980. California Savings Bank (San Diego, CA)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 14, 1891
Location: San Diego, California (32.715, -117.157)

Metadata

Model: gpt-5-mini
Short Digest: 5a5514e1

Response Measures

None

Description

The California Savings Bank (San Diego) suspended in late 1891 (articles cite Dec. 29, 1891) after the failure/suspension of the California National Bank (Nov. 10-13, 1891). The savings bank did not reopen; a receiver (Gen. Eli H. Murray) was appointed by court proceedings reported Mar 5, 1892. There is reporting of runs/coin shipments to San Diego generally after the national bank failure, but the savings bank itself is described as suspended and later placed in receivership following the national bank's collapse and alleged embezzlement by J. W. Collins. Dates taken from newspaper statements (Dec 29, 1891 suspension; receiver appointment Mar 5, 1892; arrest Feb 24, 1892).

Events (4)

1. November 14, 1891 Other

Newspaper Excerpt: $130,000 in coin was shipped to San Diego on Thursday by special train to help the other banks stand a run. ... the California Savings bank which was an adjunct of the suspended California national bank has also suspended, and was yesterday in the hands of the state bank examiner. This savings institution is officered by the same men who are at the head of the national bank, and is in fact the same institution.
Source: newspapers

2. December 29, 1891 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Suspension followed failure/suspension of the affiliated California National Bank (Nov 1891) and subsequent revelations (embezzlement by President J. W. Collins) undermining the institutions' solvency.
Newspaper Excerpt: the latter having suspended December 29, 1891.
Source: newspapers

3. February 24, 1892 Other

Newspaper Excerpt: J. W. Collins, President of the California National Bank, which suspended November 10th, was this morning arrested ... Collins is charged with embezzlement in the sum of $200,000. ... The California National Bank will carry down with it the California Savings Bank.
Source: newspapers

4. March 5, 1892 Receivership

Newspaper Excerpt: Gen. Murray ... has been appointed receiver of the California Savings bank by the superior court under proceedings instituted on behalf of the bank commissioners of California.
Source: newspapers

Newspaper Articles (17)

1. November 14, 1891 Los Angeles Herald Los Angeles, CA

Article from Los Angeles Herald, November 14, 1891

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THE SAN DIEGO PANIC. RESULTS OF THURSDAY'S NATIONAL BANK FAILURE. Other Banks Staving Off Runs-More Coin Forwarded from Los Angeler to Tide Them Over-The Cheyenne, Wyo., National Bank Forced to Suspend. News was received yesterday by the clearing house in this city that there was no great excitement at San Diego about the failure of the California national bank of that city, and that the other banks in that city were solid, and that there were no indications of any runs on any of the institutions. This official statement does not exactly tally with some facts in the matter. As stated in yesterday's HERALD, $130,000 in coin was shipped to San Diego on Thursday by special train to help the other banks stand a run. Yesterday the wires were kept hot by messages from the banks there asking for more money. The Los Angeles banks have plenty of coin-too much, most people think - but they were not disposed to let go of any more without ample security, which was furnished and telegraphically accepted. Drafts on San Francisco and Kansas City and a large amount of coin was forwarded last evening. How much could not be learned, but it is thought that at least $150,000 was sent. LOCAL NOTES ABOUT THE FAILURE. A banker in talking over the matter of the failure yesterday to a HERALD reporter said: "A complicating feature of the failure is the fact that the same financial kite fliers who run the busted bank formed a loan and trust company some time ago, and liberally loaned money on property, all in San Diego. I should judge that a very large percentage, possibly a quarter of all the mortgages on property in that city, are held by the loan and trust company, which is really the bank. You can see that the result may be serious to many people down there besides the aepositors. "The men at the head of the bank were wild cat sort of operators at the best. They were not given any credit up here, and the suspension was expected by conservative bankers. On the whole the result will be good. The other banks down there are as solid as can be, and as for the Los Angeles concerns they are as a whole as solid as the Bank of England." Mr. John Brennan, the proprietor of the-Hoffman house of this city, returned from San Diego last evening. Hestated to a HERALD reporter that the California Savings bank which was an adjunct of the suspended California national bank has also suspended, and was yesterday in the hands of the state bank examiner. This savings institution is officered by the same men who are at the head of the national bank, and is in fact the same institution. BANKS NOW IN GOOD SHAPE. Mr. H. W. Hellman, one of the com-

