758. All Night & Day Bank (Los Angeles, CA)

Bank Information

Episode Type
Run β†’ Suspension β†’ Closure
Bank Type
state
Start Date
May 2, 1910
Location
Los Angeles, California (34.052, -118.244)

Metadata

Model
gpt-5-mini
Short Digest
56763abc2c615463

Response Measures

None

Description

Contemporary articles report a two-day run on the All Night & Day Bank in early May 1910 which was weathered. Several months later (Oct 14–15, 1910) the California state superintendent of banks closed the institution amid litigation and discovered impairment of capital; the superintendent took charge (government action) and the bank was locked. A receiver had been involved in the stock litigation and was later discharged (Nov 18, 1910). It is not explicit that the bank reopened after the October closing; legal action and receivership followed, so I classify as run followed by suspension that led to closure. Dates derived from newspaper publication dates and internal datelines.

Events (4)

1. May 2, 1910 Run
Cause Details
Articles describe a sudden run and heavy withdrawals but do not attribute it to a specific rumor, misstatement, or other precise trigger.
Measures
Bank officers and president opened books to press, announced vault cash and deposits with nearby banks; provided refreshments and roped off street; public assurances by president and state bank examiner; police maintained order.
Newspaper Excerpt
A run on the Los Angeles All Night and Day bank started shortly after noon today. Hundreds of depositors jammed the building and filled the streets.
Source
newspapers
2. May 4, 1910 Other
Newspaper Excerpt
The two-day run on the All Night and Day bank ended tonight. ... Announcement of Alden Anderson, state bank commissioner, that the institution was solvent reassured the anxious patrons and gold began flowing back in.
Source
newspapers
3. October 14, 1910 Suspension
Cause
Government Action
Cause Details
State superintendent of banks closed the bank amid contested management, litigation over control of the bank and his finding of impairment in capital stock; he took charge by order of the superintendent.
Newspaper Excerpt
The All Night and Day bank was closed at 10 o'clock last night by order of Alden Anderson, superintendent of banks of California. Mr. Anderson ... said the bank was solvent but closed for protection of depositors until management adjusted.
Source
newspapers
4. November 18, 1910 Receivership
Newspaper Excerpt
Receiver of the All Night and Day bank is discharged by court ... Judge Conrey discharged the Title Insurance and Trust company as receiver in the action of Hugh Blue, trustee, against the bank ... return to the bank the certificate for the 1155 shares of capital stock ... indicates temporary cessation of hostilities.
Source
newspapers

Newspaper Articles (18)

Article from The Tacoma Times, May 2, 1910

Click image to open full size in new tab

Article Text

DEPOSIT ORS START RUN ON BANK (By United Press Leased Wire.) LOS ANGELES, Cal., May 2.β€” A run on the Los Angeles All Night and Day bank started shortly after noon today. Hundreds of depositors jammed the building and filled the streets. A long line which was formed grew constantly. The All Night and Day bank is the only institution of its kind in Southern California. It was organized a year ago under the state banking laws. It recently was refused membership in the Los Angeles clearing house.


Article from Los Angeles Herald, May 3, 1910

Click image to open full size in new tab

Article Text

HE All Night and Day Bank has 24,000 accounts. Less than one-fortleth of T its patronage was represented in the run yesterday, according to the bank's officials. One man dropped dead in the bank yesterday afternoon after depositing $300 in the institution to prove his confidence in it. More deposits were being received at 3 (Continued on Page Three)


