Bank Wrecking Ring Exposed in New York Banks
A gang used three banks the Lenox Hill Equitable and Sixth National to issue falsified checks and strip about 700000 dollars from the institutions. A faithful Sixth National employee uncovered the fraud leading to arrests and recovery of part of the stolen secur ities with the National Bank Examiner aiding the case.
MENTIONED IN THIS ARTICLE
Mprcial
New York
Sixth National Bank
Napoleon Ives
Lenox Hill
Equitable
Sixth National
National Bank Examiner
United States
Audacious Syndicate Robberies Bank Trio In Five Days
Report details a daring scheme by Ives and Stayner's gang to seize control of three banks and convert proceeds to cash within five days. The Lenox Hill Bank Equitable Bank and Sixth National Bank are named, with figures like Charles Wallack Jacob Tallman and P J Claassen linked to leadership roles. The plan began in December and involved manipulating directors while the fraud unraveled under exposure.
MENTIONED IN THIS ARTICLE
Rascally
Ives & Stayner
Rascals
Lenox Hill Bank
Third Avenue
Seventy-third Street
Charles F. Wallack
Pell, Wallack & Co
Equitable Bank
West Twenty-eighth Street
Fifth
Equitable
Jacob Q. Tallman
P. J. Claassen
Vics
Sixth National
Mystery Cash Sale Involves Sixth National Bank Stock
Brokers and syndicate associates orchestrated a December 21 stock sale from Leland at 650 per share for 1035 shares. They used certified checks drawn on Lenox Hill and Equitable Banks to liquidate the sale, banking on $800,000 in Sixth National gilt-edged bonds as collateral while the bank vaults held substantial assets.
MENTIONED IN THIS ARTICLE
Broadway
George H. Pell
Pell, Wallack & Co
Liberty Street
Sixth National Bank
Claassen
Mr. Leland
Ashare
Leland
Messrs. Classsen
James A. Simmons
Lenox Hill
Equitable
Sixth National
Bank Conspiracy Exposed in Leland Trust Scheme
National Bank Examiner A B Hepburn seized the Sixth National after cashier Colston alerted authorities to a bold plan by Clausssen Simmons and associates to seize control. The group used self appointed directorship to siphon funds from securities and attempted to back the fraud with checks on multiple banks. Bond collateral and forged loans triggered swift action, with investigations focusing on violations of the National Banking Act and related offenses.
MENTIONED IN THIS ARTICLE
Ives
Sixth National
Leland
Clasesen
Oeres Verchiots
Oer
Andrew E. Colston
Simmons, Clasasen
United States
Harlem River
New York Bay
San Francisco
Making the Arrests Mr Pell Caught After a Chase
United States Marshal Jacobus and four deputies went to the Sixth Bank around six o’clock with warrants for arrests after a chase. Clane tem remains at large.
MENTIONED IN THIS ARTICLE
Mr. Pell
Clanetem
United States
Jacobus
Bank Heist Suspects Pell and Claassen Arrested Near Brooklyn
Federal marshals arrest George H Pell at 114 West Fifty Fifth Street as part of a bank theft case. Claassen eludes home encounter while others are sought. Bank summary shows total theft from Sixth National Bank around 700000 with liability shared by Equitable and Lenox Hill checks, reducing Sixth loss to about 450000 if state banks cover obligations.
MENTIONED IN THIS ARTICLE
Pell
Claassen
T Cl
Clinton Avenue
Brooklyn
George H. Pell
United States
Bernhard and
Cooper
West Fiftyfi
Leland Bank Stock Sale Linked to Fraud Scheme at Lenox Hill
A chaotic day at the Federal building centers on Mr. Tappen and Assistant U.S. Attorney Rose as they reveal that Mr. Leland sold Six National Bank stock for securities hidden in the bank. Purchasers forged certified checks to gain control, then funded the bank with its own assets. The Lenox Hill Bank faces a run and potential receivership as the Controller of the Currency steps in while Colston’s actions are praised for protecting depositors.
MENTIONED IN THIS ARTICLE
J. Kenneth Watson
Clausson
New Board
Broadway
David M. Ripley
Long Island
James A. Simmons
George H. Pell
Colston
Wildcat Securites
Federal
Mr. Tappen
United States District Attorney
Rose
Mr. Rose
Marshal Jacobus
Tap
Commissioner Shields
Tappen
Leland
Sixth National Bank
Geoson
Poll, Wallack & Co
Gravestein & Pell
Lenox Hill
Equitabie
Nick
P. J. Claassen
Claneson
Claassen
Lenox Hill Bank
National Park Bank
Pell, Wallack & Co
Board of
Dmrestora
Chasssen Ie Ee
Pell
Clearing House Committee
Mr. Leland
Wallack
Mr. Wallack
Noble Tired Of His Job Seeks Lifelong Court Post
Special telegram from Saint Louis reports that Secretary Noble may be appointed to the circuit bench vacancy created by Judge Brewer's promotion to the Supreme Bench. It notes Judge Samuel F. Miller plans to retire next year, clearing Noble for Miller's Supreme Bench seat.
