Stafford National Bank (Stafford Springs, CT)

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The Ruined Connecticut Bank

THE DEFICIT GROWS BIGGER AND BIGGER. STAFFORD SPRINGS, Conn., October 13.-Excitement over the downfail or the Stafford Springs National Bank continues to run very high. U.S. National Bank Examiner Forman has been here this morning. and sald that the shortage grows bigger and bigger.

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Hicks's Defalcation Growing

STAFFORD SPRINGS, Conn., Oct. 13.-Excitement over the downfall of the Stafford Springs National Bank continues to run very high, United States National Bank Examiner Forman says the shortage grows bigger and bigger. The latest investigation, he says, reveals the fact that the deficit is $84,000. but there is no doubt that it is in excess of that amount. Aside from the above, the bad debts amount to's75,000 in addition to what is recorded in the books in the way of notes, making an aggregate of over $159,000.

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EXCITEMENT AT STAFFORD SPRINGS

STAFFORD SPRINGS, Conn., Oct. 13.-The excitement over the downfall of the Stafford Springs National States Bank Bank continues to run high. Examiner Forman has been here this morning and said that the shortage grows bigger and bigger. The latest Investigation, he said, made the deficit $84,000, but there was no doubt that it was more than that. The bad debts amounted to $70,000 in addition to what was recorded In the books in the way of notes, making an aggregate of $159,000.

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A HEAVY DEFICIT

Shecking State of Affairs of the Stafford Springs Bank. STAFFORD SPRINGS, Conn., October 13.-The excitement over the downfall of the Stafford Springs National Bank continues to run high. United States National Bank Examiner Forman says that the shortage grows bigger and bigger. The latest investigation reveals the fact that the deficit is $80,000, but there is no doubt that it is in excess of that amount. Aside from the above the bad debts amount to $75,000 in addition to what is recorded in the books, making an aggregate of 1 over $159,000.

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The Stafford Defalcation

STAFFORD SPRINGS, CONN., October 13. - Excitement over the downfall of the Stafford Springs National Bank continues to run very high. United States National Bank Examiner Forman says that the shortage grows bigger and bigger. The latest investigation, he said, reveals the fact that the deficit is $84,000, but there is no doubt it is in excess of that. Aside from the above the bad debts amount to $75,000, in addition to what is recorded in the books in the way of notes, making an aggregate of over $159,000.

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The Staffords Springs Bank Failure

STAFFORDS SPRINGS, CONN., Oct. 13.Excitement over the downfall of the Staffords Springs National Bank continues to run high. Bank Examiner Farman says the shortage grows larger. The latest investigation, he says, reveals the fact that the deficit is $84,000, but there is no doubt it is in excess of that amount. Aside from the above, the bad debts amount to $75,000 in addition to what is recorded in the books in the way of notes, making a total of over $150,000.

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A QUARTER OF A MILLION GONE

Both the Stafford Banks Ruined by Cashier Hicks' Defalcation. The defalcation of Richard S. Hicks, cashier of the Stafford National Bank, at Stafford, Conn., has created a decided sensation in that State, says a New Haven dispatch to the Philadelphia Press. Messrs. Foreman and Cooley, the National Bank examiners, say that the shortage will reach $250,000. Both the Stafford National Bank and the Stafford Savings Bank have suspende i, having been wrecked by Hicks. The Savings Bank held $69,000 of the National Bank stock, which had a capital of $200,000. An excited crowd of angry depositors hung about the closed doors of the two banks all day yesterday. One young man had deposited $7,000 in the Savings Bank, It having been bequeathed to him, and he was there bemoaning his loss. Poor women walled over the quick consumption of their little wealth. Workmen at the mills threatened to treat Hicks in a manner that would not leave him able to be tried. Their savings of years had been swallowed up. District Attorney Lewis E. Stanton said: "When charged with being a defaulter Hicks emphatically denied the allegation, but when the actual accounts of the New York, Boston and Springfield banks were produced yesterday he confessed to the defalcation." YEARS OF CONTINUED FRAUD. The false entries on the books and the pecultar way draft stubs had been handled lately were a surprise to all who had a hand in the examination. In many cases the stubs do not correspond with the drafts, and in each case the draft was for much more than indicated on the stub. The printed numbers on the drafts were frequently erased and other numbers written in, and the order or draft numbers was disarranged. Within a few days Hicks had put in as assets of the bank two checks of the Vermont Lumber Co., drawn on a Springfield bank, amounting to $50,000. These are worthless. Hicks had considerable me ney sunk in the lumber company, which has gone under. Hicks is now said to have been the principal owner of the concern. His confession in regard to the lumber company is that some years ago the bank was found to be possessed of a bad debt and took a large tract or timber land in Vermont. It was not thought safe to hold the land, so he says he offered to relieve the bank by buying the tract. The Vermont Lumber Co. was organized, or which Hicks was chief owner, and other tracts were bought. A mill was built and operations began. Loveless, Farr & Co., then having an office to Springfield, Mass., were the company's selling agents. Hicks expected to clear the land at a profit of $50,000, but it proved to be a poor investment. It is now proven that it is but a repetition of the old story of speculation and the use of the bank's funds to aid in repairing the losses. OTHER CROOKED TRANSACTIONS. He has had large dealings with T. H. Brady, a New York cotton broker, and has sent him drafts to the amount of $74,091, as now appears by the books. His Irregular transactions have been going on since 1872, when he took his position as cashier of the bank. Many wonder why he did not flee to Canada before the development took place. It is likely that he was putting the matter off, hoping that before his transactions would be made public he could make enough by speculation to cover his embezziements. It has also been discovered that Hicks has been issuing certificates of depo-it at 4 per cent interest. The examiners found $46,000 in these certificates, all held by residents of Stafford, Tolland, and adjoining towns, some of the certificates being for very small amounts. This is all lost. If a stranger had asked the people of Stafford Springs Tuesday afternoon who was the most public-spirited man in the borough three out of four would have an-wered R. S. Hicks. He seemed to be the person who united the triendship of the young men with the confidence of the older business men. His push and drive in developing the place had given him such a hold on the community that the mere fact that his name was connected with an enterprise was enough to insure its being taken up by scores of people. The roads on the terrace, the water company, the agricultural assoclation were but a few of the enterprises in which he was the leading spirit, and many of the principal blocks in the town were owned by him. He had laid the foundation for a new block opposite the bank which he ruined that was to be the handsomest building in town, and was to contain a hall for entertainments and for the gatherings of the young men of the village. He organized an electric light company for the village and a charter was obtained from the last legislature. He is about thirty-eight years of age, is a native of Tolland, and began his career as a banker as a clerk in the Tolland Bank.

