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CLEVELAND NEWSPAPER DIGEST JAN. 1 TO DEC. 31, 1874

Abstract 239

AWARDS & CLAIMS (Cont'd)

239 L Aug. 29:7/3 - In the case of the city versus L. H. Fowler, et al, fixing the value of the property appropriated in the opening and extension of Lincoln ave., it has been decreed that the following awards shall be made: L. H. Fowler, $8,212.75; Aldew Starr, $4,308.96; Marion Parmeley, $474.30. The total amount of the nine awards is $23, 222.60.

In the case of the city versus Patrick Gannon, et al, fixing the amount for the damages resulting in the opening and extending of Hemlock st. from Mulberry st., it has been decreed that Patrick Gannon shall receive $400 and S. and H. Hendicker shall receive $2,500.

See also Damage Suits

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CLEVELAND NEWSPAPER DIGEST JAN. 1 TO DEC. 31, 1874 Abstracts 240 - 245

BAGS & SACKS

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240 L July 27; adv:2/5 - Cleveland linseed oil works have a large lot of gunney and other bags for sale at 17-25g, Griswold and Dunham.

241 L May 6; ed: 4/2,3 It is a fact recognized among ornithologists, that the birds of North America are far behind those of Europe in respect to the power of continuous song; also that we have very few song birds here. "To every person capable of enjoying the music of singing birds, the destruction of a songster is murder. We should at least protect from wanton destruction such as are native to our state."

BANKRUPTCIES

Laws

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242 L Feb. 9; ed: 4/3 - Scott of Warren county introduced a bill providing in substance that tools or implements necessary to the carrying on of business may be reserved to the extent of $100. These tools shall be exempt from execution or sale for any debt, damages, fire, or assessments.

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Poe, the only Democratic representative from Cuyahoga, voted against the exemption, and yet Fehrenbatch assured the working men of this city that the Democratic party was their one faithful unswerving friend, which, when in power, would give them the needed legislation long denied them by Republicanism. (9)

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243 L Feb. 12; ed: 4/2,3 - After a debate and considerable altercation, the Senate passed the bankrupt act, providing that within 40 days of the time within which any banker, broker, merchant, tradesman, manufacturer, or miner has stopped payment of his commercial paper, he shall not be deemed bankrupt. The act also prescribes that commissions, charges and allowances, excepting actual and necessary disbursements, made by the officer, agent, marshal, etc. shall be reduced to one-half the allowance heretofore provided for. Cases under $50 require one-fourth of the number of creditors and one-third of the amount of debts to force a person into bankruptcy. It is hoped that speedy action will be taken one way or another to relieve the business interests of the country of the demoralizing suspense in which they have been kept by tardy congressmen.

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244 L Mar. 6; ed: 4/1 - The House committee agreed wholeheartedly with the Senate amendment to the bankrupt law, so it becomes probable that all tedious legislation will fall to the ground. Important interests are awaiting the final settlement of the bankrupt law. "Franking privileges it is hoped are now finally squelched."

BANKS & BANKING

245 L Jan. 1; adv:2/5

Citizens Savings & Loan Association
Foot of Superior St. Atwater building.
Savings Capital One Million
Security of Two Million.

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CLEVELAND NEWSPAPER DIGEST JAN. 1 TO DEC. 31, 1874

Abstracts 246 - 252

BANKS & BANKING (Cont'd)

246 - L Jan. 1:7/1 - At a meeting of prominent citizens of the Iron ward it was decided to establish a bank for the convenience of business and working men.

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247 L Jan. 8:5/3 It is the opinion of many experts that the recent
panic is but the first of a series of financial shocks which we are des-
tined to suffer. It is now whispered that our next difficulty will be
our banks. It would be well for both government agents and stockholders
of the various banks to insist on a thorough examination of the assets to
ascertain if there is any ground for the rumors which are now current to
a painful extent.

248 L Jan. 9; ed: 4/2 Governor Dix is pursuaded that more safeguards should be thrown about the $314,000,000 deposited in New York savings banks and recommends that the laws be amended, preventing any directors or officers of savings banks being officers of discount banks, and suggests that the amount of deposit by any one person should be limited, so as to prevent capitalists from using these institutions. "This is a matter that ought to be looked into, but we doubt whether it will receive any especial attention so long as there are more profitable subjects for the legislature."

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249 L Jan. 12; ed: 4/1 - Governor Hartranft, as well as Governor Dix, recommends additional safeguards for saving bank deposits. The legislatures of both New York and Pennsylvania are already acting upon these suggestions. "Is the law of Ohio upon this subject perfect without a chance for improvement?"

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250 L Mar. 27:7/1 The South Cleveland Banking company has established a new office in the Cleveland and Newburgh Railroad block.

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251 L July 3:8/2 Amasa Stone resigned as president of the Second National bank. Hiram Garretson, Esq., was elected to fill the vacancy.

