17803. Logan National Bank (West Liberty, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2942
Charter Number
2942
Start Date
September 23, 1884
Location
West Liberty, Ohio (40.254, -83.757)

Metadata

Model
gpt-5-mini
Short Digest
5f377050

Response Measures

None

Receivership Details

Depositor recovery rate
69.5%
Date receivership started
1884-10-18
Date receivership terminated
1890-01-22
OCC cause of failure
Fraud
Share of assets assessed as good
72.6%
Share of assets assessed as doubtful
27.4%

Description

Multiple contemporary papers (Sept 23–24, 1884) report the Logan National Bank at West Liberty, Ohio, closed or compelled to suspend because the cashier loaned nearly all available funds to one firm. No articles describe a depositor run. A later item (May 8, 1885) reports the Comptroller declaring a 30% dividend to creditors, indicating receivership/liquidation rather than reopening.

Events (4)

1. May 7, 1883 Chartered
Source
historical_nic
2. September 23, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier loaned nearly all available funds to one firm, creating insolvency/illiquidity and forcing suspension.
Newspaper Excerpt
The Logan National Bank closed yesterday. The suspension was caused by the cashier loaning nearly all the available funds to one firm.
Source
newspapers
3. October 18, 1884 Receivership
Source
historical_nic
4. May 8, 1885 Receivership
Newspaper Excerpt
The comptroller of the currency has declared a first dividend of 30 per cent. in favor of the creditors of the Logan National Bank, of West Liberty, Ohio.
Source
newspapers

Newspaper Articles (11)

Article from The Daily Cairo Bulletin, September 24, 1884

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Another Bank Fails. WEST LIBERTY, o., September 23.Logan National Bank closed yesterday. The suspension was caused by the cashier oaning out nearly all the available funds to one firm. The bank had a capital of


Article from Richmond Dispatch, September 24, 1884

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Bank and Other Faitures. [By telegraph to the Dispatch.] WEST LIBERTY. O., September 23.-The Logan National Bank closed its doors yesterday, which was caused by the cashier loaning nearly all the available funds to one firm. The bank had a capital of only $50,000. It is said that the loan is well secured: that depositors will lose nothing. NEW YORK, September 23.-The suspension of C. A. Mintun has just been announced at the Stock Exchange. He has no outstanding contracts in the Board.


Article from The Rock Island Argus, September 24, 1884

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A Brilliant Bank Cashier. WEST LIBERTY, Ohio, Sept. 24.-The Logan National bank closed Monday. The suspension was caused by the cashier loaning out nearly all the available funds to one firm. The bank had a capital of but $50,000. It is said the loan is well secured, and that the depositors will not lose anything.


