Telegram-herald., 1890-10-18
EXCITED DEPOSITORS
Cause = sman Panic At the Firth
National Bank.
IHEY GLlS0RED FOR THEIR xOSEY
kh~ tastitatioa n nssls ths sbssk utth.
sas FisaeAlax aad so5. $40 so Pad
Oat-rrssidssE D1ahaEa hssigas-
MaFs Aha4S tAs k4ll4rs.

stt-l4A LAAH+tA4 ~A-AtttNA- Us - 80
latest intell gencs. and is authenticity
cannot be doubted.
Yesterday m0rllngs ~ reason 0f a
sensational arlclg published IA the
Democrat, the dsPosilors became
alarmed and made a run on toe insti-
tuuoa, which nearly resulted IN =
panic. Every demand Was met unhesr
igaungly. however, aud 81 the cioslng
hour 500 coo lad been paid out.
When the bank opened al 3 o'clock
there was only t34 900 on hand A
crowd stood about the doors. and when
they were thrown open they rushed IN.
Casaier Fowler was at nis windoS pre-
pared for the emergency. He was pale.
bat cool as 4 cucumber. Al his AIDE,
On desk, vas pile Of currency, tied
up .n packages Of $500 each. Then
there were piles OF gold and silver IL
large amounts.
The hrstman % step mp was Bridge
81. merchant, who has done business
with the bank ever since It started. lie
passed over ms book. az tae same time
demanding his money. lis account
was figured up. and he was paid. The
crush was So great that ne could hardly
SCI tout.
Don't crowd. gentlemen. you Will
all get your money. Oh, this bank u
sold. we won't fail iu a hundred
years. Who's nexty' These aud other
remarks were made by Cashier Fowler
lu good latured manner. one oy one
tue mob Was waited Ou. Finally Press
dent Mather, ot tne Howard city Bank
pushed n.s way %. He made an eN-
cuse that he bad urgent necessity for
money which the bank owed him. He
presented his credentials, and 5000 was
handed cut 90 him.
Funny the president of another
bank should become alarmed" !" OBJ
served the cashier.
By this time the crowd had increased
% fully 200 people. Many of them
were IDLE curiosity seekers. While
others were almost frantic III their ex-
element.
An old woman, with unkempt hair,
dressed IN an untdy calico wrapper,
with rolled up sleeves edged her way
IA.
''I want my money" she exclaimed,
breathlessly.
"YOu shall have il, said the cashier.
Her book showed $500 TO her credit.
She put in dirty old handkerchief
and started away. From appearances
she had lust come from her kitchen,
and in all probability she couldn't be
induced 70 again deposit her money
even III the vaults Of the United States
treasury.
Tue priest of st. Mary's Church came
IN looking very much like frightened
man. lie presented a check Tor $1,000
and received the packages of green
backs. These he slowed away IN the
capscious pocket of his gyeat overcoat
and left. HIS action seemed TO give
fresh impetus TO the panic and soon
many members of his congregation
were demanding their money.
4. G.. A. NOgt, of the NOigt Milling
Company, came n very quietly and de
pos ted $1,000. About twenty Germans
who were awaiting their turn saw him
DO 10 and tnelr fear was allsyed. They
went away feeling confident that the
bank was all right.
Father Pongauls had confidence in
the Fifth National. lie did not demand
his money. but made q deposit of
several hundred dollars.
one man. probably the most excited
of ai. rushed up to the window. About
$500 VAS paid over 10 hlm so quickly
that ne shook ike an aspen leaf. He
glanced about him and saw one OF the
directors. Going up 70 HIM, ne said:
sI 40 not know what / am going TO do
wth this money now that | have II. -
tie finally handed the currency TO the
director and told him 70 do anything
he wanted 70 with lt.
And so 10 went the entire day. At
noon there was rush OF women, clerks,
mechanics and laborers. They drew
out from s25 % 500 each. During the
afternoon several substantial business
men OF the West SIDE deposited unus-
ualiy large sums.
wy. DUNHAM RESIGNS.
A meeting Of the directors Of the
Fifth National bank was held yester-
day afternoon, and VIM. Dunnam ten
dered bis res gnstion. which wa
promptly accepted. He was a heavy
indorser Of Peters, ana sc bank stock
cannot be put up Ss collateral
by director OF President.
be was forced 20 resign. Vice
President James n. Robinson vas elect
ed TO succeed Mr.. punbsm. There arc
now three vacancies. thevice presidency
snd two members of the board IF 81
rpct0rs. caused by the res gnatlOn OF r..
a. Peters and Wm. Dunhsm. Con-
gresham Relknsp viii undoubtedly be
she next Wee President but AT cleo
tion Will probably net be held until the
annual report - made on the first OF