The Wichita daily eagle., 1891-10-04
A WRECKEn BANK

| N.
| County Savings institution has closed its
doors and is in charge of Bank Superin-
tendent Charles NJ. Preston. Expert ex-
| aminers have been at work since Tuesday
and have found already that the enormous
sum OF S463, 900 has been stolen by Treasurer
| Ostrander and Matthew L, Trumpbour,
assistant treasurer. 1t is feared that the
stealings will reach over that amount AT
midnight last night Superintendent Pres
ton swore to complaint against Trump
bour. He was arrested at his house by
Chief of Police Hood. He had his clothes
all packed up and was preparing TO dee
from town.
1t is hard to tell what effect the failure
will have upon the people of this county,
as the depositors are mostly poor people,
many of whom are old persons dependent
upon the interest OF a few thousand dollars
which they had deposited in the bank.
The people had great confidence in the in
stitution and the deposits, from 1885,
456. IA in 1857 run up to 81, 1876, ,01033 IN
1873. No matter what the state of the
money market might be, it was always
conceded by every one that the Ulster
County Savings Institution was sound
Superintendent Preston says he will give
statement at 2 O'Clock this afternoon to
the papers. The streets of Kingston are
filled with people and deposiUors are ar
irving on every train and by all manner of
vehicles. Business is virtually suspended,
and nothing else Is talked about. The
city officials, fearing that the threats to
burn the Jail where Ostrander and Trump
bour are confined would be executed, sum-
moned the fire department, who are
watching the bank building and the
court house and Jail opposite.
ANOTHER BRACE.
CHRIsMAN, Ills, Oct 3-This town is in
q nf a 1bgNnnd-
ing of the Standiford brothers, the bank
ers. ToOay the county offered reward of
$500 for the arrest of the brothers. People
here believe that the bankers left the
county with not less than $l50,0O0, and
possibly twice that amount
New DEVELOPMENTS make the bank
wrecking of the Standiford brothers worse.
A month ago the bank build
ing burned and the Standifords
opened for business the next
morning on the east side of the square.
They went to few of their largest depos-
itorS and told them that their safe was so
hot that they could not open it without
destroying everything it contained, and
asked these parties to go on their notes for
$4,000 each for thirty days, and they could
get them discounted and get ahead with
their business. The Standifords secured
$50, 600 in all. If the signers of these
notes are compelled to pay them it will
break them up. This fact has been kept a
secret until today. This makes the Stand
ifords' liabilities over two hundred tho u
sand dollars. The safe was opened today
and all it contained was $40.
CLEARFIELD Pa, Oct. 3.-United States
District Attorney Lyon arrived today and
pronounced the proceedings against Presi-
dent Dill, made by Bank Examiner Miller,
illegal A new Information for false entry
was made and Dill was held under 100000
bail for a hearing on next Friday. Public
sentiment has changed greatly since yes
terday, many believing that the prosecu-
tion has developed into persecution, and
that both sides of the story should be
heard before final judgment is given by
DilPs former friends and neighbors.