First National Bank (Brattleboro, VT)

Episode Information

Episode UID
47000966
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
4700 national
Charter Number
470
Start Date
June 16, 1880
Location
Brattleboro, Vermont (42.851, -72.558)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0bb05ce2027200cf

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1880-06-19
Date receivership terminated
1885-10-12
OCC cause of failure
Fraud
Share of assets assessed as good
14.6%
Share of assets assessed as worthless
85.4%

Description

President Silas M. Waite absconded; investigation revealed large deficiencies and alleged forgeries.

Events (4)

1. June 30, 1864 Chartered
Source
historical_nic
2. June 16, 1880 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Insolvency from poor investments, large deficiencies and alleged forgeries; president Silas Waite missing/absconded.
Newspaper Excerpt
The First National Bank is insolvent and the President is missing.
Source
newspapers
3. June 19, 1880 Receivership
Source
historical_nic
4. June 19, 1880 Receivership
Newspaper Excerpt
Notice is hereby given ... claims against The First National Bank of Brattleboro ... presented to LINUS M. PRICE, Receiver ... June 19th, 1880.
Source
newspapers

Newspaper Articles (17)

Article from The Middlebury Register, June 18, 1880

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STATE ITEMS A child living in Irasburg has a mother 15 years old and a grandmother 31 years old. Frank McDonald, a little boy of Winooski, was drowned in that place last Saturday afternoon. Mrs. Baker, a Waterbury widow of 80, fell and broke her hip, while walking across the room, Thursday, and will die of the injury. The general conference of the Congregational churches of the State, at Chester, has chosen as president Hon. John B. Page of Rutland; vice president, Rev. L. H. Elliott of Bradford. Charles Gater of Peacham and Harvey Morse of South Danville disputed about. a horse trade, involving not more than $25, and a suit ensued which has resulted in the curious double verdict of $10 for the plaintiff and $15 for the defendant, after costing the litigants and the State each $500. There is great excitement over the reported insolvency of the First National bank of Brattleboro, whose capital is $300,000, surplus $60,000.. The bank's affairs will be investigated. The bank has sued its president, Silas Waite, for $200,000 damages. Waite left for parts unknown on Thursday. The bank's deficiency may reach $100,000. The losses are largely due to poor investments. The St. Albans Messenger says the farmers of Fairfax and Georgia have become much alarmed at a disease that has broken out among the cattle of several herds in North Fairfax. The symptoms are first, signs of weakness, drooping; then violent trembling and 'diffit culty of breathing, swelling of the throat, followed by a mucous discharge from the mouth and nose-and death. A vicious cow belonging to J. James, i near Alburgh Springs, dangerously inI jured a little grandson of Mrs. Richardson, at that place, the 9th instant. The e cow was turned into the road to bait, I and as the boy attempted to pass she caught him on her horns and carried him some distance, running one horn r through his leg below the thigh, while the other entered his groin and abdomen. It is thought the child cannot live.


Article from National Republican, June 22, 1880

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The Broken Brattleboro Bank. BRATTLEBORO, VT., June 21.-Mr. Linus M. Price arrived from Washington, D. C., to-day to take the temporary receivership of the First National bank. He expects to conclude his business in three months, when a permanent receiver will be appointed. Nothing is yet known as to Waite's whereabouts. H. C. Willard, a druggist and one of the bank directors, filed a petition in bankruptcy to-day.


Article from Butler Citizen, June 23, 1880

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A National Bank Suspension. BRATTLEBORO, VT., June 16.-The First National Bank is insolvent and the President is missing. Poor investments is partially the cause of the de= ficiency, which will probably reach $100,000. It is believed that the investigation of the bank's affairs will reveal astounding forgeries and that even as large syms as $200,000 in forged paper will be brought to light, bearing the names of the most prominent men in this and other States. President Waite was last heard from in Portland, Me., where he is supposed to have sailed for Europe, though his relatives fear from the tone of the latest advices that he has committed suicide. A receiver will have charge of the bank to-day. -Four hundred thousand dollars is the reported loss of the syspended First National Bank of Newark, and still the directors profess not to know where the money went. If they tell the truth it may be impossible to send them to jail; but they would not be out of place in an asylum for idiots,


Article from Vermont Phœnix, June 25, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY, WASHINGTON, June 19th, 1880. Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26-38 Comptroller of the Currency.


