d8a85de2Full suspension, Books examined
Other: Receiver later paid dividends to creditors (1903 partial distributions).
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National Bank Closed. (By Associated Press.) Washington, Feb. 25.-The comptroller of the currency today appointed National Bank Examiner J. W4 Delay recelver of the First National bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed the doors.
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A BANK RECEIVER IS APPOINTED The First National Bank at Belmont, Ohio, This Morning Closed Its Doors by Order of Its Directors. THE DEPOSITS ARE $251,596. CASH ON HAND $20,900 Washington, Feb. 25.-The comptroller of currency appointed National Bank Examiner J. W. Delay receiver of the First. National Bank of Belmont, Ohic, upon telegraphic advice from the directors that they closed their doors. The deposits are $251,596;loans and discounts $220,638; cash on hand $20,900.
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Belmont, Ohio, Bank Closed. The controller of currency today appointed National Bank Examiner J. W. DeLay receiver of the First National Bank of Belmont, Ohio, upon telegraphic advice from the directors of the bank that they had closed its doors. The following is a statement of the resources and liabilities of the bank as shown by the report of the national bank examiner of an examination made February 12, 1902: Liabilities-Capital stock, $50,000; surplus fund, $10,000; individual deposits, $251,596.75; circulation, $50,000; notes and bills rediscounted, $2,000; total, $363,596.75. Resources-Loans and discounts, $220,653.13; United States bonds and premium, $57,000; stocks, securities, claims, etc., $39,922.25; banking house, $8,100; due from banks, $17,016.17; cash on hand, $20,900.20; total, $363,596.75.
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BELMONT, O., BANK FAILS. Washington, Feb. 25.-The comptroller of the currency today appointed National Bank Examiner J. W. Delay receiver of the First National bank of Belmont, Ohio, upon telegraphic advice from the directors of the bank that they had closed the doors. The following is a statement of the resources and liabilities of the bank as shown by the report of the national bank examiner made Feb. 12, 1902: Liabilities-Capital stock, $50,000; surplus funds, $10,000: individual deposits $251,596; circulation $50,000: notes and bills discounted, $2,000; total, $363,596. Resources-Loans and discounts, $220,638; United States bonds and premiums, $57,000; stock, securities, claims, etc., $29,942; banking house, $8,100; due from banks, $17,016: cash on hand, $20.900. Total, $363,596.
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Capital Notes. W. Scott Smith, secretary to Secretary of the Interior Hitchcock, denied, Tuesday, reports that Mr. Hitchcock contemplates retiring from the cabinet. The denial is by authority of Secretary Hitchcock. The comptroller of the currency, Tuesday. appointed National Bank Examiner J. W. Delay receiver of the First National Bank of Belmont, Ohio, upon telegraphic advices from the directors of the bank that they had closed the doors. The bank's capital stock was $50,000 and It had deposits amounting to $251,196. Secretary Hay has been informed by the Turkish legation at Washington that Miss Stone has been released on Turkish territory. Mr. Leishman has not yet confirmed the press reports on this subject. The Board of Foreign Missions at Boston has telegraphed Sec. Hay an expression of thanks for the efforts of the state department which have resulted in Miss Stone's release. It has been practically decided that the formal cerémonies Incident to the taking over of the Danish West Indies by the United States shall be performed by the army. and it is probable that a detachment of troops from Porto Rico will be sent to the islands soon after the exchange of ratifications of the treaty to raise the flag and formally take possession of the new territory. While not definitely determined, It is stated that the Islands will be placed. with Porto Rico, under the control of Gov. Hunt.
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RECEIVER FOR OHIO BANK. First National, of Belmont, Closes With $363,000 Liabilities. The Comptroller of the Currency yesterday appointed National Bank Examiner J. W. DeLay receiver of the First National Bank of Belmont, Ohio, upon telegraphic advices from the directors of the bank that they had closed its doors. The bank's liabilities amount to $363,596.75.
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An Ohio Bank Failure. Washington, Feb. 26.-The comptroller of the currency has appointed National Bank Examiner J. W. Delay receiver of the First National bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed the doors.
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NATIONAL BANK IN OHIO SUSPENDS. Washington, Feb. 25.-The Controller of the Currency to-day appointed J. W. Delay, national bank examiner, receiver of the First National Bank of Belmont, Ohio. upon telegraphic advice from the directors of the bank that they had closed the doors. The First National Bank of Belmont, Ohio, suspension of which was announced yesterday, has as its local correspondent the Hanover National Bank. At the latter institution it was said that the Ohio bank had a small credit balance. Little or nothing else respecting the insolvent bank seemed to be known. A special dispatch from Belmont gives the bank's undivided profits as $300.
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THREE BANK, LIQUOR DEALER AND HARDWARE DEALER BANKRUPT. Belmont, Ohio, Bank Closes Its Doors Voluntarily. Washington, Feb. 25.-The comptroller of the currency today appointed National Examiner J. W. Delay receiver of the First National bank of Belmont, O., upon telegraphic advices from the directors of the bank, that they had closed the doors. The following is a statement of the resources and liabilities of the bank. as shown by the report of the National bank examiner of an examination made February 12, 1902: Liabilities-Capital stock, $50,000; surplus funds. $10,000; individual deposits $51,596; circulation $50,000; notes and bills discounted $2,000. Total, $363,596. Rescurces-Loans and discounts, $220,638; U. S. bonds and premiums, $57,000; stocks, secureties. claims etc, $20,942; banking houses, $8,100; due from banks, $17,016; cash on hand, $20,900. Total, $363,596.
