5590359791094 559035979
hash
55c7f8bcd5ed3e03None
Click image to open full size in new tab
Another Kansas Failure. TOPEKA, Kan., Feb. 19.-[Special]John D. Knox & Co., investment bankers, assigned yesterday to Hon. J. H. McAfee. The liabilities will reach $300,000. Among the items of liabilities are time interest bearing certificates of deposit, principally held by Eastern par ties, $60,000; deposits for investments made by Eastern parties, $50,000.
Click image to open full size in new tab
HEAVY FAILURE IN KANSAS. Prominent Investment Bankers Go to the Wall-Liabilities. $300,000. [By telegraph to the Dispatch.] TOPEKA, KAN., February 19.-John D. Knox & Co., investment bankers, assigned vesterday to Hon. J. H. McAfee. Their liabilities will reach $300,000. Among items of the liabilities are the following Savings department deposits, demand certificates of deposit. and open accounts, $8,000: time interest-bearing certificates of deposit, principally held by eastern parties, $60,000; deposits for investments made by eastern parties, $50,000. The remainder of the liabilities are discounts with other banks, all of which are secured with good collaterals, amounting to $20,000, unpaid interest, coupons. &c. The assets are principally lands, equities, unpaid coupons, bills discounted and tax-sale certificates. The total value of the assets cannot be definitely determined, but Mr. Knox claims that a valuation of the assets aggregate $450,000. That, however, depends solely upon the prices realized upon the real properties. The heaviest creditors are the trustees of the New York Conference of the Methodist Episcopal Church for $20,000.
Click image to open full size in new tab
INVESTMENT BANKERS FAIL Their Liabilities $800,000-The Assets Put at $450,000. TOPEKA, Kan., Feb. 19,-John D. Knox & Co., investment bankers, assigned yesterday to Hon. J. H. McAfee. Their liabilities will reach $300,000. Among the items of the liabilities are the following: Savings department, deposits, demand certificates of deposit and open accounts $8,000; time interest-bearing certificates of deposit, principally held by eastern parties, $60,000; deposits for investments made by eastern parties $50,000. The remainder of the liabilities are discounts with other banks (all of which are secured with good collaterals), $20,000 unpaid interest coupons, etc. The assets are principally lands, equities, unpaid coupons, bills discounted, tax sale certificates. The total value of the assets cannot be definitely determined, but Mr. Knox claims that the assets aggregate $450,000. That, however, depends solely upon the prices realized upon the real properties. The heaviest creditors are the trustees of the New York conference Methodist Episcopal church for $20,000.
Click image to open full size in new tab
John D. Knox & Co., bankers, Topeka, Kans., assigned Wednesday to J. H. McFee. The liabilities will reach $300,000. Mr. Knox claims that at a fair valuation the assets will aggregate $450,000. The heaviest creditor is the board of trustees of the New York conference of the Methodist Episcopal Church for $20,000.
Click image to open full size in new tab
TOPEKA, Feb. 21.-John D. Knox & Co., bankers, assigned to-day to John D. McAffee; liabilites will reach $300000 the assets are $400,000 in lands, coupons, etc.
Click image to open full size in new tab
WEST AND SOUTH. MRS. M. TROLLINGER, of Leesville, Mo., was watching her son cut down a tree when it fell on her, killing her instantly. IN Salt Lake City seven members of the Church of Jesus Christ of LatterDay Saints pleaded guilty to living in polygamy and were fined in sums ranging from $100 and upwards. FLAMES at Akron. O., destroyed the paper mill of the Thomas Phillips Company, causing a loss of $100,000, and the works of the Enterprise Manufacturing Company; loss, $40,000. Nettie Cruza was burned to death. AT Jasper, Tenn., the Atna Coal Company made an assignment, with liabilities of $100,000 and assets of $300,000. THE late flood at Pittsburgh and vicinity did damage estimated at $2,000,000. ON the 18th General H. H. Sibley, the first Governor of Minnesota, died in St. Paul, aged 80 years. A MOB took a white man and a negro from the county jail in Gainesville, Fla., and hanged them for complicity in numerous assaults. AT Kansas City the Union Investment Company assigned, with liabilities and assets each $1,000,000. TOM KENDALL, Billy Kohler and William Kerns were killed by a snowslide at the Old Lout mine in Colorado. FIRE destroyed the Missouri Pacific round-house at Kansas City, Kan., with eighteen engines, causing a loss of $175,000. THE firm of John D. Knox & Co., private bankereat Topeka, Kan., assigned, with liabilities of $340,000 and assets of about $430,000.
