Seventh National Bank Closed by Controller Dawes
New York June 7 the Seventh National Bank of New York was closed by order of Controller C H Dawes with Forrest Raynor named temporary receiver. The bank owed $44 108 95 at the clearing house and faced debts to Marquand & Co and other firms while deposits were secured by bonds. Officials indicated the action was to protect depositors and stockholders as the bank prepared to suspend payments.
MENTIONED IN THIS ARTICLE
New York
Seventh National Bank
Dawes
Forrest Raynor
National Bank Examiner
William Nelson Cromwell
Edward R. Thomas
William H. Kimball
Edwin Gould
Lorenzo Semple
Styera
Clearing House
Thomas
Manhattan State Hospital
Chase National Bank
St. Lawrence County Bank
Canton
N. Y
Seventh National
Marquand & Co
Frank B. Poor
New York Post Office
Morgan
Borary
Raynor
Red Ee Securities
Cromwell
Susni
Pesident Oakley Thorn
North Trust Company
Suspenson
Sev- National
State
Tappen
Gallatin National Bank
Clearhouse Committee
Seventh Caval
Alvah Trowbridge
Ninth National Bank
Ninth National
Guy
Major
Linseed Oil Company
Seth Nations
Irector
Bank in crisis looms as key figures back Seventh National
An informal bank officers meeting at a downtown club discussed protecting all interests in the Seventh National Bank. Reports from reliable sources claim General Samuel Thomas, ill at Dobbs Ferry, advanced 383,000 to settle debt at the clearing house and Edwin Gould provided 200,000 to aid the bank, with security details undisclosed.
MENTIONED IN THIS ARTICLE
Ing
Seventh National Bank
Thomas
Seventh National
Samuel Thomas
Dobbs Ferry
Tuy
Edwin Gould
Time Unmarketable Securities and Bank Reorganization Plan
New York June 27 William Neilson Cromwell special counsel for Seventh National Bank announced a plan for reorganization after the bank faced losses from advances to Marquand Co The bank suspended operations to protect depositors stockholders and the public while awaiting the new plan and assurances that Marquand obligations would be fulfilled by morning
MENTIONED IN THIS ARTICLE
New York
William Neilson Cromwell
Seventh National Bank
Thomas
Edward R. Thomas
Messrs. Marquand & Co
Edwin H. Gould
Adeuate Securities
Marquand & Co
Ee Eel
Yale Wins Varsity Boat Race on Thames in Dramatic Finish
In New London Conn on June 27 Yale defeated Harvard in the great interuniversity four mile Thames race by about two lengths amid a crowd of thousands. Yale’s victory came with strong nursing by Coxswain Chittenden and a late sprint, while Harvard’s four oared crew struggled to respond. The Yale freshmen also beat Harvard by four and a half lengths, and Harvard took the varsity four by six lengths in a separate event.
MENTIONED IN THIS ARTICLE
New Haven
Harvard
New London
Yale
Chittenden
Goodell
Cameron
Meikicham
Nushka
Broadway
Elis
Cambridge
Navy Yard
Crimson
Thames
Railroad Bridge
Blues
New Haven Collegians
Thomas
Bow
Rumsey
Why the Bank Was Closed by Controller Dawes Actions
Controller Dawes ordered the Seventh National Bank of New York closed and appointed Forrest Raynor as temporary receiver after learning Henry Marquand & Co. owed about 1.6 million dollars to the bank on a loan secured by doubtful collateral. The statement notes concern over the collateral and the bank’s exposure.
MENTIONED IN THIS ARTICLE
Washington
Dawes
Seventh National Bank of New York
Forrest Raynor
National Bank Examiner
Henry Marquand & Co
R. Thomas
Presen
Season for Drownings Ends in Tennessee River Tragedy
Knoxville reports Samuel Logan son of Judge H. T. Logan drowned after rescuing Miss H. L. Guion of New Orleans from a boating mishap on the Tennessee river. A yawl capsized while riding waves behind a stern wheeler. Guion leaped and Logan followed, saving her before exhaustion claimed him. Other drownings noted in Iowa and Nebraska include Jesse Vanscy and brother John at Ames, Lee Setter and Walter Evans near Waterloo, and Don Harned with Grover Gambler near Perrysburg.
