Article Text
hie Bank Assigns. ly Associated Press.) LIMA, O., Jan. 19.-The Exchange Bank of Ottawa. Putnam County. Samuel Slausen President. assigned this morning to Dr. W. F. Reed and B. F. McGreevey. Depositors will be paid in full.
17667. Exchange Bank of Ottawa (Ottawa, OH)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- January 19, 1894
- Location
- Ottawa, Ohio (41.019, -84.047)
Metadata
- Model
- gpt-5-mini
- Short Digest
147733a8
Response Measures
None
Description
The bank 'assigned' on Jan 19, 1894 (assignment to receivers) and effectively closed; a receiver was appointed and later the assistant cashier was arrested for embezzlement. No run is described in the articles. 'Assigned' indicates suspension/insolvency and permanent closure with receivers.
Events (3)
1.
January 19, 1894
Receivership
- Newspaper Excerpt
- The Exchange Bank of Ottawa ... assigned this morning to Dr. W. F. Reed and B. F. McGreevey. Depositors will be paid in full. (later reports indicate partial payment expected and assets about $70,000).
- Source
- newspapers
2.
January 19, 1894
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank made an assignment to receivers (insolvency); later reporting shows assets insufficient and partial expected payment; subsequent arrest of assistant cashier for embezzlement discovered by receivers.
- Newspaper Excerpt
- The Exchange Bank of Ottawa, Putnam County, Samuel Slausen, President, assigned this morning to Dr. W. F. Reed and B. F. McGreevey.
- Source
- newspapers
3.
February 17, 1894
Other
- Newspaper Excerpt
- E. B. Hathaway, assistant cashier of the Exchange Bank of this place, which, a few days ago, closed its doors, has been arrested, charged with embezzling $5,000 of the bank's funds. It is said the shortage was discovered by the receiver, and the arrest was made upon the latter's affidavit.
- Source
- newspapers
Newspaper Articles (11)
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NEWS OF THE DAY CONDENSED. The Exchange bank of Ottawa, O., has assigned. Depositors will be paid in full. The Iowa Association of Scotch-Irish met in state. convention at Des Moines. It cost the government $138,586 to pay the bounty on sugar during the fiscal year of 1893. A receiver has been appointed for the Pittsburg Brass company. Assets, $400,000; liabilities, $175,000. Miss Nellie Liscome has sued the village of Estherville, Ia., for $15,000. She fell through a sidewalk. Frank Smith died in a hotel at Buffalo under suspicious circumstances. His alleged wife is under arrest. The Terre Haute and Indianapolis Railway company has declared a semiannual dividend of 3 per cent. Alexander Agar, a trustee of the Atlantic Savings bank, New York city, committed suicide at his home in Brooklyn. Advices from Buluwayo are that Lobengula is desirous to surrender, but is anxious about the treatment he will receive. Mrs. Schaeffer, the president of Wellesley college, is dangerously ill with pneumonia, at Boston, and is not likely to recover. The national congress of miners, in session at Leicester, Eng.. have passed a resolution in favor of the nationalization of mines. At Smothersville, Ills., Wiley Riddle was shot and probably fatally injured by David Smothers. The cause is an old feud. Smothers is still at large. The daughter of Vaillant, the anarchist, has written a letter to Mme. Carnot, wife of the president. asking her to induce the president to pard her father. Augustus A. Thom] son. an Englishman," 65 years old. arrested in New York on a warrant charging him with forgery, was arraigned in court. He pleadenot guilty. At Kokomo, Ind., Fred W. Lyons, wanted at Chicago, Logansport, Wabash. Richmond. Kokomo, Crawfordsville. Muncie, Saginaw and other places, was given a two-year sentence. The death score in the Lackawanna accident at Hackensack has been increased by the death of Chaales E. Minchner at St. Mary's hospital, Hoboken. Two others are in a critical condition
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MISCELLANEOUS. The exchange Bank of Ottawa, Putnam county, O., Samuel Slauson. president, assigned to Dr. W. W. Reed and B. F. Mc. Greevey. The assets are about $70,000. The bank will pay about 40 cents on the dollar, and the real estate may raise it to 75 cents. The spread of measles in New York is becoming alarming- In one week the cases of measles have exceeded 100 per day, and the average daily death rate is 27.
