220301186 22030
national
1f3b9d178b9f115aNone
Click image to open full size in new tab
CAUSED AN ASSIGNMENT. Lisbon, Ohio, October 22.-As one of the results of the suspension of the First National Bank here, D. C. Bower & Co., an extensive dry goods firm, made an assignment to-day. The head of the firm was on the bond of J. M. Child, the missing cashier, as treasurer of the city and township.
Click image to open full size in new tab
Was $60,000 Short. Lisbon, Ohio, Oct. 22.-The national bank examiner has only made a partial inves. tigation of the affairs of the First Na. tional bank, but he finds that I. A. Childs. the absconding cashier, was $00,000 short in his accounts. Only $9,000 in currency was found in the vaults, though there were demand certificates for deposits for $80,000 on the books. To-day as a result of the suspension of the bank, D. C. Bower & Co., dry goods, made an assignment, with liabilities of $15,000.
Click image to open full size in new tab
CASHIER SHORT $60,000. Evidence that the First National Bank of Lisbon. O., Was Wrecked. LISBON. O., Oct. 22.-The national bank examiner has only made a partial investigation of the affairs of the First National Pank. but he finds that I. A. Childs, the absconding cashier, was/$60,000 short in his accounts. Only $9,000 in currency was found in the vaults. though there were demand certificates for deposit of $80,000 on the books. To-day. as a result of the suspension of the bank. D. C. Bower & Co.. dry goods. made an assignment with liabilities of $15,000.
Click image to open full size in new tab
Result of a Bank Failure. LISBON, O., Oct. 22.-As one of the results of the suspension of the First National Bank here D. C. Bower & Co., an extensive dry-goods firm, made an assignment to-day. The head of the firm was on the bond of J. M. Child, the missing cashier, as treasurer of the city and township.
Click image to open full size in new tab
CLEANED OUT THE BANK. Ohio Cashier Is $600,000 Short In His Accounts. Lisbon, O., Oct. 22.-The National bank examiner has only made a partial investigation of the affairs of the First National bank. but he finds that I. A. Childs, the absconding cashier, was $60,000 short in his anccounts. Only 9,000 in currency was found in the vaults, though there were demand certificates for deposits for $80,000 on the books. Today, as a result of the suspension of the bank, D. C. Bower & Co., dry goods, made an assignment with liabilities of $15,000.
Click image to open full size in new tab
Business Embarrassments. LISBON, O., Oct. 24.-As a result of the collapse of the First National Bank Alpheus Arter, one of the heaviest depositors, closed his harness manufacturing establishment to-day. About one hundred persons are thrown out of employment. There have been no further developments in the bank's affairs. It is thought the total loss will reach about $150,000. Nothing has been heard of Childs, the missing cashier. MILWAUKEE, Wis., Oct. 24.-Judge Seaman, in the United States Court to-day appointed Herman Erb receiver of the Appleton Water Works Company on a bona of $50,000. The appointment was made on motion of the Central Trust Company, of New York. Default in the interest on bonds was the cause of the proceeding. TURNER'S FALLS, Mass., Oct. 24.-The Marshall Paper Company, manufacturers of tissue and cigarette paper, assigned to-day because of dull trade. Its capital stock is $146,000. NEW YORK, Oct. 24.-Absolom P. Bachman, lumber dealer, has filed a petition in bankruptcy. Liabilities, $68,685.
Click image to open full size in new tab
TELEGRAPHIC BREVITIES. The thirty-second annual convention of the American Institute of Architects is in session at Washington. The Commercial Hotel, City livery stable and a saloon at Oklahoma City, O. T., burned early yesterday. The guests had time to escape from the hotel. Frank B. Leefe, convicted with J. B. Wolfson of wrecking the Union National Bank of New Orleans, died in the parish prison in that city yesterday. The agent of W. O. B. MacDonough, owner of Ormonde, states that the Duke of Westminster's offer of $50,000 for that famous race horse has been declined. The affairs of the First National Bank of Lisbon, O., look more promising. It is now definitely determined that the snortage of Childs, the missing cashier, will not exceed $40,000. Depositors will be paid in full. R. T. Howell, an insurance agent of Bridgeport, O., was arrested at Wheeling yesterday at the instance of the West Virginia state auditor for issuing fire insurance policies of companies not authorized to do business in that State. Detective McVey, of Delaware, who is in California representing his State in the Botkin poisoning case, has engaged attorneys to look after the legal side of the case and an endeavor will be made to have the case carried to the Federal Court for settlement. The discovery has been made at Port Townsend, Wash., that some miscreant has defaced the two fifty-four-ton guns that are waiting to be placed in position at Marrowstone point by cutting names on the stem barrels with soap and acid. Suspicion rests on discharged workmen. Lambert Wilt, the absconding controller of the Bunglau Savings Bank, Bohemia, with his wife and aunt, were taken to Chicago yesterday from St. Louis, where they were arrested Monday night. They will be held in Chicago as prisoners to await instructions from Bohemia. In the United States Circuit Court at Springfield, III., yesterday, George Caruthers, William A. Sims and William T. Cox. of Waverly, filed a petition to have the bank of Waverly, at Waverly, III., adjudged bankrupt. The defendant made a general assignment Aug. 11. The liabilities are $300,000, with assets unknown. While hunting with four companions, near Irwin, Pa., Joe Boleti, an Italian coal miner, accidently discharged his weapon and some of the shot entered the body of John Macholi, another of the party. The accident frightened Boleti and he started to run, when without a word, Macholi raised his gun and shot him through the heart. The murderer is at large. Judge Thayer, of the United States Court of Appeals at St. Paul, yesterday reversed the decision in favor of the defendants, rendered by the lower court, in the case of the government against the Pine River Logging and Improvement Company, involving $487,000 worth of lumber alleged to have been wrongfully cut and removed from Indian reservations. John Hubbard and William Lamont, who are serving time in the Michigan State House of Correction, confided to three fellow-prisoners that a year ago last September they murdered and robbed Ludwig Herman, a veteran soldier, They will be held and tried for the crime, which has hitherto been a mystery, When visited by officers Hubbard and Lamont dented having made such a confession.
