Vermont National Bank (St Albans, VT)

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Vermont An Agent to Take Charge. WASHINGTON, Aug. 6. - -The comptroller of the currency has sent an agent to take charge of the Vermont National bank at St. Albans which suspended to day.

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HARD times seem to have struck New England amidships. The failures of last week in Boston and Brockton, Mass., were supplemented yesterday by the suspension of the Vermont National bank of St. Albans, heretofore regarded as one of the most conservative and substantial financial institutions in New England. The causes of the failure, depreciation in railroad stocks and other securities and unfortunate speculations, are evidences that even in Vermont the speculative mania is dominant among those who have the handling of other people's money.

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THE ST

ALBANS FAILURE. The Trust Company Likely to Pay Depositors in Full-Mr. Barlow Trying to Sell the Southeastern Railway. ST. ALBANS, Aug. 8.-There is nothing new today regarding the affairs of the Vermont National Bank and Trust Company. Treasurer Burgess states that from what he knows of its condition the Trust Company undoubtedly will be able to pay depositors fully in time, but it could not now stand any extensive run. He could not say when they would be able to resume. President Brainard said today he was doing all in his power to make depositors secure and declared all his transactions had been straightforward. The whole question seems to be whether Barlow's creditors will push Brainard to the wall or be lenient. Barlow left for New York last night and it is reported he expects to obtain relief by the dis posal of the Sontheastern. It is claimed however by the Montreal papers that he is handicapped by an arrangement with the Canadian Pacific, which virtually owns the Southeastern, and no move can be made without its consent. A Montreal paper says an offer of $4,000,000 has been made for the Southeastern exclusiva of the rolling stock and it is understood matters will be soon arranged by this offer being accepted. It is believed here that if the sale of the road can be negotiated the depositors in the National Bank will be safe. The only new point in the Barlow failure is that Finance Inspector Dewey's visit this afternoon resulted in a brief investigation and the deferring of further examination of the Trust Company by him till the National Bank inevstigation is completed. Before he left town, however, the inspector spoke guardedly but somewhat encouragingly of the depositors' prospects, announcing his conviction that if matters were not forced to a settlement the Trust Company will pay dollar for dollar or nearly that portion. A receiver will undoubtedly be appointed when the examiner has completed his work.

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BUSINESS TROUBLES

The Effect of the Recent Failures on Business Throughout New England. ST. ALBANS, Vt., Aug. 8.-Regarding the affairs of the Vermont National Bank and Trust company, Treasurer Burgess states from what he knows of its condition that the Trust company undoubtedly will be able to pay its depositors fully in time but could not now stand any extensive run. He could not say when they would be able to resume. President Brainard said he was doing all in his power to make the depositors secure, and declared that all his transactions were straightforward. The whole question seems to be whether Barlow's creditors will push Brainard to the wall. or are lenient. Barlow has left for New York. It is reported that he expected to obtain relief by the disposal of Southeastern. It is claimed, however, by Montreal papers that he is handicapred by an arrangement with the Canadian Pacific, which virtually owns the Southeastern, and no move can be made without its consent. A Montreal paper says an offer of $4,000,000 was made for the Southeastern road, exclusive of the rolling stock, and it is understood that matters will be soon arranged by this offer being accepted. It is believed here if the sale of the road can be negotiated the depositors in the National bank will be safe. Finance Inspector Dewey, who is examining the Trust company's books, is in clined to the belief that the depositors will be cared for, as he thinks the only trouble is Brainard's endorsement for Barlow, which may be met without wrecking the company. No serious trouble is reported yet among the St. Albans merchants, though some have been hard pressed on account of dealing in checks on the Vermont National. The First National is in condition to help bridge over the disaster, and can easily raise $200,000. The financial standing of the owners puts them to trouble, on account of the extra demand beyond question. Gov. Hendees' examination of the Vermont National bank is not yet completed, but nothing has been found to change the opinion that the depositors will be paid fully. BOSTON, Aug. 8.-Henry Daniels, stock broker, has suspended in consequence of the failure of Watson, the stock broker, who failed Tuesday. The liabilities of Daniels are small. Late this afternoon the business friends of Watson came to his assistance and it is hoped an arrangement can be made which will enable him to resume to-morrow.

