B. Willard, several months ago, has been acquitted of the charge of murder. A well on the Martin farm, near Oil City, Pa., which was "struck" June 22 last, has yielded to date 145,000 barrels of oil, netting the owner a profit of $98,000. The well is still flowing at the rate of fifty barrels an hour. The governors of Kansas, Colorado, Ohio, Wisconsin, and Minnesota have revoked their quarantine proclamations against Illinois cattie except as they apply to Cook county. The Iowa and Wyoming proclamations have also been modified. The first of a-series of public meetings to be held in the province of Quebec in favor of commercial union with the United States took place at Shefford Wednesday night. Speeches were made in English and French and much enthusiasm was manifested. Forty thousand persons are expected to attend the German Roman Catholic convention to be held in Chicago next month. Archbishop Feehan has declined the invitation to preach the opening sermon on the plea that he will be unavoidably absent from the city. Frazier and Stewart, who have been sent by the Dominion government on an observation tour through the northwest territory, report that shocking destitution prevailed at Fort Chippenyan and along the Mackenzie river last winter. Many persons died of starvation, and cannibalism was resorted to to some extent.


Article from New-York Tribune, August 27, 1887

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WASHINGTON NOTES WASHINGTON, Friday, Aug 26. 1887. APPOINTMENT-Acting Secretary Maldrow has appointed Thomas W Fitzgerald of New York, a member of the Board of Peasion Appeals THE PAYMENT OF NTEREST.-Applications were PA. colved at the Treasury Department to-day for prepayment of interest on registered bonds amounting to $4,815,900. making the total to date $79,559,500 THE DANSVILLE BANK The Controller of the Currency has been officially advised of the suspension of the First National Bank of Dansville, N. Y. and he has instructed Bank Examiner Getman to proceed to Dansville and take charge of the bank's affairs. FORFEITED LANDS,-Acting Land Commissioner Stock slager to-day took the necessary steps to carry into effect Secretary Lamar's recent order directing the restoration to settlement and entry of the unapproved indemnity selections of the California and Oregon Railroad Company in California, about 750,000 acres.


Article from West Virginia Argus, September 1, 1887

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GENERAL NEWS CONDENSED. HOME AND FOREIGN Eastern and Middle States A NEW political party is to be started. Philadelphia being selected as its birthplace, the main object being Do check undosirable im migration. It will be known as the Ameri can party. REAR ADVIRAL THOMAS T. CRAVEN, of the United States Navy, retired. died at the Charleston Navy Yard, at Boston. Mass., a few days ago, of heart disease, aged 80 years. A NEW YORK pilot-boat lost three of her men during A heavy gale. JUDGE POTTER of the New York Supreme Court, has granted a stay of proceedings to Jacob Sharp. The condemned ex-President of the Broadway Horse-Car Company has been incarcerated in Ludlow street jail, New York, awaiting a decision. The stay was granted on the ground that part of the evidence on Sharp's trial was inadmissible, The case now goes to the New York Court of Appeals. THE First National Bank, of Dansville, N. Y., has suspended. THERE were 912 delegates in attendance at the New York State Prohibition Convention, held in Syracuse. A ticket was nominated, headed by D. W. C. Huntington for Secretary of State, and a platform adopted in conformity with the principles of the party. This makes the third ticket already in the field in New York. SYLVANUS H. SWEET. nominated by the United Labor party at Syracuse for State Engineer and Surveyor of New York, has deolined. A BOILER explosion in a corn-canning establishment at Gorham, Me., killed John Hamlin and fatally injured Frederick Hamblen. A third man was severely hurt. ALL branches of trade in Philadelphia are reporting greatly increased business.


