davidaulloa/AmericanStories huggingface dataset:
Evening star., 1901-06-28
Firm That Caused Seventh Nationals
Trouble Suspends.
10 STATEMENT OF CONDITIONS
Embarrassment Caused No Sur
prise or Excitement.
A ASSIG n EE POINT E D

NEW YORK, June 2S.-The failure Of
the firm of Henry Marquand & Co., bank
and brokers, the name of which has
been connected with the embarrassment of
the Seventh National Bank, was announced
on the stock exchange today. The firm
made an assignment to Frank Sullivan
Smith. The assignment was without pref
erences. No statement of assets or liabili-
ties was made with the assignment.
The failure was without appreciable eff
feet on the stock market.
The 1irm of Henry Marquand & Co. con-
sisted of Henry Marquand, who is the son
of Henry G. MarQuand, and Frank b.
Poor. son of the former president of the
National Park Bank.
The railroad guide shows that Frank S.
Smith, the assignee for Marquand G. Co.,
Is vice president and general counsel of
the Pittsburg, Shawmut and Northern
Henry Marquand is first vice president of
the company.
Loans Called In.
The admitted embarrassment of the firm
in connection with the Seventh National
Bank failure resulted in the wholesale call
ing in of stocks loaned to them for deliv-
cry and they We're obliged to buy heavily
in the open market to cover. At the same
time the actions Of the clearing house COM
mittee and of the controller of the cur
in which the firm had large Investments,
and which figured part of the collateral
in the loan of 81 100000 from the Seventh
National Bank, and which caused the SuS-
pension of the bank.
The disturbance in the stock market.
caused by the embarrassment, and which
depressed prices, worked to the firms ad-
vantage, oS far as it showed profits on
their contracts, but the blow to their credit
deprived them of resources to take advan
tage of these conditions.
The failure was expected all day yester-
day and caused no surprise. Yesterdays s
late rally in the market was attributed to
buying for their account to cover short
contracts.
One of the enterprises which have been
financed by II. Marquand & Co., is the Gas
and Electric Company of Bergen county.
This stock, which is listed on the stock
exchange, sold on Monday of this week for
1O1A. compared with the high record price
of 1015s on June 10. The first sale this
morning of 800 shares under the rule for
the account of the failed firm was at 30 on
a cash sale. Subsequently it sold at 81 for
cash and at 40 and 45 the regular way.
One Effect of Seventh National Failure
HAMILTON. Ohio, June 2s.-Following
the failure of the Seventh National Bank
of New York, the directors of the Miami
Valley National Bank of this city reorgan-
iZed the institution by ousting Vice Presi-
dent Fletcher Heath, who had been acting
president of the institution. The directors
then selected E. w. Whitaker president
and Cashier Bake vice president 1t Is
stated that Mr.. Heath's holdings Of the
banks stock have been purchased by Pres
ident Whitaker and his associates
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1901-12-14

from the regular weekly meetings, was
the placing in all the public school build
ings of the city, as a donation from the
club, famous works of art, to the bene-
fit of the teachers and pupils.
The ladies spent much time and labor
in raising the fund with which they
purchased these pictures and in more
ways than one have they shown a feel
ing Of public spiritedness: they have
endeavored to promote the cause of
education to marked degree of sue
cess; the result Of their labors is quite
apparent to those who have watched
their progression.
The Woman's Literary club of Ana
conda was organized April II, 1885, by
Mrs. F. w. PeckOver and Mrs. F. E.
Sargent, with charter membership Of
48. At the present time there are in
the club So active members. 10 associate
members and two honorary members
During the existence of the club there
have been dropped from its roll the
names of 46 ladies. who have resigned
either because OF change Of residence.
or in accordance with the wording Of
the constitution, which makes 1t neces-
sary to drop from the roll the names of
those members not actively engaged in
the work of the club. In this manner
it has been possible to continue the
work steadily, and each succeeding year
has seen it increase in thoroughness
in keeping with the growth of the i'm
terest manifested by the members.
The first meeting place of the club
was in one of the front rooms of the
Standard building. then used as lodge
room. This proved unsatisfactory as q
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1901-12-14

