1773. Stafford National Bank (Stafford Springs, CT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
686
Charter Number
686
Start Date
October 12, 1887
Location
Stafford Springs, Connecticut (41.954, -72.302)

Metadata

Model
gpt-5-mini
Short Digest
f73b3e6d

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1887-10-17
Date receivership terminated
1888-10-20
OCC cause of failure
Fraud
Share of assets assessed as good
53.5%
Share of assets assessed as doubtful
30.8%
Share of assets assessed as worthless
15.6%

Description

The Stafford National Bank failed (suspended) on Oct 12, 1887 due to large embezzlement and bad investments by the cashier Hicks. A receiver (Charles M. Joslyn) was appointed Oct 17, 1887 and the bank remained in receivership; creditors were later paid in full and assets returned to stockholders, but the original bank had suspended and been wound up under a receiver. No article describes a depositor run preceding the suspension; cause is bank-specific adverse information (defalcation/embezzlement).

Events (7)

1. January 7, 1865 Chartered
Source
historical_nic
2. October 12, 1887 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Large defalcation/embezzlement by the cashier (Hicks) and substantial losses from investments (Vermont Lumber company and others) leading to insolvency.
Newspaper Excerpt
The bank failed October 12, 1887.
Source
newspapers
3. October 17, 1887 Receivership
Source
historical_nic
4. October 17, 1887 Receivership
Newspaper Excerpt
The Comptroller of the Currency yesterday appointed Charles M. Joslyn to be receiver of the Stafford National Bank of Stafford Springs, Conn.
Source
newspapers
5. November 1, 1887* Other
Newspaper Excerpt
Receiver's statement showed assets of $310,021.90 and liabilities of $301,626.14, leaving little for stockholders; losses largely due to Hicks and Vermont Lumber company.
Source
newspapers
6. October 25, 1888 Other
Newspaper Excerpt
Receiver has realized upon the assets and deposited with the controller an amount sufficient to make the final payment of the claim of each depositor and creditor of the bank; duties of the receiver will be ended.
Source
newspapers
7. January 3, 1889 Other
Newspaper Excerpt
Comptroller Trenholm ... instructed the receiver in charge of the bank to turn over the remaining assets to the agent of the stockholders. The bank failed October 12, 1887.
Source
newspapers

Newspaper Articles (14)

Article from Morning Journal and Courier, October 14, 1887

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CLEVELAND AT KANSAS CITY. Greeted by Many Thousands But He Shakes Very Few Hands. KANSAS CITY, Oct 13.-About 1:30 o'clock Hon. E. H. Allen, president of the board of trade and chairman of the reception committee, ex-Congressman R. T. Van Horn, Congressman William Warner, Secretary Miller of the board of trade and a committee of about a dozen ladies and gentlemen called upon the President and conducted him and Mrs. Cleveland to their carriage. They were then escorted through the more thickly built business streets of the city and brought up at the rear of the government building about 3 o'clock. Alighting they passed through the building and out upon the front portico where a stand and awning had been exected. Fully fifty thousand persons were congregated about this point. When the band had finished the strains of "Hail to the Chief" Mr. Allen advanced to the rail and introduced to the President Mayor Kempf, who made a brief speech of welcome and the president responded. At the conclusion of the President's remarks the people were given a chance to greet him and his wife. They passed rapidly through a gangway four abreast and there was little or no hand shaking done. Even at this rate the reception continued until 5 o'clock and there were still a number in line who left disappointed. The party then returned to the hotel for dinner. THE STAFFORD BANK WRECK. It is Thought That Little if Any of the Bank's Capital will Remain After theRuins are Cleared Up. STAFFORD SPRINGS, Conn., Oct. 13.-National Bank Examiner Forman resumed his investigation this afternoon. He stated that his action had been approved by the comptroller and the latter had inquired what action the directors were to take relative to the appointment of a receiver. To this he had replied they favored immediate appointment of a receiver and that the question of resumption of the bank would be considered afterward. In the judgment of well informed parties there will be little if any of the bank's $200,000 capital remaining after the wreck is cleared up. It is shown that the defaulter dealt heavily in stocks and that $75,000 of the funds have been forwarded to T. H. Brady, a New York broker, within three months, and to hide his pilferings the vouchers for the above amounts were concealed at the cashier's home instead of being kept at the bank. He also dealt with N.Y. C. Baldwin of Minneapolis, Minn., and a broker who owes the bank $16,000. Very little can be ascertained regarding the broker in question aside from the fact that he is a lawyer and a friend of the embezzler. It is further said that two years ago Hicks was engaged with Belden in the purchase of real estate in Minneapolis and Birmingham. It is asserted that he controlled a business block here which is virtually swamped with mortgages, while his residence proves to be in the control of Mrs. Hicks. Examiner Forman asserts that the Stafford Savings bank, which had $69,000 of deposits in the National bank, is the concern most extensively involved in the loss. The affairs of the Savings bank are now being examined by officials who will be able to render a definite account later. The State of Connecticut and the town of Stafford are involved to the extent of $10,000 each, while the Mineral Springs Manufacturing company will lose about $7,000. Other amounts lost are comparatively small, being in sums of something like $1,000 and less. George M. Ives, an extensive manufacturer and father-in law of the defaulter, was interviewed this afternoon and states that Hicks informed him that the main cause of his downfall was his investments in the lumber business, especially the Vermont Lumber company, which some time ago changed hands and did not meet with the business success anticipated. He was unable to recover the amount invested in the concern. Mr. Hicks will remain in Hartford until Saturday, when he will return to Stafford Springs. Mr. Ives says Hicks was not aware of how deeply involved he was. For a young man he has a great many friends throughout New England.


