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Fast Train Run Saves Bank. John E. Gooding prevented the wrecking of the Rocky Ford, Colo., State bank, of which he is president, by rushing $60,000, the proceeds of the sale of the Dells, his Wisconsin resort, to that city on a special train.
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Colorado Bank Suspends Rockyford, Colo., Jan. 2-The State Bank of Rockyford closed its doors 0day following: a run. Liabilities exceed $400,000 and assets are placed at over $525,000, mainly loans on high grade farm lands.
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A Bank Failure in Colorado. Rockyford, Col., Jan. 3.-The State Bank of Rockyford closed its doors Thursday following a run. The Habili ties exceed $400,000 and the assets are placed at over $525,000, mainly loans on farm lands.
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COLORADO BANK CLOSES Rocky Ford, Colo., Jan. 3.-The State Bank of Rocky Ford closed its doors yesterday following a run. The liabilities exceed $400,000 and assets are placed at over $525,000, mainly in loans on high grade farm lands.
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COLORADO BANK CLOSES. ROCKFORD, Colo., Jan. 2.-The State Bank of Rockyford closed its doors today following a run. State Bank Examiner Beatty is making an investigation of the bank, which has been regarded as one of the soundest in Arkansas Valley. Liabilities exceed $300,000; assets over $525,000; mainly loans on farm lands of the vicinity.
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Officials of the State Bank of Rocky Ford Fear Run and Shut the Doors EXPECT TO RE-OPEN Rocky Ford, Jan. 2.-The State Bank of Rocky Ford failed to open its doors this morning and the affairs of the institution are now being investigated by the state bank examiner. It is stated by the bank officers that the closing order was given in order to prevent a run. They are confident that the bank will resume business within a few days. No statement of the assets or liabilities has yet been made. Some of the most prominent business men of Rocky Ford are identified with the management of the bank and all declare that business will be started again with little delay.
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Rockyford Bank Closes. ROCKYFORD, Colo., Jan. 3.-The State Bank of Rockyford closed its doors following a run. The liabilities exceed $400,000. and the assets are placed at over $525,000, mainly loans on high grade farm lands.
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Colorado Bank Closes. Rockyford, Col., Jan. 4.-The State Bank of Rockyford closed its doors Thursday, following a run. The liabilities exceed $400,000, and the assets are placed at over $525,000, mainly loans on high-grade farm lands.
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THE STATE BANK IN STATU QUO None of the Rumors of Relief for the Depositors is Realized REPORTED REQUIS!TION FOR ARRESTS Receiver Hall will Require Three yet to Make Statement. The local bank situation does not definitely present any new phases in the week that has elapsed since our last report. The most sensational news of yesterday was that a requisition had been made to the district attorney for papers of arrest for the bank officers. Enquiry at the offices of the attorney and the sheriff failed to confirm the rumor. District Attorney McDaniels declined to answer any questions, as did also those depositors who attended a meeting held Wednesday night. That meeting !eft any depositor present to act in the matter on his own initiative. and the popular assumption is that somebody acted Thursday morning. At a meeting of a number of depositors of the State Bank. held on the night of Jan. 15. the following resolution was adopted: "Whereas. The committee appointed by these depositors to confer with the bank officials reporting that the said officials have refused to assign any of their property to a Trustee or the Receiver of the said bank for the benefit of all depositors, and the said depositors assembled. believing nothing further can be done. believe it advisable to discharge said committee. "Now we. the depositors assembled. having discharged said committee. wish to report to all of the depositors that we do not believe that we can do anything further along this line." 0 An interview with Receiver Hall brings only the statement that it will require several days yet to complete the statement of the bank's affairs. and as soon as this is done it will be given to the public. While the Beet Growing farmers were in meeting assembled at Odd Fellows hall Saturday afternoon, Judge Minor appeared on the scene and asked the presiding officer if he would be permitted to give the gathering a message that did not pertain to beets. be was accompanied by Miss McCoy, the stenographer from the State Bank. The Judge was given the privilege of the floor and said that he came with a message from Mr. John E. Godding. He wished it to be understood that he did not come. to the meeting as the attorney of Mr. Godding. nor yet as the attorney of Mr. Hall. the receiver of the State Bank: : he came simply to deliver a message as it had been given him. and what he said would be taken down by a stenographer that what he did say might be verified if necessary afterwards. Mr. Godding had called him up by 'phone and asked him if he would take a message to this meeting. and with Mr. Hall's consent he had promised to do so. The message was this: Mr. Godding wished to say that three plans were on foot with a view to re-opening the State Bank, one or other of which he had reason to believe would be successful. That each of those plans included the purpose to pay every depositor of the bank dollar for dollar of his deposit; that ) meither of the plans would be adopted except with that condition. He wished this to know that he to was working gathering hard of effect this result and was hopeful success.
