Click image to open full size in new tab
Evansville, Ind., Jan. 17.-Crowds of depositors today assembled in front of the Citizens' National Bank, which temporarily suspended pending an investigation by examiners. There are $1,400,000 deposits on the bank's books. The bank's total assets are $1,900,000; capital and surplus, $267,000.
Click image to open full size in new tab
NATIONAL BANK CLOSES ITS DOORS Indiana Financial Institution Suspends Business Pending Investigation by Bank Examiner. (By Associated Press.) Evansville, Ind., Jan. 17.-Announcement was made today that the Citizens National Bank would suspend temporarily, pending an investigation into its affairs by National Bank Examiner Johnson of Indianapolis. The examiner said he was unprepared to give data on the condition of the bank. but hoped conditions would be such that depositors would be paid in full. The institution was believed to be one of the safest in the city.
Click image to open full size in new tab
FAILED BANK IS BESIEGED BY DEPOSITORS Evansville, Ind., Jan. 17.-Crowds of depositors today assembled in front of the Citizens' National bank, which has temporarily suspended pending an investigation by examiners. There are $1,400,000 deposits on the bank's books. The bank's total assets are $1,900,000, and capital and surplus $267,000.
Click image to open full size in new tab
BAD LOANS ARE CHARGED Evansville, Indiana, Citizens' National Bank Closes Its Doors This Morning. (Herald Special.) Evansville, Ind., Jan. 17.-The Citizens' National, one of the oldest banks in this city, closed its doors this morning by order of the national examiner, who is investigating the institution. The directors announce that they believe the bank will pay its depositors in full. Bad loans and an alleged embezzlement are said to be the causes for the suspension.
Click image to open full size in new tab
FAILURE IS A SURPRISE Evansville, Ind., Bank Had Won Confidence of Thousands Evansville, Ind., Jan. 17.-Announcement today that the Citizens National bank would suspend temporarily, pending an Investigation into its atfairs by National Bank Examiner J. C. Johnson of Indianapolis, astonished thousands who had implicit confidence in the institution. The $1,400,000 of private money in the bank included large commercial deposits, besides probably as many small accounts as any national bank in the city. Examiner Johnson said he was un. prepared to give data on the condition of the bank, but he hoped conditions would be such that the depositors could be paid in full
Click image to open full size in new tab
Citizens National of Evansville Temporarity Suspends Pending Investigation. Evansville, Ind., Jan. 17-Crowds of depositors today assembled in front of the Citizens' National bank, which temporarily suspended pending an investigation by examiners. There are $1,400,000 deposits on the bank's books. The bank's total assets are $1,900,000. The capital and surplus is $267,000.
Click image to open full size in new tab
EVANSVILLE, Ind., Jan. 17.-Announcement today that the Citizens National bank would suspend temporarily pending an investigation into its affairs by National Bank Examiner C. Johnson of Indianapolis, astonished thousands who had implicit confidence in the institution. The statement of the examiner, made in the newspapers in advance of the hour of opening today, served somewhat to allay alarm and there was no demonsiration around the bank door by depositors. The $1,400,000 of private money in the bank included large commercial deposits besides probably as many small accounts Exas any National bank in the city. aminer Johnson said he was unprepared to
Click image to open full size in new tab
Evansville, Ind., Jan. 18.-The Citizens' National bank, one of the oldest and regarded as the strongest banking institution in Evansville, closed its doors by order of the directors.*
Click image to open full size in new tab
Citizens National Bank Evansville Ordered Suspended (Continued from First Page.)
Click image to open full size in new tab
Evansville, Ind., January 21.-It is learned from a high authority tonight that the Citizens' National bank here, which has been closed several day will be reopened in a week or 10 days. It is generally understood that plans have been formulated to start the bank with new capital. It was definitely learned tonight that no receiver will be named for the bank. The capitalists who are said to be back of the deal to reorganize the bank are F. W. Cook of the Cook Brewing company and Allen Gray, one of the wealthiest men in this part of the state.
Click image to open full size in new tab
Evansville.-Deputy Controller of the Currency W. J. Fowler of Washington, D. C., spent the day interviewing directors and debtors of the suspended Citizens' National bank and the belief is strengthened that a resumption of the institution will result. Arrangements made to pay doubtful loans or to get better securities are reducing the losses. A satisfactory adjustment on loans of nearly $150,000 was effected with losses of only a few thousand dollars, and if this ratio holds good throughout it is said there is no question of resumption.
Click image to open full size in new tab
GILLETTE PLACED UNDER ARREST Evansville, Ind., June 23.-Capt. S. P. Gillette, former president of the Citizens' National bank, which was suspended for two weeks in January, 1910. following the discovery of many insecure loans, was arrested today on an indictment charging violation of the banking laws. The indictment was PLturned by the federal grand jury at Indianapolis yesterday. Capt. Gillette gave $10,000 bond. He is 70 years old. He was graduated from the United States naval academy during the Civil war but retired from the navy 40 years ago. The losses of his bank were $272,000. The bank was immediately reorganized.
Click image to open full size in new tab
DOWNFALL OF A MAN OF WEALTH Evansville, Ind., June 23.-Capt. S. P. Gillette, former president of the Citizens National bank, which was suspended for two weeks in January, 1910, following the discovery of many insecure loans, was arrested today on an indictment charging violation of the banking laws, The indictment was returned at Indianapolis yesterday. Capt Gillette gave $10,000 bond. He is 70 years old. He was graduated from the United States naval academy during the civil war, but retired from the navy forty years ago. The losses of his bank were $272,000 The bank was immediately re-organized.
