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National Bank Suspends Payment. Alma, KAN., Nov. 24-The First National Bank of this city closed its doors Saturday and will go into liquidation. The failure was caused by depreciation of mortgages on which the bank had loaned money. The liabilities are about $25,000 and the assets small. The depositors are mostly small farmers, who can ill afford to lose the money.
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James Lapton, W. M more and Hosmer. IN a drunken row at Eagle Rock, Idaho, Jasper Yarber completely trampel the nyes out of John Bayliss, an old citizen. Twenty-sixth Ward Bank in N. Y., was by the of Brooklyn, THE broad daylight robbed old of trick $5,000 the cashier outside on had a senvous in calling that a customer the horse plea which be could not leave THE base-ball losses during the past season were: Playera' Lengue, $125,000; National League, $231,000. NEARLY a million dollars in Australian gold sovereigns were deposited and melted down at the San Francisco mint. l'ine Census Bureau at Washington has paid 23.000 pt the 48,000 enumerators. have received 1000, at which the of the They rate pay enumerators alone will amount to $7,000,000. AT the leading clearing-house in the United States the exchanges during the week ended on the 22d aggregated against week. As the $1,845,799,566; previous compared $1,502,834,479 with the incorresponding week of 1889 the crease amounted to 9.3. THE Plaquemine (La.) Lumber & ImCompany's provement shingle-mill, shingles, were together with 5,000.00 burned, causing a heavy loss. SNOW to the depth of eight inches fell Western New York on the 22d. of a brick proerection at Jersey cess THE in of walls building City, in N. J., in burying ntany workmen One man was collapsed, the ruins. killed and twelve injured, several, it was thought, fatally. IN the Gallinas mountains of New Mexico four sheep herders were killed by a hail-storm and sixteen others and 1,600 head of sheep were missing. THREE of the seven factories at the Illinois glass works at Alton, Ill., were burned, causing a loss of $100,000. THE post-office at Pocatello, Idaho. was entered by burglars, the safe blown open and $600 in money, $400 in stamps and $200 in registered packages were taken. Six THOUSAND coal miners, nineall the miners in Alabama. to strike for BROS. silk mill at Paterson, resolved tenths BAMFORD of higher wages. N. J., was burned, causing a loss of $400,000; insurance, $200,000. THE First National Bank of Alma, at Kan., and the Bank of Waverly, Waverly, Kan., closed their doors. JOHN B. DRAKE, of the Grand Pacific Hotel, Chicago, gave his thirty-fifth Over annual game dinner on the 22d. 500 guests were present. A GANG of thieves robbed a dozen business houses at Carey, O., and made their escape. A STRANGER grabbed $3,000 in bills O., a desk in a bank at Massillon, and from in the pursuit which followed the thief scattered the package of bills in the air and while his pursuers were his looking after the money he made escape. UP to the 22d the vote of Methodist churches on eligibility of women the to places in the general conference of denomination stood: yeas, 13,532; nays, 11,020. IT was estimated that the shrinkage of stocks and bonds upon the in Stock Exchange to $300,000,000. and amounted New values York since that June Jay of Gould was made richer to the extent $30,000,000. JOHN C. FERRELL, a wealthy citizen 22d of Wilkesbarre, Pa., had not on the eaten a morsel of food for two weeks. He persistently refused to eat. insistthat he was dead and did not re- to ing quire food. His case was a puzzle physicians. THE report of the Third Assistant increase Postmaster-General shows an a of 10 per cent. in the postal revenues. of MISS LAURA DOUGLASS. daughter merchant at Seward, Kan., while aceidentally leading shot and killed herself handling a pistol. MOUNTAIN fires had been burning and for weeks near Jellico, Tenn., two surpassed any thing in the mem- Pine they of the oldest inhabitant. The mountains ory were almost a solid mass of of Thousands of dollars' worth timber fire. and fences had been destroyed. THE United States Rolling-Stock hands Company in Chicago went into the $3,816,of receiver with liabilities of a assets. $6,053,000. '1 he tight trouble money market 000; caused the failure. he there would only be temporary. and would be no stoppage of business. AT Guthrie, O. T., Albert Russell, 10, and Mary McAllister, the 12 years acciold, aged were fatally wounded by dental discharge of a revolver. JAMES TUCKER, a workman, fell across New "live" electric light wire in a York City and was instantly killed by the sheck.
