Union Savings Bank & Trust Company (Tacoma, WA)

Episode Information

Episode UID
7232590891170
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
723259089 hash
Start Date
June 29, 1897
Location
Tacoma, Washington (47.253, -122.444)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
85dac29108773254

Response Measures

None

Description

Court decision caused suspension and receiver appointment; later reversal mentioned but no explicit reopening found.

Events (3)
1. June 29, 1897 Receivership
Newspaper Excerpt
The Union Savings Bank and Trust Company has closed its doors and gone into the hands of a receiver; Judge Williamson appointed Charles Richardson to take charge of the company.
Source
newspapers
2. June 29, 1897 Suspension
Cause
Government Action
Cause Details
State supreme court decision invalidating about $500,000 of Tacoma city warrants the bank held ($250,000).
Newspaper Excerpt
The Union Trust and Savings bank suspended this morning. Charles Richardson was appointed receiver by the court.
Source
newspapers
3. February 18, 1898 Other
Newspaper Excerpt
Reversal by the supreme court of the state of Washington of a former decision affecting over $1,000,000 of Tacoma city warrants, which had compelled the Union Savings Bank to suspend.
Source
newspapers

Newspaper Articles (18)
1. June 30, 1897 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, June 30, 1897

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Article Text

TELEGRAPHIC BREVITIES. Jacob Miller was instantly killed by taking hold of a live wire at Nine Mile Creek, near Cleveland Ohio, this morning. Several others were injured also. The insulation had worn off the wire. Rev. E M. Richardson, D. D., secretary of education of the Presbyterian church in the United States, was found dead in his bed in Memphis this morning. Deceased was 68 years of age, Heart disease was the cause. The Commercial Building Trust, a corporation doing a building and loan business at Louisville, Ky., assigned to-day to the Columbia Finance and Trust Company. The assets and liabilities are estimated at about half a million dollars each. William J. Hunt, formerly of Stafford county, Va., was arrested in Washington to-day charged with having murdered Peter D. Schooler, for the purpose of robbery, December 14, 1894. He will be taken to Stafford county this afternoon. Peter Maher, the heavy-weight pugilist, was married at St. Thomas R. C. Church, of Philadelphia, this afternoon to Miss Agnes Torpey. After the marriage the couple will leave for New York where they will take steamer for an extended European tour. The executive committee of the United Mine Workers has issued an order to all the members of the union, numbering, it is said, 128,000 men, to go on strike July 3. The orders includes all the organized miners in Indiana, Illinois, West Virginia, Ohio and western Pennsylvania. Senator Heitfeld, of Idaho, received another dispatch from Gov. Steunenberg, dated at Boies last night, as follows: "Complaints continue to-day. Fences are being burned and cattle killed. Indians come from Lemhi, Umatilla, Fort Hall and Duck Valley reservations. They must disperse or trouble will soon follow." A destructive field fire is raging in the hills around Burson, Cal. Back firing has been started to save the town of Burson from destruction. Several buildings are reported to have been burned in the hills. A railway train was delayed|to fight the flames which attacked the track and trestle last night Mrs. Pauline Weitmeier and her daughter, Miss Pauline Weitmeier, of Owensboro, Ky., committed suicide by taking carbolic acid last right. Both were dres ed in handsome clothes when found by neighbors this morning. On a table was found a note saying they desired to be buried just as found. The Union Savings Bank Trust Company. of Tacoma, Wash., has closed its doors and gone into the hands of a receiver as a direct result of the recent Supreme Court decision declaring a large amount of the city warrants to be illegal. The capital stock is $100,000. John C. Capron, a wealthy citizen of Fan Francisco, committed suicide by shooting himself while temporarily insane from physical suffering. He leaves seven stepdaughters and an estate valued at $150,000. He wai 76 years old and a native of Virginia. Dr. W. C. Wey, formerly president of the New York State Medical Society, to-day at Elmira, aged 68 years. Yale College to-day conferred the degree of Doctor of Letters upon Mr. W. Gordon McCabe, of Richmond. Harvey B. Rich & Co., members of the New York Stock Exchange, suspended to-day. John L. Sullivan has left his training quarters and is now in New York city.

