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Receiver for Trust Company. Charleston, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust company of Montgomery, W. Va., on the application of President Champe and Vice President Simras, who alleged that Cashier McCormick had misappropriated funds, making the bank insolvent. Liabilities $50,000; assets $15,000, of which only $1,500 is in cash. Missing notes and security amount to $62,000.
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RECEIVER ASKED FOR. West Virginia Banker Accused Cashier of Misappropriating 860,000. Montgomery, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust Company on the application of the president. who alleges that Cashier McCormick misappropriated funds, making the bank insolvent. and that the missing notes and securities amount to $62,000.
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TRUST COMPANY FAILS. Charleston, West Va., Sept. 29.-A receiver was appointed for the Montgomery Banking Trust Co. of Montgomery, West Va. The cashier had misappropriated the funds, making the bank insolvent. There is $62,000 missing.
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Receiver for Bank Appointed. (By Telegraph to Virginian-Pilot.) Charleston, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust Company, of Montgomery, W. Va., on the application of President Champe and Vice-President Simras, who allege that the cashier misappropriated funds, making the bank insolvent. Liabilities are stated to be $50,000; assets, $15,000, of which only $1,500 in cash. Missing notes and securities amount to $62,000, it is alleged.
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INSOLVENCY OF WEST VIRGINIA BANK. Charleston, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust Company of Montgomery, W. Va., on the application of President Champe and Vice-President Simras. who allege that the cashier misappropriated funds, making the bank insolvent. Llabilities are stated to be $50,000; assets, $15,000. of which only $1,500 is cash. Missing notes and securities amount, It is alleged, to $62,000.
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RECEIVER FOR A BANK. Cashier Is Alleged to Have Misappropriated Funds. Charleston, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust Company or Montgomery, W. Va., on the application of President Champe, and Vice President Simras, who allege that the cashier migappropriated funds, making the bank Insolvent. Liabilities are stated to be $50.000; assets, $15,000, of which only $1,500 is cash. Missing notes and securities amount to $62,000, It is alleged.
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RECEIVERS APPOINTED For the Kanawha Traction & Electric Company-Follows Montgomery Bank Failure. CHARLESTON, W. Va., September 29.-The collapse of the Montgomery Banking and Trust/Company yesterday was followed to-day by the appointment of receivers for the Kanawha Traction & Electric Company, which has been building an electric railroad through Fayette county. The officers of the bank areistockholders in the Traction company. The receivers are George S. Couch, of this city, and George S. Wallace, or Huntington. The bank has not yet been opened. The officers stated to-day that the depositors would be paid in full.
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Receivers for Traction Company. Charleston, W. Va., Sept. 30.-The collapse of the Montgomery Banking and Trust Company Friday was followed yesterday by the appointment of receivers for the Kanawha Traction and Electric Company which has been building an elecMe railroad through Fayette county, The officers of the bank are stockholders in the traction company. The bank has not > been opened. Its officers stated yestenday that the depositors would be paid in full.
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A Bank In Trouble. A receiver has been appointed for the Montgomery Banking and Trust Company of Montgomery W. Va., on the application of President Champe and Vice-President Simras, who alleged that the cashier misappropriated funds making the bank insolvent. Missing notes and securities amount it is alleged to $62,000.
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Over $60,000 is Missing. Montgomery, W. Va.: A receiver has been appointed for the Montgemery Banking and Trust Company on application of the president who alleges the cashier, McCormick, misappropriated funds, making the bank insolvent. Themissing notes and securities amount to $62,000.
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A Bank Robbery. A receiver has been appointed for the Montgomery Banking Company, at Montgomery, Fafette county, this state. This bank started in 1897 with a capital of twenty-five thousand dollars, and it is alleged that its cashier has made way with sixty-two thousand dollars of its funds, leaving but fifteen hundred dollars on hand. As the result of an examination of the books of the suspended Montgomery Banking and Trust Company E W McCormick, its late cashier, was on Wednesday placed under arrest on a warrant sworn out by the bank's president, George W Champe, charging him with embezzlement.
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News of the Week. Lightning rod swindlers are at work in the Southern part of Pennsylvania and Western Maryland. Statistics shows that 544,2$8 children below 14 years of age are engaged in industrial pursuits in Germany. William Brown & Sons, wool dealers, of Philadelphia, have failed, with liabilities of over $1,000,000. Danjel Hotzapper, 89 years old, the oldest bachelor in York county, Pa., died at his home, in York township, last week. He had lived in that township all his life. II is estimated that the cotton damage caused by the recent floods and high water in Texas will reach 400,000 bales, worth at least $20, 000,000. Atthe close of business on last Saturday the banks of New York city had on deposit $877,210,800. and their circulation was $10. 110,800. The official number of bodies recovered from the debris at Galveston, Texas, is 5,000; beyond the city limits, and on the mainland over 1,000. A receiver was appointed Saturday for the Cumberland Building and Loan Association of Tennessee. Liabilities are stated to be about $144,000. Winfield Townsend. a negro, was burned at the stake at Eelectic, Elmore county, Alsbama, on Tuesday of last week. He assaulted a white woman and fully confessed. A tornado at Biwabic, in the Mesaba iron range of Minnesota, or Saturday, killed ten persons and destroyed property variously estimated at from $300,000 to $500,000. The assignment of the firm of Charles M. Lee's Sons, boot and shoe manufacturers, of Boston and Athol, is announced. The liabil ities are placed at $125,000 with assets not stated. A dispatch from Fort Worth. Texas. says that the losses caused by the storms and floods in various sections of the State since the Galveston disaster are estimated at $1,000,000. The rivers are still rising. In Chester and Montgomery counties, Pa., a small black flea is eating the wheat stored in barns and stacks, and hundreds of bushels have been destroyed. Farmers are rapidly threshing in order to save what is left. The Adams Mine powder house, at Eveleth, Minnesota, blew up Sunday evening, breaking every glass window in the city. No fatalities are reported. The shock was distinctly felt twelve miles from the scene of the accident. Representatives of the insurance companies believe that Marie Defenbach was murdered in Chicago, as the result of a conspiracy to secure $12,000 insurance, and Dr. August M. Unger, F. Wayland and Detective Frank H. Smiley were arrested. A general strike has been ordered in the cigar factories of Sanchez & Heya and Ar. guelles Lopez & Brothers, Tampa, Florida. About 1000 persons were thrown out of work The strike grew out of the employment of three non-union men. A receiver has been appointed for the Mont gomery Banking and Trust Company, of Montgomery, W. Va., on the application of its officers, who alleged that the cashier misappropriated funds to the amount of $62,000, making the bank insolvent. Nearly one-half of the flour mills operating in Minneapolis closed last Saturday night for an indefinite length of time. The officials report the cause due exclusively to the late marked shortage in demand for flour. The foreign trade, it is declared, is practically dead. Eight days at sea in an open boat. with plenty of food but not a drop of fresh water, is the painful experience of Samuel Dutton and John Bauer. two Alaska miners, who started out from Nome September 15 to round the cape on a prospecting trip. They were caught in the great storm and blown out to sea, but were finally reseued by the steamer Centennial. A remarkable engineering feat is soon to be attempted in Boston-the moving of a six story brick and stone hotel building from one site to another without taking it apart. The ground upon which the building now stands is of a swampy character, and 780 piles will