National Bank - Vicksburg, MS

1. June 22, 1867 The Evening Telegraph Philadelphia, PA

Article from The Evening Telegraph, June 22, 1867

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Another National Bank Collapsed. LOUISVILLE, Ky., June 21.-Bankers here who hold balances against the First National Bank of Vicksburg, have intelligence that it has suspended. It is reported that the officers of the bank asserted that If they could borrow $25,000 they could meet their obligations. A capitalist offered to assist them, but on examining the condition of the institution refused; and common report says they have suspended. Bankers in this city holding collection drafts against the bank have telegraphed to inquire if they have been honored, and receive no answers.

2. June 22, 1867 The New York Herald New York, NY

Article from The New York Herald, June 22, 1867

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ANOTHER NATIONAL BANK SOLLAPSED. SPECIAL TELEGRAM TO THE HERALB. LOUISVILLE, Ky., June 2. 1867, 7 o'Clock F. M. Bankers here who hold balances against the First National Bank of Vicksburg have intelligence that 16 has suspended. It is reported that the officers of the bank asserted that if they could borrow $25,000 they could meet their obligations. A capitalist offered to assist them, but on examining the condition of the institution refused, and common report saya they have suspended. Bankers in this city holding collection drafts against the bank have telegraphed , to inquire if they have been honored, and receive no-answers.

3. June 23, 1867 The Daily Gate City Keokuk, IA

Article from The Daily Gate City, June 23, 1867

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FROM LOUISVILLE. NEW YORK, June 22. The Herald's Louisville special says that a New York National Banking house recently sent out circulars assessing all the National Banks one sixteenth per cent. on their capital, to form a fund to buy up Congress and defeat the opposition of the monopoly. Should all the banks respond the fund will amount to over two million dollars. I have seen the circular. Bankers here, who hold balances against the First National Bank of Vicksburg, have intelligence that it has suspended. It is reported that the officers of the bank asserted that if they could borrow $25,000 they could meet their obligations. A capitalist offered to assist them, but upon examining the condition of the institution refused, and common report says that they have suspended.

4. June 23, 1867 Nashville Union and Dispatch Nashville, TN

Article from Nashville Union and Dispatch, June 23, 1867

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BY TELEGRAPH NOON DISPATCHES. National Banks and Congress. LOUISVILLE, June 22-A New York national banking house recently sent out circulars assessing all the national banks one-sixteenth per cent. on their capital, to form a fund to buy up Congress, and defeat the opposition of the monopoly. Should all the banks respond the fund will amount to over two millions of dollaas. I have seen the circular. Bankers here who hold balances against the First National Bank of Vicksburg, have intelligence that it has suspended; it is reported that the officers of the bank asserted, that if they could borrow twenty-five thousand dollars they could meet their obligations--a capitalist offered to assist them but upon examining the condition of the institution refused, and common report says they have suspended.

5. June 27, 1867 Marshall County Republican Plymouth, IN

Article from Marshall County Republican, June 27, 1867

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It is reported in New York that the First National Bank of Vicksburg has suspended.

6. July 5, 1867 Wilmington Journal Wilmington, NC

Article from Wilmington Journal, July 5, 1867

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Another National Bank Collapsed. LOUISVILLE, Kr., June -Bankers - here who hold balances against the First National Bank of Vicksburg have intelligence that it has suspended. It is reported that the officers of the bank asserted that if they could borrow $25,000 they could meet their obligations. A capitalist offered to assist them, but, on examining the condition of the institution, refused, and common report says they have suspended.Bankers in thiscity holdingcollection drafts against the bank have telegraphed to enquire if they have been honored, and receive no answers.

7. January 18, 1868 Public Ledger Memphis, TN

Article from Public Ledger, January 18, 1868

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BANK SUSPENSION IN VICKSBURG.-The First National Bank of Vicksburg has suspended. The Times says: Depositors and creditors will be secured against loss, as they are paid before stockholders, and, if necessary, the latter are assessed to make good any balances due creditors of the bank The Court has appointed David B. Rundle receiver, who will adjust the affairs of the institution as speedily as possible. We were told that another concern, known as the Freedmen's Savings Bank, would be compelled to suspend, as they had a balance of $4600 on deposit at the First National, but afterwards learned that the Savings Bank would endeavor to continue in operation by making partial payments of their indebtedness, until they recover the amount locked up in the National Bank.

8. January 19, 1868 New Orleans Republican New Orleans, LA

Article from New Orleans Republican, January 19, 1868

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SUSPENSION OF THE VICKSBURG NATIONAL BANK.-The Vieksburg Herald of the 15th reports that the National bank of that city suspended about noon on Tuesday, the 14th. The same bank had some financial trouble last summer, which was, however, soon arranged satisfactorily. At least it was so reported. The Herald, in connection with the report of the suspension, says the depositors will lose nothing.

