17505. National Bank (Sumter, SC)

Bank Information

Episode Type
Suspension β†’ Closure
Bank Type
national
Bank ID
3082
Charter Number
3082
Start Date
August 22, 1887
Location
Sumter, South Carolina (33.920, -80.341)

Metadata

Model
gpt-5-mini
Short Digest
2aa3c116db334e46

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1887-08-24
Date receivership terminated
1891-03-05
OCC cause of failure
Fraud
Share of assets assessed as good
99.8%
Share of assets assessed as worthless
0.2%

Description

Cashier C. E. Bartlett absconded (reported Aug 22, 1887) after large defalcations. The bank suspended payment immediately and was placed in the hands of a receiver (John E. Phillips) within days; the institution did not continue regular operations and was wound up (receiver's actions, lawsuits, and later dividend distributions are reported). There is no clear evidence of a depositor-driven run β€” the suspension was caused by bank-specific embezzlement/insolvency.

Events (4)

1. November 26, 1883 Chartered
Source
historical_nic
2. August 22, 1887 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier C. E. Bartlett absconded on Aug. 22, 1887 after embezzling/defalcating large sums (reports vary: $5,500 in gold taken immediately, overall shortage later reported between ~$20,000 and ultimately reported ~$79,352). Directors posted 'closed' and suspended payments pending arrangements.
Newspaper Excerpt
The bank has suspended temporarily.
Source
newspapers
3. August 24, 1887 Receivership
Source
historical_nic
4. August 24, 1887 Receivership
Newspaper Excerpt
Mr. Samuel D. Tate, Government bank examiner, arrived... He took charge of the bank this morning... The receiver of the bank... Mr. John E. Phillips ... has been appointed receiver for the Sumter National Bank, which has been placed in such serious straits by the Bartlett defalcation.
Source
newspapers

Newspaper Articles (22)

Article from Daily Kennebec Journal, August 23, 1887

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Detaulting Cashier. CHARLESTON, S. C., Aug. 22. C. E Bartlett, cashier of the Sumter National bank at Sumpter, disappeared this morning with about $5,500 in gold. He is a defaulter to the amount of $20,000. The bank has suspended temporarily but can stand the loss.


Article from Sacramento Daily Record-Union, August 23, 1887

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He Closed the Bank. CHARLESTON (S. C.), August 22d.-C. E. Baztlett, cashier of the Summer National Bank, at Sumter, disappeared this morning with about $20,000. The bank has suspended temporarily. A Brutal Affair. - <


Article from New-York Tribune, August 23, 1887

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CASHIER GONE AND THE BANK SUSPENDED. CHARLESTON, S. C., Aug. 22.-A dispatch to The News and Courier reports that C. E. Bartlett, cashier of the Sumter National Bank at Sumter. disappeared this morning and It was subsequently ascertained that he had abseconded with about $5,500 In gold. He IS a defaulter to the amount of $20,000. Bartlett is said to have taken the Northern train on Saturday night and at Florence bought a ticket for New. York, probably as a blind. The bank has suspended temporarily.


Article from The Morning News, August 23, 1887

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BANK CASHIER FLEES. A He Took $5,500 in Gold and Left a Shortage of $20,000. COLUMBIA, S. C., Aug. 22.- A special to the Daily RΓ©gister from Sumter, in this State, gives full particulars of a defalcation which caused the National Bank in that place to close its doors and suspend payment to-day. Charles E. Bartlett, the cashier, who has held that position since the bank was organized in November, 1883, had been speculating unsuccessfully in cotton futures for the past two years. It has been known for some time that his books were incorrect, as be was unable to make a statement of the accounts between his bank and its New York correspondent, the Mercantile National Bank. The directors gave him until Monday to straighten out matters or resign. Saturday night he was noticed in the bank, and later was recognized at Florence, where he purchased a ticket by the Atlantic Coast Line for New York. An investigation this morning disclosed the loss of a bag containing $5,500 in gold. The directors have been in session all day, but thus far are unable to ascertain the extent of the loss, which, however, is supposed to be between $30,000 and $40,000. Bartlett's bond is for $20,000. The bank is expected to meet all demands in full by an assessment of 50 per cent., and to resume business shortly. Bartlett is about 35 years old, tall and slender. He was regarded as above suspicion.


Article from Wheeling Register, August 23, 1887

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Why He Disappeared CHARLESTON S. C., August 22 C. 1 Bartlett. cashier of the Sumter National Bank, at Samter, disappeared this morn ing, and it was extenquently ascertained that he had absconded with about$20.6 11.0 The bank has suspended temporarily, but can stand the loss.


Article from Great Falls Tribune, August 24, 1887

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Absconded. CHARLESTON, S. C., August 23.-C. E. Bartlett, cashier of the Sumpter National Bank of Sumpter, disappeared this morning with about $20,000. The bank suspended temporarily.


Article from The Memphis Appeal, August 24, 1887

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The Closed Bank NEW YORK, August 23.-A Charleston, 8.) O., special says: Great exeitement WAB created in Sumter yes terday morning when'the sign "closed" was found posted on the door of the Sumter National Bank On investigatien, it was found that the cashier, Charles E Bartlett, bad absconded with all the foods the bank. amounting to $6500, and that his books were abort to the amount of $20,000. Bartlett is believed to have gone to Mex ico. The feature of the defalcation which is creating the most talk is the fact that the bank directors knew'of the condition of the books weeks ago, and only three weeks ago met and passed 8 resolution to the effect that if his books were not straightened by August 15th they would require: his resignation. Bartlett's downfail was caused by heavy speculation in CO ten futures. The bank has suspended payment until some arrangements CAD be made. The directors will make the loss good and the bank will resume.


