986. Consolidated National Bank (San Diego, CA)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
3056
Charter Number
3056
Start Date
June 21, 1893
Location
San Diego, California (32.715, -117.157)

Metadata

Model
gpt-5-mini
Short Digest
4982522e

Response Measures

Full suspension, Books examined

Other: Receiver appointed (O'Connor). Comptroller/examiner involvement noted.

Receivership Details

Depositor recovery rate
79.5%
Date receivership started
1893-07-24
Date receivership terminated
1902-03-31
OCC cause of failure
Losses
Share of assets assessed as good
22.7%
Share of assets assessed as doubtful
39.5%
Share of assets assessed as worthless
37.8%

Description

The Consolidated National Bank of San Diego experienced a depositor run on/around June 21, 1893 following suspensions and failures in Los Angeles; it suspended payment the same day and was placed in the hands of a receiver (O'Connor) and did not resume normal business (resumption hopes later abandoned). OCR errors corrected (e.g., 'Consolit dated' -> Consolidated).

Events (5)

1. September 22, 1883 Chartered
Source
historical_nic
2. June 21, 1893 Run
Cause
Local Banks
Cause Details
Run triggered by suspensions and failures of several Los Angeles banks (contagion from LA bank closures).
Measures
Suspended payments; bank later placed under examination and eventual receivership (examiner Pauley/F. N. Pauley and Receiver O'Connor involved).
Newspaper Excerpt
Following in the wake of the financial troubles in Los Angeles the Consolidated National bank suspended payment this morning. ... owing to a run consequent upon the morning suspensions.
Source
newspapers
3. June 21, 1893 Suspension
Cause
Local Banks
Cause Details
Suspension due to heavy withdrawals and financial stringency precipitated by Los Angeles bank failures and runs; assets illiquid (loaned in real estate).
Newspaper Excerpt
SAN DIEGO, Cal., June 21.-Following in the wake of the financial troubles in Los Angeles the Consolidated National bank suspended payment this morning. A notice on the door gives as the reason the financial stringency and declares that depositors will be paid.
Source
newspapers
4. July 24, 1893 Receivership
Source
historical_nic
5. August 11, 1893 Receivership
Newspaper Excerpt
Receiver O'Connor has been full of work since Monday morning, and has almost finished the transfer of the Consolidated National Bank's affairs from Examiner Pauley. ... What the stockholders may do to hasten resumption cannot be told until the exactions imposed by the Comptroller are made known, and those in turn will await the report from Receiver O'Connor.
Source
newspapers

Newspaper Articles (21)

Article from The Indianapolis Journal, June 22, 1893

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Bank Failures in California, Los ANGELES, Cal., June 21.-Four banks closed their doors to-day. They were the First National, Southern California, Broadway Bank and East Side Bank. All claim that the depositors will be paid in full. The failures were caused by theouspension yesterday of the State and University banks, also of this city. Depositors became frightened and wanted their money at once. The liabilities of the First National are $1,250,000; assets. 81,730,000. The other institutions are, comparatively speaking. small concerns. As a result of the Los Angeles failures the Consolidated National Bank, of San Diego, also closed its doors to-day.