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Growing Bigger

STAFFORD SPRINGS, Conn., Oct. 13.-- The excitement over the downfall of the Stafford Springs National bank continues to run very high. United States National Bank Examiner Forman says the shortage grows bigger and bigger. The latest investigation, he said, reveals the facts that the deficit is $84,000, but there is no doubt that it is in excess of that amount. Aside from the above, the bank deposits amount to $75,000. in addition to what is recorded in the books in the way of notes, making an aggregate of over $159,000.

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A Heavy Shortage

STAFFORD SPRINGS, Conn., Oct. 13.Excitement over the downfall of the Stafford Springs National bank continues to run very high. United States National Bank Examiner Forman says that the shortage grows bigger and bigger. The latest investigation, he said, reveals the fact that the deficit is $84,000; but there is no doubt that it is in excess of that amount. Aside from the above the bad debts amount to $75,000, in additon to what is recorded in the books in the way of notes.cmaking an aggregate of over $159,000.

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The Shortage Growing Bigger

STAFFORD SPRINGS, Conn., October 13.The excitement over the downfall of the Stafford Springs National Bank continues to run high. United States National Bank Examiner Forman says the shortage grows bigger and bigger. The latestinvestigation, he said. reveals the fact that the deficite are $80,000, but there is no doubt it is in excess of that amount. Aside from the above, the bad debts amount to $95,000, in addition to what is recorded in the books in the way of notes, make an aggregate of over $159,000.

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RECEIVER APPOINTED

-The Controller of the Currency yesterday appointed Chas. M. Joslyn to be receiver of the Stafford National Bank of Stafford Springs, Conn.

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Charles W

Joslyn has been appointed receiver of the Stafford National Bank at Stafford Springs, Connecticut.

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THE STAFFORD BANK WRECK

Charles MI. Joslyn of Hartford Made Receiver. WASHINGTON, Oct. 17.-The comptroller of the currency to-day appointed Charles M. Joslyn of Hartford, Conu., to be receiver of the Stafford National bank of Stafford Springs, Conn.

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the United States note a continuance of the check to the distribution of general merchandise first reported. The capital of the Pullman Palace Car company, already at the enormous total of $15,920,000 has been increased 25 per cent. making the aggregate amount in round numbers nearly twenty million dol. lars. A telegram was received at the marine hospital bureau from Dr. Joseph Y. Porter, president of the Key West board of health, announcing his arrival at Tampa, Fla., and saying: I have seen cases indiscriminately. The disease is undoubtedly yellow fever, presenting the characteristic tests of albumen, irritable stomach and black vomit. Excitement over the downfall of the Stafford Springs, Conn., National bank continues to run very high. National Bank Examiner Forman says that the shortage grows bigger and bigger. The latest investigation, he said, reveals the fact that the deficit is $84,000; but there is no doubt that it is in excess of that amount. Aside from the above the bad bebts amount to $75,000 in addition to what is recorded in the books in the way of notes, making an aggregate of over $159,000. United States District Attorney Walker at New York, decided that the case of Rev. E. Walpole Warren, recently called from England to the rectorship of the Church of the Holy Trinity comes under the contract labor law, and that he will be forced to commence suit against the vestry and wardens of the churches. The district attorney says it is plain that the law does not refer merely to manual labor only, for it expressly exempts "professional actors, artists, lecturers and singers," and as Rev. Warren is neither of these he falls plainly within the law.

