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Skaguay Bank Suspends. SKAGUAY, Alaska., June 1, via Seattle, Wash., June 5.-The First Bank of Skaguay has closed its doors, and J. G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000.
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ALASKA'S FIRST BANK FAILURE Collapse of a Concern Follows the Disappearance of Its President. Seattle, Wash., June 6.-Alaska has experienced its first bank failure. The first bank of Skaguay closed its doors May 26, with liabilities of $16,000 and assets estimated to amount to $18,000. C. S. Moody, president and manager, is missing, and J. G. Price has been appointed receiver by District Judge Johnson. President Moody disappeared Friday and has not been seen since. He left the bank in charge of a young man, who gave as a reason for not cashing checks that he had lost the combination of the safe. The downfall of the bank has been gradual, and dates from the Soapy Smith troubles last summer. A bag of gold dust that was stolen from a returning Klondiker was discovered in the bank safe. The news reached Seattle bankers and Moody was no longer given credit. The losers are small depositors, many of whom had their all in the bank. The depositors created considerable commotion around the banking house when the news that the bank had closed its doors spread over the city.
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SEATTLE INKLINGS. While Judge Moore is absent from the city, his place is being taken by Judge Frank F. Reid, of Snohomish county. ... J. W. Corson has retained L. C. Gilman and James B. Howe as his attorneys in the disbarment proceedings now pending against him. ... June 15 is the day set for the opening of the Seattle Information Bureau. Otla M. Moore, the secretary. will be in charge and he will furnish desired information about Western Washington and its resources. ... News received from Skagway states that the First bank has closed its doors on account of financial troubles. The liabilities are said to be $16,000, and the assets $19,000. C. B. Moody, president of the bank, is thought to be in Juneau. J. G. Price has been appointed receiver by United States District Judge Johnson. ... A letter received from C. L. Wayland, formerly postal inspector at Seattle, who went north with Capt. Abercrombie's expedition. states that two new postoffices have been established in the Copper river district, one being at Valdes and another at Sunrise City. F. G. Barrett has been installed as postmaster at Valdes, and H. A. Smith is in charge of the one at Sunrise City. ... A party of ambitious goldseekers will leave next Saturday on the steamer Roanoke for the Koyukuk river in Northern Alaska. The party is under the leadership of E. G. Abbott, of Chester Oak, Ia. They are members of the Starbuck party, which left Seattle for Dawson last year on the bark Highland Light. They penetrated the Koyukuk country. and descended the stream a distance of 400 miles. The party is outAtting In this city, The names of the men are: E. G. Abbott, of Charter Oak, Ia.; F. A. Benjamin, of Marshalltown, Ia.; T. Vail, of Mar-
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FIRST BANK OF SKAGWAY FAILS. Closed Its Doors May 29-Liabilities $16,000 and Assets $18,000. Skagway has had a bank failure. On May 29 the First bank closed its doors, with liabilities placed at $16,000 and assets claimed to be $18,000. When last heard of C. S. Moody. the president and manager, was in Juneau, a letter received yes. terday at one of the local banks stating that he intended going into the interior from Juneau. J. G. Price was appointed receiver by United States District Judge Johnson. Advices received yesterday by steamer state that on the morning of May 29 the
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ABBREVIATED TELEGRAMS. Eduardo Romana has been elected president of Peru. Among the candidates for admission to West Point rejected was Elam J. Raymond, of Wisconsin. Frederick O. Prince, a well-known banker and former mayor of Boston, died there, aged 84 years. Two Huron county (Mich.) children picked and sold over 600 quarts of wintergreen berries this year. Dr. W. E. Moore, one of the oldest and best-known Presbyterian divines in the country, died at Columbus, O. The arbitration committee of the peace congress at The Hague has adopted the principal of arbitration and mediation between nations. Gus Johnson's clothing got caught in a belt in Griffin & Co.'s machine shop at Chicago and he was whirled about a shaft until he had been fatally hurt. Sherman M. Reese, assistant superintendent of the Ducktown Sulphur and Copper works, was assassinated by unknown parties near Chattanooga, Tenn. Fire originating in the motor-box of a south side elevated train at Chicago set fire to a crowded car. The hundred passengers filed out without excitement. Harry Hough, treasurer of the Cocheco Savings bank, of Dover, N. H., has been arrested and the bank closed. a shortage of $3,500 being charged against him. The First Bank of Skaguay has closed its doors and J. G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000. Librarian Hild, of the Chicago public library, has discovered that 100 pages have been cut from volume 15 of Sir Richard Burton's literal translation of "The Arabian Nights' Entertainment." What was probably the largest white oak tree in Michigan was cut recently on the Daniel Minnook farm north of Holly. It was 6 feet in diameter at the stump and 8 legs each 10 feet long were cut from it. A scaffolding fell at Kewaunee, Wis., precipitating three men to the ground. John Graff suffered the breaking of a rib and injury to his back; Jacob Zinsmeister suffered fracture of collarbone, and August Steinherst's nose was broken.