Article from New-York Tribune, September 10, 1887

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DANSVILLE'S BROKEN BANKS. HEAVY LIABILITIES AND NO ASSETS. -HSVM JV INGTON-HOW POOR PEOPLE WERE VICTIMIZED. SHI ao V ] . eq 01 stuees PLACE STATE "2 ades kind of cradle of Napoleons of Finance," remarked a prominent citizen to-day; and recent events turnish ample foundation for the statement. Ferdinand Ward was born not far from here; and his method of con. add Build 07 $8 08 becouses Suijueq U Suppoup collapse with large liabilities and no assets appears to be the favorite one in Dansville. Three years ago the citizens were startled by the tailure of the Bank of Dansville, owned by the Bradner family, and now the only remaining bank, that owned by the Faulkner family, bas gone the same way. The first faiture swept away about $200,000 of the earnings of the townspeople, and Ward himself could not have done the work better, as there proved to be practically no assets. The money of widows and -dtsip new business our 10 the BB Пом we sueqdao peared no one knew where. What brought about the failure was not discloseu, but the bank officials have managed to live in good style ever since. They were indicted, as they continued to receive deposits long after the bank's insolvency, according to its books. But only President Bradner has yet been tried. He was convicted and sentenced to State Prison, and for a few days was actually behind the iron bars. But he had abundance Of money with which to employ able counsel, and like u Jake" Sharp, he managed in that way to get a stay pending an appeal for a new trial. The General Term decided against him, but the case is still pending before the Court of Appeals, and in the meantime President ano drinks oup up u! daily, while his associates have not yet been tried. oqm new our quith deeling up Palay 9,MBT 041, "gutted" the Bank of Dansville appears to have contributed largely in bringing on the heads of the people here another similar disaster. The Bradners and the Faulkners were the two old and leading tamilies of the place, both supposed to be rich. They have long dominated it in business and politics, making it a Democratic town in polities, and owing to their monopoly of business facilities exerted an influence which retarded its growth in a commercial 7841 thele 04 enp SUM 11 *08098 Dansville is not on the direct line of the Erie road to Rochester instead of on a small branch running down from Avon and ending here. They had an interest in the old canal which made it undesirable to them to have a railroad come this way. Manufactures have been discouraged, 80 that it it were not for the Sanatorium, a splendid fire-proof building on the hillside, accommodating 400 patients or guests, Dansville would seldom be heard of by the outside world. The Bradners owned one bank and the Faulkners the other. Both have gone down in disgrace. President Bradner 18 under the shadow of the State Prison and President Faulkner is wanted by the Sherift, but cannot be found and is reported to be in Canada. Up to this time no oue except the bank officials and vossibly the bank examiner knows the full extent of the disaster brought on the place by the failure of the First National Bank, owned by the Faulkners. -YO you seep 11 " 0000000 reach Procebly II!" 11 ang имоня SE 181 08 assets, our 01 BV 'mns that peep you op FIND U 88 deposites ous pus 'evou 9.18 there 08 u! lind siq1 to reliters OM 7700 e 108 07 cape -deems 0094 10 place e u! 'ewn . short ing out of existence all its banking facilities, might #11 10 Suven 01 disabler Bu:iq 01 experted 00 men, but 80 far these has not been a failure. Bat there are many cases of great distress among poor people. Several employes of the Sanatorium who had the savings of years deposited in the bank lose their all. A poor widow lost $1,200, all she bad. Another widow who had, atter years of waiting. been altowed a pension, had just received the arrears and "11" 11 loses 08/100 10 "4" "Mueq or,1 UI 11 persoded though the officials knew when they received the wood V '01878 11 107 аелен prom eys 1441 Aenour man had just sold his house and deposited the money, and numerous cases of the kind ate daily coming to light. The circumstances connected with this failure are pus ouo Drevious eq: JO redection Touxe ue assome Requires ent 49 percedxe SEM 11 the group ou There were rumors for weeks, not to say months, of the weakness of the bank, but tue people put conup pus others[s] 811 10 statement UJOMS eqf at couepy the examinations conducted under the Controiler of the Currency at Washington. They were grievously misled by the department at Washington, and it is evident that it would be far better to abolish the examinations conducted under Controller Trenholm it that up pus 0880 this "II se BE OJB short of the Fidelity Bank at Cincinnati. From the toundation of the First National Bank in 1864 up to March last, it had on deposit $35,000 of the Canal Sinking Fund. Controller Chapin withdrew this money nearsolvency eq1 94 because oNe x19 &; of the bank. And yet the examiner from Washington came here after the withdrawal of that money and reported the bank as in good condition. The last published statement gave the condition of the bank at the close of business May 13, and showed resources of $145,465 to meet $37,777 of deposits subject to 41 "}jsoden 40 cortinents pummer 009'98 pas now turns out that the deposits, instead of being $43,000, were at the time of the failure about $200,000 and the resources an unknown quantity. As the department at Washington has taken no measures to institute criminal proceedings-the depositors having done all that has been done in that direction -the people here want to know it the Washington authorities think it no crime to swear to false statements. James Faulkner swore :0 that statement as president, and the names of Lester B. Faulkner, our uo words Milliams 'H 3 pus somer sworn statement as directors. Lester B. Faulkner, who since his effort to boom Roswell P. Flower for President has not been heard of in State politics, was one of the principal stockholders and directors in the bank. He asserts now that he disposed of his stock some time ago to his brother, and that he did not know much about the bank's business and that he did one euros 0883 TRUE "I statements 1881 on uSe you must have torged his name. But the people here do not appear disposed to let General Faulkner escape liability. notwithstanding these statements on his part He seems to have retained sufficient interest to -intodds one thd pus A11 01 01 or ment of a receiver, and Mr. Getman, the bank examiner now here. appears to be his warm friend. The day the bank closed its doors mortgages were recorded in the County Clerk's office covering for their full value all the property owned by President Fauikner Last September he gave a mortgage for $10,000 on part of this property to James W. Wadsworth for borrowed money. Mr. Faulkner, as a special tavor, asked Mr. Wadsworth not to record the siq DAVE pus "yneq eqf the pinom " SB "an The 909 prom ou the Jonoy 10 prom was fully protected. Mr. Wadsworth trusted Mr. Faulkner's bonor, only to discover while absent in the email our Faulditer Prosident 7541 18PM property for its full value to another person, which syruom 1841 10 peaqu recorded SRM before to Mr. Wadsworth. Some of the books of the bank were carted away at night after the failure, and the index to the big ledger was found by the roadside