2. February 25, 1892 The Record-Union Sacramento, CA

Article from The Record-Union, February 25, 1892

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CHARGED WITH EMBEZZLEMENT. A San Diego Bank Official Placed Under Arrest. SAN DIEGO, Feb. 24.-J. W. Collins, President of the California National Bank, which suspended November 10th, was this morning arrested by United States Marshal Gard, on orders from the Attorney-General at Washington. Collins is charged with embezzlement in the sum of $200,000. He will have a preliminary examination here before Court Commissioner Ward. Until yesterday there were strong hopes that the bank would resume, as 90 per cent. of the stockholders had arranged to meet the necessary assessments. The California National Bank will carry down with it the California Savings Bank. The warrant for Collins' arrest was issued three days ago, but the order to serve it was not received until late Tuesday night. The complaint charges that Collins, as President and director of the California National Bank, unlawfully converted $200,000 of the bank's funds to his own use. The preliminary examination will be held before Court Commissioner Ward in a day or two. The latter intimates that Collins' bail will be fixed at $50,000. Receiver Pauly said to-day that the Treasury Department at Washington had been in possession of the information upon which the warrant was issued for six weeks, but had withheld action in

3. February 25, 1892 The Morning Call San Francisco, CA

Article from The Morning Call, February 25, 1892

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ARREST FOR EMBEZZLEMENT Sequel to the Suspension of a National Bank at San Diego. ALLEGED MISAPPROPRIATION OF FUNDS. Charges Against President Collins-Warrant Issued by the United States Attorney-General. SAN DIEGO, Feb. 24.-J. W. Collins, President of the California National Bank, which suspended November 10, was this morning arrested by United States Marshal Gard, on orders from the Attorney-General at Washington. Collins is charged with embezzlement in the sum of $200,000. Until yes terday there were strong hopes that the bank would resume, as 90 per cent of the stockholders had arranged to meet the necessary assessments. The California National Bank will carry down with it the California Savings Bank. For several days rumors of impending sensation have been current, but no one cared to openly charge what may be feared. Marshal Gard arrived on Monday, and it appears the warrant was issued two or three days ago, but the order to serve it was not received by the Marshal till late Tuesday night and was not served until to-day. Marshal Gard awaited at Hotel Brewster this morning until Mr. Collins, who resides there, came down from breakfast, when he called him to one side and served the warrant. Mr. Collins took his arrest very quietly. What the Complaint Charges. The complaint upon which the warrant for arrest was issued sets forth that Collins, as President and Director of the California National Bank, "by virtue of such employment, and while SO employed and acting, without the knowledge or consent of said association or of its Directors, did then and there abstract money, credits and assets of saidbank, namely $200,000, and convert the same to his own use with intent thereby to defraud and injure said bank. and did then and there, as such President and Director, and as agent of said bank, and by virtue of such employment, and while SO employed and acting, receive and take into his possession large sums of money, funds and credits of said bank. and which he then and there held for and in the name of and on account of said banking association, and while SO holding and having in his possession said money, funds and credits did embezzle and convert to his own use certain portions or parts of said funds, money and credits, viz.: $200,000, with intent then and there and thereby to injure and defraud said banking association." Dmnin

4. March 6, 1892 The Helena Independent Helena, MT

Article from The Helena Independent, March 6, 1892

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One of Collins' Concerns. SAN DIEGO, Cal., March 5.-Gen. Murray, of this city, has been appointed receiver of the California Savings bank by the superior court, under proceedings instituted on behalf of the bank commissioners of California. This step is necesitated by the failure of the California National bank, in order, if possible, to secure depositors of the savings banks, of which President Collins, who committed suicide, was vice-president and active director.

5. March 6, 1892 The Salt Lake Herald Salt Lake City, UT

Article from The Salt Lake Herald, March 6, 1892

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Governor Murray Appointed Receiver. SAN DIEGO, March 5.-General Murray, of this city, has been appointed receiver of the California Savings bank by the superior court under the proceedings instituted on behalf of the bank commissioners of California. This step was necessitated by the failure of the California National bank in order, if possible, to secure the depositors of the savings bank, of which President Collins, who suicided, was vice-president and active director.