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A Skagway Bank Fails. The First Bank of Skagway, at Skagway, Alaska, has closed its doors, with $16,000 liabilities. The assets are said to be $18,000, but many say but $8000 will be realized. Judge Johnson has appointed J. G. Price receiver. He thinks the depositors will get about eighty per cent.
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Wednesday, June 7. Eduardo Romana has been elected president of Peru. The First Bank of Skaguay has closed its doors and J. G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000. Frederick O. Prince, a well-known banker and former mayor of Boston, died there, aged 84 years. Fire originating in the motor-box of a south side elevated train at Chicago set fire to a crowded car. The hundred passengers filed out without excitement. Dr. W. E. Moore, one of the oldest and best-known Presbyterian divines in the country, died at Columbus, O. Dr. George K. Pratt, owner of the St. Charles theater and the Academy of Music in New Orleans. is satisfied that the theaters were se n fire by an incendiary. The attorney general has rendered an opinion in which he holds that the secretary of the treasury has no authority under the law to compromise suits brought to recover additional duties on goods which have been undervalued where no fraud or irregularity is shown on the part of the importer.
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THE NEWS OF THE WORLD IN BRIEF. an Interesting Collection of Items from the Two Homispheres Presented in . Condensed Form- Culled from the TelI Johann Strauss, the famous composer, is dead. A severe tornado passed over Rocky Rapida, Iowa, Sunday. Several pipe manufacturers report the trust unorganized. Rear Admiral Schley has left for New ork-accompanied by Mrs. Schley. The St. Charles theatre at New Orleans was burned to the ground Sunday. A tornado a mile wide swept the country west of Dyersville, Iowa, Sunday evening. The robbers who held up the Globe and Florence stage in Arizona have been captured. The most intense heat for this time of year in many years prevailed in the eastern states Sunday. A combination of manufacturers of printing inks is peing formed, the capital stock to be $25,000,000. Yale defeated the Princeton baseball nine by the score of 8 to 0 in the first championship game of the series. A heavy wind storm swept over Central Kansas last week. George W. Reiter was killed and two of his family injured. At least fifty boats have capsized on Great Slave lake, Alaska, since last summer and many prospectors were drowned. The Italian steamer Minerva foundered June 1st and her crew are missing. Her master and second engineer were saved. The French cabinet council has de cided that the French cruiser Stax should proceed immediately and bring Dreyfus from the Isle of Devils back Prance. to Senator Fairbanks is on his way to Seattle, Wash., thence to Aláska, on a six weeks' pleasure trip on the cutter McCulloch. The mystery of the disappearance of $25,000 from the specie tank of the steamer Alameda on her voyage from Sydney to San Francisco, is still un solved. Congressman David B. Henderson of Iowa has received enough pledges to elect him speaker of the house of representatives. The steamer Orizaba from Skagway reports the mysterious disappearance of c. Ellls. chief engineer of the tug Golden Gate. As Italian laborer named Pasto is sentenced to be hanged on August 10th & Nelson, B.C., He shot Terence Ry. any Cranbrook the evening of April 27th. John, Flanagan, world's champion hammer thrower, wearing the N. Y. A. C. colors, won new fame by throwing s a hammer 164 feet-10 Inches and making a new record. A thousand employes of the Tennessee Coal, Iron & Railroad Company, have received an advance of 2½ dents per ton. This is the fourth advance within-a few-mionths. In view of the continued publication of inflammatory memorials in the Santiago press, General Brooke has issued an order directing the appointment of a press censor there. Mrs. Johanna 8. Schilling, of New York, aged 35, with her two daughters, Gertrude add Edna, were found dead in a tenement. All had been axphyxiated by gas, doubtless turned on by the mother. Admiral Dewey's health is still Improving. He will not visit England on his homeward journey, but will proceed straight to Gibralter and thence to New York, where he expects to arrive at the beginning of October. It was a premeditated riot that took place Sunday in Paris on the weigh. ing ground of the Autiel race course. The object of the rioters was to insult President Loubet and perhaps in the heat of action and fight, to get rid of him. M. Emile Zola, who has returned to Paris, has written asking the public prosecutor to send a notification of the sentence which the Versailles court passed upon