of the proposed project, with reference
to who should be allowed to become
members of the club. prevailed. The
fathers of the project wished very much
to keep the educational standard up to a
high point and it was thought that that
was only to be accomplished by limiting
the membership to those college grad
yates whose alma mater was numbered
among the great seats Of learning
named.
1t was finally perceived, however, that
the original plan was too narrow, and
the decision was reached that an ele-
waited standard could be maintained and
the alumni Of other great colleges not
included among those yet admitted.
So the rule was formulated that the
graduates of all universities, East and
West. Of standing and respectability
should be held eligible to membership in
the club.
1t was reported at first that the Uni
versity Of Minnesota would not be
classed as a sufficiently elevated institu-
ton in the educational world to warrant
the placing Of its graduates ON the men,
bership roll. But when Carroll c. Dol
man. secretary of the. club. was cate
chised as to the report, he said 1t was a
mistake, and that Minnesota university
graduates would certainly be welcomed
into the club
The club was incorporated when or.
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1901-12-14

meeting place, and quarters were OBJ
rooms formerly occupied by Sisson's
Business college.
The first officers of the club were:
President, Mrs. F. w. Peckover; vice
president. Mrs. Fl. H. Thornton; secre-
tary. Miss Elizabeth L. Thomson;
treasurer, Mrs. George F. Lyman; critic.
Miss Virginia Douglas; librarian, Mrs.
H. r. Whitehill; chairman Of the pro-
gram committee, Miss Anna Douglas.
The officers for the succeeding year
were: President, Mrs. F. w. Peckover:
vice president. Mrs. Al. r. Whitehill:
second vice president, Mrs. T. d. Fitz-
gerald; recording secretary, Mrs. D. ].
Mcdonald; corresponding secretary,
Miss Anna Sutherland; treasurer, Mrs.
A. NJ. Walker; critic Miss Elizabeth L.
Thomson; chairman of the program
committee. Mrs. w. H. Dorchester.
The officers for the third year were:
President, Mrs. G. B. Winston; first vice
president, Mrs. d. Cohen; second vice
president, Mrs. ]. NJ. Sigh: recording
secretaries, Mrs. w. E. Gaily and Mrs.
Jerry: corresponding secretary. Miss
Edna Waterbury: treasurer. Mrs. A. N.
Walker; critic. Miss E. L. Thomson.
The present officers are; President.
Mrs. G. b. Winston, first vice presi-
dent. Mrs. d. Cohen. ST.: second vice
president. Miss Annie Sutherland: re-
cording secretary, Miss Helena Gleeson,
corresponding secretary. Miss Edna Wa
teroury: treasurer. Mrs. d. ]. MaeDon-
aid: critic. Mrs. Herbert McNulta;
chairman of program committee. Mrs.
L. G. Smith.
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1901-12-14

T0HE State of Montana has become
the home of a university club,
and Butte is its headquarters The
club was formed about a week
ago by a number Of Yale and
Harvard graduates. The name given to
the organization is the University Club.
and it will be composed of graduates
from all the standard colleges in the
United States who are residents Of the
state Of Montana.
At least that is the intention of its or
ganizers, who have started out with the
object of making it a big, broad and
respectable institution, and a club of a
dignified and lofty character.
The inspiration to organize, found and
set up a university club sprang full
fiedged into the world at a dinner held
in this city by a number of graduates Of
the two big universities, Yale and Har-
ward, last spring. The founders of the
club were at the dinner. and the club
Is the fruit of the inspiration that found
life in their breasts then and expression
In views then expressed.
At that time those present at the din
ner and the subsequent founders Of the
club thought to confine the membership
in the club to the alumni of the leading
Eastern colleges. But this view changed
later, and it was decided that all
graduates Of standard places Of erudition
would be marked down as eligible.
At the first somewhat exclusive view
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1901-12-14

4 Anaconda can boast of having one Of
the strongest literary clubs in the state.
lin which the membership is confined to
swomen.
p The Anaconda Woman's Literary club
is now in the fourth year of it's exist
ence and on the 5th day Of last October
took up the subject of Germany for this
years course of study.
|, The work will include a thorough study
of historic, polite and economic condi-
lions of Germany from the reign OF
Charlemagn to the present.
/, The members of the club are under
taking to examine in detail the
character and work of the famous men
and women who have ruled the country
Eat different periods, of the literary light
land musical prodigies whose names are
linked inseparably with the rise OF the
German nation.
In like manner the first two years of
Y the clubs existence were devoted to
France; to its history. the customs and
manners Of IT'S people. tendency Of the
national movement, etc. Last year the
theme was England, one Of the most in
teresting topics Of study: research and
Investigation within the reach OF an
English speaking people.
It certainly is most gratifying to the
organizers of the club, who four years
sago undertook to accomplish a work
which would not only benefit the men,
bers OF it but the community in which
1T exists. Its scope of usefulness has
sbroadened in many ways.
4 One of the accomplishments of the
past year outside the results attained
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1901-12-14

