First National Bank (Buffalo, NY)

Episode Information

Episode UID
23500988
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
2350 national
Charter Number
235
Start Date
April 14, 1882
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
00adfbaefbca2b81

Response Measures

None

Receivership Details

Depositor recovery rate
43.5%
Date receivership started
1882-04-22
Date receivership terminated
1892-04-30
OCC cause of failure
Fraud
Share of assets assessed as good
39.1%
Share of assets assessed as doubtful
5.2%
Share of assets assessed as worthless
55.7%

Description

Federal examiner took possession and Comptroller appointed a receiver; later criminal charges against the president followed.

Events (4)

1. February 5, 1864 Chartered
Source
historical_nic
2. April 14, 1882 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Mismanagement: excessive loans/discounts relative to small capital; drafts dishonored by New-York correspondent and heavy unpaid drafts to livestock dealers.
Newspaper Excerpt
The First National Bank closed its doors and suspended payment this morning.
Source
newspapers
3. April 22, 1882 Receivership
Source
historical_nic
4. April 25, 1882 Receivership
Newspaper Excerpt
Comptroller Knox has appointed Elisha T. Smith receiver for the First National Bank of Buffalo; receiver appointed for the First National bank at Buffalo, N. Y..
Source
newspapers

Newspaper Articles (20)

Article from New-York Tribune, April 15, 1882

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BANK FAILURE IN BUFFALO. THE FIRST NATIONAL SUSPENDS-TRYING TO DO A LARGE BUSINESS ON A SMALL CAPITAL. |BY TELEGRAPH TO THE TRIBUNE.] BUFFALO, April 14.-The First National Bank closed its doors and suspended payment this morning. The news caused considerable excitement in bustness and financial circles. A number of depositors and others called at the bank to make inquiries, but little definite information could be obtained, Last Wednesday drafts amounting to $65,000 were thrown out by the New-York correspondent, the Fourth National Bank. The president of the Buffalo bank, E. Porter Lee, went to New-York to endeavor to tide over the disaster, but returned early this morning unsuccessful. He says that the bank will pay a hundred cents on the dollar, but whether it will resume business he could not say. He attributes the failure to an attempt to do a large business on a small capital, and this is doubtless correct. The capital was only $100,000 and the loans are said to have exceeded $1,000,000. According to the last quarterly statement of the bank, the deposits were $566,000. The general feeling is that the crash is a bad one and the affairs of the institution are in a far more shaky condition than represented. East Buffalo stock dealers were patrons of the bank, and some of the heaviest dealers are said to be seriously affected. The United States District Court has about $80,000 on deposit in the bank; the City of Buffalo, $26,500; the County Treasurer, $12,000. It was generally known yesterday that the affairs were in a critical condition, but the general belief was that a satisfactory arrangement could and would be made. The checks paid yesterday, however, aggregated about $30,000. United States Bank Examiner Hugh Young arrived in Buffalo last night on his regular tour of inspection, and this morning took possession of the bank and began an examination, which he expects to conclude to-morrow. It appears from the reports of the bank made October 1, 1881. and March 12, 1882, that during that period the deposits fell off $246,836 81, whereas the amount of its loans and discounts increased $238,213 24. On March 11 there was due from other banks $33,740.75 less than on October 1, and due to other banks $216,869 03 more than on that date. President Baldwin, of the Fourth National Bank, which has been for more than eighteen years the NewYork correspondent of the Buffalo bank, said that the fallure was due entirely to efforts to do too large a business. The Buffalo bank, he said, had a capital of only $100,000. but its deposits were nearly $1,000,000. He deprecated fraud in the failure. Checks of the Buffalo bank were thrown out on Wednesday for the first time, but the amount of them, Mr. Baldwin said, he did not know. On Thurday he had ordered paid more than thirty checks, which did not amount to over $1,500, because he thought it would be less trouble to pay them than to send them back. He said that the president of the Buffalo bank called on him on Thursday, but proposed no plan for relieving the bank of its embarrassments. No additional securities to protect its checks were offered. The cashier of a prominent Wall Street bank said that the failure would have no appreciable effect on the other Buffalo banks. " You see," he said, that this bank had $100,000 capital, but its officers thought that they had several millions, and managed their business accordingly."


