14431. First National Bank (Deming, NM)

View Charter #3160 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3160
Charter Number
3160
Start Date
February 4, 1892
Location
Deming, New Mexico (32.269, -107.759)

Metadata

Model
gpt-5-mini
Short Digest
221e21c1

Response Measures

None

Receivership Details

Depositor recovery rate
45.5%
Date receivership started
1892-02-29
Date receivership terminated
1901-08-28
OCC cause of failure
Fraud
Share of assets assessed as good
9.3%
Share of assets assessed as doubtful
78.6%
Share of assets assessed as worthless
12.1%

Description

Multiple contemporary articles (Feb 4, 1892) report the First National Bank of Deming was closed by order of the Comptroller of the Currency. No run is described in the articles; a receiver was appointed in early March 1892, indicating permanent closure. The cause of the suspension is reported as unknown in the press. Articles also note the bank was under common management/ownership with the First National Bank of Silver City.

Events (4)
1. April 22, 1884 Chartered
Source
historical_nic
2. February 4, 1892 Suspension
Cause Details
Closed by order of the Comptroller of the Currency; contemporary reports state the cause is unknown.
Newspaper Excerpt
Under orders from the comptroller of the currency the First National bank of Silver City, and the First National bank of this city, both under practically the same management, are closed.
Source
newspapers
3. February 29, 1892 Receivership
Source
historical_nic
4. March 1, 1892 Receivership
Newspaper Excerpt
The comptroller of the currency has appointed Isaac M. Smith, McIndoes Falls, Vermont, receiver of the First National bank of Deming, and the First National bank of Silver City, both in the territory of New Mexico.
Source
newspapers

Newspaper Articles (24)
1. February 4, 1892 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, February 4, 1892

Click image to open full size in new tab

Article Text

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.

2. February 4, 1892 Evening Capital Journal Salem, OR
Article from Evening Capital Journal, February 4, 1892

Click image to open full size in new tab

Article Text

NATIONAL BANK SUSPENDS. DEMING, N. M., Feb. 4.-Under orders from the comptroller currency, the First National bank of Silver City, and the First National bank of this city, both under, practically the same management, are closed. The suspension was unexpected, and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists, that the bank here will pay all credItors in full.

3. February 5, 1892 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, February 5, 1892

Click image to open full size in new tab

Article Text

THE JUDGE RECOVERS HIS MIND. Later. The reports from Glasgow today say that Judge Bitter has recovered his mind, and that he can show that the money he obtained from the bank was in due form a loan and not misuse of the bank's money. TWO NEW MEXICAN BANKS CLOSED. Their Failure Unexpected and the Cause or Much Excitement. (By telegraph to the Dispatch.) DEMINO, N. M., February 4.-Under or. dera from Comptroller of the Currency Lasey, National Bank Examiner Lazara has closed the doors of the First National Bank of Bilver City, and the First National Bank of Deming. The two institutions are under H. the control of the same president, C. Dane. of this city, and the stockholders are largely identical. The suspension was

4. February 5, 1892 The Morning News Savannah, GA
Article from The Morning News, February 5, 1892

Click image to open full size in new tab

Article Text

TWO BANKS CLOSED. But 8 Meeting of Citizens Restores Confidence. DEMING, N. M., Feb. 4.-Under orders from Controller of Currency Lacey, National Bank Examiner Lazara has closed the doors of the First National Bank of Silver City and the First National Bank of Deming. The two institutions are under the control of the same president, C. H. Cane of this city, and the stockholders are largely identical, The suspension was totally unexpected and caused much excitement. There is strong confidence among business men that the banks will pay all creditors in full. So strong was this sentiment that within thirty minutes after the suspension became known a large meeting was held in the opera house, attended by all the representative men of the town. Resolutions were unanimously adopted expressing entire confidence in the solvency of the institutions, and stating that if the present management was continued all claims would undoubtedly be satisfied. This action tended considerably to allay public alarm. All the county and school funds for the district are in the banks The cause of the failure is unknown. The assets are not known, and the bank officials decline to make any statements. The capital stock of the Deming bank is $100,000, and of the one at Silver City, $50,000.