Article from The Manning Times, August 24, 1887

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CASHIER BARTLETT OF THE SUMTER BANK ABSGONDS WITH THE CASH ON HAND. RETAKES $5,500 IN GOLD AND HIS BOOKS ARE SHORT $20,000. [Special to the Nors and Couries.) SUNTER, August 22. This morning, at the usual hour for the Sumter National Bank to open, persons desiring to transact business were surprised to find the notice closed posted on the door. This of course, created considerable alarm, and in a few minutes men from all over town were hurrying in the direction of the bank, where they were informed that Cashier Charles F. Bartlett was missing and that no business would be transacted until the directors could meet. This created the wildest kind of ex eitement and conjectures of every kind were afloat. Your correspondent was quickly at the scene of the excitement, but found it impossible to gain any definite information on the subject, save that it was known that Cashier Bartlett had absconded with all the money in the bank, amounting fortunately to a small sum, being only $5,500 in gold, and that his books were short to the amount of near $20,COO. It is impossible now to tell the exact state of the books, as he purposely mystitied them, but it is supposed that this is about the amount of his defalcation Bartlett was in the bank until a very late hour on Saturday night, and he is said to have left here on the 11.55 train that night. He was seen at Florence by two gentlemen from Sunite: and his conduct there was SO suspicious as to create comment. He purchased a ticket there to New York by the all-rail route and took a sleeper. Many suppose, however, that the purchase of this ticket was only a bluff gaine and that he has gone West H had lived many years in Texas near the Mexican border, and some suppose that he has gone in that direction. Telegrams have been sent all over the country notifying the police to look out for him. Bartlett's bond amounted to $10,000 and was signed by the best business men of the town. It is a perfectly sound bond. The feature of the defalcation which is creating the most talk is the fact that the directors and bank officers knew of the condition of the books many weeks ago; the directors met and passed a resolution to the effect that if his books were not straightened by the 15th of August, they would require his resignation. It is also said that a number of his relatives and friends, including several of the most prominent citizens of the town, knew of the condition of his books on Saturday night, if not before. Bartlett's downfall was caused by heavy speculations in cotton futures. The bank has suspended payment until some arrangements can be made. The defalcation will not injure the bank materially, and it will not cause any business embarrassment in the town.


Article from Western Appeal, August 27, 1887

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Crimes. Weir, of East On his second was trial acquitted Dr. of the charge court Tawas, murdering Mich., Mabel Clark. district of Neill, clerk in shot the civil by James quarrel. Doran, John New Orleans, was in a political of a at special policeman, Chinese laundryman killing a who "Charlie Jim, been a arrested through for his New York, has threw a missile have been boy window. brakemen and a woman for robbing freight of Four at Philadelphia fled on hearing arrested The ringleadecomplices. the cars. arrest of their of American, con victed, a and ten year sentence. the of J. the All B. Duval, the six are at murderers Santa on their Rosa, way have to been prison six to death members 4 ladies and for the serve Poisoned of milk a prominent caused 2 children. family crime. at Five Havana, perCuba, under gang sons are arrest Mo., Bald Knob the Ozark, implored mercy other members guilty for number has This opens of the the gang, to ninety or more. One plead of way and reaching the of a Winnipeg, quarreled Man., with Tom Newton a Newton, dairyman went on to dog. shot Ingo his house got street of named bricklayer, At Ingo, about a gun and the city. dead, Lanthe principal colored boy, 8 years a old, quarrel living with in two A had melon, and shot gun over a one a of the caster small either colored girl county, by accident loaded girls Ga., with or buckshot design, water discharged killing Mich., Sheriff girls. at Charles the Detroit Lynch, Sanitarium of inflicted Alpena, by from Sheriff the a has died wound in the leg, Morgan scheme rotorious shot Blinkey" and carried out the and others Cleveland. Lynch to capture planned to be the Morgan His of murderer Detective is has Hulligan, alleged in jail at of Ravenna National Ohio. Bank now The Sumter, suspended, S. C. owing E. to Bartlett, the concashier, believed $20, duct temporarily of Canada faication the It is Charles will reach and that the his now amount in of the well connected disastrous bank 000. Bartlott is attributed cotton to futures. and speculations downfall is in pay wheat all liabilities and in full The continue business. house a negro, broke few into days a ago, Mrs. at Valentine, but Jerry White, Nebraska, insensibility, a some Hofflady alone and then He was men and one man, clubbed an aged fled. pportunely into pursued, arrived there, 60 captured at the jail one scoundrel and jailed in the at morning Valentine. broke and open hanged coroner's the the was verdict o'clock with culprit gledge to a "death telegraph hammers at the pole. hands The of parties man unknown." Robinson, O., the charged colored with Alexander at Youngstown, 11-year-old white criminally arrested assaulting an claimed, of told fright. by died Friday, it is at the story ex was girl, The populace, demanded enraged his feared. immediate A few breathed the ecution, victim, and the lynching unfortunate negro was not her hours after girl said he been committed who on his assailant; last the the peddler crime named had did Bishop. not fasten has Robinson. by threatened a white to kill her if The she white man in the fled. A guilt terrible tragedy has in which been enacted three families perChickasaw Nation wounded. Two became in sons the were fatally and Graham about Harrison's to in whom a young father declined daughter the lady's The young volved marry, named Harrison but marriage quarrel Graham wanted and man the in to allow the to shoot Harrison his father's mortal life son believing inflicting a brother shot danger, threatened wound. latter's shot A young Graham brother fall, of the the wounded young elder re man seeing through his the arm, armed when himself appeared, Harrison, Harrison and who was had also shot by Graham. Fires and Casualties. the & O R The Coroners Washington, jury upon D.C., censure using too the great a the accident railroad accident rate company at of seped for occurred. at habitually the dangerous point where The Standard Oil works, marble Pearce works & Ryan's at distillery and Swan's burned on the Co., 23rd loss by $100,000; on the there distillery fire Nashville, originating Tenn., wasno in Standard insurance Oil except a Ohio, small The policy village of Degraff, Logan was county almost ena place of 1,200 inhabitants, by fire. The business wiped por- out, tirely tion of destroyed the village residences was are entirely reported destroyand The several loss is about $30,000, train ed. By wrecked the spreading on the of Cleveland rails a passenger & rear Pittsbnrg sleeper other was near Bayard, Ohio. over on The its side. were Two left R. R., the sleepers track and left fell the track, but


