22073. St Albans Trust Company (St Albans, VT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
August 6, 1883
Location
St Albans, Vermont (44.811, -73.083)

Metadata

Model
gpt-5-mini
Short Digest
f3803e85

Response Measures

None

Description

The St. Albans Trust Company suspended in early August 1883 after heavy endorsement of Bradley Barlow's paper and an assignment by its president Lawrence Brainerd. A receiver (Receiver Rich) was appointed and the company remained in receivership with asset sales and indictments—no evidence of a depositor run in the articles. Classified as suspension_closure (suspension leading to permanent closure/receivership).

Events (2)
1. August 6, 1883 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suspension triggered by heavy endorsements/assignments tied to Bradley Barlow's failed railroad investments; president Lawrence Brainerd assigned property for benefit of the company after endorsing Barlow's paper.
Newspaper Excerpt
The St. Albans Trust Company has also suspended, its President Lawrence Brainerd who was a heavy endorser on Barlow's paper having made an assignment for the benefit of the Trust Company.
Source
newspapers
2. September 5, 1883 Receivership
Newspaper Excerpt
A RECEIVER has been appointed for the Vermont Copper Mining company at Vershire; also for the Goddard mine at Corinth. RECEIVER RICH of the St. Albans and pany has satisfied himself that there are available assets sufficient to pay the good depositors fully thirty per cent of their claims.
Source
newspapers

Newspaper Articles (24)
1. August 7, 1883 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, August 7, 1883

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ANOTHER FAILURE. Bradley Barlow Swamped by His Railroad Operations. A Bank, Trust Company and the Southeastern Railroad Involved, BOSTON, Aug. 6.-A special to the Journal from St. Albans, Vt., says Hon. Bradley Barlow, president of the Vermont Nationol Bank, of St Albans, also president of the Southeastern railroad has failed, and that the bank has closed its deors. Barlow says the embarrassment is due to unsuccessful railway negotiations. ST. ALBANS, Aug. 6. The Vermont National Bank of St. Albans, of which Hon. Bradley Barlow is president, closed its doors this forencon causing great consternation among depositors. Barlow was also president and owner of the Southeastern railroad of Canada, and it is understood that he has failed. All his property is involved besides a considerable amount of money loaned by banks and individuals to assist him in his railroad mangement. Barlow says he has assigned all his property to the bank for the benefit of depositors, that the failure is due to the unsuccessful result of his attempt to sell the Southeastern railroad to the Canadian Pacific road; that he expected up to a few days ago to accomplish the sale, but failing in this he was compelled to suspend. The bank has discounted about $325,000 for the Southeastern road, and the loan was made on bonds of the Boston, Montreal & Portland railroad. Failing to raise money on the bonds it was deemed best to close the bank. The deposits in the bank are about $320,000 and Barlow thinks the depositors will be paid in full. Officers of the bank state its affairs are in proper shape and the bank examiner has been notified of the situation. The Southeastern railroad is a road which has been taken in hand by Barlow who raised it from a state of inefficiency requiring a large outlay. Mr. Barlow held a large amount of bonds, not attempting to put them upon the market, and the road has been an active borrower in consequence in order to carry on improvements, the earnings barely covering its current expenses. Its line extends from Montreal to Newport, Vt.,a distance of a little over 100 miles, having branches to various points in the Provinces, which make up a total of 300 miles of road operated. The suspension of the bank was totally unexpected and is likely to have a serious effect upon numbers who have been endorsers upon Barlow's paper, but the real condition of affairs in this respect is not yet fully known. It is understood Barlow had invested about $1,000,000 in the Southeastern railroad. The St. Albans Trust Company has also suspended, its President Lawrence Brainerd who was a heavy endorser on Barlow's paper having made an assignment for the benefit of the Trust Company. Brainerd's property which has been assigned is valued at $500,000. Barlow has made no provision for his family and if he died they would be left absolutely penniless. The floating liabilities of the South eastern railroad are now absolutely stated at five hundred thousand dollars. There is really no fear that the suspension of the St. Albans Trust Company will prove permanent. President Brainerd's property which he has assigned consists of lumbering business in Northern New York which is conducted at a large profit. and real estate, etc of great value.

2. August 7, 1883 Daily Republican Wilmington, DE
Article from Daily Republican, August 7, 1883

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... Collapse of n National Bank. The Vermont National Bank at St. Albans, Vermont, suspended yesterday in consequence of the embarrassment of its President, Bradley Barlow, who is also President of the Southcastern Railroad. The bank has discounted about $325,000 for that road, and has also made loans on the Boston, Montreal and Portland road. The deposits of the bank are stated to be about $320,000, and Barlow thinks they will be paid in full. Barlow has invested $1,000,000 in the Southeastern road. The St. Alban's Trust Company has also suspended, its President, Lawrence Brainerd, having been an endorser on Barlow's paper.

3. August 7, 1883 Daily Globe Saint Paul, MN
Article from Daily Globe, August 7, 1883

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VE., Aug. National bank of St. Albans, Bradley Barlow president, closed its doors this morning, great among Barlow is also depositors. causing consternation president Canada and of the Southeastern railway, and that he failed all his is involved, a owner property understood beside and that considloaned by banks to assist him his railroad erable in amount management. Barlow the has all his bank the benefit of depositors says he for assigned property and resultof to that is due to the unsuccessful his to sell S. E. R. to Railroad company. exadian his failure attempt Pacific R. the He Canto a few ago, accoma but failing in was pected, plish sale, up days The this, bank to he to suspend. for counted compelled about $325,000 theSoutheasern bonds of disloan was made on the Montreal & road Boston, and Portland bonds, railroad it deem- failing to raise money on was to close the bank. deposits of are about $320,000, ed the best bank The and in full. Barthinks depositors will be paid of the bank state and the low The in officers proper shape bank its examin- afiairs notified of its is a road are er S. E. has railroad been which situation. had raised been The taken in hand by Barlow, who it front a state of inefficiency, requiring a large outlay: Barlow held a large amount of bonds. not attempting to put them upon the market, and the road has been an active borrower in consequence, in order to carry on improvements. Earnings barely covering expenses. Its line extends from Montreal to Newport, Vt., a little over one hundred miles, and has branches to various points in the provinces, which make up a total miles of road The of the was suspension of 300 bank have in operation. serions totally and is likely to a effect members who enunexpected upon have but been the dorsers Barlow's paper, real condition of affairs in this not known. It is fully upon understood respect million is that invested about one southeastern The dollars yet Barlow in had the railroad. St. Albans Trust company also suspended its president, |Lawrence Brainerd, who was a heavy endorser on Barlow's made an of the Trust company. benefit paper, having assignment Brianerd's for the probable assignment is valued at $500,000. Barlow states that he made no provision for He and they are The floating his family. liabilities absolutely of the are of the St. comsuspension South penniless. Eastern railway Albans $500,000. Trust President The will not be permanent, as able to meet all Brainerd pany is the all liabilities liabilities to the trust company and also as the endorser for Barlow. BOSTON, Aug. 6.-A meeting of the crediboot manuwho was tors facturers, of C.H. Ward, suspended and last Ward shoe week, made held his office to-day. brief at statement reviewing his which business since established and the cause led to the suspension. The liabilities are stated at about $745,000; assets $232,000. M. F. Dickinson, the assignee, stated if any creditor desired to push Ward into in they would not oppose it, but Ward at once file He urged that a petition. solvency, would his great involuntary saving would be effected by working off the stock at the factory, but although duly authorized, he did not feel like esecuting the work, except under the advice of the com miitee of creditors. The committee was chosen and the meeting 6.-Brown Co., DETROIT, Aug. adjourned. Bros. & lumber dealers and insurance agents of this city have assigned. Liabilities $100000; assets $50,000. DETROIT, Aug. 6.-Brown Bros. & Co. as no further statement than that liabilities will hardly make already yet telegraphed, reach except $100,000. that the For several years they have struggled, always hoping to pay in full, but finally were forced to yield by unexpected foreclosures of mortgages held by J. D. Standisb, of this city, assigned to Prescott. The indebtedness is wholly in Michigan. BANGOE, Me., Aug. 6.-An attachment of $800,000 of real estate and other property of F. Shaw & Bros, insolvent tanners, is recorded in Penobscot, Washington, and Aroostook counties by Samuel E. Spring, of Portland. BOSTON, Aug. special to the Journal from St. Albane, Vt., says: Hon. Bradley Barlow, president of the Vermont bank of St. Albans, and also of the he has the states National president that Southeastern failed, and that railroad, bank has closed its doors. Barlow says his embarrassment is due to unsuccessful railway enterprises. Andrew and George Euringer, brothers, cuarreled at Carlisle, Pa., yesterday, and

