6016. City National Bank (Lawrenceburg, IN)

View Charter #2889 on SPMC

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
82
Charter Number
2889
Start Date
August 11, 1883
Location
Lawrenceburg, Indiana (39.091, -84.850)

Metadata

Model
gpt-5-mini
Short Digest
7aaf0916

Response Measures

Full suspension, Books examined

Other: Voluntary liquidation followed by receivership and later dividends declared by Comptroller.

Receivership Details

Depositor recovery rate
81.1%
Date receivership started
1884-03-11
OCC cause of failure
Fraud
Share of assets assessed as good
45.1%
Share of assets assessed as doubtful
46.7%
Share of assets assessed as worthless
8.2%

Description

Newspaper reports in August 1883 describe an unexpected run and temporary suspension tied to heavy lending to Vice President Henry Fitch's saw-mill/lumber business. The bank went into voluntary liquidation (Aug 13, 1883) and was later declared insolvent and placed in receivership (March 11, 1884). Subsequent dividends were declared by the Comptroller. A November 1883 fire destroyed lumber owned by the suspended bank. Cause for run/suspension is bank-specific adverse information (bad loans/embarrassment from lumber business).

Events (8)
1. September 12, 1863 Chartered
Source
historical_nic
2. February 24, 1883 Chartered
Source
historical_nic
3. August 11, 1883 Run
Cause
Bank Specific Adverse Info
Cause Details
Heavy use of bank funds in Henry Fitch's saw-mill and lumber business; drop in lumber prices and milling losses precipitated withdrawals and an unexpected run.
Measures
Bank officials (cashier and president) publicly promised depositors would be paid dollar for dollar; investigation and examination by state and federal examiners were initiated.
Newspaper Excerpt
CINCINNATI, Aug. -The City National bank of Lawrenceburg, Ind. closed today...the embarrassment of the bank grew out of the embarrassment of the saw milling operations in Lawrenceburg of Henry Fitch, the vice president, who was using the bank's money in his saw mill business.
Source
newspapers
4. August 13, 1883 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suspension followed an unexpected run tied to the bank's exposure to the Fitch lumber/saw-mill losses and resulting cash strain.
Newspaper Excerpt
Word reached this city on Saturday that the City National Bank, of Lawrenceburg, had temporarily suspended payment.
Source
newspapers
5. November 16, 1883 Other
Newspaper Excerpt
Twelve thousand dollars' worth of lumber, owned by the suspended City National Bank, was burned yesterday. The fire is supposed to have been the work of an incendiary. Fully insured.
Source
newspapers
6. March 11, 1884 Receivership
Source
historical_nic
7. March 11, 1884 Receivership
Newspaper Excerpt
This bank went into voluntary liquidation Aug. 13, 1883, and on March 11, 1884, was declared insolvent and placed in the hands of a receiver.
Source
newspapers
8. September 11, 1886 Other
Newspaper Excerpt
Comptroller of the Currency Trenholm has declared a dividend in favor of the creditors...The present dividend, amounting to $21,000, is to equalize and level up the payments to 75 per cent. of the claims.
Source
newspapers

Newspaper Articles (22)
1. August 12, 1883 Daily Globe Saint Paul, MN
Article from Daily Globe, August 12, 1883

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TOPPLING OVER. A NATIONAL BANK ATLAWRENCEBURG, IND., CLOSE$ ITS DOORS. The Indian&polis Troubles Bridged Over £ for the Present-A Number of Commercisl Failures Reported-Liabilities Reported to be Very Large. [Special Telegram to the Globe.] INDIANAPOLIS, Ind., Aug. 11. - The Depauw-English syndicate is still figuring on the First national, whose doors are open to-day, and the business thereof going along as usual. Only the small depositors have checked out, and large ones have increased their deposits in some cases. Mr. Depauw says there seems to be little use of a syndicate. It has taken the $104,000 of the stock held by the Indiana Banking company and put it into the First national at double, paying in the difference. What they paid for is, of course, not known. But besides this Mr. Depauw says so far about 80 on and reported, per holding cent. of the to stockholders their stock, have in a The paying of the First like amount national of cash. future seems settled. Mr. English is likely to be president. The future of the Indiana Banking company is yet unrevealed. It has not opened its doors yet and has no definite statement to make. INDIANAPOLIS, Aug. 11.--The First National bank opened this morning at the usual hour, and has paid out money on small checks, but has not cashed any large drafts. It is stated they will be able to honor all demands by Monday. The Indiana Banking company are still closed, and the was on the door this not following morning: notice "This posted bank will A full the open to-day." examination day, and into the situation will be made to determination arrived at will be announced on Monday. It sgenerally conceded, that with the assets of the bank, and the personal responsibility of the individual members of the firm, that there will be sufficient to cover all liabilities and prevent a loss to depositors. CINCINNATI, Aug. -The City National bank of Lawrenceburg, Ind. closed today, and State Commissioner Hey, of Indianapolis, is examining the books of the bank to-night preparatory to making a statement. The Commercial-Gazette special says Dewitt C, Fitch is president of the bank; his son Henry is vice president and his son Walter cashier. It says the capital stock is $100,000 and that Cashier Walter Fitch states to-day that the Fitches would sacrifice all their private property, if necessary, to pay all depositors. Deeds of transfer of $70,000 worth of real estate were made to-day to the of DeWitt and also City National C. bank Henry of the Fitch. property It states the embarrassment of the bank grew out of the embarrassment of the saw milling operations in Lawrenceburg of Henry Fitch, the vice president, who was using the bank's money in his saw mill business. The mill was one of the largest and most complete and best equipped on the Ohio river, and the recent drop in the price of lumber affected it seriously. The News Journal special says nothing about the financial embarrassment of Henry Fitch, but says milling operators drew on the bank for money and with other causes brought about the embarrassment. It also says the assets will be double the liabilities, and that it will probably resume on Monday. Little was known of the affair in Cincinnati to-day during business hours. ST. ALBANS, Vt., Aug. 11.-So far as can be learned irregularities in the National bank are reported by Hender, but have not been followed up by the comptroller. A director said this morning that he considered the outlook quite favorable as far as the Trust company is concerned. PHILADELHHIA, Aug. 11.-The suspension of W. H. Miller & Co., stock brokers, is announced. The firm was long of several stocks, among them New Jersey Central and Buffalo, New York & Philadelphia. Several hundred shares for their account were sold to-day under rule at the stock exchange. PHILADELPHIA, Aug. 11.--Later in the day the suspension of E. P. Wetzer, stockbroker, was announced. He failed six weeks ago, but settled his liabilities and was reinstated in board. ST. LOUIS, Aug. 1.--The dry goods firm of Dalton Bros. made an assignment to-day to the amount of $20,000. Liabilities not known.

