German National Bank (Newport, KY)

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Episode Information

Episode UID
272601211
Episode Type
Run โ†’ Suspension โ†’ Reopening
Bank Type
national
Bank ID
27260 national
Charter Number
2726
Start Date
November 17, 1900
Location
Newport, Kentucky (39.091, -84.496)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0c32a7fa6ff24726

Response Measures

Borrowed from banks or large institutions, Capital injected, Full suspension, Books examined

Events (5)
1. June 10, 1882 Chartered
Source
historical_nic
2. November 17, 1900 Run
Cause
Bank Specific Adverse Info
Cause Details
Depositors withdrew after reports and exposure of alleged embezzlement by assistant cashier Frank M. Brown.
Measures
Emergency funds ($200,000) were obtained from Cincinnati to bridge the trouble; officers issued statements; later stockholders planned assessments to recapitalize.
Newspaper Excerpt
During the run on the German National Bank last Saturday $200,000 was secured in Cincinnati to bridge over the trouble.
Source
newspapers
3. November 19, 1900 Receivership
Newspaper Excerpt
Comptroller of the Currency Dawes has appointed Oliver P. Tucker, national bank examiner, temporary receiver of the German National Bank of Newport, Ky.; Mr. Tucker telegraphed the comptroller that he had taken charge owing to the discovery of a defalcation amounting to about $195,000.
Source
newspapers
4. November 19, 1900 Suspension
Cause
Government Action
Cause Details
Comptroller ordered closure and examiner took charge after discovery of a large defalcation (~$191,000โ€“$201,000) by the assistant cashier.
Newspaper Excerpt
This bank is closed by order of the comptroller of the currency. (Signed) O. P. TUCKER, National Bank Examiner.
Source
newspapers
5. February 8, 1901 Reopening
Newspaper Excerpt
The suspended German National Bank, of Newport, Ky., has resumed business.
Source
newspapers

Newspaper Articles (24)
1. November 19, 1900 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, November 19, 1900

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Intimation that Bank Officials Made False Statements Regarding the Condition of the Institution. STOCK PLUNGER IN TROUBLE F. D. CARLEY, GOTHAM BROKER, DECLARES HIMSELF BANKRUPT. Liabilities Are More than a Million, the Assets Nothing-Several Heavy Western Creditors. CINCINNATI, Nov. 18.-United States Bank Examiner Tucker to-day took possession of the German National Bank at Newport, Ky., and posted a notice that the bank would remain closed pending an examination. Examiner Tucker also announced unofficially that Frank M. Brown, the individual bookkeeper and assistant cashier, was missing and that a partial investigation showed that Brown was short about $201,000. Brown had been with the bank eighteen years, was one of the most trusted men ever connected with this old bank, and it is stated by the experts that his operations extend back as far as ten years. The capital stock of the bank is only $100,000. Brown's alleged shortage is double that amount and more than the reserve and all assets, including real estate. While Alvord got away with $700,000 in New York, he did it in a large bank, but Brown did not have SO much to go on and seems to have gone the full limit for a small bank, in a city of less than 30,000 inhabitants. The First National Bank of Newport was wrecked two years ago by Cashier Youtsey, and now, with the German National closed, Newport has only one bank left. For two weeks there have been rumors that Brown was short and some depositors withdrew their accounts. Three weeks ago the bank examiners made a good statement for the bank, and the officers and directers allayed suspicion by referring to the report of this examination and to their last statement, in which all of Brown's alleged defalcations were covered up. Last Wednesday Brown left, and it was announced that he had gone hunting on a vacation. He did get a ticket for Odin, III., but It is learned now that he did not go there, and it is generally believed that he is out of this country, with plenty of money in his possession. It is learned today that Brown was suspended last Tuesday pending an investigation, and that experts have been at work all the past week, while the officers and directors have been announcing that everything was all right. Last Friday the officers and directors, over their own names, published in the papers of this city a statement that the bank had been found to be all right and that the rumors about Brown were false. They continued making these statements to the press as late as last midnight, but the statements were not accepted by the Commercial-Tribune, which exposed the true condition of affairs, and thus caused a panic in Newport to-day, SO that the bank had to be taken in charge by the examiner. The wildest scenes were witnessed in Newport to-day, and serious trouble is feared to-morrow, when the officers and directors will be confronted by people who have hunted them in vain today. Brown was living a fast life, with wine, women and gambling in repertoire. His career was not cut short by any discovery at the bank till a jealous woman gave him away. Brown is a widower with one son, aged ten years, who lives with Brown's father, Paris C. Brown, ex-mayor of Newport and one of the leading business men of Cincinnati. Last summer Brown visited Yellowstone Park, and a woman that he is said to have maintained in Cincinnati wanted to accompany him, but this was denied her. When she ascertained some time afterward that another woman was with Brown on his Western tour the Cincinnati woman gave the bank officials some information that brought about the crisis. The only farewell letter that Brown is known to have left was to this woman, whose apartments are on Ninth street, in Cincinnati, and in this letter he admits that he had secured about all that he could get and that the time had come to say farewell. Brown was a great poker player, with the limit never too high, and he had been a plunger on horse races for years. His bets the races were frequently too high for the poolrooms in Covington, Ky., and he had brokers in both Chicago and New York. Among the directors is Paris C. Brown, the father of the defaulter, who is known from Fittsburg to New Orleans at every river wharf as the head of the stores for boat supplies. The cashier of this bank is also the paying teller, and Brown relieved him as paying teller when the cashier went to his dinner. It is stated that Brown did most of his work during the noon lunch of the cashier. There was quite a run on the bank yesterday, but the usual announcement was made, as it continued to be made to the press till after midnight. More of a rush is expected at the bank even if

