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Bank in Receiver's Hands. Lake City, Minn., Feb. 25.-The Merchants' bank of this city is closed and in charge of the public examiner. Proceedings have been taken to annul its charter, and a receiver has been appointed. No statement has yet been given out as to the assets and liabilities or as to the cause of the failure,
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Bank Closed. Sr. PAUL, MINN., Feb. 25.-A Lake City, Minn., special to the Dispatch says: The Merchant's Bank is closed and in the hands of the public examiner. Proceedings have been taken to annul charter. R. ii. Moore has been appointed receiver. No statement has yet been given to the public. No information is obtainable as to the cause of the failure, the stockholders being ignorant un to the last moment of the state of affairs. The bank examiner has found that Prisident Holmes had loaned himself between $30,000 and $40.000, while the capital stock was but $50,000 and the surplus but $40,000. Legally he could/have loaned but $9,000. The bank will be dissolvod.
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Lake City Crash. LAKE CITY, Minn., Feb. 25. - -The Merchants' bank, of this city, is closed and in charge of the public exeaminer. Proceedings have been taken to annul its charter. R. H. Moore, of this city, has been appointed receiver, and is likely to qualify within a few days. No statement has as yet been given to the public as to the assets or liabilities, and no information is obtainable as to the cause of the failure. The stockholders were ignorant up to the last moment of the state of affairs. Bank Examiner Lonegren had examined into the bank's condition, and it is doubtless on his report that this action is taken.
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Minnesota Bank Closed. LAKE CITY, Minn., Feb. 25.-The Merchants' Bank is closed and in the hands of the public examiner. Proceedings have been taken to annul its charter. R. H. Moore has been appointed receiver. No information is obtainable as to the cause of the failure, the stockholders being ignorant up to the last moment of the state of affairs. The bank examiner has found that President Holmes had loaned himself between $30,000 and $40,000, while the capital stock was but $50,000 and the surplus but $40,000. Legally he could have loaned but $9,000. The bank will be dissolved.
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Lake City Crash. LAKE CITY, Minn., Feb. 25.-The Merchants' bank, of this city, is closed and in charge of the public exeaminer. Proceedings have been taken to annul its charter. R. H. Moore, of this city, has been appointed receiver, and is likely to qualify within a few days. No statement has as yet been given to the public as to the assets or liabilities, and no information is obtainable as to the cause of the failure. The stockholders were ignorant up to the last moment of the state of affairs. Bank Examiner Lonegren had examined into the bank's condition, and it is doubtless on his report that this action is taken.
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Lake City Bank Closed. LAKE CITY, Minn., Feb. 27.-The Merchant's bank of this city did not open for business Monday, being in charge of Public Examiner Kenyon, the attorney general kaving taken steps to annul its charter. R. H. Moors . has been appointed receiver and will shortly qualify. Assets and liabilities have not yet been made public.
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Another Bank in Trouble. : LAKE CITY, Minn., Feb 26.-A receiver has been appointed for the Merchants bank of this place whose president had borrowed $40,000 of its funds.
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DOMESTIC. HEILZBERG & Co.'s packing house at St. Louis was entered, the watchman bound and the safe rifled of upward of $1,000. EQUAL pay for equal work was advocated in addresses before the National Council of Women at Washington. Two OF the three men who robbed a bank at Griswold, Ia., were captured by Council Bluffs officers after a fight, in which one on each side was wounded. A RECEIVER was appointed for the Merchants' bank of Lake City, Minn., whose president had borrowed $40,000 of its funds. BRADSTREET'S revised record shows the business failures for 1894 aggregated 12,724, with assets of $83,215,000 and liabilities of $151,548,000. CORDELIA HILL, the colored child who shot and killed her father in defense of her mother at Charlestown, W. Va., was acquitted THOMAS CAVANAGH and his wife were burned to death near Middle Haddam, Conn. GEORGE WEAVER and his wife, living alone on a farm near Trotwood, O., were burned to death in their dwelling. THE reported damage to the orange crop of California by frost was denied. CHIEF BRENNAN issued an order dismissing all but nine of the 220 police officers in Chicago who failed to pass the civil service examination. THE visible supply of grain in the United States on the 26th was: Wheat, 79,476,000 bushels; corn, 12,969,000 bushels; oats, 6,772,000 bushels; rye, 340,000 bushels: barley, 1,522,000 bushels. Ex-PRIEST SLATTERY lectured at Savannah, Ga., and all the police and troops in the city were required to suppress a riot which followed. Several persons were hurt. RIVER miners held a convention at Monongahela City, Pa., and decided to strike for the old sixty-nine-cent rate. MARY L. DICKINSON, of New York, was elected president of the National Council of Women at the session in Washington. TWENTY-ONE indictments for frauds at the fall election were returned by a special grand jury at Kansas City. A STATUE of Gen. Grant will soon be added to the group now in statuary hall at the capitol in Washington. IN a general order Commander in Chief Lawler, of the G. A. R., urges efforts be made to reclaim suspended comrades. CURTIS and William Waltz were killed by the bursting of the boiler in a sawmill near Adelphi, O. THE national dairy congress, consisting of delegates from the various state dairy associations, met in Washington. AN epidemic of grip prevailed at Lynn, Mass., to an alarming extent, there being over 500 cases, and many deaths had occurred. C. FARNHAM &.Son, extensive leather dealers at Providence, R. I., assigned with heavy liabilities. THE remains of Fred Douglass were buried at Rochester, N. Y., after impressive ceremonies in Centra church. A NATIONAL society for boys from the ages of 12 to 18 was incorporated at Indianapolis under the name of the "Princely Knights of Character Castle." The originator is Rev. A. W. Connor. ALFRED DAUGHERTY and Oliver Lockwood were fatally scalded near Nottingham, Ind., by the explosion of an oil pump boiler. MRS. ISAAC REYNOLDS, a society leader of Cleveland, dropped dead in the cloakroom at the art exhibition. CHARLES L. HOBART, a member of the New York produce exchange, was married at noon, and died in the evening while attending a theater with his bride.
