State National Bank (Raleigh, NC)

View Charter #1682 on SPMC View balance sheet

Episode Information

Episode UID
168201059
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
16820 national
Charter Number
1682
Start Date
March 27, 1888
Location
Raleigh, North Carolina (35.772, -78.639)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
08325d8dc41d9a72

Response Measures

None

Receivership Details

Depositor recovery rate
53.0%
Date receivership started
1888-03-31
Date receivership terminated
1891-01-15
OCC cause of failure
Fraud
Share of assets assessed as good
32.7%
Share of assets assessed as doubtful
37.9%
Share of assets assessed as worthless
29.5%

Events (4)
1. June 17, 1868 Chartered
Source
historical_nic
2. March 27, 1888 Suspension
Cause
Bank Specific Adverse Info
Cause Details
President and cashier absconded after large defalcation; substantial theft/embezzlement discovered.
Newspaper Excerpt
The directors of the State National bank, having reason to believe that the president and cashier of the bank have absconded with a large amount of assets, have determined to close up the doors and turn over all affairs to the proper officers of the United States government.
Source
newspapers
3. March 31, 1888 Receivership
Source
historical_nic
4. April 11, 1888 Receivership
Newspaper Excerpt
Mr. Clement Dowd, of Charlotte, N. C., has been appointed receiver of the State National Bank of Raleigh, N. C.; The Comptroller of the Currency to-day appointed Clement Dowd, of Charlotte, to be receiver of the State National Bank of Raleigh.
Source
newspapers

Newspaper Articles (24)
1. March 27, 1888 Evening Star Washington, DC
Article from Evening Star, March 27, 1888

Click image to open full size in new tab

Article Text

PAGES 3 AND 4 OF TO-DAY'S STAR CONTAIN: Women and Education—Notes of the International Council, District Interests in Congress, The British Budget, The Emperor and the Crown Prince, Sullivan and Mitchell, Telegraphic News, &c. GOVERNMENT RECEIPTS TO-DAY.—Internal revenue, $164,614; customs, $770,461. THE ADJUTANT-GENERAL has issued directions to Army farriers for shoeing cavalry horses. THE WASHINGTON CITY POST-OFFICE.—Among the bills signed by the President yesterday afternoon was that providing for the leasing of premises for the Washington city post-office. GEN. BARTLETT is reported to-day to be better than he was yesterday. PATENTS have been issued to citizens of the District as follows: Smith Thompson, letter-box, and Orson W. Bennett, pressure regulator for gas-machines. THE PRESIDENT HAS APPROVED the act providing for the payment of the funeral expenses of the late Chief Justice; the joint resolution enabling the Secretary of the Interior to utilize the hot water now running to waste on the permanent reservation at Hot Springs, Ark., and the act for the relief of Charlotte Caroline Hackleman. NEW CAPTAIN OF THE WATCH.—Mr. J. W. Gallaher, of Maryland, the captain of the watch force of the Post-Office Department, has been asked to resign, and his successor will take charge on Monday. The new captain of the watch is Mr. Phineas W. Smith, of Woonsocket, R. I. He was a private in the 44th New York Volunteer Infantry during the war, and was discharged in October, 1862, after a service of thirteen months. THE SMITHSONIAN INSTITUTION AND NATIONAL MUSEUM will be closed to-morrow on account of the funeral of Chief Justice Waite, chancellor of the Smithsonian Institution. STOREKEEPERS AND GAUGERS.—The Secretary of the Treasury has made the following appointments: Frank P. Wilson, Fred Fischer, and Chas. A. Goodwin, gaugers, Covington, Ky.; Jas. F. Woolf, storekeeper and gauger, Berlin Center, Ohio, and Jas. C. Fuller, storekeeper and gauger, Troup Factory, Ga. CONSCIENCE.—The Secretary of the Treasury has received a conscience contribution of $10 in an envelope postmarked Philadelphia. VIRGINIA POSTMASTERS.