Multiple contemporaneous articles (Aug 19–22, 1903) report the Citizens' National (and Savings) Bank of Beaumont was closed/suspended by National Bank Examiner J. M. Logan and the Comptroller; examiner Logan (then a receiver) or later Christopher L. Williams was appointed receiver. Cause repeatedly given as large, excessive loans to the bank's president R. (Rod/Red) Oliver and enterprises in which he was interested, with estimated losses ~$229,000 and doubtful items ~$49,000. No article describes a depositor run prior to suspension; other banks closed afterward by direction of Oliver, but the Beaumont bank was taken into receivership and did not resume normal operations. OCR variations in the name (Citizen's, Citizens' National & Savings) were corrected to Citizens National Bank.
Events (4)
1.May 31, 1901Chartered
Source
historical_nic
2.August 19, 1903Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closed after examination showing large losses and heavy doubtful items caused by large/excessive loans to president R. Oliver and enterprises in which he was interested (estimated losses ~$229,000; doubtful items ~$49,000).
Newspaper Excerpt
The Citizens' National and Savings bank was this afternoon closed by Bank Examiner Logan
Source
newspapers
3.August 20, 1903Receivership
Source
historical_nic
4.August 20, 1903Receivership
Newspaper Excerpt
Examiner Logan has been appointed receiver. The failure of this bank is due to the large loans made to the president, R. Oliver, and enterprises in which he is interested.
Source
newspapers
Newspaper Articles (24)
1.August 20, 1903The Birmingham Age-HeraldBirmingham, AL
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EAUMONT, TEX., August 19.-The Citizen's National and Savings B bank was this afternoon closed by Bank Examiner Logan, who has been here for several days looking over the affairs of the institution. Examiner Logan positively refused to say anything concerning the status of the bank's affairs beyond saying that he had prepared a statement for the comptroller of the currency. It is rumored on the street that the bank has a large sum in paper which is alleged to be practically worthless. It is also stated that there are $200,000 in over drafts. The bank was opened for business May 31, 1901. The capital stock was $100,000 and the deposits have ranged in the neighborhood of $500,000 until recently. The other banks in the city were provided for any emergency that may arise tomorrow when the fact of the suspension
2.August 20, 1903The Salt Lake HeraldSalt Lake City, UT
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TEXAS BANK GOES UP Citizens' National of Beaumont Closed by Bank Examiner Logan. Beaumont, Tex., Aug. 19.-The Citizens' National & Savings bank was closed this afternoon by Bank Examiner Logan, who has been here for several days looking over the affairs of the institution. Examiner Logan positively refused to say anything concerning the status of the bank's affairs, except that he had prepared a statement for the comptroller of the currency. It is rumored on the street that the bank has a large sum in paper which is alleged to be practically worthless. It is also stated that there is $200,000 in overdratts. The bank was opened for business May 31, 1901. The capital stock was $100,000. and the deposits have ranged in the neighborhood of $500,000 until recently. The other banks in the city were prepared for the collapse. Their officers state that they have provided for any emergency that may arise tomorrow when the fact of the suspension becomes generally known. They say no other bank will be affected by the failure. The failed bank is officered by well known men, the published list of directors including ex-Governor J. S. Hogg, R. Oliver, J. S. Cullinan, at the head of a big Texas oil company; R E. Brooks and E. J. Marshall. Rod Oliver, who is president of the bank, is connected with a number of banks throughout the state. He denied himself to all save intimate friends tonight. Governor Hogg tonight said he was not a director; he had been elected. but had not accepted the place. He gave his own losses as "several thousand dollars."
3.August 20, 1903The Washington TimesWashington, DC
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TEXAS BANK LOANED MONEY TO PRESIDENT Results in Losses, and Comptroller of Currency Takes Charge. The Comptroller of the Currency announced today that the Citizens' National Bank, of Beaumont, Texas, was closed yesterday after examination by National Bank Examiner J. M. Logan, and a committee of the Clearing House Association, which showed estimated losses amounting to $229,000, and doubtful items of $49,000. Examiner Logan has been appointed receiver. The failure of this bank is due to the large loans made to the president, R. Oliver, and enterprises in which he is interested.