him in the libel action growing out of the charges he brought against the officers who conducted the Esterhazy courtmartial. Sheriff Bradbury, of Kootenal county, has sent official notices to the auperiatendents of the railroads informing them of their infringement of the antialien laws of the state of Idaho and warning them that unless the law is complied with and they discharge all employes immediately whose employment is forbidden by law, arrests and prosecution will follow. Two cases of smallpox have been discovered in San Francisco. Frank Thompson, president of the Pennsylvania railroad, in dead. "The steamer Pelican was lost while en route from Puget Sound to China. Brigadier General Charles King of the Philippines has been honorably discharged. Joe Corbett, the baseball player and brother of the pugilist, was married Wednesday. 12 Julius F. Edson, who is engaged in the engraving and publishing business in Chicago, has failed. DreW. E. Moore, one of the oldest and best known Presbyterian divines in the country, is dead. The First Bank of Skagway has closed its doors and J. G. Price has been appointed receiver. The American Academy of Medicine has elcoted Dr. G. H. Hudson Makuen of Philadelphia president. L. G. Hastings, assistant treasurer of the Rock Taland railway, in Topeka, committed suicide Sunday.
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The steamer Orizaba from Skagway reports the mysterious disappearance of J. C. Ellis, chief engineer of the tug Golden Gate. An Italian laborer named Pasto is sentenced to be hanged on August 10th at Nelson, B. C. He shot Terence Ryan at Cranbrook the evening of April 27th. John Flanagan, world's champion hammer thrower, wearing the N. Y. A. C. colors, won new fame by throwing a hammer 164 feet 10 inches and making a new record. A thousand employes of the Tennessee Coal, Iron & Railroad Company, have received an advance of 2½ cents per ton. This is the fourth advance within a few months. In view of the continued publication of inflammatory memorials in the Santiago press, General Brooke has issued an order directing the appointment of a press censor there. Mrs. Johanna S. Schilling, of New York, aged 35, with her two daughters, Gertrude and Edna, were found dead in a tenement. All had been axphyxiated by gas, doubtless turned on by the mother. Admiral Dewey's health is still improving. He will not visit England on his homeward journey, but will proceed straight to Gibralter and thence to New York, where he expects to arrive at the beginning of October. It was a premeditated riot that took place Sunday in Paris on the weighing ground of the Autiel race course. The object of the rioters was to insult d President Loubet and perhaps in the heat of action and fight, to get rid of him. 8 M. Emile Zola, who has returned to Paris, has written asking the public X prosecutor to send a notification of the sentence which the Versailles court S passed upon him in the libel action growing out of the charges he brought n against the officers who conducted the r Esterhazy courtmartial. Sheriff Bradbury, of Kootenai county, has sent official notices to the superintendents of the railroads informe ing them of their infringement of the n anti-alien laws of the state of Idaho and warning them that unless the law is complied with and they discharge all employes immediately whose emn ployment is forbidden by law, arrests and prosecution will follow. of Two cases of smallpox have been disn covered in San Francisco. Frank Thompson, president of the Pennsylvania railroad, is dead. The steamer Pelican was lost while en E route from Puget Sound to China. e Brigadier General Charles King of the n Philippines has been h cnorably discharged. Joe Corbett, the baseball player and e brother of the ex-pugilist, was married y Wednesday. is Julius F. Edson, who is engaged in the engraving and publishing business in Chicago, has failed. in Dr. W. E. Moore, one of the oldest and best known Presbyterian divines in the a country, is dead. g The First Bank of Skagway has closed m its doors and J. G. Price has been appointed receiver. ed The American Academy of Medicine has KS elected Dr. G. H. Hudson Makuen of Philadelphia president. ts L. G. Hastings, assistant treasurer of of the Rock Island railway, in Topeka, committed suicide Sunday. SThe dominion government has disal lowed the anti-Japanese law passed by the y last provincial legislature. The British ship Puritan has arrived in rt Victoria, B. C., 107 days from Cardiff. This lowers the sailing record one day. or Imports of wheat into Liverpool for the y. week: From Atlantic ports, 60,900 quarrters; Pacific ports, none; other ports, D42,000. Joseph LaBerga, a notorious agent of e General Weyler, who outraged defensen1 SS women and killed children, was lynched Tuesdav in Cuba.