2. November 19, 1900 Evening Star Washington, DC
Article from Evening Star, November 19, 1900

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BANK DOORS CLOSED German National at Newport, Ky., Robbed by Cashier. TOOK NEARLY HE $200,000 U. S. Examiner Now in Charge of the Institution. NO RUN BY DEPOSITORS NEWPORT. Ky., November 19. "This bank is closed by order of the controller of the currency. C. P. Tucker, National Bank Examiner.' This was the notice placed today on the doors of the stately building of the German National Bank of Newport before the hour for opening. The salient facts of the cause of the notice had been known since Sunday morning. and, therefore, there were none of the usual scenes accompanying a run on the bank by depositors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was so overwhelming that no depositor was foolish enough to suppose that any good could be accomplished by attempting to get money from the bank today. National Bank Examiner Tucker, who is in charge, stated that the alleged defalcation was not discovered by him until 10 o'clock Sunday night; that both he and the bank's own experts had been unable to find anything wrong until that time The discovery was made in a comparison of Brown's individual ledger with the cashier's daily checking up. Here it was found that Brown had been forcing balances from day to day until the total of $192 000 had been withdrawn from the funds of the bank. The examiner further said that the matter of the criminal proceedings had been referred to United States District Attorney Hill of Louisville, who probably will cause a warrant for Brown's arrest to be issued. The examiner said he had not taken this step because he knew Brown was absent. Brown's Father on His Bond. The only bond which the bank holds is that of Paris C. Brown, father of the assistant cashier, who is a well-known river man and president of the Consolidated Boat Store Company. This bond is an open one, conditioned to cover any shortage by the son. Mr. Brown has voluntarily offered his entire property to meet its obligation. Examiner Tucker says the stock is of no value, as a double liability assessment must be made. Depositors may receive a dividend as soon as the controller of the currency will authorize it, but this may be weeks and even months. Examiner Tucker says he will employ a full force of clerks to arrange the business of the bank and make every effort to collect all the debts due and in every way discover the banks exact condition. Until that time he will not make a positive statement as to the extent of the liability, beyond that it now appeared to be $192,000. The bank was the depository of nine building associations and of the adjoining corporations of Bellevue, Dayton and other towns, as well as of about 1,500 individuals and firms. There are no indications of an accomplice or of any one knowing about Brown's departure or destination. Controller Dawes Takes Action. Mr. Dawes, controller of the currency. has appointed Oliver P. Tucker. national bank examiner. temporary receiver of the German National Bank of Newport, Ky. Mr. Tucker telegraphed the controller that he had taken charge. owing to the discovery of a defalcation amounting to about $195,000. and thereupon the controller appointed him temporary receiver. The officials here consider it astonishing that a defalcation amounting to more than the reserve of the bank could have remained undiscovered for any length of time, but they attempt to offer no explanation, as Mr. Tucker has not yet furnished any details. The last examination of the bank was made in May last. The following is a statement of the condition of the bank as shown by its sworn report to the controller of the currency under date of September 5. 1900: LIABILITIES. $100,000.00 Capital stock 50,630.47 Surplus and undivided profits 25,000.00 Circulation 16,178.45 Due to other banks 534,904.23 Deposits 10,000.00 Borrowed money $736,713.14 Total RESOURCES. $513,451.51 Loans and discounts 25,000.00 U. S. bonds to secure circulation 1,031.25 Premium on bonds 32,012.29 Banking house, furniture and tixtures 34,992.68 Real estate owned 130,225.46 Cash on hand and with banks $736,713.14 Total

3. November 19, 1900 Daily Inter Mountain Butte, MT
Article from Daily Inter Mountain, November 19, 1900

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Cincinnati, O., Nov. 19.-"This bank is closed by order of the comptroller of the O. P. TUCKER, currency. "National Bank Examiner." The above notice appeared on the doors of the stately building of the German National bank, of Newport, Ky., prior to the time for opening today. The salient facts of the cause of the notice had been known since Sunday morning, and there fore there were none of the usual scenes accompanying a run on the bank by depositors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was a fact so overwhelming that no depositor was foolish enough to suppose that any good could be accomplished by attempting to get money from the bank today. Natinal Bank Examiner O. P. Tucker, wh is in charge, in an interview today, said that the alleged defalcation was not discovered foy him until 10 o'clock on Saturday night. that both he and the bank's own experts had been unable to find anything wrong until that time. The discovery was made in a comparison of Brown's individual ledger with the cashier's daily checking up. Here, he said, it was found that Brown had been forging balances from day to day, until the total of $192,000 had been withdrawn from the funds of the bank. The examiners further said the matter of criminal proceedings had been referred to United States District Attorney Hill, of Louisville, who would cause a warrant for

4. November 19, 1900 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, November 19, 1900

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"O, P. TUCKER, "National Bank Examiner." The above notice appeared on the doors of the stately building of the German National bank of Newport, Ky., prior to the time for opening today. The salient facts of the cause of the notice had been known since Sunday morning and therefore there were none of the usual scenes accompanying a run on the bank by depositors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was a fact so overwhelming that no depositor was foolish enough to suppose that any good could be accomplished by attempting to get money from the bank today. National Bank Examiner O. P. Tucker, who is in charge, in an interview today said the alleged defalcation was not discovered by him until 10 o'clock on Saturday night, that both he and the bank's own experts had been unable to find anything wrong until that time. The discovery was made in a comparison of Brown's individual ledger with the cashier's daily checking up. Here, he said, it was found that Brown had been forcing balances from day to day until the total of $192,000 had been withdrawn from the funds of the bank. The examiner further said the matter of criminal proceedings had been referred to United States District Attorney Hill of Louisville, who would cause a warrant for Brown's arrest to be issued. The examiner himself had not taken this step because he knew that Brown was absent. The only bond which the bank holds is that of Paris C. Brown, the father of the assistant cashier, who is a well known river man, and president of the Consolidated Boat Store company. This bond is an open one, conditioned to cover any shortage by the son. It is said that though Paris C. Brown has voluntarily offered his entire property to meet its obligation not more than $20,000 can be realized from this source. The bank stock, Examiner Tucker said, is of no value as a double liability assessment must be made. Depositors may receive a dividend as soon as the comptroller of the currency will authorize it, but this may be weeks and even months. Depositors will be notified of the amounts to their credit and they will be required to make proof of their claims. Examiner Tucker said he would employ a full froce of clerks to arrange the business of the bank, and make every effort to collect all the debts due the bank and in every way discover the bank's exact condition, but until that time he would not make a positive statemnt as to the extent of the liabilities beyond that it now appeared to be $192,000. The bank was the depository of nine building associations, and of the adjoining corporations of Bellevue, Dayton and other towns. as well as of about 1,500 individuals and firms. There are no indications of an accomplice or of any one knowing about Brown's departure or destination. RESOURCES AND LIABILITIES. Washington, Nov. 19.-Comptroller of the Currency Dwes has appointed Oliver P. Tucker, national bank examiner, temporary receiver of the German National bank of Newport, Ky. Mr. Tucker telegraphed the comptroller that he had taken charge owing to the discovery of a defalcation amounting to about $195,000, and thereupon the comptroller appointed him temporary receiver. The officials here consider it astonishing that a defalcation amounting to more than the reserve of the bank could have remained undiscovered for any length of time, but they attempt to offer no explanation, as Mr. Tucker has not yet furnished any details. The last examination of the bank was made in May last. The following is a statement of the condition of the bank as shown by its sworn report to the comptroller of the currency under date of September 5th:

5. November 20, 1900 The St. Louis Republic Saint Louis, MO
Article from The St. Louis Republic, November 20, 1900

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Sensational Arrests Promised in Connection With Newport, Ky., Defalcation. SHORTAGE FOOTS UP $191,500. Absconder's Wonderful Memory Enabled Him to Check Up Without Detection - - His System Explained. Cincinnati, O., Nov. 19.-The experts who have been working to-day with Receiver Tucker on the books of the German National Bank at Newport, Ky., place the shortage of Frank M. Brown, the missing assistant cashier and individual bookkeeper, at $191,500. According to reports from those who were with Brown when he left last Tuesday night, he had less than $500 with him. Brown's salary was only $1,500 per year. Cases are now cited where he spent more than that amount in one day, His bond was for $10,000, and it is good as far as it goes. United States District Attorney Hill will arrive from Paducah to-morrow, when it is said criminal proceedings will be begun. Federal detectives have certain parties under surveillance, and there are reports tonight about arrests that will follow on the arrival of District Attorney Hall. During the run on the German National Bank last Saturday $200,000 was secured in Cincinnati to bridge over the trouble. This was returned to-day, and Receiver Tucker had other moneys and papers also transferred to Cincinnati. Brown's system required a wonderful memory. The experts say he carried in his head the figures that enabled him to call off correctly a lot of false entries in a way to throw the clerks, who were doing the "checking" with him, off the track. Brown's Method Explained. A depositor would put in $3,100, Brown would enter the proper amount of the deposit in one book and enter It as $100 in another. He would take the difference, $3,000. himself. Then when he came to checking up he would handle one of the books. Another clerk would check and Brown would call off. Instead of calling off $100. which appeared as the amount of the deposit on the book which he was holding. he would call it as $3,100. thus making it correspond with the book in the hands of the other clerk. He also, It is alleged, worked it in another way. A depositor would draw out $100. Brown would make the proper entry in one book and enter $3,100 in another. When the depositor had his account checked up the figures were taken from the book in which the correct entry had been made. When the bank officials looked to see what amount was due the depositor they were given their information from the books which showed that $3,100 had been drawn. Brown had memorized all the individual accounts and the experts find no private marks of any kind on the books. The general ledger was kept correct and balanced with the cash, while the individual ledger, it is alleged, was fixed to suit Brown's purposes, the former being the one that the bank officials examined. "This bank is closed by order of the Comptroller of the Currency.

