The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-08-29

the bank was Not safe, and for him
to withdraw his money.
THAT was all that I was able to
find out, said Mr.. Radford. 'I did
not see Davidson himself, although
made an effort to do so. L am not
positive that this is where the rumor
started"
The same story was told this morn
ing at the Commercial club rooms,
only with the addition that a nephew
of Davidson heard of the rumor first.
Taking it all in all, it is plain that
no one knows exactly how the thing
started. A committee to ferret out
and find if possible the man who
started the rumor was appointed this
morning by the business mems mass
meeting, with Judge R. F. Hayden at
the head. The COMMITTEES will go to
work at once, and If able to find the
guilty party will try to bring him to
justice through the channels of the
law.
Business Men Not Alarmed.
The gathering of the business men
at the Commercial club rooms this
morning was called by President c.
derson. About 1890 o'clock they
started their telephones to working,
and within half an hour had fifty
three of the city's most influential
men az the club rooms.
Elon S. Clark was chosen chair
man. Informal talks were then
called for, and before many had ex-
pressed themselves it was apparent
that the business men OF the city
would do everything in their power
to avert a run" on the bank, as they
have perfect confidence in the inst1-
tuition. A few of the talks follow:
T. J. Anderson: &c. 2. Lux, heavy
depositor, had to go out of town and
could not come here. He said that
he would leave every dollar in the
bank and would borrow more and put
into it if he is asked to do So"
c. K. Holiday: 1.-The banks of this
city have just gone through a sweat.
I want to see resolutions passed, and
they cannot be too drastic want
them to denounce any effort to make
run on this institution. It is as
sound as any bank in Kansas. The
rumor is senseless and insane"
Judge C. E. Foote: ,'tI move that
we appoint a committee to draw up
resolutions of confidence. l know that
the bank is all right. I'll leave my
money there"
F. p. MaeLennan: Il suppose 1 am
one of the heavy depositors in that
bank I have kept an account there for
| 20 years I intend to continue to keep
| it there 1t shall not be cut down a
single dollar. 1 think that the bank is
perfectly sound. I have entire conf
dence in it, and favor resolutions.
Abe Steinberg: Every dollar 1 have
| in the world is in that bank and it shall
stay there. 1 know that it is all right ;"
e. B. Cowgirl: "The Kansas Farmer
4 deposits. are all in the Bank of Topeka
and will remain there. 1t is one OF the
] most solid institutions in the state"
J. Monaghan: Let us show the
small depositors that we feel safe and
then they will not worry any longer L
have confidence in the bank.
! w. w. Mills, stockholder of the Bank
| of Topeka: Il think that committee
should not only speak of the damage to
the bank. but of the disaster to the city
4 as we'll
q. p. Gault, attorney for the, bank,
made this statement: sI represent the
bank. While we ask for no statement of
confidence from you, we Will appreciate
it, because matters have now gone 10 d
stage where it is Impossible to ignore
them. If anything of a doubtful charac-
iter has gone through the bank, would
hss-e known of it. 1t is usual and uni
versaI that if people suspect a pahk
they have something tangible to work
upon. but in this instance there is notn-
ing but rumor- The bank is perlec1y
lsound and safe"
A committee consisting of the fol-
lowing: c. K. Holiday, G. w. Crane, =.
E. Foote, J. w. Going and w. W. Mills
| were appointed to draw up resolutions:
The ones printed in the first part or
this article were adopted
state Funds Remain on Deposit.
In the Bank of Topeka the state of
Kansas has .$37, 700, and the state off1-
GERS will not withdraw this money.
lThey consider the bank absolutely
State Treasurer T. It. Kelly said this
morning: 1--WE have in the Bank of
Topeka s37 900. I shall not Withdraw
this money. l believe the bank is saIei
and I do not care to contribute any
thing toward a scare.
Governor Hoch was equally positive
, in his declaration that the state woulo
not withdraw any money it might have
from the bank.
At have not heard from Mr. Kelly
the exact amount of money which the
: state has in the Bank of Topeka, but
certainly do not think we should WITH
draw our money L talked TINS morn
ing with one of the leading bankers OF
the state concerning the matter, and
he informed me that the Bank OF To
Deka is absolutely safe, and that the
hanks of the locality would not permit
it to get into trouble. l do not tnlnE !
tth ere is the least cause for the furry. y
The statement rendered to r. G.
: Dun &, Co by the Bank of Topeka
today was as follows:
Capital paid in ..-'.+. -. zdO'OUS
In addition to this surplus and IN ne
! way appearing therein, the following
assets:
Real estate Gall clear) $40, o0t
assessed value of same, 100000
! Land sale notes and land sale
Stocks and bonds not included
in bond account --.....-- 90, 0O'
: of this $4,000 is Edison Electric
: Illuminating Co. paper to be paid Sep
tember /.
Life insurance due -........$ 1900
100000 Deposited Today.
: Mr. John r. Mulvane said this after
noon. at 230 o'clock, that during tn
f day 100000 has been deposited in tn
BANK of Topeka. One man, he said, de
; Iposited sS5, coo. I'VE will keep the door
: omen this afternoon, after the regula
f closing hour, in order to give the peopl
E who wish to a chance to withdraw thei
ifs-