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BUSINESS TROUBLES

The Vermont National Bank Embezale, meat. ST. ALBANS, VT, August 8 - Regarding the affair of the Vermont National Bank and Trust Company, Treasurer Burg-88 states that from what he knows of its condition the Trust Company will undoubtedly be able 10 pay depositors fully in time, but could not now stand any extensive run. He could not eay when they would be able to resume. President Brainard said he WAS doing all in his power to make depositore 86cure, and declared all h's transictions to be straightforward. The whole question ap. pears to be whether Birlow's creditors will push Brainard to the wall or be lenient.

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BUSINESS TROUBLES

The Effect of the Recent Failures on Business Throughout New England. ST. ALBANS, Vt., Aug. 8.-Regarding the affairs of the Vermont National Bank and Trust company, Treasurer Burgess states from what he knows of its condition that the Trust company undoubtedly will be able to pay its depositors fully in time but could not now stand any extensive run. He could not say when they would be able to resume. President Brainard said he was doing all in his power to make the depositors secure, and declared that all his transactions were straightforward. The whole question seems to be whether creditors will Barlow's push Brainard to the wall. or are lenient. Barlow has left for New York. It is reported that he expected to obtain relief by the disposal of Southeastern. It is claimed, however, by Montreal papers that he is handicapred by an arrangement with the Canadian Pacific, which virtually owns the Southeastern, and no move can be made without its consent. A Montreal paper says an offer of $4,000,000 was made for the Southeastern road, exclusive of the rolling stock, and it is understood that matters will be soon arranged by this offer being accepted. It is believed here if the sale of the road can be negotiated the depositors in the National bank will be safe. Finance Inspector Dewey, who is examining the Trust company's books, is in clined to the belief that the depositors will be cared for, as he thinks the only trouble is Brainard's endorsement for Barlow, which may be met without wrecking the company. No serious trouble is reported yet among the St. Albans merchants, though some have been hard pressed on account of dealing in checks on the Vermont National. The First National is in condition to help bridge over the disaster, and can easily raise $200,000. The financial standing of the owners puts them to trouble, on account of the extra demand beyond question. Gov. Hendees' examination of the Vermont National bank is not yet completed, but nothing has been found to change the opinion that the depositors will be paid fully. BOSTON, Aug. 8.-Henry - Daniels, stock broker, has suspended in consequence of the failure of Watson, the stock broker, who failed Tuesday. The liabilities of Daniels are small. Late this afternoon the business friends of Watson came to his assistance and it is hoped an arrangement can be made which will enable him to resume to-morrow.

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The St

Albans Bauk Failure. ST. ALBANS, Vt., Aug. 8.-Regarding the affairs of the Vermont National Bank and Trust Company, Treasurer Burgess states that from what he knows of its condition the Trust Company will undoubtedly be able to pay depositors fully in time, but could not now stand any extensive run. He could not say when they would be able to resume.