Article from Vermont Phœnix, July 23, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY, WASHINGTON, June 19th, 1880. Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26-38 Comptroller of the Currency.


Article from Vermont Phœnix, August 6, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY, WASHINGTON, June 19th, 1880. Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26-38 Comptroller of the Currency.


Article from Litchfield Enquirer, August 12, 1880

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The Litchfield Enquirer, LITCHFIELD, CONN. Thursday, Aug. 12, 1880. The wheat reports continue excellent. Mr. Gladstone's health is very much im. proved. The Vermont Democratic outrage turns out a boar." There was not even a shred of truth to base it upon. Prof. Mommsen the sixth volume of this history of Rome burnt with his library. It was just ready for the press. The Buffalo Presbytery have suspended Rev. E. P. Adams for denying the doctrine of eternal punishment. Tramps multiply on us again. They pretend to mend umbrellas, grind hand-organs, or otherwise impose on the public. Dwight Marcy, Speaker of the House of Representatives, is proposed by the Republicans of Tolland county as a successor to Gen. Hawley in the national House of Representatives. Early rising is said to be the fashion now with Parisian ladies. We hope the American belles who are so ready to copy Paris for the worse, will not forget to imitate her in this instance for the better. To complicate things still further, there is an -Masouic candidate for the presidency. Gen. John W. Phelps, of Brattleboro, Vt., is the man, and he firmly announces that all the political corruption in the country is due to Masonry. The latest census reports put the total pop. ulation of the country at a little over fortynine millions. New York has the largest population of any state; Pennsylvania ranks next and the third place is contested by Ohio and Illinois. Republican bull-dozers have been breaking up a temperance convention at Augusta. Me. A similar performance by Democrats at Augusta, Ga, would have been very loudly censured in Republican journals, The overwhelming success of moderate republicanism in the French local elections of the 1st inst,, is a very reassuring symptom. The rural voter in France has no notions favoring another social upset. That of 1789 gave him his little farm, and he is satisfied, Southern census reports, 80 far as published, do not bear out the notion that the next appointment of the members of Congress will largely reduce the political strength of that section. The rate of gain there, 80 far, is twenty-five per cent, fully equal to that of the North as a whole. A Hartford inventor has nearly finished a road carriage, to be propelled by compressed air. The compact machinery is under the rear axle, a reservoit holds enough air for a run of many miles, and the steering 18 simply done. Ex. How completely such an invention would revolutionize the livery business! The Springfield Republican suggests that Gen. Grant makes a great blunder in accepting the presidency of any mining company. The chances of failure greatly exceed the chances of success, and the failure of any such enterprise is almost sure to be followed by injury to, if not loss of, reputation. Congressman Tyler, a director in the broken First National Bank of Brattleboro, Vt., has been havinga rather anxious session with the stockholders of that very unhealthy fi nancial concern. His defence is the poor old defence of abused confidence, followed by ig. norance and inattention. Great Britain supports a general for each 222 of her other soldiers. Mighty few of this regiment of generals, however, is worth any thing for active operations. In au army which has seen little serious fighting for twenty. five years, the men who are fit to lead large commands are very hard to find. The attempt to reconcile the Democratic readjusters and debt-payers of Virginia has failed, and now the war is to be fought to the knife. Northern Republicans would naturally sympathize with those who favor an honest payment of the State debt, but Virginia Republicans combine with the readjusters, an alliance that seems more politic than holy. There was a great serenade to Garfield at New York on Friday evening. Addresses were made by Messrs. Garfield and Arthur, Gen. Logan, and others. Among those pres. ent from Connecticut were Marshall Jewell, Frederick Miles, Sabin M. Sayles, N. T. Sper ry, Albert S. Bolles and Joseph Selden. Boston proposes to have a grand celebration at the two hundred and fiftieth anniversary of the founding of the city. One of their plans is to invite both candidates for the presidency and have them ride in the same barouche in the procession. There has been a serious fall from the path of rectitude on the part of a distinguished Methodist preacher-the Rev. Philip Krohn D. D., pastor of a church in West Troy. He is involved in a financial scandal connected with the loss of certain bonds and obtaining money from a friend on misrepresentation. The Spanish right of search of vessels is based on an old treaty of 1795 which provides that either nation shall be allowed that privi lege in case of war or insurrection. Thi


