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DISCREPANCIES FOUND IN BANK'S ACCOUNTS Chicago, Nov. 22.-Notices were post. ed on the doors of the First National Bank of Dundee, Ill., to-night, notify. ing depositors that the institution would not open for business to-mor. row. The suspension was decided up. on at a meeting of the directors to. day, when it is said discrepancie: were found in the accounts. The bank is capitalized for $50,000 and car ries deposits of $150,000.
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Illinois Bank Goes Under. Chicago, November 22.-Notices were posted on the doors of the First National Bank of Dundee, Ill., tonight notifying the depositors that the institution would not open for business tomorrow. The suspension was decided upon at a meeting of the directors today, when, it is said, discrepancies were found in the accounts. The bank is capitalized for $50,000, and carries deposits of $150,000.
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ILLINOIS BANK CLOSED. Receiver Appointed for the First National of Dundee. WASHINGTON, Nov. 23.-The controller of the currency has been advised that the First National Bank, Dundee, III., did not open for business this morning. D. A. Cook, national bank examiner, has been appointed receiver. Following is a statement of the bank's condition, as shown by its report of Sept. 9: Resources-Loans and discounts, $162,931; United States bonds, $25,000; premium on bonds, $2,000; real estate, $12,392; due from banks and bankers, $11,175; cash and cash items, $10,888; total, $224,387. Liabilities-Capital stock, $70,000; úndivided profits, $6,165; circulation, $25,000; deposits, $143,222; total, $224,387.
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DUNDEE (ILL.) BANK CLOSES. Receiver Is Appointed for First National-Liabilities, $224,387. Washington, Nov. 26.-The comptroller of the currency has been advised that the First National Bank of Dundee, Ill., would not open for business yesterday morning. D. A. Cook, national bank examiner, has been appointed a receiver. According to a statement of the bank's condition, as shown by its report of Sept. 9, its resources amount to $24,387 and its llabilities to $224,387.
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Dundee. III., Bank Probably Sound. ELGIN. III., Nov. 25.-Bank Examiner D. A. Cook, who is now in charge of the affairs of the First National Bank of Dundee, Ill., which was closed last Saturday, is reported to have said that the appointment of a receiver will not be necessary. He declines to make any statement to the stockholders, and the feeling is growing that he has found no wide discrepancy in the bank's accounts.
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Bank Closed. Dundee, III., Nov. 23.-The First National bank, of Dundee, with capital stock of $150,000, is practically in the hands of a bank examiner, and until alleged discrepancies in the books are untangled the business of the institution will be suspended.
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Washington, Nov. 23.-The controller of the currency was advised today that the First National bank of Dundee, Ills., would not open for business today. D. A. Cook was appointed receiver. The deposits amount to $143,000 and the total resources are given as $224,000.
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Charged With Embezziement. Chicago, Dec. 1.-Charged with embezzlement of $60,000 from the First national bank of Dundee, Ill., which closed its doors November 22, Cashier Francis B. Wright was arrested on complaint of Receiver David A. Cook.
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Cashier Arrested For Fraud. CHICAGO, Dec. 1. - Charged with embezzlement of $60,000 from the First National bank of Dundee, Ill., which closed its doors Nov. 22, Cashier Francis B. Wright has been arrested on complaint of Receiver David A. Cook and brought to Chicago.
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BANK CASHIER ARRESTED-Charged with embezzlement of $60,000 from the First National Bank of Dundee, Ill., which closed its doors November 22, Cashier Francis B. Wright was arrested yesterday on complaint of Receiver David A. Cook and taken to Chicago. The warrant, issued by United States Commissioner Foote, charges Wright with having wrongfully appropriated this amount of money between June 1, 1901, and November 21, 1903. Wright's arrest was not a surprise, as he has been under surveillance since the institution tailed. Since that time Bank Examiner Cook has been looking into the books of the institution. Wright was arraigned before Commissioner Foote last night, but waived examination. His bonds were fixed at $20,000, but he was unable to furnish a bondsman for the amount, and was sent to the county jail.
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ILLINOIS CASHIER HELD ON A SERIOUS CHARGE Francis D. Wright Accused of Embezzling $60,000 From a Dundee Bank. CHICAGO, Dec. 1.-Cashier Francis D. Wright, of the First National Bank of Dundee, has been arrested on the charge of embezzling $60,000. The bank closed its doors November 22. Receiver David A. Cook is the complaining witness against Wright. The warrant, issued by United States Commissioner Foote, charges Wright with wrongfully appropriating the money between June 1, 1901, and November 21, 1903. Wright was arraigned before the commissioner last evening, but waived examination. His bond was fixed at $20,000, but as he said he was unable to provide it he was sent to the Cook county jail.
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Embezzied $60,000. Chicago, Dec. 1.-Charged with embezzlement of $60,000 from the First National Bank of Dundee, III., which closed its doors November 22, Cashier Francis B. Wright was arrested here on complaint of Receiver David A. Cook and brought to Chicago. The warrant, issued by United States Commissioner Foote, charges Wright with having wrongfully appropriated this amount of money between June 1, 1901, and November 21, 1903. Wright's arrest was not a surprise, as he has been under surveillance since the institution failed.
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Cashier Arrested For Fraud. CHICAGO, Dec. 1. - Charged with embezzlement of $60,000 from the First National bank of Dundee, III., which closed its doors Nov. 22, Cashier Francis B. Wright has been arrested on complaint of Receiver David A. Cook and brought to Chicago.
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WAS SHORT $60,000. Cashier Francis B. Wright Was Arrested and Jailed. Chicago, Nov. 30.-Charged with embezzlement of $60,000 from the First National Bank of Dundee, Ill., which closed its doors Nov. 22, Cashier B. Wright was arrested to-day on complaint of Receiver David A. Cook, and brought to Chicago. Wright was arraigned before Commissioner Foote to-night, but waived examination. His bonds were fixed at $20,000, but he was unable to furnish a bondsman for the amount and was sent to the county jail.
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Chicago-Cashier Francis B. Wright. of the First National Bank of Dundee, which suspended on Nov. 22, was arrested for embezzlement.
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ALLEGED BANK WRECKER IN JAIL IN CHICAGO Chicago, Dec. 1.-Charged with the embezzlement of $60,000 from the First National bank of Dundee, III., which closed its doors November 22, Cashier Francis B. Wright was arrested yesterday on complaint of Receiver Cook and brought to Chicago. Wright was arraigned before Commissioner Foote last night, but waived examination. His bonds were fixed at $20,000, but he was unable to furnish bondsman for that amount and was sent to jail.
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Bank to Resume Business. The Controller of the Currency has authorized the First National Bank of Dundee, III., to resume business, and has instructed the receiver to surrender to the board of directors all the assets of the bank in his posses sion.