Multiple contemporaneous reports (Nov 7–10, 1887) describe a heavy run beginning Nov 4–7 that forced the Fifth National Bank to close its doors (suspend) to realize securities; subsequently fraud/forgery and heavy insider loans were revealed and a receiver was appointed (Nov 15). Cause: bank-specific adverse information (failed director's firm Rosenthal & Co., heavy loans to directors/insider lending, falsified books). Cashier arrested for false entries; receiver Lon V. Stephens appointed Nov 15. Dates corrected/standardized from newspaper reports.
Events (5)
1.December 12, 1882Chartered
Source
historical_nic
2.November 7, 1887Run
Cause
Bank Specific Adverse Info
Cause Details
Run followed publicity and failure of director I. B. (J./J.) Rosenthal's wholesale millinery firm (Rosenthal & Co.) and revelations of poor/indiscriminate lending to directors and weak firms; also reports of stock being sold on the street and refusal of a New York bank to honor drafts.
Measures
Closed doors/suspended payments to realize on securities; bank examiner took charge shortly after; later receiver appointed.
Newspaper Excerpt
On Friday they had to meet a heavy run, and as the depositors continued to withdraw their funds to-day the bank closed its doors.
Source
newspapers
3.November 8, 1887Suspension
Cause
Bank Specific Adverse Info
Cause Details
Directors heavily indebted; falsified entries and excessive insider/indiscriminate loans discovered; immediate trigger was heavy withdrawals after failure of Rosenthal & Co. and disclosure of bank weakness; reports mention refusal of a New York bank to honor drafts as a contributing factor.
Newspaper Excerpt
The Fifth National Bank of this city closed its doors to-day... There was a run upon it had been in progress since Friday.
Source
newspapers
4.November 15, 1887Receivership
Source
historical_nic
5.November 15, 1887Receivership
Newspaper Excerpt
Lon. F. Stevens ... was appointed receiver of the Fifth National Bank this morning.
Source
newspapers
Newspaper Articles (21)
1.June 24, 1887Los Angeles Daily HeraldLos Angeles, CA
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EASTERN NEWS. e The Fidelity Bank in Government Hands. CHICAGO DERBY COMPETITORS Precautionary Measures to Prevent Pleuro-Prieumonia Among Cattle. Associated Press Dispatches to the HEBALD CINCINNATI, June 23.-Hon. W.L. Trenholm, Comptroller of Currency, who arrived hereto.day and took charge of the Fidelity National Bank, was interviewed this morning regarding its affairs. His suspicions had first been aroused in April last, when he discovered the Fidelity had "reserve accounts" of eighty country banks and its indebtedness to other banks was very large. When notice of the apparent connection of the bank with the Chicawheat deal was first given in the press the local examiner was directed to remain in Cincinnati and be ready to act. This was done when the checks were protested in New York. The receiver has not been appointed, but will be by Treholm. No definite statement of the bank's affairs can be made until after the receiver takes charge. The Gov. ernment had acted as soon as there was tangible evidence of wrong doing. The sensational feature of to-day's proceedings was the surrender late this afternoon of E. L. Harper and E. Hopkins by their bondsmen. Desperate efforts had been made by them to-night to get new bondsmen, but at a late hour they were unsuccessful. LATEST NEWS. Harper and Hopkins being unable to get bondsmen, went to jail about midnight. A ST. LOUIS DEBT. ST. LOUIS, June 23.-The funds in the Fifth National Bank of this city, belonging to the Fidelity Bank of Cincionati, were garnisheed to-day at the instance of the Union National Bank of Cleveland, to satisfy a debt of $25,000. ARREST NOT ORDERED. WASHINGTON, June 23.-At the office of the Comptroller of the Currency it is said no instructions have been sent to Cincinnati for the arrest of the officers of the Fidelity National Bank, beyond the general instructions sent to the examiner there to take every precaution to prevent the escape of any officers who may be criminally guilty. WILSHIRE ARRESTED. This evening J. W. Wilshire, the broker who took the checks of the Fidelity Bank to Chicago to try to hold up the market, was also arrested, charged with aiding the wilful and unlaful misapplication of the funds of the bank. He gave bond in $35,000.