2. August 13, 1883 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, August 13, 1883

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The Lawrencebarg Failure. Word reached this city on Saturday that the City National Bank, of Lawreneeburg, had temporarily suspended payment. But little information could be obtained, however. United States Bank Examiner Hays, went to Lawrenceburg at once on receipt of a telegram and is expected to make a and examinacomplete thorough tion of the concerns affairs a8 soon as possible. The stockholders of the band are, D. W.C. Fitch, $78,700; Henry Fitch, $6,000; Walter Fitch, $5,000; B. R. Gatnes, Boons county, Ky., $5,000; George W. Squibb, $2,000; George B. Fitch, $1,000; Ardrie Sha W, $1.000; Theo. Gazlay, Cincinnati, $1,000; Harry Fite h, $3,000. Since then it is understood that Mrs. Sunman has purchased $10,000 of stock. and Mrs. D. W. C. Fitch $20,000, and both of these ladies own individually $100,000 worth of real estate. The cashier, Mr. Walter Fitch, announced that the depositors would certainly lose nothing, but would be paid dollar for dollar in a very few days, and in this he was corroborated by President D. W. C. Fitch. The city was full of rumors, of course, and much speculation was indulged in as to the probable cause and effect of the Lawreneeburg failure, following, as it did, so close on the heels of the Indianapolia suspensions. A gentleman from Lawrenceburg stated that one rumor was prevalent at that city that the failure had been precipitated by the money of the bank being employed in the mills of O. P. Cobb & Co. President Fitch is reported to have said. when interviewed concerning the suspension, that the bank was compelled to close its doors on account of an unexpectdd run being made upon them, "but," said he, "I have, as the records will disclose, ample means, individually, to pay every dollar of the bank's deposits and indebtedness. My son Henry's expenditures in the saw-mill and lumber business, reaching many thousands of dollars, has temporarily cramped me, but I swear not a living person shall lose a single cent in any manner. Every depositor shall speedily be paid dollar for dollar, and every debt be fully liquidated. Every individual stockholder has more than double the amount of their stock in real estate and property readily convertible, which will insure against loss; so there exists no possibility of any one losing a cent." The bank has done business for years under the charter of the First National Bank, but on the 24th of last February had reorganized and begun business under its present name of the Lawrenceburg City National Bank. A Cincinnati paper of yesterday says: The cause of the bank's trouble may be ascribed to Henry Fitch, who engaged extensively in the saw-mill and lumber business, and who was a heavy loser during the late flood, his losses amounting to near $30,000. Instead of curtailing, be has continued to enlarge and increase his business, which gives all the assurance of proving a paying and profitable investment in the future, but bringing in no immediate revenue to equal or offset the continued outlay of money. The bank, in its effort to relieve his troubles, brought on its OWD embarrassmients. The established character of President Fitch for honesty and fair dealing, together with his financial ability to pay all demands, leaves but little doubt in the minds of the public but that the present bank troubles will in a few days be satisfactorily settled.

