71d72715Accommodated withdrawals, Public signal of financial health, Capital injected
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RUN ON BANK. Business Men Come to Rescue of Newark, Ohio, Institution. Newark, Ohio, March 28.-A run started on the Licking County bank today from no known cause and continued this afternoon in spite of the announcement of the directors that the bank can pay all depositors without trouble and that they will be personally responsible for the debts. The business men of the city have come to the rescue of the bank.
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A Run on a Bank. Newark, O., March 29.-A run started on the Licking County bank Thursday from no known cause and continued, in spite of the announcement of the directors that the bank can pay out all deposits without trouble and that they will be personally responsible for the debts and see that all depositors are paid in full. The business men have come to the rescue of the bank,
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STARTED RUN BECAUSE HE HAD TO PAY NOTE Newark, O., Mrch 29.-Because he was made to pay a note of $27 which was long overdue and on which no interest had been paid, a Licking County Bank and Trust company was unsound, and that depositors were drawing their money out. For three days these reports have been circulated, but not until yesterday afternoon did the run assume any serious proportions. The insti_ tution has plenty of money and the officials claim that they can get all they want on a moment's notice. The more conservative business men, including the bank's heaviest depositors, are ignoring the excitement and several large deposits were made yesterday in spite of the rumors. President W. N. Fulton, who is at the head of the concern, is in Florida, and E. W. Crayton, one of the directors is in the West This fact was looked upon with alarm by some of the depositors. In a signed statement the directors insist that there is no cause for alarm.
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General. A tornado did considerable damage at Chanute, Kan. No one was hurt. An extraordinary session of the Panama national assembly has been called for April 15. Gen. Kuroki will represent the Japanese army at the Jamestown celebration in April. The Nebraska legislature has pass. ed a bill prohibiting child labor in all its forms, including working in the beet fields. Spinal meningitis has broken out in the Puget sound navy yard at Seattle. There are several cases on the training ship Philadelphia and at the recruiting office. Gov. Deneen sent a memorial to the Illinois legislature suggesting a general celebration of the one hundredth anniversary of the birth of Abraham Lincoln, Feb. 12, 1909. Provision for legislation through in. itiative by petition and an optional referendum stands at the head of the list of important bills passed by the Maine legislature which has just adjourned. A. L. Sutton, chief of the bureau of exploitation of the Jamestown Exposition company, tendered his resignation at the request of the board of gov. ernors, upon charges filed by a tourists bureau. A run started on the Licking county bank at Newark, Ohio, from no known cause, and continued in spite of the announcement of the directors that the bank could pay all deposits. Business men came to the rescue. Bryce Hinton has been enjoined by the district court at Albia, Iowa, from hereafter conducting a saloon. It is the general belief that there will be no attempt to violate the court's orders, as Hinton has been dead for several months. He died shortly after the suit was instituted. Samuel Greenman of Kansas City has brought suit for $6,000 damages against Rev. Max Lieberman, rabbi of Kanesses Israel temple. Greenman says the rabbi approached him while he was praying in a loud voice and struck him, saying he was praying too loud.
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# OVERFLOW FROM THE WIRES. Navigation between Cleveland and Detroit opened auspiciously. A tornado did considerable damage at Chanute, Kan. No one was hurt. Gen. Kuroki will represent the Japanese army at the Jamestown celebration in April. Fire at Savannah, Mo., destroyed two stores and damaged a lumber yard. Loss, $60,000. A train was wrecked near Yazoo City, Miss., and the engineer was killed and three negro passengers were injured. A locomotive exploded at Lockwood, Ohio. The engineer cannot be found and it is supposed that he was blown to pieces. Provision for legislation through initiative by petition and an optional referendum stands at the head of the list of important bills passed by the Maine legislature which has just adjourned. A run started on the Licking county bank at Newark, Ohio, from no known cause, and continued in spite of the announcement of the directors that the bank could pay all deposits. Business men came to the rescue. An indictment charging Mrs. Michael McDonald with the murder of Webster M. Guerin has been returned by the grand jury in Chicago. Mrs. McDonald shot Guerin after a quarrel in his office on Feb. 21. Hamlin F. Lee, a veteran of the Mexican and Civil wars and a nephew of Gen. R. E. Lee, died at Colorado Springs, Colo., of heart failure, aged eighty-seven years. Although closely related to the Southern general and a Virginian by birth, Mr. Lee fought with the Union army. There are now nearly 8,000,000 more people in continental United States than there were six years ago, according to figures compiled by the census bureau. William A. Proctor, president of the Proctor & Gamble company, and son of one of the firm's founders, died from a bullet wound, self-inflicted, at his home in Cincinnati. Eight residents of Helena, Mont., have been arrested charged with unlawful practices during the recent Republican primaries. It is alleged that they attempted unduly to influence voters.
