1388. Farmers & Merchants Bank (Jaroso, CO)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
October 13, 1921
Location
Jaroso, Colorado (37.003, -105.624)

Metadata

Model
gpt-5-mini
Short Digest
309d6de0

Response Measures

None

Description

Articles (Oct 13–15, 1921) report the Farmers & Merchants Bank at Jaroso was closed by the Deputy Bank Commissioner while investigating alleged embezzlement by former cashier D. K. Harvey (~$20,000). No run, receivership, or permanent closure is reported; closure appears to be an investigatory suspension.

Events (1)
1. October 13, 1921 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Alleged embezzlement by former cashier D. K. Harvey, funds possibly amounting to $20,000; Deputy Bank Commissioner closed bank pending investigation.
Newspaper Excerpt
D. K. Harvey, former cashier of the Farmers and Merchants Bank at Jaroso, ... is charged with the embezzlement of funds which may amount to $20,000. The bank has been closed by Deputy Bank Commissioner Clark, who has been making an investigation for the past week.
Source
newspapers

Newspaper Articles (3)
1. October 13, 1921 Cheyenne Wells Record Cheyenne Wells, CO
Article from Cheyenne Wells Record, October 13, 1921

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Article Text

COLORADO STATE NEWS (Western Newspaper Union News Service.) Men's and women's wearing apparel valued at $5,000 was stolen from the store of the Cable Bros. Mercantile Company at Windsor. Estimates by the Durango city commissioners the cost the next year city government place of running at $2, 500 less than the figure for this year. The commission has appropriated $88, 509 for the 1922 budget. of a large number of large, Frank Olsson Telluride ripe strawber has ries grown on his farm near the city at an of 9,000 feet. are and he has picking altitude delicious been The week. berries them every day for about a Hiram Croft, 50 years old, of La Salle, employed by J. L. Biers, a motor was at at work when was ley truck while freighter, killed his from neck Greebroken. Croft either fell a motor truck or was hit by a plank which broke in two while he and Biers were transferring a safe from one truck to another. Joseph Risdon Powell, pioneer coal mine operator of Weld county, died at his home in Greeley of heart failure Mr. Powell was 75 years old and had lived In Colorado for fifty-three years. In addition to his activities in Weld county Mr. Powell at different times was associated with undertakings in Central City and in Routt county. Senator and Mrs. Phipps have sailed for New York on a sea voyage that will take them to Cuba, Panama and Costa Rica. They expect to return to Washington about Oct. 24. Senator Phipps, who recently underwent an operation, is making the trip to recuperate from his illness. He is making a satisfactory recovery. The large mill and elevator at Olney Springs, owned by McCullough & Son, by fire, a The mill was of was $25,000. destroyed causing partially McCullough loss insured. It is understood & Son will rebuild. The Fowler fire department responded to a call for as sistance in fighting the fire, but ar rived at Olney Springs too late. D. K. Harvey, former cashier of the Farmers and Merchants Bank at Jaroso, in southern Costilla county, who disappeared a week ago, is charged with the embezzlement of funds which may amount to $20,000. The bank has been closed by Deputy Bank Comwho has for the past missioner an investigation Clark, been week. making has No clew to Harvey's whereabouts been discovered, though a warrant has been issued for his arrest. The United States Civil Service Com mission announces an examination for be United States forest rangers to Oct. 25, 1921, at all forest supervisors. held ters of on the headquar The $1,220 entrance salary is from $900 to per year and is open to both men and women. All persons interested in the examination should write directly to the Civil Service Commission, Wash ington, D. C., or get in touch with the local forest supervisor. A wage dispute of several months standing will be heard by the State Industrial Commission at Grand June tion. The building contractors of Mesa county have asked for H 20 per cent reduction In the wages of carpenters, bricklayers, plasterers, painters, pipe hodcarriers and common laborworkmen filed a fitters, ers. state The Chairman protest J. with the commission. C. William I. Reilly will hear from both parties. comon Tuesday Bell missioners evidence and granted The a reduction to the master builders of Colorado Springs. The present wage scale in effect at Grand Junction is approx imately the same as at Colorudo Springs. Nearly $50,000 has been paid to head lettuce growers at the sheds in Florence so far this season. this being half the total amount the county about Fremont-Custer district. yield for It is estimated that the average per in the district tributary to this city acre is $300, while the best known Is a ten-acre trace that yielded $6,000 worth of lettuce. Four persons were injured, one of when a large supply of which had been fireworks, them seriously, confiscated the Bath the police, exploded in An by section of Brooklyn, N. Y. bomb suddenly went causaerial Beach off James ing the explosion. Inspector Butler of the fire department, Inspector of combustibles, had his left arm torn off and suffered other injuries. A total of $10,264.75 was expended the state of Colorado to keep one by of rangers in the field the last months ending Oct. 1, a report made by ing troop twelve to Col. Patrick accord- During J. Hamrock, adjutaut general. this time the rangers made 782 arrests of all kinds. Of this number of arrests they secured 027 convictions, with 121 dismissals und 34 cases still pending. Four hundred have enrolled in the