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May Pay Dollar for Dollar. Judge Minor, attorney for G. M. Hall, receiver of the State Bank, appeared before the Beet Growers' Association at Rocky Ford last Saturday and stated that John E. Godding, president of the defunct bank, had asked him to say that the bank officials had under consideration three propositions for reorganizing the State Bank: that if any one of them was perfected the depositors would receive 100 cents on the dollar. The officials are doing their utmost to carry out their promise to have the bank open in ten days, the time asked of the depositors to reorganize.
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STATE NEWS ITEMS The Colorado Kennel club will hold a bench show in Denver next Spring. A movement has been started to organize a new mining stock exchange in Denver. The Crystal Theatre Company, capItalized at $12,000, has been incorporated to conduct a vaudeville theater at Greeley. Antonito has voted for a gravity water system to be owned and operated by the town, drawing its water from large springs. On January 28th Leadville will celebrate its thirtieth anniversary by a "home coming" of Leadville pioneers. There will be "high old times"-about two miles high. A congress of Colorado Sunday school associations will be held at Pueblo Dec. 27th-29th. This will be the first time the congress has been held outside of Denver. The thirty-eighth annual session of the Colorado State Teachers' Association will be held in the East Side high school at Denver, Dec. 28th, 29th, 30th and 31st. Manager A. B. Hullt of the Kansas Colorado Power and Transmission Company, expects the road to be completed from Pueblo to the top of the Royal Gorge by May 1st next. On the night of the 8th inst. fire destroyed the shaft house and build. ings of the Mesa Mining & Milling Company at Unaweep, entailing a loss of $12,000. There was no insurance. Another 5 per cent. dividend has been declared by Richard H. Malone, receiver of the defunct Fidelity Sav. ings Association of Denver. This dividend means the disbursing of $41,000, and makes a total of 40 per cent. paid to depositors. Stephen N. Bennett, a pioneer nearly eighty-three years old, and brother-in-law of ex-Lieut. Gov. Brush, died at Greeley on the 10th inst. of disease incident to old age. Mr. Bennett came to Greeley over thirty years ago. John E. Godding, late president of the State Bank of Rocky Ford, convicted of receiving deposits after the bank was insolvent and sentenced to eight to ten years in the penitentiary at Canon City, was received into that institution on the 12th inst. Railway mail service to Walden, Colo., from Laramie, Wyo., will soon be turned over to Laramie, Hahn's Peak & Pacific railway, going by train to within thirty-five miles of Walden and then by star route. At present seventy miles is covered by stage. The scientific students and members of the University Scientific Society of the State University are cooperating with the office of state dairy commissioner for the purpose of purifying the milk and milk products which are produced in Boulder county. There is still talk at Fort Collins of Secretary of Agriculture James Wilson becoming president of Colorado Agricultural college. While it has not been definitely decided who will succeed Dr. B. O. Aylesworth, and probably will not for several weeks, there are rumors that Mr. Wilson will be chosen. The new town of Kuner, nine miles east of Greeley, has notified C. S. Morey, president of the Great Western Sugar Company, that it will donate eighty acres for a building and furnish water if he will establish a sugar factory there. Kuner town has a large cultivated area tributary to it. Conrad Markus, who came to Colorado from Russia six years ago to work in the beet fields, has just purchased an 80-acre farm a mile west of Greeley, for $13,000 from A. z. Salomon of Denver, who has held the land twenty years. Salomon purchased 320 acres for $1.50 an acre and values his remaining tract at $150 an acre. The Denver Reservoir Irrigation Company has just let a contract for the completion of the Stanley Lake dam, one of the chief works of the project, five miles north of the city limits of Denver. Kenefick & Quigley, of Kansas City, have undertaken the work for $420,000. To date on dams, canals and tunnels for the system, the irrigation c empany has let contracts calling for an expen jiture of about $1,620,000. At Cripple Creek Tucsday William Campion, a brother of Andy J. Campion, a commission man of Denver, sat down in a chair in the Jobbx of the No