Article from The Osceola Times, August 27, 1887

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CONDENSED TELEGRAMS. THE loss on the rice crop of South Carolina will exceed $100,000. JUDGE KUMLER, of Cincinnati, has decided that hereafter the Union Labor party must be recognized in making appointments of election clerk<, registrars and judges of elections. MRS. SARAH JACKSON died at the Hermitage, near Nashville, Tenn., on the 23d, aged 81 years. THE employees of the shoe factories of New York are threatened with a general lockont. A CONVENTION of the Know-Nothing party will be held in Philadelphia next July to nominate candidates for President and Vice-President. DEFINITE inf rmation has been received at St. Louis that the Presidential party will reach that city on October 1st, and remain until the night of the 4th, when the party will leave for Chicago. C. E. BARTLEIT. cashier of the Sumter (S.C.) National Bank, has absconded with $20,000. The bank has suspended temporarily, but can stand the loss. AT Okolona, Miss., on the 20th, there was was a joint debate between Gov. Lowry and Hon. Frank Burkitt on State finances. A CONTINUANCE was granted on the 20th in the Hamilton case, which was set for trial at Brandon, Miss. THE cotton crop in the neighborhood of Pine Bluff, Ark., has been greatly damaged by the protracted drouth. Young bolls and squares are falling off and the outlook is discouraging. THE financial embarrassments of Indiana are growing more and more serious. The last dollar in the general fund of the State Treasury was paid out on the 20th, and there are no resources that can be drawn upon before next December. GEORGE BRINSKI, the man who claimed to have served three years in the Union army during the war of the rebellion as a substitute for Grover Cleveland, died at Bath, N. Y., on the 20th. A MOST terrific hail storm swept over Atchison. Kan., on the 20th. Some of the stones measured nine and ten inches in circumference. WM. BYERS, of Indiana, Pa., shot and instantly killed his father, John S. Byers. The father wanted the son to plow and an altercation occurred, resulting in the son, aged 19, drawing a revolver and shooting the father through the heart. The neighborhood is excited and there is talk of lynching the patricide. THE President has signed an order trans. ferring the names of pensioners residing in Virginia and West Virginia from the rolls of the pension agency located at Knoxville, Tenn., to the agency in Wash. inster, to take effect November 3, 1864,


Article from The Iowa Plain Dealer, September 1, 1887

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Crimes. John Myrick, colored, was lynched in Henry county, Alabama, by men of his own race for outraging a white woman. Poisoned milk caused the death of six members of a prominent family at Havana, Cuba, 4 ladies and 2 children. Five persons are under arrest for the crime. One of the Ozark, Mo., Bald Knob gang has plead guilty and implored mercy. This opens the way for reaching other members of the gang, to the number of ninety or more. Peter Gross aged 74 of East New York, is under arrest for the murder of his wife Gertrude, aged 70. The couple have lived in the same house for nearly forty years, and the man is very discrepit. They have six children. Nathan Phipps, a coal miner, living at Millwood, seven miles from Latrobe, Pa., shot and mortally wounded his friend, John Robb, after which he terribly wounded Mrs. Phipps by stabbing her and breaking several of her ribs. He then armed himself with a rifle and shotgun and fled to the woods. Mrs. Phipps will likely recover. The cause of the tragedy was jealousy. Paymaster Watkins. United States navy, has been sentenced to three years' imprisonment at hard labor. During his imprisonment he is to receive one-half furlough pay, and at the expiration of his sentence will be dismissed from the service. Watkins was tried on board his ship, the Ossipee, at Yokohama and found guilty of traud, embezzlement, desertion and other offenses. Judge Potter of the New York supreme court has granted a stay of proceedings in the Jacob Sharp case, upon several grounds and most notably for the reason, that in his opinion, the court below fell into error of admission of some of the evidence offered by the prosecution. The case will now come up at the general term in October. An application will be made to ad mit Sharp to bail. .S. Spangler, a well known stock raiser, shot and killed Milo McCaskey at hr ranche near Ness City, Kan. Trouble had existed between the men for year past and McCaskey had threatened Spangler's life. The shooting was done in self defense. Spangler, who is one of the oldest settlers of the country, gave himself up to the sheriff. He has always borne a high reputation. The Sumter, S. C. National Bank has temporarily suspended, owing to the conduct of the cashier, Charles E. Bartlett, now in Canada. It is believed that the amount of the defalcation will reach $30,OCO. Bartlett is well connected and his downfall is attributed to disastrous speculations in wheat and cotton futures. The bank will pay all liabilities in full and continue business. Jerry White, a negro, broke into a house at Valentine, Nebraska, a few days ago, and clubbed into insensibility, Mrs. Hoffman, an aged lady alone there, but some one then opportunely arrived and the scoundrel fled. He was pursued, captured and jailed at Valentine. 60 men at one o'clock in the morning broke open the jail with sledge hammers and hanged the culprit to a telegraph pole. The coroner's verdict was "death at the hands of parties unknown." Alexander Robinson, the colored man arrested at Youngstown, O., charged with criminally assaulting an 11-year-old white girl, died Friday, it is claimed, of fright. The populace, enraged at the story told by the victim, demanded his immediate execution, and lynching was feared. A few hours after the unfortunate negro breathed his last the girl said be was not her assailant; the crime had been committed by a white peddler named Bishop, who threatened to kill her if she did not fasten the guilt on Robinson. The white man has fled. Samuel Chew, aged 80, resides with his wife on a farm near the home of Senator Sherman at Mansfield, Ohio, and at nine o'clock at night four masked men entered his house. Mr. Chew was knocked senseless with a stick of wood, then bound and gagged. Mrs. Chew, who came to her husband's rescue, was covered with a revolver by one of the men and told to sit down, which order she obeyed. The house WAS then searched, and about $300 in money and some silverware was taken. The robbers then made their escape. A terrible tragedy has been enacted in the Chickasaw Nation in which three persons were fatally wounded. Two families named Harrison and Graham became involved in a quarrel about Harrison's daughter, whom young Graham wanted