4.August 21, 1903The Madison Daily LeaderMadison, SD
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BEAUMONT BANK FAILURE. Suspension Due to Loans Made to the President. Washington, Aug. 21.-The Citizens National bank of Beaumont, Tex. which was closed Wednesday by Na. tional Bank Examiner Logan, shows estimated losses amounting to $229,000 and doubtful items $49,000. Examiner Logan has been appointed receiver. The failure of this bank, it is stated, is due to the large loans to the president, R. Oliver, and enterprises in which he was interested.
5.August 21, 1903Daily Kennebec JournalAugusta, ME
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BEAUMONT'S BANK FAILURE. Due to Loans to President-Other Banks Doing Business. Washington, Aug. 20.-The Citizens National Bank of Beaumont, Texas, which was closed, yesterday. shows estimated losses amounting to $229,000 and doubtful items $49,000. Examiner J. H. Logan has been appointed receiver. The failure of this bank. it is stated, is due to the large loans made to President Oliver and enterprises in which he is interested.
6.August 21, 1903The News & ObserverRaleigh, NC
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LOGAN IS MADE RECEIVER. Failure of the Beaumont Bank Due to Large Loans Made its President (By the Associated Press.) Washington, Aug. 20.-The Citizens National Bank, of Beaumont, Texas, was closed yesterday after examination by National Bank Examiner J. M. Logan and a committee of the clearing house association which showed estimated losses amounting to $22,900 and doubtful items $49,000. Examiner Logan has been appointed receiver. The failure of this bank it is said, is due to the large loans made to the president, R. Oliver, and enterprises in which he is interested. The condition of the bank on June 9, 1903, as shown by the report to the Comp. troller of the Currency on that date shows loans and discounts $385,811; surplus fund and undivided profits $36,341. Individual deposits $432,704. Beaumont, Tex., Aug. 20.-All the banks except the Citizens opened for business as usual today. There was no run on them and it is not believed that any other institution will be affected. Local merchants as a rule had no accounts with the Citizens'. The capital of the bank is absorbed by the failure and about $180,000 in addition is involved, part of which represents the savings of poor people.
7.August 21, 1903Bryan Morning EagleBryan, TX
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THE BANK FAILURE. Report From Washington On Condition of the Beaumont Bank. Beaumont, Tex., Aug. 20.-AH banks except the Citizens' opened for business as usual. There was no run on the banks and it is not believed that any other institution will be affected. Local merchants, as a rule, have no accounts with the Citizens. The capital of the bank was absorbed by the failure. and about $180,000 in addition is involved. part of which represents the savings of poor people. Washington. Aug. 20-The Citizens' National bank of Beaumont, Tex., was closed Wednesday, after examination by National Bank Examiner J. M. Los gan and a committee of the Clearing House association. which showed entlmated losses amounting to $229,000 and doubtful items of $49,000. Examiner P Logan has been appointed receiver. 11 The failure of this bank is stated to be due to large loans made to President R. Oliver and enterprises in " which he was interested. The resources and liabilities of the bank on June 9, 1903, us shown by the report of condition made by the comptroller of the currency on that date, were as follows: Resources Loans and disc ounts, $385,811: United States bonds to secure circulation. $25,000; stocks securities, claims, etc., $12,740; real estate owned. $15,594: due from bank and bankers. $1440,830: cash and cash items, $19,780: total $600,767. Liabilities-Capital stock, $100,000: surplus fund and undivided profits. 1S $36,341: circulation $25,000: due to bank and bankers, $5711: individual deposits. $342,704: total. $599,751.
