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ANOTHER BROKEN SAVINGS BANK. NYACK, N. Y., June 19.-The Rockland Savings Bank. of which 8. W. Canfield was president and R. P. Eells secretary, suspended payment on Friday morning. The failure is a bad one. The savings bank had no connection whatever with the Rockland County National Bank of this place.
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SAVINGS BANK SUSPENDED. NTACK, N. Y., June 20.-The Rockland Savings Bank, 8. W. Canfield, President, and R. P. Ellis, Secretary. has suspended payment.
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SAVINGS BANK'S TROUBLES. Why the Institution at Nynek SuspendedThe Officers' Statements, There has been considerable excitement in Rockland county during the past few days in reference to the suspension of the Rockland Savings Bank at Nyack. Many of the depositors are indignant. and threats of proceedings in the courts against the trustees have been made. A reporter who visited Nyack yesterday was informed that the Secretary of the bank considered matters not nearly as bad as had been supposed. although if the property of the bank should now be forced upon the market there would be serious loss to depositors. Last winter there was about $230,000 on deposit. and at presen there is only about $35,000 on deposit. The officers of the bank have made a statement to the effect that the concern has not made any money during the past year. The bank was obliged some time ago to sell securities for less than their face value to meet demands. At the present time it would be impossible to turn securities into money in time to meet calls for July. It was therefore decided to close up the business. The State Banking Department, through the_Attorney-General.necordingly began proceedin S to wind up the bank. giving notice of application for 11 receiver and forbidding the officers of the bank to receive or pay out any money without further orders. The Banking Department thinks that there is not business enough to maintain such a bank. and says there are some irregularities in its management. At pr sent the bank has over four hundred OD n accounts. nearly two hundred of which will average about $10 each. The suspension affe is more espocialisthe poorer classes-thous who have worked hard to earn their money and who need every cent of it. Some of these depositorsdemaniithatthetrustees make good any deficiency wh ch shall be shown when the effeirs of the susp nded concern are finally settled. The President of the bank. Mr. R.P. Eells, one of the oldest and most prominent residents of Rockland county, called a meeting of the directors some time prior to the closing of the concern and it that meeting it was decided to wind up the affairs of the bank. No accounts have been opened in the bank since the month of May. Mr. Calls claims that if the securities are properly eared for and prudently turned into money. in the end the depositors will receive their money. A rumor that de-
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THE EAST. Two hundred Mormons arrived at New York from Europe on the 25th inst., and left on the same afternoon for Salt Lake City. THE strike of silk weavers at Patterson, N. J., continues. Solelilaes weavers, who demanded a 10 per cent. advance have been locked out until they submit to a 20 per cent. reduction. A COMMITTEE of ladies, representing the Women's Temperance Union, waited on Mayor Prince, of Boston, on the 22d inst., with a petition that no intoxicating liquors be used at the banquet to be given in honor of President Hayes, by the city of Boston. Mrs. Livermore headed the delegation. The mayor made an address in which he said, It is customary on similar occasions to furnish wine and I shall certainly do so in this instance." THE Moulders' Union, of Troy, N. Y., one of the strongest in the country, resolved to allow members to work in any shop on any terms, which is a virtual dissolution of the union. This action ends a strike of eight months' duration. SECRETARY of State, Bigelow, in defense of Mr. Fairchild's action in the case of Tweed, says that while the statement was under consideration, information reached the attorney-general that Tweed has to his credit in Europe $2,000,000, and that he was only waiting to secure his discharge to rejoin his confederates, to embark with them in a large street railway speculation in Madrid. e THE Rockland Savings Bank at Nyack, N. Y., has suspended payment. Two or three hundred employes of Pamil & Booth's silk mills at Patterson, N.J., struck for higher wages on the 19th inst. THE exclusion of Mr. Joseph Seligman, banker, from the Grand Union Hotel, Saratoga, under the operation of the rule established by Judge Hilton, successor of A T. Stewart, excluding all Jews from the hotel, occasions much excitement in Jewish circles and awakens much interest in all other classes. Mr. Lauterbach, counsel for the Seligman house, says he believed Judge Hilton was amenable civilly and criminally under the civil rights act, for refusing a re spectable man admission to a public hotel
