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Receiver Appointed Little Rock, Ark., September 26.-Upon the petition of D. A. Frayzer of Memphis, receiver for the Night and Day bank of that city, Chancellor Martinau appointed William Lewis receiver for the Night and Day bank of Little Rock this afternoon. The allegations are insolvelley and irregularity in the Institution. The Little Rock bank, it is alleged, is a debtor of the suspended Memphis concern.
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LITTLE ROCK BANK CLOSED NIGHT AND DAY INSTITUTION PLACED IN HANDS OF A RECEIVER ON PETITION. — LABORERS LOSERS Depositors Gather In Front of Bank But Are Not Rewarded When They Kick On the Door. Little Rock, Ark., Sept. 26. The doors of the Night and Day Bank of Little Rock were closed Tuesday afternoon, when on petition of D. A. Frayser, receiver of the All Day and Night Bank of Memphis, the local institution was placed in the hands of W. H. Lewis as receiver. To banking circles, the failure of the bank was no surprise, as it had been expected for several days, though local Institutions were making an effort to prevent it. According to the petition of Receiver Frayser, of the Memphis institution, the local bank is indebted to the Memphis concern to the extent of $3,100. Receiver Frayser claims the local bank claimed to hold certicates of deposit to the amount of $2,225, but these were fraudulently issued to Robert H. Timmons. and he
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Night and Day Bank Closes. Little Rock, Ark. Sept. 27.-The doors of the Night and Day bank here have been closed following the appointment of a receiver on petition of the receiver of the Night and Day bank of Memphis, which was recently closed and whose officers face charges of irregularities. It was necessary to call police to disperse the crowds that clamored at the barred doors.
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WARRANT FOR BANKER. Failure of Little Rock Bank Causes Arrest of President. Memphis.-Chargangi that H. C. Wynne, president of the Day and Night Bank of Little Rock, Ark., joined E. L. Hendrey, who was president of the All Night and Day Bank of Memphis, of irregularities in connection with certificates of deposit made in the local concern, which was recently placed in the hands of a receiver, D. A. Frayser, the receiver, swore out a warrant for the arrest of Wynne and Hendrey. The charges follow the closing of the Night and Day Bank of Little Rock. The two men are charged with having, "through false representations, obtained $1,000 from the Night and Day Bank of Arkansas," the specification being that a false certificate of deposit was issued by the local concern to Robert H. Timmons and accepted at its face value by the Arkansas bank. Wynne was a director of the local bank.
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Receiver Is Named LITTLE ROCK, Ark., Sept. 27.-Upon the petition of D. A. Frayser, of Memphis, receiver for the All Night and Day bank of that city, Chancellor Martinau appointed William M. Lewis receiver for the Night and Day bank of Little Rock Tuesday afternoon.
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STUDENT WANTS MONEY BACK. Claims Check Was Not For Deposit, But For Collection. Western Newspaper Union News Service. Little Rock.-J. A. Hutto of Des Arc, a medical student who is studying for the profession in the medical department of the University of Arkansas, filed a petition in the chancery court, in which he asks the court to order W. M. Lewis, receiver of the Night and Day bank, to pay him out of the assets of the bank the sum of $334.56. The basis for the claim grows out of a transaction with the defunct bank different from any to which the attention of the court has yet been called.
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W. M. LOWIS WILL ENTER A DECREE W. M. Lowis receiver of the Night and Day Bank, announces that he will soon have a decree entered in Chancery Court for the payment of a dividend of about 20 per cent of the claims of depositors and creditors. There will be another dividend later, the size of which will depend largely upon the success the re. ceiver has in realizing upon some of the assets now in his hands. Last he secured possession of an $800 automobile belonging to H, C. Wynne. president of the bank, and this will be turned into cash. Wynne has not been in little Rock since the failure of the bank last fall.
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President of Night and Day Institution Captured in Oklahoma Yesterday. HE WILL BE RETURNED Governor Donaghey Issued Requisition For Him and II is Up to Governor Cruce. Little Rock, Ark., April 4-Unless Governor Cruce, of Oklahoma, refuses to grant the requistion issued by Governor Donaghey today, asking for the return of H. C. Wynne to Little Rock, the former president of the Night and Day Bank, of this city, will be brought back to Little Rock lefore the commencement of another week. A telegram was received by Sheriff N. A. Beller, late today, announcing the arrest of Wynne at Checoctah, Oklahoma. The message stated that Wynne was in jail and would be turned over to the proper authorities from Pulaski county, upon the payment of the reward offered for his capture. Deputy She: iff J. J. Hawkins, left tonight for Checotah with requis tion papers. Wynne disappeared from Little Rock soon after the closing of the doors of the Night and Day Bank last September, though it was stated as the time that intended to return and assist the receiver of the bank in collecting all possible for the benefit of the depositors. He was lost sight of and the depositors organized for the purpose of raising funds with which to apprehend Wynne and prosecute him. The present grand jury returned five indictments against Wynne four of which charge him with a felony and one with a misdemeanor. The bond in the felony cases is fixed at $2,000 each and $1,000 in the other. A requisition in each case was issued by Governor Donaghey.