Article from New-York Tribune, September 11, 1887

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WHAT IS SAID OF THE DANSVILLE BANK FAILURE. WASHINGTON, Sept. 10 (Special).-The letter in THE TRIBUNE this morning from Dansville, severely criticising the action of the Controller of the Currency in connection with the recent failure of the First National Bank of that place, has been read with interest by Treasury officials. Controller Trenhoim is out of town on his annual leave. Deputy-Controller Abrahams discharges the duties of Controller in his absence. Mr. Abrahams denied to-day that any xity on the part of the department was the cause of the failure. He has, he says, the greatest confidence in the integrity and acumen of Bank Examiner Getman, who made the last examination before the final collapse of the bank. Mr. Getman has for many years been an examiner, and according to Mr. Abrahams. was here when Controller Trenholm entered other. Mr. Abrahams also denied that Lester B. Faulkner had had anything to do with the appointment of a receiver. Charles L. Bingham, the present receiver was appointed, he says, upon the recommendation of a committee of depositors. who first wanted a Dansville man appointed, but readily approved Mr. Bingham. Mr. Bingham is a lawyer and banker as Mt. Morris, about seven miles from Dansville, aud Deputy"Controller Abrabams has the fullest contidecce in him. As to the failure ot the department to presecute the directors and officers of the onk who swore to false statements, he preferred to say nothing, intimating that it would be unwise to disclose for the present the nature of the information in nossession of "his office. The department, he added, would use its best efforts to secure a speedy and satisfactory settlement of the bank's affairs. The discrepancy between the deposite, as certified by Examiner Getman on May 13, and as actually outstanding against the bank at the time, Mr. Abrahams seemed unwilling to explain.


