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The Comptroller of the Currency has appointed National Bank Examiner James T. Bradley temporary receiver of the First National Bank of Topeka, Kan., the failure of which was announced this morning
First National Bank (Topeka, KS)
Episode Information
- Episode UID
264601267- Episode Type
- Run → Suspension → Closure
- Bank Type
- national
- Bank ID
-
26460national - Charter Number
- 2646
- Start Date
- July 2, 1905
- Location
- Topeka, Kansas (39.048, -95.678)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
93d5da66f9d25443
Response Measures
Public signal of financial health, Capital injected, Full suspension, Books examined
Receivership Details
- Depositor recovery rate
- 82.5%
- Date receivership started
- 1905-07-03
- Date receivership terminated
- 1909-09-30
- OCC cause of failure
- Excessive lending
- Share of assets assessed as good
- 35.7%
- Share of assets assessed as doubtful
- 57.7%
- Share of assets assessed as worthless
- 6.6%
Description
Suspension was by Comptroller's order with a receiver appointed the same day; failure tied to large Devlin loans.
Events (5)
1.
March 13, 1882
Chartered
- Source
- historical_nic
2.
July 2, 1905
Run
- Cause
- Bank Specific Adverse Info
- Cause Details
- Runs precipitated when it became known the bank had large loans to C. J. Devlin and his firms; concern after Devlin's illness and uncertain affairs.
- Measures
- Books and remaining cash locked in vaults pending government examination.
- Newspaper Excerpt
- The Central in Topeka and presumably the other banks there fortified themselves for the run which they are having today.
- Source
- newspapers
3.
July 3, 1905
Receivership
- Source
- historical_nic
4.
July 3, 1905
Receivership
- Newspaper Excerpt
- The Comptroller of the Currency has appointed National Bank Examiner James T. Bradley temporary receiver of the First National Bank of Topeka, Kan., the failure of which was announced this morning
- Source
- newspapers
5.
July 3, 1905
Suspension
- Cause
- Government Action
- Cause Details
- Comptroller of the Currency ordered suspension and appointed a temporary receiver after run and discovery of heavy Devlin loans.
- Newspaper Excerpt
- The First National Bank at Topeka, Ks., has failed, and it has started a run on another National bank... The First National Bank, of which C. J. Devlin is principal stockholder, suspended by order of the Comptroller of the Currency today.
- Source
- newspapers
Newspaper Articles (24)
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Receiver Has Been Appointed. WASHINGTON, July 3.-The comptroller of the currency has appointed National Bank Examiner James Bradley, temporary receiver of the First National at Topeka.
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disturbed. The Central in Topeka and presumably the other banks there fortified themselves for the run which they are having today." Mr. Devjin was born at St. Louis fiftyfour years ago. He was in the coal business in southern Illinois for a short time, and at different times had the management of the coal properties of the Atchison, Topeka and Santa Fe railway and the Great Northern road. Declined to Make Report Now. W. H. Rossington, vice president of the First National Bank, declined to attempt to make a report of the financial condition of the bank at this time. "I have locked the books and accounts of the bank," said Mr. Rossington, "together with what cash has been carried on hand, in the vaults of the bank, pending the examination to be made by the representatives of the controller of the currency. "After the examination by the government officials a statement will be made by the controller which will be definite and comprehensive. Any statement at this time would not be complete and might be misleading. "There have been no speculations?" Mr. Rossington added. "The trouble has been brought about principally through loaning too largely to one borrower."
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DEVLIN'S BANKS ARE IN TROUBLE By Associated Press. Topeka, Kans., July 2-The First National Bank, of which C. J. Devlin is principal stochoklder, suspended by order of the Comptroler of the Currency today. A slight run occurred on the Central National Bank, of which Devlin is a stock. holder. C. J. Devlin was considered one of the wealthiest men in Kansas City, has property being estimated at seven million dollars. Owing to ill health a company was formed last Saturday to manage his holdings.
