Titusville Herald

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THE   TITXJSvILLE HERALlJe
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TOIstJMB 47
»T__TUSVELL__B. PA, AD GUST 30, 1906.
NUMBER 34
DISHONESTY CAUSE
OF LARGE FAILURE.
REAL   E8TATE   TRUST   COMPANY
GOES TO THE WALL..
PRESIDENT       NIPPLE'S       DEATH
Caused Investigation and Perfidy Was
Disclosed—Loaned   Money  on   Paper  Practically  Worthless.
PHILADELPHIA, Aug. 28.—Persistent rumors that President Hippie
committed suicide wera borne out tonight when it was authoritatively stated that he took his Ufa at his home laat
Friday morning. Mr. Hippie Is said to
diva taken a dose of laudanum wtth
suicidal Intent. While still conscious
he filled a bath tub with water and
later was found apparently drowned.
Mr. Hippie's family decline to make
any statement on the subject and the
physicians interested in the case decline to be Interviewed regarding the
suicide theory.
PHILADELPHIA, Aug. 28.—The
Real instate Trust company, organized
in 1886, the depository fdr nearly a million dollars .of the funds of the Presbyterian Ohurch and holding $300,000
of we mOney of the city of Philadelphia and $175,000 of state deposits, today closed its doors. Tbe failure was
"caused by heavy loans made by tbe
late president, Frank K. Hippie, to
Adolf Segal, a promoter, on insufficient surety.   .
A desperate effort was made to save
the Institution by the board of dlrec-
tors through an appeal to the Clearing
House association, but that body declined to subscribe a guarantee fund
of $7,000,000, because of Insufficient
security,
Tho liabilities are placed at $10,000,-
000 with quick assets of $3,500,000 and
doubtful collateral, amounting to $8.-
,000,000. George H. Earl Jr.. president
of the Finance company of Pennsylvania, was appointed receiver and in a
statement to the public he expressed
the hope that he may soon be able to
re'eoinmend a plan to the depositor,
that wil'l better serve their interests
and terminate his services.
Was Highly Regarded,
President Hippie was always*regarded as a conservative financier, but following his Budden death last Friday an
'investigation by the directors developed the fact that his loans to Segal
had been made regardless of proper,
security and that he had made false,
statements to the directors of the
bank's condition. Friends of the president express the belief that Segal exercised a hypnotic influence over Mr.
Hlpjjrie. ( Although, the cause of Mr."J
Hlpple*s*deatnwas given'TJy'hTs "physician and the coroner as cerebral hemorrhage, lt is Intimated that he may-
have committed suicide. When the directors ' met the Clearing House association today the only absentee was
Dr. S. Weir Mitchell, who is away from
the city for the summer.
PHILADELPHIA, Aug. 28.—The late
Frank IC. Hippie was one of the best
known financiers of this city and was
also prominently identified with many
charitable institutions and was active
in the affairs of the Presbyterian
Ohurch. He was born ln this city in
1839 and was admitted to the bar in
1S63. At the incorporation of the real
estate company In 1885 he was elected
its president, which office he retained
Until his death. Mr. Hippie was also a
director of the Franklin National bank.,
treasurer of the general assembly of
the Presbyterian, churoh in the United
States,' treasurer of a prominent committee of the synod of Pennsylvania,
treasurer of-the Presbyterian hospital
here and American treasurer of the
western section of the alliance of the
reformed churches holding the Presbyterian system. In the financial
world he was regarded as decidedly
conservative.
His Death   Sudden.
Mr. Hippie's death occurred suddenly- last Friday morning at his summer
home In Bryn Mawr, Montgomery
oounty. The cause of death was given
as cerebral hemorrhage by his physician, Dr. William C. Powell, whose
statement was confirmed by Coroner
Ring. The latter said today that he
did not perform an autopsy, but accepted the statement of Dr. Powell.
