5253. Second National Bank (Rockford, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
482
Charter Number
482
Start Date
October 15, 1896
Location
Rockford, Illinois (42.271, -89.094)

Metadata

Model
gpt-5-mini
Short Digest
938b67de

Response Measures

None

Receivership Details

Depositor recovery rate
98.4%
Date receivership started
1896-11-10
Date receivership terminated
1901-05-06
OCC cause of failure
Losses
Share of assets assessed as good
27.0%
Share of assets assessed as doubtful
33.4%
Share of assets assessed as worthless
39.6%

Description

Multiple dispatches (Oct 15, 1896) report the Second National Bank of Rockford suspended and gone into voluntary liquidation due to inability to realize on assets / steady shrinkage of deposits. A receiver appointment for the Second National Bank of Rockford is reported Nov 10, 1896, indicating the bank remained closed and went into receivership.

Events (4)

1. July 13, 1864 Chartered
Source
historical_nic
2. October 15, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Inability to realize on assets; steady shrinkage of deposits since July 1 led directors to suspend and go into voluntary liquidation.
Newspaper Excerpt
Rockford, Ill., the oldest financial institution in the city, has gone into voluntary liquidation. The result is due to a steady shrinkage of deposits since July 1.
Source
newspapers
3. November 10, 1896 Receivership
Source
historical_nic
4. November 10, 1896 Receivership
Newspaper Excerpt
The Comptroller of the Currency has appointed receivers ... Second National bank of Rockford, Ill., H. H. Waldo.
Source
newspapers

Newspaper Articles (18)

Article from Evening Star, October 15, 1896

Click image to open full size in new tab

Article Text

Rockford, III., Bank Suspends. The controller of the currency was today informed of the suspension of the Second National Bank of Rockford, III., and he directed Bank Examiner Cook at Ottawa. III., to take charge of the bank. According to last reports, this bank had a capital of $200,000; surplus and undivided profits, $70,000; individual deposits, $320,000; assets, $71,000; loans and discounts, $379,000. The average reserve during the last thirty days has been per cent above the legal requirement. The failure is attributed to the bank's failure to realize upon its assets.


Article from Santa Fe Daily New Mexican, October 15, 1896

Click image to open full size in new tab

Article Text

BUFFALO BANK FAILURE. Owing to Heavy Withdrawals, Bank of Commerce Suspends-One of the Leading Financial Institutions of Buffalo. Buffalo, N. Y. Oct. 15.-At 2 o'clock this morning the directors of the Bank of Commerce, one of the leading financial institutions of this city, announced that, owing to heavy withdrawals, the bank was compelled to suspend business and place its affairs in the hands of the banking department for examination. The withdrawals have recently been quite large. The directors expect the bank to be able to resume business in a short time. The bank was organized in July, 1873, and is quoted as having $800,000 surplus and a capital of $400,000. It was supposed to be one of the soundest financial institutions in the city. BANK FAILURE IN ILLINOIS. Washington.-The comptroller of the currency has received a telegram announcing the failure of the Second National bank of Rockford, Ill. Bank Examiner D. A. Cook has been placed in charge. The bank has a capital of $200,000 and at its last report its deposits were $320,000. Inability to realize on assets is given as a cause of the failure.


Article from Alexandria Gazette, October 15, 1896

Click image to open full size in new tab

Article Text

TELEGRAPHIC BREVITIES Baker & Co., dealers in toos Baltimore, have assigned. New The steamers arriving at to-day report rough experiences the recent storm. The wholesal grocery of W. M Harrish was destroyed this morn nz. Loss $56.000, The recent declaration Ireland of the gold standard bas ome comment among the faith in St. Louis. Chairman Danior of the Not democratic committee says more and more confident that will carry New York. four Pearson & Wetzel's big wholesale queensware establishm Indianapolis, Ind., was destro fire this morning. The loss over $75,000. J.D. Kennedy, a banker the wealthiest citizens of Man Iowa, commited suicide last hanging himself. Business said to have led to the suicide Geo. M. Jaggers. aged one time the largest hat manu in the east. in a fit of desponder losses, committed suicide this by inhaling gas at his home in N.J. The Second national bank. ford, Ili., the oldest financial tion in this city, has gone tary liquidation. The result a steady shrinkage of deposits July 1. Mrs. Rachael Kleeberg west 115th street, New York down on a stairway of a shortly before noon yesterde robbed of her diamond earrings at $800. Miss Jennie Catlin, daughter tain and Mrs. Robert Catlin, of ington, and a niece of Bishop who is visiting relatives in Irvine N. Y., was thrown down an ment while coasting on her wheel terday and seriously injured. The Bank of Commerce of N. Y., has suspended business an examination into its aflairs banking department. The CITEC stated that on account of large drawals they decided to take this The bank had a capital of $200,000. Miss Eloise Mortimer, prima donn of the Wilbur Opera Company married last night to Louis F. Schmid of Rochester. N. Y. The ceremor took place in Whitney's Opera Houst Detroit Mich., at the conclusion of las evening's performance of "Fra Dia volo." F.C. Bassick, of Bridgeport, Conn received word to day that the United States Supreme Court had awarde him possession of the Bassick mine, located in Rosita, Chester count Colo. The proyerty is worth $5,000.00 and the fight for its possession has be in progress for the last eleven year when he was "frozen out." Leopold Adler, a traveler for PI delphia jewelry manufacturers, are in Portland, Oregon, last night the East. minus his sample case taining $7.000 worth of jewelry, the train he formed the acquaintar of two well appearing young men, W treated him to drugged wine. Afte Adler had fallen asleep, the sharpe secured his sample case and left to train. A serious battle occurred yesterday afternoon between the sophomore an freshmen classes of the State University at Madison, Wis., at the close of the class meeting of freshmen. Several, clad only in Jersey suits, were left entirely naked. President Adams and a number of professors were witnesses of the affray. The trouble lasted nearl an hour and was suppressed by the at rival of the police. Several of the sophomores were ducked in Lake Men dota by victorious freshmen. At the annual convention of Brotherhood of St. Andrew in Pitts urg, Pa., to-day, the charge to Brotherhood was delivered by Bish Cortlandt Whitebead, of Pittsbure Hon. H. P. Ford, Mayor of Pittsbui elcomed the visitors to the city. was followed by council report and ports of standing committee. The convention will be held in Butha N.Y., and will be an international The council's report will show an crease of thirty chapters during year and some lapses. Adolphus Cohen Cole. 8 former banke New York. who absconded two years with $500,000 belonging to Italian ban Pennsylvania and New York, was to-day at the Broad Street Station Pennsylvania railroad, in Philadelphia Detective Donaghy. Mr. John S. Wise, who has been campaig ing in his former State, Virginia, called at publican headquarters in New York tood said "So far as the actual vote is cerned, we shall undoubtedly carry Virgin


