davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1912-02-14
BALTIMORE MARKETS.

Baltinorc. Nd. Feb. lS-FLoCR-winttr extra
3I5asss; do, clear, 3s5ai-N; do, Staight. tiol
%: do Tntent a.75aAg; spring clear A1oaA0
do. ssrHiEht. sshS4o: do, patent, ssaSo; City
Mii,s' NJ ustent, as; do, high-gTade patent. SS
do. high grade stPiEht, 49, do, ehoaee family
As: do extra GSa3G Rye hour, meuium te
choice. sooASs Bnekwbeat -four, 2fss2@. Com
oLrs-storf in eievators. S.Fs5 bushels; ship
ments from elevators. 7.s5 bushels. No white
So. sales; standard. white sslsaSsS; No white
RYE-s,ocs in elevators. IssoSS bushels shiI,
uents from elevators 6.i9s bushelS Bag lots, neai
hy as to quality tneul. soaSa No. re. dnnrstie
lolalGs: No. ne, Western domestic. loale
do. No. ). ssas7; do. No. I. Sasi; No = near BY
PIRLEY-s,ook in elevators. l.lo5 bushels; ship
ments from elevators. 100 bushels.
HAY-No / timothy. $50; No. .. 2Loa2L 80
No J . ooaZs0o: choice clover. mixed. 25oa23oo
No mixed, 2. 50; No. mixed n-OOs22OO; alfalfa
rhoice 500: No. !. 800; No. i clover, 80 No
clover. q. 5a225O; meadow gTass and yery Erassl
hay. BoOals.0o; nograde hay. as TO- kind, quality
and condition, lo.0oal5.0; packing hay and s"al'
sTRAW-No. straight rye straw, I.D; No. 2
Is O0al65c: No. ! tangled. lioo; No. wheat straw
l2OOalZ55: No. cat straE, Hoo.
AIILLFEED-SprIng bran, in Bo-lh sacks. pa
ton 5OOOa3o 50; -four to white middlings. in 100
pound sacks 95oaSl.oo; Western middlings II
ID0-pound sacks. per ton. 3.9a0oo: CITY Mil
middling in loepound sacks. pr ton. 25os5e.oo
City Mills bran in loapOund sacks. FeT ton. .. 90
500
EGGS-MHrJland. Pennsylvania, and nearby hrSts
loss of. a; do. Eastern shore Maryland an
Virginia. q: Western frsts. loss OF, -: West Viz
ginia frsts. loss OF. 3; Southern North Carolina
loss of, p: guinea eggs, dozen, Halls.
BUTTER-Creamery. fsncy, per H.. -: do,
choice s2as5J do god 3la5s: imitation. za29; do.
print S5a55: do. blocks z2A54 ladle 25a25; Mar
land and Pennsylvania rolls. Za3; Ohio rolls. 22A2
West Virgins rolls, 2az3; store-packed. elae; Mas
land. Virginia, and Pennsylvania dairy prints. Sa
process butter, Is0.
The Washington herald., 1912-02-14
NEW YORK PRODUCE.

New YORK. Feb. B.-MILLFEED-Sirong: trade is
dull Spring bran. sos; standard middlinEs. $40
Western ned dog 800; winter wheat bran. in 100
pound sacks, to arrive, 800; city bran. in bulk,
29O
OATS-strong; trade = quiet. No white. 81;
No , white co.,; standard. 81, elevator basis;
graded on tracks, 6psasgS.
FLOUR-Stesdy; dealings moderate. Kansas
straights Iooa5.25 in SACKS; spring patents, 555a
SIS. in barrels: spring clears, 4pSLso; soft winter
straights. L5oa560.
BUCKwHEAT FLOUR-Steady; tbere Is a light
supply Choice 20 fancy is dnoted At 2s0a30
RYE FIOUR-Steady; inquiry moderate Choice
brands quoted at 4.soa52a
CORNAfEALs-U Unsettled; demand moderate. Kiln.
dried for export 37Oa375; coarse neal in bags. Lisa
l.50.
HAY-Rsceipts go tons; steady. but trade quiet
Prime timothy. Is; No. !, L0; No. 2, lsoal2f
No g. looal.M.
sTRAw-Receipts. 80 tons: steady; moderate deal.
fngs Long rye quoted at s5al.oo.
PORK-Steady: business moderate. Mess lT.5oa
iT.75: family. la.5Oa9.m.
BEEF-Steady; DEALINGS are inactive. Packet
y 5OaiAo0: family. l4.5oal5.oo
LARD-Ffat; inquiry is moderate Prime West
ern ap: refined continent. 40; South American
10 30: refined Brazilian. in kegs I3o; oeostearine
sas lard stearine inactive; New York, loaleA
The Washington herald., 1912-02-14
GRAND ARMY MEN
OPEN ENCAMPMENT
Gommander-in-chief Judge H. X
Trimble Guest of HOnor-wOm-
ems Relief Corps Meets.

