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A CLAIM FOR $2,000,000 SOLD FOR 81 50. Providence, R. I., Sept. 22.-One of the final acts In the settlement of the great Sprague estate 00curred to-day, when claims to the amount of $2,000,000 against the estate held by the receivers of the Franklin and Cranston Savings Banks, were sold for $1 50. The sale was a necessary formality In the settlement of the estate.
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FRANKLIN INSTIT. FOR SAVINGS. A Preliminary Meeting Held To-day-The Final Dividend Soon. The preliminary meeting of the depositors of the Franklin Savings bank was held to-day at 10:30 A. M. The report of the receiver was read and will be handed to the Supreme Court for approval. When that is done, which will require 30 days at le st. the receiver will at once proceed to compile the accounts for the final settlement. John C. Pegram stated that he would at once proceed to examine the accounts and make his final statement. No sug. gestions were made by the depositors present, but there was some inquiry as to the final dividend. Mr. Pegram stated that it would probably be between 21/4 and 3 per cent. The total dividends thus far paid have amounted to 83 per cent. When the books have been examined by Mr. Pegram a final meeting will be called. This will occur probably within the next two months.
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TROUBLES OF BUSINESS MEN. D. T. HEDGES FAILS IN SIOUX CITY-GOVERNOR M'CONNELL'S IDAHO COMPANY GOES UNDER. Sloux City, Iowa, April 25.-D. T. Hedges, the largest financial operator here. filed an assignment this afternoon for the benefit of creditors. There are no preferences. E. 11. Hubbard is assignee. The failure is attributed to the bad state of the money market and to inability to sustain the Pacific Short Line and Sioux City and Northern railroads on In. dividual credit. None of the local banks or merchants are involved. Much paper was issued through the Union Loan and Trust Company, and soon after filing of the Hedges notice of assignment that company also closed its doors. The secretary stated that the direct liabilities are not large. Hedges's schedule of assets. stocks and bonds, not including his real estate, is $1,823,640. The last of the claims against the Leeds Land Comparty were satisfied yesterday. and yesterday after neon, L. A. Black, receiver for the company, was discharged and the affairs of the company were put back in the hands of its directors and officers. The company has already arranged to take up Its old bonds with a new issue, which will be the last step in the clearing away of the $1,500,000 indebtedness. Grand Rapids, Mich., April 25.--In the United States Court to-day, Eastern creditors and bondholders got judgments aggregating $130,000 against the draulic Company of this city. and Thomas J. O'Brien was appointed receiver to wind up the affairs of the embarrassed corporation. Chicago, April 25.-Giles Brothers, one of the largest wholesale and retail jewelry firms in Chicago, are financially embarrassed. Confessions of judgment were entered against them in the Circuit Court this afternoon for over $85,000. Moscow. Idaho, April 25.-The McConnell & Maguire Company. a corporation, the largest mercantile house in Idaho, of which Governor McConnell is the head, was closed by the Sheriff yesterday. Attachments were placed amounting to $100,000. More are expected to-morrow. The assets amount to about $80,000 In stock and a large book account. The firm's business property is mortgaged for $25,000. The firm was incorporated for $100,000. Governor McConnell is deeply sympathized with by his numerous friends. It is thought that with careful management the firm may pay dollar for dollar. Last night it made a general assignment. Providence, R. I., April 25.-Receiver Greene. of the Franklin Institution for Savings which failed twenty years ago. to-day announced a final dividend, the payment of which will be begun May 1. The last dividend will be 2 9-10 per cent. and it will in the aggregate make the payment to depositors about 94 per cent. There were originally about 20,000 depositors. but a good many have died. and the books have been lost.
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Franklin Institution for Savings. FINAL DIVIDEND! The 9th and Final Dividend of 2 9-10 per cent. in liquidation has been declared and is now paya. ble at the Banking Rooms of the said Institution. 87 South Main street, Providence, R, I. Hours of payment from 10a. m. to 1 p. m. Providence, R. THOMAS I., May 1, C. 1893, GREENE, Receiver.
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Franklin Institution for Savings. FINAL DIVIDEND! The 9th and Final Dividend of 2 9-10 per ce nt in liquidation has been declared and is now paya. ble at the Banking Rooms of the said institution, 37 South Main street, Providence. R, I. Hours of payment from 10a. m. to 1 p. in. THOMAS C. GREENE, Receiver. Providence. R.I.. May 1, 1893.
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Franklin Institution for Savings, FINAL DIVIDEND! The 9th and Final Dividend of 2 9-10 per cent In liquidation has been declared and is now rayable at the Banking Room 8 of the said Institution, 87 South Main street, Providence, R, 1. Hours of payment from 10 a. m. to 1p. m. THOMAS C. GREENE. Receiver. Providence RL May 1. 180%
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Franklin Institution for Savings. FINAL DIVIDEND! The 9th and Final Dividend of 29-10 per cent in liquidation has been declared and is now payable at the Banking Rooms of the said institution 37 South Main street, Providence, R, I. Hours of payment from 10 a. m. to 1 p. m. THOMAS C. GREENE, Receiver. Providence, R. I., Mav 1, 1893,
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Franklin Institution for Savings. FINAL DIVIDEND! The 9th and Final Dividend of 29-10 per cent in liquidation has been declared and is now payable at the Banking Rooms of the said institution 37 South Main street, Providence, R, I. Hours of payment from 10 a. m. to 1 p. m. THOMAS C. GREENE, Receiver. Providence R. I. May 1. INDI,
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Franklin Institution for Savings FINAL DIVIDEND! The 9th and Final Dividend of 2 9-10 per cent in liquidation has been declared and is now payable at the Banking Rooms of the said institution 37 South Main street, Providence, R, I. Hours of payment from 10 a. m. to 1p. in. THOMAS C. GREENE, Receiver. Providence, R. I., May 1, 1893.
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Franklin Institution for Savings. FINAL DIVIDEND! The 9th and Final Dividend of 2 9-10 per cent In liquidation has been declared and is now payabie at the Banking Rooms of the said Institution 87 South Main street, Providence, R. I. Hours of payment from 10 a. m. tolp. m. THOMAS C. GREENE. Receiver. I rovidence, R. I., May 1, 189.L