Article from The Daily Gazette, April 15, 1882

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GENERAL NEWS. The steamship Strassburghantive at Baltimore yesterday from Bremen with 1700 emigrants, who all went to the North, west by rail lableven ing. e In the Star Route cases in Wash ington yesterday, counsel for Dorsey Brady and others filed a motion for a bill of particulars. The motion specifies each Contract in which the papers are asked and fills 44 pages of type writing. The Mayor and Alderman of Water town, Wisconsin, after levying the tax for the next year's expenses, resigned on the 10th inst., to avoid service of a judgment for $24,000 rendered against the city by the U. S. Court. The act passed by the New York Legislature amendatory of the Criminal Code, with special reference to the murderer Sindram, was signed yesterday by Governor Cornell. Under its provisons Sindram's counsel can apply for a new trial. The Connecticut House of Repre sentatives vesterday passed resolutions requesting the pardon and reinstatement of Sergeant Mason; also, resolutions asking Congress to take action for the relief of Ameri can citizens imprisoned as "suspects.' In the Massachusetts House of Representatives yesterday, two members charged that a railroad lobby was engaged in corrupting representatives; one of them had been offered that morning "a yearly pass if he would change his vote.' A committee was appointed tojinyes tigate the matter. In the Dom nion Senate yesterday a bill legalizing marriage with a deceased wife's sister was passed by a vote of 34 to 11. The First National Bank of Buff Alo, New York, suspended yesterday morning. The suspension is attributed simply to bad management, the volume of business transacted being greater than was warranted by the capital. If there is any loss it will fall only on the stockholders. The president of the bank says it "can pay all liabilities and leave the stock worth considerably above par." The trouble "seems to have been that the bank has tied up too much in long loans." A committee of the National Land League Association called upon the President yesterday and presented the resolutions of that body in rela tion to American citizens abroad land asking the recall of Minister Lewell. The President received them cordially and said he would "give the matter his early attention. Alfred Stimmel has been appointed Internal Revenue Gauger for the First District of Pennsylvania. At Recreation Park, in Philadel phia, yesterday, the Worcestar (Mass.) Base Ball Club defeated the Philadelphia Club by a score of 5 to 3.-The Athletics, of Philadelphia, defeated the Atlantics, of Breoklyn, at Oakdale Park, by a score of 18 to 3. Christian Born, of Lancaster, Pa., committed suicide yesterday by banging. U. B. White, Treasurer of Newberry county, South Carolina, has disappeared, being in default of $8000, which he is supposed to have lost in gambling. In the United States Court at Charleston, yesterday, a nolle prosequi was entered in the election case against Chreitzbarg. In the other cases al. ready tried, argument was concluded and the cases were given to the jury. No verdict had been returned at eight o'clock in the evening. James M. Reeder pleaded guilty yes terday at Allentown of having embez zled $3000 from the Lehigh Valley Kailroad Company while clerk. He was sentenced to be imprisoned one year and to return the amount stolen.


Article from Daily Globe, April 15, 1882

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Bank Shut. BUFFALO, April 14.-The First National bank has closed its doors. A large number of drafts issued to live stock dealers which were drawn on the Fourth National of New York on the 4th inst. and since that date, were yesterday dishonored in New York. The extent of the drafts unpaid cannot be ascertained just now; but it is ehought to be large. The failure will closely effect a large number of cattle dealers who sent these drafts in payment for stock sold by them. It is believed depositors will be paid in full. MISMANAGEMENT DID IT. BUEFALO, N. Y., April 14.- The government bank examiner in charge of the bank reports that the cause of the suspension of the First National bank of this city, so far as now apparent was through misma nagement only.


Article from The Salt Lake Herald, April 15, 1882

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Business Failures. New York, 14-The business failures for seven days, as reported to R. G. Dun & Co's commercial agency, number 122, as follows: Southern states 38, western 34, middle 19, eastern 22, pacific and territories 8, New York city 6. ThePoughkeepeie ironland steel company suspended, as also the New York and Boston manufacturing company. The other feilures in this city are unimportant. Buffalo, N. Y., 14-The first national bank has closed its doors. A large number of drafts issued to livestock dealers, drawn on the fourth national of New York, on the 4th inst., and since that date, were yesterday dishonored in New York. The extent of the drafts unpaid cannot be ascertained now, but it is thought large. The failures will seriously affect a large number of cattle dealers, who sent these drafts in payment for stock sold by them. It is believed that depositors will be paid in full.