The forty-fourth annual encampraent
OF the Department OF the Potomac. g.
A. r.. opened last night at Grand Army
Han. 1872 Pennsylvania avenue north
west. with the commander-in-chief.
Judge II. NJ. TrimbIe. of Princeton, Ill.
as the guest OF honor.
Reports and addresses OF officers took
up most OF the session last night. Com
mander-In-chief Trimble made an ad-
dress and the department commander,
George c. Ross. submitted his annual re-
port, which gave due credit to the on
GERS who had been faithful In assisting
him during mis- term OF Office. The re-
port covered membership. department
finances, Memorial Day funds. renting Of
the Grand Army Building. birthday Of
Abraham Lincoln. Gen. U. s. Grants
birthday. Memorial Day. a proposed
memorial amphitheater at Arlington.
Flag Day, the national encampment at
Rochester, the next national encamp-
ment. official visitations. employment.
relief work, ladies' patriotic organiza-
tions, Sons and Daughters OF Veterans,
and Spar tsh War Veterans.
The report OF the Assistant Ad1utani
| General, Col o. II. Oldroyd. contaiRed
/ an interesting table showing the num-
Der OF posts and members in good stand
/ ing also gains and losses during the
year 1911 The report OF the assistant
| quartermaster general Francis l. NC
| Renna. showed the detailed statement o.
receipts and expenditures for the year.
Representative Thistlewood. Of Illinois
| made an address. Greetings were reae
/ from the woman's Relief Corps, whicf
opened its twenty-third annual meeting
/ last night in the same building; from tn'
4 Ladies' Of the G. A. r, and also IRON
4 the Daughters Of Veterans.
Senior Vice Commander J. ID. Blood
/ good was nominated for Department
| Commander. Other nomination viii d
| made at the session Thursday night.
The annual banquet will be held 70
might at the Arlington. thiConmahoei
| in-Chief /Trimble as the guest OF honor
More than go have been provided for a
the banquet
The twenty-third annual meeting OF the
Department Of the Potomac, Woman
Relief Corps, opened with an attendance
Of over 200 last night at Grand Army
Hall. Department President Mrs Agnes
1. Keeler presided and made her annual
report.
In her address and report, Mrs. Keeler
reviewed the council meetings, finances
relief work, Memorial Day. Flag Day
receptions and social matters, the ma
tional convention, and the able assist
ance Of department officers Of the G. A. r
Reports OF officers took up so much
time they were not finished, and viii
be continued tonight before the nomina'
tions and election OF officers.
Past National President OF the Won
ans Relief Corps Mrs Kate b. Sher'
wood. Of Ohio, and Past Department
Presidents Mrs. Alviare Briscoe ant
Mrs. Annie Roberts, Of Maryland, were
| r-asentad IN the convention as the guests
| OF honor BY Department President Mrs
Keeler. The high officials responded with
short addresses
The important business to be transacted
at the session tonight will be the elec
ton and installation Of officers. 1t L
expected that the sessions will continut
tomorrow night.
The Washington herald., 1912-02-14
CONGRESS HEIGHTS
FAVOR SINGLE TAX
Citizens Condemn Commissioners
for Adverse Report on the
George Bill.