2. October 14, 1921 The Idaho Springs Siftings-News Idaho Springs, CO
Article from The Idaho Springs Siftings-News, October 14, 1921

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Article Text

STATE NEWS (Western Newspaper Union New Service.) Mrs. W. C. Holmes of Lansing, Mich., was instantly killed and her husband badly injured, when an automobile in which they were traveling struck a rut in the road, skidded and toppled over an 85-foot precipice near Dolores. The body of John W. Glasgow, Creslone mining man, who has been missing for eight days, was discovered in the hills with a bullet hole through the chest. Apparently Glasgow had been hunting, and had fallen down in such a way that the gun discharged. Evidently death was instantaneous. Denver has 5,785 unemployed according to figures transmitted by the Department of Labor to the national conference on unemployed, Washington press dispatches announced. Figures for other Colorado citles are: Pueblo, 2.822: Colorado Springs, 388: Trinidad, 355: Greeley, 195. Joseph Risdon Powell, pioneer coal mine operator of Weld county, died at his home in Greeley of heart failure. Mr. Powell was 75 years old and had lived in Colorado for fifty-three years. In addition to his activities in Weld county Mr. Powell at different times was associated with undertakings in Central City and in Routt county. Angelo Fabrizio, third baseman of the Coal Creek baseball team, and one of the star players of the coal fields, was electrocuted on the tipple of the Coal Creek mine at Florence. He was weigh boss and was replacing a defective light globe when a current of 440 volts passed through his body. First aid was given, to no avail. Mayor Fred W. Stover has announced that he and the City Council of Fort Collins are in favor of following as far as possible the plan outlined by the unemployment conference to relieve unemployment, and that the city will keep this in mind in making out its budget for 1922. Some street improvement work is being pushed at present. Nearly $50,000 has been paid to head lettuce growers at the sheds in Florence so far this season, this being about half the total amount for the Fremont-Custer county district. It is estimated that the average yield per acre in the district tributary to this city is $300, while the best known is a ten-acre trace that yielded $6,000 worth of lettuce. A total of $10,264.75 was expended by the state of Colorado to keep one troop of rangers in the field the last twelve months ending Oct. 1, according to a report made by Col. Patrick J. Hamrock, adjutant general. During this time the rangers made 782 arrests of all kinds. Of this number of arrests they secured 627 convictions, with 121 dismissals and 34 cases still pending. "Not guilty !" This was the verdict returned by the jury in the Rienzi Dickens murder trial at Greeley. The jury was out more than fifteen hours Rienzi Dickens was charged with the killing of his father, W. H. Dickens, wealthy Longmont banker, on the night of Nov. 30, 1915. The elder Dickens was shot to death, the bullet breaking a window in his house and striking him in the back. D.K. Harvey, former cashier of the Farmers and Merchants Bank at Jaroso, in southern Costilla county, who disappeared a week ago, is charged with the embezzlement of funds which may amount to $20,000. The bank has been closed by Deputy Bank Commissioner Clark, who has been making an investigation for the past week. No clew to Harvey's whereabouts has been discovered, though a warrant has been issued for his arrest. Estimates by the Durango city commissioners place the cost of running the city government next year at $2,500 less than the figure for this year. The commission has appropriated $88. 509 for the 1922 budget. The United States Civil Service Commission announces an examination for United States forest rangers to be held on Oct. 25, 1931, at the headquarters of all forest supervisors. The entrance salary is from $900 to $1,220 per year and is open to both men and women. All persons interested in the examination should write directly to the Civil Service Commission, Washington, D. C., or get in touch with the local forest supervisor. A special committee from the Denver Civic and Commercial Association has presented a request to Governor Shoup that Colorado be fully represented at the proposed conference of state water commissioners to be held in Washington on Oct. 15. The meeting is to be held in order that plans may be made for the settlement of state water disputes by arbitration in conjunction with a federal commissioner to be appointed by the President. The large mill and elevator at Olney Springs, owned by McCullough & Son, was destroyed by fire, causing a loss of $25,000. The mill was partially insured. It is understood McCullough & Son will rebuild. The Fowler fire department responded to a call for assistance in fighting the fire, but arrived at Olney Springs too late.