NATIONAL ANK SUSPENDS. A Big Run Causes It to Close Its Doors. Bad Management. Sr. LOUIS Nov. 7.-The Fifth National Bank clcsed its doors at 1:15 P. M. tc-day. T. B. Rosenthal, Joseph Specht and Marcus Wolffe are directors of the bank. The latter has brought two suite of attachment against T. B. Rosenthal, aggregating $71,000, and it is thought that Rosenthal was indebted to the bank to n considerable amount. The bank is situated at 700 North Broadway, and had a capital stock of $390,000. The usual deposita amounted to about $400,000. On Friday they had to meet a heavy. run, and 89 the depositora continned to withdraw their funds to-day the bank closed its doors A few minute before 1 o'clock. Henry Overstoltz, former Mayor of this city, is President, and O.C. Crecelius is Cashier. The President of the bank has been sick ior some time and the management has been entirely in the hands of the directore, some of whom now appear to be quite heavily indebted to the bank.
3.November 8, 1887The Morning NewsSavannah, GA
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A ST. LOUIS BANK CLOSED. Directors Heavily Indebted to the Institution. ST. LOUIS, Nov. -The Fifth National Bank of this city closed its doors to-day. It had a capital of $325,000 and usually carried about $1,130,000 in deposits. A run upon it had been in progress since Friday. Henry Overstoltz, former Mayor of the city, was President, and C. C. Crecilus cashier. The President has been sick for some time, and the management has been entirely in the hands of the directors, some of whom now appear to be quite heavily indebted to the bank. The failure affects several firms in this city to some degree, and three concerns whose names have not transpired, are reported to be crippled. It is claimed that depositors will be paid in full.
4.November 8, 1887Telegram-HeraldGrand Rapids, MI
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A St. Louis Bank Embarrassed. Sr. LOUIS, Nov. 7.-The rumored closing of the doors of the Fifth National bank are verified. There was a run on the bank this morning which resulted in the closing until securi" ties held by the institution could be realized on. The immediate cause of the crash is supposed to be the recent failure of the wholesale millinery establishment of Rosenthat & Co. last week, I. B. Rosentnal being one of the directors of the Fifth National Bank. The bank is believed to be heavily involved. Its capital stock was $500,000, and deposits are upwards of $1,000,000.
5.November 8, 1887The Indianapolis JournalIndianapolis, IN
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ANOTHER BROKEN BANK. The St. Louis Fifth National Closes Its Doors the Result of Poor Security. ST. LOUIS, Mo., Nov. -The Fifth National Bank closed its doors at 1:15 P. M. to-day. I. B. Rosenthal, Joseph Specht and Marcus Wolffe, are directors of the bank. The latter brought two suits of attachment against I. B. Rosenthal, last week, aggreg ating $71,000, and it is thought that Rosenthal was in debted to the bank to a large amount. The bank is situated at No. 700 North Broadway, and had a capital stock of $325,000, with a surplus of $45,000. The usual deposits amounted to $1,130,000: securities $1,500,000. On Friday they had to meet a heavy run, and as the depositors continued to withdraw their funds to-day, the bank closed its doors. Henry Overstoltz, former Mayor of this city, is president, and C. C. Crecelius, cashier. The president of the bank has been sick for some time and the management has been entirely in the hands of the directors, some of whom now appear to be quite heavily indebted to the bank. The failure affects several firms in this city to some degree. and three concerns whose names have not transpired are reported to be crippled. It is claimed that depositors will be paid in full Within the last month the stock of the bank has been sold at 105, and this morning at 50. The officers of the bank are quite reticent in regard to its affairs, beyond stating that the depositors will be paid in full and that the stockholders will receive 75 per cent. of the stock's face value. From other sources it IS learned that I. B. Rosenthal & Co., who failed a few days ago, were indebted to the bank about $70,000, and that several other weak firms have obtained money from the bank on poor security. Of discounts and loans amounting to over a million of dollars, it is said that a large part cannot be collected, and that other assets of the bank cannot be realized on to their full value. The real cause of the suspension 18 said to be an attempt, this morning, on the part of the son of the vice-president, James Green, who is in Europe. to withdraw $40,000 of his father's funds from the bank. His checks were refused, and this, in connection with other withdrawals on the part of those who are considered close friends of the bank, induced the directors to close. It is likely that a receiver will be asked for. The fact of the failure has not yet been imparted to President Overstolz, on account of the fear of his friends that the knowledge might have a very serious effect upon him, if not cause his death.
