Dime Savings Bank (New Brunswick, NJ)

Episode Information

Episode UID
758027591035
Episode Type
Suspension โ†’ Closure
Bank Type
savings
Bank ID
75802759 hash
Start Date
March 11, 1886
Location
New Brunswick, New Jersey (40.486, -74.452)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
68230df633a9d485

Response Measures

None

Description

Suspended for embezzlement and wound up by managers/committee rather than continuing normal business.

Events (1)

1. March 11, 1886 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Heavy defalcation/embezzlement by Secretary and Treasurer Arthur G. Ogilby (short about $75,000โ€“$90,000), prompting state order to close.
Newspaper Excerpt
The doors were closed this morning by orders of the Secretary of State.
Source
newspapers

Newspaper Articles (19)

Article from The Indianapolis Journal, March 12, 1886

Click image to open full size in new tab

Article Text

WHEN BANK FAILURE IN NEW JERSEY. Buspension of the Dime Savings Bank of New Brunswick, Caused by Defalcation. NEW BRUNSWICK, N..J., March 11.-The Dime Savings Bank, of this city, is in trouble. The doors were closed this morning by orders of the Secretary of State. The directors of the bank are now in session, but positively refuse to give any information as to what the trouble is. Arthur'G. Ogiesby, the secretary and treasurer, it is rumored, is short in his accounts to the amount of $80,000. Mr. Ogilvie is prostrated at his home, and cannot be seen. No man in the city has borne a higher reputation for financial integrity. W. P. Voorhees, one of the directors, and counsel for the board, returned this afternoon from New York, with an order from Chancellor Runyon restraining the board from receiving deposits or paying out money, and commanding them to report immediately the condition of the bank to him. The order was granted upon the petition of the directors, who assert the bank's inability to pay on its deposits. The last statement of the bank was made Jan. 1, 1886. Its surplus was then only $3,556.77. Its deposits amounted to $166,750. Its securities were largely in bonds and mortgages. The institution was never considered especially strong, but its credit was never questioned until at the time of the failure of the National Bank, of this city, in August, 1884, when rumor prevailed concerning its insolvency. Investigation reveals the fact that the directors cannot be held responsible for whatever deficiency may be found. While Treasurer Ogilvie was under bonds for $5,000, it is acknowledged by counsel for the bank that the deficit is $80,000. Mr. Ogilvie's residence is under surveillance of the police. It is thought that he will not survive the night. The depositors in the bank are mostly operatives in the mills and factories of the city. President Langdon asserts that on Feb. 20 he handed his resignation as president and director of the bank to Mr. Ogilvie, not being satisfied with its management. Mr. Ogilvie never made known the fact of his resignation to the other directors. Mr. Langdon now disclaims any responsibility in connection with the failure. In an interview with an Associated Press reporter, to-night, he said that the first intimation the directors had of the defalcation was on Sunday night, from words dropped by Treasurer Ogilvie in his delirium. On Tuesday night a committee visited the bank, and found bonds end securities missing. The January statement of the bank was published entirely on Mr. Ogilvie's authority, and was never vouched for by the directors. Mr. Ogilvie, some nights ago, closed up the account of the Citizens' Building and Loan Aassociation, and it is surmised that some of the bank's funds went toward squaring up accounts there.


