9867e7dbFull suspension, Books examined
Other: Cashier Conzman/Conzman's defalcation discovered; bondsmen turned in securities $60,000; receiver later appointed and sizable dividends paid to depositors.
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Terre Haute Bank Closed. Terre Haute, Ind., June 28.-The Vigo County National bank closed its doors today. following the run resulting from the discovery that Cashier Conseman had resigned owing to a shortage, which it is claimed reaches over $50,000. The deposits amount to $1,000,000.
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VIGO COUNTY NATIONAL BANK CLOSES ITS DOORS Terre Haute, Ind., June 28.-The Vigo County National bank, on which there has been a run for the past two days, closed its doors today. A national bank examiner is investigating.
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TWO DAYS' RUN CLOSES BANK Vigo County National in Indiana Is Being Examined. Terre Haute, Ind., June 28.-The Vigo county National bank on which there has been a run the past two days, closed its doors this morning. A national bank examiner is investigating. According to the bank's statement June 1, its total resourees were $1,656.000: individual deposits, $982,000, and United States deposits, $191,000. The discovered shortage of Cashier Conzman precipitated the run which led to the bank's closing. The Indiana organization of the United Mine Workers has $90,000 deposited in the bank.
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BANK IS CLOSED. A Run Started Two Days Ago is the Cause of the Shut Down. Terre Haute. Ind. June 28.-The Vigo County National bank. on which there has been a run for the past two days. closed its doors this morning. A national bank examiner is investigating.
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ern Pacifie, who stands at the head of the railroad contingent of civil engineers, may be prevailed upon to take charge of the work. Acting Secretay of War Robert Shaw Oliver, today granted authority to the New York and Long Island Railroad Company to construct a tunnel under the East river from 42d street, New York, to 5th street, Long Island City. Secretary Oliver also granted the railroad company permission to sink a shaft to the tunnel from Man-of-War reef at the southern end of Blackwells Island. It is not stated just what the project of the railroad company is or the cost of the tunnel. The Comptroller of the Currency this morning received a dispatch informing him that the Vigo County National Bank of Terre Haute, Ind., had been closed by order of the bank directors. This is the bank in which a shortage of $16,000 was discovered a few days ago in the cashier's accounts. Although Cashier Conzman's bondsmen turned in $60,000 to protect the bank a run followed. The last report of condition on May 29 gave the capita! stock of the bank at $150,000, deposits $1,251,282.14 and resources and liabilities $1,564,968.70. An important petition alleging discrimination by certain western and southern railroads in tavor of the Standard Oil Company was filed with the Interstate Commerce Commission today by the Gulf Refining Company, an independent concern having its principal offices at Port Arthur, Texas. The complainant alleges that the defendants, acting in concert for the purpose of preventing the marketing of the Gulf Refining Company's oils in the north, have established unjust and unreasonable rates. James E. McGowan, a conductor on the Junction car of the Columbia road, was attacked with vertigo while collecting fares on his car between Benning station and the Junction this morning and fell from the car. His head came in contact with an obstruction, crushing his skull, and he died almost instantly.
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Terre Haute Bank Suspends. Terre Haute, Ind., June 28.-The Vigo County National bank. on which the e has been a run for the bilot two days, closed its doors this morning. -
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Bank Closes Deors. (By Associated Press.) TERRE HAUTE, IND., June 28.-The Vigo county National Bank, on which there has been a run for the past two days, closed its doors to-day. A national bank examiner is investigating.
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The World of Finance and Trade CLOSED ITS DOORS. Reactionary Tendencies National Bank at Terre Haute Failed -Last Statement. Marked Today's Market. The controller of the currency has appointed W. D. Frazer receiver of the Vigo County National Bank of Terre Haute, Ind., which has closed Its doors. TONE WAS IRREGULAR The following is a statement of the resources and liabilities of the bank at the MAXIMUM LOSSES IN FEW CASES date of its last report of condition, May 29, 1905: EXCEEDED ONE POINT.