9. January 24, 1868 The New Orleans Crescent New Orleans, LA

Article from The New Orleans Crescent, January 24, 1868

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FIRST NATIONAL BANK OF VICKSBURG.-This bank, the suspension of which we announced several days ago, has been taken possession of by Mr. Moses Bates, recently of this city, who has been authorized by the controller and secretary of the treasury of the United States to close up its affairs. Mr. Bates is now in Vicksburg, engaged in that duty.

10. February 3, 1868 Evening Star Washington, DC

Article from Evening Star, February 3, 1868

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Archbishop Manning, of England, is to be included in the new list of cardinals. The First National Bank of Vicksburg has suspended payment.

11. May 26, 1868 New-York Tribune New York, NY

Article from New-York Tribune, May 26, 1868

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WASHINGTON. SOMNOLENCY IN THE SENATE-MR. CARY ON REPUDIATION-THE CIGAR STORY-ARREST OF WOOLLEY-THE NEW DEMOCRATIC CANDIDATE-THE POLITICAL HORIZON. ABY TELEGRAPH TO THE TRIBUNE. WASHINGTON, Monday, May 25, 1868. In the Senate to-day the proceedings were dull and uninteresting. A general air of drowsiness prevailed in the chamber. A memorial of captains and pilots on the Ohio River, protesting against the construetion of any more bridges over that river of less than 500 feet span, was referred to the Committee on Post Offices and Post Roads. Mr. Trumbull gave notice that he should call up the bill admitting Arkansas to representation in Congress on Wednesday next. Mr. Drake offered a substitute for the entire bill. The army appropriation bill and one or two other measures of no general importance were passed, after which the Senate adjourned. In the House to-day, Mr. Carey of Ohio introduced a buncombe repudiation resolution, which was referred to Committee. Judge Schofield made a report from the Committee of Elections, deciding in favor of Mr. Delano In the contested election case of Delano agt. Morgan, of the XIIIIth District of Ohto. Mr. Delano is a Republican. The sitting member, Morgan, is a Democrat. Mr. Scheuck promised to call up the new Internal Tax bill on Wednesday next, and asked immediate action. Conweiderable debate followed on this subject, during which a Mesire to adjourn at an early day was developed. Mr. Schenck thought that the House could finish the Tax bill In three weeks, but others thought it would take two months. Mr. Washburne of Illinois and Mr. Eliot advoxated the postponement of the bill until next session, and tsaid that they would so demand when the bill should properly come before the House. This question of adjourning early in July and leaving over to next session the Tax and Tariff bills and all the big schemes before Congress is to be tested when the Tax bill comes up. Mr. Washburne will ask for a vote to get the sense of the House. The Grant and Colfax cigar story has got into the papers incorrectly, and this is really what occurred: The Speaker was at the Headquarters the morning before the nomination, reading to the General his Chicago telegrams up to midnight, which the General had wished to see. Both were smoking, and the General asked, Where do you get these cigars that are named for you? They suit my taste exactly." The Speaker replied that a RepubCican German, named Henry Bernd, at Danbury, Conn., had named them for him; and he, with other CongressNmen, used them exclusively. The General immediately twrote a letter ordering a thousand, and, as he has not the )franking privilege, the Speaker said as the letter was for Colfax cigars he would depart from his usual rule of not branking letters for others, and franked it. When it reached Danbury, the German had the Republican candidates for President and Vice-President on one letter. The Sergeant-at-Arms(of the House arrested Mr. Woolley to-night, in his rooms in a hotel here, and now has him in custody. He will appear before the Bar of the House tomorrow and make answer through his counsel, Messrs. Merrick and Brent. A large erowd visited the White House to-day, Collect I Emythe was among the callers. A special dispatch from Baltimore says that ChiefJustice Chase is urged as the Democratic candidate for the Presidency, as he can unite all the Democratic factions, and in addition get many electoral votes from the South, and combine the support of Conservative dissatisfied Republicans. This rumor has excited considerable interest here to-day, owing to the faet that it is supposed to emanate from the White House, as the correspondent who wrote the dispatch holds the place of official stenographer to the President. [Evening Post. It 18 the intention of the Light-House Board to substitute iron screw-pile light-houses for the light-ships now in service, as far as may be practicable. Several have been already substituted, and the work is to be pushed Forward as rapidly as possible. One of the Nez Perce Indians who arrived here about a |week ago from Idaho, with a delegation of four of that tribe in charge of Agent O'Neill, died this morning, aged 175 years. Special orders from the War Department, issued to-day, announce that Brevet Major-Gen. C. House has been assigned to the command of Fort Washington, Md., and that Col. William Chapman has been retired from the service, and relieved from duty in the Second Military District. The Controller of the Currency has declared the bonds to secure circulation deposited with the United States Treasurer by the National Bank of Vicksburg, Miss., forfeited to the Government, that bank having failed to redeem its notes. The Chicago delegates and visitors are returning full of confidence in the ticket. The organization of the party for the campaign has already commenced. Gov. Claflin of Massachusetts has been appointed Chairman of the National Executive Committee. Speaker Colfax will take the stump on the adjournment of Congress.

