Article Text
FREEDMAN'S BANK.-A telegram from Washington réceived to-day, says that the Freedman's bank loses nothing by the suspension of Jay Cooke & Co.'s banking house or the First National bank of that city.
First National Bank (Washington, DC)
Episode Information
- Episode UID
2600885- Episode Type
- Run → Suspension → Closure
- Bank Type
- national
- Bank ID
-
260national - Charter Number
- 26
- Start Date
- September 19, 1873
- Location
- Washington, District of Columbia (38.895, -77.036)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
08e2ebf8cc485627
Response Measures
Accommodated withdrawals, Capital injected, Full suspension, Books examined
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1873-09-19
- Date receivership terminated
- 1876-07-24
- OCC cause of failure
- Excessive lending
- Share of assets assessed as good
- 43.9%
- Share of assets assessed as doubtful
- 56.1%
Description
Receiver Edwin L. Stanton appointed 1873-09-19; bank never resumed independent operations and assets sold under receiver.
Events (7)
1.
July 16, 1863
Chartered
- Source
- historical_nic
2.
September 19, 1873
Receivership
- Source
- historical_nic
3.
September 19, 1873
Receivership
- Newspaper Excerpt
- Edwin S. Stanton, son of the late secretary of war, has been appointed receiver of the First national bank of this city.
- Source
- newspapers
4.
September 19, 1873
Run
- Cause
- Local Banks
- Cause Details
- Run was triggered by suspension/failure of Jay Cooke & Co. and associated panic spreading to First National
- Measures
- Some depositors withdrew funds prior to suspension; no special liquidity measure reported
- Newspaper Excerpt
- at that hour not more than 25 were in waiting...the run would exhaust itself to-day
- Source
- newspapers
5.
September 19, 1873
Suspension
- Cause
- Correspondent
- Cause Details
- Suspension followed the failure/suspension of Jay Cooke & Co. which withdrew large balances and precipitated the bank's suspension
- Newspaper Excerpt
- Edwin S. Stanton ... has been appointed receiver of the First national bank of this city.
- Source
- newspapers
6.
November 10, 1873
Other
- Newspaper Excerpt
- The First National Bank of Washington ... commenced paying thirty cents on the dollar to depositors who have proved their accounts.
- Source
- newspapers
7.
January 20, 1875
Other
- Newspaper Excerpt
- On the 9th day of December, 1874, [receiver] did ... sell at public auction the banking-house of said bank ... to the Citizens' National Bank of Washington
- Source
- newspapers
Newspaper Articles (25)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
JAY COOKE & CO. (Continued from First Page.) ing the wild rumors, proved to be in a very fortunate position in Its relations to the suspended institutions. It had only a collection account with the First National bank, and its balance there was less than one thousand dollars. It had no account with Jay Cooke & Co., and had but four hundred dollars in Northern Pacific railroad bonds. There was only a trining disturbance at that bank this afternoon. The District government is a very small sufferer by the suspension. The district treasurer had drawn down his balance very low to meet the requirements of the various departments, and had but $6,000 to his credit. The whole pack of dirty lies about Governor Cooke and District affairs sent from here during the past week was exploded by the facts developed yesterday. At first it was rumored that the two banks of Cooke & Co. held a heavy line of District securities and paper, and that this precipitated the suspension. It turned out speedily that the banks held little or none of it, and that the house of Jay Cooke & Co. had always declined to deal in District securities while the head of the house held the office of Governor. Had the stories of immense profits from this source had any foundation the suspension of to-day ought not to have occurred. The two houses here did a large commercial business. The branch of Jay Cooke & Co. had a large number of accounts of business and professional men, the small depositors especially always finding it a convenient and pleasant place for doing business. The First National also had a very fine list of depositors, many of them well-to-do and retired people, with others in official life, keeping their accounts there. Its line of dealers was also large, and it discounted regular commercial paper with a cautious freedom that its ample resources permitted. The President of the United States kept his account there, as his predecessors had, but as this account has always been in the nature of a special deposit, there will be no loss. Being a Government depository, It frequently had large sums of public funds. At the present time It holds $140,000, for which the Government is amply secured by bonds and cash balances.