CondemnIng the Commissioners for
sui mitting to Congress an adverse re-
port on the single tax bill Of Representa-
tive Henry George. jr.. Of New York.
without first granting the people OF the
District a hearing. the Congress Heights
Citizens Association, at meeting last
night. adopted a resolution requesting
Representative George to introduce a
measure compelling the District officials
to grant hearings on all subjects af-
fecting the interests OF the people before
reporting TO Congress on legislation
dealing with such subjects.
The association also strongly indorsed
the single tax plan OF Representative
George.
A committee was appointed TO urge the
enactment OF the bill introduced In the
Senate, providing for maintenance
OF the proposed Carnegie branch library
in Congress Heights. A site has already
been promised by Col. Randie for the
erection of the library. The cost OF the
institution will be 10000. A letter was
| received from the Commissioners, stating
that work would be commenced on the
| paving OF Nichols avenue within snort
time.
Plans were inaugurated for the eeie-
bration of the fifteenth anniversary OF
the formation of the association The
celebration will be held next month.
The bill for the establishment OF
highway and park along the bank OF the
AnacostIa River from the Anacostia
bridge to the District line was indorsed
by the Randle Highlands Citizens Asso-
| ciation at a meeting last night. There
was some discussion as to the advls-
ability OF assessing the cost Of the i'm
provements against the property within q
certain radius OF the park as dement's on'
n was finally decided TO indorse the Dill
/ in entirety.
! A resolution was adopted indorsing
the bill introduced by Senator Page.
providing for the improvement ol
| Pennsylyania avenue between Bowen
road and the District line. letter
/ was read from the Commissioners stat
ing that IL would be Impossible 10
i grant the request OF the association
i for two additional fremen for chemical
comnany. No .. There are now ten
1 fremen at the station.
| II was announced that mass meet
i ing of the citizens will be held in the
4 early spring under the supervision OF
the association for the purpose Of
arousing interest among the residents
of Randle Highlands on public cues
tions. DR.. f. T Woodward. president
Of the association, presided
The Washington herald., 1912-02-14
COTTON MARKET.

Quotations furnished hy W. B. Hibos & Co.,
members Of the New YORK Cotton Exchange. Hibbs
Building
New York. Feb. l3-Support from cotton con
Germs developed a very firm undertone in the cot
ton market to-day and from the opening break
Of 70 to % points. due TO the weakness in other
cotton markets over the holiday. the market nal
lied and prices recovered all Of the losses and
more. too. An Interval Of comparative quiet sue
ceeded the early rush Of slling oFiers, during
which time the market gained very mnch steadicE
tone Big SPOT People bought persistently and a
liberal part o. the inquiry was said 20 smanate
from mills. Proft-takinE sales evidenced late last
week continued for a time but many holders re
iustated during thcNession.
Tie wCalness at New Orleans and Liverool on
Monday mlinly responsible for the heaTines.
in this market At the start Sentiment was rather
mixed with a preference possibly to the bull side
AlthouSi, the technical position Of the market /,
believed to have been weakened recently
The market worked steadily upward and at ths
close good net gains were shown final urices beinr
TO IA points higher
Some Of the big spot interests are still predictinr
much higher prices and E-cent cotton vas being
talked Of around the ring to-day. notwithstanding
the initiaS setback
News from tho South was bullish as to spot sit.
uation. particularly from Memphis where Il Is said
the unsod stock is not greater than % 900 baes on,
n total Of 1se co., Liverpool weakened during ths
local holiday. and to-day was to points lower
The English spot market was points oH on 4 basi,
of SID for American middiinE Sales aruesated
Z 90 bales intending II 900 American
The Washington herald., 1912-02-14
LOCAL PRODUCE MARKET.

