The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1893-04-23
FAILURES.

KANSAS CITY, April Attachments
| were levied this morniug upon the Benja-
! min McLain Hide company of Kansas
City. Kan, aggregating S67. 600. The at
tachments were run by the Metropolitan
National bank OF this city for $4,000. The
| other creditors who have SO far made
themselves known through attachments
have claims for small amounts. Yesterday
afternoon Frank +. Tyler, the principal
st0Ckho Id sr in the company and its man
ager, gave mortgages TO his wife and slSi er-
in law Mrs. Ben jamin McLain, in the sum
OF $50, 600 each. Tyler is not TO be found,
and no statement can be obtained concern
ing his embarrassment. Benjamin McLain.
the founder of the company, died some
TWO years ago, leaving the bulk of his
estate of 81, 600, 900 to his wife and his iu-
terest in the hide company to his son-ln-
law, Frank Z. Tyler, who has since that
time managed the business.
This afternoon attachments were
brought in Kansas City, kan., by Swift &
Co. for 81 800 and hy the Santa Fe Railway
company for Sc, 800
CHICAGO, April 22-Frank E. Tyler,
who is extensively engaged in the hide
and fertilizing business, having branch
houses in this city. Kansas City aud New
York, under the firm name of Benjamin
McLain &. Co, was served with attach
meptS this morning in behalf OF the Met
ropolitam National Bank OF Kansas City
for 800 600. The attachments were made
in ald oi two aSsumpsit suits comneuced
Simultaneously IN the circuit court--ohe
for S;}o O00 and one for s2O,0 The seizure
was made at the Metropolitan National
Bank OF Chicago, where, according 10 ad-
vices, TYLER has 600 on depost. The
Hicks Car company. III which Tyler is said
to own one-half luteresI was also levied
upon. The metropolitan National Bank
at Kansas City, which preclDitated the
rush upon Tyler, claims in one count that
he freuduleutiy obtained $4,000 OF the
amount attached for from the bank, and
iu another that the balance of the money
which IL seeks to recover, S24 300 being
stipulated III the attachment. Is AN open
book account for moneys loaned and ad-
vapced.
BosToS, April CASA p. Potter. con.
vlcted Of false cerilticatIon OF checks
drawn upon he failed Maverick National
bank OF which he was president, was SEN
fenced today To sixty days imprisonment
and to pay fine of 81 900.
MILBANK, :. d., April % The Bank of
Milbauk today made an assignment for
the benefit of its creditors to Hon. 5. r.
Rold. The stringency In the money mar
ket Is understood to be the cause. The
II bllities are reported to be over 500 900,
amount.
NASHVILLE, Tenn, April % The United
States grand jury today returned into
court SIX indictments, based unon the
failure, some weeks since. OF the ConGner-
cidl National bank of this city. One in
dictment in the district court is against
Flank Porterfeld. cashier OF the bank,
and anot her l. against George A DHzey
Those indictments charge conspiracy TO
detraud and iujure the stock holders of the
bank. OF the other indictments three are
against Frank Pogtertisld and The fourth
is against Marcus A. Spur, president of
tue bank.
FRANKLIN, o, April 22.-An assignment
10 T. Il ked was made today by the
Friend x Ford Paper company. Tne liza
DIsIties are e2DG the assets are lot
given. lhe failure Is due to emDavTass-
ment caused 10y The failure two wears ago
Of Clark, Friend, Fox u Co. of Chicago.