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Ohio Bank Assigns. LIMA, O., Jan. 19.-The Exchange Bank of Ottawa, Putnam County, Samuel Slauson, president, assigned this morning to Dr. B. F. Reed. Depositore will be paid in full.
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DANIEL BENTON, alias Bill Newby, convicted of presenting a false pension claim, was brought to Springfield, III., from the Chester penitentiary, and after giving $2.500 bond was released, pending the decision of the United States supreme court, which granted a supercedeas in the case. THE board of Kent county, Mich., supervisors has offered a reward of $500 for the arrest of the murderer or murderers of Mrs. Miles McKendrick. RUDOLPH J. PESCHMANN, the confessed murderer of Mrs. Schrums, was arraigned in the municipal court at Milwaukee. He waived preliminary examination and was held for trial without bail. F. D. Wanamaker, claiming to be a nephew of ex-Postmaster-General Wanamaker, and to be in the employ of the government, was arrested at Fostoria, O., charged with disposing of a fraudulent draft to the proprietor of the Empire house at Tiffin, O. He is now in jail awaiting a hearing. THE Royal Furniture & Carpet Co., of St. Paul, Minn., has assigned. A recent statement made by the firm places the assets at $125,000 and the liabilities at $55,000. AT Cheyenne, Wyo., in the United States court, William M. Masi, late postmaster of that city, was acquitted of the charge of embezzlement of postal funds. THE Wyoming supreme court has decided that ditches and water right pass title with the transfer of the land on which they exist. THREE young men were on trial for two days at Carthage, III., on charges of cruelty in killing cats. REV. CHARLES INGHAM, an American Baptist missionary, was trampled to death by an enraged elephant he had shot in the Lower Congo. No more obstacles are to be put in the way of Chinese desiring to establish cotton mills at treaty ports, on condition that they pay royalty of 1 tael per bale. ALBERT BAMBERGER, the murderer of the Kreider family of six persons in North Dakota, was hanged on the scene of his crime. WILS HOWARD was hanged at Lebanon, Mo., for the murder of a deaf mute. Howard had been mixed up in Kentucky feuds and was reputed to have killed many men and been guilty of other crimes. THE Pittsburgh (Pa.) Brass Co. has been placed in a receiver's hands. Assets, $400,000; liabilities, $175,000. THE sheriff killed, a convict fatally wounded, a guard dangerously injured, was the result of a battle with several escaped convicts near Pratt City, Tenn. CLEARING house returns for the week ended January 18 showed an average decrease of 36.8 compared with the corresponding week of last year. In New York the decrease was 46.0; outside, 22.4. NINE men were killed by an avalanche in the Rocky mountains near Fort Steel, B. C. A WELCOME rain was reported in Kansas and Missouri on the 19th. The drought had lasted many weeks. A BIG passenger pool to control all business between the Allegheny and Rocky mountains is the latest rumor in railway circles. It may relate to excursion business only. FORTY negro families in Monroe county, Ark., are preparing to migrate to Liberia. THE Exchange bank of Ottawa, Putnam county, O., Samuel S. Slauson, president, has assigned to Dr. W. F. Reed. COMPTROLLER ECKELS announces that the First national bank of Great Falls, Mont., which has been in trouble, will resume business shortly.
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MISCELLANEOUS. The exchange Bank of Ottawa, Putnam county, O., Samuel Slauson, president, assigned to Dr. W. W. Reed and B. F. Mc Greevey. The assets are about $70,000. The bank will pay about 40 cents on the dollar, and the real estate may raise it to 75 cents. The spread of measles in New York is becoming alarming. In one week the cases of measles have exceeded 100 per day, and the average daily death rate is 27. D. H. Locke, manager of the Isabella mine on Bull Hill, Col., was driven out of that camp Saturday after being compelled to go down on his knees and swear he would never return. The southern Pacific's tunnel, the third of a series of seven on the route to San Luis Obispa, Cal., has been pierced through Santa mountain. It is nearly 4,000 feet long, The worst snow storm in twenty years is reported from California where 48 inches are said to have fallen in the last fortyeight hours. Wilbur F. Davidson. a well known electrician of Chicago, was on Saturday awarded a verdict of $48,000 against the Illinois Central railroad. He sued for $100,000 damages for injuries received.
