5336. First National Bank (Toluca, IL)

View Charter #4871 on SPMC

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: national
Bank ID: 4871
Charter Number: 4871
Start Date: July 5, 1905
Location: Toluca, Illinois (41.002, -89.133)

Metadata

Model: gpt-5-mini
Short Digest: 5c2ba5c3

Response Measures

Full suspension, Books examined

Receivership Details

Depositor recovery rate: 96.0%
Date receivership started: 1905-07-05
Date receivership terminated: 1911-08-10
OCC cause of failure: Excessive lending
Share of assets assessed as good: 25.4%
Share of assets assessed as doubtful: 64.0%
Share of assets assessed as worthless: 10.6%

Description

Multiple contemporaneous articles (dated July 5, 1905) report the First National Bank of Toluca, IL closed and a receiver appointed after failure of president C. J. Devlin. Some accounts note long lines of depositors and that directors posted a suspension notice to forestall withdrawals; others state there was no run when doors were closed. I interpret the sequence as depositor pressure/impending run prompting suspension and appointment of receiver (permanent closure). Receiver named in reports (J. Macsholt / J. M. McSholt / J. Macsholl).

Events (5)

1. May 10, 1893 Chartered

Source: historical_nic

2. July 5, 1905 Receivership

Source: historical_nic

3. July 5, 1905 Receivership

Newspaper Excerpt: The comptroller of the currency has appointed National Bank Examiner J. Macsholt receiver of the First National bank of Toluca, Ill., upon advice from the vice president of the bank that it would not open for business this morning.
Source: newspapers

4. July 5, 1905 Run

Cause: Bank Specific Adverse Info
Cause Details: Depositor pressure and runs/impending runs triggered by failure/ insolvency of C. J. Devlin (president) and his indebtedness to the bank.
Measures: Directors posted a suspension notice; bank requested examiner/receiver be placed in charge.
Newspaper Excerpt: both institutions were prepared to open for business this morning, but long before the hours of opening arrived long lines of depositors were ready to withdraw their funds. The directors ... immediately posted a suspension notice.
Source: newspapers

5. July 5, 1905 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Suspension ordered after discovery of the failure/financial collapse of C. J. Devlin, the bank's president, whose indebtedness imperiled bank assets.
Newspaper Excerpt: the First National bank of Toluca, Ill., upon advice from the vice president of the bank that it would not open for business this morning and a request to have an examiner take charge. The suspension of these banks is due to the failure of C. J. Devlin, who was president of both of them.
Source: newspapers

Newspaper Articles (21)

1. July 5, 1905 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, July 5, 1905

Click image to open full size in new tab

Article Text

Receiver Bradley in Charge. Tuesday afternoon J. T. Bradley the arrived in Topeka and took charge of affairs of the First National in place of E. Ames. Mr. Bradley is the nationE. bank examiner who has beenappointal ed temporary receiver by the comptroller of the currency. Mr. Bradley and Mr. Ames put in the the afternoon going over the affairs of this bank. Tuesday evening he made statement: friends of Mr. Devlin who have "The declaring that the First National a bank been will open for business within week will be disappointed. I am of the do opinion that the bank will never business again as a banking institution, take I am of the opinion that it will inat and least a year to make a thorough vestigation of the security and collatbank and learn its it is possible to eral do not of the believe bank value. finish which a I thorough investigation of a this has been in business as long as one has in less than that time." Mr. Ames confirmed the opinion of Bradley, adding that the institube able to declare to time among the Mr. from tion would time depositors. dividends dividend is probable that the first three It not be declared for two or the months. will The permanent receiver for a institution will be appointed within time and he will have to become short thoroughly acquainted with the affairs its of the institution and then convert securities into cash. brief, this is the condition of the, to bank. In The obligations of the bank depositors amount to about $1,300,000 is the against these deposits there othand property transferred and the turnTopeka real estate securities er to the bank by in all to $700,000. In the insurance policies ed amounting there over are Mr. addition Devlin turned value Mr. Devlin, the actual cash is stated at $200,000. bank, exclusive of in of sets by which of the amount the The Devlin as- to turned in, col$1,050,000. property Of this there is Devlin The with a par value of $600,000. actual lateral cash value of this collateral can yet be determined. The other notes not held by the bank amount to $300,000. Devlin's Illinois Banks Close. Washington, July 5.-The comptroller has appointed of of D. A. Cook, Bank the Examiner currency receiver bank, National of the Spring Valley National Spring Valley, Ill., upon advice received from Cook that the bank had closed. The comptroller has also appointed National Bank Examiner J. Macsholt, of of the First National bank upon advice from the of the bank that it receiver president Toluca, Ill., would and vice not a for business this morning take open request to have an examiner charge. The suspension of these banks is due to the failure of C. J. Devlin, who was president of both of them. The capital of the Spring Valley National bank is $50,000 and of the First National of Toluca is $100,000. When the First National bank of Topeka, controlled by C. J. Devlin, failed DevJuly 3. it was known that the lin on estate owed both the Spring Valley n National bank of Spring Valley, Ill., a and the First National bank of Toluca, and a Ill., which closed their doors today, 1 the suspension of the latter institutions rea was expected to follow as a natural 1 sult. Just what amounts the Devlin a estate owes to the two Illinois banks be- is f not known, but it is stated that they to e involved in loaning money t came the Toluca, Marquette & Northe ern build railroad, a small coal carrying road (Continued on Page Six.)

