1121. Denver Savings Bank (Denver, CO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
September 1, 1911*
Location
Denver, Colorado (39.739, -104.985)

Metadata

Model
gpt-5-mini
Short Digest
a322246540e1800b

Response Measures

None

Description

Articles describe the Denver Savings Bank having been placed in receivership, suits against the receiver and allegations of conspiracy to defraud, and a historical 1911 failure with receiver's dividend. No article describes a depositor run. This is a suspension (failure) that led to receivership/closure. Dates are approximate: contemporaneous coverage in 1912 mentions the receiver; a 1930 item references the 1911 failure.

Events (2)
1. September 1, 1911* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Alleged wrecking of the bank; officials later served prison terms; suits alleging conspiracy to defraud and large claimed damages.
Newspaper Excerpt
an echo of a former Denver bank failure, that of the Denver Savings bank...the busted bank has paid 80 per cent of deposits over and above the salary of the receiver.
Source
newspapers
2. * Receivership
Newspaper Excerpt
Voluntary settlement of the claims of depositors against the Denver Savings bank by Leonard Imboden and James A. Hill will not depend upon the suits which they have filed for damages against Guy Le Roy Stevick, receiver for the institution, and others for damages of $953,000 on the allegation of conspiracy to defraud the bank, according to Lyndon E. Smith, attorney for the two men.
Source
newspapers

Newspaper Articles (3)
1. December 20, 1912 The Springfield Herald Springfield, CO
Article from The Springfield Herald, December 20, 1912

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Article Text

# COLORADO STATE NEWS Western Newspaper Union News Service. DATES FOR COMING EVENTS. January 20-25-Eighth Annual Western Stock Show-Denver. Alex Spill, a ranch laborer, was accidentally shot by his employer, A. Peterson, and died in the Parker hospital at Kiowa. William Barth withdrew his name as plaintiff in the suits brought by James A. Hill in behalf of the Denver Savings bank. The widow of Walter C. Martin, who was killed in the Longmont sugar factory November 18, was awarded $2,000 damages in the District Court. The funeral of the late Mrs. Alice Wachter Hayes, wife of Elbert L. Hayes, tok place from her home in Montrose. She was forty-five years old. Cupid again took a girl student from the Sate Teachers' college at Greeley, giving Miss Marian Easton, a junior, as the bride of Dr. O. S. Adam of Segundo. James Judkins, a barber, died from tuberculosis in a hospital at Trinidad, and his wife lies on a bed in the same institution near death from the same disease. Thomas E. Williams was elected president of the Colorado Manufacturers' Association, succeeding Burt Coldren. E. H. Braukman was elected vice president. The leap-year appeal of a yonug Virginia woman for a Western husband, which was made to Mayor Arnold of Denver, has been accepted by two Colorado men. A new $50,000 factory for Denver for the manufacture of breakfast foods may be commenced within the next six months by the Wyoming Plant and Seed Breeding Company. Beet growers of the Greeley district got checks for about $910,000. The money was distributed among the three factories of the county as follows: Eaton, $380,000; Greeley, $210,000 and Windsor, $320,000. The Denver jury in the case of Charles W. Frickey, charged with the murder of W. E. Swan, a bartender, returned a verdict of first degree murder. The verdict carries a penalty of life imprisonment. To wed his sweetheart, whom he had not seen for five year, Y. Takaki, a wealthy Japanese of Fort Lupton, left for his old home. He had $10,000 with him, the profits of one year of farming near Fort Lupton. On account of default of payment of $300,000 in demand notes July 1, the Colorado Midland railroad was placed in the hands of a receiver. George W. Vallery, president of the road, was named receiver. George Edward Esterling, organizer of the Ex-Husbands' Anti-Alimony Protective Union, estimates that there are nearly 800 men in Denver eligible to membership in the union. The records show that 250 men are paying alimony into the County Court and 500 into the District Court. M. R. Bliss, who was shot at Socorro, N. M., by his wife, Marie R. Bliss, formerly lived at Pueblo with his mother, Mrs. Martha Bliss. Bliss left Pueblo over a year ago. Mrs. Martha Bliss, who still owns considerable property at Pueblo, removed to California five months ago. Awakening to find the clothing of her bed on fire and the room filled with smoke, Miss Lida Plaga, night operator at the telephone exchange at Platteville, with difficulty aroused herself sufficiently to extinguish the flames. A spark from a stovepipe in the room started the fire. John J. Cohan, who has been in the county jail at Colorado Springs for several weeks accused of threatening the lives of President-elect Woodrow Wilson, Judge Julian A. Mack of Chicago, and a number of Colorado Springs officials, will be liberated if the recommendations of County Physician E. L. McKinnie are carried out. Voluntary settlement of the claims of depositors against the Denver Savings bank by Leonard Imboden and James A. Hill will not depend upon the suits which they have filed for damages against Guy Le Roy Stevick, receiver for the institution, and others for damages of $953,000 on the allegation of conspiracy to defraud the bank, according to Lyndon E. Smith, attorney for the two men. Increased purchasing power of the funds available, increased efficiency of the teaching staff, increased enrollment, a widening of the scope of the work of the institution and some advance steps in experimental and extension work through co-operation with the United States Department of Agriculture were shown in the annual report of President Charles A. Lory, of the State Agricultural College, made to the State Board of Agriculture in session at the college at Fort Collins. Colorado has been formally invited to participate in the Panama-California exposition at San Diego which will be held concurrently with the great Panama-Pacific exposition in San Francisco in 1915. James A. Staton, who sawed his way out of the Adams county jail November 27 with Frank L. Smith, murderer of Jesse E. Stingley, and gave himself up to the sheriff in Clayton, N. M., is in the clutch of remorse. He largely blames his wife for his present predicament and paces his cell.

