7963868191013 796386819
hash
b68aa73eae757574None
Click image to open full size in new tab
More Suspensions. (By telegraph to the Dispatch.] ERIE, Pa., May 19.-The Erie County Savings Bank, of this city, suspended this morning. Its capital is $150,000 and its liabilities $800,000. It is said that the president has been dabbling in oil. He has left the city. NEW YORK, May 19.-W. B. Scott & Co., stock brokers. have suspended.
Click image to open full size in new tab
SUSPENDED BANKS-The Erie county Savings bank of Erie, Pa., and the banking house of Brennan & Co., of Charlottesville, Va., suspended yesterday. Application has been made in New Jersey for an order to require President Dodd, of the Newark savings bank, to show cause why he should not be punished for disobedience of the order of the court of chancery in removing the bank's assets out of the state.
Click image to open full size in new tab
Suspended. ERIE, Pa., May 10.-The Erie county Savings Bank suspended this morning. It is said that the president has been dabbling in oil. He is said to have left the city. PETERSBURG, G., May 19.-In consequence of heavy runs on it as well as on other banks, the Planters' & Mechanics' bank has suspended.
Click image to open full size in new tab
Suspensions ERIE, Pa., May 19.-The Erie County Savings bank has suspended. NEW YORK, May 19.-W. B. Scott & Co., brokers, have suspended.
Click image to open full size in new tab
A Busted Savings Bank. EIRIE, PA.. May 19.-The Erie county savings bank, of this city, suspended this morning. Capital, $150,000; liabilities, $300,000. It is said the president has been dabbling in oil. He has left the city.
Click image to open full size in new tab
A Slick Scoundrel. ERIE, PA., May 25.-President A dam Brabender, of the defunct Erie County ERVings back, has returned 10 Erie He admits that he and Cashier Pettis Inst $100,000 in grain and o! speculations. Brabender also admin that he took funds 01 the bent, paid it to friends and left, and exonerates the cashier. He is now in jail for safety. An execution will be issued tomorrow. probably to keep him there, There 18 great feeling against him. The paper in the bank 18 turning out wortbless Brabender has assigned private property valued at $100,000 to creditore, but it will not pay all, and the stockholders will probably lose $200,000 to $250,000, and many will be ruined.
Click image to open full size in new tab
THE ERIE BANK. Swamped by Speculations of Its President in Oil and Grain. ERIE, PA., May25.-President dam Brabendar of the defunct Erie County Savings bank has returned to Erie. He admits that he and Cashier Pettit lost $100,000 in oil and grain. Brabendar also admits that he took the money of the bank and paid it to his friends and in jail left, and exonerates the cashier. for now is He be will Execution safety. issued to-morrow morning probably to keep him there. as there is great feeling against him. The paper in the bank is turning out to be worthless. Brabendar has assigned his private property, valued at $100,000. to his creditors, but it will not pay them, and the stockholders will probably lose from $200,000 to $250,000, and many will be ruined.
Click image to open full size in new tab
FAILURES on the 19th inst., were: M. Morton, crockery dealer, New York, liabilities $25,000; H. B. Scott & Co., broker, New York; City Exchange Bank of La Porte, Ind., liabilities $36,000; Howell & Co.'s bank at Spokane Falls, W. T.: The Planters' and Mechanics' Bank at Petersburg, Va., suspension temporary; a speculating president ruined the Erie County Savings Bank, at Erie, Pa., capital of the institution $150,000, liabilities $300,000. W. H. SMITH, of Rockford, Ill., came to life on the 19th, just as his funeral obsequies were about to commence. COHEN'S cigar factory at Chicago shut down on the 17th. Three hundred and fifty employes were discharged.
Click image to open full size in new tab
There were 232 failures in this country during the seven days ending on the 23d, an in crease of twenty-three over the previous week. J. M. Wood, proprietor of the Blake House. Racine, Wis., failed on the 23d inst. He owed $6,700. The Pennyslvania Bank, of Pittsburg, was forced to close its doors against frightened depositors on the 21st inst., after standing a run for several days. A speculative president ruined the Erie County Savings Bank, at Erie, Pa. The capital of the institutions is $150,000 and its liabilities foot up $300,000. M. Morton, crockery dealer, New York, has added his name to the list of failures. Liabilities $25,000. The liabilities of the City Exchange Bank, of La Porte, Ind., are $36,000; assets, $21,000. The failure of Howell & Co.'s ban at Spokane Falls. W. T., is announced. H. B. Scott & Co., brokers, New York, have failed.