Article from Vermont Phœnix, August 20, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY, WASHINGTON, June 19th, 1880. } Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26-38 Comptroller of the Currency.


Article from Vermont Phœnix, September 3, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY, WASHINGTON, June 19th, 1880. } Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26-38 Comptroller of the Currency.


Article from New-York Tribune, September 8, 1880

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DIMINISHED VOTE IN brattleboro. Brattleboro, Vt., Sept. 7.-Notwithstanding the hard campaign work, the returns show that 300 less votes were polled than were on a check list, and the Republican majority falls off six from four years ago, Farnham receiving 946, Phelps 290, a gain of twenty-one for the Republicans and twenty-six for the Democrats. Tyler, candidate for Congress from the Ild District, and a director of the ruined First National Bank. received 651 votes as against upwards of 900 in 1876. Tyler's vote in the country IS materially increased over two years ago, though he runs behind his ticket in every town.


Article from Vermont Phœnix, September 10, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY, WASHINGTON, June 19th, 1880. Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26.38 Comptroller of the Currency.


Article from Vermont Phœnix, September 17, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY,) WASHINGTON, June 19th, 1880. Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26-38 Comptroller of the Currency.


Article from The Cheyenne Daily Leader, September 23, 1880

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8 BRIEF TELEGRAMN. New York: Donald McKay. the well known ship builder is dead. e Denver: Hon. Emery A. Storrs arrived here last hight and will make a speech to-night. St. Louis: The republicans of the second congressional district nominated ) M. A. Rosenblatt. Cincinnati: Only $50,000 more to raise for the art museum fund, which now amounts to $250,000. Milwaukee: The democrats of the $ second district nominated J. C. Gregory, of Madison, for congress. Norristown, N.J.: The democrats of the fifth congressional district nominated Augustus W. Cutler for congress. Montgomery, Ala.: The republicans of the seventh district nominated exState Treasurer Arthur Bingham for congress. Denver: At Las Vegas this afternoon Samuel Matthews, while under the influence of liquor,killed his girl and committed suicide. No cause is assigned. Washington: The first order for silver certificates, based on gold deposit in New York, was received by the United States treasurer to-day. It was for $25,000. Memphis: The city is jubilant, and having a grand holiday to celebrate its continued good health. Many people from the outside, including the governor and other notables, were present. Shurburn, N. Y.: Whalen's brick block, Medbury's hotel, Congregational church, C. H. Reynold's grocery, and half a dozen other minor buildings, were burned to-day. Loss $30,000; insured for $26,000. Brattleboro: The telegram announcing the arrest at Omaha of the defaulter, S. M. Waite, late president of the First national bank of this place, e created an excitement only equalled by the first news of his defaulcation and flight last June. Wm. E. Waite, son of the defaulter, said to-night: "If father is brought back here others will have to be punished for complicity.


