The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1895-08-29

perhaps not altogether, but the meas
ure reduced. Still others acted more
belligerent ABOUT it, Their fingers
twitched nervouslJ, their teeth were so
firmly set that little knots of muscles
stood out on their cheeks. 1t was well
with the directors and stockholders of
the bank that they were not there.
For a time it is feared they might bave
been hardly dealt with. Of course,
Dame Rumor got among them and sug-
gested many names who were thought
to have been stockholders. These men
came in for denunciation, but nothing
very severe, though probably sensa-
tional
The Connection With the Bedding Co.
The connection of the Bedding COM
pany with the baTl. had become mat
ter Of some talk ;saong ttose on the in
side of the banks affairs some time ago.
Immediately atfsr the big fire out of
which the big arson and conspiracy
case grew, surmises were made that
the bank was on some of the paper of
company. This was not positively
known until some Of the paper began
to show up from eastern banks which
had discout ted it. When it got here it
was allowed to go to protest. Then q
storm broke in the affairs of the bank.
1t is said on pretty reliable authority
that Dan Head scored Mr.. Lewis very
severely and was anything but pleased
with this connection. 1t is believed
that there was at least $25, 900 or $780,
600 of this paper. 1t is said that this
was what in reality led to Mr.. Lewis
severing his connection with the bank.
In the most guarded business even Sc
crets of this character will leak out and
they did in this case. AS the story
spread about in one way and another it
is not to be wondered at that the de-
positors began to feel insecure. The
only wonder is that the city depositors
did not seem to regard the affair as Sc
riously as did their country cousins.
The run began among the farmers and
was mostly kept up by them. 1t was
very quiet run. There was no hustle
and stumbling over each other. One
on the outside would scarcely catch on
that there was one. 1t was long one
and extended over a couple of weeks,
but that made it none the less sure
one.
The Meeting To-day
The stockholders of the bank, who
are Dan Head, Q. j. Lewis, F. W.
Engle, William Engle, Matte French,
Alfred Mile estate, E. G.. Hazelton,
M. P. Lewis, Cora M. Holt, j. R.
Marsh and r. E. Sutherland, held
meeting this afternoon in the Office of
DR.. HazeltOn. 1t was decided to turn
the matters of the bank over to an
assignee. George Hale was picked
upon as the proper person to take the
settlement of the matters in hand
Decisive action was to have been taken
in the premises at 3 o'clock this after
noon. 1t is pretty universally admitted
that Mr.. Hale will have big job on
his hands if he attempts to straighten
out the affairs of the institution.
What stockholders Say.
When seen about this affair Dan
Head, the venerable hea of the insti-
tuition, said: " We have decided not to
resume business for the present. We
will hold another meeting of the stock
holders this afternoon. Personally |
am in favor of assigning, but that is
something for all the stockholders to
pass upon"
When William Engel was seen he
stated that he could not say that he
knew much about the affairs of the
bank. He could not say when the
bank would resume, if ever, and said
that, of course, everything would de-
pend upon the condition the affairs
were in. He thought there would be
radical change IN the affairs of the
bank if it did resume. He thought
Lewis should have been put out two
years ago. Both he and Mr.. Head
seemed to think the depositors would
be paid in full. He said the stockhold-
ers were surprised at the suspension
and had no idea that things were not
all right He said there were some of
the securities missing that were sup
posed to be in the bank. He thought
these amounted to $4,000 at least. He
was ignorant Of the deals with the Chi
cago Bedding company, and could not
say how much paper the bank was on.
The Assignment Made.
This afternoon at the meeting of the
stockholders it was decided to assign
and George Hale was named as the as
signee. He was required to give a
bond for 100000. This Mr.. Hale will
furnish as soon as possible and enter
upon the duties of the position.
Were Never Connected With It.
One of the depositors in the bank
who came in from the country to look