ouosstiops given below are fos large lOsH JOnees'
EGGs-Nesr-by fresh Virginia. slhss; West VIZ
giniA and Southwest Virginia u resne.sess ~ =.
BuTrER-ElTin fnney. Sasst "es'sFn h''''' =
cHEEsE-Nsw iiIai Yort sfaas factory psv. ISalss.,
PoULTRY-Chickas per h.. lsals; hens, psr lo.'
u roosers per ID. Q; turkeys per ip'' ieaiei
DRESSED pouLTRY-HenA ehoc. per N,
u; chickens per H.. l5als; roosters, per d. sam
turkeys. per h.. Han; dueks per 10. l1n 49,,
PER h.. liAls; eapona f-lh average. pr D. @sAl
vEoETkBLEs-Potstoes. per sack. s.ssss. 50: svesl
(North CARDINAL per bbl.. a5oal.Wi yams tNorth
CARDINAL. per bill, 28s22s; chhases; lW lns
2ooA2s; brusses sprOuia per quart asi en- onipss =
Florida new cabbage. pr Dol. ,-s...,. -.
plant, Florida. per crate. a0a3o; sttnee. - -
basket. lshi0; string beans, per BASKET. c..,s
celery. per doz. 7sal25 squash. Florida, per Ga,e
2Zsa2lS; bets. Florida. PEI crate, Z5asooi heie
per bhl looai 50 ysplnach, per bbl. 30atee; heets
pr crAte. 6o0z6oo; parsley. per basket, @saaso
GREEN FRUiTs-Apples. Pc. eei;; Lots T..,s,
orangss per bon. 1ooaszs; tsnseIines PEI .l. srae
aocpf.D: lemons. per boz. lsoas@: 9apeiruit
per bon. 6os6W; pineapples. sIsaA1; :, eT,n %
berries S-qunrt bo1es A5oa3f5; per boL. lo0aii'S
peppeEs. green. per haskef. L5s2@.
HAY AND STRAW-Hay. Western, No l. zAoi
100; No. 2 2oazO; mixed hay. lSooaz-o; stIas
rye. bale. ISooaro; machine thrash. l&0ah-0
| II OoalZOo.
LIVE sTocK-sbsep. per ID. sAsa; inmh@ Pc
n. sas; calves. ehOics. pr b. % medium. per ID
sasY.
GRAIN-wheat, per bnG. seal.oo; corn. shelled, g
70; ear, PER bbl aioA35o; oats. Western white. 10
| pa bm., 5sAss: cats. MIXED. pr bus. Eassss
bran. per ton. Sood middiins per ton, ~
| WOOL AND HIDES-Wool, washed. free 9
b-ns, pr H. o4a5: WOOD, unwashed. per ID. 2
hides. dr. per h.. lsals; green hides, pr lh, II
calfskins green, each, l.2sal-0
clover per bish -I2ooal27s: white clover per bush
laOoG0oo: c4imsn clover. L7SaSoo; timothy. pe
bush. T.00aS00; blue gTass. PER bush. 2oa40; ned
top grass, Nooa2noO per 100 lbs. alfaha peT bush
| Ooasoo
The Washington herald., 1912-02-14
ESTABLISH BIBLE RECORD.
sixty Readers GO from Cover to
Cover In Relay.

Pecos, Tex, Feb. 12-The Bible from
the first chapter Of Genesis to the last
word of Revelation was read aloud In
one Of the leading churches without a
halt in eighteen hours
The entertainment began at O'Clock
Sunday morning and was finished at
midnight. Sixty readers read In turn,
each giving place to another as his or
her voice became husky.
The reading began with small audi
ence. for the hour was early, but as the
day wore on interest In the novel enter
tainment was stimulated, and by noon
the church was filed.
Throughout the afternoon and evening
the congregation grew and at midnight
when the last reader pronounced the ma
words, The grace of our Lord Jesus
Christ be with you all, Amen" there was
not an inch Of vacant room in the aisle'
around the altar.
The Washington herald., 1912-02-14
NEW YORK LIVE STOCK.

New York. Feb. I1-CArTLE-In the live stock
market to-day beeTes were nominal feeling weak
Dressed beef slow at sal7 for native sideS
CALYES-Steady to strong. Neals T.0aloo; no
choice stock offered: bamyard calves 3SoaAW; no
westerns offered Dressed calves firm TO higher.
Cty drrssed Vczls nLals; country dressed l0izal2s.
SHEEP AND LAMBS-shecp steady TO strong;
lambs slow but about steady. Common to good
sheep 30aG5; common to choice lambs 60h7-5;
medium yeArlinEs 500 Dressed mutton steady at
Elkas per h.; dressed lambs slow out firm al ssa
u; country dressed hot house lambs higher at
( 0cas % each
HoGs-steady. Light TO medium. s0ass5: ehoics
beary. SIS. Country dressed hcss firm at ssas
IN
The Washington herald., 1912-02-14
WASHINGTON STOCK MARKET.

Sales: Regular call, Z O'Clock noon.
Capital Traction Sc, S.000 at uOiz S.0Oe at llOs.
3 20 at IJ14 1900 at llOAs. Sl.OoO at lloAa. 1on
at flCl. 500 at Il05.. A00O at llO&, 5000 at Ic'
= 0OO at lIoss. 81 coo at IlOh. 5000 at ilea-
Potomac cons. s.. 81. 900 at lCls. 81 coo al lolS.
Capital Traction, Is at 10. s at u.
Washington Railway & Electric COIL. 3 at .6ssi,
. at esA.
washington Gas. 3 at 81. at 81. 3 at 81. 3 al
.. 10 at S. ? al s.
Mergsnthaler. 10 al 21ss. al 2Oz-
National Metropolitan Bank at IA
District National Bank, l at l33, 10 at 49,
After CALI
Washington Railway & Eectrlc pfd., ) at "
Capital Traction. ! at l23.
Washington Railway & Electric CON-. . at 6st.
3 at 6s's.
Following quotations were posted yesterday:
The Washington herald., 1912-02-14
Guy w. Finney Diyorced.