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The value of any cereal for feeding or fattening purposes is determined, as I understand it, by the amount of carbohydrates and albuminoids which it contains, and I would respectfully call your attention to the advantage of the black barley in this particular." This black barley is hulless, and Mr. Stickney is of opinion "would be an excellent substitute for corn in feeding cattle and hogs." And he adds: "If all that is claimed for it can be realized, its general introduction in this state would be very advantageous." Mr. Stickney has sent for some of the seed to experiment with it on his own farm. Among the advantages that may be claimed for it is that it is a much surer crop than corn, especially in the northern sections of this state and Dakota; that it is exceedingly prolific and that it is more nutritious than corn. If it proves to be all these, as claimed, it will give those northern latitudes a decided advantage over the corn belt as a stock-raising country. It has some advantages now, but this would be decisive.

EXCITEMENT OVER BANK DOWNFALL

Excitement over the downfall of the Stafford Springs, Conn., National bank continues to run very high. National Bank Examiner Forman says that the shortage grows bigger and bigger. The latest investigation, he said, reveals the fact that the deficit is $84,000; but there is no doubt that it is in excess of that amount. Aside from the above the bad debts amount to $75,000 in addition to what is recorded in the books in the way of notes, making an aggregate of over $159,000.

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Stafford Springs, Conn., Oct. 13.-The excitement over the downfall of the Stafford Springs National bank continues to run very high. United States National Bank Examiner Ferman says the shortage grows bigger ane bigger. The latest investigation, he said reveals the fact that the deficit is $80,000, but there is no doubt it is in excess of that amount. Aside from the above, the bad debts amount to $75,000 in addition to what is recorded in the books and notes, making an aggregate of over $179,000.

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in the McKenzie government, opposition, and finance prominent leader of the union at e now spoken a in favor of commercial if a fair has Ontario. He said that unrestricted Ingersoll, reasonable measure of could be and with the United States interests of obtained, reciprocity it would be for the best the people of Canada. h government has received the brief filed by the Court The of Dominion District American copy in the United States demurrer counsel in reply to Mr. Drake's seized in at Sitka, behalf of the sealing vessels A. P. on sea. In the case of decision the Behring's an appeal from the to the of Hayward, district court has been taken Supreme the Court of the United States. The Republican National League following has been in Washington with the E. Beale; organized President, General Edward H. A. officers : presidents, W. W. Danenhower. Cragin vice Fred. Douglass, Ex-Senator the Rev. Willard, Colonel W. A. Cook; chaplain, and John P. Newman recording secretary, Colonel Dr. B. Fox ; corresponding secretary, J. E. Thomas W. Gardner treasurer, Captain to Howell. A committee was appointed such ReH. club-house and to invite desirasecure a as they thought would be the club publicans become members. It is said Union will ble to be framed after the style of the League Club, of New York. dispatch from Vincennes, Ind., in South- says A 3,000 miners are on a strike in the 2,500 Indiana, to and 1,000 or more are out will not ern Davies-county coal mines. They the comlisten to any compromise, and determined. it is stated are equally Federation. President panies, Fisher, of the Miners' effect out a manifesto yesterday to the living sent wages have been forced below them that and they are going to force here up. is rates "The cost of production districts. small He says compared with other mining per Mining is from forty-five to sixty cents $1 a day's labor from ninety cents to per of ton, and the men paid in most part out all day, company's stores. We appeal to the miners all over Indiana to come to the rescue and help on the fight." Judge Patterson, in New York, National has dethat the city owes the Tenth court-house cided Bank $358,849 loaned to the and commission in 1871. Tweed. Ingerso¹ Connelly were directors in the bank, actions and of claimed that the fraudulent these was men. who were also commissioners, good proved that the loans were not made in The judge holds that the president of faith. the bank was honorable in all his dealings with the commission. An accommodation train on the Missouri station railroad was run into at a train. Pacific Independence, Mo., by an express of the near A woman standing on the platform three station was killed by flying debris, and on the train were severely injured. persons others suffered slight injuries by collision trying to Many break through the windows. The caused by the failure of the dispatcher the acto was notify the express conductor that commodation had preceded him. One more body, making seven in all, and has found in the ruins of the chapel connected with the which Ohio near Cleveland, the laundry Insane been Asylum, Northern thought O., all burned recently. It is injured were inmates will recover. Three escaped patients were captured, and only two are now unaccounted for. The schooner Thomas L. Tarr, that sailed with from Gloucester, Mass., on August 19, a crew of fourteen men, has been given up lost, with all on board. She was last seen at for anchor September 3, the day of the disas- has trous hurricane on the banks, and neither been seen nor heard from since. A building in Chicago occupied as a planmill and furniture factory by Allen & Bartlett, ing John Balkwill and John F. Arndt has been burned. Loss, $38,000. in Machias, Me., mills A Holway, fire destroyed Holway the Sullivan & Co., & Perry, and and of the Rock Mill, owned by Holway others, causing a loss of $35,000. The Boston and Maine freight depot at New Market, N. H. has been burned. Loss, about $35,000. prairie fire was started by a threshing near Lake Benton, At it was spreading and last machine, A accounts several rapidly, Minn. farm had consumed much grain and houses. The steamer Britannia has arrived at Halifax from London to transfer the Direct to Cable Company's plant from Torbay e Halifax and land the shore end there. e The deficit in the accounts of the National 1 Bank of Stafford Springs, Conn., accordt to an estimate by the bank examiner, the Aside from the e I amounted to $70,000, in reached bad ing debts $84,000. above, addition the i to what is recorded in the books in way I of notes, making an aggregate of over c $159,000. The comptroller of the currency I that he did not expect to receive a ret in the case of the Stafford for he c but from what he port says several days, knew Bank o was satisfied that the depositors will sustain no loss. t t The Cleveland Drug Company, of Clevec land, O., has made an assignment. Liabilities, $50,000; assets, $60,000. o The Secretary of the Treasury has under f consideration a proposition to exbanks in G favorable tend to depository Boston, Philan delphia and other large cities the privilege t. recently granted such banks in New York 110 a of holding public funds to the amount of f per cent. of the bond deposits and increase S the maximum amount so held to $1,100,000. C A few New York banks have already signiG fied their purpose of depositing bonds suffin cient to secure the sum mentioned. al ca General Sheridan has reached St. Paul, he at once went to Fort Snelling, where si into the proposed will nd inquire enlargement companies of the post. There are now four H nd a battery of artillery at the post, and

