Jasper County Democrat, Volume 7, Number 3, Rensselaer, Jasper County, 23 April 1904 — THE HIGH RATE OF INTEREST CAUGHT THEM. [ARTICLE]

THE HIGH RATE OF INTEREST CAUGHT THEM.

As the days pass, more and more victims of the McCoy bank failure are heard from, and the prospective liabilities are increased. For the past few years this bank has been paying from one to two per cent, more interest than the other banks here, it is reported. People having a little money saved up wanted to get as much for it as possible, and took it there, attracted by the high rate of interest. It is now believed by many bank has been practically insolvent for several years, and has been kept going on the deposits attracted by the six per cent, interest, • Following is a list of those we have learned of who are alleged to have had money in the *McCoy bank, which closed its doors Monday. We do not vouch for the correctness of amounts. Many of those whose names appear gave us the amounts themselves, and those are no doubt correct. There are, of course, hundreds of others of whom we have not heard, and a great many drafts and checks that had been sent away are coming back protested: Jerry Healy.: $ 600 00 J. F. .Major 3,000 00 John Eger 1,500 00 John Sullivan 500 00 Sarah McEwan....... 500 00 J. R. Phillips.... 1,500 00 John Hordeman 100 00 Harry Zimmerman 700 00 W. M. Hoover 200 00 J. C. Porter 150 00 Rebecca J. Porter 500 00 W. H. Eger 6,000 00 J. J. Eiglesbach....... 300 00 Joe Larsh and wife.... 200 00 Mrs. C. P. Wright..... 100 00 Peter Hordeman, Sr... 1,100 00 Mrs. Bingham 1,700 00 George Andrus. 600 00 John Andrus 100 00 Charles Stackhouse.... 470 00 John Healy 800 00 John Bill, tp. trustee.. 1,500 00 John Bill, personal.... 1,000 00 Jasper Co. Tel. C 0.... 300 00 J. H. Chapman, city trs 610 00 Miss Maud Irwin 600 00 Jas. F. Irwin 3,000 00 Geo. E. Marshall 400 00 Leslie Clark 200 00 George Strickfaden. t .. 1,000 00 Presbyterian ladies’ so. 150 00 Judge Thompson 6,000 00 W. H. Beam, Monon agt 600 00 C. F. Pence, foreman Morris Ranch 10,000 00 Joseph Stewart, tp. trus 1,000 00 S. L". Luce, tp. trustee. 2,000 00 C. M. Blue, tp. trustee. 4,000 00 Scott Bros. 500 00 John Makeever 1,000 00 F. M. Hershman 2,000 00 A, D. Washburn. 1,600 00 Thos. Grant 3,200 00 Catholic College 2,800 00 G. Wilcox, tp. trustee 3,000 00 The Tuteur family.... 28,000 00 Joe Jackson. 1,800 00 Comrad Fox • 300 00 Chas. Chamberlain.... 1,600 00 Wm. Bennett 3,000 00 John English 800 00 Geo. Meyers 140 00 Benj. Barger 1,000 00 Catholic Foresters 500 00 Joseph Luers 300 00 Two Lafayette banks.. 20,000 00 Mrs. Jesse Nichols.... 940 00 Fred Stocksick 900 00 Mary Eger 1,000 00 Dr. Horton.. 700 00 J. H. Cox 500 00 Rev. W. H. Fisher.... 52 00 David Worland 180 00 Bowens, Delphi bankers 3,500 00 L. H. Hamilton 250 00 Mrs. A. Pruett.. _ 200 00 Warren Robinson 2,000 00 Stephen Comer 700 00 J. J. Hunt, $2,000 t 0... 3,000 00 Halstead Bros 200.00 Lan McDonald... 5,000 00 Co. Treasurer SIO,OOO to 30,000 00 James Lewis 100 00 Mrs. Michaels, Barkley 2,700 00 Mrs. John Nichols 100 00 Warren Poole 800 00 W.R. Willet 100 00 Reed McCoy 110 00 Geo. McCoy • 200 00 Eliza Galbraith 190 00 Ed Sutherland 600 00 Alva McCashin 1,300 00 James Shindelar 400 00 Joe Branson 150 00 Henry Gr0w.......... 800 00