MENTIONED IN THIS ARTICLE
Knoxville
Tenn
Samuel Logan
T. Logan
Tennessee River
H. L. Guion
New Orleans
Neb
Lee ‘Setter
Walter Evans
Evans
Setter
Bowling Green
Don Harned
Joseph la Farre
Grover Gamber
Maumee
Perrysburg
Fire kills worker as Buffalo rail freight sheds burn
In Buffalo on June 27 a blaze destroyed the west bound freighthouse at Tift Farm, trapping workers among 270 laborers. One Italian laborer, Pietro Zaizo, died. several others suffered burns. The Hennepin steamer burned with about 35,000 in damage, while Lehigh Valley sheds and contents totaled around 75,000. The total loss is tallied at 10,000 in property.
MENTIONED IN THIS ARTICLE
Buffalo
N. Y
Lehigh Valley Railroad
Tift Farm
Blackwell Canal
Pietro Zaizo
Hennepin
Lehigh Valley
Fire destroys over twenty homes in Center Point Arkansas
A telephone message from Center Point Arkansas reports a disastrous fire this afternoon destroying more than twenty houses. The courthouse records were saved though its fate is uncertain. Losses exceed 100000 with insurance light.
MENTIONED IN THIS ARTICLE
Hope
Ark
Center Point
Howard County
Meredit h murder verdict links Considines to crime
Seattle, June 27 The coroner s jury finds William L Meredith was murdered by John Donaldine aided by Tom Considine Warrants issued against both Considines Meredith fired first two shots and Considine fired last two while Meredith was semi conscious and leaning against a showcase Proceedings to be held in Seattle on date not specified
MENTIONED IN THIS ARTICLE
Seattle
Wash
William L. Meredith
John Donaldine
Tom Considine
Yale Triumphs In Yale Harvard Regatta Race
Yale supported by Harvard and Yale crews contesting long river course, Yale leads from start to finish in the main race with victory by about two lengths despite slow official time. Freshmen race sees Yale dominate. Harvard four wins decisively in later events, with Yale close behind in two-mile and longer segments.
Pope Leo Very Ill Reported From Rome
A June 27 dispatch from Paris notes Pope Leo XIII is seriously ill in Rome with Dr. Lapponi at his bedside. Vatican officials express anxiety over the pontiff's health.
MENTIONED IN THIS ARTICLE
Paris
Petit Bleu
Rome
Lapponi
Vatican
electoral law outline for Cuban convention stresses universal suffrage
The Cuban constitutional convention electoral commission completed a draft electoral law for universal suffrage and Australian ballot use. It sets party columns on ballots, party marks, party elected electoral boards, and excludes armed officials from voting, with radicals Silvera and Aleman influential. La Lucha warns prudence on annexation and argues US aims to establish a Cuba republic with Platt Amendment limits.
MENTIONED IN THIS ARTICLE
Havana
Silvera and
Aleman
la Lucha
United States
Cuba
Cuban general Gomez visits Tampa en route to New York
General Maximo Gomez arrived in Tampa from Havana and left for New York. He spoke little on Cuban affairs, expressing happiness to be back on American soil among friends. He said Cubans are rebuilding and seek peace for prosperity and happiness, noting nothing of significance in his U.S. trip.
MENTIONED IN THIS ARTICLE
Tampa
Fla
Maximo Gomez
Havana
New York
Gomez
United States
Six Young Women Injured In Carriage Runaway
Six young ladies returning from a Sunday school picnic were thrown from a carriage when the horse ran away near Wapakoneta Ohio. Stella Moore broke an arm. another woman was severely hurt. Florence Botkin suffered a throat injury. two others sustained minor bruises.
MENTIONED IN THIS ARTICLE
Wapakoneta
Stella Moore
Moore
Florence Botkin
Citizens Fight Uprising Over Philadelphia Street Reform
In Philadelphia the Academy of Music hosted a town meeting with about 5,000 citizens nominating District Attorney P F Rothermel Jr for another term amid denunciations of city and state officials. Postmaster General C E Smith urged a new Declaration of Independence, and Col A K McClure attacked the Republican machine over street railway bills and alleged public robbery by conspiracy.