Article from Abendblatt Der Illinois Staats-Zeitung, June 22, 1893

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Die Bantgrippe. Die Geuche, die man bank run nennt, ift auf ihrem RunDlauf auch in der Stadt Ser Engel - Los Angeles - eingetroffen Die und hat im Gturme vier Banten, ",Southern California Banf", Crite Ra= tionalbanf, Broadman Banf und Caftide Bant, niedergeftreett. Mehr als Techsmal Sunderttaufens Dollars waren in menigen Tagen Der (Friten Nationalbank entzogen worden and da Das Bolf feine Bernunft annehmen mollte, musten Sie Bahlungen Sen eingeftellt merden. Gleiches mar mit übrigen Banten, Die vorhin genannt mour den, der Fall. run hat der Bantrebifor Sie GerberDing erit por ganz furzer Beit Banfen unterjucht und geftern baraufhin Sie Heußerung gethan: Bornirtheit wäre faum fräftig genug, den gegenwärtigen Un= fturm auf dortige Banfen 311 bezeichnen Senn günftiger geitellt jeien Diefelben noch nicht gerveien. was fümmert fich aber der Underftand um Gründe; nach Gründen fucht derjelbe überhaupt nicht. Wie biel= leicht bei ganz blindem Barm Sie Menge Sem Dusgange zii eilt und Drängt, ohne Rüdficht Darauf, men fie in ihrer tollen Saft niedertrampele, io wälzt fich auch das Bolf auf ein blobes (Serücht hin nach den Gtätten hin, mo es jeine Criparnifie hin= terlegt hat, indem Jeder dem Underen nor= zufommen fucht, ohne Rüdficht Darauf, dat den Letten die Sunde beigen. Reiner will Sex Gebiffene fein. Denn alle Gläubiger fann Sie Bant boch nicht auf einmal befrie= Sigen, 10 menig mie der einzelne Geichäfts= mann, menn auch eine Bermögenstage eine noch 10 glänzense märe. 2luf der Grundlage Des Predits beruht das ganze Gejchäftsleben. Das (Sine fönnte ohne das Undere nicht beftehen. In Can Diego, der anderen Sauptitast in Cubcalifornien, hat die Bahlungsein= ftellung der LOS Ungelefer Banfen die zeit= meiligeCinftellung SerGejchäfte in Der,, (Sonjolidated National Bant" zur Folge gehabt und in der damit eng aufammenhängenben ",Gabings Bant of Gan Diego". 50 müffen die Gläubiger der lefteren mit unter dem Unberftand Der Thoren in LOS Ungeles leiben und in den nächiten Iagen mird man auch bon Banfbritchen in Nord= californien and Die ganze Stüfte hinauf bis nach Waihington 311 hören betommen. Die Bantgrippe muß eben ihren RunSlauf bollenben.


Article from The Seattle Post-Intelligencer, June 22, 1893

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CONDENSED DISPATCHES. An order was issued on June 20 for the cruiser Atlanta to return from Nicaragua, the trouble there being at an end. The business transacted at the Trans-Missouri congress at Denver on June 20 was contined to reading rules ad opted at Chicago. Those distillers fighting the whisky trust are preparing s history of that institution to aid the attorney general of Illinois to fight it. An elaborate banquet was given at the Auditorium in Chicago on June 20, in honor of Gov. Markham, of California, by Californians in "ex. ile." "The Consolidated National bank and the First National bank. of San Diego, suspended payment yesterday. Both banks are expected to resume shortly. Three privates of the Queen Victoria" Life Guards, who came to Chicago to take part in the British military touruament, have been sent to the poorhouse, owing to some misun. derstanding about their passage and their inability to take care of themselves. The conference at Pittsburg on June 20, of the joint committee of the Amalgamated Association of Iron and Steel Workers and the manu. facturers to fix a scale of wages, failed to agree, the manufacturers refusing to grant a 10 per cent advance for rolling steel. Another conference is to be held


Article from The Daily Morning Astorian, June 22, 1893

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BANK FAILURES IN LOS ANGELE. Los Angeles, Cal., June 21. The Southern California National Bank and the Los Angeles National Bank here have closed their doors. Later in the day the Broadway bank and the East Side bank closed their doors. The First National has announced that the withdrawals of the last two days exceeded $600,000. Bank Examiner Gerberding says the run on the banks is senseless, and that they are all fully solvent. The suspensions created much excitement and great crowds gathered on the streets. Runs were made upon the Farmers and Merchants' and the Los Angeles Banks. The former paid all deposits promptly, but the latter announced it would pay only small depositors, and give the larger part in cash and the remainder in certificates payable in rixty days. San Diego, June 21.-Following in the wake of the financial troubles is To Angeles, the Consolidated National Bank suspended payment this morning The Savings Bank of San Diego, which has its office with the Consolidated National, and which is closely related in management, suspended at the same time, owing to a run consequent upon the morning suspensions. The First National closed its doors this afternoon. Portsmouth, Ohio, June 21.-The Citizens' Savings Bank has failed.