12. December 8, 1868 The New York Herald New York, NY

Article from The New York Herald, December 8, 1868

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THE CURRENCY. REPORT OF COMMISSIONER H. R. HULBURD. We have alrealy published abstracts of the important report of Hon. H. R. Hulburd, Comptroller of the Currency, and proceed to add those portions not heretofore given as we find them in the full report of the document:NATIONAL BANKS. Since the last annual report twelve national banks have been organized, of which five are new associations. One was organized to take the place of an existing State bank and six were organized to take the place of national banks previously organized but now in liquidation and winding up, making the total number organized up to October, 1685. From this number should be deducted fifty-six, leaving the number in active operation 1,629. The banks to be excluded are the following:Never Completed their Organization so as to Commence Business.-First National Bank of Lansing, Mich., No. 232; First National Bank of Penn Yan, N. Y., No. 169; Second National Bank of Canton, Ohio, No. 463; Second National Bank of Ottumwa, Iowa, No. 195. Superseded by Subsequent Organization with the Same Titles.-First National Bank of Norwich, Conn original No. 65, present No. 458; First National Bank of Utica, N. Y., original No. 120, present No. 1,895. In Voluntary Liquidation.-First National Bank of Columbia, Mo.; First National Bank of Carondelet, Mo.: National Union Bank of Rochester, N. Y.; National Bank of the Metropolis, Washington, D. C.; First National Bank of Leonardsville, N. Y.; Farmers' National Bank of Richmond, Va.; Farmers' National Bank of Waukesha, Wis.; City National Bank of Savannah, Ga.; National Bank of Crawford county, Meadville, Pa.; First National Bank of Elkhart, Ind.: First National Bank of New Ulm, Minn.; Pittston National Bank, Pa.: Berkshire National Bank of Adams, Mass.: Fourth National Bank of Indianapolis, Ind.; Kittaning National Bank, Kittanning, Pa.; First National Bank of Providence, Pa.: National State Bank of Dubuque, Iowa; Ohio National Bank or Cincinnati, Ohio. Since October 1, 1867-First National Bank of Kingston, N. Y.; First National Bank of Blufton, Ind.; First National Bank of Skaneateles, N. Y.; First National Bank of Jackson, Miss.; First National Bank of Downingtown, Pa.; National Exchange Bank of Richmond, Va.: Appleton National Bank of Appleton, Wis.; National Bank of Whitestown, N. Y.; First National Bank of New Brunswick, N.J.; First National Bank of Titusville, Pa.; First National Bank of Cuyahoga Falls, Ohio; First National Bank of Cedarburg, Wis.: Commercial National Bank of Cincinnati, Ohio; Second National Bank of Watertown. N. Y.; Second National Bank of Des Moines. Iowa; First National Bank of South Worcester, N. Y.; National Mechanics' and Farmers' Bank of Albany, N. Y.; First National Bank of Plumer, Pa. or the banks in liquidation the following are winding up for the purpose of consolidating with other banks:-Pittston National Bank, Pittston. Pa., with the First National Bank of Pittston; Berkshire National Bank of Adams, Mass., with the First National Bank of Berkshire; Fourth National Bank of Indianapolis, Ind., with the Citizen's National Bank of Indianapolis; Kittanning National Bank, Kittanning, Pa., with the First National Bank of Kittanning; First National Bank of Providence, Pa., with the Second National Bank of Scranton, Pa.; National State Bank of Duouque, Iowa, with the First National Bank of Dubuque: Ohio National Bank of Cincinnati, Ohio, with the Merchants' National Bank of Cincinnati: First National Bank of Titusville, Pa., with the Second National Bank of Titusville; National Ex change Bank of Richmond, Va., with the First National Bank of Richmond: Second National Bank of Watertown, N. Y., with the First National Bank of Watertown. The following banks in liquidation are succeeded by new organizations, which are to take their circulation as fast as it 18 redeemed, this being the only process by which a change of location can be effected:-First National Bank of Downingtown, Pa., succeeded by the First National Bank of Honeybrook, Pa.: First National Bank of New Brunswick, N. J., succeeded by the Princeton National Bank, Princeton. N. J.: Second National Bank of Des Moines, Iowa, succeeded by the Pacific National Bank of Council Bruds, Iowa: First National Bank or Plumer, Pa., succeeded by the First National Bank of Sharon, Pa. The following national banks have failed to redeem their circulating notes and receivers have been appointed for them:-First National Bank of Attica, N. Y., Leonidas Doty receiver: Venange National Bank of Franklin, Pa., Harvey Henderson. re. ceiver; Merchants' National Bank of Washington, D. C., James C. Kennedy receiver: First National Bank of Medina, N. Y., Edwin P. Healey receiver: Tennessee National Bank of Memphis, Tenn., Willliam A. Hill receiver; First National Bank of Newton, Newtonville, Mass., D. Wayland Jones receiver; First National Bank of Selma, Ala., Cornellus Cadle, Jr., receiver: First National Bank of New Orleans, La., Charles Case receiver; National Unadilla Bank, Unadilla, N. Y., Lewis Kingsley receiver; Farmers' and Citizens' National Bank of Brooklyn, N.Y., Frederick A. Platt receiver; Croton National Bank of the City of New York, C. P. Bailey receiver; National Bank of Vicksburg, Miss., Edwin F. Brown receiver: First National Bank of Keokuk, Iowa, H. W. Sample receiver; First National Bank of Betbel, Conn., E. 8. Tweedy receiver. The affaire of the Frest National

