Mullanphy Savings Bank (St Louis, MO)

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BIG FAILURE

The Mullanthy Bank Sustains a Shock from the "Wave." St. Louis, Feb. 27.-After a run this morning the Mullanthy bank closed its doors, Liabilities $10,000. Cashier Kam. merer believes the assets will be the same.

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SAVINGS BANK CLOSED

St. Louis, Feb. 27.-The Mullanphy Savings bank was slosed by the state bank examiner, on account of a run tarted on it by its depositors mostly poor people.

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'RAH FOR M'KINLEY

" St. Louis Bank Goes Into the Hands of the Secretary of State. St. Louis, Feb. 27.-After a run of about an hour this morning, the Mullanphy bank, on the corner of Broadway and Cass avenue, closed its doors. Bank Examiner Austin immediately took charge and the following placard was posted on the doors: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets will reach nearly the same figures. The bank has about 1,500 depositors, and was regarded as one of the most substantial savings institutions in the city. The filing of, a chattel mortgage of $25,000 by a commission firm is said to be responsible for the run and subsequent failure. The clearing house association has appointed a committee to investigate the failure.

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"RAH FOR M'KINLEY

" St. Louis Bank Goes Into the Hands of the Secretary of State. St. Louis, Feb. 27.-After a run of about an hour this morning, the Mullanphy bank, on the corner of Broadway and Cass avenue, closed its doors. Bank Examiner Austin immediately took charge and the following placard was posted on the doors: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets will reach nearly the same figures. The bank has about 1,500 depositors, and was regarded as one of the most substantial savings institutions in the city. The filing of. a chattel mortgage of $25,000 by a commission firm is said to be responsible for the run and subsequent failure. The clearing house association has appointed a committee to investigate the failure.

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ST. LOUIS BANK CLOSES. Assets Said to Nearly Equal Liabilities, Over $800,000. St. Louis, Feb. 27.-After a run of an hour this morning the Mullanphy Bank, corner of Broadway and Cass streets, closed its doors. Bank Examiner C. O. Austin immediately took charge, and a placard was posted on the doors bearing: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets will reach nearly the same figures. The bank has about 1,500 depositors and was regarded as one of the most substantial savings institutions in the city. Examiner Austin is inclined to the belief that the bank will not resume. The filing of a chattel mortgage of $25,000 by a commission firm is said to be responsible for the run and subsequent failure.

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SAVINGS BANK SHUT

Its Liabilities Estimated at $810,000 and Its Assets as the Same. St. Louis, Mo., Feb. 27.-After a run for an hour this morning, the Mullanphy bank, corner Broadway and Cass streets, closed its doors. Bank Examiner C. O. Austin immediately took charge and the following placard was posted on the doors: "This bank is in the hands of the Secretary of State." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets. will reach nearly the same figures. The filing of a chattel mortgage of $25,000 by a commission firm, is said to be responsible for the run and subsequent failure. The Clearing House Association has appointed a committee to investigate the failure.

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St. Louis Bank Fails. ST. LOUIS, March 1.-After a run of about an hour the Mullanphy bank closed its doors Saturday. Bank Examiner Austin took charge and the following placard was posted on the door: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000 and Cashier Kammerer says the assets will reach nearly the same figure. The Mullanphy bank has about 1,500 depositors and was regarded as one of the most substantial savings institutions in the city. Examiner Austin is inclined to the belief that the bank will not resume.

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Failures

The clothing firm of Willoughby & Company. Ch.e.ago, confessed judgment in the circuit court for $81,611 in favor of the Fo t Dearborn National bank. State Bank Examiner C O Austin has closed the Mullanphy savings bank, a state institution at St. Louis. which has been in operation more than 15 years. On Feb 26 the lia i.ities were $.03,068; assets $806,119 Charles W. Warner has been appointed pe. manent receiver for James Wallace & Sons. brewers. of New York city. His bond is $30 00 The receivership is the outgrowth of acontroversy between the sons of James Wallace, deceased, whose estate was valued at $2,0.0,000.

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A St

Louis Savings Bank Suspends. ST. LOUIS, March 1.-After a run of about an hour the Mullanphy savings bank, corner of Broadway and Cass avenue, closed its doors. Bank Examiner C. O. Austin immediately took charge and the following placard was posted on the doors: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets will reach nearly the same figures. The bank had about 1,500 depositors, and was regarded as one of the most substantial savings institutions in the city.

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The doors of the Mullanphy Sav ings bank, St. Louis,closed Saturday morning by state bank examiner C. o Austin. The bank has been in an unsound condition since the panic of 1893. Since the collapse of the steel rail trust prices on rails have dropped $4 or $5 below the English mini mum. Yet we have a tariff of $7 54 a ton to keep British rails out of the United States.

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Receiver Appointed

St. Louis, March 3.-Ex-Governor William J. Stone has been appointed receiver of the Mullanphy Savings Bank, which was closed by the state bank examiner on Saturday.

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Clever $100 Counterfeit.

A marvelous counterfeit $100 bill of the series of August 10, 1892, is now in possession of the receiver of the defunct Mullan-phy Bank, St. Louis, Mo. It is printed on genuine government bank note paper, and is such a clever imitation that it has twice passed through the treasury department and has been reported genuine on each occasion. The bill is well worn and one mistake in printing appears upon the back. Where the numerals "100" are printed in double column on one end they read "001." Many of these bills are thought to be in circulation.