Article from The Sun, June 22, 1893

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SIX BANKS CLOSE. Four of Them Are at Los Angeles and Two at San Diego. Los ANGELES. Cal.. June 21.-Four banks closed their doors to-day. They were the First National. Southern California. Broadway Bank. and East Side Bank. A large crowd assembled at the corner of First and Spring streets early in the forenoon. At 10 o'clock notice was placed upon the doors of the Southern California to the effect that the bank will not open to-day. All eyes were turned to the Los Angeles National. which is situated on the opposite corner. Another large crowd was in front of the First National and the Farmers' and Merchants' Bank. There had been all sorts of rumors on the street about the former. but few people in the crowd. a large majority of whom were curiosity seekers, doubted for a moment that the doors would be open at the usual hour. but a notice was posted on the doors of th.e First National to the effect that owing to a heavy run upon the bank it must close. At San Diego the Consolidated National and the Savings Bank of San Diego suspended. There is no question of the assets of these banks. They all have twice as much assets as liabilities. but their money is loaned out on real estate. and it can't be taken in at demand. It is feared that all the banks will have to close for a few days. as none can stand a steady run. It is also feared that several San Francisco banks. which have been helping local banks. will be embarrassed. San Francisco bankers here were very nervous over the news from Los Angeles. It is expected that a run will be made on several San Francisco banks which are known to be involved with these Los Angeles institutions. and which have large sums loaned on Southern California property.


Article from Deseret Evening News, June 22, 1893

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fornia to the effect that the bank would not open today. A large crowd was In front of the First National and the Farmer's and Merchants's bank. A notice was placed upon the doors of the First National to the effect that owing to a heavy run upon the bank amounting to over $600,000, the bank had been closed by order of the board of direct. orn. The East Side bank doors bore the following notice: "On account of not being able to cash New York and San Francisco exchange. we are compelled to close the doors. Depositors will be paid in full." Promptly at 10 o'clock this morning the Los Angeles National Bank opened its doore. A long line of depositors stretching along the street extending north on Spring street for over one hundred feet, were on hand. Just be. fore the iron gates swung open Mayor Bonebrake appeared on the steps bare. headed as he appeared yesterday and addressing the crowd said: "Not a depositor of this vault will lose a dollar of his money, for the bank can pay two dollars for one. I appeal to de. positors to have patience." The speech was greeted with cheers. The Farmere' and Mechanics' bank stood a strong pull on its coffer. The officers declared they were prepared to meet any demand. President J. M. Elliott of the First National said: "When this thing commenced We had over $800,000 cash in hand and with our correspondents subject to check at sight, and we considered our. selves from the class of paper held, in a most excellent condition. The unprecedented run of the past two days, during which time We have paid checks of over $600,000, was more # than we could stand. The amount of t liabilities to depositors will be some# where in the vicinity of $250,000. against which we have all our billie rc. ceivable, the capital and surplus which will amount in the aggregate to $500,000 more than this sum." whe Brooklyn bank on the corner of Sixth and Broadway, failed to open # this morning. Against the glass of the door was a notice that depositors would be all paid. The only liabilities are # call deposits. Twelve thousand dollarsin certificates of deposits are due t in September, and $10,000 shortly after, 0 a total of $22,000, besides commercial , loans well secured of $40,000, and , other securities of $20,000, a total of $66,000. SUSPENDED PAYMENT. SAN DIEGO, Cal., June 21.-Following in the wake of the financial troubles in Los Angeles the Consoli, dated National bank suspended pay. ment this morning. A notice on the f door gives as the reason the financial f stringency and declares that depositors , will be paid. The assets are said to be 1 much larger than the liabilities but B no complete statement is now obtainr able. / The Savings bank of San Diego, f which has an office with the Consolit dated National and which is closely S related in management, suspended at the same time. The Consolidated is one of the largest and had been considered the most substantial in town. H Owing to the run consequent upon the 1 morning suspensions, the First National closed its doors this afternoon. It is r thought it will be amply able to meet all liabilities. No statement is now obtainable.


