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Lynch ranks as one of the wealthy residents of Chicago, and has earned the reputation of being one of the most conservative, shrewd and cool-headed of business men. As illustrative of his nerve under trying circumstances It is told of him that early in June, 1893, when the famous "run" was made on the Chicago banks, Mr. Lynch arose from a sick bed and driving to the offices of the National Bank of the RepubHe informed the officials and directors there assembled that his private means were sufficient to meet the claims of all the bank's creditors, and that every cent of his fortune would be paid out before he would permit the doors of the institution to be closed. Mr. Lynch is an enthusiastic art collector, and has made several trips to Europe in the interest of his private collection.