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ARREST ALLEGED BANK DEFAULTER H. C. WYNNE IN OKLA. CHECOTAH OFFICERS HOLD PRESIDENT OF DEFUNCT NIGHT AND DAY BANK. Little Rock, April 6.-Unless Gov. Cruce of Oklahoma refuses to grant the requisition issued by Gov. Donaghey Thursday afternoon, asking for the return of H. C. Wynne to Little Rock, the former president of the Night and Day Bank of this city, will be brought back to Little Rock before the commencement of another week. A telegram was received by Sheriff N. A. Beller late Thursday announcing the arrest of Wynne in Checotah, Oklahoma. The message stated that Wynne was in jail and he would be turned over to the proper authorities from Pulaski county upon the payment of the reward offered for his capture. Deputy Sheriff J. J. Hawkins left Thursday night for Checotah with requisitions asking for the return of Wynne. Wynne disappeared from Little Rock soon after the closing of the doors of the Night and Day Bank last September, though it was stated at the time he intended to return and assist the receiver of the bank in collecting all possible for the benefit of the depositors. He was lost sight of and the depositors formed an organi, zation for the purpose of raising funds with which to apprehend Wynne and prosecute him. The present grand jury returned five indictments against Wynne, four of which charge him with a felony and one with a misdemeanor. The bond in the felony cases is fixed at $2,000 each, and $1,000 in the other. A requisition on each case was issued by Gov. Donaghey.
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WILL PAY DEPOSITORS. Little Rock, Aug. 2.-Chancellor J. E. Martineau has directed W. M. Lewis, receiver for the Night and Day Bank, to pay to the depositors of the defunct institution whatever funds he now has on hand, which at this time amount to $9,021. This will be the second dividend that has been paid the losing depositors, the first having been $57,777.18, or 32 1-2 per cent of their losses. The payment of the second dividend will be made to the depositors within the next ten days.
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# H. C. WYNNE IS # IN LITTLE ROCK Little Rock, Oct. 25.—H. C. Wynne, president of the defunct Night and Day Bank of Little Rock, convicted in Memphis of participating in the wrecking of a chain of the banks, and released on $5,000 bond, is in Little Rock. He is under bond here in the sum of $9,000 to answer to five indictments in connection with the failure of the Little Rock bank. His case has been set for next February in Perryville on change of venue. Since the bank was placed in the hands of W. M. Lewis as receiver, the depositors and creditors have been paid 32 1-2 per cent of their claims, which is nearly all they will ever get out of it.
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CONVICTED BANKER IS IN LITTLE ROCK Man Convicted in Night and Day Bank Prosecution at Memphis Out on Bond. Little Rock, Oct. 24.-H. C. Wynne, president of the defunct Night and Day Bank of Little Rock, convicted in Memphis of participating in the wrecking of a chain of banks, and released on $5,000 bond, is in Little Rock. He is under bond here in the sum of $9,000 to answer to five indictments in connection with the failure of the Little Rock bank. His case has been set for next February in Perryville, on change of venue. Since the bank was placed in the hands of W. M. Lewis, as receiver, the depositors and creditors have been paid 52 1-2 per cent of their claims, which is nearly all they will ever get out of it.
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H. C. WYNNE IS IN LITTLE ROCK Little Rock, Oct. 25.-H. C. Wynne, president of the defunct Night and Day Bank of Little Rock, convicted in Memphis of participating in the wrecking of a chain of the banks, and released on $5,000 bond, is in Little Rock. He is under bond here in the sum of $9,000 to answer to five indictments in connection with the failure of the Little Rock bank. His case has been set for next February in Perryville on change of venue. Since the bank was placed in the hands of W. M. Lewis as receiver, the depositors and creditors have been paid 32 1-2 per cent of their claims, which is nearly all they will ever get out of it.
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indicted in Grant county for larceny, and failed to appear. Wilson had been arraigned for issuing a check on the Night & Day Bank of Little Rock, which was not paid because of the failure of the bank, and through no fault of Wilson's. It was made to appear that had he answered the charge, it could not have been sustained, and that every effort is being made by Jones to apprehend and deliver Wilson. The Board of Municipal Incorporation has advanced Rector and McGehee to cities of the se, cond class. The governor has announced the appointment of the following drainage directors:-C. E. Pringle, vice C. F. Shannon, Little Running Water district, Randolph county, J. O Sallee, Running Lake district, Randolph county, vice W. H. Skinner, term expired.