Article from Seattle Daily Post-Intelligencer, April 16, 1882

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A Sister Cone. CLEVELAND. April 15. Mrs. Alfa Boynton, the only sister of grandma Garfield, died today at Hiram, aged 75 years. Nayes's Generosity. Ex-President Hayes sends $250 to the Garfield monument fund. Caucus. WASHINGTON. April 15.- caucus of Republican Representatives was in seasion tonight from 8 until 11:30. The attendance was not.large, but the proceed ings vereanimated. Speeches were made on the Tariff Commission bill, contested elected cases and manner of proceeding with the business of the session. The resolutions were adopted providing for prompt action in all matters pending. It was ascertainee that by next Monday the majority would have all its members present, with possibly one or two exceptions. The resolutions referred to favor 11 o'clock for the hour of meeting hereafter, and provide that night sessions may be held whenever practicable; that the Tariff Commission bill shall be passed assoon as the debate is concluded. and the election cases must be pushed forward and disposed of as rapidly as possible during the reminder of the present term. It will also decide the present rules are broad enough in their scope to allow the majority to proceed in the manner indicated. Excursionists Arrived. DENVER, (Col.) April 14.-The first section of the Raymond excursion from Boston arrived here today. Postal Stealing Complaints continue to reach the Postoffice Inspector regarding loss of monev, drafts, etc., from mails while enroute from Colorado to New York. The amount is estimated at nearly a million dollars since December. Detectives are nonplussed. Oscar in a Mine. Oscar Wilde visited Governor Tabor's Matchless mine at Leadville last night about midnight. He was shown through the underground workings. Found Eight Years After. CHICAGO, April 15.-Ex-Governor Burbank, of Dakota, is now Postoffice Inspector here. He was one of & dezen passengers in a stage which was robbed by the James gang near Hot Springs, Ark., eight years ago. He was robbed of a gold watch and chain and a diamond pin, worth $900. He has received information from Marshal Craig, of St Joe, that his property was found among the effects of the late Jesse James and will be returned to him. Shepherd to be Restrained. WASHINGTON, April 15.-Several members of the committee think they will not longer permit Shepherd to do all the talking, but will direct the examination themselves, and will arraign him before the House if he is contumacious. Political Arrangement. About a dozen members of the Re publican National Convention met to day. and after discussion unanimously favored the Republicans in the South uniting with the liberal Democrats, who will work with more enlightened political sentiments for a free ballot and a fair count, and oppose the Bourbon Democrats. A repolution was adopted for a meeting of the convention on the fourth Wednesday of January, 1883, and directing the special committee appointed ih 1881 to report a plan for giving Congressional districts representation in the next National Conven tion, Kicked Out. F. W. Moffat, Paying Teller of the Treasury cash room, has been dismissed. T. r. O'Connor's opinion. CHICAGO, April 15.-Thomas Power O'Connor says he raised $40,000 in the west for the Land League. He could scarcely express the pleasure he experienced over his cordial reception in the chief cities of the west, and spoke of California as being "God's own country," where the climate was ever glorious and the people intelligent, freehearted and generous. Mr. O'Connor was asked what he had observed us 8 stranger in a serange land in respect to the Chinese question. "That," replied the agitator. "appears to be fairly an American question, and I will not discuss it. Whether the movement to drive them out is just or unjust, the people of the Pacific coast, so far as was able to judge, were unanimously ngainst them.' The Broken Bank. BUFFALO, April 15.-The First National Bank, which suspended yesterday, hold an enviable financial position, al. though rumors have been flying that the young President was speculating too much in change. The bank's last statement showed assets of $1,337,000. Liabilities, outside of stocks, $1,130.000. It had $80,000 in United States contract money, $26,000 in city and $12, 000 in county funds. secured by almost worthless bonds. Large defalcations are rumored, bat officials deny it. President Lee days the bank did too large discount. Gallean's Latest. WARHINGTON, April 15.-Gaiteau in his sereed to the American people says: "Nearly every day I notice something in the papers from Seoville's cranked brains, and in self-defense I hereby notify the public they have nothing to do with me. I never employed Sooville. and never intended be should have any thing to do with my case, as he is not my kind of a man, and he has been the a went into he ever since nuisance


Article from The Silver State, April 17, 1882

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TELEGRAPREIC ITEMS. W. S. Lockwood, a horse trainer, and manager of A. McFarlaud's stables, in Napa City, California, was shot and instantly killed by John F. Zollner, ex-Sheriff. Zolluer and officer McGee, of St. Helena, were walking up Main street, when Lockwood came out of Grigsby's saloon. Zollaer stepped forward, saying: "Here's the I'm looking for!" and, placing a large-sized navy revolver within a few inches of Lockwood's head, fired, killing him instantly. The ball entered the right side of the face near the temple and came out behind the left ear. The First National Bank, which suspended Saturday at Buffalo, N. Y., held an enviable financial position, although lately rumors have been flying about that the young President was speculating too much in Chicago. The bank's last statement showed assets $1,337,000; liabilities, outside of the stock, $1,130,000. It had $80,000 in United States Court money, $26,000 city and $12,000 county funds, secured by almost worthless bonds. A large defalcation is rumored, but the officials deny it. President Lee says the bank did too large a discount business. Complaints continue to reach the Postoffice Inspector regarding the loss of many drafts, etc., from the mails while enroute from Colorado to New York. The amount stolen since December is estimated at nearly $1,000,000. The detectives are nonplussed.