2. June 30, 1897 The Herald Los Angeles, CA
Article from The Herald, June 30, 1897

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Article Text

A Broken Bank TACOMA, June 29.-The Union Trust and Savings Bank suspended this morning. Charles Richardson was appointed receiver by the court. No statement has yet been filed. The failure is attributed to the recent decision of the Supreme Court invalidating half a million dollars' worth of city warrants, of which the bank held one-half.

3. June 30, 1897 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, June 30, 1897

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Article Text

Tacoma Bank Suspends. TACOMA, Wash., June 29.-The Union Trust and Savings bank suspended today, and the court appointed Charles Richardson as receiver. No statement has yet been filed. It is stated that the cause of the trouble is a recent decision of the state supreme court, invalidating $500,000 worth of city warrants, of which the bank holds $250,000 worth.

4. June 30, 1897 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, June 30, 1897

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Article Text

TACOMA BANK FAILS. It Dealt in City Securities and the Court Declared Them Invalid. Tacoma, Wn., June 30.-The Union Savings Bank Trust company has closed its doors and gone into the hands of a receiver as a direct result of recent supreme court decisions declaring a large amount of city warrants to be illegal. Judge Williamson appointed Attorney Charles Richardson to take charge of the assets of the concern. The bank was organized in February, 1891, with the late Gen. J. W. Sprague as president. Chester Thorne is vice president and A. R. Nichols cashier, the latter having been the active manager of the bank since it began business. The capital stock is $100,000. The local deposits are small, the bank having been engaged chiefly in the purchase of securities of cities, counties, towns and school districts through the northwest. It owns $155,000 of Tacoma general fund warrants and $18,000 of city hall fund warrants, the validity of which is now thrown into question by the supreme court decision handed down Friday. The bank will now ask for a rehearing in the supreme court and will also sue the city for moneys paid for the warrants. In view of the supreme court decision a receivership was considered advisable to protect all interests. Cashier Nichols says that every depositor will be paid in full when the warrants are realized upon, as he has no doubt they will be eventually, and the stockholders should receive the full value of their stock.

5. July 1, 1897 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, July 1, 1897

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Article Text

Due to a Supreme Court Decision. TACOMA, Wash., June 30.-The Union Bank Saving and Trust Company has closed its doors and gone into the hands of a receiver as a direct result of the recent Supreme Court decision, declaring a large amount of city warrants to be illegal. Judge Williamson appointed Charles Richardson to take charge. The bank was organized in February, 1891, with the late Gen. William Sprague as president. Chester Thorne is vice president and A. R. Nichols cashier. The capital stock is $100,000. The deposits are small, the bank having been engaged chiefly in the purchase of securities of cities, counties, towns and school districts throughout the Northwest. It owns $155,000 of Tacoma general fund warrants and $18,000 City Hall fund warrants, the validity of which is thrown into question by the Supreme Court decision handed down Friday. The bank will now ask for a rehearing in the Supreme Court and will also sue the city for moneys paid for the warrants. In view of the Supreme Court decision, a receivership was considered advisable to protect all interests. Cashier Nichols says every depositor will be paid in full when the warrants are realized on. He says the stockholders should receive the full value of their stock.

6. July 1, 1897 Union County Courier Elk Point, SD
Article from Union County Courier, July 1, 1897

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Article Text

Tacoma Bank Frils. The Union Trust and Savings Bank of Tacoma, Wash.. suspended June 29, and the court appointed Charles Rinehards as receiver. No statement has been filed. It is stated that the cause of the trouble is a recent decision of the state supreme court invalidating half a million dollars word. of city warrants which were fraudulently issued, of which the bank holds $250,000 worth.