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THE ST

ALBANS FAILURES. The failure of Bradley Barlow has long beencanticipated. It was generally understood that he had embarked all his resources in his Southeastern railroad, and the shaky financial character of that enterprise was widely known. But that Mr. Barlow's failure would lead to that of the Vermont National bank of St. Albans, of the St. Albans Trust company and of a man reputed as wealthy as Lawrence Brainerd, was wholly unexpected by the general "public. The combined failures must result in widespread loss and trouble, and will undoubedtly rank among the most disastrous in the history of the State. There are some points about them that demand examination. First, as to the National bank. This was for all intents and purposes Mr. Barlow's private property and he seems to have so regarded it. Of its capital stock of $200,000, he owned $187,000, leaving only an insignificant amount for the six gentlemen who with himself constituted the board of directors. The bank's deposits were. Mr. Barlow says, about $330,000. Mr. Barlow becoming financially involved, the directors advanced him ($319,000 on bonds of the Montreal, Portland & Boston railroad. The sum was very much larger than the capital of the bank and/almost'as as the entire amount of its doposits. The' Montreal, Portland & Boston railroad is a part of the Southeastern system and runs from Montreal to Sheldon, in this State. Its bonds have absolutely no market value whatever. They may intrinsically be worth par, but at the present moment they are absolutely valueless, and have been SO for a long time past. So, therefore, the directors of the bank appear to have advanced nearly all its funds, aside from its capital stock, on wild-cat securities to a man notoriously involved, financially. The result is that the bank is ruined, its capital is lost beyond all hope, and its depositors will have to endure a long delay and, probably, a final heavy loss. The whole thing shows the glaring evil of running a National bank on the one-man) principle. The case under consideration is not by any means the first on record, nor will it be the last, unless some decisive step is taken to remedy the matter. The man wl.o owns the bank names his own directors and they suffer him to manage the bank as he pleases. They haveno realinterest and presumably pay butslight attention to their official duties. On the other hand, the people see a list of prominent and responsible townsmen announced as directors of the bank, and their names give them confidence in the institution and they entrust their hard earnings to its care. And at last the explosion comes, and the people find that money has gone to the support of some reckless speculator and that the men in whom they trusted were mere dummies, simply giving the use of their names. Such a eystem of banking is a shame and a scandal, and it ought to be done away with. As to the St. Albans Trust company, its affairs have not, at the moment of writing, been made very clear. Mr. Lawrence Brainerd, its president, has made an assignment of all his property for its benefit, however, and from this it would look as if its funds, too, had gone into Mr. Barlow's ill-starred speculations. If such proves to be the case, the thing is even more flagrant than that of the National bank. The care of the money belonging to the working and poorer classes is a sacred trust, and its investment ought to be surrounded with every possible safeguard. Too great caution can not possibly be used. These facts are too familiar and too obvious for argument. And yet the managers of the St. Albans Trust company appear to have been as loose and careless in their methods

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There is mourning in St

Albans, Vt., on account of the suspension of the Nermont National Bank and St, Albans Trust Company of that place. The suspensions were caused by unsuccessful railroad investments made by Bradley Barlow, president of the Vermont National Bank, whose notes were indorsed by Lawrence Braiuard, president of the St. Albans Trust Company. The deposits of the former bank were $120,000, and the depositors are promised the full amount as soon as the business can be wound up.

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THE Vermont National Bank, of St. Albans, has suspended, owing to the failure of its president, Bradley Barlow, which was caused by unsuccessful railway speculation.

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Trying to Secure Depositors

ST. ALBANS, Vt., August 8.-Regarding the affairs of the Vermont National bank and trust company, Treasurer Brainard stated from what he knows of its condition the company will undoubtedly be able to pay depositors fully in time, but could not now stand any extensive run. He could not say when they would be able to resume. Brainard said he was doing all in his power to make depositors secure.

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Late State and Vicinity.

A military company has been organized at Poultney.

Barnum's circus will be in Rutland Tuesday, September 25.

Ex-Gov. Page of Rutland has presented a claim of from $20,000 to $30,000 to the directors of the Rutland railroad.

The dwelling house of Collamer Persons, at East Poultney, was destroyed by fire Tuesday night; loss, $800. The fire caught from a lamp.

The Spiritualist campmeeting at Queen City Park, Burlington, opened on Tuesday. New buildings have been erected and various improvement made.

E. L. Underwood, employed in the St. Johnsbury and Lake Champlain railroad shops at St. Johnsbury, was struck on the head and neck by the lever of a jackscrew, Tuesday morning, and instantly killed.

The body of Timothy F. Griswold till recently of the firm of Griswold & Frissell, insurance agents, Burlington, was found in the lake off that city, Thursday. How he met his death is not yet known. He left home Wednesday.

There is to be a fireman's muster and hose race at Factory Point, Manchester, Aug. 30. The prizes aggregate $400, divided as follows; First prize, not to exceed 60 men, $200; second prize, not to exceed 40 men, $100. Hose prizes: First prize, $50; second prize, $30; third prize, $20.

The town of Wilmington is consideraby stirred up over a $10,000 libel suit brought by a local clergyman against a young doctor and townsman for defamation of character. It is the culmination of a petty scandal that has agitated society in that place for a number of months and has developed lots of bad blood and temper.

