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Bank Failure and Attempted Suicide
Aberdeen, Miss., March 20 - The rash act of Mr. JACOB GATMAN, who stands at the head of the banking house of Gatman & Co. in attempting on Sunday morning to commit suicide, was followed by depositors attaching the bank and all the property, real and personal, belonging to the members of the firm for more than once hundred thousand dollars. A large number of depositors, having faith in the solvency of the institution, refused to take attachments.
The sheriff has been in charge since Sunday morning, but not having the combination to the vault, and being unable to get it, it is not known yet what it contains.
From the best information the liabilities will reach $225,000. The situation assumed a new phase this evening when MR. GATMAN made a formal assignment, appointing B. C. SIMS assignee. Mr. MEYER GATMAN, the cashier, is and has been absent since Wednesday, his whereabouts being unknown. The embarrassment of the bank is the result of speculation in cotton. The firm has enjoyed the utmost confidence of the whole community and much sympathy has been felt and expressed for all connected with the bank, and especially for Mr. JACOB GATTMAN, who has for forty years been one of our most useful and trusted citizens. B. C. SIMS, a prominent grocery merchant, has just closed his doors, and Judge J. M. ACKER has been appointed receiver.
New York, March 20 - Judge Barrett, of the Supreme Court, has granted two attachments against property in this city of Gattman & Co., bankers of Aberdeen, Miss., one in favor of Lehaman, Stearn & Co., for $10,000 on a promissory note, and the other in favor of the Louisville Banking Company for a $20,000 bill of exchange.
Marion Herald - Marion County AL - march 29, 1888 - transcribed and submitted by Veneta McKinney
Opera House Burns
Special to The Times-Picayune.
Aberdeen, Miss., Dec. 18 - Fire almost destroyed the Temple Opera House this afternoon, when it was discovered the entire top of the cupola was in flames and it was some time before the firemen could get iy under control. The property is owned by Eugene Lanier Sykes, and was rented to W. W. Wilman, who runs a motion picture show on the second floor. S. Cunningham, wholesale grocer, and J. B. Elixson, dry goods merchant, occupy the first floor, and their stock of goods was badly damaged by water. It is thought that the fire was caused from a defective flue. All property is fully covered by insurance. [The Time Picayune, New Orleans, LA - December 19, 1914]