7. July 1, 1897 The Austin Weekly Statesman Austin, TX
Article from The Austin Weekly Statesman, July 1, 1897

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Article Text

A Tacoma Bank Suspends. Tacoma, Wash., June 29.-The Union Trust and Savings bank suspended today and the court appointed Charles Richardson as receiver. No statement has yet been filed. It is stated that the cause of the trouble is a recent decision of the state supreme court, invalidating half a million dollars worth of city warrants, of which the bank holds $250,000.

8. July 1, 1897 The Sauk Centre Herald Sauk Centre, MN
Article from The Sauk Centre Herald, July 1, 1897

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Article Text

Court Decision the Cause. Tacoma, Wash., June 30.-The Union Trust and Savings bank has suspended and the court appointed Charles Rinehardson as receiver. No statement has yet been filed. It is stated that the cause of the trouble is a recent decision of the state supreme court invalidating $500,000 worth of city warrants, of which the bank holds $250,000 worth.

9. July 2, 1897 The Roanoke Times Roanoke, VA
Article from The Roanoke Times, July 2, 1897

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Article Text

TACOMA BANK SUSPENDS. Tacoma, Wash., July 1.-The]Union Savings Bank and Trust Company has closed its doors and gone into the hands of a receiver, as a direct result of the recent supreme court decision declaring a large amount of city warrants to be illegal. Judge Williamson appointed Charles Richardson to take charge of the company.

10. July 2, 1897 Little Falls Weekly Transcript Little Falls, MN
Article from Little Falls Weekly Transcript, July 2, 1897

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Court Decision the Cause. Tacoma, Wash., June 30.-The Union Trust and Savings bank has suspended and the court appointed Charles Rinehardson as receiver. No statement has yet been filed. It is stated that the cause of the trouble is a recent decision of the state supreme court invalidating $500,000 worth of city warrants, of which the bank holds $250,000 worth.

11. July 7, 1897 The Ely Miner Ely, MN
Article from The Ely Miner, July 7, 1897

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DOMESTIC. Tom Logan and Wyatt Cooper brought about a deadly shooting affray at a pienic near Vanceburg, Ky., in which two persons were killed and many others were wounded. Passenger trains collided near Vandalia, Ill., killing R. T. Sherman and W. P. Coon, of Indianapolis, Ind., and fatally injuring Samuel Parkinson, of Columbus, O., and Frank Owens, of Terre Haute, Ind. Lightning struck the convict camp at the lumber mills near Dakota, Ga., and four of the convicts were killed and ten others were injured, some fatally. Estimates on Chicago's population made by accountants in the employ of the Lakeside Directory company places the figures at 1,828,000. Four masked men made a desperate attempt to rob the Butte county bank at Belle Fourche, S. D., but only secured $75. The boiler of a thrashing machine engine exploded at Adair, Ga., killing three men instantly and fatally woundIng four others. The steamer St. Louis broke the ocean record between New York and Southampton, her time being 6 days 10 hours and 45 minutes. The Keystone national bank at Erie, Pa., by a unanimous vote of the directors, decided to close its doors. The depositors will be paid in full. Arthur Gardiner, of Chicago, broke the world's mile bicycle handicap record in Springfield, Ill., going the distance in 2:05 1-5. The Union trust and savings bank at Tacoma. Wash.. went into the hands of a receiver. The Clinton Lithographing company of Chicago failed for $104,000. The house of George Copeland was struck by lightning at Cadillac, Mich., and his wife and sister and her little child were instantly killed. Robert J. Powley was electrocuted In the Auburn (N. Y.) prison for the murder of his wife. The reports as to the condition of the crops throughout the country were all favorable. Three hundred Bannock Indians broke away from the Fort Hall reservation in Idaho, and the settlers were greatly alarmed. The University of Illinois at Champaign has decided to admit women to the medical college. T. M. Cleveland and his wife. of Washington, were killed and four other persons were injured in a runaway accident near Dover, N. J. Enemies of Leon Olchofski blew up This block of buildings in South Seranton, Pa., with dynamite, and 20 other houses had all the windows blown out and plaster torn from the walls. Several persons were badly injured, Olchofski probably fatally. The Grand View, the leading hotel at Tallulah Falls, a well-known Georgia summer resort. was burned.