Article from The Portland Daily Press, October 18, 1887

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THE WASHINGTON BUDCET. Virginia's Imprisoned State Officers and Their Case. WASHINGTON, Oct. 17.-In the United States Supreme Court today, the United States Marshal for the Eastern District of Virginia, made return to the writs of habeas corpus in the case of Attorney General Ayer and other imprisoned State officers of Virginia, and their council renewed the motion that they be admitted to bail pending the argument of the question at issue. Chief Justice Waite reserved his decision until tomorrow. Nipped in the Bud. The Commissioner of Indian Affairs today received a telegram from Agent Anderson, at Lower Brule Indian Agency, Dakota, saying: "The disturbing Indians were surprised and captured by the police. The danger is all over. What promised to be a serious trouble has been nipped in the bud. The survey is going forward, and a majority of the Indians want to take allotments. Maine Pensions. The following pensions have been granted to Maine people: Elvira A., widow of Elias Thayer, Brewer. ORIGINALS. Oliver Herrick, deceased, Turner Centre. John Kittridge, Dexter. James D. Cushing, Crawford. John F. Whiteomb, Ellsworth. Rufus B. Bickford, North Brooksville. INCREASE. Chandler Richards, Kingfield. Nelson M. Russell, Norway. Phineas Billings, Bluehill. Benjamin Kilkarney, New Portland. Theo. Kendel, Togus. Jes. H. Conant, Frye. John W., alias John Eastman, navy, Rockland. Stephen W. Bickford, Bangor. Arvanda Morrow, South Norridgewock. Charles H. Knox, Oldtown. Jno. W. Williams, Readfield. Jno. F. Keene, Augusta. REISSUE. James McGee, navy, Togus. REISSUE AND INCREASE. Robert F. Morrison, Wesley. Other Matters. The post office at Northport (Me.) camp ground has been discontinued, also the special service from East Northport to the camp ground. The Comptroller today appointed Charles M. Joslyn of Hartford receiver of the Stafford National Bank, of Stafford Springs, Ct.


Article from Evening Star, October 18, 1887

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RECEIVER APPOINTED.-The Controller of the Currency yesterday appointed Chas. M. Joslyn to be receiver of the Stafford National Bank of Stafford Springs, Conn.


Article from The Daily Times, October 18, 1887

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Charles W. Joslyn has been appointed receiver of the Stafford National Bank at Stafford Springs, Connecticut.


Article from Morning Journal and Courier, October 18, 1887

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THE STAFFORD BANK WRECK. Charles MI. Joslyn of Hartford Made Receiver. WASHINGTON, Oct. 17.-The comptroller of the currency to-day appointed Charles M. Joslyn of Hartford, Conu., to be receiver of the Stafford National bank of Stafford Springs, Conn.