3. August 14, 1883 The Rock Island Argus Rock Island, IL
Article from The Rock Island Argus, August 14, 1883

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THE NEWS IN BRIEF, A revolution is predicted in Mexico within six months. St. Louis is going to have a $450,000 exposition and music hall building. Vanderbilt is seeking a line of railroad from St. Louis to Kansas City and Omaha The City National bank of Lawrenceburg, Ind., has suspended. The depositors will be paid in full. A dispatch from Dayton, Ohio, charges the governor of the Soldier's home there with cruelty to the inmates. The pig iron business is reported to be fairly active in Pittsburg, and prospects in the trade are thought to be good for future business, W. W. Cumpton, a farmer of LaSalle county, III., who died recently, was half an inch taller than "Long John" Wentworth, of Chicago Smalley's London . letter says the cholera is declining rapidly, and is declared by the doctors to be an Egyptian and not the Asiatic type. A bath-house keeper in New York is under charge of letting men view the baths on ladies' days from private points of outlook over the baths. Sir William Armstrong proposes that the government limit the number of a man's children, because too many are not conducive to healthy, moral or social development. Lieut.-Gov. Manning, of Iowa, in an interview with a Chicago newspaper man, says he will not concede that the Republican majority will be any smaller this year than usual. A Chicago man writing to The Pall Mall Gazette, of London, England, over the signature "An American," says England has the substance and the United States the form of Democracy. Marwood, the British bangman, is getting into bad standing on account of too much indulgence in bibulous proponsity, which causes him to make some horrible mistakes in his business The Iowa Republicans opened their M. state campaign at Clarinda, with the Hon. James F. Wilson, Senator Allison, Col. D. B. on Henderson and Gov. Sherman as the orators of the occasion. The meeting was enthusias40 tic, and it is estimated that 10,000 people were present. Michael Davitt, the Irish agitator, says the reason the popacy has issued a circular in opposition to the purposes of the Irish national league, is that Ireland is Roman Catholic to the core; the organization M. of an Irish parliament would take from the British parliament a number of influential Roman Catholics, and to that extent weaken the influence of the popacy in England; and the aim is to bring England back to the fold of the Roman Catholic church. An Irish parliament will not make Ireland more Roman Catholic than it is, and will seriously interfere with the plans of the Propaganda fn England. Davitt also says that the circular has had more effect than many Irishmen are giving it credit for.

4. August 14, 1883 Daily Republican Wilmington, DE
Article from Daily Republican, August 14, 1883

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Business and Labor Notes. The sub-committee of the U.S.Senate Committee on Labor and Education yesterday began its examination of the strikes and labor movements in genera. The cutting of the wires of the Western Union Telegraph Company continnes. Press Agent Somerville, of that Company, 1' ported: yesterday morning that 150 wires had been cut since Sunday night. The strikers still deny that they cut any of the wires. Two hundred and fit y of the striking cigar-makers in Montreal have left for the United States, and only 80 cigarmakers remain in that city. Three hundred 'longsboremen, employed at Woodruft & McLean's stores in Brooklyn, struck yesterday against a reduction in their wages of 5 cents an hour The firm say they will employ Italians The Lancaster Watch Company, of Lancaster, Penna., which suspended several weeks ago, will resume to-morrow. sufficient capital having been pledged to insure the operation of the works in future. An investigation of the affairs of the City National Bank, of Lawr nceburg, Indiana has been begun, and it is said enough is already known to justify the statement that the depositors will be paid i fill, though it may be a month before the payment will commoney On application of Mrs. Mary Morrison and Mrs. Jane Kitchen, two of the largest stockholders in the Indiana Banking Company of Indianapolis, a receiver was yesterday appointed for that concern.

5. August 21, 1883 Savannah Morning News Savannah, GA
Article from Savannah Morning News, August 21, 1883

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BRADSTREET'S BUDGET. Trade Embarassments During the Past Week-Decrease in the Southern States, There were 174 failures in the United States reported to Bradstreeťs during the past week, eight more than the preceding week, twenty-six more than the corresponding week of 1882, and one hundred more than the same week of 1881. Compared with the previous week, the Middle States had 42, an increase of 4; New England States 29, a decrease of 5; Southern States 19, a decrease of 2; Western States 50, an increase of 5; Pacific States and Territories 34, an increase of 8; Canada and the Provinces 20, a decrease of 16, The principal failures in New York city were George William Ballou & Co., E. C. Stedman & Co., and Cecil, Ward & Co., bankers and brokers, Taussig & Hammerschlag, wholesale syrups. Elsewhere they were: The City National Bank of Lawrenceburg, Ind.; the Farmérs' Bank of Richmond, Ind.; Richard B. Hoag, maltster, etc., Lockbort, N. Y.; L. Meyer & Co., general store, Tucson, Arizona, and El Paso, Texas; Alexander de Taussig, wholesale syrups and rock candy, Chicago. In the principal trades they were as follows: Gracers 33; general stores 19; manufacturers 14; liquors 13; shoes 11 hardware 10; bankers and stockholders 6; hotels and restaurants 6; clothing 5; dry goods 5; tobacco and cigars 4; harness 3; bakers and confectioners 3; drugs 3; jewelry 3; fancy goods 31 milinery 2; produce and provisions 2; lumber 2; furniture 2; butchers 2; leather 2; banks 9. ALABAMA. Troy-J. S. Branscomb & Co., shoes, hats, etc., offer to compromise at 50 cents. FLORIDA. Jacksonville-Dowling & Coxe, general store, have failed; Charles F. Powers, general store, has assigned. Liabilities $16,000; assets $15,000. Lake City-Dowling & Wolfe, general store, have failed. GEORGIA. Fort Gaines-J. W. Bass, grocer, offers 50 cents, Locust Grove-J. S. Dickson, general store, has failed. Savannah-H. J. Fear, hay, grain and produce, has assigned. Liabilities, $11,800; assets $2,200. SOUTH CAROLINA. Anderson-Carlisle & Peoples, millinery, have assigned. Florence-M. Manheim, general store, has been sold out by the Sheriff on a confessed judgment of $2,700 to his wife. Liabilities, $3,600; assets, $1,500. Outside creditors, it is said, will realize nothing.

