The president of the Real Estate Trust Company, of which Houston was a board member, committed suicide. It turned out that he had been lending money -- 5 million worth of 1906 dollars -- to a promoter of dubious projects including a constructed but non-operating sugar plant. The bank was forced to close its doors temporarily but reopened two months later thanks in no small part to the fact that the board subscribed $2.5 million of their personal wealth to put the bank back in operation.
Hipple was a man of uncompromising morals, once taking a cashier into his office to pray when he discovered the man had gambled. He would not ride a motorized vehicle on Sunday.
The coroner who signed the death certificate listed "cerebral hemorrhage" as the cause of death hoping to avoid paining the family further, and to prevent a run on the bank. Hipple was found by his wife in the bath.
Father of Frank Wharton Hipple, who had been a clerk in the company, who was blamed by the public as the recipient of his father's inheritance, believed to contain monies stolen from the bank.
Father's Birthplace: Pennsylvania
Mother's Birthplace: Pennsylvania
Spouse's Name: Sarah L
Marriage Year: 1868
The president of the Real Estate Trust Company, of which Houston was a board member, committed suicide. It turned out that he had been lending money -- 5 million worth of 1906 dollars -- to a promoter of dubious projects including a constructed but non-operating sugar plant. The bank was forced to close its doors temporarily but reopened two months later thanks in no small part to the fact that the board subscribed $2.5 million of their personal wealth to put the bank back in operation.
Hipple was a man of uncompromising morals, once taking a cashier into his office to pray when he discovered the man had gambled. He would not ride a motorized vehicle on Sunday.
The coroner who signed the death certificate listed "cerebral hemorrhage" as the cause of death hoping to avoid paining the family further, and to prevent a run on the bank. Hipple was found by his wife in the bath.
Father of Frank Wharton Hipple, who had been a clerk in the company, who was blamed by the public as the recipient of his father's inheritance, believed to contain monies stolen from the bank.
Father's Birthplace: Pennsylvania
Mother's Birthplace: Pennsylvania
Spouse's Name: Sarah L
Marriage Year: 1868
Gravesite Details
, Ref: Cemetery Records
Family Members
Sponsored by Ancestry
Advertisement
Advertisement