2. July 5, 1905 Santa Fe New Mexican Santa Fe., Santa Fe, NM

Article from Santa Fe New Mexican, July 5, 1905

Click image to open full size in new tab

Article Text

CLOSING OF t. t TWO BANKS S Directly Due to Failure of C. J. : e Devlin, President of Both. p IS FILED PETITION :In U. S. District Court Asking That e e Banker Be Declared Bankrupt in d Favor of Kansas City Creditors. Washington, July 5.-The comptrol. a ler of the currency has appointed Na. y tional Bank Examiner D. A. Cook as receiver of the Spring Valley National . s Bank of Spring Valley, Illinois, upon advice received from Mr. Cook that the : bank was closed. The comptroller 1 has also appointed J. Macsholt as receiver of the First National Bank of : Toluca, Illinois, upon advice from the 1 vice president of the bank that it would not be open for business this : morning. The suspension of these banks is due to the failure of C. J. Devlin, who was president of both. The capital of the Spring Valley National is $50,000 and of the First National of Toluca is $100,000. Unable to Make Statement Yet. Peoria, July 5.-D. A. Cook, national bank examiner, who was appointed as receiver of the Spring Valley Bank of Spring Valley, Illinois, was unable to make a statement today as to the condition of the bank's finances and of the amount owed the bank by the Devlin estate. There was no run on the institution when its doors were closed. Petition Filed in Court. Topeka, Kans., July 5.-A petition to declare C. J. Devlin a bankrupt will be filed in the United States district court today in behalf of the Kansas City creditors. Will the State Be a Preferred Creditor? Topeka, Kans., July 5.-The condition of the half a million of dollars of state funds in the First National Bank is causing much discussion among state officials. T. T. Kelly, state treasurer, believes the state will be considered a preferred creditor, as the money was left in the bank in the ordinary course of collection and not as a deposit upon which interest was drawn. J. T. Bradley, receiver for the First National says he does not believe the state will be a pre. erred creditor and that it will have to take its chances with the other creditors. Mr. Bradley says it will be 10 days before he will be able to give a statement of the liabilities and assets.

3. July 5, 1905 Evening Times-Republican Marshalltown, IA

Article from Evening Times-Republican, July 5, 1905

Click image to open full size in new tab

Article Text

DEVLIN BANKRUPT Petition Filed In the Federal Court Asking That He Be Declared Bankrupt-Two Illinois Banks Compelled to Close Owing to the Devlin Failure. Topeka, July 5.-A petition to declare C. J. Devlin a bankrupt was filed in the federal court today on behalf of the Kansas City creditors. Runs on the Topeka banks which started Monday, following the failure of the First National Bank had apparently been stopped when the institutions opened today. There was no excitement. The bank officials stated they were in better shape than ever to meet demands. Washington, July 5.-The comptroller of the currency has appointed a national bank examiner receiver for the Spring Valley National bank, Spring Valley, Ill., and the First National Bank of Toluca, Illinois, upon information that both institutions had closed. Suspension of the banks is due to failure of C. J. Devlin, president of both of them. The capital of the Spring Valley National bank is $50,000, of the First National Bank or Tulouca, $100,000. Topeka, July 5.-Just what amounts the Devlin estate owes to the Spring Valley and Toluca banks is not known, but it is stated they became involved in loaning money to build the Toluca, Marquette & Northern railroad, a small coal carrying road which Devlin was constructing to his mining property in Illinois.

