The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-21
FOR WOB Fa L0CAi NEWS
CITY NATIONAL Bank CLOSED
After Much Public Excitement and "A
Heavy Nuu-JohR Nichols short
as City Treasurer Ss7,OO0.
Fcrgeries Discovered.
Other Items.

over the u0lalcAtlOn OF John Nichols,
late vice.prosidont and teller of the
City National bank. The committee
from tho different banks who had been
requested yesterday morning by Mr..
a. Nj, Bcittou, president of tho City
National, TO examine and report upon
the affairs Of the bank, did not finish
It's report uutil late last
night and consequently what the
committee reported was rot generally
known IN the city until this morning.
Right hero II Is proper to correct
AN ERKoR
which appeared In this mornings
! HERALD IN regard to the report of this
committee. twas stated that the COM
mittee said they eXOnorated MIR. Il. S.
Bulw9r, sOn-in-iGw OF Mr.. Nichols,and
book-keeper In the bank, from
any connection with the affair,
when the fact was that tbey
neither undertook 10 censufo nor ex
onorato anybody. THE HERALD
correspondent was led into this error
| by Information furnished him bv a
well known gentleman of the city. and
a man OF honor who, himself, was mig
takon IN his Information. Whom the
true report OF tho committee was got
| s6n, which was ABOUT $50 this morn
| ing, 10 was sent az Ouco and intended
10 b0 substituted for the one sent pre-
viously, This is all there is ahont IL.
| The officers ~ tho CITY National
bank are A. NJ. Britton, president, and
| George Il. Newton, cashier. MIR. John
Nichols was, before his death, vice
president and tel!or. They claim 10
nave ,G capitsl OF $4,000 and sur
plus OF $4,000. TIE officers of the bank
! anticipating run on the bank this
! morning by reason OF rumOrs having
heen circulated that the bank was
! crippled ny the dedication, had made
/ arrangements with tho banks IN tho
city TO got SGO,0OO so as to
| rencY Srly in tho morn iIi
. c. w' Lercc &C. collect about the
l!col,ucnr, enc When tho bank opened
| itr ccerc Ley loGe~ Go pour into the
| doc. ere drCE out tho.r money, Whilo
/ :. c,cwc tboJ altered about the
tsui, Cd, l. T. gn waiting his turn, was
move. con posed o. more than 60 mao
| Pic, they kept coming until O'clock,
| when the run WAS no an end. BY this
/ Ame CpniduuCs hsd been re-
Is.nrCd, for Notwithstanding the run
all day long deposits wore bBing made
| by solid business men. It was notice
EOlO mat tho ran was made altopether
10y iarmors, laO0ring mon and women,
VINO for tho most par. only haa small
amounts on deposit Whom the bank
was thought by tho officials TO nave
p-ssod through tho crisis, n telegram
| was received from tho comptroller OF
J 'ne currency, nc Washington, which
CLOSED THE DOORS.
~ O'Clock the front door was closed
and the following putonit:
.AI5 bank has suspended bv order
OF tho comptroller OF tho currency, as
per telegram attuuhed.n
| Washington, d, c., y o'clock, Aug. ~
! 10 a. NJ bHllon, PRESIDENT, Fort Worth
Examiner has booq ordered TO take
| posse sion and eX9mino your bank,
| Close doors and hold all assets sg thew
are until his arrival.
! lSiEncdl j. $. LAN0wERruY,
Deputy Comptroller.
| Mr.. bNtton this morning had tole.
| graphed tho comptroller of tho default
OF $4,000 In ordor that tina. official
might not, perhaps, REQ some exguper-
/ ated account OF 10. He did not eNpect
such an answer as this, and had pre-.
pared ~ tologrNm, signed by the vRri-
Gus National banks in the city, asking
lha1 officer To rosoind his ordor,as they
were perfectly sblo 60 pay out, and
This WINS just about TO co hant
when q tarmor, MI. G.. o. Edwards,
came IN 90 draw whas money he had
Nov much money do YOU think
you have 20 yaur urodit?n said Mr..
,",well, about $780, responded Mr..
Tho books were examined and 10 was
found That thore was only some Sl,8OO
TO MIR. Edwards credit, but
4 FORCED CHECK
Tor $4,000 was found. IL ran thus:
Fort Worth, Texas, Aug. I'd. lSSj
"fhe City National hnnk will nay
cash $780, {. o. EDwARps.n .
This check was Cancelled ana marked
PAID ana across the back Oft check
was wrltton the name of A, Il, Grow.
10y This was pronounced by Mr. Ed
wards u forgery, aud eot knowing
now many moro such might bB behind
u was d cldod 20 close tho doors until
no bank examiner arrived.
Mr. Britlon states positively that
iho handwriting on this
is tLE' nv Mr. Nichols, ann while there
IN ON alt0mp. 20 disguise 10 in tho siK-
ha.urei 10 lsall one and tho same hand
writing.
AnourTuE SHORTAGE.
- or, Brlttou was HsOu THIS evening by
IHE HERALD coT0spoudeut ia com.
pAny with other nowSpRpcr men, and
he very kindly gave all tho iniorma-
ton OF the d9iAlcation, IL was frat
learned That Mr.. Niohos was short Ia
nus caSh accountaltor hts death, when
" was found out that MIR. Nicnuls had
on th5 llih OF tho month Dor
r1Wcd on tho City Nationals credit
S1'ouO from tho First National, 50 QUO
from tho state National, and $500
from tho Fort Worth National. rms
MONEY has all bt on paid back 81 these
nNnhS Nuoe Mr.. Nichols deAth. la
tne private drawer OF Mr.. Nichols was
~ V' NY, uop9slt cheoks amounting 10
So,uOh which hui never been
outorod ON tho BOOKS of the
bank. Ia addition 10 this, MIR,
Nicnoli was treasurer of the city md
" Rhoft Ia his accounts Sg7. 900. and
thuh his dOialuatiunA run un TO A pretty
lafg9 sum, and Il Is OK .romaly doubt
fll whether
MS PROPERTY
!. huihclenb 10 pay a in Iull, Mr..
Nio9ols owned 52j shares of the bauk's
slllsi on, this mas al boon hyp0sno.
GNl,u ilr loans except 81. 900. 10 also
ntd f0uN IN atuOk ni rho n ,tiounl
- INK OF Colorado CITY. whien is
also Thought o. he 6vpothprnttd.
no also owned property la thB ctty
worth probably $4,000 ani A farm IN
tho country. Tho city will losa nosh
in6i ior tho bondsmau ara Mossrs.
J,,osuph II, Brown, A. VI. Briuon, b. @. |
Evans Sidney Mariin, .. W. Llmax,
" a. Huffman, wa ara pariactly
sl1d lor that amount aud viii hardly
, ,el having 20 paw II. IL is probable