Article from New-York Tribune, September 22, 1887

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ARREST OF GEN. L. B. FAULKNER. HIS WORK WITH THE DANVILLE BANK. ALL HIS REAL ESTATE MADE OVER TO HIS WIFEHELD IN $20,000 BAIL [BY TELEGRAPH TO THE TRIBUNE.) DANSVILLE, Sept. 21. -General Lester B. Fauikner, brother of President James Faulkner of the First National Bank, was arrested last evening by Deputy United States Marshal Bennett. of Weedsport, assisted by Deputy Sherift McNeill. The two officers remained with him until this morning when he was taken to Buffalo for examination by United States District-Attorney Lockwood. The warrant for bis arrest was eworn out by Bank Examiner Getman and charges General Faulkner with complicity, as one ot the directors, in wrecking the bank. On Tuesday General Faulkner filed for record in the Livingston County Clerk's office a mortgage to his wite to secure $41,800 and interest to January 2, 1888. To-day another mortgage was filed for record between the same parties for the same amount. These mortgages apparently cover Faulkner's real estate here and elsewhere. The first mortgage is dated August 22, two days before the bank closed, and acknowledged the day after. The second mortgage was dated September 20. A chattel mortgage of $3,000, covering all Faulkner's personal property here, was filed in the town clerk's office to secure his wife. Promissory notes varying from $10,000 to $15,000 have been heard from in various parts of the State, notes made by the bank or by Lester B. Faulkner, or James Faulkner or by their friends for their use and in. dorsed by one or more of them. These notes were negotiated for the bank by James Faulkner as prest dent, by Leonard Kuhr as cashier, and some by Lester B. Faulkner as director. James Faulkner, the late president, was taken up in Toronto the other day as a suspected character, photographed for the rogue's gallery and sent out of the city. It is reported that he returned to this vicinity to-uight. The receiver here has little hope that any depositor will receive a single dollar. All the books of the bank for fifteen years up to March 1 were stolen from the bank before the receiver gained possession. Leater B. Faulkner was held in $20,000 to appear before the United States Commissioner at Buffalo next Monday. The bonds were turnished by his wife.