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STATE NEWS ITEMS hold Colorado Kennel next club Spring. will bench The show in Denver started to organize a A movement a new mining has been stock exchange in capDenver. The Crystal Theatre has Company, been incorpor- theater at ated italized to at conduct $12,000, a vaudeville Greeley. voted for a gravity operAntonito has to be owned and water ated by water system the town, drawing its celefrom On large January springs. 28th anniversary Leadville will by a brate its thirtieth Leadville pioneers. There *home will coming" be "high of old times -about two miles high. of Colorado held Sunday at A congress associations will This be will be the first time the school Pueblo Dec. 27th-29th. congress has been held of outside The thirty-eighth of Denver. Teachers' annual session Associathe Colorado State in the East Side high 30th and tion school will at be Denver, held Dec. 28th, 29th, Manager 31st. A. B. Hulit of Transmission the Kansasroad to be Colorado Company, expects Power Pueblo the and to the top of com- the from 1st next. fire pleted Gorge by May 8th inst. Royal night of the and buildOn the shaft house Milling loss at Unaweep, no ings destroyed of the the Mesa Mining entailing insurance. & a Company of $12,000. There was dividend has 5 per cent. H. Malone, Another by Richard Savof the This receiver been declared defunct of Denver. Fidelity $41,000. diviAssociation of dend means a total of 40 per ings and depositors. makes the disbursing cent. pioneer paid to N. Bennett, a old, and nearly Stephen eighty-three of years ex-Lieut. the Gov. 10th brother-in-law died at Greeley on old age. Mr. Brush, of disease incident to over thirty years Bennett inst. came to Greeley of ago. E. Godding, late president Ford, conJohn State Bank of Rocky after the victed the of receiving deposits and sentenced to was insolvent the penitentiary 12th eight bank Canon to ten City, years was in received inst. into Walden. that institution at on mail the service to be Railway from Laramie, Wyo., Hahn's will soon Peak Colo., over to Laramie, by train to turned Pacific railway, going of Walden and within & thirty five miles At present seventy then by star route. stage. miles The is scientific covered students by Scientific and members Society of the University State University are dairy cooperat- coming with the office purpose of missioner for products of the the milk of state purifying which of the produced milk and in Boulder county. Collins are There is still talk at Fort James Wilson Secretary of Agriculture of Colorado Agribecoming While it has Dr. cultural college. president who will succeed not been definitely B. O. Aylesworth, decided and there probably are will rumors not weeks, chosen. miles that for several Mr. Wilson will be nine new town of notified Kuner, C.S. Mor The of Greeley, has Great Western president that it will for a east ey, Sugar Company, of building the and furnish donate faceighty acres will establish a sugar large water there. if he Kuner town to has it. a to Colocultivated tory area tributary came Conrad Markus, who years ago to work from Russia six just purchased the beet west of rado dn 80-acre farm fields, a mile has Z. Salomon Greeley, of Denan from A. land twenty Salomon values for ver, $13,000 who has held purchased and the 320 his acres reyears. $1.50 an acre an acre. maining for tract at $150 Reservoir Irrigation the Denver contract for dam, completion works Company The has of just the let Stanley a of the Lake project, of the chief of the city limits five miles morth & Quigley, of one Kenefick undertaken the canals work Kan- of Denver. have dams, sas for $420,000. tunnels City, for To the date system, contracts on the calling irrigafor William and tion an company expenditure has let of Tuesday about $1,620,000. Cripple Creek Andy J. Cam a of Campion, At commission brother man of Denver, of the Na sat a in the lobby A hotel and went to discovered later a The coroner's pion, minutes down tiona! in a chair dead. porter sleep. death that was few au Campion disclosed was the fact that the heart. topsy due to a blod a clot butcher, near thirty-four years Campion old. was He leaves of a Trinidad, widow. Demo Ben Beshoar Senate at cratic Dr. nominee for has the served state notice of the last election, Senator Casimero election contest has upon just received secretary his cer Barela, who of election from contest the was also tificate of Isaac state. Notice W. Boyles and of served upon W. Ranublican recenta
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COLORADO A novement has been started to organize a new mining stock exchange in Denver. Antonito has voted for a gravity to be owned operthe town, drawing ated water by system and its water from large springs. A short distance west of Fort Morgan a Union Pacific train ran into a herd of about 125 antelope, a few days since, killing two of them. Invitations have been issued by the of Colorado for a conferof and ence University principals superintendents Boulder of high schools of the state at Jan. 1st and 2nd. The taxpayers of Denver on January vote on the about $1,000,000 of 19th suing will question school bonds of build- isfor the erection of new school ings, repairs and additions. On January 28th Leadville will celeits thirtieth of brate "home coming" anniversary