California National Bank (San Francisco, CA)

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DEPOSITORS LOSE NOTHING

The California National Bank in Good Condition SAN FRANCISCO, Dec. 18.-United States Bank Examiner Cassidy, who is now in charge of the suspended California National bank, said to-day that from what he had been able to learn of the condition of the bank, after a hasty examination, he thought all the depositors would be paid in full. A definite statement, however, will not be forthcoming for several days. Cashier Ramsden claims that when matters are straightened, it will be found the bank had only suffered a slight impairment of its capital, and this will be made good, and the bank enabled to resume operations.

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The California National Bank of San Francisco suspended on the 17th owing to irregularities in the Cashier's accounts. The President says there are plenty of available funds to meet all demands without loss to depositors.

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A Student's Less

A. L. McLaine of Silverton, Or., who attends school in San Francisco, had $190 on deposit with the California National bank, which suspended yesterday.

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The Suspended Bamk

SAN FRANCISCO, December 18.-United States Pank Examiner Caseidy, who is now in charge of the suspended California National Bank, said to-day that from what he has been able to learn of the condition of the bank after a hasty examination, be thought all the deposi-

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The California National bank

of San Francisco, suspended payment Monday. R. P. Thomas, the president. stated that the suspension was due to irregularities of the cashier, C. H. Ramsden.

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The suspended Bank

SAN FRANCISCO, December 19.-President Thomas, of the suspended California National Bank, said to an interviewer to-day that from the outlook resulting from a partial examination of the bank's condition, he was satisfied that the bank would be able to resume operations on Monday. It was necessary that a meeting of the stockholders should be held first, and this will probably take place Saturday.

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The Suspended Bank Resumes

SAN FRANCISCO. Dec. 19, Special.President Thomas of the snspended California National bank said to-day that from the outlook resulting from the patient examination of the bank's condition he was satisfied that the bank would be able to resume operations on Monday. A meeting of the stockholders will probably be held on Saturday.

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SAN FRANCISCO, Dec. 18, Special.—The San Francisco & Northern Pacific Rail-Company to-day filed articles of incorporation with Frederick F. Low, Samuel G. Murphy, George W. Prescott, Phillip N. Lilienthal, Louis Sloss, William F. McAllister and Solon Pattee as a board of directors. The company proposes to purchase San Francisco & North Pacific railroad, San Francisco & San Rafael railroad, Sonoma Valley railroad, Cloverdale & Uukiah railroad, Marin & Naparr, and all three branches from Point Tiberon to the present terminus in Mendocino together with all the rolling-stock and ferries connected with the lines. The capital stock of the company is $6,000,000, of which $198,000 has been subscribed, $191,000 being credited to J. M. Donahue.

During the progress of the Benhayon murder trial to-day the jury were taken to the premises at 22 Geary street, where the body of Henry Benhayon was found. Subsequently in court Mrs. Parker, landlady of the house, was recalled and again asked whether she thought the rear entrance had been used about the time Benhayon visited the house. She replied positively in the negative.

At a convention this afternoon to take action with regard to making a California exhibit at London, M. M. Estern introduced a resolution that the legislature be requested to make an appropriation to maintain the exhibition for two years. Mayor Workmen of Los Angeles moved that the amount asked for be $250,000. This proposition was agreed to and it was determined to request Governor Waterman to make this recommendation in his message. Some opposition was expressed to the proposition of making an exhibition at the Paris exposition, but the motion was carried, expressing sympathy with the objects of the Paris exposition and promising to aid the state commissioner. A committee was appointed and the convention adjourned.

United States Bank Examiner Cassidy, who is now in charge of the suspended California National bank, said to-day that from what he had been able to learn of the condition of the bank after a hasty examintion, he thought all the depositors would be paid in full. A definite statement, however, will not be forthcoming for several days. Cashier Ramsden claims when matters are straightened out it will be found that the bank has only suffered a slight impairment to its capital, and this will be made good and the bank be enabled to resume operations.

### WRESTLING

SEATTLE, Dec. 18, Special.--James Fauekner, who sports the title of the champion middle-weight wrestler of the United States, issued a challenge to any man in Washington territory to wrestle three bouts, catch-as-catch-can, for $250 a side within two weeks. Peter Scumacker of Tacoma, to-night posted $60 forfeit for a match with Faulkner, mixed Greco-Roman and catch-as-catch-can. Faulkner bested Scumacker in the Olympic club at San Francisco last March.

