Bank Reopening Plan for German National Bank in Newport
Capitalists of Newport and Covington seek to reopen the German National Bank by doubling stock subscriptions and reorganizing. Judge Thomas T. Hodge leads a syndicate ready to reopen immediately or obtain a new charter, with Otto Wolf likely cashier, if directors reject the offer. Depositors show confidence while authorities audit a defalcation estimated around 191000 to 195000 dollars, and a new regime is promised to restore public credit.
MENTIONED IN THIS ARTICLE
Newport
Covington
German National Bank
Oliver P. Tucker
Thomas T. Hodge
Campbell Circuit Court
Hodge
Yester
James C. Ernst
John T. Hodge
Joseph Fath
Otto Wolf
F. C. Miller
J. A. Andrews
Charles Wiedemann
Covington and
German National
Judge Hodge
Newport National Bank Yester
Clerks at Work Checking Books Crowd Gathers at Bank
Large crowd gathered early in front of the closed bank. Clerks were at work checking books as people from all walks of life stood outside seeking financial news and updates.
Bank reopening plan sparks depositor talks in Newport
A rumor spread that Newport National Bank directors seek examiner approval to reopen by gathering subscriptions from wealthy stockholders. Major depositors like A L Andrews, Jos Andrews, and George Wiedemann signal cautious support, while many businessmen doubt the plan will pass. If large depositors refrain from withdrawn funds, some say a reopening could resume operations this week.
MENTIONED IN THIS ARTICLE
A. L. Andrews
Jos. Andrews
Wiedemann Brewing Company
The
Commercial Tribune
Joseph Andrews
J. A. Andrews
George Wiedemann
Brewing Company
Stockholders to Hold a Meeting on Bank Affairs
At a directors meeting held last night at J. M. Southgate’s residence in Washington avenue a stockholders meeting was planned to discuss the bank’s affairs. A $200,000 capital increase plus $45,000 needed to clear indebtedness is proposed, with depositors possibly asked to contribute working capital. George Wiedemann and J. A. Andrews agreed to retain a needed deposit percentage, while other depositors pledged assistance. Separate suits were filed in County Court by O. P. Tucker as receiver of the Germany National Bank against F. M. Brown and Thomas C. Brown for $1,000 and $1,200 notes, with attached funds in the Birchwood Distilling case represented by Thomas H. Collins. The note due dates and attached sums are noted, and reports of a rumored ruin involving Thomas C. are noted as continued on the second page.
MENTIONED IN THIS ARTICLE
United States
Arctic
Tucker
the Commercial Tribune
Brown
J. M. Southgate
Washington Avenue
John Todd
George Wiedemann
J. A. Andrews
O. P. Tucker
Germany National Bank
Thomas C. Brown
Thomas H. Collins
F. M. Brown
Father of Duchess Approves Her Choice in Cincinnati
Eu gene Zimmerman confirms surprise at daughter’s marriage to the Duke of Manchester as wedding details unfold. He notes engagement, the couple’s voyage to New York and Cincinnati, and his plan to host them there. He praises the Duke’s character and plans for his daughter’s happiness.
MENTIONED IN THIS ARTICLE
Cincinnati
Eugene Zimmerman
Duchess of
Manchester
Commercial Tribune
Wedding Details of Helene Zigeiher Man and the Duke of Manchester
A London telegram reports the marriage of Miss Helene Zigeiher man to the Duke of Manchester at Marylebone parish church last Wednesday. The event was simple with Miss Evans presenting the bride, Ernset Lambert and Lionel Phillips as best men. The couple planned to sail for America, but delays in Paris altered plans. a public celebration in England followed as the Duke, 23, prepared to assume his title and estate in 1890.
MENTIONED IN THIS ARTICLE
the Commercial Tribune
Effie Evans
London
Marylebone Parish Church
Evans
Ernset Lambert
Lionel Phillips
George Fendel Phillips
Portman Square
Paris
Commer Tribune
Zimmerman
America
England
Tanderagee
Helene Evans
Dublin
Harrison Rival in Love Dies a Recluse
Benjamin Jenkins, once a successful California miner who pursued wealth to forget a rejected courtship of Caroline Scott, died a recluse near Redding after a life chasing gold and then losing fortune. He left Ohio for the West, earned $20,000 briefly, but spent it all and retired to a solitary life.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Indianapolis
Ind
Benjamin
Harrison
Ohio
Rder Atten
Gagne
Caroline Scott
Benjamin Jenkins
California
Redding
Great Plains
West
Trinity River
Jenkins
New Grounds
White House
Sam Sheppard Attacks Jailor in Escape Bid
Sam Sheppard, the Wirt County wife slayer, attacked jailed D F Willet with a heavy stone jar as the jailer entered his cell. The jailer fled and the prisoner fled pursuit before the cell door closed. This marks his second escape attempt since sentencing to death after a prior hinges lift attempt.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Parkersburg
W. Va
Sam Sheppard
Wirt County
D. F. Willet
Willet
Sheppard
Grangers Favor Canal Build Over Fractional Currency
The National Grange urged the U S government to construct the Nicaraguan Canal in a unanimous vote. An adverse report against issuing fractional paper currency was adopted by the committee and approved.
MENTIONED IN THIS ARTICLE
Washington
National Grange
Patrons of Husbandry
Committee On Resolutions
German Premier Defies Europe in China Crisis
Count Von Buelow in the Reichstag rejects the idea that Germany’s China policy stems from Kiou-Chou occupation. He affirms German aims but warns other powers must avoid territorial acquisitions. He emphasizes protecting foreigners, securing compensations, and pursuing trade treaty changes while maintaining readiness for Europe.
MENTIONED IN THIS ARTICLE
Berlin
Reichstag
China
Count von Buelow
Kio-Chou
Far East
Germany
Chi Li
Russia
Europe
Hohenzollerns
Bocas
Also Mentioned on This Page
Campbell
Kenton
New York
Canard
Duke OF Manchester
Jailer
Grangers Favor Canal
Buelow
Czar
Peking
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