12. July 8, 1897 Hutchinson Gazette Hutchinson, KS
Article from Hutchinson Gazette, July 8, 1897

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NEWS IN BRIEF. Colorado brokers are greatly alarmed over the proposed tax on stock sales, because it would bear heavily on cheap mining stock transactions. John W. Thompson. United States marshal of West Virginia, was compelled by injunction under civil service law to reappoint the old Democratic force of deputies. President Gates of Amherst college is to resign. Twelve thousand Belgium coal miners are on a strike. Union Trust and Savings bank, Tacoma, Wash., suspended. The New York jury that tried the tobacco trust couldn't agree. The Hawaiian reciprocity provision has been restored to the tariff bill. Helen Keller, deaf. dumb and blind, passed in advanced German for Radcliffe college. National Republican headquarters have been moved from Washington to Cleveland. James Arnold, a Butte, Mont., mining man, was done up for $6,900 in a faro game in Chicago. W. M. McFarland, ex-secretary of state of Iowa, is accused of making employes divide their salaries with him. George Copeland's wife and his sister and her child were killed by lightning at Cadillac, and S. Bandine's 10-yearold daugnter was killed at Howard City, Mich. Mail Clerk R. T. Sherman and Baggagemaster W. P. Coon, both of Indianapolis, were killed in a Christian Endeavor train wreck on the Vandalia, and Mail Clerk Samuel Parkinson and Fireman Frank Owens fatally injured. W. J. Calboun has declined the position of comptroller of the treasury. Oil has been struck at a depth of 1,400 feet in a well at Tishomingo, I. T. The Bank of Osage Mission. Kan., will go into voluntary liquidation. It has a capital of $5,000. The Western Door company. a door, sash and blind trust organized last week, has collapsed. The cash in the treasury is classified as follows: Gold, $178,076,656: silver, $520,793,922; paper, $153,349,826. Alvin Dillway, son of the president of the Mechanic's National bank, of Boston, Mass., killed himself with poison in that city yesterday because he had been expelled from West Point. Mrs. John McClelland was struck and instantly killed by lightning near Starfield, Mo., during a heavy rain and thunder storm. All streams in that vicinity are rising and trains are delayed. Samuel Barnum was appointed receiver of the Topeka Belt Railway company. There is a mortgage of $500,000 on the road, and several weeks ago a force of men tore up the tracks in the night. James Wilder, wife and two children, emigrants, supposed to be from Benton county, Mo., were burned to death in a cabin near Rochester, Ky. They had stopped in the cabin for a few day's rest from traveling. Four masked bandits entered a bank at Belle Fourche, S. D., shot off the cashier's right ear, took all the cash in sight and escaped. A posse gave chase and captured them. Chinese allowed to enter to take part in the Nashville exposition are said to be distributing themselves in other cities. Republican members of the Senate judiciary committee have agreed upon a compromise anti-trust amendment to the tariff bill. The invalidating of $500,000 of Tacoma, Wash., bonds, which were fraudulently issued, caused the failure of the Union Trust and Savings bank of that city. Enemies of Leon Olehafski of Seranton, Pa., blew up his home with dynamite. He is severely injured. Mrs. Julia Maffitt, the wealthiest woman in St. Louis, is dying at the age of 81. White parasites are destroying the grasshoppers which threatened destruction to crops in South Dakota. Judge Charles Ford of Nevada is charged with bigamy. He is 75 years old. "Messiah" Schweinfrrth bobs up'in Arkansas, where he is going to establish a "Heaven."