Article from The Times, September 26, 1884

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AREA The gold reserve in the treasury has within two months increased $15,000,*000 John Lord Taylor, an eminent Congregational clergyman. died Tuesday at Andover, Mass. Samuel S. Early, one of the foremost citizens of Terre Haute, died in a barber's chair Thursday. F. T. Nichols, editor of the Memphis Avalanche, died of paralysis while visiting Davenport with his family. The tailors of Davenport, Rock Island, and Moline went out on strike, Monday, and paraded the streets. Senator Pendleton is slowly recovering from an illness which has kept him confined to his house for ten days. A factory at Wheeling produced 7,564 kegs of steel nails in fifty-five hours, last week, beating all records. The Panama Canal company has contracted with a dredging company of New York to cut the last section in MS8I McFerran, a leading citizen of Boyle county, Kentucky, was killed by being thrown from his horse in a cornpley The steam-tug Rescue has gone to the wreck of the Tallapoosa with pontoons to be used in raising the sunken vessel. Seven convicts were on Saturday whipped by the sheriff at New Castle, Delaware, in presence of four hundred persons. W. W. Pyne, formerly a leading hotel proprietor in Dubuque, Iowa, ended his career in the insane asylum at Independence. The receivers of the Wabash road report for the summer months an excess of $37,888 in the receipts above the expenditures. Three men were killed and two others fatally injured by a collision of Hannibal freight trains near New Cambria, Mo. Overwork is'believed to be the cause of the suicide of L. J. Brown, a leading dry-goods merchant of Fitchburg. A statue of General John F' Reynolds. who fell at Gettysburg, was unveiled Thursday at Harrisburg, in front of the city hall. Some boys engaged in stealing turnips at North Topeka, Kansas, unearthpen SEM which up B pe coin. silver up 001$ John Lang, of Dubuque, Iowa. after quarreling with his second wife about some property, shot her in the head and killed himself. Advices from Wisconsin are to the effect that the cranberry crop is nearly eug JO acres 259000 and Failure B tobacco were raised. John S. Roush, one of the foremost business men of Bloomington, Illinois, was killed Saturday evening by being thrown from his buggy. A stroke of lightning at Elmwood, Illinois, during Monday night, killed a babe lying asleep between its parents, leaving the latter unharmed. A new and fatal cattle-disease has made its appearance in the vicinity of Leavenworth, Kansas. The State Veterinarian is investigating. The Logan National bank at Wes Liberty, Ohio, was compelled to suspend because the cashier loaned nearly may euo 04 spung available the IIe Standing Elk, a Sioux chief engaged in the Custer massacre, who has spent the summer on the road with a circus, died of consumption at Brooklyn, Ia. Three cases of Texas fever were discovered among native milch cows at Manhattan. Kansas, but the latter are incapable of transmitting the disease. While changing cars at Milwaukee, Mrs. Edward S. Bragg, of Fond du Lac, suffered a fracture of the knee, which threatens to render her permanently lame. James Gordon Bennett quietly crossed the continent to visit John W. Mackey, and narrowly escaped death in a railway collision at Port Costa, California. Thomas Fawcett, a banker of London, Ontaria, with liabilities estimated as high as 1,000,000, is in financial difficulty, the Bank of Montreal having thrown out his checks. The grand jury of Rutland county, Vermont, has indicted John B. Page and J. M. Haven, ex-president and extreasurer of the Rutland road, for the embezzlement of $45,000. A mortgage of $5,000,000 on the St. Paul road has been recorded in New York, to pay for terminal improvements made in Chicagoand Milwaukee and others to be acquired. By order of the state veterinarian of Illinois, four horses afflicted with glanders were killed on the premises of J. W. Barber, of Decatur, after they had been quarantined for thirty days. Parties from New York, who intend to form an Episcopal colony, have purchased from the Santa Fe road a tract of 26,000 acres in Mora county, New Mexico, situated in a mountain park. Leading citizens of Eau Claire, Wisconsin. appeal to the public for aid for the sufferers by the recent overflow of the Chippewa river, and have appointed a committee to distribute contribu*suon The Phillips oil well in Pennsylvania is flowing at the rate of 3,300 barrels per day. Petroleum broke four cents e Jones' 'd 'V имор Carrying 'Aupuow New York broker, whose liabilities are $296.00 Detectives in the Pennsylvania coal regions report that the Molly Maguire organizations are being secretly re-established, and that Hungarian miners have been assassinated by oath-bound members. The twenty-second anniversary of the issue of the proclamation of emancipation was celebrated by the colored citizens of Springfield, Illinois, who JO home pio the 01 Spoq B up marrhad Lincoln. Abraham