—Wm. M. Dixon has been appointed postmaster at Hudgins, Matthews County, Va., and Chas. T. Henley at Winterpock, Chesterfield County, Va. MAJ. FRANK BENNETT, 2d cavalry, having been found incapacitated for active service, by an Army retiring board, has been granted indefinite leave of absence. AN AMERICAN MURDERED IN PERU.—Mr. Buck, the American minister at Lima, Peru, has informed the State Department of the assassination, on the 5th of February, of Mr. J. M. Clark, a citizen of the United States, by Indians. The Peruvian authorities have instituted an investigation of the matter. ARMY ORDERS.—Capt. Wm. R. Maize, 20th infantry, having been found incapacitated for active service, granted leave until further orders. Capt. Jos. T. Haskell, 23d infantry, ordered to Fort Wayne, Detroit, Mich., for temporary duty. Capt. Thos. B. Robinson, 19th infantry, having been found incapacitated for active service, ordered to proceed home and await retirement. COL. WM. LUDLOW, the ex-Engineer Commissioner of the District, has been engaged by the National Heating Co. in the capacity of general manager. He has made arrangements that enable him to fill this office in addition to those in charge of the light-houses of the Philadelphia district. Col. Ludlow's duties are supervisory and require almost constant traveling. THE MONITOR TERROR.—Secretary Whitney has ordered the transfer of the double-turreted, ironclad monitor Terror from Cramp's yard, Philadelphia, to the navy-yard at League Island. This vessel has been at Cramp's yard for nearly fifteen years awaiting completion, and the action of the Secretary is regarded as significant. NATIONAL BANK OFFICERS GONE OFF WITH THE FUNDS.—The Controller of the Currency received word this morning that the president and cashier of the State National Bank of Raleigh, N. C., have absconded with a large portion of the funds of the bank. Their destination is thought to be Canada. The Controller immediately issued instructions to Bank Examiner Tate to proceed to Raleigh and take charge of the bank. AMONG THE PRESIDENT'S CALLERS to-day were Senators Berry, with F. G. McLeod, Hot Springs, Ark., and Cockrell, Representatives Lehlbach, Breckinridge (Ky.), Reed and Washington, and Mr. Justice Harlan and his son, Rev. Richard D. Harlan. CLAUS SPRECKLES, the sugar king, had a long conference with Commissioner Colman this morning, relative to the future of the sugar industry in the United States. The Commissioner gave Mr. Spreckles the facts of the recent experiments by the Agricultural Department with sorghum, and Mr. Spreckles stated what he hopes to do with the beet on the Pacific coast. Mr. Spreckles stated that he has imported 25 tons of beet-seed; that 163 farmers will plant in the present season on 2,000 acres of land. Mr. Spreckles is now erecting a factory at Watsonville, Cal., to work up this product, and expects that the output of beet sugar this year will reach 5,000 tons, and next year 10,000 tons. Commissioner Colman, when asked this morning by a STAR reporter if the sorghum would antagonize the beet, said: "Not at all. The beet is only another string to our bow. We shall have a grand wedding between sorghum and beets, and manufacture enough sweets, not only for the nuptial festivities but also to supply a goodly share of what we now import." The Case of Capt. Selfridge. WITNESSES ON BOARD THE OMAHA AT PANAMA. The U. S. S. Omaha, which arrived at Panama Saturday night, has among its passengers the witnesses in the case of Capt. Thomas O. Selfridge, whose trial by court-martial will take place as soon as the necessary preparations can be made. The charge against him is criminal carelessness in that he fired certain shells which failed at first to explode while engaged in target practice near a Chinese town. When a group of natives gathered around the shells they exploded, killing four and wounding others. The captain was given his choice of a trial in China or in this country, and he chose the latter alternative, on account, it is thought, of the fact that it would have been necessary to have detailed for duty on the trial certain officers with whom he