Article from Los Angeles Herald, May 3, 1910

Click image to open full size in new tab

Article Text

LOS ANGELES All Night and Day bank successfully stands run; believed it will weather PAGES 1 and 3 storm. Vernonites in election contest tell how they "sot" on boxes and counted votes "fur" and "agin" annexation plan. PAGE 16 Floyd Armentrout, versatile Whittier runaway, eliminated from list of PAGE 16 Brooks murder suspects. Because F. D. Kane has not funds to return to city, swindling charge against PAGE 8 Dolph Greene is dismissed. Dr. George L. Cole will take place on health board vacated by Dr. Chambers, now Reno divorce seeker. PAGE 8 Judge Summerfield wins gory battle PAGE 16 with bumblebee; is stung. County auditor's office pays county emPAGE 8 ployes $68,894.61. Hal E. Hardy's relatives refuse to let him plead guilty to manslaughter PAGE 8 City Attorney Hewitt prepares ordinance to straighten out residence and PAGE 8 factory district tangle. Togs for Tag day will be distributed today. PAGE 9 Twenty-fourth annual meeting of Southern California Congregational conference PAGE 9 opens in this city. County supervisors refer to ordinance committee draft of law providing for local PAGE 9 option regarding wineries. Phil Stanton, candidate for governor, gives luncheon to newspaper women of SouthPAGE 9 California. Baptist ministers repudiate stand of union ministers' meeting and invite Religious Educational association to meet here. PAGE 9 A. C. Zierath asks court to restrain neighPAGE 9 bors from annoying him. Architect John Parkinson patriotically draws plans for park beautiful and prePAGE 8 sents them to city. Census enumerators will quit counting PAGE 1 Thursday night. Line up! Yuma Indians on "war path'' because government refuses to let them cremate PAGE 1 braves and burn buildings.


Article from The San Francisco Call, May 3, 1910

Click image to open full size in new tab

Article Text

INDEX OF THE SAN FRANCISCO CALL'S NEWS TODAY TELEPHONE KEARNY 86 TUESDAY, MAY 3, 1910 EDITORIAL Appropriations tremble in balance. Page 6 Queer objections to direct primary. Page 6 Roosevelt cry heard at White House, Page 6 Uncertain political future of congress. Page 6 POLITICAL Governor Gillett ducks primary fight. slipping machine program to Warren Porter. Page 4 CITY New chief of forest service arrives on official visit. Page 9 Ladies' kennel association seats officers elected by faction. Page y The Knights of the Royal Arch meet in an nual convention. Page 2 Engineer Foster contributes expert services free to Ocean Shore. Page 16 Supervisor Walsh denounces slaughter by Unit ed Railroads streetears. Page 4 Juvenile aviators practice for aviation contest Page 3 at Auditorium May 19-21. U. S. District Judge de Haven will take long Page 16 rest. spending time in country. Inspectors begin investigation into cause of wreck of steamship Santa Clara. Page 10 Builders' exchange subscribes $43,000 in 32 2 minutes to Panama-Pacific exposition. Page Wife in second suit against H. H. Norwood asks for $300 a month separate mainten ance. Page 7 City Attorney Long sends brief to Secretary Ballinger defending city's right to Heteb Hetchy, Page 16 SUBURBAN Council defers action on water rates agreement. Page a Berkeley women to give "As You Like It'' in Claremont bills. Page Berkeley Greek department to present class drama in English. Page 8 Incorrigible boy tired of confinement makes an other break for liberty. Page 8 Mrs. Clarence Trowell entertains young mat rons at Linda Vista home. Page 8 Children sue to break mother's will which leaves $21,000 to stepfather. Page 9 Mrs. Harry Dreyer sues for divorce. alleging husband borrowed too often. Page 8 High school students said to have joined fraPage s ternities in spite of the law. Director Parker and Secretary Maunder accused of cheating Suburban realty company Page a George W. Langan. an Oakland attorney, is run down by train at Vallejo Junction. Page 9 COAST Man sits on hat pins and starts panic in mor ing picture show. Page 5 All Night and Day bank of Les Angeles with stands short run. Page 4 Beauty doctor buys home of oculist, he packs his clothes and leaves. Page a Hillsborough's town marshal finds discretion Page it the better part of valor. Board of education drops investigation of 1 rumors at Santa Clara high school. Page EASTERN Lightning starts fire ip oil tank containing 35.000 barrels. Page 1 Administration railroad legislation doomed to Page 1 defeat in senate. Mayor Gayner welcomes Westen in New York at end of long walk. Page 3 Storms in Kansas claim one life: lower temper ature follows heavy rains. Page 5 Supreme court affirms decisions against Stand ard oil and lumber combine. Page 1 President Taft in speech in Pittsburg takes Page 1 pride in his choice of Knos. Samuel Gompers in an address urges farmers' unions to unite with labor unions. Page 3 Secretary Ballinger denies rumor that he con Page 3 templates resigning from cabinet. SPORTS If felt any better I wouldn't know what to Page 10 do, says Jeffries Goldfinn wins handicap and four favorites finish first at Emeryville, Page 10 Marquis in Isotta pilots car to victory in 105 Page 11 mile race at Coalinga. Series this week to decide whether Senator Page 11 or Oaks occupy cellar. Representatives of Jeff and Johnson to discuss Page 10 referee question today. District Attorney Donahue finds law not clear on what is a prize fight. Page 10 Best oarsmen about the bay to participate in regatta of amateur clubs. Page 10 Aeroplane driven by Charles K. Hamilton routs auto racer on Georgia track. Page 10 Jockey Carroll Shilling reinstated by New York jockey club after suspension. Page 10 E. Simpson. tail ender in the pool tourney, Pake surprises by defeating leader. R. P. Prentiss and R. J. Fraser win honors of Page 11 National revolver association. Mechanical Arts and Lowell school athletes Page 10 plan dual track meet Saturday. Cincinnati National league game protested by both sides though Cincinnati won. Page 11 MARINE Trans-Pacific passenger travel is growing in volume. Page 15 NEW BILL CREATES


