16171. Doylestown National Bank (Doylestown, PA)

Bank Information

Episode Type
Suspension β†’ Reopening
Bank Type
national
Bank ID
573
Charter Number
573
Start Date
July 30, 1903
Location
Doylestown, Pennsylvania (40.314, -75.128)

Metadata

Model
gpt-5-mini
Short Digest
e0ad065bcb0fae2b

Response Measures

None

Description

The Doylestown National Bank was closed by the Comptroller of the Currency and placed in receivership on July 30, 1903 due to losses from speculative stock dealings by officers and some customers. A receiver was appointed; stockholders later raised cash and the Comptroller authorized resumption on Oct 14, 1903. Newspapers report depositors clamoring at the door after the closure, but sources indicate there was not a large, independent depositor-initiated run before suspension. OCR errors corrected (e.g., 'comptroller' and names).

Events (7)

1. November 16, 1864 Chartered
Source
historical_nic
2. July 30, 1903 Receivership
Source
historical_nic
3. July 30, 1903 Receivership
Newspaper Excerpt
The Doylestown National bank ... has been closed by the Comptroller of the Currency. Bank Examiner J. W. Schofield has been appointed receiver.
Source
newspapers
4. July 30, 1903 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Failure brought about by speculations in stocks by the bank's officers and a number of customers; losses absorbing surplus and capital.
Newspaper Excerpt
This bank is closed, and in the hands of the Comptroller of the Currency.
Source
newspapers
5. August 20, 1903 Other
Newspaper Excerpt
Robert Lyons has been appointed receiver of the Doylestown (Pa.) National Bank, to take effect as soon as the present receiver can list and turn over to him the assets.
Source
newspapers
6. October 14, 1903 Reopening
Newspaper Excerpt
The Doylestown National Bank ... has been authorized by the acting comptroller of the currency to resume business ... the stockholders of the bank had raised $220,000 by voluntary assessment, and that this amount had been paid into the bank in cash.
Source
newspapers
7. October 15, 1903 Restored To Solvency
Source
historical_nic

Newspaper Articles (22)

Article from The Hawaiian Star, July 30, 1903

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FINANCIAL PANIC AT DOYLESTOWN Associated Press Cable to the Star. DOYLESTOWN, Pa., July 30.-A financial panic was caused in this community today by the announcement that the national bank of this city had suspended business. The doors of the institution have been closed today. The street in front of the institution has been crowded with depositors, clamouring for their money. No announcement of the extent of the failure has yet been made. A simple notice on the doors acquainting the public with the fact that the bank had failed, has been the only official announcement this morning of the situation. It is believedithat the failure will reach in the hundreds of thousands.


Article from The Topeka State Journal, July 30, 1903

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CLOSED THE BANK Comptroller of the Currency Swoops Down on It. Doylestown National in Hands of a Receiver. NOTICE ON THE DOOR Causes Great Excitement Among the Depositors. Held Institution a Large Amount of People's Money. Washington, July 30.-The Doylestown National bank of Doylestown, Pa., has been closed by the controller of the currency. Bank Examiner J. W. Schofield, has been appointed receiver. The statement issued by the controller of the currency says that the failure of the bank was brought about by speculations in stocks on the part of the officers and a number of the customers of the bank. Doylestown, Pa., July 30.-The following notice was posted on the door of the Doylestown National bank today: "This bank closed and in the hands 1 of the comptroller of the currency. (Signed) "T. P. KANE, "Deputy Comptroller of the Currency. "J. W. SCHOFIELD, "National Bank Examiner." The posting of the notice caused considerable excitement in the town as the deposits of the institution are large. The bank examiners have been working on the books for two days past, but no statement has been issued either by them or the officers of the bank. George P. Brock is cashier of the bank. The capital of the bank was $105,000 and the last report to the comptroller showed: Surplus and profits, $131,780; deposits over $1,000,000; loans and discounts and stock and securities, $1,051,360. The bank is one of the oldest in the state. The president of the bank is Henry Leer, a prominent lawyer and candidate for judge on the Republican ticket. "The losses," said Deputy Comptroller Kane today, "will absorb the entire surplus and capital stock of the bank. In other werds, the total loss will amount to $215,000, and it devolves upon the directors and stockholders to make up this deficiency." Francis L. Worthington, a director, said: "The president and cashier ran e things to suit themselves. I suppose I will lose all through mismanagement of $. the officers. No one suspected anything S wrong. I understand there was some e speculation-ConsoMdated Lake SuV perior, I believe, and in that stock most of the money may have been sunk." Ed P. Brock, cashier, declined to red ply to the accusations of Mr. Worthe ington, saying: "Our investments did not turn out as well as we expected."


