1.
July 30, 1903
The Topeka State Journal
Topeka, KS
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CLOSED THE BANK Comptroller of the Currency Swoops Down on It. Doylestown National in Hands of a Receiver. NOTICE ON THE DOOR Causes Great Excitement Among the Depositors. Held Institution a Large Amount of People's Money. Washington, July 30.-The Doylestown National bank of Doylestown, Pa., has been closed by the controller of the currency. Bank Examiner J. W. Schofield, has been appointed receiver. The statement issued by the controller of the currency says that the failure of the bank was brought about by speculations in stocks on the part of the officers and a number of the customers of the bank. Doylestown, Pa., July 30.-The following notice was posted on the door of the Doylestown National bank today: "This bank closed and in the hands 1 of the comptroller of the currency. (Signed) "T. P. KANE, "Deputy Comptroller of the Currency. "J. W. SCHOFIELD, "National Bank Examiner." The posting of the notice caused considerable excitement in the town as the deposits of the institution are large. The bank examiners have been working on the books for two days past, but no statement has been issued either by them or the officers of the bank. George P. Brock is cashier of the bank. The capital of the bank was $105,000 and the last report to the comptroller showed: Surplus and profits, $131,780; deposits over $1,000,000; loans and discounts and stock and securities, $1,051,360. The bank is one of the oldest in the state. The president of the bank is Henry Leer, a prominent lawyer and candidate for judge on the Republican ticket. "The losses," said Deputy Comptroller Kane today, "will absorb the entire surplus and capital stock of the bank. In other werds, the total loss will amount to $215,000, and it devolves upon the directors and stockholders to make up this deficiency." Francis L. Worthington, a director, said: "The president and cashier ran e things to suit themselves. I suppose I will lose all through mismanagement of $. the officers. No one suspected anything S wrong. I understand there was some e speculation-ConsoMdated Lake SuV perior, I believe, and in that stock most of the money may have been sunk." Ed P. Brock, cashier, declined to red ply to the accusations of Mr. Worthe ington, saying: "Our investments did not turn out as well as we expected."
2.
July 30, 1903
Evening Times-Republican
Marshalltown, IA
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OLD BANK FORCED TO CLOSE. National at Doylestown, Pa., In Hands of a Receiver. Washington, July 30.-The Doylestown National Bank of Doylestown, Pa., has been closed up by the comptroller of the currency. Bank examiner Schofield has been appointed receiver. Doylestown, Pa., July 30.-The - closing of the Doylestown National Bank today caused considerable excitement in the town as the deposits of the institution were large. Bank examiners have been working on the books for two days past, but no statement has been issued. A statement issued by the comptroller of the currency says the failure of the bank was brought about by speculations in stocks on the part of the officers and a number of the customers of the bank. The capital of the bank was $105,000 over and the last report to the comptroller showed surplus and profits of $132,000; deposits of over a million: loans and discounts, stock and securities, $1,050,000. The bank was one of the oldest in the state. Its president, Henry Leer, is a prominent lawyer and a candidate for judge on the republican ticket.
3.
July 30, 1903
Ottumwa Semi-Weekly Courier
Ottumwa, IA
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ONE OF THE OLDEST INSTITUTIONS IN PENNSYLVANIA IN RECEIVER'S HANDS, LOCATED AT DOYLESTON Was Thought to be Firm-Had Capital of $105,000 and Last Report Showed Good Condition-Failure Causes Much Excitement, Washington, July 30.-The Doylestown National bank of Doylestown, Pa., has been closed by the comptroller of the currency. Bank Examiner Schofield has been appointed receiver. Much Excitement. Doylestown, Pa., July 30.-The closing of the Doylestown National bank today caused much excitement in the town as the deposits in the institution were large. Bank examiners had been working on the books for two days, but no statement had been issued. Due to Speculation. The statement issued by the comptroller of the currency says the failure of the bank was brought about by speculations in stocks on the part of officers and a number of the customers of the bank. The Last Report. The capital of the bank was $105,000 and the last report of the comptroller showed surplus and profits of $132,000; deposits of over a million; loans, discounts and stock of over a million, and loans, discounts, stocks and securities of $1,050,000. An Old Institution. The bank was one of the oldest in the state. Its president, Henry Leer, is a prominent lawyer and is candidate for judge on the republican ticket.
