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Result of the Gillett Raseality. St. Joseph. Mo., Dec. 8.-A run was made on the Central Savings bank. of St. Joseph, Tuesday. Depositors drew out $50,000 in two hours. The run was the result of the failure of Grant Gillett, the Kansas cattle plunger. The bank held about $10,000 of Gillett paper. It has demanded written notice of withdrawals.
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A RUN ON A BANK. St. Josepa, Mo., Dec. 7.-A run was made on the Central Savings bank of St. Joseph this afternoon. Depositors drew out $30.000 in two hours. The run was the result of the failure of Grant Gillett, the Kansas cattle plunger. The bank held about $10,000 of Gillett's paper.
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Run on 14 St. Joseph Bank. St. Joseph, Mo., Dec. 8.-A run was made on the Central savings bank of St. Joseph yesterday afternoon. Depositors drew out $30,000 in two hours. The run was the result of the failure of Grant Gillett, Kansas cattle plunger. The bank held about $10,000 Gillett paper. To-day the bank gave notice that depositors who wished to withdraw must give the lawful 30-day notice.
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Run on n Bank. St. Joseph, Mo., December 7.-A run was made on the Central Savings bank of St. Joseph yesterday afternoon. Depositors drew out $30,000 in two hours. The run was the result of the failure of Grant C. Gillett. the Kansas cattle plunger. Officers of the bank posted a notice today advising depositors that written notice would be required from those who desiro to withdraw funds.
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ST. JOSEPH BANK RECEIVER. R. L. McDonald to Serve Until Monday, When the Institution Will Reopen. ST. JOSEPH, MO.. Dec. 9.-Secretary of State Lesueur came here to-day to examine affairs of Central Savings bank, which closed Tuesday on account of a run precipitated by report that the bank held $30,000 of Plunger Gillett's paper. Secretary Lesueur appointed R. L. McDonald. wholesale merchant, and one of the directors of the bank, to serve as receiver until Monday. when the bank will resume business. Mr. Lesueur said to-day: "All of the bad paper which may have been in the bank's possession was replaced by good security. There will be enough money here to transact business next Monday morning."
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The Central Savings Bank at St. Jpseph suspended Wednesday. Too much money on hand!
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In Charge of St. Joseph Bank. ST. JOSEPH, Mo., Dec. 9.-Secretary of State Leseur came here today to examine the affairs of the Central Savings bank, which closed Tuesday on account of a run precipitated by a report that the bank held $30,000 of Plunger Gillett's paper. Secretary Leseur appointed R. L. McDonald, wholesale merchant, receiver to serve until Monday, when the bank will resume business.
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Run Made on a Missouri Bank. A run was made on the Central Savings bank of St. Joseph. Mo. Depositors drew out $30,000 in two hours. The run was the result of the failure of Grant Gillett, the Kansas eattle plunger.
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Run Made on a Missouri Bank, A run was made on the Central Savings bank of St. Joseph, Mo. Depositors drew out $30,000 in two hours. The run was the result of the failure of Grant Gillett, the Kansas cattle plunger.
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LATE NEWS ITEMS. The Central Savings Bank, of St. Joseph, closed last week on account of a run, resumed business. Governor Stephens invited Governors of 14 states to send delegates to the Louisiana Convention at St. Louis. While crossing the Missiesippi on the ice, near Quincy, III., a mail coach and horses broke through and Bank. A great riot took place in Havana between Cubans and Spaniards. Several persons were killed and many wounded. John Clark, a typhoid fever patient at Dodge City, Kas., was given up for dead and prepared for burial, but he surprised his friends by returning to life. In his address to the American Federation of Labor Convention at Kansas City, President Gompers scored expansion and other administration policies. The American Peace Commissionare at Paris banqueted Ambassador Porter in honor of the latter's hospitality and solicitous care of them during the treaty negotiations. M. Grousett delivered a sensational speech in the Chamber of Deputies on the Dreyfus case. Turbulent scenes were witnessed, the Deputies fighting on the floor. Several duels are on.
