Jasper County Democrat, Volume 7, Number 4, Rensselaer, Jasper County, 30 April 1904 — SCORES OF McCOY BANK FAILURE VICTIMS [ARTICLE]

SCORES OF McCOY BANK FAILURE VICTIMS

Liabilities Continue to Grow While Assets Are Decreasing.—Cattle Owned by Wood Bros. , a Chicago Commission Firm.

Petitions Out For Removal of the Assignee.

whom we are told had money there, but who will not state publicly how much, and there are also hundreds of others, no doubt, of whom we have not learned of at at all as yet: RENSSELAER AND VICINITY. Joe Jackson, bussman SI,BOO “Comrad" Pox, mail carrier 300 Chas Chamberlain, supt. city light pit. 1.600 Wm Bennett, farmer 3,000 John English, retired farmer 800 Mrs Hettie Reynolds, widow 100 N S Bates and family 850 W H Sanders, supt city schools 200 Miss Sanders (sister of Supt. Sanders). 500 W O Hiatt, principal city schools 500 H H Bass, teacher, Rensselaer schoo is. 600 T J Headlee, same 150 Miss Maude Allen, same 125 Miss Stella Shields, same :. 125 O E Frazee, same , 600 Paris Dougherty 1-1,000 Lucy Dougherty, his daughter 100 G F Meyers, real estate dealer 150 Catholic Foresters lodge 500 Joseph Luers, farmer 300 Mrs. Jesse Nichols, school teacher 940 Fred Stocksick, retired farmer. 900 Mary Eger, dressmaker 1,000 Dr. Horton, dentist 700 J.H. Cox, newsdealer 360 Rev. W. H. Fisher 52

Holle Bros Kniman 330 Mrs Gilmore, Fair 0ak5............ 400 Harry Zimmerman, Fair Oaks. 700 W. Fence, foreman Morris Ranch 10,000 James Pruett, Lafayette 500 A. J. Bellows, farmer. Carpenter tp..... 1.000 James Yeoman, farmer, Newton 750 Jerry Healy, clerk 600 J F Major, county clerk 3,000 John Eger, grocer 1,500 John Sullivan, old soldier ■ 500 Sarah McEwen 500 John Hordeman, laborer ICO Wm M Hoover, farmer 150 J C Porter, retired farmer.. 150 Rebecca J Porter, widow 600 W H Eger, hardware dealer 8,000 J J Eigleshach, butcher 600 J A Larsh and wife 200 Mrs CP Wright, dressmaker. 100 Peter Hordeman, Sr. farmer 1,100 Mrs Bingham, widow 1,500 George Andrus, farmer......... ...; 600 John Andrus, farmer 100 C F Stackhouse, farmer. 470 John Healy, shoemaker 800 Jasper County Telephone Co 300 J H Chapman, city treasurer. 610 Miss Maud Irwin, clerk, McCoy bank... 600 Irwin A Irwin, attorneys 500 G E Marshall, editor Republican. 175 Mrs G E Marshall 250 Leslie Clark, editor Journal 200 G A Strickfaden, saloon keeper. 1,000 Presbyterian Sewing Society 150 Judge Thompson, capitalist 6,000 Judge Thompson's children. 1,000 W H Beam, Monon railroad lagent 425 C M Blue, trustee Marlon township 3,086 Fred Waymire, county commissioner. 250 J C Gwin, lumber dealer 400 Scott Bros, harness dealers 500 John Makeever, capitalist. „... 1,000 A D Washburn, stockman ~ 1,600 Thos Grant, Roselawn lumber*dealer.~ 3,200 St Joseph's College, Indian school 2,800 St. Joseph’s College (rumored amt.)... 7,000 Rev. Father Geitl 1,000 The Tuteur family (all members 0f).... 28,000 Miss Ora Duvall, music teacher 87 Mrs Peyton, widow 100 John Barton, Mt. Ayr 7,000 Miss Clara Gowland 700 Charles Battleday, farmer 100 Benjamin Harris, Sr 4,000 Wilbur Sayler. teacher 300 Dr, Besser, Remington 150 Henry Zacher and family, Newton tp... 2,000 John Berenda. farmer, Newton county 600 Frank Berenda, his son 50 James Matheson, retired farmer 175 S H Hopkins, farmer 580 Gifford & Callahan, Newland 1,000 Frank Meader, farmer 1,250 Nellie M Besse. Pleasant Ridge 1,574 J F Warren,Oklahoma 200 A L Branch, wood and coal 500 Ray Wood, barber 175 Mrs Mary Porter 100 Vernon Nowels, clerk 50 John Rush, carpenter 300 J Q Lewis 60 Mrs Gertie Robinson 50 “Nim” Hopkins, farmer., 800 Zack Stanley 360 Chas Malchow 350 Tillie Malchow, teacher 100

SOME TALK OF CRIMINAL PROCEEDINGS AGAINST OFFICERS OF WRECKED BANK.

