1284. Denver Savings Bank (Denver, CO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
December 1, 1912*
Location
Denver, Colorado (39.739, -104.985)

Metadata

Model
gpt-5-mini
Short Digest
3645e8a0

Response Measures

None

Description

Articles (Dec 20, 1912) report that a receiver (Guy Le Roy Stevick) has been appointed for Denver Savings Bank and depositors' claims and suits alleging conspiracy to defraud totaling $953,000 are mentioned. No mention of a depositor run; the bank is in receivership, implying permanent closure. Bank characterized as a savings bank (state-chartered assumed).

Events (2)

1. December 1, 1912* Receivership
Newspaper Excerpt
Guy Le Roy Stevick, receiver for the institution, and others for damages of $953,000 on the allegation of conspiracy to defraud the bankaccording to Lyndon E. Smith, attorney for the two men.
Source
newspapers
2. December 1, 1912* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suits alleging conspiracy to defraud the bank and large claims by depositors (damages of $953,000) led to receivership/closure.
Newspaper Excerpt
Guy Le Roy Stevick, receiver for the institution
Source
newspapers

Newspaper Articles (2)

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.


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.