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St. Joseph Bank Receiver. ST. JOSEPH, Mo., Dec. 10. -Secretary of State Lesueur came here yesterday to examine affairs of the Central Sav. ings bank, which closed Tuesday or account of a run precipitated by a report that the bank held $30,000 of Secretary Plunger Giliett's paper. Lesueur appointed R. L. McDonald, wholesale merchant, and one of the directors of the bank, to serve as receiver until Monday, when the bank will resume business.
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Savings Bank Closed. ST. JOSEPH, Mo., Dec. 31.-The Central Savings Bank of St. Joseph has suspended business. It has gone into voluntary liquidation. This action is due primarily to the failure of G. G. Gillett, the Kansas cattle king. The directors say that dollar for dollar will be paid depositors. The capital stock of the Central Savings Bank is $50,000 and the deposits aggregated $600,000, largely owned by poor people and wageearners.
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GILLETT THE CAUSE OF A BANK'S FAILURE Held the Cattle Plunger's Paper, Which Caused a Run That Could Not Be Checked. ST. JOSEPH, Mo., Dec 31.-The Central Savings Bank of St. Joseph has suspended business. It has gone into voluntary liquidation. This action is due primarily to the failure of G. G. Gillett, the Kansas cattle plunger. The bank held several thousand dollars of his paper. The sum was not really large enough to do the institution even temporary injury. but when the fact became known public depositors were frightened and started a run. This was three weeks ago. The directors temporarily closed. re-established confidence and resumed business after two days. Patrons continued withdrawals, however, and the death of Louis Hax. the millionaire president of the bank. on December 25, brought matters to a crisis. Secretary of State Lessar was here to-day and held a conference with. the directors. Application was made for a receiver to Judge Woodson, in chambers, and he appointed Milton Tootle Jr., president of the TootleLemon Bank. The directors state that dollar for dollar will be paid. The capital stock of the Central Savings Bank is $50,000. and the deposits aggregated $600,000, largely owned by wage-earners.
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Bank Goes Into Liquidation St. Joseph, Mo., December 31.-The Central Savings bank has gone into voluntary liquidation. The bank held several thousand dollars of Cattleman Gillet's paper, and when the fact became public the depositors became frightened and started a run. The directors state that dollar for dollar will b paid depositors. The capital stock is $50,000 and the deposits aggregate $600,000, largely owned by poor people and wageearners.
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St. Joseph Bank Steps Out. The Central Savings Bank of St. Joseph. Mo., has suspended business and gone into voluntary liquidation. This action is due primarily to the failure of G. C. Gillett, the missing Kansas cattle king. The bank held several thousand dollars of his paper.
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Refused Ten Thousand Dollars. St. Joseph, Mo., Jan. 19.-Receiver Milton Tootle, of the Central Savings bank, has sprung a surprise on the court and depositors by serving notice that he will not accept one cent for his services. He is entitled to $10,000. R. A. Brown, receiver's attorney, voluntarily surrenders one-half his fees, or $2,500. The bank will pay depositors in full, February 1. It failed one year ago. The receiver is warmly commended by the court for the successful and speedy manner in winding up the bank's affairs.
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Refused Ten Thousand Dollars. St. Joseph, Mo., Jan. 19.-Receiver Milton Tootle, of the Central Savings bank, has sprung a surprise on the court and depositors by serving notice that he will not accept one cent for his services. He is entitled to $10,000. R. A. Brown, receiver's attorney, voluntarily surrenders one-half his fees, or $2,500. The bank will pay depositors in full, February 1. It failed one year ago. The receiver is warmly commended by the court for the successful and speedy manner in winding up the bank's affairs.
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Refused Ten Thousand Dollars. St. Joseph, Mo., Jan. 19.-Receiver Milton Tootle, of the Central Savings bank, has sprung a surprise on the court and depositors by serving notice that he will not accept one cent for his services. He is entitled to $10,000. R. A. Brown, receiver's attorney, voluntarily surrenders one-half his fees, or $2,500. The bank will pay depositors in full. February 1. It failed one year ago. The receiver is warmly commended by the court for the successful and speedy manner in winding up the bank's affairs.