Seventh National Bank Fails Opening Manager Takes Charge
The Seventh National Bank, mired in recent trouble, closed its doors Thursday after a failed rescue. Forrest H. Raynor, national bank examiner, assumed control while the clearing house reported a large debit balance and the stock market reacted with a sharp but brief drop. Comptroller Dawes warned of a possible receiver if $1.6 million loan to Henry Marquand Co. was not covered in cash by Saturday night.
MENTIONED IN THIS ARTICLE
Porres
Raynor
National Bank Examiner
Broadway
Sohnst
C. H. Vincent
Williamst
Seventh National Bank
Clearing House
Cromwell
Edwin Gould
Thomas
Clearing House Committee
Stock Exchange
Wiether Heath
Muncie
Ind
Seventh National
Perry Heath
Washington
Dawes
Seventh National Bank Examiner
Henry Marquand & Co
Forrest H. Raynor
New York
Republicans Hire Lawyers in Election Inspectors Fight
Republican leaders plan a court battle over whether the council can appoint election inspectors separate from the mayor. Addison C. Harris and Baker & Daniels are retained to pursue a writ of mandate if ballots are blocked, with further action possible before the general election. The move hinges on Marion County election officials and a potential supreme court return in July.
MENTIONED IN THIS ARTICLE
Addison C. Harris
Baker & Daniels
Council
Supreme Court
Marion County
Board of Election Commissioners
Court adjourns for summer. cases to be disposed
Supreme and appellate courts adjourn for summer vacation with plans to return later in July to decide pressing cases. The term includes questions on street railway rights in Indianapolis, habeas corpus limits, and property assessments after paving deductions. Other rulings cover water contracts, county stamp reimbursements, and a pedestrian struck by a train on a bicycle in Anderson.
MENTIONED IN THIS ARTICLE
Supreme and Appellate Courts
Supreme Court
Indianapolis
Jeffersonville Reformatory
Michael Gorman
State
L. A
Lottie Penketh
Madison Circuit Court
Anderson
Fire at Central Hotel in Kern California Claims Several Lives
The Central hotel in Kern California burned early Thursday. George Cir a blacksmith perished, others are missing. Fireman E a Tipbett suffered a head injury from a falling timber. J P Thornton was badly injured and may die. J C Burringer recently returned from the Philippines is thought to be a victim. Loss estimated at 10000 dollars. Fire origin unknown.
MENTIONED IN THIS ARTICLE
Kern
Cal
Central
George Cir
Ea ‘Tipbett
J. P. Thornton
J. C. Burringer
Philippines
Government safeguards bank closure after New York incident
Comptroller Eckels discusses the Seventh National Bank of New York suspension. He says the million dollars from President Thomas was not as he wanted, conditions were unmet, and doors closed. He asserts government deposits, including Cuban funds, were protected by bonds with no treasury loss potential. The bank held at most $240,000 of government funds.
MENTIONED IN THIS ARTICLE
Washington
Thomas
Eckels
Seventh National Bank of New York
United States Treasury
The undocrhaned work of a big combine
New York June 27 Frank B Poor of Marquand Co refused to discuss the Seventh national bank failure. The bank troubles are linked to Marquand decades of hard knocks from coal interests seeking to cripple the firm and block the Pittsburg Shawmut Northern railroad project owning 35 000 acres of Pennsylvanian coal lands.
MENTIONED IN THIS ARTICLE
New York
Frank B. Poor
Marquand & Co
Seventh National Bank
Coal Combination
Pittsburg, Shawmut & Northern Railroad
Pennsylvania
Four-Cent Fares and Transfers Debate at City Council
The council committee plans a Friday meeting to discuss the interurban franchise and possibly the water works contract. Although the committee backed five-cent fares and no transfers, two members may have shifted, with two reports possible. Chairman Evans says members should decide, and those favoring municipal ownership see the water works as a step toward that goal, offering potential city economy.
MENTIONED IN THIS ARTICLE
Evans
Three-cent fare law dispute appears in federal court
The Central Trust Company of New York dismissed injunctions against Douglas Mitchell who had been barred from pursuing a damages suit against Citizens' Street Railroad after being refused service for refusing to pay more than three cents.
MENTIONED IN THIS ARTICLE
Central Trust Company
New York
Douglas
Mitchell
Citizens’ Street Railroad Company
Wabash wreck hospital reports 29 patients to recover
Peru Indiana June 27 report from Gen surgeon Griswold says 29 patients wounded in the wreck will recover. Dead Italians buried Thursday in the catholic cemetery after funeral services at the church. Wreck cleared Thursday as trains resume. Internal revenue stamps no longer required on money orders beginning July 1. Internal revenue office to close Saturday noon to finish accounts and reopen Sunday night to sell brewer stamps for proper delivery Monday.
MENTIONED IN THIS ARTICLE
Peru
Ind
Griswold
Wabash Railroad Hospital
Internal Revenue
Internal Revenue Office
Insanity trust halt reveals bias in county inquests
A Sun investigation found about 75 percent of inquests in the county led to confinement at the Central Insane Hospital based on testimony from the same group of witnesses. The report lists numerous city dispensary doctors, matrons, constables, and a justice of the peace repeatedly acting as witnesses or commissioners in hearings for numerous patients including Andrew Fleming and Mary R. Waltke, with fees allocated to many participants. The piece discusses the process of insanity commissions, noting common witnesses and the potential for systemic leaning toward confinement.
