The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1877-12-08

his wife applying for divorce-and under
took to separate soul and body,with a pistol.
But he could not have been so very sadly
in earnest because he gave fair notice to his
neighbors, and they, after thinking the mat
ter over, decided to interfere, and took his
weapon away.
But the most serious result of Coolbaugh's
death was the failure of the Third National
Bank, an old institution which was once
very prosperous, but was badly hit by the
fire and the panic. Its directors decided
some weeks ago to settle up affairs, trusting
at that time that they would get back their
capital and lose only the surplus. Mr..
Coolbaugh had made arrangements to take
charge of the bank and liquidate it, but his
sudden death put an end to that scheme and
it was found impossible to get other banks
to give any help. So it shut up, owing ST.
| 100000 and with assets nominally worth
81 100000 but really worth only about two
thirds of that. But back of all this is the
personal responsibility of the stockholders
all but one ofwhom are good amounting to a
million and half. 1t is possible that the
bank might have lived if it had had better
management, but the President had an un-
happy mania for dabbling in real estate
speculations, and by persistihg in holding
on to dirt which had ceased to have any
value, brought himself and the bank to the
ground. He has turned over lot of stuff
to secure his Indebtedness, but il is that kind
of property which may not be disposed of
for years. Among the stockholders and d-
rectors are Mr.. George NJ. Pullman of the
Sleeping Car Company, and Mr.. Joseph
Medill editor and proprietor of the Tribune.
1t had been so long expected that this
bank Would go up that there was not the
CONSERVATION which an unexpected failure
would have had, but nevertheless the smash
had its results. The Central National Bank,
comparatively small concern with a capi-
tai of 100000 gave up the ghost Friday
morning. 1t had been carried by the Third
for some months and fell when the support
was removed. 1t will doubtless pay all its
depositors, the chief ftrouble being that it did
not do enough business to make it profitable
to keep the institution alive. One or two
other National Banks are shaky but it is
hoped that they will manage to pull through.
A suit on life-insurance policy involving
some interesting points, has just been begun
an - ln No
waukee. A year and half ago a wealthy
resident Of this city took out policy for
$4,000 in the Company, paying the first
years premium. At the end of the twelve
months, he was called on and asked for the
premium for the next year. This he failed
to pay. Nearly two months elapsed and he
was taken very i'll. About half an hour be.
fore he died his clerk called around at the
Compatiy's Office, and rendered the prem
ium. The agent declined to accept it, The
weeping heirs and wife, though feeling in
tensely over the death of their beloved fa-
ther and husband, yet did not feel inclined
to lose $4,000 and checked their lamenta-
tions long enough to send the book keeper
of the deceased-he had been dead half an
hour then-on another trip to the officers of
the Company, to again offer the premium,
again make an effort to revive that lapsed
policy. But the agent knew something con-
cerning Mr.. Stores condition and peremp-
torily refused to take the money and hence
the suit. The deceased was a sharp business
man, and it is possible that he would have
been so pleased with the business-lik con-
duct of his children as to have pardoned
them for their apparent absence of all-ab-
sorbing grief over his loss. Possibly the
Company will presently propose to compro-
mise for few thousands, and that will be
the end of the suit.
A marriage of rather romantic nature |
took place here a couple of weeks ago, A |
western man was in town for the purpose of
disposing Of lot of mining property which |
he owns in the Black Hills. While here he |
took it into his head to get a wife. He had |
been married once before, in Denver. He |
had seen a pretty girl running a sewing |
machine in a shop, had marched in and
asked her if she would have him. She con-
sentedi they were welded, and in six
months she got Utah divorce. But he was
not discouraged by this, and went to a clair
voyant, and asked her to tell him where to
find the woman whom Providence had se-
lected as his wife. If she put him on the
right track, he would give her $4,000. So
she advised him to go to a certain large shirt
and among the girls employed
there he would find his fate. lie went there,
and asked the proprieIors, to let him look
through their establishment They consent
ed, and he went into the sewing room where
a dozen or more girls were employed. Pres
emily one Of them struck his eye he went
up to her and said, al did not come here to
look at the place, l came to find you. |
want you to be my wife. l can give you
good references. have been married once
but have been divorced, and have a copy of
the decree, so that is all right" She looked
at him, saw that he was not badly dressed,
and was reasonably good-looking, and said,
D