12931. Silver City National Bank (Silver City, NM)

Bank Information

Episode Type
Suspension β†’ Closure
Bank Type
national
Bank ID
3539
Charter Number
3539
Start Date
February 3, 1892
Location
Silver City, New Mexico (32.770, -108.280)

Metadata

Model
gpt-5-mini
Short Digest
e76c06bf8b34fc74

Response Measures

None

Receivership Details

Depositor recovery rate
50.0%
Date receivership started
1924-05-14
Date receivership terminated
1925-04-30
OCC cause of failure
Economic conditions
Share of assets assessed as good
19.3%
Share of assets assessed as doubtful
31.0%
Share of assets assessed as worthless
49.7%

Description

Newspaper articles report the National Bank of Silver City was closed by the national bank examiner on orders of the Comptroller of the Currency (Feb 3, 1892), later placed in receivership, and wound up by receivers with dividends paid. Coverage describes embezzlement by president C. H. Dane and criminal proceedings; there is no description of a depositor run prior to suspension. The bank remained defunct and was liquidated under a receiver, so classified as a suspension followed by permanent closure/receivership.

Events (7)

1. July 22, 1886 Chartered
Source
historical_nic
2. February 3, 1892 Suspension
Cause
Government Action
Cause Details
Closed by the national bank examiner on orders of the Comptroller of the Currency (regulatory closure following examination).
Newspaper Excerpt
James B. Tair, national bank examiner for this district, upon orders from the Controller of the Currency to-day closed the doors of the National Bank of Silver City
Source
newspapers
3. March 18, 1892 Receivership
Newspaper Excerpt
It appears that Isaac Smith, the Vermonter who was recently appointed by the government as receiver of the Deming bank, has unearthed enough to make it look pretty serious for both Dane and Siebold and the federal authorities have preferred charges of embezzlement against them. The accused are now in the hands of officers at Silver City.
Source
newspapers
4. October 4, 1892 Other
Newspaper Excerpt
From the grand jury report: As to the affairs of the Silver City bank, ... funds of the Silver City bank were appropriated by Mr. Dane ... aggregating about $45,000. All of this money, it appears, was appropriated by Mr. Dane: It also appears that the directors of the Silver City bank paid no attention to the affairs of ... (grand jury disclosures of fraud and mismanagement).
Source
newspapers
5. March 10, 1893 Other
Newspaper Excerpt
A Kansas banker named Foster ... has been appointed receiver of the bursted national banks at Deming and Silver City. ... He will probably wind up the affairs of the banks in a short time.
Source
newspapers
6. October 3, 1893 Other
Newspaper Excerpt
E. L. Foster, receiver of the failed Silver City and Deming National banks, has been informed by Comptroller Eckles that another dividend will be declared, ... The dividend ordered is 20 per cent for Silver City ... This makes the total dividend for both banks 40 per cent.
Source
newspapers
7. May 14, 1924 Receivership
Source
historical_nic

Newspaper Articles (18)

Article from The Indianapolis Journal, February 4, 1892

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Business Embarrassments. NEW YORK, Feb. 3.-The Grand Central Hotel, which has for many years been one of the most noted hostelries in this city, has closed its doors. It will be remodeled and occupied by store-rooms and offices. The property is owned be Engene Higgins and was conducted by W. H. Hayman and Charles Sprague. Both had been conducting the hotel since 1879. Latterly they have run behind and owe about $15,000 to trades-people and a number of months' rent to Higgins at the yearly rental of $(5,000. At a meeting of their creditors it was agreed to accept a settlement of 33 cents on the dollar. Mr. Higgins promised to knock off what was due him and pay the other debts contracted by the hotel out of his own pocket. DEMING, N. M., Feb. 3.-James B. Tair. national bank examiner for this district, upon orders from the Controller of the Currency to-day closed the doors of the National Bank of Silver City and the First National Bank of Deming. The capital stock of the former is $50,000 and of the home bank $100,000. OCEAN CITY, N. J., Feb. 3.-The House of Rest Hotel, valued at about $10,000, of which Postmaster-general Wanamaker is the reputed owner. was attached by the sheritt yesterday. The Rest has been the summer rendezvous of the members of Bethany Sunday-school of Philadelphia. MEMPHIS, Tenn., Feb. 3.-It was stated on the Cotton Exchange this morning that Walter R. and Richard J. Jones, comprising the firm of Jones Bros. & Co., cotton-buyers, had suddenly left the city. It was later discovered that their business affairs were in bad shape.