Article from Vermont Phœnix, September 24, 1880

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AND RECORD AND FARMER. FRIDAY, SEPTEMBER 24, 1880. WINDHAM COU telling him they would, he said he wished he ranks and surmise, and much of this has been telehad run. The officers waited for two hours September To if mended graphed to the city press. All of this is gosARREST OF SILAS M. WAITE. at the house, after the arrest, for the return of election Fayette W. Knapp vs. sip and conjecture, however, and would better an action on the case to of the Buck family when they returned, have been left unsaid. It is announced that Maine. account of injuries recei Waite was allowed an interview with his He is Apprehended at Omaha, Neb., W. E. Waite, son of the criminal, denies that insufficiency of a highw and Brought Home for Trial. sister-in-law. They then went to a hotel, and Survives he has seen his father since his flight, or the plaintiff tended to si left for the East at 4 P. M. the same afternoon. known anything of his operations. It is also ing of October 19, 1878, The Work of the Detectives. the for A very surprising and suspicious developsaid that he affirms that his (young Waite's) his horse and buggy thro ment which Mr. Shields unearthed at Omaha in in the village of Willian heresy recent alleged purchase of a cattle ranch was forward wheels of his by is the fact that for a year and a half past Mr. of sections bona fide, and was accomplished by the aid of THE FULL PARTICULARS OF HIS CAPTURE AND end of the pole to a la Buck has been receiving large sums of monof these his uncle, Truman Buck. The belief among THE MEASURES WHICH LED TO IT. throwing plaintiff out up the sucey from the East. This money amounts in by our people, however, that young Waite has ducing a partial dislocati The fact of the arrest of Silas M. Waite, all to $200,000 been invested in railrebeen in communication with his father, and specie otherwise injuring him. the fugitive president and cashier of the First road sceurities and county bonds. These seThose has seen him on both of his trips to the west, wagon, owned by the tea National bank, first became known in this curities now lie in the First National bank of imdecided stood partly in the higl is fixed and unshaken. With regard to the been suffered to remair village. on Wednesday morning, when the a such Omaha, in Mr. Buck's name. About home large sums of money said to have been sent weeks. That children f news was contained in a brief press dispatch Mr. Buck is reputed to be worth only some of west to Waite, we have now no reliable inforprice the pole, turning it one published in the Rutland Herald. The $15,000 to $20,000. When Mr. Shields inmortgages. mation, beyond the fact that the sum of $2000 and sometimes leaving i Springfield and Boston papers of that mornformed the Omaha bank officials of Waite's cirmoney has recently been raised on the homestead in over a portion of the ing had despatches the same in substance as crimes, and of the facts which he had ascerno are highway. That on this this illage by mortgage. that contained in the Herald, but no particuturned, and, being a v tained, they replied that that accounted for those who Mr. Waite returns as a criminal under the lars of the arrest were known until the arrival plaintiff could not see th the large sums of money which Buck had men United States laws, and will undoubtedly be cent., to avoid running into it, of the New York Times by the White Mounto been receiving. Mr. Buck is a manof Southtried in the United States courts. It is undercanpay plenty of room beyond, tain express in the afternoon. The first deern birth and of intense rebel sympathies. Constood, however, that the grand jury at the wide. That plaintiff w tailed intelligence of Waite's arrest appears In 1875 to 1878 he was deputy county treasthe mbraced from labor for two or th present term of our Windham county court to have been given to the public through a urer at Omaha and ran for the office of treasarm was still partially were found indictments against him under our they special dispatch to the Times on Tuesday dence of defendant tend urer in 1879, but was defeated on account of State laws. see that the night. This dispatch was as follows : freight wagon stood who be to the his political proclivities. The question is repeatedly asked, "Of what its of the travelled part OMAHA, Sept. 21.