Article from The Sun, October 18, 1887

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SPARKS FROM THE TELEGRAPH. The Government of San Domingo is about to contract a loan of $1,500,000 with an American capitalist. Adams & Co.'s glass works in Pittsburgh. together with a row of tonements and some stables, were burned yesterday afternoon. Loss. $75,000. The assets of Ogden Calder & Co., stockbrokers of Troy, who failed on Oct 7. are announced by the assignee to be $67,000, and the liabilities $122,000. The Comptroller of the Currency yesterday appointed Charles M. Joslyn of Hartford to be receiver of the Stafford National Bank of Stafford Springs, Conn. The tenement occupied by James O'Connell in Pea. body. Mass.. was burned on Sunday. and two children of O'Connell, aged 4 and 2 years, were suffocaled. The International Convention of the Brotherhood of Railroad Braken.en of the United States and Canada opened at the Opera House in Binghamton yesterday, and will continue one week George Bostwick aged 45 years, of Southford Conn. shot and killed himself at the insane retreat in Middle. town. Conn.. on Munday. of late he had been perfectly sane. except on the question of his family affairs, and had been employed around the yard of the retreat. Robert Nell's boarding house. in Lake Edward. Que bec. was burned as midnight, on Sunday night. All the inmates escaped, with the exception of three of the boarders named Thomas Landus of Norton Milla, VL William Buchan of Little River, and George Scotten of California, who were burned to a orlay.


Article from Morning Journal and Courier, November 14, 1887

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COMPLETELY WRECKED. The Stafford Bank-The Capital Wholly Wiped Out. Colonel Charles M. Joslyn, receiver of the Stafford National bank, met the stockholders, depositors and others interested in the bank at Stafford Springs Saturday forenoon. He gave them his finding in the condition of the bank at the date of suspension. The statement showed assets of $310,021.90 and liabilities of $301,626.14, and shows a balance for the stockholders of $8,395.76, to which may be added what may be realized on the cashier's bond of $15,000 and whatever his property may yield. The capital stock was reported on the books $200,000, the surplus account $24,000, and the profit and loss $631.31,making $224,631.31. By the receiver's account, of this sum of nearly $225,000, there is left for the stockholders $8,400 and what is recovered on the cashier's bond, etc. And there must be deducted from this the cost of winding up. Of the loss of nearly $200,000, nearly $100,000 is represented by losses through Hicks and $50,000 through the Vermont Lumber company. The remainder was made up by sundry bad investments. In the list of assets the receiver cuts down the bills receivable to the amount of $85,000. The check account, $17,000,represents checks of the Vermont Lumber company, of which Hicks was treasurer, and which were carried as cash and are worthless. The overdraft, $17,934.61, estimated as worth only $1,636.65, are chiefly overdrafts by Hicks, amounting to over $15,000. The books showed due from other banks $63,963.37, but the receiver found due from other banks $17,520.17. These erroneous entries were detected by the United States bank examiner, and led to the discovery of the defalcation.


Article from The Press, November 24, 1887

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TREASURY DEPARTMENT, Office of Comptroller of the Currency, Washington, October 17th, 1887.) NOTICE is hereby given to all persons who may have claims against "the Stafford National Bank," Stafford Springs, Connecticut, that the same must be presented to Charles M. Joslyn, Receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. W. D. TRENHOLM, Comptroller of the Currency. Blanks for proof of claims and information as to the manner of making such proof will be furnished upon application at the bank. CHAS. M. JOSLYN, Receiver.