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GENERAL NEWS NOTES.

The Democrats of Charleston, S. C., have nominated Captain George D. Bryan for Mayor.

There were three new cases of yellow fever in Tampa, Fla., yesterday, and one death. Thirty-five cases are under treatment.

James Fox, comedian, for many years connected with Harrigan and Hart's Company, died of catarrhal pneumonia at his residence in Amsterdam, N. Y., Saturday.

The fine summer residence of John J. Campbell, a retired New York merchant, at Ocean Point, L. I., was burned Friday night. The family were rescued from the second story windows. Loss, $45,000.

Receiver Joslyn of the Stafford (Conn.) National Bank reports that Cashier Hicks completely wrecked the bank. Its capital of $200,000 and surplus of $24,000 are wiped out, with the exception of $8,395 balance.

Paul Cassamajor, corresponding secretary of the American Chemical Society, and one of the best-known chemists in this country, was taken suddenly ill at the Brooklyn end of the East river bridge Saturday, and died before an ambulance could be summoned.

Ex-State Treasurer Vincent of Alabama, who was recently convicted on two indictments for embezzlement of State funds in 1883, was convicted at Montgomery Saturday on a third indictment, and was sentenced on the three indictments to fifteen years in the penitentiary.

A special from Newport, R. I., says: "It is learned from sources of entire reliability that a movement is under way for the transfer of the War College to Annapolis and the Naval Training Station to New London. The subject will be brought up in Congress early in the session, and a desperate fight is to be made."

Geo. Haywood Carpenter, president and treasurer of the Brookside Knitting Company of New York, and late president and treasurer of the Washburne Salicilyca Manufacturing Company, and who was connected with various other enterprises, is reported to have left New York with many debts unpaid. Charges of forgery are also made. Carpenter is a lawyer, 26 years of age, and went to New York from Columbus, Ohio.

A young man named Bickell, a clerk in the Union National Bank of Duluth, Minn., was arrested in Chicago Friday, on his way East, charged with having stolen $24,500 from the bank, abstracted from the vault on September 16. He said he went into the vault and got the money while the cashier was reading the newspaper and hid it in the ground, where it remained until Wednesday, when he started East with it. Detectives had been watching him, and arrested him in Chicago.

The Harvard football team beat the Princetons at Boston for the first time since 1882, the score being 12 to 0. The victory was won by a substitute 11, the captain and best player of which was utterly disabled during the game. In a fierce rush a Princeton man leaped into the air and struck both knees on the breast of Holden, the Harvard captain, who had the ball. Holden had to be carried to the hospital. It is thought several ribs are broken and that he may be hurt internally.