Schedule of Assets and Liabilities Will Be Made In Thirty Days.

the only new developments in the big McCoy Bank failure, other than the learning of fresh victims, is the driving off and shipping of the 380 head of cattle whick the McCoys had scheduled in the deed of assignment to Rinehart. It is now claimed that these cattle belonged to Wood Bros, a Chicago commission firm, and that they were sent out here to be fed by McCoy, who was to be paid for the increase in weight. Be this as it may, the cattle have been shipped and not a creditor of the bank or the assignee, so far as learned, raised a hand to prevent it. If, as now alleged,the cattle were here on a feeding contract, it would seem that the McCoys had some equity in them and they should not have been allowed to be taken away without their creditors being given the benfit of it. Also, if the cattle were the property of others, the McCoys should not have included them in their schedule of property turned over to rbwassignee. j The shipping T»f these cattle —ever 150 head last Sunday—and the belief that most of the better class of paper of the bank has been put up as collateral to other banks and persons to raise money to carry on the business as long as possible, has discouraged creditors and most of them are of the opinion that a very small per cent of thio money will ever be returned to them.

David Worland 180 L. H. Hamilton.county superintendent 250 Mrs. A. Pruett, widow 200 Warren Robinson, retired farmer 1,000 J. J. Hunt, lawyer 2,000 S. R. Nichols, co. treasurer $20,000 to 30,000 Henry Grow, retired farmer 500 Elza Grow. 300 Clint Hopkins, retired farmer 4,200 Mrs. Dr. Alter, widow 6,000 Mrs. Morgan, widow 300 Clara Reeves, dressmaker 300 Frank Donnelly 240 Joe Nagel, farmer ..,. 2,275 Joseph Adams, farmer 1,000 Johu Bislosky, farmer 700 Mrs. John Grooms 50 B. Marion 100 Uncle Billy Pierce 300 Wm. Rear, delivery clerk 310 Rensselaer Baud 50 Henry Randle, retired farmer 3,200 C. J. Dean, real estate dealer „ 900 Mason Kenton, farmer 60 Jasper Kenton, 50 Rev. D. T. Halstead 800 Modern Woodmen, druft returned 35 Mrs. P. W. Clark 300 MrsAThos. Thompson 6,000 Widr Powers and wife .. 800 Carr Bros., farmers 400 Adam Nagel, farmer -v - 423 Jonn Brown, farmer 38 Guss Larsh, laborer . 135 fFritzZard, farmer 1.000 Henry Luers, farmer 400 Smith Newell, carpenter 70 George Dougherty, retired farmer .. 100 Wm. McElfresh, retired farmer 1,000 Eliza Galbraith, widow 190 Christena Fingermeyer, servant girl... 268 B F Fendig, druggist (and account) 1.500 Nellie Byrd, school teacher 100

T. J. McCoy was up town Thursday a short time, for the first since his Bickness. The elder McCoy is about the street as usual and many people think from their actions that they do not realize the enormity of what they have brought about. Many people had the savings of a life-time of toil and self denial in their bank, and the prospects of realizing more than one-third the face value of their claims is not flattering. In fact, numerous depositors have offered to take 25 to 35 cents ofi the dollar for their claims, with no takers.

Dan Waymire 400 M. B. Price, county surveyor - 400 Mrs. lines, milliner 187 Henry Potts and wife ... 800 Cooney Kellner, salooD keeper 300 Wm. Sayler, Newton tp ' 2,400 Mark Reed, Jordan tp 1,000 Anna Cummings, Cambridge, Mass .... 1,345 James Kennedy and mother, Jordan tp. 2,300 Mrs. McDaniel, Gillam tp 9,000 Thomas Robinson, Gillam 115 Michael Schultz, Union tp 1,100 Otto Schultz, Union 85 Clara Schultz, Union 200 Charles Zard, farmer 300 John Shroer, Barkley tp - 1,270 Frank Shroer, Barkley 1.800 Mark Shroer, Barkley 600 W. K. Price, guardian T. Price 4.254 W E Price, personal 685 B. D. Comer, trustee Union 500 Walter Porter, farmer, Jordan tp 800 Milt Gundy, Fair Oaks - 1.000 Mrs. Simon Kenton, Surrey 200 Thos. Walters, farmer - 450 John P. Walters, farmer 450 First National Bank, Lafayette 10,000 Murdock Bank, Lafayette - 10,000 Bowen Bank, Delphi - 3,500 S. T. Comer, Union tp 700 J. R. Phillips, co.assessor, McCoysburg 1,500 Halstead Bros.. Newton tp 200 Lan McDonald, Hanging Grove 5,000 James Lewis, Barkley tp 100 Mrs. Michaels, widdw, Barkley 2,700 Mrs. John Nichols, 8ark1ey...... _ 100 Warren Poole, McCoysburg 800 W. R. Willet, Hanging Grove 100 Reed McCoy. McCoysburg.. -s— 110 Geo. McCoy, McCoysburg 200 Ed Sutherland, Fair Oaks - 600 Alva MoCashin, Jordan tp 1.300 James Shindler, Jordan... 400 Joe Branson, Jordan 150 Benj. Barger, Jordan 1,800 G. M. Wilcox, trustee Newton 3,000 F. M. Hershman, Walker 2.000 S. L. Luce, trustee, Keener 1,700 Joseph Stewart, trustee Hanging Grove 1.000 John Bill, trustee Jordan- 1,500 John Bill, personal account- - 1,000 Werner Miller, farmerEll Arnold, trustee Barkley 1,000 Barney Meinbrook, farmer...... 225 A L Willis, gunsmith. 100 Philip Paulus, farmer ... 1,300 A Leopold, retired merchant 8,300 W. Richardson, retired farmer.- 1,200 A K Yeoman, farmer, - 150 Prank McCord, farmer - 150 Silas Potts, farmer ..., 1,700 A boo of Silas Potts 150 Mr Lemley, farmer, Barkley tp 600 John Burton, Mt. Ayr - 5,000 Jeff Smith, farmer. Wm Hanley and wife, Kniman 600 John Meyers, Kalman —-..£T—■..... 1433

