Leadore State Bank (Leadore, ID)

Episode Information

Episode UID
4487276191359
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
448727619 hash
Start Date
March 29, 1913
Location
Leadore, Idaho (44.680, -113.358)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3988620f1a02b47e

Response Measures

None

Events (2)

1. March 29, 1913 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closed by state bank commissioner after cashier alleged to have made false returns and later charged with embezzlement.
Newspaper Excerpt
The Leadore bank was closed by the state bank commissioner March 29.
Source
newspapers
2. May 1, 1913 Receivership
Newspaper Excerpt
the bank has been placed in the hands of a receiver by Judge Stevens, on application of the state bank examiner.
Source
newspapers

Newspaper Articles (7)

Article from The Blackfoot Optimist, May 1, 1913

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Banker Arrested W. W. Lottridge, cashier of the Leadore State bank, has been arrested, charged with making falso returns of the bank's condition, and the bank has been placed in the hands of a receiver by Judge Stevens, on application of the state bank examiner. It is believed the depositors will be paid in full, but the stockholders may stand to lose a little.


Article from The Salt Lake Tribune, May 29, 1913

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CASHIER IS HELD. Face District Court on Charge of Falsifying His Records. to The Tribune. ON CITY, Idaho, May 28.-The of the charge against W. W. Lotformer cashier of the Leadore bank, accused of making a false ent of the bank's resources to the nk commissioner. took place bege McCracken this week and reIn Lottridge being held to answer district court. Evidence was givR. B. Herndon. the receiver of the bank, and Gllbert Yearian, vice nt. County Attorney G. Padgham ttorney A. C, Cherry represented de while Attorneys Cowen and mb appeared for the defendant. Ishon WRS found guilty of cruelty als and fined $100 and coste by on McCracken. that the Leesburg McMahon road and 1s a it stage was A animal horse. he had had The cruelly fallen defendant In beaten the snow and alleged inge of the road and had cut and on himself on rocky ground. An as been taken to the district ap-


Article from The Idaho Republican, October 24, 1913

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CASHIER STILL IN TROUBLE. Banker of Leadore Wins One Case in Court, But is Rearrested. W. W. Lootridge, cashier of the defunct Leadore State bank, gained a brief respite when the case brought against him for making false reports to the state bank commissioner's department was non-suited in district court of Lemhi county Saturday. Mr. Lootridge was immediately rearrested on a cahrge of embezzelment, and his preliminary hearing was set for next Saturday. Information regarding the Leadore case was received by State Bank Commissionr Reid Thursday evening from his deputy. A. A. Record. who was summoned as a witness for the state. The grounds on which the case was non-suited have not been learned here. The Leadore bank was closed by the state bank commissioner March 29. Roy B. Herndon was appointed receiver for the institution.


Article from The Idaho Recorder, February 19, 1914

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The Guild will [meet with Mr. 18 '97 February PIA Mr. and Mrs. G B. Quarles entertained a number of their friends at a six o'clock dinner last Saturday evening. J. S Johnson was a passenger for Armstead Tuesday morning. He went out to meet Mrs. Johnson and HSTA B more Services O/R 04 M 'sqeq with relatives at Dayton, Ohio. The Eastern Star held a very pleas. ant meeting Tuesday evening At the close of the business session a nice luncheon was served and a pleasant social time enjoyed. Mr. Goodheart, of Weiser, has been in the city for the past week. He is the Grand Instructor of the Masonic bodies and has been giving Instruetion to the members of the Salmon lodge. Although search has been made for the body of George Swith, who was drowned last week in the Salmon river, no trace of it has been found, and it is not probable that It will until the ice is gone from the river. Mrs. Emma Yearian came down from her home at Lemhi Friday to attend to business matters and visit with relatives and triends in Salmon over Sunday. She attended the masquerade ball given by the married folks club last Friday evening. T. L Lee and wife. of Leadore, parents of Loy H. Lee, the Leadore merchant, spent several days in Salmon this week looking the place over 'sn Shome 10 mean E They returned to Leadore this, Thursday, morning. H. M. Shaw received word the first of the week of the serious illness of his mother, who resides at Louisville, Kentuky. Mrs. Shaw visited Salmon a couple of years ago and made many friends ho will regret to hear of her fillness and hope for her early recovery. Chas. Shultz. who has a lease on the U. P. mine, was an overnight visitor in Salaion Monday. lie is very much pleased with the outlook of the mine and thinks [there is no question whatever ab est the future prrospects of the mine since they have discoveredd such rich ore recently ino peddius SPM shoq 10 10ad JED V from this plice last Thursd y morn10 dn apem SEM II Porticud 01 801 hogs from the W. H. Mulkey, Eddie Edwards and Curtis Moore ranches. These are said to have been the finest bunch of hogs ever sent out from this place and without doubt will command the tup of the market. Roy B. Herndon, went out to Hoise Tuesday morning. Mr. Herodon went to B ise to make his report to the State Bank Commissioner as Receiver of the Leadore bank. and tender his resignation to that cial, which is necessary before be takes up the position of postmaster of the local office. Wh le in Bolse ne will also resign from the lower house of the legislature, which is atso necessary before be can become