Article from New-York Tribune, March 12, 1886

Click image to open full size in new tab

Article Text

A TALK WITH THE SECRETARY OF STATE. THE MANAGERS THINK THE MONEY HAS BEEN STOLEN SINCE LAST AUGUST. TRENTON, March 11 (Special).-Mr. Kelsey, Secretary of State, returned to-night from New Brunawick. He says in relation to the Dime Savings Bank there: "Its statement a year ago last January showed deposits of $168,000 with only $2,000 surplus. I thought it weak and watched it closely. Its annual statement for the year ending December 31, 1885. did not come to hand in a reasonable time as required by law. and I wrote for it. I received no answer and wrote several times more with no better result. On Monday I found that the report had not yet been received and sent a peremptory telegram requiring it to be forwarded at once. The previous letters. it seems, had been received and destroyed by Ogilby. The telegram, he being sick, fell into the hand of the managers and set them to investigating. They found the safe robbed of every negotiable security and $79,000 of the bank's assets gone. They telegraphed me and I went over on the first train this morning and being told the condition of the bank ordered it closed. The managers wave me a personal pledge that Ogiloy should not be allowed to escape. With their counsel I went before the chancellor and got an injunction suspending the bank. which will be followed, I think. by an order appointing a receiver to wind up the institution. The Board of Managers are good men, but like everybody else they supposed Ovilbv was incorruptible. They believe now that he stole the money to settle up old debts with and that he has not been speculating. They used to keep all their securities in the First National Bank. When Cashier Hill cleaned that institution out he shared the Savings Bank funds. The managers then bought a safe of their own with a time lock and all the other protective appurtenances and kept their securities in it. They say that they think all the stealing has been done since August. The bank was all right on January 1 1885, and it must all have been taken since then."


Article from New-York Tribune, March 12, 1886

Click image to open full size in new tab

Article Text

A. G. OGILBY A DEFAULTER. INSANE AT HIS HOME IN NEW-BRUNSWICK. HIS ACCOUNTS WITH THE DIME SAVINGS BANK OF THAT CITY SHORT ABOUT $75,000. The Pennsylvania Railroad train which arrives in New-Brunswick from this city about 5 o'clock in the afternoon had scarcely reached that station yesterday when a respectable-looking business man jumped from it and rushing up to a bystander excitedly inquired: " It is stated in New-York that the Dine Savings Bank has suspended, and that the treasurer of it. Arthur G. Ogilby, is a defaulter to the extent of $80,000. Is this true 1" It is the first I've heard of it," was the answer, but let me go and investigate It" They did 80 and found that the report was correct. This incident illustrates one of the most pecullar features of the disaster-the slowness with which the news of the suspension travelled. The bank practically suspended two days ago. Early on Wednesday morning John Wyckoff, the assistant secretary, informed the patrons of the institution as they appeared that Mr. Ogilby was absent and that in his absence he could neither receive nor pay out money. such WH8 the confidence of almost every. body in Mr. Ogilby that only one depositor ventured to ask what the matter was. The only satisfaction that he received was au admonition to keep quiet. He did so and went on his way, if not rejoicing yet certainly without auy suspicions in regard to the solvency of the bank. It was not until yesterday morning that the fact of the failure because known to any extent and even then it failed to produce any marked sensation or outward demonstration. A good many bank books were presented and a settlement asked, which, of course, was denied. The holders were told that if everything went well they would probably get what was due their in thirty or sixty days, and this seemed to satisfy all. The nearest approach to a run occurred about noon, when a dozen stalwart workmen entered the room and quietly demanded their money. The same answer was given them and they at once returned to their work. The first real suspicion that something was wrong with the bank was entertained on Monday. A report that Mrs. Arthur G. Ogilby. wife of the treasurer, was dangerously ill came to the ears of Williard P. Voorbis, who 18 the attorney of the bank. and he called at her husband's office to inquire about it. He was informed by Mr. Wyckoff that it was not Mrs. Ogilby but Mr. Ogilby who was almost out of his mind. Is anything wrong here at once asked the law yer. "That I don't know," answered the assistant. The officers a 8 the bank are, besides Mr. Ogilby and Mr. Wyckoff, at follows: President, James P. Langdou: board of managers, Adrian Vermenle, Dr. Henry R. Baldwin, Runyan R. Outcalt, Henry McMurtry and Philip Kuhlthan. Ou Thursday Mr. Voorhie, Mr. Langdon and Dr. Baldwin opened and examined the contents of the safe. A hurried investigation aboved that there was a deficiency in the treasurer's accounts of at least $75,000. They 1mmediately decided to receive no more deposits and to enforce the rule requiring notice to be given by all who wished to draw out money. According to this, sums under $100 would not be paid for a month, and amounts above $100 would not be payable until July Under this arrangement the bank was kept open on Wednesday and yesterday, as the officials believed they had a right to do. The petition of the managers asking for the privilege of suspending business until further orders of the court was presented to Chancellor Runyon yesterday and granted by him. A receiver will doubtless be appointed in a few days or as soon as the Chancellor is satisfied that the institution is really in insolvent. The Dime Savings Bank was incorporated in 1871 by Levi D. Jarrard, Lyle Van Nius, Jaines P. Langdon and others. Jarrard afterward became County Treasurer and absconded with some of the public funds. He was captured, however, and 18 now in State Prison serving out his sentence of ten years at hard labor. The bank did not prosper at first and in about two years became badly involved. It was then that Mr. Ogilby was induced to take charge of it. He was at that time one of the most efficient business men of the place and was looked upon as the embodiment of integrity. Under his management the bank grew and proapered until Its de positors numbered over 1,200. mostly mechanics and shop girls. As secretary and treasurer he had entire control of the bank, employing only oue assistant, Mr. Wyckoff. He did not receive any salary for his services, but supported his family from the large insurance business which he carried on. Everything went ongsmoothly until about three weeks ago, when some inquiry began to be made by the managers as to why Mr. Ogilby had not published his annual statement, which should appear on February 1. It was not until two days after this date that Mr. Ogilby published the following:


