Lorain Bank Closure Shocks City in 1870s Crisis
The Citizens bank in Lorain shuts doors after defalcations by three officers suspected since a February to March period. Cashier E. F Kaneen, Assistant Cashier H. B. Walker, and Teller D. F. Beor are named as involved. The bank’s capital 60 000 and surplus 13 000. assets around 570 949. city funds and school deposits in jeopardy. Local officials, Cleveland lenders, and the community await Friday statements and formal notice.
MENTIONED IN THIS ARTICLE
Tigen Savings Bank
Oltest
W. KB. Thompson
E. P. Kaneon
H. B. Walker
Stooke
Kaneen
Cleveland
First National
Auty
Beidem
Isaac Honecker
Naval
Teaac Honecker
C. ©. Beokwith
Chadwick
Ananoe
Schoo Board
II J. Barrows
Keneen
Walker
D. F. Walker
Church of Christ
iThey
Unity
Babcock
HE. F. Kaneen
W. B. Thompson
Thompson
Kaneon
Hand Amputated After Mill Accident At National Tube
Edward Sherman, an employee at the National Tube mill, suffered a severe accident when his right hand was crushed in hot rollers. The hand was amputated at the wrist after initial treatment at the mill infirmary and Drs. Wheatley and Robison. Sherman also sustained serious burns to the arm from the rollers.
MENTIONED IN THIS ARTICLE
Edward Sherman
National Tube Mill
Divorce Petition Filed By Trimble Against Archie RK In Cleveland
Trimble filed Friday morning for divorce from Car in Cleveland. He cites marriage on April 18 1800 in Cleveland and alleges neglect and willful absence for over two years. He claims on February 5 1908 he returned home to find she had left.
MENTIONED IN THIS ARTICLE
Archie RK
Trimble
Carinthe
Cleveland
Keep Bicycles Off the Walks Warns of Arrests
The article warns cyclists to avoid riding on sidewalks, noting a rise in sidewalk riding and recent arrests. It lists several individuals by name and residence who face penalties, urging strict enforcement and fines for violations as the mayor shifts from leniency to zero tolerance.
MENTIONED IN THIS ARTICLE
Firat
Banks in Lorain avoid cash withdrawals after Citizens Bank failure
Reporter finds no withdrawals at Lorain banks as Citizens Bank fails. Depositors retain confidence in remaining banks. A V Howeman says banks did not anticipate trouble and were ready to meet demands. Once Guizeuk Bank announced Friday closure, deposits arranged to be sent to Cleveland for funds.
MENTIONED IN THIS ARTICLE
Lorain
Citizens Bank
A. V. Howeman
Banka
Guizeuk
Ceveland
Bank Crisis Sparks Panic as Ka neen Confesses Shortage
The bank announces a $97,000 shortage after cashier Kaneen admits the deficit. Officers pledge to protect depositors, assign bank assets to T. W. Fancher and close the bank while pursuing recovery. Walter and Kaneen bonds totaling $210,000 help cover losses, with stockholders retaining liability protection.
MENTIONED IN THIS ARTICLE
Cirectors
Shempyon Ag
Hnbeen
Walter Boys
Kaneen
T. W. Fancher
Isaac Honecker
E. F Kancon
W. B. Thompson
J. F. Randolph
Labor troubles delay building near the tube mile
The contract for the new houses near the tube mile at South Lorain remains unsigned. Supt. Fry of the Nicola Company said he does not know when the contract will be approved. About 500 new buildings are planned and Sheffield Land and Improvement Company waits for labor disputes to settle.
MENTIONED IN THIS ARTICLE
Tube Mile
South Lorain
Fry
Nicola Company
Sheffield Land and Improvement Company
Police Court Clears Three Vagrants as One Fined in Street Row
In a morning session Judge Hinman presided as three vagrants appeared before the court. Two were discharged while one received the usual fine and a pub in the street rang. A bicycle rider was fined for riding on the sidewalk. The judge departs tomorrow for Green Springs for a brief rest due to rheumatism and related issues. treatment should aid his health.
MENTIONED IN THIS ARTICLE
Hinman
Green Springs
Masonic Lodge Plans Meeting On March Slat
Special session of King Solomons Lodge No. 6 F and A M will meet this evening March Slat to map positions for a proposed Masonic temple and decide actions for the lodge. All members urged to attend.
MENTIONED IN THIS ARTICLE
King Solomons
A. M
New Piano House Opens April First in Lorain
Lorain opens New Pang Ot Ore a piano showroom by J Traxier leasing former Sweet store. The store will carry a large line from Burdett Krell Bennett Schiller Raymond and others in Lorain and Elyria with prices from 168 dollars and terms as low as one cent down and six dollars a month. Watch for the introductory sale and opening details.
MENTIONED IN THIS ARTICLE
Lorain
Elyria
Burdett
Krell, Bennett, Schiller
Raymond
Frederick
Mertifield
Steger, Bradford
Kroeger, Decker & Son
Brewer-Pryor
Also Mentioned on This Page
Sas
Turn
Tate
Roclety Lerch
Lot
LDER
Jalan Teed Es Ave
by @ Co
ENING
T Litchfield
Morton, Duces Ib
Litchfield
Rthe Arvatory of
Muate
Clarinet
Au RY
Klon
BROS
Lorain Bank
Bank and Broadway
Oldes F
Dollar Savings Bank
E. F. Kaneen
Bank Flada
Sues
Santo
Mackey Haa
Matt
Gynnn
Harry H. Smith
Furniture Department
E. Broad St
Joseph Mayo Metcalf
Lawernce, Kay
May Florence Jones
Oberlin
Herman H. Drusendail
Ednn L. Decker
Car- Tigle
Fred A Miller
Howell, Mich
Clara Nelson
Banks of
Harry H. Smith&co
Cheapside & Bread Streat
Hypa, Ohio
Sheffield Land Company
Hollieter
Rocky Mountain
H. A. Dykeman
Druggiat
Lowell
Hartford
Harry H. Smith & Co
Garpet, Curtain and Wall Paper Department Cheapside
Elyria, Ohio
Irma AM
Eas
J. P
Mr. Traxier
Lorain & Numbr
J.P. Traxler Sweet Block
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