Article from Savannah Morning News, September 29, 1884

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About 80 per cent. were those of small traders whose capital was less than $5,000. Among the suspensions reported were Burdett & Pond, rubber importers, New. York city; Chadwick, Peters & Holt, wholesale dry goods, Syracuse, N. Y.; Simon Hays & Sons, wholesale clothing, Rochester, N. Y.; Newcomb-Buchanan Co., distilleries, Louisville, Ky.; Jacob Beiresdorf, furniture manufacturer, and Harzfield, Friend & Co., cloak manufacturers, Chicago: Logan National Bank and Taylor, Fisher & Co., grain, West Liberty, Ohio; Day Brothers & Co., wholesale dry goods, Peoria, Ill.; Hathaway & Co., crockery, San Francisco.. and the St. Louis Malleable Iron Co. In the principal 'trades they were as follows: Grocers 31, general stores 21, liquors 13, manufacturers 13, hardware and agricultural implements 11, clothing 11, lumber and material 10, jewelry 9, carriages, etc., 7, furniture 6, hotels and restaurants 6, shoes 5, dry goods 5, bakers 5, confectioners 4, fancy goods 4, stationers, printers, etc., 4, produce and provisions 4, coal and wood 3, drugs 3, grain and millers 3, men's furnishing goods 3, markets 3, tobaeco and cigars 3, banks and bankers 2, cloaks 2, crockery 2, harness 2, plumbers 2. ALABAMA. Obile.-Danner & Co., coal and wood, assigned to George E. Sage. They were involved by the failure of the Bank of Mobile, of which the senior partner was President. They are also partners in the Danner Land and Lumber Company. Montgomery.-Wyman & Ball, hardware, failed. Stockton.-Robinson & McMillan, general store and lumber. reported assigned on account of the "suspension of the Danner Land and Lumber Company, in which they were largely interested. Union Springs.-Anderson & Frank, stoves, offer 25 cents. FLORIDA. Jasper.-W. H. Simpson. general store, attached $250. Liabilities $1,200. GEORGIA. Augusta.-Thorne Hardware Company sold out to N. H. Morrill, and states that a proposition for a settlement will be made to creditors as soon as it can realize on assets. Liabilities from $5,000 to $8,000. Gainesville.-D. C. McAllister. commission buggies, etc., attached by Cincinnati creditors. Sarannah.-G. R. Hohenstein, plumber, Sheriff's sale advertised for Oct. 15. Smithville.-James Graves, general store, failed and sold out. Liabilities about $1,500. TENNESSEE. Memphis.-J. F. Hawkins, drugs, attached; J. H. Scraggs & Co., produce and commission, sold out. The near approach of the end of the third quarter of the year renders possible an interesting examination of the number of failures occurring each week, together with a number of the more important embarrassments in the business world. Gauged by the record of failures in trade circles since Jan. 1, the total for 1884 promises to exceed the aggregate which was foreshadowed at the conclusion of the first quarter of the current year. In 1879 in the first quarter, the total was 2,350, from which there was a drop to 1,394 in 1880. From that on there has been a steady gain; in 1881 it was 1,986; in 1882, 2,146; in 1883, 3,189, and in 1884, 3,320 failures in the United States. In the first quarter of 1879 the number of business failures was 35 per cent. of the total for that year; in 1880 the first quarter's share was 32 per cent. of those for that year; in 1881 it was 33 per cent.; in 1882, 28 per cent., and in 1883, 31 per cent. The average of the five years named is thus about 32 per cent. for the first quarter. In considering this, in an article in Bradstreeťs on April 5, it was stated that "the total number of failures for the first quarter of 1884 being 3,320," and that on the basis of the average percentage shown it pointed "to a record of over 10,400 business deaths within the current year." This view was fully borne out by the weekly lists of failures for the first six months. During the past quarter, however, the prospect named has been intensified, and the outlook now is for a greater increase than indicated earlier in the year.