6. November 20, 1900 The Laramie Republican Laramie, WY
Article from The Laramie Republican, November 20, 1900

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GOT $195,000 BANK DEFALCATION IS GREAT ER THAN THE RESERVE. The Institution is Wrecked-German National Bank if Newport, Ky., in the Hands of the United States Authorities and Receivers Appointed. Newport, Ky., Nov. 19.-The German National bank was closed today by order of the comptroller of the currency. Washington, Nov. 19.-Comptroller of the Currency Dawes has appointed Oliver P. Tucker. national bank examiner temporary receiver of the German National bank of Newport, Ky. Mr. Tucker telegraphed the comptroller that he had taken charge owing to the discovery of a defalcation amounting to about $195,000, and thereupon the comptroller appointed him temporary receiver. Greater Than the Reserve. The officials here consider it astonishing that a defalcation amounting to more than the reserve of the bank could have remained undiscovered for any length of time, but they attempt to offer no explanation, as Mr. Tucker has not yet furnished any details. The last examination of the bank as shown by its sworn report to the comptroller of the currency under date of September 5. 1900: Liabilities-Capital stock, $100,000; surplus and undivided profits, $50,630.47; circulation, $25,000; due to other banks, $16,178.45; deposits. $534,B4 904.22; borrowed money, $10,000; total, 736,713 14. 1 ( Resources-Loans and discounts, $513,451.51; United States bonds to seA 1 cure circulation. $25,000; premium on t bends, $1,031.25; banking house, fur1 niture and fixtures, $32,012.29; real es1 tate owned, $34,992.63; cash on hand as and with banks, $130,225.46; total, as $736,713.14. 1 Assistant Cashier Did It. . Cincinnati, Nov. 19.-"This bank is 1 closed by order of the comptroller of 1 the currency. t O. P. TUCKER, "(Signed) PA "National Bank Examiner." 1 The above notice appeared on the I doors of the stately building of the German National bank of Newport, I Ky., prior to the time for opening toj day. The salient facts of the cause of the notice had been known since Sun" day morning, and, therefore, there were none of the usual scenes accompanying a run on the bank by deposiI tors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was a fact

7. November 20, 1900 The Sun Wilmington, DE
Article from The Sun, November 20, 1900

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LATEST BANK FAILURE Kentucky Institution the Victim of a Defaulter. NEARLY $200,000 MISSING. German National Bank of Newport Closes Its Doors on an Order by Comptroller of the Currency Dawes. Washington, Nov. 19.-A dispatch from Newport, Ky., says: "The German National bank has been closed by order of the comptroller of the currency. This action was taken after an examination of the books, when a national bank examiner took possession of the institution on rumors that Assistant Cashier Brown had embezzled a trifle under $200,000." Comptroller of Currency Dawes has appointed Oliver P. Tucker, national bank examiner, temporary receiver of the German National bank of Newport, Ky. Mr. Tucker telegraphed the comptroller that he had taken charge owing to the discovery of a defalcation amounting to about $195,000, and thereupon the comptroller appointed him temporary re. ceiver. The officials here consider it astonishing that a defalcation amounting to more than the reserve of the bank could have remained undiscovered for any length of time, but they do not attempt to offer any explanation, as Mr. Tucker has not yet furnished any details. Last Examination In May. The last examination of the bank was made in May last. The following is a statement of the condition of the bank as shown by its sworn report to the comptroller of the currency under date of Sept. 5, 1900: LIABILITIES.

8. November 20, 1900 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, November 20, 1900

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NO RUN ON THE BANK. (CONCLUDED FROM FIRST PAGE.) bond was for $10,000; it is good as far as it goes. United States District Attorney Hill will arrive from Paducah to-morrow when, it is said, criminal proceedings will be begun. The federal detectives have certain persens under surveillance and there are reports to-night about arrests that will follow on the arrival of District Attorney Hill. During the run on the German National Bank at Newport, Ky., last Saturday, $200,000 was secured in Cincinnati to bridge over the trouble. This was returned to-day, and Reciever Tucker had other moneys and papers also transferred to Cincinnati. Brown's system required a wonderful memory. The experts say he carried in his head the figures that enabled him to call off correctly a lot of false entries in a way to throw the clerks who were doing the "checking" with him off the track. A depositor would put in $3,100, Brown would enter the proper amount of the deposit in one book and enter it as $100 in another. He would take the difference, $3,000, himself. Then when it came to checking up he would handle one of the books. Another clerk would check and Brown would call off. Instead of calling off $100, which appeared as the amount of the deposit on the book which he was handling, he would call it as $3,100, thus making it correspond with the book in the hands of the other clerk. He also, it is alleged, worked it in another way. A depositor would draw out $100. Brown would make the proper entry in one book and enter $3,100 in another. When the depositor had his account checked up the figures were taken from the book in which the correct entry had been made. When the bank officials looked to see what amount was due the depositor they were given their information from the books which showed that $3,100 had been withdrawn. Brown had memorized all the individual accounts, and the experts find no private marks of any kind on the books. The general ledger was kept correct and balanced with the cash, while the individual ledger, it is alleged, was fixed to suit Brown's purposes, the former being the one that the bank officials examined. It is generally believed that Brown's first shortage started accidentally, with an error of $1,000 in the individual accounts. There are no indications of an accomplice or of any one knowing about Assistant Cashier Brown's departure or destination. The directors of the German National Bank at Newport, Ky., to-night issued a call for a meeting of stockholders on Wednesday, at which time a proposition will be presented for such an assessment as will Insure the reopening of the bank at an early date, and if possible prevent the appointment of a permanent receiver to wind up the affairs of the concern. The heaviest depositors have already agreed to

9. November 20, 1900 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, November 20, 1900

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F. M. BROWN'S WHEREABOUTS. The Absconding Cashier is Said to be in Canada. Cincinnati, O., Nov. 20.-According to a dispatch from Fort Wayne, Ind., Frank M. Brown, late assistant cashier of the German National bank of New. port, Ky., who, It is alleged, embezzled nearly $200,000 of the bank's funds, is now in Canada. He was seen and rec. ognized in Fort Wayne yesterday by Fred Jolton, an intimate acquaintance, and the latter last night said that at 9:30 o'clock Brown was in the Domin. ion of Canada. He had been in St. Louis, as already stated, where he was reported to be on his way to South America, but he changed his direction and came through Tilinois and Indiana, and thence' to Canada. The reorganization plan, which the stockholders are to consider at a meet. ing to be held Wednesday afternoon. appears likely to be adopted. The stock. holders are liable to $100 assessment on each share of stock, which would be a total loss if paid, and the bank's affairs wound up. The plan is to make the assessment $145 per share, producing $145,000, and using the $50,000 surplus with that to wipe out the defalcation and preserve the life of the bank. Bank Examiner Tucker says if this money is raised, the bank can Immediately open its doors, and it is understood the larger depositors are willing to have that course taken. U. S. District Attorney Hill, who was expected to arrive in Newport today to look after the institution of eriminal proceedings in the case of the German National bank has not yet appeared and until he does come, nothing can be done in this direction. Temporary Receiver Tucker today opened the doors of the bank for the purpose of receiving pass books of depositors and any money due the bank.

