First National Bank (Muncy, PA)

Article Text

A BANK VAULT LOOTED

A Run by the Depositors-The Cashier Under Arrest. WILLIAMSPORT, PA., Jan. 11. -The First National Bank of Muncy was closed by order of Bank Examiner Dengler today. Previous to the announcement of the suspension there was a run, during which between $7,000 and $8,000, all the money on hand, was paid out. Dela Green, the cashier and ex-bank examiner for this dis trict, was arrested between 10 and 11 o'clock to-night, as startling disclosures were made during the evening. When Examiner Dengler arrived Saturday he found that a portion of the vault combination could not be opened, and he sent to New York for an expert. The man arrived last night and worked five bours before getting the vault door open. MONEY AND BONDS GONE. It was then found that $23,000 in money and bonds were gone, Shortly after this the excited depositors started a run. Dela Green was arrested while in bed and was taken before United States Commissioner Bentley, who demanded bail in $20,000. During the night he will remain in the custody of a deputy marshal. Examiner Dengler said this evening that the affa r3 of the bank are in bad shape, and it looks as if the institution bad been looted. A shortage of at least $40,000 has already been discovered, and the full amount, it is expected, will be much greater. The president is Capt. John W. Bowman, who also acted as cashier during the time that Dela Green was bank examiner. At ridnight the investigation is still under way, and full particulars will not be known until morning.

Article Text

A BANK LOOTED

All the Cash Missing, but the Cashier Is Found. WILLIAMSPORT, Pa., Jan. 1.-The First National bank of Muney was closed by order of Bank Examiner Dengler today. Previous to the announcement of the suspension, there was a run during which between $7,000 and $8,000, all the money on hand, was paid out. Dela Green, the cashier and ex-bank examiner for this district, was arrested tonight, as startling disclosures were made during the evening. When Examiner Engler arrived on Saturday he found that a portion of the vault could not be opened, and he sent to New York for an expert. The man arrived last night and worked five hours before getting the vault door open. It was then found that $23,000 in money and bonds were gone. Shortly after this the excited depositors started a run.

Article Text

A Pennsylvania Bank Wrecked

WILLIAMSPORT, Pa., Jan. 11.-The First National bank of Muney was closed to. day by order of Bank Examiner Dengler. Dela Green, the cashier, was arrested tonight. Startling disclosures were made during the evening. As the examiner was unable to open the vault, he sent to New York for an expert, who, after five hours work, succeeded in opening the doors. It was then found that $25,000 in money and bonds were gone. A total shortage of over $40,000 has already been discovered, with more of the investigation to hear from. WASHINGTON City, Jan. 11-A resolution for investigation into the causes leading to the failure of the Keystone and Spring Garden national banks was introduced in the House today and referred to the committee on rules. NEW YORK, Jan. 11-The liabilities of Jandorf & Bro., who assigned today, amount to $70,000; assets, unknown.

Article Text

A BANK LOOTED

All the Cash Missing, but the Cashier Is Found. WILLIAMSPORT, Pa., Jan. 11.-The First National bank of Muncy was closed by order of Bank Examiner Dengler today. Previous to the announcement of the suspension, there was a run during which between $7,000 and $8,000, all the money on hand, was paid out. Dela Green, the cashier and ex-bank examiner for this district, was arrested tenight, as startling disclosures were made during the evening. When Examiner Engler arrived on Saturday he found that a portion of the vault could not be opened, and he sent to New York for an expert. The man arrived last night and worked five hours before getting the vault door open. It was then found that $23,000 in money and bonds were gone. Shortly after this the excited depositors started a run.

Article Text

Bank at Muncy, Pa., Closed. The First National Bank of Muncy, Pa., has been closed by order of Bank Examiner Dengler Prior to the announcement of the suspension there was a run, during which between $7,000 and $8,000, all the money on hand, was paid out. Dela Green, the cashier and ex-bank examiner for this district, was arrested between 10 and 11 o'elock last night, as startling disclosures were made during the evening. When Examiner Dengler arrived on Saturday he found that a portion of the vault could not be opened, and he sent to New York for an expert. The man arrived last night and worked five hours before getting the vault door open. It was then found that $23,000 in money and bonds was gone. Shortly after this the excited depositors started a run. Dela Green was arrested while in bed and was taken before United States Commissioner Bentley, who demanded bail in the sum of $20,000. During the night he will remain in the custody of the deputy marshal. Examiner Dengler said last evening that the affairs of the bank are in bad shape, and it looks as if the institution had been looted. A shortage of at least $40,000 has already been discovered, and the full amount, it is expected, will be much greater. The president is Capt. John M. Bowman, who also acted as cashier during the time that Dela Green was bank examiner. At midnight the investigation was still under way.

Article Text

A BANK CLOSED

All the Money Was Paid Out During the Run Preceding Suspension. WILLIAMSPORT, Pa, Jan. 12-The First national bank of Muncy was closed by order of Bank Examiner Dengler Monday. Previous to the announcement of the suspension there was a run, during which between $7,000 and $8,000, all the money on hand, was paid out Dela Green, the cashier and ex-bank examiner of this district, was arrested Monday night, as startling disclosures were made. On openIng the vault is was found that $20,000 in cash and bonds were gone, and a total shortage of $49,000 has been discovered. Green was held in default of $20,000 bail.

