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STURGES BANK CLOSED. An Ohio Financial Institution Goes to the Wall. Mansfeld, O., July 3.-Sturges Bank here closed its doors this morning when its owner filed a deed of assignment. Sturges, owner, is reputed to be worth 150,000. He held a controlling interest in the Mansfield Machine Worke, capitalized at three hundred thousand, which went in the hands of a receiver today. Sturges was a close business friend of the late John Sherman.
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BANK AND FACTORY FAIL AT MANSFIELD. Mansfield, Ohio, July| 3 -Sturges' bank here closed its doors this morning, when its owner filed a deed of Sturges, the owner, assignment. was reputed to Abe worth $150,000. He held a controlling interest in the Mansfield Machine works, capitalized at $300,000, which went into the bands of a receiver today. Sturges was a close business friend of the late John Sherman.
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STURGES BANK FAILS. Owner Was an Old Friend of Senator John Sherman. Mansfield, O., July 3.-The Sturges bank here closed its doors today, when its owner filed a deed of assignment to Howard B. Dirlam, an attorney. The bank was a private concern. Sturges was reputed to be worth $150,000. He owns considerable real estate, lumber works and a controlling interests in the Mansfield Machine works, a large concern capitalized at $300,000. The assets and liabilities have not been given out. Later in the day A. Peck was appointed receiver for the Mansfield Machine works. Mr. Sturges was a close business friend of the late John Sherman.
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OHIO BANK CLOSED. Prominent Mansfield Capitalist Is Forced to Make an Assignment. Mansfield, O., July 1.-The Sturges Bank here closed its doors to-day, when its owner filed a deed of assignment to Howard B. Dirlam, an attorney. The bank was a private concern. Sturges was reputed to be worth $150,000. He owns considerable real estate, lumber works and a controlling interest in the Mansfield machine works. a large concern capitalized at $300,000. The assets and liabilities have not been given out. Later in the day, A. Peck was appointed receiver for the Mansfield machine works. Mr. Sturges was a close business friend of the late John Sherman.
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Ohio Bank Falls. Mansfield, O., July 3.-Sturges' bank, a private institution, closed its doors to-day, following the filing of a deed of assignment by Banker Sturges to Attorney H. B. Dirlam. Sturges owned lumber works, real estate and a controlling interest in the Manefield Machine Works, the latter capitalized at $500,000. This afternoon A. Peck was appointed receiver for the Mansfield Machine Works. Sturges was a close friend of the late John Sherman. No statement of the bank's affairs has yet been made.
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AN OHIO FAILURE. Bank and Machine Works in Hands of Receivers. Manafield, Ohio, July 3.-The Sturges bank failed to open its doors today and is in the hands of a receiver. The closinz of this bank was followed by the assigument of Wm. M. Sturges, owner of the bank, and by the appointment of a receiver for the Mansfield Machine work, capitalized at $300,000, and controlled by Sturges and his associates. The Sturges bank was a private Institution. Its depositors were mostly grain men and farmers. It paid interest on deposits of money from the time It was received. Wm. Sturges was interested in numerous enterprises.
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Bank Suspended. Mansfield, O., July 3.-The Sturges bank has suspended.
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AN OHIO BANK FAILS PRIVATE INSTITUTION OPERATED AT MANSFIELD. Closing of the Bank Followed By the Assignment of W. M. Sturges Its Owner, and the Mansfield Machine Works. Mansfield. O., July 3.-The Sturges Bank failed to open its doors today, and is in the hands of a receiver. The closing of this bank was followed by the assignment of William M. Sturges, owner of the bank, and by the appointment of a receiver for the Mansfield Machine Works, capital $300,000, which were controlled by Sturges and his associates. The Sturges Bank was a private institution. Its depositors were mostly grain men and farmers. None of the other banks will be affected. William M. Sturges is interested in numerous enterprises. He is a breeder of fine cattle. giving a great deal of his time to that matter. He owns lumber works, a coal yard and a large stock farm. He owns valuable property here, and was engaged in building a number of houses in the south part of the city. H. B. Dirlam began work as the assignee of Mr. Sturges this afternoon. Mr. Sturges filed suit against the Mansfield Machine Works to assess the stockholders. This concern also went into the hands of a receiver today, A. A. Peck, President of the company, being appointed receiver. His bond was fixed at $50,000. He was given authority "to continue running the plant, which employes several hundred men. Its capital is $300,000. Mr. Starges owned $82,500 of stock in this concern and was an indorser for over $50,000 of its paper. Other heavy stockholders are John E. Sturges, Mary D. Sturges, A. A. Peck and A. A. Peck, guardian. There is a large number of stockholders. among them being the late John Sherman. whose estate still holds a few shares. The machine works have not paid any dividends for five years. There have not been any additional failures, but claims are being put in by creditors. No schedule has been filed as yet, and no statement has been made of assets and liabilities. Other banks of the city claim the failure of William Sturges had been expected for months, though to the general public it was a great surprise.