Article from Connecticut Western News, October 1, 1884

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NEWS OF THE WEEK. GENERAL ITEMS. The Sons of the Revolution have asked President Arthur to head dollar subscrit otion list to aid in the construction of the Bartholdi pedestal, and is hoped that men. women and children will send in subscriptions of one dollar. The real estate of James D. Fish, lately of the Marine Bank, of New York, is to be sold by his receiver, on Oct. 15. There were 201 failures in the United States reported to Bradstreet's during the against 206 in the preceding week, and 164,173 and 112 in the corresponding weeks of 1883, 1882 and 1881 respectively. Police Superintendent Walling, of New York, on Friday sent out general alarm warning a persons that it illegal to form or march cession unless six hours notico given to the police, and permission to parade is obtained -Great excitement prevailed on Friday at Patchogue, L.I., when the sudden disappoar ance of Postmaster Hammond was made known. When he was missed, Bank Inspector Bossett was notified. He reported that Ham mond's accounts were $1,400 short. -Several children have died during the past week from malignant dysentery at Atlantic is ville, Suffolk county L and the disease reported epidemic The malady is rapidly spreading, but the County Board have taken action the matter. said that the disease was caused by the sudden change in the weather from hot to cold. Theodore Rouleau aged eighteen, and Hortense Paro, aged sixteen, both French Canadians, while walking home from ball at Rochester H. Tuesday night, taken thunder storm and both struck lightning Rouleau instantly killed. Miss Paro's hair, one arm and hand were badly burned, and she has lost her reason, which, it is feared, will not be restored. The president and secretary of the New comb Buchanan Distilling Company of Louis ville, Ky.. are said to have fled, and extensive frauds by means of duplicated warehouse rebeen discovered. have ceipts -The Logan National Bank of West Lib erty, Ohio, has closed its doors. In the White Bay district, Labrador. three thousand persons are starving. Commander French, of the war ship Cloride and passing vessels rendered temporary assistance, and orwarded strong has Commander French appeal for aid to the Newfoundland government. -Two men were hanged for murder in Pennsylvania on Tuesday The total and equalized value of real and personal property in New York State is rebillion dollars turned three over as of -The Newcomb Buchanan Comp ny, Louisville one of the largest whisky distillers in the country, has made assignment Henry Clay, grandson of the great Harry who was shot by saloon keeper in Louisvill is dead. Efforte are being made to raise the sunken steamer Tal'apoosa. -Eureka, Nev. was nearly destroyed by fire. serious affray occurred bet ween residents of Burr Oak, Jewell county, Kansas. and some circus employees, in which one man was killed and others wounded An elderly lady near Erie, Pa while in a state of somnambulism got out of second story window, and, on being suddenly awakened, fell to the ground, sustaining fatal injuries. Henry Clay, & grandson of the great states man and orator of that name, was shot and mortally wounded by a saloonkeeper in Louisviile, Ky -The only daughter of a wealthy Chicago pork packer eloped with one of the slaughter ers employed by her father. -Seven persons convicted were publicly whipped in Wilmington, Del., one of whom also underwent the antiquated ordeal at the pillory -Two men engaged in repairing sewer in Pittsburg were suffocated by gas. The stockholders of the Northern Railroad declared division of the $1,500,000 surplus accumulated by the road. A Hebrew girl of nineteen, failing to pass her ermination in New York city recently wrote to her parents that she could no longer bear to see them slave for her, and disap peared She was found working as servant girl family in that city, court of inquiry -The finding of naval that all the blame for sinking the Tallapoosa lies with the of the schoone has been approved by the Navy Artment. Three steamboats, including the relief boat Lily, were burned at Dincinnati one in Boston harbor and another in Delaware river. At the lost. one life fire latter new vault to hold fifty million silver dollars has been comp pleted in the Treasury build ing at Washington The discovery of the body of James Wain wright, pierced with shot, in creek among the woods near Tom's River, N. led to the arrest of a prominent resident of the village and also of several members of his family. -Four incendiary fires were started in Cleveland. Two of them caused great damage. -At Stamford, Conn. gang of about sixty boys, organized for purpose of petty thefts. etc., has been discovered and some of the members arrested. FOREIGN ITEMS at riot a The Salvation Army has caused Nyon on the northwest shore of Lake Gene Cholera still extending its ravages in Italy, and such an extent cause fear of a general financial reverse during the coming winter. -Troops for the camel expedition to the Boudan have departed from England The English authorities have dered inDover at to be to taken creased tions prevent the landing of dynamiter who are expected to endeavor to reach London from the Continent English detect impany each steamer that crosses the Channel, wh narrowly scrutinize each pas-enger and subjeet all baggage the closest examination. Typhoid fever has broken out St. Owen, France, 30 cases being reported daily the Brigandage seriously increasing in interior of Egypt. Lord Northbrook, the British High Commissioner, has gone to ex amine into the matter. The German government has forbidde the new corvettes ing- Yuen and Chen- Yuen which were built for China, to leave Kiel under the flag German Advices from Burmah state that a san guinary outbreak had occurred in the jail a Mandalay Several hundred convicts were killed. King Humbert of Italy has been compli mer ted for his in the infected district by the President of the French Republic. Diaz elected Presid of Mexico fo four years from Dece mber next. Another asteroid has been discovered by Austrian astronome an Brussels tranquil. though arrests are ex ected follow the discovery of plot against the State A Spanish sergeant and seven privates on the northeastern frontier of Spain desert from their post Tuesday and, taking the treasure chest of their regiment with them, crossed into France, shouting Vive Zorilla. They were placed under arrest and deprived of their arms. Lord Lyons, the English Ambassador to France, has made an appeal to the French for work for the suffering work men of Paris. Preparati are going on for general unprising in Cuba during the coming winter The negroes will urged to oin the insurred tionists, and that portion of the programm most the of the island. Twenty-one persons have been arrested in anarchists. Vienna steamer truria, launched on the Clyde for the Cunard line, is. next to the Great steamer the largest afloat. Eastern, -The storm clouds of religious warfare in Belgium growing more ominous. to The Chinese are beginning to refuse French the and other between discriminate dislike and the daily foreign resid In the event of an outbreak the native Christians will be the first to suffer and after them the foreigners. The Germane are sending corvettes to the west coast of Africa to protect their A Varna pondent savs that all the Powers now united in resisting the effort of Turkey emancipate herself from inter national control.