A meeting of railroad officials, representing the Grand Trunk, Central Vermont, and Northern, Concord and Lowell railroads, was held at St. Albans, Saturday, to arrange for a fast freight and passenger service between Boston and Chicago. The arrangement goes into effect the 20th. Passenger trains will run through in 40 hours.

Vermont agricultural fairs: Franklin county at Sheldon, 29th-31st; Rutland county at Rutland, September 5-7; Union exihibition at St. Albans, September 5-7; State and Champlain Valley association at Burlington, September 10-14; Mad River Valley at Waitsfield, September 18, 19; Caledonia county at St. Johnsbury, September 18-20; Poultney Industrial society at Poultney, September 18-20; White River Valley at Bethel, September 18-20; Dog River Valley at Northfield, September 25-27; Orange county at Bradford, September 25-27; World's at Tunbridge, October 2-4.

A mob of 15 men, young, old, respectable and rough, at Winoski village, Saturday night, chased the only policeman of the village, John Debarge, into Greenleaf's drug store where he hid and the store was locked. Members of the crowd called, "Kill him." Greenleaf telephoned for help. Sheriff Barton and two Burlington policeman drove over and the crowd wilted without resistance. To appease them Debarge was carried toward Burlington by the sheriff as if going for the jail, but he was released on the way. Afterward a warrant was issued for his arrest, but he was not found. He is supposed to have skipped town. The trouble arose by village trustees hiring policemen at $25 per month. An ignorant and pompous French Canadian, recently imported, made numerous blunders and aroused indignation.

Hon. George W. Hendee of Morrisville has been appointed receiver of the suspended Vermont National bank at St. Albans. The directors of the St. Albans Trust company state that the business will be closed up and a receiver appointed. They do not apprehend that depositors will lose anything in the end.

A New York syndicate has been examining the Southeastern road with a view to its purchase. The latest information regarding the negotiations is contained in the following dispatch from St. Albans to the Springfield Republican: "George R. Chapman, the representative of the New York syndicate, who, with his counsel, engineer, auditor and corps of railroad accountants and experts, has been making a thorough examination of the Southeastern railway, has completed the main portion of his work and decided to report to the syndicate in favor of its purchase. There is little reason to doubt that the purchase will be completed within the thirty days for which they have the refusal. The price to be paid is not known further than that it is sufficient to pay all the liabilities of the road and Barlow's in Canada, and leave a surplus which will probably be large enough to adjust Barlow's affairs in this country."

Plenty of rumors are floating about Rutland in regard to the financial embarrassment of the Dorset Marble company and other large concerns. As far as can be learned, these rumors are without a foundation in fact, as the Dorset Marble company is probably sound and solvent. The rumors have gained currency because ex-Gov. Page, who is a large stockholder in the Dorset Marble company,

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Negotiations Regarding the Southeastern Railway.

Receiver Hendee, of the Vermont National bank of St. Albans, is in Montreal for the purpose of conferring with parties acting in the interest of the Canadian Pacific railway. In the event that the Canadian Pacific, Passumsic & Boston, Concord & Montreal railroads coming into possession of the Southeastern railroad property it may be necessary to secure the Montreal, Portland & Boston railroad, in order to complete their line and make desired connection between their respective termini at Montreal and West Farnham, a distance of thirty miles. This important link is owned by separate corporations, and has an incumbrance of $901,000 of first mortgage bonds, of which $501,000 is held as collateral security by the Vermont National bank on its loan of $31,000 to Bradley Brown. The Canadian Pacific and other roads interested in the line made an offer to Receiver Hendee for the purchase of the bonds in question, but at a lower figure than he will take. It is probable that a better offer will be made.

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SANDWITCHES

HOW UNPLEASANT

It is to see a beautiful child's face disfigured with vile humors bursting through the skin in pimples, blotches and sores, and sadder still. when the young and innocent are laughed at and twitted in all such cases, parents should give that good and pure remedy, Sulphur Bitters, which will search and drive out of the blood every particle of humor.] Health Gazette.

A German dermatologist says thit baldness is catching. Judging from the way the boys crowd up to the blaze of bald craniums on the front benches at a variey show, they aren't much afrard of the disease.

BRIGHT'S DISEASE, DIABETES.