4. July 5, 1905 The Providence News Providence, RI

Article from The Providence News, July 5, 1905

Click image to open full size in new tab

Article Text

MORE DEVLIN BANKS HAVE SUSPENDED Washington, July 5.-The comptroller of the currency has appointed National Bank Examiner D. A. Cook receiver of the Spring Valley National bank of Spring Valley, Ill., upon advice received from Examiner Cook that the bank had closed. The comptroller has also appointed Bank Examiner J. McSholtz receiver of the First National bank of Toluca. III., upon advices from the vice president of the bank that it would not open for business this morning and a request to have an examiner take charge. The suspension of these banks is due to the failure of C. J. Devlin, who was president of both of them. The capital of the Spring Valley bank is $50,000 and of the First National of Toluca $100,000.

5. July 5, 1905 Rock Island Argus Rock Island, IL

Article from Rock Island Argus, July 5, 1905

Click image to open full size in new tab

Article Text

DEVLIN'S FAILURE WRECKS BANKS Institutions at Spring Valley and Toluca, III., Forced to the Wall. Washington, July 5.-The comptroller of the currency has appointed national bank examiners receivers for the Spring Valley National bank, of Spring Valley, Ill., and the First National bank of Toluca, III., upon information that both institutions had closed. The suspension of the banks was due to the failure of C. J. Devlin, president of both of them. The capital of the Spring Valley Naitonal bank is $50,000, and of the First National of Toluca $100,000.

6. July 5, 1905 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, July 5, 1905

Click image to open full size in new tab

Article Text

From Washington. [Correspondence of the Alexandria Gazette.] Washington, D. C., July 5. Official Washington paid its last respects to the late Secretary of State this m orning at the Church of the Covenant of which Mr. Hay was a communicant. Members of the diplomátic corps and officers of the army and navy in full uniform, bureau chiefs, friends and admirers of the deceased joined in the memorial service. Impressive but simple grandeur marked the exercises and the mourning decorations. The polished oak of the pulpit pillar stood out in bold relief against a background of black. Across the communion table lay a silken flag half unfurled. On each side of the pulpit were huge pots of lilies of the valley, while between the chancel and the auditorium were tributes of orchids, palms, lilies of the valley and roses in profusion. The vast auditorium was filled and in the square about the ivycovered stone edifice hundreds who had been unable to secure entrance, stood with bowed heads. The services were conducted by Rev. Dr. l'eunis S. Hamlin, Mr. Hay's pastor, unassisted. An invocation, prayer, hymn, "For All Thy Saints Who From Their Labors Rest," and scriptural selections preceded the funeral address by the pastor. "Lead Kindly Light," by the quartette, funeral marches from Chopin and Guilmant on the organ and a benediction concluded the services. The Comptroller of the Currency has appointed National Bank Examiner D. A. Cook receiver of the Spring Valley National Bank, of Spring Valley, Illinois, upon advice received from Etaminer Cook that the bank was closed. The Comptroller has also appointed National Bank Examiner J. MacSholl receiver of the First National Bank of Toluca, Illinois, upon advice from the vice-president of the bank that it would not be open for business this morning and a request that an examiner take charge. The supervision of these banks is due to the failure of C. J. Devlin, who was president of both of them, and whose indebtedness to the First National Bank of Topeka, Kansas, caused the suspension of that institution on Monday. The capital of the Spring Valley National Bank is $50,000 and of the First National Bank of Toluca $100,000. Baron Rosen, the*new Russian Ambassador to this country and the peace plenipotentiary, is in Boston for a short stay before he comes to Washington. Although there were quite a number of accidents from the explosion of fire-

7. July 6, 1905 The Times Dispatch Richmond, VA

Article from The Times Dispatch, July 6, 1905

Click image to open full size in new tab

Article Text

DEVLIN FAILURE HAS RUINED THREE BANKS Two Others Yesterday Went Into Hands of Government Receiver. (By Associated Press.) WASHINGTON, D. C., July .-The Comptroller of the Currency has appointed National Bank Examiner D. A. Cook receiver of the Spring Valley National Bank, of Spring Valley, III.. upon advice received from Examiner Cook that the bank had closed. The comptroller has also appointed National Bank Examiner J. MacSholl receiver of the First National Bank, of Toluca. Ill., upon advice from the vice-president of the bank that It would not open for business this morning. The suspension of these banks is due to the failure of C. J. Devlin, who was president of both of them. The capital of the Spring Valley National Is $50,000 and of the First National, of Toluca, $100,000.