6. March 6, 1892 Omaha Daily Bee Omaha, NE

Article from Omaha Daily Bee, March 6, 1892

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Another California Bank Involved. SAN DIEGO, Cal., March 5.-General Murrat of this city has been appointed receiver of the California Savings bank by the superior court under proceedings instituted in behalf of the bank commissioners of Califor-

7. March 8, 1892 Morning Appeal Carson City, NV

Article from Morning Appeal, March 8, 1892

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PERSONAL. Evan Williams is busy at the Bay. E. B. Rail, the hardware dealer, is having his large sign repainted. Rail i₃ a great believer in advertising. Geo. Kitzmeyer's youngest son, George, was severely kicked on his left leg by a horse at Washoe Lake Sunday. M. Cohn, one of the Directors of the Carson Valley Flour Mil Company, f els confident that the stock will pay two and one half per cent. per month on the investment. Cer tificates will soon be issued to stockholders. General Eli H. Murray of San Diego, formely Governor of Utah, has been appointed receiver of the California Savings Bank at San Diego by the Superior Court, under proceedings instituted by Attori eyGeneral Hart on the behalf 0 the Bank Commissioners of California.

8. March 10, 1892 Eagle River Review Eagle River, WI

Article from Eagle River Review, March 10, 1892

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BANK GOES TO A RECEIVER. Settling the Affairs of the California Savings Institution. SAN DIEGO, Cal., March 5,-Gen. El H. Murray, of this city, has been ap pointed receiver of the California Savings Bank by the supreme court under proceedings instituted by Attorney General Hart on be half of the bank commissionen of California. This step was necessi tated bv the failure of the California National Bank to secure the depositor of the Savings Bank, of which Presiden Collins, who committed suicide, was vice-president and an active director.