10. November 20, 1900 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, November 20, 1900

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BIG DEFALCATION ALLEGED German National Bank of Newport, Ky., Touched for $195,000. COMPTROLLER WIRES TO CLOSE ITS DOORS Examiner Tucker, Who Discovered Big Deficit, Now in Charge-Assistnnt Cashier Brown to Be Pursued and Arrested. CINCINNATI, O., Nov. 19.-The experts who have been working today with Receiver Tucker on the books of the German National bank at Newport, Ky., place the shortage of Frank M. Brown, the missing assistant cashier and individual bookkeeper, at $191,500. According to reports from those who were with Brown when he left last Tuesday night he had less than $500 with him. Brown's salary was only $1,500 a year. Cases are now cited where he spent more than that amount in one day. His bond was for $10,000, and it is good as far as it goes. United States District Attorney Hill will arrive from Louisville tomorrow, when It is said criminal proceedings will be begun. The federal detectives have certain persons under surveillance and there are reports tonight about arrests that will follow on the arrival of District Attorney Hill. During the run on the German National bank last Saturday $200,000 was secured in Cincinnati to bridge over the trouble. This was returned today and Receiver Tucker had other moneys and papers also transferred to Cincinnati. Brown's system required a wonderful memory. The experts say he carried in his head the figures that enabled him to call off correctly a lot of false entries in a way to throw off the track the clerks who were doing the "checking" with him. A depositor would put in $3,100, Brown would erter the proper amount of the deposit in one book and enter it as $100 in another. He would take the difference, $3,000. himself. Then, when it came to checking up, he would handle one of the books. Another clerk would check and Brown would call off. Instead of calling off $100. which appeared as the amount of the deposit on the book which he was handling. he would call it as $3,100, thus making it correspond with the book in the hands of the other clerk. He also, it is alleged, worked it in another way. A. depositor would draw out $100. Brown would make the proper entry in one book and enter $3,100 in another. When the depositor had his account checked up the figures were taken from the book in which the correct entry had been made. When the bank officials looked to see what amount was due the depositor they were given their information from the books which showed that $3,100 had been withdrawn. Brown had memorized all the individual accounts and the experts find no private marks of any kind on the books. The general ledger was kept correct and balanced with the cash, while the individual ledger, it is alleged, was fixed to suit Brown's purposes, the former being the one that the bank officials examined. Bank Closed by Comptroller's Order. "This bank is closed by order of the comptroller of the currency. (Signed) O. P. TUCKER, "National Bank Examiner." The foregoing notice appeared on the doors of the stately building of the German National bank of Newport, Ky., prior to the time for opening today. The salient facts of the cause of the notice had been known since Sunday morning and therefore there were none of the usual scenes accompanying a run on the bank by depositors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was a fact S0 overwhelming that no depositor was foolish enough to suppose that any good could be accomplished by attempting to get money from the bank today. National Bank Examiner O. P. Tucker, who is in charge, in an interview today said that the alleged defalcation was not discovered by him until 10 o'clock on Saturday night, that both he and the bank's own evperta had been

11. November 20, 1900 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, November 20, 1900

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WASHINGTON, Nov. 19.-Comptroller of the Currency Dawes has appointed Oliver P. Tucker, national bank examiner, temporary receiver of the German National bank of Newport, Ky. Mr. Tucker telegraphed the comptroller that he had taken charge owing to the discovery of a defalcation amounting to about $195,000 and thereupon the comptroller appointed him temporary receiver. The officials here consider it astonishing that a defalcation amounting to more than the reserve of the bank could have remained undiscovered for any length of time, but they attempt to offer no explanation, as Mr. Tucker has not yet furnished any details. The last examination of the bank was made in May last. The following is a statement of the condition of the bank as shown by its sworn report to the comptroller of the currency under date of September 5, 1900: Liabilities: Capital stock, $100,000; surplus and undivided profits, $50,630.47: circulation, $25,000; due to other banks, $16,178.45: deposits, $534,904.22; borrowed money, $10,000; total, $736,713.14. Resources: Loans and discounts, $513,451.51; United States bonds to secure circulation, $25,000: premium on bonds, $1,031.25; banking house, furniture

12. November 21, 1900 Americus Times-Recorder Americus, GA
Article from Americus Times-Recorder, November 21, 1900

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BANK TO BE REORGANIZED Stockholders to Meet and Settle Upon a Plan of Action. NEWPORT, Ky., Nov. 20.-The reorganization plan which the stockholders of the German National bank are to consider at a meeting to be held tomorrow appears likely to be adopted. The stockholders are liable to $100 assessment on each share of stock held. That would be a dead loss if paid and the bank's affairs wound up. The plan is to make the assessment $145 per share, producing $145,000 and using the $50,000 surplus to wipe out the defalcation and preserve the life of the bank. Bank Examiner Tucker, in charge, says if this money is raised the bank can immediately open its doors, and it is understood the larger depositors are willing to have that course taken. United States District Attorney Hill, who was expected to arrive in Newport this morning to look after the institution of criminal proceedings in the case of the German National bank, has not yet appeared, and until he does come, nothing can be done in that direction. Temporary Receiver Tucker today opened the doors of the bank for the sole purpose of receiving the pass books of depositors and of receiving any money due the bank.