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DUE TO CASHIER'S SHORTAGE. National Bank at Terre Haute, Ind., Closes Its Doors. Terre Haute, Ind., June 29.-The Vigo County National bank, on which there has been a run for the past two days, has closed its doors. A national bank examiner is investigating. The discovered shortage of Cashier Conzman precipitated the run which led to the bank's closing. The directors were in session nearly all night and it is rumored that the shortage of Cashier Conzman will be much larger than the admitted $16,000. The Indiana organization of the United Mine Workers of America has $90,000 deposited in the bank which it tried to withdraw, but was unsuccessful.
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INDIANA BANK IN CHARGE NATIONAL BANK EXAMINER Associated Press. Terre Haute, Ind., June 28.-The Vigo County National bank, on which a run was recently made. was closed this morning. The national bank examiner is in charge.
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CONDENSED DISPATCHES. The Vigo County National Bank of Terre Haute, Ind., on which there has been a run for the past two days, closed its doors, Wednesday. A national bank examiner is investigating. Commander Roy C. Smith, the American naval attache at Paris and Captain Prince Itchijo, the Japanese naval attache, have been invited to attend the naval festivities at Brest in which the British and French fleets will participate. Alva Carpenter, founder and president of the A. Carpenter & Sons Foundry Co. of Providence, R. I., and well known in business circles throughout New England, died at his residence there Wednesday, of apoplexy, aged 76 years. A widow, two sons and two daughters survive him. He was a prominent Odd Fellow and had served two terms in the General Assembly from Providence.
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BANK FORCED TO CLOSE. Cashier of a Terre Haute Institution Short in His Accounts. The Vigo County National Bank, of Terre Haute, Ind., on which there had been a run for two days, closed its doors Wednesday morning. The national bank examiner is investigating. According to the bank's statement June 1 the total resoruces were $1,565,000; individual deposits, $982,000; United States deposits, $191,000. It has been discovered the shortage of Cashier Conseman precipitated the run which led to the bank's closing. The Indiana organization of United Mine Workers has $90,000 deposited in the bank.
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BANKER LED GAY LIFE. His Extravagance Was Caused of a Bank Being Wrecked. Terms Haute, Ind., July 5.-The wreting of the Vigo County National Bank which closed after a run of two days Bollowing the announcement that Cash "Gus" Conzman was short, is followed by an exposure of scandal which has been a matter of gossip for a year or more. It is published today that in addition to Conzman's deals in the bank and his prolonged gambling he was living a dual life. A woman who had a house in a select district was called upon by the cashier so frequently that the neighbors complained to the police. It is said that at times when she had a wonian friend with her Conzman and some one of his highflyer friends called at the house and made so merry that the neighbors were Incensed. Another woman, not now in the city, to whom he paid at. tention, is said to have a note in the Vigo National bank for $1,000. Only recently he visited a resort and gave $5 and $10 to each of the women and promised a plano to one of them.
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Crimes. Frank R. McCamyon, a waiter of Chicago, believing that he had shot and fatally wounded a friend and was liable to arrest, committed suicide. Mrs. Adelaide Foster, until recently a resident of Chicago, committed suicide by inhaling gas in apartments occupied by her daughter in New York. Thomas M. Casey, cashier of the Salmon bank, was arrested at Clinton, Mo., on a charge of forging two notes aggregating $10,000, preferred by W. M. Stevens. Ellwood Garman, convicted of murder in the first degree for the killing of William Murray, was found dead in his cell at Mifflingtown. He committed suicide by drinking carbolic acid. During a quarrel over a game of dice on an excursion train at Lafayette, Ind., Sylvester Jones was stabbed fatally by Stephen Hurst, a one-armed man. Hurst is in jail on a charge of murder. Carrying out the request of Gov. Haney that he enforce the law against poolselling at the state fair grounds at Indianapolis, Sheriff Edward Sourber and eleven deputies arrested eight bookmakers. Former Chief J. W. Hill of the Philadelphia filtration bureau has been arrested on new charges of forging contract slips of $40,000, after having already been arrested for other similar forgeries aggregating $30,000. Fifteen employes of an American circus were arrested at Grand Mere, Que., by militia from Quebec. charged with kidnapping and ill-using a young French Canadian girl at Robberval, and shooting another girl at Chamborg. Frank Ward and Thomas Driscoll, suspected of being implicated in the attempted holdup of the North Coast Limited train near Tacoma, were arrested at Seattle and are held in the city jail. Ward answers the description of the man who boarded the engine and fired a shot at the engineer. The Vigo County National bank of Terre Haute, Ind., has announced that Cashier Conzman has resigned and that a shortage has been discovered in his accounts of about $16,000. Conzman turned over securities amounting to $60,000. Following the announcement a run was started on the bank.