Article from The Spokane Press, May 3, 1910

Click image to open full size in new tab

Article Text

dar and Ends In the birth record yesterday two boys and two girls were reported. LONDON.-Countess Szechenyl formerly Miss Gladys Vanderbilf, has lost a casket of jewels valued at $40,000. according to a dispatch from Vienna. OLYMPIA.-Census count has been very slow, and It is not probable that the reports will indicate a population of more than 7000, although the school census showed 10,000. Eve-Adam, if you don't behave yourself. I'm going right home to my mother. Adam-Aw, g'wan. You ain't got no mother. Fourteen building permits were Issued yesterday, mostly for small buildings. KENNEWICK Wash.-G. Garber has a table with leaves which have started buds. A wicker table was purchased in the winter. A short time ago its gilt finish began to scale off and soon tiny buds began to appear through each crack in the paint. Belated death reports numbering 10 were received at the city health office yesterday. LOS ANGELES, May 3.-A run on the Los Angeles all night and day bank started shortly after noon yesterday. Hundreds of depositors jammed the building and filled the streets. LOS ANGELES,-A baker on the receiving ship Independence threw himself overboard and stuck head foremost in the mud at the bottom. Robert Wade, a coal heaver, thrust a boat hook down and hauled him up again. It's a 10 to 1 bet that Carrie Nation made a few notorious restaurant men ponder a bit last night


Article from Daily Capital Journal, May 3, 1910

Click image to open full size in new tab

Article Text

RUN STARTS ON LOS ANGELES DAY AND NIGHT BANK Los Angeles, Cal., May 3.-A run on the Los Angeles All Night and Day bank started shortly after noon Monday. Hundreds of depositors jammed the building and filled the streets. A long line which was formed grew constantly. The All Night and Day bank is the only institution of its kind in southern California. It was organized a year ago under the state banking laws. It recently was refused membership in the Los Angeles clearing house. President Skinner of the All Night and Day bank, declared confidently that the institution would weather the run. He opened the bank's books to the newspaper men, after declaring there was $80,000 in the vault. He pointed more than $600,000 on deposit with four banks within four blocks of the All Night and Day bank, making a total of available cash in excess of $700,000. The deposits of the bank are more than $1,000,000. Skinner stated that many of the deposits were time deposits and that the bank can command sufficient coin immediately to satisfy any possible demand.


Article from Newark Evening Star and Newark Advertiser, May 4, 1910

Click image to open full size in new tab

Article Text

# LOS ANGELES BANK RUN # ENDS AFTER TWO DAYS LOS ANGELES, Cal., May 4.-A two-day run on the all night bank ended last night. The line of hundreds of depositors who had stood continuously for thirty-six hours melted almost as suddenly as it formed. Before midnight many thousands of dollars withdrawn only a few hours before had been redeposited.


Article from Daily Arizona Silver Belt, May 4, 1910

Click image to open full size in new tab

Article Text

All Night Bank Withstands Run After Two Days Gold Begins to Flow Back on Good Report of Bank Commissioner LOS ANGELES, Cal., May 3.-The two-day run on the All Night and Day bank ended tonight. The line of hundreds of depositors who had stood continually for thirty-six hours, melted almost as suddenly as it had formed. Sentiment, reversed, and instead of flowing out, the stream of gold began coming in. Before midnight, many thousands were re-deposited. The announcement of Alden Anderson, state bank commissioner, that the institution was solvent reassured the anxious patrons. Anderson's statement was published in the afternoon papers, and as soon as the purport became known to the anxious crowds the line that skirted the curbs for blocks beyond the bank doors faded away. At 8:15 o'clock wholesale withdrawals ceased. Policemen present to maintain order were sent back to the station, the doors were thrown open, and, after that, the tellers at the receiving station became busy for the first time since Saturday.