4.
July 30, 1903
Waterbury Evening Democrat
Waterbury, CT
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ORDERED BANK CLOSED Doylestown Institution is in Hands of a Receiver Great Excitement in the Town As the Deposits Are Large-One of the Oldest Banks in Pennsylvania With a Capital of $105,000. Washington, July 30.-The DoylestownNational bank of Doylestown, Pa, has been closed by the controller of currency. Bank Examiner J. W. Schofield has been appointed receiver. Doylestown, Pa, July 30.-A formal notice was posted on the door of the Doylestown National bank to-day. stating that the bank was closed and in the hands of the comptroller of the currency. The posting of the notice caused considerable excitement in the town, as the deposits of the institution are large. The bank examiners have been working on the books for two days past but no statement has been issued either by them or the officers of the bank. George P. Brook is cashier of the bank. The capital of the bank was $105.000 and the last report to the comptroller showed: Surplus and profits. $131,780; deposits over $1,000,000; loans and discounts and stock and securities, $1,051, 360. The bank is one of the oldest in the state. Its Philadelphia correspondents are the Philadelphia National and the First National. The former has been its agent for 50 years and the latter for 30 years. Bank Examiner Schofield telegraphed the Philadelphia banks to make no remittances to the Doylestown bank to-day. The president of the bank is Henry Leer a prominent lawyer.
5.
July 30, 1903
Evening Star
Washington, DC
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SPECULATION IN STOCKS CAUSED DOYLESTOWN NATIONAL BANK TO CLOSE. Examiner Schofield Appointed Receiver -Report of Condition of the Institution. DOYLESTOWN, Pa., July 30.-The following notice was posted on the door of the Doylestown National Bank today: "This bank closed and in the hands of the controller of the currency." (Signed) "T. P. Kane, deputy controller of the currency, and J. W. Schofield, national bank examiner." The posting of the notice caused considerable excitement in the town, as the deposits of the institution are large. The bank examiners have been working on the books for two days past, but no statement has been issued either by them or the officers of the bank. George P. Brock is cashier of the bank. The bank is one of the oldest in the state. Its Philadelphia correspondents are the Philadelphia National Bank and the First National Bank. The former has been its agent for fifty years, and the latter for thirty years. Bank Examiner Schofield telegraphed the Philadelphia banks to make no remittances to the Doylestown bank today. The president of the bank is Henry Leer, a prominent lawyer and candidate for judge on the republican ticket. "The losses," said Deputy Controller Kane today, "will absorb the entire surplus and capital stock of the bank. In other words, the total loss will amount to $215,000 and It devolves upon the directors and stockholders to make up this deficiency." Francis L. Worthington, a director, said: "The president and cashier ran things to suit themselves. They had no right to do so. They ought to have consulted the board of directors and this trouble would have been avoided. No one suspected anything wrong. Our stock has been increasing in value, advancing from $35 a share to $153. I suppose I will lose all through mismanagement of the officers. I understand there was some speculation-Consolidated Lake Superior, I believe, and in that stock most of the money may have been sunk." Edward P. Brock, cashier, declined to reply to the accusation of Mr. Worthington, saying: "Our Investments did not turn out as well as we expected." The Doylestown National Bank, Doylestown, Pa., closed its doors today by order of the controller of the currency. John W. Schofield has been appointed receiver. The failure of the bank was brought about by speculations in stocks on the part of the officers and a number of the customers of the bank. The report of condition of the bank at the close of business June 9, 1903, shows its resources and liabilities at that time to have been as follows: RESOURCES
6.