9. March 25, 1892 Idaho Semi-Weekly World Idaho City, ID

Article from Idaho Semi-Weekly World, March 25, 1892

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Mining California. FORGED ORDERS DISCOVERED. An Escaped Convict From San Quentin Caught After Being Free for Several Years. A cavalry troop is to be organized at Portland. Governor Colcord has appointed April 1 as the arbor day for Nevada. The Dayton mine at Silver City, Nev., is being worked under a lease. At Boise, Idaho, one Rumpel is suing loss the Union Pacific for $20,000 for the of a leg at Namps. San Diego, it is said, is to be made and the distributing point of the St. Paul Tacoma Lumber Company. The British government refuses to recognize the claim of Captain McLean, seised by the Russians in the Behring Sea, to the protection of the British flag. Tobias H. Seeling, a prominent resident of Phoenix, A. T., killed himself, owing to financial losses and involve- funds ments in the expenditure of the of the Knights of Pythias lodge. At Victoria, B. C., the eagles have been set free from the park, the wolves owshot, and the deer will be liberated, to aping to the refusal of the Council propriate funds for their support. Bradstreet's mercantile agency reports fourteen failures in the Pacific Coast States and Territories for the past week, week against twenty-three the previous and twenty the same week of 1891. The report that the First National the Bank of Great Falls, Mont., is in hands of a bank receiver is false, and of a reward has been offered for the name the person who originated the report. A number of forged orders on various departments at Sacramento for salaries are in existence, amounting altogether disto over $1,700. The forgeries were covered on presentation of several to the City Auditor. The suit of Mrs. A. J. Fiske against for Travelers' Insurance Company D. the $10,000 on the life of her husband, J. it is on trial at Fresno. Fiske, will Fiske, be remembered, was shot and killed by John Stillman. The residents of Nogales, A. T., and a mettlers in the vicinity have organized protective association to fight the about Cameron grant title, which embraces the 25,000 acres on the American side of line, including the town of Nogales. The appearance of United States troops a Ukiah, Cal., seems to have given surprise at to the people. It is claimed there have been gross misrepresentations over the occupation of reservation lands, and that there 18 no dispute that cannot be settled by the courts. A dispatch from Phoenix, A. T., says: A An order has been received discontinuing all agencies on the stage lines in the Territory. This arrangement without leaves several important towns express. Private parties have arranged to carry on the business as before. General Eli H. Murray of San Diego, formerly Governor of Utah, has been appointed receiver of the California Savfo ings Bank at San Diego by the Superior by Court under proceedings instituted the b Attorney-General Hart on behalf of Bank Commissioners of California. d Information has arrived at Holbrook, the b A. T., of the death or capture of who 0 band of renegade Anache Indians White have infested the borders of band e Mountain Indian reservation. The numbered five bucks and six women and children. Three men were killed. g Five vessels of the Pacific squadron p will remain at Victoria during the summer and threein southern waters. Those at to remain at Victoria are the Warspite, MelW Champion, Pheasant, Daphne and Garnet while the Nymphe and p will pomene, look after British interests in the D south. Mrs. Mary Sheldon Barnes, wife of iz Prof. Earl Barnes of the chair of education in the Leland Stanford (Jr.) Unito versity, has been appointed assistant Lein modern history in the be professor land Stanford (Jr.) University. Mrs. eu Barnes is widely known both as a teacher m and a writer of historical subjects. tu There is a big mining excitement on st the South Fork of Clear creek, known as an the South Fork district, sixteen miles The west of Anderson, Shasta county, from Cal. bu Rich silver ore has been taken ore three uncovered mines lately. The at mills from $350 to $600 a ton. Money works. is ha for the erection of reduction co Prospectors up are going in squads daily di Just after the polls closed in the rean eri cent municipal election at Sacramento 'Big a Francisco politician named hi ma San Neck " Smith shot and killed Patrick tra Brannigan, a plasterer, during a quarrel election. Smith shot Branniin about twice, the and as the latter fell, Smith Its gan the pistol to his head and fired a tio third placed shot. Brannigan died instantly. Co The grip has again reached the Inex dians in Alaska, and the fatalities are do severe according to a recent arrival very Victoria, B. C., from Alaska. The Indians at around Juneau, Wrangel and tio the hit Chileat, says this authority, are in a the of terror and at all the camps and Sel villages state holes have been dug, into which ica the dead Indians are unceremoniously ela in thrown. At Oreana, Owyhee county, Idaho, iners Deputy Constable Fleming shot and reli killed Samuel J. Pritchard, a ) stantly United States Marshal. Fleming sia Deputy warrant for Pritchard's acrest on a ten simple had a assault charge, and because the car latter would not hold up his hands at fab command of Fleming he was shot. nis the There is much excitement over the afsty fair. Pritchard was unarmed. we While the members of the Order of way Chosen Friends were dropping sprigs of tri evergreen in the grave of Colonel John the Brady at Virginia City the other day, the T. Father Lynch forbade that ceremony. order was not obeyed, when the fa- Ch The ther announced that hereafter no mem- tio the of the Order of Chosen Friends in would bers be allowed to enter the consethe ground of the Catholic cemetery sui crated a representative body. He also spoke we as disparagingly of the custom of placing cer costly emblematic offerings on the biers Ru of deceased persons. The unusual incl of created considerable excitement at dent the graveside, and caused widespread

10. May 25, 1897 The Wheeling Daily Intelligencer Wheeling, WV

Article from The Wheeling Daily Intelligencer, May 25, 1897

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NATIONAL BANKS' RIGHTS. Sepreme Court Decide that they Cannot Deal in stocks. WASHINGTON D. C., May 24.-The questions whether the statutes relating to national banks prohibiting them from purchasing or subscribing to the stock of another corporation, and whether the want of authority can be urged by the bank to defeat an attempt to enforce against it the liability of a stockholder, were passed on by the supreme court to-day. in the case of the California National Bank, plaintiff in error. vs.Nat Kennedy. It was held that the California National Bank. of San Diego, held 990 shares of stock of the California Savings Bank, the former having suspended on November 13, 1891, and the latter December 29. 1891. The superior court of San Diego county, held that the national bank was responsible to the creditors of the savings bank to the amount of $18,507. the former making the defense indicated above. The court holds a national bank has no right to deal in stocks. although it may accept them as security and that it may plead Its wants of power as defense in a case like the one in question The transaction In the stock of the savings bank is held to have been void and the judgment of the supreme court of California against the national bank is reversed.

