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Asked to Close Up Shop. CHICAGO, Jan. 26. - State Attorney Longnecker has filed an information to forfeit the charter of the Chicago Trust and Savings bank, and for the appointment of a receiver, on the ground that it has violated its charter by charging usurous interest, engaging in outside ventures and watering its stock.
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CHICAGO, Jan. 25.-State's Attorney Longenecker, in behalf of the people of the state of Illinois, filed an information in the circuit court this morning the forfeit of the charter of the Chicago Trust and Savings bank, and for the appointment of a receiver, on the grounds that it has violated its charter by charging vsurious interest, by engaging in outside ventures and by watering its stock.
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Bank in Trouble. CHICAGO, Jan. 27.-State's Attorney Longenecker, in behalf of the people of the Sate of Illinois, filed an informa tion in the Circuit court this morning to forfeit the charter of the Chicago Trust and Savings bank and for the appointment of a receiver for the institution. M. Tolman, the president, is accused of conspiracy in charging illegal rates of interest and various other violations of the law.
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Bank In Trouble. CHICAGO, Jan. 25.-State's Attorney Longenecker, in behalf of the people of the Sate of Illinois, filed an information in the Circuit court this morning to forfeit the charter of the Chicago Trust and Savings bank and for the appointment of a receiver for the institution. M. Tolman, the president, is accused of conspiracy in charging illegal rates of interest and various other violations of the law.
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Bank in Trouble. CHICAGO. Jan. 27.-State's Attorney Longenecker, in behalf of the people of the Sate of Illinois, filed an information in the Circuit court this morning to forfeit the charter of the Chicago Trust and Savings bank and for the appointment of a receiver for the institution. M. Tolman, the president, is accused of conspiracy in charging illegal rates of interest and various other violations of the law.
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CHARGES AGAINST TOLMAN. Trustees Allege Tolman Misappropriated the Bank's Funds. CHICAGO, Dec. 5.-William M. Robertson is in possession of the Chicago Trust & Savings bank as receiver. He was appointed by Judge Horton late this evening in a chancery proceeding begun by the bank against Daniel H. Tolman, president of the institution. This action was the outcome of a regular meeting of the board of directors held at the office today, at which a set of resolu. tions were adopted charging Tolman with mismanagement, converting and misappropriating large sums of money belonging to the bank by transferring thereto large amounts of commercial paper that was uncollectible and using the money of the bank to further his individual interests.
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A Bank Ruined by Its President. CHICAGO, Dec. 5.-Judge Horton this evening appointed William M. Robertson receiver for the Chicago Trust and Savings Bank. His appointment was the result of proceedings in chancery against Daniel H. Tolman. President of the institution. This action was the outcome of the regular meeting of the Board of Directors held to-day. at which resolutions were adopted charging Tolman with mismanagement and converting and misappropriating large sums of money belonging to the bank.
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Receiver for n Chicago Bank. CHICAGO, Dec. 7.-William M. Robertson was appointed receiver of the Chicago Trust and Savings bank during the afternoon. This action was the outcome of a regular meeting of the board of directors. The directors passed a resolution declaring that Daniel H. Tolman, the president, has mismanaged the affairs of the bank and converted large sums of money belonging to the bank by transferring large amounts of commercial paper that was uncollectable and using the money of the bank to further his individual interests.
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Receiver for A Chicago Bank. CHICAGO, Dec. 8.-William M. Robertson was appointed receiver of the Chicago Trust and Savings bank during the afternoon. This action was the outcome of a regular meeting of the board of directors. The directors passed a resolution declaring that Daniel H. Tolman. the president. has mismanaged the affairs of the bank and converted large sums of money belonging to the bank by transferring large amounts of commercial paper that was uncollectable and using the money of the bank to further his individual interests.
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WEST AND SOUTH. A RECEIVER was named for the Chicago trust and savings bank. THE oldest lady in New Orleans (Mrs. Lydia Rezau) died at her home, aged nearly 102 years. She witnessed Washington's funeral. FIRE destroyed the Southern female university at Birmingham, Ala., and Minnie Dean was fatally burned and several other girls were seriously injured. IN the navy yards at Norfolk, Va., fire did damage of nearly $300,000. It originated in cotton waste. FIRE destroyed the stables and barns of the Consolidated Street Traction Railway company in Dallas, Tex., together with thirty cars and sixty mules. Some 700 families applied to the township authorities at Springfield, C, for aid