6. August 22, 1883 Daily Republican Wilmington, DE
Article from Daily Republican, August 22, 1883

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Broken Banks and Merchants. A private meeting of the creditors of Wright, Worcester & Co., was held yesterday at Boston. It is said the firm reported their liabilities at $462,000 and contingent liabilities at about$100, 000 more. The assets available for the payment of the$462,000 aggregate $108,000. They are exclusive of $58,000 invested in mining stock and $78,000 invested in a cattle ranche in the West,on account of the latter of which notes for about the amount have been issued. The $78,000 in notes are included in the liabilities. The Directors of the City National Bank, of Lawrenceburg, Indiana, have been notified from Washington that they may settle up its affairs in any way they choose." Cashier Fitch thinks the bank can pay 50 per cent. of its indebtedness in thirty days and the remainder in ninety days. The liabilities of Joseph F. Paul, the suspended lumber dealer of Boston, are estimated at $70,000

7. August 25, 1883 The Superior Times Superior, WI
Article from The Superior Times, August 25, 1883

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CAPT. VINCENT SHINKLE, of Covington, Ky., assigned on the 15th. Liabilities $80,000. PROF. PETERS, 'of Utics, N. Y., announced on the 14th, the discovery at Litchfield Observatory of a bright planetoid, which he says is as bright as a star of the ninth magnitude. HON. GEO. MARSTON, an ex-attorney general of Massachusetts, died at New Bedford, Mass., on the 14th, aged 61 years. MAYOR RICHARD B. HOAG, one of the leading business men of Lockport, N. Y., made an assignment on the 14th. A small firm in which Hoag was interested has also gone down. Hoag's liabilities are placed at $70,000 and assets $75,000. GEO. W. PALLOU & Co., stock brokers, New York City, succumbed to the depression in stocks on the 14th. Liabilities about $1,000,000. DEPOSITORS of the defunct City National Bank of Lawrenceburg, Ind., will be paid in full. THE Illinois entomologist has found dormant Hessian flies and joint worms in the fields in the southern part of his state. He recommends the burning of the stubble fields.

8. November 16, 1883 Evening Star Washington, DC
Article from Evening Star, November 16, 1883

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Series of Fires. PROPERTY DESTROYED IN SEVERAL CITIES. NEW YORK, Nov. 16.-A fire broke out shortly before 2 o'clock this morning at No. 156 Chambers street, occupied by the Knickerbocker coffee and spice company, W. J. sull & Co., proprietors. The fire was confined to the two upper stories, and the loss is estimated at about $10,000. CHICAGO, Nov. 16.-A fire occurred at midnight last night in the upper floorof Mandel Bros.' store, one of the largest retail dry goods housesta the city. The loss on stock, chiefly by water. is $25,000, and on building $5,000, both fully insured. CHARLESTON, S. C., Nov. 16.-A special dispatch to the News and Courier reports that a tire broke out in the town of Sumter last night and spread rapidly, soon involving in destruction the stores of Messrs. Earts, Hewson, Pate, Hoyt, DeSoune, Snares, Bogin, Pheeney, O'Connor and Maxwell. At last account the fire was still raging. The loss already is estimated at $40,000. BOSTON. Nov. 16.-The Boston and Providence railroad repair shops took tire this morning, and one-half the storehouse, two large machine shops and the boller house were almost wholly destroyed. The botter house contained bollersandengines, which furnished power for all the other shops, and its destruction throws 400 men out of employment. The loss will be about $20,000. HOULTON, ME., Nov. 16.-Titcomb's shingle manufactory, boarding house, barn and stable were burned last night. Loss about $13.000; insurance, $7,000. WOODSTOCK, N. B., Nov. 16.-Wm. Cratg's large steam saw-mill was burned this morning. Loss, $20,000; insurance, $11,000. LAWRENCEBURG. IND., Nov. 16.-Twelve thousand dollars worth of lumber, owned by the suspended City National Bank, was burned yesterday. The fire is supposed to have been the work of an incendiary. ORLEANS, IND., Nov. 16.-The flour and saw-mill of Newton Turley, and three or four dwellings, were burned yesterday. The loss is $17,000; no insurance.

9. November 17, 1883 Savannah Morning News Savannah, GA
Article from Savannah Morning News, November 17, 1883

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RAVAGES OF THE FLAMES. Wholesale Destruction of Property Reported from Every Quarter. NEW ORLEANS, Nov. 16.-A dispatch from Monroe, La., says: "The steam gin house, cotton houses and steam saw mill of Thoobalds & McLain's plantation, Island Desard, seventeen miles from here, were destroyed by fire this morning with two hundred and fifty bales of cotton." A dispatch from Columbus, Miss., says that a fire there this morning destroyed J. H. Turner & Son's warehouse with two thousand bales of cotton. The loss is $100,000. The insurance is unknown. NEW YORK, Nov. 16.-A great fire is ragIng in Jersey City. The premises are said to be the ferry house and approaches of the New Jersey Central Railroad. CHARLESTON, S.C., Nov. 16, 11 A. M.-A special reports that a fire broke out in the town of Sumter last night and spread rapidly, soon involving in its destruction the stores of Messrs. Morris, Hewson, Pate, Hoyt, Desoune, Snares, Bogin, Pheeney, O'Connor and Maxwell. At last accounts the fire was still raging. The loss is already estimated at $40,000. The aggregate loss by fire in Sumter last evening is about $50,000. JACKSON, MISS, Nov. 16.-The stores of Williams & Williams, at Bolton, were burned to-day. The loss is $45,000. PITTSBURG, Nov. 16.-A special says that the Newcastle paper mill was burned early this morning. The loss is about $50,000 and the insurance $35,000. WASHINGTON, Nov. 16.-Special dispatches report that five houses on Cemetery avenue in Charlotte, N. C., were burned this morning. The loss is $20,000, which is half insured. WAYCROSS, GA., Nov. 16.-S.R. Weston & Co.'s saw mill, located at the 146 mile post on the Brunswick and Western Railroad, was destroyed by fire to-day, together with a large stock of lumber. The fire communicated from the slab pit. The surrounding buildings were saved. The loss cannot be estimated as yet. LAWRENCEBURG, IND., Nov. 16.Twelve thousand dollars' worth of lumber, owned by the suspended City National Bank, was burned yesterday. The fire is supposed to have been of incendiary origin.

