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HIGH FINANCE IN EAST KENTUCKY MR. RICE PLANTED FINANCIAL INSTITUTIONS IN MANY PLACES. Olive Hill, Ky., March 28. (Special.)-W. J. Rice, cashier of the Imperial bank here, was indicted for embezzlement and the bank was placed in the hands of a receiver. Rice is missing. He had founded banks. in a number of eastern Kentucky towns. He is also indicted in Mississippi,
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FOUNDER OF BANKS FACES SERIOUS CHARGE W. J. Rice, of Olive Hill, Ky., Is Placed Under Arrest. Receiver Is Named. (Bv Associated Press.) LEXINGTON, Ky., March 28.-W. J. Rice, cashier and founder of the Imperial bank, Olive Hill, Ky., is under arrest and indictment and the bank has been placed in the hands of a receiver, according to a dispatch from there today. Rice is accused of embezzlement, securing money by false pretense and making a false report of the bank's condition. Similar charges are pending against him at Jackson, Miss., where he was indicted two years ago. Rice had also founded banks at Middlesboro, and Carter, Ky., and other towns in this state and in Mississippi. The protests of drafts from the Middlesboro bank, of which the Imperial bank was a depository, caused the trouble. Rice was arrested a year ago for troubles connected with his bank at Morehead, Ky., but managed to straighten these out.
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KENTUCKY BANKER HAS GONE WRONG Has Previously Done Likewise in the State of Mississippi. (Special to Times-Recorder.) Lexington, Ky., March 28.-W. J. Rice, cashier and founder of the Imperial Bank, Olive Hill, Ky., is under arrest and indictment and the bank has been placed in the hands of a receiver. Rice is accused of embezzlement, securing money by false pretense and making false report of the bank's condition. Similar charges are pending against him at Jackson, Miss., where he was indicted two years ago.
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Charged with Embezzlement, Lexington, Ky., March 28.-W. J. Rice, organizer of State banks in Kentucky, Louisiana, and Mississippi, his latest project being the Imperial Bank, at Olive Hill, Ky., is under arrest charged with embezzlement of the funds of the institution. The Imperial Bank was to-day placed in the hands of a receiver.
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The Report of the Death of King Menelik of Abyssinia is officially denied. The Twenty-third Congress of the Institute of International law was begun in Paris, Dean Sumner Held a Special Easter service on the stage of a vaudeville theatre in Chicago, Sewall F. Caneb, a Princeton student ran away from college and went to Europe as a stowaway. Dr. F. A. Cook Could not be found on board the steamer Abengarez when it arrived at New Orleans, Brigadier General Hawkins, governor of the National Soldiers' home, died suddenly at Glen Springs, N. Y. Mount Etna Showed Danger signs again and natives carried out their holy images and household goods. President Taft Sent a Special message to congress urging an appropriation of $250,000 for the tariff board. A Kosher Meat Famine is imminent in St. Louis because 42 shops have closed on account of a price-cutting war. Admiral Dillingham Returned from Hampton Roads, where he investigated conditions aboard the scout cruiser Salem. Mrs. Helen M. Mitchell died in Brooklyn from her thumb being pierced by the thorn in a pineapple she was paring. The Town of Gray, Ind., annexed three adjoining towns with an aggregate population of 70,000 without getting their consent. W. J. Rice, Cashier of the Imperial bank at Olive Hill, Ky., is under arrest and the bank has been placed in the hands of receivers. Colonel Roosevelt Delivered an address before the students of the University of Egypt and also visited the Girls' Mission school. Whether the Soldiers Discharged for shooting up Brownsville, Tex., are to be allowed to re-enlist may depend upon a big, black dog. There Has Been Another vigorous eruption of Mount Etna, which has set the stream of lava in motion through the Fra Diavola district. Prince Charles of Monte Carlo has acceded to the demand for a parliament and municipal council to be elected by universal suffrage, The Republicans of the House will hold a caucus next week to arrange a programme for putting through the pending administration measures. The Senate Committee on Judiciary to a decided the make favorable report upon nominations of judges for the new Customs Court of Appeals. The Interstate Commerce Corimission reduced the lake and rail rates on flour from Minneapolis, Minn., to New York city, from 23 cents per 100 pounds to 211-2 cents. Col. Levi Candee Weir, who was president of the Adams Express com1 pany from 1894 until 1909, died at the Hotel Plaza, New York, from a comthe
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W. J. Rice, Cashier of the Imperial bank at Olive Hill, Ky., is under arrest and the bank has been placed in the hands of receivers.
