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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Apr 13, 1915

Page

14

Riggs National Bank Defends Against Comptroller Attacks

The Riggs National Bank issued a formal statement criticizing Comptroller of the Currency John Skelton Williams. It portrays his examinations as abusive, improper, and aimed at injuring the bank, asserts the bank’s solvency with $1,600,900 capital and $2,000,800 surplus, and accuses the Comptroller of pressuring for irrelevant data and leveraging authority to challenge lawful bank operations.

Treasury Higgs National Bank Riggs Ntional Bank John Skelton Williams Tis Bank Bim Compreoder Federal Reserve System Federal Reserve United States Ccurrenexs Ami Comptroller’s Office Comptrollers Office Riges National Bank National Currency Association Washington, D. C Glover Mr. Flatner TF. Lather Messrs. Plather Messrs. Flather Riggs National Bank Plaintiff Bank Williams MccAdoo National Bank Ac Committee On Banking and Currency of United States Senate Comptroller of the Currency Panama Justice Siddona William Gibbs McAdoo John Burke Ofelock National Bank Waltad Cleveland Ohio Leveland Bertram Hill Cleveland Bank Hill Pittsburgh

New York Banks Cold Court Order Restrain Treasury Officials

National City Bank holds aloof from Riggs Bank litigation while expressing sympathy for Riggs officers. The article notes action by the comptroller and treasury against Riggs, with injunctions sought and penalties imposed. Key statements from bank presidents and officers are included.

New York Treasury the Herald Harger Banks

Bank Sues Williams and McAdoo Over Panama Funds and Penalties

The bank files a multi count petition alleging conspiracy by Williams and McAdoo to seize Panama Canal funds and harass its officers. It asserts loans to insiders were proper, that its finances are sound, and asks courts to restrain penalties and actions against it while seeking depository status and redress for alleged abuses.

Williams McAdoo Althouh Side United States Bank Willians Burke Treasury of The United States, &c Iain Wilams Aldrich-Vreeland Plaintiff Bank California Williama McAdoo and Williams

Riggs Bank Under Fire for Dummy Loans and Deceptive Reports

Comptroller cites Riggs National Bank for refusing data and issuing untruthful sworn statements. Penalty of 5000 dollars imposed for data refusal. 1914 and 1915 correspondence condemns officers for speculative stock loans, cash advances, and use of the bank as a brokerage conduit.

Treasury New York Washington National Bank Tigges National Bank Otter National Banks Bank- Iimg Ireon Cananea Copper Lanston Monotype Nevada Consolidated Copper Missouri Pacific Railway American Can Common Reading Conmon Baltimore and Ghico United States Steel Common Pache Gas and Electric Company Wabas Discount Committee Flather Ioana

Also Mentioned on This Page

Ormal Riggs Bank Colleges Etlers Institutio Vento Oweri Ehearae Iees National Bank Feilure Comptroller Higes & Co Wach Fli Ita Pia Irs Invest Aent Ehabarteristig Riggs & Co Chi As Na Honal Bank Glover, Wyde, Johnston & Others Commission Lstover & Flather Glover & Flather Riggs National Gotham Riggs Bank National City Bank Wall Street Secretary of the Treasury Chas C. Glover M. E. Ailes WM. J. Flather Henry H. Flather Ouse Federal Reserve Bank Ife Messrs. McAdoo Williams Con McAdan MccAdoo and Plaintiff Whlians Thore Bfil Wiliam Gibbs McAdoo William Gibbr McAdoo Sail Walter F. Mccoy Comptroller's Office National Bank Examiner National Bank Examiners, &c Willams iMarch National Bank Act St. Louis San Francisco Rock Island Railroad Missouri Pacific Railroad Inspiration Consolidated Copper Intercontinental Rubber Stock Exchange American Can Missouri Pacific Greene Cananea Copper Rock Island Department Allen Elliott Fiather Th Department Fifth Avenue 46Th ST H Street N. W Shoreham Hotel Iaea Sarhety Sal Tehairas Meaed WeRingsan Aras Hunery
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