Article from The Indianapolis Journal, October 16, 1896

Click image to open full size in new tab

Article Text

Other Business Troubles. PHILADELPHIA, Oct. 15.-A judgment for $11,000 was entered to-day against the wholesale clothing firm of Hexter Bros., doing business at 432 Market street. Their creditors are mostly in New York city and Philadelphia. The liabilities, it is announced, will reach about $170,000, and the failure is said to be due to stringency in the money market, which caused the banks to curtail discount accommodations. The house is an old and reputable one, and its credit has never been questioned heretofore. The firm was credited with a capital of $200,000 and has been meeting its merchandise obligations regularly. CINCINNATI, Oct. 15.-The brokerage firm of E. L. Harper & Co. closed their books last night, being compelled to make settlements. This caused reports to-day that Harper had assigned. but these reports are not correct. The doors of the firm were open to-day and it was doing business as usual, but a stock company is to be formed with Harper as president and manager and the affairs of the old firm are to be closed up. as it was unable to carry any more unpaid accounts. WASHINGTON, Oct. 15.-The Controller of the Currency has received a telegram announcing the failure of the Second National Bank of Rockford, III. Bank Examiner D. A. Cook has been placed in charge. The bank has a capital stock of $200,000 and at the date of its last report had deposits to the amount of $320,000 and undivided profits aggregating $70,000. Inability to realize on its assets is given as the cause of the failure.


Article from New-York Tribune, October 16, 1896

Click image to open full size in new tab

Article Text

AN ILLINOIS BANK SUSPENDS. Rockford, III., Oct. 15.-The Second National Bank, the oldest financial institution in the city, has gone into voluntary liquidation. The result is due to a steady shrinkage of deposite since July 1. The Clearing House states that depositors will be paid In full. and the bank will ultimately reorganize.


Article from Rock Island Argus, October 16, 1896

Click image to open full size in new tab

Article Text

ABBREVIATED TELEGRAMS. The Second National bank at Rockford, Ills., has suspended. The bank will be reorganized, and its obligations will be discharged in full. Colonel Francis L. Town, assistant surgeon general, U. S. A., at his own request has been placed on the retired list of the army, having served more than thirty years. The Bancroft, concerning whose trip to the Mediterranean sensational reports have been published, has arrived at Smyrna. Roy G. Schroeder, 4 years old, lies at his parents' home in Chicago in a critical condition. A savage bloodhound leaped over a fence into the street, where a number of children were playing, and terribly mangled little Roy. Among the incidents of registration at Detroit was the refusal of Mayor Pingree to register, because the officials demanded his age, which he refused to give. He has lost his vote. Senator Gillham's son declares the story of Wyatt's confession of the murder of Senator Gillham a fake. He declares Wyatt made no such confession. Dr. Herman Rakenius, of Chicago, who has been trying ever since last April to secure the possession of his two chiddren, Elsa, a girl of 15, and Carl, a boy of 12. has been awarded their custody by Country Commissioner Harper at Milwaukee. Seven tickets filed with the secretary of state of Missouri will appear on the official ballot. Postmaster General Wilson will make his first speech in behalf of the Palmer and Buckner ticket at Charlestown, W. Va., his home, tomorrow afternoon. Mrs. Lizzie Cline, aged 70, has brought suit at Perry, O. T., against her husband, C. A. Cline, who is aged 73, for divorce. The couple were pioneers in Ohio, and were married fifty years ago. Prince Michael Hilkoff, imperial minister of ways and communication of Russia, spent a day in Pittsburg looking over the Carnegie and other plants. An earthquake of great force has just shaken the city of Valparaiso, Chile. The shock was accompanied by alarming noises from the earth, but the damage done was slight. Chicago capitalists are negotiating for land in the Kankakee region near LaPorte, Ind., for the purpose of manufacturing binding twine and building paper from swamp grass. According to the New York Herald's correspondent at Cadiz, Spain. if Spain has not put down the insurrection in Cuba by March 1 next it is the intention of the government to give up the struggle and let the island go. Missouri's great Republican leader, Chauncey I. Filley, failed to register and cannot vote. The J. & P. Coates company, limited, of Giasgow, has bought Clark's MileEnd Thread mills at Newark, N. J. The price paid is sold to have been $1,250,000. Obituary: At Alto. Ind., William Harrison Finch, aged 74; at Warrington, Ind., Dr. R. D. Hanna; at Bay City,Mich., James Shearer, aged 73.