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their doors, and announced that all payments were suspended. AT Knoxville, Tenn, Jack Maples (colored) was hanged for criminal assault, and Dorsey Edwards (colored) was executed at Yazoo City, Miss., for the murder of his wife September 5 last. DURING a battle with horse-thieves near Cairo, Kan., two of the robbers were shot dead by the officers. IN several Missouri counties a peculiar and fatal disease was raging among cattle and horses. Over 100 horses had died, and the disease baffied the skill of the veterinary surgeons. THE official canvass of the recent election in South Carolina shows that B. R. Tillman (Dem.) was elected Governor by a majority of 44,331 over A. C. Haskell, the Independent Democratic candidate. The Democrats also elected the six Congressmen by majorities ranging from 3,500 to 9,000. Two BANKS in Kansas, the First National, at Alma, and the Bank of Waverly. closed their doors. ON the 22d John B. Drake, of the Grand Pacific Hotel, Chicago, gave his thirty-fifth annual game dinner. Over 500 guests were present. AT Council Bluffs, Ia., Colonel W. F. Sapp died, aged 66 years. He was a member of the Forty-Hifth and Fortysixth Congresses. A DOZEN business houses at Carey, o., were raided by a gang of thieves. IN a Massillon (0.) bank a stranger grabled $3,000 in bills from a desk, and in the pursuit which followed the thief scattered the package of bills in the air and while his pursuers were looking after the money he made his escape. FIRE destroyed three of the seven factories at the Illinois glass works at Alton, Ill., causing a loss of $100,000. FOUR sheep herders were killed in the Gallinas mountains of New Mexico by a hail-storm and sixteen others and 1,600 head of sheep were missing. BURGLARS entered the post-office at Pocatello, Idaho, and carried off $600 in money, $400 in stamps and $200 in registered packages. OVER 6,000 coal miners, nine-tenths of all the miners in Alabama, resolved to gtrike for higher wages. THE vote of Methodist churches on the eligibility of women to places in the general conference of the denomination stood on the 22d: Yeas, 13,532; ways. 11,020. NEAR Jellico, Tenn., mountain fires surpassed any thing in the memory of the oldest inhabitant The Pine mountains were almost a solid mass of fire. Thousands of dollars' worth of timber and fences had been destroyed. IN Chicago the United States RollingStock Company went into the hands of 8 receiver with liabilities of $3,816,000; assets, $6,053,000. The tight money market caused the failure. The trouble would only be temporary, and there would be no stoppage of business. OFFICIAL returns received by the Secretary of State of Wisconsin from all the counties in the State show that the total vote for Governor at the recent election was 308,417, a decrease of 46,297 from the vote of 1888. Peck's plurality is 28,318.
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The tew hundred troops that had reached the agency were said to anticipate an attack from 6,000 to 8,000 wellarmed redskins at any moment. OFFICIAL notice was given Governorelect Boyd, of Nebraska, that his election was to be contested by the Farmers and Independents. JASPER YARBER completely tramped the eyes out of John Bayliss, an old citizen, in a drunken row at Eagle Rock, Idaho. RAGSDALE & Co., bankers of Oklahoma City, O. T., who also have banks at Guthrie, Norman, Kingfisher and El Reno in that Territory, failed to open their doors, and announced thatall payments were suspended. AT Knoxville, Tenn., Jack Maples (colored) was hanged for criminal assault, and Dorsey Edwards (colored) was executed at Yazoo City, Miss., for the murder of his wife September 5 last. DURING a battle with horse-thieves near Cairo, Kan, two of the robbers were shot dead by the officers. IN several Missouri counties a peculiar and fatal disease was raging among cattle and horses. Over 100 horses had died, and the disease baffled the skill of the veterinary surgeons. THE official canvass of the recent election in South Carolina shows that B. R. Tillman (Dem.) was elected Governor by a majority of 44,331 over A. C. Haskell, the Independent Democratic candidate. The Democrats also elected the six Congressmen by majorities ranging from 3,500 to 9,000. Two BANKS in Kansas, the First National, at Alma, and the Bank of Waverly, closed their doors. ON the 22d John B. Drake, of the Grand Pacific Hotel, Chicago, gave his thirty-fifth annual game dinner. Over 500 guests were present. AT Council Bluffs, Ia., Colonel W. F. Sapp died, aged 66 years. He was member of the