ganized, and it's articles Of incOrporA-i
ton filed with the county recorder. The:
directors are eleven in number, and are
composed of the following gentlemen:
George r. Milburn, George w. Tower;
Jr C. G. Dolman, G. e. Blckburn, c. F.
Word, L. P. Sanders, Henry N. Blake,
NJ. A. Walker. G. M. Sinclair, c. E. Sac
kett and N. p Nipgen. The officers of
the club are as follows: George r.
Milburn, president; George w. Tower,
Jr, vice. president; c. G. Dolman, Sec
rotary and G. f. Blackburn. treas
urer.
The present organization Of the club
is regarded as temporary by the gem
tlemen who brought it into existence,
and the list of charter members is now
in the course of formation. ~
The intention of the organizers of the
club is to take into it all college men
residing in every part of the state. In
time, 1t is hoped. to start branches of the
club in other cities in Montana beside
Butte. but at present the only organiza-
ton maintained will be that in Butte.
The objects of the club are to further
the social relations among the college
men eligible to membership in it, and
also to cultivate literary interest. One
of the charter members says that 1t VIII
probably encourage educational matters.
There are always many college men in
every community who do not make
themselves known, and the club found
ers desire to include them in the organi-
cation II possible.
All the graduates Of colleges OF stand
ing throughout the United States who
are residents of the state are cordially
invited to join the University club.
It is the intention to set the initiation
fee at a reasonable figure. so that it will
not form q stumbling block in the way
of those who desire to join the club.
Other efforts have been made hereto
fore without success to form a university
club in this state. But the founders Of
the present organization have set out
with the determination to make It big.
permanent. popular and beneficial insti-
tuition.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1901-07-31

Miss Addie Steinhoffer Of Manka-
to is the guest of Mrs. Frank r.
Lobdell.
Jos. Chadderdon came down with
the Madison base ball club from
Madison last Thursday, and pitched
for that club against the home team
that afternoon.
Editor Roy Whitman of the Nor
gan Messenger was in the CITY for a
few hours last Wednesday. Mr..
Whitman and wife had justreturned
from a visit with the former par
8ents at Aberdeen, South Dakota.
O. B. Turrell received word from
his son, r. A. Turrell, now transit
engineer in the employ Of the Great
Northern Railroad Co., early last
week, to the effect that he had been
assigned with a surveying crew To-
Gated 80 miles from Kalispell, Mon
tana, which is the nearest postofice
to the point where Mr.. Turrell com
menced work. D. Z. Brigham, who
succeeded Mr.. Turrell as an en-
gineer for Cass Lake, in the con
.struction Of its water system, writes
that the town has yet to vote on the
proposition to put in the sewer sys-
TEN, and in case the proposition
fails to carry he will return home in
a couple of weeks. Otherwise, he
he will not be home before October
lst. He reports it lovely on the
lake near the town in the evenings.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1901-07-31
81 Race and wife returned from
st. Paul during the latter portion OF

