The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1891-11-07
THE BOSTON SMASH.
Some Cold Facts Brought Out by the
Failure of the Maverick National Bank
of Boston-A Life offered Up for Friend
ship-Some Queer business Transactions
that Appear to Have Had an Unsuitable

that appear 20 nave bad an Insetfaoio
Nav.
BosroN, Nov. s-The following il
printed by the Boston News bureau:
The friends of Irving A. Evans de-
clare that he offered up his life as q
tribute to friendship He was worth
$500, 900 one year ago, and gave all this
| and more to save his friends Checks
were kited by him between New York
and Boston and he had enormous arbi-
trage transactions in both exchanges to
make clearings between the two cities
and assist the Maverick bank to meet
one draft with another. When this
strain could no longer be borne, he
overdrew his account at the bank to
make his own clients individually
| square, destroyed all evidence impli-
eating any other parties and, declining
to return to the city to effect a settle
ment upon his own account at the
bank. he put himself ont of the world
to save Mr.. Potter and the bank. His
dying words to his wife were: Don't
| blame me-"
When his body was cold, his hand
was found bare of the handsome gold
ring, which he had worn for long
time, a gift from Mr.. Potter. lie had
| taken it off the day previous to his
death and throwing it carelessly in his
hand, remarked to his aunt: This
| means nothing to me now, for have
no longer any friends"
Upon Mr.. Evans books are five joint
accounts. Joint account No. =, is what
| MIR. Evans termed to his associates and
confidential friends "the big account"
1t is this account that is $500, 900 under
| water. There is no evidence of one
living man, We believe, that shows Mr..
Potter was the partner upon this joint
| account II has been assumed by the
bookkeeper and Mr.. Evans partners
that this account belonged to Mr..
Evans and Mr.. Potter jointly. but Mr..
Potter's name is not upon the books,
and Mr.. Evans in his last letters ex-
planned it explicitly. To different per-
sons within a year Mr.. Evans has said
that Mr.. Potter had no joint account
and no transactions with him.
Mr.. Potter has been paid about $780,
900 as profits of joint speculation with
MI ENdns' out mr. Iotter uecidres
that he has received no checks from
Mr.. Evans for eighteen months, nor
has he, during this time, had any per.
sonal account with Mr.. Evans All Of
Mr.. Evans great speculations during
5,,,,,s =, a. - - ~. -.
-, 81 :, :, 5..la,d h,, 80. 80,
nIa th.t tha N.rar;cl, ha,L s,rpI,,s
w,s in reality tb. n,r,n.- On tb;s ;o;n,
-.
dccouhI-
1t was understood BY Mr.. Evans
family previous tn his suicide- that Mr.
C,. =. ;,,,,,I,-,,,, - a.. r. ,,,.,s
the maverick DanR SoOV'ooo ana hau up
$500, 900 nominal collateral, and it was
n settlement with the bank that his
h-o,h.,,. b,d ,,.-.,c,a5 +b. d,,, bofo-.
i"" ''e 10Y
the latai act II was represented W
the bank that the house was only S35,.
OeO under water. and IL the hank vould
81, a., u.1 " -, go
"
ana orother woulu make tne amount
good to the house and hquidate the
creditors on the basis of 100 cents on
the dollar. This settlement was exc
cuted few days after Mr.. Evans
death, and the bank directors voted to
release Evans & Co. from all liability.
1t is probable that the directors did
not know the amount of the liability
Va" " "
So 600 - - 49,
,,o,, - -, :; -, Ssoo ooo 81.
~ a. IL. - -. 100000 , -
s,,"1,I1 - - -, a. 80
L. H.. 20 -
pi~, ~
III 80 say' q. ~. '.ne =. .ne
, % I:AIn:. ~ -. -. ~.
.;,,, -. = 70 ~ IL ,aai;nSs \.
.n = '', II, ~ I,;,;.-- a.';s,i
NJ. -. a.aas, -. -. =.
-. Ill, :. ..Ii,, I,.;hIo
NJ. Tahs a.,ncu - r.. q r.
It. a., ~ - 60. a.a.o.
90 NJ De-. 90 a. ,..o,,,,, -,
which he believes Mr.. Potter was liable.
Col. Albert A. Pope said last week
that he had no evidence that Mr., Pot.
ter was responsible for Mr.. Evans sui. |
eide. but he belie7ed it, and if the evi.
dence was good the ioipt account
yould he collected ~ IL tool, the roof