In sneaking of the death of his father,
F. Wharton Hippie said:
"My father came home ln his usual
health and spirits. He arose about 6
o'clock tn tbe morning and appeared
perfectly well. He had the bath filled
as usual and went to the bath room.;
Bo far as we can learn he must have
died Instantly, for no outcry of any
kind was beard and he was dead when
found by Mrs. Hippie."
Did Not Kill Himself.
Rumors that Mr. Hippie had committed suicide were quickly silenced by
Dr. Powell and, Coroner King','-who declared that death was due to natural
causes. The coroner issued a certificate that Mr. Hippie had died of cerebral hemorrhage or apoplexy. Dr. Alfred H. Read of Norrlstown, the coroner's physician, .stated today that after
viewing the body ih the presenoe of
Dr. Powell be had agreed that death
was due to natural causes. Had he
been aware that tbere was any mystery'about Mr. Hippie's deatb, he said,
he would have made a post-mortem examination. The first Intimation that
the Real Estate Trust company waa Ip
financial difficulties was given last
Sunday when at midnight a hastily
called meeting of the directors of the
institution was beld. Among those
Who attended the -conference were R.
Dale Benson. John H. Converse, former Judge W, W. Porter, Bayard Henry, John F. Betz and J. De F. Jenlcih.
at the conclusion of the meeting the
following statement was issued:
"In view of tbe sudden deatb of the
president. Mr. Frank K. Hlpnle, the directors of the Real Estate Trust company were called together last evening
to consider the selection of a successor
arid to make other necessary arrangements. As soon as a decision is
reached announcement will, be made.
-•he meeting was held on Sunday
owing to the fact that several of the
directors could not sooner reach the
Mf."
Directors Secretive.
How far Hippie' benefited ln the
loains made or whether he was merely
tiie tool of others is yet to be determined. AU the directors are remaining silent on that point and also on the
(ideation of whether there will be any
criminal proceedings. In order to hide
the true condition of the company and
save himself Hippie* resorted to the
falsification of bis reports, which were
accepted as true by the directors. He
used what the receiver termed a
"double system" of making reports.
When .the state bank examiner called
Hipfiie presented to him good securities to offset the loans made and when
t\io president made his reports to the
directors he would show them a bundle of other securities and otner paper
'and along with these he would exhibit
the 'certificate of the bank examiner
which showed that the account's the
examiner had Investigated were correct. The directors, supposing the securities shown them were the same,
approved the reports. Among these
directors are Dr, S. Weir Mitchell, the
eminent author; John H. Converse of
'tiie Baldwin Locomotive works and
one of the most prominent laymen in
the Presbyterian churcb in' the United
States; John F. Betz, the millionaire
brewer; William A. Patton, assistant
to President Cassatt of the Pennsylvania railroad; former Superior Court
Judge W. W. Porter; R. Dale Benson,
president of the Pennsylvania Fire Insurance company; Joseph De F. Jun-
khl', ah attorney; Edward P. Borden;
Samuel F. Houston, who is also vice
president of the company; former
State Senator J. Bayard Henry ahd
•Jfrank C. Roberts.
Investigation Made.
As soon as the directors learned of
the sudden death of President Hippie
tHey Began an investigation of his affairs and were shocked when they
learned the true condition of the company. This was after the close of
business on Friday. A meeting of tbe
board was hurriedly called and it was
decided to Instruct the oflicers of the
bank that all deposits received after
the opening of business Saturday
morning should be set aside and deposited with the Franklin National bank
in tne names of the individuals presenting, tbe money. This was done to
absolve '' the directors from criminal
proceedings for receiving money after
they knew.the trust company was insolvent. On Monday more- than $160,-
000 was deposited by patrons of the
bank, which was practically offset by
withdrawals hy persons who had heard
ruinorg or the company's condition.
The money deposited sinee Saturday
Will. however, not be returned to the
depositors, but will lie in the Franklin
Natloiial bank until the courts have decided whether it should be paid back.
Couldn't Tide It Over.
