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national
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MAXWELL MAILS REPORT. But Tells Public Nothing Concerning Condition of Defunct Vancouver Bank. VANCOUVER, Wash., May 8.-Bank Examiner J. W. Maxwell, now temporary receiver of the defunct First National Bank of Vancouver, malled his report on the condition of the bank to the controller of the currency today. No inkling of the actual condition of the bank's affairs or the nature of his report has reached the ears of the public.
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SOME WERE CAUGHT. It would, indeed, have been remarkable had not some of the banks of the country been caught in the maelstrom of last week through the mistaken notion of their officials that they were safe in using the funds entrusted to them for the purpose of increasing their private fortunes by taking a "flyer" on the exchange. Since the excitement has aied out seven officials of national banks have been found out as having "gone wrong," according to reports from Washington. While all the details have not been learned as to what the officials did with the money they took, it is the opinion at the office of the comptroller of the currency that in every case speculation in some form is responsible* for the shortage. Four of the banks have been compelled to suspend. With the exception of one case, all the defalcations came to light while the bull boom in stocks was on, when many of the speculators were making money and apparently believing that there was no end to the advance in prices. The comptroiler's office believes that others will be heard of, cases where some of the officers or employes of the banks used funds illegally. The affected banks are scattered over a large area of the country, showing that the fever for suddenly getting rich was not peculiar to any one section. As shown by the figures obtainable the total of the seven shortages is $438,000. Of this shortage the largest amount IS charged up to the Farmers' National bank of Vergennes, Vermont, which is reported to have a discrepancy of $150,000. Away up in Washington state a bank, the First National of Vancouver, is behind $81,000. Of course, none of the men responsible for the shortages intended to steal the money. They expected to use it for a few days only, until they could unload, and then make good without anybody knowing the least concerning the transaction. They were simply weak men, who could not resist the temptation to gamble, a weakness with which many Americans, unfortunately, are affected, and who are every ready to grasp at the illusive opportunities presented on the stock exchanges to suddenly and easily grow wealthy, not having the patience or ability to accumulate riches in the legitimate way.
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GET THEIR MONEY BACK. By Associated Press: Van Couver, Wash., June 20.-A dividend of 50 per cent has been declared by Receiver Maxwell in favor of the depositors of the First National bank of Vancouver.
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Vancouver Receiver. VANCOUVER, Wash., July 10.-It is understood that Comptroller Dawes will this week appoint Dr. A. B. Eastham permanent receiver of the insolvent First National Bank of Vancouver. Dr. Eastham is a resident of this city.
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A RECEIVER APPOINTED. One Named for the Insolvent National Bank at Vancouver, The Comptroller of the Currency has appointed Dr. A. B. Eastham. of Vancouver, Wash., permanent receiver of the insolvent First National Bank of that city. This is the bank whose president and cashier recently committed suicide. The affairs of the bank have recently been temporarily in the hands of Bank Examiner Maxwell.
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A Permanent Receiver Named. The Comptroller of the Currency yesterday appointed Dr. A. B. Eastham, of Vancouver, Wash., permanent receiver of the insolvent First National Bank of that city. The president and cashier of this bark recently committed suicide. since which time the affairs of the institution have been in the hands of Bank Examiner Maxwell, temporarily.
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Receiver Is Appointed. Washington, D. C., July 18.-The Comptroller of the Currency has appointed Dr. A. B. Eastham of Vancouver, Washington, permanent receiver of the insolvent First National Bank of that city. This is the bank the president and cashier of which recently committed suicide.
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The proved claims of the First National Bank of Vancouver affected by the declaration of a 50 per cent dividend aggregate $213,558. Temporary Receiver Maxwell will be succeeded, on August 15, by A. B. Eastham, of Vancouver, who has been appointed permanent receiver, and will wind up the bank's affairs.
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BOY ACCIDENTALLY KILLED. VANCOUVER, Aug. 24.-Jocelyn Canby, 12 years cld, son of the late E. L. Canby, who was cashier of the suspended First National bank, was accidentally shot and killed today by a boy who was shooting at a target.
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# Boy Was Shot. Vancouver, Wash., Aug. 26.-Jerelyn Canby, 12 year old son of Mrs. E. L. Canby, widow of the late E. L. Canby, who was the cashier of the suspended First National bank, was shot and killed accidentally by a boy wha was firing at a target.
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Boy Was Shot. Vancouver, Wash., Aug. 26.-Jerelyn Canby, 12 year old son of Mrs. E. L. Canby, widow of the late E. L. Canby, who was the cashier of the suspended First National bank, was shot and killed accidentally by a boy wha was firing at a target.
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Boy Was Shot. Vancouver, Wash., Aug. 26.-Jerelyn Canby, 12 year old son of Mrs. E. L. Canby, widow of the late E. L. Canby, who was the cashier of the suspended First National bank, was shot and killed accidentally by a boy wha was firing at a target.
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Boy Was Shot. Vancouver, Wash., Aug. 26. Jerelyn Canby, 12 year old son of Mrs. E. L Canby, widow of the late E. L Camby, who was the cashier of the suspended First National bank. was shot and killed accidentally by a boy wha was firing at a target.
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Boy Was Shot. Vancouver, Wash., Aug. 26.-Jerelyn Canby, 12 year old son of Mrs. E. L. Canby, widow of the late E.L. Canby, who was the cashier of the suspended First National bank, was shot and killed accidentally by a boy wha was firing at a target.
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Boy Was Shot. Vancouver, Wash., Aug. 26.-Jerelyn Canby, 12 year old son of Mrs. E. L. Canby, widow of the late E. L. Canby, who was the cashier of the suspended First National bank, was shot and killed accidentally by a boy wha was firing at a target.
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# Boy Was Shot. Vancouver, Wash., Aug. 26.-Jerelyn Canby, 12 year old son of Mrs. E. L. Canby, widow of the late E. L. Canby, who was the cashier of the suspended First National bank, was shot and killed accidentally by a boy wha was firing at a target.
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New Bank for Vancouver. Arrangements are being made for the organization of a National Bank in Vancouver, Wash., to take the place of the First National Bank, which suspended last April. The preliminaries have been arranged and application has been made to the Controller of Currency for authority to establish the new bank. The new bank is to be known as the National Bank of Vancouver. The capital stock will be $50,000.
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New Bank for Vancouver. Arrangements are being made for the organization of a National Bank in Vancouver, Wash., to take the place of the First National Bank, which suspended last April. The preliminaries have been arranged and application has been made to the Controller of Currency for authority to establish the new bank. The new bank is to be known as the National Bank of Vancouver. The capital stock will be $50,000.
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Defunct Bank Paying Depositors. Vancouver, Wash., Jan. 18.-Receiver A. B. Eastham of the suspended First National bank of Vancouver commenced paying depositors today the second dividend declared since the bank's failure last May. The dividend amounts to 25 per cent. The first dividend paid was 50 per cent, thus leaving but 25 per cent of the deposits unpaid,
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LEVIED AN ASSESSMENT. VANCOUVER, Wash., April 23.-Receiver Eastham. of the First National Bank, which suspended a year ago, has received notice from the controller of currency stating an assessment of 60 per cent has been levied upon the stockholders. It is estimated that the amount raised by assessment will be sufficient with remaining assets of the bank to make up a deficit of 25 per cent still due depositors with interest and pay other creditors.
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DIVIDEND FOR DEPOSITORS. Vancouver. Wash.. Aug. 13.-Receiver Eastman of the First National bank today announced that' he would declare a 15 per cent dividend to the depositors. This will make a total of 90 per cent declared in dividends, and the receiver believes that 100 cents on the dollar will be paid within a short time.