MENTIONED IN THIS ARTICLE
Philadelphia
Academy of Music
P. F. Rothermel, Jr
John Weaver
Charles Emory Smith
Col
A. K. McClure
Philadelphia Times
McClure
Rothermel
Rotherme
Weaver
Ashbridge
Durham
McNicol
George G. Graham
John Field
Henry C. McCook
Friends of Reform
Close Of The Legislature In Harrisburg Pa June 27
The Pennsylvania legislature adjourned at noon after a protracted session begun January 1. Voters will face two constitutional amendments at the next general election one for voting machines and one for personal registration in cities. A new congressional and judicial apportionment was approved. In Baltimore, Arthur Pue Gorman’s re election candidacy was informally announced at a dinner at Joseph Friedenwald’s home with prominent former Democrats present.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania
New York
Baltimore
Arthur Pue Gorman
Joseph Friedenwald
Mc Fadden and Burns factions clash at county convention
In Steubenville on June 27 the Mc Fadden and Burns factions clashed during the Democratic county convention in a heated wrangle over proceedings and leadership.
MENTIONED IN THIS ARTICLE
Steubenville
McFadden
McFadden Supporter Victory Wallops Kilbourne Endorsement
In a day-long session the McFadden faction won and the endorsement carried while the Burns faction captured delegates who may vote for Tom Johnson, signaling split loyalties ahead of the convention.
MENTIONED IN THIS ARTICLE
Tom Johnson
Indorse Kilbourne
McFadden
Indorsement
Burns
Dropped eighty feet brutal accident at Buffalo elevator
Six iron workers fell eighty feet when a temporary platform on a scaffold inside a large tank broke in the eastern elevator at Buffalo. Four died within hours, another remains in critical condition at Emergency Hospital. The victims were John Keefe Jr., 24, Buffalo. W Krause, 30, Greenville Ohio. John Corbett Jr., 24, Hartford Conn. Petro Krotinger, 28, Fremont Ohio. Injured include James Carl, 29, Buffalo, with a fractured skull and internal injuries, and William Edwards, 28, treated for cuts and bruises.
MENTIONED IN THIS ARTICLE
Buffalo
N. Y
John Keefe, JR
W. Krause
Greenville
O. S
Biggest gold brick to travel from British Columbia to Glasgow
A 1000 pound gold brick worth over 200000 dollars, representing a year's clean up from the Ceribo Hydraulic Company, is bound for Glasgow for summer exhibition, with Vancouver consigning the record-setting piece.
MENTIONED IN THIS ARTICLE
Vancouver
B. C
British Columbia
Glasgow
Ceribo Hydraulic Company
Crenshaw Stabbed on Atlanta Train
Marietta Ga June 27 Hon T C Crenshaw president of the Georgia Railroad Commission was stabbed and wounded on a train leaving Atlanta. He says a conductor demanded his ticket and, after words, Crenshaw struck him. The conductor J H Kirkland was arrested and bonded, and the train continued.
MENTIONED IN THIS ARTICLE
Marietta, Ga
T. C. Crenshaw
Georgia Railroad Commission
Atlanta
Crenshaw
Marietta
J. H. Kirkland
Ruthven is Electrocuted for Cleveland Police Murder
Edwin Ruthven, a 31 year old Negro, was electrocuted at Ohio penitentiary for the May 6 murder of Cleveland Police Officer Shipp. The case grew from a burglary raid on Leaking's house. Shipp was shot twice during the attempted surrender. Ruthven maintained innocence as the current delivered a single fatal shock.
MENTIONED IN THIS ARTICLE
Columbus
Edwin Ruthven
Ohio Penitentiary
Ruthven
Rutheven
Shipp
Cleveland
Uthven
Killed by Filipinos in Samar and Bohol
Manila reports Lieut Edward Downs and an infantry private killed in southern Samar. Captain Woodbury captures Samson's camp in Bohol. Private Kraus killed and four wounded. Lieut Mina McNair captures 54 insurgents in Tayabas Lu zon. San Francisco hosts Fortythird Regiment arrival from Manila. Forty-second mustered out.
MENTIONED IN THIS ARTICLE
Manila
Edward Downs
First Infantry
Samar
Woodbury
Nineteenth Infantry
Samson
Bohol
Kraus
Mina McNair
Tayabas
Luzon
San Francisco
Forty- Third
Philippines
Kilpatrick
Forty-third
Camp Meade
Quarles Stricken During Virginia Convention Oath Debate
In Richmond on June 27 ex-Congressman J M Quarles argued that constitutional conventions are sovereign bodies beyond inferior dictate and should not be bound by oath. He collapsed from vertigo but was not seriously hurt and was aided by a sergeant-at-arms.