Article from Daily Kennebec Journal, October 16, 1896

Click image to open full size in new tab

Article Text

# NEWS NUGGETS. Brought by the Wires from North. East. South and West. The war department has rejected bids for forgings for mortars and small guns, some 90 in all, and called for new proposals. The prices ranged from about 29 to 35 cents a pound, which was considered excessive. The Connecticut branch of the American Federation of Labor at Hartford, Conn., Thursday, discussed a free silver resolution submitted by the national executive committee and voted to indefinitely postpone action upon it. Chas. Bowe, Peter Peterson, Herman Singer, were arrested at New York, Thursday, charged with having robbed Pierre Matis, a woolen merchant at 329 Broadway, of goods valued at $30,000. The men were in the employ of the firm. The 27th annual conference of the New England branch of the Woman's Foreign Missionary Society at Watertown, Mass., came to an end, Thursday. One hundred and seventy-eight delegates were present, besides many visitors from the six states. A special from Juneau, Wis., says that a letter from . T. Rambusch to his family confesses that his shortage will reach over $300,000. He says he will never be found. Developments indicate that the loan agent got away with fully $500,000 of other people's money. The Second National Bank, the oldest financial institution of Rockford, Ill., has gone into voluntary liquidation. The result is due to a steady shrinkage of deposits since July 1. The clearing house states that depositors will be paid in full and the bank will ultimately reorganize. The second day's sessions of the annual meeting of the National Unitarian Sunday School Association in All Souls Church at Greenfield, Mass., were largely attended. Rev. E. A. Horton, president of the association, presided. The day was given up largely to hearing of reports and election of officers. The cigar makers convention wound up business at Detroit, Mich., Thursday. The convention rescinded the action of Wednesday in regard to levying a quarterly assessment, and accepted an amendment raising the weekly dues from 20 to 30 cents. The cost of the convention was $30,000. T. C. Bassick of Bridgeport, Ct., received word, Thursday, that the United States supreme court had awarded him possession of the Bassick gold mine, located in Rosita, Custer county, Col. The property is worth $5,000,000 and the fight for its possession has been in progress for the last seven years. Judgement against Hexter Bros., manufacturers and wholesale dealers in clothing in Philadelphia, was entered, Thursday, for $81,000. The liabilities, it is announced, are about $170,600. The failure is said to be due to the stringency in the money market. The firm is credited with a capital of $200,000; assets not known. The Bank of Commerce of Buffalo, N. Y., has suspended business, pending an examination into affairs by the banking department. The directors state that on account of large withdrawals they decided to take this step. The directors expect that the bank will be able to resume in a short time. The bank was organized in July, 1873, and is quoted as having a surplus of $300,000 and a capitol of $200,000. The committee acting between the pool and brokers in Diamond Match stock at Chicago, Thursday, gave out the following report: "After numerous interviews and endless consultations we find the matter is so complicated and there are so many requirements by all the parties interested, that in our judgment it is impossible for us to accomplish anything. We therefore beg to be discharged." Leopold Adler, a traveler for a Philadelphia jewelery manufactory, arrived at Portiand, Oregon, Wednesday, from the East, minus a sample case containing $7000 worth of jewelry. On the train two young men treated him to drugged wine. After Adler had fallen asleep the sharpers secured his sample case and left the train at Livingston, Mont. The theives are said to be notorious bunco steerers. The striking weavers at the Salts textile factory, Bridgeport, Conn., Thursday, announced they would accept no compromise. The present scale of wages is almost too low to allow them a living, and they could not stand another reduction. The state arbitration committee was there, Wednesday, but accomplished nothing. The strikers say this is the lowest paying company in the plush business in the United States.


Article from The Seattle Post-Intelligencer, October 17, 1896

Click image to open full size in new tab

Article Text

CONDENSED DISPATCHES. The Bay State Gas Company, which operated the fourteen gas works of Boston, has gone into the hands of receivers. The comptroller of the currency has received a telegram announcing the failure of the Second National bank of Rockford, III. The bank has a capital of $200,000; and at last report deposits of $320,000 and undivided profits of $70,000. Inability to realize on assets is given as the cause of the failure.