MENTIONED IN THIS ARTICLE
Central Insane Hospital
Andrew Fleming
J. D. Nichols
Wilmer Christian
William C. Smock
Eva Gregoire
Thomas Griffith
Nichols
City Ispensary
Christian
Gregoire
Griffin
James Ross
J. B. Young
J. F. Benham
L. F. Hicks
William 5. Lockman
Elizabeth Crannan
Marry A. Jacobs
M. C. DeVaney
C. M. Clayton
M. D. Collane
W. H. Huston
Hattie Till
Benham
Justice Stout
Thomas Griffin
Thomas F. Delaney
City Dispensary
Reisner
Frank Glass
Mary R. Ki. Waltke
Frank Walters
Constable Glass
Crannan
John Farrell
DeLaney
Oliver Franklin
Young
Jacobs
Hicks
MM. D. Collane
Michael Bowler
Drs. Jacobs
DeVaney
Gray
Cronon
Mamie Watts
Justice Lockman
Collane
Huston
Christian and
McGilliard
Martin D. Barrett
Drs. Hicks
Young and
Driver DeLaney
Cronnon
Colliane
Henry Heid
William Shoemaker
Floyd Carter
Cas Christian
Nichol
Charles B
Constable Huston
Grocers Picnic Sees 5000 Attend Wide Range of Events
The annual retail grocers and butchers picnic drew about 5000 people to the fair grounds on Wednesday. Highlights included a greasy pig race won by a 17 year old, ball throwing for women, and a drumming delivery horse trot with heavyweights. Prizes went to Addie Davis, Ad die Bowen, and Lulu Ciaffey while a pickpocket was nabbed near the grand stand and balloon ascension failed to rise. Persistent gambling games under the grand stand drew police attention and were later closed.
MENTIONED IN THIS ARTICLE
Addie Davis
W.A. Walters
Harvey
Addie Bowen
K. Harvey
Lulu Ciaffey
Lou Tully
C. Hammer
William Buschman
Buschman
Pete Schwartz
Tully
Hammer
Ed Fielder
Lou ‘Tully
John Shelby
H. Rhodes
W. Houppert
Chicago
W. J. Stratton
Taylor
Grocers’ Association
J. A. Ku
Taylor Groninger
McGregor men target precincts in city primaries
Mc Gregor supporters expect several McGregor men to win committeeman slots in wards 1 and 2 and on the South side. Officials say the drive aims to ensure direct primaries for city nominations while Bookwalter and allies deny plans to alter nomination rules.
MENTIONED IN THIS ARTICLE
Gregor
McGregor
Bookwalter
Imaginary fire alarm boxes set in Indianapolis
The fire department installs imaginary alarm boxes to locate fires faster. No real boxes exist at the listed corners yet, but the towerman dials the number to direct fire crews. Locations include Ohio and Delaware streets 95, Pennsylvania and Washington streets 914, Illinois and Maryland streets 912, Market and Illinois streets 918, Maryland and Delaware streets 916.
MENTIONED IN THIS ARTICLE
Indianapolis
Ohio
Delaware-sts
Pennsylvania
Washington-sts
Ilinois
Maryland-sts
Market and Wiinoissts
Maryland
Weather forecast for Indianapolis and region ends June 28
Forecast warm, fair conditions for Indianapolis and vicinity over 36 hours to 8 pm June 28 with temperatures 75 at 7 am, 81 at noon, 85 by 2 pm and scattered storms not expected to hit the city. Also notes warm spell continuing across Indiana Illinois with possible Michigan rain and southerly winds. Attorney general Taylor hosted judges at Country club Thursday. Local ads for pianos, horse feed, and diamond rings.
MENTIONED IN THIS ARTICLE
Indianapolis
Dewey and Sampson Strike It Rich Prize Decision
Justice Brad ley ruled that Admiral Dewey and Sampson and their men are entitled to prize money for vessels captured at Manila Bay on May 1 1898 and off Santiago on July 3 plus sunk ships raised and refitted by the United States including the Maria Teresa. The total expected prize exceeds $500 000 with bounty money already obtained.
MENTIONED IN THIS ARTICLE
Ley
Santiago
Maria Teresa
Was It Lawful Call For Precinct Committee Men Meeting
Some Republicans question City chairman Logsdon's bid for a precinct committee meeting to organize the body. The law requires a call within ten days after election and at least two days notice, raising concerns that the move may upset the organization and provoke trouble from dissenters.
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BIG Bank
SiMe
Tional Bank
Board of Direc
Tors
Frank
Forrest Raynor
Eas
Csceee
Amellate Court
Wiley
Marion Superior Court
Arthur Jordan
Indianapolts Water Company
The
Water Company
Butch
Jordan
Loring A. Williams
Board of Commissioners
Henry County
Williams
George Clark
Terurban
SUN
Annie O’brien
Just
Manker
Cons
Erocers
Pionic
Mitteemen
Walter
Indiana
Illinois
Michigan
Country Club
Wulschner’s
J.P. Mullally
Dewey
Sampson
Brad
Manila
United States
Logsdon
Precinct
Teemen
Thurgday