While ttte depositors were suppo'sed-
|l*--l{Sss_i'ng -their mojtrey with "the real
estate company the directors were
making strenuous efforts to tide the
institution over the difficulty. All day
yesterday they worked, but It became
apparent' shortly after noon today
that the crash was Inevitable. Application papers for a temporary receiver
Were prepared and left at the offices of
the trust company, after which the directors went to the meeting of the
Clearing House association to make a
last appeal for help. The newspapers
were aware of the trend of events and
had men stationed at the bank building ready to flash the closing of the
bank if It occurred. Tbere were probably fifty bank presidents at the clearing house to meet the directors of the
trust company. The latter stated that
they needed 87.000,000, but the best
the banks could do was to guarantee
$3,500,000. This was not enough and,
as all other means for getting money
had failed. Vice President Houston telephoned to tbe bank to suspend business and send the receivership papers
to court.
Consternation Prevailed.
In an incredibly short time the story
was on the street and created great
consternation. Hundreds of persons
gatuered about the building clamoring
for information and the crowd grew so
great that a detail of police was sent
for to clear the street. There was no
disorder. Tbe application for the receiver says that the company has a
paid up capital of $1,500,000, an apparent surplus of an equal amount and deposits of about $10,000,000.
The assets consist of real estate ln
Philadelphia loans upon collateral upon
demand and In time and other securities.
Reported Falsely.
"President Hippie," the application
says, "by false reports to the directors
of the loans made by him, brought
about by the condition of the company
which was flrst discovered by the officers of the bank subsequent to the
deatb of the. president."
Tbe court then appointed Mr. 'Earl
receiver and he entered security to the
amount of $1,000,000.
After his appointment Mr. Earle held
a lengthy conference with the directors
and officers of the company, when the
receiver was put in possession ot the
condition of the company so far as the
officials of the concern eould inform
him. At the close of the conference
Mr. Earle made the following statement:
"Whilst I appreciate the danger- of
making statements until I have made
a more thorough examination, I think
it my duty to state that in my effort to
keep this institution open (an effort
made for public reasons, as I had no
private interests therein) I have necessarily ascertained a great deal concerning its condition.
Company May Be Solvent.
"This knowledge brought me to the
conclusion that the company sbould
not be permitted to fail, And that
conclusion still is so strong with me
that I believe, although lt may be
against my own interests, that the receivership should Hot be continued any
great length of time. It is my hope
that go soon as I may verify my present beliefs. I can recommend a p'ian to
the depositors that will better serve
their    interests    and  ' terminate    my
LBEE
SUSPENDING  ENLISTMENT
OF GOVERNMENT SOLDIERS.
MR. HEAflST TALKS
HE 18 NOT AN AVOWED CANDI.
DATE AT PRESENT.
THE
CONGRESSIONAL
FKM.T
As Viewed by Sound Thinking Speaker—Sibley   Coining   Into   Pennsylvania Campaign Against pinery.
(.Continued on Seventh Page.-]
LAKE PLACID, N. Y., Aug. 28.—
"But I haven't the presidential bee,
my boy, remember • that. Yes, my
friends out in Illinois were very kind
in indorsing me and some nice bouquets have been thrown at me from
other parts of the country. It was not
the indorsement so much I valued as
it was the spirit that prompted it. Oi
course I appreciate that, but remember
the bee is not buzzing around my bonnet."
Thus spoke "Uncle Joe" Cannon,
speaker of the national house of
representatives, an he stood upon
the veranda of the Stevens house
here today, admiring as muoh of
the view of this beautiful Adirondack
country as a drizzling rain would permit. He oame here with Representative Joseph C. Sibley of Franklin, Pa.,
whose guest he is at Valcour, Mr. Bin-
ley's summer home on Lake Champlain.
Mr. and Mrs. Sibley brought over In
a private car the following party:
Speaker Cannon and Miss Helen Cannon, Mr, and Mrs. W. McC. Wilson, Mr.
Sibley's daughter and son-in-law, Mv.
Frederick Miller, Miss Metta S. Miller,
and Mrs. C. J. S. Miller, all of Franklin.
They took lunch here and returned to
Valcour in the afternoon.
