Second National Bank (Lafayette, IN)

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ANOTHER DEPAULTER

Special Disputch to The Chicago Tribune. LAVAYETTE, Ind., Nov. 28.-The doors of the Second National Bank of this city closed at 1 o'clock to-day, and a notice was posted, signed by the President, Daniel Royse, stating that the Directors had decided that it was best for all concerned that the bank suspend payment; that the assets were ample' to pay depositors, but that the cash could not De realized in time to prevent the suspension; that an examination of the bank would be made and & statement pub-

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GENERAL NEWS

The Supreme Court of Appeais of Virginia decides that the Baltimore and Ohio Railroad Company 18 liable for damages for the persons killed at the Narrow Passage accident on the Valley division. Francis A. Eastman, formerly postmaster of Chicago, has filed a voluntary petition in bankruptcy. His secured debts amount to $52,000, due the United States; unsecured debts, $29,000; assets, $9,500. Bishop Walsh, of Ontario, was presented on the occasion of the tenth anniversary of his consecration, Wednesday, with a number of addresses, a purse of $3,000, and other valuable gifts by his priests and people. Elizabeth Robinson, of Antwerp, N Y., stopping at the Woodruff House, in Watertown, N. Y., blew out the gas on retiring Wednesday night, and was found next morning almost suffocated. Recovery doubtful. The Woman's Christian Temperance Union at Utica. N. Y., under the direction of Prof. Evans, of the Murphy reform movement, gave over 2,000 of the poor of that city a Thanksgiving dinner yesterday. Over 400 took the pledge. Louis F. Therasson, the New York lawyer, who was arrested last Friday on orders issued in two suits brought to recover an alleged deficiency of over $100,000 in his accounts with the Titus and Zabriski estate, was admitted to bail Wednesday. H. Ives & Co., hardware merchants, Montreal, Canada, have made an assignment; liabilities about $350,000. They only ask time. The Bank of Montreal 18 the largest creditor, and offers to give all the necessary accommodation, and the business will go on as usual. The Second National Bank of Lafayy ette, Ind., has suspended owing to a defalcation of the cashier. Charles T. Mayo. The amount of the detalcation as far as ascertained is $57,000. The asg le sets are said to be ample, but cannot now be readily converted into cash.

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A BANK BROKEN BY A THIEVING CASHIER. CINCINNATI, Ohio, Nov. 29.-The Second National Bank of Lafayette, Ind., suspended yesterday, owing to a defalcation of the cashier, Charles T. Mayo. The amount of the defalcation, as far as ascertained, is $57,000. The assets are ample, but cannot now be readily converted into cash.

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Commercial Failures

SUSPENSION OF AN INDIANA BANK ON ACCOUNT OF THE DEFALCATION OF ITS CASHIER. LAFAYETTE, IND., November 29.-The Second National Bank has suspended on account of the defalcation of its cashier. The assets are ample, but not immediately available. FAILURE OF A LONDON WINE-HOUSE. LONDON, November 29.-Richard Hooper & Sons, wine- and spirit-merchants of London, have failed. Liabilities, $1,250,000.

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BANK SUSPENSION IN INDIANA

CINCINNATI, Nov. 29 - -A special states that the Second National Bank of Lafayette, Ind., suspended yesterday, owing to a defalcation of the cashier, Charles T. Mayo. The amount of defalcation, as far as ascertained, is $5,700. The assets are ample, but cannot now be readily converted into cash.

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BANK SUSPENSION

CINCINNATI, Ohio, Nov. 29, 1877. A special states that the. Second National Bank of Lafayette, Ind., suspended yesterday, owing to a defalcation of the cashier, Charles T. Mayo. The amount of the defalcation, as far as known, 13 $57,000. The assets are ample, but cannot now be readily convertea into cash.

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Charles T

Mayo, cashier of the Second National Bank of Lafayette, Indiana, has defaulted to the amount of $57,000. Th e bank has suspended in consequence.

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THE Second National Bank of Lafayette, Indians,enspended on the 28th ult., owing depositors $200,000 among whom was the County Treasurer to the amount of $40,000. The cashier, who was at home sick, in a note to the President of the Bank, confesses himself a defaulter to the amount of $57,000. code

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The Second National Bank of Lafayette, Ind., has suspended owing to 11 defalcation of the cashier, Charles T. Mayo. The amount of the defalcation as far as ascertained is $57,000. The assets are said to be ample, but cannot now be readily converted into cash.

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WEST AND SOUTH.

The National Grange on the 27th elected the following officers for the ensuing year: Master, Adams, of Minnesota; Overseer, Woodman, of Michigan; Lecturer, Mortimer, of Cincinnati; Steward, Haughan, of Iowa; Assistant Steward, Symmes, of Kansas; Chaplain, Forsythe, of Illinois; Treasurer, McDowell, of New York; Secretary, Kelly, of Louisville; Gatekeeper, Dinwiddie, of Indiana; Ceres, Mrs. Adaras, of Minnesota; Pomona, Mrs. Woodman, of Michigan; Flora, Mrs. Moore, of Indiana; Lady Assistant Steward, Mrs. Hall, of Louisville.

