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BUSINESS TROUBLES. Manufacturers' Bank of West Duluth in Receiver's Hands. DULUTH, Minn., Sept. 2. - The State Bank Examiner has taken charge of the Manufacturers' Bank at West Duluth, and C. E. Beaslee has been appointed receiver. The failure is attributed to the bank's inability to realize on its assets. Deposits are about $40,000.
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Daus maamner in charge. DULUTH, Sept. 3.-State Bank Examiner Kenyon has taken charge of the Manufacturers' bank of West Duluth and C. E. Peaslee has been appointed receiver. The failure was attributed to the bank's inability to quickly realize on its assets. Deposits are about $40.000.
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Minnesota Bank Goes Under. Duluth, Sept. 3.-The state bank examiner has taken charge of the Manufacturers bank of West Duluth, and C. E. Beaslee has been appointed receiver. The failure was attributed to the bank's inability to quickly realize on its assets.
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BUSINESS TROUBLES. Bank in Receiver's Hands. Duluth, Minn., Sept. 3.-The Manufacturers' bank of West Duluth has been placed in the hands of a receiver by order of the state bank examiner. Deposits amount to $40,000.
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News in Brief. 0. Nolan, while under the influence of liquors, fell over the high embankment at the Union depot in Minneapolis and broke his back. During the carnival parade at Minneapolis, E. L. Walsh was knocked down by a horse and his left leg broken twice. Gus Mueller, of Rochester, committed suicide by shooting himself in the abdomen. Cause: Despondency over his health. State Bank Examiner Kenyon has taken charge of the Manufacturers' bank, of West Duluth, and C. E. Peaslee has been appointed receiver. The failure is attributed to the bank's inability to quickly realize on its assets. Deposits are about $40,000.
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News in Brief. O. Nolan, while under the influence of liquors, fell over the high embankment at the Union depot in Minneapolis and broke his back. During the carnival parade at Minneapolis, E. L. Walsh was knocked down by a horse and his left leg broken twice. Gus Mueller, of Rochester. committed suicide by shooting himself in the abdomen. Cause: Despondency over his health. State Bank Examiner Kenyon has taken charge of the Manufacturers' bank, of West Duluth, and C. E. Peaslee has been appointed receiver. The failure is attributed to the bank's inability to quickly realize on its assets. Deposits are about $40,000. bout two w.eks ago a stranger giving his name is Earl Wood came to Freese & Freese's livery stable, in Willmar, and rented a team on pretense of going out to set up threshing rigs. Wood not returning, the authorities were sent in search of him. The team was found in Paynesville, where he had sold it for $40. He was arrested near Duluth and brought back by Sheriff Odell. In the hearing in the municipal court bonds were fixed at $400. Not being able to furnish this, Wood was placed in the county jail to await the action of the grand juay. D. B. Morrison, a Winona shoe dealer, bas closed his doors.
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News in Brief. O. Nolan, while under the influence of liquors, fell over the high embankment at the Union depot in Minneapolis and broke his back. During the carnival parade at Minneapolis, E. L. Walsh was knocked down by a horse and his left leg broken twice. Gus Mueller, of Rochester, committed suicide by shooting himself in the abdomen. Cause: Despondency over his health. State Bank Examiner Kenyon has taken charge of the Manufacturers' bank, of West Duluth, and C. E. Peaslee has been appointed receiver. The failure is attributed to the bank's inability to quickly realize on its assets. Deposits are about $40,000.
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Throughout the North The cotton print mills at Fitchburg, Mass., has resumed operation after a nine week's shut-down. I At Pittsburg, Pa., Joseph Orozz was hanged for murdering his sweetheart, Theresa Bobok, January 8, 1896. 1 The American Watch Factory, at Waltham, Mass., has begun work again with a full set of hands and will run on full time. I At Van Cleek, Ont., the Commercial Hotel, owned by George Constantineau, was partly destroyed by fire and five pearsons were burned to death. 1 The Manufacturers' Bank of West Duluth, Minn., has been placed in the hands of a receiver by order of the State Bank Examiner. Deposits amount to $40,000. Chas. E. Warburton, proprietor of the Philadelphia Evening Telegraph, is dead of fatty degeneration of the heart. He had been in poor health for a long time. F. Klinkert, brewer, has made an assignment for the benefit of his creditors, at Racine, Wis. The assets are said to be $200,000, while the liabilities will not reach over half or three-quarters of that sum. In the presence of 8,000 spectators at Fleetwood Park, New York, Wednesday, John R. Gentry lowered the colors of Robert J., Frank and Star Pointer, winning the most remarkable harness race on record and pacing three heats in 2:31, 2:31 and 2:31. the fastest time ever known for three consecutive miles. At the New York Rifle Association meet at Seagrit, N. J., the team of the First Cavalry of Georgia won the carbine school prize. The first team of the Engineer Cory, District of Columbia, won the match at 200 and 500 yards. The team of the First Infantry of Georgia won the inter-state regimental match.
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HISTORY OF A WEEK. Thursday, Sept. 3. The Minnesota state bank examiner has taken charge of the Manufacturers' bank of West Duluth, and C. E. Peaslee has been appointed receiver. The tenants of the Ewart building at 11 to 21 Jefferson street, Chicago, paid T. F. Dowd, the agent, in silver because he is a Bryan man. There were 350 silver dollars. Every employe of the secretary of war's office has been placed under the civil service law, with the exception of two confidential clerks. This includes messengers and laborers of all kinds. Thomas H. Phillips, a prominent capitalist at Ottumwa, Ia., was killed by a Burlington switch engine. He was driving and his horses became frightened and ran on the tracks. An old man giving the name of Harry Beetle passed a worthless check for $10 on Charles Pangritz, a dentist, at Chicago. The Clyde and Belfast shipbuilders have settled their differences with their employes by conceding the advance in wages demanded by the men.