Click image to open full size in new tab
A Bank President in Jail, ERIE, Pa., May 26.-President Adam Brabender, of the defunct Erie county savings bank, has returned to Erie. He admits he and Cashier Pettit lost $100, 000 in grain and oil speculations. Brabender also admits he took money of the bank and paid it to friends and left and exonerates the cashier. He is now in jail for safety, but executions will be issued to-morrow morning and they will probably keep him there. There is a great feeling against him. Paper in the bank 18 turning out worthless. Braben. der assigned his private property valued at $100,000 to his creditors, but it will not pay all and the stockholders will probably lose $200.000, to $250,000 and many will be ruined.
Click image to open full size in new tab
Returned and Imprisoned. EREE, PA., May 25.-President Adam Brabender, of the defunct Erie County Savings Bank, has returned to Erie. He admits that he and Cashier Pettit lost $100,000 in grain and oil speculations. B. Brabender also admits that he took the money of the bank, paid it to friends and left. He exonorates the cashier. He is now in jail for safety, but executions will be issued to-morrow morning which will probably keep him there. There is great feeling against him. His paper in the bank is turning out worthless. Brabender has assigned his private property, valued at $100,000, to his creditors, but it will not pay them, and the stockholders will probably lose $200,000 to $250,000, and many will be ruined.
Click image to open full size in new tab
ERIE COUNTY SAVINGS BANK. ERIE, Pa., May 27.-President Brabender, of the defunct Erie counFy savings bank has returned to Erie. He admits that he and Cashier Pettit lost $100,000 in grain and oil sp. culations. Brabender also admits that he took money out of the bank and paid it to friends and left. He exonerates the cashier. Brabender has assigned his private property valued at $100.000 to creditors but it will not pay them, and stock holders will probably lose $200,000 or $250,000. Many will be ruined. THE UNION PACIF'C PASSES ITS DIVI-
Click image to open full size in new tab
Returned and Imprisoned. ERIE, PA., May 25.-President Adam Bra. bender, of the defunct Erie County Savings Bank, has returned to Erie. He admits that he and Cashier Pettit lost $100,000 in grain and oil speculations. B. Brabender also admits that he took the money of the bank, paid it to friends and left. He exonorates the cashier. He is now in jail for safety, but executions will be issued to-morrow morning which will probably keep him there. There is great feeling against him. His paper in the bank is turning out worthless. Brabender has assigned his private property, valued at $100,000, to his cred. itors, but it will not pay them, and the stockholders will probably lose $200,000 to $250,000, and many will be ruined.
Click image to open full size in new tab
RASCALLY BANK OFFICERS. How the Erie County Bank was Robbed. ERIE, Pa., May 25 -President Adam Brabender of the defunct Erie county savings bank has returned to Erie and admitted that he and Cashier Pettit lost one hundred thousand dollars in grain and oil speculations. Brabender also admits that he took the money of the bank and paid it to friends and left. He exonerates the cashier who is now in jail for safety, but an execution will be issued to-morrow morning, probably, to keep him there. There is a strong feeling against him, the paper in the bank turning out worthless. Brabender has assigned his private property valued at $100,000 to the creditors, but it will not pay them all. The stockholders will probably lose two hundred to two hundred and fifty thousand dollars and many will be ruined.
Click image to open full size in new tab
FAILURES on the 19th inst., were: M. Morton, crockery dealer, New York, liabilities $25,000; H. B. Scott & Co., broker, New York; City Exchange Bank of La Porte, Ind., liabilities $36,000: Howell & Co.'s bank at Spokane Fails, W. T. : The Planters' and Mechanics' Bank at Petersburg, Va., suspension temporary; a speculating president rnined the Erie County Savings Bank, at Erie, Pa., capital of the institution $150,000, liabilities $300,000. ON the 18th inst., a cyclone near Quincy, Iil., destroyed a large amount of property.
Click image to open full size in new tab
General D. B. M'Creary's Loss. General D. B. M'Creary, attorney, and a director of the defunct Erie County Savings Bank, made a deed yesterday to the receiver of all of his real estate, valued at $15,000, for the benefit of the unfortunate depositors. He was Adjutant General of Pennsylvania under Governor Geary, commanded a brigade in the late war. General M'Creary is well-known in Harrisburg, and has many friends here who will not only regret to hear of his losses, but extend hopes that he will retrieve his fortunes and again be prosperous.
Click image to open full size in new tab
A BANK PRESIDENT IN JAIL-Adam Brabender, the bank president who wrecked the Erie (Pa.) county savings bank, and who on his return from abroad took retuge from the violent depositors by seciuding himself in the county jail, was last night arrested at the instance of a depositor on a charge of embezzling the bank's funds to the amount of $140,000. Brabender officiated last Sunday at the laying of the corner stone of the church of which he is trustee, and whose funds he drew out of the bank before It suspended. He was committed to the county jail in default of $100,000 ball.