Article from The Bolivar Bulletin, October 2, 1884

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ON the 23d the Logan National Bank at West Liberty, O., closed its doors. THE United States Treasury on the 231 held a gold reserve amounting to $129,000,000. RECEIVERS have been appointed in New York for the Bankers' and Merchants' Telegraph Company. ON the 23.1 the visible supply of wheat was 21,657,000 bushels; corn, 5,377,000 bushels; oats, 2,798,000 bushels. A SYNDICATE of New York capitalists has purchased 20,000 acres of cultivated land in New Mexico, and will found an Episcopal colony of Eastern people. TWENTY-ONE Anarchists were arrested by the police at Vienna on the 23d. ON the 23d the Supreme Court of Ohio reconvened. Motion was made to take up the cases under the Scott liquor law out of the regular order, and the question was to be argued on the 25th. SINCE the assignment of the Newcomb & Buchanan Company at Louisville, Ky., no one has seen or heard of two of the members of the concern. Crookedness is freely charged, and the supposition is that they have gone to join the army of tourists in Canada. THE Chicago corn corner has caused enormous receipts, over 900 cars being received on the 23d. The price broke at the morning call, but the manipulators continued in supreme control. The excitement was almost unprecedented on the floor of the Exchange. DURING the week of the 27th the Wall Street Bank will pay depositors a dividend of either filteen or twenty per cent. ON the 23d a notice was posted in the works of the Brooke Iron Company of Birdsboro, Pa., announcing a ten per cent. reduction of wages of all employes, except day laborers, the reduction to take effect October 1. The works employ 6)0 hands. THE Insurance Commissioners began their annual convention at Chicago on the 24th. A FRENCH paper of the 24th declared that the relations between England and France are so strained that a rupture is feared. THE long drought in the Miami Valley of Ohio has been relieved by heavy rains. THERE were 441 fresh cases of cholerain Italy and 203 deaths during twenty-four hours ended the evening of the 24th. APPLICATION has been made by the Chinese Government for 3,000 square feet of space at the New Orleans Exposition. BONDHOLDERS in England have ratified the agreement for the settlement of the Mexican debt. DEALERS recently shipped 95,000 bushels of wheat from Buffalo to Chicago to help out shorts on September delivery. ACCORDING to one thousand reports received the potato crop of New England, New York and Canada is considerably below the average,


