The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1905-11-03
CHARLES J. DEVLlN is DEAD
DIES AT CHICAGO HOSPITAL. OF
PARALYSIS.
The Richest Man IN kansas Bank
rupt, Carried SI,2OO,OOO Life
Insurance.

Chicago, Nov Charles J. Dew
lin, the bankrupt millionaire coal
operator, Of Topeka. Kan, died at St.
Eliza beth's hospital in this city at
midnight. the result Of a second
stroke OF paralysis
He suffered his first stroke last sum-
mer at Topeka and this fact led to
the failure OF vast interests.
Mr.. Devlin died shortly before mid
night last night He had been at the
hospital several days with his wife
and children. He was in i'll health on
his arrival in Chicago from New York
and went direct 10 St Elizabeth's.
Yesterday he was attacked with
rush Of blood TO his head and despite
the efforts OF surgeons succumbed to
brain hemOrrhage.
Mr. Devlin was 50 years old and
leaves a widow and five children. His
body Will be taken 10 La Sale, III.
One OF Kansas Wealthiest Men.
Charles J. DeviiTi. who died here
last night, was before his failure in
July last generally credited with be-
ing one Of the wealthiest men in kan
sas. He was at the head OF twenty
six different companies. coal mining
enterprises and mercantile establish
and other states.
As the result of overwork Mr.. Dew
lin collapsed last summer and while
papers were being drawn up at Kan
sas City TO form a corporation intend
ed to take over and manage his vari-
Gus enterprises the First National
bank. Of which he was the principal
stOckhOlder, failed. owing the deposit
ors over 100000.
sas over 100000. the city of Topeka
$40, 900 and various banks and con-
Germs several hundred thousand dol
lars additional. The bank was found
to hold close 20 100000 Of Deviin
paper, and its failure caused runs on
several Topeka banks and caused the
failure Of one Kansas City bank that
held his paper
The failure Of the First National
bank Of Topeka put stop to the in
corporation OF Devlin's properties and
instead Devlin went into bankruptcy.
The report Of the Devlin receivers
made on October IL, placed his Habi-
Titles at 1851, 900
Two months ago Mr.. Deylin went
TO Europe for his health, and only re-
Gently returned 70 New York. When
he died at Chicago he was on his way
70 his home at Topeka.
The exact hour Of Mr.. Devlin's
death was I:4O last night.
Life Insurance OF q, 200, 900.
g. J. Deylin carried life insurance
policies aggregating 100000. Six
hundred and sixty-seveu thousand
dollars was assigned to Receiver J. 7.
Bradley Of the First National bank
for the benefit Of the creditors OF the
bank, the balance was unassignabIe
and was carried in the name OF his
wife and children. The Policies were
none of them datesI further back than
ance company and the New York Life
Insurance company are the heaviest
insurers. The Mutual Lies policies
approximate 100000 ali .ogether-
Receiver J. T Bradley said: II arm
certainl sorry TO learn Of that 1t will
complicate matters as Tar as the es-
tate is concerned. An administrators
will have to be appointed TO look az
ter the estate and ne T-liI have 70 be
represented in the transactions OF re-
| ceivers in taking care OF the estate.
/ don't think that We can hasten the
payment OF the first dividend on &C
count Of this but Il certainly VIII
mean that the creditors Of the bank
puts the bank in a great deal better
shape; there is upwards OF 100000
Z Of securities easily turned into cash
now. though il will take from sixty
TO ninety days TO settle up the pay
ment on these policies. None Of the
policies have lapsed-"