13. July 8, 1897 Hutchinson Gazette Hutchinson, KS
Article from Hutchinson Gazette, July 8, 1897

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NEWS BOILED DOWN. Turkey still demands Thessaly. General Rivera is critically sick. Russia's population is 129,211,113. Amount of public debt $946,656,036. Montana now has an anti-gambling law. There is much disease among the Spanish troops. Miss Mary Straub, hymn composer, is dead in Chicago. Galatz, Roumania, reports many lives lost by high water. The government took in $13,500,000 more than it paid out in June. Standard '98 wheels will be $75, as all '96 $100 wheels are now. Louis Gillot, a New Orleane bank wrecker, was given eight years in the penitentiary. Five Minnesota Indians were loilled by imbibing pain killer and hair oil. Sullivan and Fitzsimmons will L.St be allowed to spar at Ambrose Park, N. Y. Bryan in an interview at Laramie, Wyo,, praised the course of Chio Democrats. The president is said to have decided to entirely reform the civil service commission. James Burgen and wife were beaten to death in bed by burglars near Bentonville, Ark. Internal Revenue Collector Welborn of the San Francisco district has been removed'for crooked work. Japan hrs decided to withdraw her minister to America, as she feels insulted over the Hawaii business. Captain General Weyler refuses to set any time for the trials of the Com. petitor prisoners for various reasons. H. Russell Ward, an Englishman. has eloped from Los Angeles with Missionaire John Bradbury's young wife. A locomotive engine blew up at Mor gan Park, Chicago, fatally injuring Fireman John Latshaw and Engineer John Fogg. John Stephens family were poisoned at Belmont, Brown county, III. Only two tittle girls out of six people are left and they are very sick. John W. Thompson, United States marshal of West Virginia, was compelled by injunction under civil service law to reappoint the old Democratic force of deputies. President Gates of Amherst college is to resign. Twelve thousand Belgium coal miners are on a strike. Union Trust and Savings bank, Tacoma, Wash.. suspended. The New York jury that tried the tobacco trust couldn't agree. The Hawaiian reciprocity provision has been restored to the tariff bill. Helen Keller, deaf. dumb and blind, passed in advanced German for Radcliffe college. National Republican headquarters have been moved from Washington to Cleveland. James Arnold, a Butte, Mont., mining man, was done up for $6,900 in a faro game in Chicago. W. M. McFarland, ex-secretary of state of Iowa, is accused of making employes divide their salaries with him. George Copeland's wife and his sister and her child were killed by lightning at Cadillac, and S. Bandine's 10-yearold daughter was killed at Howard City, Mich. Mail Clerk R. T. Sherman and Baggagemaster W. P. Coon, both of Indianapolis, were killed in a Christian Endeavor train wreck on the Vandalia, and Mail Clerk Samuel Parkin. son and Fireman Frank Owens fatally injured. W. J. Calhoun has declined the position of comptroller of the treasury. Oil has been struck at a depth of 1,400 feet in a well at Tishomingo, I.T. The Bank of Osage Mission. Kan., will go into voluntary liquidation. It has a capital of $5,000. The Western Door company, a door, sash and blind trust organized last week, has collapsed. The cash in the treasury is classified as follows: Gold, $178,076,836; silver, $520,793,922; paper, $153,349,826. Alvin Dillway, son of the president of the Mechanic's National bank, of Boston, Mass., killed himself with poison in that city yesterday because he had been expelled from West Point. Mrs. John McClelland was struck and instantly killed by lightning near Starfield, Mo., during a heavy rain and thunder storm. All streams in that vicinity are rising and trains are delayed. Samuel Barnum was appointed receiver of the Topeka Belt Railway company. There is a mortgage of $500,000 on the read, and several weeks ago a force of men tore up the tracks in the night. James Wilder, wife and two dren, emigrants, supposed to be from Benton county, Mo., were burned to death in a cabin near Rochester, Ky. They had stopped in the cabin for a few day's rest from travelino. The governor of Idaho has asked the war department for tro 8 to protect settlers from the Bannock Indians. Chinese allowed to enter to take part in the Nashville exposition are said to be distributing themselves in other cities. Republican members of the Senate judiciary committee have agreed upon a compromise anti-trust amendment to the tariff bill. The invalidating of $500,000 of Tacoma. Wash., bonds, which were fraudulently issued, caused the failure of the Union Trust and Savings bank of that city.