Article from The Diamond Drill, October 17, 1896

Click image to open full size in new tab

Article Text

LATER. Mrs. Col. Vernon, of Red Key, Ind., gave her two small children a dose of poison and then poisoned herself. No cause is known for the deed. Michael Boyd and a man named Murphy were asphyxiated in a large gas tank at Syracuse, N.Y. Thomas White Ferry, ex-United States senator, died at his residence in Grand Haven, Mich., from cerebral apoplexy, aged 69 years. The Marine national bank at Duluth, Minn., suspended with heavy liabilities. The Second national bank. the oldest financial institution in Rockford, III., closed its doors, having gone into voluntary liquidation. Settlers in Ontonagon and Gogebic counties, Mich., were meeting with heavy losses by forest fires. The Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., suspended because of heavy withdrawals. The Union Pacific fast mail was held up by three masked men near Uintah, Utah, and the mail car was robbed. James Michael, the Welshman, broke the world's five-mile bicycle record ons the Garfield park track in Chicago, his time being 9:17 1-5. A gang of masked men looted the little town of Peryear, Tenn., and then started fires in many places, but the were extinguished with small loss. ) George Harris, William Smith an Charles Jones were killed and two cit! zens were wounded during an attemp to rob the bank at Meeker, Cal. Cummings Bros., exporters of hard wood lumber and logs at Houston, Texa failed for $100,000. Three men were fatally injured anti 20 others were more or less seriously injured in a trolley accident at a rail way crossing in Hazleton, Pa. J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him at Columbus, Ga., and was himself shot dead. In a wreek on the Florida Central road near Swansea, Gr... Baggage Master Lines and Mail Clerk Thomas were pinned down in the debris and burned to death. The annual report of the third assistant postmaster general for the past fiscal year shows that the total expenditure for the year was $90,626,296 and receipts $82,499,208, leaving a deficiency of $8,127,088, or a reduction of $1,679,956 less than the preceding year.


Article from The Ely Miner, October 21, 1896

Click image to open full size in new tab

Article Text

THE NEWS. Compiled From Late Dispatches. DOMESTIC. Gen. Edward S. Bragg, of Wisconsin, has been appointed by Attorney-General Harmon especial assistant to the United States district attorney for the eastern district of Wiscons:n. For the first time in the history of New York state courts women were appointed receivers in supplementary proceedings of insolvency in New York city. A statement prepared by the bureau of mints shows that during the month of September last the mints of the United States coined 2,700,100 silver dollars. The Cooperative Fruit company of New Castle, Cal., failed for $100,000. The notorious Bill Green gang of desperadoes. composed of Bill, Edward and Arthur Green, was found near Oologah, I. T., and Bill and Edward were killed by the officers. The barkentine Thomas J. Stewart, of Boston, was lost at sea with her crew of 11 men. An organized effort is being made in South Dakota to boycott the hard coal combine throughout the northwest by inducing as many consumers as possible to substitute corn for fuel. Later advices from the storm on the Atlantic coast say that the property damage at Coney Island and other places in the vicinity will amount to over $500,000. Six lives were also lost. The Sherburne (Minn.) bank robbers have been identified as Lu Kellihan and his brother Hans, the latter, who was killed by his captors, being only 18 years old. Knights of the Golden Eagle from nearly every part of the United States met at Reading, Pa., in annual convention. The first irrigation fair in the history of the west opened at North Platte, Neb., with many thousands in attendance. George Harris, William Smith and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. The Marine national bank at Duluth, Minn., suspended with heavy liabilities. Cummings Bros., exporters of hardwood lumber and logs at Houston, Tex., failed for $100,000. The J. & P. Coates company of Glasgow, Scotland, has bought Clark's MileEnd thread mills at Newark, N. J., for $1,250,000. Three men were fatally injured and 20 others were more or less seriously injured in a trolley accident at a railway crossing in Hazieton, Pa. The Second national bank. the oldest financial institution in Rockford. III., closed its doors, having gone into voluntary liquidation. James Michael, the Welshman, broke the world's five-mile bicycle record on the Garfield park track in Chicago, his time being 9:17 1-5. The annual report of the third assistant postmaster general for the past fiscal year shows that the total expenditure for the year was $90,626,296 and receipts $82,499,208, leaving a deficiency of $8,127,085. or a reduction of $1,679,956 less than the preceding year. J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him at Columbus, Ga., and was himself shot dead. Michael Boyd and a man named Murphy were asphyxiated in a large gas tank at Syracuse, N. Y. In a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas were pinned down in the debris and burned to death. The Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., suspended because of heavy withdrawals. The Military Order of the Loyal Legion of the United States at its annual meeting in Philadelphia elected Rear Admiral Bancroft Gherardi, U. S. N., commander-in-chief. Settlers in Ontonagon and Gogebic counties, Mich., were meeting with heavy losses by forest fires. The president has appointed Robert A. Smith postmaster at St. Paul, Minn. The appointment ends a long contest over the office. Four members of the volunteer fire department of Blue Island, III., have been placed under arrest charged with burning the principal business block in that place some time ago.