11. May 25, 1897 The Herald Los Angeles, CA

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Over News Received From Washington THE BLYTHE CASE DECIDED THE DAUGHTER'S TITLE NOW UNDISPUTED Anxiety of Office-Seekers Somewhat Relieved by the Ruling in the Parsons Case Associated Press Special Wire. WASHINGTON, May 24.-In the Supreme Court today the case of Blythe vs. Hinckley, involving the estate of the late Millionaire Blythe of California, was dismissed for want of jurisdiction. The effect is to leave the property in the possession of Mrs. Hinckley, daughter of the millionaire. SAN FRANCISCO, May 24.-The decision of the United States supreme court was received by Mrs. Hinckley of this city today with undisguised satisfaction, as it virtually settles her title to the Blythe estate forever. The appeal taken to the supreme court by the "Kentucky" Blythes from this state was their last effort to secure their alIged rights as against Mrs. Hinckley, who, being an alien. had no legal right to inherit property in this country, according to the construction of the law of inheritance. NATIONAL BANK LAW. WASHINGTON, May 24.-The question whether the statutes relating to national banks, prohibiting them from purchasing or subscribing to stock in another corporation, can be urged by the banks to defeat an attempt to enforce against them liability of stockholders, was passed on by the Supreme Court today in the case of the California National Bank, plaintiff in error, vs. Nat Kennedy. It was held that the California National Bank of San Diego held 990 shares of stock of the California Savings Bank, the former having suspended November 12, 1891, and the latter December 29, 1891. The Superior Court of San Diego county held the National bank was responsible to the creditors of the savings bank to the amount of $18,507, the former making the defense indicated above. The Federal court holdsa national bank has no right to deal in stocks. although it may accept them as securities and it may plead its want of power as a defense in a case like the one in question. The transaction in stock of the savings bank is held to have been void and the judgment of the Supreme Court of California against the national bank is reversed. THE PUBLIC DOMAIN WASHINGTON, May 24.-The Supreme Court today affirmed the decision of the Court of Private Land Claims in the case of the Chama Spanish Land Grant, involving the title to 427,763 acres in Rio Ariba county, N. M. The decision of the Court of Private Lands was favorable to the contention of the government and is sustained. The Supreme Court refused to reverse the decision of the United States Circuit Court of Appeals for the Eighth circuit in the case of Daniel H. Camfield vs.United States et al., which charged them with enclosing in a fence 20,000 acres of the public domain of Colorado. They were ordered to remove the fence, but refused to obey the order. The tract is materially reduced by the decision. HATED TO LET GO WASHINGTON, May 24.-Justice Peckham today handed down an opinion in the case of L. E. Parsons, late district attorney for the northern district of Alabama. The determination of this case has been looked forward to with interest because of its possible effect upon the removal of officeholders incident to the change of administration. Parsons was removed from the office of United States district attorney in Alabama in 1893, having been appointed in 1890. He wrote a letter to the president refusing to surrender the place on the ground that as he had been appointed for a term of four years, the president had no right to remove him before the expiration of that time. He has fought the case through the various federal courts on this theory, losing in the lower courts, as he did today in the supreme court.