4. August 8, 1883 The Semi-Weekly Miner Butte, MT
Article from The Semi-Weekly Miner, August 8, 1883

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ppointed. BANGOR. ME., Aug. 6.-An attachent on $800,000 worth of real estate nd other property of Shaw & Bro., he insolvent tanners, is recorded in enobscott, Washington and Aroosck counties, by Samuel Spring, of the a ortland. ng he MADRID, Badajos Aug. insurgents 6.-Before destroyed abandon- distance of rom to detard the railroad town bridges good advance ursuing troops. Two Lieutenant olonels and two Majors were the ingleaders of the rising. PARIS, August 6.-President Grevy as telegraphed his condolence to King Humbert and has given 1000 rancs to the relief of the sufferers of schia. The Cabinet Council gave 250 francs. COVINGTON, Aug. 6.-In the recent lection in this city Knott, (Dem.,) olled 1,404, Marrow, (Republican.) 33. NEWPORT, Aug. 6.-The election ere for Knott, (Governor, Democrat,) 194, Marrow, (Republican,) 1,418. LIMA, Aug. 6.-Garcia Leon, lib- the eruvian ex-minister, has been rated. MEXICO, Aug. 6.-The places of the triking operators on the Mexican National railroad have been filled, nd trains are running regularly. SIMLA, Aug. 6.-The Indian Govrnment will send to Egypt seven octors and 40 assistants. CONSTANTINOPLE, Aug. 6.-TheInernational terrritorial counsel will mpose 25 days' quarantine on vessels which have had cases of cholera on oard. Other rigid restrictions will Iso be offered. NAPLES, Aug. 6.-A child buried n the ruins at the time of the earthuake on the 28th ult., was rescued live last Saturday. ALEXANDRIA, Aug. 6.-Seven perons, most of them Europeans, died esterday from cholera. One hundred and ten British soliers have died in Egypt from cholethe outbreak of persons a NAPLES, since Aug. 6.-Nineteen that disease. have jured by the disaster at Ischia ied in the hospitals here during also last eek. One hundred others rounded were discharged cured. MENDEN, N. B., Aug. 6.-The strike f the telegraphers has ended. The to en have voluntarily returned ork. LONDON, Aug. 6.-Capt. Phelan, of Kansas City. the man reported as ientical with O'Donnell, the slayer f James Carey, 18 sojourning at ork. Parnell has cabled that he well be nable to visit America until after he coming election in Great Britain nd Ireland. LAWRENCE, Mass., Aug. 6.-The Wright Baird Mfg. Co. is burned. loss $150,000, insurance $66.000, 165 peratives are out of employment. BALTIMORE, Aug. 6.-The delegates , the Grand Commandery of United tates Knights Templar in San Franisco leave at 8 to-morrow. SALT LAKE, Aug. 6.-(Midnight.) the 'he precincts are scattered and eturns are not obtainable to-night. 'he vote is announced to have been emarkably light. BOSTON, Aug. 6.-The following is dditional to the bank failure: Barw states that he has made no proision for his family, that he The and are absolutely penniless. liabilities of the hey oating Southeastern suspension ailroad are $55,000. The f the St. Albans Trust company is ot permanent. PHILADELPHIA, Aug. 6.-The Times to-morrow an elaborate anJefferson wer vill print from Davis secession to Judge exposure of in which the reviews in rather the assertions entences Black's ecrets, President reputed ex-Confederate and Buchan- pungent record f Judge Black, as President n's chief Cabinet officer. BOSTON, Aug. 6.-A special to the journal from St. Albans, says the of Ion. Bradley Barlow, president he Vermont National Bank of St. also president of the Southstates that he that the bank has Albans, astern d, and R. .R., embarrass- closed has fail- its Barlow says his nent oors. is due to unsuccessful railway interprises.

5. August 8, 1883 The Indiana State Sentinel Indianapolis, IN
Article from The Indiana State Sentinel, August 8, 1883

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MERCANTILE MAELSTRONS. The Vermont National Bank at St. Albans Succumbs. The Failure Due to the President's In. vestments in a One-Horse Railroad Company. Several Other Large Failures Reported Unfavorable Exhibit of Clearances for the Past Week. HEAVY FAILURES. The Vermont National Bank and the St. Albans Trust Company Suspend-Statement of Officers. ST. ALLENS,Aug. Vermont National Bank, St. Albans, Bradley Barlow President, closed its doors this morning causing great consternation smong depositors. Barlow is also President and owner of the Southeastern Railway, Canada, and it is understood he failed and that his property is involved, besides a considerable amount loaned by the banks and individuals to assist him in his railroad management. Barlow says he has assigned all his property to the bank for the benefit of depositors, and that his failure is due to his unsucessful attempt to sell the Southeastern Railway to the Canada Pacific Railroad Company. He expected up to & few days ago to accomplish the sale, but failing in this he was compelled to suspend. The bank discounted about $325,000 for the Southeastern Railroad, and the loan was madeon the bonds of the Boston, Montreal and Portland Railroad. Failing to realize money on the bonds it was deemed the best to close the bank. The deposits of the bank are about $320,000 and Barlow thinks the depositors will be paid in full. Officers of the bank state its affairs are in proper shape, and the back examiner has been notified of its situation. The Southeastern Railroad is a road which has been taken in hand by Barlow, who raised it from a state of inefficiency requiring a large outlay. Barlow held a large amount of bonds, not attempt ing to put them upon the market, and the road has been an active borrower in consein order to carry on the improvequence, ments, the earnings barely covering the current expenses. Its line extends from Montreal to Newport, Vt, a little over 100 miles, and has branches to various points in the Provinces, which make up- a total of 300 miles of road in operation. The suspension of the bank was totally unexpected, and is likely to have a serious effect upon numbers who have been indoreers upon its paper, but the real condition of its affairs in this respect is not fully known. It is understood that Barlow had invested about $1,000,000 in the Southern Railroad. The St. Albans Trust Company has also suspended, its President, Lawrence Brainard, a an having who was made heavy assignment indorser of for Barlow's the benefits paper, of the Trust Company. Brainard's property assigned is valued at $500,000.