Article Text

A BANK CLOSED

All the Money Was Paid Out During the Run Preceding Suspension. WILLIAMSPORT, Pa., Jan. 13.-The First national bank of Muncy was closed by order of Bank Examiner Dengler Monday. Previous to the announcement of the suspension there was a run, during which between $7,000 and $8,000, all the money on hand, was paid out. Dela Green, the cashier and ex-bank examiner of this district, was arrested Monday night, as startling disclosures were made. On opening the vault it was found that $20,000 in cash and bonds were gone, and a total shortage of $40,000 has been discovered. Green was held in default of $20,000 bail.

Article Text

A BANK CLOSED

All the Money Was Paid Out During the Run Preceding Suspension. WILLIAMSPORT, Pa., Jan. 12.-The First national bank of Muncy was closed by order of Bank Examiner Dengler Monday. Previous to the announcement of the suspension there was a run, during which between $7,000 and $8,000, all the money on hand, was paid out. Dela Green, the cashier and ex-bank examiner of this district, was arrested Monday night, as startling disclosures were made. On opening the vault it was found that $20,000 in cash and bonds were gone, and a total shortage of $40,000 has been discovered. Green was held in default of $20,000 bail.

Article Text

The Huncy Bank's Receiver

WILLIAMSPORT, Pa., Feb. 11.-Emerson Collins, Esq. of this city, has been appointed receiver of the First National bank of Muney.

Article Text

Receiver for the Muncy Bank

Williamsport, Pa., Feb. 11.-Emerson Collins, Esq., has been notified by Comptroller Lacey of his appointment as receiver of the First National bank of Muncy. Pa. Mr. Collins has not yet notified the comptroller of his acceptance, but will likely do so in good season. This appointment cannot fail to give very general satisfaction to every one interested.

Article Text

RECEIVER APPOINTED

-The controller of the currency has appointed Emerson Colline of Williamsport receiver of the First National Bank of Muncy, Pa. -

Article Text

LATE TELEGRAPH

SENT SPECIAL TO THE LIGHT BY THE ASSOCIATED PRESS. And the Southern Afternoon Press Up to the Hour of Going to Press. Receiver Appointed. WASHINGTON, Feb. 18.-The comptroller of currency today appointed Mr. Emerson Collins, of Williamsport, receiver of the First National bank at Muncy, Pa.

Article Text

Receiver Appointed

WASHINGTON, Feb. 19.-The Comptroller of the Currency has appointed Emerson Collins, of Williamsport, receiver of the First National Bank, of Muncey, Pa.

Article Text

Receiver Appointed

WASHINGTON, Feb. 19.-The Comptroller of the Currency has appointed Emerson Collins, of Williamsport, receiver of the First National Bank, of Muncey, Pa.

Article Text

The Muney Bank Receiver

Washington, Feb. 19.-The comptroller of the currency appointed Emerson Collins, of Williamsport, receiver of the First National bank of Muncy, Pa.

Article Text

Appointed Bank Receiver

WASHINGTON, Feb. 19.-The comptroller of currency has appointed Emerson Collins of Williamsport receiver of the First National bank of Muncy, Pa.

Article Text

THE MORE DISASTROUS ONES NOTED—BANKS GENERALLY

Jan. 11—First national bank, of Muncie, Pa. Jan. 20—First national bank of Downs, Kan.; $100,000. Jan. 25—Bank of Jefferson at Shepherdstown, W. Va. Jan. 29—Fall River county bank at Oelrichs, S. D.; $30,000 ... Butler county bank at Chicora, Pa.; $60,000. Feb. 2—Commercial loan and savings bank at Kearney, Neb.; $150,000. Feb. 3—National bank of Silver City, and Feb. 4—Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6—Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8—Merchants' bank of Moorehead, Minn.; $175,000. Feb. 26—Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1—Lima (O.) national bank. Mar. 21—Painesville (O.) Savings and Loan Association bank. Mar. 24—American national bank of Birmingham, Ala. Apr. 15—Interstate national bank of New York. Apr. 27—Commercial bank of St. Paul, Minn.; $1,000,000. May 25—People's bank of Sea Isle City, N. J. June 4—Platte Valley bank at Central City, Neb. June 25—First national bank at Erie, Kan., Nesha county; losses, $30,000. Sep. 2—Nebraska State bank, at Crete. Sep. 23—Richmond (Me.) savings bank. Sep. 24—People's bank at Hope, Ark. Oct. 17—Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27—Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5—Continental bank at Kansas City, Mo. Nov. 30—Stone City bank, of Joliet, Ill., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6—Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.; $100,000. Dec. 13—Black Hills national bank at Rapid City, S. D. Dec. 13—Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15—National bank of Newton, Kan. Dec. 18—Wholesale grocery in Brooklyn, N. Y.; $400,000.