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Granted More Time. LAKE CITY, Minn., March 28.-Another extension of time has been granted the Merchants bank corporation of this city in which to recover its standing without going into the hands of a receiver. A settlement of dfficulties is yet probable.
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Depositors but a Dividend. LAKE CITY, M.n., July 3.-D H. Moore, receiver of the Merchants bank of to : city. has obtained an or ier from Judge Gould for is items I syment of 25 per cent to depositors, which will amount to about $40.000.
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Depositors Get a Dividend. LAKE CITY, Minn., July 3.-R. H. Moore, receiver of the Merchants bank of this city, has obtained an order from Judge Gould for a first payment of 25 per cent to depositors, which will amount to about $40,000.
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Second Dividend to Creditors, Special to the Globe. LAKE CITY, Minn., April 25.-R. H. Moore, receiver for the defunct Merchants' bank, of this city, today paid a dividend of 10 per cent to the creditors of that bank. This is the second dividend which has been declared within the past year.
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MINNESOTA NEWS. NOTION our up Star State. The state fair proved to be a proounced success. Anton Weinholzer was robbed of early $300 in his saloon in St. Paul. The residence of Mr. Mika at Delano was destroyed by fire. Loss $500. Two Duluth girls are mysteriously hissing and supposed to have been foully dealt with. Over 100,000 people were in attendince at the G. A. R. encampment at Paul. Ft. Hon. Fred C. Stevens was nominated or congress by the Republican convenion of the Fourth district, held at faylors Falls. Peter Rafferty. who has been held S a witness, is now charged with the nurder of Thomas Curlin, at Lake Elmo, near Stillwater. Gus Mueller of Rochester, aged 36, committed suicide by shooting himself n the abdomen. Cause, despondency over his health. The old Marquis Demores refrigertor at Brainerd was struck by lightning and set on fire. It is a total loss; artially insured. Under orders of the district court if Wabasha county the uncollected asets,-notes and securities of the de!unct Merchants bank of Lake City, vere sold. Mrs. Fannie B. Fleck, relict of A. M. Fleck ,was found dead in a closet in her residence at Austin. She had been n poor health for some time. Two :hildren survive. John Lambert's house and contents and six stacks of grain were burned to the ground. The Lamberts were away 'rom home and it is believed that the ire is the work of enemies. A school house in a district about 'our miles north of Montevideo was burned with all contents last night. The loss was about $600, and was !ully covered by insurance. The fire S supposed to have been set by ramps. C. E. Green and R. C. Blue, unmar:ied, employes of the Great Northern work train, were seriously injured at Bauk Center by falling from and being un over by the train. The recovery if either is doubtful. D. R. Morrison, a shoe dealer of Vinona, closed his doors Monday. His ailure is the result of the death af 1. F. Hodgins, to whom he owed somehing over $10,000. The assets are but 1 few thousand less than the liabiliies. The stock is estimated at $12,000. State Bank Examiner Kenyon has :aken charge of the Manufacturers' ank of West Duluth and C. E. Peaslee has been appointed receiver. The faila is attributed to the bank's inability to quickly realize on its assets. De)osits are about $40,000. A premature explosion of dynamite it the cement works at Mankato fatilly injured Peter Peterson and badly njured Peter Lewis,. If Lewis recov!TS he will probably be blind. They had disobeyed orders in using dynanite in the upper rock ledge instead of owder. John Sebaack of Douglass lost. his ;ranary and barn, including a large quantity of grain and 200 tons of hay, besides machinery, by fire, catching rom a threshing machine engine. Mrs. Theresa Congemine of Hampton lost 1 quantity of flax in the shock in a imilar manner. Both were insured. Great excitement prevailed at Anhandale for about four hours the other lay over the announcement that Scott Goodman's little three-year-old boy had wandered into the woods and was lost. The whole town was turned into a searching party, and just before dark he little fellow was found about three'ourths of a mile from home. John eGns, living southeast of Rentille, while riding horseback driving attle Monday morning, was thrown rom his horse, sustaining injuries rom which he died the same evening. le was sixty years of age and one of he earliest and most prosperous Gernan farmers in this section. He leaves wife and six children, mostly grown ID, to mourn his loss. A. D. Davidson, receiver of the State bank which failed some time ago, when Cashier Stuckey eloped with $15,000 of its money, has sued M. O. Hall, formerly president of the bank, 'or $3,200, which, it is alleged, he converted to his own use and failed to reurn. When Cashier Stuckey was tried 'or embezzlement some time ago he vas acquitted, blaming Hall for the rime. A serious affray occurred at Milaca ecently. William Johnson, a saloon teeper of Sandstone, came here several lays ago, and claimed a woman here S his wife. The woman, being di-