Click image to open full size in new tab
WEST AND SOUTH. MRS. M. TROLLINGER, of Leesville, Mo., was watching her son cut down a tree when it fell on her, killing her instantly. IN Salt Lake City seven members of the Church of Jesus Christ of LatterDay Saints pleaded guilty to living in polygamy and were fined in sums ranging from $100 and upwards. FLAMES at Akron, O., destroyed the paper mill of the Thomas Phillips Company, causing a loss of $100,000, and the works of the Enterprise Manufacturing Company; loss, $40,000. Nettie Cruza was burned to death. AT Jasper, Tenn., the Atna Coal Company made an assignment, with liabilities of $100,000 and assets of $300,000. THE late flood at Pittsburgh and vicinity did damage estimated at $2,000,000. ON the 18th General H. H. Sibley, the first Governor of Minnesota, died in St. Paul, aged 80 years. A MOB took a white man and a negro from the county jail in Gainesville, Fla., and hanged them for complicity in numerous assaults. AT Kansas City the Union Investment Company assigned, with liabilities and assets each $1,000,000. TOM KENDALL, Billy Kohler and William Kerns were killed by a snowslide at the Old Lout mine in Colorado. FIRE destroyed the Missouri Pacific round-house at Kansas City, Kan., with eighteen engines, causing a loss of $175,000. THE firm of John D. Knox & Co., private bankersat Topeka, Kan., assigned, with liabilities of $340,000 and assets of about $450,000.
Click image to open full size in new tab
WEST AND SOUTH. THE late flood at Pittsburgh and vicinity did damage estimated at $2,000,000. ON the 18th General H. H. Sibley, the first Governor of Minnesota, died in St. Paul, aged 80 years. A MOB took a white man and a negro from the county jail in Gainesville, Fla., and hanged them for complicity in numerous assaults. AT Kansas City the Union Investment Company assigned, with liabilities and assets each $1,000,000. TOM KENDALL, Billy Kohler and William Kerns were killed by a snowslide at the Old Lout mine in Colorado. FIRE destroyed the Missouri Pacific round-house at Kansas City, Kan., with eighteen engines, causing a loss of $175,000. THE firm of John D. Knox & Co., private bankers at Topeka, Kan., assigned, with liabilities of $340,000 and assets of about $450,000. A FIRE at Hoosierville, a mining village in Clay County, Ind., almost entirely destroyed the town. Ex-Treasurer WOODRUFF paid into the State Treasury of Arkansas $63,740.50, the full amount of his shortage. A FLOOD swept away Riverside, a suburb of Parkersburg, W. Va. No lives were lost. MARTHA MOORE and Sarah Mules (colored) were killed at Lake Station, Md., by a train. AN explosion of natural gas in the house of William Kuntz at Martin's Ferry, O₂ burned nine persons, two of
Click image to open full size in new tab
THE LATEST TELEGRAMS. NEWS IN BRIEF WORK on the world's fair site in Jack son Park was resumed Thursday. GENERAL HENRY H SIBLEY, Minnesota's first governor, is dying at St. Paul. ADOLPH HOFFMAN and Alfred E. Frommett, silk manufacturers, of Paterson, N.. J. have assigned. THE finest alabaster quarry in the world has been discovered near Canyon City, Col. THE only child of Rider Haggard is reported to have died at the city of Mexico. THE Ohio river is still rising at Cincinnati, and a disastrous flood at that point is feared. "DIAMOND Joe Reynolds, the wellknown capitalist and steamboat-owner of Iowa, died Saturday at Prescott. Iowa. THIRTY inches of snow has fallen in Bozeman, Mont. within the last two days, and it is still snowing. THE crippled American loan and trust company of New York will be reorganized and financially strengthened. THE John D. Knox & Co., banking house at Topeka. Kas., has failed. Estimated liabilities, $250,000. THE bill conferring the elective franchise on women passed Thursday by the Kensas house of representatives. THE body of Professor Bancroft, of Brown's University, Providence, R. I., was found in Dyer's Pond Monday. He disappeared on December 8. PROFESSOR ALEXANDER WINCHELL of the Michigan University, a geologist of world-wide reputation, died at Ann Arbor Thursday morning. A PECULIAR feature of a recent storm at Salt Lake was a large quantity of salt which fell with the snow, all mixed ready to place in the freezer. MASTER WORKMAN T. V. POWDERLY of the Knights of Labor was stricken with heart disease at Toveka, Kan., but his condition is not dangerous. GIBSON, ot the whisky trust, gave bail in the sum of $25,000 Wednesday for his appearance when the indictment found against him by the state grand jury shall come to trial. OVER $2,000,000 was divided among the four children of Chauncy B. Blair, by the will of the late banker which was filed for probate Tuesday. THE will of the late J. N. McCullough, Vice President of the Pennsylvania Company, has been filed for probrate. His estate is valued at from $7,000,000 to $10,000.