Click image to open full size in new tab
Article Text
RECEIVER. PAY WASHINGTON, September 19.-Edwin S. Stanton, son of the late secretary of war, has been appointed receiver of the First national bank of this city.
Click image to open full size in new tab
Article Text
Appointment. Washington, 19. Edwin S. Stanton, son of the late secretary of war, has been appointed receiver of the First National Bank of this city.
Click image to open full size in new tab
Article Text
upon and had retired, and at that hour not more than 25 were in waiting. At half-past two this afternoon there were not more than ten or a dozen persons in line. a nd everybody was of the opinion that the run would exhaust itself to-day. Even those in line did not seem to exhibit any anxiety, and quite a number dropped out from time to time and went home. THE FIRST NATIONAL BANK. Receiver Stanton is still busily engaged with his assistants in preparing a statement of the condition of the affairs of the First National Bank. He expects to be able to report by the middle or latter end of the present week. THE NATIONAL LIFE INSURANCE COMPANE The following circular letter has been ismed from the office of the National Life Insurance company to its policy holders in this city, which as a matter of general interest, we publish for the information of the public: OFFICE OF THE NATIONAL LIFE INSURANCE COMPANY OF THE U. S. OF A., WASHINGTON, D. C., Sept. 20, 1873 Dear Sir: It affords me pleasure to be able to assure you that the late commercial disaster has in no way affected the interests of the National Life Insurance company. Its assets are as strong as ever. and its investments are always so regulated that no monetary crisis can pos. sibly reach them. No apprehensions therefore as to the future of the company need be entertained. It stands to-day solid and strong, with a brilliant prospect before it. Respectfully, W. P. DUNWOODY, General Agent.
Click image to open full size in new tab
Article Text
Panic in Wall Street. The financial world was shocked last Thursday by the announcement that the heavy firm of Jay Cook & Co,, of New York, had suspended payment This firm, as is well known was one of the heaviest banking houses in the world, having advanced immense sums of money w the gov erument during the war when the national credit was gone, and being now one of the leading members o! the syndicate, besides having advance ed millions of dollars to Railroad companies. Th bank suffere a run on Thursday morning. an was com pelled quate early 1a the day to clust The phuosophy of this future, which led to many other suspensions, must be sought in the fact that, instead of attending to a. legitim t banking bu-mess, speculative enterprises were entered into. Immense loads of railroad bonds, in which capitalists are now slow to invest, were taken and the result we see in a financial crisis, whose extent will never 1, known, because of the heavy loss on tailed upon holders of railroad stock responded of at a she " after 1. panic occurred. Among the new vailures we notice the following: Fish & Hatch, N " Y ik; the Fax National Bank of Washington, the New Your Unen Trust Company; he National Bank of in Common wealth, N.W York the National Trust Company. New York; the Bank of America, Non York; the Union Banking Company. 01 Philadelphia. These froms," of them at least. were intimatey associated with Couke & Co 111 their business trans actions, and the financial distress will be more of less wile-spread in proportion to the permanency of the failures. If the alone soff l' ed from the panic, the financial dis turbance would excite little sympto thy, but as it entailed losses upon many who had their all invested in radroal securities, which they sold at he ay loss, the panic is J. plorable. The effect produced upon the floor 01 the Stock Exchange may be intere red from the fact that last Saturday the extreme factuations on some clocks were as follows: Harlem 30 per cam; Panama, 18; Rook Island 91; Western Union. 9; Hammbal & St. Joseph, 9, with other stocks flue tuating from 2 to 8 points. The government came to the relief of the money market by purchasing U. Bonds. By this meaus, togeth. er with the action of Bank Presi dems, through the Clearing House loan certificates, many millions of greerbacks were released, with III touching any portion of the $44,000. 000 reserve now In the National Treasury.
Click image to open full size in new tab
Article Text
P Edwin M. Stanton, son of the late Secretary of War, has been appointed receiver of the First National Bank in Washington.