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COMPLETELY WRECKED

The Stafford Bank-The Capital Wholly Wiped Out. Colonel Charles M. Joslyn, receiver of the Stafford National bank, met the stockholders, depositors and others interested in the bank at Stafford Springs Saturday forenoon. He gave them his finding in the condition of the bank at the date of suspension. The statement showed assets of $310,021.90 and liabilities of $301,626.14, and shows a balance for the stockholders of $8,395.76, to which may be added what may be realized on the cashier's bond of $15,000 and whatever his property may yield. The capital stock was reported on the books $200,000, the surplus account $24,000, and the profit and loss $631.31,making $224,631.31. By the receiver's account, of this sum of nearly $225,000, there is left for the stockholders $8,400 and what is recovered on the cashier's bond, etc. And there must be deducted from this the cost of winding up. Of the loss of nearly $200,000, nearly $100,000 is represented by losses through Hicks and $50,000 through the Vermont Lumber company. The remainder was made up by sundry bad investments. In the list of assets the receiver cuts down the bills receivable to the amount of $85,000. The check account, $17,000,represents checks of the Vermont Lumber company, of which Hicks was treasurer, and which were carried as cash and are worthless. The overdraft, $17,934.61, estimated as worth only $1,636.65, are chiefly overdrafts by Hicks, amounting to over $15,000. The books showed due from other banks $63,963.37, but the receiver found due from other banks $17,520.17. These erroneous entries were detected by the United States bank examiner, and led to the discovery of the defalcation.

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Helm's dry goods customers are being presented with a neat illustrated wall cal endar in colors, furnished by The Press of fice. The Salvation army will hold special meetings Dec. 24th and 25th, in Borough hall. On Monday, 26th, there will be great jubilee meetings all day in Oronoco hall. At 11 a m., 3 m., p. m. Welsh and German solos will be sung by the sweet singers of Israel who will be there. CAPTAIN ATKINS Yours truly, Joseph Allen and wife have been of flieted in the death, by consumption, on the 14th inst., of their youngest son, Clinton J., a lad of 19, of whom many good things are said. The parents desire through The Press to thank neighbors for kind offices, also the singers and those who trimmed the grave for the buSome of the best beef seen in this vil. lage in a long time is now hanging in Armstrong's Central morket in Warren's block. They are the carcasses of a pair fatted by W. R. Davis, and the dressed weight of the best one was 1400 pounds. At the meeting of the Stafford Nation al bank stockholders held last Friday over two thirds of its stock was represented, it was voted unanimously, by a yea and nay vote that W. M. Corbin of Hartford L. E. Moore of Palmer, J. Hunt Smith of Norwich and E. C. Pinney and Julius Converse of Stafford be a committee "to formulute and carry into execution plans whereby the bank may be reorganized upon such basis as will in their judgement provide for the payment of all liabilities of the bank, and release it from its receiver ship, enable it to resume business and realize through such reorganization the greatest amount from the assets and claims of such bank. "That such committee be requested to confer personally with all shareholders, and secure if possible their unanimous consent to such a plan. An. other meeting will be held to-morrow, Dec. 23d. -The reorganized Stafford National bank will start with capital of $50,000. the proposed plan becarried out that this be paid in in full, and the assets and liabilities of the old bank be assumed -the new stock is likely to command a very re spectable premium. Christmas festivities at Grace church will begin with the children's festival on Saturday evening at 6. There will bean elocution service and singing before the ap. pearance of Sauta Claus. Christmas day morning prayer at 10:45. Subject of ser""The Christ Child. At m. there will be a children s'service with bap. tism reveuing prayer at 7, subject of ser The Name of Jesus. Offertory three services. It was Daniel, instead of M. P. Hauley, of Staffordville, to whom the large party from Stafford Springs made the surprise visit recently, and premented all easy chair Mr. H. was recently married, and the size of the party, considering the distance of the journey indicated a considerable circle of friends. The 'D. O. H. Lodge advertise dance for next Monday eveuing, 26th, iu the hall ou West. Maiu-at the old school house. Tickets of admission 25 cents. MASONIC.-Ionie Lodge, No. 110, held its annual meeting on Friday evening last, and elected the following officers for the David H. S. Abel, W. M eusuing year J Bissett, S. W. T. C. Tiffany, J. W M. Lord, treasurer A. J. Turner, secre tury Geo. W. Eaton, S. D. Chas. But terfield, J D. Henry O. Butterfield, S. S. D. H. Parson, J. S. J. W. Dimock, organist A. N. Nichols, chaplain Carl Converse marshal Emory Pierce, tiler A. C. Eaton, A. Close, J V Squier finance committee. Wolcott Lodge, b No. 60, holds its annual on Saturday evening Orient Chapter, R A M meets on Wednesday evening next. 9 Mesers. Arthur Keith and Joseph Brennan of this village attended the recent Gallandet jubilee at Boston, the annual meeting of Stafford Grange, No. 55, held at the town house Tuesday evening, officers were chosen as follows Master, D. J. Glazier overseer G. F. Phillips ; lecturer, J. M. Larned treasurer, James Risley secretary, H. A Glazier steward, J. W Witt assistant steward, Myron I. Cady lady assistant steward, Mrs. Myron I. Cady chaplain, J. W. Chandler gate keeper, Jacob Glover Ceres, Mrs. D. J. Glazier Po mona, Mrs. J. W. Witt Flora, Mrs. Mary Weston. The next meeting will be held on Tuesday evening, Jan. 3d. The grange is expecting to arrange to use Masonic Hall, Stafford Hollow. for future meetings, There are now a number of candidates awaiting initiation, and the grange is like ly to have lively work in the making of grangers during the winter evenings. The farmers of Stafford will promote their own interests by strengthening and sustaining this farmer's co-operative association, the object of which is to foster the interests of agriculturists. The N. L. N. railroad advertises holiday excursion rates- fare for round trip tickets to any point on the road. Tickets sold at any station. Christmas tickets are good to go Dec. 24th and 26th to return until Dec. 27th. New Years tickets good to go Dec. 31st and Jan. 2d to return un Jan. 3d. The Orouttville Sunday school of which T. G. Hodgson is superintendent will have in connection with their exer cises and Christmas tree on Saturday even ing, a Christmas cantata. -The public library will be closed on Saturday at 6 p. m. We give below cast of characters for 'The Mouse Trap, to be presented at Grace church vestry Tuesday evening, Dec. 27th Miss G. M. Chamberlin, Mrs. Somers, Rose Beckwith. Mrs. Bemis, Crosskill. Mrs. Roberts, Mrs. Miller, Fanny Bliss, Chamberlin. Mrs. Cureven, Jane. Rose Beokwith Dr. F. L. Smith. Mr. Campbell, hoped that selections in reading will be given by a professional elocutionist in addition to the above. In any case we can safely promise a delightful evening's entertainment to all who attend, The ad-