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MISCELLANEOUS. THE Exchange bank of Ottawa, Putnam county, O., Samuel S. Slauson, president, has assigned to Dr. W. F. Reed. COMPTROLLER ECKELS announces that the First national bank of Great Falls, Mont., which has been in trouble, will resume business shortly. THERE was a riot at Bridgeport, Conn., over the street car strike. Considerable damage was done. Attempts were made to compromise the dispute. AN attempt was made recently to blow up Gov. Renfrow at Guthrie, Ok. THE British steamer St. Pierre rescued Capt. Robbins, the mate and five seamen, of the schooner Alert, of Gloucester, which was wrecked on the north. east point of Romeo Island. Nova Seotta
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Bank Employe Arrested. OTTAWA, O., Feb. 17.-E. B. Hathaway, assistant cashier of the Exchange Bank of this place, which, a few days ago, closed its doors, has been arrested, charged with embezzling $5,000 of the bank's funds. It is said the shortage was discovered by the receivers, and the arrest was made upon the latters' affidavit. Hathaway has been bound over to await the action of the grand jury.
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TELEGRAPHIC NOTES. Lima, Ohio, Feb. 17.-E. B. Hathaway, assistant cashier of the Exchange Bank of Ottawa, which a few days ago closed its doors, was arrested yesterday, charged with the embezzlement of $5,000. The arrest was made upon the receiver's affidavit. New-Haven, Feb. 17.Mrs. Lucy H. Boardman, of this city, last night gave the Board of Education a check for $10,000. the amount to be applied and used in the construction of the Manual Training School, which will bear her name. This is Mrs. Boardman's fourth gift for this purpose, making a total of $80,000. Chicago, Feb. 17.-A dispatch to "The Herald" from Iowa City, Iowa, says: "Mrs. J. E. Taylor, mother of ex-City Treasurer Taylor, of Iowa City, has inherited almost $100,000 by the death of Thomas Moston, of Manchester, England. The testator was her brother, but she had not seen him for thirty-six years." Portland, Ore., Feb. 17.-F. C. Brady, who was arrested in Leavenworth yesterday, is wanted in Portland for embezziement. He was the confidential bookkeeper for the Oregontan Publishing Company and secretary for the Sunnyside Land Company, Portland. He is said to have embezzled in the neighborhood of $20,000. Paulding Centre, Ohio, Feb. Nettle Kissler and Nora Balley, eleven and nine years old respectively, orphan inmates of the county infirmary, caught on behind a bob-sted going down the hill in front of the institution yesterday. The sled slipped to one side. struck a stone and overturned. Nettle Kissler was killed. and Nora Balley was mangled in such a manner that she will probably die. Detroit, Feb. 17.-Frederick Marvin, ex-cashier of Third National Bank, for whose arrest a warthe rant was issued some days ago on complaint of Bank Examiner Caldwell, charging him with violating the National banking laws in converting to his own use securities of the Third National Bank, voluntarily gave himself up to United States Commissioner Graves at the Federal Building this afternoon and is now under arrest. Wardner, Idaho. Feb. 17.-A cave-in occurred last evening in the Bunker Hill mine, in which "Pat" Curran. a shift boss. and two other miners were killed and two others severely injured. Huntingdon, Penn., Feb. 17.-While running at the of twenty-five miles an hour the eastbound rate Atlantic express train. drawn by two engines, on the Pennsylvania Railroad, ran into a freight train the Tweifth-st. crossing here this morning, demolishing at the three engines and several loaded grain The freight cars caught fire. None of the cars. passengers or trainmen was Injured.
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Charged With Embezzlement. OTTAWA, OHIO, February 17.-E. B. Hathaway, assistant cashier ef the Exchange Bank of this place, wihch a few days ago closed its doors, has been arrested, charged with embezzling $5,000 of the bank's funds. It is said the shortage was discovered by the receiver, and the arrest was made upon the latter's amdavit. Hathaway has been bound over to await the action of the grand jury.