Article from Wheeling Register, March 12, 1886

Click image to open full size in new tab

Article Text

A BANK IN TROUBLE. The Dime Savings Bank of New Bruns. wick, N. J., Suspends. NEW BRUNSWICK N. J. March 11.-The Dime Savings Bank of this city is in trouble. The doors were closed this moreing by orders of the Secretary of State. The directors of the bank are now in ses sion. They positively refuse to give any information as to what the trouble 18. Ar thur G. Ogleby, Secretary and Treasurer, it is rumored, is short in his accounts. The amount of the shortage is stated to be $80,000. Mr. Ogilvie is prostrated at his home and cannot be seen. No man in the city has born a higher reputation for financial integrity than he. William P. Voorhees, one of the directors and counsel for the board, returned this afternoon from Newark with an order from Chancellor Runyon restraining the board from receiving deposits or paying out money, and commanding them to report immediately the condition of the bank to him. The order was granted upon a petition of the directors who assert the bank's inability to pay interest on its deposits. The institution was never considered especially strong, but 118 credit was never questioned until at the time of the failure of the national bank in this city in August, 1884, when rumors prevailed concerning its solvency.


Article from St. Paul Daily Globe, March 12, 1886

Click image to open full size in new tab

Article Text

Swallowed Up by Wall Street. NEW BRUNSWICK, N. J., March 11.The Dime Savings bank of this city has suspended owing to a heavy defalcation by its treasurer. Investigation reveals the fact that the directors cannot be held responsible for whatever deficit may be found. While Treasurer Ogilby was only under bonds for $50,000 it is acknowledged by counsel for the bank that the deficit is $90,000 and may reach $100,000. Mr. Ogilby's residence is under the surveilance of the police. It is thought that he will not survive the night. At the charter election last spring Lewis R. Dunham, who had been city treasurer, was deposed and Arthur G. Ogilby was chosen. In February, 1886, he resigned and only with great reluctance was his resignation accepted. It is remembered now that Mr. Ogilby's statements as treasurer of the bank were not sworn to and audited by the directors. The 1,250 depositors in the bank are mostly the operatives in the mills and factories of the city. Wall street is supposed to have swallowed the money, which has all been taken within a year. President Langdon asserts that on Feb. 20 he handed his resignation as president and director of the bank to Mr. Ogilby, not being satisfied with his management. Mr. Ogilby never made known the fact of this resignation to the other directors. Mr. Langdon disclaims any responsibility in connection with the failure.


Article from Evening Star, March 12, 1886

Click image to open full size in new tab

Article Text

New Brunswick's Broken Bank. NO NEW DEVELOPMENTS TO-DAY. NEW BRUNSWICK, N. J., March 12.-There are no new developments in the Ogilby case. The board of directors of the Dime Savings bank met last night and continued in session until midnight. They prepared as far as possible a statement for Chancellor Runyon of the bank's condition. Willard P. Voorhees, counsel for the bank, says that the amount taken by Ogilby is about $80,000. Ogilby is still in a precarious condition. according to the statements of friends and physicians.