Forty-fifth and Fortysixth Congresses. A DOZEN business houses at Carey, O., were raided by a gang of thieves. IN a Massillon (0.) bank a stranger grabbed $3,000 in bills from a desk, and in the pursuit which followed the thief scattered the package of bills in the air and while his pursuers were looking after the money he made his escape. FIRE destroyed three of the seven factories at the Illinois glass works at Alton, Ill., causing a loss of $100,000. FOUR sheep herders were killed in the Gallinas mountains of New Mexico by a hail-storm and sixteen others and 1,600 head of sheep were missing. BURGLARS entered the post-office at Pocatello, Idaho, and carried off $600 in money, $400 in stamps and $200 in registered packages. OVER 6,000 coal miners, nine-tenths of all the miners in Alabama, resolved to strike for higher wages. THE vote of Methodist churches on the eligibility of women to places in the general conference of the denomination stood on the 22d: Yeas, 13,532; nays, 11,020. NEAR Jellico, Tenn., mountain fires surpassed any thing in the memory of the oldest inhabitant. The Pine mountains were almost a solid mass of fire. Thousands of dollars' worth of timber and fences had been destroyed. IN Chicago the United States RollingStock Company went into the hands of a receiver with liabilities of $3,816,000; assets, $6,058,000. The tight money market caused the failure. The trouble would only be temporary, and there would be no stoppage of business. OFFICIAL returns received by the Secretary of State of Wisconsin from all the counties in the State show that the total vote for Governor at the recent election was 308,417, a decrease of 46,297 from the vote of 1888. Peck's plurality is 28,318.
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their doors, and announced that all payments were suspended. AT Knoxville, Tenn., Jack Maples (colored) was hanged for criminal assault, and Dorsey Edwards (colored) was executed at Yazoo City, Miss., for the murder of his wife September 5 last. DURING a battle with horse-thieves near Cairo, Kan., two of the robbers were shot dead by the officers. IN several Missouri counties a peculiar and fatal disease was raging among cattle and horses. Over 100 horses had died, and the disease baffled the skill of the veterinary surgeons. THE official canvass of the recent election in South Carolina shows that B. R. Tillman (Dem.) was elected Governor by a majority of 44,331 over A. C. Haskell, the Independent Democratic candidate. The Democrats also elected the six Congressmen by majorities ranging from 3,500 to 9,000. Two BANKS in Kansas, the First National, at Alma, and the Bank of Waverly. closed their doors. ON the 22d John B. Drake, of the Grand Pacific Hotel, Chicago, gave his thirty-fifth annual game dinner. Over 500 guests were present. AT Council Bluffs, Ia., Colonel W. F. Sapp died, aged 66 years. He was a member of the Forty-fifth and Fortysixth Congresses. A DOZEN business houses at Carey, O., were raided by a gang of thieves. IN a Massillon (0.) bank a stranger grabbed $3,000 in bills from a desk, and in the pursuit which followed the thief scattered the package of bills in the air and while his pursuers were looking after the money he made his escape. FIRE destroyed three of the seven factories at the Illinois glass works at Alton, Ill., causing a loss of $100,000. FOUR sheep herders were killed in the Gallinas mountains of New Mexico by a hail-storm and sixteen others and 1,600 head of sheep were missing. BURGLARS entered the post-office at Pocatello, Idaho, and carried off $600 in money, $400 in stamps and $200 in registered packages. OVER 6,000 coal miners, nine-tenths of all the miners in Alabama, resolved to strike for higher wages. THE vote of Methodist churches on the eligibility of women to places in the general conference of the denomimation stood on the 22d: Yeas, 13,532; uays, 11,020. NEAR Jellico, Tenn., mountain fires surpassed any thing in the memory of the oldest inhabitant. The Pine mountains were almost a solid mass of fire. Thousands of dollars' worth of timber and fences had been destroyed. IN Chicago the United States RollingStock Company went into the hands of 8 receiver with liabilities of $3,816,000; Assets, $6,053,000. The tight money market caused the failure. The trouble would only be temporary, and there would be no stoppage of business. OFFICIAL returns received by the Secretary of State of Wisconsin from all the counties in the State show that the total vote for Governor at the recent election was 308,417, a decrease of 46,297 from the vote of 1888. Peck's plurality is 28,318.