Article from The State Republican, June 29, 1893

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WEST AND SOUTH. FIRE wiped out the village of Jeffersontown, Kv. A MOB which was supposed to have lynched Lee Bennett at Gleason. Tenn. hung Jim Harris, an innocent man, instead. Bennett was in jail at Dresden, heavily guarded. BUSINESS has been resumed by the Capital national bank at Indianapolis, Ind., which suspended one month ago. THE law permitting the sale of vagrants in Missouri has been declared unconstitutional by the state supreme court. IOWA republicans will hold their state convention at Des Moines August 15. IN the state of Washington ten government inspectors were detected in aiding in smuggling in Chinese by means of fraudulent certificates and in permitting opium smuggling either by connivance or otherwise. IN Chicago the American Railway union, a new society to embrace every branch of the service, was organized with Eugene V. Debbs, of Terre Haute, Ind., as president. BURGLARS murdered Thomas Cordway and his sister at their home near Logansport, La. FOUR negroes were killed and many others wounded in a row at an emancipation day celebration at Flat Prairie, Tex. THE West Virginia building on the world's fair grounds was dedicated, the day being the thirtieth anniversary of the birth of the state. AT the Cheyenne agency in Montana enflisted Indians had a fight with other Indians and five of the latter were killed. THROUGHOUT North and South Carolina and Georgia an earthquake shock was felt. AN edict issued by the school commissioners dismissed all married teachers in the public schools in St. Louis. THE doors of the University bank and City savings bank at Los Angeles, Cal., were closed. AT Janesville, Wis., Charles P. Whalen was sentenced to twenty-five years' imprisonment for the murder of Gerald Spaulding. A CIRCUS tent was struck by lightning at River Falls, Wis., and seven persons were killed and thirty injured. SEVERAL exhibiters at the world's fair met and recorded themselves as being unalterably opposed to the opening of the gates on Sunday, not only on moral grounds but from a financial standpoint as well, and decided to enter suit for an injunction to have the gates closed on Sunday. AT a railway crossing near Lima, O., Charles Keller and his wife and John Steinbaugh were killed by the cars. AT his home in Menlo Park Leland Stanford, United States senator from California, died suddenly in his 70th year. Heart disease was the cause. He leaves a wife and property valued at $50,000,000. NEAR Winimac, Ind., Charles Mettonay and his horse and forty head of cattle were buried out of sight in quicksand. THE doors of the Citizens' savings bank of Portsmouth, O., were closed, with liabilities of $300,000. THE firm of Sloan, Johnson & Co., wholesale grocers at Omaha, Neb., failed for $160,000. IN Los Angeles, Cal., the First national, Southern California, Broadway bank and East Side bank closed their doors, and at San Diego the Consolidated national bank and the Savings bank suspended.


Article from River Falls Journal, June 29, 1893

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WEST AND SOUTH. IOWA republicans will hold their state convention at Des Moines August 15. IN the state of Washington ten government inspectors were detected in aiding in smuggling in Chinese by means of fraudulent certificates and in permitting opium smuggling either by connivance or otherwise. IN Chicago the American Railway union, a new society to embrace every branch of the service, was organized with Eugene V. Debbs, of Terre Haute, Ind., as president. BURGLARS murdered Thomas Cordway and his sister at their home near Logansport, La. FOUR negroes were killed and many others wounded in a row at an emancipation day celebration at Flat Prairie, Tex. THE West Virginia building on the world's fair grounds was dedicated, the day being the thirtieth anniversary of the birth of the state. AT the Cheyenne agency in Montana enlisted Indians had a fight with other Indians and five of the latter were killed. THROUGHOUT North and South Carolina and Georgia an earthquake shock was felt. AN edict issued by the school commissioners dismissed all married teachers in the public schools in St. Louis. THE doors of the University bank and City savings bank at Los Angeles, Cal., were closed. ATJanesville, Wis., Charles P. Whalen was sentenced to twenty-five years' imprisonment for the murder of Gerald Spaulding. A CIRCUS tent was struck by lightning at River Falls, Wis., and seven persons were killed and thirty injured. SEVERAL exhibiters at the world's fair met and recorded themselves as being unalterably opposed to the opening of the gates on Sunday, not only on moral grounds but from a financial standpoint as well, and decided to enter suit for an injunction to have the gates closed on Sunday. AT a railway crossing near Lima, O., Charles Keller and his wife and John Steinbaugh were killed by the cars. AT his home in Menlo Park Leland Stanford, United States senator from California, died suddenly in his 70th year. Heart disease was the cause. He leaves a wife and property valued at $50,000,000. NEAR Winimae, Ind., Charles Mettonay and his horse and forty head of cattle were buried out of sight in quicksand. THE doors of the Citizens' savings bank of Portsmouth, O., were closed, with liabilities of $300,000. THE firm of Sloan. Johnson & Co., wholesale grocers at Omaha, Neb., failed for $160,000. IN Los Angeles, Cal., the First national, Southern California, Broadway bank and East Side bank closed their doors, and at San Diego the Consolidated national bank and the Savings bank suspended. A CYCLONE at Williamstown and the surrounding country in Jefferson county, Kan., killed twenty persons and destroyed thirty houses and many barns. IN Chicago Baird & Bradley, real es tate dealers, made a voluntary assign-. ment with assets estimated at $600,000 and liabilities at $400,000. METHODISTS have decided not to withdraw their world's fair exhibit on account of Sunday opening, but it will be covered up on the Sabbath. The church committee adopted resolutions in which they declare that the act of the directory in turning aside from keeping its pledge of honor to the congress and people of the United States will be conspicuous in the future as an act of perfidy beclouding the business integrity of the citizens of Chicago which years of shame will not remove.