Speaker Cannon was looking in the
pink of condition and his 70 years sat
lightly upon his shoulders as be
strolled along the veranda, shaking
hands with many of the guests -who
took advantage of the opportunity to
pay their respects to the man who
wields such a large Influence in the
government.
Much Can Happen in Two Years.
"You knew," continued the speaker,
"it's a long time until the Republican
candidate for president will be chosen,
nearly two years. Much can happen iii.
that time. It'is useless to talk about
candidates this far in advance and yet"
—and Uncle Joe gazed thoughtfully at
the mist-covered mountains—"and yet
who knows wbat the time and occasion
may bring forth? But remember, my
boy, remember I haven't got tbe bee.
I swear te you I haven't."
Ami from surface indications Uncle
Joe was telling his innermost .hougiH'a
A presidential ambition in most case-
produces a supernatural geniality
which at times develops into'-'hilarily.
Then tbere are deep thoughtful moods
supposed to reflect intellectually.
Speaker Cannon has none of these
symptoms. He is just plain, old-fashioned, good-natured "Uncle Joe."
"What do you think of thb prospects'
of electing a Republican bouse this'
fall?" he was asked.
"I think the prospects are good," he
replied. "Now take your state of Pennsylvania; surely Pennsylvania will return a big Republican delegation to
congress. Sbe cannot afford to falter
at this time. I understand that you
ihave a fafctiona'l fight there this fall,
but will the people of Pennsylvania
permit factional differences to give the
Democrats the congressional delegation7 I think not. Your state cannot,
afford to sacrifice her leadership ln the
government. It is a great state and
wields a tremendous influence In national affairs. Will her citizens consent
to reducing that influence?
All Four Are Oood Men.
"I am pleased to learn that Dalzell,
Graham, Burke and Barchfleld have no
opposition in their own party. They
are good men and I hope they will he
re-elected. The nation and the party
need men like them. Then up here in
New York state, things are looking
good for the' election of Republican
members of congress and out ln Iowa
the situation has simmered down so
that it looks good from our standpoint.
Taking everything into consideration
the country over, I think the prospects
for sUccess are excellent."
Speaker Cannon leaves early next
week, for Maine, wbere he will take
part in the re-election of Representative Littlefield, who is one of the congressmen marked for 'slaughter by
Samuel Gompers and his associates.
"Unele Joe" himself, is on the blacklist of these men and when he goes up
into Maine and from there into other
states including Pennsylvania, he will
take up the issue that Gompers has
raised and argue it out with the people.'
"I propose to lay the question before
the voters," said he. "I will fight on
the questions raised by Mr. Gompers
and his friends. In doing so I will not
attack organized labor, for organized
labor is a necessity in oar country, but
I will attack the proposition to pass an
anti-injunction bill. This ls the issue
that has caused these labor leaders td
put me and' other candidates on the
blacklist. Tbey demand of congress
the passage of-a bill taking away tbe
right of injunction. Do you believe the
people of this country are willing to
surrender this legal right which has
come down to them from the past and
which has proven such a safeguard to
persona} liberty? Do you think the
citizens of the United States when they
fully understand these questions will
agree to the proposition of Mr. Gompers whether they belong to a labor organization or not I don't believe they
will.
Not Againat Organized Labor.
"I am not opposed to organized
labor. I will not be placed in the attitude of fighting labor .organizations,
but I am opposed to the anti-injunction
bill and to the surrender of this very
important right, the right of injunction.   To do away with it would mean
Offer of Amnesty May Bring the Dissenters Into Camp.
HAVANA, Aug. -28.—The enlistment
ol volunteers by tbe government bas
been suspended until the effect of
President Palma's offer of amnesty to
the insurgents can be'determined.
At the palace confidence is felt that
the .great body of rebels, who have
been carried away with the ideas tbat
they were to have a conspicuous part
tn tile overthrow of the Palma administration, will seize the present opportunity to return to lawful pursuits
rather than jeopardise their liberty by
further supporting what the government characterizes as a hopeless
cause.