8. July 6, 1905 Omaha Daily Bee Omaha, NE

Article from Omaha Daily Bee, July 6, 1905

Click image to open full size in new tab

Article Text

DEVLIN IS BANKRUPT (Continued from First Page.) peka to assist Mr. Bradley. Mr. Lyons will pass on legal questions in connection with the examination. Creditors Issue Address. KANSAS CITY, Mo., July 5.-Late today the creditors' committee of the C. J. Devlin estate drafted an address which was immediately forwarded to all creditors of the Devlin properties, asking that they meet at Kansas City on July 31 to consider the situation, and urging that in the meantime no legal action be taken. Alexander New of the firm of attorneys for the creditors, who today filed bankruptey proceedings at Topeka, said that the situation was so complicated that it would be impossible to make any intelligent forecast of the final result. It was absolutely necessary, he said, to take some step to preserve the assets and prevent preferences by attachment or otherwise, and for this reason the bankruptey proeeedings were brought. Two Illinois Banks Closed. WASHINGTON, July 5.-The comptroller of the currency has appointed National Bank Examiner D. A. Cook receiver of the Spring Valley Natio al bank of Spring Valley, Ill., upon advice received from Cook that the bank had closed. The comptroller has also appointed National Bank Examiner J. Mac. Sholt receiver of the First National bank of Toluca, III., upon advice from the vice president of the bank that it would not open for business this morning and a request to have an examiner take charge. The suspension of these banks is due to the failure of C. J. Devlin, who was president of both of them. The capital of Spring Valley National bank is $50,000 and of the First National of Toluca $100,000. PEORIA, Ill., July 5.-D. A. Cook, national bank examiner, who was appointed receiver of the Spring Valley National bank of Spring Valley, Ill., refused to make a statement today as to the condition of the bank's finances or the amount owed the bank by the Devlin estate. There was no run on the institution when its doors were closed. The capital stock is $50,000.

9. July 6, 1905 Bryan Morning Eagle Bryan, TX

Article from Bryan Morning Eagle, July 6, 1905

Click image to open full size in new tab

Article Text

RECEIVERS APPOINTED. They Will Take Charge of Two Banks That Have Closed Down. Washington. July 5.-The comptroller of the currency has appointed National Bank Examiner Cook as receiver of the National bank of Spring Valley upon advices received from Cook that the bank had closed. The comptroller also appointed National Bank Examiner J. M. McSholt receiver of the First National bank of Toluca. Ills., upon advices from the vice prestdent of the bank that it did not open for business Wednesday morning, and requested that an examiner take charge. The suspension of these banks is due to the failure of C. J. Devlin, who was president of both. Capital stock of Spring Valley National bank is $50,000 and that of the Toluca bank $100,000.

10. July 6, 1905 The Sun New York, NY

Click image to open full size in new tab

Article Text

MORE DEVLIN BANKS CLOSE. Directors Did Not Wait for the Depositors' Impending Run. OTTAWA, Ill., July 5.-The Spring Valley National Bank of Spring Valley, Ill., with a capital of $50,000 and deposits of $483,000, and the First National Bank of Toluca, III., capital $100,000 and deposits $230,000, have closed. The suspension is due to the failure of the First National Bank of Topeka. Charles J. Devlin is president of both banks. Both institutions were prepared to open for business this morning, but long before the hours of opening arrived long lines of depositors were ready to withdraw their funds. The directors, dubious of the outcome, immediately posted a suspension notice. Coincident with the failure of these two banks there was filed in this county a quit claim deed dated June 20 from Charles J. Deviin and Mary A. J. Devlin to the First National Bank of Topeka to all the lands and tenements in La Salle, Putnam and Marshall counties, with the exception of the right of way of the Toluca, Marquette and Northern Railway Company and ten acres known as the Griffith land. The value placed on this property is $350,000. Charles Devlin was born and grew to manhood in Peru, this county, and at one time was a messenger boy for the United States Express Company. He promoted and managed the great mining industries of Spring Valley, and was practically the founder of that city. TOPEKA, Kan., July 5.-State Treasurer Kelly of Kansas may lose his job because of the publicity given to matters connected with Devlin's affairs and the failure of the First National Bank. Among the deposits of the bank was one of $557,000 by the State of Kansas. The law explicitly prohibits State funds being deposited in banks, providing for its keeping in the State treasury. Technically, it is charged that Kelly is an embezzler to that extent until the money is returned to the State treasury. It is shown also that Kelly has deposited $200,000 in banks in Kansas City, Kan., Wichita and Hutchinson, while the law explicitly prohibits the deposit of State funds outside of Topeka. A petition to declare Devlin a bankrupt was filed in the United States District Court to-day on behalf of Kansas City creditors. The claims of the petitioning creditors aggregate $5,000. The effect of the action in bankruptcy will be to set aside the transfers of property which have been made by Mr. Devlin recently, except the transfers of life insurance, which were made payable to Mrs. Devlin.