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Doubts Baltimore Story. Charles S. Gleed returned today from Kansas City, where he has been attending the meetings held by Mr. Devlin's creditors. When asked concerning the report that Mr. Devlin owes $710,000 to some Baltimore trust company, Mr. Gleed said: "This story was whispered about in the hotel lobby last night, and passed very quickly from mouth to mouth. I am very much inclined to doubt the truth of the report. It has not been confirmed." Concerning the meeting of Mr. Devlin's creditors, Mr. Gleed said: "At the meeting of Mr. Devlin's creditors and their representatives, on a committee held Sunday, to consider was appointed and report on a plan of action which would best conserve the interests of the creditors. The committee which was selected held a meeting but arrived at no conclusions which can be made public." "Will the organization of the corporation to take charge of Mr. Devlin's affairs be perfected?" "It is liable to be," replied Mr. Gleed. "The bottom fact is that everybody is suspending operations of decisive character until it is ascertained exactly the condition of the property, the liabilities and the assets. Nothing can be done until this information is obtained." Independence day affords the financial situation in Topeka another respite from the strenuous life of the past three or four days, and will undoubtedly mark the termination of the uneasiness among the people of the city who have deposits in the six Topeka banks. Depositors have regained confidence in the stability of the institutions which sustained the run of Monday with so little difficulty, and the remaining days of the week will doubtless see the return of many of the small deposits which were withdrawn from the banks on Monday. In an interview with his attorney, Clifford Histed, Mr. C. J. Devlin yesterday made this statement: "No depositor in the First National bank will lose a dollar. I will give up everything I have in the world, if necessary to make the bank pay dollar for dollar. Such a statement coming from a man of Mr. Devlin's known integrity will go a long ways toward satisfying the people who have money tied up in the First National crash. Saturday evening a meeting of a number of the leading business men was hastily called to consider the advisability of cashing First National bank checks. The merchants found that they were being flooded with checks on this bank, which the depositors had been unable to cash prior to the closing hours. The merchants decided that owing to the condition of the bank, it would not be safe to load up on such checks, and this source of relief for the depositors was shut off. Some of the clerks at Warren M. Crosby's big dry goods store had money on deposit at the State Savings
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Takes Charge of Bank. Topeka, Kans., July 5.-J. T. Bradley of Sedan, receiver of the First National bank, arrived in this city and has taken charge of the bank.
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HONEST, YET A THIEF. Another bank has come to grief by allowing itself to be looted by a man who thought himself honest. The First National Bank of Topeka, has closed its doors, never to open again, because it had loaned nearly all of its money to the one man who controlled the bank. Apparently having deposits of $1,390,000 by. its last statement and enjoying great prosperity, when the one man gets sick, the consequent uncertainty about his affairs starts a run on the bank because $1,200,000 of its funds have been loaned to him, and the bank is wrecked. We can say wrecked by a man who thought he was honest because Millionaire Devlin did not intend to wreck the bank or steal a penny and in fact tried to put up security for his loans, but, nevertheless, he appropriated to himself and his twenty-six various corporate enterprises, practically all the money placed in the bank in trust by its depositors, when he knew that every rule of safe banking and busi-
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Receiver Has Been Appointed. WASHINGTON, July 6.-The comptroller of the currency has appointed National Bank Examiner James Bradley, temporary receiver of the First National at Topeka.
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MORE DEVLIN BANKS CLOSE. Directors Did Not Wait for the Depositors' Impending Run. OTTAWA, Ill., July 5.-The Spring Valley National Bank of Spring Valley, Ill., with a capital of $50,000 and deposits of $483,000, and the First National Bank of Toluca, III., capital $100,000 and deposits $230,000, have closed. The suspension is due to the failure of the First National Bank of Topeka. Charles J. Devlin is president of both banks. Both institutions were prepared to open for business this morning, but long before the hours of opening arrived long lines of depositors were ready to withdraw their funds. The directors, dubious of the outcome, immediately posted a suspension notice. Coincident with the failure of these two banks there was filed in this county a quit claim deed dated June 20 from Charles J. Deviin and Mary A. J. Devlin to the First National Bank of Topeka to all the lands and tenements in La Salle, Putnam and Marshall counties, with the exception of the right of way of the Toluca, Marquette and Northern Railway Company and ten acres known as the Griffith land. The value placed on this property is $350,000. Charles Devlin was born and grew to manhood in Peru, this county, and at one time was a messenger boy for the United States Express Company. He promoted and managed the great mining industries of Spring Valley, and was practically the founder of that city. TOPEKA, Kan., July 5.-State Treasurer Kelly of Kansas may lose his job because of the publicity given to matters connected with Devlin's affairs and the failure of the First National Bank. Among the deposits of the bank was one of $557,000 by the State of Kansas. The law explicitly prohibits State funds being deposited in banks, providing for its keeping in the State treasury. Technically, it is charged that Kelly is an embezzler to that extent until the money is returned to the State treasury. It is shown also that Kelly has deposited $200,000 in banks in Kansas City, Kan., Wichita and Hutchinson, while the law explicitly prohibits the deposit of State funds outside of Topeka. A petition to declare Devlin a bankrupt was filed in the United States District Court to-day on behalf of Kansas City creditors. The claims of the petitioning creditors aggregate $5,000. The effect of the action in bankruptcy will be to set aside the transfers of property which have been made by Mr. Devlin recently, except the transfers of life insurance, which were made payable to Mrs. Devlin.