Article from The Salt Lake Tribune, May 4, 1910

Click image to open full size in new tab

Article Text

BOYS MAKE MONEY OUT OF RUN ON BANK LOS ANGELES, May 3.-Maintaining their weary vigil on chairs, boxes or even the hard curbstones, a long line of depositors camped throughout the night on the street before the All-Night and Day bank, on which a "run" was started yesterday. A section of the thoroughfare had been roped off and coffee and sandwiches were provided by the bank management. President Skinner of the bank asserted today that the funds of the institution had been depleted only a few thousand dollars because of the "run." Assurances by State Bank Examiner Anderson that the bank was solvent allayed the fears of the depositors to some extent, but did not diminish the numbers of those in line. Pretending that they were depositors, numbers of men and boys did a thriving business during the night by selling their places in the line to the highest bidder. As high as $25 was paid for a place near the head. The two-day run on the All-Night and Day bank ended tonight. The line of hundreds of men and women depositors who had stood continuously for thirtysix hours melted almost as suddenly as it had formed yesterday morning. Before midnight many thousands of dollars withdrawn but a few hours before had been redeposited. The announcement of Alden N. Anderson, state bank commissioner, that the institution was solvent, reassured the anxious patrons, At 6 o'clock the wholesale withdrawals had ceased. The police who were present to keep order were sent back to the station house, the doors were thrown open. and after that the tellers at the receiving windows became busy for the first time since Saturday. According to the statement issued tonight by Newton Skinner, president of the bank, the bank now lacks less than $100,000 of the $1,250,000 of deposits which it had when the run started. At midnight President Skinner, Cashier Connor and other officers of the bank went home to take the first sleep they have had since Sunday night.


Article from The Daily Ardmoreite, May 5, 1910

Click image to open full size in new tab

Article Text

Run on Night Bank. Los Angeles, Cal., May 5.-Maintaining their weary vigil on chairs or boxes, a long line of depositors camped throughout the night on the street before the All Night and Day bank, on which a "run" was started yesterday. A section of the thoroughfare had been roped off and said: wiches were provided by the bank management. President Skinner, of the bank, as. serted today that the funds of the institution had been depleted only a few thousand dollars being left because of the "run." Assurance of


Article from Los Angeles Herald, October 14, 1910

Click image to open full size in new tab

Article Text

MAY CHANGE DIRECTORATE ALL NIGHT: AND DAY BANK Report Represents Institution Is Operated at Loss A reorganization of the directorate of the All Night and Day bank is contemplated in a petition filed in Judge Conrey's court yesterday by the Title Insurance and Trust company, receiver for 1155 shares of the bank's stock. This report represents that the bank is being operated at a daily loss of $100, or $3000 a month; that its affairs are improperly managed and conducted, and its capital seriously impaired under the present management. Permission was granted for the receiver to vote the 1155 shares of stock at a stockholders' meeting scheduled for today, to secure a new management and a new board of directors. The matter is an outgrowth of the recent suit of Hugh Blue, trustee, against the All Night and Day bank, in which Blue obtained an order for the transfer of the stock certificates from the names of former stockholders to his own. Subsequently the receiver was appointed to hold the stock pending the outcome of an appeal to the supreme court. The receiver alleges that W. J. Conner, secretary of the bank directors, refused to call a meeting, and therefore the receiver caused one to be called, set for today. The purpose of the meeting will be to remove the present directors, including Newton J. Skinner, president, and to put in a new board. The stock held by the receiver represents a majority of the issued stock of the concern.


