9f7ab264Accommodated withdrawals
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An idle rumor that the Dime Savings Bank lost $75,000 by the failure of the Aultman Company started a run on the bank at Canton, O., yesterday. All ereditors were promptly paid The bank officials say the bank carried no paper of the Aultman Company and has incurred no loss.
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News of the Day. A loving-cup was presented yesterday to the Archbishop of Canterbury at the General Episcopal Convention, in Boston. Ex-President* Cleveland will preside and make a speech at a great democratic mass meeting in Carnegle Hall, New York, October 21. Confederate veterans of Texas yesterday celebrated on Sunday the eightysixth birthday of Judge John H. Reagan, the only survivor of the Confederate Cabinet. Chinese troops have defeated a large body of rebels at Lochengshien after a three-day fight. The Boxer movement is reported to be spreading in the northern provinces of China. A idle rumor that the Dime Savings Bank of Canton, O., lost $75,000 by the failure of the Aultman Company started a run on the bank yesterday. All creditors were promptly paid. A suicide pact has resulted in the death of Miss Minnie Ifiand, 20 years old, and Lulu Cook, 14 years old, daughters of farmers 20 miles south of Kankakee, III. Clasped in each other's arm's the two drank the contents of an ounce bottle of strychnine. Death came before medical aid could be summoned. The reading of trashy novels is said to have led to the suicide. A hundred workmen were buried by the fall yesterday of walls in course of erection for an extension of the Casa Pra stores in Santiago, Chile. Fifteen corpses and forty wounded have been removed from the ruins. The walls, which were constructed of iron and cement, had reached a height of four stories. There is much indignation against the architect who had charge of the work. William Jones, of Mole Hill, Ritchie county, W. Va., cut his throat with a razor Sunday in the presence of his brother's wife and died almost instantly. He had but recently been released from the Weston Insane Hospital. About a year ago his son Creed was assassinated in his nome by someone who crept up to the window at night and shot from outside, A week later Ard Jones killed himself on his brother Creed's grave and left a note confessing that he killed his brother. A third attempt by childron to wreck Norfolk and Western trains occurred Sunday at Willis, W. Va., a station about eighty miles west of Roanoke. Willie Cleburne, an eight-year-old boy, placed a piece of iron on the track in front of passenger train No. 4 and the pony trucks of the engine were derailed. The boy was considered too young to be arrested, but he was given a sound flogging by his parents in the presence of Norfolk and Western detectives. This is the third attempt by children at wrecking trains on the Norfolk and Western within two months, two of which were successful, one at Dunlow last week and the other "at Oakvale, seven weeks ago. The apidemic of river suicides in Wheeling, W. Va., continues. At noon Sunday the body of Miss Rock, who leaped from the bridge about a week ago, was taken from the Ohio river, and a few hours later Mrs. James Reese, a young married woman, who had found a letter from a woman in the pocket of her husband, walked out to the same spot on the steel bridge and started to climb the railing. Her nerve evidently failed her. She then walked to the levee and plunged into nine feet of water. Jack Doyle, swam out to her, catching the woman by the hair as she was sinking the third time. She was taken ashore, and atter being restored sharply reprimanded her rescuer for not permitting her to die.
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Run on Dime Saving Bank. An idle rumor that the Dime Savings bank at Canton, 0., lost $75,000 by the failure of the Aultman company started a run on the bank.
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Rumor Results in Run on Bank. An idle rumor that the Dime Sav ings Bank in Canton, Ohio, lost $75, 000 by the failure of the Aultman company, started a run on the bank Monday. All creditors were promptly paid. The bank was not affected.