Article from The Minneapolis Journal, July 30, 1903

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BANK GOES BUMP Pennsylvania Depository Suspends Because of Stock Flurry. Washington, July 30.-The Doylestown National bank of Doylestown, Pa., has been closed by the controller of the currency. Bank Examiner J. W. Schofield has been appointed receiver. The official statement says the failure was brought about by speculations in stocks on the part of the officers and a number of the customers of the bank.


Article from Waterbury Evening Democrat, July 30, 1903

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ORDERED BANK CLOSED Doylestown Institution is in Hands of a Receiver Great Excitement in the Town As the Deposits Are Large-One of the Oldest Banks in Pennsylvania With a Capital of $105,000. Washington, July 30.-The DoylestownNational bank of Doylestown, Pa, has been closed by the controller of currency. Bank Examiner J. W. Schofield has been appointed receiver. Doylestown, Pa, July 30.-A formal notice was posted on the door of the Doylestown National bank to-day. stating that the bank was closed and in the hands of the comptroller of the currency. The posting of the notice caused considerable excitement in the town, as the deposits of the institution are large. The bank examiners have been working on the books for two days past but no statement has been issued either by them or the officers of the bank. George P. Brook is cashier of the bank. The capital of the bank was $105.000 and the last report to the comptroller showed: Surplus and profits. $131,780; deposits over $1,000,000; loans and discounts and stock and securities, $1,051, 360. The bank is one of the oldest in the state. Its Philadelphia correspondents are the Philadelphia National and the First National. The former has been its agent for 50 years and the latter for 30 years. Bank Examiner Schofield telegraphed the Philadelphia banks to make no remittances to the Doylestown bank to-day. The president of the bank is Henry Leer a prominent lawyer.


Article from The St. Louis Republic, July 31, 1903

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PENNSYLVANIA BANK FAILS BECAUSE OF SPECULATION. Deposits of National Bank of Doylestown More Than $1,000,000 and Capital Stock Only $105,000. Doylestown, Pa., July 30.-The following notice was posted on the door of the Doylestown National Bank to-day: "This bank is closed, and in the hands of the Comptroller of the Currency (Signed) "T. P. KANE, "Deputy Comptroller of the Currency. "J. W. SCHOFIELD, "National Bank Examiner." The posting of the notice caused considerable excitement in the town, as the deposits of the institution are large. The bank examiners have been working on the books for two days past, but no statement has been issued either by them or the officers of the bank. George P. Brock is cashier of the bank. "The losses," said Deputy Comptroller Kane to-day, "will absorb the entire surplus and capital stock of the bank. In other words, the total loss will amount to $215,000, and it devolves upon the directors and stockholders to make up this deficiency." Francis L Worthington, a director, said: "The president and cashier ran things to suit themselves. I suppose I will lose all through mismanagement of the officers. No one suspected anything wrong. I understand there was some speculation-Consolidated Lake Superior, I believe-and in that stock most of the money may have been sunk." Ed P. Brock, cashier, declined to reply to the accusations of Mr. Worthington, saying: "Our investments did not turn out as well as we expected." The capital of the bank was $105,000 and the last report to the Comptroller showed: Surplus and profits, $131,780; deposits over $1,000,000; loans and discounts and stocks and securities. $1,051,360. The bank is one of the oldest in the State. The president of the bank is Henry Leer. a prominent lawyer and candidate for Judge on the Republican ticket. RECEIVER APPOINTED. Washington, July 30.-The Doylestown National Bank of Doylestown, Pa., has been closed by the Comptroller of the Currency. Bank Examiner J. W. Schofield has been appointed receiver. The statement issued by the Comptroller of the Currency says that the failure of the bank was brought about by speculation in stocks on the part of the officers and a number of the customers of the bank.


