The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-08-26

suspwSsros or THE oafo LIFE INSURANCE AND ThrsT
coxpasv.-Telsgraphic dispatches were received
nv the brokers In this city Monday night, announ-
cling the suspension ofthe Ohio Life Insurance and
and Trust Company. The New York Journal OF
Commerce, Of Monday afternoon, has the follow
ing with relation to the affair."
The Ohio Life Insurance and Trust Company,
known throughout the Union, but whose principal
business Office In this city, where II had resi-
dent cashier has been In trouble for several days
and this morning Its checks were sent back from
the American Exchange Bank. and II may be said
to have failed. Its capital we believe, Is Sz0OO,0oo
its liabilities stated at 81 900 000 and IL Is sup
posed that portion Of the securities 1t holds have
so far deprecated that the capital will be swallow
ed up In liquidation. The Cashier is very much
blamed for his management, but We forbear com
ment until both sides are heard. The Company IS
largely indebted to the New York banks, but most,
II not ALL hold reliable securities for the iuii
amount.
A telegraphic dispatch received from New forH
last night says that the president Of the company
has published a card in which he says that II Il
solvent and reliable exclusive of losses from ihsui
ficient securities The New York Tribune says tna'
the liabilities are from 600 900 to S70ooooo. ~
tachments were issued yesterday, in Ne" Ioih
against the company, for over $2,oOoooo. ohue,
our telegraphic head this morning, will be fouhe
the reported failure Of several banking firms
The Explosion AT DUpoyrs POWDER hiLL'-rN
Their PARrIcuLARs.-The telegraph yesterday ga
an account of terrible explosion at dupont po"
der MILL In Delaware, on Saturday AFTERNOON,
companied by distressing loss of life. inc D
ware Republican has the following additional p'i
| ticulars:
We learn that MI A. J. Dupont, (the pp.,no
| assisted NV others was engaged in removing
| large. heavy box when the corner OF IL 81
contact with tho WALL and the friction .ooL
| Ere setting off the building. Ineir eIo. 49, "
fire. and they hastened to extinguish the hnn;no
Mr. Dunont Jumped into the race, ano ai,ei nnof y
accumulated his purpose, ran to see 'ns ,ooi
| +bo preas room was on fire. when the pu,iuihs %
,Iodad and WAS torn to atoms with d teI lip.o ,
NJ Dnnont was terribly injured by the so"'.e 90
FRAGMENTS He was found among the runs ;a,oa.
r;6ed and perfectly cool. He gave ORDERS .nInio
diately 10 have water passed to put on. 'ne
"a "a to prevent further disastrous conseiu. g;
IL was carried to his house in the iHmeoia'e W
cinity. ,,,- ,bo Sor,a n G.
Mr. Dupont died about five o'clock the same vi
ternoon. Edward Hurst and Anthony DouSherty
also died from the effects oftheir injuries soon a'ei
the accident. Mr.. Dupont was widely known anu
highly esteemed, aud his loss will be deeply de-
pIored not only by his immediate relatives, out Dy
all who knew him.
A dispatch says that George Fisher, Louis Nache
John McCaferly, Michael Higgins and Richard
hunter are among the wounded, being all more OF
less burned. MIR. Vache is MORALLY injured. The
explosion was sensibly felt at Wilmington.