6. August 10, 1883 Indian Chieftain Vinita, OK
Article from Indian Chieftain, August 10, 1883

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THE LATEST. THE Treasury Department has made a ruling that Canada tugs cannot tow American vessels from Canadian waters into American waters beyond the first American port in which they make entry. THE German Admiralty have ordered commanders of men of men-of-war to limit their supplies of American pork to what is necessary for the sustenance of crews during passage home from foreign stations. The object of this order is to avoid the handling of any such pork at German ports. THE Vermont National Bank of St. A1bans, Bradley Barlow President, has closed its doors. Barlow is also President and owner of the Southeastern Railway of Canada and it is understood he has failed and that all of his property is involed, be. sides a considerable amount loaned by banks and individuals to assist him in his railroad management. The St. Albans Trust Company also suspended. Its President, Lawrence Brainard, who was a heavy indorser of Barlow's paper, made an assignment for the benefit of the Trust Company. NATHANIEL SMITH RICHARDSON, D. D., editor of the Church Guardian, New York City, was found dead in bed at his residence in Bridgeport, Conn., the other morning. His age was seventy-three. COMPARATIVELY few of the railroad telegraph operators of the East obeyed the order of the Brotherhood Committee calling them out. Some left their desks, but the railroad companies asserted that the majority remained. In the Pittsburg Division of the Baltimore & Ohio road about one-third of the operators struck. It is asserted that during the past eighteen months 25,000 Springfield rifles, 250,000 cartridges and other munitions of war, of a total value of $5,000,000, have been shipped from this country to China. CAPT. EADS recently received $4,800,000 for his work at the mouth of the Mississippi. THE Georgia Legislature recently passed a general Local Option Law for the State. L. L. CONRAD, a lawyer, prominent in professional and social life, was shot and killed the other night by his wife, near Glydon, in Baltimore County, Md. Mrs. Conrad had been suffering from illness, sometimes accompanied by evidences of insanity. Conrad was a native of New Orleans, and son of William H. Conred, Secretary of War during Fillmore's administration. A PARTY of roughs recently while returning from a Sunday spree, entered the grounds of Mr. Lovett, near Mount Clair, Ills., and commenced despoiling his fruit trees. He warned them to leave, when some one of the party assaulted him with missiles, one of which struck him at the base of the brain, killing him instantly. About 5 dozen of the rowdies were subsequently arrested.

7. August 10, 1883 Burlington Weekly Free Press Burlington, VT
Article from Burlington Weekly Free Press, August 10, 1883

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THE ST. ALBANS FAILURES. The failure of Bradley Barlow has long beencanticipated. It was generally understood that he had embarked all his resources in his Southeastern railroad, and the shaky financial character of that enterprise was widely known. But that Mr. Barlow's failure would lead to that of the Vermont National bank of St. Albans, of the St. Albans Trust company and of a man reputed as wealthy as Lawrence Brainerd, was wholly unexpected by the general "public. The combined failures must result in widespread loss and trouble, and will undoubedtly rank among the most disastrous in the history of the State. There are some points about them that demand examination. First, as to the National bank. This was for all intents and purposes Mr. Barlow's private property and he seems to have so regarded it. Of its capital stock of $200,000, he owned $187,000, leaving only an insignificant amount for the six gentlemen who with himself constituted the board of directors. The bank's deposits were. Mr. Barlow says, about $330,000. Mr. Barlow becoming financially involved, the directors advanced him ($319,000 on bonds of the Montreal, Portland & Boston railroad. The sum was very much larger than the capital of the bank and/almost'as as the entire amount of its doposits. The' Montreal, Portland & Boston railroad is a part of the Southeastern system and runs from Montreal to Sheldon, in this State. Its bonds have absolutely no market value whatever. They may intrinsically be worth par, but at the present moment they are absolutely valueless, and have been SO for a long time past. So, therefore, the directors of the bank appear to have advanced nearly all its funds, aside from its capital stock, on wild-cat securities to a man notoriously involved, financially. The result is that the bank is ruined, its capital is lost beyond all hope, and its depositors will have to endure a long delay and, probably, a final heavy loss. The whole thing shows the glaring evil of running a National bank on the one-man) principle. The case under consideration is not by any means the first on record, nor will it be the last, unless some decisive step is taken to remedy the matter. The man wl.o owns the bank names his own directors and they suffer him to manage the bank as he pleases. They haveno realinterest and presumably pay butslight attention to their official duties. On the other hand, the people see a list of prominent and responsible townsmen announced as directors of the bank, and their names give them confidence in the institution and they entrust their hard earnings to its care. And at last the explosion comes, and the people find that money has gone to the support of some reckless speculator and that the men in whom they trusted were mere dummies, simply giving the use of their names. Such a eystem of banking is a shame and a scandal, and it ought to be done away with. As to the St. Albans Trust company, its affairs have not, at the moment of writing, been made very clear. Mr. Lawrence Brainerd, its president, has made an assignment of all his property for its benefit, however, and from this it would look as if its funds, too, had gone into Mr. Barlow's ill-starred speculations. If such proves to be the case, the thing is even more flagrant than that of the National bank. The care of the money belonging to the working and poorer classes is a sacred trust, and its investment ought to be surrounded with every possible safeguard. Too great caution can not possibly be used. These facts are too familiar and too obvious for argument. And yet the managers of the St. Albans Trust company appear to have been as loose and careless in their methods

8. August 17, 1883 St. Johnsbury Caledonian Saint Johnsbury, VT
Article from St. Johnsbury Caledonian, August 17, 1883

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The directors of the St. Albans Trust company have made a statement, by which it appears that the company, at the time of suspension, had on deposit with the Vermont National bank the sum of $20,000, and held demand paper to the amount of $35,000, which was secured by pledge of stock of that bank. When this paper was discounted, the stocks of the Vermont National bank was considered to be worth more than par and the security was regarded generally as of the highest order. It is of course hoped that a considerable portion of this $55,000 may yet be saved to the company.

9. August 20, 1883 Orleans County Monitor Barton, VT
Article from Orleans County Monitor, August 20, 1883

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same points, leaving Boston at one o'clock p. m. and running through to Chicago in forty hours. The body of Timothy F. Griswold, a well-known citizen of Burlington, was found on the shore of Lake Champlain just above the city on Wednesday evening. It is not known whether the result was an accident or suicide. It appeared to have been in the water twelve hours. Mr. Griswold had been in the insurance business here many years, and was one of the best known men in the city. He was about 30 years of age, unmarried, and for years past has been in poor health. The directors of the St. Albans Trust company have made a statement, by which it appears that the company, at the time of suspension, had on deposit with the Vermont National bank the sum of $20,000, and held demand paper to the amount of $35,000, which was secured by pledge of stock of that bank. When this paper was discounted, the stocks of the Vermont National bank was considered to be worth more than par and the security was regarded generally as of the highest order. It is of course hoped that a considerable portion of this $55,000 may yet be saved to the company.