2. March 28, 1888 Sacramento Daily Record-Union Sacramento, CA
Article from Sacramento Daily Record-Union, March 28, 1888

Click image to open full size in new tab

Article Text

Over Half a Million Shortage. RALEIGH (N. C), March 7th.-There has been nothing whatever in the nature of a run on the banks of this city other than the plundered State National Bank. The amount of the defalcation is variously estimated at from $250,000 to $340,000.

3. March 28, 1888 Sacramento Daily Record-Union Sacramento, CA
Article from Sacramento Daily Record-Union, March 28, 1888

Click image to open full size in new tab

Article Text

More of the Same. Sr. LOUIS, March 27th W. G. Bartle has returned to this city, and was seen by a reporter regarding his testimony about manfactured lard. You have heard the sensation your evidence created in this city ?" Yes; but there is still further evidence forthcoming that will create more of as a sensation than what has been published my evidence. I am surprised that my testimony should have been given out for publication when that of others equally as damaging has never been made public." Spreckels as a Reformer. [Copyright, 1888, by the California Associated Press. NEW YORK, March 27th.-The Times has a long editorial criticism on Spreckels statement that he means to fight the Sugar Trust. Concluding, it says " The people reasonably hope for no relief through the can agency of a refiner who for years has monopolized the supply of the Pacific and, by his exertions, built up an slope enormous fortune. Relief can be obtained only by cutting down the tariff rates, which now forbid the importation of refined sugars." Why Huntington Resigned. NEW YORK, March 27th.-C.: P. Hunting- stockhas addressed a letter to the ton holders of the Chesapeake and Ohio Rail- has road Company, in which he says he been President of the company for eighteen years that he has advanced large sums would of for its benefit, and that he have money left it years ago had he been He the refers only person interested in its success. of to the criticisms of Governor Wickham, West Virginia, and says he intended to could retire from the management when he be justified in so doing. The Young Pianist. {Copyright, 1888, by the California Associated Press. NEW YORK, March 27th Josef Hofman is going back to Germany with his parents. GerHe leaves on the Saale, of the North Lloyd line, to-morrow morning. family man Upon their arrival in Germany the Berlin are to take up their residence in educaThere he will continue his musical and be placed under a private tutor. Josef tion is anxious to resume his studies and to be at home. The Deceased Journalist. [Copyright, 1888, by the California Associated Press.] NEW York, March 27th The Star says editorially of ex-Governor Dorsheimer, the its late editor-in-chief He never lacked error. courage to assert the truth, or combat death is a great loss to the paper.' His The Star says of itself The policy path he he defined will be carried out. The laid down will be followed. Gillig Gets in His Work. [Copyright, 1888, by the California Associated Press.] NEW YORK, March 27th. A stormy of the Directors of the American Exchange meeting of Europe was held here yester The stockholders declare that they the day. had no dividends. Henry Gillig, sehave has loaned $32,000 on bad Manager. Gillig carried the day, however. there and curity. was re-elected a Director, but plenty of trouble ahead for the Exchange. The Panama Railroad Company. NEW YORK, March 27th.-It is stated Rail- that the annual meeting of the Panama in this at road Company, which will be held Monday, there will be a complete city next of management, General Newton taking change the place of John G. McCullough inentirely new Board of Directors, and an General Newton, Adams, Probasco the cluding and others. will be elected in place of present Board. Jersey Solid for Hill. [Copyright, 1888, by the California Associated Press.) TRENTON (N. J.), March 27th -The field Dem- in be early in the national a ocrats will It has been decided to hold this State. Convention for the election the of dele- first State the National Convention gates to in May. The Jersey State Committee Cleveland. favors week Hill and is solid against A Republican Campaign Club." [Copyright, 1888, by the California Associated Herald's Press NEW YORK, March 27th The wool is Washington special says Free bill, and as if as any part of the Milis with the about that. free strong the bill wool passes clause at in all it. it will There pass is no doubt Off for Merry England. [Copyright, 1888, by the California Associated Roger Press. NEW YORK, March sailed and wife and baby have and Tichborne England. Tichborne will lecture Tichmake for another attempt to secure the borne estates. The Stealthy Destroyer. [Copyright, 1838, by the California Associated Press. C. PHILADELPHIA, March 27th.-Felix illus- o. the celebrated designer and of Dailey of works of prominent publishers trator York and Philadelphia, died disease. suddenly this New afternoon, probably of heart It Should Come to California. 1888, by the California Associated Press.] Copyright, YORK, March 27th.-The Brooklyn stake New Club has established a $20,000 Stake Jockey be known as the Great American to for two-year- old foals of 1887. They Will " Whoop 'Em Up." [Copyright, 1888, by the California Associated Press.] NEW YORK, March 27th The Republi- for the clubs have selected June 28th ratification can of the Presidential nominations. The Badean-Grant Suit. [Copyright, 1888, by the California Associated Press.] lawYORK, March 27th.-Badeau's Grant will vers say NEW the suit against Mrs. be pushed to an early trial. The Cost of a Strike. March 27th.-The statePHILADELPHIA, ot the Philadelphia and the Reading three ment and Iron Companies for comRailroad ending February 29. 1888. as shows months with the same period in $2,222,140. 1887. a pared decrease in gross earnings of Over Half a Million Shortage. RALEIGH (N. C), March 27th.-There nature of has a nothing whatever in the other than been the banks of this city The run on State National Bank. variously the plundered of the defalcation is estimated amount at from $250,000 to $340,000. Shakes in New Hampshire. NASHUA distinct (N. H.), shocks March of earthqnake 27th.-There were two this morning, being sufficiently residences. severe here early to awaken people and jar

4. March 28, 1888 The Asheville Citizen Asheville, NC
Article from The Asheville Citizen, March 28, 1888

Click image to open full size in new tab

Article Text

GONE TO CANADA. a THE RALEIGH DEFALCATION. Loss Supposed to be About $200,000. r [Special to the Asheville CITIZEN.] RALEIGH, March 27, 8 p. M.-President Charles E. Cross and Cashier Sam'l C. White of the State National Bank of this city have absconded S with a very large sum of the Bank's funds They fled Saturday evening and it is almost certain they went to Canada by way of Greensboro and Richmond. They mentioned to several parties that they were going to Chapel Hill where White had a sick relative. They took with them the colored janitor of the bank and $42,000 in cash, $20,000 of which they had received only Friday night. Besides this they had hypothecated large sums of the Bank's securities in New York. It is believed generally that the defalcation amounts to $200,000. A director said to night he believed it would be at least two hundred thousand dollars. Bank Examiner Tate will be here in the morning by order of the Comptroller of Currency. Until he makes examination nothing definite can be known as to the Bank's loss. There was 110 run on other banks to-day and perfect confiderce is felt in them in all respects. The absconding president is a young man, from Gates county and was for years clerk in the office of the State Aaditor. He had been president of the bank two years. White had been cashier nearly 20 years and was widely known. He was a very prominent member of the Edenton Street Methodist Church and a teacher in its Sunday school. Cross was a member of the Baptist Church. The scene here to-day has been unparalleled in the city's history. Many people are "hit hard" by the defalcation. The State fortunately had only a small sum on deposit, F.A.O. about $14,000.