11. July 6, 1905 The Sun New York, NY

Click image to open full size in new tab

Article Text

MORE DEVLIN BANKS CLOSE. Directors Did Not Walt for the Depositors' Impending Run. OTTAWA, III., July 5.-The Spring Valley National Bank of Spring Valley. III., with a capital of $50,000 and deposits of $483,000, and the First National Bank of Toluca, III., capital $100,000 and deposits $230,000, have closed. The suspension is due to the failure of the First National Bank of Topeka. Charles J. Deviin is president of both banks. Both Institutions were prepared to open for business this morning, but long before the hours of opening arrived long lines of depositors were ready to withdraw their funds. The directors, dubious of the outcome, immediately posted a suspension notice. Coincident with the failure of these two banks there was filed in this county a quit claim deed dated June 20 from Charles J. Deviin and Mary A. J. Devlin to the First National Bank of Topeka to all the lands and tenements in La Salle, Putnam and Marshall counties, with the exception of the right of way of the Toluca, Marquette and Northern Railway Company and ten acres known as the Griffith land. The value placed on this property is $350,000. Charles Devlin was born and grew to manhood in Peru, this county, and at one time was a messenger boy for the United States Express Company. He promoted and managed the great mining industries of Spring Valley, and was practically the founder of that city. TOPEKA. Kan., July .-State Treasurer Kelly of Kansas may lose his job because of the publicity given to matters connec ed with Devlin's affairs and the failure of the First National Bank. Among the deposits of the bank was one of $557,000 by the State of Kansas. The law explicitly prohibits State funds being deposited in banks, providing for its keeping in the State treasury. Technically, it is charged that Kelly is an embezzler to that extent until the money is returned to the State treasury. It is shown also that Kelly has deposited $200,000 in banks in Kansas City, Kan., Wichita and Hutchinson, while the law explicitly prohibits the deposit of State funds outside of Topeka. A petition to declare Devlin a bankrupt was filed in the United States District Court to-day on behalf of Kansas City creditors. The claims of the petitioning creditors aggregate $5,000. The effect of the action in bankruptcy will be to set aside the transfers of property which have been made by Mr. Devlin recently, except the transfers of life insurance, which were made payable to Mrs. Devlin.

12. July 6, 1905 Palestine Daily Herald Palestine, TX

Article from Palestine Daily Herald, July 6, 1905

Click image to open full size in new tab

Article Text

RECEIVERS APPOINTED. They Will Take Charge of Two Banks That Have Closed Down. Washington, July 6.-The comptroller of the currency has appointed National Bank Examiner Cook as receiver of the National bank of Spring Valley upon advices received from Cook that the bank had closed. The comptroller also appointed National Bank Examiner J. M. McSholt receiver of the First National bank of Toluca, Ills., upon advices from the vice president of the bank that it did not open for business Wednesday morning, and requested that an examiner take charge. The suspension of these banks is due to the failure of C. J. Devlin. who was president of both. Capital stock of Spring Valley National bank is $50,000 and that of the Toluca bank $100,000.

13. July 6, 1905 The Pensacola Journal Pensacola, FL

Article from The Pensacola Journal, July 6, 1905

Click image to open full size in new tab

Article Text

BANKS CLOSED BY DEVLIN'S FAILURE By Associated Press. Washington, July 5.-The comptroller of the currency has appointed National Bank Examiner D. A. Cook receiver of the Spring Valley National bank of Spring Valley, III., upon advices received from Mr. Cook that the bank had closed. The comptroller has also appointed National Bank Examiner J. MacSholt receiver of the First National Bank of Toluca, Ills., upon advice from the vicepresident of the bank that it would not open for business this morning and a request to have an examiner take charge. The suspension of these banks is due to the failure of J. C. Devlin, who was president of both of them. The capita] stock of the Spring Valley bank is -$50,000, and of the First National of Toluca $100,000.