-A decided sensation was the Last year Mrs. Buck bought a fine building crime has Waite been guilty under the United during plaintiff was not in the created in Omaha to-day by the arrest of Silas realized lot in Omaha and the present year has erectStates laws, and what is the provision for his care, in that he was trott M. Waite, the absconding president of the than Demoed 11 large and well-appointed house on itFirst National Bank of Brattleboro, Vt., suffered it to diverge ou punishment The answer to this inquiry is whose defalcation amounts to $450,000. He rural and grass part of the hi secfound in the 5209th section of the U. S. rethe whole cost of the place being about $19,was arrested at the house of his brother-ining into the travelled po in vised statutes 1878 000. The money to pay for this place was ran against the pole law, Truman Buck, a well known and reinto that furnished by Waite. He (Waite) alleges that Every officer or director [of a national bank] thrown out, and thereby spected citizen, the arrest being made by W. who embezzles, abstracts or wilfully misapplies this money was a sum given Mrs. Buck by harped was tried one year ago, H. Llewelyn and W. H. Shields, special any money of the bank, or without authority classes. her sister, Miss Eager, just before or soon afagents of the Department of Justice, assisted toagree. Verdict for tl issues or puts into circulation notes, bills of banks ter her recent marriage. It was at this new damages. S. T. Daven by Charles Sweezy, of the Omaha Post Office. exchange or certificates of deposit, or makes At the time of the arrest Mr. Buck and his Haskins for plaintiff I house that Waite was arrested. held was false entries in the books, reports, or statethe defendant. family were away from home attending the from the ments with intent to defraud or deceive the Last Friday W. E. Waite sent a dispatch to State Fair. The house was surrounded, Warren R. Hildreth In officers of the association, and every one who brief, his father from Northampton, Mass., saying, when Waite ran into the cellar and tried to apt. This was an action aids in so doing, shall be guilty of a misdethe "I will send $2000 by express to-morrow. country make his escape through a back door. When of a sleigh. The evid meanor and shall be imprisoned for not less which caught he threatened to commit suicide, and Nothing new from New York." many tended to show that he than five nor more than ten years. precautions were taken to prevent any such led are to On his way East Waite has maintained in question of one Dexte Under this provision, it will be seen, sevedeed. He was taken to jail to await further and caused the same to were offered much of his old-time nonchalance, except action. It is said that during the last three ral different indictments, or counts, against in the charge and posse lead that at times he has talked about suicide and many months he has made occasional visits to the Waite may be found. cutt, since deceased. I are paid has appeared greatly depressed on account of city, always stopping at his brother-in-law's E. A. Plimpton sued ou The following despatch was sent to Mr. is business house. When he fled from Brattleboro in his family. He said his purpose was to ester Wait and placed it it Price at this place last Tuesday June last, it was generally supposed he had of tablish a home for them in the West, and fendant as constable of every OMAHA, Sept. -Grain shipment, twentygone to Europe, but in time it was discover. then he cared not what became of himself. tached said sleigh the one, twelve six, thirteen twenty-three started. ed that he was still in this country, and the sold it on execution. He thought in that wild country he should be WM. H. SHIELD. Government took hold of the case. He was worth $65. The defer eans safe from discovery. When he took his famtraced by way of Duluth to the Winnepeg To the ordinary reader this dispatch has no his process, and also ily to their ranche he intended to absent himcountry, thence to Wyoming, where he inspecial significance. To Mr. Price it meant tending to show that s have town tended to stock a ranch. He had already be. self for some time, until an officer had had an "We have found Waite." Mr. Price was in only about $35. And a its telling gun to carry out his project. It is suspected had not been a sufficier opportunity to visit the place and find that he New York at the time this dispatch came, and its with low that during the past eight or nine years he ion of the sleigh, but th was not thera. it was forwarded to him there. week. has invested his money in Nebraska or elseplaintiff was entitled to He freely admits that he took the money where, having sent money here quite freof them, question submitted was quently. The officers who arrested him claim from the bank, but professes a determination interest. WAITE'S ARRIVAL. give that quite a large sum was telegraphed to to make a stout fight against conviction, on Verdict for plaintiff s information, him here from New York a few days and He is Brought to Brattleboro by the man for plaintiff. Dave the ground that he has never applied a dollar evithat it is now here and can be recovered. angible Detectives this, Friday. Morning, and fendant. of the money to his own benefit. How this in Carried Direct to Newfane. and down, State Some further particulars are contained in plea can avail him, it is not easy to see. He which $100 the Springfield Republican's special Omaha The following indictr DETECTIVE SHIELDS' STORY OF WAITE'S WANsays that the first money he took was $25,000, months. dispatch published on Thursday morning: the Grand Jury which he gave his brother to establish a coalDERINGS-WHAT HE DISCOVERED AT OMAHA We OMAHA, Sept. 22.