486401226 48640
national
b682922e5c9dd4fcFull suspension, Books examined
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Receiver for Bank Appointed. Washington, Feb. 25.-The comptroller of the currency today appointed Bank Examiner Delay receiver of the First National Bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed the doors. On Feb. 12 the deposits amounted to $252,000.
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Belmont, Ohio, Bank Closed. The controller of currency today appointed National Bank Examiner J. W. DeLay receiver of the First National Bank of Belmont, Ohio, upon telegraphic advice from the directors of the bank that they had closed its doors. The following is a statement of the resources and liabilities of the bank as shown by the report of the national bank examiner of an examination made February 12, 1902: Liabilities-Capital stock, $50,000; surplus fund, $10,000; individual deposits, $251,596.75; circulation, $50,000; notes and bills rediscounted, $2,000; total, $363,596.75. Resources-Loans and discounts, $220,653.13; United States bonds and premium, $57,000; stocks, securities, claims, etc., $39,922.25; banking house, $8,100; due from banks, $17,016.17; cash on hand, $20,900.20; total, $363,596.75.
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BELMONT, O., BANK FAILS. Washington, Feb. 25.-The comptroller of the currency today appointed National Bank Examiner J. W. Delay receiver of the First National bank of Belmont, Ohio, upon telegraphic advice from the directors of the bank that they had closed the doors. The following is a statement of the resources and liabilities of the bank as shown by the report of the national bank examiner made Feb. 12, 1902: Liabilities-Capital stock, $50,000; surplus funds, $10,000: individual deposits $251,596; circulation $50,000: notes and bills discounted, $2,000; total, $363,596. Resources-Loans and discounts, $220,638; United States bonds and premiums, $57,000; stock, securities, claims, etc., $29,942; banking house, $8,100; due from banks, $17,016: cash on hand, $20.900. Total, $363,596.
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Ohio Bank Closed. WASHINGTON, Feb. 25.-The Comptroller of the Currency to-day appointed National Bank Examiner J. W. Delay receiver of the First National Bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed its doors. According to a report of the National Bank Examiner of an examination made on Feb. 12, 1902, the bank's liabilities amount to $363,596.75.
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An Ohio Bank Failure. Washington, Feb. 26.-The comp. troller of the currency has appointed National Bank Examiner J. W. Delay receiver of the First National bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed the doors.
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Capital Notes. W. Scott Smith, secretary to Secretary of the Interior Hitchcock, denied, Tuesday, reports that Mr. Hitchcock contemplates retiring from the cabinet. The denial is by authority of Secretary Hitchcock. The comptroller of the currency, Tuesday. appointed National Bank Examiner J. W. Delay receiver of the First National Bank of Belmont, Ohio, upon telegraphic advices from the directors of the bank that they had closed the doors. The bank's capital stock was $50,000 and It had deposits amounting to $251,196. Secretary Hay has been informed by the Turkish legation at Washington that Miss Stone has been released on Turkish territory. Mr. Leishman has not yet confirmed the press reports on this subject. The Board of Foreign Missions at Boston has telegraphed Sec. Hay an expression of thanks for the efforts of the state department which have resulted in Miss Stone's release. It has been practically decided that the formal cerémonies Incident to the taking over of the Danish West Indies by the United States shall be performed by the army. and it is probable that a detachment of troops from Porto Rico will be sent to the islands soon after the exchange of ratifications of the treaty to raise the flag and formally take possession of the new territory. While not definitely determined, It is stated that the Islands will be placed. with Porto Rico, under the control of Gov. Hunt.
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RECEIVER FOR OHIO BANK. First National, of Belmont, Closes With $363,000 Liabilities. The Comptroller of the Currency yesterday appointed National Bank Examiner J. W. DeLay receiver of the First National Bank of Belmont, Ohio, upon telegraphic advices from the directors of the bank that they had closed its doors. The bank's liabilities amount to $363,596.75.
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An Ohio Bank Failure. Washington, Feb. 26.-The comptroller of the currency has appointed National Bank Examiner J. W. Delay receiver of the First National bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed the doors.
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NATIONAL BANK IN OHIO SUSPENDS. Washington, Feb. 25.-The Controller of the Currency to-day appointed J. W. Delay, national bank examiner, receiver of the First National Bank of Belmont, Ohio. upon telegraphic advice from the directors of the bank that they had closed the doors. The First National Bank of Belmont, Ohio, suspension of which was announced yesterday, has as its local correspondent the Hanover National Bank. At the latter institution it was said that the Ohio bank had a small credit balance. Little or nothing else respecting the insolvent bank seemed to be known. A special dispatch from Belmont gives the bank's undivided profits as $300.
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THREE BANK, LIQUOR DEALER AND HARDWARE DEALER BANKRUPT. Belmont, Ohio, Bank Closes Its Doors Voluntarily. Washington, Feb. 25.-The comptroller of the currency today appointed National Examiner J. W. Delay receiver of the First National bank of Belmont, O., upon telegraphic advices from the directors of the bank, that they had closed the doors. The following is a statement of the resources and liabilities of the bank. as shown by the report of the National bank examiner of an examination made February 12, 1902: Liabilities-Capital stock, $50,000; surplus funds. $10,000; individual deposits $51,596; circulation $50,000; notes and bills discounted $2,000. Total, $363,596. Rescurces-Loans and discounts, $220,638; U. S. bonds and premiums, $57,000; stocks, secureties. claims etc, $20,942; banking houses, $8,100; due from banks, $17,016; cash on hand, $20,900. Total, $363,596.
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BANK RECEIVER APPOINTED. First National of Belmont. O. is in Trouble. Washington, Feb. 25.-The Controller of the Currency to-day appointed National Bank Examiner J. A. Delay receiver of the First National Bank of Belmont, O., upon telegraphic advice from the directors of the bank that they had closed its doors. The bank has a capital of $50,000 and deposits amounting to $251,000.
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Receiver for Ohio Bank. The Comptroller of the Currency has appointed National Bank Examiner J. W. Delay receiver of the First National Bank of Belmont. Ohio, upon telegraphic advice from the directors of the bank that they had closed the doors.
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BANK CLOSED ITS DOORS. Receiver Appointed for First National of Belmont, O. The Comptroller of the Currency Tuesday appointed Bank Examiner J. W. Delay receiver of the First National Bank, of Belmont, O., upon receiving a telegram from the directors announcing that they had closed the bank doors. The First National Bank of Belmont, was organized with a capital of $50,000. The cashier, William Kinney, recently went to California for his health, and A. M. Simpson acted in his stead. It is said that S. S. Murphy, one of the incorporators, has been investigating paper on loans. President Nathan B. Nichols called for an expert from Washington, and it is said he pronounced the bank safe provided the paper out was good. Cashier Kinney was summoned home. He arrived on Saturday and at a meeting of the board resigned. This caused a run on the bank and its subsequent closing.
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The Wheeling News of last week contained the following favorable mention of a promiment citizen of this place: The receiver of the First National bank of Belmont, Ohio., will commeaced the payement of a 35 per cent dividend to creditors on or about the 10th instant. Two dividends of 25 percent each have heretofore been paid, and this third one will be for 35 percent, making in all 85 percent, or more than $184,000 on proved claims, amounting to over $216,000 and due to nearly 600 creditors. Bank Examiner Francis Heermans of Kingwood, W. Va., was appointed rereiver in April last, and has been successful in realizing more from the assets of the insolvent bank than many of the creditors dared to hope for at the time of the bank's closing in February last. The payment oat of this dividend, over $75,000 will prove a help to the business community in and about Belmont.