6.November 8, 1887Rock Island Daily ArgusRock Island, IL
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A ST. LOUIS BANK IN TROUBLE, Because a Director Fails in His Millinery Business-The Doors Closed. ST. LOUIS, Mo., Nov. S.-The doors of the Fifth National bank were closed Monday afternoon. There was a run on the bank in the morning, which resulted in the closing until securities held by the institution could be realized on. The immediate cause of the rush is supposed to be the failure of the wholesale millinery establishment of Rosenthal & Co. last week, I. B. Rosenthal being one of the directors of the Fifth National bank. The bank is believed to be heavily involved. The capital stock of the bank was $500,000, and the deposits are upward of $1,000,000. The bank had to meet a heavy run Friday, and as the depositors continued to withdraw their funds Monday, the bank closed its doors a few minutes before 1 o'clock. Henry Overstoltz, formerly mayor of this city, is president, and C. C. Crecelins cashier. Mr. Overstoltz has been sick for some time, and the management has been entirely in the hands of the directors, some of whom now appear to be quite heavily indebted to the bank. The failure affects several firms in this city to some degree, and three concerns whose names have not transpired are reported to be crippled. It is claimed that depositors will be paid in full. Within the last month the stock of the bank has been sold at 105 and Monday morning it found a ready market at 95.
7.November 9, 1887The Indianapolis JournalIndianapolis, IN
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Business Embarrassments. Special to the Indianapolis Journal SOUTH BEND, Ind., Nov. 8.-J. W. Taylor, & well-known oil dealer in this city, sold his real estate and left very suddenly to-day. The Standard Oil Company levied on his interest in several groceries in this city. They charge that he has left the city with $5,500 of the funds. JOLIET, III, Nov. 8.-The Lock-stick Fence Company was closed out to-day on judgments aggregating over $10,000 in favor of local banks. There are other large judgments to come in against the Lock-stick company. The men connected with it are some of the most prominent in barb-wire circles. NASHVILLE, Tenn., Nov. 8.-The Nashville plow factory assigned to-day for the benefit of creditors. Their assets comprise machinery, buildings, ground and stock valued at $64.514.72, and their liabilities amount to $55,328.74 There are but six creditors, being three banks, two iron companies, and one individual debt of $2,000. ST. LOUIS, Nov. 8.-H. A. Forman, of Duquoin, Ill., bank examiner, took charge of the Fifth National Bank to-dav, and will wind up its affairs. He sars depositors will be paid in full, and stockholders will realize about 70 per cent. It now transpires that the bank was troubled bv the refusal of a New York bank to honor its drafts. and by the publication of a paragraph saying the bank's stock was being sold on the street. The real cause of the failure is said to have been indiscriminate lending of money to business concerns which were doing large business on small capital.
8.November 9, 1887Press and Daily DakotaianYankton, SD
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DEPOSITS OVER.A MILLION AND THE CAPITAL STOCK HALF A MILLION DOLLARS. The Fifth National Bank, of St. Louis, in Sympathy With One of Its Ruined Directors, Is Forced to Close Its Doors to Realize on Securities. ST. LOUIS, Mo., Nov. 8. -The rumored closing of the doors of the Fifth National bank are verified. There was a run on the bank Monday morning, which resulted in the closing until the securities held by the institution could be realized on. The immediate cause of the crash is supposed to be the failure of the wholesale millinery firm of Rosenthal & Co., last week. J. B. Rosenthal being one of the directors of the Fifth National bank, the bank is believed to be heavily involved The capital stock of the bank was $500,000 and the deposits areupward of one million.
9.November 9, 1887Evening StarWashington, DC
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FRAUD AND FORGERY. The Cashier of the Collapsed St. Louis Bank Arrested. ST. LOUIS, Nov. 9.-Developments in the Fifth National Bank suspension show fraud and forgery, and the cashier, C. C. Crecectus, is now under arres : charged with false entry and forgery. President Overstoliz would be arrested If not on his death-bed.
10.November 10, 1887The Portland Daily PressPortland, ME
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GENERAL NEWS. The Nashville flour factary has assigned. Assets valued at $64,175; liabilities, $55,328. The St. Louis Planing Mill Company has failed on account of the collapse of the Fifth National Bank. Cashier C. C. Crecilius, of the St. Louis Fifth National Bank, which is embarrassed, has been arrested for making false entries to a large amount. The recent conference of Provincial ministers adopted resolutions in favor of reciprocity, declaring that it would not lessen Canada's loyalty to the mother country. Congressman Geo. D. Wise and Editor Wm. H. Mullen, of ther Labor Herald, had an encounter on the streets of Richmond yesterday, and were fined in the police court to-day. E. F. Searles, who is reported to have married Mrs. Mark Hopkins, the possessor of $20,000,000, is 45 years old. He belonged to a New York firm of house furnishers and has done a great deal of work for Mrs. Hopkins. President King, of the Erie Railroad, received a threatening letter Tuesday signed "A Desperate Devil," and threatening violence unless five hundred dollars were given up. Detectives have afrested a crank named Campbell.
