Article Text
A Savings Company Assigns. NASHVILLE, Feb. 26.-The - Sheffield (Ala.) Savings and Trust Company bas assigned. The deposits are $20,000. The assets are said to be above the liabilities.
233. Sheffield Savings & Trust Company (Sheffield, AL)
Bank Information
- Episode Type
- Suspension โ Closure
- Bank Type
- trust
- Start Date
- February 26, 1892
- Location
- Sheffield, Alabama (34.765, -87.699)
Metadata
- Model
- gpt-5-mini
- Short Digest
717d68e992213d52
Response Measures
None
Description
Multiple papers (dated Feb. 26/27, 1892) report that the Sheffield (Ala.) Savings & Trust Company has assigned (assignment/receivership). No run or temporary suspension is reported; assignment indicates closure and appointment of a receiver. Deposits reported about $20,000 and assets are said to be above the liabilities.
Events (1)
1.
February 26, 1892
Receivership
- Newspaper Excerpt
- The Sheffield (Ala.) Savings and Trust Company has assigned. The deposits are $20,000. The assets are said to be above the liabilities.
- Source
- newspapers
Newspaper Articles (4)
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Article Text
Business Embarrassments. POTTSVILLE. Pa., Feb. 26.-There was a run on the Union National Bank, of Mahonev City, to-day, but the depositors found, after a comparatively small sum had been paid ont, that there was nothing in the report which bad been circulated to the effect that the bank had failed. Deposits were promptly handed over when demanded, and the officers of the bank declared they were prepared to meet all demands. No one knows how the rumor started. The Union National Bank has a paid-up capital of $100,000, with deposits amounting to more than double that figure. PITTSBURG. Feb. 26.-W. A. Lore, a citizen of Missouri, has filed a bill in equity in the United States Court asking for the appointment of a receiver of the Saltsburg Coal Company. The plaintiff is a stockholder and claims that the capital stock is $500,000. and that no dividends have been paid since 1887. He alleges fraud. CINCINNATI, Feb. 26.-A. Spiegler & Co., tanners, in the northwestern part of the city, assigned to-day to Otto Pfleger and Jacob Hurlscher. Assets and liabilities are about equal. and are estimated at $75,000. NEW YORK, Feb. 26.-Schedules in the assignment of Joseph W. Carroll, manufactnrer of advertising novelties, to Arthur Smith. state liabilities, $119,174; nominal assets, $32,848 and actual assets, $20,259. NASHVILLE, Tenn., Feb. 26.-The Sheffield (Ala.) Savings and Trust Company has assigned. The deposits are $20,000 and the assets are said to be above liabilities.
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Telegrams Boiled Down. The famous Dacoit leader, Boh Minlaung, has been captured at Kudoung. The Newmarket (N. H.) Savings Bank hassuspended. The deposits are about $191,000. Chile has declined altogether to participate in the World's Fair at Chicago on the plea that she cannot afford it. Dr. Volkovitch, the Bulgarian agent at Constantinople, who was stabbed Thursday by an unknown man, died yesterday. The total amount of gold ordered yesterday for Europe in New York was $750,000. Total since February 19th, $2,750,000. The Sheffield (Ala.) Savings and Trust Company has assigned. The deposits are $20,002. The assets are said to be above the liabilities. M. Bourgeois has abandoned his attempt to form a Cabinet for France, and President Carnot has now summoned M. Loubet to undertake the task. The British House of Commons yesterday, on motion of Mr. Balfour, Chief Secretary for Ireland, formally expelled Edward Decobain, Conservative member for West Belfast, who is & fugitive from justice. The Executive Committee of the National Committee of the People's party will meet at Omaha May 11th for the purpose of perfecting arrangements for the holding of the national convention of that party July 4th. Bieberstein, German Imperial Minister of Foreign Affairs, announced to the Budget Committee of the Reichstag yesterday that the government had determined not to abandon the German possessions in Southwest Africa. Attorney-General Atkins, of Arkansas, has filed a suit in chancery against ex-Treasurer Woodruff and his bondsmen for $150,000. This is the beginning of another chapter in the tamous State Treasury defalcation case. Chancery proceedings are about to open, following a writ served upon Mrs. Parnell and Justin McCarthy jointly, at the instance of Messrs. Redmond and Harrington and others, with a view to decide the custody of the Paris funds. Mossrs. Finiayson and Smith, directors, and Mr. Miller, manager, of the Australian Mercantile Loan Company, Sydney, N.S. W., have each been sentenced to seven years' imprisonment at hard labor for frauds perpetrated in connection with that institution. A. collision occurred late Thursday night on the Cincinnati Northern railroad near Norwood, six miles north of Cincinnati. The only passenger hurt was Mrs. Catherine Flynn, of Cincinnati, but her injuries are believed to be fatal. Engineer George Collins was killed. The Russian newspapers, with scarcely an exception, unfavorably criticise the speech of Emperor William at Brandenburg. They declare that the language used on that occasion is calculated to inspire doubt and anxi tv as to the stability of Emperor William's pacific intentions. It is reported in Paris that at a meeting of members of the party of the Right it was decided to modify the conse: vative policy, to accept the republic, and beneeforth to confine attacks to individuals and the conduct of the existing Ministry. A general meeting of the party is expected to make a declaration to this effect. John P. Sutton has tendered his resignation as secretary of the Irish National League of America to President Gannon. Under the existing constitution the secretary holds office by appointment of the President, and in view of the divergent opinions of Mr. Gannon and Mr. Sutton in regard to the recent address the latter considered it his duty to resign. The 178 negro emigrants from the Southwest who are stranded in New York city on their way to Liberia, were evicted from their temporary quarters at the Eighth-avenue mission yesterday by the Board of Health. The mission secured quarters for them in tenement houses in the neighborhood. They are said to be determined to stick together until March 10th, when & vessel salls for Liberia from New York. James Spurgeon, a brother of the late Charles H. Spurgeon, has provisionally assumed the duties of the pastorate of the Metropolican Tabernacle in London. Mr. Pierson was the most