Article from The Newberry Herald and News, September 1, 1887

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THE SUMTER DEFALCATION. The Government Inspector Takes Charge of the Bank-Reasons why Bartlett Should Have Been Removed Long Ago. SUMTER, August 24.Mr. Samuel D. Tate, of North Carolina, a Government bank examiner, arrived here late yesterday evening and was closeted with President Wallace until a very late hour in the night. He took charge of the bank this morning and has been busy all day examining its affairs. He cannot yet say anything definite about its condition, as the investigation has not progressed far enough. He says, so I am told on the streets, that the examiner who was here in March last, and who pronounced the books in excellent condition, could not have made a very thorough examination, or he could not have made such a report, as the books were then, as well as now, in very bad condition. It seems that very few persons, if anybody at all, had an idea that Bartlett was speculating in futures, although it was known that he possessed great betting propensities and has for several years been investing heavily in the Louisiana State Lottery. On Monday morning, a short time after his flight became known, an express package was delivered at the bank for Bartlett, which, upon being opened, was found to contain a check of a New Orleans bank for $150, and $124 worth of lottery tickets. During the Presidential campaign of 1884 Bartlett is known to bave won several hundred dollars on the result. At that time one of his bondsmen wrote him that he desried to come off the bond, but for some reason he remainnd on it. No suspicion was entertained then, however, that anything was wrong with him. One of the counsel for the bondsmen told me this afternoon that they intended fighting the matter to the last. Major Green Bartlett's father-in law, telegraphed his family that it will be impossible for him to come out here at present. THE RECEIVER OF THE BANK. Mr. John E. Phillips, of Charles ton bookkeeper for George A. Trenholm & Son, has been appointed receiver for the Sumter National Bank, which has been placed in such serious straits by the Bartlett defaication. Mr. Phillips was appointed at the suggestion of Col. Wm. L. Tren. holm. United States comptroller of the treasury, and having wide experience in the keeping of accounts will no doubt give general satisfaction. He has already furnished bond to the amount of $20,000, and will immediately assume charge of the bank. DID BARTLETT GO WEST ? A railroad man said to a Reporter yesterday that he was of the opinion that Bartlett, the absconding bank cashier, had gone West via Charleston, and the theory that he had bought a ticket to the North in order to throw the officers of the bank off his track was the correct one. "The correctness of this theory," said he, "is borne out by the fact this was the shortest, quickest and most convenient route by which he could get out of the country. The train which took him from Sumter reached Florence at 1.15 A. M. At 1.30 he took the fast mail train for Charleston, reaching Ashley Junction at 4 A. M., when he boarded the train for Savannah. This train carried him through to the West, landing him at 7 o'clock the next morning in New Orleans, where the Southern Pacific Railroad makes close connection for Mexico and points in the far West." Chance for Civil Service Graduates.