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Colonel Charles M

Joslyn, receiver of the Stafford National Bank, has returned from Washington, where he arranged for the first payment of the first dividend of 50 per cent. to the creditors of the bank. The claims against the bank at the time of its failure were about 301,000, or, deducting the circulation, $256,000. Then there were various offsets by notes due from depositors, and the estimate of liabilities made at the time of the inventory has been found to be within $1,100 of the proven claims-$47,436.28. The first dividend, 50 per cent., calls for $123,718.14, and checks for the money were forwarded by Colonel Joslyn last Saturday and Monday. A dividend within three months after suspension is prompt work, and Colonel Joslyn is satisfied that he can make another of 25 per cent. by April 1, and that within a few months thereafter he will be able to make a final dividend of equal amount, thus giving the creditors dollar for dollar of their claims. Fortunately for the stockholders, this will be done without calling upon them for any assessment, and it is possible that, although the capital stock is practi cally wiped out, something may be left to them. But it will be 80 little that it will amount to nothing as against their losses. - -.Hartford Times.

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HOME NEWS Local Notices

(u atter as ler this head eight cents per line.) a Don't forget that we can give you Child's Overcoat for $1 75. or a Man's Overcoat for $2.50. H. S. Abel. -Full line of Boots and Shoes suited to the-season and to everybody's needs, at O. J. Gaynor's. Blank forms for wills, mortgages and deeds, also all kinds of legal blanks kept at The Press office. Regular meetings of Winter Post, on the 1st and 3d Monday evenings of each month. -Ladies, examine those Rubbers at 25c. a pair, at Maine's. -Broken lot of 30 pair Dearborn & Shaw's celebrated fine Curacoa Kid Shoes, marked down to $1.97, to clear out, former prices $3 to $3.50, at Maine's Gent's Shoe Blacking 1c. per box at Maine's. Rent receipts, made up in books of 50 or 100, with stubs for memoranda, for sale at The Press office. -Legal Blanks at The Press office. Tickets to all points west for sale at the office of the N. L. N. R. R., Stafford Springs. J. V. Squier, agent. OVERCOATES DAMAGED BY WATER Hurt only in looks, and not bad at that Customers may have the benefit of it! Call at Leach's Central Clothing House and see about it. Nice Quinces for canning at Johnson's. Black Silks, Velvets, Plushes, Henrietta Clothes, Cashmeres, Serges, and other black dress goods A. W. Walker's. -3 bars good Soap for 10c. at Johnson's. -Special bargains in Ladies' and Children's Winter Garments at A. W. Walker's. -Hard wood Tooth Picks 5c. per box at Johnson's. -Ladies Fall Jackets only $2.50 each at A. W. Walker's -One pound good Black Tea and Lunch Basket only 50 ets., at Johnson's E-A sure cure for corns and bunions are those Ladies' Gypsy Cut Shoes, for $2, $2 25 and $3.50, at Hanley's. -Always ahead in quality of goods, and always the lowest in prices, at Hanley's Call and see for yourselves -Extra bargains in Kid Gloves at A. W. Walker's. -Large line of Fall and Winter Dress Goods at A. W. Walker's. STAFFORD. Col. C. M. Joslyn, receiver of the Staf ford National Bank, has realized upon the assets, and has deposited with the controller's office in Washington, an amount sufficient to make the final payment of the claim of each depositor and creditor of the bank, with interest during time since the saspensión. It is a creditable piece of work, to have within the year 80 success fully accomplished the duties of his ap. pointment, and our business men and the press of the state are warmly commending Col. Joslyn for it. With the payment of