ANOTHER BANK FAILURE. The Fifth National Bank of St. Louis Closes Its Doors. ST. LOUIS, Nov. 9.-The rumored closing of the doors of the Fifth National bank is verified. There was a run on the bank in the morning which resulted in the closing until securities held by the institution could be realized on. The immediate cause of the crash is supposed to be the recent failure of the wholesale millinery establishment of Rosenthal & Co. last week, J. B. Rosenthal being one of the directors of the Fifth National bank.
12.November 10, 1887New-York TribuneNew York, NY
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y PLUNDERED BY ITS OFFICERS. 5 THE ST. LOUIS NATIONAL BANK FAILURE CASHIER CRECELIUS ARRESTED AND PRESIDENT h OVERSTOLZ DYING-GUILELESS DIRECTORS. 1 [BY TELEGRAPH TO THE TRIBUNE.I ST. LOUIS, Nov. 9.-The suspension of the Fifth : National Bank was followed to-day by the arrest of on of ) and the cashier, the announcement C. C. Crecelius, that the the president, charge Henry fraud. t Overstolz, was dying. The evidence in the hands of the National Bank examiner shows that the institution has been wrecked by the action of the pres Ident and cashier in speculating in outside enter prises. All the bank has now to show for its wasted funds is $300,000 of worthless paper. Mr. Forman. the examiner. said : I "For six months the cashier has been makin false entries. You see the fraud was committed by increase Ing the statement of cash on hand in each case by $100,000. The Item of loans and discounts was then decreased by 8100 000 80 as to make the footings correct. The fraud was plainly evident as the figures had been altered. The money loaned to the Meyer Lumber Company was loaned to it under foue or five different names. Of course, In a case of that kind, the bank examiner could not tell that the bank was overloaned. That was something for the di. rectors to know. We knew that the bank had made excessive loans to two persons. I so informed the Government when I made my examination of the bank. and the Government notified the bank to re+ duce its loans. Instead of doing so it increased them. Why, only on October 31 I find a note of the John Meyer Lumber Company for $33,000. Mr. Specht. one of the directors, tells me that he never saw this It to him. The note until been I showed whole bank seems to have run by the president and cashier. The directors were not allowed to know anything about the condition of things. They had the cashier's sworn statement, and they accepted it. 'The cashier was really the head of the lumber company. The bank lost $40,000 on a cotton speculation. It bought the Elliotsville Woollen Mill at Danielsville, Conn., and loaned money to the concern under four names in order to evade the law prohibiting loans of more than 10 per cent of capital to one concern. Here is a hide-dealer named Gold. smith who is in for $12,000 under three or four names. He turned over all his effects to the bank to-day. The directors were just figureheads and were entirely ignorant of what was going on. The St. Louis Planing Mill Company. in which Crecelius is was a director, owes the bank $130,000, and it almost a total loss. All the books are falsified, and it is probable that very little will be left when the truth is known." President Overstolz is an ex-Mayor and one of the most prominent financiers of the city. Crecelius has also stood well and was connected by marriage with the president. George A. Rubelman, director and acting president of the bank in the absence of Vice-President James Green, who is in Europe, was seen, and said that he knew nothing in particular about the developments brought out by the bank examiner. Mr. Overstole and Mr. Crecelius managed the bank's affairs, and the directors merely went around daily to look at the paper. which was a purely formal proceeding We all trusted Mr. Grecellus, and we had unbounded confidence in Mr. Overstoiz." Did you know nothing of the changes in the tigures of the cash entries No, sir I knew nothing about it. I now learn that this kind of work has been going on for years back, ever since, in fact, the bank was organized in 1881. The arrest of Crecellus was made at the bank Mr. Creceitus was much astonished when the warrant was read to him and broke down completely. He wept all the way to the Federal Building, and when Marshal Phone Couzins gave up her room to him he sat down on the sofa and cave way to tears He was left in the reem without any person to watch him. The deputies went about other work. and Chief . Deputy J. H. Bohle being away at luncheon, only Miss Couzins remained to stand guard at the door. The bond was fixed at $50,000. and being unable to furnish it Crecelius is still a prisoner.