14. July 8, 1897 Phillipsburg Herald Phillipsburg, KS
Article from Phillipsburg Herald, July 8, 1897

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NEWS IN BRIEF. Colorado brokers are greatly alarmed over the proposed tax on stock sales, because it would bear heavily on cheap mining stock transactions. John W. Thompson, United States marshal of West Virginia, was compelled by injunction under civil service law to reappoint the old Democratic force of deputies. President Gates of Amherst college is to resign. Twelve thousand Belgium coal miners are on a strike. Union Trust and Savings bank, Tacoma, Wash,, suspended. The New York jury that tried the tobacco trust couldn't agree. The Hawaiian reciprocity provision has been restored to the tariff bill. Helen Keller, deaf, dumb and blind, passed in advanced German for Radcliffe college. National Republican headquarters have been moved from Washington to Cleveland. James Arnold, a Butte, Mont., mining man, was done up for $6,900 in a faro game in Chicago. W. M. McFarland, ex-secretary of state of Iowa, is accused of making employes divide their salaries with him. George Copeland's wife and his sister and her child were killed by lightning at Cadillac, and S. Bandine's 10-yearold daughter was killed at Howard City, Mich. Mail Clerk R. T. Sherman and Baggagemaster W. P. Coon, both of Indianapolis, were killed in a Christian Endeavor train wreck on the Vandalia, and Mail Clerk Samuel Parkinson and Fireman Frank Owens fatally injured. W. J. Calhoun has declined the position of comptroller of the treasury. Oil has been struck at a depth of 1,400 feet in a well at Tishomingo, I. T. The Bank of Osage Mission, Kan., will go into voluntary liquidation. It has a capital of $5,000. The Western Door company, a door, sash and blind trust organized last week, has collapsed. The cash in the treasury is classified as follows: Gold, $178,076,656; silver, $520,793,922; paper, $153,349,826. Alvin Dillway,' son of the president of the Mechanic's National bank, of Boston, Mass., killed himself with poison in that city yesterday because he had been expelled from West Point. Mrs. John McClelland was struck and instantly killed by lightning near Starfield, Mo., during a heavy rain and thunder storm. All streams in that vicinity are rising and trains are delayed. Samuel Barnum was appointed receiver of the Topeka Belt Railway company. There is a mortgage of 500,000 on the road, and several weeks ago a force of men tore up the tracks in the night. James Wilder, wife and two children, emigrants, supposed to be from Benton county, Mo., were burned to death in a cabin near Rochester, Ky. They had stopped in the cabin for a few day's rest from traveling. Four masked bandits entered a bank at Belle Fourche, S. D., shot off the cashier's right ear, took all the cash in sight and escaped. A posse gave chase and captured them. Chinese allowed to enter to take part in the Nashville exposition are said to be distributing themselves in other cities. Republican members of the Senate judiciary committee have agreed upon a compromise anti-trust amendment to the tariff bill. The invalidating of $500,000 of Tacoma, Wash., bonds, which were fraudulently issued, caused the failure of the Union Trust and Savings bank of that city. Enemies of Leon Olchafski of Scranton, Pa., blew up his home with dynamite. He is severely injured. Mrs. Julia Maffitt, the wealthiest woman in St. Louis, is dying at the age of 81. White parasites are destroying the grasshoppers which threatened destruction to crops in South Dakota. Judge Charles Ford of Nevada is charged with bigamy. lie is 75 years old. "Messiah" Schweinfurth bobs up in Arkansas, where he is going to establish a "Heaven." Georgia