Article from Wood County Reporter, June 29, 1893

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STRAY SPARKS. The contest for army rifle prizes will take place Sept. 18, this year, at Fort Sheridan, III. So ends a celebrated case. It is announced that the Wanamaker suit on behalf of the stockholders for an injunction to close the fair will be pushed; but inasmuch as the supposed equities of that case are virtually merged in the decision just rendered the The announcement is unimportant. fair will be open on all Sundays up to and including Oct., 29. The Consolidated National bank or San Diego, Cal., has suspended payment and the First National, Broadway and East Side banks are also closed. Fire destroyed the Bunnell block, Duluth, early yesterday morning and four dead human bodies have already been found in the ruin. The Duke of Veragua has written a letter to Secretary Gresham taking leave of the United States and expressing gratitude to congress and the people.


Article from The Hawaiian Star, June 30, 1893

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NATIONAL BANKS SUSPENDED. Two Failures at San Diego, but No Fears of More Trouble. SAN DIEGO, June 21.-All of the local banks opened their doors at the usual hour this morning, and for the first half hour only an ordinary amount of business was transacted. It then became noticeable that there was to be an unusual demand from depositors. Several large checks were presented at the Consolidated National by anxious individuals who feared a run and hoped to forestall other depositors. As soon as it became apparent that a run had commenced, payments were suspended. The news that these banks had closed spread quickly about town, pre cipitating a run on the First National, the Bank of Commerce and the Savings Bank. The First National endured the pressure until after I o'clock, when the doors were closed. The San Diego Savings Bank being in the same room, it was at first sup posed that it had also failed, but this proved incorrect, and the doors were opened on the demand of President Sefton and payment resumed. The run on the Bank of Commerce continued till the hour of closing. It is understood that its resources have been greatly strengthened, and the announcement is officially made that it will open in the morning. The Merchants' National, a bank recently, established, has its paid up capital in cash, in addition to nearly $100,000 in deposits, and no fears are entertained. New accounts were opened there by those withdrawing elsewhere, but general confidence is felt that there will be no further trouble here. The announcement is made that the banks which have suspended will pay the depositors in full, but no statement of the actual assets and liabilities can be secured.


Article from The Dalles Times-Mountaineer, July 1, 1893

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Easier Feeling in San Diego. SAN DIEGO, Cal., June 26 -Throughout the bank p&nic* which began here last Wednesday, the Bank of Commerce, of which Dr. R. M Powers is president, has been conducted in a way to steadily hold the lead in public confidence. This morning there was quiet rejoicing throughout the city on finding that its doors, which had been closed but three days, were again open and busine-s proceeding as usual. The first 15 minutes deposits of over $3000 were received and only about $100 paid out, and there were more deposits all through the day. than drawings of cash. F. N Pauly, whose instructions from Comptroller Eckles were to take possession of the two national banks, yesterday received instructions to examine and report as speedily as possible. He is now at work in the First National, and will be ready in two or three days to examine the Consolidated National.