13. May 14, 1870 The Workingman's Advocate Chicago, Philadelphia, Detroit, Cincinnati, IL

Article from The Workingman's Advocate, May 14, 1870

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A BIG BANK MAYS CRADT D.C., Oon the Gardelecommittee bill (No. has reported on Banking which 1,900) bank associations may Treasury 000 $199, $104, therefor in and curren bonds 500,000 of The fact, cy. freegift bank manain 500 per annum gers, on are that terest in of free the now market in the true and, make interest, old devil heaps always saying the the aforean of the credit the of the One numerfor ous bills subbank the at being nobeca scarcely in the all that ticed. They effect the loan to its any limit credit without to United States and all as that bank sociations manage are solid bankers franchise. of or out sharpers of the the credit wildalike. States United in the like this failed a as few city generous ly New York the and A pays 10,000 national the and into receives Treasury in bonds hearing therefor $210,000 of and and the former currency, of The and bondeare his when pay is on The the ing them. currency of in the by used busi bank course regular The may ness, concern its being bank, national circulation and being perad. beyond and the by national venture the with having government to secure States depositWeshington of of podegree circulation, of and obtain palarity. opportunity the same ing that men deposits their have without could never perhaps Being "national" "national" of bank, matter most people to safe and place good must course and deposit, fails before The Support billholders reassociation United States in and bonds return gets as no loss But suffers suppose, interest in with banks case national and New other places, Orleans of the fulls after, by viriue getting, its million or of less, more money. dollars, in the Of such cases, course, noteholders the lose loss come without depositors to the all, and their retire bank manager their enjoy plander. of the bill any sharp Under Garfield "paers can who form may raise $50,00 their secure tional banking association, to enof and work share subsidy to ruin. tioing unwary depositors a not safe are As rule banks national as enthe depend but thous tirely resources of in natheir ands deposit tional character. Congress depositories on their own them because has no right to of the the thus loan credit overnment. on its Let tub own stand bottom. every use Let own their judgment. depositors to They deposit induced with character, of kind. the has The by been created impression that ring banks Treasury national or combave rarely never therefore of the from De the piled records Treasury list of that the banks partment national for and have failed. have been alreadappointed of First Bank N.Y Attica, National of Bank Venango National Franklin, Pa. Bank, National Merchants' Washington, N.Y. Medina, Tennessee Tenn. D First C. National National Bank Bank, of of Memphis, of First Ala. Bank National Selina, of First Bank New National Orleans, La. of Bank, National Unadilla Unadilla, N.Y. and of Bank Citizens' National Brooklyn, Farmers N. Y. of Croton York New Bank National city. Conn. National Bank of of Keokuk, Bethel, Iowa. First First National Bank Vicksburg, Miss. III. Bank of Rockford, are banks National National Bank of national deFirst The following named but have Treasury not voluntary liquidation, States notes in the circula posited in United of outstanding Ind. of Union National Bank for tion Fourth redemption National Bank of Indianapolis, Rochester, N. N.Y. First National Bank of Leonardsville,