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GENERAL DOMESTIC. Dr. Turner, Falkville, Ala, in a fit of insanity, killed his wife. Ex Alderman Drady of Des Moines, Io., is on trial for "boodling All the street railroads in Pine Blaff Ark., have been consolidated. Albert H. Smith, the New York broker, has been convicted of forgery. August Belmont, the well known mil lionnaire, died suddenly of pneumonia. The assignee of Prettyman's Chicago bank has been removed at the request of the depositors. The heirs of Wm. B. Ogden of New York, who died leaving $4,000,000, are con testing the will. President Cleveland has written a Kan sas friend congratulating him on the do feat of Ingalls. Mrs. Birchall has left Woodstock en route to England. She still believes in her husband's innocence. Chas. Comstock, business manager of the Midland Mercantile Company at Kan sas City, committed suicide. P. S. Stendleenbach, cashier of the C., R. I. & P. freight office at Peoria, 111, is under arrest for embezzlement. The Indian situation is favorable to a peaceful settlement Additional troops have been sent to the Sioux Agency. Dallas County, Texas, gets seven and a half square miles of new territory under the recent settlement of the boundary dis pute between that county and Tarrant Kansas officials killed two horse-thieves in a running fight. The trial of Mrs. McCabe has begun at Matamoras, Mexico. John Crais, a citizen of Indiana, weighs nearly 1,000 pounds. The United States Supreme Court has advanced the Roher original package test case on the docket. The World's Fair commissioners, after settling their old troubles, had a falling out over the matter of salaries. A letter from Asaad Farran, over two years old, has just been published at Bos ton, in which is told the story of cannibalism practised by Jameson just as related by Stanley. Mrs. Lulu Harris of Caddo, I. T., claims to have killed C. E. Harris, instead of her son, who is now under arrest. Patrick Murry, a pardoned convict, has made serious charges of malpractice against Penitentiary Surgeon Adair of Iowa. Gen. J.S. Clarkson, now at Asheville, N. C. is said to favor Alget as the Repub lican candidate in 1892. Henry Ottersburgh was accidentally, shot and killed at Gillespie, III., by his friend, Richard Seuss. The latter has be come insane. A tremendous hail-storm is reported from the mountains of New Mexico, in which several herders and hundreds of sheep were killed. William Fansler, one of the most daring of West Virginia moonshiners, has been captured, after a most exciting chase, and lodged in jail. Five white men hunting in the Cherokee Strip were captured by Indian scouts, who fastened ropes about their necks and then ran them for 50 miles. An Indian agent thinks the richest gold fields in the West are in the Navajo Reser vation. The First National Bank of Alma, Kas, has suspended payment. The fead and sinc output in Southwest Missouri is still satisfactory. Barker Bros. & Co bankers of Phila. delphia, have assigned for $3,000,000. Miss Annie Johnson of Chariton, Io., became a maniac on her wedding day. Toug Yoong & Co., Chinese merchants of San Francisco, have fied with $60,000. After a forced night march the troops have surrounded Pine Ridge Agency. John Keller, a Chicago millionnaire, has been robbed of securities valued at 8100, 000. The Appellate Court at Springfield, III., handed down summer of decisions.