Article from St. Landry Democrat, September 24, 1887

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THE LATEST NEWS. Events of Importance at Home and Abroad. The representatives of the Union Pacific and Northern Pacific railroads have met in New York to confer on an agreement to divide territory so that neither company shall build branch lines into each other's territory. Acting Land Commissioner Stockslager has prepared a statement showing that the estimated number of acres restored to the public domain under the August orders of the Secretary of the Interior, revoking indemnity withdrawals, is 21,233,600, exclusive of 1,513,000 acres within the limits of Indian reservations. This embraces the roads in regard to whech restoration orders have thus far been issued. A telegram from Washington says the statistician of the Department of Agriculture, in the September report, gives a statement of the cotton product tested by distribution, which shows that his final estimates, made seven months before the close of the commercial year, have indicated the crop within a fraction of one per cent. four years out of five since 1881. The year S movement just closed, amounting to 6,505,080 bales, according to the National Cotton Exchange record, verifies the department estimate of last February, which was 5,460,000 bales, while all other authorities made lower figures. The casting of thestem of the United States steamer Charleston, now being built at San Francisco, has been successfully accomplished. The stem weighs full 16,000 pounds and is said to be the largest casting ever made on this continent. A committee appointed by the creditors of Whiteley, Fasseler & Kelley, of Springfield, O., have recommended that they accept fifty cents on the dollar from Whiteley, Fasseler & Kelley, and that the holders of the paper of the Champion Machine Company, which had been negotiated by Whiteley, Fasseler & Kelley, accept fifty cents on the dollar. All local creditors have accepted the proposition. The total amount of indebtedness, including the Champion Machine Company's accommodation paper. is, in round numbers, three and a quarter millions. Several weeks ago Rev. Thomas Edwards, aged eighty-four years, and for half century a resident of Pittsburg, disappeared mysteriously from his home. A letter has been received from him dated Carmartheshire, Wales, in which he stated that he proposed to remain there for the rest of his days, but assigned no reason for his sudden departure. Reports have been received at the Department of State from Chili to the effect that cholera is spreading rapidly in that country. Treasury Agent Tingle, who has charge of the seal islands of Alaska, reports that during the past year 104,829 seals were killed and 100,000 skins accepted as good. He estimates the number of breeding seals at about 4,000,000. He reports the capture of ten schooners forillegal sealing, five of them British, with total of 5,300 skins seized. He estimates that 30,000 seals have been taken by marauders during the past year, and this although only one seal out of ten killed is secured. The Brooklyn Standard-Union has published a long story going to show that Dr. McGlvnn was really excommunicated without a hearing. It asserts that Cardinal Gibbons, for reasons connected with the Knights of Labor position, and the location and management of the proposed Catholic university, suppressed the defense of McGlynn, which, according to the story, had been placed in his hands by Dr. Burtsell to present to the Propaganda at Rome. The story goes on to say that Bishop Moore, of Florida, who has from the first strongly espoused the cause of McGlynn, has had many interviews with Cardinal Gibbons concerning the controversy, and there is more than a probability now that the case will be reopened. The Alfred Adams, a British Columbia sealing schooner, was seized some time ago in Behring sea by the United States revenue cutter Rush, and her sealskins and fishing tackle were taken away. A prize crew was put on board and the captain was ordered to navigate the schooner to Sitka. After parting company with the cutter, however, the captain headed the Adams for Victoria, British Columbia, where she arrived a few daysago. The prize crew could do nothing, as it consisted of only two men against the crew of the Adams. Spade Sunshine, a Cherokee Indian, has been executed at Tahlequah, Indian Territory, for the murder of Long John, another Indian, on Christmas night last. John Thomas Ross, colored, has been hanged in Baltimore for the murder of Emily Brown, white, an old woman whose body he sold to the Maryland University of Medicine for dissecting purposes. An examination by the surgeons in charge at the university showed that the skull had been fractured, and the wounds from a knife led to the discovery that the woman had been murdered, and the arrest and conviction of Ross followed. Lapp, Goldsmith & Co., liquor and tobacco dealers of Louisville, have made an assignment. Their liabilities are estimated at $100,000; assets nominally, $30,000. Charles S. Bingham has been appointed receiver of the First National Bank of Dansville, N. Y., which is insolvent. Chaplain C. C. McCabe, secretary of the board of missions of the Methodist Episcopal Church, has received from Elijah Hayes and wife a bequest of their property in Warsaw, Ind., valued at $130,000. The property comprises their entire possessions. Mr. Hayes asked only an annuity of $500, which, however, was made $1,000. Colonel Thomas o. Sully, aged seventy years, chief inspector of the Cotton Exchange at New Orleans, has committed suicide.


Article from The Abbeville Press and Banner, October 5, 1887

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LATER NEWS. TWENTY-FOUR coal boats belonging to the Pittsburg coal combination, and valued at $3,000 each, sank at Willow Grove, Penn. GENERAL L. B. FAULKNER was arrested at Buffalo, N. Y., on the charge of fraud in connection with the suspension of the First National Bank, of Dansville, of which his brother, now supposed to be in Canada, was President. MINNEAPOLIS is shocked at six sudden deaths in a week, two of them suicides. BY the collapse of a grain loft in thestables of a Cincinnati street railroad, ten horses were buried and suffocated. ASSEMBLY 6302, Knights of Labor, of Chicago, has adopted a resolution declaring the Supreme Court's decision in the Anarchists' trial unjust, and urging Governor Oglesby to pardon the prisoners. Numerous other appeals for executive clemency have been sent to the Governor. GENERAL WILLIAM PRESTON, Minister to Spain under Buchanan's Administration, and representative of the Confederate States in England, died a few days since at Louisville, in his seventy-second year. "REGULATORS" of Southern Indiana, known as "White Caps" from their wearing white masks, have again became very active, and on one night recently whipped seven men with hickories. About seventy Regulators were in the band. A FIRE in the Northwestern Ohio oil fields burned over many acres. FIFTY THOUSAND inhabitants of Messina, Italy, have fled from that city on account of cholera.


Article from Rock Island Daily Argus, March 24, 1888

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BUFFALO, N. Y., March 24.-Gen. Lester B. Faulkner, director, and Leonard Kuhn, cashier, of the defunct First National Bank of Dansville, were brought here Thursday charged by Receiver Bingham with embezzlement. Faulkner is charged with embezzling $50,000, but it is believed the figure will reach $150,000, Kulin is charged with taking $10,000, but it may reach $20,000. Faulkner was bailed out for $20,000 and Kuhn for $3,000, and the case set down for Tuesday next at 2 p. m.