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CLOSE BANK; ARREST CASHIER W.J. Rice of Olive Hill, Ky., Charged with Embezziement and Making False Reports. Olive Hill, Ky., Mar. 29.-W. J. Rice, cashier and founder of the Imperial bank here, is under arrest and indictment and the bank has been placed in the hands of a receiver. Rice is accused of embersiement, securing money by false pretense and making a false report of the bank's condition. Similar charges are pending against him at Jackson, Miss., where he was indicted about two years ago.
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LEXINGTON BANKER IS CALLED AN EMBEZZLER Lexington, Ky., March 30.-W. J. Rice, cashier and founder of the Imperial Bank of Olive Hill, Ky., is under arrest and indictment and the bank has been placed in the hands of a receiver, according to a dispatch from there today. Rice is accused of embezzlement, securing money by false pretenses and making a false report of the bank's condition.
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LEXINGTON BANKER IS CALLED AN EMBEZZLER Lexington, Ky., March 30.-W. J. Rice, cashier and founder of the Imperial Bank of Olive Hill, Ky., is under arrest and indictment and the bank has been placed in the hands of a receiver, according to 9. dispatch from there today. Rice is accused of embezzlement, securing money by false pretenses and making a false report of the bank's condition.
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GENERAL NEWS. A lunacy commission at Boston is investigating the case of Miss Mary Kelleher, accused of poisoning four of six members of her family, who died suddenly. President Taft had a narrow escape from possible serious injury while speeding in an automobile for the Pennsylvania ferry at New York. As his automobile neared Eighth avenue a south-bound car started across the street. The chauffeur turned the machine but could not stop, and for half a block the car and the auto "skidded," scraping sides. W. J. Rice, cashier of the Imperial bank, Olive Hill, Ky., is under arrest on charges of embezzlement, obtaining money by false pretense and making a false report. The bank is in the hands of a receiver. Detectives are seeking a party of mischievous boys, who threw rocks at a crowded New York Central passenger train near Yonkers, N. Y., one of the missiles striking Frank Burrows, the engineer, in the temple, knocking him unconscious. Data of the New York public service commission show the Consolidated Gas Company's net profits for 1909 were $7,580,000, or $3,400,000 more with the 80-cent rate than in 1908. Twelve lives were lost in a fire in the building of the L. Fish Furniture Company, at 1906-1908 Wabash avenue, which in its occurrence and aftermath duplicated on a minor scale the Iroquois theater disaster. Hardly had the flames which caught a number of young women trapped in the sixth floor of the building been quenched than investigation revealed that the building in which the disaster occurred had never, so far as the records of the building department show, been inspected, and that the structure was erected and maintained in direct violation of the city ordinances. Laying bare the appalling details of Pittsburg's civic unrighteousness, ordering indictments against 31 present and past councilmen and making a demand upon the directors of the city depositories to investigate their own boards and ascertain the bribe-givers in connection with the ordinance designating their institutions as city depositories, formed the meat of two presentments made by the grand jury. The eruption of Mount Etna is increasing in violence hourly. Fifteen new craters, opening laterally, are sending forth blue and gold flames, burning cinders and melted lava, accompanied by terrific earthquake shocks and violent explosions. Panic and despair have seized upon the peasants, who plant images of favorite saints and then flee. Cardinal Francisca Nava visited Nicolosi bearing the veil of Saint Agatha, in order to stop the eruption of lava. The trainmen and conductors won their fight for a general wage increase on the New Haven railroad system, and a new schedule was signed with the railroad officials which will give an increase of about ten per cent. in wages to every employe of the system. Inchan Angan, the Korean who assassinated Prince Ito of Japan at Harbin, Manchuria, October 26 last, was executed at Port Arthur. J. P. Cudahy, who attacked Jere F. Lillis in Kansas City, Mo., two weeks ago, will pass the next year on his father's ranch in Pasadena, Cal. Re-enactment in a Cincinnati (0.) shooting gallery of the drama of William Tell in shooting the apple from the head of his son sent Harry Lacken of Montreal, Canada, to a hospital. The bullet, fired by D. H. Bunce, struck Lacken's lip instead of the cigaret which he held between his teeth. That co-operation between Great Britain and the United States is impossible as a means of reforming things in the republic of Liberia, is the main decision of the report of the Liberian commission, transmitted to congress in a special message by