Click image to open full size in new tab
Failure of John D. Knox & Co. TOPEKA, KAN., February 20.-The John D. Knox & Co. Investment Banking house has assigned, Hon J. B. McAfee being named as assignee. The liabilities are roughly estimated at $250,000. The schedule of liabilities has not yet been made up, but will be complèted and filed in the district clerk's office. Among the items of liabilities are the following: Savings department deposits, demand certificates of deposit and open accounts, $8,000. Time interest bearing certificates of deposit, principally held by eastern parties, $60,000. Deposits for investment made by eastern parties, $50,000. The remainder of the liabilities are discounts with other banks (all of which are secured wtih good collaterals) $30,000 unpaid interest coupons, etc. The total amount due Topeka creditors is comparatively small, it is stated, not reaching $20,000. The assets are principally lands, equities. unpaid coupons, bills discounted, tax sale certificates, etc. The total value of the assets cannot definitely be determined, but Mr. Knox claims that at a fair estimation the assets aggregate $450,000. Mr. and Mrs. Knox have turned over to the assignee all property of every description except their homestead in the western part of the city, which is by law exempt. He states that for the present be will not turn that in, believing that the other assets will pay the habilities, but savs that it will be turned over in the end if necessary. Mr. Knox's failure is the result of overreaching himself in acquiring land that there is no demand or sale for. Much of the land has depreciated in value.
Click image to open full size in new tab
Sherlock struck the pier of a railroad bridge just after leaving Cincinnatti for New Orleans and sank. Three lives were lost. The Union Investment Company, of Kansas City, filed an assignment on Wednesday at Boston. Gen. H. H. Sibley, the first Governor af Minnesota, died Wednesday morning in his home at St. Paul. The Illinois senate, on Wednesday passed the bill making the contract rate of interest 7 per cent, and the legal rate 5 per cent. John D. Knox & Co., bankers of Topeka, Kas., have assigned. Liabilities, $250,000; assets, $400,000. The American Loan and Trust Company closed its doors in New York with liabilities of $2,234,874. The apparent deficit is $656,789. The investigation committee found that at the end of the first term of Treasurer Woodruff of Arkansas the state owed him $19. Feb. 19. A drought prevails in Springfield, Ill. The Western wires are badly damaged by reason of the severe sleet storms. Additional discoveries of gold and silver are reported in Montague county, Tex. The separate coach bill has been sent to the governor of Arkansas for approval. John C. New has written to his son that he is satisfied with his present position and doesn't want the treasury portfolio. Interpreter Primeau, who accompanied the Sioux delegation to Washington, predicts another uprising in the spring on account of the little attention showed the chiefs by the government. Funeral services over Gen. Sherman were held in New York, after which the body, followed by an imposing procession, was conveyed to the train at Jersey City, which started for St. Louis. Feb. 20. Rev. James H. Ash, general state missioneary for the Baptist publishing company of Philadelphia, dropped dead from heart disease at Emporia, Kas. The ballots for U. S. Senator at Springfield, Ill., to-day resulted as follows: Palmer, 101; Streeter, 96; Oglesby 8. A sleet storm paralyzed wires in the west. Dr. Fisher, acting president of the Missouri State University, died at Columbia, Mo. A war between the conservative and radical element of the Turners has started in Chicago. A railroad collision in the Fourth avenue tunnel, New York, caused the loss of six lives and the injury of several persons. United States revenue officials made a general raid on Chicago cigar dealers who were counterfeiting the government import stamp. Sheriff Timberlake, who hunted down the James gang and employed Bob Ford in the matter, died at Liberty, Mo. At Leigh, Neb., William McCubbin shot Frank Yob, his hostler, dead; also his wife, and then cut his own throat, dying across her body. Scandal connecting his victims is the supposed cause.