The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1884-05-10
NIGHT DISPATCHES.
General Grant Submits to an
Interview.
rhe Future Prospects Of the
Country Discussed.
He Favors Logan for the
Presidency.
Terrible Disaster With Loss
of Life.
Affairs Of the Dafunct Bank
More Promising.
Annual Meeting Of American
Tract Society.
Affairs Of the Dafunct Bank
More Promising.
Annual Meeting Of American
Tract Society.
The Defunct Bank.

NEW YORK, May 7.-All infOrma>
tiOn concerning future arrangements
il refused by the officers of the Ma
rine Bank. Notices are posted on
the banks doors from the Evedett
Bank, b stOn; Bank Of Commerce, ol
Connecticut, and Dayidge 4 Da-
Wis stating drafts, checks, etc., on the
defunct bank drawn by thos- parties
will he hOnOred on presentation by
the Hanover and Metropolitan banks
and the last named firm,
Manager Camp, Of the clearing
house, states there are no new de-
yelopments in the Marine Bank fall
ure, out the situation is not nearly
- bad rs ut first supposed. It is now
that President Flsh exhibitei
undue haste in closing the doors of
the hank. The directors would not
have consented to his action had
they been aware of the exact situa-
ton of affairs. The same is said to
he true of the Grant s. Ward failure,
which was brought about by Ward
remaining away from business and
practically losing his head.
The president and directors of the
Marine Bank are In secret session.
An official states 1t more than prOb>
able that the bank may come out all
right. DepOsitors are being paid in
full.
The Supreme Court to-day granted
several attachments against the prop
erty of Ferdinand Ward, Of Grant
T. Ward, brokers. The first was
granted in the suit of Horace G.
Hotchkiss and Joseph r. Be'ern-
ham, against Ferdinand Ward. u. s.
Grant. Jr.. Jas. D. Fish, U. s Grant
and WIN. G. Smith, to recover 81. .225
from defendants as drawers Of q
check upon the Marine National
Bank. The check was delivered to
plaintiffs, presented to the bank and
pavment refused. T ey charge on
information aud belief that Ward
lett bis seat with the intent to de-
fraud creditors, and had removed his
property with like purpose. The
next attachment was in q suit by
Theo. WIl-on Il Co. to recover 81 .2O
monev deposited for stocks. These
stocks had been borrowed, and Will
sou Is Co. offered to return the stock
yCSIcIu0y nuO tsSO AAAOuVy
deposited, but Ward Is Graut refused
to receive the stock or return the de-
posit. The third was granted In a
suit by Heath & Quincy, brokers, to
recover $548. THIS money Was owed
plaintiffs by defendants and the lat
ter refused to pay.
The statement that the Erie rail-
Way lost heavily by the Marine tank
is denied by President Jewett. who
states that the bank held but $lOO, 900
to their credit when closed.
The Marine bank directors are still
In session. Ihe bank examiners de-
cline to say anything. The deposit
tors say no doubt the bank will pay
them in full.
1t ls stated sffairs of Grant q Ward
are turning out better than supposed
The fro expected to prUcur~ large
loan which would carry them along.
but the loan was not obtained aud
Ward gave up. IL is now thought
the assets go further than expected.
Comptroller Grant said to-day he
had reason to believe the depositors
In the Marine bank would te paid In
full as the city which had one mil~
lion dollars on deposit, would lose
nothing.