Article from The Daily Morning Journal and Courier, July 31, 1903

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DOYLESTOWN BANK FAILURE. Wrecked by Speculution-Director Critloises President and Cashier. Washington, July 30. -The Doylestown National bank of Doylestown, Pa., has been closed by the comptroller of the currency. Bank Examiner J. W. Schofield has been appointed receiver. A statement issued by the comptroller of the currency says that the failure of the bank was brought about by speculations in stocks on the part of the offlcers and a number of the customers of the bank. Doylestown, Fa., July 30.-The following notice was posted on the door of the Doylestown National bank to-day: "This bank closed and in the hands of the comptroller of the currency." "The losses," said Deputy Comptroller Kane to-day, "will absorb the entire surplus and capital stock of the bank. In other words, the total loss will amount to $215,000, and it devolves upon the directors and stockholders to make up this deficiency." Francis L. Worthington, a director, said: "The president and cashier ran things to suit themselves. They had no right to do so. They ought to have consulted the board of directors, and this trouble would have been avoided. No one suspected anything wrong. Our stock has been increasing in value, advancing from $35 a share to $153. I suppose I will lose all through mismanagement of the officers. I understand there was some speculation-Consolidated Lake Superior, I believe, and in that stock most of the money may have been sunk." Mr. Brock, cashier, declined to reply to the accusations of Mr. Worthington, saying, "Our investments did not turn out as well as we expected."


Article from The Fulton County News, August 5, 1903

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THE LATEST NEWS IN SHORT ORDER. Domestic. The trustees of the Newport Hospital have received from Mrs. Vanderbilt the formal transfer of the $250,000 ward which she has caused to be erected as a memorial to her husband, the late Cornelius Vanderbilt. Judge Lochren, of the United States Circuit Court, in the case of the State of Minnesota against the Northern Securities Company, decided in favor of the defendants and dismissed the bill of complaint. Ida M. Tritt, the first woman to hold an executive position in any railroad in the United States, has been elected treasurer of the New York and Queens County Street Railway. It is expected in Boston cotton-manufacturing circles that more than 2,000,000 spindles will be idle throughout the North during the month of August. Eighteen British subjects were refused a landing by the United States immigrant commissioner at San Francisco because they were contract laborers. Further evidence was given in the trial at Cynthiana, Ky., of Curtis Jett and Thomas White for killing J. B. Marcum that Jett admitted the killing. A freight train ran into a half-open drawbridge on the Delaware and Hudson, killing the fireman and seriously injuring the engineer. The mobilization of the greatest fleet of warships in American waters has been successfully accomplished at Frenchmans Bay. Three men were found crushed to death on a gondola car, loaded with lumber. from Williamsport, Pa., for Philadelphia. Lawrence Murphy. former treasurer of the Journeymen Stonecutters' Union, who was arrested last December, charged with embezzling $12,000 from the labor organization, and who was convicted in New York on Monday of grand larceny, was sentenced by Judge Newburger, in Part II. of General Sessions, to five years and six months in state's prison. The French steamer Le Lion arrived in Philadelphia, having on board the crew of the Italian bark Vermont, which capsized in the Atlantic during a storm. A fisherman in the Mississippi river near Lacrosse. Wis., was pulled overboard by an enormous catfish and was drowned. Ben W. Stearnes, the one-armed life prisoner who escaped from the federal prison at Fort Leavenworth, Kan., was captured. Robert Lee, the negro who shot Policeman Massey in Evansville, Ind., died from effect of wounds inflicted by Massey. James McCormick, of New York, well known as a broker for Jay Gould and as an art collector, is dead. Major John Wyatt Jones, of the last Confederate staff officers, died in St. Louis, aged 83 years. A murder, believed to have been the outcome of a duel, occurred at Revere, Mass., Joseph Corse being the victim and Anthony Montanino being the alleged murderer. The Doylestown (Pa.) National Bank suspended, and was placed in the hands of a comptroller. Speculation in stock by the bank's officers is charged. Hospital doctors in San Francisco report the cure of a case of lockjaw by the use of antitoxin, which was injected into the patient's brain. Walter W. Condon, formerly of Cold Water, Mich., said to be an heir to an estate valued at $350,000, has been found in Chicago. A. B. Youngson, first assistant grand chief of the Brotherhood of Locomotive Engineers, died in Meadville, Pa., his home. Edmund J. Smith, a former discount clerk in a Newark (N. J.) bank, is short $10,000 in his accounts.