-The arrest of Silas M. say. State vs. Arthur J. B yard in Chicago, from which he expected a MYSTERIOUS $200,000. definite Waite was made Tuesday morning by W. H. in State VS. Edgar C. return of 15 per cent. per annum. The great Shields of New York and W. H. H. Llewellyn S. M. Waite was brought to Brattleboro this, knowingly receiving sto accompanied of Omaha, special agents of the department fire wiped this out, however, and the investState VS. Milton Wa other Friday, morning, by the 10:30 train, in charge person, of justice. Shields arrived here Friday, and ment was a total loss. He also claims to have ceiving stolen goods. of detectives L. A. Newcome and W. H. or refers, on Sunday Waite was positively located at the State VS. Chas. N. D. furnished the money for the Burdett organ or Shields. In order to avoid the expected nowledge, house of Truman Buck, his brother-in-law, receiving stolen goods. works, and to have sunk the whole half millof the crowd at the station, the train was stopped, where he has been for several weeks past. State VS. S. Cotton W ion in ways similar to these. He professes to Great care was taken not to flush the game. has ever by order of the Central Vermont officials, at second offence. Bail $ Tuesday morning a fugitive warrant was obhave taken only $800 away with him. In his State VS. Edson E. the Brooks farm crossing, a mile below the a us to tained, and Buck and family having gone to second offence. Bail $ personal appearance he is not changed, exvillage, and Waite and the officers there left item copthe State fair, the officers, with Charles State vs. Sarah Hart, cept that he wears no glasses and has his hair the the train and took carriages in waiting for furnish Swesy, went to the house, posting the latter State VS. Chas. Cleve cut and face shaved, as stated above. He rethem under direction of Receiver Price. The brand at the rear and going in at the front door, in State VS. Frederick St fuses absolutely to talk with any interviewer spite of the servants' resistance. Waite fled and carriages drove by a round-a-bout way up boor, tery. or reporter. all through the house, down cellar and out State vs. Burton Stree who will through the village, avoiding Main street, the back way, where he was seen by Swesy. State VS. Frank Mont Gen. W. W. Henry of Burlington, U. S. and, by Waite's request, went to his residence, a personal He was followed close by Shields and LlewelState vs. Frederick Jo Marshal, and Gen. J. S. Peck. Assistant Diswhere he was allowed a short interview with drubbing lyn, but he locked the doors on them. He State vs. John Man trict Attorney, came to Brattleboro Thursday man then ran around the house to the front and his family. The party then left immediately young Verdict $50 and costs, $ P. M., ready to receive the prisoner, in their into the arms of Llewellyn. Shields said, the evfor Fayetteville, where it is expected that the State VS. Geo. F. W official capacity. "Silas M. Waite, arrest you." Waite threw second offence. Bail $ wear the prisoner will be turned over by the United his hands to his forehead and exclaimed, The detectives have, in the best sense, State VS. Chas. Sull States officers to our Windham county officers "Oh, God, my poor babies!" He made no Fined $80 and costs, $1 made a clean and workmanlike job of their to be dealt with by our State courts. resistance, but asked the officers if they would State vs. Henry H. part in this case. Railroad have shot him if he had run, and said he second offence. Bail $ It is unnecessary to say that the credit for wished he had run if they would. He desired State VS. Henry Stoc Detective Shields's Story. to be allowed to commit suicide and said the the institution of the proceedings which have Fined $50 and costs, $ Hampshire From an interview with Mr. Wm. H. great mistake of his life was that he had not resulted in Waite's return to justice is due to State vs. Jesse T. We N. H., alpole, Shields, the detective who has so successfully killed himself. Search revealed nothing but uor. Fined $50 and co Receiver Price, whose whole course in rea Jusby a watch, pocket-knife, etc. He kept the State VS. Frank E. worked up this case, we learn the whole stogard to the bank's affairs has been marked provisions watch, saying he would give it to his wife. Fined $80 and costs, $ ry of Waite's wanderings, of his discovery by the greatest wisdom, prudence and effiThe call He afterward became more cool, but talked State vs. Henry C. w and arrest, and of certain very suggestive deciency. Gov suicide to the last. He said he would plead of second offence.