Guy W. Finney was yesterday granted
a decree for absolute divorce from Paul
inc B. Finney by Justice Wright in the
District Supreme Court The suit was
filed on December 4 last. following a
raid on an apartment occupied by Mrs.
Ffnney in the Lenox apartments. 153 L
street northwest A correspondent was
named Attorneys James B. Archer and
John Lewis sSmith represented She hus-
band.
The Washington herald., 1912-02-14
TANGLE OVER ALIMONY.
F. f. HeaIy Cited to Appear In
Court Next Friday.

Justice Wright yesterday cited Fred
erick E. Healy to appear In court or
Friday and show cause why he should
not be adjudged in contempt OF court
it being alleged by Mrs. ono NJ HeaIy
that he is $3.50 in arrears in his alimony
payments. and that he maintains an
automobile and ''lavishIy entertains the
correspondent in the case at cares and
theatersr
Heaiy viii have TO show cause why
his touring car should not oe seiLeo ano
sequestrated TO secure MIS-. heaiy ;
Clair, Healy is said 10 be a mechanical
and electrical engineer.
The Washington herald., 1912-02-14
ExpLoDEs OLD THEORY.
Yale Professor shows that Athletics
Do Not shorten Life.

New Haven. Fen 1s.-Prof- William
Anderson. head Of the Yale gymnasium.
reports that his investigation Of 1e.sa
Yale athletes from 1855 tin the present
time, the period covered by intercollegi-
ate sport. shows that athletics disclose
no effect of shortening life. He found
few deaths from heart disease, and there
by exploded a theory that athletics often
caused organic heart weakness.
The deaths of athletes in Yale's first
half century of sport number fifty-eight.
OF these, twelve were caused by con-
sumption, six by pneumonia, two by
typhoid. four were drowned, four died
from heart disease, while the rest died
from scattering causes, two having com
mitted suicide. OF the 10.s22, 95l5 are
alive and /, ,406 are dead. DR.. Anderson )
conclusions are:
'-The Yale athlete does not die young,
nor is heart disease leading cause OF
death Lung trouble IS the cause OF the
greatest number Of deaths, but the per
centage OF men dying from these causes
is no greater than the expected deaths
among nonathletes from similar causes
The Washington herald., 1912-02-14
seeks $4,000 for Death.

The District, the Washington Asphalt
Block and Tile Company. and the WASH
ington Gaslight Company were named
defendants in a cult filed yesterday by
Mason N Richardson, administrator of
the estate OF Evalins Reynolds. for $4,000
damages Plaintiff alleges that in June,
1910 a leak in the gas pipes supplying
premises 1913 Carroll street southwest
caused the death of Evaline Reynolds.
The Washington herald., 1912-02-14
R,e wa. once EnElIsh SPY.

Berlin. Feb. 1a-The Hamburger Mach
richten publishes documentary evidence
showing that Rue OF Nerrue. on whose
.ecrst evidence Bertrand Stewart. a
Young London solicitor. was recently
Convicted Of espionage in Germany. was
formerly a spy in the service OF England.
Rue was dismissed from the British serv-
ice and entered the. German service in
,-avauOa
The Washington herald., 1912-02-14
NEW YORK MONEY.

New York, Feb. 13-Monsy on call at the stock
exchange to-day opened a. ~ per oent; highest,
~; lowest. ~; closing. 2S. Most Of the days
loans were made at ~ per cent.
There is no change in the status Of the time
money market. Business IS ysry quiet and feature
less Rates, which remain steady. are ~ Per cent
for sixty days ssA3 for ninety days and four months
and sax for five and sI months.
Commercial paper is unchanged at 5aa3E per cent
for the best nSmes-
London discounts "a per cent. unchanged; Paris
discounts 20 per cent. Of \; Berlin discounts ~
oH
The Washington herald., 1912-02-14
Helps swell Conscienee F'and.

President TAFT yesterday received let
ter from woman in Texas in which she
confessed that she had defrauded the
government ont Of several dollars by
using Cancelled stamps. She inclosed
badly worn dollar bill and promised 70
send two more when she Is able TIE
money was turned over to the conscienrs
fund OF the Treasury.
The Washington herald., 1912-02-14
MUST WRITE OR BE ARRESTED.
But This Is Not n Literary Move
ment, in Roscoe, Ohio.