15. July 10, 1897 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, July 10, 1897

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DOMESTIC. It is said that the scheme of Eugene V. Debs to plant a socialistic colony in the west has been abandoned, and to take its place there will be a small migration of unemployed men to the state of Washington. Pary Gilliam, a negro, was taken from the Monroe county (Miss.) jail by a mob and hanged for attempting to assault a white woman. Tom Logan and Wyatt Cooper brought about a deadly shooting affray at a picnic near Vanceburg, Ky., in which two persons were killed and many others were wounded. Passenger trains collided near Vandalia, Ill., killing R. T. Sherman and W. P. Coon, of Indianapolis, Ind.. and fatally injuring Samuel Parkinson, of Columbus, O., and Frank Owens, of Terre Haute, Ind. Lightning struck the convict camp at the lumber mills near Dakota. Ga., and four of the convicts were killed and ten others were injured, some fatally. Estimates on Chicago's population made by accountants in the employ of the Lakeside Directory company places the figures at 1,828,000. Four masked men made a desperate attempt to rob the Butte county bank at Belle Fourche, S. D., but only secured $75. Cramps seized five persons who were bathing in various sections of Chicago and all were drowned The boiler of a thrashing machine engine exploded at Adair, Ga., killing three men instantly and fatally wounding four others. The steamer St. Louis broke the ocean record between New York and Southampton, her time being 6 days 10 hours and 45 minutes. The Keystone national bank at Erie, Pa., by a unanimous vote of the directors, decided to close its doors. The depositors will be paid in full. Arthur Gardiner, of Chicago, broke the world's mile bicycle handicap record in Springfield, III., going the distance in 2:05 1-5. The Union trust and savings bank at Tacoma, Wash., went into the hands of a receiver. The Clinton Lithographing company of Chicago failed for $104,000. The exchanges at the leading clearing houses in the United States during the week ended on the 25th aggregated $979,269,233, against $1,054,145,233 the previous week. The increase compared with the corresponding week of 1896 was 8.5. A wind and hailstorm in Missouri did great damage at Rich Hill, Macon, Sedalia and St. Joseph, and several lives were lost. Advices from various portions of the country say that there is no step backward in business. Improvement continues gradual and prudently cautious as before, although in many branches evident where no signs of it appeared a few days ago. Elders Rydalch, Pomeroy, Parish and Jones, Mormon elders from Utah, were run out of Meridian, Miss., by citizens. The sidewheel steamer City of Buffalo broke the speed record for the great lakes, her average time from Cleveland to Put-in Bay being 22 miles an hour. A special crop report covering 600 points in Iowa, Nebraska, Kansas and Minnesota says that corn and small grains, with the exception of winter wheat and oats, promise well. # Johnnie, the famous pacer, broke his neck; in a pasture at Napoleon, O. He was owned by W. H. Barnes, of Sious City, Ia., and was valued at $15,000.

