The times. [volume] (Richmond, Va.) 1890-1903, 1896-09-12

ANOTHER CLOSES ITS DOORS FOR
PROTLCTION FROM a Run.
The Treasury Department Doing All In Its
Power to Prevent Embarrassment
to Business Men.


OF Commerce closed its doors to-day. The
bank was organized in 1851, with a capt
tai stock of $4,000. william p. Nichols,
nephew OF Chief-Justce Nichols. OF the
Supreme Court is its president.
There was great crowd about the bank
building shortly tfter tho doors were
closed. II IS stated that the doors were
closed as n matter of precaution there !
having been run on the bank yesterday. !
DoposltOrs, IL IS understood, will lose only |
little.
TIE GLOOM OF MYSTERY.
Bank Examiner Escott arrived here to- !
day and took charge Of the Union Nation
M Bank but his arrival has not dispclled /
tho gloom Of mystery. which hangs over |
that institution. Mr.. Chalaron, the pres |
ident OF the Union Bank visited the Oank !
building early this morning. but remained |
only "a short while His persistent silence !
in the face Of so many ugly rumors about |
the bank is severely criticised on all sides.
Some OF his w3rmost defenders have
grown lukewarm 10 bis interest and now
say 10 IS strange he does not talk
This afternoon two individuals book
Focners OF Union National bank. Messrs.
Frank B. Leefe and a. Colomb. were ar
rested on afiidayits made by Cashier La
harthe. Colaomb. IL appears. is only
"coustructiVely' under arrest. The charg" |
against Leefe is for violating section 91Vs
Revised Statutes United States Of America !
hv f8lsifying his books and accounts, ana !
especially IN a book of the bank known as |
"tle book of daily summaries Of indiNid-
ual entries" his accounts showing a cred
40 balance OF Sl2C0iSS, which should have
been ils5 1880. Tho charge against CO.
lOmb. is of a similar character. Leeie !
q fn ffa fft,rn
missioner Craig. RE pleaded not guilty
and was placed under bond OF $1,000.
which bee Immediately furnished.
THESE arrests, taken in connection with !
President Chalaron's strange silence are
rausiur much comment to the effect that
pI attempts will be made to make the
iook-kcepers scapcsoats IL is well
known that tho hanks hook-keepers 90
not handle a cent Of the banks funds.
rs HIS MIND UNBALANCED?
renorter Of the Southern Associated
Press is informed tonight by an unim
neachahle source that a prominent physi-
can. related 10 BOok-l1eeper Leete. forced
am interview with President Chnlaron
late this afternoon tn reference TO Le res
case, and tho doctor says tonight mat
President ChallrOns mind Is unbalanced
and Mr.. ChalarOn does not know any
thing more ABOUT tflf DOCKS LArLA ll' 'IAAN
physician docs Mr. Chharon is an Old
man. highly nervous in temperament and
,,.,. ,,,.,,.,'el an, ir The evietonce Of the
,,t t.,...,-t...~ -. f.l i..ii.,.sf tt,t
H. -. O., a.. t....,. t....-,i,,, ~ tte
$50 -. i...,.~,.-,tcd
has had "a tendency 10 confuse Mr.. Chal-
arol' ana that ln SONG over inc DOCKS
be has become unbalanced and Jumped az
Z Ia fffnf ff.~.a llfnI.g-
u0n.
Otherwise his pr'ciuitafe actio min clca-
ing the bank without consulting the di-
reetors. and hfs silence is inexplioabie.
There is d strong Ground for belief iu
tho physicians story
judge Thearl this evening appointed
two receivers for the Bank 81 Commerce
and lfs affairs viii Doe immediately lisui-
dated IL has ample assets. and this
/ oa.,rso ,,,s deef,ol has+ ia order fo frifv
,...+... 3D.. h,,i..s d.-.,sf.,~s and credit
1890. .....t..,-. r.., .o-1,,. ~,
-. H.. ,...,,,...,,,. 20
i, r..- t,,.
" ,,,-. ~
-. - -,
currency '3 'Nrt. .'-- -
a,'-, 'o .A'F" '.'' '''''
eAlais ODD tll5 hlaiAe'- .....,......
~ +'.f RA tAt.t '| tf'--
ASNlNGIoN. 3D. g. Sept ll -lt'i or
ring to the Sow Orleans dispatch I'D mo
effect THAI much dissatisfaction existed
there over the fact that Bank Examiner
johnson bad been placed DOB charge oi The
/ faucI Union Nanora. Bank. Comptroller
E.ke.s th.s morning said to ID reporter Tor
tle southern Associated Press tAAt nad
ls known ~ Mr. Johnson connection
With a. and y. Meyer the firm. whose
failure $50 seriously afecied fhe Union
bank. he would not have designated hln
Oh take charge. The snment how
ever. Sir. EckDis adj. was merely tenn
porlry because Air. Johnson was already
iu charre of the affairs ~ The American
hlnA att chat was enough 10 engage All
/ lis time aad abilities. As soon ass news
of the Union failure reacheI the bureau.
+ Coulufro.le- Erkcis. directed Examiner t.s-
cotf OF Iouir,lf.e. XIV. 10 proceed 90 New
Or.eara and relieve Mr.. Johnson which
had already been done Tho preliminary
reuorr OF Sir. Johnson Lp0n the condition
u The Union Bank. had not reached The
/ ro,-.,f~oiler al noon buf Mr. rckois ia
fa hal no doubt OF the truth OF tho state
,,.+ semi o.r aet rirh+ Tror, Nev.
o,i,..,s fr,t ,,,o sots ~ ro1i,, t,1 -,
r,.-t and ,h,, a 5se~ro,arcv of a. L.,
s..s 5o5 exists be,yyoen Them Er-Doorty
Corufroli4r Tucker has b@on aooointet
receiver ~ the Mutual National Rank
which closed tfs doors yos.e,d,v ard b.,
WAS sxuo,ted 10 take charge TO- day