July 30, 1903
The Washington Times
Washington, DC
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COMPTROLLER CLOSES DOYLESTOWN BANK Failure Caused by Officers Speculating in Stocks. The Comptroller of the Currency this morning closed the Doylestown National Bank, of Doylestown, Pa., and appointed National Bank Examiner J. W. Schofield as receiver. The president of the bank is Henry Lear. The bank had a capital of $105,000; surplus and profits. $131,780; deposits, over $1,000,000; loans and discounts, stocks and securities, $1,051,360. The statement is made at the office of the Comptroller of the Currency that this failure was brought about by speculation in stocks on the part of officers and a number of the customers of the bank. The report of condition of the bank at the close of business June 9, 1903, the last one filed with the Comptroller, shows its resources and liabilities at that time to have been as follows: ResourcesLoans and discounts, $936,322.71; United States bonds to secure eirculation, $70,000; stocks, securities, claims, etc., $178,528; banking house, furniture and fixtures, $49,000; other real estate owned, $14,293.34; due from banks, $37,809.49; cash resources, $120,421.59; redemption fund, $3,500. Liabilities-Capital, $105,000; surplus and undivided profits, $136,460.93; circulation, $67,610; due to banks, $80,592.06; deposits, $980,222.14; notes and bills redisJounted, $10,000.
7.
July 31, 1903
The St. Louis Republic
Saint Louis, MO
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PENNSYLVANIA BANK FAILS BECAUSE OF SPECULATION. Deposits of National Bank of Doylestown More Than $1,000,000 and Capital Stock Only $105,000. Doylestown, Pa., July 30.-The following notice was posted on the door of the Doylestown National Bank to-day: "This bank is closed, and in the hands of the Comptroller of the Currency (Signed) "T. P. KANE, "Deputy Comptroller of the Currency. "J. W. SCHOFIELD, "National Bank Examiner." The posting of the notice caused considerable excitement in the town, as the deposits of the institution are large. The bank examiners have been working on the books for two days past, but no statement has been issued either by them or the officers of the bank. George P. Brock is cashier of the bank. "The losses," said Deputy Comptroller Kane to-day, "will absorb the entire surplus and capital stock of the bank. In other words, the total loss will amount to $215,000, and it devolves upon the directors and stockholders to make up this deficiency." Francis L Worthington, a director, said: "The president and cashier ran things to suit themselves. I suppose I will lose all through mismanagement of the officers. No one suspected anything wrong. I understand there was some speculation-Consolidated Lake Superior, I believe-and in that stock most of the money may have been sunk." Ed P. Brock, cashier, declined to reply to the accusations of Mr. Worthington, saying: "Our investments did not turn out as well as we expected." The capital of the bank was $105,000 and the last report to the Comptroller showed: Surplus and profits, $131,780; deposits over $1,000,000; loans and discounts and stocks and securities. $1,051,360. The bank is one of the oldest in the State. The president of the bank is Henry Leer. a prominent lawyer and candidate for Judge on the Republican ticket. RECEIVER APPOINTED. Washington, July 30.-The Doylestown National Bank of Doylestown, Pa., has been closed by the Comptroller of the Currency. Bank Examiner J. W. Schofield has been appointed receiver. The statement issued by the Comptroller of the Currency says that the failure of the bank was brought about by speculation in stocks on the part of the officers and a number of the customers of the bank.
8.
July 31, 1903
New-York Tribune
New York, NY
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SPECULATIONS CAUSED FAILURE. Doylestown National Bank Closed by the Controller of the Currency. Doylestown, Penn., July 30.-The Doylestown National Bank has been closed by the Controller of the Currency, and Bank Examiner J. W. Schofield has been appointed receiver. The statement issued by the Controller says that the failure of the bank was caused by speculations in stocks on the part of the officers and a number of the customers of the bank. The closing of the bank caused considerable excitement in, the town, as the deposits of the institution are large, being stated at $980,222 in the report made to the Controller on June 9. "The losses," said Deputy Controller Kane today, "will absorb the entire surplus and capital stock of the bank. In other words, the total loss will amount to $215,000, and it devolves upon the directors and stockholders to make up this deficiency." Francis L. Worthington, a director, said: The president and cashier ran things to suit themselves. They had no right to do so. They ought to have consulted the board of directors, and this trouble would have been avoided. No one suspected anything wrong. Our stock has been increasing in value, advancing from $35 a share to $153. I suppose I will lose all through mismanagement of the officers. I understand there was some speculation-Consolidated Lake Superior, I believeand in that stock most of the money may have been sunk. E. P. Brock, the cashier, declined to reply to the accusations of Mr. Worthington, saying: "Our investments did not turn out so well as we expected." The capital of the bank was $105,000, and the last report to the Controller showed surplus and profits of $131,780, and loans and discounts and stocks and securities of $1,051,360. The bank is one of the oldest in the State. Its Philadelphia correspondents are the Philadelphia National Bank and the First National Bank. The former has been its agent for fifty years and the latter for thirty years. Examiner Schofield telegraphed to the Philadelphia banks to make no remittances to the Doylestown bank to-day. The president of the bank is Henry Leer, a lawyer, and candidate for judge on the Republican ticket.