Article from The Enterprise, February 10, 1892

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Will Pay Dollar for Dollar. LORDSBURG, N. M., Feb. 8.-The bank examiner's report of the failures of the Deming and Silver City banks which suspended Friday will not be ready for about two weeks, bnt the liabilities will be about $152,000. The officers of the bank say they can pay dollar for dollar and resume business within three months.


Article from Santa Fe Daily New Mexican, March 18, 1892

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DANE ALSO ARRESTED. The President and Cashier of the Silver City. - Deming Banks in tho Toils. Yesterday the NEW MEXICAN announced the arrest of Frank Siebold, cashier of the Deming National bank, which recently failed. To-day word comes to hand from Deming that much excitement prevails there over the arrest also of C. H. Dane, president of both the defunct National banks at Deming and Silver City. It appears that Isaac Smith, the Vermonter who was recently appointed by the government as receiver of the Deming bank, has unearthed enough to make it look pretty serious for both Dane and Siebold and the federal authorities have preferred charges of embezzlement against them. The accused are now in the hands of officers at Silver City.


Article from Santa Fe Daily New Mexican, September 21, 1892

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, TERRITORIAL TIPS. The new sampling works at Deming are now running sleadily and handling from three to four cars of ore per day. The first killing frost of the season came to Springer on the night of the 12th, when garden vines received their death blow. District court is in session at Los Lunas, and will continue for a week or more. The petit jury was organized Monday. There are two murder cases to be tried. The grass in Grant county is looking better than it has for the past three years, but it is feared it is too late in the season to be of any lasting benefit to the cattle. men. The exhibit of bugs from the agricultural college, by Prof. C. H. Tyler Townsend, at the fair, was well worth attention, and embraced 352 different specimens, all from New Mexico. The Goss military institute, of Roswell began its term for the ensuing year on the 1st inst., with flattering prospects. The opening day showed an enrollment of sixty cadets and twenty young ladies. Dan Fisher tells us that many of the Swiss are getting ready to plant a large acreage of cana-agria, and that Mr. Bonaty, Ernest Secretan and C. Cuenod have already got in several acres.-Eddy Citizen. Albuquerque fair note: "The gang of bunco steerers who did thriving business in this city last week, and were unmolested by the city authorities, have folded their slick games and gone to newer fields of labor." Deming dot: It is altogether likely that any attempt made to register the Chinese residents will meet with determined opposition. The Chinaman will not believe that such a law has been put into effect, and say they will carry the question into the courts. County Treasurer Berg and Louis Altman have returned from Las Cruces to Grant county. They had been summoned to appear before the grand jury as witnesses in the case of the United States against the officers of the defunct Silver City and Deming banks. J. Crockett Givens, dealing in general merchandise at Central City, Grant county, assigned Saturday for the benefit of his creditors. The tightness of the money market is supposed to have been the cause of the failure. It is believed that he will be able to pay dollar for dollar. Woman's world fair note from San Juan county: "Owing to the kindly services of Mr. S S. Rush we were able to engage the services of Miranda, the expert blanket maker, Mr. Rush having sent Indian runners after her eight weeks ago. They found ber near Santa Fe, and