8.August 21, 1903The Salt Lake HeraldSalt Lake City, UT
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MORE BANKS CLOSED. Failure at Beaumont Involved Other Institutions. Beaumont, Tex., Aug. 20.-President Oliver of the Citizens' National bank, which closed its doors yesterday, today wired the banks at Frost, Groesbeck, Barron and Hubbard City, in which he is interested, not to open their doors, and all of them today suspended payment for the time being. They are involved in so far as Oliver is concerned, but are not known to be otherwise in trouble. They are all reported among the banks having overdrafts with the Citizens' bank. Mr. Oliver declines to say why he ordered his banks closed. The failure of the Citizens' National has not affected the business houses of Beaumont, and the other banking institutions were not called upon today to do other than the usual amount of business. Bank Examiner Logan still refuses to make any statement about the condition of the bank.
9.August 21, 1903The Times DispatchRichmond, VA
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BANK PRESIDENT BORROWED MONEY Citizens' National of Beaumont Closed and a Recelver Named. (By Associated Press.) WASHINGTON, D. C., August 20.-The Citizens' National Bank of Beaumont, Texas, was closed yesterday after examination by National Bank Examiner J. M. Logan, and a committee of the Clearing House Association, which showed estimated losses amounting to $229,000, and doubtful Items, $49,000. Examiner Logan has been appointed receiver. The failure of this bank. it is said, is due to the large loans made to the president, R. Oliver, and enterprises In which he is interested. The condition of the bank on June 9, 1903, as shown by the report to the Comptroller of the Currency on that date, shows loans and discounts, $385,811; surplus fund and undivided profits, $36,341; individual deposits, $432,704. BEAUMONT, TEXAS, August 20.-All the banks except the Citizens' opened for business as usual to-day. There was no run on them, and it is not beleived that any other institution will be affected. Local merchants, as a rule, had no accounts with the Citizens' The capital of the bank is absorbed by the failure and about $180,000 in addition is involved, part of which represents the savings of poor people.
10.August 22, 1903Morris TribuneMorris, MN
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BEAUMONT BANK FAILURE, Suspension Due to Loans Made to the President. Washington, Aug. 21.-The Citizens' National bank of Beaumont, Tex., which was closed Wednesday by National Bank Examiner Logan, shows estimated losses amounting to $229,000 and doubtful items $49,000. Examiner Logan has been appointed receiver. The failure of this bank, it is stated, is due to the large loans to the president, R. Oliver, and enterprises in which he was interested.
11.August 22, 1903Alexandria GazetteAlexandria, VA
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The majority, however, have only the 39 cents. FROM WASHINGTON. [Correspondence of the Alexandria Gazette.] Washington, D. C., August 22. Further confirmation of the fact that the Colombian Congress objected rather to the form than to the substance of the Panama canal treaty, and that it is still endeavoring to perfect an arrangement that will be acceptable to the United States while at the same time preserving the rights and dignity of Colombia, is conveyed in a dispatch from Foreign Minister Rico received by Mr. Herran today. It is dated Aug. 16th and is couched in most cordial terms. It says that the Colombian government is very anxious to bring about a satisfactory arrangement for the completion of the canal by the United States and is doing all it can to that end. It is learned that there were three reasons assigned by the Colombian government for that disapproval: (1) that Colombian sovereignty over the canal zone was impaired; (2) that there was no previous understanding on thepart of the Panama Canal Company with the Colombian government as to the sale of its property, and (3) that the injudicious action of the American Minister, Mr. Beaupre, in presenting dispatches asserting that no amendments of any kind would be accepted by the United States, contributed to the result. The local bookbinders' union, through President Robert D. Barrett and Secretary James A. Stockman, today issued a lengthly statement treating in detail with the case of W. A. Miller, the assistant foreman in the government printing office, who was expelled from the union, dismissed from the service on that account by Public Printer Palmer, and reinstated by order of President Roosevelt. Miller's personal character is bitterly attacked. The charge is made that he was twice before dismissed from the government service, once for deceiving the Public Printer by the claim that he had served his apprenticeship the second time for making one of the young women in the service believe that he was a single man. They further charge that Miller was first married in 1871 and that he married a second time before he had been divorced from his first wife. Cruel treatment of his first wife is also alleged. A large part of the statement is devoted to a discussion of Miller's conduct in office. He is denounced as incompetent and the assertion is made that he resorted to many mis-statements in placing reports on the work in his office to members of Congress and others. In a general way the statement reiterates the various charges previously made public by the union. The Comptroller of the Currency announced today that the Groesbeeck National Bank of Groesbeeck, Texas, was closed by the cashier on the 20th instant by direction of the president of the bank, as a result of the failure of the Citizens' National Bank of Beaumont, Texas. National Bank Examiner J. W. Hertford, has been appointed receiver. The failure of this bank is due to the same causes which led to the closing of the Citizens' NationalBank-large excessive loans to R. Oliver, who was president of both associations, and to enterprises in which he was interested. It is said that President Roosevelt will soon appoint a commissioner to investigate the scandals in connection with the sale of Indian lands. It is reported here that no agreement on a financial measure acceptable to the republican leaders of both houses of Congress has been reached, and as a result the President has entirely abandoned his intention of urging any specific financial legislation on Congress, as he would have done in his message when the special session assembles, had such an agreement been reached.