13.November 10, 1887St. Paul Daily GlobeSaint Paul, MN
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A Planing Mill Failure. ST. LOUIS, Nov. 9.-The St. Louis Planing Mill company has failed on account of the collapse of the Fifth National bank. It is feared that another business house will be compelled to suspend this week on account of complications growing out of the bank failure.
14.November 16, 1887The Morning NewsSavannah, GA
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St. Louis' Broken Bank. Sr. LOUIS. Mo., Nov. 15.-Lon. F. Stevens, of Booneville, Mo., was appointed receiver of the Fifth National Bank this morning. It is reported that the grand jury has found an indictment for making false entries against Cashier C. R. Cecilius.
Hon. Joseph Chamberlain, he: ritish Fish Commissioners, arriv York yesterday. Schliemann has made a will g archaeological collections to the hnological Museum. companies of the Sixth U infantry. under command of I are now stationed at Chicago. was broken yesterday of ville and Southern Railroad, wl from Knoxville to Atlanta. Fifth National Bank of St. its doors yesterday. It had a e 325,000 and catried also $1,1: offices of the Daily Commercia Vestern Union at Chattanooga by fire yestęrday, and nar destruction. Chicago boodlers have beer each to two years imprison been allowed two days to exceptions. Comptroller of the Currene the First National Ba N. C., to begin business, V of $100,000. has written a letter to Gov in which he endeavors to for himself by recapitulatin as a Louisiana carpet-bagger. Rev. John Tates Downing has to the rectorate of Christ CI made vacant by the resign Rev. Ellison Capers. Jamber, who was convicted o of attempting to kill Ex Mayor Wis., with a dynamite suicide yesterday by taking thteen young army officers at 7. have been sentenced to v of exile in Siberia on charges o with a revolutionary plot " overnment. Wm. Selden, an old and pron of Norfolk, Va., and the w apitalist of that section, died sud morning. Comptroller of the Currency h the Simonds National Ba S. C., to begin business . of $50,000. from Dubuque, Iowa, mber U, says: Last night S attempts were made to start I parts of the city, and the a operty-holders naturally increas personal encounter took place in Va., yesterday between Con George D. Wise and Wm. H. M of the Labor Herald. Both and bailed. the election in Oswego, N. Y., M. Griffin was elected School in the Third District, cat town in a strictly Republican di the Congress of the Woman's Association, which is being 11 thester, England, it was resoly roduce the woman's franchise oming session of Parliament. Bergemann will perform the the throat of the Crown Prin bysiciens decide that such
Receiver of St. Loan' Fifth National, ST LOUIS, Mo., Nov. 15-L. F. Stephens of Boonville, Mo., was apointed receiver of the Fifth National Bank this norning. It is reported that the grand jury has found an indictment for making false entries against C. C. Cicreleus, cashier.
17.November 17, 1887Mineral Point TribuneMineral Point, WI
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# CRIME.
NINE bandits recently captured by the Mexican military in the Rio Grande region have been executed, and others are awaiting their fate.
JOHN JAMBOR, who attempted to kill ex-Mayor Secor, of Racine, Wis., by placing a bomb in the road in front of his carriage, has been sentenced to ten years in the state penitentiary.
BURGLARS broke into the principal dry goods store in Springfield, Ill., Sunday night, blew open the burglar-proof safe and robbed it of several thousand dollars.
AT Philadelphia, Monday, Mrs. Anna Cross, aged 45, was shot four times by Samuel Roystreck, who alleges that he married the woman a year ago, but that in June last she deserted him and wedded Cross.
THE Grand Jury has completed its investigation of the railroad slaughter at Kouts, Ind., and it is reported that several indictments have been found.
WORD comes from Marinette, Wis., that an attempt was made near Menominee to wreck a Northwestern train by placing cordwood on the track. The engineer saw the obstruction in time to prevent a catastrophe.
TUCK AGEE, a white man, who murdered his brother-in-law in a quarrel over a few ears of corn, was hanged Friday, at Lexington, being the first execution of a white citizen in central Kentucky since the war.
On complaint of the Bank Examiner Cashier C. C. Crecilius, of the suspended Fifth National Bank of St. Louis, was arrested Wednesday on charges of fraud and forgery. It is alleged that fifty entries were found to have been changed; that his reports to the bank directors were false, and that he carried, without security, five firms for sums ranging from $50,000 to $150,000.