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"SOUND MONEY" AND THE BANKS. The Manufacturers' Bank of West Duluth wentof business. Couldn't meet its liabilities-in "gold." La Maida Bros. & Andrale, bankers, New York and Philadelphia, failed. Couldn't meet $30,000 of liabilities with $60,000 of assets. State Land and Trust Co, Ogallala, Neb., capital $25,000, loans and discounts $58,665, gone under the gold standard. The Bank of National City, Cal, insolvent. Receiver appointed. Union National Bank, Sioux Falls, S. D, gone. The First National Bank of Beatrice, Neb., closed doors. Couldn't pay $110,000 of liabilities with $250,000 of assets. See! $25 of honest property assets, will not pay $11 of gold standard debt. Beatrice Neb, Savings Bank also gone under, with $290,000 gold standard dollars-all of the savings from the toil of the honest laborers of that vicinity. American National Bank of New Orleans closed. Funds found squandered. Officers arrested. Three more bank failures in New Orleans las week.
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SHERIFF'S EXECUTION SALE. Under and by virtue of an execution issued out of and under the seal of the District Court of the State of Minnesota in and for the 11th Judicial District, Counties of Lake and Cook, on the 20th day of July, 1898, upon a judgment rendered and docketed in said court in said Counties on July 8th, 1898, in an action therein, wherein C. E. Peaslee, Receiver of the Manufacturers Bank of West Duluth was plaintiff, and S. Sianhope Williamson and Eveleth W. McCormack, co-partners as Williamson & McCormack, were defendants, in favor of said plaintiff. C. E. Peaslee as receiver and against said defendants S. Stanhope Williamson and Eveleth W. McCormack, for the sum of $4812.84, which execution has to me as sheriff of said Counties of Lake and Cook been duly directed and delivered. I have levied upon and will sell at public auction to the highest cash bidder, at the front door of the Court House in the town of Grand Marais, in said County of Cook. Minnesota, on Monday, the 26th day of September. 1898, at ten o'clock in the forenoon of said day, all of the right. title and interest that the above named judgment debtor Eveleth W. McCormack had in and to the real estate hereinafter described on the 8th day of J uly, 1898, or at any time thereafter, that being the date of the docketing of said judgment in said county of Cook, the description of said property being as follows: The Southeast quarter of the North quarter and the Northeast quarter of the Southwest quarter, and Lots three (3) and six (6) all in Section 6, Township 64 North of Range 2 West of the 4th Principal Meridian in Cook County, Minnesota. Dated July 26th. 1898, HENRY H. WILSON, Sheriff of Lake and Cook Counties, Minnesota. WASHBURN. LEWIS & BAILEY, Attorneys for Plaintiff, 500-505 Lonsdale Bldg.. Duluth, Minn, Aug. 6-13-20-27, Sept. 3-10.
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not yet been decided on. Every section of the country will be represented at th shows, and it will bring to the city mor blooded cattle than were ever before as sembled here at one time. He Must Quit. The supreme court upholds Governo Van Sant in his suspension of Sherif Megaarden of Hennepin county. In : decision filed this afternoon and writter by Judge Lovely, the court holds tha the power to remove an official after in vestigation implies authority to suspende pending the proceedings. The writ of ouster prayed for by th attorney general will be issued at once When it is served Megaarden must cease to exercise his functions as sheriff or b in contempt of court. News Notes. Dr. J. A. Garver, of Dodge Center was burned to death by his clothing be coming ignited from an open grate. The Richmond House, at Torah, was destroyed by fire. The Mississippi, at Winona, has beer frozen over and is only six inches above low-water mark. While there is no official utterance, i seems to be expected that Gov. Var Sant will call the Minnesota legislature in extra session sometime in February to consider the report of the tax com mission. Attorney General Douglas i: proceeding on the assumption that ex isting Minnesota laws give all the pro tection needed to prevent the consolida tion of parallel lines of railroad, and will not ask new legislation, even if ar extra session is called. N. J. Schafer, president of the Firs National Bank, of Owatonna, has sold to B. B. Sheffield, L. Peavey and A. B Blodgett, of Faribault, a controlling in terest in the bank, including the building Harlow A. Gale, a pioneer resident o Minneapolis, died at the residence of hi daughter, Mrs. E. J. Tryon, after a long illness. The owners of the Chicago railroad seem to be much, or even more inter ested than the people of the Northwes in preventing the "community of inter ests" of the Pacific railroads. The have a vision of the business of th northwest going to the Orient instea of to the windy city. When the north west sells its products in the Orient i will have a bigger customer than Chi cago. C. E. Peaslee, receiver for the Manu facturers' Bank of West Duluth, one o the banks that went up on the panic, ha applied to the district court for an orde to sell the last of the assets, and h states in his application that he will re alize enough to pay all claims in full. Milwaukee & St. Paul surveyors ar running a line from Zumbrota to Fari bault. The presumption is that the nar row gauge line from Zumbrota to Wa basha will be made of standard gauge. The case against Chief of Police Cran dall, charged with malfeasance in offic for issuing an order permitting saloon to be open between I and 8 p. m. on Sur days, came to a sudden end after th jury had been drawn, the court holdin indictment bad, and directing a verdi of not guilty. The Pioneer Press, of St. Paul, ha arranged for a 30-day trip through th south, visiting the coasts of Florida, C1 ba and the Bahama Islands. Tickets ai based on actual cost and include all ex penses. The party will be limited an will leave the Twin Cities via the Nortl western route, as shown by particular elsewhere. The Faribault rug factory was de