14. July 7, 1905 The Semi-Weekly Messenger Wilmington, NC

Article from The Semi-Weekly Messenger, July 7, 1905

Click image to open full size in new tab

Article Text

TWO MORE BANKS CLOSE DOORS A Spring Valley and Toluca Banks Have Receivers Appointed Result of Failuve of C. J. Devlin. / Washington, July 5.-The comptroller of the currency has appointed National Bank Examiner D. A. Cook. receiver of the Spring Valley National Bank, of Spring Valley, Ill., upon advice received from Examiner Cook that the bank had closed. The comptroller has also appointed National Bank Examiner J. MacShali. received of the First National Bank of Toluca. Ills.. upon advice from the vice president of the bank that it would not open for business this morning and a request to have an examiner take charge. The suspension of these banks is due to the failure of C. J. Devlin, who is president of both of them. The capital of the Spring Valley National Bank is $50,000 and of the First National of Toluca $100,000.

15. July 7, 1905 Barton County Democrat Great Bend, KS

Article from Barton County Democrat, July 7, 1905

Click image to open full size in new tab

Article Text

Washington, July 5:-The Spring Valley, Ill., National Bank, and First National Bank of Toluca, Ill., both owned by C. J. Devlin of Topeka, have been closed as a result of the failure of the First National of Topeka. Both were small concerns. The capital of the Spring Valley bank was fifty thousand dollars, and the Toluca bank had a capital of one hundred thousand. Both banks had runs made upon them.

16. July 12, 1905 The Miller Sun Miller, SD

Article from The Miller Sun, July 12, 1905

Click image to open full size in new tab

Article Text

MORE BANKS FAIL. Two Devlin Institutions in Illinois Closed. The comptroller of the currency at Washington, D. C., has appointed national bank examiners receivers for the Spring Valley National Bank. of Spring Valley, Ill., and the First National Bank, of Toluca, Ill., upon information that both institutions had closed. The suspension of the banks was due to the failure of C. J. Devlin, president of both of them. The capital of the Spring Valley National Bank was $50,000 and of the First National of Toluca, $100,000.