Article from The Democratic Press, April 20, 1882

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THE First National Bank of Buffalo closed its doors and suspended business on Friday morning. A large number of drafts issued to live stock dealers drawn on the Fourth National Bank of New York the 4th inst. and since that date, were dishonordd in New York the day previous. The extent of the drafts unpaid cannot be ascertained now, but it is thought to be large. The failure will seriously affect a large number of cattle dealers who sent these drafts in payment for stock sold by them. It is believed depositors will be paid in full.


Article from The Elk County Advocate, April 20, 1882

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NEWS OF THE WEEK. Eastern and Middle States. THE demands of the carpenters in New York city for an increase of wages have been quite generally complied with. VOGEL BROTHERS, a Hong Kong (China) firm are charged with swindling Boston merchants out of about $500,000 by shipping what purported to be a eargo of hemp worth $30 a bale, but which upon inspection proved to be largely made up of Canton matting worth only $5 a bale. English and French merchants are said to have been swindled by the same concern out of $4,000,000, the method in their case being to forward bales made up of fourth-grade silk and shavings valued at $10, while the orders were for first-grade silk worth $300 a bale. JOHN F. SLATER, of Norwich, Conn., one of the leading manufacturers of the country and the wealthiest man in his State, has decided to give $1,000,000 for the education of colored people in the South. It is proposed to have the fund for that purpose put in the hands of trustees, under the laws of New York, and an act of incorporation has been introduced in the New York legislature. The trustees are to be Rutherford B. Hayes, who is to be first president of the board; Chief Justice Waite, President Gilman, of Johns ; the of Hopkins Brooks, university Boston; Governor Rev. Dr. Colquitt, Phillips of James P. Boyce, A. of the son of Georgia; Slater, Norwich, of Kentucky of the William giver Wm. the and John A. Stewart, E. Dodge and Morris K. Jessup, city. fund, of New York death TWENTY-NINE horses were burned to a fire in New York. CHARLES M. DAVENPORT, thrice the Demofor cratic candidate governor of Vermont, aged fifty-one died a few days ago at Brattleboro, years. SEVENTY survivors of the First Virginia Infantry, ex-Confederate soldiers, came on from Richmond to Trenton, N.J., where they were the guests of Wilkes Post, 23, G. A. R., and were handsomely entertained. THE late Dr. Edward S. Beadle, of Poughkeepsie, N. Y., left $104,000 to various charitable and other institutions. THE attorney-general of Pennsylvania has brought suits against 213 mutual insurance in on the charge companies, the State, comprising nearly that every they annual company have state- no: complied with the law by making ments THE libel suit brought by the Rev. Samuel D. Hinman against Bishop William H. Hare in the New York supreme court ended in a verdict for the for sum for and the was was $25,000, p`aintiff $10,000. long trial The watched sued with great interest by many clergymen and laymen. A FIRE at Titusville, Pa., resulted in the destruction of the opera house and the Parehall house and serious damage to other property. A colored man was burned to death, a fireman was seriously injured and the pecuniary damage inflicted is about $300,000. THE First National bank, of Buffalo, N. Y., It had a capital of $100,000, has the suspended. suspension is said to be and cause of the due to mismanagement. THE great New York dry goods house of A. T. Stewart & Co. announce that they have dediscontinue business, and manufacturing termined to their offer dry their goods for stocks sale. and of merchandise and mill properties Various causes are given for this action, one being that Judge Hilton and Mr. William Libby, who constitute the firm, having plenty of money, do not care any longer to be burdened with the details of such a vast business JUDGE HILTON says that the firm of A. T. Stewart & Co. was retiring from business because the partners were tired of the heavy that the firm was a solvent. It responsibility; business and was is estimated doing large that at the death of A. T. Stewart in 1876 $22,000,000 were invested in the concern, including stock, warehouses, mills and about $2,500,000 in cash. Leading merchants declare goods ready that New the house York has dry been declining ever since Mr. Stewart's death; that the management was not good; that the removal of the a and that great mistake, wholesale Stewart house loss uptown & of Co.'s Hebrew was trade was seriously affected by the patronage, occasioned by Judge Hilton's announcement a few summers ago that Jews were not wanted as at the hotel, Hilton Saratoga. Judge guests denies, Grand however, Union firm. that any Hebrew patronage was lost by the R.J.S. THOMPSON, president of the Washing and were arrested on the and (Pa.) Savings bank, charge of Ruth, conspiracy bail. the cashier, robbing the institution, and gave FIVE men were digging a tunnel at Fisher's Ore bank, near Leesport, Pa., when the whole mass of earth caved in. Two of the men were killed and two others seriously injured.