2. December 20, 1912 The Ordway New Era Ordway, CO
Article from The Ordway New Era, December 20, 1912

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Article Text

# GREAT DAIRY STATE GREED STOCK DEMANDED TO IMPROVE HERDS. Inspector Cochrane Declares Col- orado's Dairy Business is Among State's Largest Assets. ern Newspaper Union News Service. ver.-"Colorado has the making e greatest dairy state in the ," declared State Dairy Inspect- Ochrane, on his return from the nal Dairy Show in Chicago. "I his unqualifiedly, after making a thorough investigation of condi- in other states, and my knowl- of what we have in this state. ot only are our grasses and in instances our grains and winter superior to those of other states, he climate and water here have mparison in any other section of United States. e have none of the common odor- as weeds and rank growths of es in other states, our nights are and we have three natural mar- for dairy products. mere is a tremendous awakening s fact, I might add, and the dairy ess in Colorado has increased 30 ent. in the last year, with every ation of being doubled next year. more than ever impressed with possibilities of the industry in ado after inspecting conditions ng in other states." B. Du Pree, deputy state dairy ctor, completed a trip through ado almost simultaneously with eturn of Inspector Cochrane. He red statistics, which he is com- , to show the importance of the business in Colorado and its in- e in the last year. "is more than probable that such a factory will be built here in 1913." # Terrorizing Youths Captured. Fairplay, Colo. -Three New York gunmen, East Side gangsters, and members of the clan formerly headed by "Big Jack" Zelig, who was shot just after the trial of Gyp the Blood, Whitney Lewis, Leftie Louie, Dago Frank and Lieutenant Becker, who were sentenced to death for the mur- der of Gambler Herman Rosenthal, were arrested between Como and Fair- play. They have been identified as the three men who planned to rob the Lit- tleton postoffice and hold up the Pe- tersburg roadhouses. The identifica- tion was made by Christian Schmittel, the chauffeur whom they kidnapped and forced to drive them out toward Brighton, threatening him with death if he refused or attempted to give the alarm. # Woman Beaten to Death With Whip. Grand Junction.-Tales of horror which emanate from New York's "Hell's Kitchen," aided the police to unearth information which points to the murder of Miss Elizabeth Noyes. The woman, who lived in a resort in Alkali Flat, had beer beaten to death with a blacksnake whip and two fing- ers bitten off in order to obtain her rings, poisoned with doped whisky and robbed of $275. # Declares He Was Held Up. Fort Collins.-Frank Welch reported to the police that while on his way to a neighboring ranch to buy a cow he was held up and robbed of $51.25 and a gold watch. Welch is a man six feet tall and weighs 200 pounds. He has been under arrest himself on charges of gambling and bootlegging. # Man Asks $12,000 Alimony of Wife. Montrose-Asking the District Court to grant him $12,000 permanent ali- mony and $200 temporary alimony and costs of the suit, Henry F. Bry- ant, a pioneer of this city, entered suit in the District Court for a divorce from his wife, Rosa Belle Bryant, to whom he was married in August, 1910. # Taken for Deer, Father Kills Son. Aspen. William C. Iseworth shot and killed his 16-year-old son, An- thony, while hunting deer in Wheat- ley gulch, opposite Snowmass. The father, mistaking the boy for a deer, fired, wounding him, the boy dying shortly afterward: # Minor Mention. Alex Spill, a ranch laborer, was ac- cidentally shot by his employer, A. Pe- terson, and died in the Parker hospital at Kiowa. William Barth withdrew his name as plaintiff in the suits brought by James A. Hill in behalf of the Denver Savings bank. The funeral of the late Mrs. Alice Wachter Hayes, wife of Elbert L. Hayes, tok place from her home in Montrose. She was forty-five years old. Cupid again took a girl student from the Sate Teachers' college at Greeley, giving Miss Marian Easton, a junior, as the bride of Dr. O. S. Adam of Se- gundo. James Judkins, a barber, died from tuberculosis in a hospital at Trinidad, and his wife lies on a bed in the same institution near death from the same disease. Thomas E. Williams was elected president of the Colorado Manufac- turers' Association, succeeding Burt Coldren. E. H. Braukman was elected vice president. The leap-year appeal of a yonug Vir- ginia woman for a Western husband, which was made to Mayor Arnold of Denver, has been accepted by two Colorado men. A new $50,000 factory for Denver for the manufacture of breakfast foods may be commenced within the next six months by the Wyoming Plant and Seed Breeding Company. Beet growers of the Greeley district got checks for about $910,000. The money was distributed among the three factories of the county as follows: Eaton, $380,000; Greeley, $210,000 and Windsor, $320,000. The Denver jury in the case of Charles W. Frickey, charged with the murder of W. E. Swan, a bartender, returned a verdict of first degree mur- der. The verdict carries a penalty of life imprisonment. To wed his sweetheart, whom he had not seen for five year, Y. Takaki, a wealthy Japanese of Fort Lupton, left for his old home. He had $10,000 with him, the profits of one year of farming near Fort Lupton. On account of default of payment of $300,000 in demand notes July 1, the Colorado Midland railroad was placed in the hands of a receiver. George W. Vallery, president of the road, was named receiver. George Edward Esterling, organizer of the Ex-Husbands' Anti-Alimony Pro- tective Union, estimates that there are nearly 800 men in Denver eligible to membership in the union. The rec- ords show that 250 men are paying alimony into the County Court and 500 into the District Court. M. R. Bliss, who was shot at Socor- ro, N. M., by his wife, Marie R. Bliss, formerly lived at Pueblo with his mother, Mrs. Martha Bliss. Bliss left Pueblo over a year ago. Mrs. Martha Bliss, who still owns considerable property at Pueblo, removed to Cali- fornia five months ago. Awakening to find the clothing of her bed on fire and the room filled with smoke, Miss Lida Plaga, night op- erator at the telephone exchange at Platteville, with difficulty aroused herself sufficiently to extinguish the flames. A spark from a stovepipe in the room started the fire. John J. Cohan, who has been in the county jail at Colorado Springs for several weeks accused of threatening the lives of President-elect Woodrow Wilson, Judge Julian A. Mack of Chi- cago, and a number of Colorado Springs officials, will be liberated if the recommendations of County Phy- sician E. L. McKinnie are carried out. Voluntary settlement of the claims of depositors against the Denver Sav- ings bank by Leonard Imboden and James A. Hill will not depend upon the suits which they have filed for damages against Guy Le Roy Stevick, receiver for the institution, and oth- ers for damages of $953,000 on the al- legation of conspiracy to defraud the bank, according to Lyndon E. Smith, attorney for the two men. Increased purchasing power of the funds available, increased efficiency of the teaching staff, increased enroll- ment, a widening of the scope of the work of the institution and some ad- vance steps in experimental and exten- sion work through co-operation with the United States Department of Ag- riculture were shown in the annual re- port of President Charles A. Lory, of the State Agricultural College, made to the State Board of Agriculture in session at the college at Fort Collins. Colorado has been formally invited to participate in the Panama-Califor- nia exposition at San Diego which will be held concurrently with the great Panama-Pacific exposition in San Francisco in 1915. James A. Staton, who sawed his way out of the Adams county jail No- vember 27 with Frank L. Smith, mur derer of Jesse E. Stingley, and gave himself up to the sheriff in Clayton, N. M.. is in the clutch of remorse. He largely blames his wife for his pres ent predicament and paces his cell in the Adams county jail at Brighton.