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THE First National Bank at Topeka, Ks., has failed, and it has started a run on another National bank, the Central, and it may likewise close its doors.
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RAILROAD NEWS. Engne 1280 came in the shops for light repair Saturday. Ansil Brown, of the master mechanic's office, was in Denver this week for a few days' vacation. Ben Brosso, a son of Engineer H. Brosso, is now employed here is a freight brakeman. Conductor E. J. Tippins has taken a month's leave of absence. He will take one of the milk train runs when he resumes work. Clint Mason, a train dispatcher, quit Saturday and left for Kansas City, where he will go to work with the Chicago and Alton road. A. C. Conyers, shop foreman, is absent on a visit at Trenton, Mo., and Fred Good is acting foreman in his absence. G. W. Kump, a truck packer, left Monday for Jennings, his old home, to spend the Fourth. He was accompanied by his wife. They will be gone a week or two and will spend a few days in Norton before returning. Y. E. Muir, a brakeman employed here for the past two years, has resigned his position and will quit railroading altogether. He will return to Belton, Mo., and visit with his parents, and then go to the Pacific coast. J. W. Boyd, a boilermaker in the shops here, was down to Topeka Friday to settle with the Rock Island for injury received while at work in an engine firebox, as reported in this paper last week. He saw the run on the First National bank at Topeka, which has suspended business on account of the usual complaint-lack of funds.
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DEVLIN'S BANKS ARE IN TROUBLE Bv Associated Press. Topeka, Kans., July 2-The First National Bank, of which C. J. Devlin is principal stochoklder, suspended by order of the Comptroler of the Currency today. A slight run occurred on the Central National Bank, of which Devlin is a stock. holder. C. J. Devlin was considered one of the wealthiest men in Kansas City, has property being estimated at seven million dollars. Owing to ill health a company was formed last Saturday to manage his holdings.
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MORE DEVLIN BANKS fail. Two Illinois Institutions Go Down in the Crash. La Salle, III., July 6.-The Spring Valley National bank closed its doors yesterday morning after a run which began Monday afternoon. The run was precipitated by reports from Topeka, Kan., regarding the condition of President Devlin's affairs. Monday afternoon the Spring Valley bank was called on for $17,000. This was followed by a run by depositors, who drew $20,000 before the bank closed. Yesterday morning the bank did not open. It. is estimated that the bank's deposits amounted to $500,000. The National Bank of Toluca also closed its doors yesterday morning. Devlin is also president of the Toluca bank. Topeka, Kas., July 6.-The affairs of the failure of the First National bank assumed a different phase yes. terday when Kansas City creditors petitioned the United States district court to declare Charles J. Devlin a bankrupt. The petition was made returnable July 20 and the effect is to prevent further attachments of Devlin's property and set aside real estate valued at $700,000 which Devlin Monday transferred to the failed bank. The action does not affect the life insurance, which is in Mrs. Devlin's name, and which she insists be left among the assets of the bank.