Article from The Press, December 22, 1887

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Helm's dry goods customers are being presented with a neat illustrated wall cal endar in colors, furnished by The Press of fice. The Salvation army will hold special meetings Dec. 24th and 25th, in Borough hall. On Monday, 26th, there will be great jubilee meetings all day in Oronoco hall. At 11 a m., 3 m., p. m. Welsh and German solos will be sung by the sweet singers of Israel who will be there. CAPTAIN ATKINS Yours truly, Joseph Allen and wife have been of flieted in the death, by consumption, on the 14th inst., of their youngest son, Clinton J., a lad of 19, of whom many good things are said. The parents desire through The Press to thank neighbors for kind offices, also the singers and those who trimmed the grave for the buSome of the best beef seen in this vil. lage in a long time is now hanging in Armstrong's Central morket in Warren's block. They are the carcasses of a pair fatted by W. R. Davis, and the dressed weight of the best one was 1400 pounds. At the meeting of the Stafford Nation al bank stockholders held last Friday over two thirds of its stock was represented, it was voted unanimously, by a yea and nay vote that W. M. Corbin of Hartford L. E. Moore of Palmer, J. Hunt Smith of Norwich and E. C. Pinney and Julius Converse of Stafford be a committee "to formulute and carry into execution plans whereby the bank may be reorganized upon such basis as will in their judgement provide for the payment of all liabilities of the bank, and release it from its receiver ship, enable it to resume business and realize through such reorganization the greatest amount from the assets and claims of such bank. "That such committee be requested to confer personally with all shareholders, and secure if possible their unanimous consent to such a plan. An. other meeting will be held to-morrow, Dec. 23d. -The reorganized Stafford National bank will start with capital of $50,000. the proposed plan becarried out that this be paid in in full, and the assets and liabilities of the old bank be assumed -the new stock is likely to command a very re spectable premium. Christmas festivities at Grace church will begin with the children's festival on Saturday evening at 6. There will bean elocution service and singing before the ap. pearance of Sauta Claus. Christmas day morning prayer at 10:45. Subject of ser""The Christ Child. At m. there will be a children s'service with bap. tism reveuing prayer at 7, subject of ser The Name of Jesus. Offertory three services. It was Daniel, instead of M. P. Hauley, of Staffordville, to whom the large party from Stafford Springs made the surprise visit recently, and premented all easy chair Mr. H. was recently married, and the size of the party, considering the distance of the journey indicated a considerable circle of friends. The 'D. O. H. Lodge advertise dance for next Monday eveuing, 26th, iu the hall ou West. Maiu-at the old school house. Tickets of admission 25 cents. MASONIC.-Ionie Lodge, No. 110, held its annual meeting on Friday evening last, and elected the following officers for the David H. S. Abel, W. M eusuing year J Bissett, S. W. T. C. Tiffany, J. W M. Lord, treasurer A. J. Turner, secre tury Geo. W. Eaton, S. D. Chas. But terfield, J D. Henry O. Butterfield, S. S. D. H. Parson, J. S. J. W. Dimock, organist A. N. Nichols, chaplain Carl Converse marshal Emory Pierce, tiler A. C. Eaton, A. Close, J V Squier finance committee. Wolcott Lodge, b No. 60, holds its annual on Saturday evening Orient Chapter, R A M meets on Wednesday evening next. 9 Mesers. Arthur Keith and Joseph Brennan of this village attended the recent Gallandet jubilee at Boston, the annual meeting of Stafford Grange, No. 55, held at the town house Tuesday evening, officers were chosen as follows Master, D. J. Glazier overseer G. F. Phillips ; lecturer, J. M. Larned treasurer, James Risley secretary, H. A Glazier steward, J. W Witt assistant steward, Myron I. Cady lady assistant steward, Mrs. Myron I. Cady chaplain, J. W. Chandler gate keeper, Jacob Glover Ceres, Mrs. D. J. Glazier Po mona, Mrs. J. W. Witt Flora, Mrs. Mary Weston. The next meeting will be held on Tuesday evening, Jan. 3d. The grange is expecting to arrange to use Masonic Hall, Stafford Hollow. for future meetings, There are now a number of candidates awaiting initiation, and the grange is like ly to have lively work in the making of grangers during the winter evenings. The farmers of Stafford will promote their own interests by strengthening and sustaining this farmer's co-operative association, the object of which is to foster the interests of agriculturists. The N. L. N. railroad advertises holiday excursion rates- fare for round trip tickets to any point on the road. Tickets sold at any station. Christmas tickets are good to go Dec. 24th and 26th to return until Dec. 27th. New Years tickets good to go Dec. 31st and Jan. 2d to return un Jan. 3d. The Orouttville Sunday school of which T. G. Hodgson is superintendent will have in connection with their exer cises and Christmas tree on Saturday even ing, a Christmas cantata. -The public library will be closed on Saturday at 6 p. m. We give below cast of characters for 'The Mouse Trap, to be presented at Grace church vestry Tuesday evening, Dec. 27th Miss G. M. Chamberlin, Mrs. Somers, Rose Beckwith. Mrs. Bemis, Crosskill. Mrs. Roberts, Mrs. Miller, Fanny Bliss, Chamberlin. Mrs. Cureven, Jane. Rose Beokwith Dr. F. L. Smith. Mr. Campbell, hoped that selections in reading will be given by a professional elocutionist in addition to the above. In any case we can safely promise a delightful evening's entertainment to all who attend, The ad-