14. September 22, 1873 New-York Tribune New York, NY

Article from New-York Tribune, September 22, 1873

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CURRENT TOPICS AT THE CAPITAL. WASHINGTON, Sept. 21. 1873. IMPORTANT CESSION OF LANDS BY THE UTES. The Hon. Felix R. Brunot, Special Commissioner under act of Congress April 23, 1872, to negotiate with the a cession of part of their reservation, accompaThomas K. Cree, Secretary, and interpreter, arrived at the Spanish nied Utes by for Los Pinos in Dr. the Phillips. Agency, CocheColorado, Sept. 5. The Agency is located of mountains. 250 miles west of Denver, Col., reached after five days' topa and was range only journey the in arrival a carriage. The Utes had been waiting of the Commissioners for some two weeks. The Labequanche. Denver, Muache, and Capote Utes were represented in council. There were special difficulties in the way of a successful negotiation, surveying parties representing the General Government, the miliand the Territory, being on the reservation in vioof agreements, running lation tary, previous lines excluded according to which certain parts of the reserve were as such, causing much ill-feeling among the Indians. In addition to this, the annuity goods shipped from New-York June 1 had not yet reached the agency, and the distribution which the Commission hoped to make at the council could not therefore be made. The council lasted several days. and the result was the ceding to the Government by the Indians of all the mining country, some 3,000,000 acres, being most of the land lying between the 37th and 38th degrees of latitude, and the 107th and 109th degrees of longitude. except a narrow strip on the southern side, on which many of the Utes had farms. On this it is proposed to gather the Wenninches, Muache and Capote Utes, and a portion of the Jicarilla Apaches, now at,the Sierra Aenarilla and Cimarron Agencies, New Mexico. This arrangement disposes of the two troublesome sub-agencies, and gathers these wandering bands of Utes upon their reservation. The price for the land is to be given mostly for the support of the new agency. and for those Indians for which there has been heretofore no regular provision made by the Government. The part ceded is rich in mines of gold and silver, some 400 mines and some valuable machinery being now upon the reservation. One company at the part day in silver ore. been friendly to have ininers almost at will over their $1,000 always past work to wander two per upon years permitted the ceded whites. reservation, The is and and taking Government prospecters Utes although for have out the the treaty expressly stipulated that the will prevent all whites from going upon the reservation. The arrangement with the Utes is not a treaty, but only an article of agreement entered into in accordance with an act of Congress authorizing the negotiation. This is the agreement which Gov. McCook's Commission tried to make last year but failed. It the second successful negotiation for a cession of Indian lands to the Government made out by Mr. Brunot this year. Mr. Brunot telegraphed Secretary Delano from Denver, ou Friday, that nearly all the Utes present at the Councit had signed the agreement, and that Mr. Cree would remain for the signatures of the others. This telegram closed as follows: Onraie is to take the contract to Washington, accompanied by Agent Adams and some Cimarron Uies, the chief object being to settle questions which it was not expedient to introduce in the negotiations. The negotiation was difficult. and the result very satisfactory. The Utes will never go to war with the whites save on compulsion." PAYMENT OF DIVIDENDS TO NATIONAL BANK CREDITORS. The Controller of the Currency is paying dividends of 25 per cent to the creditors of the First National Bank of Rockford, Illinois; 100 per cent to the creditors of the First National Bank of Fort Smith, Arkansas, and 35 per cent to the creditors of the National Bank of Vicksburg. Miss. Dividends of 35 per cent to the creditors of the First National Bank of Selma. Ala., and of 15 per cent to the creditors of the Atlantic National Bank of New-York, will be paid as soon as the necessary schedules can be prepared. Dividends to the creditors of the First National and Crescent City National Banks of NewOrleans will also be inade in the month of October. AMERICAN PROPERTY IN CUBA TO BE RETURNED The Department of State has received information from Madrid that positive orders have been sent to the Captain-General of Cuba to raise all embargoes on the property of American citizens, and return the same to the owners, and that he replies that all our reclamations for restoration of embargoed property have been deeided favorably to the applicants, and no claim of this kind is now pending. The Spanish Government has nevertheless sent further orders suspending the sale of embargoed property belonging to our citizens, no matter if not claimed. THE REMOVAL OF DIFFERENTIAL DUTIES. The State Department has prepared a proclamation relative to the differential duties with France. which will be immediately forwarded to the President for his signature. There is no doubt that the President will direct its immediate promulgation. The proclamation declares that in view of the abotition of discriminating duties against merchandise imported into France in American vessels. the differential duties imposed upon goods imported into this country in French bottoms will be removed on and after Oct.1

15. September 22, 1873 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, September 22, 1873

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WASHINGTON, September 20.-The comptroiler of the currency is paying dividends of twenty-five per cent. to creditors of the first national bank of Rockford, Illinois, one hundred per cent. to the creditors of the first national bank of Fort Smith, Arkansas, and thirty-five per cent. to the creditors of the national bank of Vicksburg. The comptroller of currency has directed the collecti 13 paper of the first national bank of Washington to be deposited for collection with the National Metropolitan bank, and correspondents are requested to correspond with the latter bank in reference thereto, and thus facilitate the business of the receiver.