3. September 29, 1930 Greeley Daily Tribune Greeley, CO
Article from Greeley Daily Tribune, September 29, 1930

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Article Text

Sept. 29, 1911 A directory of the Greeley public schools, district No. 6, has been is. sued by the board of directors. The school census of the district is given as 2,404. A complete list of the mombers of the board, the officers, committees, date of meeting and the teachers with the number of years service of each, is given. The leaflet contains much interesting information. IL is noted that Miss Carrie Fashbaugh and J. R. Whuteman are the senior teachers in point of service, each having taught here for 21 years. Miss Jessie Fink comes next with 15 years work. More than 500 delegates are expected to be in attendance at the fortteth annual meeting of the Synod of Colorado which will convene in the First Presbyterian church here Oct. 17 and which will be in session for three days. Next to the national body, this is the most important gatherin" for those of the Presbyterian denomination. Tonight students of the State Teachers college will be welcomed by the various young people's societies of the churches In the city. An echo of a former Denver bank failure, that of the Denver Savings bank. for the alleged wrecking of which two officials served terms In the penitentlary, reached Plerce last week in the form of a receiver's dividend check for the sum of 30 cents. Jesse Ogden to "whom check was made payable, pocketed the paper with the remark, "Every [ittle helps." Up to date the "busted" bank has paid 80 per cent of deposits over and above the salary of the receiver. Altho bicycle riding for pleasure has become rather uncommon, two Greeley men still enjoy It, and M. H. Lowe and B. L. Kittle are making a trip from Loveland into Estes Park and back by that means. The men left Tuesday. went to Loveland by train, and will use their bicycles from there into the park and on the return to Loveland. Mrs. C. C. Wright and daughter Helen of Kansas City are guests at the home of Mr. and Mrs. W. S. Hayden. Mr. Wright is expected to arrive tomorrow from Salt Lake City to join his wife and spend Sunday here. To sell a farm just sound your alarm in the Farm for Sale*Ade and get buyer.