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voice custody or one There dren on the ground of adultery. was no opposition. THE general-assembly of the Knights of Labor adjourned sine die at Denver, the Col., on the 21st. The place for next meeting will be decided by the a mailed vote thirty days previous to date of meeting. AT Webster, Fla., on the 21st Deputy shot Marshal Samuel L'Estrange was and instantly killed by R. E. Buford. The marshal was attempting to arrest laws Buford for violation of the postal in sending threatening letters and postal cards through the mails. MRS. CHARLES A. COOMBES while temporarily insane from illness, jnmped in from a sixth story window of a hotel inBrooklyn, N. Y., on the 22d and was the stantly killed. Mrs. Coombs was wife of the son of the newly-elected York C4ngressman from the Third New district, and was prominent in society. THE extensive silk mills of Bamford Bros., at Paterson. N.J., were destroyed the fire on the 22d, together with Bamresidences by of Joseph and Walter inford adjoining. Loss, $400,000; half sured. MRS. SARAH F. HENSLER, widow of Frederick W. Hensler, late professor of music in the New York institute shoot- for the blind, suicided on the 23d by ing herself. She was fifty-five years old and wealthy. A NUMBER of coal and iron interests conthe Hocking Valley, Ohio, have solidated in under the name of the "United ComHocking Valley Coal and Iron of pany." The authorized capital Balti- the company is $1,500,000. The identimore new & Ohio railroad is closely fied with the deal. ON the 22d the walls of a brick buildin process of erection at Jersey large City, N. ing J., suddenly fell, burying a number of workmen in the ruins. George Italian Barrett was killed and twelve laborers more or less injured. THE run on the Howard Savings confi- Bank Newark, N. J., has abated, depositors at dence being restored. Many have returned their money. THE trial of W. W. Allen, superintendent of mails in the Buffalo postoffice, charged with robbing the States mails, concluded in the United rewas Court at Auburn. N. Y., on the 22d, sulting in a verdict of acquittal. As the day express on the Michigan Central road was nearing Kankakee, conon the 22d, it struck a buggy taining I!!., Daniel Crane and Bert Green, killing them instantly. THE United States Rolling Stock Com- the was on the 22d placed in pany hands of a receiver. The liabilities are at $3,816,000 and the assets failure at placed twice that amount The and nearly precipitated by collections The comdepression was in the market. is one of the largest builders plants of pany cars in the world. It has Annisat railway Hegewich, III., Decatur, Ala., 2,200 Ala., and Urbana, O., employs for men, ton. and pays $600,000 monthly and material. wages W. L. PRETTYMAN, a Chicago banker, the failed, carrying down with him of has Division Lumber Company, which North he was the largest stockholder. bank's liabilities are about $500,000, about The while the lumber company owes two $400,000. The total assets of the concerns are over $700,000. Commercial Bank of Guthrie, the O. THE which is the largest bank in T., has made an assignment The Territory. proprietors haveall left town. of The was caused by the suspension the failure Newton (Kan.) National Bank. Illinois Glass Company's works on THE Ill., were damaged by fire 23d at Alton, to the extent of $100,000; insurance, $58,000. first triennial meeting of of the the THE Council of the women National States will be held in Washing- to 18 inUnited D. C., from February 15 the outclusive. ton, This organization is council of the great international 1888, at come women held in Washington in one which of papers were read by nearly seven difhundred women representing will countries. This convention ferent probably be the largest body of representative women ever assembled. First National Bank of Alma, and THE closed its doors on the 22d failure Kan., into liquidation. The of mortwill go caused by depreciation loaned was which the bank had with small assets. money. gages on Liabilities about $25,000 Erie, Pa., on the 22d Conductor freight AT W. Lannagan t aboard a to go James to ride to the P. & E. depot he was train his regular run, when crushed blown out on from the platform and beneath the wheels. buildings of the Chattanooga Tenn., THE Company at St. Elmo, $40, 000. burned Medical on the 23d, causing a loss of PERSONAL AND POLITICAL. JONES, ex-postmaster of of THOMAS O., a life-long resident John that Cleveland, city and a brother of Senator