Article from The Memphis Appeal, March 12, 1886

Click image to open full size in new tab

Article Text

AN INSOLVENT CONCERN. THE DIME SAVINGS BANK OF NEW BRUNSWICK, N. J., Closed by the Secretary of StateHeavy Shortage in Its Finances. NEW BRUNSWICK, N. J., March 11.The Dime Savings Bank of this city is in trouble. The doors were closed this morning by order of the Secretary of State. The directors of the bank are now in session. They positively refuse to give any information as to what the troubleis. Arthur C. Oglilvie, the secretary and treasurer, it is rumored, is short in his accounts to the amount of $60,000. MR. CGILVIE is prostrated at his home, and cannot be seen. No man in the city has borne a higher reputation for financial integrity than he. Willard P. Voorhees, one of the directors and counsel for the board, returned this afternoon from New York with an order from Chancellor Runyon restraining the board from receiving deposits and paying out money, and commanding it to report immediately the condition of the bank to him. The order was granted upon a petition of the directors, who assert the bank's inability to pay interest on its deposits. THE LAST STATEMENT of the bank was made January 1, 1886. Its surplus then was only $3556 77. Its deposits amounted to $166,750. Its securities were largely in bonds and mortgages. The institution was never considered especially strong, but its credit was never questioned until at the time of the failure of the National Bank of this city in August, 1884, when rumors prevailed concerning its insolvency. INVESTIGATION reveals the fact that the directors cannot be held responsible for whatever deficit may be found. While Treasurer Ogilvie was only under bonds for $5000, it is acknowledged by counsel for the bank the deficit is $80,000, and may reach $100,000. Mr. Ogilvie's residence is under surveillance of the police. It is thought that he will not survive the night. At the charter election last spring Lewis R. Dunham, who had been City Treasurer, was deposed and A. G. Ogilvie chosen. On February 20, 1886, he resigned and only with great reluctance was his resignation accapted. It is remembered now that Mr. Ogilvie's statement a3 treasurer was not sworn to and audited hu the a directors. The last statement of the bank was made January 1, 1886. It showed assets, bonds and mortgages, $73,280: demand leans. $36,500


Article from Union County Courier, March 17, 1886

Click image to open full size in new tab

Article Text

DOINGS AT THE EAST. AN official examination of the books of County Treasurer Hollingsworth at Vincennes, Ind., has disclosed an approximate shortage against the County Treasurer of $78,278.33. Everybody is dumbfounded at the expose. Hollingsworth was a prosperous and wealthy farmer when he took possession. What he has done with the immense sum of money puzzles everybody. The conjecture is that it has been squandered in margin gambling and in woman affairs. Ex-County Treasurer W. W. Berry has been installed in charge of the Treasurer's office. THE tug John Markel exploded her boiler in the harbor at Boston, wrecking the craft and instantly killing the crew of five men. SECOND COMPTROLLER MAYNARD has settled an important question arising from the act of April 22, 1872, which directs that every volunteer soldier who enlisted for three years prior to July 22, 1861, under the President's proclamation of May, 1861, and orders of the War Department issued in pursuance thereof, and was actually mustered into the service for three years before August 6, 1861, and who was honorably discharged shall be paid the full bounty of $100, unless already paid. The Second Comptroller holds that the bounty is payable to the heirs of every deceased soldier who, if living, would be entitled thereto, whether he died before or after the passage of the act. MRS. B. H. BREWSTER, wife of ex-Attorney General Brewster, and daughter of the late Robert J. Walker, ex-Secretary of the Treasury, died at her residence in Philadelphia, after a brief illness. A WASHINGTON newspaper publishes what purports to be an authorized publication of a friendly interview between the President and Senator Enstis, of Louisiana, in which the President is quoted as saying: "If it be true that any of my appointees are unworthy, I hope they will be rejected. It is the Senate's function to see to this. Senators are my coadjutors and advisers. They cannot be too exacting for my taste. I want no improper men in office." THE doors of the Dime Savings' Bank, at New Brunswick. N. J., have been closed by order of the Secretary of State. The directors refuse to give any information as to what the trouble is. It is rumored Arthur G. Ogilvie, Secretary and Treasurer, is short in his accounts amounting to $80,000. THE boycott which has been running in Philadelphia for eighteen months on the stoves and ranges manufactured by the Fuller & Warren Company, of Troy, N. Y., has been lifted. The firm pledged itself not to discriminate against the Knights of Labor in the future and to reinstate discharged employes. THE Committee on Foreign Affairs of the House of Representatives has under consideration the Morrow bill to suspend for twenty years the operations of the Burlin game Chinese treaty. Mr. Rice, the Re. publican member of the sub-committee, to whom the bill was referred, presented a minority report adverse to the adoption of the measure, and it was considered in connection with the majority report in favor of the bill prepared by Messrs. Cox and Mc. Creary. EX-SENATOR JEROME B. CHAFFEE, of Colorado, died of acute meningitie, at Purdy's Station, Westchester County, New York. A HORRIBLE double murder and robbery was committed at the farmhouse of John T. Everhart, near Licking Vale, in the