Beware of the stuff that pretends to cure these diseases or other serious kidney, Urinary or Liver diseases, as they only releive for a while and make you ten times worse afterwards, but rely solely On Hop Bitters, the only remedy that will surely and permanently cure you. It destroys and re-moves the cause of disease so effectually that it never returns. 47w2

A Missouri town which was visited by a cyclone last year has just been devastated by another. The inhabitants don't like this method of catching their second wind.-[Philadelphia Chronicle-Herald.

"Five doctors; no end of medicine; no relief, Dr. Benson's skin cure has driven away all erup-tions and I'm nearly well." Ida M. Young, Hamilton Ill. 47w2

Harper's Weekly has a cartoon, on its last page, which represents "the skin of a human being tanned in Massachusetts" stretched upon an easel, Gov. Butler's familiar face and head being on top, and the cut is entitled-Tanned with his own Bark.

Ladies in delicate health or feeble children nev-er fail to find relief by using Wheat Bitters. All druggists keep them.

ST. ALBANS BANK AFFAIRS.-Some 1855 claims against the Trust Company had been presented and proven up to Tuesday night-leaving about 800 more to be proven. Receiver Rich has peti-tioned Chancellor Royce for an order directing him to disburse such sufficient sum as may be in his possession at a certain time to such depositors as have presented and proven their claims up to that time, and prescribing how such funds shall be distributed with reference to claims for which pref-erence is claimed. A hearing on this petition is set for December 4, at the court house. Receiver Hen-dee of the Vermont National bank, has lately had two offers-one of them a very fair offer-for the Montreal, Portland and Boston bonds held by the bank at the time of failure, but he declined both on the ground that they were not high enough.

In our climate, with its sudden changes of tem-perature, it is no wonder that our children, friends and relatives are frequently taken from us by ne-glected colds; half the deaths resulting from this cause. A bottle of Dr. N. G. White's Pulmonary Elixir kept in the hosue for Immediate use, will prevent much sickness, and by the use of a few doses, save many doctors's bills. For sale every-where. 45ml

Recollection is the only paradise from which we cannot be turned.-Richter.

SOLID COMFORT.

Nobody enjoys the nicest surroundings if in bad health. There are miserable people about to-day to whom a bottle of Parker's Ginger Tonic would

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FAILURES IN BUSINESS

An Opera- Manager at New Orleans Makes an Assignment. NEW ORLEANS, Jan. 2.-A. J. DeFosse, manager of a French opera troupe, in the Civil District Court to-day made a cession of the property to creditors. The assets, including costumes, music and furniture, are valued at $1,095. The liabilities, including salaries to various members of the troup and others, are $12,595. RUINED BY A MORTGAGE. FORT SMITH, ARK., Jan. 2.-James B. Harwood & Co., dealers in general merchandise, at Lavacca, in this county, made an assignment yesterday. Their liabilities are $12,000, and the nominal assets $20,000. They took mortgages on cotton crops and one of these mortgages caused their failure. AUGUSTA DRY GOODS DEALERS ASSIGN. AUGUSTA, GA., Jan. 2.-Landrum & Butler, dry goods dealers, have assigned to H. H. Hickman. The liabilities are $38,000, and the estimated assets, in stock, notes and accounts, $54,000. SETTLING WITH CREDITORS. ST. ALBANS. VT., Jan. 2.-The suspended Vermont National Bank began yesterday to pay its first dividend to depositors, amounting to 12 1/2 per cent.