10. September 5, 1883 The Vermont Watchman Montpelier, VT
Article from The Vermont Watchman, September 5, 1883

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Current Mention. SERVICES will be conducted by Rev. H. F. Hill at Wright's Mills at half-past two 'clock P. M., next Sunday. A GENERAL term of the supreme court is ordered to be held at Montpelier on the fourth Tuesday of October next, the 23d. A RECEIVER has been appointed for the Vermont Copper Mining company at Vershire; also for the Goddard mine at Corinth. MR. WRIGHT is to hold a meeting in the cemetery school house, Middlesex, next Sunday at half-past two o' clock in the afternoon. THE Howard Park fair opens next Monday. the From present indications the exhibition will be largest and finest ever known in this state. THE remains of Mrs. Dorcas Leonard, formerly of Worcester but more recently of St. Albans, were brought to her old home yesterday for interment. IT has been decided that a cent stamp partly on the wrapper and partly on the newspaper constitutes a sealed package, and will go only to the dead letter office. NELSON SHOREY of Plainfield enters the lists for the prize on long ears of corn, having sent one to this office which is thirteen inches in length. Who beats it? APPEARANCES seem to indicate that the Rutland National Bank, of which John B. Page is president, is getting into rather deep water and some interesting developments may be expected soon. THE premium lists are out for the sixth annual fair of the White River agricultural ciety to be held at Bethel September 18th, 19th soand 20th. There is a good line of premiums for stock and agricultural products and $200 is ofExted in three parses for horse trotting THE ninth annual meeting of the Woman's Christian Temperance Union of Vermont will be held at West Randolph Thursday and Friday, September 20th and 21st. An interesting programme has been prepared, including an address Friday evening by Miss Frances Willard, president of the National Woman's Christian Temperance Union. ON the morning of August 27th a son of Mr. Murphy, who lives in Sharon about two miles from South Strafford, was accidentally shot. A thirteen-year-old son of Mr. Murphy had loaded a gun, intending to shoot at a woodchuck, and the gun was accidentally discharged, striking back a younger brother, six years old, in the of the neck, killing him instantly. RECEIVER RICH of the St. Albans and pany has satisfied himself that there are available assets sufficient to pay the good depositors fully thirty per cent of their claims. which What may be realized hereafter from assets able may be regarded as doubtful he is unat present to form an opinion, but will communicate with his judgment to the depositors, a detailed statement of the situation, as soon as possible. IT is stated that the directors of the Lamoille county fair are having a hard time in securing some one to deliver the annual address, they of have decided to compromise the so deliver the usual it entirely. Two or three of to secure if an member of the board but omitting rectors ened who to influential wished shall Ingersoll address, possible, question threat- the by the resign if this was persisted in, and whole matter was dropped. Therefore, 80 there will be no address. BETWEEN the Christian Messenger of pelier and the unchristian Messenger Mont- of week. Albans, THE WATCHMAN had a hard time St. We decided, however, to get out last see more if issue before giving up the fight, one itor of we were entirely demoralized The just to Barre, the former paper, Rev. J. R. Bartlett edevidently has a very poor opinion of this of paper and its publisher, for which we are duly our sorry, but being unable to help it, we shall do best to struggle along under his consure. TWENTY-FIVE Italians employed on the moille Valley extension railway near Swan- Laton, struck for increased wages Captain Hawley, one of the contractors, Saturday. powerful man, visited the Italian ters and ordered the strikers off the railroad quarproperty, and on their refusal jumped the gang and began and after a dozen had terror seized the remainder and through the windows and the midst jumped served out gravel doors, of throwing been rushed the into they thus men the to pit and began work. THE Rutland Herald makes some comparisons Albans between the statements Savings company and of the in and Trust Company, as This WATCHMAN, and very Trust contrast between the says dend which pays six per cent is in a state of the broken bank of the St. health, Trust Alban is simply the tween and dishonesty; and between honor and tween and usual for postmasters to detectives or others interested in pected persons information derived of letters passing IT from the wisdom; has Company, and Company fidelity honesty violent and Trust Bank been fraud." through pertinently superb difference between dishonor; tracing their Montpelier Montpelier published of from financial give the telling hand divi folly sus th be be St or The requests to forward addresses post-office correspondence this department now decides practice must not continue, but know tha edge of a personal character acquired by

11. September 14, 1883 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, September 14, 1883

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The St. Albans Trust Company. ST. ALBANS, Vt., Sept. 13. Receiver Rich of the St. Albans Trust Co., after examination of the property of the Norwood Lumber Co. in Northern New York, which is indebted to the Trust Co. some $312,000, reports it can be made to realize $365,000 if he is allowed reasonable time to dispose of the same, thus leaving a balance of $53,000 to the owners after paying all claims.

12. September 17, 1883 Orleans County Monitor Barton, VT
Article from Orleans County Monitor, September 17, 1883

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THE ST. ALBANS TRUST COMPANY.Receiver Rich of the Trust Company has returned from the examination with an expert of the Norwood lumber property in northern New York, which is indebted to the St. Albans Trust Company for $312,743, and makes this statement of the estimated status of the property: 41,498 acres of land, valued at $92,193; timber privilege, $2000; three mills and 43 houses and stables, $108,835; lumber, laths, shingles, etc., $159,510; camp equipage, tools, haul horses, wagons, etc., $1140; goods and store accounts, $18,214, making a total of $392,162. Deducting preferred claims to New York parties, $56,526, and adding estimate of lumber at present rates, leaves $365,636 to satisfy the Trust Company indebtedness of $312,743. This would leave a balance of $52,593 to the owners after paying all claims. The assignee is confident that he can realize the estimated amount if he can have reasonable time. The Receiver promises a supplementary report in a day or two.

13. September 19, 1883 The Vermont Watchman Montpelier, VT
Article from The Vermont Watchman, September 19, 1883

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The St. Albans Trust Company. The notable incidents of the past week in the affairs of this company are the report of the receiver on the value of the Norwood lumber property, the institution of insolvency proceedings against Lawrence Brainerd, the attachment of the property of the directors of the trust company at the suit of the creditors and stockholders of the company, and the failure of F. L. Brainerd, a grocer in St. Albans, formerly a partner of Lawrence Brainerd under the firm name of F. L. Brainerd & Co. The report of Receiver Rich on the Norwood property is published in another column. With feeble artifice the Messenger credits the receiver's statement long enough to give THE WATCHMAN a puny dab; balances on the fence for a day in a haze of doubt and incredulity, and on the next, in a non-committal way, descends from its perch, impelled apparently by a correspondent's pungent review of the Norwood showing. There is a refreshing plainness and directness in what the Messenger's correspondent, who is a depositor in the ill-fated company, has to say and we crave our contemporary's pardon for quoting from that communication rather than from its able leading article. The Messenger's correspondent says: You stated last week that the receiver would this week, in company with an expert lumberman, proceed to northern New York and examine the property there and report to us the result. Norwood is about one hundred and twenty miles from St. Albans. The receiver and expert, I understand, went there on Monday night, examined something on Tuesday, returned on Wednesday and made up the report published in your Thursday's paper. The most prominent things in the report appear to be eulogies upon Governor Colton; Mr. Ashley, president of board of trustees in Norwood village, and Mr. Brainerd. The dispatch with which the immense property was examined beat all past record; but, as a result, we have estimates on about forty-two thousand acres of land, three mills and forty-three other structures, lumber, logs, etc., camp equipage, horses, etc., goods and store accounts, at over $390,000. Was ever appraisal madeso quickly ?