Article from River Falls Journal, October 22, 1896

Click image to open full size in new tab

Article Text

At New Castle, Cal., the Cooperative Fruit company failed for $100.000. Three masked men held up the Union Pacific fast mail near Uintah, Utah, and the mail car was robbed. In South Dakota an organized effor C is being made to boycott the hard coal combine throughout the northwest by inducing as many consumers as possible to substitute corn for fuel. At Red Key, Ind., Mrs. Col. Vernon gave her two small children a dose of poison and then poisoned herself. No cause is known for the deed. John B. Hamilton, surgeon-general of the United States marine hospital, stationed in Chicago, sent in his resignation to President Cleveland. Masked men looted the little town of Peryear, Tenn., and then started fires in many places, but they were extinguished with small loss. On the Garfield park track in Chicago James Michael, the Welshman, broke the world's five-mile record, his time being 9:17 1-5. William Smith, George Harris and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. At Duluth, Minn., the Marine national bank suspended with heavy liabilities. The oldest financial institution in Rockford, III., the Second national bank, closed its doors, having gone into voluntary liquidation. At Columbus, Ga., J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him, and was himself shot dead. By a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas was pinned down in the debris and burned to death. At Baltimore, Md., the Manchester Cigar Manufacturing company failed for $100,000. It is reported that if Spain does not put down the insurrection in Cuba by March 1 next it is the intention of the government to give up the struggle and to let the island go. The Fifteenth infantry, U. S. A., left for Fort Bayard, N. M., after a residence of six years at Fort Sheridan, near Chicago. Col. Robert H. Hall, of the Fourth infantry, succeeds Col. Crofton as commandant of Fort Sheridan. At the age of 69 years Thomas White Ferry, ex-United States senator, died at his residence in Grand Haven, Mich., from cerebral apoplexy. J. S. Miller, a farmer living four miles north of Linden, Wash., lost his house by fire and six children were burned to death. Near Piedmont, Mo., John Imboden. aged 23, killed his sister, brother and an old man named Jacob Wilhelm who made his home with the Imbodens. George McKerrow, of Wisconsin, was elected president at the session in Chicago of the International Association of Farmers' Institutes. At the annual meeting in Manchester, la., J. II. Brigham, of Delta, 0, president of the National Grange, said that there are now nearly 100,000,000 members, and 27,000 granges in the United States. At a political meeting in Shelbyville, Ind., an anvil burst and balf of it was blown through a window in the residence of John Lansing, fatally injuring two children who were sleeping in the room. At Indianapolis, Ind., Rev. John W. Milam, pastor of the Madison Avenue M. E. church, and his wife have both been declared insane. Overwork on illness on her nort were


Article from Warren Sheaf, October 22, 1896

Click image to open full size in new tab

Article Text

THE NEWS. Compiled From Late Dispatches. DOMESTIC. The Sherburne (Minn.) bank robbers have been identified as Lu Kellihan and his brother Hans, the latter, who was killed by his captors, being only 18 years old. Knights of the Golden Eagle from nearly every part of the United States met at Reading, Pa., in annual convention. George Harris, William Smith and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. Cummings Bros., exporters of hardwood lumber and logs at Houston, Tex., failed for $100.000. The J. & P. Coates company of Glasgow, Scotland, has bought Clark's MileEnd thread mills at Newark, N. J., for $1,250,000. Three men were fatally injured and 20 others were more or less seriously injured in a trolley accident at a railway crossing in Hazle'on, Pa. The Second national bank. the old. est financial institution in Rockford, III., closed its doors, having gone into voluntary liquidation. James Michael, the Welshman. broke the world's five-mile bicycle record on the Garfield park track in Chicago, his time being 9:17 1-5. The annual report of the third assistant postmaster general for the past fiscal year shows that the total expenditure for the year was $90,626,296 and receipts $82,499,208, leaving a deficiency of $8,127,088, or a reduction of $1,679,956 less than the preceding year. J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him at Columbus, Ga., and was himself shot dead. Michael Boyd and a man named Murphy were asphyxiated in a large gas tank at Syracuse. N. Y. In a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas were pinned down in the debris and burned to death. The Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., suspended because of heavy withdrawals. The Military Order of the Loyal Legion of the United States at its annual meeting in Philadelphia elected Rear Admiral Bancroft Gherardi, U. S. N., commander-in-chief. Settlers in Ontonagon and Gogebic counties, Mich., were meeting with heavy losses by forest fires. The president has appointed Robet t A. Smith postmaster at St. Paul, Minn. The appointment ends a long contest over the office. Four members of the volunteer fire department of Blue Island, III., have been placed under arrest charged with burning the principal business block in that place some time ago. Mrs. Col. Vernon, of Red Key, Ind., gave her two small children a dose of poison and then poisoned herself. No cause is known for the deed. Dr. John B. Hamilton, surgeon-general of the United States marine hospital, stationed in Chicago, sent in his resignation to President Cleveland. The Union Pacific fast mail was held up by three masked men near Uintah. Utah. and the mail car was robbed. A gang of masked men looted the little town of Peryear. Tenn., and then started tires in many places, but they were extinguished with small loss. Capt. William Clarke, of Hampden, Me., shot and killed his wife and then shot himself. Jealousy was the cause. A treasury statement says that the first half of October shows a deficit of $5,739,873 and for the fiscal year to date of $30,934,009. The total receipts for the fiscal year to date have been $91,575, 670 and the expenditures have aggregated $122,509,670. The wholesale chinaware and crockery establishment of Pearson & Wetzel in Indianapolis was gutted by fire, the loss being $75,000. In a collision between two freight trains near Meridian, Miss., Will Tulsche, engineer, and Zip Alexander, fireman, were instantly killed and, 40 cars were wrecked. The Manchester Cigar Manufacturing company at Baltimore, Md., failed for $100,000. At the annual meeting in Colorado Springs, Col., of the International Typographical union William P. Prescott. of Toronto, Ont., was reelected president, and a nine-hour labor law was passed.