Click image to open full size in new tab
ARREST BANKER, $272,000 LOSS Captain S. P. Gillett, 70 Years Old, Naval Academy Graduate. Evansville, Ind.. June 23.-Captain S. P. Gillett, former president of the Citizens' National Bank which suspended for two weeks in January, 1910, because of the discovery of a large volume of insecure loans, was arrested to-day on a federal indictment charging violation of the banking laws. He gave a $10,000 bond. Captain Gillett is seventy years old. He was graduated from the United States Naval Academy during the Civil War, but retired from the navy forty years ago to become a banker. The losses in his bank were $272,000. The bank was reorganized.
Click image to open full size in new tab
GRAND JURORS INDICT FORMER BANK PRESIDENT EVANSVILLE, Ind., June 23.-Captain S. P. Gillette, a retired naval officer, former president of the Citizens National bank which was suspended for two weeks in January, 1910, following the discovery of many insecure loans, was arrested today on an indictment charging violation of the banking laws. The indictment was returned by the federal grand jury at Indianapolis yesterday, Captain Gillett gave $10,000 bond. He is 70 years old. The losses of his bank were $272,000. The bank was immediately reorganized.
Click image to open full size in new tab
ARREST BANKER, $272,000 LOSS. Captain S. P. Gillett, Seventy Years Old, Naval Academy Graduate. Evansville, Ind.-Captain S. P. Gillett, former president of the Citizens' National Bank, which suspended for two weeks in January, 1910, because of the discovery of a large volume of insecure loans, was arrested on a Federal indictment charging violation of the banking laws. He gave a $10,000 bond. Captain Gillett is seventy years old. He was graduated from the United States Naval Academy during the Civil War, but retired from the navy forty years ago to become a banker. The losses in his bank were $272,000. The bank was reorganized.
Click image to open full size in new tab
ARREST BANKER, $272,000 LOSS Captain S. P. Gillett, Seventy Years Old, Naval Academy Graduate. Evansville, Ind.-Captain S. P. Gillett, former president of the Citizens' National Bank, which suspended for two weeks in January, 1910, because of the discovery of a large volume of insecure loans, was arrested on a Federal indictment charging violation of the banking laws. He gave a $10,000 bond. Captain Gillett is seventy years old. He was graduated from the United States Naval Academy during the Civil War, but retired from the navy forty years ago to become a banker. The losses in his bank were $272,000. The bank was reorganized.
Click image to open full size in new tab
United States District Attorney Asa P. French has informed the soldiers at Fort Banks, Winthrop, Miss., that Sunday baseball playing must cease.
Because his wife had determined to leave him, David Downes, at Springfield, Mo., shot and killed her and her mother, Mrs. Ivy Woodard, and then killed himself.
As a result of an old grudge Boss Allen of Arlington, Ill., was probably fatally stabbed in a saloon fight. Ed and Nathan Cautson and Robert Lanshon are under arrest.
John McNally of Toledo, who was found along the Michigan Central tracks near New Buffalo, Mich, and taken to Michigan City is dead. McNally supposedly fell from a freight train while stealing a ride.
As a result of a family quarrel Daniel J. Dalton, former county clerk, at Cincinnati is in a hospital. A warrant has been issued for his step-son, William Ungemeier, charged with shooting him.
George Mason, aged 47, while cleaning a well near Lewiston, Ill., was overcome by damp. He called on his helpers to draw him out, but when near the top he lost his hold and fell back thirty feet into the well, being killed.
Nick Minkkinen, an inmate of the couny poor house of Houghton, Mien., was awarded a verdict of $11,000 against the Quincy Mining company. Minkkinen was injured by a fall of rock underground five years ago, being rendered epileptic and insane.
Carl Oder, a stock buyer, shot and killed his brother-in-law, Charles Quertermous, at Fairfield, Ill. It is alleged that Mr. and Mrs. Oder had quarreled and that the shooting took place as Quertermous had taken his sister back home.
Insane over Jeffries-Johnson fight, Kate Blancke, an actress, was committed to the asylum at Newburg, Ohio. Since her arrival in Cleveland, Miss Blanke has been sending telegrams to the fight promoters begging them to take her to the contest.
Capt. S. P. Gillett, former president of the Citizens National bank, which was suspended because of the discovery of a large volume of insecure loans was arrested at Evansville, Ind., charged with a violation of the banking laws. Capt. Gillett immediately gave $10,006 bond. He is 70 years old.
Over $15,000,000 annually is poured into the coffers of those who exploit and advertise "fake" consumption cures, according to a statement issued by the Association for Study and Prevention of Tuberculosis. The report stated that for this vast sum the victims not only receive nothing
Click image to open full size in new tab
INDICTED, SHOOTS SELF. Former President of Bank Probably Is Fatally Wounded. EVANSVILLE, Ind., November 26.Capt. Simeon P. Gillette, former president of the Citizens' National Bank of this city, who is under two series of federal indictments for alleged mismanagement of the bank prior to its temporary suspension and reorganization last January. shot himself in the right temple at his home in this city today. His trial was scheduled for December 1, in the federal court at Indianapolis. Physicians say he will die.
Click image to open full size in new tab
GILLETTE, former president of the Citizens' National Bank of Evansville, Ind., who is under two series of federal indictments for alleged mismanagement of the bank prior to its temporary suspension and reorganization last January, shot himself at bis home in that city Saturday. His trial was scheduled for December 1, but rather than force the ordeal he sought death at his own hands. Another object lesson.