Article from The Idaho Recorder, March 19, 1914

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IN THE GEM STATE The city of Bancroft dedicated its new high school building last week. Mrs. Mildred McRea, aged 61 years of Aberdeen, has filed suit for divorce from M. F. McRea, aged 73 years. Charles Nelson, colored, is in jail at Shoshone charged with stabbing a Japanese named Moriko, owner of a pool hall. A. G. Draper has been appointed special deputy bank commissioner for the purpose of closing the affairs of the Leadore State bank. By the report of the tax commission just issued for the state of Idaho during 1913 it is found that the total taxes levied were $8,619,637.27. According to the announcement just issued from the Boise office of the reclamation service, $1,867,649 is available for work on the Boise project during the year 1914. A trunk being unloaded from a bag. gage car at Idaho Falls was dropped and a stream of liquor poured forth. The trunk contained twenty-nine quarts of liquor No one has called for the trunk. The Idaho Intermountain Fair association, which for a number of years conducted the intermountain fair in Boise and aspired to become a state fair, has been placed in the hands of a receiver. Captain John E. Yates, one of Boise's leading citizens for the past twenty years, died March 4, of aneurism of an artery of the heart. About two months ago Captain Yates exble. perienced his first attack of the trouGround has been broken for the new federal building and postoffice at Pocatello. The work will be pushed to completion as fast as labor and material can be secured. Pocatello material will be used in the construction. Many charges of high cost of state educational institutions have been made in Idaho, but the report of the tax commission shows that the man who pays a tax of $100 only pays to the four state educational schools $2.31. The residence of Jesse Crow at Ammon, six miles east of Idaho Falls, was burned to the ground on the 7th. The water ditch being frozen over, little could be done toward saving the property, but neighbors saved a large portion of the furniture. The Pocatello city council has passed an ordinance creating a cluster lighting district and providing that the cost of the first installation may be paid in separate installments and that the city will bear the ex. bense of the lights. Adopting the means that were suc. cessful in eradicating the disease known as scab among sheep in Ida ho, the farmers of Gooding county have combined to stamp out hog cholera which has taken such a heavy toll already in the state. The coroner's jury of Minidoka county has decided that the death of Mike Moultrie of Burley, killed by falling from an Oregon Short Line special train one mile west of Ru pert, was due to his own carelessness and that of the train crew. The Commercial club of Hailey raised approximately $500 in twenty four hours to pay for eighteen pages of text. illustrations and advertising in the Idaho State Automobile Guide book to be issued soon by the InterMountain Good Roads association. Officials at Burley have received notice that maintenance charges against land on the Minidoka project would be added to construction charges. This will mean a saving to the farmers around Burley on the Minidoka project of at least $165,000 Lemhi county has received an ap portionment of forest reserve receipts amounting to $2,979.78. This money is made up of 25 per cent of timber sales from the Salmon, Chal lis, Lemhi and Beaverhead forests and may be applied to school and road funds. H. W. Dorman, president of the state board of horticulture, has sent out to a number of the fruitgrowers of the state and to others interested in the industry, a letter urging COoperation with the state inspectors in the matter of spraying and caring for the orchards. It is reported that the potato bug has appeared in the northern part of the state. In Latah county the in sect has been reported to quite an ex. tent, but as yet it has not appeared in the south. The bug is quite com mon in the east, but has never ap peared out here to any extent. The district schools cost an aver age of $39.48 for every $100 taxes levied, and the total cost of the edu cational work of the state, including salaries, is about $40 for every $100; $11.30 per hundred of taxes goes for roads: $15.83 for towns or cities: 26 cents for state departments; $5.05 for police department; $2.91 for judicial department. Bee raising has come to be a rec ognized industry in the state of Ida ho. The first special report ever made on the subject in this state