Article from The McCook Tribune, August 7, 1903

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THE NEWS IN BRIEF. Announcement is made that the New York Daily News plant and good will will be sold at auction on August 21. The amount of 3 and 4 per cent bonds received at the treasury to date for exchange into 2 per cent consols is $80,157,850. An area of coal estimated to contain 250,000,000 tons has been located in the Peace river country. Some of the seams are said to be nine feet thick. The coal is reported to be of good quality. Miss Alice Roosevelt is expected at Newport August 3 and will be the guest of Mr. and Mrs. R. Fulton Cutting. A series of entertainments will mark her stay. The Doylestown National bank of Doylestown, Pa., has been closed by the comptroller of the currency. Bank Examiner J. W. Schofield has been appointed receiver. William H. Seymour of Brockport, N. Y., celebrated his one hundred and first birthday last week by entering a croquet tournament and making one of the best scores. The value of German exports to the United States during the fiscal year ending July 1 last was $119,778,625, or a net increase of $18,064,561 over the preceding fiscal year. The activity of Vesuvius, which recently became quite marked, is now diminishing, says a dispatch from Naples. Explosions are less frequent and the quantity of lava emitted is almost nil. Ex-Congressman Driggs appeared before Judge Thomas in the United States circuit court, Brooklyn, and pleaded not guilty to the indictments in connection with the postal investigation. Rev. Dr. E. O. Buxton has resigned the presidency of Baldwin university, at Berea, O., because the trustees tried to force him, he says, to go out and solicit the necessary money to pay his salary. Walter W. Condon, aged 23, formerly of Coldwater, Mich., said to be heir to a $350,000 estate, was found in Chicago after a long search employed as elevator conductor in a down town office building. At Bemidji, Minn., W. F. Street, townsite man and politician, was accidentally shot and killed by Louis Bland, aged 15 years, his step-son. A full charge of shot entered the small of his back at close range. The Chicago Great Western and other lines leading from Missouri points and from other territory in that section are already commencing to carry the wheat crop to St. Paul and Minneapolis and to the head of the lakes. Denying that he intended to renounce his American citizenship and become a "naturalized Englishman" and accept a seat in parliament, Bourke Cockran returned on the Kaiser Wilhelm der Grosse last week. He still shows the effects of his illness in Egypt. Mr. and Mrs. Charles J. Glidden of Lowell, Mass., left Copenhagen in their automobile in an attempt to cross the arctic circle. The United States consul accompanied them to Elsinor The automobilists received an enthusiastic send off from a big crowd at the starting point. A new issue of the counterfeit of the United States (buffalo) note described in the press dispatches of October 17, 1902, has been discovered. The check letter has been changed from "C" to "B," and the plate number from 57 to 52. Otherwise the notes are the same. On account of the prevalence of yellow fever at Tampico, Mexico, Surgeon General Wyman of the United States marine hospital service has ordered Assistant Surgeon Thomas B. Richardson to that port to take charge, in COR junction with Assistant Surgeon Frick, of the disinfection of ships bound for United States port. The government will institute proceedings against W. W. Weighel, a postal contractor, and the Fidelity Trust and Deposit company of Baltimore, for approximately $200,000, which the postoffice department has been compelled to expend above the amount of contract for carrying the mails in wagons in New York City. The American delegates to the convention called to meet at Geneva September 15 next to revise the rules of the Red Cross relative to warfare


Article from The Stark County Democrat, August 7, 1903

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# Trusted Ones Go Wrong. The officials of the Doylestown (Pa.) bank were surprised when the National bank examiner came along and closed up the institution. One of the directors in remarking on the failure was naturally surprised, and in the course of an interview said: "Not one of the directors suspected anything wrong. The president and cashier were trusted implicitly and they ran the bank as they pleased." Now the bank is in the hands of a receiver. The trusted employe is the one who more often goes wrong. - Youngstown Telegram.


Article from Evening Star, August 20, 1903

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RECEIVER APPOINTED. Robert Lyons Takes Charge of Doylestown, Pa, Bank. Robert Lyons has been appointed receiver of the Doylestown (Pa.) National Bank, to take effect as soon as the present receiver can list and turn over to him the assets. Mr. Lyons has been connected with the office of the controller of the currency for a number of years in connection with failed banks, and has been at work in the Doylestown National Bank as the assistant of Receiver Schofield since the closing of the bank. He is an experienced man in this line of work.


Article from Evening Journal, August 21, 1903

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New Receiver For Doylestown Bank. Washington, Aug. 21-Robert Lyons has been appointed receiver of the Doylestown National Bank, to take effect as soon as the present receiver can list and turn over to him the assets. Mr. Lyons has been connected with the office of the comptroller of the currency for a number of years in connection with failed banks and has been at work in the Doylestown National Bank as the assistant of Recelver Schofieid since the closing of the bank.