Article from Huntsville Gazette, April 22, 1882

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YUT TELL NEWS AND NOTES. A Summary of Important Events. A. T. STEWART & Co., of New York, are winding up their affairs. BLAINE as to be heard by the committee on Chileno-Peruvian matters. THE Mormon conference at Independence Mo., has adjourned to meet next year at Lamoni, Iowa. THE President thinks that he can do All nothing in the Fitz John Porter case. the Cabinet concur. THE April report of the Department indicates an two of Agriculture wheat increase acreage. of per cent. in the winter Mexican commander on the Rio has stationed troops Grande THE opposite Laredo, and Americans are not allowed to cross. UNITED STATES troops are expelling stockmen from Cherokee lands on account of non-payment of the tax levied by the Indians. PROCEEDINGS have been instituted in Pennsylvania to make 213 insurance companies show cause why their charters should not be surrendered. A PLOT for the assassination of the Egyptian Minister of War has been discovered at Cairo, and many Circassian officers have been arrested for complicity. So deeply charged with electricity was the atmosphere, between Chicago and the Atlantic coast on the 16th, telegraph wires were operated without batteries. AT Philadelphia, Pa., on the 15th, six or thousand at meeting eight expressed indignation workingmen Chinese the in action mass- bill. of the President in vetoing the PRESIDENT ARTHUR'S reception to the officers of the army and navy. the other night, was a brilliant affair. He was assisted by Mrs. Frelingbuysen and Miss Folger. : THE Saints at Salt Lake have been advised their in the gentiles. cle boycott by preachers the Gentile discharg taberna- merchants will probably retaliate by ing all Mormon employees. ON the ground that it should have been to the Probate of Loomis has refused to Judge presented Court the appointment consider Chicago, the petition of Mrs. Scoville for of conservator for the estate of Charles J. Guiteau, and quashed a summons thoughtlessly issued by a deputy clerk. THE convention of the National Land at resocontinuance of in Ireland. lutions League siting urging a Washington of James adopted the policy Mooney of was elected enpassive Buffalo resistance president League for receipts the suing year. The total Land in this country since the Buffalo convention were nearly $300,000. THE First National Bank of Buffalo has concern of $100,000, and suspended payment. reported The loans and has of Hugh Examiner, finds ernment discounts capital Bank $1,054,849 Young, that $80,000 Gov- and of Federal court funds are unsecured, $88,000 in city and county deposits rest upon poor bonds. THE Irish Catholics of Turners's Falls, Mass., have decided to "Boycott" L. a member of the Grand Jury which for who Father McCarthy. indicted Rist, shot manslaughter David The boycotters McMillan, think should have on a of murder. charge McMillan Father been improper indicted Purcell told the people that Rist asked an question in the jury room. THE following Presidential nominations have been confirmed by the Senate: W.E Chandler, of New Hampshire, Secretary of the Navy; W. H. Hunt, Louisfana, Minister to Russia; J. R. Partridge, Maryland, Minister to Peru; John H. Smythe, North Carolina, Minister to Liberia: Wm. Williams, Indiana. Charge d'Affairs to Paraguay and Uruguay; John J. Knox, Minnesota, Comptroller of Currency. R. W. City, Iowa, was killed a burglar on STUBBS, by Mayor of Polk the 15th. Mr. Stubbs and wife were sleeping in a and at an early mornIng Stubbs was chamber, Mrs. awakened hour in by the her hearing husfootsteps on the stairs. Arousing band he rose in bed and asked Who is there?' The answer was, "You lay still or you'll shot." Mr. person out of the house up from and as he did so the to get get Stubbs and told sprang reflection the of flashed on at he was shot, the dark the same bed, lantern instant was his the face heart. bullet and entering his breast and piercing his He reached the head of the stairway, when he fell dead and rolled to the bottom of the stairs. By the light of the lantern Mrs. Stubbs discovered there were two burglars. They rushed out of the house after firing the fatal shot, mounted horses and fled. THE Secretaria