Article from The Wheeling Daily Intelligencer, March 17, 1886

Click image to open full size in new tab

Article Text

More Villainy Unearthed. NEW BRUNSWICK, N. J., March 16.-It is learned to-day that Miss Elizabeth Minturn, of this city, recently deposited with Arthur Ogleby, Treasurer of the suspended Dime Savings Bank, $150,000 in bonds, ber share of the estate of the late Edward Mintorn, of New York city. The bonds are now missing. The depositors of the bank are seeking to prevent the appointment of n receiver.


Article from Los Angeles Daily Herald, March 17, 1886

Click image to open full size in new tab

Article Text

A Broken Bank. NEW BRUNSWICK, N. J., March 16.It is learned to-day that Miss Elizabeth Minturn, of this city, recently deposited with Arthur Ogilby, treasurer of the suspended dime savings bank, $15,000 in bonds, her share of the estate of the late Edward Minturn, of New York city. The bonds are now missing. The depositors of the bank are seeking to prevent the appointment of a receiver.


Article from Wheeling Register, March 17, 1886

Click image to open full size in new tab

Article Text

8 $150,000 Missing. NEW BRUNSWICK, N. J., March 16 - -It is learned to-day that Misa Elizabeth Minturn, of this city, recently deposited with Arthur Ogleby, treasurer of the suspended dime savings bank, $150,000 in bonds, her share of the estate of the late Edward Minturn, of New York City. The bonds are now missing. The depositors of the bank are seeking to prevent the appointment of & receiver.


Article from Evening Star, March 17, 1886

Click image to open full size in new tab

Article Text

Town and Country. Bill Arp, in the Atlanta Constitution. My friend and I were talking about a country life for the boys, and he said he was going to send his boys away from Atlanta and put them upon the same old farm his grandfather owned, near Decatur, where he spent so many happy days-where he worked and where he played, where he ploughed and hoed corn and cut wood and drove the wagon and went to mill, and where he hunted and fished and seined and dammed up the branch and made flutter mills and climbed trees and played bull pen and rolly hole and pull over the mark-where he went to school with his dinner bucket all fixed up so nice by his mother with fried chicken and the gizzard never omitted and old fashioned home-made sausage and two hard-boiled eggs and a little paper of salt and pepper already mixed and some beat biscuit with no soda in them and two turn-over pies on top to cap the climax of good things. "I don't believe," said he, "that I am doing my duty by my children to raise them in town, for they will never have the good time I had, if I keep them here." Well, that is so, exactly so. Of course the boys will miss a great many good things that happen every day and every night in Atlanta, but there is time enough-time enough for all that. UNABLE TO STAMP OUT AGRARIAN OUTRAGES. As the regular fortnightly meeting of the National League in Dublin yesterday, the lord mayor stated that, despite the utmost exertions of the league, it has been found impossible to entirely stop agrarian outrages in the remoter districts of the country, and he believed that nothing would ever prevent their occur-rence until the country had its land system placed on an entirely different basis from that it now rested on. Continuing, his lordship said he had reason to believe that Mr. Gladstone meant to heal the long-standing trouble of the Irish people. The very threats which the Orangemen made to resist home rule, if it should be accorded Ireland, justified that feeling entertained towards them and their English supporters by the great bulk of the Irish people, and which was sometimes pronounced to be "disloyalty." SIX NEW CARDINALS TO BE CREATED. It is officially announced from Rome that at the consistory to be held on April 12 next, the following dignitaries of the church will be made cardinals: Archbishop Taschereau, of Quebec; Archbishop Gibbons, of Baltimore; Mgr. Ferrata, Nuncio at Vienna; Mgr. DeRende, Nuncio at Paris; Mgr. Rampollo del Tindaro, Nuncio at Madrid; Mgr. Massela, formerly Nuncio at Lisbon. The Bahama islands, which have hitherto been in the Catholic diocese of Charleston, will henceforth be in the diocese of New York. OGILBY GETS AWAY WITH $150,000 IN BONDS. It was learned yesterday that Miss Elizabeth Minturn, of New Brunswick, N. J., recently deposited with Arthur Ogilby, treasurer of the suspended Dime Savings bank, $150,000 in bonds, her share of the estate of the late Edward Minturn, of New York city. The bonds are now missing. The depositors of the bank are seeking to prevent the appointment of a receiver, not caring to have any of the funds diminished by the expenses connected with a receivership. VISCOUNT HINTON SENT TO JAIL. Viscount Hinton, the scapegrace son of Earl Poulette, and who, to revenge himself upon his father for refusing to pay the young man's debts, recently took a circus to Crewkerne, the village in which is the earl's seat, advertising it as "Viscount Hinton's unrivalled show," was sentenced yesterday to one year's imprisonment at hard labor for obtaining goods by false pretences.