Click image to open full size in new tab
Article Text
during the past few days. It was the general impression that they would get through, but to-day - the fourth national bank refused to clear their chcks although the firm had $800,000 of security against which $300,000 had been drawn. The panic reached Virginia, and we have the follwing dispatch from Richmond: Richmond, Va., Sept 23.-The Merchants' national, the Pisterers' and Mechanics bank, and the first national bank, all of Petersburgh, suspended this morning. The Citizens' bank, although not suspended, declined payment. Rumors of heavy commercial failures are also rife in that city. The banks of Richmond are safe, but there is considerable excliment over the news from Petersburgh. The following is an interesting incident of the panic in Washington : The most prominent depositor in the first national bank of this city, next to President Grant, was Andrew Jonson. At the time of the failure of ths bank, Mr. Jonson had $60,000 to his credit, on which he was receiving 6 percent. interest, which was his only revenue. Should the bank be unable to discharge its obligations, a contingency by no means improbable, ex-Preeident Jonson will be almost pennieless. The widow of a former navy agent had $17,000, the proceeds of a sale of all the property she had, and it is said General Hunter had a large balance to his credit there. Mr. Knox, collector of currency, whose money was in the bank, said he didn't have money enough to go to market with the next day after the suspension.
Click image to open full size in new tab
Article Text
WORSE AND WORSE. It is said that the children and other legatees of the late Chief Justice Chase will lose all the personal property bequeathed to them by the failure of the Cookes. Through his favor, kindness, and protection, the Cookes were enabled to rise from obseurity to position, and from poverty to great wealth. Had they been content with these gains, they would to-day have been prosperous and powerful. Greedy of vaster fortune, they recklessly blundered, speculated, and fell, involving thousands in their ruin. The Chief Justice had no faith in Henry D. Cooke's ability, but he believed him to be honest, and made him the excentor of his last will and That now a All that he duty. testament. answered by shameful sacred could trust sacrifice reach is has of been appropriated from the estate, and this is but one example of hundreds equally scandalous. Is there no penalty for such crimes?-New York Sun. THE FAILURE OF JAY COOKE & co's NATIONAL RANK-THE PRESIDENT'S DEPOSIT. WASHINGTON, Sept. 25.-It is authoritatively stated to-day that there will be no statement of the condition of the First National Bank before Saturday, and probably not then. The receiver. Mr. Stanton, was asked to-day what he thought the First National Bank would pay. He replied, "That depends altogether on what Jay Cooke & Co. pay the First National Bank." It is said that the amount drawn out of this bank and sent to Jay Cooke & Co.'s Philadelphia house was over one million dollars. The valuable property of H.D. Cooke in Georgetown was conveyed to his wife more than two years ago. There is a good deal of speculation in regard to the deposits of the President and several other prominent oflicials with the First National Bank. It is claimed that whatever funds the President had there were special deposits. It is difficult to understand how this can be. He gave the bank a power of attorney to draw bis salary quarterly, and it was placed to his credit in the bank. Several of the Justices of the Supreme Court did the same. This was certainly nothing more than an ordinary deposit, and should not intitle the depositors to any special privileges. However, it is currently reported on the streets that the receiver has said that these fortnnate individuals will not suffer because their deposits were special. The impression very generally prevails that there will be unfair dealing of some kind in winding up the affairs of this bank, and this tends to aggarvate the ill feeling which exists among the sufferers. The effects of the disturbed money market are beginning to be felt here in every direction. One of the heaviest dry goods merchants in this city said to-day that since the failnre of the Cookes he had not been doing business enough to pay rent. All the surplus money had already been locked up by the Ring in their worthless certificates, and now there is scarcely enough in circulation for market purposes.New York Sun.
Click image to open full size in new tab
Article Text
THE officials of the First National Bank, at Washington, sent President Grant a "little tin box" containing his deposits, just on the eve of suspension. Other depositors received their kelter in a horn," as the "little tin boxes" had given out.