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NEWS IN SHORT ORDER. The Latest Happenings Condensed for Rapid Reading. Domestic, R. M. McFarland, vice president of the defunct national bank at Holdenville, was arrested in Muskogee, I. T., and placed under $50,000 bond on a charge of misappropriation of the funds of the bank. Henry B. Metcalf, of Pawtucket, R. I., who was the Prohibition candidate for governor of Massachusetts and the candidate of the party for vice president in 1900, is dead. An idle rumor that the Dime Savings Bank of Canton, O., lost $75,000 by the failure of the Aultman Company started a run on the bank. All creditors were promptly paid. Frank De Peyster Hail, a prominent New York clubman, who had several suits for slander pending on account of ugly statements concerning his morals, committed suicide. Fifteen hundred miners employed by the Massillon (O.) Coal Mining Company went on strike, demanding an advance of two cents a ton. The guests of the Forest Park Hotel, in St. Louis, had a narrow escape from fire. By the sinking of a yacht in the lake near Chicago, three of the four persons on board were drowned. While suffering from delirium tremens, Dr. Edward J. Belt, of Springfield, Mass., shot and wounded Dr. Benjamin Jackson, his physician, and Judson Strong, Jr., and then committed suicide. The remains of Postmaster General Payne were buried in Forest Home Cemetery, in Milwaukee, after they had been viewed by about 25,000 persons as they lay in state in the city hall. Najit Hashin and his Chicago bride, who were arrested at the instance of the bride's father on the charge of theft, were released on habeas corpus proceedings. Henry E. Simmons, a member of the wealthy colony at Summit, N. J., was arrested on the charge of looting while executor of the estate of his Connecticut aunt. The Convention of the Boys' Brigade, in Washington, concluded with a mass-meeting in Mount Vernon Place Methodist Episcopal Church, South. Frank Woodbridge, wanted in Honolulu for embezzlement committed about three years ago, was found on the transport Logan and arrested. Charles A. Ward was arrested in New York on the charge of getting $30,000 from justices of the Supreme Court by misrepresentation. Allen M. Gangewar, who was once private secretary to Secretary Salmon P. Chase, of Ohio, died in Washington. Mrs. Martha C. Noxon sued Mary E. Remington for $10,000 damages for alienating the affections of her 70year-old husband. Six Grand Trunk Railway trainmen were suffocated to death in the tunnel under the St. Clair River, at Port Huron, Mich. John Whipple, the outlawed Massachusetts farmer, was surrounded in a barn by a posse, and put two bullets into his head rather than be captured. His injuries are probably fatal. David Auld, president of the First National Bank and a pioneer Kansas dropped dead in Atchison, Kan., aged 80 years. Mr. Auld built the Hannibal Road into Atchison. Rowland C. Hill was shot and killed in Memphis by Ben Gillam, colored, who was defending Mrs. Emma Leonard from Hill's unwelcome attentions. Six hundred students of the University of Wisconsin were ducked in the waters of Lake Mendota in the annual university freshman-sophomore rush. The International Peace Congress decided to hold the next convention in Lucerne, Switzerland. A scheme for an international court was proposed. Charles, alias "Shotgun," Foley was hanged in New Orleans. It was the first execution there of a white man in a number of years. Mrs. Carrie Nation was fined and sent to jail in Wichita, Kan., for saloon-smashing, while her companions were only fined. William E. Dunlap, an artilleryman made a sensational escape from Fort Snelling, where he was under sentence. Four men were horribly burned at the Wharton Furnace, at Wharton. Pa., and at least one of them will die. The three-masted schooner James R. Talbot was burned near Rockland Breakwater, off the coast of Maine. One person was killed and seven injured in a collision on the Panhandle Railroad between the Wheeling express and a freight engine. The Nebraska, the latest and largest United States battleship, was successfully launched an Seattle. William B. Gaitree, former superintendent of rural delivery for Ohio,
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SENSELESS RUMORS OR MARVELOUS LIES Start a Run on the Dime Saving Bank. $35,000 PAID OUT-AMPLE FUNDS TO MEET ALL DEMANDS ON HAND False Report That the Aultman Company Was a Borrower-That Corporation Never Had a Dollar From the Bank Nor Do They Owe or Stand Endorser For a Penny-Statement From Bank Officials and From W. A. Lynch. One of the most senseless runs in the history of banking occurred Monday morning by a number of small depositors of the Dime Savings Bank becoming frightened through false rumors. A large number of depositors beseiged the bank from eleven o'clock in the morning until the close of the
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Newsy Gleanings. After two weeks of unseasonable heat a cold wave struck Texas. The parcel post treaty between the United States and Japan has gone into force. Contrary to the usual practice the protected cruiser Chattanooga will be commissioned before given her trial trip. A rumor that the Dime Savings Bank, at Canton, Ohio, had lost $75,000 by a local failure started a run on the institution.