13. November 21, 1900 The Age-Herald Birmingham, AL
Article from The Age-Herald, November 21, 1900

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GONE TO CANADA. Report Says Brown Has Sought Favorite Place of Refuge. Cincinnati, November 20.-According to a dispatch from Fort Wayne, Id., Frank M. Brown, late assistant cashier of the German National Bank of Newport, Ky., whose defalcation of nearly $200,000 caused his flight on Tuesday last week, is now in Canada. He was seen and recognized in Fort Wayne yesterday by J. Fred Stone, an intimate acuqaintance, and the latter last night stated that at 9:30 o'clock Brown was in the Dominion of Canada. He had been in St. Louis, as already stated, where he was reported on his way to South America, but he changed his direction and came through Illinois and Indiana and thence to Canada. The reorganization plan which the stockholders are to consider at a meeting to be held Wednesday afternoon appears likely to be adopted. The stockholders are liable to $100 assessment on each share of stock held. That would be a dead loss if paid and the bank's affairs wound up. The plan is to make the assessment $145 per share, producing $145,000, and using the $50,000 surplus, wipe out the defalcation and preserve the life of the bank. Bank Examiner Tucker, in charge, says if this money is raised the bank can immediately open its doors, and it is understood the larger depositors are willing to have that course taken. United States District Attorney Hill, who was expected to arrive in Newport this morning to look after the institution of criminal proceedings in the case of the German National Bank, has not yet appeared, and until he does come nothing can be done in that direction. Temporary Receiver Tucker today opened the doors of the bank for the sole purpose of receiving the pass books of depositors and of receiving any money due the bank. The first suit brought in the case of the bank was instituted today by Receiver Tucker. It was in the nature of a blanket attachment on all the property of Frank M. Brown and is to cover $30,000 of the shortage. This amount is alleged to have been taken within the past twelve months, and includes the first items discovered in the shortage. No action will be taken against Paris C. Brown as bondsman of his son, since he and his wife are taking steps to deliver to the bank directors or to the receiver every portion of their tangible property. Tonight United States Commisisoner Leonard, on the affidavit of the examiners, issued a warrant for the arrest of Brown, but there is still no clue to his whereabouts. The officers have telegraphed to all coast points for his apprehension, and will have the warrants ready in case Brown is caught. There is still much talk about others being under surveillance, but no other arrests have been made.

14. November 21, 1900 Decorah Public Opinion Decorah, IA
Article from Decorah Public Opinion, November 21, 1900

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Bank at Newport, Ky., Closed. Cincinnati, Nov. 19.-"This bank is closed by order of the comptroller of O. P. TUCKER, the currency. "National Bank Examiner." This was the notice placed on the doors of the stately building of the German National bank of Newport, Ky., before the time for opening. The salient facts of the cause of the notice had been known since Sunday morning and, therefore, there were none of the usual scenes accompanying a run on the bank by depositors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was a fact so overwhelming that no depositor was foolish enough to suppose that any good could be accomplished by attempting to get money from the bank at present.

15. November 22, 1900 Connecticut Western News North Canaan, Salisbury, Canaan, CT
Article from Connecticut Western News, November 22, 1900

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OF THE WEEK the Wide of Ten the The Society has the General Army Three Baltimore his store, the Phil from headqualifiers Thirteen been vancisco eler near police sent from to the the govern have San Washington Franciscon elec state ippines hospital at lum at from urality the of has 1,898 ment Comp in Idaho electors. returns show fusion, ennounce tions for Brya of elector 2,233 for of Hawaii at 154,001 an in as unreality hureau This is The 1896 cent iron has by the 109,020 in 41.2 per of pig via Ga ed 44,981 or 1.000 tons AIR., the in made prease agains of of from Florenc This a is for third port. A been shipment tremen 60 days to of has court appeals the Tennedy Kenneds mur grast who was Reynolds eign The New new York trial envicted to Dr. at of the the Grand gen dentist "Dolly York city. Buschester vicar and hotel der in Father New diocese John E. of asstor Manches of St killed John's by a cable eral of Rev. of the N.H. and was instant New York city Dr who Concord Concord Broad ounces that 25 the church, car on Sun for nearly John The Baltimore Gilman agident ignified of his in Hopkins years Willing Daniel has C. Licensity been that has position signified and torpedo tention of private life. of the held new in Chess of the tiring to second trial has bee volution attained per of peed The Stock with 360 vessel hour boat bay minute 26 the knots per F Smith of contract collect Smith her General has been General colonel of now the San Francisco Frattoms custome Manila as and is or went to California the Island of Negros to be built governor First of packing the plant is repectady. governor A pork of men have Over 50 concern Bellevue, business stock of $25,000 from the start Schemecapital emp ready for business ed the will be will be at the employed The in the spring men and boys Shamokin Ps. The 300 colliery Monday been work Colbert on strike workers were have returned the dis attending The ployees charged James went of the mine company funeral Instated Mc Commission has died H by Cartby Police fever of Newark Mr. M of Carthy the Ussioner terms apointed police in April. typhoid member commiss He leaves and was application Seymou child Omaha Mayor and one count of closed. show seven widow official Neb. has and th Douglas The county Republicated senator This gives of bal the one organisa ation joint ing the votes on of fire representations Republican senate, 72 majority of Penn house and National of the mounced state vivania 5.258 lot population 115 against 1.044 The as officially 6,803 of is cent. increase census 1890. This an The popu of 975 1890. 014 in or 19.8 382,891. RR 1880 to ord 101, cent, from of the 1880 was 22.7 per chief report shows of 123, or guns General in his CORRT defense 788 ppropra nance conditure bureau. on of heav guns for our less an 240,785 out we have and 658 new smoke sue cessful. ated and coast that defenses which has proved Alstaeter Frederick W putured by centenant Lieutenass who was last of his captors money the in Luzon Asion permission for food, insurgents with the asking forwarded is sent. Manila will be His healt letter clothing. which runner tical and him by and his release Andrew problem Kerr, Campbell indict broken McAllister George at Walter Death and of Jennie were William Destander murder J.) mill Supreme girl, Court Judge set ed for the (N. before not guilty of the Paterson on Al pleaded the date are raigned signed Dixon Jan be tried. designated Judge Dixon defend tendants has Harrison which the master John R. the acting ottoffice The P Inspect Havan of in Cuba pend For Postonemaster of posts Genera York now director herence general of lescing Director in eumonia New MI St ing the who is fever and Louis division to of month nes, yellow from the internal $27. from is of age wated the same the 495 against are The The October 446 for classi to $6 formeurs $231. month 464, last year Spirits, 306 liquors, special fied corps bacco 491,488 $53,571 swamp taxes, $53,011 United States bodies in the a island Un100 dead on by the The over Galvestor Teleeston posited dead found west of been the road just where the Sept. had 8 The way place discor near by storm were in of out and of had the not sent been out after the county the burying parties chief clerk of the storm. Dufferin esioners Putelle, office at londike against out gold comm the past at โ‚ฌ20,000,000 Next year's as gold will timates put gold for 1899. he year's thinks ship 000,000 of the Klong or this Consult M output reach $25,000 United $14,000,000. States New of gold of bank of ment has records National on acco unt of Cook German cash The Ky. infalcation has been by its received assistant at Bank the port, heav reliminary defalcation report from National ier A prepartment who has been bank. places treasury Tucker, receiver of Cashier the Brown's Examiner Examinorary opinion ed temporary amount of Assistant $191,500. of In the the defalca the defalcation at the bulk last six months of the of the ccurred in examiner the 700 empl which has tion strike of Archbald the Pa. has been of Forest The mine since at last March, mmittee continued settled by with represent com and last satisfact contractorily conference Western stern Fri day miners in Ontario the mine the COD tives of the bought nearly all in the cars, of at pany. The whiterikerw.got remanded, decrease check weighma $1 head increase also vardage; weight of of loaded shaft and an wances for re for years tellar on moving rock water Zoller, aged 31 of the sischarg Roches Henry J serving paying who was tion after mer Mayings from that institut been Tronton, ed last March $100, brought has back and O., and with forgery the bank disco at charged few days checks, ago REgre ed the grand larceny eight which had been in forg the officials upon depositor untouch eating names $2,092 accounts of former had been several bank whose years. has Ludington ed olived Quarternation for termaster General that the transp