Article from The True Northerner, October 2, 1884

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WESTERN. Stage and his wife were found guilty at Fort Atkinson, Wis., of killing their threeweeks-old babe with arsenic, and both go to the penitentiary for life. In a dispute over the payment of drinks at Hessville, Ind., a window was broken, when the saloon proprietor, Joseph Hess, plunged a pitchfork into the breast of one man, while Hess' son fired a doublebarreled gun into the crowd, wounding three persons, two of them mortally. The Logan National Bank, at West Liberty, Ohio, was compelled to suspend because the cashier loaned nearly all the available funds to one firm. Frederick T. Nichols, chief editor of the Memphis Avalanche, died suddenly at Davenport, Ia., from paralysis of the brain. He was in his 54th year. He formerly resided at Davenport. Twenty-six thousand acres near Las Vegas Springs, N. M., have been purchased by New York parties, upon which an Episcopal colony of Eastern people will be formed, and an educational institution established. A collision occurred on the Alton Road, near Pontiac, Ill. John E. Zeublin, a telegraph Superintendent at Chicago, was severely hurt. Two sleepers and fifteen freight-cars were burned, causing a loss of $35,000. After ransacking the house of a wealthy resident of Pana, Ill., the other night, the burglars retired to sleep in one of the hedrooms, came down in the morning, procured and ate breakfast at the table, and coolly left the premises when discovered by a servant. The disease which has broken out among the cattle in the Leavenworth (Kan.) district is promounced by the State Veterinarian to be Texas fever. It was communicated by a head of Texas cattle driven through the district. It will be speedily stamped out. Ore-docks 1,400 feet long and fortysix feet wide are to be constructed by a railway company at Ashland, Wis., at an estimated cost of $300,000. The cashier of the Las Vegas (N. M.) National Bank discovered that the vault of the bank was being tunneled from the outside, and guards were placed. The masonry was noticed to be sinking, and a volunteer who intended to search the cellar met a man on the stairs whom he shot dead. He proved to be the mason who built the bank vault. The robbers fled after a time, and the tunnel was explored. It is six feet long, well constructed and provisioned, and must have taken months to build. After easily winning the three-minute trot at Cleveland the mare Baby Mine was expelled from all tracks of the National Association. It was shown that she was a "ringer," and had a record barring her from the class. James W. Nesmith, who was United States Senator from Oregon from 1861 to 1867, has become insane, and was placed in an asylum at Portland, Oregon. Dr. Paaren, State Veterinarian, visited the farm of M. J. Clarke, near Geneva, III., and caused two Jersey heifers to be shot. An examination clearly showed the existence of pleuro-pneumonia, and the appraisers fixed the value of the animals at $110. Ten others of the herd have died within six months. Gurler Brothers' butter and cheese factory, at DeKalb, Ill., was destroyed by fire. The loss is $10,000. Incited by hatred of their six-yearold brother, Carrie and Bessie Waterman,