Click image to open full size in new tab
Article Text
It is rumored that ex-President Johnson's admirers are getting up a subscription to compensate him for his heavy loss by the failure of the First National Bank at Washington. A panic stricken Burlington (Iowa) man drew $15,000 from the bank, and now goes around with the greenbacks in a belt. His name is suppressed as an aggravation to highwaymen.
Click image to open full size in new tab
Article Text
- Andrew Johnson says he had $73, 000 on deposit with the First National bank at Washington, when it suspended; that be doesn't expect to get much of it, and that if he loses the whole of it, he has some more left.
Click image to open full size in new tab
Article Text
TO RESUME. The Chronicle states that it is now generally understood at Washington that the First National Bank of that city, which was one of the first institutions to succumb to the panic, will be able to pay up in full, and adds: "We name this'matter that depositore and other creditors may not be induced by shystere to dispose of their interests at less than their real value. Governor H. D. Cooke has amerted from the first, and all along since the suspension, both the ability and disposition of the stockholders to pay the liabilities of this bank to the last dollar." As this was one of the lagest banking instisetions among those suspended, and had doposite from all sections of the country, the seport of its probable resumption will be bailed as good mome
Click image to open full size in new tab
Article Text
WASHINGTON. Special Dispatch to The Chicago Tribune. WASHINGTON. D. O., Nov. 5.-Announcement will be made to-morrow morning of the purpose of the suspended First National Bank of this city to pay 30 por cont to its creditors and dopositors on Monday noxt.
Click image to open full size in new tab
Article Text
TELEGRAPHIC A National Bank Pays 30 cents. Jay Cooke 15 Proposes to Pay cents on Northern Pacific Bonds. Financial Troubles. Laborers out of Work. They Say They Will Not Starve. Frands U.S. by the Republicans Com'r in New York. Death of one of the Ill's R. R.& Warehouse Commission. Accidents, Fires, Suicides. Murders, etc. tional W ASHINGTON, Bank Nov. 10.-The First cent. and paying depositors Na per cent. they all will probably receive thirty fifty ceived Among thirty the depositors. who to-day from the First per National cent. of their deposits $22,000. President Johnson. who received Bank. nearly that It is rumored fifteen been made per by Jay Cooke proposition Co. has Northern Pacific cent. bonds. money balance on Rickley made banker COLUMBUS, Nov. his His lia the benefit of assignment this at are $125,000 bilities estimated $75,000. Nov. from the -Reports BOSTON. of New England manufacturing are There this morning cheering of business news of the and manufactor places, running 10. Nov. NEW YORK, Battershall to-day failed Co.'s teahouse year aggregated Bank, referred the with propriated and child man, leaving The seamen parade the shipping creating repeal for mission Ship masters petition preparing of the repeal the day. James connected Hodgskin the Erie finance offered estern Railroads. that utility and of under the thorities. the men also Hodgskin plenty. the banks, of drawal to gained payments this tender hear the will which hopeful prevails Morris addition to firms sumption and banking paring of but the name trade public the The House report the will mittee payment the certificat interest money Stock greenbacks gold ST. Merchant LOUIS, committee appointed the securing aid the souri valley cities the ask valley. SALT Nov_ Utah of ern Railway the from Guage dif to ham City and will probably nb completed ght NEW The YORK, Hall of Commission the the election frauds. of the spectors tearing ith tickets changing ing the were altered their returns The llid hard bears quarters. and Commissi Charlick ce, missioner ok 10 Nov. Two fever MEMHPIS. ack the hours. Three ra The streets ed. at H. Sr. LOUIS. Louis, wealthiest It of effect He ago years F left property ted millions ita D H CHICAGO. is of Railw Illinois Board President rugdied and stoners, Warehouse at III. try residence yesterday. 10. Nov -Rev. Father PITTSBURG, zil He here came up four died yesterday. between pro quarrel the OMAHA, Nov. years ago. of Sleep Union the otoformer buildi their ways sold, but only berth reet, Guill m drew the Saturday leaving town, his About er hundred English. this ing. through this city, Welch bound and Mormons. Scotch, princip A dispatch. morning Kansas. dded the robbed Island in are arrested have been jail at Kansas. lington, es. 10.Nov. CHICAGO. known German by a scarf to a laborer was The body of an suici Mass. supposed the city, this morning tree in the ather found par
Click image to open full size in new tab
Article Text
Carl Schurz denies that he intends to locate in Chicago. Lorraine, which gave birth to great Marshal Ney, who was executed for alleged treason, is also the birthplace of Marshal Bazaine. The suspended First National Bank of Washington, D. C., commenced last Monday Daving its depositors an inof ta cent on the dollar.