5. March 28, 1888 Wichita Eagle Wichita, KS
Article from Wichita Eagle, March 28, 1888

Click image to open full size in new tab

Article Text

BANK DOORS CLOSED. RALEIGH. N. C., March 27.-The chairman of the board of directors of the State National bank, publishes the following this morning: The directors of the State National bank having reason to believe that the president and cashier of the bank have absconded with a large amount of assets, have determined to close up the doors and turn over all affairs to the proper officers of the United States government. We are glad to be able to assure the public that the other banks of the city are not affected by this defalcation. By order of the directors. E. B. STAMPS, Chairman pro tem. The officers of other banks in the city announce officially that the suspension does not affect their institutions.

6. March 28, 1888 Wichita Eagle Wichita, KS
Article from Wichita Eagle, March 28, 1888

Click image to open full size in new tab

Article Text

THE RALEIGH DEFALCATION. RALEIGH, N. C., March 27.-There has been nothing whatever in the nature of a run on the banks of this city other than the plundered State National bank. Confidence in their soundness seems to be absolute. The broken bank has remained closed today awaiting the coming of the bank examiner, who is expected tonight or tomorrow morning. The amount of the defalcation is variously estimated at from $250,000 to $340,000. The cash carried off is snpposed to be about $45,000. including $20,000 in gold, to bear which the absconders took the colored porter of the bank. The trioare belieyed to be now in Canada.

7. March 28, 1888 Los Angeles Daily Herald Los Angeles, CA
Article from Los Angeles Daily Herald, March 28, 1888

Click image to open full size in new tab

Article Text

Bank Closed. RALEIGH, N. C., March 27.-The directors of the State National Bank, having reason to believe that the president and cashier of the bank have absconded with a large amount of assets, have closed the doors of the bank and turned over all affairs to the officers of the United States Government. There has been nothing whatever in the nature of a run on the banks in city, other than the plundered State national bank. The amount of the defalcation is variously estimated at from $250,000 to $340,000.

8. March 28, 1888 Wheeling Register Wheeling, WV
Article from Wheeling Register, March 28, 1888

Click image to open full size in new tab

Article Text

The Cashier and the President Again. RALEIGH, N. C., March 27.-7 The Chairman of the Board of Directors of the State National Bank publishes the following this morning: "The Directors of the State National Bank having reason to believe that the President and cashier of the bank haveabsconded with a large amount of assets, have determined to close up the doors and turn over all affairs to the officers of the United States Government. We are glad to be able to assure the public that the other banks of the city are not affected by this defalcation." The officers of the other banks in the city announce officially that the suspension does not affect their institutions.

9. March 28, 1888 The Waco Daily Examiner Waco, TX
Article from The Waco Daily Examiner, March 28, 1888

Click image to open full size in new tab

Article Text

A Bank President Absconds. RALEIGH, N. C., March 27,-The chairman of the board of directors of the State National bank publishes the following this morning: "The directors of the State National bank, having reason to believe that the president and cashier of the bank have absconded with a large amount of assets, have determined to close up the doors and turn over all its affairs to the proper officers of the United States government. We are glad to be able to assure the public that other banks of the city are not affected by this defalcation." Officers of other banks in the city announce officially that the suspension does not affect their institutions.

10. March 28, 1888 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, March 28, 1888

Click image to open full size in new tab

Article Text

drawn close, and the interior of the bank was invisible, VERY CONSERVATIVE. The people of Baleigh are evidently very conservative. There were no attempts at a run on any of the other excellent sound banks. At these business flowed in the usual channels ; more deposits than usual were received at each of these, and less money was paid out. A few people went to the Savings Bank to withdraw deposits, but when they found their checks would be promptly cashed they said they did not want the money in that case. President E. G. Reade, of the National Bank of Raleigh, said : "The bank is not in jeopardy bv reason of the failure of the State National. The bank is in excellent condition. The stock is worth a premium." W. E. Anderson, president of the Citizens National Bank, said : "This bank is in a perfectly safe condition. We have out from $10,000 to $11,000 of the State Bank's checks on New York, which may or may not be paid. If they are not paid they can be charged off without detriment to this bank." Cashier J. G. Brown, of the Citizens National, said: "This morning quite a number of our depositors who do not usually appear so early came in and made deposits. Some made offers of aid, one saying he would, if necessary, go to New York and bring back $50,000 for the bank. His kind offer was declined with thanks, and he was told the bank needed no assistance whatever. The feeling on the part of all depositors is perfectly good."