Article from Southwest-Sentinel, October 4, 1892

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THE LOOTED BANKS. The United States Grand Jury Makes Some Startling Disclosures In Reference to the Rotten Management of the Banks. To of the Hon. John R. McFie, Associate Justice New the Supreme Court of the territory of Mexico, and presiding judge of the third judicial district court thereof. Your grand jurors impaneled and sworn to inquire into violations of the laws of the United States within this judicial district, beg leave to report that we have performed the duty assigned the. Our session has been long and arduous owing to the full investigation we have given the na. tional bank cases originating in Grant county With the exception of the matters growing out of those cases there have been but few viola tiens of the laws of the United States brought to our knowledge which warranted a present ment by indictment. The greater part of thee have been violations of what is known as the Edmonds Act, and the decrease in the number of cases of this character indicates that the vigorous enforcement of this law has had beneficial triot. effect upon the morals of this dis The greater portion of our time has been 00 enpied with the investigation of the bank cases. and during this investigation facts of B startling and extraordinary R character have been disclosed that we deem it our duty t the public to inform them through this repor of the true condition of the affairs of thes banks, and to place the blame where it prop erly belongs. From the evidence elicited before no it ap pears that there were two national banks d Grant county under substantially the sam of management, one at Deming with capits stock of $100,000. and "another at Silver Cit with R capital stock of $50,000. Mr. Charles H. Dane was president of bot these banks. and appears to have been the or clusive manager of the affairs of both of them d It is true that both banks had boards of direc tore, but it appears that the extent of their it terference or supervision of the concerns r the banks was to certify and approve as correo all that was done by Mr. Dane. By reason 18 the criminal negligence of these boards directors, the president of the banks was er d abled to abstract and apply to his own use th S. funds of the banks amou ting to nearly th entire capital stock of both banks. The dire tors of these banks are technically guilty of th to same offences for which Mr. Dane has bee n presented by no, but the government has no 18 seen proper for reasons of its own to prosecut them. Had their cases been submitted to IS we should certainly have presented them. at well as the cashiers of both banks. who bot had a guilty knowledge of Mr. Dane's doing d although it does not sppear that either of the profited by the same. If any of the directors of the Deming ban had made the elightest examination into i or affairs he could not have failed to discover the in Mr. Dane was using the resources of the ban to for his own private purposes. y For example: Mr. Dane borrowed from ti or or bank on his own unsecured notes, $10,000;) then borrowed from the bank $6,000 on an un in secured note signed by The Oak Grove and 8 of erra Verde Cattle company, per O. H. Dar is Treasurer, and $4709 on a note signed Hor Shoe Land and Cattle company, C. H. Dan in President, and $6,000 on a note signed TI a Vermino Company, C. H. Dane. President, an $700 on a note signed Deming Pipe Line Con pany, and $3700 on a note signed The Vermi ot Company, by C. H. Dane, President. to On the above notes Mr. Dane obtained fro pthe bank $43,000. He also obtained on tv D' notes signed by J. C. Murnock, a clerk, $10.20 and on a note signed Ralph W. Mead $2,152.0 z. and on a note signed Indian Springs Catt Comp Frank H. Siebold, secretary. $10.00 M- Siebold was cashier of the Deming bar and not only put the last mentioned note in tl cbank to enable Mr. Dane to take out this to be thousand dollars, but also but in another no p. signed by Pearl H. Biebold, his wife. for $5.00 88 None of this fifteen thousand dollars went ed Mr. Siebold or his wife, but they allowed the is names to be used by Mr. Dane to take t slement. money and are technically parties to its embe liThe same may be said of two notes for : signed by Murat Masterson, and one for $5.00 he and one note for $4,800, *igned by W. Berg, a in one note for $9,000, signed by James Koc in Frank Siebold, attorney; and one note f & $4,900, signed by Louis Altman: and one no he for $4,000, signed by Christ Feller: and one no for $9,107.70, signed by M. E. Dane, and t ist notes for $5,000 each, signed by M. L. C. Dar 8" wife of C, H. Dane. he There was also an overdraft by Mr. Dane nd about $21,000, in all aggregating $186,000, whi he was taken from the funds of the Deming ba by Mr. Dane and applied to his own use, de All of this could at any time have been d he covered by the directors had they given a for attention to the affairs of the bank: the dire to tors would certainly have known that the P 8, sons whose names were signed to those une cured notes were utterly irresponsible and th no could not have failed to have understood the S the names were simply used as a cloak und ry. which Mr. Dane was appropriating the funds arthe bank. In order to cover up the conditi ed of the bank's abairs. false reports were made the Comptrolier of the currency and publish is in the newspapers. These reports were tested as correct wefind attached to them my certifying their correctness the names of o or tain directors of the bank. Mr. J. P. McGror orER John Corbett, Henry Chase and Mr Folsom, a my although it appears that none of these gent to men profited in any way by the doings of B to Dane, yet we have no doubt that they, inste of examining into these reports and ascertai ER ing whether or not they were correct. took t VE word of Mr. Dane as to the correctness, and OR certified to them. These reports were false every instance, and we believe these directo to to to have been guilty of Julpable negligence a uly meriting the most overe censure. As to the affairs of the Silver City bank, et find that they were similar to those of the De urt ing bank am As an illustration of the manner in which 1 mfunds of the Silver City bank were approp by ated by M Dane, its president, we report ti re$5 000 was loaned on an unsecured note sign by W. Berg. This it appears was simply not accommodation note, and the money was tak riaand used by C. H. Dane: the same may be S of a note for $5,000, also unsecured. signed des M. E. Dane, he being a brother of C. H. Da he Also note for $5,000 signed by Murat Mast etson; also a note for $5,000 signed by P. asiSmith: also a note for $5,000 signed by Mat any G. Smith. It appears that P. R. Smith and C. H. Dane eremutually interested as partne Also note for $5,000 signed by Mary L. Da the the wife of C. H. Dane: also a note for $5. me signed by the Vermijo Company, C. H. Da one president: also a note for $5,000 signed by C. we.) Dane: also a note for $5,000 signed by the Ind avit Springs Cattle Company, Frank H. Sieb in secretary, aggregating about $45,000. any All of this money, it appears, was appro be ated by Mr. Dane: It also appears that the directors of the Sil of hore bank City bank paid no attention to the affairs of