Click image to open full size in new tab
Article Text
Genera of the of the giving to his ted by with Spain, but detervery unfav official circles. of the same to Virthe date of ginius in The Spanish in good on by the faith and regrets in its not before the The took Cudificulty of that Governin as well this enas was as to the the Virginius until ortained. the CuThere The New York bans Cuban had possible to to set for the out on the the from being Amercorps formed had been 2,000 names old, of wellthem of tried Cubans were was for calling made to the dition means island. for City York The of 100,756, of which Tammany his and McCool, 29, jority, of the York dispatches feeling and the from Reports and telethe cable less diemal, grams as desired. daily almost all manuthat from or rentirely factories Laand wages. ducing be bor sections of cause of The session of of the HusIowa 9. to The has been bandry at be in the State held House Des the of IlliCook, President and Comnois on in the Normal 9th. most morning He sudden Board of died Railway home His death was was fifty -six 8th of says dispatch Indians the mitting the Indians except Satanta. the Chiefs, released of the is head said them. of Lee, Mary Mrs. The Custis E. took the Lee, late widow Robert General 8th. the Her place Virginia, Lexington, S. F. W. and Lee, Lee, Custis three a E. large were present, besides Robert dewere Her remains friends. of in the her the husband, posited Lee seven sixty of years the on 10th, adoption of Conthe the national of the abolition stitution, of the and Church State. on in the 10th New York days few that in Cuba, which the losing beaten, The twenty eighty prisoners. all report caused Spanish to of be the battle. the on 5th, dated Havana, the of tion the gives execut account following de of the Santiago Virginius prisoners four made "The place the revious to close house wall. the Cuba: prisone the Blaug firmne was quite famous before manner marched Ryan showeightly down fear and the were Bambe the the died killed at on in gton Washington the the 10th, notifying of the that State GovernSpanish Secretary to the had ment Captain General to the telegraphed t all stay against captives custody in has been al in into session testilegal frauds. to up fied tearing inspectors then A Tammany in New York Hall City, Several changing and also, had that police tickets; two inspecnaturalized intimidated or the tors after false swore altered were votes counted. of First The Bank National Washington on on the thirty cents 10th, paying commenced the to who their dellar proved depositors would thought accounts. fifty about receive A of the 10th says reports of the EnNew from sections of news was were more gland There cheering of in and several places, resumption of on the increased renunning of the The manufactories time. many be that was daily statements coming more apparent. of the The Boston great of on the fire review of 365 work buildings had been burnt district, were which 115 of on of the streets The Memphis crowded and they 10th, same the did out. broke fever before Nearlya the In had the four twenty returned. absentees ten but there two were and hours ending five at new cases. in was held An Cuban meeting of the The Surveyo officials Federal conNew Port Orleans and Oth Regolutions on prominent were adopted participated.