Coshocton. Ohio, Feb. 1S-Sherin Nc
Donald and the prosecuting attorney of
Roscoe. just across the Muszingum River
from here. are getting specimens of
handwriting in an effort to catch the in
cendiary whose work has terrorized the
village for six weeks. Experts will COM
pare the handwriting with anonymous
notes which gave warning Of most Of the
fires Sheriff Mcdonald says that he will
arrest any one who refuses a specimen
of his handwriting.
The fires were said to be the result Of
quarrels over a steacher in a Roscoe
school
The Washington herald., 1912-02-14
Charge schooIboy. with Murder.

Dublin. Feb. l3-EIght schoolboys have
been arrested charged with the murder
of John Kelly, assistant master OF an
Industrial school in County Meath. The
boys, II is alleged, waylaid Kelly while
he was making his rounds Monday night
and beat him to death with sticks.
The Washington herald., 1912-02-14
order. American. Retained.

ST. Petersburg. Feb. 1S-A despatch to
the government organ Novoe Vremya to-
day states that the Persian government
has ordered the retention OF F. z. Cairns
and the eleven other Americans who for
merly composed the stan OF W. Morgan
Shuster, the former treasurer-gsneral Of
Persia
The Washington herald., 1912-02-14
CHICAGO GRAIN.

ouo.st,ou, furnished b. W. B. Hibbs Co..
members Of the Chicago stock Exchange. Hibba
Building.
Chicago, Feb. I5-Wheat closed lisR lower
large offerings. Nay, L0IisAloe; July, ss& septem-
Der, 8h. :.
Com closed ls lower On enormous receipts and
promise q more tomorrow. Nay. elsa6sAi July,
e7R; September, g.
Oats lower on strong selling Of deferred months.
MAY ga: July, IS; September, Hhallk.
n
The Washington herald., 1912-02-14

The rzntie steam turbine recrntly Installed in a
New York electric NATION b powerful enough 70
light million H<.ndle-pOver lamps
The Washington herald., 1912-02-14
FINANCE And REALTY

The per cent bonds OF the Capital
Traction Company were the principal
sellers at the meeting Of the local stock
exchange yesterday. The bonds Sold on
a range OF 1iOk to 110st and closed at an
eighth point less than that figure The
bid at the close was 110ih and the asking
price 11oz. During call s2o,5oo in the bonds
were traded.
Potomac electric IS sold in small way
at loiss.
Only small amount Of trading was
done in Traction securities. Capital Trae-
tIon stock sold at izs for two 3 share
lots, and the asking price then advanced
TO 12sk. The closing bid was l2z&.
Railway common sold at esk during
call. After call the stock sold at 6s1s-
The asking price at the close was ~.
and the bid ss.
Washington Gas stock sold again at
81 After LIZ shares had been traded the
stock was stin offered at that figure. Be-
fore the close the asking price dropped
to SSR. and the bid was S%-
Business Property sold.
A deed was placed on record yester-
day by which the premises 1S29 F street
northwest bscaire the properly Of Z. +.
Heilprin. The property formerly was
owned by the Miller estate The sale was
handled by Cissel. Talbot & Co., and the
price raid Is said to have been about
$40, 400. The property has frontage OF
p feet and a depth OF ils feet. and
is Improved by a four-story building.
/
Frankie W. Harper. Elmer T. Hunt,
ana Efie Burr have Incorporated the
T.. Morrison Paper Company 90 conduct
a wholesale and retail paper store. -he
| capital stock is placed at $s,oc0
Liable for Excessive Loans.
Comptroller Of the Currency Murray
has issued an order to all national bank
examiners and directors Of national
banks, providing that in the future bank
directors will be held personally liable for
losses sustained on loans made In excess
OF the limit precribed by law. In the
future, Mr.. Murray has directed, this loss
/ must not be charged against the undi-
yided profits or the surplus Of the bank
Hereafter when bank sustains loss
| on excessive loans, the national bank ex'
aminer have been Instructed TO present
the matter to the board Of directors oi
the offending bank and ask that reso'
luton be adopted and entered on the
minute book Of the bank, showing tht
names Of the directors responsible toi
the excess loan. the amount OF the loss
thereon. and that the loss viii be met by
the directors who authorized and ap'
proved the illegal loan. In support OF this
order, Mr.. Murray cites a decision OF th'
United States Circuit Court that undei
section $500 Of the revised statutes, direc
tors of national banks who made or as
sent to the making OF a loan to any on'
person of a sum in excess OF the lega
i limit become personally and individually
liable for subsequent loss thereon.