Merchants & Miners National Bank (Philipsburg, MT)

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ESHBAUGH ARRESTED

Two Indictments Returned Against Him by the U. S. Grand Jury. Special Dispatch to the Standard. Helena, Dec. -Marshal McDermott returned to-day from Butte, where he arrested Charles H. Eshbaugh, against whom the grand jury returned two indictments for alleged infraction of the banking laws while cashier of the suspended Merchants & Miners' National bank of Philipsburg. His indictments were placed in the secret docket, and until he was arrested could not be mentioned. He has been released on $2,500 bail by Commissioner Naughton, and will present himself in court to-morrow. One of the indictments, which contains three counts, is for the embezzlement of $1,000 belonging to James Murray, a depositor, and for giving to that person a fraudulent statement. The other indictment contains but one count, and charges him with misappropriating the funds of the bank b ymeans of two drafts, one for $50 and the other for $80.

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Indicted an Ex-Cashier

HELENA, Dec. 9.-One of the indictments of the late federal grand jury proved to be against Charles H. Eshbaugh, former cashier of the now suspended Merchants and Miners' National bank of Phillipsburg, Granite county, charging him with embezzlement of $6,000, and uttering false statements as to his bank accounts. He gave $5,000 bail.

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Indicted an Ex-Cashier

HELENA, Dec. 9.-One of the indictments of the late federal grand jury proved to be against Charles H. Eshbaugh, former cashier of the now suspended Merchants and Miners' National bank of Phillipsburg, Granite county, charging him with embezzlement of $6,000, and uttering false statements as to his bank accounts. He gave $5,000 bail.

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ARRESTED IN BUTTE

Cashier Eshbaugh Charged With Embezzlement. A Helena dispatch states that Marshal McDermott had returned from Butte to Helena and that he had C. H. Eshbaugh in custody, against whom the grand jury returned two indictments for alleged infraction of the banking laws while cashier of the suspended Merchants' and Miners' National Bank of Philipsburg. One of the indictments, which contains three counts, is for the embezzlement of $1000 belonging to James Murray, a depositor, and for giving to that person a fraudulent statement. The other indictment contains but one count, and charges him with misappropriating the the funds of the bank by means of two drafts, one for $50 and the other for $80. Mr. Eshbaugh said Wednesday even ing to an Independent reporter that when the proper time came he would be able to explain the charges against him in such a manner that would be agreed that he had not been guilty of a single transaction. "I will show that I do not owe the bank a cent," he said, "and that the charge of embezzlement is all a mistake. Neither do 1 owe Mr. Murray a cent, as I intend to show. The books of the bank will show fully the entire transaction while I was there, and how and why each one was made. I have no uneasiness as to the outcome." Mr. Eshbaugh was accompanied to Helena by his lawyer. E. B. Howell, of Butte, who repeated what Mr. Eshbaugh had said. The amount the indictment charges Mr. Eshbaugh with having embezzled was but $1000 and not $6000 as stated.

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Montana.

Charles H. Eshbaugh has been arrested at Butte, under two federal indictments, charging him with violations of the banking laws while cashier of the suspended Merchants' & Miners' National bank of Phillipsburg.

Acting Governor Spriggs has granted diminutions in the following cases, subject to the action of the board of pardons: James Tracey, sent from Flathead county for one year for burglary, 28 days: A. J. Whewell, sent from Silver Bow for a year and a half for burglary, 30 days; James Coburn, sent from Madison for one year for larceny, 28 days: George Kelly, sent from Missoula for one year for burglary, 28 days.

Herman Richter, a prominent German-American citizen of Helena, committed suicide Tuesday by shooting himself. Business trouble was the cause.

There are 72 children in the state orphans' home.

John McCarthy was fatally injured by a cave-in on the Bell mine at Butte last Tuesday. Every bone on the left side of the body was broken.

Charles Hunter, of Saco, recently received a bunch of fox hounds from the east and will use them in exterminating the coyote and gray wolf from now until next spring.

Two horsemen from Wisconsin are on the Madison in search of smooth, blocky horses, weighing from 1,150 upwards. They are paying $25 for wild horses filling these requirements.

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Ex-Cashier in a Pickle

Helena, Mont., Dec. 8.-One of the indictments of the late federal grand jury proved to be against Charles Eshbaugh, former cashier of the now suspended Merchants & Miners' National bank of Phillipsburg, Granite county, charging him with embezzlement of $6000 and uttering false statements as to his bank accounts. He gave $5000 bail.