Article from Santa Fe Daily New Mexican, October 12, 1892

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The Dane Banks. The appraisers of the assigned estates of Charles H. Dane and Mary L. Dane have nearly completed their labors at Deming. It is stated that the assets are much larger than expected. In an interview Receiver Isaac M. Smith, of the defunct Silver City and Deming national banks, expressed the opinion that the final settlement of the affairs of those institutions would show matters to be in better shape than is generally anticipated. Thus far something like $25,000 of claims due the banks have been collected, and Mr. Smith has great hopes of obtaining enough from the stockholders to pay at least 60 cents on the dollar. If the stockholders respond to the assessment levied by the comptroller of the currency, the banks will be able to pay dollar for dollar. It is thought that the first dividend will be declared in the next week or so, and the general opinion is that it will be 25 per cent. Mr. Smith appears to think that at least 59 or 60 per cent will be realized by the time the affairs are finally adjusted.


Article from People's Voice, January 6, 1893

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BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank, of Muncie, Pa. Jan. 23-First national bank of Downs, Kan.; $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. D.: $30,000 Butler county bank at Chicora, Pa.: $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's back at Raton, N. .M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1-Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24 -American national bank of Birmingham, Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.: ; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county; losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep. 24-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5-Continental bank at Kansas City, Mo. Nov. 30-Stone City bank, of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hilis national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee. Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000. Dec. 26-E.S.Corser Minneapolis, real eastate dealer: $1,000,000.


Article from The Irish Standard, January 7, 1893

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GLANCE BACKWARD. Review of the Many Important Happenings of 1892. Heavy Business Failures, Startling Casualties and Horrible Crines-Industrial, Political and Sporting Events, Disastrous Fires of the Year, Etc. BUSINESS FAILURES. MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie, Pa. Jan. 23-First national bank of Downs, Kan; $100,000. Jan 85-Bank of Jefferson at Shepherdstown, W. Va Jan. 29-Fall River county bank at Oelricks, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191.000. Mar 1-Lima (O.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24-American national bank of Birmingham, Ala. Apr. 15--Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county: losses, $30,000. Sep. 2--Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Seu 21-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (pri-, vate); $80,000. Nov. 5-Continental bankat Kansas City, Mo. Nov 30-Stone City bank, of Joliet, 111., and Jollet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilozinski & Nelson at Greenville, Miss.; $400,000. Dec. .11-Black Hills national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000.