16. September 22, 1873 The Daily State Journal Richmond, Alexandria, VA

Article from The Daily State Journal, September 22, 1873

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WASHINGTON. Suspended and Broken National Banks -Measures Taken to Liquidate their Indebtedness. WASHINGTON, September 21.-The comptroller of the currency is paying dividends of twenty-five per cent. to the creditors of the First national bank of Rockford, Illinois; one hundred per cent. to the creditors of the First national bank of Fort Smith, Arkansas, and thirty-five per cent. to creditors of the national bank of Vicksburg, Mississippi dividends of thirty-five per cent. to the creditors of the First national bank of Selma, Alabama, and fifteen per cent. to the creditors of the Atlantic national bank of New York, will be paid as soon as the necessary schedule can be prepared. Dividends to the creditors of the First national bank and Crescent City national banks of New Orleans will also be made in the month of October. The comptroller of the currency has directed the collection paper of the First national bank of Washington to be deposited for collection with the National metropolitan bank, which is located next door. Correspondents are requested to correspond with the latter bank in reference thereto, thus facilitating the business of the receiver. Items. WASHINGTON, September 22.-A piivate dispatch from Shreveport in relation to the yellow fever is discouraging. Information has been received here announcing the conclusion of a treaty with the Ute Indians of Colorado, ceding to the United States four millions of acres of land, believed to be of great value on account of mineral deposits. One of the most remarkable features of our present financial disturbances, if not of all past commotions, is, that not one Jewish bank or banker has suspended ; and this leads to a consideration of the general fact that in Europe they are regarded by leading statesmen as the most clear-headed and reliable financiers.

17. September 22, 1873 The New York Herald New York, NY

Article from The New York Herald, September 22, 1873

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WASHINGTON. WASHINGTON, Sept. 1873. Commissioner Brunot's Successful Negotiation with the Indians-Three Million Acres of Mining Lands Obtained. Hon. Felix R. Brunot, special commissioner under act of Congress, April 23, 1872, to negotiate with the Utes, accompanied by Thomas K. Cree, Secretary, and Dr. Phillips, Span'sh interpreter, arrived at the Los Pinos agency, Colorado, September 5. The agency is located in the Cochetopa range of mountains, 250 miles west of Denver, and was only reached after five days' journey in a carriage. The Utes had been waiting the arrival of the commissioners for some two weeks. The Labequanche, Denver, Muache and Capote Utes were represented in council. There were special difficulties in the way of a successful negotiation, surveying parties representing the general government, the military and the Territory being on the reservation in violation of previous agreement, running lines according to which certain parts of the reserve were exas the in addition to cluded Indians; such, causing much which ill-feeling the annuity among goods shipped from New York June 1 had not yet reached the agency, and the distribution which the commission hoped to make at the council could not, therefore, be made. The council lasted several days, and the result was the ceding to the government by the Indians of all the mining country, some 3,000,000 acres, being most of the land lying between the thirty-seventh and thirtyeighth degrees of latitude and the 107th and 109th degrees of longitude, except a narrow strip on the southern side, on which many of the Utes had farms. on this it is proposed to gather the Wenninches, Muache and Capote Utes and a portion of the Jicarilla Apaches, now at Tierra Acnavilla and Cimarron agencies, New Mexico. This arrangement disof the two troublesome poses sub-agencies, Utes and this gathers these wandering bands of upon reservation. The price for the land is to be given mostly for the support of the new agency, and for those Indians for whom there has been heretofore no regular provision made by the government. The part ceded is rich in mines of gold and silver, some 400 mines and some valuable machinery being now upon the reservation. One company at work upon the part ceded is taking out $1,000 per day in silver ore. The Utes have always been friendly to the whites, and for the past two years have permitted miners and prospectors to wander almost at will over their reservation, although the treaty expressly stipulates that the government will prevent all whites from going upon the reservation. The arrangement with the Utes is not a treaty, but only an article of agreement entered into in accordance with an act of Congress authorizing the negotiation. This is the agreement which Governor McCooke's commission tried to make last year, but failed. It is a second successful negotiation for a cession of Indian lands to the government made out by Mr. Brunot this year. Dividends to the Creditors of Insolvent Bank. The Comptroller of the Currency is paying dividends of twenty-five per cent to the creditors of the First National Bank of Rockford, Ill.; 100 per cent to the creditors of the First National Bank of Fort Smith, Arkansas, and thirty-five per cent to the creditors of the National Bank of Vicksburg, Miss.; dividends of thirty-five per cent to the of the First National Bank cent to the the and creditors of fifteen per creditors of Selma, of Ala., Atlantic National Bank of New York will be paid as soon as the necessary schedules can be prepared. Dividends to the creditors of the First National and Crescent City National banks of New Orleans will also be made in the month of October.

