New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-08-12

wears Tie Is n son of John r.. Dickinson, Cali
fornia millionaire, who died In Mar1h, $50. ths
reported that he received but small portion OF the
estate IN consequence of the heavy advances hauo
10 HIM during his fathers lifetime HIS position IN
the bank was due TO the influence OF ms a. ~
law. G.. +. llmpsom, who had been actlNe II i'S
management
HISTORY or THE RANK.
The bank was chartered originally in 1885 as
the Mechanics Banking Association OF New-lorN'
and il became a National Bank on May l. looo'
About three years ago some Of the active directors
under the leadership of the late Trenor W. Park
secured control of the stock with view of making
the bank strictly Stock Exchange institution
whose should be the clearing of stocks
Applicatlon for the change of name TO the Wall
Street National Bank was granted. and on the com
pletion of the Mills Building the bank removed
from its old quarters No 80 Wal-st TO its present
rooms Just north of the main entrance 10 tle Duiu-
ing on Broad-st. About a year ago the bank with
drew from the National system and was reorgahHeG
under the state laws. just before TINS change iiau
been acconpllsed the failure of Cecil ward ~ 90,
stock brokers', exposed the Iaet lha1 uIe u.,T1 ann
had been guilty of over-certlfyrng checks; anu
for this violation of the Federal laws the oncers
were subsequently indicted. 80
The present officers and directors OF the bank are
Thomas W. Evans. president; {. +. Iimpson. wee
president: and besides these Charles }. Osborn
| William L. scott Joseph X. Wells, J. g.. McCul-
lougn William }. Hutchinson and f. Is. Jennings,
directors. The vacancy IN the board caused ~ tHe
recent death of Joseph q. Mills has not been nlied.
The Caultal has not been increased,
part of the plan of the present snG 600 NJ
least 10 double the present capital OF @3oWUOy,
According 10 the report OF Its CONDITION on aTTn r
% the bank had in addition 10 rs capital, "a sur
plus of 500, 1877, and undivided prohts
amounting to $230O3. In the last weekly
bank statement made 10 the close OF ndsIness
on Friday the bank reported: loans, Sl,f'Z;3Oo
specie, S151 700; legal-tenders, $sG.lOO; ana de-
pOsits IL, 1872, 600.
ITS FUTURE COURSE UNDECIDED.
The present directors are sad to own the bulK
| of the stock which was recently quoted at about
mar. The bank has not recently been considered
strong. however and during the May panic checks
drawn on il were refused by several prominent
brokers. The officers declared at the time that
| there was no excuse for this alarm and no founda-
| tion for the rumors affecting it which were ire
| ouentIv circulated Indeed President Evans has
often boaSted in a mild way that the bank had
passed through the May crisis with greater ease
| than many larger institutions. AS 10 tue I4'uIe IRE
the principal directors said yesterday that no
course had been decided on lhey denleu
the rumOr which was circulated IN tne allel,-
agreed to make up the deficiency in capital SO as
to allow the bank to resume business lunnedlatey
President Evans said that some Ot the heaviest
stock holders were out of town at present ana that
| no action would be taken, probably without CON
sultInC them. Charles J. Osborn who hods large
amount of the stock said that until he had louhu
out exactly the condition of affairs ne cOulu not
say whether the bank would he reorgahlzeu VI
not 80, -
NOTHING KNOWN AT DICKINSON = hoJNf'
John F. Dckinson's house, No 80 East seventy
seventh-st. Is one of a handsome brownstone row
| close to Nadson-aye. When a TRIBUNE reporter
rang the bell last night a portly woman emerged
| from the only part of the house which showed a
| lieht-the basemcnt-and came into the area. She
! seemed much augrieved when asked what she kne"
| of NIr Dickinsons whereabouts and her only an
swers "a any questions were firstly that she was
only the care aker and secondly that she had NOT
/ seen any one of the name of Dickinson for a week
! Or Wutp. b,
! A stones throw FROM John r nckinsons dwell
! ING s that oft hia htuthct Frank lh'hln-"N .'t
! uuu N.ndi-ou-nvc llo received the reporter with
! much courtesy. hul denied any kuuwedre of hi7
brother nt his htuthrt'z alaita We thteIN met i
hustneaz said he " aud quite Hs rntoN thllt,
nm theipfufr sinrlv ia The position ut one oi ~"
pubic in thi- matter, aud derive ail nay knowledge
htn thu noWHpHprtH,