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A Wonderful Counterfeit.

A marvelous counterfeit one-hundred-dollar bill if the series of August 10, 1862, is now in possession of Receiver W. J. Stone, of the defunct Mullanphy Bank, of St. Louis, Mo. It is printed on genuine Government bank-note paper, and is such a clever imitation that it has twice passed through the Treasury Department, and been reported genuine on each occasion.

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SETTLING UP

St. Louis, Mo., May 17-Receiver W. J. Stone of the defunct Mullanphy Savings bank, reports a final settlesooner ment will be reached much than was expected.

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Good Progress Made

St. Louis, May 17.-Receiver William J. Stone of the defunct Mullanphy Savings bank, reports that rapid progress is

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Gov. Stone's Dander Up.

Former Governor William J. Stone, of Missouri, who was reared in this county and has many relatives prominent in Madison, was prevented by his law partner, Mr. G. S. Hoss, from killing a reporter of a St. Louis, paper last week. The reporter was interviewing the ex-Governor about the receivership of the Mullanphy Bank and insinuated too much to suit the ex-Kentuckian's taste, whereupon he made a pass at the quill-shover with a knife and pursned him out of the building. The reporter has sued Governor Stone for $20,000.

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Criminal Record.

Con O'Leary, a well known pugilist, died at Milwaukee, Wis., from injuries received in a saloon row a few days ago.

Mrs. Charles Kopp shot and killed her husband in the parlor of their residence in San Francisco. The only witness of the tragedy was their fourteen-year-old daughter. The couple had lived unhappily for sometime.

In a battle with highbinders in Chinatown, San Francisco, Deputy Sher. V. L. Bache was shot in the side and badly wounded. The bullet entered his right side and passed out at the back, but did not penetrate the abdominal cavity.

Ex-Gov. William J. Stone, temporary chairman of the national Democratic committee, drew a knife and started to pull a revolver on a reporter in St. Louis. The scene was the outcome of an interview, the reporter touching upon a transaction regarding the receivership of the Mullannby bank.

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Criminal Record.

Con O'Leary, a well known pugilist, died at Milwaukee, Wis., from injuries received in a saloon row a few days ago.

Mrs. Charles Kopp shot and killed her husband in the parlor of their residence in San Francisco. The only witness of the tragedy was their fourteen-year-old daughter. The couple had lived unhappily for some time.

In a battle with highbinders in Chinatown, San Francisco, Deputy Sheriff V. I. Bache was shot in the side and badly wounded. The bullet entered his right side and passed out at the back, but did not penetrate the abdominal cavity.

Ex-Gov. William J. Stone, temporary chairman of the national Democratic committee, drew a knife and started to pull a revolver on a reporter in St. Louis. The scene was the outcome of an interview, the reporter touching upon a transaction regarding the receivership of the Mullannby bank.

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Criminal Record.

Con O'Leary, a well known pugilist, died at Milwaukee, Wis., from injuries received in a saloon row a few days ago.

Mrs. Charles Kopp shot and killed her husband in the parlor of their residence in San Francisco. The only witness of the tragedy was their fourteen-year-old daughter. The couple had lived unhappily for some time.

In a battle with highbinders in Chinatown, San Francisco, Deputy Sheriff V. L. Bache was shot in the side and badly wounded. The bullet entered his right side and passed out at the back, but did not penetrate the abdominal cavity.

Ex-Gov. William J. Stone, temporary chairman of the national Democratic committee, drew a knife and started to pull a revolver on a reporter in St. Louis. The scene was the outcome of an interview, the reporter touching upon a transaction regarding the receivership of the Mullannby bank.

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BANK OFFICERS INDICTED

Said to Have Accepted Deposits After Their Concern Became Insolvent. ST. LOUIS, Mo., Feb. 24.-On application of a committee representing 1,600 creditors, warrants were issued to-day for the arrest of the following officers of the defunct Mullanphy Savings Bank: J. H. Rottman, president; Louis G. Kammerer, cashier; Henry Klages, Conrad Kellersman, Charles Schumacher, Joseph Marks, Casper Gestring and Frederick S. Bolte, directors. It is alleged in the warrant that the crime of grand larceny was committed by these bank officials in having accepted and sanctioned the reception of deposits aggregating $16,214 after they had knowledge of the fact that the bank was in an insolvent condition. Under the statutes of Missouri the reception of money by bank officials after they know the institution is insolvent is a felony. Application for the warrant was made by Messrs. Charles H. Reader, Louis Hermann, E. P. Gaines, William Theam and Philip Tauff, who made affidavit to the information on behalf of the creditors. Among the witnesses who are mentioned on the back of the information is Governor Stone, receiver of the bank. The Mullanphy Bank went into the hands of a received three years ago. When the bank failed three years ago it had nearly 1,600 depositors, and these, it is stated, have received 59 1-3 cents on the dollar. Their deposits aggregated more than $500,000. Despairing of securing a settlement in full by civil proceedings, the depositors finally decided to bring criminal action against the officers and directors of the bank. Several of the heaviest borrowers of the bank were speculators, whose notes were secured by the articles in which they were speculating.