Article from The Morning Call, August 12, 1893

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SAN DIEGO BANK AFFAIRS. The Suspended Savings Bank to Make a Pro Rata Payment. SAN DIEGO, Aug. 11. - The savings bank of San Diego County, which is allied to the Consolidated National. will make a pro rata payment to the depositors of all funds on band on and after August 15. The exact amount to be paid will not be known until Monday. On accoun t of the heavy demands, the management has decided to set aside all notices and treat all the depositors alike, paying to them the funds on hand. Receiver O'Connor has been full of work since Monday morning, and has almost finished the transfer of the Consolidated National Bank's affairs from Examiner Pauley. What the stockholders may do to hasten resumption cannot be told until the exactions imposed by the Comptroller are made known, and those in turn will await the report from Receiver O'Connor.


Article from The Morning Call, August 23, 1893

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CONSOLIDATED NATIONAL. Appearances Point to an Early Resumption of Business. SAN DIEGO, Aug. 22.-Pec-iver O'Connor of the Consolidated National Bank has practically completed his report, which will be forwarded to Comptroller Eckels this week. Instructions regarding the resumption of payment are expected from the Comptroiler immediately after the receipt of the report. It waslearned to-day from persons whose po-


Article from The Morning Call, August 27, 1893

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San Diego Consolidated Bank. SAN DIEGO, Aug. 26.-The receivers report that the condition of the Consolidated National Bank was not forwarded as expected this week, Receiver O'Connor finding many details to examine and also wishing to go over certain affairs with Major Levi Chase, one of the leading stockholders. The report will be ready early next week. Favorable indications for early resumption continue. and nothing has transpired to cause delay after the terms of the Comptroller became known.


Article from The Morning Call, September 10, 1893

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BANK PRESIDENT HOWARD. He Does Not Deny the Charges Made Against Him. SAN DIEGO, Sept. 9. -The San DieganSun this evening contains an interview with Bryant Howard, President of the Consolidated Bank, with reference to the charge published yesterday that he has been addicted to the use of opium, and that that was the principal cause of the bank's failure. Mr. Howard returned from San Francisco last night. He saw the original charge yesterday in the prese dispatches. He does not specifically deny the charge. He only says: "There are many statements made that are wholly untrue, or have but a slight foundation." avoids reference to the charge as to bank affairs. He admits that circumstances compelled certain transactions which may not have been exactly regular, but which were necessary. Mr. Howard is visibly affected in mind and appearance by his troubles. The hope of resumption is abandoned. Three shipments of cash have been sent by Receiver O'Connor of the Consolidated National Bank to the sub-treasury at San Francisco, payable to the United States treasurer, swelling the total to a round $100,000. There is little doubt but that more than 20 per cent of the dividend of about $128,000, payable in about sixty days, will be on hand. Receiver O'Connor leaves to-morrow morning for his home at La Salle, III., to return with his family about October 1. Major Levi Chase, who has acted as confidential adviser of the receiver, will be in charge of affairs during the latter's absence.


Article from The Herald, September 23, 1893

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THAT CORONADO JUSTICE. Edgar Flemming Accused of a Serious Offense. The trial of the frieky Coronado justice of the peace, Edgar Fleming, whose exploits several weeks since while on a spree in this city have been heretofore published, was begun before Judge Shaw yeaterday, He is accused of obtaining property under false pretenses from Max Mayer, a second-hand dealer of North Main street. He obtained some watches from Mayer during bis drunken revels and gave in paymant three checks, aggregating $84.50. The trade occupied all one day, and was consumated in Mayer's place and an adjoining saloon. There was drinking all day and Mayer's consternation, when he found the checks worthless, may be imagined. Fleming was still about town, and he was arrested. The checks were drawn on the Consolidated National bank of San Diego, now in the hands of a receiver, and purported to be signed by George W. Beamer. Fleming endorsed them. He admits the transaction, but bases his defense upon the fact of his being in a condition bordering on delirium tremens, and that he was irresponsible, There are quite a number of witnesses in attendance from San Diego. The trial will probably be conculded today.