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GENERAL NEWS

At the annual meeting of tha Lowell railroad yesterday, President Abbott and the old board of directors were elected. There was no other business transacted. The suspended Vermont National Bank at St. Albans began Tuesday paying the first dividend to depositors, amounting to 121 per cent. Hon. George W. McCrary of Iowa, United States judge of the Western circuit, has oeen appointed general counsel of the Atchison, Topeka and Santa Fe railroad and all its adjunct lines. Gen. Grant is rapidly recovering from the effects of his by ms late fall. As yet however he is unable to stand on the injured limb. Philip Kirby of Milford, Mass., was found dead in a door way with a gash in his head, early yesterday morning. An inquest will be held. John Demers, a young Frenchman, while drunk fell off the Eastern railroad bridge at Salmon Falls, N. H., a height of forty feet, receiving probably fatal injuries. The city government of Dover, N. H., was inaugurated yesterday. Mayor Lothrop's inaugural recommends many important improvements. The common council organized with John C. Pray as president. Rev. Francis Hawley, father of United States Senator Hawley, died in Hartford, Conn., yesterday, aged 81 years. Gov. Cleveland of New York yesterday nominated Amos J. Cummings, a well known New York jourralist, to succeed the late Geo, W. Lane upon the aqueduct commission. Schooner Lord Collingwood from Trieste, which arrived at New York yesterday, reports that on Jan. 1st when 45 miles southeast of Sandy Hook, Capt. Nicholson while heaving the lead fell overboard and was lost. Fifteen inches of snow fell in Barre, Vt., was B No. yesterday A W elevator 18th and it in Smith New still Brothers' York, falling last fell brewery night. 240 street. yesterday from the third floor to the sub-cellar, seriously injuring five persons. At the annual meeting of the New England Historical Society in Boston yesterday afternoon the old board of officers were reelected. President Marshall P. Wilder delivered his annual address. Charles B. Staples was arrested in Lakeville, Mass., yesterday on suspicion of causing the death of Patrick Carthius. A severe storm accompanied by snow raged in Buffalo, N. Y., nearly the whole of yesterday and the wind was blowing 45 or 50 miles per hour. A New Orleans despatch says A. J. Defossez, manager of the French opera troupe, yesterday made a cession of the reperty to cr. ditors. The assets are valued at $1,095 and liabilities $72,595. The Mexiean government has declared forfeited the concession made to Gen. Graut for a submarine cable connecting Mexico with the United States and Central America, for nonfulfilment of the terms of the concession.

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DIVIDEND FROM A BROKEN BANK

ST. ALBANS, Vt., Jan. 2.-The suspended Vermont National Bank began yesterday to pay its first dividend to depositors, amounting to 121g per cent.

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Hank and Business Failures

The suspended Vermont National Bank at St. Albans began on Tuesday to pay its first dividend to depositors of 121/4 per cent. Landum & Brother, dry doods merchauts of Augusta, Georgia, have made an assignment. Liabilities, $38,000 estimated assets, $54,000. C. E. M. Savage & Sons, dealers in general merchandise, at Miles City, Montana, have made an assignment. Their liabilities and assets are estimated each at about $90,000. Clark &Maldauer, wholesale dealers in furnishing goods at Kansas City, Missouri, made an assignment yester day.

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A Vermont National Bank Dividend

ST. ALBANS, Vt., Jan. 2.-The suspended Vermont National bank began yesterday to pay its first dividend to the depositors, amounting to 12, per cent.

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Vermont News.

White River Junction has a new $10,000 school-house.

Satnuel Lawrence fell and broke two of his ribs while at work at Johonnott's tannery, in Montpelier.

Mr. and Mrs. Geo. W. Newcomb of Westminister celebrated the sixtieth anniversary of their marriage, Jan. 1st.

The First national bank at Montpelier paid a 5 per cent dividend the 1st, and will pay a 20 per cent surpius dividend March 1.

The state has 2874 manufacturing establishments, which employ 17,540 hands. Windsor county has the largest number.

The first dividend from the suspended St. Albans Vermont National bank to the amount of 12½ per cent.-is now being paid to depositors.

Rutland banks have declared these dividends: Baxter national, 3½ per cent; Rutland county national, 3 per cent; State trust company, 3 per cent; Rutland savings, 2½ per cent.

All of Roger Hovey's buildings at Worcester, including house, barns, sheds, etc., were burned recently. Insurance $1400, which only partially covers the loss.

Mrs. Nancy Thompson, wife of Hosea Wright of Essex, died recently from a dose of corrosive sublimate. She had been in poor health, and was possibly temporarily insane.

Howard and Leavitt's loss by the recent fire at Craftsbury will reach nearly $14,000, with an insurance of $6000.

C. Jarvis Hurd of Sandgate caught a pair of Green Mountain eagles recently in a big steel trap. The male measured 7 feet 7 inches from tip to tip, and Barnum has offered $75 for it. The female measured 6 feet and is dead.