q Ia
81. Race and wife returned from
st. Paul during the latter portion Of
last week.
Clarence Moon came up from
Minneapolis during the early por-
ton oflast week for the purpose Of
working on a thrashing machine.
S. Pollard Wentsto Delhi Tuesday
to take charged of the lumber yard at
that place, for which DaEiel Mclean
is agent. Mr.. Mclean and family.
are taking an outing at some of the
northern lakes.
Work on the superstructure Of
the new cottage Of E. NJ. Isham,
located on Minnesota avenue, near
Wyoming street, commenced last
Wednesday, and carpenters hope to
have the same enclosed within a
short time.
Work on the Burmeister dam will
not commence until after the bar
vesting and threshing season has
been well advanced, owing to the
fact that labor is too expensive dur
ing that season That the dam will
be built there is,not the least shad-
oW of a doubt.
Miss Hattie Hitchcock of this city
was grantedsa certificate as regis
tered pharmacist at the last meet
ing of the State Board of Pharmacy.
Miss Hitchcock has been working
lat the Old Reliable drug store I'M
fder registered assistants certificate
for some time.
In connection with the arrest OF
| Joseph McCan for alleged cruel and
| inhuman treatment towards his wife,
Judge Chadderdo Ion imp sedla slight
| fine, and then ordered the wife and
her daughter to leave town, which
they did on the,early train Tuesday.
McCan's fine was guaranteed By
James Martin, IN whose shop he is
now emploYedsas a blacksmith.
The first cement cross walk for
Ian alley IN this city was put in last
Thursday between the property
lines Of August Knuep ple and Fred.
Warner, on Lincoln street Nelson
Bros, completed the cement walk
and curbing, with boulevard, along
| the entire east side Of that blocK Of
that day With. the result that it i
Ibeing greatly admired bv all Whe
55Ehavea seen it.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1901-07-31
L Fl e O /
SHORT ITEMS GAzETTED.

( & ! L + Il. aSS43lt
Miss Tassie O'Hara was the guest
of Miss g. Yoke at Renville last.
week.
A baby boy arrived at the home
Of Mr.. and Mrs. Thomas r Cum
Minis on Tuesday evening Of last
week.
j. II. Bowers is making extensive
arrangements for new buildings on
his farm on Ramsey creek two
miles northwest Of the city.
Henry Goldfus returned last We'd
nesday from an extended visit and
business trip to st, Paul and IN
neapolis, where he has been pur-
chasing fall and winter goods.
The Big Store had several hun
dred dollars worth of summer
clothing damaged by water on Tues
day evening Of last week "a yes
sci on the second floor broke and
the. contents oozed through the floor
and onto the clothing during the
night. The goods are only slightly.
damaged, and where fits can Be
found bargains can undoubtedly be.
found
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1901-07-31

Fl. r. Buechner returned home
last week on a summer visit with
his relatives.
s Col. John III. Klaus, a. clerk at the
Big Store, is spending his vacation
at Minnesota Lake. Since arriving
there he has chalked out several
fish Stories which have been sent
to admiring friends in this city.
A team belonging to G. W. Mead
ran away on the farm of Herman
Marquardts, south of the city, last
Wednesday morning, running into
a barbed wire fence, and both ami
mails getting badly cut before they
were rescued.
A telegram was received here on
Tuesday evening Of last week an
snouncing the arrival OF a baby boy
at the home of Mr.. and Mrs. E. r..
Soaring, at Mankato, that afternoon.
Mrs. Soaring was formerly Miss
Alice Brigham of this city.
Mrs. H. n. Bell entertained at
luncheon last Wednesday evening a
number Of people, in honor OF. Mrs.
w. Fl. Webster Of ST. James and
Miss Amelia Stinson of Minneapo-
lis, who have been visiting with
friends here for some time past
Frank Bateman of Austin, to-
gether with a crew OF threshers,
arrived here last Tuesday after
noon, and on the following day Mr..
Bateman S threshing outfit arrived.
He went to work threshing in this
county Immediately after the arri-
val of his rig.
Contractor Fraser Of the sewer
extension system has the work com
pleted on Wyoming street, and now
has his men engaged in working
#eastwards on Wyoming street, to
East street. The extensions will
have to be made on Lincoln from
Wyoming to Fourth and on Chest
nut and ] efferson from Washington
/ to Lincoln streets.
r Contractor Fraser Of the city
sewer extension system had an ex.
Iperience last week which he is moi
likely to forg He paid the rail.
road fare Of q laborer from Roches;
tier to this place with the under.
standing that the laborer would be:
come an employee in extension ser!
vice. After the lahorer reached
here he jumped the job and went t
work with q farmer Mr.. Fraser Is
Iout the railroed fare. sss
Immediately after word was re
Ieeived here last Wed nesday thai
the stub line was given d Sunday
afternoon train ostmaster Hughes
notified the railway mail postal ser.
vice Of the fact, 50 that mail woulo
be arranged for the stub Oh thai
train, Mr.. Hughes will keep The
Office open for al. hour Sunday after.
noon to acconamo date patrons some.
thing he is not rel uired to do I'm:
der postal regnla tions 81
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1901-07-31
Chicago & Northwestern Railway.
LOCAL TIME CARD, REDWOOD FALLS
Subjectto change
Subject to change.
sIrNnAY TRAIN