Article from Crawford Avalanche, October 22, 1896

Click image to open full size in new tab

Article Text

TWO BANKS FAIL. Second National of Rockford, and Bank of Commerce, Buffalo. The Second National Bank of Rockford, Ill., has suspended. Comptroller Eckels, who received a dispatch to that effect, said: "Its statement on Oct. 6 showed its capital stock to be $200,000; surplus and undivided profits, $70,000; deposits, $320,000; assets, $717,000; loans and discounts, $379,000. Its uverage réserve for the past thirty days was 3½ per cent. above the legal requirements. The troub.s, I understand, was its difficulty in collecting certain obligations due it." The bank will be reorganized, and its obligations will be discharged in full The directors of the Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., announced that, owing to the heavy withdrawals, the bank was compelled to suspend business and place its affairs in the hands of the banking department for examination. Nothing can be learned as to the assets and liabilities.


Article from The Worthington Advance, October 22, 1896

Click image to open full size in new tab

Article Text

The News Condensed. Important Intelligence From All Parts. DOMESTIC. A statement prepared by the bureau of mints shows that during the month of September last the mints of the United States coined 2,700,100 silver dollars. The notorious Bill Green gang of desperadoes, composed of Bill, Edward and Arthur Green, was found near Oologah, I. T., and Bill and Edward were killed by the officers. The barkentine Thomas J. Stewart, of Boston, was lost at sea with her crew of 11 men. An organized effort is being made in South Dakota to boycott the hard coal combine throughout the northwest by inducing as many consumers as possible to substitute corn for fuel. Later advices from the storm on the Atlantic coast say that the property damage at Coney Island and other places in the vicinity will amount to over $500.000. Six lives were also lost. The Sherburne (Minn.) bank robbers have been identified as Lu Kellihan and his brother Hans, the latter, who was killed by his captors, being only 18 years old. Knights of the Golden Eagle from nearly every part of the United States met at Reading, Pa., in annual convention. The first irrigation fair in the history of the west opened at North Platte, Neb., with many thousands in attendance. George Harris, William Smith and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. The Marine national bank at Duluth, Minn., suspended with heavy liabilities. Cummings Bros., exporters of hardwood lumber and logs at Houston, Tex., failed for $100.000. The J. & P. Coates company of Glasgow, Scotland, has bought Clark's MileEnd thread mills at Newark, N. J., for $1,850,000. Three men were fatally injured and 20 others were more or less seriously injured in a trolley accident at a railway crossing in Hazleton. Pa. The Second national bank. the oldest financial institution in Rockford, 111., closed its doors, having gone into voluntary liquidation. James Michael, the Welshman, broke the world's five-mile bicycle record on the Garfield park track in Chicago, his time being 9:17 1-5. The annual report of the third assistant postmaster general for the past fiscal year shows that the total expenditure for the year was $90,626,296 and receipts $82,499,208, leaving a deficiency of $8,127,088, or a reduction of $1,679,956 less than the preceding year. J. A. White shot and killed Richard M. Adams and William Jackson. police officers who were trying to arrest him at Columbus, Ga., and was himself shot dead. Michael Boyd and a man named Murphy were asphyxiated in a large gas tank at Syracuse. N.Y. In a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas were pinned down in the debris and burned to death. The Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., suspended because of heavy withdrawals. The Military Order of the Loyal Legion of the United States at its annual meeting in Philadelphia elected Rear Admiral Bancroft Gherardi, U. S. N., commander-in-chief. Settlers in Ontonagon and Gogebio counties, Mich., were meeting with heavy losses by forest fires. The president has appointed Robert A. Smith postmaster at St. Paul, Minn. The appointment ends a long contest over the office. Four members of the volunteer fire department of Blue Island, III., have been placed under arrest charged with burning the principal business block in that place some time ago. Mrs. Col. Vernon, of Red Key, Ind., gave her two small children a dose of poison and then poisoned herself. No cause is known for the deed. Dr. John B. Hamilton, surgeon-general of the United States marine hospital, stationed in Chicago, sent in his resignation to President Cleveland. The Union Pacific fast mail was held up by three masked men near Uintah, Utah. and the mail car was robbed. A gang of masked men looted. the little town of Peryear, Tenn., and then started fires in many places, but they were extinguished with small loss. Capt. William Clarke, of Hampden, Me., shot and killed his wife and then shot himself. Jealousy was the cause. A treasury statement says that the first half of October shows a deficit of $5,739,873 and for the fiscal year to date of $30,934,009. The total receipts for the fiscal year to date have been $91,575,670 and the expenditures have aggregated $122,509,670. The wholesale chinaware and crockery establishment of Pearson & Wetzel in Indianapolis was gutted by fire, the loss being $75,000.