Article from Western Liberal, March 10, 1893

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A Kansas banker named Foster, a cousin of County Commissioner Foster, has been appointed receiver of the bursted national banks at Deming and Silver City. Mr. Foster has large interests in Kansas, consisting of his bank, stock and coal. He is considerably interested in Grant county, being a holder of Silver City water company bonds and interested in the Standard group of mines at Gold Hill. He will probably wind up the affairs of the banks in a short time.


Article from St. Johnsbury Caledonian, August 3, 1893

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at Stanstead Plain, Aug. 23 and 24. Twenty-five hundred dollars are offered in races and premiums, and there will be a balloon ascension with parachute descent each day. An extra train leaves St. Johnsbury at 7.10 a. m. on the second day of the fair and a round trip ticket from here costs $1.60. -The premium list for the 46th Caledonia county fair has just been issued from the CALEDONIAN office and may be secured of the secretary, N. M. Johnson. This little book of 50 pages gives all the premiums with their conditions, the races, regulations of the society and other valuable information. On the cover is a picture of Raymond, 2.271/4, and his owner, Charles E. Kirk. -Depositors in the National bank at Deming, N. M., have received a dividend of 20 per cent from the receiver and will soon get a second dividend of 10 per cent. The unfortunate stockholders have already been assessed 82 per cent of the value of their stock and are liable for 18 per cent more. The stockholders of the Silver City bank have been assessed 50 per cent. -This week's CALEDONIAN contains another interesting letter from the Underclyffe party describing their stay in Constantinople, Dr. Brooks' second letter from Wyoming, and the first of a series of World's Fair letters. The latter are written especially for the benefit of the great majority of the CALEDONIAN readers who cannot get to Chicago, and a brief description of all the principal sights and exhibits will be given in the series.


Article from Herald and News, August 10, 1893

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Depositors in the National bank at Deming, N. M., have received a dividend of 20 per cent from the receiver and will soon get a second dividend of 10 per cent. The unfortunate stockholders have already been assessed 82 per cent of the value of their stock and are liable for 18 per cent more. The stockholders of the Silver City bank have been assessed 50 per cent.-St. Johnsbury Caledonian.


Article from Deming Headlight, September 30, 1893

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DIVIDENDS DECLARED. Receiver E. L Foster Receives Some Good News. IT AFFECTS BOTH BANKS. The Depositors of the Silver City Bank WIII get Another Twenty Per Cent and Deming Claimants Fifteen Per Cent. Payable About October 15th Prospects For Fidal Settlement Much Better than Generally Supposed Other Facts Concorning the Banks,


Article from Santa Fe Daily New Mexican, October 3, 1893

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MOVING SLOWLY. After Many Years the Defunct Silver City and Deming Banks Declare Another Dividend. E. L. Foster, receiver of the failed Silver City and Deming National banks, has been informed by Comptroller Eckles that another dividend will be declared, and he is now busy making out the checks and schedules. The dividend ordered is 20 per cent for Silver City and 15 per cent for Deming. This makes the total dividend for both banks 40 per cent. Stockholders in the Deming bank have been assessed 82 per cent of their stock, and the Silver City people 50 per cent. A new assessment up to the full amount of stock will soon be ordered together with a sale of all property. This will probably allow total dividends in Deming of 50, possibly 60 per cent, and at Silver City nearly dollar for dollar.