14. September 24, 1883 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, September 24, 1883

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# BRIEF TELEGRAMS. At Lockland, O., Philip Kuhn struck Ezekiel Lee with his fist and killed him. The passenger steamer Gem City was burned at St. Louis on Saturday. Loss, $60,000. Engineer John Ball was killed near Akron, O., in a collision between a freight and passenger train. The steamships Main and Elbe, which arrived at New York from Europe, brought 2,500,000 francs. Judge Ruffin, of the Supreme Court bench of North Carolina, has resigned on account of ill-health. It is said that a Liverpool clique owns every pound of the 30,000 tierces of lard stored in Chicago. The Democratic cancuses in Boston, which were not broken up with rows, elected Butler delegates. Mrs. William S. Reynolds was thrown from a runaway carriage at Poughkeepsie, N. Y., and instantly killed. At Lampasas, Texas, on Friday, fire destroyed a half square between Third and Fourth streets. Loss, $20,000; insurance, $8,000. A negro named Archie Johnson was hanged in Richmond county, North Carolina, for attempting to outrage a white girl six years old. A Holiness camp-meeting has been opened on the Bethel grounds at Visalia, Ky. There are representatives from nine States present. At Aurora, Neb., E. Royce, station agent, was found with his skull fractured and robbed of $400 in money, a gold watch and a revolver. The Laclede Rolling-mill, at St. Louis, Mo., which suspended operations several months ago, will be started up again during the present week. The Georgia Legislature will adjourn on Wednesday and start the following day for the Louisville Exposition, which they will reach on Friday. Two miners, Pat. Sullivan and John McNeil, were killed on Saturday morning by a cave-in on the Iron Hill Consolidated mines, near Leadville, Col. The ceremony of conferring the pallium on Archbishop Eider, set for Sept. 30, at Cincinnati, has been postponed without date, owing to the delay in sending the pallium from Rome. Lawrence Brainard and five other directors of the suspended St. Albans Trust Company have been indicted for violation of the penal clause of their charter. Brainard's bail was fixed at $50,000. Rev. J. Boynton, of Stanton, Mich., a prominent Methodist minister of that State, was found in a dying condition on the sidewalk near his house on Saturday evening, and he expired shortly after. It was probably a case of heart disease. "Slippery Jim," a highway robber, escaped from the Iowa penitentiary the other evening, and while large bodies of men were hunting for him he returned to the prison and robbed the house of the warden, getting away with his plunder. Five women who arrived in New York by the steamer Republic, and who declared that they brought nothing dutiable, were forced to witness the taking of $5,000 worth of merchandise from their baggage and clothing. One of the smugglers is said to be Miss E. Lorden, a dressmaker of Chicago. Sebastian Heine, of Glodbach, Rhenish Prussia, charged with embezzling 50,000 marks while at the head of the municipal insurance system of Glodbach in the early part of August, and absconding therewith, was arrested at St. Louis on Saturday evening, at the house of his sister-in-law. The oil well supply houses in Bradford have particulars of the sinking of two wonderful wells in Roumania. From one of them the oil gushed forth with the power of a cyclone, wrenching the machinery from its place. As the oil ran down the valley it formed a river, and banks of sand thrown out from the well with the oil were deposited three miles away. Oil well machinery of all kinds and a force of experienced workmen have been sent to this new oil region from Bradford.

15. September 28, 1883 St. Johnsbury Caledonian Saint Johnsbury, VT
Article from St. Johnsbury Caledonian, September 28, 1883

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five, an increase of three over 1882. Each institution was personally visited during July and August, and their condition was generally found to be satisfactory. He found a few investments in securities not authorized by law, which have since been disposed of, at his request. The report will treat at considerable length, and in a comprehensive manner, of the suspension and affairs of the St. Albans Trust company. The following is a summary of the report: Whole number of depositors, 46,318, an increase of 3,735 over 1882; total amount of deposits, $14,050,647.08, an increase in amount of deposits during the year of $1,375,377.37. Non-residents have deposited $2,612,278.29. The average amount to the credit of each depositor is $300.33. There are 28,476 depositors of less than $250, whose deposits amount to $2,301,516.47. There are 202 depositors who have over $2,000 each to their credit. There has been $421,243.74 credited to depositors for interest and $35,767.82 as dividends to stockholders in trust companies. The present undivided earnings, interest and surplus is $223,519.23. Loans on personal security are $453,012.54 more than in 1882. The item of cash on hand amounts to $151,136.82.

16. October 12, 1883 The Middlebury Register and Addison County Journal Middlebury, VT
Article from The Middlebury Register and Addison County Journal, October 12, 1883

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State Meros. W. H. Lombard's house. about a mile from Montpelier, was burned Saturday night with most its contents; loss about $2,500; insured. A general term of the Supreme court is ordered to be held at Montpelier, commencing the 23d. There are 87 cases on I the locket; 12 of them have been heard once, but are ordered to be re-argued. 6 Black diptheria has made its appearance in the southern part of Alburgh, and is raging with terrible malignity. Three deaths have occurred and there are three very bad cases, the result of which has not yet transpired. A new golden text was brought out in one of our Sunday schools last Sunday, when a little four-year-old girl rose and repeated for her lesson the following: thant Dod for my new baby brother?"-St. Johnsbury Caledonian. The business portion of Passumpsic village was burned on Sunday. The fire originated in the Passumpsic Pulp company's mill, which was destroyed, with Smith & Golbraith's rake factory and E. T. & H. K. Ide's flour mill; total loss about $20,000, insurance $9,000. Friday morning, at Roxbury, Mrs. J. P. Warner's hotel, barn and dwelling house, and Erastus Spaulding's two barns, 50 tons of hay and sleighs were burned. The origin of the fire was incendiary. Loss $4,000; partly insured. A remarkable man was Alexander Nelson, who died at Ryegate, August 11. He was born in the same town July 18, 1802, and always lived on the home farm. The points for which he was noted were his great size and strength. He was six feet four inches in hight barefoot, and weighed 225 pounds. Alexander, known as "Big Alex," was quite spare and lean, but of great strength, so that he could lift a large cask full of cider and drink from the bung-hole, The insolvency proceedings against Bradley Barlow of St. Albans will set aside his transfer of real estate to the Vermont national bank, leaving its only assets of $501,000 in railroad bonds. Receiver Hendee must sell these bonds at 67 cents on the dollar if he pays the depositors in full. The Canadian Pacific offers 50 cents for them and Hendee is trying to get more. If the insolvency proceedings against Lawrence Brainerd are sustained they will set aside his transfer of $40,000 worth of property to the St. Albans trust company, and the outlook for the depositors grows more and more discouraging. The Howe Scale company of Rutland, which has been for some months in embarrassed circumstances,has surrendered all its property and notes and bills to W. Cramton, John A. Sheldon Barrett, men of Rutland. who of the works and ness and possession John Rockwood well-known have will taken here- busiafter carry on the business as trustees or managers. These men represent the syndicate which has been entered into the by 22 of the citizens of Rutland for purpose of keeping the works running, it being agreed among the members of the syndicate that they will lend their credit and guarantee the paper of the trustees or managers to an amount not exceeding $100,000 at any one time. These trustees or managers are to carry on the scale business in their own name, without any connection with the Howe Scale company, and will raise money and pay off the employees at once, and the other indebtedness of the company as soon as possible. When all the debts of the company are paid it is understood these trustees and managers are to surrender the property to the Howe Scale company.