Edwin Louderback, late of Philadelphia, has organized a company in which he is the principal stockholder, to establish a factory for the manufacture of sashes and doors, etc., to be located on the flats in Seattle harbor Construction will begin immediately and $100.000 will be invested. The body of Samuel Looney, mate of the brigantine T. W. Lucas, who mysteriously disappeared two weeks since, was found this afternoon under a boom of logs between the Oregon Improvement and Stetson & Post's wharves. Looney fell in the water while drunk. He was thought by some to have been shanghaied.

James Scott, author of the Scott liquor Inw, who died yesterday in Ohio, was secretary of Washington territory in 1869 and 1870 by appointment of President Grant.

PORTLAND, Or., Dec. 18, Special.-Ex-Sheriff Thomas A. Jordan and Saloon-keeper Joseph Taylor, convicted last week for interfering with Deputy United States Marshall Driskell when he arrested a suspected illegal voter at the June election, were fined $200 each and costs by Judge Deady to-day.

The local steamboat inspectors are investigating the recent fatal collison between the steamer cyclone and the tug Oswego. The evidence is conflicting.

Early this morning William Sheffield was assaulted by two thugs in the back yard of his house on South Third street, knocked senseless and robbed of a sum of money. His condition is critical.

The board of trade committee appointed to look after the proposition to consolidate Portland, East Portland and Albina, held a preliminary meeting to-day.

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Will be Even, SAN FRANCISCO, Dec. 20.-President Thomas of the California National Bank of San Francisco, which suspended last Monday, issued a statement to day of the bank's affairs as they stood last Saturday night, showing assets of $718,000. Thomas claims the liabilities will amount to the same figures.

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The Bank's Statement

SAN FRANCISCO, December 20.-President Thomas, of the California National Bank of San Francisco, which suspended last Monday, issued a statement to-day of the bank's affairs as they stood last Saturday night, showing assets of $718,300. Thomas claims the liabilities amount to the same figure.

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THE FRACTURED BANK

The Curtains Down and Net To Open Monday. SAN FRANCISCO, Dec. 22.-The doors of the suspended California National Bank still remain closed, and the examination by the United States bank commissioner is still in progress. A meeting of the stockholders was held this morning, but as no report had been handed President Thomas by the bank commissioner, there was no business transacte 1 beyond a discussion of the bank's affairs, and the meeting adjourned until Saturday next, when a statement is expected. President Thomas says he is confident the affairs will turn out satisfactory, and that depositors have no cause of alarm. The plan of opening the bank's doors on Monday has been abandoned, but it is thought they will be opened after the holidays.

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THE WEECKED BANK

Rumors of Reopening Its Doors in a Short Time. SAN FRANCISCO, December 22.-The doore of the suspended California National Bank still remain closed, and an examination by the United States Bank Commissioners is still in progress. A meeting of , stockholders was held this morning, but as no report has been handed to President Thomas by the Bank Commissioner, there was no business transacted beyond the discussion of the bank's affairs, and the meeting adjourned till Saturday next, when a statement is expected. President Thomas says he is confident that the affairs will turn out satisfactorily, and that the depositors have no cause for alarm. The plan of opening the bank's doors on Monday has been abandoned, but it is thought they will be opened after the holidays.

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WHY THE BANK SUSP ENDED

Forgeries on the Part of D. C. Wickham the Alleged Cause. SAN FRANCISCO, January 7. - -Decker C. Wickham, recently doing business under the title of the Lockspring Mattress Company, was arrested this evening on a complaint sworn to by Cashier Ramsden, of the Suspended California National Bank, who charges ihat Wickham has defrauded that institution out of nearly three thousand dollars at various times by means of forged papers, and that when he failed in November last the bank was his creditor to the amount of nearly forty thousand dollars, less than 50 per cent. of which he recovered from his assets. It was the investigation of Wickham's irregularities which, it is stated, led to the discoveries which closed the doors of the bank a short time ago. The particular offense with which he is charged is the forging of a bill of three months' acceptance for $311, signed in the name of F. H. Wilt, of Fresno, dated May 24,1888. The paper was cashed by the bank, but nvestigation showed there was no F. H. Wilt at Fresno, though a furniture dealer. of that name resided at Visalia.

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RECEIVER APPOINTED

-S. P. Young, of San Francisco, has been appointed receiver of the California National Bank of San Francisco, which failed on the 17th ultimo.