11. March 29, 1888 The Austin Weekly Statesman Austin, TX
Article from The Austin Weekly Statesman, March 29, 1888

Click image to open full size in new tab

Article Text

NORTH CAROLINA. The Defalcation of the State National Bank at Raleigh. RALEIGH, N. C., March 27.-The chairman of the board of directors of the State National bank publishes the following this morning: "The directors of the State National bank. having reasons to believe that the president and cashier of the bank have absconded with a large amount of assets. have determined to close up the doors and turn over all its affairs to the proper officers of the United States government. We are glad to be able to assure the public that the other banks of the city are not affected by this defalcation. "By order of the directors. "[Signed] E. R. STAMPS. "Chairman pro tem." The officers of the other banks in the city announce officially that the suspension does not affect their institutions. THE AMOUNT OF DEFALCATION. RALEIGH. N. C., March 27.-There has been nothing whatever in the nature of a run on the banks in this city, other than the plundered State National bank. Con-

12. March 29, 1888 Spokane Falls Review Spokane, Spokane Falls, WA
Article from Spokane Falls Review, March 29, 1888

Click image to open full size in new tab

Article Text

No Run. RALEIGH, N. C., March 27.-There has been nothing whatever in the nature of & run on the banks of this city, other than the plundered State National bank. The amount of defalcation is variously estimate edat from $250,000 to $340,000.

13. March 31, 1888 Butte Semi-Weekly Miner Butte, MT
Article from Butte Semi-Weekly Miner, March 31, 1888

Click image to open full size in new tab

Article Text

RALEIGH, N. C., March 27. -There - has been nothing whatever in the nature of a run on the banks of this city other than the plundered State National Bank The amount of the defalcation is variously estimated from $250,000 to $340.000.

14. April 2, 1888 Orleans County Monitor Barton, VT
Article from Orleans County Monitor, April 2, 1888

Click image to open full size in new tab

Article Text

The state national bank of Raleigh, N. C., has suspended. There was nothing else left for it to do. The president, cashier and colored porter made a clean sweep of the vault, proving that there is energy, if not virtue, in old brooms as well as new ones. The loss of the depositors and stockholders will probably reach $400,000.

15. April 6, 1888 Burlington Weekly Free Press Burlington, VT
Article from Burlington Weekly Free Press, April 6, 1888

Click image to open full size in new tab

Article Text

The State National bank of Raleigh, N. C., has suspended. Its trouble came from having a president and cashier who stole all its securities and most of its bills, and $20,000 in gold from its vaults. The specie being heavier than they could conveniently carry they stole the colored porter to help them. The loss to the stockholders and depositors will probably reach $400,000, without counting the loss of the porter, who since the war has not figured as an asset.

16. April 7, 1888 The Superior Times Superior, WI
Article from The Superior Times, April 7, 1888

Click image to open full size in new tab

Article Text

GONE WITH THE CASH. The President and Cashier of National Bank Steal $340,000. The chairman of the board of directors of the State National Bank, of Raleigh, N. C., published the following on the 27 h "The directors of the State National Bank, having reason to believe that the preside: nt and cashier of the bank have absconded with a large amount of the assets, have determined to close up the doors and turn over all affairs to the proper officers of the United States government. We are glad to be able to assure the public that the other banks of the city are not affected by this defalcation." There has been nothing whatever in the nature of a run on the banks of the city other than on the plundered State National bank. Confidence in their sonndness seems to be absolute. The broken bank has remained closed awaiting the coming of the bank examiner. The amount of the defalcation is variously estimated at from $250,000 to $340,000. The cash carried off is supposed to be about $45,000. including $20,000 in gold, to bear which the absconders took along the colored porter of the bank. The trio are believe to be now in Canada, having left the city Saturday for the North via Greensboro,

17. April 11, 1888 Evening Star Washington, DC
Article from Evening Star, April 11, 1888

Click image to open full size in new tab

Article Text

APPOINTED RECEIV R - Mr. Clement Dowd, of Charlotte, N. C., has been appointed receiver of the State National Bank of Raleigh, N. C. -

18. April 12, 1888 The Morning News Savannah, GA
Article from The Morning News, April 12, 1888

Click image to open full size in new tab

Article Text

Receiver of Raleigh's Bank. WASHINGTON. April 11.-The Comptroller of the Currency to-day appointed Clement Dowd, of Charlotte, to be receiver of the State National Bank of Raleigh.

19. April 12, 1888 The Western Sentinel Winston-Salem, NC
Article from The Western Sentinel, April 12, 1888

Click image to open full size in new tab

Article Text

Bank Receiver Appointed. Special Telegram to The Sentinel. W ASHINGTON, D. C., April 11.-The The Comptroller of the Currency will appoint Hon. C.C. Doub receiver of the late State National Bauk of Raleigh.