Article from Perrysburg Journal, October 24, 1896

Click image to open full size in new tab

Article Text

Condensed. The News DOMESTIC. Important Intelligence From All Parts. and Smith Harris, William killed and two citito Charles were wounded Cal. zens George Jones were Meeker. during an attempt hard. the bank at exporters of wood lumber Cummings rob and Bros.. logs at Houston, Tex., Glasfailed for & $100,000. P. Coates company Clark's of Milegow. The thread Scotland, J. mills has at bought Newark, N. J., and for $1,250,000. End There men were more fatally or less injured seriously rail20 others were trolley accident Pa. at a oldinjured crossing in a in Hazleton. bank. the way Second national in Rockford, into est closed its The financial institution doors, having gone broke voluntary Ill., liquidation. the Welshman. his ou James world's Michael. five-mile track bicycle in Chicago, record the Garfield park 1-5. time the being annual 0:17 report of the for third the past assistant The postmaster that general the total expendi- and refiscal year shows WAS $90,626,296 deficiency or ture $82,499,208. reduction of the preceding less than shot and killed 956 ceipts of $8,127,088. for A. White the year a leaving Jackson. a year. Richard $1,679, police at Columbus. J. Adams and William trying to himself arrest shot him M. officers who were Ga., and was Murdead. Michael asphyxiated Boyd and a man in named a large gas tank phy were at Syracuse. on N.Y the Florida Central MasIn near a wreck Swansea, Clerk Ga., Baggage Thomas were ter road Lines down and in Mail the debris and burned the pinned to death. The Bank of Commerce, institutions one in of heavy Bufleading N. Y., financial suspended because of Lefalo. withdrawals. Order of the Loyal annual The Military the United States elected at its Rear gion meeting of in Bancroft Philadelphia Gherardi, U. S. N., Admiral commander-i Settlers in r-in-chief. Ontonagon were meeting and Gogehic with counties, Mich., forest fires. heavy losses president by has appointed at St. Paul, Robert Minn. A. The Smith appointment postmaster ends a long contest fire The over the office. of the volunteer have Four members Blue Island, III., with department under of arrest charged block been placed principal business burning the time ago. place of Red of in Mrs. that Col. Vernon. some children Key. a dose Ind., No her two small poisoned herself. and for the deed. gave poison is known then Hamilton, cause surgeon-gen- hosDr. John B. States marine in his eral of stationed the United in Chicago, Cleveland. sent pital, to President mail was held resignation Pacific fast near Uintah, and the men masked up The by three Union the masked mail car men was robbed. looted then town of places, Utah. A gang of Peryear. Tenn., and but they little many small loss. started Hampden. were xunguished fires William in Clarke, with wife of and then Capt. and killed his was the cause. Me., shot Jealousy that the of shot himself. statement says deficit of fiscal year A treasury October shows a to date the $6,739,873 first half and for the total receipts $91,575. for $30,934,009. The have been 670 and the fiscal of year to expenditures date have aggreand crockIndiamapolis ery gated The establishment wholesale $122,509,670. was chinaware of gutted Pearson by & fire, freight Wetzel the in loss being collision $75.000. between Miss., two Will In a near Meridian, Zip Alexander, 40 were were Tulsche. trains engineer. instantly and killed and fireman, wrecked. Manufacturing cars The Manchester at Baltimore. Cigar Md., failed Colorado for union $100,000. company annual meeting InternationalType in reelected Springs, At the Col., of the William P. Prescott. president, of graphical Toronto. Ont.. was labor law president passed. and J. a H. nine-hour Brigham, Grange, of Delta, said O., at the that an. the National in Manchester. members la., of meeting 1,000,000 States. nual are now nearly in the United Hexand there 27,000 granges clothing firm failed of for The Brothers wholesale in Philadelphia Fort $170,000. 1er a residence of six the years Fifteenth at After near Chicago. for Fort Bay Sheridan. U. S. A., Robert left H. Hall, of the infantry. N. M. Col. succeeds Col Crofton Fourth ary. infantry. of Fort Sheridan. of Wilming as commandant Donoghue communder of ton. the Washington. Col. Union Del.. J. John Veteran was elected Legion at the meeting annual meeting in political was An Shelbyville, anvil burst Ind., a at window a and half in of the injuring it resitwo children in through Lansing, fatally in the dence blown of John who were sleeping of the pastor room. Rev. John W. M. Milam. E. Church at Indian- both Madison Avenue and his Overwork wife have on his and illness part been apolis. declared Ind., insane. on her part were the who assaulted causes. Miller. a negro young lady of was fine Miss Henry Blanche Gray. a county, Ga., family in Spelding


Article from Democratic Northwest and Henry County News, October 29, 1896

Click image to open full size in new tab

Article Text

WAYSIDE PICKINGS. NEWS NUGGETS FRESHLY CONDENSED FROM ALL SECTIONS. A Budget of Interesting Itoms For Each Day In the Week Taken From the Great Crush of News and Reserved Especially For This Column. Tuesday. The old directors of the Erie railroad are contnued. President Cleveland and his cabinet held a meeting Tuesday. The Baltimore baseball club has abandoned the trip to Europe. Prince Hilkoff, Russian minister of railroads, is in Chicago. The Liberals do not credit the story that Harcourt has left them. Herr Bruckner, the celebrated musical composer, is dead in Vienna. The "middle-of-the-road" Populists are trying to prevent fusion in West Virginia. William Ratcliff of Brazil, Ind., was fatally injured while hoisting coal in a gin shaft. Ex-Senator Charles Bronson and John D. Carroll of Kentucky are likely to fight a duei over the election. John Rowe of Chillicothe, O., was arrested for sending an obscene letter through the mails to Carrie B. Clark. Miss Mary G. Caldwell, founder of Divinity college at Washington, will be married at Dresden to Marquis des Merinville. Town Marshal George Lazure of Winchester, O., got into 6 fight over politics and was removed from office by Mayor May. At Hartford, Wis., the bodies of two men who had evidently been dead several weeks sewe found in some underbrush. Wednesday. 3. D. Kennedy, a ruined Dubuque (Ia.) banker, suicided. The Second National bank of Rockford, Ills, has suspended. The Butter, Eggs and Poultry association has been formed. President Diaz of Mexico was formalty proclaimed president. The Union Veteran Legion decided to meet in Columbus, O., next year. The campaigning generals were enthusiasiastically received at Louisville. The Kentucky bankers propose to retaliate the attacks made on them by home newspapers. The funeral services over the ashes of the late George Du Maurier took place in Hempstead church. A receiver has been appointed for Rose Coughlan in New York. Tom Sharkey has gone to New York to arrange for a fight with Corbett. The next annual convention of the Young Peoples Christian society will be held at Indianapolia Somuel Spencer of New York has been relieved of the receivership of the Southern roilway in Georgia. Hon. John Wannamaker has been re-elected superintendent of the State Sunday School Association of Pennsylvania. Harry Tillenburg and J. H. Cummings extorted money from Mrs. R. B. Barrati, who had been a former sweetheart of Tillenburg. They threatened to show her old love letters to her husband. They were arrested at Chicago.