17. October 24, 1883 The Vermont Watchman Montpelier, VT
Article from The Vermont Watchman, October 24, 1883

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Current Mention. "WHOM I have joined together let no other man put asunder," is the way a young Bennington justice marries them. REV. HOWARD F. HILL of Christ church intends to hold religious services in the school house at Irasville, Waitefield, on Sunday next at four o'clock, P. M. AT the annual meeting of the stockholders of the Vermont & Canada railroad, which occurred last Thursday at Bellows Falls, it was voted to adjourn until December 18th, the object being to allow the Central Vermont to remove certain obstacles still in the way of the completion of the proposed compromise. THE goneral term of the supreme court convened yesterday at ten o'clock, with Judges Royce, Ross, Powers, Veazey, Taft and Rowell in attendance. The term promises to be of short duration, as a large number of long chancery cases were heard and disposed of at the May term of Washington county supreme court. J. M. HAVEN was arrested last week on complaint of State's Attorney Howe and arraigned before Justice Bailey, charged with over-issuing stock of the Rutland railroad in June, 1881. He waived an examination and gave bail in the sum of $6,000, A. C. Bates and his son, Frank A. Haven, recognizing in that sum. RECEIVER RICH has made a proposition to the depositors' committee of the St. Albans Trust Company looking to the formation of a syndicate to take the Norwood property and handle it in the interests of depositors. The receiver looks upon this mode of procedure as the only means at his command to see that victims of the Trust Company have a fair representation at the coming sale. THE Phoenix tells a joke on 'Forbes" of the Journal. It says: "Forbes thinks he was a little previous in remarking to a young lady, who was one of a bridal party on the train between Westminster and Brattleboro, Wednesday afternoon, that it was no use trying then to make the bridegroom talk to anybody but his wife, 'but wait two years and he would be ready enough to talk to somebody else!' The only trouble with Forbes was he didn't know

18. November 28, 1883 The Vermont Watchman Montpelier, VT
Article from The Vermont Watchman, November 28, 1883

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# Current Mention. REV. J. H. HINCKS is to conduct the services at Wrightsville next Sunday at two, P. M. OUR premium announcement is crowded out this week, but the offers still remain good. GOOD hard wood, four feet in length, is wanted at this office in payment for subscriptions. A LIMITED quantity of fruit and vegetables of good quality will be taken on subscriptions at this office. CLAIMS against the St. Albans trust company to the number of nearly five hundred still remain unproved. CONSIDERABLE correspondence has necessarily been condensed and much entirely omitted this week for lack of space. EVERY subscriber who does not now have Good Cheer, should read the notice headed, "Change of time," in the first column on this page. THE court of chancery has given orders to S. M. Gleason, Esq., the receiver of the Ely mines, to smelt out what ore there is on hand, and the furnaces will be put in order for work at once. THE Union says that the Caledonian just "bearly" escaped being an interesting paper last week. We fear there may be a jealous feeling bruin between these dispansers of mental pabulum. THE following epitaph is found on a grave stone near Rutland: Here lies Darius, who died of late, His spirit flew straight to heaven's gate, There Gabriel met hin with a club, And beat him back to Belzebub. ELEVEN persons showed their good judgment by subscribing for THE WATCHMAN Monday, and our confidence in the ability of mankind to appreciate a good thing is being daily strengthened by liberal additions to our list. Keep right on doing so, friends. ONE of our lady readers sent for some extra copies of last week's WATCHMAN on account of that story headed, "Honest for a Day," with the remark that she tried the same thing once with even worse results than were set forth in our columns. Truth is often stranger than fiction. WATCHMAN: "Good hard wood, four feet in length, is wanted at this office in payment for subscriptions." Don't you want some dried apples? Clipper. Yes, we will take even dried apples, if you are ready to square up the balance due THE WATCHMAN for exchanging with the Clipper. A COMPANY has been organized for the pub-lication of the Rutland Review, under the name of "The Review Company." The articles of incorporation are dated November 12th and were filed November 21st, with the following corporators: Charles Sheldon, B. W. Marshall, H. W. Love, Jewett P. Cain. The name of Charles Sheldon would seem to be a guaranty of financial backing. "IN a Tight Fix," among the selected articles in this WATCHMAN, will interest the boys and girls and "the children of a larger growth" too. "The Lost Manuscript," and indeed everything in the departments of selected literature, are fresh and breezy, entertaining and instructive. Do not omit the pages on which these things are found. They are a very essential part of a good family paper, for old and young, and the object of particular pains. THE Reformer comes to the front with the following retort at the expense of our neighbor around the corner: "The Argus attempts to be facetious in calling attention to an item in the Reformer of November 9, relative to the bar association meeting October 23-25. It adds: 'It is rearly amusing.' 'Rearly' is good. We presume the Argus means by this 'as seen from the rear.' As long as the Argus keeps in the rear of the Reformer, this journal will find no fault with its prospect from that quarter, however 'amusing' it may be." A MONTREAL dispatch says that Sheriff Quesnel of Arthabaska seized the whole of the South-Eastern railway Thursday, but a compromise was made regarding the movables. The seizure was for a claim of $20,000 by the township of Wickham. The sheriff has forwarded to the official Gazette a notice of sale for January 28th. Ex-Governor Hendee of Vermont, receiver of the bank, is now in Montreal endeavoring to arrange Mr. Barlow's affairs in regard to the South-Eastern road, which are daily becoming more complicated. MRS. POLLY BOLTON, a lady eighty-nine years of age living alone in her house in the village of Snowsville, in the town of Braintree, was burned to death and the house and contents entirely consumed Saturday night just before twelve o'clock. The fire, it is supposed, caught from a chimney, which burned out early in the evening. When the fire was first discovered it was so far advanced that entry to the old lady's room was not possible. She was probably suffocated by the smoke, and charred portions of her remains were found in the cellar. MONDAY evening the heavens to the north of this village were brilliantly lighted by a fire which occurred on the old county road in East Montpelier. The buildings burned were owned by Horace O. Stewart, and comprised a house, shed, barn and some small out-buildings. Mr. Stewart did not occupy the place, but was at work there in the early part of the evening and had gone to the barn with a tubular lantern, but had not been near the place at which the flames broke out; and, there being no defect in the lantern, it is believed that the fire was the work of an incendiary. Five head of cattle perished in the flames. Several wagons and sleds, and some farming implements were also destroyed. THERE will be a hearing before Judge Royce at St Albans, December 7th, on a petition of the Central Vermont and the Consolidated company, that the Central Vermont railroad company may be discharged as receivers and managers so far as the possession and management of said roads are concerned, on such terms and conditions as the court may pre-