10. November 17, 1883 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, November 17, 1883

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Fire Breord. BOSTON, November 16.-A fire at No. 61 Haverhill street this morning, destroyed the stock of George H. Heath, cabinetmaker, and injured the stock of Bow. Pratt, machinery. Insured. CHARLESTON, S. C., November 10-A special to the News and Courier reports that a fire broke out in the town of Sumter last night and spread rapidly, soon involving in ruin the stores of Morris, Hewson, Pate Hoyt, DeLorne, Snares, Bogm, Pheeny, O'Conner and Maxwell. At last accounts the fire was still raging. Loss, 60 far, forty thousand dollars. COLUMBUS, O., November 16 -Anderson's carriage works together with Valrath's egg establishment, Powell's planing mills, Farmer's spice mill and Osgood's saw factory were partially burned this morning. Loss about $20,000. There was no insurance on the buildings, which belong to Anderson Bros. CINCINNATI, November 16-A Lawrenceburg, Ind., special says: Twelve thousand dollars' worth of lumber, owned by the suspended City National Bank, was burned yesterday. It is supposed to be an incendiary fire. Fully insured. PITTSBURGH, November 10-The New Castle paper mill was burned to the ground this morning, and is a total loss. The insurance is $35,000. The actual loes is not positively known, but is supposed to be about $50,000. The origin of the fire is only a matter of theory. Thirty hands are thrown out of employment. BOSTON, November 16.-The Boston & Providence Railroad Repair shops took fire this morning, and one-half of the store house, two large machine shops and a boiler house were almost wholly destroyed. The boiler house contained the boilers and engines which furnish power for all the other shops. Four hundred men are out of employment. Loss about $20,000. PITTSBURGH, November 16.-The four story building occupied by the Pittsburgh Plate Works and Addy Bros, plumbers, was entirely gutted by fire shortly after 12 o'clock to-night. Loss estimated at $20,000, partly insured.

11. November 17, 1883 The Daily Cairo Bulletin Cairo, IL
Article from The Daily Cairo Bulletin, November 17, 1883

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Another Lumber Fire. LAWRENCEBURG, Ind., Nov. 16.Twelve thousand dollars' worth of lumber, owned by the suspended City National Bank, burned yesterday. It is supposed to have been fired by an incendiary. Fully insured.

12. November 17, 1883 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, November 17, 1883

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Lumber Destroyed. LAWRENCEBURG, Nov. 16.-Twelve thousand dollars' worth of lumber owned by the suspended City National Bank burned yesterday. The fire is supposed to be the work of an incendiary. The loss is covered by insurance.

13. January 3, 1884 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, January 3, 1884

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Notes and Personalities. Special to the Indianapolis Journal. WASHINGTON, Jan. 2.-The President has appointed Clem. Studebaker and W. F. Nisbet, of Indiana, commissioners to represent the State at the World's Industrial Exposition in 1884. The Comptroller of the Currency is examining the affairs of the City National Bank, of Lawrenceburg, Ind., in order to determine whether a receiver should be appointed for that bank. The House committee on appropriations is working on some of the smaller appropriation bills, and expects to have the military academy and fortification bills ready to report shortly after Congress reassembles.

14. March 29, 1884 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, March 29, 1884

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Minor Notes. A. D. Lynch has assumed the duties of receiver of the City National Bank of Lawrenceburg. Jacob Deutsch, clothier, Lafayette, has made an assignment. Liabilities between $6,000 and $7,000; assets, unknown. Charles Buller, the murderer of his wife, has been removed from Whitly county to the jail at Fort Wayne for safe keeping. Frank Merriweather, of Fort Wayne, was run over at the depot there yesterday. His shoulder was crushed, and he will die. Thomas J. Gilligan, the well-known attorney, of Jeffersonville, who cut his throat with a pen-knife on Tuesday week, died on Thursday. A post of the Sons of Veterans has been organized at Huntington, with about twenty members. The organization is known as 0. P. Morton Camp, No. 8. Last night the board of trustees of the Fort Wayne Masonic Temple Association awarded to Christian Boseker a contract to finish the half-completed building for $26,000. Wm. Dudley Foulke, of Richmond, has filed a petition in the Circuit Court for a dissolution of the partnership between himself and Isaac Jenkinson, owners of the Palladium, and for the appointment of a receiver of the partnership stock and business. F. B. Thomas and Jacob Deihl, of Bedford, agreed to play a joke on Samuel Jacobs, a peddler, who was boarding at the Deihl House, by giving him croton oil on eggs. Jacobs was taken ill, and for several days lingered between life and death. He has commenced suit against F. E. Thomas and Jacob Deihl for $5,000. A soldier, in the Evansvllle Journal, suggests the nomination of General James C. Veach, of Spencer county, for Governor. He says: "In intellect, culture, force of character, and, best of all, good, sound judgment, General Veach is the peer of any man in the State, and his friends can point with pride to his gallant services as a soldier and unsullied record both in public and private life." Three prisoners escaped from the Decatur jall on Thursday night. They cut through the inner door until they came to the bars on the outer door. They then took the wrench of a coal stove and turned the bars and forced the stapleout. Their names, as they are known here, are Dave Morran, Billy Adams and Jack Welsh. Two prisoners who were confined with them, but whose sentence had nearly expired, refused to leave.

