The sun. [volume] (New York [N.Y.]) 1833-1916, 1900-01-21
BROCkPORT ~ IRA TRFUL.
1t VIII Give Mrs. shannon of This CityA
Loving Cup for Her Generosity.

B~RoCKPoRT. y. Y, Jan. 1z.-Three hundred
grateful residents Of this viii age and the surround
ing county are subscribing for the purpose of
buying a loving cup which. they are to presenA
10 Martha A. Shannon, wife Of former Congress-
man Richard {. Shannon Of New York. The
cup il TO be inscribed with a sentiment which
is intended TO show the appreciation Of the Brock
port residents because Of Mrs. Shannon's gen
erosity in twice meeting all the obligations OF
the wrecked John II. Kingsbury Bank. her gifto
for this purpose having been Sl20, 900.
The John II. Kingsbury Bank has had an
unfortunate career. In 1892 MI. KngsbuIy
was obliged to make an assignment for the ben-
eft Of creditors, John ID. Burns Of Rochester
was named as assignee. When ii came time
to wind up the banks affairs for good itwas found
that the liabilities exceeded the assets by about
sS5, 900. This loss fell largely upon a number
Of poor depositors, who had placed their all in
'nf In na this emergency IN Mrs. Shannon st.pped in.
She IL an aunt of Mr. kingsbury and had dono
a great deal for him in the past one day she
tent Of Mr. kingshury's debts 10 Brock port peo-
pie, and before anybody had an intimation Of
what was to be done she drew a check for about
ss5, 600, which covered the deficiency. Each
Of the 800 deDOsitOrs received a check for the full
amount Of his deplsit and the John II. Kings
bury Bank, opened once more, but less thana
wear Nkb WI hIIbNUhIss .ldl W Ildht dnDlntE
assignment This time his liabilities. beeidea
the amount due Mrs Shannon, were about S35, 900.
Again Mrs ShannOn's generosity was tested.
Once NOR" she made a visit 10 Brock port, and
paid 70 the assignee the needed S35, 900.
Mrs. Shannon is regarded here AS n public bene-
factor A meeting Of the depositors Of the bank
was recently held. and a COMMITTEES appointed
10 devise some ftting memorial reported as fol.
lows:
First, We propose a book containing the FOL.
lowing resolution, with the signatures Of the
grateful depnsitors, "a he prepared and bound
as handsomely as possible and presented TO Mrs,
Shannon;
Whereas, Mrs. Martha A.. Shannon, upon the
| closing Of the John III. kingshury Bank Of Brock
port, y. Y, CANT forward and generously paid
the depositors in full, therefore be Il
"Resoired. That w hereby ex press 10 her our
| heartiest appreciation Of this act. and that We
\ assure her that we will ever hold her In grateful
remembrance for this service 10 us and her ser
vices ~ the village Of Brockport
Second, We propose that a loving cup, properly
| inscribed, he presented "a Mrs. shannon"
Mrs. Shannon is reported a. be very wealthy.
Her first husband was Charles GreenUugh, a civil
engineer, who built the street railways in Rio de-
Janeiro. His death occurred a number Of years
ago, and he left a large fortune. Mr. and Mrs.
Shannon have a summer home in Brockport,
and spend a short time here each summer Nr.
Shannon Is a lawyer in New York CITY. He
was q Congressman from the Thirteenth District
Of New York in the Fifty fourth and Fifty fifth
Congresses, and declined a rnomination.