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NEWS OF THE WEEK. The emperor will visit Prince Bismarck on Monday. Admissions to the midwinter fair Tuesday were 6,444. There were 4,966 admissions to the midwinter Thursday. There were 7.706 admissions to the midwinter fair Friday. Prince Colonna has left Naples and his whereabouts is unknown. Ex-attorney-general of Maryland, Charles J. Gwynn, died at Baltimore. The coming Indian budget estimates the deficit at $5,000,000 lakhs of rupees. John S. Johnson skated a quarter of a mile in 31% seconds with flying start recently. The United States steamer Bennington has arrived at Genoa and is awaiting further orders. John Monday was murdered near Yellow Springs, Tenn., for his money amounting to $700. Mrs. G. A. Washington. mother of Congressman Joseph E. Washington, died at Nashville, Tenn. Thomas Q. Seabrooke. the popular opera singer, has secured the rights of the new opera "Tabasco." At Louisville William Alford, a notorious character about town, was shot and killed by his step-son. The drug house of Farvard, Williams & Clark at Detroit was damaged by fire. Loss, $140,000; well insured. At Sarcoxie, Ok. T., fire destroyed the entire west side of the city square. Loss, $60,000. with little insurance. Bob Fitzsimmons and Dan Creedon will probably fight for a purse and $10,000 in Jacksonville March 8. Thomas Jopling. one of the two managing directors of the Otis iron and steel company of Cleveland. died. At Frederick, Md., William Leonard was hanged for the murder of Jesse Anderson, a railroad trackman on Sept. 5, 1893. The statue of Napoleon, which was erected at Boulogne in 1854 by Englishmen. has been blown down and broken to pieces. The funeral of May Brooklyn, the actress, of A. M. Palmers's company, who committed suicide, was held at San Francisco. The recent blizzard totally destroyed the peach and plum crop of southern Illinois. Currents and cherries are badly damaged. The officers and crew of the wrecked United States steamship Kearsarge are expected to arrive at New York about the 23d inst. By a confession of judgment for $10.900 the Excelsior furniture company of Rockford. III., was taken possession of by the sheriff. The Chicago ice yacht Ice King recently sailed twelve miles in eighteen minutes, defeating the Rough and Ready by half a length. After recent races at the Madison, III., track the jockeys were so cold that they could not dismount, but were lifted out of the saddle. The next boxing and wrestling exhibition of the Amateur athletic union will be held in Madison Square garden, New York, March 19-22. At Columbus, O., James Witters & Co.'s drygoods and notion store was destroyed by fire. Loss over $200,000 on stock; well insured. The Colorado senate passed the eighthour bill, the first measure that has gone through both branches of the legislature at the extra session. At Newark. N. J., fire at the oil warehouse of P. H. Preston & Co. caused a loss of two hundred thousand dollars' worth of linseed oil. At Chicago the federal grand jury returned an indictment charging Lieut. Maney with the murder of Capt. Hedberg at Ft. Sheridan. At Galliopolis, O., Robert Perry and his little sister were poisoned from eating wild parsnip root and died in great agony five minutes apart. Joseph Wiggin, the new captain of the Harvard base ball nine. is a pitcher. Last year in one game Princeton failed to get a run off his delivery. Charles M. Murphy of the Kings county wheelmen has ridden more than 9,000 miles since March 1, 1893. He hopes to win the club's mileage medal. Reports from many points in Colorado and New Mexico disprove the news that range stock is dying off by thousands on account of the severe weather. The wedding of the grand duke of Hesse and Princess Victoria Melita of Saxe-Coburg-Gotha has been finally arranged for April 22 at Coburg. No news has yet been received at the navy department concerning the return of the City of Para with the shipwrecked crew from the Kearsarge. E. B. Hathway, assistant cashier of the Exchange bank of Ottawa, O., which a few days ago closed its doors. has been arrested charged with embezzling $5,000. At Lancaster, O., D. T. Effinger, agent Adams express company, committed suicide in his office by shooting. He had been a great sufferer from rheumatism. There is a possibility that Mrs. Arthur Duestrow. who with her two-year-old son Lewis was shot by her husband, Arthur Duestrow, at St. Louis, may recover. Guy Gary, the Boston crack wheelman, has decided to go on the path again next season. He is now at college, but will begin training as soon as it closes. At Millersboro, Ky. fire destroyed all the houses at mine No. 2 of the Mingo mountain coal and coke company. The loss is $80,000, partially covered by insurance. The Duplex improved air-brake company of East St. Louis, III., was formally incorporated by the Illinois secretary of state. the authorized capital stock being $2,500,000. A ranchman named Frank Randell, together with his wife and three children, were drowned in the Rio Grande river at a point near Presidio San Vincinto, Mexico. A commercial convention between France and Bolivia was signed by which Bolivia concedes the most favored treatment to France and France concedes the minimum to Bolivia It is announced the liabilities of the Cass county bank at Atlantic. Ia., are