Article from Vermont Phœnix, September 24, 1880

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TREASURY DEPARTMENT, OFFICE OF COMPTROLLER OF THE CURRENCY, WASHINGTON, June 19th, 1880. Notice is hereby given to all persons who may have claims against "The First National Bank of Brattleboro," at Brattleboro, Vt., that the same must be presented to LINUS M. PRICE, Receiver at the office of said Bank, with the legal proof thereof, within three months from this date, or they will be disallowed. JNO. JAY KNOX, 26-38 Comptroller of the Currency.


Article from Burlington Weekly Free Press, October 1, 1880

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# ARRAIGNMENT OF WAITE. In the Windham county court, on Tuesday, Judge Veazey presiding. S. M. Waite was arraigned. The proceedings were as follows: Clerk-Silas M. Waite, stand up. The first indictment states that you are arraigned for larceny of $2,500 from the First National Bank of Brattleboro. What say you, guilty or not guilty? "Not guilty," was replied, in bold, firm tones. The next indictment was for a forged note purporting to be signed by the Vermont Valley Railroad Company, F. A. Nash, treasurer. The next was for uttering the same, knowing it to be forged. The next for forging a note for $15,000, purporting to be signed by J. Amidon. The next indictment was for uttering the same. The next was for the forging of a note of $10,000, purporting to be signed by Hon. T. W. Park, and the next was for uttering the same. To these several indictments Waite pleaded not guilty. The State's Attorney then asked that a time be set for trial. C. B. Eddy then addressed the court, saying that he represented Mr. Waite here today and that he desires to consult with his counsel, Hon. E. J. Phelps of Burlington. He has telegrams that say Mr. Phelps will be here to-day or to-morrow, and is now engaged in a jury trial at Burlington. Mr. Eddy strongly urged that the case be continued, stating that, owing to overwork, if the case was immediately to be tried, he should be obliged to withdraw as counsel. The court decided to defer the announcement of the time of trial until Mr. Phelps arrives. An extra session will be called and the trial proceeded with shortly. Hon. Charles H. Davenport of Brattleboro has been assigned by the Judge to assist State's Attorney Stoddard in presenting the case. A letter from Mr. Buck of Omaha, Waite's brother-in-law, is printed, in which he says: I believe that Mr. Waite is as little of a "thief" or "rascal" as you or I, and that he has done more good deeds than both of us. I know the history of his life is full of generous self-sacrifice and readiness to bear the burden of others. I know in a large measure the history of the bank, the failure of which has brought him now into such unenviable notoriety, and knowing all that, I believe he has done nothing with the intention of defrauding others. Detective Shields is reported as saying that the chasiner of the First National Bank of Omaha told him that Buck had received from the East within the last two years not less than $200,000, supposed to have come Waite.


Article from The Manchester Journal, July 2, 1885

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Receiver Price sent out Saturday the checks covering the 45 per cent dividend to the stockholders of the ruined First national bank of Brattleboro, which the comptroller has signed since the decision of the supreme court against Waite.