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the order directing appointment press censor there. Mrs. Johanna S. Schilling, of New aged 35, with her two daughters, ertrude and Edna, were found dead a tenement. All had been axphyxiby gas, doubtless turned on by the other. Admiral Dewey's health is still imroving. He will not visit England on homeward journey, but will proceed raight to Gibralter and thence to York, where he expects to arrive the beginning of October. It was a premeditated riot that took Sunday in Paris on the weighground of the Autiel race course. object of the rioters was to insult resident Loubet and perhaps in the of action and fight, to get rid of M. Emile Zola, who has returned to has written asking the public osecutor to send a notification of the ntence which the Versailles court issed upon him in the libel action owing out of the charges he brought ainst the officers who conducted the sterhazy courtmartial. Sheriff Bradbury, of Kootenai counhas sent official notices to the surintendents of the railroads informthem of their infringement of the iti-alien laws of the state of Idaho warning them that unless the law complied with and they discharge employes immediately whose emoyment is forbidden by law, arrests prosecution will follow. Two cases of smallpox have been disvered in San Francisco. Frank Thompson, president of the Pennvania railroad, is dead. The steamer Pelican was lost while en from Puget Sound to China. Brigadier General Charles King of the ilippines has been h norably discharged. Joe Corbett, the baseball player and ther of the ex-pugilist, was married ednesday. Julius F. Edson, who is engaged in the graving and publishing business in Chihas failed. W. E. Moore, one of the oldest and known Presbyterian divines in the intry, is dead. The First Bank of Skagway has closed doors and J. G. Price has been apreceiver. The American Academy of Medicine has Dr. G. H. Hudson Makuen of Philelphia president. G. Hastings, assistant treasurer of Rock Island railway, in Topeka, comtted suicide Sunday. The dominion government has disalthe anti-Japanese law passed by the provincial legislature. The British ship Puritan has arrived in etoria, B. C., 107 days from Cardiff. lowers the sailing record one day. Imports of wheat into Liverpool for the From Atlantic ports, 60,900 quarPacific ports, none; other ports, 000. Joseph LaBerga, a notorious agent of Weyler, who outraged defensewomen and killed children, was lynchTuesday in Cuba. Commissioner Hermann of the general office, has decided to refuse the reof the woolgrowers of Utah and Wyfor a modification of the former orprohibiting the grazing of sheep on Uintah reservation in Utah. Two boys on May 14 found on the coast of Iceland a small cork case ntaining a slip of paper, dated July 11, signed "Andree, Strindberg and aencekel, and bearing the words: "All Thrown out about longitude 81, latunknown." Joseph Myers, the traveling representain Asia of the Pabst Brewing Commet a horrible death in the harbor Hong Kong. While ir the act of visitsome naval officers aboard the United cruiser Charleston he was crushed instantly killed by a boat which fell the warship. Sheep are dying by thousands in New exico. There has been a second attempt to
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THE WEEK NEWS OF THE WORLD IN BRIEF. in Interesting Collection of Items from the Two Hemispheres Presented in a Condensed Form-Oulled from the Telelgraph Reports. Two cases of smallpox have been discovered in San Francisco. Frank Thompson, president of the Pennsylvania railroad, is dead. The steamer Pelican was lost while en route from Puget Sound to China. Brigadier General Charles King of the Philippines has been honorably discharged. Joe Corbett, the baseball player and brother of the ex-pugilist, was married Wednesday. Julius F. Edson, who is engaged in the engraving and publishing business in Chicago, has failed. Dr. W. E. Moore, one of the oldest and best known Presbyterian divines in the country, is dead. The First Bank of Skagway has closed its doors and J. G. Price has been ap pointed receiver. The American Academy of Medicine has elected Dr. G. H. Hudson Makuen of Phil