8adf11a4Full suspension
Other: Receivers appointed; later receiver reports fraud/intentional failure.
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Hard Times in Oklahoma. GUTHRIE, Oklahoma, Sept. 26.-The failure of the Capital bank Wednesday caused a run today on the Commercial bank, which nearly caused it to cl se its doors. Relief came from other points and the bank tided over the crisis.
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Oklahoma's Biggest Bank Fails. GUTHRIE, O. T., Nov. 21.-The Commercial bank, the largest in the territory, has failed. The assets and liabilities are unknown. The Guthrie bank belongs to a syndicate which practically controls the banks of Newton, Normal, Stillwater and Whitewater. The Newton bank failed yesterday. Today the Guthrie bank followed, and the Whitewater concern is now in the hands of a receiver. Nothing has been heard from the Normal or the Stillwater. The Guthrie bank's capital was $300,000, the Newton's $100,000, and the others about the same. It is believed that the assets are equal to the liabilities. New York Merchants in Good Condition. NEW YORK, Nov. 21.-The board of directors of the Fourth National bank today adopted a resolution setting forth the fact of the present financial stringency, and stating that during the present month the bank has had $285,000 of commercial paper fall due, all of which has been promptly paid at maturity, showing the merchants to be in a prosperous condition; that the stringency in the money market has almost stopped the purchase of commercial bills and deprived the mercantile community of its accustomed facilities, and authorizing the officers of the bank to buy freely first-class commercial paper, and take out, if necessary, a liberal amount of clearing-house certificates for that purpose.
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Bank Failure, GUTHRIE, O. T., Nov. 24.-The Commercial bank of this city made an assignment to the sheriff on Saturday. It was the largest bank in the territory and its failure has taken from many their all. The proprietors have all left town and the sheriff is in charge of the buildings. A large crowd is waiting around and orders of attachment are being tacked up on the door of the bank in large numbers. The failure was caused by the failure of the New National bank, which was largely interested in this bank. A run was started on the other banks here, but as the banks have shown ample fands the run has been stopped.
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The Commercial bank of Guthrie Ok., has gone up. The officers made an assignment to the sheriff, and skipped the country. The building is plastered over with attachments. The failure of the Newton National bank was the cause of the collapse. A run was made on the other banks, but they have been able to stand the pressure.
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NUBS OF NEWS. J. C. Waldron, a New York broker, has failed. August Belmont died at New York Monday. The English parliament assembled Tuesday. Henry Villard sailed for America, Thursday. Red Cloud says he has not even seen the dances. The run on the Howard saving bank is less vigorous. President Adams of the Union Pacific says he will resign. The officers at Pine Ridge regard the situation as critical. Jay Gould says he has not gained control of the Atchison. The run on the Citizens saving bank, of New York continues. Soldiers at Pine Ridge have little food, but much ammunition. Mrs. Birchall and Mrs. Wast Jones are on their way to England. The run on the Citizens Bank, New York, is over, after six days. The story of Indian troubles on the Neshena agency is a canard. Richard Hallen & Co., New York bankers, have failed for a million. Eva Hamilton has been pardoned for shooting her husband in New Jersey. R. F. Tobin, senior vice-commander of the G. A. R., died at Boston, Saturday. Edward Brandon's failure has been announced on New York stock exchange. A special session of the New Hampshire legislature will be held December 2d. The New Orleans jury in the Hennessy assassination case, indicted sixteen Italians. It IS rumored that Father McGlynn will soon be reinstated in the church of Rome. The failure of Barker Bros. & Co. has been announced on the Philadelphia exchange. A boiler explosion at St. John, N. B., Tuesday, killed six and injured many others. Mrs. Maria Wolsely, of Raymond, Wis. was fatally injured by an enraged bull Friday. The Illinois glass works buned at Alton, Ills, Saturday., causing a loss of $1,000,000. Peter Miller, a Chicago millionare, was sent to jail for begging on the street last Monday. Six thousand Alabama coal miners will probably strike December 1st for an increase. The schooner Wm. Jones was wrecked near Manistee, Friday night. The crew was saved. Twenty-sixth Ward bank, Brooklyn was robbed of $5.000 by sneak thieves, Thursday. Washington will suffer heavily on account of the lack of transportation for their wheat. Wm. Clark of Milwaukee was knocked down by two men in that city Tuesday and robbed of $19,000. The regular quarterly dividend of one per cent has been declared on Northern Pacific preferred stock. Many deposito rs are returning money to the Howard bank at Newark, N. J. and the run has abated. Thomas Fawcett & Sons, a Pittsburg coal firm, has failed, with liabilities $400,000; assets $600,000. Benjamin Penhallow Shillaber, familiarly known in literary world as "Mrs. Partington," died Tuesday. The Irish home rulers have unanimously requested Parnell to return to the leadership of the party. A Northwestern freight train with $60,000 worth of freight, went through a bridge near Baraboo, Monday. Acting Indian commissioner Belt notified all the agents to keep him fully posted on the state of affairs. The run on the Howard savings bank of Newark, N. J., continues, but the officials say they have plenty of money. The Commercial bank, of Guthrie, Okla., was assigned to the sheriff and the proprietors left the town Friday. At Clinton, near Beaver Falls, Pa., eight persons have been poisoned. The particulars have not yet been received. Two oil tanks exploded at Danburg,
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BUSINESS. DEED OF TRUST FILED AT WACO. Special to the Gazette. WACO, TEX., Chambers Brothers, retail grocers, filed a deed of trust tonight on real estate and entire stock of groceries. Preferred creditors are named to the amount of $12,387. E.B. Wilcox is the trustee. A RECEIVER APPOINTED. Erecisito the Gazette. GUTHRIE, 0 T., Dec. 13.-Harry P. Clark was made receiver of the Commercial bank here to-day. He is a politician and late city treasurer. His bond will be $10,000.