these claims the duties of the receiver will be ended. The next step will be the call ing of a meeting of the stockholders by the controller, at which the affairs of the bank and the remaining assets will be turned over to them. This meeting will choose an agent to further realize on assets and to divide among the stockholders whatever may be saved. It'is considered possible and not improbable, that 10 per cent. may be saved of the capital stock, The stockholders would do well to make Col. Foalyn the agent to continue the work he has begun as receiver. He has shown himself to be a successful business man, and knows much about the affairs of the bank that a new agent would require considerable time to learn. This community may congratulate itself that within 80 short a. time it has so far recovered from the disaster that one year ago seemed so overwhelraing andirretrievable Selden Suow is cutting off a wood lot in the north part of the town, W. H Griggs has located his portable steam mill on the lot. The last previous work done by Mr. Griggs was cutting off the lot back of the Stafford Springs cemetery for F. A. Pierson. F. A. West, of the Oriental Tea Store, has exchanged his goods and business with G. W. Adams for the latter's farm in Tolland, near Snipsic farm, known as the Wm. Baker place. Mr. West makes the change because the confinement of the store is detrimental to his health, but is not fully decided to move upon the farm himself. Mr. Adams will sell the stock, tools, etc., on the farm at auction on Satorday next, at 10 a, m., and will remove to Stafford Springs to conduct the business of which he has assumed the proprie torship. Mr. and Mrs. G. M. Ives will close their house for the winter, and make their home with their daughter, Mrs. Hicks, Prosecutor Turner on Monday with a considerable force of officers engaged from outside the town, searched the several sa loons in town, with no results, save that one bottle was seized at the American House, which, however, when laid down for a moment, was smashed, it is said, by an employee of the house, who is one of Stafford's constables. -The following officers were elected by Harmony Temple of Honor last evening Wi C. T. F. J. Ohl W. V. T., James Brennan: W. R., F. W. Howard: W. A. R Perry P. Davis W F. R., Lewis McLaughlin ; W. T. F N. Crane W. C.,L.S. Converse W. U., J. W. Melbourne; W. D. U., E.A. Cleaveland W. G., E. R Marsdale W S., S. F. Pease P. W. U. T., A. E. Converse. -Those interested should note that the date for Senator Hawley's speech at Oronoco Hall is to-morrow evening. The first announcement was for this evening. Next Monday is the last day for ad mitting electors to the list. See advertise. ment. Services at Grace church Sunday next. as usual, the rector officiating. He will also hold a mission service at Hydeville at 3 p.m., at the house of Mr. Geo. Beard -Assessor John Brosnan will be at Han. ley's shoe store on Monday to receive lists, Assessor Patten will be at Eaton't store, Staffordville, for the same purpose on Sat urday. Lists must be handed in before Nov. 1st, as the assessors are by law requested to add 10 per cent. to their own estimates of valuation. -The Central Woolen Co. will start their mill in full Nov. 1st, and those wish ing work will apply at once. There will be an increase of the working force. W. A. King spoke at Woodbury Tues day evening, at Clinton Wednesday even-

Article Text

PAID IN FULL

Creditors of a Connecticut Bank. WASHINGTON, Jan. 3.-Comptroller Trenholm having received information that the claims of the creditors of the Stafford National bank of Stafford Springs, Conn., have been paid in full with interest, has instructed the receiver in charge of the bank to turn over the remaining assets to the agent of the stockholders. The bank failed October 12, 1887.