16. July 15, 1897 Iowa County Democrat Mineral Point, WI
Article from Iowa County Democrat, July 15, 1897

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usury. Judge Simon E. Baldwin of Connecticut in an address before the Georgia Bar association at Warm Springs, Ga., took the ground that the President of the United States is the greatest despos on earth. John S. Sapron, a wealthy citizen of San Francisco, committed suicide by shooting himself in the head while temporarily insane from physical suffering. He leaves an estate valued at $150,000. There is a strong intimation that the president would select neither T. V. Powderly nor Former Representative Kelfer as immigration commission, but would appoint Wm. G. Edens of Galesburg, III. Senator Clinton gave notice of an amendment he will offer to the tariff bill prohibiting interstate commerce in articles manufactured by trusts, making the offense punishable by three years' imprisonment. A destructive field fire is raging in the hills around Burson, Cal. Back firing has been resorted to to save the town of Burson from destruction. Several buildings are reported to have been burned in the hills. Lawrence P. Graham, alias A. Gordon Blair, who has been arrested for larceny in Boston, says he has moved in the best society of Baltimore, Washington and New York while pursuing a career of crime. Senator Lindsay (Ky.) has proposed an amendment to the tariff bill by which an inquiry will be made by the president into the exculsion of American tobaccos from France and Spain under the Regie contracts. Mrs. Grannis, president of the Social Purity league, suggests that if sinful classes are .O be segregated in New York they be sent into the best communities, where the people are more capable of coping with evil. John D. Rockefeller's gift of $250,000 to the American Baptist Home Missionary society and American Baptist Union is assured, the Baptists having been successful in raising the necessary money to secure the offer. William Duke died at Wellsville, N. Y., aged 68 years. He have been at the head of the Duke Lumber company, from the start, and was one of the largest lumber manufacturers anu oil operators of western New York. Mrs. Mack has been arrested and placed in jail at Muskogee, I. T., charged with complicity in the murder of her husband, Joel O. Mack a prominent cattleman, whose mutilate d body was found near Bartlesville six months ago. The Union Savings Bank and Trust company, of Tacoma, Wash., has closed its doors and gone into the hands of a receiver as a direc. result of the recent supreme court decision declaring a large amount of city warrants to be illegal. Among those upon whom Wesleyan university conferred honorary degrees are Rev. Wallace Machanen of Failadelphia, and Rev. George B. Smith, president of the Anglo-Chinese college, at Foo Chow, China, who were made doctors of divinity. As a result of the recent experimental shipment of American butter to England, under the patronage of the agricultural department, an order has just been placed by a London firm for the entire dairy product of the Iowa Agricultural college. Horace L. Chapman was nominated for governor by the democratic state convention of Ohio, which met at Columbus. The platform adopted is confined to a declaration for free suver, but auxillary resolutions relating to trusts and Cuba were passed. David A. Storrer has been appointed receiver in supplementary proceedings against Charles C. Cokefair, broker and dealer in timber lands, who resided in Plainfield, N. J., in a suit brought by the Danbury National Bank, a judgment creditor for $27,941. Miss Catherine Moses of San Diego, Cal., has entered her novitiate as a members of Order of Sisters of Mercy of the Roman Catholic church. She is handsome, accomplished and an heiress. Her father is worth a million dollare She formerly soceity belle

17. February 19, 1898 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, February 19, 1898

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TACOMA WARRANTS VALID. City Compelled to Pay a Total of Several Hundred Thousand Dollars. CHICAGO, Feb. 18.-A. R. Nicol, of Chicago, formerly cashier of the Union Savings Bank of Tacoma, received word today of the reversal by the supreme court of the state of Washington of a former decision affecting over $1,000,000 of Tacoma city warrants. The previous decision held that the warrants had been canceled and therefore, could not be paid, and, as the Union Savings bank held $250,000 of the warrants, it was compelled to suspend. The decision, according to Mr. Nicol, will compel the payment of the warrants, several hundred thousand dollars of which are held in Philadelphia, New York and other Eastern cities

18. February 19, 1898 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, February 19, 1898

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# Decision Affecting Warrants. CHICAGO, Feb. 18.-A. R. Nicol, of Chicago, formerly cashier of the Union Savings Bank, of Tacoma, Wash., received word to-day of the reversal by the Supreme Court of the State of Washington of a former decision affecting over $1,000,000 of Tacoma city warrants. The previous decision held that the warrants had been canceled, and therefore could not be paid, and as the Union Savings Bank held $250,000 of the warrants it was compelled to suspend. The decision, according to Mr. Nicol, will compel the payment of the warrants, several hundred thousand dollars of which are held in Philadelphia, New York and other Eastern cities.