Article from Los Angeles Herald, October 14, 1910

Click image to open full size in new tab

Article Text

MAY CHANGE DIRECTORATE ALL NIGHT: AND DAY BANK Report Represents Institution Is Operated at Loss A reorganization of the directorate of the All Night and Day bank is contemplated in a petition filed in Judge Conrey's court yesterday by the Title Insurance and Trust company, receiver for 1155 shares of the bank's stock. This report represents that the bank is being operated at a daily loss of $100, or $3000 a month; that its affairs are improperly managed and conducted, and its capital seriously impaired under the present management. Permission was granted for the receiver to vote the 1155 shares of stock at a stockholders' meeting scheduled for today, to secure a new management and a new board of directors. The matter is an outgrowth of the recent suit of Hugh Blue, trustee, against the All Night and Day bank, in which Blue obtained an order for the transfer of the stock certificates from the names of former stockholders to his own. Subsequently the receiver was appointed to hold the stock pending the outcome of an appeal to the supreme court. The receiver alleges that W. J. Conner, secretary of the bank directors, refused to call a meeting, and therefore the receiver caused one to be called, set for today. The purpose of the meeting will be to remove the present directors, including Newton J. Skinner, president, and to put in a new board. The stock held by the receiver represents a majority of the issued stock of the concern.


Article from Deseret Evening News, October 15, 1910

Click image to open full size in new tab

Article Text

TAKES CHARGE OF L. A. ALL NIGHT AND DAY BANK I Los Angeles, Cal., Oct. 15.-Alden Anderson, state superintendent of banks, took charge last night of the All Night and Day bank. His action was the climax of litigation extending over a period of several months and centering in an effort to oust President Newton J. Skinner and the other officers of the Institution. The bank is solvent, according to the superintendent's announcement and the depositors will not lose anything. If the differences are not settled the bank's holdings will be liquidated. The litigation followed a run several months ago, Skinner and M. J. Conner, the cashier, deposited a majority of the bank stock to secure loans aggregating $90,000 obtained from L. C. Brand, president of the Title Guarantee & Trust company and others. The loans were called and Skinner and Conner did not satisfy the claims. Upon the authority of the superior court, a stockholders' meeting was called yesterday at which Brand was elected president. Skinner refused to surrender control and Mr. Anderson thereupon assumed charge. The bank is capitalized at $200,000.


Article from Los Angeles Herald, October 15, 1910

Click image to open full size in new tab

Article Text

NIGHT AND DAY BANK IS CLOSED State Superintendent Takes Charge-Declares All Deposits Absolutely Safe SKINNER HAS GUN HANDY Deposed President Was Prepared to Hold Fort with Arms and Ammunition The All Night and Day bank was closed at 10 o'clock last night by order of Alden Anderson, superintendent of banks of California. Mr. Anderson, who arrived in Los Angeles yesterday, said last night that the bank was solvent and there was no danger of the depositors losing their money. The bank was closed, he said, for the protection of the depositors and would probably remain closed for several days until the adjustment of the management of the bank. The controversy between Newton J. Skinner, president of the bank, and a newly elected board of directors, who, it is alleged, would oust him from the presidency, is given as the direct cause of the closing of the bank. It was stated last night that Skinner and his associates had taken means to hold their quarters by stocking the bank with arms and ammuniation. Skinner worked at his desk last night with a revolver within easy reach. Several men were employed by him, it is said, to guard the building and keep out what he termed "the undesirable element.' Alden Anderson, in a statement to The Herald last night, said: 'Thave kept in close touch with the affairs of the bank long before the run on it and I am in a position to say that it is perfectly solvent and that there is not the slightest danger of any one losing any money they have deposited there. Its total deposits on hand are $945,000. I have locked it in the safe. There is not the slightest suspicion of any irregularity in the financial affairs of the bank. It loans have been conservative. MUST BE ONE HEAD "I merely closed the bank because there were two sets of officials giving orders and it was to the interest of the depositors and in line with my duty to close the institution until matters had been adjusted. The bank probably will remain closed two or three days, I can not say positively. There must be one head to the bank when it opens." Mr. Skinner, in a statement to The Herald last night, said he believed an injustice had been done himself, the bank and the depositors by Mr. Anderson's action. "It was hasty and without notice to ourselves and one thing I can not understand is why Mr. Anderson spent the afternoon with the new board of directors, who were elected at a rump convention, and who desire to oust me from the management of the bank, and why these same men were appointed by Mr. Anderson tonight to guard the doors of the bank and assume temporary charge of the building," said Mr. Skinner. 'According to article 134 of the banking laws there is provision to the effect that if the superintendent of banks believes a bank has done anything not in accord with good banking he shall serve written notice on that bank to show cause before him at a certain time and place to be fixed by him why such an act was done and why the law has not been obeyed. We have had nΓ³ such notice, but were jumped on like a shot out of a gun. "I will be in communication with my counsel, although I am an attorney myself tomorrow, and as soon as papers can be drawn up will file application to force him to open our doors.' The closing of the doors of the bank last night attracted a crowd, and depositors were soon clamoring for admittance. A strong guard had been placed in the building and around the outside, however, both by Anderson and Skinner. It was rumored earlier in the eventhat the newly elected board of directors intended to enter the place by force and assume charge of affairs, and this is what caused Skinner to place armed men about the building.