Article from The Portland Daily Press, April 26, 1882

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WASHINGTON. The Star Route Cases. WASHINGTON, April 25.-The - Rerdell star route case has been postponed until to-morrow when ex-Postmaster-General James and other witnesses are expected to testify. Sergeant Mason's Case. Arguments on the petition of John A. Mason for writs of habeas corpus and certiorari began in the United States Supreme Court this afternoon. The counsel for the respondent opposed the petition on the ground of nonjurisdiction of the Supreme Court in the matter and that the sentence of the court martial is entirely within the latter's discretion. When the court (adjourned Major Gardner had not concluded his argument and will continue to-morrow. The Lowell Bankruptcy Bill. The bill reported to the House yesterday by Mr. Humphreys, from the judiciary committee-to establish a uniform system of bankruptcy-is what is known as the "Lowell bill." Many of the amendments are unimportant, such as the substitution of the word "commissioner" for "register," etc. The more important amendments are to section 8, so as to provide that the final judgment, decree or order of the Circuit Court having jurisdiction in all questions properly arising in the Courts of Bankruptcy as such, in whatever mode they may be tried, shall be reviewed by the Supreme Court. Section 27 is amended to provide that when it shall appear by the affidavit of a creditor that a debtor is about to leave the country to avoid the payment of his debts or to the obstruction of the settlement of his estate, the Judge shall issue an order summoning the debtor to appear before him and make answer to such questions as he may deem necessary. The amended bill uses the term "trustee" instead of "assignee," and provides that the "commisioner" shall, ex-officio, be trustee unless the creditor shall select one. The bill further provides that any creditor whose claim has been allowed may, upon giving proper bond, bring an action in the name of the trustee, and for the benefit of the estate to expange the proof of any debt which may have been allowed, or to set aside any transfer of the property made in fraud of this bankrupt act. Miscellaneous. The Prosident has sent to the Senate the nomination of James Brady, Jr., collector of customs at Fall River, Mass. The President and party, including Secretaries Chandler and Lincoln, Adjutant-General Drum and others, will leave to-morrow at midnight on the Tallapoosa to attend the closing exercises of the artillery school at Fortress Monroe. The party expect to return Saturday morning. Comptroller Knox has appointed Elisha T. Smith receiver for the First National Bank of Buffalo:


Article from Daily Kennebec Journal, April 26, 1882

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FROM WASHINGTON. The Star Route Cases. WASHINGTON, April 25. The Randall star route case was postponed until Wednesday, when ex-Postmaster James and other witnesses expect to testify. The Mason Case. The argument on the petition of John A. Mason, for a writ of habeas corpus and certiorari began in the United States Supreme Court, Tuesday afternoon. The counsel for respondent opposed a petition on the ground from jurisdiction of the Supreme Court in the matter, and that the sentence of the court martial was entirely within the latter's discretion. When the court adjourned Major Gardner had not concluded his argument and will continue tomorrow. The President to Visit Fortress Monroe. The President and party, including Secretaries Chandler and Lincoln, Adjutant General Drum and others, will leave tomorrow at midnight on the Tallapoosa to attend the closing exercises of the artillery school at Fortress Monroe. The party expect to return Saturday morning. Receiver Appointed. Comptroller Knox has appointed Elisha T. Smith receiver for the First National Bank of Buffalo. Arrested for Rifling the Mails. Thomas H. Russler, deputy postmaster at Martinsburg. W. Va., was arrested todav charged with rifling the mails of registered letters. Nominations. The President sent to the Senate today the nomination of James Brady, Jr., to be collector of customs at Fall River.


Article from Morning Journal and Courier, April 26, 1882

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The Contested Elections-Southern Republicans Anxious for Early ActionProposing to Demand Prompt Attention-Arguments in the Mason CaseOther Matters. WASHINGTON, April 25. The southern Republicans in the House were a good deal agitated to-night over the course of Republicans who voted with the Democrats to lay over the contested election cases and take up the tariff bill. They say the contestants have been kept out of their seats too long already and they do not propose to let matters rest longer, but will demand of their party as an act of simple justice that the cases be taken up at once. In the Mason case before the Supreme Court Major Asa Bird Gardiner, of counsel for respondent, followed Mr. Liddy, opposing the petition on the ground that first, the Supreme Court has no jurisdiction to issue the writs prayed for, because its original jurisdiction is restricted to a case affecting ambassadors and other public ministers and consuls, and to those in which the State is party, and because under the Constitution it possesses no appellate power in any case unless conferred upon it by act of Congress; secondly, that "the general court martial which tried the petitioner had jurisdiction over the crime of which he was convicted and for which he was now serving his sentence; thirdly, that upon the facts stated there was no proper case presented to justify the issuance of the writs prayed for: fourth, that the general court martial having jurisdiction the sentence awarded was within its discretion under the articles of war. The ar gument was not concluded. Comptroller Knox has appointed Elisha T. Smith receiver of the First National bank at Buffalo, N. Y. The Cabinet to-day formally considered the Fitz John Porter case without coming to a conclusion and also discussed the question of American citizenship abroad. The Presi dent notified the Cabinet that he had concluded to send a message to Congress on the subject of the western cowboys. A member of the House Foreign Affairs committee is authority for a statement that the commitee are not much interested in the question of the extent of their authority to compel Shipherd to answer questions. They believe he has told all he knows of any importance and that his reticence on some points is only a part of his plan to create the impression that be is possessed of valuable unrevealed information. The House Committee on Patents to-day directed a favorable report to be made to the House on a bill providing that no action for damages or proceeding in equity shall be sus tained, nor the party held liable under sections 4,919 or 4,921 of the Revised Statutes, for the use of any patented article or device when it shall appear on the trial that the defendant in such action or proceeding purchased said article for a valuable consideration in the open market. The sixty-third anniversary of the founding of Odd Fellowship will be celebrated to-morrow by a parade and banquet. Specific instructions have been given to Lieutenant Healy, commander of the revenue steamer Corwin, to lay out a good season's work after the delivery of the crew of the Rodgers at Sitka. If practicable the Corwin will go as far as Point Barren; cruising until October 20 gathering geographical, nautical and cen.u statistics and protecting American fisheries.


