Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-07-03
BIC BANK FAILURE
IN Topeka, KANSAS
The First National Of Which {, !
D.ylin Owns Majority Of Stock
Closes Its Doors.
DEpOSIT0RS STANDING IN LINE.
Chief Stakeholder Was Considered One
" the Richest Men Ia Sun,
Hover state

---.-.~
Topeka kanyo July Q. The 6ur Ma.
ll1nul bank Of TouokU, of which g.. j.,
DoNlm held the major part OF the stock,
luil'd tO open ite doors lhip mommr
The government omcials are mukng
uu examination Of the banks affairs
today but VIII givo out mo- statement.
Three or four hundred drpoItuN were
IN llno ut o'clock There has also
been "a slight run on the Central Nn.
tIouol bank Of which MI Dcylm owns
% large number ~ shares
ON the door Of the FN National
bank 1ppoars lhls notice
"Thl8 hanl, Is closed by my order.
The comptroller of the currency huR
been communicated with and Wlll send
examiner who win mako statements
SignodD w H. NOSFlNGTON,
"Nlcu Presidents
Cash 10 the amount Of 100000 vus de-.
posltud ln the Central National tu of
yet the rum j, W. Glc,l stated today
that 100000 worth of real estate $500
one IN TopolW property ana tiououo iu
'''l lhUNh Nl I'lNl'NN' hHlI.N' NNN
boom turned IN by Nj DcNlu ulFo
100000 iu lilr Insurance, MI ilrcu
gays the Central National ls perfectly
solvent
IN the closed bank the state ct
Kansas has over NO0.O0O I'M dopusts,
the city Of Topeka $4,000 AMI the
county Ut Shawnee about 100000.
RECEIVER APPOINTED
Wushmgtou, July % The comptroller
NJ the currency has appointed National
Bank Examiner J, T. Bradley recover
Of the First National bunk Topeka,
knne, upon receipt Of adNlcor IRON
the vice profdcnl of the bank that iN
doors had been closed.
pENLlN WAS WEALTHY
Kansas Cl,y July 3.er j, Dcylin
was generally created with BENG one
of the Voulthicst men iu Kansas, lie
Waf at the head Of 20 different com.
panic. coM, mining enterprises anu
mercantile establishments, ANA Tor
many years has been ono ot the most
active business men IN lhc southwest
ON Friday last n was stated that bee
cnusp of Mr. DoNln's Illness, the result
of oyorWork. II had been decided To
form corporation 10 cover all his
properties. worth In the aggregate, II
was stated, about i10O000O TINS hc'
ton was doomed necessary II was nns
nuuncod, because OF MI DOWNS h"
ability to longer direct his lniorcSls
charles = Glood, gcncml manager at
Kansas City Of the Missouri and hdn'
sug Telephone company u perhaps ~
familiar win the anuiY ol tu' DOWN
property us any one man MG iilced
N not Mr. DuNllu'N attorney but ~ one
of the attorneys of the Central Ma
lluuHl bank ana W q director Of the
Alrhlsou Topeka ana Suuia l'o railway
he has had opportunity a. be- "a close oh.
server Of much of Nh DcyliuH bupl'
ucpy 10 the Associated Press today
Nj. Glord stated th1t Ho far W
can be- usccrlumrd by msly 0ppuise-
montH the value Of the DNlW estate
IL between tGOOoO 900 ana }nO0oOOO.
Mr. Glrrd said
nThis property consists In round liz.
uIos of : .OO0 O00 worth Of clear real
estate, "a quarter of "a million dolluln
paid M value of million ana a quar-
icr of llro Insurance. 100000 of bank
sticks and The remainder In socks ana
hands al % mmug. mercantile nud
ruilroud ,ompunIos wholly or lmgoly
undcr mis- roulrol Against this plup.
rrlv 10 nm indebtedness Vt from two
,nI nu,.hulr MILAN dnllarp 10 four
Milton dollars. practically All due 10
a. h,,,L,
Thc Indebtedness is secured by lhs
,i,1,s ,ni hands of thr ~ mining,
r,.r",niIr and ullrnad rompanloa,
I',, I,Li. uronYnIy arc Am known The
,aIuo of t6u stocks and bonds up go
collateral n uul known. n they arc
~, voin3hI. ,s seems ukoly ana II
u,, ,r,' vlso,v usrl an lobig WIll be
XIII II ,hrr valur Id email ar n n
srcnily drpro.nlp by mlsmnare.
m,n, hrn mo ,rcdilorg viii lose ac,
,or1pely 80 orma, Inventory NJ
cuncr brhi. nr agsoiH haA hoon found
Enn ,' W, hnk. ron,rolIrd hy NJ
bn,u' ,hr Etv Nutlon,l nf To.
,'' .'' r., e.. pLoui mo limo uf SIR
h.'in,. n,,.s mo hDnk mad lnlnrd
a., ncum,s ,omponlcf about $500 Ooo.
rnr Ublrb moro Wns much collateral.
w. N'n,n r,',,, foI III droUs r,mc
~" p'. ,,tInus ron,nanioa and
woro rnld l., ,hr hank. ~ that tho
no,l,, m1on,,dnps. ran mo lo about
a. noo 6oo 'u,ig rrIpplcd tho bank, ANA
,hIs n,nrub'g IA dli moi omen. II Was
hnpod ma tho pnWiea most docrlv
HWY. ,,nIl odvanre none, IA iho
,.,,,''l'',ld,,,J nrnpcrty sn mat the nov.
,,'' AZ, h, E,pk cnnlJ bo tnken nm
W. P'I,' nu,g .,,cI bul co,optrntIou
'l9 .,'pr,I do nol SEQ
vIn,,' ,,v ,,Ncr Toprka ar kansns CIV
h,nlts sboull ho disturbed. Tho con,
uol IN Topeka ana presumably mo