Article from Southwest-Sentinel, December 19, 1893

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Territorial Items. The Montezuma Hotel at Las Vegas Hot Springs, New Mexico, which has been closed for some time, will be reopened by the Atchison, Topeka & Santa Fe Company in about six weeks.Rio Grande Rep. Mrs. John B. McPherson, of Hillsborough, died last week after many years' illness. The funeral was largely attended. Neill B. Field, who has been acting as attorney for the defunct Silver City and Deming banks. has forwarded his resignation to Receiver E. L. Foster, but as yet the same has not been accepted.Citizen. Free excursions through New Mexico and Arizona are ordered stopped by the railroad companies. Instead of parties of unemployed workmen, the freight trains have been hauling gangs of tramps, who are heading for Kansas to get under the protecting wing of Governor Lewellyn.-Citizen. The cattle queen of New Mexico is Mrs. Taylor, of the Mimbres, in Grant County. She is often seen on her horse among the herds superintending the work of cutting out, branding and gathering the beeves for shipment. By careful management and good business jurisprudence Mrs. Taylor has made cattle raising profitable even throughout its darkest days. There are some other women in New Mexico who have done well in cultivating the frolicsome steer.-Rio Grande Rep. A telephone message from Mora Saturday night, announced that John Doherty, ex-sheriff of Mora county and a worthy and prominent citizen of northern New Mexico, while sitting in his office, between 7 and 8 o'clock that evening was shot and killed by an unknown assassin. No cause is given for the deed, and, as yet, there is no clue to the murderer. A later message said a reward of $2,000 had been offered for the assassin. Great excitement prevails in Mora over the affair. Mr. Doherty leaves a wife and twelve children, and was one of the most useful citizens in all that section.-Optic. Sheriff W. P. Cunningham and Deputy Sheriff Page Otero, of Santa Fe county, arrived in the city from the Territorial capital Saturday night. These gentlemen are working on clues in regard to the mysterious murder of ex-Sheriff Frank Chaves, of Santa Fe, and a few hours after their arrival were closeted with a certain Mexican who claims to know more about the murder than he has heretofore told.-Citizen.


Article from Albuquerque Weekly Citizen, January 13, 1894

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Fergusson Recommended. Yesterday E 1. Foster, receiver of the suspended Silver City and Deming National banks. was in the city on business, and left this morning for the east. Neill B. Field has been officiating as attorney to Receiver Foster, but yesterday the gentleman recommended AN his attorney. H. B. Fergusson, subject to the approval of the secretary of the treasury. and his recommendation was mailed at once to Washington. While Mr. Foster was in the city he was the guest of Receiver Schefield, of the Albuquerque National bank.


Article from Southwest-Sentinel, February 13, 1894

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More snow has fallen in Grant County this winter than for years previous, and it has be worth its weight in gold to the rabch and rangemen. R. J. Rodgers, a ranchman near Carlisle, aged 37 yenrs, died recently and was brought to Silver City for interment last Saturday. Rev. Fitch conducted the services. Thomas W. Hildreth of Cooney, has been appointed resident agent of the Little Fannie and Silver Creek mining companies upon whom process may be served, &o. Unless Tom Catron succeeds in being sick, it looks very much as though C. H. Dane, the defaulting bank president of the defunct National banks of Silver City and Deming, would be tried on the charges against him at the present term of court at Las Cruces. You can save many a dollar dΓΌring the year by buying clothes from JOHN NORMAN. *th Iron Ores. Furnished in any quantity, write for prices to W. H. Newcomb, Agent. P. O. Box 532. Silver City, N. M. Combs and brushes at Porter7tf field's. The best of liquors and cigars at the Parlor Saloon, JOHN CARSON, 3tf. Proprietor. Mrs. Emily Thorne, who resides at Toledo, Washington, says she has never been able to procure any medicine for rheumatism that relieves the pain 80 quickly and effectually as Chamberlain's Pain Balm and that she has also used it for lame back with great success. For sale by W. L. Jackson & Co Druggists.