adelphia president. L. G. Hastings, assistant treasurer of the Rock Island railway, in Topeka, committed suicide Sunday. The dominion government has disal lowed the anti-Japanese law passed by the last provincial legislature. The British ship Puritan has arrived in Victoria, B. C., 107 days from Cardiff. This lowers the sailing record one day Imports of wheat into Liverpool for the week: From Atlantic ports, 60,900 quarters; Pacific ports, none; other ports, 42,000. Joseph LaBerga, a notorious agent of General Weyler, who outraged defenseless women and killed children, was lynched Tuesday in Cuba. Commissioner Hermann of the general land office, has decided to refuse the re quest of the woolgrowers of Utah and Wy oming for a modification of the former or der prohibiting the grazing of sheep on the Uintah reservation in Utah. Two boys on May 14 found on the north coast of Iceland a small cork case containing slip of paper, dated July 11. and 1897, signed "Andree, Strindberg Fraencekel, and bearing the words: "All well. Thrown out about longitude 81, lat itude unknown." Joseph Myers, the traveling representative in Asia of the Pabst Brewing Com pany, met a horrible death in the harbor of Hong Kong. While in the act of visit ing some naval officers aboard the United States cruiser Charleston he was crushed and instantly killed by a boat which fell from the warship. Sheep are dying by thousands in New Mexico. There has been a second attempt to burn the Episcopal and Catholic churches in Carson, Nev., recently. The record of the hottest day in New York since the establishment of the weather bureau was reached Tuesday. The question of transportation for the troops destined for the Philippines is worrying the military authorities greatly. Mrs. Belle Marshal Roloson, wife of R W. Roloson of Chicago, for 25 years prominent and wealthy member of the board of trade committed suicide at her home Tuesday. A terrible railroad accident which re sulted in the instant killing of Charles Es pey and his fourhorse team occurred at the crossing of the O. R. & N., one mile east of Garfield, Wash. Chief of Police Claire of Hamilton, O while with his wife and daughter Margaret in a carriage, attempted to cross the Cincinnati, Hamilton & Dayton railroad four miles south of there. A locomotive struck the carriage and all were killed. Two babies, children of Mrs. Carl Dett lof of Poplar Grove, Ill.,were instantly killed The mother left the cab on while A of wind a fast in-coming the front the depot station. of Tuesday. platform gust she freight stepped blew it train into in which mangled both children. Will Hill, an alleged accomplice in the of Rufus Hubbard in Bibb,county, has been Centerville to place had not reached up noon left Ala., jail, murder for captured. there the The negro to posse was in and it is believed Hubbard died battle with the of lynched. Tuesday A but second of his dynamiters wounds. Hill the Union Pacific express train has been fought in the mountains 40 miles north of Casper, Wyoming, by the sheriff's posse in pursuit Sunday and as a one man more lie dead. The fought Sunday on morning, was which probably has been result Teapot since first crek, battle and 30 miles north of Casper. No one was wounded during this engagement but several horses were killed. Richard P. Bland was slightly better d on Monday. Lieutenant Colonel Piequart has been provisionally released from custody in Paris. Thomas Gardiner, one of the oldest and best known publishers on the coast died at San Diego. Hon. Timothy Guy Phelps, chairman of the board of regents of the University of California, is dead. The American line steamer Paris, which ran on the rocks off the Manacles May 21st, is now known to be lost. The Grand Prix de Paris in the Paris races was won Sunday by Perth, with Velasquez second and Alhambra third. S. Clark, of Armour, S. D., shot and fatally wounded his wife and 15-yearold daughter near Belmont, and then disappeared. It is stated in official circles in the South African Republic that President Kruger will advise the abolition of the dynamite monopely. The strike architectural iron workers inaugur several days ago, in St. Louis is on, with out osed.