12.August 22, 1903The Washington TimesWashington, DC
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ANOTHER TEXAS BANK CLOSES ITS DOORS Result of Failure of Citizens' National, of Beaumont. The Comptroller of the Currency announced today that the Groesbeck National Bank, of Groesbeck, Texas, was closed by the cashier on the 20th instant, by direction of the president of the bank, as a result of the failure of the Citizens' National Bank, of Beaumont, Texas. National Bank Eminer J. W. Hertford has been appointed receiver. The failure of this bank is due to the same causes which led to the closing of the Citizens' National Bank-large excessive loans to R. Oliver, who was president of both associations, and to enterprises in which he was interested.
13.August 23, 1903The Indianapolis JournalIndianapolis, IN
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ANOTHER TEXAS BANK. Groesbeck National Involved with the Beaumont Citizens' National. WASHINGTON, Aug. 22.-The controller of the currency to-day received a telegram stating that the Groesbeck National Bank, of Groesbeck, Tex., was closed by the cashier on the 20th inst., by direction of the president of the bank, as the result of the failure of the Citizens' National Bank of Beaumont. National Bank Examiner J. W. Hortford has been appointed receiver. The failure of this bank is said to be due to the same causes which led to the closing of the Citizens' National Bank-excessive loans to R. Oliver, who was president of both associations, and to enterprises in which he was interested. The resources and liabilities of the bank, as shown by the last report of condition to the controller of the currency June 9, 1903, were as follows: Resource-Loans and discounts, $173,321; United States bonds to secure circulation, $12,500; real estate, $6,300; due from banks and bankers, $37,102; cash and cash items, $4,678; total, $233,902. Liabilities-Capital stock, $50,000; surplus fund and undivided profits, $21,429; circulation, $12,500; due to banks and bankers, $3,351; individual deposits, $84,376; notes and bills rediscounted and bills payable, $62,245; total, $233,902.
14.August 23, 1903New-York TribuneNew York, NY
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A TEXAS BANK CLOSED. Washington, Aug. 22.-The Controller of the Currency to-day received a telegram stating that the Groesbeck National Bank of Groesbeck, Tex., was closed by the cashier on August 20, by direction of the president of the bank, as a result of the failure of the Citizens' National Bank of Beaumont, Tex. J. W. Hertford, National Bank Examiner, has been appointed receiver. The failure of this bank is said to be due to the same causes which led to the closing of the Citizens' National Bank-large excessive loans to R. 01iver, who was president of both associations. and to enterprises in which he was interested. The resources and liabilities of the bank, as shown by the last report of condition to the Controller of the Currency, June 18, 1903, were:
15.August 24, 1903The Atlanta ConstitutionAtlanta, GA
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Closed by the Comptroller. Washington, August 22.-The comptroller of the currency today received a telegram stating that the Groesbeck national bank, of Groesbeck. Tex., was closed by the cashier on the 20th instant by direction of the president of the bank as a result of the failure of the Citizens' national bank. of Beaumont. Tex. National Bank Examiner J. W. Hertford has been appointed receiver. The failure of this bank is said to be due to the same causes which led to the closing of the Citizens' national bank-large excessive loans to Rod Oliver. who was president of both associations. and to enterprises in which he was interested. The resources and liabilities of the bank as shown by the last report of condition to the comptroller of the currency, June 9, 1903, were as follows: Resources: Loans and discounts $173.321; United States bonds to secure circulation $12,500; real estate $6,300; due from banks and bankers $37,102: cash and cash items $4.678; total $233,902. Liabilities: Capital stock $50,000; surplus fund and undivided profits $21,429: circulation $12,500: due to banks and bankers $3,351: individual deposits $84,376; notes and bills rediscounted and bills payable $62,245; total $233,902.