A fire broke out in the Merchants' Exchange block at Rutland on the 3d, occupied by Edson, groceries; Kathan, groceries; Moore, stoves and tin ware; Richardson, Rutland standard porter silver plater; Dalrymple, dentist, and Cramm, a tenant. Edson is the heaviest loser, about $2000; insured. The fire caught from a stove in his store.

Upon the arrival of Abbey's Uncle Tom's Cabin, at Windsor, the four large blood hounds were chained up in the Windsor house barn. A short time afterwards two of them broke loose and together attacked another, biting, chewing and mangling him so severely, before they could be taken off, that he died within a few hours.

AT MONTPELIER

At Montpelier, Julian Estes made an assault on E. R. Skinner, by entering Mr. Skinner's house and threatening to shoot him and to blow up his gas manufactory. Estes wanted Skinner to give him $25, and also asked for employment in the gas house, which Mr. Skinner refused, whereupon Estes began to fight. Deputy Sheriff Tuttle was called and Estes was locked up. He has been connected with several murderous affrays, and is considered a dangerous fellow.

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St. Albans Financial Affairs.

[From the St. Albans Messenger.]

Bank Examiner Hendee has completed his investigation of the condition of the First National bank. Matters will remain as they are until the comptroller acts on the report and decides whether the institution shall be allowed to go into voluntary liquidation or have a receiver appointed.

The suit of the trustees of the Southeastern railroad company vs. Receiver Hendee, to recover the M. P. & B. bonds held by the receiver on behalf of the Vermont National bank, has come up in the Montreal courts. The receiver claimed that the court had no jurisdiction, because service had not been made on him and because he as receiver had no property in Canada. Mr. O'Halloran, counsel for the trustees, failed to prove service or the existence of property in Canada. It is believed here that this will throw the matter out of the courts and remove present obstructions to the sale of the bonds.

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Brief Jottings.

Pleasant yesterday morning, with strong cool southwest wind in the afternoon. Mercury 67° at 7 a. m., 72° at noon, 69° at sunset. Mr. W. H. Jerris, the real estate agent, is very ill. Entries for the Fourth of July lawn tennis tournament will close next Saturday. The Cumberland County Republican Convention will be held in this city August 6th. Forest City, Sons of Temperance, will give an entertainment at Carlton Hall tonight. The public school teachers will be paid Thursday of this week instead of Friday. Mr. and Mrs. George H. Quincy of Boston, are stopping at Mr. Prentiss Loring's cottage in Cape Elizabeth. The United States Senate yesterday, confirmed the naval appointment of Ensign Harold H. Eames of Maine. George D. Lord of Limington, took the third prize of $30, for speaking at Dartmouth College, Monday. Among the other speakers was Thomas Leigh of Hallowell. Testimony is now being taken in Boston in the suit of Richardson & Dennie against the Shaw Bros., and Ferdinand A. Wyman, trustee, involving some $30,000. Hon. Henry B. Cleaves and Hon. C. F. Libby of Portland, are in attendanc. Messrs. Hodgdon Bros. received yesterday seventy crates of superb strawberries. Some of them were of extraordinary size, and all were in excellent condition. We are now in the height of the season for this fine fruit, which is this year abundant and cheap. Among the graduates this year at the Medical Department of the University of Vermont are the following from Maine: Jamer Ashley, Bangor, Charles Fremont Brock, George William Curtis, Albert Parsons Heald, Chas. Foster Hilton, Vesley M. Newcomb, George G. Richardson, George E. Sanborn, Alfred R. Taney, Louis H. White. When the Canadian Pacific had the stock of the Montreal, Portland and Boston sold by the sheriff recently, they were greatly astonished to see a man bid it off and pay for it whom they did not suspect of having the means. He was acting for the creditors of the Vermont National Bank at St. Albans, which holds a majority of the bonds of the road. The result is that if the Canadian Pacific wants the road it will have to buy it of the receivers of the bank, and there are rumors that such a transaction is likely to soon occur. The Hon. Hannibal Hamlin was among the guests at Cambridge Class Day. He was as frisky as a Sophomore, and enjoyed the fun immensely.-Boston Saturday Evening Gazette.