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MANSFIELD BANK FAILS SUSPENSION FOLLOWED BY TWO OTHER ASSIGNMENTS, MANSFIELD, Ohio, July 3.-The Sturges bank failed to open its doors today, and is now in the hands of a receiver. The closing of the bank was followed by the assignment of Willis Sturges, owner of the bank, and the appointment of a receiver for the Mansfield Machine works, controlled by Mr. Sturges and his associates. The Sturges bank was a private institu. tion. Its depositors were mostly grain men and farmers. None of the other banks here will be affected. Willis M. Sturges is interested in numerous enterprises, owning lumber works, a coal yard and a large stock farm. A. A. Peck, president of the Mansfield Machine works, who was named as receiver of the institution, was given authority to continue running the plant. which employs several hundred men. Its capital is $30,000. Mr. Sturges owned $82,800 worth of stock in this concern, and was an indorser for over $50,000 of its paper. There is a large number of stockholders, among them being the estate of the late John Sherman, which holds a few shares. The institution has not paid any dividends for five years. No statement has yet been made of the assets or liabilities.
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PRIVATE BANK FAILS. The Sturges Institution of Mansfield, Ohio, Closes its Doors. (By the Associated Press.) Mansfield, Ohio, July 3.-Sturges Bank, a private institution, closed its doors today, followed he filing of a deed of assignment by Banker Sturges to Attorney H. B. Dirlam. Sturges owned lumber works, real estate and a controlling interest in the Mansfield Machine Works, the latter capitalized at $300,000. This afternoon Alex. A. Peck, was appointed receiver for the Mansfield Machine Works. Sturges was a close friend of the late John Sherman. No statement of the bank's affairs has been made.
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A DOUBLE FAILURE Suspension of Ohio Bank Involves Large Manufacturing Establishment. Mansfield, O., July 3-The Sturges bank failed to open its doors today, and is now in the hands of a receiver. Closing of the bank was followed by the assignment of Willis Sturges, owner of the bank, and the appointment of a receiver for the Mansfield Machine works, controlled by Sturges and his associates. The Sturges bank was a prominent institution. Its directors were mostly grain men and farmers. None of the other banks here will be affected. Willis M. Sturges is interested in numerous enterprises, owning lumber works, coal interests and large stock farms. A. A. Peck, president of the Mansfield Machinery works, who was named as receiver of the institution, was given authority to continue running the plant, which employs several hundred men. Its capital is $300,000. Sturges owned $82,800 worth of stock in the concern and was indorser for over $50,000 of its paper. There is a large number of stockholders, among them being the setate of the late John Sherman, which holds a few shares. The institution has not paid any dividends for five years. No statement has yet been made of assets or liabilities.
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Another Bank Suspends Mansfield, O., July 3.-Sturges' bank, a private institution, closed its doors today following the filling of a deed of assignment by Banker Sturges to Attorney H. B. Dirlam. Sturges owned lumber works, real estate and a controlling interest in the Mansfield Machine Works, the latter capitalized at $300,000. This afternoon Lex A. Peck was appointed receiver for the Mansfield Machine Works. Sturges was a close friend of the late John Sherman. No statement of the bank's affairs has yet been made.