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IOWA ONE OF SIX STATES WHERE GRAFT IS UNKNOWN. (Continued from Page 1). ey than any other enterprise in the state. Testimony is to be taken in all parts of the state. Nebraska. "Lincoln, Neb., July 9. - The recent decision of the Nebraska supreme court declaring the biennial election law unconstitutional may have the effect of stopping the investigation of graft connected with its passage. It was charged during the debate on the bill that a substantial corruption fund had been raised by office holders to insure its passage and so earnest was the protest that a legislative committee was appointed to make an investigation. "Another Nebraska graft case, a relic of the indictment of ex-Senator Chas. H. Dietrich for alleged trafficking in postoffices,still hangs fire in the federal court for the district of Nebraska. It concerns men of prominence, who It is charged, worked hand in hand with the former senator in the sale of postoffices and other federal appointments. The cases of Postmaster Mitchell of Alma, Postmaster Fisher of Hastings and Elliott Lowe, former member of the legislature, indicted jointly with Dietrich, have never come to trial. "The most recent graft inquiry in Nebraska concerns the illegal acquirement of homesteads and illegal fencing of government lands in the northwestern part of the state. Many men are involved. Thus far there have been but two convictions. The trials of the other indicted men will begin at the coming session of the court One of the latter is Frank Currie, a member of the lower house of the Nebraska legislature. Indiana. "Indianapolis, Ind., July 9.-Charges of "graft" are being investigated in various parts of Indiana. From Richmond comes word that the fraud charged against members of the city administration is being investigated by the grand jury. In Grant county expert accountants report that several of the county officials now in office and former officeholders have been found short in amounts of over $23,000. The officials deny any shortage "Investigation of the defunct Vigo County National bank of Terre Haute is progressing under instructions from Washington. If the insolvency develops the acceptance of $70,000 of government deposits when failure stared the officials in the face it may incriminate the entire management. "Cashier Bowman of the Commercial bank of Hagerstown. Ind., killed himself on Monday President Mason announced the bank must suspend, with liabilities of $150,000 and comparatively no assets. Kansas. "Topeka. Kan., July 9.-Kansas is in the midst of a graft investigation which will cover every department of the state. The legislature which met last winter appropriated the sum of $15,000 to be expended by the governor in ascertaining how the public money has been handled the last five years. Five expert accountants are now busy on the books of State Treasurer T. T. Kelly, and when they finish their work they will investigate the state school fund commissioners. "Since the investigation began it has been found the state treasurer has more than $1,000.000 on deposit in state banks which he is supposed to be drawing interest The treasurer and his friends deny this, and the investigation will reveal the facts. The failure of the First National bank, with more than $500,000 in state money on deposit, has complicated affairs to a certain extent. "The charges against the members of the state school fund commission are little more than intimations that they have misused the funds in their care. Minnesota. "St. Paul, Minn., July 9.-Not since the graft charges against Mayor Ames of Minneapolis and his conviction. together with the conviction of the chief of police a year ago, for municipal graft, has there been any graft scandal in Minneapolis that has become public. Wisconsin. "Milwaukee, Wis., July 9.-Today the Milwaukee graft hunting grand a jury will reconvene and early in the proceedings will vote several more indictments. "Twenty-one alleged grafters, nearly all big members of the county board of supervisors, are under indictment, awaiting the pleasure of the district attorney before being brought to trial. They are all involved in three deals, the letting of contracts for three portions of the work on a county building. "One indictment is for the alleged giving of $250 to a supervisor to secure bis.vote sale of county property
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# Cashier Lost $200,000 at Gambling. Gus A. Conzman, the defaulting cashier of the defunct Vigo County National Bank, was arrested at Indianapolis last night on a charge of embezzlement. The report of the receiver shows that the defalcation is nearly $200,000, and this money is now known to have been lost during several years in Terre Haute gambling rooms and at nearby race courses. Since the failure of the bank, which followed immediately on the discovery of Conzman's defalcation, the ex-cashier has been very ill, and when his arrest came last night he was unable to leave his bed. Bond was given in the sum of $50,000, but no date for preliminary hearing was fixed. The stockholders will try to recover the money lost by the cashier from the gamblers by making them parties to suits and also by proceedings against them with charges of conspiracy to rob the bank. Conzman had very little property, and it is urged that the men with whom he played and to whom he lost-large sums of money must have known that it was being taken from the bank.
