14429. Deming bank (Deming, NM)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 16, 1895
Location
Deming, New Mexico (32.269, -107.759)

Metadata

Model
gpt-5-mini
Short Digest
03d6cb3e

Response Measures

None

Description

Multiple articles (1895–1896) refer to the Deming bank as defunct and to Receiver E. L. (or E.) Foster handling affairs, levy of execution, and no dividend set — indicating the bank had already suspended and been placed in receivership and did not reopen. No article describes a run prior to suspension; events are post-closure/receivership.

Events (5)
1. August 16, 1895 Receivership
Newspaper Excerpt
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.
Source
newspapers
2. August 19, 1895 Receivership
Newspaper Excerpt
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.
Source
newspapers
3. November 8, 1895 Receivership
Newspaper Excerpt
No date has been set, however, for Receiver Foster of the defunct Deming bank to pay a dividend.
Source
newspapers
4. March 6, 1896 Receivership
Newspaper Excerpt
E. L. Foster, the receiver of the defunct Deming and Silver City banks.
Source
newspapers
5. May 25, 1896 Receivership
Newspaper Excerpt
The office has been seized by the sheriff under an execution issued on a judgment obtained by Receiver Foster of the Deming bank.
Source
newspapers

Newspaper Articles (5)
1. August 16, 1895 Western Liberal Lordsburg, NM
Article from Western Liberal, August 16, 1895

Click image to open full size in new tab

Article Text

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 eighty-two dollar 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 that 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 Brother hood 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 be promised on his return to follow in the footsteps of the Hon. David Politician Curr and print a statement of tis 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 bim to

2. August 19, 1895 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, August 19, 1895

Click image to open full size in new tab

Article Text

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.

3. November 8, 1895 Western Liberal Lordsburg, NM
Article from Western Liberal, November 8, 1895

Click image to open full size in new tab

Article Text

THE United States supreme court has entered this: "No. 550. Stephen M. Folsom, plaintiff in error, vs. the United States; motion for leave to make oral argument herein granted, and cause assigned for hearing on the third Monday in November next, after the cases already set down for that day." No date has been set, however, for Receiver Foster of the defunct Deming bank to pay a dividend.

4. March 6, 1896 Western Liberal Lordsburg, NM
Article from Western Liberal, March 6, 1896

Click image to open full size in new tab

Article Text

A few weeks ago the Silver City Sentinel copied an article from the LIBERAL telling of some of the escapades of E. L. Foster, the receiver of the defunct Deming and Silver City banks. Last week Thursday Receiver Foster caused an execution to be levied upon the Sentinel plant to secure payment of a judgement against the Steeple Rock mining company, of which the owner of the Sentinel is alleged to be a partner. The Sentinel appeared all right this week and promised to show that a mistake had been made. People and papers who ever had dealings with the Dane banks should be careful what they quote from the LIBERAL relative to Receiver Fester. The LIBERAL occupies a unique position. Its owner never was indebted to the Dane banks. On the contrary the bank owes him good, hard money.

5. May 25, 1896 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, May 25, 1896

Click image to open full size in new tab

Article Text

NEW MEXICO NEWS. The Deming public schools will close on Friday. H. B. Reid shipped 700 head of cattle from San Marcial on Monday. Judge S. B. Newcomb has returned to Las Cruces from Washington. The Democrats of San Miguel county will hold their county convention on June 13. Mrs. Ernest Meyers, of Albuquerque, is dangerously ill in Denver. Mr. Meyers has gone to her. Nearly 200 car loads of cattle were fed in San Marcial this week, en route to ranges further east. Thursday was a big day at the A buquerque stock yards. There WETO about 100 cattle cars on the switch tracks, and about 000 cattle were stopped the the yards and branded. This county should see to it that Hon. W. .S. Hopewell is sent as one of the delegates to the national Democratic convention at Chicago. He is the greatest silverite of them all.-Hillsboro Advocate J.J. Hagerman has wired the augar company at Eddy that five tons of beet seed arrived in New York and are now en route to Eddy. This supply will arrive in a very few days, and there will then be no occasion for delaying to plant through lack of seed. Surveyor W. W. Jones left San Marcial for Mogollon this week, going completely equipped to commence the survey of the wagon road that will connect Magdalena, Socorro, San Antonio and San Marcial with the leading mining camp of New Mexico.-San Marcial Bee. Ed. S. Orr, who has been manager of the Roswell newspaper ventures of W. Mollane, has retired from that position, being succeeded by James W. Mullens, of that place, a gentleman having some experience in the journalistic line. Mr. 1 Orr is afflicted with heart trouble and will seek 8 lower altitude.-Eddy Argus. On Wednesday morning Decatur Neff y made an assignment of his business to E. H. Neff for the benefit of his creditors. f The stock consists of crockery,glassware, cigars, fruits and notions. The assigne ment was a surprise, as everybody e thought the young gentleman was doing a good business.-Silver City Sentinel. n A. B. Laird, tax collector of Grant D county, went to New York recently and n during his absence the report that he fled e because of discrepancies in his accounts e had been circulated. There appears to be no just foundation for such reports. , e His deputy has paid over $6,000 to the treasurer since Mr. Laird went away, and he declares that the collector's books and 8 accounts are perfectly straight. The rumors seem to have been started by Laird's enemies. Wool shipments continue to come in Since last report J. F. Matheson has re& ceived 30,000 pounds from Peter and Lee Corn; 32,000 pounds from George and C. h, F. White; 20,000 from George and John n Beckett; 6,000 from Davis & Cameron 10,000 from John Burne; 3,000 from Henry Robb, and another load of the Crawford wool from the plains. All the completed shipments have been sold to Eiseman, buyer from Boston. This in cludes the Beckett, White and Corn wool. d Thursday, Henry Robb brought in 2,800 in more pounds.-Eddy Argus. ., The Southwest Sentinel, Allan McDond ald publisher, is no more. The office has he been seized by the sheriff under an exe oution issued on a judgment obtained by G. Receiver Foster of the Deming bank in a a suit to recover the amount of a note in in dorsed by McDonald. The judgment was he obtained some time ago, and an injune or tion was issued and execution postponed g Judge Hamilton dissolved the injunction w and the sheriff levied upon the Sentinel of Receiver Foster wished to turn the paper over to D. P. Carr, but Sheriff Shannor refused to appoint Carr a deputy and the aoffice is closed. Mr. McDonald will take d he an appeal to the supreme court. re