15. July 16, 1885 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, July 16, 1885

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For the Creditors' Benefit. A. D. Lynch, receiver of the City National Bank, of Lawrenceburg, filed suit in the United States Court yesterday, against the First National Bank, of Rising Sun, the Citizens' National Bank, of Greensburg, the First National Bank, of Greensburg, the Third and Fourth National Banks, of Cincinnati, the National Branch Bank, of Madison, and others. The suit is to recover for the defunct Lawrenceburg bank certain real estate on which the defendants foreclosed, claim being made that before judgment was entered the City National Bank had failed, and that the defendants must share with the other creditors the proceeds of a sale of the property.

16. August 7, 1886 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, August 7, 1886

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Ruling in a Bank Case. In the case of J. C. Small, receiver of Fitch & Fitch, of Ripley county, against A. D. Lynch, receiver of the City National Bank of Lawrenceburg, the court finds that the Lawrenceburg National Bank, by voluntary liquidation, authorized by the Comp. troller in 1884, paid 50 per cent. of its indebtedness to the three national banks of Cincinnati, which was, Judge Woods holds, in the nature of a dividend. The court or ders that the receiver shall make a report of all creditors who received such payments, and that further payments shall be stopped until all of the creditors have received & like sum. The Third National Bank has asked an appeal, which was taken under advisement.

17. August 13, 1886 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, August 13, 1886

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Minor Notes. Grandmother Bethiah Hancock, of Richmond, will be 100 years old if she lives until Sep. 9. The reunion basket meeting of the Christian churches of Montgomery county was held at New Market yesterday. A young lady, aged' twenty-one, named Sarah Lake, committed suicide at Spearsville, Brown county, by hanging. No cause is known. The quarterly convention of the Montgomery County Sunday-school Union will be held in the Methodist Church at New Ross, on Tuesday, Aug. 31. Mrs. Rose Salinger, of Lafayette, is dead, aged ninety-two She was the mother of Adolph Salinger, the leading Hebrew merchant of that place, and was born in Prussia in 1794. The colored camp-meeting at Brazil will close on Sunday, on which occasion Rev. J. M. Townssend, D. D., of Richmond, and Rev. Dr. G. W. Turner, of Indianapolis, will address the meeting. Brazilla H. Reynolds, a Wayne countr nioneer, died on Wednesday, at his home in Wiiliamsburg, from the effects of a sunstroke. He was eighty years old, and had resided in the county for fifty years. The large barn of Westley Miller, near Goshen, together with the entire crop of wheat, farming implements, etc., was destroyed by fire, on Wednesday, making a heavy loss. No insurance. Incendiary. A. D. Lynch, receiver of the City National Bank of Lawrenceburg, will soon make a distribution of 25 per cent. to the depositors. He has sold the bank property and will close the affairs of the bank at an early day. The Hendricks County Teachers' Institute will convene on Aug. 16, at Danville. The principal instructors are Professors Coffin and Sanders. Professors Ridpath and Atwater will lecture. A. E. Rogers is the superintendent. An E. & I. railroad freight train, while rounding a curve at Thomas's station, near Washington, a few days ago. left the track and was completely wrecked. The cars were piled up in a promiscuous heap, but no one was injured. The twenty-ninth annual meeting of the old settlers of Montgomery. Tippecanoe and Fountain counties will be held at Meharry's grove, on Thursday, Aug. 29th. Governor Gray and Governor Foraker, of Ohio, are expected to be present. Burglars entered the post-office at New Paris. Elkhart county, and made off with about $65 worth of goods, cash and stamps. Dr. Matthews's drugstore and Dr. D. Isenbice's hardware store suffered losses of about $100 each in showcase goods, On last Tuesday Sheriff Harper, of Montgomery county, took to the Insane Asylum David Lewis, who had made an escape about a week previous, and was found wandering about in Coal Creek township, said county. Lewis is from Oxford, Benton county. Mrs. Ricka Huckert, wife of a German huckster, living at Michigan City, committed suicide on Wednesday, in the presence of her three-yearold child, by tying a long veil around her neck, attaching an end to the bed-post, and then rolling off the bed to the floor. A ten-day camp-meeting commenced at Willow Branch yesterday. Rev. C. Harvey, of Fountain City, delivered the opening sermon, and Sister Reed, of Charlottsville, spoke at night on the subject "Where Art Thou?" Rev. John F. Hatfield is conducting the altar services. The Michigan City Knights of Labor have completed arrangements for starting a co-operative chair factory at that place. The company is capitalizedat $50,000. with shares of $5each, and over half of the stock has already been subscribed. The officers are L. E. Peno, president; Henry Bird, secretary; H. Sallwasser, treasurer. The one-hundredth birthday anniversary of Henry Stillwell was celebrated yesterday at the residence of his son, in Stendal, Pike county. Mr. Stillwell has resided in Indiana ninety six years, and is the father of nineteen children, six of whom are yet living. He has twenty-eight grandchildren and fifty-one great grandchildren. Dr. C. E. Julian, of Hopewell, Ripley county, had completed arrangements to remove to New Jersey, when his creditors, learning his plans, attached everything possible for store-bills, notes, etc., to the amount of $200 or $300. Itis said that he sold his farm for $900 without explaining to the buyer that it was covered by a $500 mortgage. The New Ross fair is in progress this week, and the attendance is large. All the departments are full. The managers of this fair association have always paid every premium in full, even if they had to take money from their private means. Last year the receipts were $500 short of the premiums, and the sum was immediately forthcoming. A reunion of old soldiers and sailors will be held at Castleton on Aug. 18 and 19. Addresses will be delivered by Gen. John Coburn, Maj. W. H. Calkins and James B. Black, of Indianapolis. There will be a sham battle on the 19th and a campfire at night. Gen. James R. Carnahan will be commander-in-chief; Maj. James R. Ross