Article from The Jasper Weekly Courier, October 3, 1884

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LATE NEWS ITEMS. MICHAEL MURRAY was banged at Edensbur Pa., on the 231 for the murd-r of John Hancuff in October, 1881. THE cholera record for Italy during the twenty-four hours ended the evening of the 23d, was 435 fresh cases and 265 deaths. THE Logan National Bank at West Liberty, o., closed its doors on the 23d. JOSEPH SARVER, who murdered his father, was executed at Indiana, Pa., on the 23d. EL MAHDI has twenty Krupp cannon, and 10,000 of his followers are armed with American rifles. JUSTICE FIELD delivered an opinion on the 23d in reference to the Chinese ques. tion at San Francisco. THE eleventh annual convention of the Brotherhood of Locomotive Firemen opened at Toronto, Ont., on tue 23d. THE gold reserve in the United States Treasury on the 23.1 amounted to $129,000,000. THE police arrested twenty -one Anarchists at Vienna on the 23d. RECEIVERS have been appointed in New York for the Bankers' and Merchants Telegraph Company. THE British gunboat Wasp was wrecked off Tory Island, northwest coast of Ire. land, on the 23d. Fifty-two men were lost. THE visible supply of wheat on the 23d was 21,657,000 bushels; corn, 5,877, .00 bushels; oats, 2,798,000 bushels. FREDERICK S. NICHOLS, editor of the Memphis Acatanche, died suddenly at Davenport, la., on the 231, of paralysis of the brain. PROF. JOHN LORD TAYLOR, an eminent Congregational divine of Andover, Mass. died on the 231, in the seventy-third year of his age. THE populace of Brussels, Belgium, made a great demonstration against the Gov. erniment on the 23d, creating intense ex. citement. TEN EYCK defeated Riley in a three-mile scull race at Peekskill, N. Y., on the 23d. EDWIN HENRY was killed at Hayesville, Tenn., on the 23d by E. T. Johnson. This is a sequel to the suicide of Mrs. Johnson at Indianapolis last year. A NEW YORK company has purchased 20,000 acres of cultivated land in New Mexico, and will found an Episcopal col. ony of Eastern people. ROBBERS dug a sixty-foot tunnel under the vault of the First National Bank of Las Vegas, N. M. The scheme being discovered on the 23d, a Mexican went in the cellar and meeting one of the excavators, shot him dead without a word. THE Supreme Court of Ohio reconvened on the 23d. Motion was made to take up the cases under the Scott liquor law out of the regular order, and the question was to be argued on the 25th.


Article from The Indianapolis Sentinel, May 8, 1885

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pointed Collector for the District of Mississippi, vice James Hill, suspended. J. E. Chamberlin, one of the special agents of the Treasury Department, recently removed by Secretary Manning, has been ap. pointed a Special Inspector of Customs. He is temporarily on duty at Baltimore. The Secretary of the Interior has sub. mitted to the President for his approval the assignments of lands made to the Indians on the Santee Sioux reservation, Nebraska. There are about 800 such assignments, each for eighty acres of land, except in cases where the Indians took up homesteads under the treaty of 1868, which entitles them to 160 acres. This reservation was opened to settle. ment by order of President Arthur on Feb. ruary 9 last, and statements may be made after the 15th inst. Under the order 42,000 acres of fine land will be restored to the public domain. David V. Stephenson, Surveyor General for Nebraska and Iowa, has resigned. The President has appointed Junior Lieutenant Robert H McLean to be Lieutenant in the ravy. Lieutenant McLean has been three times before the Nayal Examining Board and once before the Retiring Board. J. M. Rice, of Austin, III., has been a warded the contract for the stone and brick work of the superstructure of the Jefferson City, Mo., public building, at $44,000. Ex Senator Blanch K. Bruce, Register of the Treasury, has tendered bis resignation. It is reported that the resignation was requested. Secretary Manning has directed that the issue of one and two-dollar notes be discontinned for the present. The Comptroller of the Currency has declared a dividend of 30 per cent. in favor of the creditors of the Logan National Bank, of West Liberty, o.


Article from National Republican, May 8, 1885

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Official Announcements. The Wales court-martial met yesterday, and adjourned until 10 a. m. to-day on account of the absence of Medical Director Taylor, who telegraphed that he had been detained. The United States treasurer has received an envelope, postmarked Baltimore, Md., containing $281.80. for credit to the "conscience fund," with the following explanation, "Uncle Sam's cash, $281.80." It is probable that the hearing of the charges by the Stonecutters' Union against Edward Clark, the architect of the capitol, will begin at the Interior Department at 10 o'clock, on the 13th instant. Mr. Clark has said that he would interpose no delay to the beginning of the investigation. The issue of $1 and $2 notes has been susI pended by Secretary Manning for the present. It is stated that more notes have been issued than necessary. Postoffice inspectors yesterday arrested Alice Reddick at Portsmouth, Va., on a charge of illegally obtaining registered letters from the postoffice in that city. The comptroller of the currency has called for it report of the condition of the national banks throughout the country at the close of business Wednesday last. : The comptroller of the currency has declared a first dividend of 30 per cent. in favor of the creditors of the Logan National Bank, of West Liberty, Ohio. THE best in the end is the cheapest, and in case of Salvation Oil, the cheapest is the best. 25 cents.