The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-30
AND FINANCE
,.,.s Arc Forced to Close
Their Doors.
Esp.L ASSIGNMENTS ARE MADE
!. and Changes In busi"e"s
-. from Different Guar
In Texas

NJ, December 29.-William and
van Northwick's bank did not open
,oaay. Although over $1,000 was
n Yesterday in deposits. no trouble
.n.sd or excitement created outside
s.,,ution. Something over $4,000 was
ut yesterday, according to Cashier
and all money taken in yesterday
s,irg the time within the law viii
.,,ck. according to the cashier
wos 70 run on the other banks OF
=, today as result of the closing of
~. Northwick bank and no failures
repOrted. The Van Northwicks held
A.res in the Atlas National bank OF
- and the closing Of the bank Is due
- assignment of the brothers TO the
.,b,e Trust OF Chicago. Cashier
I. who was in charge of the Van
.,,xck bank. said today he had no in-
49,, that the bank would liquidate
s1aon. H.. when c. II. Wilson. REPRE-
n, the Equitable Trust company,
IA ,p,o the bank and said that he had
sent down by the company TO take
~
M YOU know of any other failures re
linz from the closing of the Van North
4 hank was asked of Cashier Grimes.
me assignment made by the Van North
,..,,,1,e avarvthiup that they have
IA 10 their h9lhes.eau; NY ae.u naG"
thing and II Is my o1iiei 'na' NJ - w
{sn o. the BANK WIN ~ paw uoi'af io'
AT I'll the "dnh oMes .n'in. .,4
Cssher urihles iu..''ei se@'. e. t ,i. i'
tu,f no reason WY any VI ''io il,s.i,"
'tS he van No' ~" ms WIZ ~ go
shuld close their NV uoorS, DO nv W.
= naking ihuheS' "o "n w W " IN. ms
IN UNDERSTOOD TO nave Suh9 " Ap.,le.on'
IFk last night Wnere 'oli' =. van Noi III
HI Is president Oh one ol tnc PIinViiai
his, besides peihs lh'eres,eo WIN ms
|hvher in the Appleton MahulucturinS
|wpany.
ne directors Of the First National BANK
|ypatayia held melting last night to dis
~ ,he outlook for today, and gave out The
M, that the First National would be
M n meet all demands on it today.
prrr1yER FOR THE INSTITUTION.
- roo.,,,bor 90 Mr. LYMAN A
Vicsso' Ae NC -.
NilOn secretary OF the Equllhple irus4'
~ vas entrusted with the assignment pa
r. !, tho Van Northwick bank has re-
~ '-N ~ II,
tanh from baiaNla' Nheh seen ne us
elilned all knowledge OF the banks affairi.
u mani only thirty minutes in Batavia"
"A Hr Walton. "and did not have time to
M aver the situation carefully. The IN
,ssI,,e cause nj the failure was. of course
4. loulsst,on of tho Atlas hank. The
4, Vor,hwicL interests ore SD large thar
,.n,os rsn n, g;von ont =
The fate Of the Van Northwicll millions
M be determined IN large deSree ny
v,, e,ra' W. ~ W ,yi ~ .1,S .' 'T al
,day in making an arrangement with the
reditors and Shareholders in the various
nfa roa@ @nioad -o.,r Of ,hc vast proper
~ I. had accumulated In the last six
eafs ana get cash therefor. So successful
ne mat tohltht he sent an important
e,aee 10 MS brother. john ). Van North
Mh az appleton 49, TO meet nun III
anasy "hiolroW' llttle was given oul
. " 'ne nature OF ihe settlement Nmch
!. !. "V.u.is az H"INiui OIL MAKING All
: ,i vu,u ue leaIheu WAS INA, some OF
a rA,.'S WIZ :" 'ass mo o'ner hauuH
,,,aon "ase pa w lne WI MT "'eN
~ ~ , haS ~ ne NlS',iip5.H.eu ne luc-
nv a, r. -1lt w N"u"'"-'u' li't yum
,;,oI =, ~ ~ may pass mo lhe
a .,oci, 'T ~, ,, 'oNs W uuleNh; VINO no"
M Il "a oar,.,' '"u p%,'Y, he SUI
Inn NJ ,bo a., W. =, III, paS,nvna y, ,,lc
/ which has -, '' 10, lam ~ go
trustee Of ~, - NV, nv , VI
ms "'"9' '''''''
OTHER ppopuprv- ,,,,,ot ,,,,,,
rn,.,o w, iN w i'"'
't'.'O"' WIS., becember Z'.-The fall-
'o van Northwick Bros. bank AT Bata-
Ill, which involved tho AnnIo,on Mo,
curing cc,,,,,,,,.
''"F' Tue asilcui'urai "orhs
uene'a and the Western Paper Bag
lpany at BATAVIA has nnt vet affected
Van Van r T valley properties or any OF
Of the I hrn,, u Is oniy inc Illinois prop.
BELIEVED that the Fox river nronerties
! pun throueh unframed. The alleged
rapo ,o r'o0' ' OF tho Atlas bank OF
My SEQ 900 ony tha u' na r ., ~ ,h h,
lns been paid over by the bank. The
, N Na'ioual bank OF Virdi, of which
Ia ,n .gu N"rlhwick was resident. will
inca o'Vel. Iohn >. Van Northwick has
I n,.o, % president aud director and
i ~ Jus bepn iilled by Lamar Ohm
Irec,o p'ssldtnt and Jonn McNaughion
ri ~ 40 run has begun on the bank.
Van i No neWs OF the embarrassment Of
Mes NJ ,hWicks has created furry