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LOST $200,000 AT PLAY. Cashier of the Vigo County Bank Arrested -Gamblers to Be Prosecuted. INDIANAPOLIS, July 18.-Gus A. Conzman, the defaulting cashier of the defunct Vigo County National Bank, was arrested this evening on a charge of embezzlement. The report of the receiver shows that the defalcation is nearly $200,000, and this money is now known to have been lost during several years in Terre Haute gambling rooms and at nearby racecourses. Since the failure of the bank, which followed immediately on the discovery of Conzman's defalcation, the ex-cashier has been very ill, and when his arrest came this evening he was unable to leave his bed. Bond was given in the sum of $50,000, but no date for preliminary hearing was fixed. The stockholders will try to recover the money lost by the cashier from the gamblers by making them parties to suits and also by proceedings against them with charges of conspiracy to rob the bank. Conzman had very little property, and it is urged that the men with whom he played and to whom he lost large sums of money must have known that it was being taken from the bank.
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MAY PAY IN FULL "If," Says Receiver of Terre Haute National Bank. Washington, July 19.-The first report of the receiver of the Vigo county National Bank, of Terre Haute, Ind., which suspended June 28, has been received by the Comptroller of the currency. The receiver estimates the value of the assets as follows: Good, $858,042.62; doubtful, $203,104.18; worthless $68,538.14. And the liabilities of the bank including individual deposits $581,798.77, and public deposits $264,666.79, at $936,520.01. "If these assets work out as estimated by the receiver," it is stated, "the probabilities are that the liabilities of this bank to creditors will be paid in full, without recourse to an assessment of the stockholders."
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Receiver for the Spring Valley Bank. Washington, Aug. 1.-Judge Harvey M. Trimble, of Princeton, Ill., has been appointed receiver of the Spring Valley National bank, of Spring Valley, III., and Charles Andrews, of Brazil, Ind., has been appointed receiver of the Vigo County National bank, of Terre Haute, Ind.
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RECEIVERS OF BANKS APPOINTED. Washington, July 31.-Judge Harvey M. Trimble, of Princeton, III., has been appointed receiver of the Spring Valley National Bank, of Spring Valley, Ill., and Charles Andrews, of Brazil, Ind., receiver of the Vigo County National Bank, of Terre Haute, Ind. The Controller of the Currency has received the first report of the receiver of the Spring Valley National Bank. which closed its doors on July 5. He classifies the assets of the bank as follows: Good. $57,108 doubtful, $463,569. The liabilities are as follows: Individual deposits, $50,203. certificates of deposit $374.028
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Receiver Appointed. Washington, Aug. 1.-Judge Harvey M. Trimble. of Princeon, Ill., has been appointed receiver of the Spring Valley national bank of Spring Valley, Ill., and Charles Andrews, of Brazil. Ind., has been appointed receiver of Vigo County national bank, of Terre Haute, Ind.
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SCHIFFER UNDER HEAVY BONDS. Owner of Defunct Colorado Bank Waives Examination. ALAMOSA. Cal., Nov. 11.-Abraham Schiffel. one of the owners of the Bank of Alamosa, which suspended business recently, and who was arrested in New York, waived preliminary examination and was held in bonds of $70,000, $10,000 each for seven counts of receiving deposits while knowing his bank to be insolvent. TERRE HAUTE, Ind., Nov. 11.The second 40 per cent dividend, approximating $300,000, will be paid with. in A few days to the depositors of the defunct Vigo County National bank.