Article from The Newberry Herald and News, September 1, 1887

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BARTLETT'S CLEAN SWEEP. Further Developments in the Sumter Bank Robbery Special News and Courier. SUMTER. August 27.--Bartlett's bondsmen through their counsel, Messrs. Earle & Purdy, Haynesworth & Cooper, and Col. John J. Dargan, notified the bank officials this morning that a protest would be made against Receiver Phillips's being allowed to take charge of affairs, on the ground that his appointment at this time is not sanctioned by law. The bondsmen have also demanded to be allowed to have a representative present during the investigation of the affairs of the bank. The officers informed the bondsmen that they would have to wait and lay the matter before the receiver when he arrives. Mr. Phillips was expected to arrive this morning on the Atlantic Coast Line, but did not come. Col. Tate, the bank examiner, has stated that the defalcation, so far as has been investigated, will cover all the capital and earnings of the bank, amounting to between $60,000 and $70,000. It will be impossible for some time to arrive at the exact amount. All of the correspondents have to be heard from before it can be computed and this will require some time. Letters are received by every mail which swell the amount of the liabilities. Col. Tate says he will complete the report to night in all probability. He was at work last night until after midnight. This failure is doubtless one of the most extraordinary on record. The fact seems now to be patent that Bartlett took off everything that he could possibly make use of. A large package of notes. which President Wallace had endorsed and laid aside to be sent to New York to be rediscounted, are missing, and there is no doubt but what Bartlett made use of them. There are a number of other missing papers which he would have been obliged to forge the president's name to, and there is no doubt but what he did this. The report has gained cr dence through the country that great inconvenience will be experienced here during the fall in selling cotton, owing to the bank's embarrassment. Several merchants and eotton buyers have requested me to state that this impression is thoroughly erroneous and that arrangements have been made and trade will not in the least be affected by this calamity. Mr. Tate to-night furnishes the following figures as the result of his investigation of the assets of the bank and the amounts to Bartlett's credit: $45,700 Notes due the bank 1,800 Cash in bank Due from the sale of bonds in 2,000 Washington. Bartlett's check on Henry Clewes 2,700 & Co New York 500 Suinter Cotton Mills stock attach'd $52,700 Total There are some other small amounts in the bank's favor, but as there is no certainty as to the sums the figures are not given. Eighty Thousand Dollars Short-Capital and Profits Gone. SUMTER, August 30.-Col. Tate, the bank examiner, has finished his report on the condition of the bank, and will forward it 10 Comptroller Trenholm tonight. Bartlett's defalcation amounts to $79,352 01. All the correspondents of the bank have been heard from, and this is a full and correct statement of the defalcation. The capital of the bank was $50,000, and the surplus and undivided profits about $11,000. It is thus seen that Bartlett stole every cent that the bank was worth, and over $18,000 besides. Considering his opportunity Bartlett perpetrated undoubtedly the most stupendous bank steal on record, and his system of robbery must have been a most ingenious one to have escaped detection SO long. An express money package was received this morning by the bank from Henry Clews & Co., of New York, containing $2,706 07, the amount held by that house to Bartlett's credit. There is in a desk in the banka drawer which Bartlett always used for his private papers. It is secured by a Yale lock, and cannot he opened without being broken. It will probably be forced to-morrow, and its contents may develop something which will 1.e of considerable interest. Below is a full schedule of the property belonging to Bartlett, which has been attached by Sheriff Sanders. It is impossible to arrive at the exact worth of the property until it is sold, $0 that the values attached to each item are merely approxii are: Seventeen shares National Bank stockand seventeen half shares $ $50.00 Suniter Cotton Mills stock. Ten shares Building and 350 00 Loan stock Check Mercantile National 125.00 Bank of New York city 125 00 Household furniture Louisiana State Lottery tickets 000 00 (co-t $1 41) $1,475 00 Total Bartlett owned twenty-eight half shares in the Sumter Cotton Mills, but the sheriff has been able to secure only seventeen of them. It is supposed that the others have been hypothecated. The check on the Mercantile Bank was received in the package with the lottery tickets and is supposed to have been a winning Bartlett made in the lottery. The drawing in the lottery for which the bank holds $144 worth of tickets will take place on September 13. It would be a strange freak of fate if they were to draw a sufficient amount to make good Bartlett's defalcation. Col. Wallace informs your correspondent that he has made arrangements to open a banking house here in a few days. He is now prepared to do any collecting or exchange business, and will be ready to make loans, &c., in about a week. The organization of a new bank is being discussed by the business men of the town, and the plan will take definite shape in a day or two. They realize


Article from The Abbeville Press and Banner, September 7, 1887

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Sumier's Wrecked Bank. August 20, Charles E. Bartlett, Cashier of the Sumter Bank, disappeared leaving the bank in a wrecked condition. Great confusion has followed. The bondsmen of Bartlett, the officers of the bank, depositor's and all concerned are trying to see what is gone and what is left. The following from the Daily Register is the latest we have seen SUMTER, Aug. 27.-The bank examiner furnishes the following statement of the condition of the wrecked bank : Assets, notes due the bank. $45,700; cash in safe. $1,800 : to be returned from sale of bonds in Washington, $2,000; refunded by Cashier Bartlett, $2,700; cash in checks, 8150 factory stock, $300; total assets. 852.850. Due to depositors, a little over $62,000. Other liabilities as yet unknown. The receiver will be here on Monday. Colonel Wallace left for Charleston tonight, and will make arrangements to carry on a collection business at once. Bartlett's bondsmen protest against the appointment of the receiver. As before indicated, Bartlett's defalcation will be over $65,000. Depositors will get most of their money by January next.


Article from The Washington Critic, September 20, 1887

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GENERAL NEWS NOTES. The steamers Champagne, Alaska and Germatile brought a total of $1,384,000 gold 10 New York yesterday. Captain R. B. Guthrie of Aitoons, Pa., was drowned while bathing in the surf at Atlantic City, Sunday afternood. An assignment has been made by the Mutual Manufacturing Company of Chicago, makers of barbed wire. Liabilities, $18,000; assets $10,000 The Lincoln, Neb., branch of the Irish National League has adopted resolutions denouncing the police at Mitchelstown, Ire. land, for shooting down unoffending per FODS and the course of the British Ministry in approving their conduct. Two four-year-old children, named Frederick Hulet and Bernard Moore, while playing bear their residences in New York yesterday, were run over by a wagon driven by Micbael Holmes Frederlck was killed and Bernard was injured, probably fatally Fayette and John Darnelle were return. ing home from Galeeville, Coryell County, Texas, Sunday, when they were fired upon from ambush and John Darnelle was killed. One of the ambushers, News Black well, was killed. Newt. Blackwell was a brother of Rev Dick Blackwell, who was waylatd and killed three weeks ago. Colonel R M. Wallace, president of the broken National Bank of Sumter, S. C., having accused P. G. Bowman of drawing drafts on the bank when be had no money on deposit, Bowman yesterday, on the street of Sumper, struck him with a cane. Wallace snatched the cane out of Bowman's hand. The latter drew a pistol, but friends interfered and both men were arrested and bound over. At the meeting of the board of public works in Jersey City yesterday, twenty heads of departments were removed and over thirty Ave appointments were made The board is composed of six commission ers, three of whom are Republicans and three Democrats. After effecting an or gauization last April the commissioners quarreled over patronage The result was a deadlock, which tied up all contracts and other important matters until last week. El Combate, the organ of the Mexicin army officers, is giving much space to shirp attacks on the Jesults, printing what are alleged to be secret instructions to menbers of the order, and charging them with conspiring against liberal governments everywhere. The bitter autf-cleries tone of El Combate is attracting much attention, and as it expresses the sentiment of the military leaders in the recent controversy regarding the conduct of Maximillan at Queretaro, it has served to bring the 11b eral and clerical parties into a hostile attitude.