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NEWS OF THE WEEK. WASHINGTON. The 4 per cent. bonds are to be paid, principal and interest, in coin. Nicholas Fish, son of ex- Secretary Fish, has been appointed Minister to Switzerland Prest Henry Ward Beecher called on the dent on the 19th. Contracts were awarded on the 20th for for mail service to and from the Black Hills nine months. Letter-carriers' salaries are to be reduced 5 per cent. Up to the close of business on the loan 21st about $800,000 of the new 4 per cent. had The been report subscribed of the Department for. of Agricult- than ure for June indicates a better prospect usual for wheat. The President has decided that the consolidated Illinois pension agency shall be be re- located at Chicago. Miss Ada Sweet will tained as agent. A good understanding is stated to exist forces be. tween the commander of the Mexican the Rio Grande and Gen. Ord. on Hayes has appointed Rufus President Pension Agent at St. Louis, Mo. in Campion Mr. Campion was formerly Chief Clerk the agency. Gen. Sheridan does not fear any serious once outbreak of the Mormons, but will at send troops should there be any indication of trouble. The Freedmen's Bank Commissioners believe that the institution will finally indebtedness. be ena50"per cent. of its bled President to pay and Mrs. Hayes, and Evarts, Washand Devens, of the Cabinet, left Secretary ington Key for Boston on the. 26th. Schurz joined the party at New York. Wilkins, Collector of the Port of Baltimore, Col. positively refuses to resign. at the request of the President. THE EAST. Under the operation of a rule established Stewart, Judge Hilton, successor of T. by Jews from his hotel (the Union) excluding Josepb Seligman, one of the refused most prominent Saratoga, bankers in New York, was exciteThis has occasioned much much rooms. ment in Jewish circles and awakens interest in other classes. the 18th U.S. Marshal Fred. Douglass visited On St. Michaels, Md., for the first years time since he ran away from there forty-one masHe was well received by his old adago. ter, Capt. Thomas Auld, and made an dress to the colored people. Base-ball on the 19th: Boston 13, St. Louis0 Hartford 13, Chicago 1. William H. Vanderbilt has been elected HudPresident of the New York Central & River Railroad. son The twenty fifth anniversary of the Shields on Guards was celebrated at Auburn, N.Y., 20th. Among the distinguished guests Gov. the were Gen. Shields of Missouri, Robpresent Hampton of South Carolina, and Gov. Inson. The concluding exercises of the examination at the Naval Academy at Annapolis, number Md., took place on the 20th. The of graduates is forty-nine. The Rockland Savings Bank, of Nyack, N. Y., has suspended payment. John I. Townsend, counsel of Boss" Tweed, published in the New York papers on the 20th his account of the negotiations with Tweed. -Gen. Fairchild for the release Atty asserts that Fairchild stated to him that if He Tweed would make a full confession and restore what he had left of his property he would be released. Tweed offered to com- and ply, but his offer has not been accepted he is still prisoner. In defense of Atty. Gen. Fairchild's action in the Tweed case, Secretary of State Bigelow consays that, while the statement was under that sideration, information reached him had to his credit in Europe $2,000,000, Tweed that he was only waiting to secure his discharge and to rejoin his confederates to em- in bark with them in a railway speculation Madrid. Base-ball on the 21st: St. Louis 12, Boston 11; Hartford 6, Chicago 0. The Moulders' Union, of Troy, N. resolved Y., one the strongest in the country has on of allow members to work in any shop, dis to which is considered virtual any solution terms, of the Union. This ends an eightmonths' strike. James Gordon Bennett has returned to New York Ex-Gov. Tilden, answering in the suit of Government to recover $150,000 alleged twelve the to be due as on his income for denial of 1874, makes a general inyears prior to the allegations. He says he had no such made Government asserts. He come return as of the his income for two years and paid he assessed tax. For the other years neglected the to make returns and the Assessor with the amount, the tax upon which, of fixed penalty, was paid. The acceptance consuch the payment, defendant claims, was it clusive on the Government and barred from any