John Kellner, retired farmer 400 Chas Schleman 500 Samuel Mitchell, farmer 1,100 John D.Cooper, farmer 800 Jesse E Wilson, attorney 1,100 A G W Farmer, farmer 100 E D Rhoades, hardware. 800 True Woodworth 107 Lucy E Sample 200 Samuel Newman, farmer 119 Nora Newman 183 W L Bringle, farmer , 350 Donnelly Lumber Company 200 Donnelly Bros 100 Militia Company 160 Leuuie A Gant, widow 20 Anna B Burgett 700 Roselawn Banking and Loan Co 700 Eugeue Spitler 150 J W Yeokel, farmer 400 W H Tilton, Wheatfield 1,085 Ed Bigg : s, Wheatheld (rumored).. ...16,008 August Goepp, farmer 124 Lem Huston, engineer 75 SE Hopkins 25 Theo F Lang. Indianapolis 512 T F Nichols 175 E J Stimson 2,100 Jacob Jordan - 140 Plisa Clift ... 87 Lolo E Clift 50 Briughau & Thornburg, 197 M L Bringham 5 159 Sam Roth - A C Scott. 276 Edmon and Allie Hollin - 450 Braz Ebar Chas W Platt 60 Platt A Yeider, contractors - 170 Frank Nissius, farmer 1,010 Geo A Williams Wm Heuson farmer - 200 I N McCurtain, farmer ....: .. 725 Geo Barcus 550 Matt Worden - Geo Mustard, Sr— 60 Frank Kresler, clerk 400 G B Lewis, farmer - - - 187 LS Renioker Tony Strickfaden, bartender ... 000 Mr* Joseph Adams —_ 290 Simon Phillips, retired auctioneer— 500 Samuel Duvall, retired liveryman 400 B P Lane, farmer Sam Bngllsh, farmer Clarence Maxwell, farmer 100 Eunice I Morris, widow.... _ 350 Joseph Yeoman, retired farmer— 2455 Rachel Yeoman, his wife. 300 Mattie Yeoman, daughter 500 Ida Yore 170 George Ulm, farmer 75 Philip MeElfreeh. farmer.... 500 Prank Kodat, Chicago 300 —Toyne, Gillam tp 800 Mrs. Lewis Devault, Monon - MO Bead The Democrat for pure.

Petitions are out and are being extensively signed for the removal of Mr. Rinehart as assignee and the appointment of some disinterested party who is a resident of the state and county in hiß stead. This matter will come up in court next week, we understand. There is also talk of criminal proceedings. Nothing has been done or is being done, apparently, to make up the schedule of the assets and liabilities. One of the attorneys for the assignee informs us that Mr. Rinehart has 15 days from the making of the said assignment in which to make up a more detailed schedule of the property included in the bill of assignment, and to file a bond, which must be in double the amount of the assets. He then has, says his attorney, 30 days more in which to go over the books and securities of the bank and make up a complete schedule of assets and liabilities. It is inferred by most creditors that the full time will be taken. Following are names of those having funds deposited in the A. McCoy & Co., bank and the amounts of same, so far as we have been able to learn at this time, also their place of residence. There were some errors in the list published last week, as to amounts, and we re-publish same with corrections, so far as learned. We do not vouch for the correctness of the amounts given, but they are approximately correct; so me. perhaps a trifle too high, others too low. There are dozens of others