18. September 11, 1886 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, September 11, 1886

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City National Bank of Lawrenceburg. WASHINGTON, Sept. 10.-Comptroller of the Currency Trenholm has declared a dividend in favor of the creditors of the City National Bank, of Lawrenceburg, Ind. This bank went into voluntary liquidation Aug. 13, 1883, and on March 11, 1884, was declared insolvent and placed in the hands of a receiver. By decree of the Circuit Court of the United States for the district of Indiana, the date of insolvency was fixed at Aug. 10, 1883. The bank, while in process of liquidation by its officers, paid a number of its creditors from 25 to 100 percent. on their claims. The present dividend, amounting to $21.000, is to equalize and level up the payments to 75 per cent. of the claims as they existed at the date of insolvency fixed by the court.

19. September 11, 1886 The Memphis Appeal Memphis, TN
Article from The Memphis Appeal, September 11, 1886

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creditors of the City National Bank of Lawrenceburg, Ind. This bank went into voluntary liquidation August 13, 1883, and on March 11, 1884, was declared insolvent and place in the hands of a receiver. By decree of the Circuit Court of the United States for the District of Indians the date of insolvercy was fixed at August 10, 1883. The bank while in process of liquidation by its officers, paid a number of its creditors from 25 to 100 per cent. on their claims. The present dividend, amounting to $21,000, is to equalize and level up the payments to 75 per cen'. of be claims as hey exis ed at the time of insolvency fixed by the court.

20. September 11, 1886 The Argus Rock Island, IL
Article from The Argus, September 11, 1886

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Declared a Dividend. W ASHINGTON CITY, Sept 11.-The comptroller of the currency has declared a dividend in favor of the creditors of the City National bank, of Lawrenceburg, Ind. This bank went into voluntarily liquidation Aug. 13, 1883, and on March 11, IS84, was declared insolvent and placed in the hands of a receiver. By a decree of the circuit court of the United States for the district of Indiana the date of the insolvency was fixed at Aug. 10, 1883. The bank while in process of liquidation by its officers paid a number of its creditors from 25 to 100 per cont. on their claims. The present dividend amounting to upwards of $21,000, is to equalize and level up the payments to 75 per cent. of the claims as they existed at the date of insolvency fixed by the court.