Article from Evening Star, September 1, 1903

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THE DOYLESTOWN BANK. Possible Early Resumption of Business by Suspended Institution. The controller of the currency has received the report of the receiver of the Doylestown National Bank of Doylestown, Pa., which shows a deficiency in assets of $115,231.85 exclusive of capital stock at the date of suspension. A representative of the controller's office will confer with the receiver in regard to any plan for the reorganization and resumption of business of the bank which any of the late directors or other interested parties may have to offer. The acting controller states that, while the amount of the deficiency shown by the report of the receiver may be reduced somewhat by the collections from assets that are now considered doubtful or worthless, any plan looking to the reorganization and resumption of business of the bank will require the payment of about $220,000 in cash to provide the bank with an unimpaired capital of $105,000 and cover the deficiency in assets.


Article from Evening Star, October 14, 1903

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Doylestown Bank May Resume. The Doylestown National Bank of Doylestown, Pa., which was closed July 30, has been authorized by the acting controller of the currency to resume business, and the receiver has been instructed to turn over to the new board of directors all of the assets of the bank in his possession. This action was taken upon the receipt of a telegram from a representative of the controller's office at Doylestown that the stockholders of the bank had raised $220,000 by voluntary assessment, and that this amount had been paid into the bank in cash, and that all of the other conditions precedent to resumption imposed by the controller had been complied with.


Article from The Washington Times, October 14, 1903

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DOYLESTOWN BANK TO RESUME BUSINESS The Doylestown National Bank, of Doylestown, Pa., closed last July, has been authorized by the Acting Comptroller of Currency to resume business. The receiver has been instructed to turn over to the new directory board all the assets of the bank in his possession. The stockholders of the bank have raised $220,000 by voluntary assessment, and this sum has been paid into the bank in cash. Other conditions incident to resumption have also been met.


Article from Evening Journal, October 14, 1903

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Deylestown Bank to Reopen. Washington, Oct. 14.-The Doylestown National Bank, of Doylestown, Pa., which was closed on July 30, 1903, has been authorized by the acting comptreller of the currency to resume business, and the receiver has been instructed to turn over to the new board of directors all of the assets of the bank in his possession. This action was taken upon the receipt of a telegram from Doylestown that the stockholders of the bank had raised $220,000 by voluntary assessment, and that this amount had been paid into the bank in cash, and that all of the other conditions precedent to resumption imposed by the comptroller had been complied with. Cartmell's Varnish Stain old furniture look like new


Article from The Indianapolis Journal, October 14, 1903

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National Capital Notes. Special to the Indianapolis Journal. WASHINGTON, Oct. 13.-Authority has been granted for the organization of the First National Bank of Poseyville, Ind.; capital, $25,000. F. M. Smith, Isaiah Fletchall, J. H. Gwaltney, H. P. Westfall and P. M. Witt are named as incorporators. City free delivery will be established at Union City, Ind., on Nov. 1. William L. Morgan and Lee M. Welbourn have been appointed regular carriers and Harry E. Creveston substitute. D. S. Young, of Delphi, and O. S. Holliday, of Terre Haute, have been appointed clerks in the railway mail service. Alonzo Duddleston, of Terre Haute, has been appointed inspector in the immigration service and assigned to duty in Baltimore. Major Luther Hare. formerly of Noblesville, Ind., has been detailed for duty with the militia in Texas. A motion was entered in the Supreme Court of the United States to-day in the case of Zarnikow, MacDougal & Co. vs. Collector Bidwell. of New York, to reassign the hearing to a date subsequent to Nov. 1. The case involves the validity of the act of 1900 providing for the collection of duties imposed upon goods shipped into the United States from Porto Rico and opens up the entire insular question. The Doylestown National Bank of Doylestown, Pa., which was closed on July 30, 1903, to-day was authorized by the acting controller of the currency to resume business. Baron Von Sternburg, the German ambassador, accompanied by the ambassadress, arrived here to-day from The Weirs, New Hampshire, where the embassy was established for the summer. The remodeling of the embassy here has been about completed, and the ambassador and ambassadress will remain in Washington throughout the winter. Paymaster General A. E. Bates, of the army, has submitted his report to the War Department for the fiscal year ended June 30, 1903. The total amount of funds handled by the paymaster's department was $43,645,959. Of this sum $32,599,406 was expended on account of pay for the army. The amount paid out on account of the military academy was $383,838.