Article from The Topeka State Journal, November 10, 1896

Click image to open full size in new tab

Article Text

Garnett Bank's Receiver. Washington, Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: Yates County National bank of Pen Yan,\N. Y.; First National bank of Garnet. Kan.; R. E. Spangler, First National bank of Eddy, N. M., Isaac Rodgers; Second National bank of Rockford, Ill., H. H. Waldo.


Article from Delaware Gazette and State Journal, November 12, 1896

Click image to open full size in new tab

Article Text

NT Official advices from Manila report the defeat of 4,000 Philippine rebels, by the Spanish troops, at Montalvan. William Evins, a Mantua, N. J., farmer, was run over by his team on Tuesday while bauling gravel and was almost instantly killed. By the explosion of a saw mill boiler in Perry county. Ky.. on Monday, Jack Francis and Roderick Baker were killed and nine others injured, three seriously. According to a Vienna dispatch, the families of most of the diplomats at Constantinople have left the city. The situation is regarded as very dangerous. In the United States district court at Macon, Ga., Tuesday, an order was signed for the sale of the A tlantic Short RRM price No "4721 uo line 'pexy The Rev. Alexis Bork, a young Methodist minister of Chicago, was killed by a wild animal in the Flathead Mountains, in Montana, a few days ago. Judge Foster. at Fort Scott, Kan., has made an order temporarily restraining Receiver Johnson from taking control of the Santa Fe railway property in that State. The Baltimore Chamber of Commerce has passed a resolution declaring its conviction that the banking business of the nation should not be a function of the government. The United States Treasury, for the first time in several years, is receiving gold in considerable quantities for custom duties. The gold reserve Tueiday stood at $122,234,315. Advices from Kaisarieb, Aoia Minor, state that the village of Everek has been plundered by a band of Turks, who killed 100 of the Armenian inhabitants and destroyed 50 houses. The Legislature of Alabama met Tuesday. Voting for Senator will begin on November 24th. Among the candidates are Senator Pugh, Gov. Oates, Gen. Pettus and John H. Bankhead. A carriage containing Charles F. Bright and Miss Catharine Boyer, B &q пмор una SHM JO both freight train at Gibraltar, Pa., Tuesday, and both the occupants were killed. At the invitation of Italian Socialists in America, Signor Verro has started for the United States. It is said he will organize the Italian Socialist residents in New York, Philadelphia Boston pue Miss Mary Kramer of Potter county, Pa., has been made insane by the pranks of practical jokers who frightened her while she was sleeping in a supposed haunted house, in paying a foolish election wager. The Comptroller of the Currency has appointed receivers for the following national banks: First. Garrett, Kan. First, Eddy, N. M. Second, Rockford, III., and Yates County National Bank, Penn Yan, N. Y. The Republican Congressional Campaign Committee is to be made permanent, with headquarters in Washington where, in connection with the National committee, it will continue the fight against free silver. In the supreme court in Troy, N. Y., Tuesday, ex County Treasurer George H. Morrison pleaded guilty to two indictments for misappropriating county funds, and was sentenced to 10 years and five months in Clinton prison. The body of Joseph Komorowski, who had been missing from Chicago since October 8th, was found on Monday night near the drainage canal. Leo Troso has been arrested on the suspicion that be had murdered Komorowski. It was rumored in Washington on Tuesday that Secretary Carlisle will recommend to Congress an increase in the tax on beer of from $1 to $2 per barrel and that this proposition is favored by the Commissioner of Inter1ᵉʳ At a luncheon given in his honor in New York Tuesday by Isaac H Seligman, Chairman Hanna said the administration recently chosen will go into office without pledges of any kind, and wholly uncommitted as regards the cabinet e JO Justice Lawrence, in New York City, Tuesday appointed E. J. Ross ancillary receiver of the assets in that State of the Ross & Baker Co., a New Jersey corporation, which has a silk mill at Port Oram. The liabilities of the company are said to be $140,000. A Topeka dispatch says that exChief Justice Horton has discovered that the Alien Land law under which the recent action for a receiver of the Santa Fe was brought, was never passed by the Kansas Legislature and its publication in the statutes was an MORIO At Whiteplains, N. Y., Tuesday, John Rodgers shot and killed William Smith, a fellow servant, and was then shot and killed himself, by the discharge of his own gun, while he was trying to kill Henry Weiss. It is supposed that Rodgers became suddenly insane. The Chief Justice JO