17. July 13, 1905 River Falls Journal River Falls, WI

Article from River Falls Journal, July 13, 1905

Click image to open full size in new tab

Article Text

A roundhouse in the South Nashville, Tenn., yards of the Louisville & Nashville railroad was burned. Loss, $50,000. Nine locomotives were damaged to the extent of $1,000 each. C. J. Devlin filed in the United States district court at Topeka, Kan., an involuntary petition in bankruptcy. The petition schedules liabilities exceeding $2,600,000. James W. Alderdice, a lawyer convicted in New York of forgery, was sentenced to 18 years' imprisonment in Sing Sing. J. A. Spekenhier has been appointed receiver of the Commercial bank, of Hagerstown, Ind., on application of President Frank Mason. The liabilities exceed $100,000, while the assets are given as much less than that amount. Harry Walker, aged 18 years; and Alex. Worrall, aged 12, were dro wned in the Youghiagheny river near McKeesport, Pa. The seventh international conve ntion of the Epworth league was opened in Denver, Col. A tornado in Texas caused much loss of life and destruction of property in Montague county and the northern portion of the state. Twenty-four are known to be dead. The five-year-old son of Samuel Squillman, of Seymour, Ia., and the fouryear-old son of a neighbor, George Billard, were burned to death in a fire which destroyed Squillman's home. Herman Meminger, chief of the Milwaukee (Wis.) fire department, died from the effects of injuries sustained at a fire two months ago, when it was reported he inhaled acid fumes. Fred Ross, who was knocked out by Jack Donnelly in the sixteenth round of a prize fight at Aberdeen, Wash., is dead. His neck was dislocated and a blood clot gathered on the brain. Three railroad employes were killed and two injured and thousands of dollars' worth of property destroyed by a head-on collision on the Fitchburg division of the Boston & Maine railroad near Wachusett, Mass. Gen. Amasa Cobb, brigadier general of volunteers during the civil war, veteran of the Mexican war, congressman and ex-justice of the supreme court of Nebraska, died at Los Angeles, Cal, aged 82 years. The formal opening of the twenty-second International Christian Endeavor convention took place in Armory hall, Baltimore, Md., with about 8,000 delegates present. Mrs. Lucie B. Tyng, one of the bestknown temperance workers in the United States, died in Peoria, III. The new directory indicates Chicago's population to be 2,272.000. The weekly crop report shows that growth has been retarded by heavy rains, but the condition of corn in the corn belt is excellent. The money circulation July 1 was the largest per capita and in amount in the history of the country. Bank note issues in the past year were larger than the new gold increase. Most of the Chicago indicted packers, their agents and the companies in which they are interested have furnished bonds. Gov. Hanly's crusade against bookmakers has put an end to horse racing in Indiana. Samuel Thompson, a Chicago coffee importer, says the scheme of an eastern clique to have a tax imposed is a market manipulation to secure $12,000,000 profit on stock. Graeme Stewart's will, dividing an estate of $500,000 between his widow, children, brothers and sisters, was filed in Chicago. The Spring Valley (III.) national bank and the First national bank of Toluca, Ill., closed their doors as the result of the failure of C. J. Devlin, of Topeka, Kan. S. L. Frazer, of Chicago, when asked for an accounting by his partner in the brokerage business suddenly fled, leaving an alleged defalcation of $100,000. The Wabash Railway company has discharged its superintendent of the secret service department and 121 men employed in detective work. Fourth of July casualties reported throughout this country number 42 deaths and 2,431 injured. Loss of life variously estimated at more than 200 and less than 1,000 persons, and property damage to the extent of over $1,000,000 were caused by the recent flood which swept over the town of Guanajuaro, Mex. John Bowman, cashier of the Commercial bank of Hagerstown, Ind., committed suicide by shooting. No cause for the deed is known. Ten business houses and one dwelling at Roulette, Pa., were destroyed by fire. entailing-a loss of $50,000. The insurance was small. The American revivalists, Rev. Reuben A. Torrey and Charles M. Alexander, concluded their five months' revival campaign in England with a great thanksgiving service at Albert hall, London, for the 14,000 converts recorded. In view of the bad harvest prospects owing to the drought and the storms in Portugal, King Charles has sanctioned the importation of 75,000 tons of American wheat and has ordered the reduction of the customs duties by 50 per cent. The heat, which continued several days throughout central Europe, has caused, it is estimated from the reports now coming in, more than 100 deaths in Germany. At midday in the shade the temperature has been as

18. July 13, 1905 Valentine Democrat Valentine, NE

Article from Valentine Democrat, July 13, 1905

Click image to open full size in new tab

Article Text

MORE BANKS FAIL. Two Devlin Institutions in Illinois Closed. The comptroller of the currency at Washington, D. C., has appointed national bank examiners receivers for the Spring Valley National Bank, of Spring Valley, III., and the First National Bank, of Toluca, III., upon information that both institutions had closed. The suspension of the banks was due to the failure of C. J. Devlin, president of both of them. The capital of the Spring Valley National Bank was $50,000 and of the First National of Toluca, $100,000.

19. July 15, 1905 The L'anse Sentinel L'anse, MI

Article from The L'anse Sentinel, July 15, 1905

Click image to open full size in new tab

Article Text

each. 000'T$ JO 11 J. Devlin filed in the United States ict court at Topeka, Kan., an involry petition in bankruptcy. The pe1 schedules liabilities exceeding '000' mes W. Alderdice, a lawyer cond in New York of forgery, was in send to 18 years' imprisonment A. Sing. Spekenhier has been appointed ver of the Commercial bank, of rstown, Ind., on application of dent Frank Mason. The liabilities d $100,000. while the assets are as much less than that amount. ry Walker, aged 18 years, and Worrall, aged 12, were drowned in 'oughiagheny river near McKeesPa. seventh international convention e Epworth league was opened in Coll '. ornado in Texas caused much loss : and destruction of property in gue county and the northern porof the state. Twenty-four are 1 to be dead. five-year-old son of Samuel Squillof Seymour, Ia., and the fourld son of a neighbor, George Bilvere burned to death in a fire destroyed Squillman's home. man Meminger, chief of the Mile (Wis.) fire department, died he effects of injuries sustained at two months ago, when it was re1 he inhaled acid fumes. 1 Ross, who was knocked out by Donnelly in the sixteenth round rize fight at Aberdeen, Wash., is His neck was dislocated and a clot gathered on the brain. e railroad employes were killed vo injured and thousands of dolworth of property destroyed by a n collision on the Fitchburg divi: the Boston & Maine railroad-near isett, Mass. Amasa Cobb, brigadier general unteers during the civil war, vetf the Mexican war, congressman x-justice of the supreme court of ska, died at Los Angeles, Cal, aged S. formal opening of the twenty-secternational Christian Endeavor tion took place in Armory hall, ore, Md., with about 8,000 delepresent. Lucie B. Tyng. one of the best1 temperance workers in the Unittes, died in Peoria. III. new directory indicates Chicago's tion to be 2,272.000. weekly crop report shows that 1 has been retarded by heavy but the 'condition of corn in the elt is excellent money circulation July 1 was the : per capita and in amount in the y of the country. Bank note is1 the past year were larger than w gold increase. : of the Chicago indicted packers, gents and the companies in which are interested have furnished Hanly's crusade against bookS has put an end to horse racing in e uel Thompson, a Chicago coffer er, says the scheme of an eastern to have a tax imposed is a marke' ulation to secure $12,000,000 profit ck. me Stewart's will, dividing an es$500,000 between his widow, chilrothers and sisters, was filed in o Spring Valley (III.) national bank e First national bank of Toluca, sed their doors as the result of the of C. J. Devlin, of Topeka, Kan. Frazer of Chicago, when asked

