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Closed the Bank. RUSHVILLE, Neb., Dec. 13.-The bank of Rushville has been closed by the state banking board. The failure is the result of a run on the bank caused by the bringing of a suit for $30,000, which the former manager was a defending party.
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Western Bank Troubles. RUSHVILLE. Neb., Dec. 13-The Bank of Rushville has been closed by the State Banking Board. The failure is the result of a run on the bank by the bringing of a suit for $30.000, to which the former manager was a defending party. HAY SPRINGS, Neb., Dec. 13.-The Bank of Hay Springs was closed yesterday by order of the State Bank Examiner. No reasons are a-signed. LARNED, Kan.. Dec. 13.-The cases of the State against the Larned State and Pawnee County banks of this city, which failed on July 1 last. came up in the District Court yesterday and were continued on agreement between the officers of the banks and the depositors to pay 50 cents on the dollar.
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Loan, Bond & Investment company disappeared with the funds. ROBBERS broke into a jail at Paris, Mo., and stole a large sum of money from a drunken prisoner. JOHN ARMSTRONG was hanged at Athens, Tenn., for the murder of French Sharp in April last. THE large sale stable of H. L. Denenick at California, Mo., was destroyed by fire, together with eight valuable horses. RENOUNCED by Ida Hall, his sweetheart, Edward Handfield shot her fatally at Denver and then killed himself. THE New York board of health declares consumption to be contagious and asks for a hospital for its exclusive treatment. FIRE burned William H. Frear's dry goods house in Troy, N. Y., the largest in the city, the loss being $400,000. OWING to failure of the government to pay overdue lease money the Kaw Indians in Kansas were said to be starving. INFLUENCED by a dream Mrs. Radie Hewitt, of Mount Summit, Ind., refused to marry William Norton on the wedding day. AN express train on the Pennsylvania road was wrecked near Nanticoke, Pa., and twelve persons were injured. SEVEN men were injured, three probably fatally, by the falling of a section of the roof of an icehouse at Bellaire, O. THE Bank of Rushville, Neb., was closed by the state banking board. THE Sun Vapor Street Light company at Canton, O., went into the hands of a receiver, with liabilities of over $300,000. E. L. DUKE, the big cigarette manufacturer at Durham, N. C., failed for $500,000. BARBER shops in Kansas City, Mo., will hereafter be closed on Sunday. THREE miners were fatally injured by a falling cage in Ward's mine at Moberly, Mo. THE J. W. Warren & Co.'s hardware establishment at Troy, N. Y., was burned, the loss being $200,000. DURING the year now closing nearly 13 per cent. of the entire railway mileage of the United States, representing over 12 per cent. of the entire capitalization, has gone into the hands of receivers. EARTHQUAKE shocks were felt at Carmi and Albion, Ill., and at Evansville and Mount Vernon, Ind. No damage was done. GREAT suffering was reported among the farmers in northwestern Nebraska on account of failure of the crops during the last three years. VICAR GENERAL MCCABE, of the Providence (R. I.) diocese, was found dead in bed at the parochial residence. FOR killing father, sister and stepmother Charles J. Lucky was hanged at Brockville, Ont. He protested his innocence. THE Farmers' national congress at Savannah, Ga., elected D. F. Clayton, of Iowa, as president. JOHN Y. MCKANE, the Gravesend (N. Y.) chief of police, was sentenced to thirty days in jail and a fine by Judge Barnard for offenses against the elective franchise at the last state election. AFTER a separation of fifty years William C. Burner and Mrs. Childs, a sister, met at Lima, O. ANGELO ZAPPA was hanged at Pittsburgh, Pa., for murdering Frank Helmstetter in July, 1892, in a row growing out of a quarrel between the wives of the two men. THE Arcade and several blocks at Buffalo, N. Y., were destroyed by fire, the loss being estimated at $750,000. BY direction of the president Secretary Carlisle called for twenty-four resignations in the treasury service. THE Indiana supreme court holds that residence property can recover damages caused by the presence of a saloon. R. PATRICK & Co., bankers at Pittsburgh, Pa., closed their doors with liabilities of $500,000 and assets of $700,000. RALPH CROSSMIRE, who murdered his mother at Farmer's Valley on November 19, 1892, was hanged at Smithport, Pa. THE exchanges at the leading clearing houses in the United States during the week ended on the 15th aggregated $1,915,892,558, against $1,118,427,587, the previous week. The decrease, compared with the corresponding week in 1892, was 22.7. THE fourth span of the great bridge over the Ohio from Louisville, Ky., to Jeffersonville, Ind., fell and thirty-three workmen were killed and many others were injured. THERE were 339 business failures in the United States (including seven banks) in the seven days ended on the 15th, against 396 the week previous and 279 in the corresponding time in 1892. THE Crane Iron company of Philadelphia failed for $700,000. IN the Indiana gas belt over 20,000 men were out of employment and their families dependent on charity for support. EXECUTIONS took place as follows: Arthur Courtney and Henry Taylor (colored) at Princess Anne, Md., for the murder of Capt. Cooper, and Dick Robinson at Sedalia, Mo., for the murder of a German domestic named Johanna Schollman. EFFORTS will be made by the police
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dominant in bringing about the prosperous condition which now exhists here. In this first article we will deal with the local banks. In the organizing of any new community the bank is one of the first businesses to make an appearance and. well may be, for the growth and advancement of the community is largely dependent upon the ability and disposition this institution to care for the financial wants. The first banking house to make its appearance in Hay Springs was the Farmers and Merchants which was organized Local Banks Responsible For Development about 1886 by D. Taylor Much of the detailed early history of this institution in inaccessable at this time. however, it known that much of the success of this pioneer bank was due two men. now residents of Hay Springs, who were cashiers of the Farmers and Merchants during two different periods. We refer to L. H. Barhite and Jim Plummer. The title given the gentlemen was that of manager and they "run" the bank acting bookkeeper, cashier, and as they tell us, janitor. Mr. Taylor was interested large land holdings which occupied much of his time and the bank was therefore left to the manager. The early operation of this bank experienced many difficulties, according to those illar with the early day history, and the loaning of money was very hazardous due to the uncertainty of crops in the pioneer times. Then in 1887 came more pioneer bankers and the Bank of Hay Springs organized with Mayes, of Freemont, as president and Geo. H. Rhodes as cashier. Many of the officers and stock holders of this bank were interested in organizing the Bank of Rushville at the same time. This latter bank encountered difficulties in 1892 and was forced close its doors. (Continued to Page