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AN EVENTFUL YEAR. Many Things That Happened During 1890. RECORD OF NOTABLE OCCURRENCES. Disastrous Business Failures-Fatal Casualties and Startling Crimes-Leading Political and Social Events-Necrology-Disastrous Fires, Etc. BUSINESS FAILURES. [INVOLVING $300,000 AND OVER, ON BANKS GENERALLY.] Jan. 6-R. Deimel & Co., Chicago furniture dealers: $300,000. Jan. 14-Smith Middlings Purifier Co., Jackson, Mich.: $484,000: Jan. 16-Bank of H. R. Pierson & Son, Albany. N. Y. Jan. 21-State Bank of Irwin, Kan. Jan. 27-John B. Lollande, New Orleans, cotton merchant: $600,000. Feb. 4-Joseph P. Murphy, Phila delphia, manufacturer of cotton and woolen goods: $500.000. Feb. 11-Franklin Woodruff & Co., dealers in fish and salt. New York City; $400,000. Mar. 13-Harrison & Loder, wholesale dry goods, New York City: $350,000. Mar. 19-John F. Plummer & Co., wholesale dry goods, New York City: $1,000,000. Apr. 7-George K. Sistare's Sons, bankers. New York City; $500,000. Apr. 8-Manhattan Bank, Manhattan, Kan. $561,000. Apr. 17-Louis Franke & Co., silk merchants, New York City: $900,000. , Apr. 30-Bank of America and twelve branches, Philadelphia: $700,000. May 1-Fechheimer, Rau & Co., shirt manufacturers, New York City: $400,000. May 13-Plattsburg Bank. Plattsburg, Mo. May 14-J. F. Reynolds, broker, New York City: $300,000. May 19-Public Grain and Stock Exchange. New York City; largest bucket-shop in United States. May 22-Bank of Middle Tennessee. Lebanon, Tenn. May 23-Owego (N. Y.) National Bank. Jun. 20-Park National Bank. Chicago. Jun. 24-Bank of Hartford. Hartford, Wis. Jul. 29-J. E. Tygert & Co., fertilizer manufacturers, Philadelphia, Pa.: $317,000. Aug. 6-State National Bank, Wellington, Kan. Aug. 27-Potter, Lovell & Co., bankers, Boston: $5,000,000. Aug. 29-City National Bank, Hastings, Neb. Sep. 3-Hoxie & Mellor, Wisconsin lumber dealers. $500,000. Sep. 4-Sawyer, Wallace & Co., New York, Louisville and London, commission merchants and brokers: $2,000,000. Sep. 6-National bank at Kingman, Kan. Sep. 17-Gardner. Chase & Co., bankers and brokers. Boston; $2,000,000. Sep. 27-Bank of Madison, Jackson, Tenn.: $200,000. Oct. 4-Fleming Bros., patent medicine firm, Pittsburgh, Pa.: $500,000. Oct. 10-Indianapolis (Ind.) Car Manufacturing Company: $600,000. Oct. -Wallace, Waggoner & Co., wholesale grocers, Houston, Tex.; $300,0000 J. H. Hagerty & Co.'s bank. Aberdeen, S. D.; $230,000. Oct. 16-R. G. Peters' Salt and Lumber Co., Manistee, Mich. $3,000,000. Oct. 31-Leopold Bros., wholesale clothiers, Chicago, $300,000. Nov. 11-Panic in Wall st., N. Y., caused the failure of brokers Decker. Howell & Co. ($10,000.000): C.M. Whitney & Co. ($300.000), and Daniel Richmond ($200,000) John T. Walker & Co., silk importers, of New York City, $900,000. Nov. 14-Kansas City Packing Co., Armourdale, Kan.: $500,000. Nov. 15-Kansas City Packing & Refrigerating Co., Boston: $1,000,000. Mills. Robeson & Smith, brokers. New York City: $350,000. Nov. 18-P. W. Gallaudet & Co., New York City, brokers: $1,000,000. Nov. 20 -Barker Brothers & Co., bankers, Philadelphia; $3,000,000. Nov. 21-Banking firm of Ragsdale & Co., Oklahoma City. O. T. Nov. 22-First National Bank of Alma, Kan. Bank of Waverly, Waverly, Kan. Nov. 24-Edward Brandon, New York broker: $1,500,000. Thomas Fawcett & Co., extensive coal dealers. Pittsburgh. Pa.: $400,000. Nov. 25-Thomas H. Allen & Co., cotton commission firm. Memphis, Tenn.: $750,000. Nov. 27-H. H. Bell, banker, Duluth, Minn.; $750,000. Nov. 28-B. K. Jamison & Co., bankers and bro kers, Philadelphia: $1,000,000. Dec. 3-Rittenhouse Manufacturing Co., Passaie, N.J.: $800,000. Dec. 5-V. & A. Meyer, cotton dealers, New Orleans: $2,500,000. Delameter & Co., Meadville. Pa., bankers; $400,000 Chicago Safe & Lock Co.: $700,000. Dec. 8-Roberts, Cushman & Co., dealers in bolters' materials, of New York City, $500,000. Dec. 9-American National Bank, Arkansas City. Kan Nightingale Bros. & Knight, silk manufacturers, Paterson, N. J.; $400,000 Whitten, Burdett & Young, Boston, wholesale clothiers: $700,000. Kendriol Bettug