12. May 25, 1897 Wheeling Register Wheeling, WV

Article from Wheeling Register, May 25, 1897

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SUPREME COURT. The Highest Judicial Tribunal Gives Opinions Oil Several Important Matters. Washington, D. C., May 24.-In the United States Supreme Court to-day Justice Peckham handed down the opinion of the court in the case of L.E. Parsons, late district attorney for the northern district of Alabama, appealed from the Court of Claims. The decision was adverse to Parsons's claim, that he was entitled under section 769 of the revised statutes to hold his office for four years, notwithstanding the President's order or removal. Justice Peckham said that while the appointment was for four years, it might be terminated earlier at the discretion of the President. The Supreme Court decided two cases to-day, holding that the United States Inter-State Commerce Commission has no power to prescribe rates on railroads or pass upon rates not in effect. The cases were those of the commission VS. the Cincinnati & New Orleans Railroad Company, and the Florida & Western Company. The court affirmed the decision of the court below in the case of C.S. Wright, of Pittsburg, Pa., charged with a violation of a portion of the InterState commerce law prohibiting discrimination. Wright granted rebates on beer to pay for drayage. This action was held to be in violation of the law. The questions whether the statutes relating to national banks, prohibiting them from purchasing or subscribing to the stock of another corporation, and whether the want of authority can be urged by the bank to defeat an attempt to force against it the liability of a stockholder, were passed on by the Supreme Court to-day in the case of the California National Bank, plaintiff in error. VS. Nat Kennedy. It was held that the California National Bank of San Diego, held 990 shares of stock of the California Savings Bank, the former having suspended on November 13. 1891, and the latter December 29, 1891. The Superior Court of San Diego county held that the national bank was responsible to the creditors of the savings bank to the amount of $18,507. the former making the defense indicated above. The court holds a national bank has no right to deal in stocks, although it may accept them as security and that it may plead its want of power as defense in a case like the one in question. The transaction in the stock of the savings bank is held to have been void and the judgment of the Supreme Court of California against the national bank is reversed.

13. May 25, 1897 Deseret Evening News Salt Lake City, UT

Article from Deseret Evening News, May 25, 1897

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case of the California National bank, platotiff in error. VS Nat Kennedy. The California National bank of Ban Diego held 990 shares of stock of the California Savings bank, the former having suspended November 12, 1891, and the latter December 29, 1891. The superior court of San Diego county held the national bank was responsible to the creditors of the savings bank to the amount of $18,507, the former making the defense indicated above. The court holds a national bank has no right to deal in stocks, although it may accept them as security, and it may plead its want of power as a defense in & case like the one in ques. tion. Toetransaction in the stock of the savings bank 18 held to have been vold, and the judgment of the supreme court of California against the Nationa) bank 18 reversed. Justice Harian delivered the court's opinion in the case of Ana J. Dominguez de Guyer et al V8 William Bau. ning. The case involved the ownership of Mormon island, in the inner bay of San Pedro, Cal., and was appealed from thesupreme court of California. D mioguez claimed, under a grant from Mexico, ten square leagues, granted in 1810. Binning claimed 2n patent from the United States dated in 1881. Banning's title was confirmed by the court below, and that opinion was sustained by today's decision. The case was regarded as important occause of the government's interest in 11.

14. May 25, 1897 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, May 25, 1897

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The reversal was on a comparatively unimportant point and the tract is not materially reduced by the decision. The question whether the statutes relating to national banks, prohibiting them from purchasing or subscribing to stock in other corporations, can be urged by the banks to defeat an attempt to enforce judgment against the liability of stockholders, was passed on by the supreme court today in the case of the California National bank, plaintiff in error vs. Nat Kennedy. It was held that the California National bank held 990 shares of stock of the California Savings bank, the former having suspended November 12, 1891, and the latter December 29, 1891. The superior court of San Diego county held that the national bank was responsible to creditors of the savings bank to the amount of $18,507, the former making the defense indicated above. The court holds that a national bank has 1.0 right to deal in stocks, although it may accept them as security, and It may plead its want of power as a defense in a case like the one in question. The transaction in the stock of the savings bank is held to have been void, and the judgment of the supreme court of California against the national bank 'is reversed. The expected decision of the supreme court in what is known as the Nebraska maximum freight rate case was not rendered today, and as the court adjourned for the term, a decision cannot be announced before next autumn. After rendering final decisions in thirtysix cases and giving attention to other business incident to the last sitting of the term. the United States supreme court adjourned today until October. When the court crier announced the adjournment, there were apparently 380 cases on the docket undisposed of, but there were actually 359 cases, twenty-one having already been argued and submitted. This is a smaller number that the record of the court has shown for thirty years.