Senator Dolse, the Moderate leader,
following his conference with President Palma, declared early today that
with the exception of Pino Guerra all
tbe insurgent leaders were prepared to
disband their men if assured of Immunity. Guerra is yet to be reckoned
| with. If seemingly reliable. reports
can be credited he has with him a formidable body of men, but his recent
Inactivity leaves the Impression that
he desires rather to make a display of
force than to do any serious fighting.
Investigation shows that the statement made by Senator Dolse, a leader
of the Moderate party, at the conclusion of a conference with President
Palma at midnight, to tbe effect that
practically all the Insurgent leaders of
consequence except Pino Guerra had
signified their willingness to disband
their men, If all were positively guaranteed immunity for their insurrectionary acts, was an exaggeration, but'
the impression ls very general today
that the insurgents, with tbe exception of Pino Guerra, will shortly lay
down their arms. In the meantime, it
is asserted, all recruiting will cease.
Ex-Congressman Carlos Mendieta,
leader of the.insurgents in Santa Clara
province, who was . arrested Aug. 2S.
at the city of Santa Clara, and Colonel
Aranda, wh'o was arrested with Mendieta, were brought to Havana early this
morning. * ■
DICK ANSWERS' BURTON.
STRONG RETORT IN LINE WITH
SENATOR FORAKER'S.
Now That the Issue Is Squarely Placed
the Ohio Senators Muat Fight—He
Stands  by the   President.
AKRON, O., .Aug. 28.—Following the
statement given out by Senator Foraker at Wasblngton Sunday nigbt on
the issues of indorsement of the Ohio
senators by the Republican state convention and other matters, Senator
pick gave out a statement today. Botb
Si^tne statements also follow "tive- aid-
dress of Harry M. Daugherty, former
chairman of the Republican state committee at'Cleveland last Saturday, in
which he urged the retirement of Senator Dick as chairman of the state exeoutive committee and a less cordial
Indorsement of Senators Foraker and
Dick than of President Roosevelt by
the state convention.
Dick's Statement.
Senator Dick in his statement says:
"Personally, no one can regret more
than I any antagonism or opposition
toward the Ohio state senators and
their friends.
"Politically, I am satisfied to know
that.whatever opposition there may be
has at last found a responsible head.
"Every congressman, every state officer, every candidate, has publicly repudiated this opposition. It has looked
long and diligently for a nurse; has
sought far and wide to establish its
paternity; but until last Saturday,
when it was publicly adopted, It has
gone about like an orphan or waif„
seeking both sustenance and a patron.
Looks to President.
"This is not the first experience of
the kind. Ohio Republicans had to decide a like controversy some ten years
ago. At that time Senator Hanna was
denounced by some as a "red-necked
boas," President McKinley was called
a "jelly fish" and Judge Nash "a man
without a backbone." All these men,
however, survived the taunts and insults of tbeir enemies and were sustained throughout by loyal Ohio Republicans.
"If the Ohio senators were disposed,
for any reason, to retire from the conflict, they could not do so now. They
owe It to tbeir friends over the entire
state, as well as to themselves, to fight
this matter to a finish.
"In this contest their friends will be
found on one side and their enemies
on the other. In the controversy, however, the national administration is not
Involved,. since no one oppposes a
strong and emphatic ' indorsement of
tbe President. The whole situation has
shifted to one of opposition .to the
Ohio senators and the present party
organization. At the coming state convention all delegates participating must
decide these matters.
"The Ohio senators differed from
each other on several Important measures before before the senate, including
the statehood bill, the Philippine tariff
bill, the type of inter-oceanic canal
and the railroad rate bill; but on m .ny
other measures tbey were agreed. The
fact that we entertained different convictions never for one moment lessened
my respect for my colleague, never
lowered my high regard for him as a
man and never invited a doubt of his
loyalty to his party or his devotion to
his country. I know of no reason,
therefore, why he sbould not receive
strong commendation from those whom
he so ably served."
[Continued on Second Page.]
