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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Mar 18, 1926
Page
6
The grip outbreak in the city wanes with schools adding attendance, several teachers returning, and city services resuming normal operations. Firemen and police see partial staffing restored, though some departments remain short as the illness declines.
The receiver of the defunct First National Bank of Putnam and the bank’s directors settled for 25000. The government had claimed four bad loans totaling 125000 by former cashier Gilpatric. Settlements release all directors except Gilpatric, with Brown Wheelock Bhasiley Dugas Mullan among survivors.
L. E Smith notes the settlement benefits estates of two directors who died in the 1924 bank crash, John A. Day and John C. Fox. The December recommendation to the comptroller forms the basis for the entitlement, stating the compromise would not prejudice the receiver and that directors waive rights to recover portions of loans possibly recovered from the bad loans.
The Bullard Machine Tour company reports its most successful year at the annual stockholders meeting. Net earnings more than double the $150 per share common dividend after depreciation and $70,000 in development costs, with 1,240 employees and payroll over $2,000,000. The vote authorizes the purchase of 900 shares of 7 percent cumulative preferred stock, with plans to increase common stock to 90,000 shares.
Under the direction of Mr Grattan the Blessed Sacrament church choir presented a two act operetta The Lady of Limerick Town last night in the school hall on Orange street A large audience applauded the performance The leading female roles were Misses Johnenn and Nash while Ta ard Tvach played Judge Heatey Other cast members included Athen Thi sen Mrs Patrick Thewe Verein Wweliey Victor Seallin Heater Mae Manus Part Contan Toho Weta Mrs Phin Paieville Tamers Meuney Gearee Taunaon and Thomas Nach after the play there was dancing
The Central Railroad of New Jersey asked the Interstate Commerce Commission to dismiss the New England Governors’ Pyle committee petition for no further hearings on anthracite rate care. The New York and Long Branch railroad joined in seeking dismissal of Kanawa Coal Operators association hearings. The Pennsylvania Railroad urged denial of further hearings, citing no justification for joint rate suspensions from New York to New England.
Major Daniel Owen declares secession of Nova Scotia New Brunswick and Prince Edward Island possible within Canada and criticizes policies. He cites Imperial decree as one route and notes maritime vulnerability under Quebec dominance and U S trade shifts. He warns of economic strain and absence of maritime branches in Canada.
Col Jedediah Chase Payne 86, New York volunteer and signal corps officer at Grant Lee surrender, died in Wilkes-Kalil. He lived in the valley per years in oil and metallic parking ventures, held Grand and Lola Legion memberships, born Perth Amboy, N J, survived by widow and daughter in Bridgeport. A fragmentary note adds uncertain exposure to local directories and a stray political aside about churchmen.
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