Article from The Weekly Elko Independent, March 21, 1886

Click image to open full size in new tab

Article Text

[From Saturday's Daily.] SALMAGUNDI. Rain and bluster all day proclaim that March is still with us. Ed Lafferty came down by private eonveyance from Tuscarora to-day. W.C. Price came down by private conveyance from Tuscarora yesterday. The United States Circuit Court, Judge Sawyer presiding, will convene at Carson on the 15th instant-next Monday. The Dime Savings Bank of New Brunswick, N. J., is short $80,000, and has suspended by order of the Secretary of State. Alex. McLaughlin, of Sprucemont and A. M. Vanderlip, of Cherry Creek, came down from Wells this morning; the latter continuing westward by the train. Joe Simpson has made arrangements to start a white labor steam laundry next door to his boot and shoe shop, opposite the hotel, Monday. Look out for his ad. next week. A nephew of Jules Verne, a student at Paris, went to Amiens, the home of his uncle, Thursday, and fired two shots at the novelist, one inflicting a slight wound in his leg. The young man is thought to be a monomaniac. Congressman Woodburn says that the Nevada Legislature had no authority to authorize the State Board of Examiners to act upon the claims of those having serv. in the Pah Ute war, and the latter's approval or disapproval of said claims will have no influence whatever with the Government officials in securing payment for the same. Ex-Senator Geo. E. Spencer arrived here from Spring Valley, White Pine county by the train from Wells this morning. He goes from herethis evening on a four weeks visit to the East. The Senator is now a successful rancher in Spring Valley. having been inducted into the mysteries of raising shoel, Berkshires and blooded bulls by "Cleve," his bucolic neighbor. A circular has been issued by the Superintendent of the Southern Division of the Grand Trunk Railway, ordering that hereafter all Chinese going over the road will be passed through in bond, and that the conductors will be held responsible to see that none of the Mongoliaus are allowed to stop in Canada. At the session of the Anti Chinese Convention in Sacramento Thursday, a resolution Was introduced that no man directly employing or patronizing Chinese can be placed on the Committee on Resolutions. This led to an excited and long debate. The resolution was finally carried unanimously. The Chairman read the following telegram from Governor Stoneman: "Accept regards and best wishes for the success of the convention and its deliberations. Positive previous engagements prevent my being with you to-morrow."


Article from The Pacific Commercial Advertiser, March 22, 1886

Click image to open full size in new tab

Article Text

The Dime Savings Bank of New Brunswick, N. J., has suspended, the Secretary and Treasurer, A. G. Oglible, being a defaulter to the amount of $80,000. - Eighty inmates of the Lebanon, Pa., Almshouse have been poisoned by coffee in which Prris green had been placed.


