The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-02-03

had been presented 10 the companies with In
West. The certified checks were all Chemical
Wesst, sssSt asce ri iaSD, ~ r n t sgs GS Informed.
these same amounts were thon transferred py
ahe GSasiF tsey 70 V, enos oSsibP q trassf srT% t anIs time
to Philadelphia. and the consigneo In Philadei-
ghis then tlsnsfqsrca them back S tG p New SsC Void YS5s
the. object OF all this transferring was, y will
probably puzzle anybody TO understand. II was
frequently Transferred we're for the purpose Of
estsblishing credit in various towns and
sSt ST. pasass reS. ST Ssnt S 81 io. sse fhes%iSsl t asas
e no proof e. all that this is SO and nothing tnf,
tfcm f omsh Be r sssfyt;ln fss. S niSSt s Il, a despatch
York today, In which Francis W; Grade. Is in;
N SGiaSa ! K cashier, provoked much surprise.
q banking and RI, ,silros I'd, %oiT rS.,I,o5 g"r afsS
Ss~tosn;i,S%.nt. FOR arsSsi II fsyor%siy
s sss4s 10 h g. beg, .aH inv. Tfns; in E %s.,o e m aSTsR
basis . ~ opS..tIoDs. Four Years Sse Mr.:
p pasSn'0f He selected q !" piece Of ttaSiSland on
q sao The eY Blaos lem, H q sSSeh i9sss Gn IT, L was sss ss
barren as q rock: To-day the toy has 5000
industries. and the wheels are driven BY a canal,
constructed at great, cost, carrying, water from
q ss' this %oe enssrpsl, TO w sss p sGwsi By AZ Gr saS ' slss
Now. York. Phiiadelphia, and Boston, parties.
j Ex1Gey b pataisSn e p sna E,stsrn' m 1hs la II s tSat
standing were leading stockholders.
yo aTsSs0 .n 1So N Es1s Ensisn Si men forty Tsrs St On an New sx.
cursion to Edgemont last year and the year be-
fore; Since tho developmeMnt Of EdEemSnt
Strikes. the tnton sroup and Gslon.. arc
ia snid tho 'S Sill. b Jus. the q. p Ssst paTHie HI has r psia uss
and South Dakota in the last four ycnrs; Tho
great grindstono quarries alone. which he es.
ship to every r~ paGt Of III Tho m Civilized IL T world. These a"s
l At &earnes. S seS 81 dr. fsPs started AZ large sqsse eoiton
factory; which Mhish b has mot not been q paying XII "a, iay foMr
Omaha. Twice a year he has brought large ex:
cursions Of Eastern business mon to this part Of
with the exception Of the Kearney affair
InininE, ventures; He has invested large;
y Haid with 'e1ery F" doi}se. Many IL 'h IL ssf Els Schemes n%s
he interested Eastern capital almost wholly
VI NJ purehslssd his stocks "'a and 0' b e@Sse
his reputation with local banks roso un.
o OK a' .S ssSaas OF Mel ars s. %pFf holalns ai tol e. the le
Many hold that ~ has little interest, While
majority Of the stock in every enterprise he has
As stated before. Mr.. John 8. Silver is much
better known than Mr.. Grabel. John s.. silver
was q director in the American Loan and Trust
c sir. %ft.r "e ess t ]4eesi SSnes %a, w sppo,n up int Is w sns
discovered that MIR. Silver. owed the com.
pSny over Slo9; 600. and that The 80.
loans wero of about the SAM character
ns the securitie. now held fot the Chemical
iected BY silver and Aoated by Pelli. Who after.
Peii w %sP frs s9 s ,sl, ,9s awssffIE 1er wsDe SSnt To- When en-
his bond; but the court xamined his collateral
and didn't like it; so he didn't succeed. After
Silver did business with tho Washington Ma.
tional Bank. through President sherman. By
s cn1 81 p tSs Ssn HE s stas5 b ,n se easS. she in S S5H Ssa E
ct the time was this: He tarnSd
wero sent By the bsnF to- .N the points
where they were e be collected: for collection.
subject. to ordsr. Then these. drafts We're
s sfss = a GS thu The de sSShs Of was the eerS nfne s ss
certified. When The bank shut up. as stated be:
the amount grew until IL reached $4,000, so 1t
Is T SAID. =, N. ,,,... ,-,n.,o,,on. ,.,,,. -. ,,,.
ing Of the bank were forced upon Silver. the pa
p emss said Ct the tin time BY the receiver of tn, The
pany, and ho demanded Immediate pay.
drawn on The Third National Bank, and got in
an amo piatV ar : ae on the Ws saisa ,SF Bank sns san" He
s sss5PiIas sr'f s. ~ 5 Is s $50 s SSss e e. 4 Hh %"i
$ii.Soo drawn tho day before. and with the bal.
ancc squared the drafts in the hands OF the re-
Silver for $4,000 in connection with the
% a%s. sRs alls Of ios ' Seins G that A' Es had
wrongtully used securities belonging to
the estate; In 1894 q number q
February for $4,000 and one in August for
$4,000. On this second Judgment the Sheriff
far back as 1894 the mercantile agencies have
reported Silver and have given his relation with
In ono OF his several difficulties Silver let it
day It was asserted he went into the banking
and tried to work It of. bnt didn't succeed.
Nothing could DO learned yesterday at Mr..
eondition f 10 sec es sny on aea' M ne wa on II snS IN wR no
answered the door. said Theirs is nothing to
be said" Mr.: opinlan lives at 1856 South OK.
The directors Of tho Chemical National Bank
arc quito certain that Mr.. Quinlan has told them
all the irregularity there has been at tho bank,
but they are. Of course. having the books OF
ical is ono of the Oldest and one Of
the soundest banks in tho city. It has
a surplus of 81. 800, 900. Its stock soils at 81. i5o
and It pays dividends. Tho last
weekly report of the Associated Banks showed
loans by the Chemical amounting to $25, Ooo,-
THE KICK Frs BOUND TO KICK.