Click image to open full size in new tab
Article Text
PERSONAL. The time for holding the annual session of the Iowa State Grange of Patrons of Husbandry has been changed to December 9. The meetings will be held in the State House at Des Moines. Colonel H. D. Cook, President of the Illinois Board of Railway and Warehouse Commissioners, died at his home in Normal, on the morning of the 9th. His death was most sudden and unexpected. He was fifty-six old. The obsequies of Mrs. Mary Custis Lee, widow of the late General Robert E. Lee, took place in Lexington, Virginia, on the 8th. Her three sons, W. S. F. Lee, Custis Lee, and Robert E. Lee, were present, besides a large concourse of friends. Her remains were deposited by the side of her husband, in the memorial room. Mrs. Lee was sixty-seven years of age. The First National Bank of Washington, on the 10th, commenced paying thirty cents on the dollar to depositors who have proved their accounts. It was thought depositors would receive in all about fifty per cent. The first anniversary of the great Boston fire occurred on the 10th. A review of the work of rebuilding shows that 365 buildings had been commenced within the burnt district, 115 of which were completed. The streets of Memphis were crowded on the 10th, and presented the same appearance they did before the fever broke out. Nearly all the absentees had returned. In the twentyfour hours ending at ten p. m., there were but two deaths and five new cases. Joseph Arch left this country a few days ago for England; also, Mark Twain, who only arrived from there two days before. The Inter-State Industrial Exposition held in Chicago, and which was recently brought to a close, was a success in every respect. The net receipts over expenses, exclusive of the building, were $62,000. The structure cost $267,000. The Duquesne and the Mechanics' Savings Banks, and the banking house of Millar & Sons, of Pittsburgh, and the Savings Deposit Bank, of East Liberty, Pa., have suspended. The assets are said to be ample to secure creditors. Hon. S. S. Mailory, formerly United States Senator from Florida, and Secretary of the Navy in the Cabinet of the Confederacy, died at Pensacola on the 9th. There were no new yellow fever cases nor deaths in Memphis on the 12th. Ex-Acting Mayor Cicalla, charged with appropriating to his own use supplies that he drew ostensibly for a widow and her children, was expelled from the Board of Alderman by a unanimous vote. Granges of the Patrons of Husbandry have been recently formed at Harvard and Danvers Mass., and a State Grange is to be formed on the 1st of December. On the 12th there were thirteen Granges in Massachusetts, including the Boston Grange, whose charter is in dispute, and the Order is rapidly extending throughout the State. The annual meeting of the Illinois State Grange of the Patrons of Husbandry is to be held at Bloomington on Tuesday, December 9, commencing at ten o'clock a. m. The mother and sister of General Ryan, one of the victims of the recent butchery in Cuba, are residents of Chicago. At an Anti-Chinese Convention recently in session in San Francisco resoluitons were adopted in favor of the abrogation of the Chinese treaty and against Chinese immigration and labor.
Click image to open full size in new tab
Article Text
FIRST NATIONAL BANK OF WASHINGTON. It will be remembered that one of the primal causes of the September panic of '73 was the explosion of the First National Bank of Wash ington. Henry D. Cooke, a brother of Jay, was president, and Jay Cooke was a director. The capital then was $500,000, and when its affairs were examined it was found that Jay Cooke & Co., of which firm Henry D. Cooke was a member, had borrowed $700,000. In other words that the Cookes had sucked the bank dry to aid in their speculative operations. Under the national banking law at no time can a director borrow, no matter upon what security or how much stock he may hold, more than one quarter of the capital stock of the bank. The Cookes have grossly violated the law, and they should be severely punished. If like Tweed they were confined to the State Prison it would be for the benefit of the community. A few sharp examples made of exalted rogues would everywhere purify the financial atmosphere. We aver that the House Committee on Banks and Banking, of which Gen. Hawley, of Connecticut, is chair man, has made a just and unmistakable report upon the villainous conduct of Henry and Jay Cooke. We trust that every member of Congress from Wisconsin will bear in mind that the people demand that punishment should be awarded to bank swindlers, for their thieving does very much more harm to the community than ordinary burglary. Milwaukee Wisconsin.