Article from The Fulton County News, October 21, 1903

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# THE KEYSTONE STATE Latest News of Pennsylvania Told in Short Order. These patents were granted Pennsylvanians: Norval T. Anderson, Pittsburg, switch throwing mechanism; Jacob B. Beam, Big Run, oil can, also steam boiler; William L. Bett, Petroleum Center, standing valve for pumps; James F. Cravon, Pittsburg, ice cream dipper, also machine for making expanded metal Jonah E. Davis, Lindsey, rail joint; John Doorenbos, Allegheny, burner tip; John R. Flinn, Johnstown, curb box and cock support; Joseph D. Forrer, Johnstown, circuit breaker; Nicklas Franzen, Allegheny, manufacturing wire glass; George W. Frazier, Allegheny, electrolytic water purifier: Herbert K. Hithcock, Walston, annealing glass sheets or plates; William L. Kann, Pittsburg, slab or plate: William J. Knox, Allegheny, car truck; Charles M. Lamb, Monessen, wire splice and producing same; Michael P. Link, Bennett, ice spur or creeper; Clyde R. Linn, New Brighton, siphon; Paul Luther, Allegheny, car coupling; Allen J. Morace, Pittsburg, spirit level; Peter Patterson, McKeesport, seamless tube drawing mechanism; William Platt, Allegheny, door step: William F. Soety, Erie, folding carpenters' and joiners' jack; Herbert Stevens, Windber, and B. Gellatty, Pittsburg, wire suspending device; William A. Strouss, Bellevue, and S. S. Lawson, Avalon, tile machine: Charles E. Thiebaud, Duquesne, swivel stand for lathe chucks; Clayton L. Wilson. Munhall, metallic pole. Frank Lane, a young farmer living near Ellsworth, was held up and robbed by two highwaymen. Lane resisted and was knocked down with the butt end of a revolver and robbed of $50 and a gold watch. Lane was driving toward Washington with two horses and had reached Strababnt village, when in a dark spot in the road two masked men sprang out from ambush. One seized his horses while the other covered Lane with a revolver. Lane attempted to get away from the men when he was struck on the head and rendered unconscious. The rectory of the Media Catholic Church, with the contents of the second and third stories, was destroyed by fire and Rev. Francis A. Brady, rector of the church; his cousin Edward Smith, of New York, and the housekeeper had narrow escapes. They were awakened shortly before 2 o'clock by the crackling of the flames. Smith jumped from the third-story window. He alighted on the porch of the first-story and then jumped to the ground. Dr. Charles Schoff, who was called to attend him, found that he was badly burned about the hands and arms and injured otherwise by the fall. Father Brady and his housekeeper were compelled to leave the burning building in their night clothing. The loss will amount to over $10,000. District President John Fahey, a member of the Mine Conciliation Board, issued a statement calling the attention of President Cassatt, of the Pennsylvania Railroad Company, to a blacklist, he says, has been established at the company's collieries in Dauphin county. Mr. Fahey cites instances where men who have worked for that company over thirty years have been refused re-employment since the strike and others employed in their places. The company officials say there has been no discrimination. The national bank of Doylestown has resumed business with more than $500,000 available cash. Anticipating an unusual demand under the circumstances, the officials of the reorganized institution have provided against every emergency. There was nothing like a run on the bank. The number of depositors who withdrew their accounts was small. Frank Farling and Daniel Hoffnagle, boys of Penbrook, went hunting and separated, going through the underbrush. Hoffnagle saw a bush move and thinking it was a squirrel fired at It. A loud yell came from Farling, who was peppered in the arms and legs with shot and painfully hurt. As Postmaster H. G. Smith, of West Chester, was riding his fox hunter, Curtis Keech, 12 years old, on a bicycle, ran into the steed. Instantly the animal reared us and came down with his feet on the boy, breaking his thigh. This boy was bitten by a mad dog a few weeks ago. The rod, wire and galvanizing mills of the Rankin plant of the American Steel and Wire Company have shut down for a couple of weeks for repairs and also extensive improvements to the machinery. It is stated the plant will resume as soon as the repairs and changes are made. The wire-drawing, nail and several other mills are still in operation. Thieves forced an entrance into the house of Mrs. Anna Barbey Seitzinger, in the fashionable portion of Reading and carried away two caskets containing diamonds, rings, bracelets and necklaces valued at over $4000 and interest-bearing coupons to the value of at least $1500. Mrs. Seitzinger was absent from home at the time. John J. Heyer, a wealthy farmer, living near Moorestown, was found dead on the threshing floor of his barn with a bullet hole in his head. A pistol lay at his side. The theory advanced is suicide. For gunning without a license, Salvatore Delcano was fined $25 and costs at Norristown. Delcano had shot ten robins and for these he was fined $5 each and costs. As he was unable to pay the $85 for his combined offenses he was sent to jail for eighty-five days. Nine hundred teachers were in attendance at the opening of the forty-first annual session of the Schuylkill County Teachers' Institute at Pottsville. Addresses of welcome were given by Chief Burgess George J. Smith, of Pottsville, and W. F. Scheerer. A son of Jacob Hunt, of Courtdale, died several months ago and the father took the loss much to heart. A week ago, late at night, while he was on his way home, he saw, he says, the figure of a man in front of him which, although he tried to overtake it, remained some distance ahead and walked to his house. At the gate it disappeared. Hunt was surprised when a minute later to find no one