Article from The Iola Register, April 28, 1882

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THE First National Bank of Buffalo has suspended payment. The concern has a capital of $100,000, and reported loans and discounts of $1,054,849. Hugh Young, Government Bank Examiner, finds that $80,000 of Federal court funds are unsecured, and $38,000 in city and county deposits rest upon poor bonds.


Article from The Portland Daily Press, May 19, 1882

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MINOR TELEGRAMS. The jail at Westminster, Maryland, was burned yesterday. The prisoners were savee. In DesMoines, Iowa, $2300 have been subscribed for the capture of the Irish Assassins. The Northwestern packing and provision establishment at east St. Louis was burned at midnight. Loss $10,000. No bid was made for the Sprague estate at auction yesterday, and the sale was adjourned without delay. Oliver Holt's woolen mills at Swarthmore, Pa., was burned last night with its contents. Loss $40,000. A. Porter Lee, president of the defunct First National Bank of Buffalo, N Y., was arrested yesterday on complaint of Receiver Smith in a suit to recover $200,000 belonging to depositors of the bank. Mrs. Helen M. Slocum of New York, a well known public speaker and leader of the woman suffrage part", is dead. Ex-City Treasurer Winans of Newark, N. J., was indicted yesterday for falsifying the books of his office. A serious fight among white miners at Harrisbury, Alaska, is reported and that a number were killed.


Article from The Salt Lake Herald, May 20, 1882

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Crime. Lebanon, Ky., 18.-Rose Osborne, & colored woman, and her daughter 10 years old, were murdered by unknown persons last night. The former was killed with a billet of wood, and the latter's throat was cut in bed. Buffalo, 18.-R. Porter Lee, president of the wrecked First National Bank, was committed to jail on complaint of Receiver Smith in the United States circuit court, for embezzlement of $200,000. Mount Vernon, Ills., 18.-Charles W. Yost was killed by W. A. Smith, city Marshal, understood to be on account of a political quarrel. The murderer mounted a horse and rode away. A posse IS in search of him. Syracuse, 19.-Miss Holmer was found not guilty of murder. This accords with the popular view. Chicago, 19.-Inquiry by specials a d by the Associated Press develops the fact that there are DO utusual outrages by Mollie Maguires at Shamakin and thereabouts. The official reporting them was bogus news. Keokuk, 19.-The Constitution's Fort Madison special: The jury returned a verdict of murder in the first degree against Poke Wells and Cook, who murdered the jail guard, and a verdict of murder in the second degree against Fitzgerald, who was an accomplice. The trial has been the shortest on record, lasting only two days. Wells and Cook are to be imprisoned for life, and Fitzgerald's sentence will be determined by the judge.


Article from The Salt Lake Herald, February 4, 1883

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One Caught. Buffalo, 3.-The receiver of the defunct First National Bank has obtained a judgment for $148,957 against Herman J. Hail, now on bail as accessary of President Lee, now in the penitentary on the charge of disposing of the funds of the bank.


Article from The Dallas Daily Herald, February 4, 1883

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will Suffer, BUFFALO, Feb. 3.-The receiver of the defunct First National bank obtained judgment for $148,957 against Herman Hall, now on bail, as accessory of President Lee, now in the peuitentiary, charged with the disposing of funds of the bank.