Article from The Herald, November 29, 1893

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The list of presents was large, notwithstanding the fact that few invitations were issued. The number received here will be augmented on their arrival at their home in Illinois. The most attractive part of the decorations in the parlor were a number of oil paintings executed by the bride. She is also a musician of talent, having received the best of training under the first of masters. She is one of San Bernardino's lovellest ladies, and it was with great reluctance her many friends parted with her, knowing that she would be with them again in one year, for her husband has promised to visit this state next year. Lieutenant-Governor Gill, the groom, is a pleasant gentleman, of fine appearance, being tall and of splendid physique. Although a comparatively young man, he is now occupying a high political position. His career while occupying the gubernatorial chair during the absence of Governor Altgeld is too well known to need comment. Senator A. J. O'Conor and wife of Illinois were present at the ceremonies, as they are in California at present, Mr. Conor having been appointed by the comptroller of the treasury as receiver of the Consolidated National bank of San Diego. Governor and Mrs. Gill were in receipt of a number of telegrams during the afternoon congratulating them on their marriage. The newly wedded couple left on the 4 p. m. train for Los Angeles. Tomorrow they will visit Coronado, and return home to Illinois by way of San Francisco. BRIEFS. Senator and Mrs. Seymour and Mr. and Mrs. D. Keating will leave tomorrow for Santa Monica. Manager S. L. Grow has made his report of the disbursements and receipts in connection with the county exhibit at Chicago. Total amount expended, $12,131.11; sale of fruits, etc., $1664.95. Charles Sanchez was sentenced to two and one-half years by Judge Campbell for robbery.


Article from The Herald, March 16, 1895

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IT WAS TRUST MONEY A Supreme Court Decision of Interest to Banks and Depositors The judgment of the Superior Court of San Diego in the suit of Mary K. Henderson against A. J. O'Connor, receiver of the Consolidated National Bank of San Diego, has been affirmed by the Supreme Court. On the 7th day of June Mrs. Henderson deposited with the bank for collection a draft for $1521.42, drawn in her favor by the Mutual Life Insurance Co. of Newark, N. J., on the National State Bank of Newark. The San Diego bank refused to accept this draft as a deposit, but advanced Mrs. Henderson $21.42 on her check and charged her with that amount on its books as an overdraft. Mrs. Henderson told the Bank of San Diego people to deposit the amount of draft, when collected, in the Savings Bank of San Diego, in the same building. On the same day she countermanded this order, and told them to hold the money until she returned from an oceanside visit. which was to last some three weeks, and that then she would give them definite instructions. Two weeks later, on January 21st. the Bank of San Diego failed, and two days later O'Connor


Article from The Herald, May 25, 1895

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Attorney James E. Wadham of San Diego arrived in this city yesterday and the will was filed for probate. As stated, it was found by Receiver O'Connor of the Consolidated National bank of San Diego, among some old papers. When asked about the finding of the will Mr. Monroe, an associate of Senator White, stated that he knew nothing about it except what had been published in the newspapers. He knew nothing of the contents, or what disposition would be made of it. Mr. Monroe stated that the heirs had made a thorough search for a will at the time of the governor's death


Article from The Herald, May 28, 1895

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THE DOWNEY WILL No Further Developments in the Celebrated Case There were no developments of moment yesterday in the matter of the will of the late Governor John G. Downey, which was exclusively published in The Herald of yesterday. J. Downey Harvey was reported to have left for San Fancisco, and Senator White had nothing to say about the subjet, he not having any official cognizance of the contents of the testament. It is considered very odd that Receiver O'Conner of the Consolidated National Bank of San Diego, who found the will in t e bank's vault, should have opened the r cument and given its contents out for publication, and then with great solemnity and formality have sealed it up in a new envelope and sent it here for probate. It is learned from reliable sources that in all probability the document will not be contested and the property will be distributed according to its provisions.


Article from The San Francisco Call, August 23, 1895

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which was built by Bryant Howard, president of the Consolidated National. It is a four-story structure, and worth about $150,000. Grant is at Catalina Island, and the officials of the Merchants' National Bank, which occupies the building, say they know nothing of the matter, but admit such a deal is probable. The building is held by a receiver for the creditors of the defunct Consolidated National. This will make the fifth heavy investment of U. S. Grant in this city. He purchased a fine home, has two business blocks under construction, and lately bought the Horton House, which is soon to be reconstructed on a modern plan. George W. Marston, the largest dry-goods dealer in the city, has given notice to the tenants on Fifth street, near C, adjoining the new Grant block, to vacate by November 1, when construction will begin on a new four-story building, to be occupied exclusively by Marston. He is now in the East inspecting various dry-goods stores to get pointers for the new building.