The semi-weekly tribune. [volume] (Great Falls, Mont.) 1890-1891, 1890-12-27
ALL AsoUt the INDIAN SITUATION.
Several Of the Followers of Sitting
Bull Return to the Agency and
DevOur Their RatiOns.
X. G. Dun & Co. Make Their Weekly
RepOrt-Business Good but the
Monetary Stringency
Continues.

Z CHICAGO, Dec. 9.-S. A. Keen, the bank.
er, who assigned yesterday, was brought
into court this morning by the deputy
sheriff, looking very pale and wan. Kean
was arrested on warrant last evening on
a charge of accepting deposit of $1,15O
when he new his bank was insolvent.
On cross examination Kean stated he had
a statement drawn up hastily three days
before assignment, which showed labili-
tiles $528,278 and assets $6O3,sQO. This
statement is about 100000 less than
that made by assignee Jacobs, yesterday,
but Kean said the statement might not be
exactly reliable. Kean estimated average
daily deposits for past thirty days at $4O,-
900 to $4,000. Two hundred thousand
dollars could be realized on bills receiv-
able. Fifty seven thousand dollars
worth of land scrip scheduled in assets
Kean admitted was all 'hypothecated in
New York, and that it will take 1000
to secure it. His statement showed $780,
900 cash on hand and due from banks in
transit. This Kean said would not apply
at present, and $4,000 would corner 1t.
He further admitted that 'loans and pre-
miums on bonds" put at $4,000 in his
statement, would not yield over $45,0OO.
Kean said there was large amount of
personal real estate in the hands of the
assignee which did not appear in his
statement. In summing up Kean's state
ment, the council for the depositors said
it did not look as though depositors
would realize over twenty-five cents on
the dollar. s 80. .....
John Farrson, Of Farrson, Leach & Co.,
bankers, and formerly partner Of Kean,
made some interesting statements on the
witness stand. He left the firm in Feb
ruary, 1889.
"What led to your withdrawal?" was
asked. b
Farrson thought moment and then
replied, slowly: II was norsatisfod with
Kean's management of the bank. Then
my health was not good, but the chief
reason was that Kean's management was
not satisfactory"
1t developed that Wilson Waddingham
OF Kansas City, wealthy cattleman, had
in July of last year thought Of going into
partnership with Kean, putting $3.50,
in the business. He sought a statement
of the condition of the bank from Kean;
he took this statement to Farrson for his
advice.
"What was the result of Waddlngham's
interview with your"
swell, Waddingham did not 60 in," re-
piled the witness dryly.
Farrson stated that the cause of his dis
satisfaction with that mans methods was
that he expended too much money in use
less advertising.
Cashier George B. Warne was interro-
gated next. He was more than prepared
to unbosom himself and he brought some
of the books of the bank voluntarily. He
showed by the books that the daily with
drawals from the bank since the first of
the month averaged about 100000 up to
the day of assignment. The tltal cash on
hand Oh December 17th was $27, ,9O2; due
from banks, $24, 100; cash in branch office,
$500. Then there was an unknown
amount in the New York office. Against
this small sum there was on that day due
Chicago depositors $379, ,494.