Article from Reporter and Farmer, March 29, 1888

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Gen. Lester B. Faulkner, director, and Leonand Kuhn, cashier of the defunct First National Bank, of Dansville, were taken to Buffalo, charged by Receiver Bingham with embezzlement. Faulkuer is charged with embezzling $50,000, but it is believed the figure will reach $150,000. Kuhn is charged with taking $10,000, but it may reach $20,000. Faulkner was bailed out for $20,000 and Kuhn $3,000.


Article from Hillsboro Recorder, April 5, 1888

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WORLD AT LARGE. PEN PICTURES PAINTED BY A CORPS OF ABLE ARTISTS. What is Going on North, East and West and Across the Water-The Coming Eurepean Storm. The French steam Britannia appeared in New York with small-pox on board. The heaviest storm of the season has been raging in Wales and the west of Scotland. The pilot boats Phantom and Enchantress are believed to have been lost in the lucent blizzard. Abner Ingalls Bergen, late president of the Pacific National Bank of Boston, Mass., a noted defaulter, has died in Canada. Prince William's general health is bad, and he has been advised to make a tour of Scotland and Norway in the Spring, if the duties of the regency permit. Rev. T. W. Pratt, one of the best known ministers in the Southern Presbyterian Church, and at one time president of the Central University of Kentucky, died at Louisville. Three officials of the broken Shackamaxon Bank, of Philadelphia, Pa., have been sentenced to imprisonment-one for a year and three months and the two others for a year and six months. Ex-Governor John T. Hoffman, of New York, who was one of the "Tweed ring" and whom they intended to run for the presidency of the United States, died of heart disease at Weisbaden, Germany. King Leopold, of Belgium, is about to visit President Carnot of France. His object is to obtain the sanction of the government to the issue of a lottery loan in Paris in furtherance of the Congo, Africa, scheme. In the first district court at Provo, Utah, sixteen Mormons were sentenced for living with more one than wife, contrary to the provisions of the Edmunds law. Most of them were given six months in the penitentiary and fined three hundred dollars. Ex-Governor William Dorsheimer, of Buffalo, N. Y., died at Savannah, Ga., of Bright's disease. The governor was traveling South for his health, accompanied by his wife. He was formerly U. S. District Attorney at New York City, and resigned to accept the position of editor of the N. Y. Star. Deputy Abrary was mortally wounded in a duel near Pesth, Hungary, by Herr Pulszky. The trouble was occasioned by the refusal of Abrary to separate from his wife, and marry Madame Pulszky, who was formerly a leading Hungarian actress. The lady threw hrself into the Danube, but was rescued. She afterward took poison and died. Gen. Lester B. Faulkner, of Dansville, N.Y., was arraigned in the United States District Court on an indictment of twentyfour counts, charging him with embezzling $150,000 from the First National Bank of Dansville. His brother James, the absconding president of the bank, has returned from Canada and has made a clean breast of the affairs of the bank before the United States grand jury. Under these disclosures Gen. Faulkner has been arrested.


Article from The Pioneer Express, April 6, 1888

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Gen. Lester B. Faulkner. director, and Leonand Kuhn, cashier of the defunct First National Bank. of Dansville, were taken to Buffalo, charged by Receive Bingham with embezzlement. Faulkuer is charged with embezzling $50,000. but it is believed the figure will reach $150,000. Kuhn is charged with taking $10,000, but it may reach $20,000. Faulkner was bailed out for $20,000 and Kuhn $3,000.


Article from The Helena Independent, March 21, 1890

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Faulkner Must be Dead. ROCHESTER. March 20.-C. L. Bingham, receiver of the First National bank of Dansville, pronounces the report that Lester B. Faulkner is alive and in Mexico DE without the least particle of truth. Rev. Ward, who officiated at Faulkner's funeral, also says he is dead. He saw the body after death.