MENTIONED IN THIS ARTICLE
Louis
Noble
St. Louis
Brewer
Supreme Bench
Samuel F. Miller
Town
Miller
Supreme
Riot Follows Delayed Hanging in Morgan Georgia
Seven thousand people, mostly black, gathered for an execution postponed at Morgan. A riot erupted between white and black attendees after a drunken black man struck a white child. Gunfire wounded one white man fatally and three others seriously. several black bystanders were also wounded.
MENTIONED IN THIS ARTICLE
Maccow
Morgan
Thrice Tried for Murder in Ita. Trial Ends in 25 Year Sentence
John J. Farris was sentenced to twenty five years in the penitentiary for the murder of Stephen McGehee in April 1887. This marks his third trial for the brutal unprovoked crime, following earlier proceedings that culminated in a reversal of a hanging sentence.
Spaulding Iron Works put in receivership amid fraud claims
The Spaulding Iron Works at Brilliant near Steubenville was seized by receiver John J. Foley after minority stockholders filed a petition alleging gross mismanagement and missing books for a company with about 2 million dollars in sales. The suit accuses David and Charles Spaulding of controlling finances and misreporting costs while bonds and stock transfers are questioned, triggering a court order to inventory assets and halt further indebtedness.
MENTIONED IN THIS ARTICLE
Steubenville
Spaulding Iron Works
Pittsburg
Brilliant
John J. Foley
Spaulding Management
Spaulding
Thomas B. Taylor
Spaulding Iron Company
David Spaulding
Charles H. Spaulding
Thomas A. Hammond
Lewis Clohan
Wallace
David M. Mattock
William Satterfield
John Nicholson
Cadiz
Hance
Common Pleas
Chambers
John McFeely
Dets
West Virginia
Jefferson County
David Spaces
David
Charles
Pontieg
Charles Spaulding
Sen
Charles Hi. Spinalding
National Exchange Bank of
Catallas
Anid
Presen
Columbus
Spaulding Iron Company affairs stir Pittsburg speculation
Local interest in the Spaulding Iron Company remains vague as a Pittsburgh commission man and several business figures question the firm’s structure and finances. The stock company runs a nail factory and rolling mills with Western ties, and observers doubt a market impact despite internal quarrels. No one knows who in the city might be affected.
MENTIONED IN THIS ARTICLE
Alexander Glass
Dunyid
Charles Spaulding
Yar Og
David and
Spaulding Iron Company
A. M. Byers
Spaulding Company
Windom bill denounced by Colorado silver advocates
Denver January 30. Vice Presidents of the Colorado Silver Association from every county met with ex Senator Tabor presiding. Speeches urged free coinage of silver equal to gold and resolutions were adopted denouncing the Windom bill in the strongest terms.
MENTIONED IN THIS ARTICLE
Denver
Colorado Silver Association
Tabor
Kor
Windom
Four Flour Mills Sale Offered to English Syndicate
D B Merrill, proprietor of four flouring mills at Kalamazoo, valued at 200000 dollars, has given option to an English syndicate to purchase the properties. It is learned that the syndicate aims to buy all mills between Kalamazoo and Chicago.
New York Presbytery Narrowly Nears End of Long Debate
The New York Presbytery debates revising the Westminster Confession with voting to begin next Monday. A young Presbyterian calls the pope anti Christ, while another speaker defends revision amid division concerns. Additional remarks recount personal journeys and views on salvation and church unity.
MENTIONED IN THIS ARTICLE
New York Presbytery
Young Presbyterian
Christ
New York
Walter D. Buchanan
Mingins
Thomas 8. Strong
Madison Avenue Presbyterian Church
Hastings
Fierce Fair Fight in New York Senate Debate
Albany reports a bitter World’s Fair debate in the Senate. Ives accuses Fassett of carrying names to Depew for Platt’s influence while Armour opposes New York as the site. Roesch cites Armour interview. Fassett denounces Ives as an unrepentant beating pirate, leaving the matter unsettled.