15. May 27, 1897 The Morning News Savannah, GA

Article from The Morning News, May 27, 1897

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NO RIGHT TO DEAL IN STOCKS. Supreme Court Reverses Decision in Case From California. Washington, May 26.-The questions whether the statutes relating to national banks prohibiting them from purchasing or subscribing to the stock of another corporation and whether the want of authority can be urged by the bank to defeat an order enforced against it by the liabilItles of a stockholder, were passed upon by the supreme court yesterday in the case of the California National Bank, plaintiff in error, vs. Nat Kennedy. It was held that the California National Bank of San Diego held 990 shares of stock of the California Savings Bank, the former having suspended on Nov. 12, 1892. and the latter on Dec. 19, 1891. The superior court of San Diego county held that the national bank was responsible to the creditors of the savings bank to the amount of $18,507, the former making the defense indicated above. The court holds that as a national bank has no right to deal in stocks, although it may accept them as securities, it. may plead its want of power as defenses in a case like the one in question. The transaction in the stock of the savIngs bank is held to have been void and the judgment of the supreme court of Calversed. ifornia against the National Bank is re-

16. May 29, 1897 The Coeur D'alene Press Coeur D'alene, ID

Article from The Coeur D'alene Press, May 29, 1897

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IMPORTANT LAND CASES TITLES TO SEVERAL TRACTS IN NEW MEXICO INVOLVED. San Miguel del Bade Grant and the Sandoval Cases Decided Against the United States. Washington, May 25.-Several important cases were decided by the United States supreme court on appeal from the court of private land claims. One of these. in which an optnton was rendered by Chief Justice Fuller, invoived title to the San Miguel del Bado land grant, including 215.000 acres, in New Mexico. Two cases were included in the decision, one being an appeal by the United States vs. Julian Sandoval, and the other an appeal by Levi P. Morton vs. the United States. The decision in the latter case was favorable to Morton, and in the former in favor of Sandoval, and therefore against the United States in both instances. The court affirmed the decision of the court of private land claims in the case of the Chama Spanish land grant, Involving title to 427,763 acres in Rio Ariba county, New Mexico. The decision of the court of private lands was favorable to the contention of the government, and is surtained. The supreme court refuses to reverse the decision of the United States circuit court of appeals for the Eighth circuit in the case of Daniel H. Camfield vs. the United States. Camfield and William Drury were charged with enclosing in fence 20,000 acres of the public domain in Colerado. They were ordered LO remove the fence, but refused to obey the order. It appears that they purchased odd sections of land from the Union Pacific Railroad Company, and enclosing their land practically fenced the government land as well. The decisions of the courts below were against the claims. Justice Brown held them valid. The court, in an opinion by Justice Brown, reversed the opinion of the court of private land claims in the case of Joel Parker Whitney vs. the United States, involving title to 100,000 acres in New Mexico. Difficulty in dealing with the case was found in the fact that there was doubt as to the location of the north and west boundaries. The court decided that the holding of the court below as to the northern boundary line was correct, but the western boundary was not. It was on this account the case was reversed. The reversal was on a comparatively unimportant point, and the tract is materially reduced by the decision. Liability of Stockholders. The question whether the statutes reating to national banks, prohibiting them from purchasing or subscribing to the stock of other corporations, can be urged by banks to defeat an attempt to enforce the liability of stockholders. was passed on by the supreme court today in the case of the California National bank, plaintifi in error. vs. Nat Kennedy. It was held that the California National bank of San Diego held 990 shares of stock of the Callfornia Savings bank, the former having suspended November 12. 1891. and the latter December 29, 1891. The superior court of San Diego county held that the national bank was responsible to the creditors of the savings bank to the amount of $18,507. the former making the defense indicated above. The court holds a national bank has no right to deal in stocks, although It may accept them as securities, and It mas plead its want of power as a defense in a case like the one in question. The trans action in stock of the savings bank is held to have been void, and the judgment of the supreme court of California against he national bank is reversed. Other Decisions. The case of Biythe vs. Hinckley, Involving the estate of the late millionaire Biythe of California, was dismissed for want of jurisdiction. The effect is to leave the property in possession of Mrs. Hinckley, daughter of the millionaire. The expected decision of the court in what is known as the Nebraska maximum freight rate case was not rendered today and as the court adjourned for the term a decision can not be announced before next autumn. Senator Vest. democratic member of the finance committee, was then recoge nised. "We know," he said. "the desper ate condition of the ceuntry. the ruined homes, the blasted hearts. If prosperity can come from any scurce, even from our adversaries, we will bless the movement. I do not believe the imposition of higher tariff duties will dispel the clouds hanging above us, bring back the sun shine and illumine the whole country. The Tariff Fight. The galleries of the senate were crowd ed Wednesday to be present at the tariff debate. The formal reading of the bill was begun, and the consideration of paragraph by paragraph was started The first fight occurred over the finance committee raising the duty on boracie acid from 4 to 5 cents per pound. Vest moved to reduce it to 3 cents. Jones of Arkansas supported him and criticised the committee as adding to the profits of the English company which was about to purchase all the borax lands and plants in Nevada. California and Oregon. White of Callfornia said facetiously that he wanted a share in the distribution of favors, and said the English negotiations had failed Senator Vest's amendment to reduce the rate on borax to 3 cents a pound was de feated. Yeas 20, nays 34. Allison of Iowa secured the passage of a joint resolution appropriating $225,000 for the deficiency in the government printing office. The sen ate adopted the Chandler resolution authorising the sending of supplies to the