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California at the Capital WASHINGTON, July 11.-California pensions have been granted as follows: Orginal-Orlando I. Rogers of Black Diamond, $6; Frederick Miller of Soldiers' home, $8; Thomas Galvin of San Francisco, $8; Thomas D. Burrows of Soldiers' home, $12; Sylvester K. Wilson of Colton, $8; Jas. W. Walsh of Irvington, $8; William Hickock of Salinas, $8. Widows-May Flaherty of Oakland, $12. The comptroller of currency has declared dividends for the creditors of the insolvent banks as follows: 13 per cent, the Browne National Bank of Spokane, Wash.; 42 per cent, the Merchants and Miners' National Bank of Phillipsburg, Mont. The president today made the following appointments: Robert J. Hendricks, to be appraiser of merchandise in the district of Willamette, Oregon. Frederick P. McKinley of New Mexico, to be receiver of public moneys at Guthrie, O. T. Davis L. Gever of Ohio, to be receiver of public moneys at Roswell, N. M. To be agents for Indians-Charles S. McNichole of Illinois, for Colorado River agency in Arizona; Charles D. Reeves of Texas, for the Fort Apache agency, in Arizona; Frederick D. Spriggs of New York, for the Nevada agency, in Nevada. Grant McLaughlin and F. L. Elworthy of California have been appointed laborers in the Mare Island Navy yard at $2.48 and $2.80 per diem respectively. Austin Young was today commissioned postmaster at Randsburg, Luther King at Moss, and Theodore F. Birch at Orland, Cal.

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ITS FINAL DIVIDEND

The Merchants and Miners National Bank Settling Up. Much to the mental relief and satisfaction of President A. A. McDonald of the Merchants and Miners National bank of Philipsburg, that institution is now paying the final dividend to its depositors with interest of an average of 71/4 per cent on all dividends paid. Less than a year ago, on July 28, 1897, a notice posted on the doors of the bank announced that payments had been suspended and the bank closed pending an adjutment of its affairs. In a short time a receiver had been appointed by the comptroller of the currency and that gentleman took charge. The payment of a dividend of 25 per cent was soon announced, and affer awhile another payment of 35 per cent was made. Not wishing to sacrifice any of the bank's assets and unwilling to cause disaster among the community by enforcing collections, it was decided that assessments should be made upon the stockholders. An assessment of 80 per cent was accordingly levied, to which all stockholders promptly responded, Mr. A. A. McDonald holding one-half of the entire capital stock. The result is already known and the depositors are being fully paid. This is an exceptional fast record and speaks well for Philipsburg and Granite county. A meeting of the stockholders is called for August 18th, when the assets of the bank will be placed in the hands of a trustee, and no doubt the stockholders will not fare SO badly after all when a final distribution is made among them. Receiver Swiggett deserves much credit for the manner in which he conducted and directed the bank's closing career. and as to President A. A. McDonald too much cannot be said for his untiring efforts to see every depositor paid in full. an example which some other defunct banks may pattern after.

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PHILIPSBURG, GRANITE COUNTY, MONTANA, FRIDAY, AUGUST 5, 1898.

FROM DAWSON CITY

M. S. MORRISON'S LETTER

A Long Journey, Having Slept Out All Winter in a Tent-Meets Phil- ipsburgers Every Day.

The following letter has been received by D. N. McDonald from M. S. Morrison, formerly a partner of Mr. McDonald's in the lumber business, under the firm name of McDonald & Morrison and Philipsburg Lumber and Fuel company. Mr. Morrison is now located at Dawson City, N. W. T., and his letter will be of much interest to our many readers. Following is the letter:

Dawson City, N. W. T., June 26.-After a season's experience of placer mining in the Klondike district I thought it would interest you and some of my old acquaintances to learn that I am still living and enjoying my usual good health. There are, however, scores of people who cannot give a like account of themseves, and more than that, thousands of them are sadly discouraged. My friends, do not let yourselves be carried away with the idea that this country is all gold, although there is considerable of it here; but if it were equally divided it would not make very much per capita. Last fall, when I arrived here, provisions were $1 and $1.25 per pound. Three of us took a lease on a piece of ground on Bonanza creek. I had only 500 pounds of provisions, and that was not sufficient for a year for three men, so my partners went to work on the ground and I went to Circle City after more grub. I left camp on the 1st of October and got back on the 20th of March, being out all alone the whole winter with nothing but a drill tent for a winter house. The weather was not very cold, the coldest being 60 degrees below zero. I located a claim that day and got my feet frozen, but was able to build a fire in time to save them from freezing. However, I escaped from contracting that dreaded and miserable disease, scurvy, and have no complaint to offer nor any kick coming. I have my health and some money besides, although I am not figuring on going out yet.

To my surprise, I met Jake Franzman. He is here with me in the tent not doing anything. I am not doing any- sign, "The Philipsburg Mail," on the California street side of The Mail office. It is painted on the brick wall large enough to be seen.

A picnic party composed of Mrs. Chas. Wallender, Mrs. August Lindstadt and children and Mrs. J. A. McKenna spent last Monday among the pines below Hasmark.