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SNAPSHOTS AT HOME NEWS. Chas. S. Gleed is in New York city on business. J. S. Warner and Frank Newland leave tonight for Thunder Mountain. A party of 40 school teachers is planning to go from Topeka to the Portland exposition. D. M. Howard says the best corn he has ever seen is being raised this year around Rossville. There are 3,000 depositors of the First National bank. This is said to be a close estimate. A drama in four acts will be given by M. W. A. at Lukens' opera house, July 19. Admission 25c. Peter Wall, a Topeka boy in the Philippines, has bought the Sunday Sun, a weekly paper in Manila. J. T. Bradley, receiver of the First National, has returned from a trip over Sunday to his home at Sedan. The ways and means committee and the streets and walks committee of the city council meet Friday evening. The Clyde Herald says: Joe Decker, formerly of this county, had $9,000 on deposit in the First National bank at TopeKa. The White Sox left today on a fifteen day trip. Sedalia, Leavenworth, Wichita, Guthrie and Oklahoma City will be visited. Dr. W. S. Lindsey says that the Kansas Medical college will be moved before long to a new location and the present building sold. Isn't it about time that some prosecutions for reckless automobile driving were started? There has been great hubbubs made about fast bicycle riding. County Attorney Hungate is going to Fort Scott for two weeks. He said: "Now, I don't want it reported that I am going there to investigate the joint licensing system this time." Some of the persons connected with the First National bank deny that any $100,000 or any amount near that sum has been paid out for checks turned back. They claim that the amount runs between $5,000 and $10,000. They ought to know. The largest day's business on the Vinewood line of the city railway was July 4 when 60,000 fares were collected on the line. As the conductors collect twice going out and twice coming back this meant 15,000 people went to the park during the day. Assistant City Engineer Wm. King is taking levels of Kansas avenue preparatory to submitting estimates to the city council of the cost of repaving. The levels taken include Kansas avenue from Crane street to Tenth street. The taking of the levels will be completed today. The Rossville Reporter says: W. W. Page is wearing one of the broadest smiles imaginable. Cause why? He has just thrashed and marketed his wheat from a 40-acre field and is $1,026 to the good. There were just 1,284 bushels by weight for which he received 80 cents a bushel. Mr. Page was the first farmer of this vicinity to market his wheat. With a fine large park at one end and the city of Topeka at the other the city railway ought to furnish some decent service between the two. The railway company has succeeded admirably in building a beautiful park but fails utterly to comfortably handle the crowds which go to the park. The old saying is always go away from home and get the news. The following is from the Danville (Ind.) Republican: "Chas. J. Devlin, the big man of the Topeka bank, whose gigantic operations caused a suspension of the bank with liabilities of several millions, lies stricken speechless at his home in Topeka. However, the depositors are talking enough to make up for the scarcity of words from Mr. Devlin." Secretary Anderson of the Commercial club has received another communication from President W. L. Hoff of the Interstate Schools of Cedar Rapids, Iowa, regarding the moving of the schools to Topeka. Mr. Hoff says that the schools will be moved here if
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DEVLIN FAILURE IS CAUSE OF ANOTHER BANK SUSPENSION. Kansas City, Mo., July 20.-The City National bank failed to open its doors today. The bank held paper of C. J. Devlin of Topeka to the amount of upwards of $500,000 and the failure is the direct result of the closing of the First National bank of Topeka, of which Mr. Devlin was the principal stockholder. Some time ago the comptroller of the currency at Washington instructed the officers of the City National bank to repair its capital. This was done by borrowing from a local capitalist. Following the failure of the First National bank at Topeka, the Kansas City capitalist insisted upon repayment of his loan and this demand caused the officers of the City National to decide upon closing the institution.