19. January 4, 1884 Vermont Phœnix Brattleboro, Bellows Falls, Ludlow, VT
Article from Vermont Phœnix, January 4, 1884

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STATE AFFAIRS. -A sensational marriage has just come to light at West Pawlet. For the past year Henry Hitt and Jennie Braymer, 15-year-old daughter of James Braymer, a prominent farmer in the town of Hebron, have been keeping company. After a few weeks of courtship they became engaged. They sought the consent of the young lady's parents but it was refused. Christmas day the couple started out for a ride, as they informed the family. They immediately drove to the parsonage at Hebron, N. Y., where the service of the Baptist minister was secured, and they were soon pronounced man and wife. Hitt is six feet and three inches in height, while his youthful bride will scarcely reach four feet ten. It is believed the devoted lovers will finally receive the paternal forgiveness, though at present the Braymers are highly indignant. -Last Sunday Gen. Edwin R. Yale died of malarial fever at Bennington. Gen Yale was born August 8, 1804 at Meriden, Conn., and was a descendant of Thomas Yale, the brother of Elihu Yale, the founder of Yale college. He rose to the rank of brigadier general in the Connecticut militia, and about 1836 purchased the United States hotel in New York. Several years afterward he assumed control of the Mansion house, Brooklyn, where he remained thirty five years, when he retired to his estate in Bennington. His funeral was held in New York. -Burlington Free Press: "A party was to be given at the residence of one of our Burlington society leaders, and on the day before the event, as usual, a number of regrets were sent in. Among others was one brought by a bright-faced little boy, the top of whose head was several inches below the door bell. The lady of the house, hearing him ring, went to the door herself. 'Hullo!' said the youngster, sociably, as he held out his little tinted missive. 'Here's a note from my ma. She can't come to your party--but she could if she wanted to.' And with a bright smile of satisfaction the little messenger took his departure." -The Trenor W. Park home for destitute women and children at Bennington has been organized with these officers: President, Gen. John G. McCullough; vice-president, Frederick B. Jennings; secretary and treasurer, George W. Harmon. Mr. Park left the home its building and 200 acres of grounds, which cost $25,000 outside of the elaborate improvements, among which is the highest single jet fountain in existence, throwing water to a height of 198 feet. His heirs will carry out his plans for the endowment of the institution. -Early Sunday morning fire was discovered in a row of wooden buildings situated on Main street, Middlebury. The fire caught in the upper part of a building owned by W. W. Swiney. Owing to an accident to the fire engine and other causes, a delay of over an hour was caused after the fire was discovered. The buildings were of a very inflamable nature and burned rapidly, and it was nearly three o'clock before the fire could be got under control. The losses are: W. W. Swiney, $1,200; Geo. McCue, saloon $500; H. B. Dodge, hardware stook, $1,000; T. H. McLeod, $2,000; S. E. Meekin, barber, $750. A few others lost slightly on the surrounding buildings and on goods injured by removal. -The Central Vermont Masonic association is to hold its fifth annual session at Hartford, the evening of January 25, with a ball at Pease's. -The Argus fears "that the prospect is not very flattering for a large dividend to the depositors in the defunct St. Albans Trust company. The Norwood Lumber company property has passed into the hands of the receiver, and is more likely to be a source of expense than profit, with a $27,000 mortgage on it." -The third annual reunion of the Burlington commercial travelers' association was held last Saturday evening at the Van Ness House. The association numbers 90 members, representing wholesale houses and manufacturing concerns in Burlington. It was estimated that the leading mills and firms in the city employ 4000 hands, and pay out wages aggregating one million dollars a year. -A fire in H. Cowden's building at St. Johnsbury, Tuesday morning, caused damage of $2000 to the building and $4000 to the stock of M. W. Angier, shoe dealer, one of the occupants. Angier was filling a kerosene lamp near a burning lamp, and the oil ignited. J. J. Roderer, cigar-maker, was also burned out. -Gen. W. W. Henry, United States marshal, has just returned from North Carolina, where he has left an invalid son. -A. W. Higgins, W. E. Green and C. H. Hyde, have formed a co-partnership for the establishment of a wholesale drug concern at Rutland. -Bishop De Goesbriand has appointed Rev. Father J. C. McLaughlin of Brandon the successor of the late Father O'Dwyer at Bennington. -The annual session of the Grand Loege of Good Templars will be held in St. Johnsbury on the 16th and 17th of January. -The next annual winter meeting of the Vermont Dairymen's Association will be held at St. Johnsbury Jan. 23d and 24th. An excellent programme will be offered, and the

20. November 13, 1885 The Middlebury Register and Addison County Journal Middlebury, VT
Article from The Middlebury Register and Addison County Journal, November 13, 1885

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St. Albans Trust company, which is in the hands of a receiver. Of these, four have deposits exceeding a million dollars each, viz: the Vermont Savings bank, Brattleboro, deposits $2,030.934; the Rutland Savings bank, $1.579.716; the Burlington Savings bank, $1.415.138, and the St. Johnsbury Sayings bank $1.279,769. The whole number of depositors in all the savings banks and trust companies in the State at the date of the reports was 46,778, an increase during the past year of 941, and 460 more than there were two years ago. There was to the credit of such depositors on the 30th day of June last $13,699,231.63, showing a decrease in amount of deposits during the past year of $25.059.90, and in the past two years of $351,415.45. Of the total amount of deposits in the different savings banks and trust companies, $11,300,362.53 belong to depositors living in this State and $2,398,869.10 to non-residents. The average amount to the credit of each depositor is $292.86, a decrease of $6.50 as compared with one year ago.

21. March 5, 1886 Middlebury Register Middlebury, VT
Article from Middlebury Register, March 5, 1886

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Ex-Postmaster Wood of South Londonderry has a large contract from New York parties to furnish toboggans for next winter's sales. The sizes called for are from three to six feet in length and 18 inches wide. They cost to manufacture from $12 to $96 a dozen, and are made of birch, maple and ash. The women of Rutland, who are building up a free public library, have organized into a corporation with these officers: President, Mrs. Julia C. R. Dorr; vice-president, Mrs. Beaman; secretary, Miss Strong; treasurer, Mrs. John Cramton; directors, Mrs. Henry N. Baxter, Mrs. Dr. Putman, Mrs. Henry Clark, Mrs. Patrick, Mrs. L. G. Kingsley, Mrs. L. W. Redington and Miss Daniels. Thus far $5417 has been pledged. Owing to the severe gale which prevailed on Friday, the Burlington carnival visitors were few, the principal ones present being the Montreal clubs. The only contest was the hockey games for gold and silver medals. The Montreal amateur club won first prize, beating the Crystals of Montreal with one goal and the Van Ness club of Burlington with three goals for a silver medal. Coasting and tobogganing were in full blast at intervals during the day and the week's programme ended in the evening with a grand carnival ball at which there was a large attendance of fashionable people. Receiver Rich of the defunct St. Albans trust company has bargained for the sale of the Norwood Lumber company's property in northern New York which is the only remaining asset of the broken institution. The sale, so far as can be learned, is to a syndicate of New York men, and includes the mills and other property at Norwood, for which $40,000 is to be paid, and the buyers get the refusal of the rest of the company's property, including some 35,000 acres of wild land. If this sale is carried out in good faith, it will prove the beginning of the end of the trust company's affairs. As matters now stand, however, no dividend can be paid, unless a decree of the court of chancery to that effect is secured. The amount obtained from the sale is far below what the property was worth when President Brainerd of the trust company failed. A St. Albans dispatch of Tuesday says: A peculiar accident occurred this morning to the fast Boston express from Montreal, due here at 10:50 a. m. Just as the train reached the crossing, a short distance from St. Albans station it was thrown from the track down into a meadow. The engine kept the track, but the baggage car, Pullman and ordinary coach went off. The baggage car was upset, but the other two cars pushed it one side and moved along in the meadow some 25 or 30 rods, keeping to right side up. Nobody was hurt at all and another train was immediately made up, leaving for Boston only about half an hour late. The supposed cause of the accident is the spreading of the rails, as though the track is in excellent condition at that point, and the officials cannot see why the rails should spread.