The open season for killing grouse, chickens, etc., will begin August 15th and close December 15th. Not more than twenty of these birds may be killed by one person in one day.

A party composed of Messrs. Frank J. Wilson, Chas. A. Wilson, Fred Mallette, Jos. Dubrule, Louie Tougas, J. D. Kennedy and Ed Tougas spent last Sunday on Rock creek fishing with good success.

Dr. J. H. Owings and family, of Deer Lodge, and Mr. and Mrs. J. H. Williams and children, of this city, expect to pitch camp on Rock creek in a few days and spend some time camping and fishing.

Among the Granite residents who attended the funeral of the late Charles Kroger last Sunday were Mr. and Mrs. C. A. Kent, Mr. and Mrs. H. T. Cumming, Mr. and Mrs. James Willoughby and Misses Penaluna and Harris.

A bright baby girl arrived at the home of Mr. and Mrs. Julius Hansen on California street last Wednesday morning. Mother and child are doing well and the doctors have hopes of saving Jule. The Mail extends congratulations.

Mr. and Mrs. Arthur Durand gave an enjoyable dance at the Nolan house, Kirkville, last Monday evening. Over fifteen couples were in attendance and all had a pleasant time. Music was furnished by Prof. Westphal and Chas. Snyder.

Mr. and Mrs. A. H. Barret, of Butte, are contemplating an outing on Rock creek in the near future. They expect to drive overland from Butte, bringing a complete camp outût, and will be joined here by Mr. and Mrs. Valentine Jacky and children.

Capt. S. A. Swiggett, formerly receiver of the Merchants and Miners National Bank of this city, has entered upon his duties as clerk of the port at Great Falls, a position recently vacated by the appointment of Maj. T. A. Cummings as paymaster at Duluth.

The Rock creek road over the Antelope route has been completed. Frank Freyschlag and others who have been camped on Antelope while work on the road was in progress have come to town. A good deal of travel will no doubt go this new way now as it is said to be one of the best mountain roads in the county.

A LARGE F

MR. KROGER LAI

Masons, Odd Fellows, and Last Sad Tribute to and Honorable

The funeral of the late occurred from the family Sunday afternoon and w largest that has taken p for years past. The M Fellows met at their hal o'clock, the latter march Masonic hall, when both to the Kroger residen Fellows services were sisted in the singing by Order Eastern Star. Sh o'clock the remains were hearse by the pall-bearer procession started for th tion of the cemetery, hea Fellows and Masons, in shal S. W. Minshall. T Eastern Star attended i large conveyance.

At the grave the sole of the Odd Fellows were by George W. Suppiger Riple, at the conclusion impressive Masonic rites tered by Acting Worshi W. Getty, the ladies of ern Star taking active pa ing. The ceremonies th rendered in a most solemn manner, and the displayed by all indicate teem in which the decea the people of the comm every conveyance in vicinity was pressed into speak of those from G upper and lower valleys. Many a moist eye was remains of Charles K posited in their last res many a time since has t made, "A good man gon The floral offerings v beautiful and were con friends of the family. uted by the Order Eas especially beautiful and Fred Kroger, of Gregs of the deceased; M. J. K D

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8 Geo

A. Maywood was up from y Princeton yesterdal. ) Miss Ruth Smith is confined to her home with typhoid fever. The Needlecraft will meet with Mrs. D. M. Durfee next Wednesday afternoon. Capt. S. A. Swiggett arrived in the city Wednesday on business connected with the winding up of the receivership of the late Merchants and Miners National bank and delivered the papers of final adjustment to President A. A. McDonald. For several issues past the columns of The Mail have been largely devoted to campaign matter, which is perhaps not the most interesting to a good many newspaper readers. Before our next issue the political con est will have been over, and the endeavor to present its readers with all the news and items of general interest obtainable, as it has done in the past. Mrs. Eliza M. Welch who passed peacefully away on October 24 was born in New York, and came to Philipsburg seventeen years ago, and has ever since made her home here. She was educated and intelligent and was a cousin to the great writer, Louisa M. Alcott. She leaves a son in Oregon, Fred Welch, brother, John Alcott, in Wisconsin, besides many friends to mourn her loss. The democratic meeting at the opera house last night was well attended, many having come to hear Mr. Hartman and to see Mr. Campbell. The chairman of the meeting introduced Mr. A. J. Campbell as the first speaker. Mr. Campbell dwelt upon his labor record, saying that his conscience dictated that he should vote against the several labor measures and that he acted according to his convictions, believing that he was right, and that he would do the same thing over again Mr. Hartman spoke at length upon the e ilver question, adv support of Mr. Campbell and is no way reflected upon the Granite County Silver Rep: blican ticket, but said that all the p people of Granite county were his friends and that all were in favor of the free coinage of silver, and that he felt very grateful towards them. Mr. Hartman's sole mission is to endeavor to elect Mr. Campbe.l to congress.