Article from The Evening Standard, October 15, 1910

Click image to open full size in new tab

Article Text

LOS ANGELES BANK IS CLOSED BY LITIGATION Los Angeles, Cal., Oct. 15.-Alden Anderson. state superintendent of banks, took charge last night of the All-Night & Day bank. His action was the climax of litigation extending over a period of several months and centering in an effort to oust President Newton J. Skinner and the other officers of the institution. The bank is solvent, occording to the superintendent's announcement, and the depositors will not lose anything If the differences are not settled, the bank's holdings will be liquldated The litigation followed a run sev. eral months ago. Shinner and M. J. Conner, the cashier, deposited a majority of the bank stock to secure loans aggregating $90,000 obtained from L. C. Brand, president of the Title Guarantee & Trust company and others. The loans were called and Skinner and Conner did not satisfy the claims. Upon the authority of the superior court a stockholders' meeting was called yesterday at which Brand was elected president. Skinner refused to surrender control and Mr. Anderson thereupon as sumer charge. The bank is capitalized at $200,000.


Article from Los Angeles Herald, October 16, 1910

Click image to open full size in new tab

Article Text

STATES REASONS FOR CLOSING BANK Anderson Says Capital Stock of Night and Day Institution Impaired ASSERTS DUE WARNING GIVEN Business May Be Closed Permanently-Assets Are Ample to Pay Depositors in Full An impairment in the capital stock of the All Night and Day bank, discovered eight months ago, and the failure of President Skinner and Cashier Connor to comply with his orders by putting up enough money to remove the impairment, after repeated warnings, was given by Alden Anderson, state superintendent of banks, yesterday, as his reason for closing the doors, of the institution Friday, night. In reply to Skinner's accusation that he had closed the bank without warning, Mr. Anderson said yesterday: "I did not act hastliy in the matter. I carefully considered every phase of it before I acted. Eight months ago, when Skinner was in the east, I. discovered an impairment in the capital stock. I notified Corron, but save for shifting accounts and book entries there was nothing done in compliance with my orders. I warned them four days ago that they must put up the money or I would close the bank. "I have been in constant touch with the affairs of the bank and have had a man watching things long before the run on the bank some months ago. I was familiar with every phase of the situation. After I had warned them that they must remove the impairment in the capital stock they knew the fate that was awaiting them if they did not make good the shortage. TAKING NO CHANCES "I did not and do not want to tie up the depositors' money, but I will not take the chance of them losing it. "I have closed fourteen banks and I cannot afford to make a mistake anywhere. "I will be forced to close the institution permanently if the old officials maintain control, for they have been unable to comply with my orders. "If the court rules in favor of the officers elected at the meeting Friday, and they put up the money necessary to comply with my orders, then I may allow the bank to reopen." Skinner and Connor, deposed president and cashier of the institution, were not in the bank yesterday afternoon. Connor is said to have been in a hysterical condition Friday night, following the closing of the bank, and to have been confined to his home Saturday. Little groups of disconsolate depositors gathered in front of the bank building at Sixth and Spring streets yesterday and stared vacantly at a notice plastered on the doors, reading: "Closed by the state superintendent of banks until further notice." Mr. Anderson said yesterday that it is probable the bank will be opened in several days. He added that despite the impairment of capital which he discovered, depositors will lose nothingthat the bank's assets are ample to pay them in full. 1++