Article from Evening Capital News, February 25, 1916

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State Horticultural Inspector Graham has been busy the past week with his deputies inspecting shade trees In Boise. A number of them were found infected and were ordered sprayed. The inspection will continue. Two appeals were filed in the supreme court yesterday. The first is entitled Timothy Dore, as special deputy bank commissioner of the Leadore State bank versus Morris H. Cottom. The second is the same plaintiff against Ernest R. Benedict. The appeals are from the judgments entered in the Sixth judicial district for Lemhi county. It is charged by the deputy commissioner in both cases that the respective defendants held. prior to the time the Leadore State bank went into the hands of a receiver, one share of the capital stock, each valued at $100; that, knowing the institution to be insolvent and the stockholders liable for indebtedness, they endeavored to assign nine shares of stock to W. W. Lattridge, who was engaged in the operating and managing of the bank. The deputy commissioner says that the bank is unable to pay Its indebtedness and he therefore brought suit against the two above-named defendants, asking for a judgment of $1000 from each of them. The Pacific Telephone & Telegraph company has written the public utilities commission that in order to satisfy complaint against rates It charges it is willing to put into effect a rate of 10 cents for the one minute and five cents for each additional minute on its toll line between Troy and Kendrick, or a rate similar to the one in effect in Latah, Lewis and Nez Perce counties. Benjamin M. Squires, special assistant with the bureau of labor statistics. United States dep tment of labor at Washington, D. C., held a conference with the public utilities commission yesterday regarding safety rules and regulations governing the operation of utilities, particularly as regard to laboring men. Mr. Squires was informed fully as to the rules the commission has adopted for this state. These rules are among the most modern of any commission in the country nd as effective, it is said. Mr. Squires showed a keen interest in the work of the Idaho commission. War spirit has triumphed over Idaho's "democratic simplicity" and Governor Alexander, accompanied by Mrs. Alexander and the governor's full military staff, arrayed in all the gold lace that can be found in the state house, will tonight go to Caldwell to attend the military ball. It is expected that the residents of the Canyon capital will be dazzled by the munificent ar"a. of gold braid, gold lace, swords and other military equipment with which the governor, Mrs. Alexander. General Crow, Colonel Priest and the rest of the warlike heads of the state's army will be attired. Mrs. Alexander will be arrayed in resplendent garments paid for out of Governor Alexander's pockets many months ago. T..e governor himself will wear his hand-me-down taken from the shelves of his own store before he became governer, and the expenses of the military staff, including transportation charges of Colonel Priest, who has never before been known to pay railroad fare, will be paid out of Governor Alexander's bank account accumulated prior to the last election, none having accumulated since that date Renuh


Article from The Idaho Recorder, August 3, 1917

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# LEADORE NOTES. Salmon fishing (or spearing) is not as good this season as in former years in the upper Lemhi. Mrs. Charles Lee, sister-in-law of Mr. and Mrs. John Yearian of Junction, is visiting from Butte. The hum of the Friedorff saw mill is certainly pleasing music to the industrial element of Leadore. Mr. and Mrs. J. D. Lunney with sons, Masters Earl and Sammy, are visiting in Bannock this week. Mr. and Mrs. "Billy" Castle have about completed arrangements for their auto trip to San Diego, Calif., at which place reside their many relatives. William Waugh came back from Butte Sunday whistling "No Wedding Bells for Me." At this stage of life's game it's patriotic on the part of Willie. There is nothing of importance connected with Dr. Hart's this week's weekly trip to Salmon. (Note -Leave standing this item until forbid.) Mr. and Mrs. Charles Denny, Clarence Pyeatt and Mrs. Fred Chase returned Tuesday from their Yellowstone park auto trip. All report a fine time. Bohannon Springs, hot and proclaimed of curative power, is a fine 8-mile auto drive from Leadore. It's a new resort that many are taking advantage of. The 32,000-mile Ford of the Klingers was headed Yellowstone park way Wednesday morning. Their destination will be Kansas. Thence a southern route to California. Lemhi? Well, perhaps, later. Alex Cruickshank, the contributor to the Pioneer's column, used carbolic acid by mistake for an eye lotion. Though his eye lids were badly burned Mr. Cruickshank does not believe that his eyesight is impaired. W. H. Boomer, accompanied by his wife, was up Saturday inspecting road work on Leadore-Gilmore contract. Your correspondent believes that bad road complaints at this time are premature. Wait until completion. The Pearce-Penard celluloid picture show, probably the greatest road entertainers (of seven in number) in northern Idaho have been playing the upper towns of the Lemhi and today pull for May and Challis. Their pictures are the best ever seen in Leadore. Prof. Robert Bradford of the University of Utah, accompanied by G. W. Holmberg have been in Leadore the greater part of the week and as experts have given the Leadville and adjoining properties the "once over." The gentleman admitted the very interesting period of development by the present mine holders, the Sunset company. We are informed that another dividend is forthcoming from the Leadore State bank (defunct.) At least 20 per cent if not another 30 will bring the total paid close to "dollar for dollar" for the one time little bank that never was truly insolvent. Receivers, attorneys, court costs and sacrifices is like throwing good money into the Lemhi river. Depositors and stockholders alike could have saved the day. The simple ousting of a cashier would have kept intact the much needed depository for Leadore and vicinity. Why should the flea annoy the elephant or in comparison why should the G. & P. corporation worry over an alleged competition of automobile stages between Salmon and Armstead or else the railroad would have long since inaugurated a rail auto service in handling both mail and passengers on the every other day that is not now supplied by the company. The inspection of a 6-passenger speeder in the G. & P. shops at Leadore the other day and the gleaning of some advanced ideas of coming events we are convinced that the rail auto will be inaugurated in the near future. The Sunset people are jubliant over the present showing of ore found at the very deepest development work in the Leadville mine. Five hundred feet vertical depth on the 35 degree incline vein is now attained and as the drift is carried east still greater depth is gained with shutes of ore encountered that have in the past made the old Junction mine famous. The most interesting part of mine development, however is in the shaft that was started this week in the drift of the lower workings for it is the contention of the best mining men and geologists that at or near the water level large bod