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SENSATIONAL SUIT. Wealthy Ohioans Charged with a Bold Swindling Game. Special Dispatch to the Intelligeneer. COLUMBUS, O., June 29.-A sensational suit was filed in the United States Court to-day by the First National Bank of Alma, Kansas, against David H. Moore and Augustus Norton, two wealthy men of Athens, Ohio. They are charged with representing the First National Bank of Athens in fraudulent transactions. The orator charges that the defendants induced the president and cashier of the Alma bank to issue certificates of deposites in the bank with their signatures appended, and afterward peddled the same over the country, making large gains, and also that Moore secured $23,244 51 worth of notes by threats to expose the insolvency of the bank, and refuses to return the same to a receiver. The plaintiffs ask that the notes be declared void, and that they be enjoined from collecting them. zab
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STOCKHOLDERS SUED FOR ASSESSMENTS Receiver of Insolvent Alma. Kansas Bank Brings Action in United States Circuit Court Representing George C. Rankin, receiver of the First National Bank of Alma, Kansas, Andrew C. Gray brought suit in the United States Circuit Court yesterday against Charles R. Miller and James Bailey, the executors of the estate of Robert H. Miller, deceased, Charles R. Miller and James Bailey, trustees under the will of Robert H. Miller, deceased, and the Equitable Guarantee and Trust Company, their surety, and Wilmer W. Miller, Annie M. Bailey, Elizabeth M. Bailey, Charles R. Miller and R. Miller Bailey. At the same time suits at law were entered on behalf of the same receiver against Anna M. Bailey and Joseph H. Bailey. It was set forth in the bill that Rob ert H. Miller was the owner of 150 shares of the stock of the bank. On November 21, 1900, the bank was declared insolvent and Rankin was appointed receiver. The comptroller of the currency ordered an assessment of $44 per share upon th stockholders of the bank for the purpose of paying its debts. and this not being sufficient, a second assessment of $14.60 per share was levied. It is asked that the people named be required to pay the second assessment and that they be restrained from disposing of any of the property until the case can be heard. It is probably the first case of the kind ever brought here.
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IMPORTANT LAW SUIT. Lawvers 10 this city are interestedin|the suit. sentered yesterday by Andrew C. Gray in the case of George C. Rankin. receiver of the First National Bank ot Alma, Kansas. vs. Charles R. Miller and James Bailey, the executors of the estate of Robert H. Miller. deceas. ed, Charles R. Miller and James Bailey. trustees under the will of Robert H. Miller. deceased, and the Equitable Guarantee & Trust Company. their surety. and Wilmer W. Miller, Annie M. Bailey, Elizabeth M. Bailey, Charles R. Miller and R. Miller Bailev. At the same time suits at law were entered on the same receiver against Anna M. Bailey and Joseph H. Bailey. The bill sets torth that Robert H. Miller was the owner of 150 shares of the stock of the First National Bank of Alma, Kansas. On November 21. 1900, the bank was declared insolvent and Rankir. was appointed receiver. The comp troller of the currency ordered an assessment of $14 per share upon the stockholders of the bank for the purpose of paying its debts and this not being aufficient a second assessment ot $14.60 per share was levied, It is asked that the people named, all of whom are interested in the estate, be required to pay this second assessment ordered by direction of the Comptroller of the Currency with interest from December 22, 1900, and that they be restrained from disposing of any of the moneys or other property belonging to the estate until the casecan be heard and the amount paid. So far as attorneys remember this is the first case of the kind which has been filed in Delaware for many years, if not the first case ever to be filed. It IS brought under the law passed by Congress that provides that the holder of national bank stock is not only responsible to the amount equal to the par value of his stock in addition. In this case the capital of the bank was, of course lost in the failure, and in addition the comptroller ordered two assessments upon the stockholders, one for $44 and the other for $14.60 per share. It is not known what the defense will be as the case was only filed and service secured yesterday, and there is still considerable time in which to file the defense. It will be watched with considerable interest by those who are interested in banks and banking.