20. July 17, 1905 Vilas County News Eagle River, WI

Article from Vilas County News, July 17, 1905

Click image to open full size in new tab

Article Text

тешу SBM nun VIOI MONT Paxinosa Inn, a famous summer resort on the summit of Weygadt mountain, near Easton, Pa., was destroyed by fire. Loss, $150,000; insurance, $20,000. Ten deaths and more than forty prostrations are reported in New York as the result of the torrid wave, which is broken by a heavy rainstorm. William Canfield, a Boston aeronaut, was badly injured in making a wild leap of 1,000 feet from a crippled bailoon to lighten it and save his woman companion. The improvidence of the Indians will bring up a grave problem when tne tribal rule is ended, for no provision has been made for schools in the territory. "Big Pietro," a member of the "Black Hand" society was shot and instantly killed and two companions wounded by a saloon-keeper they tried to blackmail in New York. By the explosion of a boiler Engineer Allen Hall, Frank Wallace and Ed Beach was killed at Couch's sawmill at Golightly, Ala., and the plant was completely wrecked. Fire in Detroit has caused $100,000 damage in the factory of the Ireland & Mathews Manufacturing company, makers of plumbers supplies. The loss is coverd by insurance. At Omaha, H. Rudolph, a ladies' tailor, was found dead in a chair in his office by two women customers, who had called for some work. An empty carbolic acid bottle was found. Clark Davis, aged 30, of Farmer City, III., died as a result of having his arm and leg crushed off in a fall from an Illinois Central passenger train. A mob overpowered the sheriff and raided the Ironton, Mo., jail, bent on lynching two murderers, but was beaten back by the prisoners, who were shot. Eight thousand delegates attended the opening session of the twentysecond international annual convention of the Christian Endeavorers at Baltimore. John Wesley Priestly, head of an old Philadelphia family, is said to lived luxuriously for years by means of setting fire to buildings to collect insurance money. The Spring Valley, III., National bank and First National bank OI Toluca, Ill., closed their doors as a result of the failure of C. J. Devlin of Topeka, Kan. Eight men were killed and two injured by the premature exposition of a rock blast on the Pennsylvania Railroad improvements near New Cumberland, Pa. The naming of Gates county, Wisconsin, is said to be a subject of grand jury investigation at Milwaukee, and the methods which led the legislative action may be laid bare. Thomas W. Lawson in an address a: Ottawa, Kan., suggests as a remedy for the evils of "frenzied finance" a general selling out of stocks and bonds to the "system." Edward P. Bacon 0 Milwaukee declared railroads should be compelle to accept at once rates found to be just by the railway commission in place of those held to be unfair. Fourteen prisoners in the jail at Murphysbero, III., attempted to blast their way to freedom by exploding nitreglycerin against the lock-up door. The sheriff and guards prevented their escape.

21. August 9, 1905 The Cairo Bulletin Cairo, IL

Article from The Cairo Bulletin, August 9, 1905

Click image to open full size in new tab

Article Text

HARRY TAGGART APPOINTED RECEIVER FOR TOLUCA BANK Washington, Aug. 8. Harry M. Taggart, of Wenona, III., has been appointed receiver of the first national bank of Toluca, III.