Article from The Press, February 9, 1888

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Hartford Times The Times has here. tofore noted that attachments had been placed by Colonel Joslyn, receiver of the Stafford National Bank, on the property of Ratcliffe Hicks, of Meriden, and Merrick A. Marcy, of this city, who were bondsmen for Cashier Hicks, on his bond for the faithful periormance of his duty. The bond was for $15,000, and both Mr. Hicks and Mr. Marcy were understood to have been mutually liable. The impression has been that Mr. Hicks, who is the brother of the defauiting cashier, and a man of wealth, would assume the entire obligation and relieve Mr. Marcy. But if Mr. Durand, who is the Meriden agent of Mr. Hicks, is to be credited, Mr. Hicks objects to paying more than his half. Mr. Hicks, it is reported, has not yet been heard from directly in the matter. The attachment on Mr. Marcy's property was placed on his large farm in the town of Union, where he formerly resided. It is understood that an effort will be made to arrange a compromise for a less sum than the full amount of the bond.


Article from The Press, February 9, 1888

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Colonel Charles M. Joslyn, receiver of the Stafford National Bank, has returned from Washington, where he arranged for the first payment of the first dividend of 50 per cent. to the creditors of the bank. The claims against the bank at the time of its failure were about 301,000, or, deducting the circulation, $256,000. Then there were various offsets by notes due from depositors, and the estimate of liabilities made at the time of the inventory has been found to be within $1,100 of the proven claims-$47,436.28. The first dividend, 50 per cent., calls for $123,718.14, and checks for the money were forwarded by Colonel Joslyn last Saturday and Monday. A dividend within three months after suspension is prompt work, and Colonel Joslyn is satisfied that he can make another of 25 per cent. by April 1, and that within a few months thereafter he will be able to make a final dividend of equal amount, thus giving the creditors dollar for dollar of their claims. Fortunately for the stockholders, this will be done without calling upon them for any assessment, and it is possible that, although the capital stock is practi cally wiped out, something may be left to them. But it will be 80 little that it will amount to nothing as against their losses. - -.Hartford Times.


