Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1878-09-04

ACCIDENTAL DEATH.

SAN FRANcIsco, September 8.
The Farmers and Mechanics Bank of
Saving closed its doors this morning, and
posted up a notice to the effect that the
Directors had ordered the bank into liqui-
dation, but assuring depositors the assets
were ample to pay all their dues. From
information obtained from officers of the
bank and the Bank Commissioners, it ap-
pears that the bank had a nominal capital
of $3.50, 600, of which $50. 900 was paid up.
The concern has been doing a mixed COM
mercial and saving business, in contravcn-
ton of the law permitting no savings
bank to engage in commercial banking
with a paid up cash capital Of less than
$500, 900. The suspension is mainly due
to bad loans on commercial paper COM
mercial loans were considerably in excess
of commercial deposits, showing a careless
use Of savings deposits. The assets Of
the bank are, however, sufficient, with
proper manage mt, to pay depositors iii
full at an early date, and perhaps some
thing to the stockholders. The Directors
announce their intention to levy an assess
ment if necessary to make dcpositors good.
Nearly one-third Of the stock has been
bought in by the bank in settlement with
holders. Real estate to the amount of
something over $1,000 has deteriorated
about SO, 600, and there are some $37 600
of bad or doubtful loans. There is due de-
p~osi.ors about 1855 600. Tho Commission
crs gave the bank authorities their choice
| Of repairing their capital by the addition
of about $50, 900, and conducting a purely
savings business, making a cash capital OF
about $500, 900, and going on as before or
going into liquidation. The Directors
chose the latter course.
4 . &In AG;,, IF flna I,Sffon MtAfrv rAx..
pany reports that a compromise with the
Alta has been definitely arranged, are de-
MED, though it is intimated u solution of
the vcxed question is not far distant.
In the case Of Wills VS.. Austin, to re-
cover money paid for taxes under protest.
which was decided by Judge Dwinelle in
favor Of the plaintiff, the Supreme Court
to-day rendered a decision that money
cannot be received back IN the judgment
in the Court below should nave been for
defendant. Judgment and order reversed
and cause remanded, with directions to
the Court below to dismiss the action.
Three Other cases pending were covered by
the decision, and it reaches in fact all
protested tax cases to which ex-Collector
Austin is party, the amount involved being
about $500, coo.
San FRANcIsco, Sept. 3.
An autopsy of the body of Ex-Governor
Haight this evening, showed that death re-
suited from heart disease.
Ex-Supervisor Kelly, who killed Russell,
has not yet been rearrested, which occa-
ions considerable comment.
At a meeting of Yellow Fever Relief
Committee last evening, it was found that
subscriptions to the fund for the Southern
sufferers aggregate upwards Of SIS. 900 to
date. A remittance Of 5000 or 500 will
be made tomorrow. The committee we're
notified OF a number Of concerts and lit
erary entertainments to rome of for the
benefit of the fund. Subscriptions will be
started among the teachers and pupils Of
the public schools. The committee will
wait upon the brokers tomorrow.
Aspccial meeting Of the Board OF Health
was held this morning, and a commnnica-
ton from Health Officer DR.. j. L. Meares
was read, setting forth a number of build
inSs in Chinatown that were uninhabitable
on account of their filthy and crowded
condition. The report Of the Health Of
ticer was received and he was directed to
proceed against the premises according to
law. DIR. Meares said Chinatown generally
was in a better sanitary condition than
ever before, owing to the action of the
Board Of Health.
Among those who fled petitions in bank
ruptcy at a late hour Saturday night was
A. p. Stanford. His schedule makes his
liabilities S193.9 $50 20, all unsecured, OF
which So, 500 is due Leland Stanford and
sci 700 due the estate of w. Is. Dourn.
No assets.
TRrcKEE, Cal, Sept. 8.
The body Of James Perry Butler, aged
% years, a native of Illinois. was brought
to town.. Butler was crushed to death this
morning by a big log rolling over him,
from a wagon at Koty's Camp ON the Little
Truckee river near Boca.