Article from New-York Tribune, March 25, 1886

Click image to open full size in new tab

Article Text

OGILBY TAKEN TO AN ASYLUM. HE IS DECLARED TO BE INSANE-N NEW CAUSE OF FEAR FOR DEPOSITORS. NEW-BRUNSWICK. N.J., March 24 (Special).Ogilby was arrested last night by Constable Soper ou a warrant charging him with the embezzlement of funds of the Dime Savings Bank. The warrant was taken out before Justice Daly by Willard P. Voorhees. Prosecutor Rice telegraphed to Judge Scudder, who came up this morning to hear the evidence produced by Ogilby's friends with regard to his insanity. The presence of Ogilby in court was not required, but he was represented by ex-Governor George C. Ludlow, his counsel, who said that Mr. Ogilby had been arrested upon a charge of embezzlement and he wished to produce evidence that he was of unsound mind and incapable of answering the charge. The testimony of Drs. T. L. Janeway, N. Willlamson, H. R. Baldwin and J. W. Rice was then taken. They all declared they had made a careful examination of his case: believed him to be insane. Charles Ogilby also produced a certificate of his brother's insanity from Dr. Morris J. Ash, of New-York, and testi mony to strange eccentricities on the part of Ogilby wasgiven by Mrs. Morgan, Mrs. Neilson, N. G. Rutgers and other witnesses. Judge Sender ordered that Ogilby be at once placed in charge of Sheriff Convery to be conveyed without delay to the insane asylum at Trenton. This was done this afternoon at 2:30 o'clock. A close carriage was taken through an alley from Livingston-ave. to the rear of Ogilby's stable. Parting with his family was full of sorrow, but he walked with a firm step down through his back yard to the carriage. The chances of the stolen money being replaced do not now look hopeful. Mr. Voorhees says that within $12,000 of the deficit was at one time subscribed, but under the changed condition of things some of the subscribers will doubtless drop out and Mrs. Ogilby may change her mind about giving up her property. McRee Swift says that he never was on any bond for Ogilby and he does not believe there ever was any bond, as none was demanded by law. Ogilby got no pay from the bank except for room and clerk hire. About 600 of the depositors met at Masonic Hall tonight, with Charles E. Spencer as chairman and John Kelly as secretary. Dr. M. E. Gates, president of Rutgers; Professor Austin Scott, the Rev. H. W. McKnight, Postmaster Robert Carson, John McLaughlin and others spoke. They all recommended moderation and careful counsel. The bank could now pay fifty per cent and whatever is obtained above that will have to come by voluntary subscriptions of those willing to help the de positors. A resolution was unanimously adopted that the Chancelior be petitioned not to appoint a receiver. A committee of five was also appointed to consult with the manager and the subscribers to the deficiency fund to see what amount can be secured and to mature some plan for a final settlement and to report to the depositors on Wednesday evening. The committee is Professor Austin Scott, Adam E. Green, John McLaughlin, S. W. Scott and Robert Carson.


Article from New-York Tribune, March 26, 1886

Click image to open full size in new tab

Article Text

TO SETTLE THE AFFAIRS OF OGILBY'S BANK. NEW-BRUNSWICK, March 25 (Special).-The committee of depositors of the Dime Savings Bank appointed last night called on Chancellor Runyon to-day. He said that he would not appoint a receiver, but order that the managers in connection with the committee shall settle up the affairs of the bank without cost to the depesitors.


Article from New-York Tribune, June 27, 1886

Click image to open full size in new tab

Article Text

A. G. OGILBY REPORTED SANE. New-Brunswick, N. J., June 26 (Special).Considerable excitement was caused to-day by the rumor that Arthur G. Ogilby, the Dime Savings Bank defaulter, was to be brought here to-day. On Thursday Dr. Ward, of the Trenton asylum, told the bank managers and Judge Seudder that Ogilby was sane enough to answer to the law, and it was believed that be would be brought before the Judge, who must declare him sane before he can plead to the indictment or be batled. Both depots were watched and many people stood about the court house for hours until it became known that Judge Sendder. on account of illness, would not be here. Prosecutor Rice says that Ogiloy will be brought here as soon as the Judge can attend to the case. The managers of the bank say there are assets to pay another dividend of about 5 per cent an 1 that some subscriptions will be realized. Mrs. Ogilby, however, declines to give anything to the help of the depositors. or the 50 per cent dividend 1,061 depositors have received $76,374 71, and there IS yet $7,080 43 to be divided among the remaining 369 depositors.