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NEWSY GLEANINGS. After two weeks of unseasonable heat a cold wave struck Texas. The parcel post treaty between th United States and Japan has gone into force. Several trains on the Atchison, Topeka and Santa Fe Railroad were tied up at Ardmore, I. T. Courtmartials during 1901 in the army were only 4249, or 1026 less than the year preceding. For trying to wreck a trolley car Nick McIntosh was sentenced at Savannah, Ga., to life imprisonment. Contrary to the usual practice the protected cruiser Chattanooga will be commissioned before given her trial trip. A rumor that the Dime Savings Bank, at Canton, Ohio, had lost $75,000 by a local failure started a run on the institution. Shot at their respective homes by Billy Fixcat, a full blooded Indian Jack Ellis and Walter Reidy are dead at Holdenville, I. T. Filling a cigar box with cotton. Township Clerk James F. Killen, at Celina, Ohio, poured chloroform on it. buried his nose in the cotton and was found dead. Guests of the Forest Park Hotel, just outside the Exposition grounds at S. Louis, Mo., were routed out by a fire in an adjoining amusement place, which caused $10,000 loss. Ten per cent. of the 16,000 children in the Berlin schools this year were found insufficiently developed in body or mind, and had to be excluded for half a year or longer. Lighting fires for the Jews is the way In which some people in Manchester, England, earn a living. Strict Jews must not light fires or candles on the Sabbath, which begins on Friday at sunset.
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Newsy Gleanings. After two weeks of unseasonable heat a cold wave struck Texas. The parcel post treaty between the United States and Japan has gone into force. Contrary to the usual practice the protected cruiser Chattanooga will be commissioned before given her trial trip. A rumor that the Dime Savings Bank. at Canton, Ohio, had lost $75,000 by'a local failure started a run on the institution
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TIME TRIED AND TRUE Enjoying the Fruits of Its Past Experience. THE DIME SAVINGS BANK Large Increase in the Volume of Its Business Since the Failure of the State Bank-Reasons For It. "Every cloud has its silver lining," Is an old adage that has been verified in the case of the Dime Savings Bank of this city. Since the failure of the State bank the increase of business at the Dime is proving extremely gratifying to the directors and its officers. The run that was on at the Dime some months ago proved to the satisfaction of every one that the bank is as solid as a rock and that it can weather any storm in financial matters. One of the greatest standbys of the Dime is the high standard of its directory. Comprising as it does the flower of the city's solid business interests, F. E. Case, the president, is the head of the Harvard Chair Co. and one of the wealthiest men in the city. Henry A. Wise, ex-probate judge, is a man of sterling qualities and solid business judgment. Jacob I. Piper, cashier of the bank, is a painstaking and competent man who thoroughly understands his business. Julius Whiting, Jr., is one of Canton's leading capitalists and property owners. W. J. Poyser is one of the leading spirits in the Bucher-Gibbs Plow Co., and a large property owner. J. F. T. Walker is secretary of the Savings and Loan Co., and a gentleman of much experience. Oliver M. Coxen, ex-clerk of court, has excellent judgment and conservatism. Andrew Pontius is one of Stark county's successful farmers. L. A. Loichot, cashier of the First National bank, needs no recommendation, as his ability is well known. W. H. Smith, mayor of the city, completes the ten members of the board. Canton takes pardonable pride in having a bank like the Dime, that has successfully withstood what most banks are afraid of, a run, the fact that every depositor was given his money at once upon request, and that after the run was over that it had thousands of dollars on hands, and that it did not ask any one for assistance spoke volumes for its stability and the soundness of the institution. That the people appreciate what the Dime has done is shown by the large Increase in the business recently. The failure of the State bank caused the tpening of numerous new accounts in this bank, and people who are tired of trying new institutions are now going to an old reliable bank like the Dime, where they know their money will be lafe. Friends of the Dime are congratulatIng the institution upon the fact that It. had a run when it did, as by no other means could such an excellent testimonial be shown, and just at this time the reward is coming in the shape of largely increased business, SO that the apparent misfortune was in reality a favor in disguise.