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WANT THEIR MONEY. CHICAGO, Dec. 22.-Suits were begun today by a number of other depositors in S. A. Kean's bank, who want the amount of their deposits returned to them, on the ground that the bank was insolvent when the deposits were mad. GUTHRIE. Ok., Dec. 22.-Chief Justice Green decided this morning that the assignment of the Commercial bank is void, and will appoint a receiver this afternoon.
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TERRITORIAL NEWS. The Closing Days of the LgeislatureNotes of the Proceedings. Special Dispatch to the Daily Eagle. GUTHRIE, Ok., Dec. 23.-All is hurlyburly. Bills now cannot receive much consideration. The sifting committee sifts and mighty few come through the seive. This is as it should be. The fellow with a scheme is present. He is watching his chance. If he does not succeed in pushing it, it will be a change from legislatures in general. Autograph albums fly around. Books, papers, bills, etc., are being packed, preparatory to leaving. The governor is up to his eyes in work, with "No Admittance" on the door. Secretary Martin breathes a sigh of relief. Saloon keepers, restaurants and hotels regret the departure of the solons. The fellow that did not get his bill through thinks the legislators fools. The other fellow says it was pretty fair after all. So it goes-about like other legislatures after all. Many pleasant acquaintances have been made. Mr. E. D. Nix was appointed as receiver of the Commercial bank, and Mr. S. M. Decker, as master in chancery, by Judge Green this morning at 10 o'clock.
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# Started a Bank Without Capital. GUTHRIE, Oklahoma, June 4.-The receiver of the Commercial bank, which failed some months ago, has handed in his report to the court. It shows that the bank from its inception was run with a view to take in all it could in deposit and then fail. The defunct bank started in without a dollar and there is no record that the organizers of the institution or anybody else ever put in a dollar, expect the depositors.
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BANKING IN OKLAHOMA. All the Capital Required Furnished by the Depositors. GUTHRIE, O. T., June 4.-The receiver of the Commercial bank, which failed some months ago, has handed in his report to the court. It shows that the bank from itsinception was run with the view to take in all it could in deposits, and then fail. The defunct bank started in without a dollar, and there is no record that the organizers of the institution or anybody else ever put in a dollar except the depositors.
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TELEGR APHIC. LONDON. June 5.--The fifth day the trial of the famous bacarrat scan la suit has began. Mrs. Arthur Wils 11 mother of Arthur Stanley Wilson, wa galled to the stand. Mrs. Wilson told of incidents con nected with the plaintiff's play, and OI cross examination admitted that the Princ. of Wales asked her to say noth effect on Bat She further testified that a fresh bac carat table was provided at the reques of the prince, and before he knew O of Sir William's cheating she stated that her husband objected to baccarat playing, as the game might become high among bot headed boys. (Laughter. She caid nothing to the prince about the objection, however, because she thought no barm could result from few quiet games. She admitted the highest amount she saw staked was £10 which was glayed by her busband. Lord Coventry was next witness acc pushed his testimony by producing 1:08 uoos SEAL 11 "2009 understand that the account in the book agreed 11 all the main particulars with evidence already presented upon behalf of de fendants. The memorandum closed D.I 01 peonput 82M I.. ESPJOM 1he quint commend this course in order to avoid scandal and in order to keep the Prince of Wales out of it. I considered I hac done my duty to society BO far as it per mits by insisting that the accused sball never play cards abain." This couclud US pus our 201 6800 one pe Charles Russel on behalf of defense ad dressed the jury. At the corclusion of the address court adjourned to monday Txeo LONDON, June 5.-The bill providing for the issue of an order in the council probibiting the taking of seals 11 Behring sea by the British subjects bassed the house of commons notwithdomsoddo erros Supans ST. JOSEPH, Mo.,June 5.-Chas. Gray ⑉4 ano mein pus ejim lis 1048 brains last night; the cause was hi. wire's inconstancy. 19 eunr 'янол dioceses out of fifty-two have voted already for the consecration of Phillip Brooks as bishop of the Protestant Jo Represed WASHINGTON, June 5.-Acting Secretarv Spaulding has telegraphed instruc revenue eq1 JO our 01 suor steamer Corvin, at San Francisco, to prepare that vessel for a trip to Behring 00138 the 01 ui 81 Stude "BO ment by all countries interested for is closed season in the seal tisheries. SAN FRANCISCO, June 5 -The German Heet of three corvettes under Admira Valois arrived from Yokohama this morning, and will coal before proceedWaters Chilian 01 Buy PITTSBURG, June 5.