16. November 22, 1900 Reporter and Farmer Webster, SD
Article from Reporter and Farmer, November 22, 1900

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Cincinnati, Nov. 20. - United States Bank Examiner Tucker yesterday took possession of the German National Bank of Newport, Ky., and posted a notice that the bank would remain closed pending an examination. Examiner Tucker also announced that Frank Brown, the individual bookkeeper and cashier, was missing, and that a partial investigation showed that Brown was short about $201,000. Brown had been with the bank eighteen years, was one of the most trusted men ever connected with this old bank, and it is stated by the experts that his operations extended back as far as ten years. The capital stock of the bank is only $100,000. Brown's alleged shortage is double that amount and more than the reserve and all the assets, including their real estate. For two weeks there have been rumors that Brown was short and some depositors withdrew their accounts. Three weeks ago the bank examiners made a good statement for the bank and the officers and directors allayed suspicion by referring to the report of this examination and to their last statement. Last Wednesday Brown left and it was announced that he had gone hunting on a vacation. He diร  get a ticket for Odin, Ill., but it is learned now that he did not go there, and it is generally believed that he Is Out of This Country with plenty of money in his possession. It is learned that Brown was suspended last Tuesday pending an investigation. and that experts have been at work all the past week while the officers and directors have been making announcements that everything was all-right. Last Friday the officers and directors, over their own names published in the papers of this city a statement that the bank had been found to be all right and that the rumors about Brown were false. They continued making these statements to the press as late as Saturday midnight, but the statements were not accepted by the Commercial-Tribune, which exposed the alleged shortage and caused a panic in Newport yesterday so that the bank had to be taken in charge by the examiner. The wildest scenes were witnessed in Newport yesterday and serious trouble is feared to-day. Brown, it is alleged, was living a fast life, with wine, women and gambling in his repertoire. His career was not cut short by any discovery at the bank until a jealous woman gave him away. Brown is a widower with a son aged ten years who lives with Brown's father, Paris C. Brown. exmayor of Newport, and one of the leading business men of Cincinnati. Brown, it is said, wrote to a woman in Cincinnati that he was bound for South America, but the Enquirer says that it has good authority for saying that Brown sailed from New York on Saturday and that his destination is China.

17. November 22, 1900 Eagle River Review Eagle River, WI
Article from Eagle River Review, November 22, 1900

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CLOSED BY MR. DAWES. Newport, Ky., Bank in Hands of Ixaminer Tucker. The German National Bank of Newport, Ky., has been closed by order of the Comptroller of the Currency, and Bank Examiner Tucker placed in charge. as temporary receiver. Twice the amount of its capital stock is missing from the vaults of the bank as a result of the op: erations of Frank M. Brown, the individual bookkeeper and assistant cashier, who is missing. Mr. Tucker made theunofficial announcement that Brown is short about $201,000. Brown had been with the bank eighteen years, and it is stated by the experts that his operations: extended back as far as ten years. For two weeks there have been rumors. that Brown was short, and some depos itors withdrew their accounts. Threeweeks ago the bank examiners made a. good statement for the bank and the officers and directors allayed suspicion by referring to the report of this examination and to their last statement. The wildest scenes were witnessed in Newport when the notice was posted. Theofficers of the German National Bank areall wealthy and responsible men, and they will be able to make the losses good.

18. November 22, 1900 Grant County Herald Lancaster, WI
Article from Grant County Herald, November 22, 1900

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New York, have failed. There are numors of a big' defalcation. The St. Paul railroad has given notice of an is trease in the pay of engine men. Late reports indicate that the liabilities of W. L. Strong & Co., of New York may reach $6,000,000. Chicago architects are preparing for A rush of business in the building industry. The affairs of the late W. L. Strong of New York appear in bad shape Mrs. Griswold of Philadelphia is trying to recover $180,000 put in his hands. The Northwestern railroad has decided to build a third track to Clinton, la. The Cumberland Telephone company has bought the telephone system at Nicholasville, Stanford and Lebanon, Ky. The Philadelphia Evening Call has made an assignment for the benefit of creditors and ceased publication. Linseed directors passed a dividend because of financial obligations. Contracts for over 200,000 tons of steel and iron were taken during the past week by Pittsburg manufacturing concerns. The German National bank at Newport, Ky., which lost $191,000 through defalcation. sent the rest of its money to Cincinnati, thus averting a run by the angry depositors. The bank is now in the hands of the comptroller of the currency. Exports for October and also for the first ten months of the year break all records in the history of American commerce. The union machinists of Youngstown. O., have demanded an increase of 10 per cent. in wages and a nine and one-half hour workday instead of ten, as at present. Transactions on the New York stock exchange surpass in amount anything before known in its history.

19. November 23, 1900 The Colfax Gazette Colfax, WA
Article from The Colfax Gazette, November 23, 1900

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same hands during the coming administration. The annual report of United States Commissioner of Fish and Fisheries George M. Bowers says the total number of fish distributed by the government in the past fiscal year was 1,164,336,754 an increase principally of shad, cod, flatfish, whitefish and lake trout of about 100,000,000 over the previous year The opinion is growing among pubile men who are in the confidence of the president that he will oppose any movement looking to a reduction of the congressional representation of the southern states on account of charges of the disfranchisement of colored voters. The president is said to be opposed to reviving ill feeling, which he thinks would be the result of a bill thus touching the south's suffrage. Saturday, November 17. It is reported that Senator Spooner of Wisconsin will succeed Attorney General Griggs, who will retire from the cabinet at the end of President McKinley's preseat term. The New York clearinghouse made an unexpected good showing for the week ending November 17, cash increases having surpassed all expectations. The gain footed up $5,208,300, divided almost equally between legal tenders and specie. The increase was due for the most part to operations with the treasury, although it is known that New York gained appreciably during the week from the interior. Then, too, a portion of belated gold imports figured in the reserve item. Three cowboys-John and Albert Berdice and Tobias Berner-fought a duel in the mountains near Otto, Wyo. Three horses were killed and the Berdices were both wounded. John was shot in the arm and Albert in the stomach. It is alleged the two families have been at war for some time, and further trouble will probably ensue. A United States surveying corps found over a hundred dead bodies in a swamp just west of Galveston, Texas, on the island where they had been deposited by the storm of September 8. The unburied dead were in an out of the way place near the county road and had not been diecovered by the burying parties sent out after the storm. The annual report of the commissioner of internal revenue for the fiscal year ending June 30, 1900, shows a collection exceeded by only one in the history of the bureau. The receipts, 293,163,197, being $10,316,107 in excess of the esti mated amount and $21,831,534 more than during the previous year. The percentage of cost of collection was 1.58, as against 1.68 for last year, being the smallest in the history of the internal revenue service. Sunday, November 18. Chae. R. Holmes of San Francisco wedded Miss Hattie Norton at Windsor, Oatario. At Detroit she drew $700 from bank at her husband's request and he disappeared with it. They met through agency of a matrimonial bureau. Coroner's jury at Limon, Col., found that John Porter. the negro burned at the stake by a mob for assault upon and murder of 11-year-old Louise Frost, came to his death at hands unknown, though there was no secrecy among the 300 who did it. Frank M. Brown, assistant cashier of the German National Bank of Newport, Ky., disappeared $201,000 short. The bank is wrecked. He led a fast life with wine and women. In the burning of the McGonigal house at Oswayo, Pa., four men perished. After a 35,000 mile trip through Siberia, Russia and Europe,W. M. Banker, commissioner of foreign commerce of the San Francisco chamber of commerce, saye: "The transsiberian railroad has given this country a large market for foodstuffs and other supplies, and this market will keep pace with the increasAl ing colonization of eastern Siberia. though the railroad has been running as far as Irkutsk for two years, the countries of Europe, aside from Russia, have not benefited by the new transportation facilities. At the same time the RussianAsiatic trade of the United States has steadily increased. Americans and American products are popular with the Russians and Siberians. Americans are almost invariably given the preference in trade affairs As far as I can see the Pacific coast is destined to be the biggest debeneficiary of Siberian industrial velopment.' At Joliet, Ill., the billet mill and converter of the Illinois steel works resumed operations after a three weeks shutdown. About 1000 men are affected. Monday, November 19. In court at Van Wert, Ohio, Judge Mooney refused to quash an indietment against Mrs. Van Liew, charged with throwing vitriol in the face of Miss Alice Hammel, from effects of which the giri died. Mrs. Van Liew is the wife of a prominent banker, and has been in jail since her arrest two months ago. Heavy rains have flooded the country along Salt river, Arizona, causing much Pima damage to irrigating canals. At half the town is under water. Rev. D. N. Stewart, pastor of the Baptist church at Wyoming, Pa., is under arrest on a charge of poisoning his wife of three months He also failed to account for church money. At Milwaukee, Wie., the E. P. Alis Co. owning the Reliance Iron works, anpounced a reduction in the working time of its 200 employes from ten to nine hours a day. The wages will be slightly reduced. A $5000 package of money, shipped from Sheldon to Sioux City, Iowa, disappeared. Senator Pritchard of North Carolina if the count had been fair in that ried state says the republicans would have car-