20. December 31, 1888 Evening Capital Annapolis, MD
Article from Evening Capital, December 31, 1888

Click image to open full size in new tab

Article Text

PRICE ONE CENT sea: lost ia Thirteen killed at Flaverhill bridge over the Merrimac on Boston and Maine railroad. 12 Blizzard in the northwest Immense damage done: many frozen to death 17. E C. Walthall re-elected senator from Mississippi. 18. Norwegian bark Freidas sunk in collision with British steamer Toronto off Ireland; 13 drowned. Court Clerk Irion, of Birmingham, Ala., defaulted in $20,000. 19. Hatfield-McCoy row. 22. Fourteen burned to death at Tower, Mipn. 23. Charles O'Brien, cashier, and Elmer E. Morse, bookkeeper, Albany First National bank, defaulted in $200,000. 21. Colliery explosion at Wellington, B. C.:25 killed. 25. United States Senator Wilson, of Iowa, reelected. 25, 25 Great storm on the Atlantic coast. 27. Deficit of $350,000 alleged in the accounts of the late government of Manitoba. FEBRUARY. 1. Twenty two drowned in wreck of the British bark Absacom near mouth of the Columbia river. 5. White Cap outbreak in Indiana 7. Failure of the Metropolitan National bank, Cincinnati, President Means, Cashier Harper and others artested. 8. Murder of Amos J Snell, Chicago. (Tascott case). Henry Reece, cashier Continental hotel, Philadelphia, defaulter in $60,000. 11. James Albert won six-day go-as-you-please walking match New York, breaking world's record. 17 Two Americ . ships ordered to Tangiers, Morrocco, to Lettle row between the sultan and the United States consul. 19 Tornado a Mt. Vernon, Ills. 21 killed. of 2b Twenty-five killed by explosion of boiler steamer in the United States of Colombia. 29. Mackay and Flood quarrel over losses in wheat and dissolve partnership 27. Forty lost by explosion of a ferryboat at Val. lejo, Cal MARCH. 1. International railway connecting Mexican Central with Southern Pacific opened for business. 8. Discovery of graveyard insurance scheme, Charleston, S. C. 4. Erastus J. Jones, ex treasurer of Dauphin county, Pa., defaulter in $61,000. 11. 12,13. Famous blizzard along the Atlantic coast. Great damage done, railroads blocked, many frozen to death, many shipwrecks. 16. Gen. Adam Badeau brought suit against Mrs. Grant for compensation for assistance in preparing Gen. Grant's Memoirs. Settled late in the year. 17. 19 killed on Savannah, Florida and Western railroad, near Blakshear, Ga. 18. Confession by a member of the Missouri Bald Knobbers. 20. State Treasurer Tate, Ky defaulter in $250,000. 22. Blizzard in the northwest. 25. Tornado destroys town of Ninnescab, Kan. 27 Terrible floods in Germany and Hungary: floods in many parts of the United States: many lives lost and much damage done. President Close and Cashier White of the State National bank of Raleigh, N. C., defaulted in $73,000. 29. 30 miners killed by explosion at Rich Hill, Mo. Capt. Pau! Boyton adrift all day in the ice of Lake Michigan. APRIL. 1. Diss Debar Marsh spiritualistic sensation, New York, in full blast. Secretary Bayard expressed dissatisfaction with the conduct of Germany in Samoa. 5. Twelve killed in railroad accident at Newhamp ton, Ohio. 6. Gen George Crook nominated for major general in place of Gen. Terry. Col. John R. Brooks made brigadier general in Crook's place. 13. Failure of the American exchange in London; Henry F. Gillig general manager; liabilities, $4,000,000. 18. Eighteen burned to death at Celaya, Mex., by the burning of a stand for spectators of a bull fight. Senator Stanford's racing stables burned at Palo Alto, Cal. 23. Thos. Tunstall of Mobile, Ala., made United States consul to San Salvador. 24. John H. Murphy, confidential clerk of Dr. Daniel Gray of Holmesburg, Pa., defaulted in $27,000. 27. Gen. Joseph E. Johnston admitted to contributory membership by Gen. E. D. Baker Post, G. A.R. 29 Ship Smyrna sunk in collision with steamer Moto off Isle of Wight. Thirteen drowned. MAY. 1. Assistant Cashier De Baun, of the Park Na tional bank, New York, defaulted in $95,000. 2. Ten thousand dollars stolen from registered letters near Harrisburg, Pa. 3. Fifteen banks failed in Buenos Ayres. 6. Cloud burst near Maize, Kan., causing flood which swept the house and entire family to a watery death. Explosion of a carload of dynamite at Locust Gap, Pa. Eight killed. 12. Train robbery at Aguazarca, A. T. 13. High water along the Missouri and Red rivers. Several lives lost. 18. Methodist general conference created an order of deaconess for charitable work. 22. Rev. John H. Vincent and Rev. James M. Fitzgerald made bishops by the general Methodist conference. 23. Rev. J.C. Joyce made bishop by the general Methodist conference. Randall L. Gibson elected senator from Louisiana. 24. Dr. John T. Newman and Rev. Dr. Goodsell made bishops by the general Methodist conference. Corner stone of the now Roman Catholic university laid at Washington. 25. Rev. J. M. Thoburn elected bishop of India by the general Methodist conference. Exciting discussion of the negro question at the general assembly of the Preshyterian church in Philadelphia. 26. The southern assembly of the Presbyterian church decided against Dr. Woodrow and his evolution theory. 23 Destructive storms throughout the United States. Enormous losses. 29. General assembly of the southern Presby terian church decided against organic union. 30. E. D. White elected senator from Louisiana. JUNE. 3. White Cap outrages in Indiana. 4. Gen. William B. Francklyn named commissioner of the United States to the Paris exposition; Somerville B. Tuck, assistant commissioner. Eighteen killed in a railroad accident near Tampico, Mexico. Eleven burned to death at Rockdale, Tex. 6. E. L. Lichtenstein, Wilmington, Del., defaulted in $33,250. 8. Steam yacht Gleam run down in the Patapace river by steamer Joppa; M. T. Harrison Garrett, of Baltimore, drowned. Rev. Dr. Layton Coleman made Protestant bishop of Delaware 16. Train robbery at Muscogee, L T. 17. Train robbery near Junction City, M.T. 18. Mme. and Gen. Diss Debar sentenced to the penitentiary for six months. 22. Disastrous floods in Mexico. Many hundreds drowned. 21. Holbrook, A. T. nearly destroyed by fire.