16.August 25, 1903The Newberry Herald and NewsNewberry, SC
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GENERAL NEWS NOTES. Items of More or Less Interest Condensed Outside the State. A granite monument marking the site of the birth-place of President Chester A. Arthur was dedicated at Fairfield, Vt, last week. One man was killed and another fatally injured in 8 trolley car acci dent at Braddock, Pa, Thursday. The car ran away on 8 steep grade. It is reported that Germany's finances are bad and that Baron Thielman retired from the treasury department because of his inability to manage the situation. John Ellster, father of Effie Ellsler, the actress, and the associate of Joe Jefferson, and himself 8 veteran actor, died in New York on Friday at the age of eighty two. Dick Childs, 8 young white painter of Columbus, Ga., committed suicide last week by swallowing landanum. He had attempted suicide at least a dozen times before. The Mobile vessol John R. Stanhope was lost in the great West In dian burricane but the crow were picked up by 8 passing vessel and brought safely into port. Eleven prominent white planters of Poynsett county, Ark., have been arrested on 8 charge of white-capping The negroes employed at 8 HBW mill in the county were recently forced to leave under threats of violence. United States Senator M. S. Quay in an interview given out last week while the Senator was in Pittsburg says that in his opinion his State, Pennsylvania, will support President t Roosevelt at the national convention next year. 8 The Citizens' National Bank of Beaumont, Tox, has gone into the t hands of 8 receiver on account of g 108808 amounting to about $250,000, I caused by loans to its president, R. ; Oliver, and enterprises in which he is interested. e The Salem Woolen mills and 1 Salem Pants factory, at Roanoke, y Va., were destroyed by fire Friday k night. The loan was about $100, 000. The fire started from 11 lanr tern of the night watchman coming in contact with some combustible matter. ; A negro was lynched at Halifax N. C., on Thursday night for 88 e saulting ond then brutally murder e ing an 13 year-old white girl. After murdering the girl the negro tied up the body in 8 sack and placed in the stables of Capt. Griflith, he d grand-father. The negro confessed b. The G. A. R. encampment at Bar J t Francisco adjourned on Friday. of C. Black was chosen commander in r chief, and the pensioning of veteran f. of 62 years of age was favored in resolution. Greetings were ex In changed bet ween Commander Black e of the G. A. R., and Commander J B. Gordon, of the Confederat y Veterans. e , The colonial office at London ha received details of the destruction o the town of Burmi, in Norther Nigeria, Africa, by 11 British force thirty whites and five hondre at natives. The enemy's loss W88 70 le 1 nkilled, and the British loss was killed and 62 wounded. nst ts Miss Emma Strickland, 8 beaut ful er 18 year old girl living net Lithia Springs, Ga, W88 criminal all assaulted by 8 negro man on Frida An angry mob pursued and CA tured the negro, and 11 lynching W only prevented by the father of tl young lady pleading that the law allowed to take its course. President Roosevelt has writte to nthe heads of the various depar ments of the government sayin that it will be his policy to recogniz th Th ve no union among the employes.
17.August 26, 1903Watertown RepublicanWatertown, WI
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The Wabash (Ind.) Bridge and Iron company has assigned with liabilities estimated at $200,000.
