Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-12-19
BUSIN ESS.
A CHICAGO BANKER ASSIGNS.

!
| CHICAGO, ILL, Dec. lS.-S. A.
Kean. doing banking business under
the name of s. A. kean s. Co. made an
| assignment this morning to enjamin j
Jacobs. Mr.. Kernel, attorney for the
| banker, says the failure ia u result OF
steady drawing of the finance OF the in
| stitution. For the past two weeks over
5000 200 have been withdrawn during
that time. While there were plenty of
securities in the bank, they were not
| marketable under the present money
| condition without sacrificing them, n
| course which Mr.. Kean in the interest of
| depositors refused to pursue. Mr.. Kerr
nell says the assets are ample TO pay the
! liabilities full. He declared the bank
| had lost nothing through bad invest
ments.
1t is learned that deposits amount to
about $3.50 900. Most of the deposltors
are well-to people, who will not suf-
fer very much through their loss. Very
few people lid business with the bank.
On complaint Of w. w. Roger. who
deposited money in the bank on the 9TH
and 17th iustants, this afternoon took
out warrants of arrest for Ksan and
Cashier George B. Warner for receiving
money when the bank was known to be
insolvent. Arrangements are being made
to reorganize the concern as National
bank.
ATTACHMENTS FILED.
Special to the Gazette.
WACO, TEX, Dec. ESTABLISHMENTS
were filed in the county clerk s office IN
Waco to-day against ]. H. Wilson OF
McGregor, who sold his grocery esrab-
lshment last Tuesday to 3. Pidcoke.
The first attachment was by Shear, Davis
& Co., for S4SS. Is; NJ. A. Cooper came
next with attachment for Sl99.78. Next
came Moore Bros. for S207. 1t is not
thought MIR. Wilson is very deeply in
volved.
FORCED TO ASSIGN.
NASHVILLE, Tenn. Dec. l8.-McGhees
& Co. OF Rome, Ga. wholesale grocers
and cotton factors. will be forced to as
sign. Liabilities, $3.50 900; assets about
the same.
AGENTS OF ATLANTIC MILLS ASSIGN.
PROVIDENCE, X. T.. Dec. lS.-Owens
Bros, agents of the Atlantic Mills, have
made an assgnm ent to Charles Merri-
man. Liabilities are large, but the mills
will continue to run as usual the man
agement of stephen Ometcalf.
LArER-Assignee of the IOwens Bros.
refuses to give any figures. The amount
is no doubt half million, but confined
to a few creditors we'll able to bear the
loss.
The failure will be a serious one. The
cause is the stringency In the money
market. The suspension does not in
clude the Atlantic mills. as that concern
Is more than solvent. Trouble for Owen
Bros. was anticipated several days ago.
NOT AFFECTED.
nao
ayers of the Atlantic mills state that the
mills are not affected by the Owen Bros.
failure, and that the Iatter's liabilities
are 81 900, 900. Originally the Owen
Bros. controlled the common stock Of the
Atlantic mills, but during the past nine
months 81 200 900 additional capital has
been invested, 5000, 600 of whish was in
the nature OF preferred stock.
COUNTY TREASURER SHORT.
ASHLAND, WIS, Dec. 1S.-It has
been discovered that the accounts OF
BARLEY B. Scott, treasurer of this
county, who died at HIT Springs, Ark,
are short from $40, 900 e SIS 900. Be-
fore death Scott turned over all his per-
sonal property to his bondsman. and it
is supposed he had sufficient to make
good his discrepancy.
TREASURER SHORT.
CHICOGO, ILL. Dec. lS.-An evening
paper says Nelson c. Jennings, who for
four years has been the trusted cashier
of the Chicago branch of the Sunday
Greek coal company, absconded last Sat-
urday with $3.50 belonging to the oor-
poration. Speculation in stocks Is sup
posed to be the cause of the defalcation.
He left letter confessinR his guilt.
SALE AND DEED OF TRUST,
Special to the Gazette.
PALESTINE, TEX. Dec. 18.-Ou yes
tsrdsy Maurice Lucas. dry goods msr.