MENTIONED IN THIS ARTICLE
Richmond
John H. Ingram
Corporation Court of
Manchester
J. M. Quarles
United States
Tess
Sanusky bridge rescue saves child life in bay
Mrs Seth Hayes of Fremont visiting Sandusky plunged into Sandusky bay to save four year old Dorothy Neill daughter of the woman at whose house she stayed. Hayes supported the child until help arrived and both were rescued. Emanuel Schnell, aged fifty five, drowned at the same place when a rowboat capsized.
MENTIONED IN THIS ARTICLE
Sandusky
Seth Hayes
Fremont
Sandusky Bay
Dorothy Neill
Hayes
Emanuel Schnell
Thirteen War Victims Laid To Rest At Peru Service
Elaborate funeral at St Charles Catholic Church conducted by Fr Meisner for thirteen war victims laid to rest in Peru. One more victim found, body of a little Italian girl recovered from debris. Two Arcadia men clash on road into Lima Ohio with one badly stabbed.
Wabash wreck victims buried in Peru church service
Special to the Indianapolis Journal Peru Indiana June 27 six men four women and three infants who died in the Wabash wreck were buried at St Charles Catholic Church The services were led by Rev Meissner with praise for Rev James Walsh Italian presence described as providential The Peru Railway treated victims with care and twenty injured remain in hospitals along with a newly added Italian child a further victim may die temporary track repairs and a larger embankment are planned to stabilize the site.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Peru
Ind
Wabash
St. Charles's Catholic Church
Wabash Railroad Company
J. H. Fetter
Lenhartz& Simpson
Wiour
Tascino Mantone
Cass
Death of Alexander Bryan Father of Pearl Bryan
Special to the Indianapolis Journal Greencastle Ind June 7 Alexander 8 Bryan father of Pearl Bryan for whose death Scott Jackson and Alonzo Wailing were hanged near Cincinnati died today at his home in this county He was seventy seven years old born in Kentucky and was a farmer His due to cancer He leaves a number of dren
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Greencastle
Ind
Alexander
Bryan
Pearl Bryan
Scott Jackson
Alonzo Wailing
Cincinnati
Kenstucky
Death of John Breaks Pioneer Farmer of Crawfordsville
Crawfordsville Ind June 27 John Breaks a wealthy and prominent farmer died after a long illness He was born in Montgomery county December 14 1892 He married Caroline Groenendyke and they had ten children five of whom survive three sons and two daughters Funeral arrangements set for 0 o'clock tomorrow morning
MENTIONED IN THIS ARTICLE
Crawfordsville
Ind
John Breaks
Hie
Montgomery County
Caroline Groenendyke
Eight Held for Trial in Assault Case at Muncie
In Muncie Indiana on June 27 eight young men were bound over to the Circuit Court on charges of assaulting Miss Aletha Puckett and Miss Georgia Davis aged fourteen. The plaintiffs statements were taken, the defense waived its case, and the defendants were remanded to fall to await trial in September. The eight defendants remain jailed on bail as they seek to claim consent of the women in each alleged assault.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Muncie
Ind
Siz
Aletha Puckett
Georgia Davia
New Trial Denied to Harmon in Brazil Murder Case
Samuel Harmon, found guilty Saturday night of murdering Charles Reynolds and given a life sentence, was denied a new trial this afternoon. Attorneys indicated they'll appeal to the Supreme Court.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Brazil
Ind
Samuel Harmon
Charles Reynolds
Preme
Gallant Indianan Honored in Laporte
Lieutenant Colonel James Allen of the United States signal service has been made a brigadier general of volunteers and honorably discharged by President McKinley. Born in Indiana, he lived in Laporte with two sisters after losing his parents. He attended West Point in 1840s and received an appointment from former congressman Gen Jasper Packard. Now in the Philippines, he commands the signal corps there during the Spanish American War era.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Laporte
James Allen
United States Signal Service
McKinley
West Point
Jasper Packard
Thirteenth
Indiana Soldiers’ Home
Lafayette
Allen
The
Phill
Signal Corps
G Senet
Also Mentioned on This Page
York
C. H. Dawes
the Clearing House
Perry
Heath
Fletcher S. Heath
Brew York Post Office
Perry Heath
Yale the Victor
River
Tennessee
Arkansas
Brothers Considine
W. L. Meredith
Pope Leo
Dr. Lapponi
SA Lucha
Island
Smith
Col. A. K. McLure
General Assembly of Pennsylvania
Gorman
Greenhorns
Ohio
Indianapolis
Damn
Seth Hays
Bash
Arcadia
Lima
Greenecastle
Harmon
Indiana
Mamete
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