Article from The Middleburgh Post, October 22, 1903

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WEEK'S NEWS CONDENSED. Wednesday, October 14. The 14th annual convention of the National Association of Underwriters was held at Baltimore, Md. The 29th annual convention of the Directors of the Poor and Charities of Pennsylvania was held at Lancaster. While crossing the Jersey Central tracks at Bound Brook, N. J., Louise Matthews, aged 14 years, was struck by an express and killed. William Potter and Mrs. Mary Guernsey were burned to death in an incendiary fire which destroyed the Hetzlor Hotel, at Cedar Lake, Ind. Richard Connolly, a rag dealer, and his mother were asphyxiated in their home in New York by gas from a gas stove, the valve of which was left open. Thursday, October 15. Four men robbed the Farmers' State Bank at Berwick, III., of $2800 and escaped. A 4-month-old son of Cuban Minister Quesada died in Washington after an illness of a week. The 114th annual session of the Pennsylvania conference of the United Brethren in Christ was held at Cham bersburg. While temporarily insane Mrs. Emma Quigley, of Wilmington, Del., hanged herself to a towel rack in her kitchen. She was dead when found. During a violent storm lightning struck a frame building at Lafayette, Ind., killing one woman instantly and seriously burning five others. Friday, October 16. Secretary of War Root expects to sail from England October 30 and be in Washington November 9. George Duncan, a New York lawyer, was accidentally shot and killed near Russellville, Ky., while out hunting. The joint army manoeuvres of the regulars and national guard at Fort Riley, Kan., will be participated in by 14,000 men. Albert Breckman, of Butte, Mont., shot and killed Miss Helen Kelly because she jilted him after he gave her $300 to buy her trousseau. The reorganized National Bank, of Doylestown, Pa., reopened its doors, with more than $500,000 available to depositors. but there was no semblance of a "run." Saturday, October 17. Over 2300 tons of the Philippine exhibits have arrived at St. Louis for the World's Fair. W. J. Bryan announces that he will make his European trip. concerning which he had doubts a short time ago. Slippery rails caused a collision of street cars at Richmond. Va., in which 12 people were injured, some seriously. One man was killed and three oth. ers overcome by gas in an accident at the Mahoning Foundry Co., Youngstown, O. The bodies of 83 American soldiers who died in the Philippines were interred at Arlington National Cemetery with military honors. Monday, October 19. King Victor Emanuel and Queen Helena, of Italy, who visited Paris as guests of the French president, have returned to Rome. Since Secretary of State Hay took office he has issued over 79,000 passports which is 27 more than any secretary ever issued Pressed for money to cover bets lost on horse races, Albert Joendt a letter carrier Chicago, Ill. is under arrest for from the malls. D.J. K Lineaweaver, president of th Columbia Pa.) board of health, died at him home He was a member of the National and Pennsylvania Medical Societies. Tuesday, October 20. Over 12,000 persons all ded the opening of the annual hore show at Kansas City, Mo. The Supreme Council of the 32d de. gree of Scottish Rite Masons of the Southern Jurisdiction met at Washington D. C E F Craigin, of New York and W. J. Cook, of Oregon. were appointed agents of the Nicaraguan government to represent it in canal matters. Four men were run down and killed on the Mahoning Valley Street railway at YoungstΓΆwn, O. They were intoxicated and sleeping on the track. By dressing a 1200-pound steer in three minutes and 38 seconds, Jacob Baer, of Denver, Colo., reduced the world's record by 20 seconds and won the western championship. GENERAL MARKETS