GOING TO FRONT.
HAVANA, Aug. 28.—Three hundred
veterans. Infantry and cavalry, commanded by General Francisco Pereza,
started for Batabano this afternoon to
cover that district. General Bernabe
Boza, commanding 100 prominent veterans, most of whom served on the
■staff of the famous Maximo Gomez,
started this evening for Pinar Del Rio
by special train.
HE   18   NOT   DEMOCRATIC   CANDIDATE FOR QOVERNOR.
SOME SARCASM FOR MR. JEROME.
His Ralations With Bryan Are Alleged
to    Be    Friendly—Laughs    at   the
Friendship of Tammany Hall.
NEW! YORK, Aug. 28.—'William
Randolph Hearst said today in the
course of an interview that he would
not be a candidate for governor at the
next election on the Democratio ticket.
Mr. Hearst was asked, "Would you
accept the nomination of the Democrats to run for governor?
Not a Democrat?
Mr. Hearst replied: "No, I shall
run only as tbe nominee of the Independence League. I have said that before and I wish to emphasise it. Of
course I should be glad of all the Democratic votes that I could get. The
fact that I was the Independence
League candidate .would not prevent
me from accepting tne support of thoso
Democrats who wished to support and
vote for me."
"What do you think of the candidacy of Mr., Jerome for the office of
governor Ot New York?" he was asked.
"I think Jerome is doing what he is
told to do by the representatives of the
interests which contributed to his last
campaign fund and to which he is under obligation," was tbe reply. "The
object of the men wbo control Jerome
is to create a diversion so that there
will not be a crystallization of public
sentiment as to the real issue. The
real issue, as I see it, is politics without boss control tbrough corrupt force.
The question ls whether the people
shall control politics independent of
the dictation of corporations coming
through criminal bosses.
Alleges  Insincerity.
"It seems to me that Mr. Jerome's
course shows plainly that he is more
anxious to satisfy Ihe bosses than he
is to serve the people. I think his
candidacy is insincere as well as somewhat foolish."
"Do you think it possible that Mr.
Jerome will be nominated by the Democrats for governor?"
"If Ryan and Belmont control the
Democratic oonvention I consider it
not only possible but probable that Mr*
Jerome will be the Democratic nominee."
Mr. Hearst was then asked concerning the statements of C. F. Murphy,
leader of Tammany Hall, to the effect
that Mr. Murpby was supporting him.
"I do not believe Murphy is supporting me now," said Mr. Hearst, "nor do
-"'believe-that -he" woitM-suppont trre at
any. critical' point. It has amused me
greatly when such men as' Murphy,
McCarren and Sullivan have'come out
as my supporters. They have not
meant what they said. There have
been many stories as to my alleged
affiliations With Murphy, but I have denied them publicly.
"The object of these bosses in saying
that they were supporting me has
heen, I believe.*to affect primary voting and to confuse men who are really
on my side. The primary principle of
the Independence League, of which I
am a member, Is the destruction of
bosses and bossism and I cannot, see
how such men as Murphy can really be
out for my support. It is also true
that wben a man goes after the scalp
of another he does not often get the
support of the pursued."
Friendly to Bryan.
"Is there any truth in the report, Mr.
Hearst, that there is a -coolness between you and Mr. Bryan, because of
the fact that you may be a presidential
candidate in 1908?"
Mr. Hearst laughed. "Not the slightest truth," he said. "The secret of my
attitude toward the Bryan reception
can be explained very simply," continued Mr. Hearst.
"I am a member of the Independence
League, Wu.cb represents both Democrats and Republicans, r feel that
officially I should take no part ln this
Bryan matter. I feel 'that lt might not
be proper for me to take official action
wbich would ally the league with the
Bryan movement. .
"I will say, however, that I intend to
pay a visit lo Mr. Bryan ln my private
capacity and also to attend, the meeting. I will do these things on the
grounds that I am a free American
who can do as he pleases.
No Coolness, He Says.