The Citizens' National and Savings bank of Beaumont, Tex., has been closed by the examiner.
Henry G. Weil, leader of Wall street bears, has sold his seat on the New York exchange to A. M. Burden for $60,000.
The fence about the Fort Belknap Indian reservation in Montana, which is 40 miles long and 60 miles wide, has been finished after years of work.
Dan Patch broke the world's record for pacers by pacing a mile in 1:59 at Brighton Beach, N. Y.
The Mason & Hamlin company, of Boston, one of the oldest piano and organ houses in the country, has assigned, with liabilities estimated at $1,000,000.
The grand jury in Washington resumed its inquiry into the affairs of the post office department.
Sixteen more bodies of victims of the recent mine explosion at Hanna, Wyo., have been recovered.
At the fourth annual convention in Nashville, Tenn., of the National Negro Business Men's league, Booker T. Washington was reelected president.
At Oyster Bay, N. Y., questions of national concern were discussed by the president with several callers.
On complaint of Insurance Commissioner Folk, of Tennessee, the post office department has begun investigation of use of the mails by so-called wild cat companies.
Gen. John C. Black, of Illinois, was elected commander in chief by the G. A. R. encampment at San Francisco. Boston was chosen for the encampment in 1904.
The post office at Clinton, Wis., was entered by burglars and robbed of $300 in cash and $1,000 in stamps.
The first race for the America cup failed because of light wind, with Reliance 16 minutes ahead of Shamrock III. at the turn.
Miami and Fulton counties in Indiana were visited by remarkable hailstorms and thousands of acres of growing corn were completely ruined.
"Lucky" Baldwin has ben elected mayor of Arcadia, Cal.
President Oliver, of the failed Citizens' national bank of Beaumont, Tex., closed four other banks in which he was interested.
The annual reunion of the Army of the Philippines will be held in St. Paul for four days, beginning August 31.
A granite monument marking the site of the birthplace of the late President Chester A. Arthur was dedicated at Fairfield, Vt.
A negro who assaulted and murdered Mary Jenkins, aged 13, at Halifax, N. S., was hanged by a mob.
Because his wife threatened to leave him Robert Snowball shot her at Johnstown, Pa., and then killed himself.
The battleship Missouri was successfully launched at Baltimore, Md.
James Budd and Eugene Moss, both aged 16 years, were burned to death in an electric light tower at Saginaw, Mich., by touching a live wire.
President Roosevelt declares that no discrimination will be practiced by the government against nonunion workmen and that the right to form unions is optional with employes.
State Senator William P. Sullivan, of Missouri, was convicted at Jefferson City of soliciting bribe for votes and fined $100.
18.August 27, 1903The TomahawkWhite Earth, MN
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LATER. Ten thousand members of the G.A.R. paraded at the San Francisco encampment. In the evening camp fires were held. The Citizens' National and Savings bank of Beaumont, Tex., has been closed by the examiner. A national convention of farmers will be held in Chicago on September 8 to form a combination to maintain prices and regulate distribution. Henry. G. Weil, leader of Wall street bears, has sold his seat on the New York exchange to A. M. Burden for $60,000. It is believed that the Colombian congress will so legislate with reference to the canal as to make possible the ratification at an early date of a new treaty. The Wabash (Ind.) Bridge and Iron company has assigned with liabilities estimated at $200,000. The collections of internal revenue for the month of July last were $22,168,480, a decrease compared with July, 1902, of $111,291. Dan Patch broke the world's record for pacers by pacing a mile in 1:59 at Brighton Beach, N. Y. The fence about the Fort Belknap Indian reservation in Montana, which is 40 miles long and 60 miles wide, has been finished after years of work. The grand jury in Washington resumed its inquiry into the affairs of the post office department. The Mason & Hamlin company, of Boston, one of the oldest piano and organ houses in the country, has assigned, with liabilities estimated at $1,000,000. Sixteen more bodies of victims of the recent mine explosion at Hanna, Wyo., have been recovered. At Oyster Bay, N. Y., questions of national concern were discussed by the president with several callers. William Koenig and Mrs. Anna Koenig were married at David City, being the first known instance in Nebraska of a man marrying his stepmother. Pope Leo's fisherman's ring, supposed to have been stolen, was found on his writing table. At the fourth annual convention in Nashville, Tenn., of the National Negro Business Men's league, Booker T. Washington was reelected president. The leading European powers are negotiating with a view to a joint naval demonstration against Turkey. Henry Melville, a Waukegan (III.) farmer. and Margaret Brown, of Louisville, Ky., both 70 years old, were remarried in the latter city after divorce 44 years ago.