9.
July 31, 1903
The Daily Morning Journal and Courier
New Haven, CT
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DOYLESTOWN BANK FAILURE. Wrecked by Speculution-Director Critloises President and Cashier. Washington, July 30. -The Doylestown National bank of Doylestown, Pa., has been closed by the comptroller of the currency. Bank Examiner J. W. Schofield has been appointed receiver. A statement issued by the comptroller of the currency says that the failure of the bank was brought about by speculations in stocks on the part of the offlcers and a number of the customers of the bank. Doylestown, Fa., July 30.-The following notice was posted on the door of the Doylestown National bank to-day: "This bank closed and in the hands of the comptroller of the currency." "The losses," said Deputy Comptroller Kane to-day, "will absorb the entire surplus and capital stock of the bank. In other words, the total loss will amount to $215,000, and it devolves upon the directors and stockholders to make up this deficiency." Francis L. Worthington, a director, said: "The president and cashier ran things to suit themselves. They had no right to do so. They ought to have consulted the board of directors, and this trouble would have been avoided. No one suspected anything wrong. Our stock has been increasing in value, advancing from $35 a share to $153. I suppose I will lose all through mismanagement of the officers. I understand there was some speculation-Consolidated Lake Superior, I believe, and in that stock most of the money may have been sunk." Mr. Brock, cashier, declined to reply to the accusations of Mr. Worthington, saying, "Our investments did not turn out as well as we expected."
10.
August 5, 1903
The Lambertville Record
Lambertville, NJ
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New Hope and Vicinity. - Pastor Wheeler of the M. E. Church was given a vacation by the board of stewards at their meeting last week. -Miss Sarah Orem and Miss Mamie Munch have returned from a three weeks' visit in Portsmouth, Maine. -The Methodist and Presbyterian Sunday schools will hold their pienic at Deer Park Thursday, August 6. -General Louis Wagner, of Philawas the guest of Dr. R. C. Foulke on Friday last. -Rev. W. D. Holinger, pastor of the Presbyterian chapel will spend his month's vacation at his old home in Carlisle. The Doylestown National Bank, of Doylestown, Pa., has been closed by the Comptroller of the Currency. Bank Examiner J. W. Schofield has been appointed receiver. The statement is made at the office of the Comptroller of the Currency that the failure was brought about by speculation in stocks on the part of the officers and a number of customers of the bank. The bank is one of the oldest in Pennsylvania. With the suspension of business of the Doylestown National Bank one of the oldest and most respected financial institutions in BucksCounty passed out of existence. The success of the bank has been close'y allied with the progress and prosperity of the entire county, and from the day of its inception in 1831 up to Wednesday afternoon when its doors were closed, there has never been a question as to its soundness and stability, and as an indication of the faith and confidence reposed in the institution it need only be cited that shortly after noon Wednesday Deputy County Treasurer Fell made a large deposit on behalf of Bucks County. Furthermore, as recently as Wednesday morning, the stock of the bank, the par value of which is $35, was sold for $153.
11.