21. January 4, 1889 The Mankato Free Press Mankato, MN
Article from The Mankato Free Press, January 4, 1889

Click image to open full size in new tab

Article Text

4. Bark Alfred I. Snow wrecked off Irish coast; lost. 6. English steamer Maude foundered in Black sea; 12 lost 10. Thirteen killed at Haverhill bridge over the Merrimac on Boston and Maine railroad. 12. Blizzard in the northwest. Immense damage done; many frozen to death. 17. E. C. Waltball re-elected senator from Mississippi. 18. Norwegian bark Freidas sunk in collision with British steamer Toronto off Ireland; 13 drowned. Court Clerk Irion, of Birmingham, Ala., defaulted in $20,000. 19. Hatfield McCoy row. 22. Fourteen burned to death at Tower, Minn. 23. Charles O' Brien, cashier, and Elmer E. Morse, bookkeeper, Albany First National bank, defaulted in $200,000. 24. Colliery explosion at Wellington, B. C.; 25 killed. 25. United States Senator Wilson, of Iowa, reelected. 25, 26. Great storm on the Atlantic coast. 27. Deficit of $850,000 alleged in the accounts of the late government of Manitoba. FEBRUARY. 1. Twenty-two drowned in wreck of the British bark Absacom near mouth of the Columbia river. 5. White Cap outbreak in Indiana. 7. Failure of the Metropolitan National bank, Cincinnati, President Means, Cashier Harper and others artested. 8. Murder of Amos J. Snell, Chicago. (Tascott case). Henry Reece, cashier Continental hotel, Philadelphia, defaulter in $60,000. 11. James Albert won six-day go-as-you-please walking match in New York, breaking world's record. 17. Two American ships ordered to Tangiers, Morrocco, to settle row between the sultan and the United States consul. 19. Tornado at Mt. Vernon, Ills.; 21 killed. 21. Twenty-five killed by explosion of boiler of steamer in the United States of Colombia. 22. Mackay and Flood quarrel over losses in wheat and dissolve partnership. 27. Forty lost by explosion of a ferryboat at Vallejo, Cal. MARCH. 1. International railway connecting Mexican Central with Southern Pacific opened for business. 3. Discovery of graveyard insurance scheme, Charleston, S. C. 4. Erastus J. Jones, ex-treasurer of Dauphin county, Pa., defaulter in $61,000. 11, 12, 13. Famous blizzard along the Atlantic coast. Great damage done, railroads blocked, many frozen to death, many shipwrecks. 16. Gen. Adam Badeau brought suit against Mrs. Grant for compensation for assistance in preparing Gen. Grant's Memoirs Settled late in the year. 17. 19 killed on Savannah, Florida and Western railroad, near Blakshear, Ga. 18. Confession by a member of the Missouri Bald Knobbers. 20. State Treasurer Tate, Ky., defaulter in $250,000. 22. Blizzard in the northwest. 25. Tornado destroys town of Ninnescah, Kan. 27. Terrible floods in Germany and Hungary; floods in many parts of the United States: many lives lost and much damage done. President Close and Cashier White of the State National bank of Raleigh, N. C., defaulted in $75,000. 29. 30 miners killed by explosion at Rich Hill, Mo Capt. Paul Boyton adrift all day in the ice of Lake Michigan. APRIL 1. Diss Debar-Marsh spiritualistic sensation, New York, in full blast. Secretary Bayard expressed dissatisfaction with the conduct of Germany in Samoa. 5. Twelve killed in railroad accident at Newhamp ton, Ohio. 6. Gen. George Crook nominated for major general in place of Gen. Terry. Col. John R. Brooks made brigadier general in Crook's place. 13. Failure of the American exchange in London; Henry F. Gillig general manager; liabilities, $4,000,000. 18. Eighteen burned to death at Celaya, Mex., by the burning of a stand for spectators of a bull fight. Senator Stanford's racing stables burned at Palo Alto, Cal. 23. Thos. Tunstall of Mobile, Ala, made United States consul to San Salvador. 24. John H. Murphy, confidential clerk of Dr Daniel Gray of Holmesburg, Pa., defaulted in $27,000. 27. Gen. Joseph E. Johnston admitted to contribu tory membership by Gen. E. D. Baker Post, G. A. R. 29. Ship Smyrna sunk in collision with steamer Moto off Isle of Wight. Thirteen drowned. MAY. 1. Assistant Cashier De Baun, of the Park Na tional bank, New York, defaulted in $95,000 2. Ten thousand dollars stolen from registered letters near Harrisburg, Pa. 3. Fifteen banks failed in Buenos Ayres. 6. Cloud burst near Maize, Kan., causing flood which swept the house and entire family to a watery death. Explosion of a carload of dynamite at Locust Gap, Pa. Eight killed. 12. Train robbery at Aguazarca, A.T. 13. High water along the Missouri and Red rivers Several lives lost. 18. Methodist general conference created an order of deaconesses for charitable work. 22. Rev. John H. Vincent and Rev James M.Fitzgerald made bishops by the general Methodist conference. 23. Rev. J. C. Joyce made bishop by the general Methodist conference. Randall L. Gibson elected senator from Louisiana. 24. Dr. John T. Newman and Rev. Dr. Goodsell made bishops by the general Methodist con ference. Corner stene of the new Roman Catholic university laid at Washington. 25. Rev. J. M. Thoburn elected bishop of India by the general Methodist conference. Exciting discussion of the negro question at the general assembly of the Presbyterian church in Philadelphia. 26. The southern assembly of the Presbyterian church decided against Dr. Woodrow and his evolution theory. 28. Destructive storms throughout the United States. Enormous losses. 29. General assembly of the southern Presby terian church decided against organic union. 30. E. D. White elected senator from Louisiana. JUNE. 3. White Cap outrages in Indiana. 4. Gen. William B. Francklyn named commissioner of the United States to the Paris exposition; Somerville B. Tuck, assistant commis sioner. Eighteen killed in a railroad accident near Tam pico, Mexico. Eleven burned to death at Rockdale, Tex. 6. E. L. Lichtenstein, Wilmington, Del., de-