19.August 30, 1903The Montgomery AdvertiserMontgomery, AL
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Oliver Makes Assignment. Beaumont, Aug. 29.-Rod Oliver, President of the recently suspended Citizens' National Bank, made today a general assignment to R. E. Prince of Corsicana, for the benefit of his creditors. No statement was filed. A general belief esists that Mr. Oliver has an estate of $00,000. He is President of four other banks, all of which have been closed since the fallure here.
20.August 30, 1903The Indianapolis JournalIndianapolis, IN
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Failure of Red Oliver. BEAUMONT. Tex., Aug. 29.-Red Oliver, president of the recently suspended Citizens' National Bank, made to-day a general assignment to R. E. Prince, of Corsicana, for the benefit of his creditors. No statement was filed. A general belief exists that Mr. Oliver has an estate of $500,000. He is president of four other banks, all of which have closed since the failure here.
21.August 31, 1903The St. Louis RepublicSaint Louis, MO
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GENERAL DOMESTIC. The price of Kansas coal will be advanced 45 cents a ton, beginning to-morrow. Secretary Root advises slow procedure and much care in enacting financial legis-, lation. The report of the Bureau of Commerce shows very prosperous trade conditions throughout the country. Michael Hooliban a Kansas City bartender, was found beaten 100 death in the saloon. The cash register had been rifled and Hooligan's pockets were turned out. A Folk club is organized by the Democrats in Shawnee Township, Henry County, Missouri. Count H. B. Lowenheilm. a Danish nobleman, fell from a running train and was slightly injured in the suburbs of Dallas. General W. L. Cabell of Dallas, Tex., gives the first authentic account of the origin of the Confederate battle flag. It was not designed by a Federal prisoner. as a story is going the rounds, but by Generals Beauregard and Johnson at Fairfax Courthouse. A gang of robbers, supposed to have been led by Harvey Logan, who escaped from the Knoxville Penitentiary a month ago, attempted to hold up a Great Northern train near Malta, Mont. It was for holding up a train near this point that he was in the Penitentiary. New York opens to-night what appears to be one of the most promising seasons in years. Musical comedy will predominate. An explosion In a powder plant near Ashburn, Mo., shattered the windows in a passing train and caused several women passengers to faint. The new Baptist Church at Mount Pisgah. Mo., was dedicated before an assemblage of 2,000 persons. A report of the Geological Survey shows the production of petroleum for 1902 to be greater by 11,000,000 barrels than for the previous year. Robbers entered the barns of the Chicago City Railway at an early hour yesterday and without a word fired on the clerks in the cashiers office, killing two and seriously injuring two others. The antrual reunion of the Society of the Army. of the Philippines will begin to-day in Bt. Paul, Minn. Friends of Sir Thomas Lipton are preparing to present to him a silver service for the Erin in token of the great esteem in which the owner of the Shamrock is held by yachtsmen in America. Rod Oliver, president of the recently suspended Citizens' National Bank at Beaumont, Tex., makes an assignment for the benefit of the creditors of the bank. He is the president of four other banks, all of which have closed since the failure of the Beaumont bank. À convention of dressmakers will open in New York to-day for the purpose of displaying costumes, getting styles and establishing & unity of ideas in making gowns.