22. March 10, 1886 The Vermont Watchman Montpelier, VT
Article from The Vermont Watchman, March 10, 1886

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Weekly News Summary. Vermont. THE Burlington carnival expenses we $3,577.40. THE Salvation Army in Rutland recent initiated eleven recruits. THE demand for houses in St. Albans greater than for some years. JAMES DWIRE of West Charleston, whi scuffling, broke his collar-bone. THERE were 64 marriages 117 births at 91 deaths in St. Albans last year. THE United States court in session at Bu lington has adjourned until April 6th. BENJAMIN F. WILLARD has been a pointed postmaster at West Dummerston. BRATTLEBORO voted $4,000 for a soldier monument and $1,200 for a public library. GEORGE D. KIDDER has been appointed be postmaster at Plainfield and R. J. Gle son at Waitsfield. THERE is a gang of fire-bugs at work Fairhaven, and all attempts to ferret the out have so far proved fruitless. G. R. GUERNSEY, nominated for postma ter at Windsor, is ason of Rev. G. S. Guer sey, the Universalist clergyman. A. S. MOODY'S dwelling-house at Ira burg was destroyed by fire last week Thu day. Loss $1,500; insured for $1,000. DR. F. C. BURBANK of St. Albans B died March 2, of pneumonia, aged sixty-fiv He had some reputation as a cancer doctor THE spring detachment of the Vermo colony, located at Loyalton, Dakota, start last week from St. Albans. It number forty persons. RECEIVER RICH of the St. Albans Trt Company has sold the Norwood Lumb Company property to a New York syn cate for $40,000. JOSEPH MERCHANT of Windsor, Thursd afternoon, while handling a revolver, sh his four-years-old daughter in the hea She died in a few hours. THERE is prospect of a Vermont colle base-ball league, of which the University Vermont, Middlebury College and the Lew College clubs will be members. THE members of St. Paul's church, Bt lington, are trying to raise the $40,000 name in Mr. Howard's bequest of $20,000 for foun ing a school for girls at Rock Point. HOLLIS L. POWERS, the deceased propri tor of the Grand Central Hotel at Ne York, set apart in his will $30,000 for t erection of his monument at Ludlow. THE Charles P. Harris Manufacturi Company of Rutland have recently I ceived an order for 10,000 chairs from Massachusetts house. They also have lar orders from New York. DEPUTY COLLECTORS ARMINGTON at Kelley resigned from the St. Albans cu tom-house March 1, and Edward Gorma and J. N. Culver have received appoir ments. Mr. Kelley has been elected const ble in St. Albans. C. M. SPAULDING, president of the Bt lington Trust Company, resigned last Mo day. General William Wells was elect in his place. Mr. Spaulding retains his i terest in the company and the executi committee remains the same. FRED BRATTON was arrested at Fort An N. Y., last week, on a warrant chargir him with stealing cattle from a farmer Stamford, where he formerly resided. Bra ton owned that he and others had stolen t. cattle, and was taken to Stamford. M. B. WHEELOCK of White River Jun tion, who has been in the employ of t Central Vermont railroad on repairs Windsor until recently, has been taken the insane asylum at Brattleboro. His co dition was brought on by overwork. QUARTERS have been secured at the Bat House for Governor Pingree and staff an the officers attending the school of office of the First Regiment this week. The vis ors will also be given a complimentary ba quet at the Bates House this evening. WILLIAM K. VANDERBILT of New Yo has ordered from S. O. Miner, a local fa cier at Brattleboro, a lot of eggs for a $2 rosewood incubator, which was recent bought at the Madison Square poultry show Miner took the first prize there on Silve spangled Hamburgs. AT the meeting of the state committee the national prohibition party held in Bu lington, recently, Rev. George L. Story St. Albans, W. L. Pearl of St. Johnsbu and Alvah George of St. Albans were chose a committee to prepare a plan for organiz tion in full detail for the coming year. FRANK CARPENTER, who was a lieutena in the Eighth Vermont Regiment, has amor his rebellion relics copies of the Richmon

23. March 22, 1886 Orleans County Monitor Barton, VT
Article from Orleans County Monitor, March 22, 1886

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STATE NEWS ITEMS. Rutland has had twenty-four alarms of re in the last ten months. The Salvation Army claims twentyight converts in Burlington. Ex-Governor J. Gregory Smith spent Sunday before last in the City of Mexico. The freight traffic has been heavier on he Central the last ten days than for early two years before. Sugar-making has already begun in ome parts of the state. The yield promses to be fully an average one. The Philharmonic Society of Burlingon proposes to hold its next annual muical festival in that city the last week in fay. Colonel A. F. Walker of Rutland is at assau, New Providence, one of the Baama islands, for the benefit of his ealth. Receiver Rich of the St. Albans Trust Company will have nearly $90,000 on and when the Norwood money is paid ver to him. The initial number of a new weekly ewspaper, to be called the Rutland Exress, will be issued April 1st, with Jewtt P. Cain as editor. John Jones of West Pawlet was last riday seriously injured by the premaure explosion of a blast at the Rising & Jelson red slate quarry. Homer A. Lyon of Bennington has purhased a kaolin or white clay bed at South Vallingford. It is said to be the finest lay yet mined in the country. Hon. Frederick Billings left New York he other day with his wife, daughter nd other friends, in his private car, for - trip to Atlanta and New Orleans. It is expected that the first volume of he History of the Odd Fellowship in Vernont, covering the time from 1845 to 870, will be completed during the year. Hon. Peter Buchanan of Barnet died n Sunday, aged seventy-eight. He repesented the town in the legislature, and vas elected assistant judge of the county. Louise Clemens, claiming to hail from Dorset, was arrested in Rutland last veek on a charge of forging notes. She

24. November 5, 1886 Burlington Weekly Free Press Burlington, VT
Article from Burlington Weekly Free Press, November 5, 1886

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The Supreme Court. Among the cases heard in the Supreme Court Wednesday were the town of Sheldon against the State of Vermont, in which the issue is a petition for rebuilding a bridge, John E. Sennott against the L. V. and St. J. and L. C. railroad, and Receiver Rich of the St. Albans Trust company against the directors of that corporation. In the last case the receiver seeks to make the directors personally liable for the money squandered by Lawrence Brainerd, one of their co-directors. The defence is that the directors knew nothing about the diverting of the funds by Brainerd. The plaintiff claims that they should have known, and that it was plain neglect of duty, for which the terms of the charter make them personally liable."