1912–13 Volume 37 No 1–5 - Phi Delta Theta Scroll Archive

466 THE SCROLLWILLIS PERCIVAL KING, MISSOURI, '86Willis p. King, for several years a newspaper writer in KansasCity, died of apoplexy at 3 o'clock the morning of March 25, 1913at his home, 3031 Wabash Avenue. He was 47 years old. Burialwas in Nevada, Mo., beside the grave of his wife, who died one yearafter marriage, twenty years ago.Mr. King was a son of Dr. Willis P. King, for many years chiefsurgeon of the Missouri Pacific Railway. He studied law, but gaveup the practice of that profession to become a newspaper man. Hewas in Cuba as a correspondent during the Spanish-American War.-He is survived by a son, Spencer T. King, who is eighteen years old;and three brothers, Albert King, also a newspaper man; Granville S.King, a railroad man of Parsons, Kan., and Robert E. King, who iswith the board of public works at the city hall.—Kansas City Star,March 25, 1913.•JOHN WILLIAM McDONALD, WABASH, "73John William McDonald, was born in Beardstown, 111., in 1853.After leaving college he was with the Rogers Shoe ManufacturingCo., in Cincinnati. Subsequently he engaged in fruit farming in California.In 1886 he moved to Lincoln, Neb., his home for the rest ofhis successful life.Brother McDonald became an organizer and active manager ofinvestment companies acting as the confidential agent of several easternfinancial institutions in placing western loans. In the panic of1893 he made his reputation by rising to meet a succession of crisesthrough which he backed the integrity of over $3,000,000 of loans,placed by his firm. Upon his death press comments especially emphasizedhis optimistic views with regard to the future of the West.It was mainly this trait which led to his unusual success.Mr. McDonald was a stockholder and director of the First NationalBank of Lincoln, aivd vice-president of the City NationalBank. For several years he was president of the Lincoln TractionCompany, operators of the city and interurban street car lines. Hewas president of the Lincoln Commercial Club, a member of theUnion League Club of Chicago, and of Capitol City Lodge, A. 0.U. W of Lincoln.Charles G. Dawes former Comptroller of the Currency in a tributeto the memory of his life long friend, told of our brother's influenceon the financial system of the nation.Upon entering the office of Comptroller of the Currency, I felt that thedepartment method of handling assets of the insolvent national banks shouldbe reorganized. The assets of these banks which were being administeredthrough receivers amounted to more than $50,000,000. As a personal favorMr. McDonald consented to give me the benefit of his business experience and hespent several months in Washington on the work. The saving to the creditorsof the insolvent national banks, due to his methods of administering the assetswas estimated at $1,500,000 per annum. As receiver of the German National