22. February 28, 1889 The Gold Leaf Henderson, NC
Article from The Gold Leaf, February 28, 1889

Click image to open full size in new tab

Article Text

Important Sale of Real Estate, NDER THE POWERS VESTED U in me as Receiver of the State National Bank, of Raleigh, N. C, I will, on MONDAY, MARCH 18th, 1889, at the court house door in Henderson, Vance county, expose to public sale eighty acres of land formerly a part of the Kit. trells Spring property; also the interest of the State Bank in twenty-two aeres forming part of the tract lately owned by T. H. Blacknall, adjoining that part now owned by Mr. Sugg. Terms-onethird cash, balance 6 and 12 months. C. DOWD, Receiver, &c. Feb. 7, 1889. [feb. 14-5 0.]

23. March 14, 1889 The Gold Leaf Henderson, NC
Article from The Gold Leaf, March 14, 1889

Click image to open full size in new tab

Article Text

Important Sale of Real Estate, NDER THE POWERS VESTED U in me as Receiver of the State National Bank, of Raleigh, N. C., I will, on MONDAY, MARCH 18th, 1889, at the court house door in Henderson, Vance county, expose to public sale eighty acres of land formerly a part of the Kits trells Spring property; also the interest of the State Bank in twenty-two acres forming part of the tract lately owned by T. H. Blacknall, adjoining that part now owned by Mr. Sugg. Terms-onethird cash, balance 6 and 12 months. C. DOWD, Feb. 7, 1389. Receiver, &c. [feb. 14-50.]

24. October 5, 1889 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, October 5, 1889

Click image to open full size in new tab

Article Text

# RALEIGH'S BUDGET. # THE CASE OF CROSS AND WHITE, THE BANK-WRECKERS. Railroad Matters-Crime Among the Negroes Increasing-The People of Kinston Stirred Up. [Special telegram to the Dispatch.] RALEIGH, N. C., October 4.-The case of Cross and White, ex-president and cashier of the wrecked State National Bank of Raleigh, is to be argued before the United States Supreme Court on the 22d instant. In an interview to-day with Walter R. Henry, counsel for Cross and White, it was learned that he will apply for a writ of certiorari in the hope of getting a continuance of the case to the next term. He is hopeful of success in this. He relies upon the strength of his case, but says he has discovered now an important point. The Weekly Signal, which was the organ of the Republican party in the last campaign and which suspended publication some months ago, will reappear next week. RAILROAD MATTERS. The location of the line for a railway from Greensboro' to Roxboro, and thence to Blue-wing copper-mines, in Granville county, has begun. A grown son of Guilford Moore, of Edgecome county, while drawing a bucket of water yesterday, fell into the well and was drowned. Crime among negroes appears to be increasing. News was received to-day of a homicide in Pitt county by a negro who killed a colored section-hand who had gone to his house and enticed his wife away. The husband went after her and induced her to return. As they started home the section-hand, armed with a knife, assaulted the husband. Both fell into a ditch, the section-hand at the bottom. The husband took away the knife and stabbed him to death, then left, leaving the knife driven to the hilt in the man's breast.