20. November 23, 1900 Vermont Phล“nix Brattleboro, Bellows Falls, Ludlow, VT
Article from Vermont Phล“nix, November 23, 1900

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High Roller Wrecked the Bank. Assistant Cashier of Institution in Newport, Ky., Who Stole $200,000, Had Wine, Women and Gambling in His Repertoire. The German National Bank of Newport, Ky., is closed and Frank M. Brown, the individual bookkeeper and assistant cashier, is missing, and there is a shortage of over $200,000 in his accounts. Brown had been employed by the bank 18 years, and was trusted implicitly. His peculations extend over a period of ten years. The capital of the bank is only $100,000. The first National bank of Newport was wrecked two years ago by Cashier Youtsey and there is only one national bank left in the city. Rumors have been current for two weeks that Brown was short in his accounts, and some people withdrew their deposits. Three weeks ago the bank examiners made a good statement, and the officers allayed suspicion by referring to this examination and to their last statement. Brown was suspended on suspicion Tuesday. The following day he bought a ticket for Odin, Ill., and it was stated that he had gone on a hunting trip. He did not go to Odin and it is believed that he fled from the country. The officers issued statements of the banks' soundness up to Saturday, but the Commercial-Tribune would not accept them and published an expose of the alleged defalcation. This caused a panic, with wild scenes in Newport Sunday, and the bank examiner had to take charge of the institution. Brown is a widower with a son ten years old. It is claimed that he has led a wild life, with wine, women and gambling in his repertoire. He was a great poker player, and the limit was never too high. His bets on the races were frequently 80 high that the pool rooms in Covington, Ky., would not accept them, and he had brokers in New York and Chicago. Brown was finally exposed by a jealous woman, who was offended because another woman accompanied him on a trip to Yellowstone park. All of the directors of the bank are wealthy and they will be able to make good the deficit. One of them is Paris C. Brown, the missing man's father. The senior Brown is a prominent business man of Cincinnati, and ex-mayor of Newport.

21. November 23, 1900 The Hickman Courier Hickman, KY
Article from The Hickman Courier, November 23, 1900

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PECULATED $191,500. Assistant Cashier Brown, of a Newport Bank, a Defaulter. Made Two Entries in His Books, One in Ink, Another in Crayon-Gambling and Women the Cause of His Downfall. Newport, Ky., Nov. 20.-The late assistant cashier of the German National bank, of this city, stole from the bank $191,500 in 18 months time, and is now being sought by the detectives. He left Cincinnati last week with about $500 in his pockets, and is now thought to be on the high seas bound for South America. Brown spent the bank's money on women, horses and cards, and his stealings amounted to more than the bank's capital and surplus. A United States bank examiner is in charge of the German National, and several thousand depositors are now clamoring in vain for their money. Brown was one of the bestknown men in Newport. His father is Paris C. Brown, the wealthy riverman, honorary member of change, a former director of the bank and well known in connection with many Cincinnati and Kentucky business enterprises. About 18 years ago Frank M. Brown entered the bank as a clerk. He paid attention to his work and gradually rose to be bookkeeper and later as. sistant cashier, having charge of the individual ledger. For several years his salary has been $1,500. Eight years ago, as far as known, he did his first gambling. His companions were men of the world, who knew how to spend, and he was ambitious. He east about for ways to increase his bank roll. He studied conditions carefully, and concluded to take a whirl at Latonia. A few of his friends went in with him, and they engineered a deal on Lady Cartwright, one of the speedy sprinters entered in the races. The good thing "went through" all right, and Brown cleaned up $4,000 for himself. A little later he worked Abuse, another racer, through the Oakley foreign book for between $8,000 and $9,000. The winnings were supposed to go to the agent of an eastern gambler, but in reality they went into the pockets of the Newport bank em ploye. After that he was a familiar fig. ure at the tracks, and his money "flew." No race was too poor and no odds too short for his money. From fast horses to women he found a narrow step. He did the thing up in prodigal fashion. too. At one time he had three establishments running at the same time in Cincinnati. He was a rounder, and was known in all the resorts of Cincinnati, He was a favorite with the women of the half-world. for though he only drank moderately, he spent his money freely on women. Brown will go down in history as a wonder among bank looters. His scheme worked on a hair trigger. He had an individual book on which he recorded deposits as they came in This book he posted with the general bookkeeper at the end of each day. If a person, for example, deposited $1,500 and another $2,500 at Brown's window, Brown entered the amounts correctly in ink opposite the depositor's name. Maybe be wanted. to hold out $1,000 from the first and $1,500 from the second deposit. He would mark down the remainder in crayon just above the amount as recorded in ink. Lt was the sum in peneil that he read to the general bookkeeper. But when he "read back;" that is, when he wanted to know what the real deposit was and when he had to work on that he read the record in ink. Ft. Wayne, Ind., Nov. 20.-Frank Brown, the defaulting eashier from Newport, is in Canada. This information comes from Fred J. Stone, of Cincinnati, a traveling man who is an intimate friend of Brown. Mr. Stone is at the New Avaline hotel, arriving Monday evening. A newspaper correspondent succeeded in locating Stone through the medium of a conversation he had had with guests in the hotel, in which he mentioned having known Brown intimately. Mr. Stone had retired and declined to be seen, but finaMy consented to receive Police Superintend ent Homer Gorsline, and to him stated that Brown was in Canada. He said it was true that Brown, after leaving Newport, had fled to St. Louis, and there parted with his mustache and made other changes in his personal appearance which rendered him unreconizable, even to his closest friend. He then left St. Louis, and, doubung back on his tracks, traveled through Indiana and left Winehester on the Big Four Monday