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DOINGS THROUGH THE WEEK NEWS OF THE WORLD IN BRIEF. in Interesting Collection of Items from in a the Two Hemispheres Presented TelCondensed Form-Oulled from the elgraph Reports. Johann Strauss, the famous composer, is dead. A severe tornado passed over Rocky Rapids, Iowa, Sunday. Several pipe manufacturers report the trust unorganized. Rear Admiral Schley has left for New York accompanied by Mrs. Schley. OrThe St. Charles theatre at New leans was burned to the ground Sunday. A tornado a mile wide swept the country west of Dyersville, Iowa, Sunday evening. The robbers who held up the Globe and Florence stage in Arizona have been captured. The most intense heat for this time of year in many years prevailed in the eastern states Sunday. A combination of manufacturers of printing inks is being formed, the capital stock to be $25,000,000. Yale defeated the Princeton baseball nine by the score of 8 to 0 in the first ehampionship game of the series. A heavy wind storm swept over Cen- W. tral Kansas last week. George Reiter was killed and two of his family injured. At least fifty boats have capsized on Great Slave lake, Alaska, since last summer and many prospectors were drowned. The Italian steamer Minerva foundered June 1st and her crew are missing. Her master and second engineer were saved. The French cabinet council has decided that the French cruiser Sfax should proceed immediately and bring Dreyfus from the Isle of Devils back to France. Senator Fairbanks is on his way to Seattle, Wash., thence to Alaska, on a six weeks' pleasure trip on the cutter McCulloch. The mystery of the disappearance of $25,000 from the specie tank of the steamer Alameda on her voyage from Sydney to San Francisco, is still unsolved. Congressman David B. Henderson of Iowa has received enough pledges to elect him speaker of the house of representatives. The steamer Orizaba from Skagway reports the mysterious disappearance of J. C. Ellis, chief engineer of the tug Golden Gate. An Italian laborer named Pasto is sentenced to be hanged on August 10th at Nelson, B. C. He shot Terence Ryan at Cranbrook the evening of April 27th. John Flanagan, world's champion hammer thrower, wearing the N. Y. A. C. colors, won new fame by throwing a hammer 164 feet 10 inches and making a new record. A thousand employes of the Tennessee Coal, Iron & Railroad Company, have received an advance of 2½ cents per ton. This is the fourth advance within a few months. In view of the continued publication of inflammatory memorials in the Santiago press, General Brooke has issued an order directing the appointment of a press censor there. Mrs. Johanna S. Schilling, of New York, aged 35, with her two daughters, Gertrude and Edna, were found dead in a tenement. All had been axphyxiated by gas, doubtless turned on by the mother. Admiral Dewey's health is still improving. He will not visit England on his homeward journey, but will proceed straight to Gibralter and thence to New York, where he expects to arrive at the beginning of October. It was a premeditated riot that took place Sunday in Paris on the weighing ground of the Autiel race course. The object of the rioters was to insult President Loubet and perhaps in the heat of action and fight, to get rid of him. M. Emile Zola, who has returned to Paris, has written asking the public prosecutor to send a notification of the sentence which the Versailles court passed upon him in the libel action growing out of the charges he brought against the officers who conducted the Esterhazy courtmartial. Two cases of smallpox have been discovered in San Francisco. Frank Thompson, president of the Pennsylvania railroad, is dead. The steamer Pelican was lost while en route from Puget Sound to China. Brigadier General Charles King of the Philippines has been honorably discharged. Joe Corbett, the baseball player and o brother of the ex-pugilist, was married Wednesday. Julius F. Edson, who is engaged in the engraving and publishing business in Chicago, has failed. Dr. W. E. Moore, one of the oldest and best known Presbyterian divines in the country, is dead. The First Bank of Skagway has closed its doors and J. G. Price has been appointed receiver. The American Academy of Medicine has elected Dr. G. H. Hudson Makuen of Philadelphia president. er L. G. Hastings, assistant treasurer of ic the Rock Island railway, in Topeka, committed suicide Sunday. d cl The dominion government has disallowed the anti-Japanese law passed by the last provincial legislature. The British ship Puritan has arrived in Victoria, B. C., 107 days from Cardiff. k record one dav.
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SKAGUAY BANK FAILURE. Skaguay's First Bank Passes into The Hands of a Receiver; Heavy Liabilities, News is given of the failure of the First Bank of Skaguay. The bank, which opened in December, 1897, is in the hands of a receiver with liabilities fixed at $16,000 and assets, such as they are. at $18,000. The Skaguay Alaskan says: "The bank was organized in 1897 as a stock company with a capital stock of $25,000 of which not more than $2,500 was ever paid in. Among the incorporators are C.S. Moody, who was president and manager of the bank: Charles Bullen, George Bullen, Thomas Aldrich, Norman S. Smith. George T. Williams, of Victoria, Thomas Ward, Fred Le Pennotier and three others from Portland, Ore. The bank was incorporated under the laws of Oregon which, makes every one of the stockholders responsible for the liabilities of the concern. The bank has been losing credit for nearly a year past since the bank was accused of harboring the sack containing $,3000 worth of gold dust was stolen by members of the Soapy Smith gang from a miner last July, and which led to Smith's death. While the charge was denied and never proven, the report of it affected the credit of the bank and reached the Seattle bankers, and from thence forward refused all further credit. The Skaguay bank was affected by it. and the advent of the Canadian Bank of Commerce at once changed the business from the American to the Canadian bank."
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A Skagway Bank Fails. The First Bank of Skagway, at Skagway, Alaska, has closed its doors, with $16,000 liabilities. The assets are said to be $13,000, but many say but $8000 will be realized. Judge Johnson has appointed J. G. Price receiver. He thinks the depositors will get about eighty per cent.