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General. A tornado did considerable damage at Chanute, Kan. No one was hurt. An extraordinary session of the Panama national assembly has been called for April 15. Gen. Kuroki will represent the Japanese army at the Jamestown celebration in April. The Nebraska legislature has passed a bill prohibiting child labor in all its forms, including working in the beet fields. Spinal meningitis has broken out in the Puget sound navy yard at Seattle. There are several cases on the training ship Philadelphia and at the recruiting office. Gov. Deneen sent a memorial to the Illinois legislature suggesting a general celebration of the one hundredth anniversary of the birth of Abraham Lincoln, Feb. 12, 1909. Provision for legislation through initiative by petition and an optional referendum stands at the head of the list of important bills passed by the Maine legislature which has just adjourned. A. L. Sutton, chief of the bureau of exploitation of the Jamestown Exposition company, tendered his resignation at the request of the board of governors, upon charges filed by a tourists bureau. A run started on the Licking county bank at Newark, Ohio, from no known cause, and continued in spite of the announcement of the directors that the bank could pay all deposits. Business men came to the rescue. Bryce Hinton has been enjoined by the district court at Albia, Iowa, from hereafter conducting a saloon. It is the general belief that there will be no attempt to violate the court's orders, as Hinton has been dead for several months. He died shortly after the suit was instituted. Samuel Greenman of Kansas City has brought suit for $6,000 damages against Rev. Max Lieberman, rabbi of Kanesses Israel temple. Greenman says the rabbi approached him while he was praying in a loud voice and struck him, saying he was praying too loud.
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STORM IS OVER And Licking County Bank Has Satiafied All Depositors. Newark, O.-The prompt payment of all demands, the appearance of large piles of currency, notwithstanding the withdrawals and the assurance expressed by the directors and by financiers connected with other institutions, have combined to quiet the run on the Licking County Bank and Trust Co., and the friends of the institution are confident that the storm is over. Officers of all the Newark banks issued a statement assuring the public that the Licking County bank is perfectly safe, and that there is no ground in fact for the rumors which have been circulated as to its condition. The directors of the Licking made a statement in which they say: "We have enough assets to pay every depositor every dollar and have $210,000 besides."
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A Run on a Bank. Newark, O., March 29.-A run started on the Licking County bank Thursday from no known cause and continued, in spite of the announcement of the directors that the bank can pay out all deposits without trouble and that they will be personally responsible for the debts and see that all depositors are paid in full. The business men have come to the rescue of the bank.
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General. A tornado did considerable damage at Chanute, Kan. No one was hurt. An extraordinary session of the Panama national assembly has been called for April 15. Gen. Kuroki will represent the Japanese army at the Jamestown celebration in April. The Nebraska legislature has passed a bill prohibiting child labor in all its forms, including working in the beet fields. Spinal meningitis has broken out in the Puget sound navy yard at Seattle. There are several cases on the training ship Philadelphia and at the recruiting office. Gov. Deneen sent a memorial to the Illinois legislature suggesting a general celebration of the one hundredth anniversary of the birth of Abraham Lincoln, Feb. 12, 1909. Provision for legislation through initiative by petition and an optional referendum stands at the head of the list of important bills passed by the Maine legislature which has just adjourned. A. L. Sutton, chief of the bureau of exploitation of the Jamestown Exposition company, tendered his resignation at the request of the board of governors, upon charges filed by a tourists bureau. A run started on the Licking county bank at Newark, Ohio, from no known cause, and continued in spite of the announcement of the directors that the bank could pay all deposits. Business men came to the rescue. Bryce Hinton has been enjoined by the district court at Albia, Iowa, from hereafter conducting a saloon. It is the general belief that there will be no attempt to violate the court's orders, as Hinton has been dead for several months. He died shortly after the suit was instituted. Samuel Greenman of Kansas City has brought suit for $6,000 damages against Rev. Max Lieberman, rabbi of Kanesses Israel temple. Greenman says the rabbi approached him while he was praying in a loud voice and struck him, saying he was praying too loud.
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Run Started on Ohio Bank. A run started on the Licking County bank in Newark, Ohio, from no known cause and continued all day, in spite of the announcement of the directors that the bank can pay out all deposits without trouble and that they will be personally responsible for the debts and see that all depositors are paid in full. The business men have come to the rescue of the bank.