3. October 15, 1921 The Colorado Statesman Denver, CO
Article from The Colorado Statesman, October 15, 1921

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Article Text

(Western Newspaper Union News Service.) Men's and women's wearing apparel valued at $5,000 was stolen from the store of the Cable Bros. Mercantile Company at Windsor. Estimates by the Durango city commissioners place the cost of running the city government next year at $2. 500 less than the figure for this year. The commission has appropriated $88, 509 for the 1922 budget Frank Olsson of Telluride has a large number of large, ripe strawberries grown on his farm near the city at in altitude of 9,000 feet. The berries are delicious and he has been picking them every day for about a week. The body of John W. Glasgow, Cresone mining man, who has been missing for eight days, was discovered in the hills with a bullet hole through the chest. Apparently Glasgow had been hunting, and had fallen down in such a way that the gun discharged. Evidently death was Instantaneous Hiram Croft, 50 years old, of LaSalle, employed by J.L. Biers, a mofor truck freighter, was killed at Greeley while at work when his neck was broken. Croft either fell from a motor truck or was hit by a plank which broke in two while he and Biers were transferring a safe from one truck to another Joseph Risdon Powell, pioneer coal mine operator of Weld county, died at his home in Greeley of heart failure Mr. Powell was 75 years old and had lived in Colorado for fifty-three years. In addition to his activities in Weld county Mr. Powell at different times was associated with undertakings in Central City and in Routt county Senator and Mrs. Phipps have sailed for New York on a sea voyage that will take them to Cuba, Panama and Costa Rica. They expect to return to Washington about Oct. 24. Senator Phipps. who recently underwent an operation, is making the trip to recuoerate from his illness. He is making I satisfactory recovery. The large mill and elevator at Olney Springs, owned by McCullough & Son, was destroyed by fire, causing a loss of $25,000. The mill was partially insured. It is understood McCullough & Son will rebuild. The Fowler fire department responded to a call for assistance in fighting the fire, but arrived at Olney Springs too late. "Not guilty!" This was the verdict returned by the jury in the Rienzi Dickens murder trial at Greeley The jury was out more than fifteen hours Rienzi Dickens was charged with the killing of his father, W. H. Dickens, wealthy Longmont banker, on the night of Nov. 30, 1915. The elder Dickens was shot to death, the bullet breaking a window in his house and striking him in the back. D. K. Harvey, former cashier of the Farmers and Merchants Bank at Jaroso, in southern Costilla county, who disappeared a week ago, is charged with the embezzlement of funds which may amount to $20,000. The bank has been closed by Deputy Bank Commissioner Clark, who has been making an investigation for the past week. No clew to Harvey's whereabouts has been discovered, though a warrant has been issued for his arrest. The United States Civil Service Com mission announces an examination for United States forest rangers to be held on Oct. 25, 1921, at the headquarters of all forest supervisors. The en is from $900 and is open to men and All persons the trance per women. year salary interested both to in $1,220 should write Service examination the Civil Commission, touch directly with Wash to ington, D. C., or get in the local forest supervisor. Nearly $50,000 has been paid (em head lettuce growers at the sheds in Flor ence so far this season. this being about half the total amount for the is Fremont-Custer county district It estimated that the average yield per aere in the district tributary to this city is $300, while the best known is a ten-acre trace that yielded $6,000 worth of lettuce. Four persons were injured, one of when a large of which had been the police, exploded by them fireworks, seriously, in confiscated the supply Bath An Beach section of Brooklyn, N Y. aerial bomb suddenly went off caus the explosion. Inspector James the fire combustibles, had arm tor ing Butler of of department, his injuries. left inspectorn off and suffered other A total of $10,264.75 was expended by the state of Colorado to keep one of rangers in the months ending Oct. troop twelve field Col. 1, the Patrick accord last ing to a report made by J. Hamrock, adjutant general. During this time the rangers made 782 arrests all kinds. Of this number of arsecured 627 of rests they convictions, still pend- with 121 dismissals and 34 cases ing. Four hundred have enrolled in the Pueblo evening schools, which are bedueted at the Central and Cen-