Article from The Press, October 25, 1888

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HOME NEWS Local Notices. (u atter as ler this head eight cents per line.) a Don't forget that we can give you Child's Overcoat for $1 75. or a Man's Overcoat for $2.50. H. S. Abel. -Full line of Boots and Shoes suited to the-season and to everybody's needs, at O. J. Gaynor's. Blank forms for wills, mortgages and deeds, also all kinds of legal blanks kept at The Press office. Regular meetings of Winter Post, on the 1st and 3d Monday evenings of each month. -Ladies, examine those Rubbers at 25c. a pair, at Maine's. -Broken lot of 30 pair Dearborn & Shaw's celebrated fine Curacoa Kid Shoes, marked down to $1.97, to clear out, former prices $3 to $3.50, at Maine's Gent's Shoe Blacking 1c. per box at Maine's. Rent receipts, made up in books of 50 or 100, with stubs for memoranda, for sale at The Press office. -Legal Blanks at The Press office. Tickets to all points west for sale at the office of the N. L. N. R. R., Stafford Springs. J. V. Squier, agent. OVERCOATES DAMAGED BY WATER Hurt only in looks, and not bad at that Customers may have the benefit of it! Call at Leach's Central Clothing House and see about it. Nice Quinces for canning at Johnson's. Black Silks, Velvets, Plushes, Henrietta Clothes, Cashmeres, Serges, and other black dress goods A. W. Walker's. -3 bars good Soap for 10c. at Johnson's. -Special bargains in Ladies' and Children's Winter Garments at A. W. Walker's. -Hard wood Tooth Picks 5c. per box at Johnson's. -Ladies Fall Jackets only $2.50 each at A. W. Walker's -One pound good Black Tea and Lunch Basket only 50 ets., at Johnson's E-A sure cure for corns and bunions are those Ladies' Gypsy Cut Shoes, for $2, $2 25 and $3.50, at Hanley's. -Always ahead in quality of goods, and always the lowest in prices, at Hanley's Call and see for yourselves -Extra bargains in Kid Gloves at A. W. Walker's. -Large line of Fall and Winter Dress Goods at A. W. Walker's. STAFFORD. Col. C. M. Joslyn, receiver of the Staf ford National Bank, has realized upon the assets, and has deposited with the controller's office in Washington, an amount sufficient to make the final payment of the claim of each depositor and creditor of the bank, with interest during time since the saspensión. It is a creditable piece of work, to have within the year 80 success fully accomplished the duties of his ap. pointment, and our business men and the press of the state are warmly commending Col. Joslyn for it. With the payment of these claims the duties of the receiver will be ended. The next step will be the call ing of a meeting of the stockholders by the controller, at which the affairs of the bank and the remaining assets will be turned over to them. This meeting will choose an agent to further realize on assets and to divide among the stockholders whatever may be saved. It'is considered possible and not improbable, that 10 per cent. may be saved of the capital stock, The stockholders would do well to make Col. Foalyn the agent to continue the work he has begun as receiver. He has shown himself to be a successful business man, and knows much about the affairs of the bank that a new agent would require considerable time to learn. This community may congratulate itself that within 80 short a. time it has so far recovered from the disaster that one year ago seemed so overwhelraing andirretrievable Selden Suow is cutting off a wood lot in the north part of the town, W. H Griggs has located his portable steam mill on the lot. The last previous work done by Mr. Griggs was cutting off the lot back of the Stafford Springs cemetery for F. A. Pierson. F. A. West, of the Oriental Tea Store, has exchanged his goods and business with G. W. Adams for the latter's farm in Tolland, near Snipsic farm, known as the Wm. Baker place. Mr. West makes the change because the confinement of the store is detrimental to his health, but is not fully decided to move upon the farm himself. Mr. Adams will sell the stock, tools, etc., on the farm at auction on Satorday next, at 10 a, m., and will remove to Stafford Springs to conduct the business of which he has assumed the proprie torship. Mr. and Mrs. G. M. Ives will close their house for the winter, and make their home with their daughter, Mrs. Hicks, Prosecutor Turner on Monday with a considerable force of officers engaged from outside the town, searched the several sa loons in town, with no results, save that one bottle was seized at the American House, which, however, when laid down for a moment, was smashed, it is said, by an employee of the house, who is one of Stafford's constables. -The following officers were elected by Harmony Temple of Honor last evening Wi C. T. F. J. Ohl W. V. T., James Brennan: W. R., F. W. Howard: W. A. R Perry P. Davis W F. R., Lewis McLaughlin ; W. T. F N. Crane W. C.,L.S. Converse W. U., J. W. Melbourne; W. D. U., E.A. Cleaveland W. G., E. R Marsdale W S., S. F. Pease P. W. U. T., A. E. Converse. -Those interested should note that the date for Senator Hawley's speech at Oronoco Hall is to-morrow evening. The first announcement was for this evening. Next Monday is the last day for ad mitting electors to the list. See advertise. ment. Services at Grace church Sunday next. as usual, the rector officiating. He will also hold a mission service at Hydeville at 3 p.m., at the house of Mr. Geo. Beard -Assessor John Brosnan will be at Han. ley's shoe store on Monday to receive lists, Assessor Patten will be at Eaton't store, Staffordville, for the same purpose on Sat urday. Lists must be handed in before Nov. 1st, as the assessors are by law requested to add 10 per cent. to their own estimates of valuation. -The Central Woolen Co. will start their mill in full Nov. 1st, and those wish ing work will apply at once. There will be an increase of the working force. W. A. King spoke at Woodbury Tues day evening, at Clinton Wednesday even-


Article from Morning Journal and Courier, January 4, 1889

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PAID IN FULL. Creditors of a Connecticut Bank. WASHINGTON, Jan. 3.-Comptroller Trenholm having received information that the claims of the creditors of the Stafford National bank of Stafford Springs, Conn., have been paid in full with interest, has instructed the receiver in charge of the bank to turn over the remaining assets to the agent of the stockholders. The bank failed October 12, 1887.