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NATIONAL BANK CLOSED. / Comptroller of the Currency Appoints Receiver for Institution. Washington, February 25. - -The comptroller of the currency today appointed National Bank Examiner J. W. Delay receiver of the First National Bank of Belmont, O., upon telegraphic advices from the directors of the bank that they had closed it. The following is a statement of the resources and liabilities of the bank as shown by the report of the national bank examiner of an examination made February 12, 1902: Liabilities-Capital stock $50,000, surplus funds $10,000, individual deposits $251,936, circulation $50,000, notes and bills discounted $2000; total $363,596. Resources-Loans and discounts $220,638. United States bonds and premiums $57,000, stock, securities, claims, etc., $39,922. banking house $8100, due from banks $17,016, cash on hand $20,900; total $363.596. Cincinnati, February 25.-At its last statement the First National Bank of Belmont had a capital of $50,000, a surplus of $10,000 and deposits of $240,000. A. B. Nichols is president and W. M. Kenney cashier.
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BANK RECEIVER APPOINTED. First National of Belmont. O. is in Trouble. Washington, Feb. 25.-The Controller of the Currency to-day appointed National Bank Examiner J. A. Delay receiver of the First National Bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed its doors. The bank has a capital of $50,000 and deposits amounting to $251,000.
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BANK CLOSED ITS DOORS. Receiver Appointed for First National of Belmont, O. The Comptroller of the Currency Tuesday appointed Bank Examiner J. W. Delay receiver of the First National Bank, of Belmont, O., upon receiving a telegram from the directors announcing that they had closed the bank doors. The First National Bank of Belmont, was organized with a capital of $50,000. The cashier, William Kinney, recently went to California for his health, and A. M. Simpson acted in his stead. It is said that S. S. Murphy, one of the incorporators, has been investigating paper on loans. President Nathan B. Nichols called for an expert from Washington, and it is said he pronounced the bank safe provided the paper out was good. Cashier Kinney was summoned home. He arrived on Saturday and at a meeting of the board resigned. This caused a run on the bank and its subsequent closing.
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William Emerson Richmond. familarly known as "Billy" Emerson. the amous minstrel, died at Boston, aged Years. 99 Th volcano Kilauea, in Hawaii. is showing signs of renewed activity. The visitors to the crater last week found ewly-risen lava and great heat. The $100,000 Arecibo municipal loan as been awarded to J. M. Ceballos & Co. of New York. The firm's Porto Rican municipal holdings now aggregate $1,100,000. Mrs. Louist de Champ, aged 104 ears. the first white child born in Wisonsin. died at the home of her daugher, Mrs. Moses Duquette, at Prairie lu Chein. She was born there in 1798. The comptroller of the currency has appointed National Bank Examiner J. W. Delay receiver of the First National ank of Belmont, O., upon telegraphic dvice from the directors of the bank that they had closed the institution. At Lawrence, Kan.. Edward Kathernan, aged 20. was shot and instantly tiller by J. B. Shane as Katherman was assing Shane's place of business. There had been no words or quarrel of ny kind between the men. Shane is elieved to have been insane. The maritime authorities at Calais. France, have posted as lost the sailng vessel Jules Jean Baptiste, bound or. St. Malo, France, which has been ong overdue. There were 80 persons n the vessel. including 60 passengers, nostly working people. John Queen, the well-known mintrel. is dead at St. Vincent's hospital in New York city of consumption. He si the third great fun-maker of the tage to pass away in the past fortnight. Queen was the author of many opular songs, among them "Goo-Goo Eyes." The St. Louis Chemical company. vith a capital of $1,000,000 has filed rticles of incorporation at Newark, N. J. The incorporators are David E. Harrison. John Foulkner. and George H. Courtes. The company will manuacture and carry on a general chemcal business. Surgeon General Sternberg has reeived a private letter from Colonel L. M. Maus, commissioner of public health t Manila. in which he says that sickess among soldiers in the Philippines ppears to be decreasing. and that here are no longer any complaints in regard to proper care of patients. For the loss of both feet by being run over by a street car. a jury sitting in the New Yory supreme court has warded 7-year-old Vincent Muessman $30,000 damages. This is said to be he largest award for personal injuries ver made in that state. Even for a leath it has only once been exceeded. The days of the cigarette smoker are numbered at the preparatory school of Northwestern university at Evanston. 11. Following the lead set at Oberlin and other universities. Professor Herert F. Fisk announced that all the young men who smoked the seductive 'white pipes" would have to leave the chool. Richard Gilliam, a young man, was tilled by two men, one using a beer ottle, the other a revolver. at Mt. Vernon, Ill. He was returning from vening service at church when atacked. Harry Start, George Hatfield nd Albert Young have been arrested. The assault is said to have been unrovoked. A dispatch from Ennis, the capital f County Clare, announces that Presdent Reid and Treasurer O'Brien and even members of the County Clare branch of the United Irish league have been sentenced to three months' imprisonment on a charge of unlawfully assembling for the purpose of intimilating a farmer. The French Chamber of Deputies, after a debate lasting several sessions.
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The Wheeling News of last week contained the following favorable mention of a promiment citizen of this place: The receiver of the First National bank of Belmont, Ohio., will commeaced the payement of a 35 per cent dividend to creditors on or about the 10th instant. Two dividends of 25 percent each have heretofore been paid, and this third one will be for 35 percent, making in all 85 percent, or more than $184,000 on proved claims, amounting to over $216,000 and due to nearly 600 creditors. Bank Examiner Francis Heermans of Kingwood, W. Va., was appointed rereiver in April last, and has been successful in realizing more from the assets of the insolvent bank than many of the creditors dared to hope for at the time of the bank's closing in February last. The payment oat of this dividend, over $75,000 will prove a help to the business community in and about Belmont.