August 8, 1903
Democratic Messenger
Snow Hill, MD
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SPARKS FROM THE WIRES. James McCormick, of New York, well known as a broker for Jay Gould and as an art collector, is dead. The Doylestown (Pa.) National Bank suspended, and was placed in the hands of a comptroller. Speculation in stock by the bank's officers is charged. A murder. believed to have been the outcome of a duel, occurred at Revere. Mass., Joseph Corse being the victim and Anthony Montanino being the alleged murderer. Hospital doctors in San Francisco report the cure of a case of lockjaw by the use of antitoxin, which was injected into the patient's brain. Walter W. Condon, formerly of Cold Water, Mich., said to be an heir to an estate valued at $350,000, has been found in Chicago. A. B. Youngson, first assistant grand chief of the Brotherhood of Locomotive Engineers, died in Meadville, Pa., his home. During July 130,000 immigrants passed through St. Paul en route to the Northwest. The graves of five Indians. with their weapons, were uncovered in Chicago.
12.
August 20, 1903
Evening Star
Washington, DC
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RECEIVER APPOINTED. Robert Lyons Takes Charge of Doylestown, Pa, Bank. Robert Lyons has been appointed receiver of the Doylestown (Pa.) National Bank, to take effect as soon as the present receiver can list and turn over to him the assets. Mr. Lyons has been connected with the office of the controller of the currency for a number of years in connection with failed banks, and has been at work in the Doylestown National Bank as the assistant of Receiver Schofield since the closing of the bank. He is an experienced man in this line of work.
13.
August 21, 1903
Evening Journal
Wilmington, DE
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New Receiver For Doylestown Bank. Washington, Aug. 21-Robert Lyons has been appointed receiver of the Doylestown National Bank, to take effect as soon as the present receiver can list and turn over to him the assets. Mr. Lyons has been connected with the office of the comptroller of the currency for a number of years in connection with failed banks and has been at work in the Doylestown National Bank as the assistant of Recelver Schofieid since the closing of the bank.
14.
August 31, 1903
Alexandria Gazette
Alexandria, VA
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FROM WASHINGTON. [Correspondence of the Alexandria Gazette.] Washington, D. C., August 31. It is authoritatively stated at the State Department that there is absolutely no truth in the cable from Constantinople saying that Minister Leishman had asked for the recall of the American squadron The State Department does not inten to ask for a change of the fleet's pro gramme. Word has been received from Manil that the immediate effect of the new Philippine coinage was to cause a mark ed appreciation in the valueof the Mexi can dollar. The first shipment to Ma nila consisted of $2,000,00 of the nev pesos. They were divided equally b) the insular treasurer between the fou banks in the city, by whom they wer at once placed upon the market. Man people changed all the gold money i their possession into Mexican at 2.3 which was the rate in effect that day By the next morning they made a profi of about 8 or 9 cents. An unstead market was expected for a couple o weeks after the introduction of the nev currency pending the adjustment of at fairs to the new condition. Chekib Bey, the Turkish minister t the United States, in spite of the fac that his credentials have not yet bee received at the State Department and h has not been personally presented to th President, had a long conference at th State Department with Secretary Ha this morning. He was unshaven an unshorn, with a four days' growth ( whiskers on his face, but exhibited spirit of exultation when he emerge from the diplomatic chamber. He wa asked the subject of conference and re plied: "What can I say? It's all fals news. The vice consul was not killed What can the United States do?" D rectly following the conference Secretar Hay went to the Navy Department where he closeted himself with actin Secretary Darling. The receipts of the Treasury Depar ment during the month of August hav amounted to $49,852,677, which $6,917,677 more than the expenditure This surplus for the month comes ver near wiping out the deficit which alway occurs in July and which last mont was about eight million dollars. By the end of the current week it is expecte that the receipts for this fiscal year wi have fully caught up with the exenditure and that there will be during the ner ten months of the year an accumulatir surplus of about six millions per mont or a total of between sixty and sevent million dollars. A mule "killed in the line of duty is the subject of a lengthy opinion I the comptroller of the treasury toda It seems that a man in Hawaii sold tl mule to Capt. Williamson, depot qua termaster, who lent it to Surgeon L. I Cofer, chief quartine officer of the territory, to be employed in reclaimin land at the quartine station. It testified that if the mule had been hire for the time employed its services woul have cost the government $640. Or day the driver allowed the mule to fa into a ditch and the animal was kille Now the original owner claims $180 price of the mule. The comptroller de clares that there is no authority to pa for the mule. The Comptroller of the Currency ha received the report of the receiver of th Doylestown National Bank, of Doyle town, Pa., which shows at the date ( suspension a deficiency in assets $115,231, exclusive of capital stock The acting comptroller states that, al though the amount of the deficienc shown by the report of the receiver ma be reduced somewhat by collections from assets that are now considered doubtful worth less, any plan looking to the re organization and resumption of busines of the bank will require the payment é about $220,000 in cash to provide th bank with an unimpaired capital ( $105,000 and cover the deficiency in as sets. A cablegram has been received at th Department of Justice from the Atto ney General of Hawaii, asking wheth a member of the territorial legislatur would be eligible as a candidate for county office. The first country election are now being held in Hawaii and th question has been raised because a nun ber of members of the legislature are car didates and the contests in some district arevery spirited
15.