Click image to open full size in new tab
TELEGRAPHIC BREVITIES. Bowdoin College has conferred the degree of Doctor of Law on Blaine. Best & Co., dealers in children's clothing, in New York, have assigned. Liabilities, $180,000. A Boston dispatch says that Coggswell has presented that city with a fountain, to be located on the Common. The demand for ostrich plumes has increased very much since Blaine was nominated, and the price has gone up nearly one-fourth. A German girl, aged 6 years, arrived in New York Wednesday. She has thick, bushy whiskers. Her parents design her forshow business. A special from London says: It is asserted that Patti proposes to take advantage of the new divorce law in France by immediately applying for a divorce from her husband. the Marquis Caux. George W. Ross, the well-known musician and song-writer, died suddenly of consumption Wednesday at a cheap Bowery lodging-house in New York. He was once a violinist in Dan. Bryant's minstrels. A special from Washington says: It is reported General Swaim intends to resign from the army rather than face A Court-martial. It is thought the President won't accept it, but will make him face the music. President Asa Brabender, who, it is said, caused the wreck of the Erie County Savings Bank and had to take refuge in jail from a mob, was arrested in Erie. Pa., Wednesday. In default of $100,000 bail he was committed to jail. Pat Rooney, the Irish variety actor, is in trouble about money matters in New York. Wednesday he swore that all he passessed were clothes, a watch and a diamond pin. There being judgment against him a receiver was appointed. The Baltimore Manufacturers' Record publishes the semi-annual statement of the progress of the South, showing that during the last six months nearly $70,000,000 had been invested in new industrial enterprises and in enlarging those already established. The New York Times says: Lord Mandeville is in bad odor at Long Branch. He has not paid his betting debts and there is a movement to expel him from the Monmouth Park race course. He is reported ill in the city, having taken sixty grains of quinine.
Click image to open full size in new tab
Pupils of Salmi Morse. ERIV, Pa, October 3.-Leo Schreck and wife and John Fleike had $118 deposited in the Erie County Savings Bank. When the bank suspended the loss of the money drove them insane. Thinking afterwards they were committing a great sin, they inflicted self-flaggelation. Today two officers saw the man and his wife digging a grave in their backyard. He entered and found that they intended to enact the death of Christ, to be followed by the killing of children to represent Herod's slaughter of innocents. All were arrested.
Click image to open full size in new tab
A Family of Cranks. ERIE, Pa., Oct. 4.-Leo Schreck and wife and John Flicke had $118 deposited in the Erie County Savings bank. When the bank suspended the loss of the money drove them insane. Thinking afterwards they were committing a great sin they inflicted self fläggelation. To-day two officers saw the man and wife digging a grave in the back yard. The house was entered and it was found they intended to enact the death of Christ, to be followed by killing the children to represent Herod's slaughter of the innocents. All were arrested.
Click image to open full size in new tab
Two Deaths From Bank Failures. Eur, PA., June 2.-Frank Maguire, a demented depositor of the wretched Erie County Savings Bank, deliberately shot his twelve-year old sister this afternoon, sending a ball through her body and another through her wrist. He had brooded over the lots of his savings until his mind are way. This is the fourth tragedy that has arisen out of the savings bank villainy. This morning Hon Jesse Obersole, one w the principal stockholders in the Humboldt Bank, which recently suspended, died of brain softening. His losses and liabilities as stockholder preyed upon him, caasing death. The demise of the last bank was honorable, that of the former inlamous.
Click image to open full size in new tab
TRAGEDIES DUE TO BANK FAILURES.-At Erie, Pa., Monday, Frank Maguire, a demented depositor of the wrecked Erie County Savings bank, shot his twelve-year-old sister through her body and arm. He had brooded over the loss of his savings until his mind gave way. This is the fourth tragedy arising out of the bank villainy. The girl will die. Monday morning Jesse Ebersole, one of the principal stockholders in the Humboldt bank, which suspended lately, died of brain-softening. His losses preyed upon his mind and caused his death.
Click image to open full size in new tab
FRIE 111.1.. time aftern ERIE, June 1.-This afternoon Frank N Maguire, a demented dépositor of the wrecked Erie County Savings Bank, deliberately shot his twelve-year-old (cister, one ball passing through her body Have and a second through her brin He had brooded over the loss of his sav ings until his mind gave way. This is the fourth tragedy arising out of the bank villainy. The girl still lives, but will die. This morning Jesse Ebersole, one of the principal stockholders in the Humbolt Bank, which suspended lately died of brain-softening. His losses and the recent judgments entered against him preyed upon his mind and caused his death. The demise of the latter bank was honorable.