Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1889-10-31
SETTLING UP.
The Abilene Bank Hard at Work for
Its Creditors.

lene bank has not entirely been allayed
but it is much less than yesterday and
the feeling is a very hopeful and con-
fdent one among the depositors.
The card published in last evenings
REFLECTOR went far toward quietiDg
public feeling and many who had
doubted somewhat the ability or the
firm to resume business were made con-
fdent of the probability that it would
be done soon.
Lebold & Fisher are rated in Dun's
mercantile reports at S75O,OOO and
their personal liability is not limited
there is no reason why they should not
be perfectly able to settle in full with
every creditor.
THE CONDITION OF FINANCES.
Expert accountants were at Work
last night and today on the books. NO
particular change from the figures
given last evening is made. The liza
bilities are approximately S4OO, 600 and
consist of deposits and rediScounts.
The latter were the direct cause OF the
suspension as the firm had guaranteed
the interest on large sum. The de-
mand for this caused the suspension.
Messrs. Lebold s. Fisher have been
liberal and open-handed to a fault In
the past in their dealings with their
customers and it is to their extreme
accommodation that they may attri-
butte their present stringency. Scarce
ly business house or prominent in
dividual in the county has not at some
time been indebted to them for favors
that have tided over difficulties and
hard times.
SETTLING WITH CREDITORS.
Mr.. Fisher has been at his desk since
early yesterday morning settling with
depositors and other creditors. A large
proportion of the depositors have been
made safe by the turning over TO them
of real estate and satisfactory collateral
security.
Several firms had from So, 600 to Sl5,-
600 i'll the banks vaults, but they have
been perfectly satisfied. The uePUsl-
tors GENERALLY are inclined Ia have lni-
DiiciU confidence in MesSiS. LeDt and
Fisher and for this re;GaUn LhUle has
been much less excitement than would
Otherwise been noticeable.
TWO CARDS.
The following cards ale Issued by
Lebuid * Fisher. Tie first Is one al
thanks for yesterdays expression Ol
good will, aud includes Il promise whicit
depositOrs will receive with pleasure:
We wish to express our most sincere
thanks and appreciation for the many
expressions of sympathy extended 10
US by the public, and for the wise coun-
sci that has prevailed OIL the part of all
tue attorneys, and Cor the very gener-
Gus treatment we have received at the
hands of our creditors. The situation
is now very encouraging. We wish to
caution our creditors not to sell their
claims at discount, as We can and
surely will pay every dollar We owe if
we are not hampered by litigation, and
thus far no one has sued, or even
threatened suit. We are slightly dis
figured, but still in the ring.
LEBOLD, FISHER & Co.
The other is prompted by the need of
funds to meet demands upon the firms
funds, and is as follows:
All parties knowing themselves in
debted to US, either by overdrafts OF
past-due notes, will confer a great
favor upon us, as well as our patrons,
if they will pay us at once if at all pos
sible, as we wish to use the money in
liquidation of our Indebtedness.
LEBOLD, FISHER & Co.
MAYOR LEBOLD COMING.
Mr.. Lebold left Ohio yesterday for
home and is expected tonight or tomor-
row morning. Upon his arrival a set
Element with all creditors will be
pushed to csnclusion at once, and it
is thought that inside of fifteen days
the banks doors will be open again.
No suits have yet been brought, and
it is probable that none will. If none
are brought, the firm will be able much
sooner to straighten up affairs and
enter upon business once more as of
yOre.
No firm in Abilene has done so much
for the city or the county as Lebold &
Fisher, and it is hoped and believed
thai it will receive in its extremity the
forbearance and goodwill it has in the
past extended to debtors. The RE-
FLECToR expects to see the firms
affairs brought to successful and sat
isfactory outcome in the very near
future and every creditor fully remu-
nerated.
Vote for Romig for
surveyor.
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