Article from The Newberry Herald and News, September 22, 1887

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A SENSATION IN SUMTER. Col. R. Wallace Struck With a Cane by Mr. P. G. Bowman. whom he had Accused of Drawing on the Bank when he had no Money. Special to News and Courier. SUMTER, September 19.-Quite a ripple of excitement was caused here this morning by a fight between Col. R. M. Wallace, president of the defunct Sumter National Bank, and Mr. P. G. Bowman. It seems that in examining the bank papers the receiver found among other vouchers drafts amounting to over $3,000, which bad been drawn by Mr. Bowman on the bank last year. Col. Wallace mentioned this fact to a gentleman in town and added that Mr. Bowman had no money in the bank when the drafts were drawn. Mr. Bowman heard of the remark and meeting Col. Wallace on Main street, in front of the Courthouse this morning, asked him about it, Col. Wallace replied that he had said it, whereupon Mr. Bowman said that he did have money in the bank when he made the drafts and told Col. Wallace that he was a liar, adding that he thought Wallace was as deep in the bank robbery as Bartlett. Wallace gave Bowman the lie, and the latter immediately struck him across the head and shoulders twice with a light bamboo cane which he, carried in his hand. Col. Wallace caught the cane out of Mr. Bawman's hand. when Bowman drew his pistol. Several bystanders then rushed up and parted the combatants. Both were arrested but were released after being summoned before the Police Court in the morning, when all the facts and circumstances of the case will receive an official investigation. At the time the drafts referred to were drawn Mr. Bowman had money in the bank amounting to about 84,000, about $600 being his own, and about $3.340 belonging to two clients, for whom he had collected from the Wilmington, Columbia and Augusta Railroad Company on judgments obtained against that company. Col. Wallace says that there was. no deposit credited to Mr. Bowman on the books when the drafts were made. There is a report on the streets that Receiver Phillips has discovered an error in the bank examiner's estimate of the defalcation amounting to about $14,000 in favor of the bank Mr. Phillips refuses to say anything about the matter, but does not deny the truth of the rumor.


Article from The Morning News, September 26, 1887

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hibits. The inquiries for information about the fair are more numerous than usual, and the indications favor an exceptionally large exhibit of live stock. At Spartanburg, Saturday was appoiuted as the day for the Clifton strikers to show cause before Trial Justice Thackston why they should not be evicted. Mr. Wilson represented the employes and Mr. Simpson the company. The case of Mr. Busby was taken up, and after much evidence and short arguments the Judge decided that the company was entitled to have the writ of ejectment enforced. There are twenty-two other similar cases. C. W. Forster, of Gergetown, expected to make a considerable quantity of scuppernong wine this fall from the vineyard at Friendfield plantation. The vines bore abundantly, and were jealously watched and guarded until a few days ago, when they were left unprotected for a brief interval. When Mr. Forster returned to gather some grapes his vines had been swept clean by the negroes, and not a cluster of the fruit could be found. Richmond Fraser (colored) died after an illness of several weeks. He jumped from a window in the new school building which is being put up in Abbeville for the benefit of the colored people, and hurt ankle. The injury was not thought to be severe at the time, and he continued to work for several days, when he began to suffer. He took his bed, mortification set in, the foot was amputated. and now he is dead. He was study. ing theology with a view to preaching. The fact that SO many deaths have OCcurred among the South Carolina College students, at Camden, caused by fever, is be ing freeiy discussed. The matter ought to be investigated, and, if the cause is in the college buildings or in the water supply of the students, it ought to bespeedily removed or the fact made known that such is not the case, for at present it seems to be believed that the cause of this fever, which has produced death in various parts of the State, lies in the buildings or water supply of the college." The case of W. A. Pollard, ex-postmaster at Greer's Station, near Greenville, for obthe mail and opening letters to pry to secrets, was heard before Commissioner Hawthorn Monday. Pollard was postmaster at Greer's for twelve years before his removal last June on account of complaints of this character. He is charged with breaking open two letters written by Congressman Perry to Dr. League, at Greer's, concerning the management of the office. Pollard was sent up to court, giving bond for $300. The ginning outfit and corn mill of Mr. O. P. Wilson, situated about half a mile from Campbellton, was destroyed by fire Monday. The fire was discovered in the lint room, about 8 o'clock, while the gin was in motion, and the generally accepted theory is that it originated from a match or friction. The loss, including nine bales of cotton, a quantity of cotton seed, damage to engine, etc., will probably amount to $2,000 he property was insured in the Home, of New York, for $1,000, two-thirds of which amount is collectible. Jesse Blaine, a colored man living on Waccamaw, was shot and killed at Clifton plantation on Monday night by Titus Small (colored). The shooting was done with a shotgun, and death ensued almost immediately. The tragedy is said to have been caused by Blaine's intimacy with Small's wife. It is said that Blaine sent the woman over to Georgetown Monday night, and had made arrangements to meet her the next morning, when they were to go to Charleston together. The murderer fled, and has not yet been arrested. Mr. A. K. Mann, while working at Cruise's mill, in Anderson county, last week, was bitten twice on the right forearm by a spider, and the result was a highly inflamed wound and a great deal of physical suffering. Before going to work Mr. Mann donned an old woolen shirt, expecting to get wet while working about the wheel, and did not notice until after he felt the sting of a bite the second time that a large spider had made a nest in the sleeve of the shirt. When he felt the first sting he rubbed the place slightly, thinking it was a splinter, and at the second sting he rubbed more vigorously, but still kept at work. In about an hour the pain increased a great deal and the wrist began to swell, when an examination showed the remains of a large spider and a nest of eggs mashed over the arm. Theskin came off all over the surface touched by the mashed substance, showing the intensely poisonous nature of the insect. E. W Moise, Jr., a son of Charles H, Moise, of Sumter, has written home that he saw Charles E. Bartlett. the defaulting bank cashier, in San Antonio, Texas, a few days ago. Mr. Moise has been a resident of San Antonio for a number of years, and knew Bartlett both out there and at home. This verifies the belief that many persons have that Bartlett went to Mexico, although it is somewhat a mystery how he could have also been seen in Washington and New York, as has been reported on reliable authority. There is also a belief among a large number of people that he has gone to South America. When he took the North-eastern train for Charleston, on the night of his flight, he could have continued to Tampa, Fla., and reached that city the same day that a vessel was advertised to sail for South America. There is nothing new relative to the bank failure. Receiver Phillips isquietly working away winding up the business, although it is hard to tell when he will finish. Bartlett's bondsmen hold occasional meetings, but nothing can be gotten out of them concerning their proposed course. Some of them intend to fight to the lastagainst being held liable, while a number of them express themselves as willing to pay up their quota of the bond and have no further trouble about it. It is not yet known whether or not the matter will be tried at the October court. SUMTER, Sept. 19.-Special -Q a ripple of excitement was caused at Sumter Monday morning by a fight between Col. R. M. Wallace, President of the defunct Sumter National Bank, and Mr. P. G Bowman. It seems that in examining the bank