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"TVHENED NI The firm of Minis, Moore & Co., Richmond, Arkansas, has failed for about $150,000. The assets are not known. The combined wealth of the Vanderbilt family, according to the New World, is $274,000,000, and the estimated income from it per annum $13,864,000. The Secretary of the Treasury Thurs. day accepted the following bonds: registered. $50,000 at 1271: registered 000'09' '008 194 $3550'00 'sep **80T 10 II" '000'98$ A boiler in the hoop factory of Colonel John Ashford, in Raleigh, N. C., ploded Thursday, killing Col. Ashford's anfor Street pus 'oxSeu B pus RUCS OM1 ing Col. Ashford himself. Secretary Whitney Thursday appointed a board to examine and report upon the merits of the plans for a submerged cruiser submitted to the department several months ago by Representative Thomas. David Irwin died near Waseka, Minn 10 esse allegable em TB no a SEAL oq that piss " 71 Terrs. with President George Washington and other statesmen of his time, and served in the war of 1812. At a dinner party given by Charles MON no 1 JUAN 'UOS Year's Diy, bis family and nine guests were poisoned by partaking of IIV 'oujz TO open 10683A U u! person condition secures U up The treasury department has been vised of the death of Henry O. Tifft, our 18 moisno eq: 10 of Newport, Rhode Island. Mr. Tiffe our as excluse em SEM 'oor years 89 1940 41 persons Базлец The steamer Main, from Bremen pus 9HM Relitions passengers, arrived at New York 6001 000'T adventionip of singh cargo From Sable Island she encountered 'ROS q21q U pus spurs Booss A receiver was appointed Thursday for Henry Werner, wholessie dealer in 10 additition 001 no YOUR MON at Strauss, bis European partner. His assets pau 000'008$ eq of PIVS 918 $250,000 in hides. The receiver sai that a quarrel between the partners caused his appointment. Unitel States Treasnrer Hyatt Thurs. day signed a check, payable to himself, Jesune 01 '000 006 898 to: quour 1691 om Suprup peprodxe which ''02' 'spuoq 10 941 u! has theoretically paid from his pocket. trust "W sq pendis allow 991 91 mg used sun on come The comptroller of the currency of the 7947 personal useq Sugary the creditors of the Stafford National Bank of Stafford Springs, Connecticat, qum 1101 us prud useq GAUD usus 07 obraqo up responer on: perepzo quess eq: 01 our 1940 pours rund on October 12th, 1887. The general managers of all the lines States 001 10 terming eq: as Passenger Association, west, north-west and sonth-west of Chicago, met in city Thu sday 91 a unanimously agreed equipment eq: 201 a no unio: 01 on up selve JO cours 1snq reseased 10 scupuce eqf 201 pou our qual up seed Commerce law. According to a dispatch from Pitts burg, coke shipments to the West enormous at the present time. and have the que op 01 yours ditions of the railroads. The H 0 Frich Coke Company on Monday week broke'all previous records for jone day by loading *05.00 JO speciale 612 Suiddings pus ent SEM 5150 010 outlity 1847 01 number ever attained in R single day. b' The United Ptates steamer Ossipee 01 Ports 201 1100 TEM ""A NATION 18 MOU process III "sAup Me: B 121 THAN Prinos pusmimos son 01 penser влардо THE some *A ing officer by Rear Admiral Luce, 10 manding the North Atlantic Squadron II prior to his departure on the Galena 6 BI there suq: punoj 91 71 JI HasH 10 necessity for the constant presence 10 turee war vessels in Haytian waters, un your ques eq ITM there MOU OM1 eq7 10 at the United States. 04 JO Fan Jose de Costa Rica was shaken JO Improm pus 29.4 Deceader 10 14210 one "A JO septes . &q 4008 10 shoold em редепод " 4I originated in the volcano of Poaz, leagues from the town. At Alajuela su 02 persons were killed and many were 10 jured. The churches and principa buildings in the city suffered consider pt able damage. The inhabitants encamped 01 ON pus service our up pt pa as ent persuose Sujasy states. shools 94 UI The United States commission for 0 investigation of the hog cholera concluded their labors in Baltimere the present and have gone to South Caro pesodmoo BI The AT three members-Professor Shakespear of the University of Pennsylvania chair 20 man; Dr. B M Bolton formerly of SQ eq Hopkins University, and Professor B rill of the Botanical department of pe State Agricultural College of Illinois -p They will correspond with the leading specialists of this study in Europe. A telegram from Pittsburg reports pe of the biggist land deals on record. -2% summated with the Brazilian governmen spr by New York, Pittsburg and Washington -0. capitalist. The principal object of 01 usdo 01 S! eg: JO 101 up spiew piog pus promotr G8 cp 07 Jepro at pris Brazil company with a capitol of $2,000,000 02 in process of formation. The grant pa 89208 000 09 pay 000 09 bection 20J '00 land bordering the Amazon river, in qua region of the Andes mountains. The Society for the Protection of 8 put шор on othios as 18 addressed letters to President Oleveland -do Secretary Bayard and leading Congres MO men, asking for their views on the ject of immigration. Among the answer received was one from President Clev land, who said that his views were one one set forth in his annual message, and