Article from The Iola Register, December 7, 1888

Click image to open full size in new tab

Article Text

WHAT WOMEN ARE DOING. NUMEROUS petitions for municipal woman suffrage, with several thousand signers, have been sent to the Vermont Legislature. SOUTH AUSTRALIA has before its House of Representatives a bill extending suffrage to all women. married or single. who are twenty-five years of age. MRS. ELLEN MITCHELL. the only lady on the Chicago board of education, has been appointed to serve on the committees on school management, special funds and physical culture. Two ELDERLY ladies named Chubb, who have supported themselves by the needle, are, in their late years, studying astronomy, and writing intelligent letters to scientific persons on debatable points. THREE women in England hold posts as medical superintendents of the female post-office clerks; one in the general post-office, London. one in Liverpool, and one in Manchester. These were the first medical posts in the civil service granted to women. MRS. KATE TYRON, who belongs to the working newspaper fraternity of Maine, is preparing to take the lecture platform, and her elocutionary and intellectual attainments are spoken of in high terms by the Maine press. She created a sensation in the recent Methodist conference in Portland by getting up in meeting and making a spirited defense of the reporters. MRS. JOHN WELLS, of New Brunswick, N. J., when the Dime Savings Bank of that city collapsed two years ago, offered $2,000 toward alleviating the losses of the poor depositors. She has now added $1,000 more, and will buy in the accounts of the same class of depositors at par. Mrs. Wells has begun the erection of a free hospital in New Brunswick, to be named in honor of her husband, IN the Northern and Western cities thousands of women hold the position of cashiers and other places of trust, but not one of them has ever been known to pocket a lot of money and skip to Canada. Year after year men steal and run across the border, and the explanation is made that they could not live on their salaries, or that they had been unfortunate in speculation. But the women who receive hardly any salaries at all manage to exist, and behave themselves, and take care of their employers' interests-Atlanta Constitution.


Article from The Osceola Times, December 15, 1888

Click image to open full size in new tab

Article Text

WHAT WOMEN ARE DOING. NUMEROUS petitions for municipal woman suffrage, with several thousand signers, have been sent to the Vermont Legislature. SOUTH AUSTRALIA has before its House of Representatives a bill extending suffrage to all women, married or single, who are twenty-five years of age. MRS. ELLEN MITCHELL. the only lady on the Chicago board of education, has been appointed to serve on the committees on school management, special funds and physical culture. Two ELDERLY ladies named Chubb, who have supported themselves by the needle, are, in their late years, studying astronomy, and writing intelligent letters to scientific persons on debatable points. THREE women in England hold posts as medical superintendents of the female post-office clerks; one in the general post-office, London, one in Liverpool, and one in Manchester. These were the first medical posts in the civil service granted to women. MRS. KATE TYRON, who belongs to the working newspaper fraternity of Maine, is preparing to take the lecture platform, and her elocutionary and intellectual attainments are spoken of in high terms by the Maine press. She created a sensation in the recent Methodist conference in Portland by getting up in meeting and making a spirited defense of the reporters. MRS. JOHN WELLS, of New Brunswick, N. J., when the Dime Savings Bank of that city collapsed two years ago, offered $2,000 toward alleviating the losses of the poor depositors. She has now added $1,000 more, and will buy in the accounts of the same class of depositors at par. Mrs. Wells has begun the erection of a free hospital in New Brunswick, to be named in honor of her husband, IN the Northern and Western cities thousands of women hold the position of cashiers and other places of trust. but not one of them has ever been known to pocket a lot of money and skip to Canada. Year after year men steal and run across the border, and the explanation is made that they could not live on their salaries, or that they had been unfortunate in speculation. But the women who receive hardly any salaries at. all manage to exist, and behave themselves, and take care of their employers interests.-Atlanta Constitus tion.