Rande, the murderer, was delivered to Illinois officers by the St. Louis authorities on the 27th and taken to Galesburg, Ill.

Twenty colored people were drowned in the neighborhood of Buchanan, Va., during the recent flood. The destruction of property in the town and county is unprecedented.

A party of thirty colonizers left Pittsburgh on the 28th ult. in a flat-boat, intending to travel by river to Arkansas. A short distance from shore one of the steering oars broke and as the boat entered the Ohio River it struck a coal barge and broke in three pieces, throwing the emigrants into the water. A Swiss family named Rife-father, mother and two children-and an unknown man perished. The others were saved with the greatest difficulty.

The South Carolina Legislature met on the 27th ult. Swaits (colored), President pro tem. of the Senate, resigned as Senator, and Woodruff, Clerk, also resigned. Gov. Hampton sent in his annual message on the 28th. He strongly deprecates the repudiation of the State's obligations and urges the fostering of the public-school system to give free education to all classes. The special committee to examine into the election of Senator Patterson submitted their report. They examined about forty ex-members of the Legislature-white and colored Republicans-of whom twenty testified that they were bribed by Patterson or his agent; the others testified that offers of bribes were made to them and refused. Every witness testified that it was known among the members that Patterson was purchasing his election.

Two indictments for murder have been returned against Frank Rande by the Grand Jury at Galesburg, Ill.

Associate-Justice Wright (colored), of the South Carolina Supreme Court, has resigned. The Second National Bank of Lafayette, Ind., has closed, owing to the defalcation of Charles T. Mayo, its cashier. The shortage will reach $60,000.

Ex-Treasurer Cardozo, of South Carolina, has been sentenced to two years' imprisonment and $4,000 fine for conspiracy to defraud the State, and Smalls, Congressman, for accepting while Senator a bribe of $5,000, to three years at hard labor in the Penitentiary.

The National Grange on the 30th ult. adjourned to meet at Richmond, Va., next year. The Grange Bulletin was ordered to be discontinued.

The Missouri River was frozen over at Atchison, Kan., on the 30th ult.

Greenebaum, Runnion and Stanford, former Chicago Park Commissioners, have been indicted for conspiracy to defraud the city out of $60,000, and the officers of the Protection Life Insurance Company have been indicted for perjury in swearing to false statements.

The loss in Hardy County, W. Va., from the late flood will reach $400,000. Farms have been completely washed away and hundreds of farmers are ruined.

A communication addressed to Secretary Evarts by the Chinese six companies in San Francisco calls attention to the fact that the United States have received from China nearly $800,000 for outrages on American citizens and property in China, while the Chinese have been robbed and murdered in California and in not one case in fifty have the perpetrators been brought to justice. They desire that Chinese immigration be restricted within certain limits.

The Indians are again raiding on trains and murdering in the Black Hills. Two freight trains were captured and three ranchmen killed near Spearfish on the 1st.

Congressman Smalls, of South Carolina, has been released from prison on $10,000 bail to await the Supreme Court's decision on his appeal.

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Financial and Industrial

CHICAGO elevators contain 515,232 bushels of wheat, 294,880 bushels of corn, 84,168 bushels of oats, 61,580 bushels of rye, and 546,414 bushels of barley, making a grand total of 1,502,274 bushels, against 4,716,870 bushels at this period last year. THE failure of Richard Hooper & Sons, of London, wine and spirit merchants, is announced. Liabilities, $1,250,000. OWING to the defalcation of the cashier, the Second National Bank of Lafayette, Ind., has collapsed. NAVIGATION on the lakes and the Upper Mis sissippi is virtually suspended for the season. Two LARGE firms at Indianapolis failed the other day, viz., Maxwell, Fry & Thurston, iron merchants, and Dunham & Blackmore, commission men. THE public debt statement published Dec. 1, gives the total of the bonded debt at $1,721,934,450; the debt without interest at $437,893,411; interest due at $31,644,707; the cash in the treasury at $188,647,612; the debt less cash in the treasury at $2,046,027,065; decrease during November, $1,323,634; Pacific railroad bonds, $64,622,542; interest paid by the United States, $26,982,195.

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EDITORIAL NEWS NOTES

-Ray, White & Co., of the Louisville tobacco warehouse, the second largest stablishment of the kind in the state, I ave been forced to suspend. --The second national bank, of Lafays ,Ite. Indiana. plundered of $58,000 by a efaulting cashier, has had that amount made good, but will nevertheless go into iquidation. -Charles Francis Adams, Jr., is occu, pying the old Heoper residence in Washington this winter, and is employing his time writing the life of Albert Gallatin. -The Rev. Dr. E. C. Wines, of New York, has drawn $4,000expenses already incurred in making preparations to reps resent the United States at the Internatis onal Prison Congress at Strokholm next year, and $4,000 remains of the appros priation to detray his expenses as a deles gate there. -The New York firm, in whose interest all the trouble over the salt mine at El Paso has been occasioned, is said to be Foster. Ludlow & Co., who recently purchased the salt take under some old Mexican giant, and appointed Judge Howard their agent to protect the salt, and assess a royalty of 7 cents a bushel upon it. Judge Howard was killed by the enraged inhabitants, who then dis banded.