Waterbury evening Democrat., 1895-01-10
W. W. TAYLOR.
MortGaged All His Property.


 It develops that plaster mortgage reached Redfield Wednesday morning and was duly filed in tho register of deeds office transferring to a company in Chica- go all his real estate and chattcls in this city and Spink county.
 Next to the state the blow falls terribly hard on his principal bondsmcn, who re- side here. They qualified In sums repre- senting all they have in the world. Tho entire city used the bank for depository; hence a deadly paralysis has affected all the arteries of trade and social life
 Talyor is about II years old married but has no children. He camo to Red field from Lafayette Ind, about the fall of 1885 and opened n banking business. He soon secured the entire field, two other banks going out of business Taylor got into politics and secured the nomination for state treasurer at the Republican con, vention at Mitchell in 1890, and in 1899 secured the renomination for the same office at Madison.
 As an indication of his general stand ing heretofore in the state and the utter lack of suspicion as to any questionable design, it is noted that Governor Sheldon pays a compliment t0 Taylors efficiency ! in his message to the legislature Comptroller Eckels has wired that Ex. aminer Zimmerman has been ordered to | come here at once and take charge of the l bank.
 He Invested Recklessly. ABERDEEN, s. D.. Jan 1O-From abso- i lutely reliable sources 1t is learned that | the dedication of State Treasurer W. ". l Taylor will reach $500. 900. Practically l all state moneys were in his hands except | $25, 900 or $50, 900 which was on deposit | in various banks. The wreck is complete It has been known for year that Mir l Taylor personally has been in bad straits but not one of his most intimate friends l thought his situation hopeless or desperate They knew he had been advancing and investing money recklessly considering the times, yet they never dreamed the truth. When the officials made an investigation of thes streasurer's otfite, they were simply ! appalled, at the condition of affairs | Western Trust Company In Difficulty.
 SIOUX CITY, Ia., Jan. 1O.-The Fidelity | Loan and Trust company of Sioux City defaulted payment of $50, 900 interest on l debenture bonds due the first of the year. Although tho firm has not yet failed, President Sampson of this city has been asked to accept the receivcrship should one be appointed. The debcnture bonds were issued to secure loans on farm mort | 8ASeS. The company cOulu not cOllocb H. terest from farmers, $50, GOO being now due them, and was thus forced to default the interest on the bonds, bringing on the financial difficulty.
 | The firm did no banking business, and none of the local banking houses or in- dustries will be involved The failure ui the Lincoln Street Railway company of Lincoln, Neb., tied up s15O, GOO of the eonlpany's funds The liabilities of the company are about $I, 900. 900, with assets ipearly as large. The largest liabilities consist of s3, 250,OOO debcnturc bonds, about g, 25o, 900 of which are held in New England states and other sections of tht east One million dollars were also float ed in Scotland The other S750. 900 o liabilities consist of street railway stocks
 etc The company tried to negotiate ( loan in New York, but failed.