17. May 29, 1897 The Kootenai Herald Bonners Ferry, Kootenai, ID

Article from The Kootenai Herald, May 29, 1897

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IMPORTANT LAND CASES TITLES TO SEVERAL TRACTS IN NEW MEXICO INVOLVED. San Mignel del Bado Grant and the Sandoval Cases Decided Against the United States. Washington, May 25.-Several important cases were decided by the United States supreme court on appeal from the court of private land claims. One of these. in which an opinion was rendered by Chief Justice Fuller, involved title to the San Miguel del Bado land grant, including 315,000 acres, in New Mexico. Two cases were included in the decision, one being an appeal by the United States vs. Julian Sandoval, and the other an appeal by Levi P. Morton vs. the United States. The decision in the latter case was favorable to Morton, and in the former in favor of Sandoval, and therefore against the United States in both instances. The court affirmed the decision of the court of private land claims in the case of the Chama Spanish land grant, Involve ing title to 427,763 acres in Rio Ariba county, New Mexico. The decision of the court S of private lands was favorable to the conV tention of the government, and is sustained. The supreme court refuses to reverse S the decision of the United States circuit court of appeals for the Eighth errcuit in the case of Daniel H. Camfield vs. the R. United States. Camfield and William Drury were charged with enclosing in fence e 20,000 acres of the public domain in Colorado. They were ordered to remove the n fence, but refused to obey the order. It appears that they purchased odd sections of land from the Union Pacific Railroad Company, and enclosing their land pracf tically fenced the government land as Ф well. The decisions of the courts below r were against the claims. Justice Brown n held them valid. The court, in an opinion by Justice d Brown, reversed the opinion of the court of private land claims in the case of Joel y Parker Whitney vs. the United States, involving title to 100,000 acres in New Mexico. Difficulty in dealing with the case was found in the fact that there was 8, doubt as to the location of the north and west boundaries. The court decided that ts the holding of the court below as to the er northern boundary line was correct, but e the western boundary was not. It was on ts this account the case was reversed. The er reversal was on a comparatively unimon portant point, and the tract is materially reduced by the decision. is Liability of Stockholders. rs The question whether the statutes repe lating to national banks, prohibiting them afrom purchasing or subscribing to the ry stock of other corporations, can be urged ry by banks to defeat an attempt to enforce th the liability of stockholders, was passed ns on by the supreme court today in the case & of the California National bank, plaintiff it, in error, vs. Nat Kennedy. It was held ng that the California National bank of San Diego held 990 shares of stock of the Calinsts fornia Savings bank, the former having suspended November 12, 1891, and the latto ter December 29, 1891. The superior court mit of San Diego county held that the national all bank was responsible to the creditors of the savings bank to the amount of $18,507 above. the former making the defense indicated The court holds a national bank has no et right to deal in stocks, although it may baccept them as securities, and it may atplead its want of power as a defense in a he case like the one in question. The transles action in stock of the savings bank is SSheld to have been void, and the judgment let of the supreme court of California agains rm the national bank is reversed. Other Decisións. th ce, The case of Blythe vs. Hinckley, involv ining the estate of the late millionaire 10Blythe of California, was dismissed for ar. want of jurisdiction. The effect is to leave ed, the property in possession of Mrs. Hinck to ley, daughter of the millionaire.