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FAILURE OF A TRUST COMPANY. PITTSBURG, Pa., Jan. 7, 1875. The Allegheny Trust Company, of Allegheny City, suspended payment and closed its doors about noon to-day. The liabilities are stated to be $125,000, to cover which the company possesses in bills receivable and real estate $220,000.
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King Kalakaua arrived at Lowell, Mass., yesterday. He was received at the depot by a large crowd. The State tobacco warehouses, Nos. 1 and 2, on the Long Dock at Baltimore, were destroyed by fire last evening. It is believed that 2700 hogsheads of tobacco were burned in them. The loss on the tobacco is estimated at $250,000, and on the buildings at $40,000. A jury was obtained at San Jose, California, yesterday for the trial of the bandit Vasquez for murder. The Allegheny Trust Company, of Allegheny City, Pa., suspended yesterday. Its liabilities are stated at $125,000, and its assets-bills receivable and real estate-$230,000.
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Suspended. PITTSBURGH, January 7.-The Allegheny Trust Company, of Allegheny City, suspended payment and closed doors about noon to-day. Its liabilities are stated to be one hundred and twenty. five thousand dollars, to cover which the Bank possesses in bills receivable and real estate two hundred and thirty thousand dollars.
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Suspension of the Allegheny Trust Company. PITTSBURGH, January 7.-The Allegheny Trust Company of Allegheny City, suspended payment and closed its doors about noon to-day. The liabilities are stated to be $125,000 to cover which, the bank possesses in bills receivable and real estate $230,000.
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CONDENSED TELEGRAMS. King Kalakaua is expected to arrive in Chicago Monday on his return home, and is to be accorded a grand reception. Rooms have been tenderec him and his suite at the Grand Pacific Hotel. Both houses of the Indiana Legislature were organized yesterday. In the Senate the Republicans and Independents united in a division of the offices. The Democrats elected the officers of the House. The Independents have twelve members in both houses, which leaves a Democratie majority of eight on joint ballot. The Democrats have elected E. M. Haines Speaker of the Illinois House of Representatives. Gov. Gaston, in his message to the Massachusetts Legislature, pronounces against the enercachment of the Federal power on the rights of the States, and urges a return to amicable relations as the only guarantee for the peace and prosperity of the nation at large. W. S. Pike, a well-known lawyer of New Orleans, died yesterday of paralysis. A resolution was offered in the Arkansas House of Representatives yesterday, protesting against the dispersion of the Louisiana Legislature by Federal soldiers. The cancus of Republican members of the Nevada Legislature nominated Sharon for United States Senator, which is equivalent to an election. A jury has been obtained in the TiltonBeecher suit, and the trial will now proceed. The Allegheny Trust Company, of Allegheny City, has suspended. Liabilities $125,000. No new developments in the Senatorial contest in Indiana, except that the Independents have failed toshow that they hold the balance of power, as heretofore claimed. The Republican Senatorial caucus at Augusta, Maine, nominated Hon. Hannibal Hamlin on the first ballot, last night.
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FAILURE OF A TRUST COMPANY. PITTSBURGH, Jan. 7.-The Allegheny Trust Company of Allegheny City suspended payment and closed its doors about noon to-day. The liabilities are stated to be $125,000, to cover which the Company Dosin bills receivable and real estate $230,000,
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THE FAILURE OF A TRUST COMPANYThe Allegheny trust company of Allegheny city suspended payment and closed its doors about noon on Thursday. The liabilities are stated to be $125,000, to cover which the company possesses in bills receivable and real estate $230,000.
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The Allegheny Trust Company's banking house, in Allegheny City, suspended payment a few days ago. On the 8th inst. Lewis Adams, colored, was executed at Pittsylvania Court House for the murder of another negro named Rice Wilson, on the 27th of June last.
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An Old Case Revived. A bill in equity was filed yesterday by E. and C. Maginn for use of Charles Maginn against F. Andriessen and others, stockholders of the Allegheny Trust Company. The company was formed in 1861 and became insolvent and went out of business in 1875. It has never been dissolved, however. The plaintiffs were stockholders in it and assert that they paid in more money than they should, others not having paid in the full amount of their stock subscriptions. They ask therefore for an accounting, the appointment of a receiver and that they be repaid what they have paid in excess of their rightful amount.