Article from The Morning News, February 13, 1888

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The State Agricultural Department is informed that a company has recently been organized in one of the Northern cities, with a capital of $250,000, for the purpose of making "summer matting" from rushes, and that the company is now seeking a place to locate their factory where the rushes grow in abundance. Any parties who have lands upon which the rushes grow to the length of 3 feet or more are requested to furnish their address to the Commissioner. At Greenville Thursday an interesting case of mistaken identity varied the monotony of the United States Court. Isaac McLaughlin, a negro, was arrested four months ago on the charge of selling whisky without a license. He has been held in jail since that time, but when witnesses were sworn in court to testify against him, they testified that the prisoner was the wrong man altogether. This brought the trial to an unexpected denouement, and McLaughlin was released. Miss Annie Utsey, daughter of the late W. M. Utsey, Jr., who lived near George's, was fatally burned on Friday last. Her clothing caught from an open fire when she was alone in the house, and she rushed out and ran for a hundred yards, trying to tear off her garments, but they were entirely consumed before assistance reached her. She walked back to the house without falling. She died on Saturday, retaining her consciousness to the last. She was to have been married last week, and was buried in her bridal dress. Her betrothed reached her before her death. At Camden last year the real and personal property was listed at $491,595. It is estimated that the returns will amount to more than $500,000 this year. Only thirty-one dogs are returned for this year, and the number of dogs in town is variously estimated by different ones at from 200 to 500. The County Auditor's books show that there are 1,859 dogs in the county. No one seems to doubt that there are 5,000. Each dog is valued at $5 a head. Thirteen hundred and twenty-nine sheep and goats are returned, at a valuation of $1,360, making each sheep or goat worth on the average a little more than $1. There is some difficulty about the collection of State taxes claimed by the State to be due by the Sumter Bank, recently bankrupt, and of which John E. Phillips was appointed receiver by the Comptroller of the Currency. The Auditor of Sumter assessed the bank for the full amount of shares outstanding. The receiver claims that the bank is not liable, as each shareholder returned his own stock. The Comptroller of the Currency has the same opinion upon the subject, and a correspondence will now ensue, but in the meantime the County Treasurer has turned the matter over to the Sheriff to attach the property of the bank. At the request of the receiver, Comptroller General Verner has instructed the County Treasurer to recall and withhold his executions delivered to the Sheriff until the matter can be decided. There is a question as to whether the lien of the depositors of the bank is superior to that of the State.