Click image to open full size in new tab
National Bank Receiver. Washington, Nov. 3.-The comptroller of the currency has appointed Isaac B. Cameron receiver of the First National bank of New Lisbon, O.
Click image to open full size in new tab
Appointed Bank Receiver. Washington, Nov. 3.-The controller of the currency has appointed Isaac B. Cameron receiver of the First national bank of New Lisbon at Lisbon, O.
Click image to open full size in new tab
How Not to Run a Bank The cashier of the First National of Lisbon, O., is a defaulter to a large amount. The bank is closed, and a prominent merchant who was on the cashier's bond has assigned. If the bank directors had insisted on independent audits or examinations, the cashier would not have been a defaulter, or if they had merely insisted on the cashier giving a bond with a reliable surety company the merchant would not be insolvent. Here are two shining illustrations of how not to run a bank, which are worthy of further reflection.-New York Financier.
Click image to open full size in new tab
A. B. Cameron Appointed. Washington, Nov. 3.-The comptroller of the currency has appointed A. B. Cameron receiver of the First National bank of New Lisbon at Lisbon, O.
Click image to open full size in new tab
BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. 24-National, Paola, Kan., suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 24- Bank of Southern Baltimore, $170,000. Mar. 16-Home savings Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29 Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia., $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabilities $103,000 German national of Pitts burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28 Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 -Second national, of Toledo, o., goes into voluntary liquidation.
Click image to open full size in new tab
BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. 21-National, Paola, Kan., suspended. 1-First - national, Larimore, N. D., $71,754. Feb. -Bank of Southern Baltimore, $170,000. Mar. 6-Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7--Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13--Tioga national, of Oswego, N. Y., closed. 19 -First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000 closed; resumed on Nov. 15. 20-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., susspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.
Click image to open full size in new tab
BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. 31-First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. -Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. -Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. -First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.
Click image to open full size in new tab
BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. - First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. 16- Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, la. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III. $150,000. 7-Fillmore county, Preston, Minn., $156,000 Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forgo, Va., liabilities, $50,000. Oct. 4 --Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., Habil German national of Fitts ties $103,000 burgh, Pain liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 -Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., sus pends, 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., clease doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation.
Click image to open full size in new tab
BANK FAILURES. Jan. 17-State, Elmwood, III $60,000. 24-National, Paola, Kan., suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 21-Bank of Southern Baltimore, $170. 000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia. $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. -Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150, 000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich, $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing_2., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national, of Teledo O., goesinto voluntary liquidation.
Click image to open full size in new tab
BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. -National, Paola, Kan., suspended. 1-First national, Larimore, N. D., $71,754. Feb. 24 -Bank of Southern Baltimore, $170,000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. .20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia., $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill. $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000 closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nor. 5- First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national. of Toledo, O., goes into voluntary liquidation.
Click image to open full size in new tab
BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24 National, Paola, Kan. suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170, 000 Mar 16-Home savings, Sioux City, Ia., $00,000 Benson savings, Waterford, Pa., $40,000. 21-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guaranters' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan, $283,000. 0-Commercial state, Marshalltown, Ia. 2--German savings, Doon, 1a., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug II-Bank of Waverly, III $150,000. 27- - Fillmore county. Preston, Minn, $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich. $100,000. 15-Jasper. Ala., bank, $65,000. 26- Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswege. N. Y., closed. 19 First national of Neligh, Neb., liabilities $108,000 German national of Pitts burgh, Pa., liabiliteis, $2,000,000. 21 - First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29- Second national, of Springfield, O., goes into liquidation. Nov. 5 First national, of Flushing., o., suapends 16 First national, of Emporia, Kan., closed. 28. Bank of Hornersville. N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation.
Click image to open full size in new tab
Bank stockholders Mulcted. Lisbon. O.. Jan. 14.-Considerable excitement has been caused here among stockholders of the defunct First National bank by a notice from the comptroller of the currency requiring them to pay $100 on every share held by them when the failure occurred. All must be paid in by Feb. 9 or the receiver will enter suit.
Click image to open full size in new tab
Stockholders Must Pay. Lisbon, O., Jan. 14. - Considerable excitement has been caused here among stockholders of the defunct First national bank by a notice from the comptroller of the currency requiring them to pay $100 on every share held by them when the failure occurred. All must be paid in by February 9 or the receiver will enter suit.
Click image to open full size in new tab
A 40 Per Cent Dividend. Columbus, O., April 11.-The receiver of the failed Lisbon National bank has declared a 4 per cent dividend. It is announced that the depositors will eventually receive 80 per cent.
Click image to open full size in new tab
Found Some Money. Lisbon, O., Dec. 14.-Receiver I. B. Cameron, of the First National bank, has discovered $651.61 belonging to M. J. Childs, the long missing cashier, on deposit with the National Building and Loan company, of Cleveland, and has attached it.