The Montgomery advertiser., 1903-06-13
The News of Birmingham

8NXx~ XNO"V 02
 Birmingham, June 12.-(Special. .)-Johl
 BibS and w. S. George, charged witi
 burglary and grand larceny, 1t, being al
 legged they are implicated In the rooper! of the ticket agents safe in the Uniol
 Depot at this point, in which nearH 1000 was stolen. were today committed | to the county jail.
 Blob has been doing much talking ana 1t is likely that in the next day or two $4,00O of the stolen booty will be recov' | cred. Bibb denies that he committed the | robbery of Zeke Solomons saloon of over $400 some months ago.
 Bibb has given a full account Of the depot robbery.
 Today Bennett Bibb, brother of John Bibb, and J. A. Williamson, friend l of John Bibb, were released from all charges growing out of this robbery. These two young men were arrested by | the police detectives charged With being implicated. They were released on q, 900 bond. Today in the Inferior Crim- inal Court a statement was furnished that the grand jury had investigated the case thoroughly and could find nothing against these two men and they were immediately released. The trials of John Bibb and w, s. George will come up In the near future. The warrants against them are returnable before Justice l. H. Benners, but 1t iB likely that the grand jury will have returned some information concerning the case and indictments may be the result.
 Efforts are now being made to recover the $4000 still unaccounted for. The father of the accused has been informed of the whereabouts of this amount and the statement is made that a man who is entirely innocent of any participation in the crime has the money. This amount will be recovered. It is stated that Bibb has told of incidents which happened in Ticket Agent Johnsons office while the combination to the safe was being learn ed and these are well remembered. The robbery was one of the most daring and at the same time unique that has hap pened in some time and the first story of how 1t was committed was not be- | lieved by the people.
 Temperature is Low.
 The temperature in Birmingham last night was lower than on any previous June night, according to the Weather Blu reau agent here, In ten years and longer. Last night at T o'clock, Z.S degrees were registered, while this morning at o'clock 66.2 degrees were shown. During the night, however. the mercury broke all June records and established new one at 54.S degrees. Not since May Q, when 50 degrees was recorded. has the mercury been so low. The night of June Il, 1902. was sultry at 72 while during the next day the century mark was scraped by just one point Today was very cool and indications are that blankets and closed windows will be fashionable before 1 morning.
 The reward of $500 offered by Cover 1ne lEo fnp fhA nf well. President of the wrecked Bessemer Savings Bank, will probably be augment ed by a larger sum by citizens of Bes- semer and may be the means of bring 1 ing him back. The failure of the savings | bank and the Bank of Commerce is still l the subject of much talk In Bessemer and no little in this city.
 Efforts are now being made to secure national bank for Bessemer, and the | first steps in that direction are now be- | ing taken. The failure of the two banks | is quite serious blow to the little city, but the leading merchants and citizens assert that the place will recover in a short while and all business will proceed as if nothing had happened.
 | The latest statements obtainable with reference to the condition of the Besse- mer Savings Bank, so far as it's assets | are concerned, are not encouraging to the depositors. The general opinion seems to be that the institution will not be able
 to pay it's depositors much more than cents on the, dollar. The assets as now ;aws Notes stand o about s1cnanPe sS apl $l 100; silver. $7so. o.4a: building. s15oOo.
 The value of the notes is at present ar
 unknown quantity and there is also some | doubt as to whether or not the building | occupied by the bank Is paid for.
 The legality of the transfer of severa city lots to the Bank of Commerce by Captain Cornwell, notice of which wal given yesterday, is questioned on many | sides, and there is little doubt but an ef
 fort will be made to recover this proper | ty and have it go as a part of the asset. | of the Bessemer Savings Bank. If thi: | is done the effect on the Bank of Com
 merce might be serious, as 1t Is ranked | as one of the strongest assets of that in
 stltution.
 The stock of T. J. Cornwell in the Banl
 of Commerce will be turned back to tht
 Bessemer Savings Bank, it is understood | after everything possible has been real ized on to pay back dollar for dollar tC
 the depositors in the Bank of Commerce
 The money carried by the Bank of Com | merce has been taken to Birmingham bI
 the receiver. T. o. Smith, and is now a
 the Birmingham Trust and Savings Com |
 institution will be made in the near flu
 ture, 1t is expected. and the people will
 be able to know exactly how the affair 1 of the bank are.
 The return of the $50 shares of stocl
 ir the Bank of Commerce from Nev
 York. sent by Captain Cornwell to tn
 Chase National Bank, mentioned yester
 day, will relieve the tension some. Thi
 stock will be delivered to the First Ma
 tional Bank in Birmingham. in accord
 ance with instructions from the Chas
 National Bank. who received them iron
 Captain Cornwell and did not accept
 proposition made by him for the banl
 to accept the stock as security on loal
 of $17,0O0 Then action will be taken
 probably, looking to the return of thi
 stock to the Bank of Commerce. Tn
 depositors of the Bank of Commerce mus
 be paid off first, and then the balance 0
 Captain Cornwells property will b
 turned to the BesSemer Savings Bank
 to be used as assets in that institution
 This morning Attorney Odell and tn
 receivers of the Bessemer Savings Banl
 called in some depositors to see the bi
 safe in the bank opened and to count tn
 cash. The box intended for Captail
 Cornwell's wife and said to contain abou
 $1 900 and some valuable bonds and stock