Leadville pioneers. by a There will be "high old times"-about twe miles high. A congress of Colorado Sunday school associations will be held at Pueblo Dec. 27th-29th. This will be the first time the congress has been held outside of Denver. The thirty-eighth annual session of the Colorado State Teachers' Association will be held in the East Side high school at Denver, Dec. 28th, 29th, 30th and 31st. Manager A. B. Hulit of the KansasPower and Transmission expects the road to Company, Colorado be of com- the pleted from Pueblo to the top Royal Gorge by May 1st next. On the night of the 8th inst. fire the shaft house the Mesa Mining & destroyed ings of and Milling build- loss Company at Unaweep, entailing a of $12,000. There was no insurance. The new sewer system at Fort Morgan has been completed at a cost of about $60,000. Work has been going on for four months and sixteen miles of pipe have been laid. This covers the entire town and all additions. Another 5 per cent. dividend has Richard of the defunct been receiver declared by Fidelity H. Malone. divi- Savings Association of Denver. This dend means the disbursing of $41,000. and makes a total of 40 per cent. paid to depositors. Colorado College is planning a sumof in Manitou park every ducted mer school surveying to and June, be civil con- as part of the work of mining It will cost of has already which engineering $1,000 been $2,500, donated by a Denver man. N. Bennett. a Stephen old, pioneer and nearly eighty-three years of died at Greeley on brother-in-law Brush, ex-Lieut. old the Gov. 10th Mr. inst. of disease incident to age. Bennett came to Greeley over thirty years ago. John E. Godding, late president of the State Bank of Rocky Ford, convicted of receiving deposits after the insolvent and to to ten years in the eight bank was sentenced penitentiary into at Canon City, was received that institution on the 12th inst. scientific students and members of of University are The the the University State Scientific cooperat- Society comwith the office of state dairy for the purpose of and milk missioner ing the milk products purifying which are produced in Boulder county. The new town of Kuner, nine miles east of Greeley, has notified C.S. Morof the that it ey, Sugar president Company, Great will and Western furnish donate eighty acres for a building water if he will establish a sugar factory there. Kuner town has a large cultivated area tributary to it. It is reported that a $500,000 strucbe most attractive in archiand a combination a for the new nal tecture ture depot to electric of railway termifirst-class hotel, is to avenue in and on Union a Pueblo, and be hotel built that Sam F. Dutton of the Albany of Denver has practically consented to take its management. Denver.-A Grand Junction dispatch says: A steam railroad from Grand Junction to the Plateau valley, a disof miles, will the people ed, tance provided forty of be that construct- section will raise a bonus of $75,000. This was the announcement made by George Smith, a Western slope promoter, who has just returned from New York. The Denver Reservoir Irrigation has just let a contract for the of the chief works of one Company completion of the Stanley the Lake project, dam, five miles north of the city limits of Denver. Kenefick & Quigley, of Kansas City, have undertaken the work To date on and tunnels for the system, for $420,000. contracts dams, the calling canals irrigation has let for of who came to ColoConrad an c mpany expenditure Markus, about $1,620,000. rado from Russia six years ago to work
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Jan. 2-State Bank, Rockyford, Col., closed doors. 6-Four big New York diamond Arms forced into hands; trustee's liabilities, $4,500,000. 8-Chicago Great railroad Western placed in hands of receivers 16-Western Bank and Trust Co., Dallas, Tex., largest Texas saving bank
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For Sale or Rent. The E. J. Smith property, corner of Swink Ave. and Tenth street. G. M. Hall, Receiver, State Bank of Rocky Ford.
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For Sale or Rent. The E. J. Smith property corner of Swink Ave. and Tenth street. G. M. Hall, Receiver, State Bank of Rocky Ford.
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For Sale or Rent. The E. J. Smith property, corner of Swink Ave. and Tenth street. G. M. Hall, Receiver, State Bank of Rocky Ford.
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For Sale or Rent. The E. J. Smith property, corner of Swink Ave. and Tenth street. G. M. Hall, Receiver, State Bank of Rocky Ford.
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For Sale or Rent. The E. J. Smith property, corner of Swink Ave. and Tenth street. G. M. Hall, Receiver, State Bank of Rocky Ford.
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For Sale or Rent. The E. J. Smith property, corner of Swink Ave. and Tenth street. G. M. Hall, Receiver, State Bank of Rocky Ford.