August 31, 1903
The Washington Times
Washington, DC
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DOYLESTOWN BANK RECORDER REPORTS The Comptroller of the Currency today received the report of the receiver of the Doylestown National Bank, of Doylestown, Pa. The report shows the actual assets of the bank at the date of suspension to have been $1,391,819.44, and liabilities $1,144,256.81. The deficiency in assets is $115,231.85. A representative of the Comptroller's office will go to Doylestown to confer with the receiver and while there will entertain any plan for the reorganization and resumption of business of the bank. The Acting Comptroller announces that while the amount of the deficiency may be reduced somewhat, any plan to reorganize will require the payment of about $220,000 cash to provide the bank with an unimpaired capital of $105,000 and cover the deficiency and assets.
16.
September 1, 1903
Evening Star
Washington, DC
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THE DOYLESTOWN BANK. Possible Early Resumption of Business by Suspended Institution. The controller of the currency has received the report of the receiver of the Doylestown National Bank of Doylestown, Pa., which shows a deficiency in assets of $115,231.85 exclusive of capital stock at the date of suspension. A representative of the controller's office will confer with the receiver in regard to any plan for the reorganization and resumption of business of the bank which any of the late directors or other interested parties may have to offer. The acting controller states that, while the amount of the deficiency shown by the report of the receiver may be reduced somewhat by the collections from assets that are now considered doubtful or worthless, any plan looking to the reorganization and resumption of business of the bank will require the payment of about $220,000 in cash to provide the bank with an unimpaired capital of $105,000 and cover the deficiency in assets.
17.
October 14, 1903
Evening Star
Washington, DC
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Doylestown Bank May Resume. The Doylestown National Bank of Doylestown, Pa., which was closed July 30, has been authorized by the acting controller of the currency to resume business, and the receiver has been instructed to turn over to the new board of directors all of the assets of the bank in his possession. This action was taken upon the receipt of a telegram from a representative of the controller's office at Doylestown that the stockholders of the bank had raised $220,000 by voluntary assessment, and that this amount had been paid into the bank in cash, and that all of the other conditions precedent to resumption imposed by the controller had been complied with.
18.
October 14, 1903
The Washington Times
Washington, DC
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DOYLESTOWN BANK TO RESUME BUSINESS The Doylestown National Bank, of Doylestown, Pa., closed last July, has been authorized by the Acting Comptroller of Currency to resume business. The receiver has been instructed to turn over to the new directory board all the assets of the bank in his possession. The stockholders of the bank have raised $220,000 by voluntary assessment, and this sum has been paid into the bank in cash. Other conditions incident to resumption have also been met.
19.
October 14, 1903
Evening Journal
Wilmington, DE
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Deylestown Bank to Reopen. Washington, Oct. 14.-The Doylestown National Bank, of Doylestown, Pa., which was closed on July 30, 1903, has been authorized by the acting comptreller of the currency to resume business, and the receiver has been instructed to turn over to the new board of directors all of the assets of the bank in his possession. This action was taken upon the receipt of a telegram from Doylestown that the stockholders of the bank had raised $220,000 by voluntary assessment, and that this amount had been paid into the bank in cash, and that all of the other conditions precedent to resumption imposed by the comptroller had been complied with. Cartmell's Varnish Stain old furniture look like new
20.