-The dwelling of Samuel Myers, a prominent farmer eving near Myersdale, Pa, was burned ate last night and two children aged nine and twelve years were burned to teath. Nine other occupants had a escape MOJJR IQUIQUE, June 4.--The U. S. steamer Charieston arrived at noon today. PANAMA, June 4.-The Esmeralda has arrived here. GUTHRIE, I.T., June 4.-The receiver of the Commercial bank, which failed a -47 01 report his u! bacade 'ONE quota court today It shows that the defunct bank started in business without dollars and there is no record of the organiza 10A0 este JO institution 10 the put in a dollar. except the depositors. SALINAS, CAL, June 4,-A shooting scrape eccurred on Main street here his afternoon. The principals were Eugene Kidd and Lon Davis, well known parties here. The affray grew from an old score. The shots were tired, neither of which took effect owing to the close quarters. They clinched and Davis was badly cut on the head by blows from therevolver which was not thought to be fatal. Both parties were at once arrestpe SAN ANTONIO, Texas, June 5.-Near Dilley station yesterday W. C. Bowen, an editor was killed'by Alfred Allen. and the JO brother 8 Bower "I M was seriously wounded by friends of Allen. Bowen has been writing up Allen severely in his paper. LONDON, June 5.-The bill providing for the issuing of an order on the council for close of the season in Bering sea seal fisheries passed the third reading in Supor supmmoo 10 esnoy the NEW YORK, June 5.-The Japanese murderer Judgiro was sentenced today, and will be executed in the week be ginning July Gth, the same week fixed for the execution of the other three murflerers. CHICAGO, June 5.-Mrs. Hanchette of Los Augeles. telegraphed Lieut. Kipley, of the central station this morning that she would pay a reward of $300 for the location of her husband alive. The Bienatch wasimmedia ely sent to Sheriff Cooley. at Flanders. who believes he has located the missing man, relling organs. Mrs. Hanchette says her hus band is a skillful organist and the fact that his brother C. D. Hanchette of Hancock, Michigan,once sold Kimball significant appearance to the theory
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Case Being Tried Beforea Referee in Distriet Court. In district court yesterday the case of the creditors of the defunct Commercial bank vs. E D. Nix came up for hearing before Referee Geo. Green The suit is brought by the creditors who object to the approval of Mr. Nix's report. which is given below, by Judge Dale. Attorneys Speed, Hus ton, Baker and DuBois represent the creditors and Wisby and Horner the receiver. Mr. Nix testified that up to date he had collected assets amounting to $63, 000 and expended $61,000 and had on hand $2,300. Much testimony was taken regarding the Hay, Hall and United States National banks debts and the attorney's fees paid. The report of Mr. Nix is clear and comprehensive and most all that there is in the case was developed yesterday. The bottom of the whole matter ap. pears to be in the desire of one newspaper and a number of political back. biters for Mr. Nix's business destruction. The report of Receiver Nix is given below: GUTHRIE, O. T., Oct. 17, 1895.-Hon Frank Dale, judge, Guthrie, O. T. dear sir:-I transmit herewith for you consideration and approval a full state ment of the affairs of the Commercial bank since I took charge of this estate December 29, 1891, to the present time On taking charge of the said estate as receiver in 1891 I found a large por tion of the notes hypothecated and the lots owned by this estate with one of more contests upon them. I have dis charged an indebtedness of $10,00 held by the American National bank together with a claim of $1,733.65 o the Merchants National, and $66 16 o the Interstate National bank. These last two banks having garnisheed the collateral in the hands of the Ameri can National bank. therefore this in debtedness had to be discharged before I could get possession of the collatera held by the American National bank On the 16th inst. I finished paying in full the above indebtedness, which amounts have been paid out of collec tions of collateral held by them. I this settlement I received from then $1,220. the total amount of collatera left after discharging their indebted ness. I further found several thousand dollars worth of collateral in the hand of the United States National bank o New York city, and I have paid then on their account against the Commer cial bank to date, $3,523.12. Suits fo balance due them now pending in th district trict. court of the First judicial dia Besides discharging the foregoin indebtedness, I have paid all the at taching creditors, with the exception of about $17,000, and feel confiden that there are sufficient assets on han to discharge the balance due the al taching creditors. September, 1893, I was ordered b Judge Green to pay Cunningham an Wind