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Hotels.

MANSION HOUSE.

BROOKLYN HEIGHTS, directly opposite Wall-st., New-York; four minutes' walk from Fulton or Wall Street Ferry; superior accommodations at reasonable rates; select family and transient hotel; 200 rooms.

Financial

FOR SALE.

Montreal, Portland and Boston Railroad of Canada.

The following property is offered for sale: The interest of the Vermont National Bank of St. Albans, in and to the Montreal, Portland and Boston Railroad and its appurtenances located in Canada, running from st Laubert, opposite the city e Montreal, southeasterly to West Farnham about thirty-two miles, and from that point southerly to Vermont State line about twenty-five miles also two branches aggregating about thirteen mies, making about seventy miles in all; also 533 Lrst mortgage bonds of said Railroad Company of $1,000 each out of a total issue of 901 bonds of $1,000 each; also, all sald bank's interest in 160 other of the first mortgage bonds of $1.000 each of said Railroad Company, the same having been pledved to other parties for the sum of $88,001 Also 100 second mortzage bonds of said Railroad Company of $1,000 each, and being the entire issue of second mortizace bonds. Also 7,924 shares of the capital stock issued by said ra ond Company of the par va ne of $100 each the entire capital stock issued by said company being 10,190 shares also a Judgment in favor of the Hochelaga Bank of Canada of about $1.000 and accrued interost against said Montreal, Fortland and Boston Hallroal Company now owned by said Vermont National Bank, and whol y unsatisfied. The 32 miles of said road from St. Lambert to Most Fordham form a connection on a direct route from Montreal to Boston, and is a portion of what is known as the "Al Line" between those chies, and is at present used by the Canada Pacific Railroad company as its eastern outlet. The whole road of about seventy miles is well worth $800,-000; the thirty-two miles is laid with steel rail, is in ex. cellent condition and thed pors and other appurtenances be-longing to the road are first-class. The undersigned, receiver of said Vermont National Pank, has up to this time been kept out of possession of the road by teral proceelings in Canada, which have altogether been based on techocalities, the cases are now pending as soo as a decision on the merits is arrives at, the controlling interest now in the receiver's hands and bereby oneret for sale must obtain the road and property Fuil particulars may be obtained by applying to the receiver of Vermont National Bank. St. Albane, Vt. The property, wonds, stocks and judgment aforesaid will be sold together and for the same sealed buds are asked for and wili bete etved by the undersigned a St. Albans. Vermont, up to the 6th day of Mav, Iss, on which day the same will be opened, examined and the sale determined. Bids should be explicit in terms and amonnt, and the undersigned reserves the right to reject any and all bids that may be made. Bidders ate required to give a bond or depo it a certified check for ten per count of their bid as a voncher for their responsibility, the same to be returned if the bid is not accepted. Bds with boud or check should be sealed and inclosed in another en-velope and directed to the under-igned at St. Albans, Vermont. This sale is made under an order of the United States Circuit for the District of Vermont.

GEORGE W. HENDEE, Receiver Vermont National Bank of St. Albans. St. Albans, Feb. 26, 1880,

Article Text

The St. Johnsbury & Lake Champlain Railroad.

The new board of directors, of the St. Johnsbury and Lake Champlain railroad, is as follows: Horace Fairbanks, Franklin Fairbanks, A. B. Jewett and Bradley Barlow of Vermont; Edwin Morey of Boston, William Power Mason of Walpole, N. H., Frederick E. Clark of Lawrence, Mass., C. S. Mellen of Arlington, Mass., and William A. Stowell of Montpelier. The last five represent the Boston and Lowell road, in the directors.

Hon. G. W. Hendee of Morrisville, Vt., receiver of the Vermont National bank of St. Albans which advertises the Montreal, Portland and Boston railroad at public auction and decides on the acceptance of bids, was elected secretary and treasurer in place of W. P. Fairbanks, resigned.

The new managers will make a trip over the road a week or two hence, when the snow shall have gone. The St. Johnsbury Republican says that the building of the link from Hardwick to Marshfield is not contemplated at present.