Article from Wichita Eagle, May 24, 1888

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The Wichita Daily Eagle: Thursday Morning, May 24, 1888. SPORTING. SUIT AGAINST A BONDSMAN. CHARLESTON, S. C., May 23.-In August BASE BALL. POLITICAL CONVENTIONS last Charles E. Bartlett, cashier of the CASH PURCHASERS. AT KANSAS CITY. Sumter National bank, absconded. He has not been seen or heard from since. 110042000-8 Kansas City Omaha 202000000-4 THE SENATORIAL CONVENTION IN He was first reported to have gone to AT BROOKLYN. Canada and then he was alleged to have SESSION AT LINCOLN. sought refuge in Mexico. The only things 200000100-2 Brooklyn certain are that he has not come back and 00000*50*-7 Kansas City WANT : A: BI Batteries-For Brooklyn, Caurthers and that he stole enough money to break the Bushong. For Kansas City, Toole rnd bank, his total stealings amounting to Daniels. The Delegates Instructed for Ingalls about $80,0000. Bartlett's bondsmen are Base Hits-Brooklyn 4, Kansas City 12. i Everything here offered is of real and Plumb for Re-Election here, however, and they are are good for Errors-Brooklyn 6, Kansas City 7. exporters. Such goods as you want and S $10,000, suit for which amount was begun To the Senate. AT CLEVELAND. wonder. It's the way we are building up SI in the United States court today. ExCleveland 000500000-5 Mayor Courtenay is foreman of the jury At Cincinnati 001300101-6 torner Genenal Earl is the leading counsel Batteries-For Cleveland, Crowell and $1.25 FOR 94c. for the defense. The bank is in the hands of Illinois Democratic State Convention-ReSnyder. For Cincinnati, Vian and BaldJohn Phillips, receiver, appointed by the A lot of pure silk faille franwin. port of the Committee on Resolutreasury department, by whom the suit is IN caise, regular price. $1.25, we will Base hits-Cleveland 7, Cincinnati 10. brought. District Attorney Shumans is tions-Delegates. close at 94c. Errors-Cleveland 9, Cincinnati 6. leading counsel for the plaintiff. The deFrom t fense claims that that the president and Rain prevented the game at Baltimore the Bolt $1.00 FOR 75c. directors of the bank had been negligent with St. Louis, also the one at Philadelphia est pur between the Athletics and Louisville. and culpable in allowing Bartlett to carry Gen. Palmer Nominated for Governor-The A large line of all silk 23 in. on the frauds which he was shown to have sale tod wide satins, rhadames and surah AT INDIANAPOLIS. Mills Faction Victorious at Harrisperpetrated, and that they should have exsilks worth $1.00 per yard, out 0020000*0-4 Indianapolis. amined into and used proper care in the burg-Other Conventions. Boston 30101000*-5 1 they go at 75c. management of the affairs of the bank. Batteries-For Indianapolis, Boyle and Receiver Phillips testified today that he 35c FOR 19c. Meyers. For Boston, Conway and Kelly. had found the most carefully devised sysBase hits-Indianapolis 7, Boston 11. tem of fraudulent bookkeeping by the de25 pieces 36 in. plain and check LINCOLN, Kan., May 23.-The ThirtyErrors-Indianapolis 4, Boston 4. If you faulting cashier; that figures had been suiting, look at them and you fifth district senatorial convention of Reand wi AT ST. LOUIS. continually changed from hundreds to will recognize a saving of 16c at publicans is in session here tonight. It St. Louis yard it 000100100-2 thousands, and that the entire set of books our price for this sale, 19c. showed a determined and well carried out It's th Des Moines 000000000-0 began its labors yesterday at 2 p. m. with effort to ruin this corporation and rob it of four candidates in the field. A deadlock 25c FOR 10 1-2c. AT PITTSBURG. the last penny. The case will not be finis on; 350 ballots were taken without 001000120-4 Pittsburg. A medley of goods worth and ished for several days. Dartlett ranked .00012200*-5 Washington change. No prospect of a nomination to20 CO. selling elsewhere at from 15c to high in Sumpter. 30c. nor yard sincle and double trote no night. The vote stands: Ellsworth counBatteries-For Pittsburg, Kaufman and


Article from The Manning Times, May 30, 1888

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The Sumter Bank. In the course of the trial of the case of the National Bank of Sumter against the bondsmen of Bartlett, the defaulting cashier, in the United States Court in Charleston, Mr. John E. Philips, the receiver of the bank, made the following statement as to the present condition of the affairs of the bank: Liabilities $ 78,159 90 Stock, surplus and undivided 60,774 01 profits Total $138,933 91


Article from The Savannah Tribune, November 3, 1888

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WASHINGTON NEWS. WHAT THE UNITED STATES OFFICIALS ARE DOING. The situation of affairs in Hayti, according to reports received at the Department of State, has assumed so serious a phase that it has been decided to send a naval vessel to that country for the protection of American interests. The chief of the bureau of engraving and printing, in his annual report says that the production of securities by the bureau during the fiscal year exceeded that of any previous history of the bureau, 38,040,948 sheets being printed 5,388,777 more than in 1887. Because Lord Sackville-West, the British ambassador at Washington, wrote a letter to a naturalized citizen at Los Angeles, Cal., advising him how to vote in the presidential election, the U. S. Government has requested Lord Salisbury to recall Lord Sackville-West. The Comptroller of the Currency has declared a third dividend of 18 per cent in favor of the creditors of the National Bank of Sumter, S. C., making in all 80 per cent on claims proved, amounting to $75,339. This bank failed August 22, 1887. In an opinion rendered by Justice Bradley, in the drummer tax case of William G. Asher vs. the state of Texas, the Supreme Court of the United States, on Monday, declared unconstitutional all state laws imposing a license tax upon commercial travelers not residents of the state imposing the tax. President Cleveland has modified the sentence of dismissal in the case of Lieut. Col. George A. Forsyth, 4th cavalry, convicted by court-martial of duplicating his pay accounts, so as to provide for his suspension from rank and duty for a term of three years on half pay. The disgraced colonel was a trusted member of Gen. Sheridan's staff at one time, and was a brave and reckless soldier during the War. Secretary of State Bayard on Tuesday, informed Lord Sackville-West, the British minister, that President Cleveland directed him to officially say to him, that from causes heretofore made known to her majesty's government, his continuance in his present official position in the United States is no longer acceptable to this government, and would consequently be detrimental to the relations between the two countries. The Supreme Court of the United States affirmed the judgment of the Supreme Court of the State of Georgia in the case of the Georgia Railroad and Banking company, plaintiff in error, V8. the Railroad Commissioners of Georgia. The Railroad Commissioners, by the authority of the State Legislature, prescribed what should be reasonable and just rates of transportation, and the Railroad company brought an action against them, claiming that the rates established constituted an impairment of the contract between the state and the company, by its charter granted in 1863.


Article from New-York Tribune, June 28, 1889

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SUING HENRY CLEWS s CO. John E. Phillips, the receiver of the National Bank w Sumter, South Carolina, began a suit yesterday against the members of the firm of Henry Clews s Co. for $15,082. The bank suspended in August, 1867. The receiver declares that Charles E. Bartlett, the eachier of the bank, speculated in stock and cotton and lost a large amount of money belonging to the bank. speculations, the plaintiff avers, were carried on through Henry Clews & Co., and the receiver seeks to recever Mr money from the brokers.