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DRUMMERS' LICENSE

The Supreme Court. Decides that it has No Jurisdiction. American Interests in Samoa to be Protected at all Hazards. The Admission of Utah not Probable at this Session. Terrible Rallroad Accident and Loss of Life in Ohio. SPECIAL DISPATCHES TO PROSPECTOR. Receiver Appointed. WASHINGTON. Jan. 15.-The Comptroller of the currency appointed S.P. Yeung, of San Francisco, receiver of the California National Bank of San Francisco.

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WASHINGTON, January 14th.-The Comptroier of the Currency has appo nted S.P. Young, of San Prencisco, Receiver of the California National Bank.

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Neb., is not likely to be placed in the hands of a receiver, the prompt action of Examiner Griffiths having resulted in recovering assets and securing doubtful debts to an important amount, and wealthy stockholders having offered to furnish cash sufficient to pay all claims on demand. If this offer is carried out the bank will resume business under a new management.

Consul General Sewall was before the senate committee on foreign relations yesterday, and continued his recital of the events of the past year or two on the Samoan islands. He was interrogated with particular reference to the communications that had passed between himself and the state department with re- gard to his efforts to protect American inter- ests on the islands. He will be still futher examined by the committee to-morrow.

Senator Dawes has introduced a bill for the division of the great Sioux reservation in Dakota. It requires the consent of the In- dians to be obtained to the opening of the reservation, and that the fund arising from the sale of the lands shall be held in trust for the six different tribes, instead of being held in a lump sum for the whole nation.

A special session of the house committee on foreign affairs has been called for Thurs- day next to consider the Edmunds resolution declaratory of the sense of the government of the United States relative to the participa- tion of foreign governments in the con- struction of the Panama canal.

It is now said that the wool schedule in the senate's tariff bill will probably be amended so as to provide for a clearer and more definite distinction between the several classes of wool, so as to prevent the importa- tion of any grade without paying the duty which rightly attaches to it.

A conference was had yesterday upon the Nicaragua canal bill, which failed to result in anything tangible except the rather unex- pected disposition of the conferees on the part of the house to insist upon many of the house amendments. Another meeting will be held to-morrow.

In the house yesterday Mr. Grosvenor, of Ohio, introduced a resolution calling on the secretary of the interior as to the number of clerks appointed in his department since March 4, 1885, without examination and certification by the civil service commis- sioners.

The comptroller of the currency has ap- pointed S. P. Young, of San Francisco, re- ceiver of the California National bank of San Francisco. This bank failed Dec. 17, since which time it has been in the hands of a National bank examiner.

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THE METROPOLIS

Return of a Captured Stage Robber-A Case of Small-pox-Etc. SAN FRANCISCO, March 5th.-Arthur W. Knox, recently telegraph operator at Ross' station, has been sent to the small-pox hospital. H. L. Gordon was yesterday brought to the city and delivered to Marshal Franks. He was recently captured in Missouri, and is charged with complicity in the stage robbery at Cloverdale. The Receiver of the California National Bank has given little satisfaction to the depositors. It is said that 22,500 had been collected and is now lying idle at the Sub Treasury. Some valuable papers, principally contracts, have been stolen from the Recorder's office. Several days ago a prominent attorney put a deed in his pocket and was going away with it when detected.

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Paying the Bank Creditors

WASHINGTON. April 20. - The acting comptroller of the currency has directed the receiverof the California National bank of San Francisco, California, to prepare checks for the payment of 65 per cent. to the creditors of the bank upon claims

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The California National Bank

SAN FRANCISCO, April 22.-The controller of the currency has ordered the payment of 65 per cent. of the liabilities of the suspended California National bank, of this city. The dividend amounts to $359,877. Checks will be sent to Washington for approval, and on their return will be payable at the sub-treasury. S. P. Young, the receiver, has issued his report for the first quarter of his incumbency, which shows the good assets to be $48,030; doubtful ones, $62,629, and worthless, $216,823. It look as if the creditors will fare better than was at first supposed.

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Dividend for Creditors

WASHINGTON, April 21.-The acting comptroller of the currency has directed the receiver of the California National bank of San Francisco, Cal., to prepare checks for the payment of 65 per cent to the creditors of the bank upon claims proved. amounting to $359,875, and forward the same for signature at the earliest day possible. The checks will be returned to the receiver for distribution. The bank failed Dec. 17, 1888.

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The Bursted Bank

SAN FRANCISCO, May 17.-S. P. Young, Receiver of the suspended California National Bank announces that he has

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this city, receiver of the California National Bank, with the understanding, however, that the stockholders of the bank are to have ninety days in which to arrange for the bank's resumption. It is expected that the bank will be opened for business in a short time.