18. September 23, 1873 Wilmington Daily Gazette Wilmington, DE

Article from Wilmington Daily Gazette, September 23, 1873

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The Keystone Bank-Its Suspension Monday Morning. The State financial institutions in Philadelphia are one by one suspending payment, in consequence of the inability on their part to secure currency. The one cry is "Greenbacks! Greenbacks!" to which, unfortunately, there in no response. This morning the Keystone Bank, on Chestnut stteet, opposite the Mint, refused to cash checks, believing that justice would be better meted out to all by suspending at once instead of paying on the start some tifteen or twenty depositors to the exclusion of the rest. The bank has on hand any amount of securities, but all are holding their greenbacks for their own particular purposes.The difficulty is not in the drawing out of large amounts, but all are retaining their deposits to meet their own payments, fearing that a call upon the bank would not be promptly met. The mational banks this morning were to have furnished certain amounts in currency, but instead they sent their cheeks. The officers have been mying to those who caffed with checks that they hoped to pay currency in the morning.-Telegraph of Monday. DIVIDENDS TO CREDITORS OF BANKRUPT NATIONAL BANKS. The Controller of the Currency is paying dividends of 25 percent. to the creditors of the First National Bank of Rockford, Illinois ; 100 per cent. to the creditors of the First National Bank of Fort Smith, Arkansas, and 35 per cent. to the creditors of the National Bank of Vicksburg, Mississippi. Dividends of 35 per cent. to the creditors of the First National Bank of Selma, Alabama, and of 15 per cent. to the creditors of the Atlantic National Bank of New York, will be paid as soon as the necessary schedules can be prepared. Dividends to the creditors to the First National and Crescent City National Banks of New Orleans, will also be made in the month of October.

19. September 24, 1873 Knoxville Weekly Chronicle Knoxville, TN

Article from Knoxville Weekly Chronicle, September 24, 1873

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LONDON, Sep. Noon. The news from New York causes a better feeling. American securities, five's 913 Erie's 44g. Later, Erie 45. Later, Erie 451. How The Union Trust Company was Swindled. NEW YORK, Sept. 20.-Mr. Carlton the defaulting Secretary of the Union Trust Company, had made loans to friends and relatives on securities which was regarded as doubtful. One loan of $20,000 to his father, Rev. Dr. Carlton of the Methodist Book Concern notoriety, the security for one loan is good but others are of no value. Carlton has had almost the entire management of this great financial institution. Bedlam Running Loose. In alluding to the suspension operations by the members of the Stock Exchange, the Evening Express says, too much praise cannot be awarded to the men who conceived and carried out this master stroke of policy. Bedlam was running loose and the craze was rapidly communicating itself to the outside multitude. Nothing remained but to shut the door and try and bring back the bulls and bears alike to their sense. The defalcation of the Union Trust Company is a half a million. The Bank of North America has not suspended. The Western Union Telegraph stock is only worth 57 cents. The Clearing House announces its inability to make a general clearing account, and dealers' inability to obtain properly certified checks. NEW YORK, Sept. bank Presidents at their meeting this afternoon, passed a resolution to issue immediately $10,000,000 injoan certificates. No regular money market, gold closed at $1.11 (a1.12. State bonds, nothing doing. WASHINGTON, Sept. 20.-The Western markets show a general stand in transactions without any change in value. TORONTO, CAN., Sept. 20.-H. J. Morse & Co., bankers have suspended. The President and Secretary Richardson in New York. NEW YORK, Sept. 21-Sunday night. General Grant arriveda t the Fifth Avenue Hotellat 5 o'clock this evening, and Secretary Richardson, is expected here tomorrow morning. Drexel Morgan & Co., Honry Clews and George Opdyke, were among those who called on the President this evening. Senator Morton is in the city, and it is said will be present at the conference tomorrow. He attended the meeting of the Bank Presidents at the Clearing House of Friday. The corridors of the Fifth Avenue Hotel were again crowded to excess to-night, and the financial crisis, formed the subject of general conversation. A slight rumor of the failure of several of the eastside Savings Banksis reported. The Policy of the Government. MONDAY, Sept. 22.-It is officialty announced that Richardson will continue to buy bonds at Saturday's quotations. Secretary Richardson said last night he did not see that he had the power to do more than buy bonds, and all five twenties offered will be bought without delay or red tape. The Government, the Secretary added, is not a trust company.or a loan institution and it is doubtful whether Congress would sanction any such construction of my power. The power above alluded to is the using of $40,000,000 of reserves. Thirty savings banks have resolved to rigidly enforce the previous notice clause. James Martin, of Bloomfield, N. J. was found dead in the streets. He had a large amount of money. The Union Trust Company is in the hands of a'Receiver. The Stock Exchange remains closed today. A message from the Clearing House says every check passed through the Clearing House will be paid; that the banks are in no danger and were never stronger. The firm of Marvin Brothers has suspended. All the banks have pulled through, except two. These two are settling*through the loan committee. All the savings banks are run on. The Clearing House Loan Committee have issued two and a half million dollars in Government certified checks and a million dollars in bonds. Large crowds are sailing to sell in Montreal and Europe the stocks bought at the shrinkage. The Gold Exchange has closed. $1.12 was established as a basis of settlement. The rate of interest was fixed for carrying 7c. The sub-treasury is buying five-twenties at $1.10 72-1000. A run has commenced on the Seaman's Bank. It pays sums of $100 and under. Larger sums must wait the law's delay. Setting up Suspended National Banks WASHINGTON, Sept. 21.-The Comptroller of the Currency is paying dividends of twenty-five per cent. to the creditors of the First National Bank of Rockford, IIlinois; one hundred per cent. to the creditors of the First National Bank of Fort Smith, Arkansas, and thirty-five per cent. to the National Bank of Vicksburg. Dividends of thirty-five per cent. to the creditors of the First National Bank of Selma, Ala., and of fifteen per cent. to the creditors of the Atlanta National Bank of New York will be paid as soon as the necessary schedules can be prepared. Dividends of to the creditors of the First National and