Article from Albuquerque Weekly Citizen, September 15, 1894

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From Tuesday's Daily Judge W E. Kelly. of Socorro, is at the San Felipe. Chas Neustadt. of Santa Fe, is here and will enjoy the fair. Mr. and Mrs. Keegan, of Gallup, are guests of Mrs M. McCue. Mrs. Wm. Borden has returned from a txo months' visit in Missouri G. W. Bixler, agent at Coolidge, arrived on the one o'clock train Francis Baker. of Santa Fe. is here as the guest of G. G Montgomery. L. B Putney and son, Robert, are rueticating at the Jemes hot springs. C. Lowenberg. the Pena Blanca mer chant, is registered at the European. Harry Ainsworth. who has been visit ing Raton. returned to the city last night. Mrs. J. H Hoffman. wife of the engineer, was among the arrivals to-day from Gallup. J L. Van Aredel. of Santa Fe. and many more from the territorial capital, are at the San Felipe. Mrs. W F. Kuchenbecker, and Mrs. Worth Keene, of Gallup, are settled nicely at the European. W C. Montfort, of Gallup, accompanied by his wife, is here, the guest of his father. H. A. Montfort. Ivan Crunsfeld and Gus Becker returned from a Southern trip on Monday and report trade improving. G. Ford. of San Marcial, is here and was noticed "whooping her up" for the San Marcial team this morning. E. L. Foster, receiver of the Deming and Silver City defunct national banks. came up from the south last night. J P. Lantz, a member of one of the local lodges, is here from Gallup. where he is agent for Gross. Blackwell & Co. Miss Mabel Anderson, daughter of D. L Anderson, bas returned from Santa Monica, Cal., to attend school here. Dr. Fitzhugh, one of the pension commissioners who has been making his headquarters in El Paso, is in the city. Min. Emma Kirkpatrick, teacher of the school at Lake Valley, is at home with her mother, and will remain during the fair. F. C. Barker, editor of the Farm and Orchard, published at Las Cruces, is in the city and will help make the fair a success. Chas. Harding, one of the heaviest tax payers of Gallup. is making an extended stay in the city. He in now in business in Bland. J. C. Spears. ex-mine inspector for the territory, and wife came down from the Cochiti mining district last night and are at the European. Mrs J B. Block. of Jemes Springs, came in to the city last evening. and this afternoon went east on a visit which will last several weeks. General Agent 8. H. Newman, of the New York Life, with headquarters in El Paso, is in the city. Mr. Newman is an old newapaper man. Visa Bertha Rupert, of Gallup, will probably be the new teacher at that place, there being a demand for increased service in the schools. W Adolph Fischer and bis wife, nee Gable. the daughter of everybody's friend, "Tom Gable" of Santa Fe, are visiting Mr. and Mrs. Schofield. T. A Goodwin, who was with the Mandelie some years ago, and worked on the club building, is here from Santa Fe, as a member of the Grand Lodge. Sam Brown, Grog. Page and Tom Hinch, of Gallup, were kept home by pressing business. Their best wishes go with the Crescent base ball club. Frank Meredith, the carpenter. and family, who have been visiting Illinois relatives and friends, returned home last sight, and he states that all had a splendid vacation. A. A Levy, merchant of Sabinal, is here with his wife, who is here receiving medical treatment from Drs Kaster and Easterday The lady is recovering, and Mr Levy is . happy man. O. E. Gents, hotel keeper of Hillsboro, came up from the south last night, and will remain during the fair. W. L. Marshall, also of Hillsboro, is here taking in the many interesting events. Judge Douglass, father of Mrs. F M Bidings, of Colorado Springs, accompanied by his wife and daughter, are in the city. and wall remain during the fair, the guests of F. M. Eddings. Mrs. Duaglass


Article from Santa Fe Daily New Mexican, August 19, 1895

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The "Dane Banks" Receivership. Receiver Foster, of the defunct Deming and Silver City banks, has returned from his vacation, taken at the expense of the depositors in these banks. It is reported that he failed to secure an interview with the holder of that lone share of stock who did not pay the $82 assessment. He did find out, however, that his man was hid in the wilds of Vermont, and he will go back next summer, accompanied by an Indian trailer, and round up the man and have a settlement with him, providing, of course, the fellow does not make his escape into New Hampshire in the meantime. While east Mr. Foster attended the first annual meeting of the Universal Brotherhood of Bank Receivers, and was elected vice president for New Mexico. The brotherhood now forms a branch of the great order of Knights of Rest, and its members will hereafter march in all parades and participate in all strikes ordered by the parent order. Before Mr. Foster went east he promised on his return to follow in the footsteps of the Hon. David Politician Carr and print a statement of his receipts and expenditures, but the Brotherhood of Bank Receivers adopted a by-law forbidding any member giving any information or paying any dividend, and as vice president for New Mexico Mr. Foster feels it incumbent on him to live strictly in accordance with all rules of the brotherhood.-Lordsburg Liberal.