22. January 4, 1901 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, January 4, 1901

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BUSINESS FAILURES. Jan. 3-Wabasha. Minn., People's bank. 6-Rahway. N. J., Union county bank.... New York, Hulbert H. Warner, patent medicine mant.: $2,319,027. Piankington. S. D., State bank. 17-Chiengo, Francis P. Owings, real estate: $5,364,977. Feb. 7-New Bedford, Mass., Henry E. Holcomb. mant: $1,361,438.... Boston, Miner, Beal & Co., clothing firm, $450,000. 26-United States milling combine (flour trust); $15,000,000. Mar. 3-Port Jarvis (N. Y.) Nat. bank resumes; had suspended payment in December. 6-J. F. Seiberling. formerly manufacturer at Akron, O., files bankruptcy petition; $800,000. assets, $30. 19-John Kehoe, builder of New York, files bankruptcy petition: $1,520,085; no assets. 22-D. Appleton & Co., New York, publishCTS: $3,000,000. 26-Rutland, Vt., Merchanis' Nat. bank.... Keene, N. H., Five Cent savings bank for $1.449,058; and Guarantee savings bank for $718,873. Apr. 3-Cambridge (Neb.) State bank; $40,000. 10-Columbus, O., Reinhard & Co.'s bank; $140,000. 12-Yates Center. Kan., Citizens' state bank. 27-Anolph Landauer, dry goods dealer of Milwaukee: $391,945.31. May 11-Frank L. Fuller's private banks at Rockford and Cedar Springs, Mich. 21-Pentwater, Mich., Neilson & Co.'s bank. 26-Price, McCormick & Co., of New York, cotton brokers and shippers; $13,000,000. 28-Seymour, Johnson & Co., stock and cotton brokers of New York; $500,000. Jun. 5-W. C. Shields' bank at Mulberry Grove, III. 15-McNair & Alexander, cattlemen at Ashland. Kan.; $542,000. Aug. 13-Henry J. Neill. the "barley king," files petition in bankruptcy; $500,000.... Kingfisher (Col.) bank: $61,000. 17-Somerset (Ky.) Nat. bank. Sep. 6-Lamont (III.) state bank; $12,000. 7-Fifth Avenue Savings & Loan Ass'n., of McKeesport, Pa.; $500,000. 18-Hatch & Foote, New York brokers: $2,000,000. 19-South Danvers Nat. bank, at Peabody, Mass. Nov. 17-German Nat. bank. at Newport, Ky. Dec. 12-Bank at Brillion, Wis. 13-Order of Chosen Friends, large fraternal insurance association.

23. January 8, 1901 The Bourbon News Paris, KY
Article from The Bourbon News, January 8, 1901

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BUSINESS FAILURES. Jan. 3--Wabasha, Minn., People's bank. 6-Rahway, N. J., Union county bank.... New York. Hulbert H. Warner, patent medicine manf.: $2,319,027. 9-Plankinton, S. D., State bank. 17-Chicago, Francis P. Owings, real estate; $5,364,977. Feb. 7-New Bedford, Mass., Henry E. Holcomb, manf.; $1,351,438 Boston, Miner, Beal & Co., clothing firm, $450,000. 26-United States milling combine (flour trust); $15,000,000. Mar. 3-Port Jervis (N. Y.) Nat. bank resumes: had suspended payment in December. 5-J. F. Seiberling, formerly manufacturer at Akron, O., files bankruptcy petition; $800,000, assets, $30. 19-John Kehoe, builder of New York, files bankruptcy petition; $1,520,085; no assets. 22-D. Appleton & Co., New York, publishers; $3,000,000. 26-Rutland, Vt., Merchants' Nat. bank.... Keene, N. H., Five Cent savings bank for $1,449,058; $718,873. and Guarantee savings bank for Apr. 000. 3-Cambridge (Neb.) State bank; $40,10-Columbus, $140,000. O., Reinhard & Co.'s bank; 12-Vates Center, Kan., Citizens' state bank. 27-Anolphยฎ Landauer, dry goods dealer of Milwaukee; $391,945.31. May 11-Frank L. Fuller's private banks at Rockford and Cedar Springs, Mich. 21-Pentwater, Mich., Neilson & Co.'s bank. 26-Price, McCormick & Co., of New York, cotton brokers and shippers; $13,000,000. 28-Seymour, Johnson & Co., stock and cotton brokers of New York; $500,000. Jun. 5-W. C. Shields' bank at Mulberry Grove, Ill. 15-McNair & Alexander, cattlemen at Ashland, Kan.; $542,000. Aug. 13-Henry J. 0 Neill, the "barley king." files petition in bankruptcy; $500,000.... Kingfisher (Col.) bank: $61,000. 17-Somerset (Ky.) Nat. bank. Sep. 6-Lamont (Ill.) state bank: $12,000. 7-Fifth Avenue Savings & Loan Ass'n., of McKeesport, Pa.; $500,000. 18-Hatch 000,000. & Foote, New York brokers; $2,19-South Mass. Danvers Nat. bank. at Peabody, Nov. 17-German Nat. bank, at Newport, Ky. Dec. 12-Bank at Brillion, Wis. 13-Order of Chosen Friends, large fraternal insurance association. 21-American nat. bank of Balvimore, Md. 25-Isaac Robinson, at Balkimore, Md., manufacturer: $800,000.

24. February 8, 1901 The Olneyville Times Providence, RI
Article from The Olneyville Times, February 8, 1901

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DOMESTIC. Rosalie Fontaine was attacked by Warren Matthews, a negro, who was promptly lynched at Ocean Springs, Miss. Evidence is accumulating that Miss May L. Fosburgh was killed by a burglar in Pittsfield. Mass. Conflict between missions in Schenectady, N. Y., threatens the compact between the Unitarian and Universalist churches to respect the territory of each other. Banished for ten years from Germany for duelling. Carl Dammann, late a captain in the German Army, blew out his brains at Wauwatosa, Wis. The suspended German National Bank, of Newport, Ky., has resumed business. The Tennessee anti-cigarette bill has become a law, and dealers in the State will discontinue sale and return their stock to the manufacturers. Mrs. Mary Palmer Banks, widow of General Nathaniel P. Banks, died at her home, in Waltham, Mass. She was eighty-one years old. The Coates Opera House, the principal theatre of Kansas City, Mo., was totally destroyed by fire. The loss amounts to $100,000. McAlister, Campbell, Death and Kerr, the convicted murderers of Jennie Bosschieter at Paterson. were taken to the State prison at Trenton, N. J. Public School Superintendent Cooley, of Chicago, ordered that all children in the city schools be vaccinated immediately. The Governor of Arizona has recommended to the Interior Department the removal of the public offices at Tucson. Arizona. to Phoenix, the capital of the Territory. George W. Ball's jewelry store, at Hartford, Conn., was robbed of $1000 worth of diamonds while in charge of a boy. Doctors cannot decide the cause of the mysterious death of Francis L. Rawson, a preminent musician, at Racine, Wis. At the $500,000 fire at Des Moines, Iowa, several firemen were injured. Ben Hur, the only American born camel, which appeared in the first production of the Lew Wallace's drama, died of pneumonia at Boston. It was worth $1500. William J. Timmermann, a clerk in the New York Postoffice, was arrested on the charge of systematically robbing the mails.