22.September 3, 1903The Brandon NewsBrandon, MS
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Throughout the World Told in Pointed Paragraphs. WAVES FROM THE MAGIC WIRES Condensed and Served While Hot to Our Readers in Labor-Saving Slices.-Cream of Late Dispatches From the Four Quarters of the Globe. The British government has recognized the Zionist movement by offering a colony in East Africa. British yachtsmen have offered to meet the expense of a series of races between Reliance and Shamrock with crews exchanged. London opinion is that the Beirut epicode "opens up a new vista of alarming possibilities." The Mexican commission has recammended 1 to 32 as the maximum limit of coinage. Prince Ferdinand will not return to Sofia for fear of assassination. A company is forming in Chicago te erect buildings without union labor. The window glass business is demoralized by the strikes in the building trades. An unknown man was ground to pieces under a train near Gadsden, Ala. The fruit crop will be much smaller than usual this season. Caleb Powers has been convicted and sentenced to be hanged for the murder of Goebel. Sam Parks will conduct the New York strike from his cell at Sing Sing. Mr. Cleveland declared he had more interest in fishing then in the policies of the next administration. Swift & Co. have cornered lard for September delivery. A strike of miners in Missouri, Kansas and Indian Territory has been temporarily averted. David Dailey was killed at Maysville, Ky., by a negro in a trivial quarrel. Fire at Sour Lake, Tex., destroyed 150,000 barrels of oil. The American barkentine James H. Hamlen, from Jacksonville, Fla., to New York, went ashore on Diamond Shoals, near Cape Lookout, N. C., and is a total loss. Pittsburg has sent 5,000,000 bushels of coal south. Rod Oliver president of the recently suspended Citizens' National Bank, Beaumont, Tex., made a general assignment to R. E. Prince of Corsicana for the benefit of his creditors. The British Liberals, Radicals, Unionists and anti Chamberlainites are rejoicing over the government defeat in the Argyleshire election. The disclosures of the South African War Commission caused an outburst of indignation in England against the British war office. The European financial situation shows marked improvement. Henrik Ibsen, the Norwegian dramatist, who was reported to be near death, is in no immediate danger. A sergeant and six privates employed in the German Army magazine near Metz, have been arrested on the charge of selling to agents of a foreign power the secret of manufacturing a new bomb fuse. A dispatch from Moroceo says that alaige imperial force which was going to the relief of the troops, commanded by the sultan, has been surprised and almost annihilated by the insurgents. The charge of peonage against Marion Priostwood, a wealthy turpentine man, has been heard before United States Commissioner Turner at Tray, Ala.., with the result that the defendant, his son, who was the committing magistrate in the case, and Will Goodson, a tenant, who acted as constable, were bound over to await the action of the federal grand jury. The United Fruit Company will immediately replant the estates in Jamaica devastated by the recent hurricane, thus giving employment to thousands of people. The Socialist party in Germany is torn with dissensions, Emperor William, in a speech at the great banquet given at Cassel, attribnted his restless activity and zeal for Germany to the discipline of his tu-
23.September 25, 1903The Montgomery AdvertiserMontgomery, AL
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Williams Made Receiver. Washington, Sept. 24.-The Controller of the Currency has appointed Christopher L. Williams permanent receiver of the Citizens' National Bank of Beaumont, Tex., to succeed National Bank Examiner Logan. Mr. Williams has had considerable experience in the liquidation of insolvent national banks.
BREVITIES. General Miles thinks the nations of the world will be involved in the oriental complications. Former Congressman Silas Hare of Texas has wedded a Washington widow. The state department professes to believe that an amicable adjustment of Colombian relations will soon result. State Treasurer Robbins is ready to pay off a quarter of a million dollars of the deficiency. Former officials of the Citizens' National bank at Beaumont are buying up receivers' certificates. W.A. Holland, father of the well known Texas newspaper man, is dead at Eminence, Ky. Fargo Squiers, son of the United States minister to Cuba, accidentally and fatally shot himself at Havana. Otto Ahlman, president of the bank of Staten Island, N.Y., is dead. W. G. Parker & Bro. of Lufkin have assigned for the benefit of creditors.