Article from Richmond Planet, October 24, 1903

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SATURDAY OCTOBER 24, 1903 A WEEK'S NEWS CONDENSED. Thursday, October 15. Four men rebbed the Farmers' State Bank at Berwick, III., of $2800 and escaped. A 4-month-old son of Cuban Minister Quesada died in Washington after an illness of a week. The 114th annual session of the Pennsylvania conference of the United Brothren in Christ was held at Chambersburg. While temporarily insane Mrs. Emma Quigley, of Wilmington, Del., hanged herself to a towel rack in her kitchen. She was dead when found. During a violent storm lightning struck a frame building at Lafayette, Ind., killing one woman instantly and seriously burning five others. Friday, October 16. Secretary of War Root expects to sall from England October 30 and be in Washington November 9. George Duncan, a New York lawyer, was accidentally shot and killed near Russellville, Ky., while out hunting. The joint army manoeuvres of the regulars and national guard at Fort Riley, Kan., will be participated in by 14,000 men. Albert Breckman, of Butte, Mont., shot and killed Miss Helen Kelly because she jilted him after he gave her $800 to buy her trousseau. The reorganized National Bank, of Doylestown, Pa., reopened its doors, with more than $500,000 available to depositors, but there was no semblance of a "run." Saturday, October 17. Over 2300 tons of the Philippine exhibits have arrived at St. Louis for the World's Fair. W. J. Bryan announces that he will make his European trip, concerning which he had doubts a short time ago. Slippery rails caused a collision of street cars at Richmond, Va., in which 12 people were injured, some seriously. One man was killed and three others overcome by gas in an accident at the Mahoning Foundry Co., Youngstown, O. The bodies of 83 American soldiers who died in the Philippines were interred at Arlington National Cemetery with military honors. Monday, October 19. King Victor Emanuel and Queen Helena, of Italy, who visited Paris as guests of the French president, have returned to Rome. Since Secretary of State Hay took office he has issued over 79,000 passports, which is 27,000 more than any secretary ever issued. Pressed for money to cover bets lost on horse races, Albert Joendt, a letter carrier at Chicago, III., is under arrest for thieving from the mails. D. J. K. Lineaweaver, president of the Columbia (Pa.) board of health, died at him. home. He was a member of the National and Pennsylvania Medical Societies. Tuesday, October 20. Over 12,000 persons attended the opening of the annual horse show at Kansas City, Mo. The Supreme Council of the 33d degree of Scottish Rite Masons of the Southern Jurisdiction met at Washington, D. C. E. F. Graigin, of New York, and W. J. Cook, of Oregon, were appointed agents of the Nicaraguan government to represent it in canal matters. Four men were run down and killed on the Mahoning Valley Street railway at Youngstown, O. They were intoxicated and sleeping on the track. By dressing a 1200-pound steer in three minutes and 38 seconds, Jacob Baer, of Denver, Colo., reduced the world's record by 20 seconds and won the western championship. Wednesday, October 21. Fire in the business portion of Rockingham, N. C., destroyed over $100,000 worth of property. A terrific storm at Mazatlan, Mex., killed 16 persons and injured many. The property damage was heavy. A call has been issued for a meeting of the National Afro-American Republican League at Washington D. C., December 14 and 15. The 55 bishops of the Protestant Episcopal church in the United States, Canada and the West Indies held a conference in Washington. The Detroit (Mich.) board of commerce adopted a resolution favoring Canadian reciprocity and urging a joint high commission to negotiate a treaty.


Article from The Indianapolis Journal, January 9, 1904

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# Bankers Held in Heavy Bond. PHILADELPHIA, Jan. 8.-Henry Lear and George P. Brock, president and cashier, respectively, of the Doylestown, Pa., National Bank at the time of the suspension of that institution, were arrested to-day charged with misapplying $120,000 of its funds. They were brought to this city from Doylestown and given a hearing before United States Commissioner Craig and held in $7,500 bail.


Article from The Bennington Evening Banner, January 9, 1904

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Bank Officials Arrested. PHILADELPHIA, Jan. 9. - Henry Lear and George P. Brock, president and cashier respectively of the Doylestown (Pa.) National bank at the time of the suspension of that institution, have been arrested charged with misapplying about $60,000 of its funds.


Article from The Penn's Grove Record, January 15, 1904

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# Bank Officers Arrested. Henry Lear and George P. Brock, President and Cashier of the Doylestown (Pa.) National Tank at the time of its suspension, were arrested, charged with misappropriating $60,000 of the bank's funds.