Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-04
Reported Topeka National
Bank Will Pay All Claims.
WILL QUIT BUSINESS
COMPLETE LIST OF LIABILITIES
ISSUED TODAY.
Kansas City States That Devlin Owes
Big Sum to Trust Company Of
Baltimore.

TOPEKA, Kansas. July 4.-Independence
day afforded relief to the financial situa-
ton in Topeka resulting from the failure
yesterday of the First National Bank
Banks on which there were runs yesterday
took advantage of the holiday to further
strengthen their institutions. and their
officers reiterated statements that the banks
were prepared to withstand any demands.
a positive announcement has been made
by man well acquainted with the affairs
OF the First National Bank that the insti-
tuition would not-resume business.
While l believe that the bank will pay
every dollar of It's Indebtedness" said he
1T will not open again for business.
think the depositors will receive their
money within a month"
c. j. Devlins physician stated today that
the patient slept well last night under the
influence of opiates and that his condition
today favorable
c. L. HawIey. cashier of the First Nation
al Bank. who has been i'll for some time. is
said to be a nervous wreck.
Complete List of Liabilities.
Following is complete list of Mr.. Dew
Inns liabilities far known:
First National Bank of Topeka. 81 2}0, 900:
Central National Bank of Topeka $500. 900:
Rank of Topeka SO 900; National Bank of
National Bank of Kansas City, S4O0.03O,
City National Bank of Kansas City. $780,
zoo; Fourth National Bank of st. Louis
$aO.O0O Central Trust Company of Chi
clgo. $JO.0oO: Corn Exchange Bank of Chi
cago. 500 OO0: Continental Bank of Chicago.
$4,000. New York Trust Company of New
iork. $4,000: First National Bank of New
York. S250O0
Total. S2,S100O0
This does rot include the alleged liability
of SI10.OOO to the Baltimore Trust Com
pany. of which liability nothing is known
positively. nor small unknown liabilities to
Toluca and Spring Valley. ILL.,. banks.
Creditors Committee Meeting.
KANSAS CITY. Mo-. July "A creditors
committee. called. which was named late
today to form some plan for continuing
the different Devlin concerns. arranged to
meet at Kansas City late today. C. 8.
Jobes. president OF the American National
the committee said today that the
plans of the committee as formulated at
this time include drafting a suggestion to
creditors of a basis upon which an agree
ment for the management of the Devlin
estate can be reached. This statement.
Mr.. Jones said. probably would be mailed
TO all creditors tonight. He was not in a
position to state in advance what sugges-
tons the statement would contain.
Baltimore Report Doubted.
When asked concerning the report that
Mr.. Devlin owes sT1o 900 TO some Baltimore
trust company, c. S. Gleed, who arrived
here today from Kansas City. said:
Il am very much inclined to doubt the
truth Of the report 1t has not been con-
hrmed.
MIR. Cileed. when asked whether the or
ganizatlOn of the Missouri corporation to
take charge of MIR. Devlns affairs would
be perfected. said:
1T is liable to be. The bottom fact Is
that everybody concerned is suspending
operations of a decisive character until it
is ascertained exactly the condition of the
property. the liabilities and the assets
Nothing can be done until this Informal
ton is obtained
+. J. Bradley. the national bank exam
liner, who has been named as receiver of the
First National Bank. has not yet arrived
i'll Topeka.
Owes Large Amount at Baltimore.
Special Dispatch to The Star
KANSAS CITY. Mo, July A Kansas
City bank last night received an inquiry
from Baltimore indicating that c. j. Dew
lin. the millionaire coal operator and prin-
cipal stakeholder in the First National
Bank Of Topeka. closed yesterday. owes
$4,000 to a trust company of that city.
II is known that Deylin and his corpora
tons owe the First National of Topeka
sl.lOO,G0o. also owe other banks in Topeka
something like 100000. They also owe
Kansas City banks nearly Sl.0000OO. st.
Louis, S3J0.000. and Chicago about the
same amount