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TRAIN OF FAILURES Beginning With Collapse ofthe Sturges Bank. Mansfield, ,July 5.-Following the failure of William M. Sturges, owner of the Sturges bank and the appointment on Wednesday of a receiver for the Mansfield Machine works, today came the failure of Lyman A. Strong of the Strong Elevator company. who also had an interest in the grain firm of Strong & Lauk of Bucyrus, O. Mr. Strong was a depositor in the Sturges bank. Today he filed a deed of assignment in the probate court to Attorney William McWeldon and S. Brainard Leiter, the latter formerly having been associated in business with him. Mr. Strong has been in business here since 1865 and was considered wealthy. His assets are estimated at $60,000 and liabilities more than that amount. He owns a grain elevator on East Fourth street and also bought wool heavily. He had other real estate. No schedule has yet been filed.
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Another Failure at Mansfield, O. Mansfield, O., July 6.-Following the failure of Willis M. Sturges, owner of the Sturges bank, and the appointment on Wednesday of a receiver for the Mansfield Machine works. yesterday came the failure of Lyman A. Strong. of the Strong Elevator company, who also had an interest in the grain firm of Strong & Lauk. of Bucyrus. O. Strong was a depositor in the Sturges bank.
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Another Failure at Manafield, o. Mansfield. O., July 6.-Following the failure of Willis M. Sturges, owner of the Sturges bank, and the appointment on Wednesday of a receiver for the Mansfield Machine works. yesterday came the failure of Lyman A. Strong. of the Strong Elevator company. who also had an interest in the grain firm of Strong & Lank. of Bucyrus. O. Strong was a depositor in the Sturges bank.
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Another Mansfield Failure. MANSFIELD. O., July 5.-Foilowing the failure of Willis M. Sturges, owner of the Sturges Bank, and the appointment on Wednesday of a receiver for the Mansfield machine works, to-day came the failure of Lyman A. Strong, of the Strong Elevator Company, who also had an interest in the grain firm of Strong & Lauck, of Bucyrus, O. Strong was a depositor in the Sturges Bank. To-day he filed a deed of assignment in the Probate Court to Attorney William McC. Weldon and S. Brainerd Leiter, the latter formerly having been associated in business with him. Strong has been in business here since 1865 and was considered wealthy. His assets are estimated at $60,000 and liabilities more than that amount.
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# Private Bank Fails. Sturges bank, of Mansfield O, a private institution, closed its doors, following the filing of a deed of assignment by Banker Sturges to Attorney H. B. Dirlam. Sturges owned lumber works, real estate and a controlling interest in the Mansfield Machine works, the latter capitalized at $300,000. Wednesday afternoon A. Peck was appointed receiver for the Mansfield Machine works. Sturges was a close friend of the late John Sherman.
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Private Bank Fails. Sturges bank, of Mansfield 0, & private institution, closed its doors, following the filing of a deed of assignment by Binker Sturges to Attorney H. B Dirlam. Sturges owned lumber works, real estate and a controlling interest in the Mansfield Machine works, the latter capitalized at $300,000. Wednesday afternoon A. Peck was appointed receiver for the Mansfield Machine works. Sturges was a close friend of the late John Sherman.
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Private Bank Fails in Ohio. The Sturges Bank at Mansfield, Ohio, failed to open its doors the other day, and is in the hands of a receiver. The closing of the bank was followed by the assignment of Willis M. Sturges, its owner, and by the appointment of a receiver for the Mansfield Machine Works, capital $300,000, controlled by Mr. Sturges and his associates.
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Grain Dealer Goes Under. Following the failure of William M. Sturges, owner of the Sturges Bank, and the appointment of a receiver for the Mansfield Machine Works, came the failure of Lyman A. Strong, of the Strong Elevator Company, of Mansfield, Ohio, who also had an interest in the grain firm of Strong & Lauk, of Bucyrus, Ohio. Strong was a depositor in the Sturges Bank.
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Ohio Bank Goes Under. The Sturges bank at Mansfield, Ohio, closed its doors Thursday morning, when its owner filed a deed of assignment. Sturges the owner, was reputed to worth $150,000. He held a controlling interest in the Mansfield machine works, capitalized at $800,000, which went into the hands of a receiver today. Sturges was a close business friend of the late John Sherman.
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Private Bank Fails in Ohio. The Sturges Bank at Mansfield, Ohio, failed to open its doors the other day. and is in the hands of a receiver. The closing of the bank was followed by the assignment of Willis M. Sturges, its owner, and by the appointment of a receiver for the Mansfield Machine Works, capital $300,000, controlled by Mr. Sturges and his associates.