Article from Delaware Gazette and State Journal, January 10, 1889

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"TVHENED NI The firm of Minis, Moore & Co., Richmond, Arkansas, has failed for about $150,000. The assets are not known. The combined wealth of the Vanderbilt family, according to the New World, is $274,000,000, and the estimated income from it per annum $13,864,000. The Secretary of the Treasury Thurs. day accepted the following bonds: registered. $50,000 at 1271: registered 000'09' '008 194 $3550'00 'sep **80T 10 II" '000'98$ A boiler in the hoop factory of Colonel John Ashford, in Raleigh, N. C., ploded Thursday, killing Col. Ashford's anfor Street pus 'oxSeu B pus RUCS OM1 ing Col. Ashford himself. Secretary Whitney Thursday appointed a board to examine and report upon the merits of the plans for a submerged cruiser submitted to the department several months ago by Representative Thomas. David Irwin died near Waseka, Minn 10 esse allegable em TB no a SEAL oq that piss " 71 Terrs. with President George Washington and other statesmen of his time, and served in the war of 1812. At a dinner party given by Charles MON no 1 JUAN 'UOS Year's Diy, bis family and nine guests were poisoned by partaking of IIV 'oujz TO open 10683A U u! person condition secures U up The treasury department has been vised of the death of Henry O. Tifft, our 18 moisno eq: 10 of Newport, Rhode Island. Mr. Tiffe our as excluse em SEM 'oor years 89 1940 41 persons Базлец The steamer Main, from Bremen pus 9HM Relitions passengers, arrived at New York 6001 000'T adventionip of singh cargo From Sable Island she encountered 'ROS q21q U pus spurs Booss A receiver was appointed Thursday for Henry Werner, wholessie dealer in 10 additition 001 no YOUR MON at Strauss, bis European partner. His assets pau 000'008$ eq of PIVS 918 $250,000 in hides. The receiver sai that a quarrel between the partners caused his appointment. Unitel States Treasnrer Hyatt Thurs. day signed a check, payable to himself, Jesune 01 '000 006 898 to: quour 1691 om Suprup peprodxe which ''02' 'spuoq 10 941 u! has theoretically paid from his pocket. trust "W sq pendis allow 991 91 mg used sun on come The comptroller of the currency of the 7947 personal useq Sugary the creditors of the Stafford National Bank of Stafford Springs, Connecticat, qum 1101 us prud useq GAUD usus 07 obraqo up responer on: perepzo quess eq: 01 our 1940 pours rund on October 12th, 1887. The general managers of all the lines States 001 10 terming eq: as Passenger Association, west, north-west and sonth-west of Chicago, met in city Thu sday 91 a unanimously agreed equipment eq: 201 a no unio: 01 on up selve JO cours 1snq reseased 10 scupuce eqf 201 pou our qual up seed Commerce law. According to a dispatch from Pitts burg, coke shipments to the West enormous at the present time. and have the que op 01 yours ditions of the railroads. The H 0 Frich Coke Company on Monday week broke'all previous records for jone day by loading *05.00 JO speciale 612 Suiddings pus ent SEM 5150 010 outlity 1847 01 number ever attained in R single day. b' The United Ptates steamer Ossipee 01 Ports 201 1100 TEM ""A NATION 18 MOU process III "sAup Me: B 121 THAN Prinos pusmimos son 01 penser влардо THE some *A ing officer by Rear Admiral Luce, 10 manding the North Atlantic Squadron II prior to his departure on the Galena 6 BI there suq: punoj 91 71 JI HasH 10 necessity for the constant presence 10 turee war vessels in Haytian waters, un your ques eq ITM there MOU OM1 eq7 10 at the United States. 04 JO Fan Jose de Costa Rica was shaken JO Improm pus 29.4 Deceader 10 14210 one "A JO septes . &q 4008 10 shoold em редепод " 4I originated in the volcano of Poaz, leagues from the town. At Alajuela su 02 persons were killed and many were 10 jured. The churches and principa buildings in the city suffered consider pt able damage. The inhabitants encamped 01 ON pus service our up pt pa as ent persuose Sujasy states. shools 94 UI The United States commission for 0 investigation of the hog cholera concluded their labors in Baltimere the present and have gone to South Caro pesodmoo BI The AT three members-Professor Shakespear of the University of Pennsylvania chair 20 man; Dr. B M Bolton formerly of SQ eq Hopkins University, and Professor B rill of the Botanical department of pe State Agricultural College of Illinois -p They will correspond with the leading specialists of this study in Europe. A telegram from Pittsburg reports pe of the biggist land deals on record. -2% summated with the Brazilian governmen spr by New York, Pittsburg and Washington -0. capitalist. The principal object of 01 usdo 01 S! eg: JO 101 up spiew piog pus promotr G8 cp 07 Jepro at pris Brazil company with a capitol of $2,000,000 02 in process of formation. The grant pa 89208 000 09 pay 000 09 bection 20J '00 land bordering the Amazon river, in qua region of the Andes mountains. The Society for the Protection of 8 put шор on othios as 18 addressed letters to President Oleveland -do Secretary Bayard and leading Congres MO men, asking for their views on the ject of immigration. Among the answer received was one from President Clev land, who said that his views were one one set forth in his annual message, and