21. September 16, 1886 Iron County Register Ironton, MO
Article from Iron County Register, September 16, 1886

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FROM THE CAPITAL. The Austrian Mission-A Dissatisfied ExPostmaster Harmony's Sinecure - An Equalizing Dividend One for SparksBayard and the Greasers - National Banks Fined. WASHINGTON, Sept. 11.-It seems to be an accepted fact that the President has about made up his mind to appoint some person to the Austrian mission. Colonel A. H. Belo, editor of the Galveston News, is being strongly urged, and it is said by his friends that Mr. Clevelandis kindly disposed towards him. Colonel Belo is now in the Adirondacks, and has spent two or three days with the President. It is not believed by those best informed that Secretary Bayard will consent to send any one to Austria, but others are confident that the President is about to take the matter in his own hands and appoint some one who will be unobjectionable. Itis urged that the President has lost confidence in Secretary Bayard's judgment since the Austrian Government refused to accept Mr. Keily as Minister, which as well has resulted in the recalling of Baron Shaffer, then the Austrian Minister to this country. Friendly diplomatic relations have not prevailed, and Baron Shaffer has not been succeeded by any representative of that government. Secretary Bayard will oppose appointing any one, upon the grounds that it will be construed into a concession upon the part of this Government to send a minister after Mr. Keily's rejection. The Austrian Government, it is understood, has no objection to receiving any one the President may name. WASHINGTON, Sept. 11.-The army of claimants who annually march into Washington while Congress is in session will have at least one new recruit next winter. A. N. Wilson, who was recently removed from the postmastership of Savannah. Ga., because he was an offensive partisan, denies the authority of the President to remove him, and announces his intention to take his case into the Court of Claims. He bases his claim on the Constituion of the United States, and intends to sue the government for salary which will not be due until the latter part of January, 1889, the date of the expiration of his commission had he been permitted to remain undisturbed in office. He states that he is now making arrangements to contest the question in the Court of Claims, but fears that the judges may decide against him because it has been the custom so long to remove officials at the discretion of the President. WASHINGTON, ago Secretary Whitney issued an order abolishing the Bureau of Construction and Repair, and the Department of Yards and docks. The construction bureau have already made preparations to comply with this order, but the acting SecreHare si AABN the JO Arm JO Bureen the 10 Chief st H Anom Yards and Docks. Taking advantage of his present authority and to prevent the possibility of being removed from this "sinecure," he issued yesterday an order to prevent any movements respecting the removal of his bureau. He forwarded a letter to Secretary Whitney, stating that the bureau was absolutely necessarv for the sole purpose of keeping himself in office. It is expected that Secretary Whitney will require a strict compliance with his order. WASHINGTON, Sept. 11.-Comptroller of the Currency Trenholm has declared a dividend in favor of the creditors of the City National Bank of Lawrenceburg, Ind. This bank went into voluntary uo puu 1888' '81 liquidation March 11, 1884, declared insolventand placed in the hands of a receiver. By decree of the Circuit Court of the United States for the district of Indiana the 18nBuy 18 pexy SUM JO date 10, 1883. The bank, while in process of liquidation by its officers. paid a number of its creditors from twenty-five to one hundred per cent on their claims. The present dividend, amounting to $21,-And the dn 19401 рив equalize 01 si '000 ments to seventv-five per cent of the claims as they existed at the date of in. solvency fixed by the court. W ASHINGTON, Sept. 11.-A pretty little row was disposed of yesterday morning by Acting Attorney-General Jenks. Comptroller Durham several days ago ordered Land Commissioner Sparks to audit certain accounts. Sparks replied in effect that he would do it when he got ready. Durham then intimated that he would make him do it. Both Sparks and Durham are stubborn and pugnacious, and it looked for a time as though the record of the Kilkennv cats would be wiped from the pages of history. Judge Jenks, however, was called upon to settle the difficulty, and he decides that the Secretary of the Interior alone can compel the Land Commissioner to audit his accounts. WASHINGTON, Sept. 11.-The Secretary of State, notwithstanding the release of Cutting, will, it is said, insist upon the abrogation of article 186 of the Mexican penal code, which confers upon Mexican courts jurisdiction under certain circumstances over foreigners for offenses committed outside of Mexican territory; or at least Mr. Bayard will insist upon the renunciation by Mexico of the right to subject American citizens to that code on the ground that American courts have exclusive criminal jurisdiction over offenses committed within the territory of the United States by American citizens. VASHINGTON, Sept. 11.-The Comptroller of the Currency vesterday fined five National banks $500 for delinquency in responding to his calls for monthly reports. These banks, the Comptroller блегу JOJ eash 0018 peug eq 111M 'SAUS day that they are delinquent in respondSHIPP 144 calls. Inture pur sign 01 But fined have been in default on three different calls, and the Comptroller has determined to make an example of them by enforcing the law. He made the order im-

22. October 30, 1886 Huntsville Gazette Huntsville, AL
Article from Huntsville Gazette, October 30, 1886

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QUEEN VICTORIA has in contemplation a visit to Ireland in 1887. THE Secretary of War has directed that Chief Mangus and the two Apache bucks captured with him be sent to Fort Pickens, Fla., and the squaws and children to Fort Marion. ABOUT sixty companies have thus far signified their intention of participating in the National competitive drill to be held in Washington next year. FRANCIS MCCABE, one of the New York boodle aldermen in jail, is believed to be insane. A TELEGRAM received at Vienna from Sofia says Russian frigates have arrived at Varna. THE ship Owen of the Hudson Bay Company is reported to have been wrecked in a hurricane while doubling Cape Churchill. The passengers and crew 68. caped. CROFTERS who resisted e viction on the isle of Skye were charged with bayonets and a number were wounded. JAMES G. BLAINE visited Washington and Jefferson college at Washington, Pa., on the 25th, and made a speech to the students. THE Russian consul at Varna has asked for a war ship to protect the consulate and Russian residents of that place from the violence of the populace. GEORGE T. SEITER, ex-clerk of the Cincinnati Board of Public Works, was bound over to the grand jury in the sum of $15,000. THE Comptroller of the Currency has declared a final dividend of 6 1-10 per cent. in favor of the creditors of the City National Bank of Lawrenceburg, Ind. This makes in all 81 1-10 per cent. on claims amounting to $100,884. A MOVE is being made to pool the entire soft coal production of Pennsylvania, Ohio and West Virginia. THE first volume of a new translation of the Bible into French has been published at Paris by M. Ledrain, a Hebrew scholar. JUSTICE O'BRIEN has formally declared Justin McCarthy entitled to the seat in the House of Commons which was held by Mr. Lewis, and ordered the latter to pay McCarthy's costs. "IT's all a fabrication and a lie," was the emphatic statement of Baron Rosen, the Russian minister at Washington when asked by a reporter whether the Czar of Russia, while suffering from temporary aberration of mind, had shot one of his deputies. THE Commissioner of Internal Revenue has modified the regulations in regard to the oleomargarine law so as to make them conform to the opinion of the AttorneyGeneral that the components of oleomargarine are subject to tax only when made in imitation or semblance of butter. THE Treasury Department has sustained the action of the collector of customs at New York in assessing duty on tomatoes as "vegetables." The importer claimed them to be exempt from duty as "fruit." LIEUTENANT D. L. BRAINARD, better known as Sergeant Brainard, has been assigned to Co. G, Second cavalry, and will be stationed at Walla Walla. This is his old regiment but a different company from the one he formerly belonged to.