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AN IMPORTANT DECISION Equitable Company Cannot be Made a Party to Suit. Judge Edward G. Bradford in the United States Circuit Count yesterday afternoon handed down an opinion in the case of George C. Rankin, receiver of the First National Bank of Alma, Kan., vs. Charles R. Miller and James Bally executors of the estate of Robert H. Miller deceased, and trustces under his will. and the Equitable Guarantee and Trust Company as surety for the trustees of the estate and others. Miller owned bank stock in the First National Bank of Alma, Kansas, which failed and under the law the receiver claimed that the estate must pay an amount equal to the value of the stock. The opinion holds that the Equitable Company can not be made a party to the suit and the complainants were given permission to amend their bill by leaving the Equitable Guarantee and Trust Company out of the bill by the first Monday in July. If this is not done then the bill wt.l be dismissed without prejudice to the case.
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BANK RECEIVER AFTER STOCK PAYMENTS The final hearing in the case of George C. Rankin VS. Charles R. Miller, of this city, began before Judge Bradford in the United States Court this morning. Saulsbury, Ponder and Morris appear for Mr. Miller and Ward, Gray and Neary for the plaintiff. Mr. Rankin as receiver for the First National Bank, of Alma, Kansas, brought action against Mr. Miller, as executor of the estate of the late Robert H. Miller, to recover on subscriptions to stock of that bank.
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EXECUTORS MUST PAY ASSESSMENT in an opinion banded down by Judge Edward G. Bradford in the United States Court yesterday afteracon. in the case of George C. Rankin, of Illinois, receiver of the First National Bank of Alma, Kan., against Charles R. Miller and James Baily as executors, of this city, to recover $3,832.50 representing an assessment on bank stock? made under the provisions of the United States Statute the defendants are required the pay the amount named. The statute en which the opinion Is based provides that share-holders of every national banking association shall be individually responsible for the delits of the bank to the extent of the amount of their stock at the par value thereof, in addition to the amount invested in such stock, and in case of a deceased stockholder. the estate shall be liable in like manner. The opinion is the result of a suit in equity brough by Mr. Rankin against Governor Miller and Mr. Baily, executors of Robert H. Miller, deceased. and trustees under his will. the Equitable Guarantee and Trust Company, Annie M. Baily, Elizabeth M. Baily and Charles R. Miller, and Wilmer W. Baily and R. Miller Bally non-residents of Delaware, for the purpose of collecting the amount of an assessment made by the comptroller of currency upon certain shares of the capital stock of the Alma Bank held and owned by the decedent at the time of his death. It is claimed that Miller, the decedent. acquired on October 20, 1888, 150 shares of the capital stock of the Alma Bank, each of the par value of $100. Under his will letters testamentary were granted to Charles R. Miller and James Baily on December 22. 1890. The inventory filed specifically included the 150 shares of stock at a valuation of only onetenth of their par value. Judge Bradford, in his opinion. exhaustively considers sections 5151 And 5152. of the United States revised statutes, on which the suit is based and also the many authorities bearing on the questions. He finds that it is well settled that the comptroller of the currency has power to appoint a receiver for. an insolvent national bank and call for a ratable assessment upon stockholders without a previous judicial ascertainment of the necessity for such action, the amount his of and such that assessment judgment and and when decision payable, on these questions is conclusive upon the stockholders and cannot be questioned in a suit against a stockholders to collect the amount of an assessment. The suit does not involve Mr. Miller in his official capacity as Governor of Delaware, but merely as an executor of the estate,
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FILES SUPPLEMENTAL BILL. Federal Judge Edward G. Bradford this morning heard a motion of John F. Neary, counsel for George C. Rankin, receiver of the First National Bank of Alma, Kansas, to name Charles A. Korbly as receiver. Mr. Korbly succeeded Scott Nesbit, who succeeded Mr. Rankin. Mr. Rankin, as received of the bank, brought suit several years ago against Governor Charles R. Miller and James Bailey, executors of Robert H. Miller, and others. This morning permission was granted Mr. Neary to file a supplemental bill, which he did. Hugh M. Morris, counsel for Mr. Miller, was allowed two days' notice to file a bill asking for a dismissal of the bill.