Article from Los Angeles Herald, November 18, 1910

Click image to open full size in new tab

Article Text

RECEIVER OF BANK IS DISCHARGED BY COURT All Night and Day Institution Figures in Three Legal Proceedings Court porceedings involving the All Night and Day bank yesterday were the discharge of the receiver of the institution, the dismissal of a notice of appeal in the matter and the filing of a suit for damages against the concern. Judge Conrey discharged the, Title Insurance and Trust company as receiver in the action of Hugh Blue, trustee, against the bank, asking no accounting of its management. It was ordered only to return to the bank the certificate for the 1155 shares of capital stock in the concern, which has been the bone of contention between two financial factions fighting for the control of the institution, and which left the possession of the original directors of the bank when it was pledged to secure a loan of about $120,000. It was because of the loan, which never was returned, and the consequent sale of the stock, that the suit of Hugh Blue, who as trustee bought the stock, against the old directors of the bank, headed by Newton J. Skinner, president, was begun. Then followed various other actions in which the Skinner faction was opposed to the new set of officers, headed by L. C. Brand. The dismissal of the notice of appeal in the case of Blue against the bank, in which he sought to have the old officials credit him on their books with the 1155 shares of stock; the discharge of the receiver; the return of the stock, as Blue desired, to the bank, and the recent decision of Judge Hervey to the effect that the new directors are in rightful possession of the institution, indicate that there is at least a temporary cessation of hostilities. The suit for damages against the institution filed yesterday was that of E. Milton White, he asking $1000 because the bank is alleged not to have cashed a check he drew upon it. White, who is a mining engineer and the superintendent," general manager and, acting treasurer of the Warrior Copper company, the property of which is situated at Black Warrior, Ariz., claims he had more than enough funds in the All Night and Day bank September 11, 1910, when he drew a check for $40 in favor of Mrs. M. L. White and caused it to be delivered to her at her residence in Philadelphia. She indorsed it and gave it into the Centennial bank of Philadelphia for collection. That institution forwarded it to the Crocker National bank in San Francisco. That concern sent it to the First National bank of Los Angeles. A representative of the last named institution called at the All Night and Day bank to have it cashed, only, it is alleged, to be refused on the ground that White did not have sufficient funds in the bank to cover the check. The check was returned from the All Night and Day bank to the First National bank; from there to the Crocker National bank. and from there to the Centennial National bank. That institution gave it a kick in the direction of Mrs. White, and she gave it another buffet by returning it to White, the drawer. White declares he has been dishonored because of the coldness with which his check has been treated, and that he has been to great expense to right matters. He wants $1000.


Article from Los Angeles Herald, November 18, 1910

Click image to open full size in new tab

Article Text

FOMA For Los Angeles and vicinity: Cloudy Friday; light north wind, changing to south. Maximum temperature yesterday, 65 degrees; minimum temperature, 51 degrees. LOS ANGELES Former Senator W. A. Clark notifies Y. W. C. A. of purchase of site on which PAGE 1 girls' home will be built. General Passenger Agent Peck of Salt Lake route predicts orange crop will be record PAGE 4 breaker. Tax Collector Taggart expects collections of more than $2,500,000 within week. PAGE 4 Italian thinks he is poisoned when given piece of pumpkin by pretty girl; analysis of food discloses man's mistake. PAGE 1 District Federation of Women's Clubs discusses Los Angeles' milk supply. PAGE 5 "Bundle of sticks" of Odd Fellows will arrive in Los Angeles tomorrow evening PAGE 8 from Santa Paula. Education discussed by prominent men at dinner given for Y. M. C. A. officer. PAGE 8 Mayor and fire commissioners to strongly oppose ordinance allowing vertical fire PAGE 8 escapes on office buildings. Dr. Todd wins suit for recovery of $60,000 worth of property from his wife. PAGE 8 Three aunts of Miss Mary Green, who left estate of $150,000, have suit over distribΓΊtion dismissed. PAGE 8 First meeting of the newly appointed city and county consolidation commission is PAGE 9 to be held Saturday. Meyer Lissner, chairman of the Republican state central committee, returns to Los Angeles and discusses recent campaign. PAGE 9 Court rules that "Go to hell" is not proPAGE 9 fanity. Mrs. Carrie Hollman of Gardena informs police husband disappeared with $1300 of her money. PAGE 9 Conference of city officials fails to settle controversy over sale of aqueduct bonds. PAGE 9 Fire causes damage of $5000 to $10,000 in PAGE 11 Broadway store. Receiver of All Night and Day bank discharged by court. PAGE 11 Master of bark who permitted escape of aliens being deported is held for trial. PAGE 11 Crowd cries "Lynch him!" while pursuing Japanese. PAGE 16 Roy Knabenshue says Ralph Johnstone, dead aviator. exceeded orders. PAGE. 3 Romance and mystery enter into the search made in this ctly for "Billie" Dunn. PAGE 6 Aged father of Dr. Crippen, convicted of slaying his wife in London, facing PAGE 16 death from pneumonia.