20. November 28, 1883 The Clarion Jackson, MS

Article from The Clarion, November 28, 1883

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Sketch of the Mississippi Valley Bank. Vicksburg Post.] The bank was organized in 1870 by John A. Klien, Geo. M. Klien, D. W. Flowerree and C. C. Flowerree as a partnership; it did a fine business but was compelled to suspend in 1873. The stockholders executed a deed of trust on real estate and other property to the value of $600,000 dollars, but so great was the confidence of the customers of the bank in its proprietors that they declined toaccept the deed and told them to go on. This they were able to do by getting additional capital through Simpson Horner, Esq., of Pittsburg, Pa. The bank then entered upon a new career of prosperity, and continued under this management until 1878, when D. W. Flowerree died. C.C. Flowere and Sampson Horner then retired, and John A. Klien and G. M. Klien continued the business. The Kliens and other connections then managed and controlled the bank entirely, with the exception of the employment of Thomas McGehee as cashier for about two years-commencing sometime in 1881 and ending in 1883. Mr. McGehee resigned his position to take a responsible position in the, Louisville, New Orleans & Texas Railroad Company. Many expressions of regret at this step are now heard, as the opinion is freely expressed that had he continued with the bank the issue of affairs would ha been different. During all these years the bank continued to grow in public confidence. Rich and poor, the business man, the laborer, the widow and guardian, deposited from time to time until it had a deposit account of nearly $800,000, representing the savings of a great portion of the community for ten years. When on Tuesday last the notice was posted on the bank, "This bank closed and in the hands of an assignee," no one who had not seen the notice would believe it. Mr. Geo. M. Klien, the President, has been foremost in every public enterprise here. He was a large owner in Powers' Oil Mill, the Gas Company, etc. He has been a charitable, generous and public spirited man, and expressions of sympathy for him are heard on all sides. The receiver is now engaged in preparing a schedule of assets, which will be. completed in the next week. Attachments without number have been issued by non-preferred creditors in the hope that the assignment may be broken. The scene at the Sheriff's office and at the different justices' offices beggars description-one magistrate issued 250 writs of attachment in 24 hours. The Sheriff and his deputies and all the constables are completely broken down. On yesterday every attachment blank in the whole city was used up, and all the job offices went to work to print large lots of them.

21. November 28, 1883 Public Ledger Memphis, TN

Article from Public Ledger, November 28, 1883

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The Bank That Broke at Vicksburg. Post, 24. The Mississippi Valley Bank was organized in 1870 by John A. Klein, George M. Klein, D. W. Flowerree and C. C. Flowerree as a partnership. It did a fine business, but was compelled to suspend in 1873. The stockholders executed a deed of trust on real estate and other property to the value of $600,000, but so great was the confidence of the customers of the bank in its proprietors that they declined to accept the deed and told them to go on. This they were able to do by getting additional capital through Simpson Horner, Esq., of Pittsburg, Pa. The bank then ens tered upon a new career of prosperity, and continued under this management until 1878, when D. W. Flowerree died. C. C. Flowerree and Simps son Horner then retired, and John A. Klein and G. M. Klein continued the business. The Kleins and other connections then managed and controlled the bank entirely, with the exception of the employment of Thomas McGehee as cashier for about two years-commencingsome time in 1881 and ending in 1883. Mr. McGeheere signed his position to take a responsible position in the Louisville, New Orleans and Texas Railroad Company. Many expressions of regret at this step are new heard, as the opinion is freely expressed that had he continued with the bank the issue of affairs would have been different. During all these years the bank continued to grow in public confidence. Rich and poor, the business man and the laborer, the widow and guardian, deposited from time to time until it had a deposit account of nearly $800, 000, representing the savings of a great portion of the community for ten years. When on Tuesday last the notice was posted on the bank, "This bank closed and in the hands of an assignee," no one who had not seen the notice would believeit. Mr. George M. Klein, the President has been foremost in every public enterprise here. He was a large owner in Powers' Oil Mill, the Gas e Company, etc. He has been à d charitable, generous and public spirited man, and expressions of symg pathy for him are heard on all sides. The Receiver is now engaged in d preparing a schedule of assets, which d will be completed in the next week. Attachments without number have been issued by non preferred creditors = in the hope that the assignment may be broken. The scene at the Sheriff's d office and at the different justices' or offices beggars description. One magistrate issued 250 writs of attachment 11 in 24 hours. The Sheriff and his "dep" ar uties and all the constables are completely broken down. On yesterday es every attachment blank in the whole city was used up, and all the job e offices went to work to print large lots or of them. in

National Bank (Vicksburg, MS)

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Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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