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SNAPSHOTS AT HOME NEWS. Two alarms inside of three minutes made it a busy place around fire headquarters yesterday. Tomorrow Alfred Benjamin $22, $20 and $18 suits at $12.50 (blacks excepted) The Palace. The police court has taken a vaca tion, as far as liquor cases are concerned, until August 8. The city engineer says that the roof of the patrol barn at police headquarters can be repaired for $291.63. Rev. Axel Anderson, formerly of Topeka, has taken charge of a Lutheran church at Missoula, Montana. Secretary George E. Lerrigo of the Y. M. C. A., will leave this evening on a vacation trip to Winona Lake, Ind. City Clerk Jackson of Fort Scott has asked City Clerk Squires for a copy of the city's waterworks ordinance. That summer resort weather is beginning to wear off again though the evenings still remain cool and comfortable. L. J. Pittijohn, receiver of the Dodge City land office, spent a few hours in the city on political business yesterday afternoon. Hart, Scheffner & Max and Alfred Benjamin & Co. $22, $20 and $18 business and outing suits tomorrow $12.50 The Palace. Charles S. Engle has a new team of carriage horses-bright bays and a very handsome team. They are colts and are being city broke. The only marriage license issued by the probate court yesterday was to E. R. Kyler and Sarah J. Jones, both claiming Topeka as a residence. J. C. Scott, former representative of Scott county, was in town a few hours Thursday turning out big stories of the prosperity of western Kansas. A. neighborhood row in which a cur dog Bingo plays the leading role was aired in Judge McCabe's court Thursday. The judge has the case under advisement. A well known Topeka financial expert has it figured out that the depositors in the defunct First National bank will receive about 35 cents on the dollar. Most of the Union Pacific trains between Kansas City and Topeka have been delayed the past few days on account of soft track caused by the heavy rains. W. J. Dickie of the Jensen Manufacturing company will leave Monday for the Pacific coast to establish agencies of the company along the coast and in the western states. He will be absent six weeks. The Topeka Negro Business Men's league is making an effort to secure the national meeting of the club for Topeka next year. Governor Hoch, Mayor Davis and the Commercial club has been asked to co-operate. What has become of the kite flying boy? A few years ago there wasn't a telephone post in town or a telegraph wire but what had its full quota of wrecked kites hanging dangling down. You very seldom see one now. The fact that the Commercial club has $850 of its funds tied up in the First National bank failure has hampered somewhat the plans for the trade train which it is expected will be sent out in September. The train will not be given up. J. W. Kraemer was granted an order by the court yesterday preventing Carlos W. Jones and wife from removing certain household goods from the state until a certain note given by Jones and endorsed by Kraemer is paid. Labor Day this year falls on September 4th. The local labor unions are planning the usual celebration of a parade and pienic. Committees from the various members of the Trade and Labor council will meet next week to arrange for the details. H. P. Dillon who recently bought a new automobile has exhausted the novelty of motoring already and says riding about town in a touring car is no better sport than riding on a merrygo-round, the distances are so short. We were out for an hour the other day," he says, "and went all over Shawnee county. An effort will be made to bring the next convention of the National Negro Business Men's league to Topeka. It convenes this year in New York. Fifteen members of the league in Topeka will leave soon for New York in an endeavor to secure the 1906 meeting for Topeka. John M. Wright is on the programme for a paper upon "Fraternal and Industrial Insurance." The question of leasing the fair grounds by the city for park purposes is again being agitated. The county commissioners are thinking seriously of cutting it up into lots and disposing of it when the lease of the fair association expires. The lease has seven years yet to run. The plan is for the city to lease the grounds after the association turns back the place to the county commissioners, with an agreement to purchase within thirty years. To go down East Fourth street you would think that the middle of the street and the car tracks were never used. Grass from three to four inches tall has taken root between the crevices in the paving and lines the whole length of the center of the street and car tracks from Quincy street to the Santa Fe depot. The effect is hardly an inviting one. It looks as if the town had gone to sleep and was not doing enough business to keep the grass worn
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Must Reimburse Kansas. Gov. Hoch of Kansas announced that the Title Guarantee and Trust Company of Scranton, Pa., would have to reimburse the State for money deposited in the suspended First National Bank in Topeka.
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DOUBTFUL ASSETS, $1,222,435. Receiver of the First National Bank of Topeka Makes His Fist Report. Washington, Aug. 6.-The comptroller of the currency has received the first report of the receiver of the First National Bank of Topeka, Kan., which closed its doors on July 3, 1905, as a result of the Devlin loans. The re-
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Stockholders Must Pay. TOPEKA, Kan.-The stockholders of the First National bank will be assessed the full amount of their holdings August 7, according to Receiver Bradley.