Click image to open full size in new tab
Article Text
tection. GENERAL NEWS. Boss Tweed's prison apartments are elaborately fitted up, and efforts are being made to place him on a level with other thieves in that institution. Charles Ernest Beale, the distinguished French classical scholar and a member of the Assembly, is dead. Jenny Lind's eldest son is at Corpus Christi College, at Oxford, and she has a daughter just coming into womanhood. The visit of Ex-President Andrew Johnson to Washington is with reference to the drawing of another dividend on the funds he deposited in the First National Bank of that city before its failure during the late panic The Japan Mail has published a violent attack upon the United States minister, based upon a brief paragraph in a Washington paper purporting to give the substance of a private letter from Bingham. That gentleman is understood to disclaim any knowledge of the extract in question. A cat which stuck its head too far into a tin can, in a New Jersey town one night last week. was the innocent cause of a lively excitement. The family supposed a burglar must be in the kitchen, and while the ladies very properly fainted, the gentlemen armed themselves and began firing wildly out of the windows, to let the supposed marauders know there were fire-arms in the house. The police and members of the fire department were anything but complimentary in their remarks as they journeyed homeward.
Click image to open full size in new tab
Article Text
The visit of ex-President Andrew Johnson to Washington is with reference to the drawing of another dividend on the funds he deposited in the First National Bank of that city before its failure during the late panic.
Click image to open full size in new tab
Article Text
THE reason the First National Bank of Washington suspended was that Jay Cook & Co., carried away $900,000 two weeks before it falled. They seem to have gathered the assets in time. They are all christian statesmen.
Click image to open full size in new tab
Article Text
LOCAL NEWS, Condensed Locals. The United Stone Outters have agreed to contribute $500 for the Washington Monument. In the Equity Court, Judge Wylle, to-day a number of orders were made, and the court adjourned to Thursday, August 6th. Attention is called to the excursion of Phoenix Tent of Rechabites. Advertisement in another column. Anderson Scott was taken from this city to Maryland yesterday, on a requsition from the Governor to answer a charge of robbery. The Fairfax M. E. camp meeting, near Thornton station, Washington and Ohio railroad, under the supervision of Revs. E. P. Phelps and Henry Clement, commences tomorrow. Lieut. Hoxie has requested Col. Amos Webster, adjutant general of the District, to furnish & correct inventory of all the public property, arms, accoutrements, &c., in the possession of the District. E. L. Stanton, Esq., receiver of the First Na. tional Bank, has rented the lower floor of the building, formerly occupied by Jay Cooke & Co., to the Citizens' National Bank of Washington. The 2d floor, formerly occupied by the First National Bank, will be reserved, in contemplation of the reopening of that bank. The game of base ball yesterday on the Olympic ground between the Philadelphia Club, professionals, and our Nationals, amateurs. was won by the former by a score of 11 to 3. The game in Baltimore yesterday tetween the Creighton Club. of this city, and the Peabody Club, of Baltimore, both amateur organizations, was won by the Washingtonians by a score of 21 to 7.
Click image to open full size in new tab
Article Text
LEGAL. I N THE SUPREME COURT OF THE DISTRICT OF COLUMBIA, HOLDING A DISTRICT COURT OF THE UNIT ED STATES IN AND FOR SAID DISTRICT. In the Matter of the Real and Personal No. 265. Property of the First National Bank of Washington, D. C. Edwin L. Stanton, receiver of the First National Bank of Washington, D. c., having reported to the court that under and by virtue of an order of this court in the above entitled matter, passed on the 22d day of July, 1874, he did, on the 9th day of December, 1874, sell at public auction the banking-house of said bank and the furniture and appurtenances thereof to the Citizens' National Bank of Washington, being the highest bidder at such sale, for the sum of seventy-two thousand dollars, ($72,000,) payable in installments as follows: One third cash, and the residue in one and two years, in equal installments, bearing interest at six per cent. per annum. It is thereupon this 20th day of January, 1875, ordered that any or all persons having objection to the ratification and confirmation of said sale shall have opportunity to show cause against such ratification and confirmation on or before WEDNESDAY, the third day of February, 1875, and that a copy of this order shall be inserted in THE NATIONAL REPUBLICAN every other day until said date. D. C. HUMPHREYS, Justice. A true copy-Test: R. J. MEIGS, Clerk. By L. P. WILLIAMS, Assistant Clerk. ja21-ThSMtd
Article Text
NEW BANK RECEIVER S. Bryan. federal receiver of the First National Bank. has been called to Washington. to take charge of bank there. Horace Meeker his successor at Unionville. The change took effect today.