Article from Sacramento Daily Record-Union, February 5, 1883

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oners were placed in the dock. There was a painful pause when the witness Fitzsim- mons was called. The prisoners in the meantime shook hands with each other and joked among themselves, nodding to their friends. The reading of the charges that the prisoners did feloniously kill and slay Cavendish and Burke was greeted by the prisoners with loud laughter. Brady, O'Brien and McCaffrey were identified as the persons seen near the scene of the tragedy on the day of its occurrence. Fitzsimmons, who lodged in the house of Counsellor Carey, testified that he found secreted there the knives which the physicians swore could have made the rents in the clothing and wounds in the bodies of Cavendish and Burke. He was se- verely cross examined. His wife also identi- fied O'Brien and Brady. George G. Odder, a park ranger, identified Brady as one of the five men seen on a car the evening of the murder, and driving furiously. Powell, son of a small farmer, identified Brady and McCaffrey as lurking under the trees that evening. As each prisoner was identified there were loud exclamations in the Court- room, and the magistrate threatened to have it cleared. There was considerable commo- tion when all the prisoners were placed in the dock and remanded. ### Action of the French Senate. PARIS, February 33.-The Senate has de- cided that a committee on the expulsion bill shall be elected on Monday. The Right ad- vocated Monday, the Left Thursday, and the Left Center pronounced against the bill, but will compromise on a measure that is imper- sonal and general, and not directed against a particular personage. ### Plon Plon Bejected. PARIS, February 31.-During the removal of Prince Jerome to Auteul, a strong guard was placed about to prevent his escape. No visitors are allowed to enter the asylum where the Prince is placed. The prince has become very dejected. ### A Siberian Prisoner's Story. VIENNA, February 31.-A letter from a political prisoner in Siberia details the suf- ferings of the prisoners in the province beyond Lake Baikal. They are robbed, beaten and badly fed. The directors being informed, exclaimed it did not matter if the prisoners died of starvation. ### The Czar's Manifesto. BERLIN, February 3.1. - It is stated that the Czar has ordered the coronation manifesto to be ready for signature on the 20th of Febru- ary. ### The Salvation Army. GENEVA, February 3d. -The authorities of Neufchatel have prohibited evening meetings of the Salvation Army. ### A Steamship Lost. LONDON, February 3d-The steamship James Gray has foundered, and the officers and crew were lost. ### MISCELLANEOUS, The French Embassador at Vienna has re- signed. The Montreal fire was extinguished Satur- day morning, with little damage to the silk factory. Two students have been expelled from Austria, suspected of being concerned in the Socialist agitation at Berlir. The New York Mercantile Agency has pe- titioned Congress either to retire trade-dollars or make them on a par with the gold dollar. The Receiver of the defunct First National Bank of Buffalo has obtained a judgment for $148,957 against Herman J. Hall, now on bail as the accomplice of President Lee, now in the Penitentiary, charged with disposing of the funds of the bank.


Article from The Indianapolis Journal, February 6, 1883

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dered the vigorous prosecution of the offender, and the latter threatens to smirch his superior officers. Marcellus E. Thornton, editor and proprietor of the Atlanta, Ga., Post Appeal, has purchased the Atlanta Herald and consolidated tite paper. It will be published as the Evening Herald. In a conflict near Salmas, Mexico, between smugglers and custom house officers, four of the latter were killed. The smugglers captured a lot of contraband goods and escaped to the mountains. All the naval cadeta quartered on the Santee, saveseven in solitary confinement, were allowed to go to church Sunday, according to custom. There have been no new orders ou insubordination since Thursday. On Sunday afternoon an old German woman named Zilmendarf was found by a granddaughter, suspended from a garret rafter in the family residence at Milwaukee, The age of the suicide was eighty-one years and SIX months. The receiver of the defunct First National Bank of Buffalo, N. Y, obtained a judgment for $148,957 against Herman J. Hall, now on bail as accessory to President Lee, now in the penitentiary, charged with disposing of the funds of the bank. Divorce in Canada is a luxury beyond the reach of a poor man. Peter Nicholson, a customs inspector at Prince Arthur's Landing, is for the third time appealing to the divorce committee of the senate to free him from a woman now living in Detroit with another man. The wife of John Zahnika, a blacksmith at Milwankee, has been missing since Friday morning. under circumstances which lead to the be lief that she committed suicide. It appears fre m a statement made by her son that Mrs. Zahul a had become it monomaniae on the subject of religion, and as her husband and children were not in full religious sympathy, her home life for some time had been rather unpleasant. This probably led to her self-destruction. The missing woman is forty-eight years of age.


Article from The Delaware Ledger, August 18, 1883

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bank, in cash, $40.000, and the proceeds of the draft were mingled with the other moneys in the bank. A bill in equity was filed against the insolvent bank and its receiver-Illinois Trust and Savings Bank of Chicago VS. First National Bank of Buffalo-in the United States Circuit Court for the Northern District ef New York, to en force the equitable lien of the Chicago bank for this special collection, but the bill was dismissed. Judge Wallace, in the opinion, said: "It was undoubtedly a fraudulent act by the Buffalo bank in its hopeless insolvency to mingle the proceeds of the draft with its own funds, 80 that all identity was lost The cases hold that if a trustee converts a trust fund into money and mingles the money with other moneys, so that it is indistinguishable, the beneficiary cannot follow his fund into the hands of an assignee in bankruptey or an executor of the trustee, but he must occupy the position of a general creditor. The right to follow a trust fund ceases when the means of ascertainment fail, as is the case here." -Reported for Phila. Rocord.