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cago today, was before his failure in July last generally credited with being one of the wealthiest men in Kansas. He was at the head of twenty-six different companies, coal mining enterprises and mercantile establishments in Kansas, Missouri, Illinois and other states. For many years he was one of the most active business men in the southwest. His wealth consisted largely in coal mining properties in southern Kansas, in the vicinity of Marceline, Mo., and in Illinois. They included the Mount Carmel coal mines, the Toluca coal mines, the Marquette third vein mines, the Devlin Coal company, the Devlin-Miller Coal company and the Southwestern Fuel company. As the result of overwork Mr. Devlin collapsed last summer and while papers were being drawn up at Kansas City to form a corporation intended to take over and manage his various enterprises the First National bank, of which he was the principal stockholder, failed, owing the depositors over $1,000,000. The bank owed the state of Kansas over $500,000, the city of Topeka $40,000 and various banks and concerns several hundred thousand dollars additional. The bank was found to hold close to $1,000,000 of Devlin paper, nad its failure caused runs on several Topeka banks and caused the failure of one Kansas City bank that held his paper. The failure of the First National bank of Topeka put a stop to the incorporation of Devlin's properties and instead Devlin went into bankruptcy. The report of the Devlin receivers made on October 19, placed his liabilities at $5,631,000. Two months ago Mr. Devlin went to Europe for his health, and only recently returned to New York. When he died at Chicago he was on his way to his home at Topeka. Carried Heavy Burden. Mr. Devlin tried to carry too heavy a load of business cares, and in handling his big deals, was obliged to borrow heavily. The First National bank was made to shoulder the burden of this "Devlin paper" and when it became known that Mr. Devlin was sick and his affairs in bad shape, the bank was threatened with a run. It failed to open for business on Monday, July 3. Then followed bankruptcy proceedings and receiverships. Prominent in Coal. Mr. Devlin, who was prominent among men engaged in coal mining or managing mines, was born in St. Louis 52 years ago, of Irish parentage. While yet a child his parents moved to La Salle county, Ill. He received a thoroough education at the academy of the Vinenhian Brothers at Peru, III., and so rapid was his progress that while yet little more than a child, he was installed in the offices of the Union Coal company. After a few years, so indispensable had he become to his employers that a block of stock appeared to his credit upon the books of the company. -
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City to form a corporation intended to take over and manage his enterprises, the First National Bank, at Topeka, of which he was the principal stockholder, failed. The bank was found to hold close to $1,000,000 of Devlin paper, and its failure caused runs on several Topeka banks and the failure of one Kansas City bank that held his paper. Devlin then went into bankruptcy. The report of the Devlin receivers made on October 19 placed his liabilities at $5,631,000.
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Depositors who suffered through the closing of the doors of the First National Bank of Topeka, Kansas, are to receive a dividend of 55 per cent within the next ten days. It is made possible by the life insurance policies turned over to the receiver by the Devlin estate. To pay out in full the receiver will have to raise $700,000 more. It is believed he will secure about half that amount. The chief depositor is the state of Kansas, the amount of state funds in the bank at its failure being over $500,000.
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IT'S HERE AT LAST First National Dividend No Longer a Myth. Becomes Reality When Checks Arrive Today. READY FOR MONDAY. Distribution Will Commence at 9 O'clock. Over Eight Hundred Thousand Dollars in Checks. SOME ARE LEFT OUT. Three Hundred Depositors Who Failed to Prove Claims. Check No. 1 Wlil Go to Eliza W. Bowman. The money for the first dividend, 55 per cent of the defunct First National bank, was réceived today by express at 10:10 o'clock. The amount represented in signed checks is $801,288.58 and is to be divided among 1,300 depositors of the bank. The receiver will commence issuing the checks at 9 o'clock Monday morning from the office of the receiver in the Real Estate building at the corner of Seventh and Jackson streets. The first to come will be the first served, no other form of paying out will be observed. Receiver J. T. Bradley is out of the city and will not return until Monday and his office force, Walter Niedner and John Morrisey, assumed the responsibility of taking charge of the nearly one million dollars worth of checks which came in a leather covered casket. The checks were filled out here in Topeka about two weeks since and were then shipped east to Washington to be signed by J. P. Kane, deputy comptroller of the currency. They had to be figured over again there by the clerical force in Washington for verification. But happy to state there was no error found. Upon the special request of Receiver Bradley that the work be hastened in Washington as speedily as possible, the work was rushed through instead of waiting the usual routine. The 55 per cent dividend was first announced on Christmas morning but it was delayed from time to time by the difficulty attending the collection of all of the insurance money. The $801,000 of money does not represent the total 55 per cent dividend but simply represents the amount of the claims of the depositors which have been proved up. There are about 300 deposi tors who still have failed to prove up their claims. The checks will be issued only to those of the depositors who hold receiver's certificates. Those who do not possess such certificates will have to present their pass books at the office Monday and certificates will be issued on their presentation. The checks are not on any national bank but upon the United States treasurer. They can be presented for payment at any bank in the city and will be honored just the same as any other form of check. That the flood of money which will be turned loose will be hailed with great glee by depositor and the business men of the town alike is only putting it mildly. The merchants have been waiting for this sort of thing for several months and the depositors will feel again the well filled pocket book. Check number one belongs to Eliza W. Bowman while check 1300 is the property of Martha Hackney. The payment, however, will be made to the one who first gets there. The First National bank went into the hands of a receiver on Monday morning, July 3rd.