other claim. Tweed will make no further statement unless his release is assured. ford 3. Base-ball on the 23d: Louisville 5, HartRevenue officers on the 23d made-a raid on distillers in the mountains in Pennsylillicit vania near the West Virginia line, about captured teen miles from Uniontown. They ten persons and seized four stills. A Mauch Chunk (Pa.) telegram of murdered the 23d the Mollie Maguires have and John says O'Connor, near White Haven, Jas. Wm. a miner in the Lehigh collieries. Grady, and Michael O'Brien, who were witnesses McDermott against several Mollies, have mys- to teriously disappeared and are supposed have been murdered. The steamship Wyoming, which arrived at New York from Liverpool on the 23d, brought Lake 300 Mormon converts on route for Salt Seventy-two buildings in Marblehead, including the entire business portion HunMass., the town, were burned on the 20th. of dreds of of men and women are thrown out employment. The loss is estimated at about were $500,000. Fifteen acres of ground burned over. Robert Dale Owen died at his residence at Lake George, N. Y., on the 25th. The little sail-boat New Bedford, in which to Capt. Crapo and his wife are proceeding in latitude was spoken on the 25th England, 44, longitude 48. " All hands" were well, Base-ball on the 25th: Hartford 5, Louis. ville 4-eleven innings. WEST AND SOUTH. American Nurserymen's Association commenced The its annual SESSION at Chicago the 20th. Ex-State Auditor Johnson, of Louisiana, been sentenced to the New Orleans refusing prison has for ten days and fifty dollars fine for certain to produce certain books and answer
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Third Edition THE LATEST Briefly Told. National Associated Press to the Star. ST. JOSEPH, April 3.-The Democrats elect their entire city ticket by good majorities. All the Councilmen are Democrats. WASHINGTON, April 3.-The President sent to the Senate to-day the nomination of Edward C. Dean to be Police Commissioner for the District of Columbia. KANSAS CITY, April 3.-The Democratic ticket was elected by majorities ranging from 50 to 400, except for Treasurer. The Democrats elect three Aldermen and the Republicans three. NYACK, N. Y., April 3.-The Receiver of the Rockland Savings Bank has brought suit against the trustees of the bank as trustees and as individuals, for $33,000, the amount embezzled by the President, Vice President and Secretary, and oth officers of the institution. HAVANA, April 3. -The Insurgent General Boloff says he was in the campaign during the whole insurrection, and capitulated in obedience to orders from the Cuban Camara. The motives for making peace are unknown to him. He had two thousand persons about him, and eight hundred of them armed when he capitulated.
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Trustees Responsible for their Offices. NYACK, N. Y., April 3 -The Receiver of the Rockland Savings Bank has brought suit against the trustees of the bank as trustees and individuals for $33,000, the amount embezzled by the present secretary, Vice President and other officers of the institution, claiming that the trustees are liable for negligence in allowing money (f the bank to be embezzled by its officers.
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Suit for Embezzlement. NYACK, N. Y., April 3.-The Receiver of the Rockland Savings Bank has brought suit against the trustees of the bank, as trustees and as individuals, for $3,300, the amount embezzled by the President, Secretary, Vice President and other officers of the bank, claiming that the trustees are liable for negligence in allowing the money of the bank to be em bezzled by its officers.
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LIABILITY OF BANK TRUSTEES. NYACK, N. Y., April 3.-The receiver of the Rockland Savings Bank has brought suit against the trustees of the bank, as trustees and as individuals, for $33,000, the amount embezzled. by the president, secretary, vice-president. and other officers of the institution, claiming that the trustees are liable for their negligence 11) allowing the money of the bank to be embezzed by its officers.
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The issue of the suit against the trustees of the Rockland Savings Bank, at Nyack. will be watched with interest. The receiver has brought suit against the trustees. both in their official capacity and as individuals, for $33,000, the amount lost by the bank through the criminal dishonesty or eulpable negligence of its President. Vice-President, and Secretary. The claim of the prosecution that the trustees are pecuniarily liable in such cases affects not only the Rockland Bank. but every other that has failed within recent years.