"As to the story that there is a coolness between myself and Mr. Bryan I
will say there is none, unless Mr.
Bryan has changed his mind since he
left Europe. I wiU go further and aay
that he sent me a letter of congratulation on my run for the mayoralty and
if there is a coolness it began since
the date of that letter."
John B. Stanchfleld, who was the
Democratic candidate for governor in
1800, declared today that Hearst would
be nominated by the Buffalo convention if the New York-delegation should
be for him.
"New York county will hold the balance of power in the state conveptlon,"
he said. "If New York is for Hearst
tbe convention will undoubtedly nominate him. But if New York is against
him lt is equally certain ln my opinion
that the convention .will chance another candidate."
PRE8IOENT SILENT ON CUBA.
OYSTER BAY. N. Y., Aug. 28.—In
view of public statements th*t President Roosevelt had made known his intended policy toward Cuba, in the present revolution tn that Island, Secretary
Loeb said today that such statement
were entirely* without foundation as
the President has Indicated to no one
any determination in the matter.- «
NOTIFICATIONS OVER.
FU8ION   CANDIDATES   IN   CENTER
OF THE 8TAGE.
Mr. Emery Made Speeoh—Many State
Politicians Wera Present and Participated In Notification.
PITTSBURG, Aug. 28.—In the presence of a gathering that filled the
Nixon theatre the meeting to notify
Lewis Emery, Jr., and the three other
state candidates of their nominations
at the hands of the Democratic and
Lincoln parties was held here today
with much enthusiasm. Many men
prominent in state politics occupied
chairs in the body of the house. The
meeting.was called to order by Harry
S. Paul, chairman of the Lincoln party
of Allegheny county, who presented
Mayor Oeorge W. Guthrie as the presiding officii-.
Quthrie Presided.
The mayor .immediately began a
characteristic speech, in which he
pledged his support of Emery, and .the
[ljalawee -of- the fusion ticket in the
state. Those WHO received their formal notification were:
For Governor—Lewis Emery, Jr.,
McKean.
For Lieutenant Governor—Jeremiah
S. Black of York.
For Auditor General—William T.
Creasy'of Columbia. -
For Secretary. of Internal Affairs—
Jobn J. Green of Philadelphia.
After welcoming the members of tbe
committee of notification Mayor Guthrie presented former Judge James Gay
Gordon of Philadelphia, who made the
formal speech of notification. Vivian
F. Gable m&de tbe speech of notification for the Lincoln party. Mr. Emery
then made bis formal acceptance ot
the nomination.
After speeches from the other nominees on the ticket the meeting was
brought to a close with an address by
Rudolph Blankenbury of Philadelphia.
Quite a gathering of Democrats and
Lincoln party men assembled at the
various hotels early In the day. The
principal headquarters were at the
Fort Pitt hotel. A joint meeting of
the executive committees of. the Democratic and Lincoln parties was held at
that hotel this morning for the purpose of discussing ways and means for
managing the campaign. The meeting
was presided over by Charles Donnelly, chairman of the Democratic state
committee.
President, 9 P
JOHN FERTIG.   | 'ill
Vice President,
W. 3. STEPHENS.
ESTABLISHED 1865
Cashier,
F. C. WHEELER.
TITUSVILLE, PENN'A.
Capital   -   -   $300,000.00
Surplus -   -   $200,000.00
Total Resources Over TWO MILLION DOLLARS.
We have the most complete banking facilities for meeting the requirements of
all classes of people.
LARGE RESOURCES.
SAVINGS DEPARTMENT.
SAFE DEPOSIT VAULTS.
FOREIGN EXCHANGE DEPT.
INTEREST ALLOWED on TIME DEPOSITS
Honey Loaned at 5 Per Cent, on
Approved Marketable Collateral.
SAFETY THE BEST POUCY ■
DIRECTORS
John Fertlg,
Louis K. Hyde,
B. F. Kraffert,
John L. McKinney,
William Bayliss,
John L. Emerson,
W. J. Stephens,
W. C. Warner,
Samuel Orumbine.