SUNDAY TRAIN.
Leave Sleepy Eye Arrive Redwood Falls
Leave Redwood s,a1 Fails Arrive Sleepy 81 rye
400 p m. a: 55 p. M ss3
DEPARTURES OF TRAINS.
No. 90, daily except Sunday 1850. i p. M
For Chicago, St. Paul, Minneapolis, Winona,
and east; also for Tracy, Marshall, Water
to St. Paul and Minneapolis. Sleeper, Man
kato to Chicago.
No. Ga daily except Sunday)...:. $50 p, M
Connects at Sleepy Eye with trains east and
connection with Omaha at Kasota for Sioux
City and Omaha.
ARRIVAL OF TRAINS.
No 81, (daily except Sunday .1O:i5 a. m
Connects with new train. No. 5, from east.
No, 50, daily except sunda lay u p N.
From Chicago, St. Paul, MINNEAPOLIS ,Winona
and all points east and west.
w. B. KNIsKERN, A. G. JOHNSON,
Gen. Pass. and Ticket Agt, Ger Agent,
Chicago. Winona, Mimi.
MINNEAPOLIS & st. Louis Railway.
ZINE of arrival and departure Of mail and
press trains from Redwood,
EAST.
No. IS, daily except sunday, 1887 p. M,
for Miereapolis and st. Paul. connecting wit d
through trains for Chicago and the east, st,
Louis, Hot Springs and the south. DeS
Moines, Omaha and points west. Through
dining and sleeping cars.
WEST.
No. IA. daily except Sunday ....... So p. m.
For Hanley Falls and Watertown.
FREIGHT TRAINS.
No. IS, going east Tuesdays Tharsd avs
No. 76, going west Mondays, Wednesdays
and Fridays. -. 8 :O5 a. m
j. "A. JONES, Agent.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1901-07-31

L
+ Call and obtain a thermometer at
The GAZETTE Office.
Willis Moon Of Milton, Iowa,
formerly a resident of this city,
came up from his home last week,
and has since been employed as en-
gineer for Werder's thrashing ma
chine outfit.
Miss Jennie Clark, an assistant
ia the postoffice, left for Minneapo-
! lis last Thursday on a two weeks,
visit with friends in thatcity. Dur
ing her absence Miss Ray will have
charge of the postoffice news stand.
The Renville county commission
Iers have decided to complete the
Foundation for the new court house
lonly this year. The bids are to be
| for all the excavating, stone aud
brick work and steel beams for the
first floor.
How would somebody like to mar
Try the snake eating damsel that was
performing in Fairmont on Wild
West day.. She was a bright look
ing girl, about the color Of a mulatto,
4 and could go out and catch her own
living, says the Fairmont News.
Miss Hattie Hitchcock returned
from st. Paul and a visit with friends
at Waseca during the past week.
/ Miss Hitchcock will take charge of
the. drug store at BelvieW for a
Ecouple of weeks, during the absence
]of George II. Countr lyman, who will
visit his old home in Canada.
Mr.. and Mrs. w. ID. Lines re-
turned last Wednesday from an
extended visit with relatives at
Cottonwood. Mr. Lines states that
1crops around Cottonwood were IN
jured to a much greater extent than
were the crops around Redwood
Falls by thesheated spell of the past
A two or three. weeks.
II. p. Miller drove to the farm 81
1 Jerry Patten in sRenville county
/ last Wednesday. Mrs. Patten was
4 "a teacher in the school attended by
Il Mr.. Miller, when he was "a boy,
1 prior to 1869, and it was the first
4 time he had seen her since thai
4. year. Jerry Patten also reminded
i Mr.. Miller that he frequently con.
q Quoted the boat that ferried him te
and from the boarding place of the
school teacher who afterwards be.
iicame Mrs. Patten
Lawrence. King has purchased d
his brother, George King the north.
west quarter OF section 33, Delhi
4 for 81, 000; the east half Of the north.
east quarter Of section Z, Red
Fails township, for 50, 900; the
d southeast quarter Of section 80
!. Delhi, for So 600; the east half Of The
northeast quarter Of section 80:
i Delhi, for 81 So 1000 This practically
4 closes out Georges holdings il
4 Redwood count and indicates tina,
4 be proposes to deal il Oklahoma
real estate exelusiyely II the future.