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Rock Island passenger train. A Fortune From England.-Mrs. K. A. Bathurst of Horton is in receipt of intelligence that she is one of the heirs to a big estate in England and that her share will be $120,000. It is said the matter is now all settled and that the money will be forthcoming within a month. Cuts the Internal Revenue.-Because of the crusade of Attorney General Jackson against the breweries the internal revenue receipts for Kansas. according to Collector James Simpson. are $1.000 less for the month of July this year. than they were in July. 1906. The big per cent of this $1.000 decrease is ascribed to Kansas City, Kas. Plaintiffs Attach Brewery Property. -The supreme court has permitted Emma Bair and Martha Smith to file attachment claims on property of the Val Blatz Brewing Company in this state. subject to the receivers. These women sued the Val Blatz and other brewing companies for damages over a murder which took place in a North Topeka drinking resort. Receivers Got $3.750.-The Anheuser-Busch Brewing Company has surrendered completely to the ouster action brought against it by the attor ney general by paying up full costs assessed against it. summing up a tot al of $3,977.08. Of this sum, the three receivers got jointly $3,750. The expenses were $100: depositions, $107.98: sheriff fees, $2.70; court costs $16.40. Last Dividend Paid.-The checks for the payment of the last dividend of 12 per cent to the depositors of the First National bank at Topeka, which failed in the Devlin crash. have been filled out and forwarded to the comp. troiler at Washington. He will in spect and sign the checks and return them to Topeka. The money will probably be available within a few days. G. A. R. has a Grievance.-The G A. R. of Kansas has filed a complaint before the interstate commerce commission alleging discrimination against the rates granted them to Saratoga for the national encampment and in favor of the Jamestown rates. Not enough stopover privileges. it is alleged. are granted while the Jamestown trip is favored in that manner. Nebraska joined the Kansas complaint. Fifty Counties Crimeless. - Fifty counties in Kansas sent no prisoners to the state penitentiary during the past fiscal year. according to the report of expenses for the conveyance of prisoners to Lansing. The total cost per diem for expenses. guards and board of prisoners was $4,700. A total of 207 prisoners were sent to the penitentiary during the year. Wyandotte had the largest number, twenty; Montgomery was next with fifteen; Geary third with ten. Gift Larger than She Knew.-Mrs. Fanny Murray, of Lancaster, Atchison county, died three years ago. leaving/a lot in Can Diego, Cal., and two lots in Middleton. Cal., to the Women's Home Missionary Society of the Kansas conference of the Methodist Episcopal church and to the Women's Foreign Missionary society of the Methodist Fpiscopal church of New York. At the time of her death the lot in San Diego was believed to be worth about $3,000, but it sold last week for $20,000. Harvester Wore Low Shoes.-Jack Kyle, a St. Louis clerk, wore loose, low shoes while at work in the harvest fields in Kansas recently. His feet became badly blistered and bruised from striking the stubble. After working a week his right foot became swollen and blood poisoning set in. He is now at the Topeka Provident Association' hospital and the doctors fear his leg may have to be amputated. State Loans Money.-The state of Kansas has loaned $971.000 to banks of the state under the depository system. The highest rate of interest offered was 3½ per cent, by the Northup National bank, of Iola. Seventyseven banks bid for the money. It was given to thirty. The Commercial National bank of Kansas City, and