MENTIONED IN THIS ARTICLE
Albany
N. Y
Senate
Ives
Passett
Platt
Depew
Roesch
H. 0. Armour
New York
Armour
Mr. Fassett
Mr. Ives
Wreck Kills Conductor and Engineer in Louisiana Train Crash
A westbound Texas Pacific freight near Seymourville Louisiana at 4 am struck a cow on the tracks killing conductor John P Crilly and engineer Barney Bliss. Fireman Oscar Peonison and another brakeman were seriously wounded. Cars 98 and others burned entirely, with Crilly found beneath a burning car. An OTS tramp was stealing a ride at the time.
MENTIONED IN THIS ARTICLE
Placquemine
Texas Pacific
Seymourville
John P. Crilly
Barney Bliss
Oscar Peonison
Crilly
Ots Tramp
Eight Heathbury Farmers Placed in Jail for Lynching Case
Eight prominent Heathbury Indiana farmers were arrested in Indian Territory and brought to Gadnesville charged as members of a mob that lynched an elderly man last November. They appear before a United States jury to answer to the charges.
MENTIONED IN THIS ARTICLE
Gadnesville
Tex
Heathbury
Ind. T
Indian Territory
United States
Joner
McKeesport Postmaster Controversy Delays Confirmation
Representative Ray questions Captain Thompson nomination as Postmaster General Wanamaker reviews charges including forged petition signatures and a saloon visit. A temperance pledge and abstaining from penny ante games are proposed to salvage Thompson’s confirmation. The outcome remains uncertain as the dispute hangs on these accusations.
MENTIONED IN THIS ARTICLE
IPROM
Wasumetos
Ray
Wanamaker
McKeesport
Thompson
Captain Thompson
Harrison
Baltimore
Farwell Clarifies Feud With Harrison and Public Office Duty
Senator Farwell of Chicago states there is no quarrel with President Harrison and that offices belong to the people. He argues the President nominates and Senate confirms, reflecting voters' wishes as expressed through representatives. He cites Campbell as the Chicago choice, and claims Giar is the President’s personal pick.
MENTIONED IN THIS ARTICLE
Wasninection
Farwell
Chicago
Harrison
Scv
Lincoln
Theople
Mr. Campbell
Republican Party of
Illinois
State
Campbell
Clark
Drr
Giar
Watterson Served with Civil Suit Writ on Lecture Day
Early this morning Henry Watterson editor of the Louisville Courier Journal was served with a summons in a debt case. Constable Porter delivered the writ as Watterson prepared to speak on Money and Morals at Lafayette Hall. The suit, filed by W. S. Thomas for 125 dollars, requires appearance between 3 and 4 pm next Monday. Watterson left on the 2:15 train west shortly after learning of the summons.
MENTIONED IN THIS ARTICLE
Henry Watterson
Louisville Courier-Journal
Lafayette Hall
Charles Porter
Alderman McMaster
Thomas
Watterson
Waitterson
Louisville
Masked burglars invade home on Morsier street
During a January evening an unknown trio of masked burglars entered the residence of Charles Koonan at 2434 Morsier street while Mrs. Koonan was alone. They bound and gagged her, tied her to a bed post, and stole valuables before escaping. Police seized the scene and began an investigation.
MENTIONED IN THIS ARTICLE
Kansas
Charles
Koonan
Morsier Street
Speaker Stands by His Termination to De Gre a Quorum
The report notes the speaker defends his move despite calls for restoring a quorum. It highlights procedural tensions and reactions from lawmakers regarding the authority and impact of the termination in the legislative session.
Turbulent House as Buckalew Stands Alone on Quorum
The January 20 report details a chaotic House session with Speaker Reed counting present but not voting to block a quorum. Buckalew, the lone Democrat voting, defends constitutional action while Republicans, once fearful, now reassess the ruling and seek a settled norm on filibusters and quorum disruption.
MENTIONED IN THIS ARTICLE
Congress
Reed
Buckalew
Pennsylvania
Dalzell
House
Washington
Vance
Capitols
Springer
Breckinridge
Bland
Crisp
Charles B. Buckalew
Bucksalew
Carlisle
Read
Committee On
McKinley
Also Mentioned on This Page
J. J. Classen
National Bank
Mr. Camp
Colsten
A. B. Hepburn
Classeen
Pell, Walisck &Co
Pell, Walisck& Co
Ees
Third National Bank
Ren, Wallack & Co
Oe A. Simmons
Commercial Bank
James A. Sim
American Loan and Theorie
Ht Paltts
St. Nicholas
Hepburn
Lenox
Aassen
Slepburn
United States District A
Osco
Spaulding Works
Difpatcit
Wey
Charles Seealsing
Cspital
Spauldi
Pauldin
Ricentia
The
New York Senate
Severn
Thempcot
MecKeesport
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