IT is now stated that the men recently lynched in West Virginia for the murder of the Rev. Mr. Ryan, were killed because they had assisted marshals to capture "moonshiners," and that Mr. Ryan lost his life at the hands of others than those who were the victims of mob vengeance. There is a great mystery about the whole affair, but every effort is being made to bring the lynchers to justice.
THURSDAY night, at Louisville, Charles B. Brownfield, a dissipated character, cut the throats of his wife, his 10-year-old daughter, and his brother-in-law, William F. Bruner, and then hanged himself. He left a note stating that he was tired of life owing to his propensity for gambling; that he did not want his wife and child to be left penniless, and that he killed Bruner because he didn't think he was fit to live.
18.November 17, 1887Mexico Weekly LedgerMexico, MO
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COL. LON V. STEPHENS, of Boonville, has been appointed receiver of the Fifth National Bank of St. Louis. No better selection could have been made. He was recommended by Congressman Jno. T. Heard, Senators Vest and Cockrell, Gov. Marmaduke, Mayor Francis and the presidents of quite a number of the banks of St. Louis.
19.November 30, 1887Daily Kennebec JournalAugusta, ME
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Bank President Dies. ST. LOUIS, Nov. 29. Ex-Mayor Henry Overstaltz, president of the defunct Fifth National bank. died this forenoon of heart trouble. He did not know the bank had suspended.
20.December 24, 1887Rock Island Daily ArgusRock Island, IL
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Manning is Dead. ALBANY, N. Y, Dec. 24.--Ex Secretary of the Treasury, Daniel Manning died at 1:40 this afternoon. CONDENSED NEWS. An earthquake shock was felt at New Bedford, Mass, early Friday morning. The Central Pacifie railroad has declared a dividend of 1 per cent., which will be paid on Feb. 1. There were 261 business failures in the United States during the last week, and 29 in Canada. Frank C. McNealey, who robbed the Saco, Maine, bank, has been arrested at Halifax, Nova Scotia. Thomas Sexton, one of the ablest of the leaders of the Irish Nationalists, is seriously ill at Dublin. Over $20,000 was found secreted in the bed of a dead miser by a deputy coroner at Minneapolis Friday. By an explosion of dynamite at 8 limestone quarry near Brookfield, Nova Scotia, four men were killed. Professor G. H. Palmer, of Harvard college, was married Friday to Miss Alice Freeman, the president of Wellesley. The secretary of the navy has received a favorable report of the recent trial trip of the United States steamship Chicago. Burglars blew open the safe in the Farmers' State bank at Concord, Mich., thus destroying a large number of valuable papers. The Vandalia annual election will occur on Jan. 2, and there seems to be no doubt that Mr. McKeen will retain control of the road. A number of the president's friends in Butfalo have presented the city with his portrait, which has been placed in the mayor's office. The receiver of the Fifth National bank of St. Louis states that the depositors will not receive more than 65 per cent. of their deposits. The general land office has issued 5, 179 patents during the present month, which is a large increase over the record for December of last year. A farmer's wife living near Newman, Illinois, got into a quarrel with her servant girl, which culminated in a fight in which both women were fatally stabbed. Owing to a water famine and the shortage in the corn crop, the farmers in the vicinity of Clinton. Illinois, are disposing of their stock as rapidly as possible at remarkably low figure. A real estate company is said to have secured a title to 55,000,000 acres of land in eleven states of Mexico, which will be offered to immigrants on very Advantageous terms. The government favors the enterprise, which it is thought will bring in many settlers from this country and Europe. It is said that the present investigation in the ticket department of the Pittsburg & Lake Erie railroad is but a preliminary step to its absorption by the Lake Shore company, and that it is not expected that the examination will lead to the discovery of any crooked work on the part of the employes. James Milier, a real estate dealer of New York, was found dead in his home Friday morning, with his wife lying unconscious beside him. He is thought to have died of heart disease some days ago, and it is supposed that Mrs. Miller, who was insane and helpless, was reduced to the state in which she was found by starvation.
21.June 25, 1889The Sedalia Weekly BazooSedalia, MO
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We print elsewhere a clipping from the Globe Democrat concerning Col. Lon V. Stephens' management atthe defunct Fifth National Bank, at St. Louis. Ninety-five per cent to the depositors of a thoroughly wrecked bank bespeaks excellent financial manaagement in the receiver.
