eec99707None
Click image to open full size in new tab
the C. D. & M. to the answer and cross petition of the Cincinnati Trust company, and Leffler, & Bland, were filed without authority, as also was the motion of the C. D. & M. for the appointment of a receiver, and it is again recited that the Marion county court does not have jurisdiction in the matter. Crissinger & Guthery, of Marion, ind Booth, Keating, Peters &1 Pomer
Click image to open full size in new tab
by RECEIVER ASKED FOR GEORGE B. COX'S BANK. By Special Leased Wire to New Mexican) Cincinnati, Ohio, Jan. 31.-Suit was filed here today by Harry Bush, a stock holder, asking for the appointment of a receiver for the Cincinnati Trust Company, of which George B. Cox was president, and which was recently absorbed by the Provident Savings Bank & Trust Company.
Click image to open full size in new tab
ASKS RECEIVER FOR TRUST COMPANY HEADED BY COX Cincinnati, Ohio, Jan. 31.Suit was filed here today by Harry Bush, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company.
Click image to open full size in new tab
COX ACCUSED OF $1,000,000 FRAUD NOW G. 0. P. Leader and Officers of Cincinnati Trust Company Sued. CINCINNATI, O., Jan. 31.-Suit charging that Republican Boss George B. Cox and the directors and officers of the Cincinnati Trust Company fraudulently misplaced, misused and misapplied nearly a million dollars of the funds of the Cincinnati Trust Company, of which Cox was president, for their individual use and gain, and asking an accounting and a receiver for the assets, was filed today in Common Pleas Court.
Click image to open full size in new tab
CHARGE $1,000,000 MISUSED ACCOUNTING NOW DEMANDED BY NEW SUIT IN CINCINNATI REPUBLICAN BOSS COX AND OFFICERS AND DIRECTORS OF TRUST COMPANY ARE NAMED IN THE SUIT. CINCINNATI, Jan. 31 - A suit changing Republican Boss Cox and the directors and officers of the Cincinnati Trust company with having fraudulently misplaced and misused nearly $1,000,000 of the funds of the company for individual gain, and asking that an accounting be demanded and a receiver be appointed, was filed in the common pleas court here today.
Click image to open full size in new tab
CLAIM DIRECTORS GOT "CONSIDERATION Cincinnati, February 3.-Certain directors of the Cincinnati Trust company, of which G. B. Cox was the head, are charged with having receive ronsiderations" from borrowers in a suit filed today in federal court by Harvey Myers, a stockholder. The suit charged that doubtful loans were made under this arrangement and that the "consideration" was not placed among the assets. The suit asks an accounting for $1,048,000; said to have been loaned. Suits asking the appointment of a receiver for the trust company, which has been absorbed by the Provident Savings Bank and Trust company, were filed in the state courts this week.
Click image to open full size in new tab
ASK RECEIVER FOR cox BANK. 00/2010 31979 5 Stockholder 001 Charges $1,000,000 398 901020 is Misapplied to Cincinnati Firm. Cincinnati-Harry Busch a stocks holder in the Cincinnati Trust com any of which George B. Cox was president before It was absorbed COOLD by the Provident Savings bank and Trust company. has filed snit asking forothe appointment of a receiver for the Cincinnati Institution. The suit was directed not only at the Cincin nati Trust company, but at Cox as president; Nat S. Keith as secretary F. R. Williams as treasurer, and at several directors Busch also asked that the liquidat. ing trustees of the Cincinnati Trust company be :compelled tespay $1,000,000 for división among the stockholddrs of the bank. It was charged that the officers un derwrote: and subscribedoan amount for: the Flord & Johnston company be< lieved to have aggregated $1,000,000. knowing at the time that the Ford & Johnston company WAA
Click image to open full size in new tab
Domestic Suit was filed at Cincinnati by Harry Busch, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company. It was alleged in the petition that the officers and directors wrongfully misused the funds of the property for their own purpose. * * * Denial of alleged violations of the anti-trust law is made by the United States Steel corporation, its subsidiaries and directors in their answers to the government's dissolution suit filed in the United States district court at Trenton, N. J. Five separate answers were filed among 33 defendants. * * * Fire partly destroyed the office building of the Emerson Brantinegan company at Rockford, III., causing an estimated loss of $50,000. ... Four persons were burned to death or died from suffocation, and five others were seriously injured as a result of a fire at the home of Curtis Hale at Claytonia, a mining town ten miles from Butler. Pa. * * * Thieves got away with a tombstone weighing nearly a ton and ready for installation over a grave in a Macon (Ga.) cemetery and the police admit they have no clue either to the identity of the thieves or to the hiding place of their booty. * * all Securities of the Russell Sage estate and the bonds and stocks of the Harriman, Union Pacific and other corporations were found intact when the last vault was opened in the ruins of the Mercantile Safe Deposit company building in New York.
