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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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