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Failures

252 L Feb. 13; ed: 4/1 - The affairs of the First National bank of Washington, will be investigated by the House of Representatives. If all the things said of it when it closed its affairs, amid the ruins of Jay Cooke's fortunes, were true, the moral of its example should not be lost on other national banks which may be tempted to make large loans to favored custom

If the First National bank of Washington was a member of the district ring, let that fact be known. The truth is what is wanted. (3)

CLEVELAND NEWSPAPER DIGEST JAN. 1 TO DEC. 31. 1874

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253 L May 6; ed: 4/2 "The light shed by the panic upon the manner in which funds were used by the officers of banking institutions has often aroused the inquiry whether depositors in such institutions have any right which should be respected. In numberless instances, uncurbed speculation has consumed not only bank capital but the well earned, carefully saved money of the depositors."

Most probably the failure of the Freedmen's Savings and Trust Co. would have been recorded last week, had not the authorities refused to meet the demands of the depositors, except on several months' notice of withdrawal. This institution, with its 33 branches, has about 70,000 depositors. Nearly 90 per cent of them are freedmen, and all are depositors of small sums.

"Whether it weathers the storm eventually, depends much on the exer-tion of the trustees, and this leaves hope hanging by a very slender thread."

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254 L May 13; ed: 4/2 The facts exposed by the investigation of the affairs of the Freedmen's Savings and Trust co. have already given birth to a bill to amend its charter.

"The object of this bill is to secure all available funds for the remuneration of the depositors of a corporation which has been strangled by its trustees."

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See also Bankruptcies

BEGGING & BEGGARS

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255 L Feb. 13; ed: 8/2 - People passing up and down Superior ave. during the cold weather the past few weeks, have had occasion to notice a sad little girl leaning on a crutch and holding in her hand a tin cup, in which passersby deposited money. Behind the child an old women ground out doleful music from a wheezing hand organ.

The job superintendent of the Bethel relief association determined to visit them, and help them if he found them worthy. He found they boarded at an Italian boarding house at 332 St. Clair st. In the house he found some 40 or 50 Italians.

It requires no imagination to conceive the future of children brought up to spend their days in public beggary and their nights in Italian dens. Measures introduced by Dr. Horton for caring for such children will be of public good, and we earnestly hope that the council will act upon the question and show its humanity in a practical manner.

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256 L July 8:8/2 - Joseph Rapher, a beggar, created a disturbance in the vicinity of Bolivar st. yesterday by demanding food from housewives. He flashed a long knife in their faces. He was arrested and taken to the central police station, where a quantity of allegedly stolen goods was found on his person.

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CLEVELAND NEWSPAPER DIGEST JAN. 1 TO DEC. 31, 1874

Abstracts 257 - 261

BEGGING & BEGGARS (Cont'd)

257 L July 10; ed: 4/2

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Superintendent Schmitt is asked to look into the matter of a woman who plays a hand organ on the corner of Superior and Park sts., with an infant in her arms. From the appearance of the sleeping child, it has been drugged for the purpose of exciting sympathy from passersby. The woman should be arrested and the infant taken from

her.

"Wanted a society for the prevention of cruelty to infants.'

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258 - L July 28:7/4 In a letter to the editor, "Humanity" says: ticed in the LEADER a few days since an editorial called a "Society for Prevention of Cruelty to Infants," and citing as an example a female organ grinder who daily frequents the corners of our most populous streets with a small child which she exposes to sharpen the sympathies of the generously disposed. Will not Superintendent Schmitt give this his personal attention?

259

L Aug. 6; ed:7/4 - In a letter to the editor, "Citizen" says: "Since you are not afraid to undertake all classes of investigation for the public good there is one class of nuisance I would call attention to that needs abating, and that is the class of beggars and peddlers that go from house to house when the women are alone and imposing their impudence to such a degree as to intimidate the inmates."

See also Vagrancy & Vagrants

BEQUESTS. See Wills & Bequests

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260 L Jan. 23; ed: 4/3 There prevails in this country and in Europe a curious apprehension as to the blue laws said to have been enacted in Connecticut by Puritan settlers in early times. They have been referred to to illustrate intolerance, and to disparage the Puritan character that the belief in their existence generally obtains. Samuel Peters publishes a book in which he portrays the Puritan character from his own standpoint, together with the list of laws and regulations, known as the blue laws. No one has ever been able to find among the records of the colony or state any compilation that could be tortured into any resemblance to Peters' lying publication.

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261 L Apr. 21; ed: 4/2 Among the other enactments repealed by the new council of Cincinnati in connection with the Sunday laws was one suppressing ten pin alleys. Now the free and glorious Democracy has got the reins in its hands and at the first meeting of the council repeals the restraining ordinance. The fun will now go on again.

"Set 'em up on the other alley."

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