Click image to open full size in new tab
A "back to the farm" movement was advocated by members of the Indiana commission on industrial and agricultural education in the first of a series of conferences at South Bend. *** The task of raising the sunken battleship Maine in the harbor of Havana was crowned with success when the after section, which was not injured by the explosion and comprises half the total length of the ill-fated vessel, was set afloat. It will be towed out into the bay. ... As a result of a collision between the steamer Allegheny of the Hamburg-American line and the steamer Pomeran, the former vessel lies at the bottom of the Atlantic, 75 miles east northeast of Cape Henry. The latter had her bow stove in, but rescued the crew and passengers of the sunken steamer. Joseph Cotton, his son, Smith Cotton, and Joseph Sanchez, charged with violating a federal injunction restraining striking Illinois Central shop. men and sympathizers from interfering with the affairs of the railroad at McComb City, Miss., were found guilty by United States District Judge Niles, fined $100 each and sentenced to four months' imprisonment. The $50,000 suit for damages, started nine months ago against Mayor Seidel of Milwaukee by Circuit Judge Franz Eschweiler for libel, resulting from a campaign speech, has been settled out of court. The mayor has secured a settlement by writing a letter in which he charges that the statements attributed to him were never made. Suit was filed at Cincinnati by Harry Busch, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company. It was alleged in the petition that the officers and directors wrongfully misused the funds of the property for their own purpose. Assessment rolls of 1912 of Greenwich, Conn., sometimes called the wealthiest suburb in America, show a total of taxable property of $35,000,000, an increase of $9,000,000 over the list of 1911 and an increase of nearly $25,000,000 in ten years. Fifty-one millionaires are included in the list of taxpayers. Wirconsin's water power law, passed by the legislature of 1911 and which sought to vest in the state all rights to water power heretofore held by corporations and individuals, subject only to lease, was declared unconstitutional by the state supreme court.
Click image to open full size in new tab
EX-BANK HEAD ACCUSED E. F. Galbreath Arrested for Misapplication of Funds. Cincinnati, May 2.-E. F. Galbreath, expresident of the Second National Bank, of this city, was arrested here to-day by a United States marshal on the charge of misapplication of $33,000 of the funds of the bank. The bank was recently discovered to be in an embarrassed condition, and is now being operated by members of the Cincinnati Clearing House Association, with a new set of officers in control. Galbreath was taken before United States Commissioner Adler. He pleaded not guilty and waived examination. Bond was fixed at $15,000. The arrest of Galbreath came as a development of the investigation of the Second National Bank by R. W. Goodhart, a federal bank examiner, several weeks ago. Goodhart found that the entire surplus of the institution was gone, and that the capital stock would be eaten up in protecting depositors. According to financiers familiar with the affairs of the Second National Bank, one of the chief causes of its troubles was the loaning of a sum, said to be nearly $600,000, on stock of the Ford-Johnson Company, a furniture and chair making concern, which had contracts for convict labor at many state penitentiaries. This security, it is said, deteriorated, particularly after the company was thrown into the hands of a receiver. Just prior to the Clearing House taking charge of the Second National the bank was compelled to charge off the amount of the loan from its surplus. Then other paper was rejected and directors were called on to take up other loans held by the bank. The Ford-Johnson paper also figured in the embarrassment of the Cincinnati Trust Company, of which George B. Cox was president. The trust company was taken over by the Provident Savings Bank and Trust Company several months -ago.
Click image to open full size in new tab
CINCINNATI JURY INDICTS G. B. COX True Bills Found Against Him and Other Officers of Defunct Trust Company. CINCINNATI, O., March 18.George B. Cox, former president of the defunct Cincinnati Trust Company: two former officers of the company and eight members of the board of directors, were named in the sealed indictments returned by the Hamilton county grand jury yester day. The envelopes containing the indictments were opened by Judge Cosgrove today. One bill of nine counts charges the "misapplication of $115,000 of the bank's money" through alleged illegal loans to the Ford & Johnson Chair Company, now in the hands of receivers
Click image to open full size in new tab
COX IS INDICTED IN A BANK FRAUD Cincinnati, Ohio, March 18.-George B. Cox, former president of the defunct Cincinnati Trust company, two former officers of the company and eight members of the board of direc. tors have been named in sealed ,indictments returned by the Hamilton county grand jury. A bill of nine counts charges "misapplication" of $115,000 of the bank's money through alleged illegai loans to the Ford & Johnson Chair company. now in the hands of receivers. Three officers and six directors are charged with having converted to their own use a promissory note of the trust company for $352,500.