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THE NEWS. The Indianapolis street-car strike has been settled by the appointment of 8 receiver, who was formerly superintendent.-M. J. Carpenter, president of the Duluth and Iron Range Raiload, has been chosen to succeed George W. Saul as president of the Chicago and Eastern Illinois. Burglars entered the postoffice at Slatington, forty miles north of Reading, Pa., and blew open the safe. A small amount of money and stamps were taken. The Supreme Court of Ohio, declared trust agreements made by the Standard Dil Company invalid. The Lima, Ohio, National Bank was closed by the bank examiners.-There was a reorganization of the officials of the Reading road.-Ex-Governor Holden, of North Carolina, died.โ Secretary Tracy gave his reasons for recommending the transfer of the marine service to the Navy Department. Martin, who married the widow of Dr. T. Clay Maddox, cut his throat in Lynchburg.Seven workmen were killed and several injured by a railroad collision in Milwaukee. -The Jersey coast was swept by a terrifie north-easterly storm, and much damage done at Asbury Park, Ocean Grove, Long Branch and other resorts. Heavy snow storms are reported from Pennsylvania and New Jersey. At Lancaster, Pa., the snow storm was ac. companied with a fall of worms.-Mr. Powderly, of the Knights of Labor, in reply to Attorney General Hense!, of Pennsylvania, notifying him to be present at a hearing to be given in the Reading Coal Combine matter, says he can swear to nothing, and yet is morally certain that such a combine exists. John B. Rehm, for three years vice presi dent of the Republican League of Pennsylvania, died at Lancaster, aged forty-!our.At Phoenixville, Pa., John Hughes fired at Head Watchman Dennis Kelly, missed him, but hit Chief of Police Moore in the arm. Hughesthen shot an. fatally wounded Policeman Carter, who tried toarrest him. Hughes is locked Fisk Improved Chloride of Gold Company, of Troy, N.Y., will be incorporated with a capital of $100,000.-A. Siegler & Co., tanners in the northwestern part of Cincinnati, assigned.-The York (Pa.) Match Company has sold out to the Diamond Match Company, of Chicago, for $200,000.-A prairie fire has been burning near Guthrie, Oklahoma, for several days. One little girl was burned to death,-The Sheffield (Ala.) Savings and Trust Company has assigned.-Engineer George Collins was killed and Mrs. Catharine Flynn, of Cincinnati, fatally injured by a collision of trains on the Cincinnati Northe n Railroad.-George D. Kelly, a prominent pigiron manufacturer, committed suicide at Sharpsville, ะ ะฒ.-ะt Raleigh, N, C., We ghtman Thompson has been sentenced to be hanged April 14, for the murder of W. W. Pearson, wife and two children last December.-Lewis Asher,a prominent merchant of Springfield, Ohio, died from blood poisoning, the result of a dog bite.โ a The plant of the Union Oilcloth Company, co-operative concern at Elizabethport, N. J., was destroyed by fire. Loss, $40,000; no insurance.-There is no truth in the report of the po sible consolidation of the Northern Pacific and the Baltimore and Ohio.-The funeral of John Gilmary Shea, the Irish historian, took place from St Mary's Church, Elizabeth, N. J. A committee appointed by the Illinois com. mandery, Loyal Legion, will solicit subscriptions for the purposeof erecting a memorial to General Sherm n.-J. B. Vush, postmaster at Dillon, Iowa, has confessed to the embe zzlement, from the government, of upwards of a thousand dollars, and has been bound over to the federal grand jury-Detective Neville, of New York, arrested Vincent C. Linden, who is wanted in Elizabeth, N.J., for larceny. -The resignation of President William C. Roberts, of Lake Forest University, has been accepted by the Board of Trustees.-Miss Tillie Johnson was released on bail, in MemHenry Holland & Co., wholesale fancy goods'dealers of Montreal, has made abandonment of the estate. Liabiliti S about chief of the Wheeling fire department and three firemen were seriously injured by a falling wall at the burning of a carriage factory.-Several new cases of typhus fever were reported by the New York health anthorities.-Smith, Gray & Co.'s big clothing establisnment and three other buildings in Brooklyn, N. Y., were destroyed by fire. Total loss over $500,000.-The backentine Jessie Mae arrived at Norfolk, Va., in distress. A destructive conflagration visited Hot Springs. Filteen business houses in the southern part of the city, including the new syndicate stone block in which the postoffice was located, were burned. fast stock train on the St. Paul Road brokeapart twenty miles east of Spring Valley. Twenty-five cars were ditched, four carloads of stock were killed, and Brakeman Fairbanks fatally injured.-It is stated that the third party will nominate Judge Gresham for the presidency. -President Ilvane, of the Delaware, Lackawanna and Western, denied all knowledge of the proposed consolidation.-William F. Keck, convicted of murdering Mr. and Mrs. William Ninch at Ironton, Pa., on November 18th last, was sentenced to be hung.-A boi explosion in the Savannah Florida,and