October 14, 1903
The Indianapolis Journal
Indianapolis, IN
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National Capital Notes. Special to the Indianapolis Journal. WASHINGTON, Oct. 13.-Authority has been granted for the organization of the First National Bank of Poseyville, Ind.; capital, $25,000. F. M. Smith, Isaiah Fletchall, J. H. Gwaltney, H. P. Westfall and P. M. Witt are named as incorporators. City free delivery will be established at Union City, Ind., on Nov. 1. William L. Morgan and Lee M. Welbourn have been appointed regular carriers and Harry E. Creveston substitute. D. S. Young, of Delphi, and O. S. Holliday, of Terre Haute, have been appointed clerks in the railway mail service. Alonzo Duddleston, of Terre Haute, has been appointed inspector in the immigration service and assigned to duty in Baltimore. Major Luther Hare. formerly of Noblesville, Ind., has been detailed for duty with the militia in Texas. A motion was entered in the Supreme Court of the United States to-day in the case of Zarnikow, MacDougal & Co. vs. Collector Bidwell. of New York, to reassign the hearing to a date subsequent to Nov. 1. The case involves the validity of the act of 1900 providing for the collection of duties imposed upon goods shipped into the United States from Porto Rico and opens up the entire insular question. The Doylestown National Bank of Doylestown, Pa., which was closed on July 30, 1903, to-day was authorized by the acting controller of the currency to resume business. Baron Von Sternburg, the German ambassador, accompanied by the ambassadress, arrived here to-day from The Weirs, New Hampshire, where the embassy was established for the summer. The remodeling of the embassy here has been about completed, and the ambassador and ambassadress will remain in Washington throughout the winter. Paymaster General A. E. Bates, of the army, has submitted his report to the War Department for the fiscal year ended June 30, 1903. The total amount of funds handled by the paymaster's department was $43,645,959. Of this sum $32,599,406 was expended on account of pay for the army. The amount paid out on account of the military academy was $383,838.
21.
January 9, 1904
The Indianapolis Journal
Indianapolis, IN
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# Bankers Held in Heavy Bond.
PHILADELPHIA, Jan. 8.-Henry Lear and George P. Brock, president and cashier, respectively, of the Doylestown, Pa., National Bank at the time of the suspension of that institution, were arrested to-day charged with misapplying $120,000 of its funds. They were brought to this city from Doylestown and given a hearing before United States Commissioner Craig and held in $7,500 bail.
22.
January 9, 1904
Waterbury Evening Democrat
Waterbury, CT
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Bank Officials Arrested. PHILADELPHIA, Jan. 9. / Henry Lear and George P. Brock, president and cashier respectively. of the Doyles town (Pa.) National bank at the time of the suspension of that institution, have been arrested charged with misapplying about $60,000 of its funds.
23.
January 9, 1904
The Bennington Evening Banner
Bennington, VT
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Bank Officials Arrested. PHILADELPHIA, Jan. 9. - Henry Lear and George P. Brock, president and cashier respectively of the Doylestown (Pa.) National bank at the time of the suspension of that institution, have been arrested charged with misapplying about $60,000 of its funds.
24.
January 9, 1904
The Montgomery Advertiser
Montgomery, AL
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Bankers Under Arrest. Philadelphia, Jan. 8.-Henry Lear and Geofge P. Brock, President and Cashier, respectively, of the Doylestown, Pa., National Bank at the time of the suspension of that institution. were arrested today on an affidavit sworn to by Bank Examiner Edward P. Moxey and which states that Lear and Brock each misappropriated about $60,000 of the bank's funds.
25.
January 15, 1904
The Penn's Grove Record
Penns Grove, NJ
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# Bank Officers Arrested.
Henry Lear and George P. Brock, President and Cashier of the Doylestown (Pa.) National Tank at the time of its suspension, were arrested, charged with misappropriating $60,000 of the bank's funds.