5. February 5, 1892 The Roanoke Times Roanoke, VA
Article from The Roanoke Times, February 5, 1892

Click image to open full size in new tab

Article Text

TWO BANKS SUSPENDED. First National of Silver City and Deming, New Mexico. DEMING, N. M., Feb. 4.-|Special|Under orders from Comptroller of the Currency Lacey, National Bank Examiner Lazara has closed the doors of the First National Bank of Silver City and the First National Bank of Deming. The two institutions are under the control of the same president, C. H. Dane, of this city, and the stockholders are largely identical. The suspension was totally unexpected and caused much excitement. There is strong confidence among business men that the bank will pay all creditors in full. So strong was this sentiment that within thirty minutes after the suspension became known a large meeting was held in the opera house attended by all the representative men of the town. Resolutions were unanimously adopted expressing entire confidence in the solvency of the institution, and stated if the present management was continued all claims would undoubtedly be satisfied. This action tended considerably to allay public alarm All the county and school funds for the district are in the banks. The cause of the failure is unknown. The assets are not known, and the bank officials decline to make any statements. The capital stock of the Deming bank is $100,000, and of the one at Silyer city $50,000.

6. February 5, 1892 The Helena Independent Helena, MT
Article from The Helena Independent, February 5, 1892

Click image to open full size in new tab

Article Text

Two Banks Under One Managemen t. DEMING, N. M., Feb. 4.-Under ord ers from the comptroller of the currency, the First National bank, of Silver City, and the First National bank, of this city, both under practically the same management, have been closed. The suspension was unexpected and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists that the bank here will pay all its creditors in full. The assets are unknown and the officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the Silver City bank $50,000.

7. February 5, 1892 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, February 5, 1892

Click image to open full size in new tab

Article Text

A BANK FAILURE HOW Hiw Causes Grent Excitement, But Business Men are Hopeful. DEMING, N, M., Feb. 4.-Under orders of Comptroller of Currency Lacey, Bank Examiner Lara has closed the doors of the First National Bank of Silver City and the First National Bank of Deming. The two institutions are under the control of the same president, C. H. Dane, of this place, and the stockholders are largely identical. The suspension was totally unexpected and caused much excitement. There is a strong feeling of confidence among the business men that the bankhero will pay all creditors in full. So strong was this sentiment that within thirty minutes after the suspension became known a large meeting was held in the opera house, attended by the representative men of the town. Resolutions were unanimously adopted expressing entire confidence in the solvency of the institution, and stating that if the present management was continued all claims would undoubtedly be satisfied. This action tended considerably to allay public alarm. All the Grant county and school funds of the district are in the bank. The cause of the failure is unknown. Many rumors are afloat, but it is impossible to place credenco in them. The assets are not known, and the bank officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the one at Silver City $50,000.

8. February 5, 1892 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, February 5, 1892

Click image to open full size in new tab

Article Text

Two New Mexican Banks Closed. DEMING, N. M., Feb. 4.-Under orders from the comptroller of the currency the First National bank of Silver City, and the First National bank of this city, both under practically the same luanagement, have been closed. The suspension was unexpected and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists that the bank here will pay all creditors in full. The assets are unknown and the officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the Silver City $50,000.

9. February 12, 1892 The State Herald Holyoke, CO
Article from The State Herald, February 12, 1892

Click image to open full size in new tab

Article Text

NEWS NOTES. WESTERN The for city ticket Liberal officers on Lake elected has raised bonus Obeyenne the building $200,000 000 a It that sooms smelter. probable the be will soon built. smelter the the year, During past carnings of of the the Foland register to eom land onico $2,626.96. amounted as receive homestead was fees $1,195.00. Mr. the Geo. attend coremonies for Home and The timber amount culture W. Childs will of the Childs at Union Printers on May Colorndo, This birth will 12. the be Mr. Childs Drexol Colorado anny Springs, universary of his visit to the far at circulated of towns Sierra to west. petition is in being the other the county ap commission of to be a Compliation Kingstock A and praying make special applied to of or the hosto or at be pital, near of for the use and Hillsboro, others. 27c; Eggs25@27 Markets. dairy 27@33: secDenver Jersey upland nifalfa $1.05 Wheat $1.45 New $1.12; Butter- Hay -new OF Outs- @750 potatoes 100 lbs: Cattle steers 20c; ond bottom $9 a 100 tbs; 65c $2.80 $3.50. cows good choice choice $1.90@ $2.50, $1.90 $2.15; native feeders. 25: choice 00@ HogsSheepchoice shorn $3.50. muttons $3.25CB 25.20.50. feeders of the creamery of common and English made ,000 and pounds to-day Manager have month, enough BAYS they the past of having the product butter 240 Most pounds of Laramic City. new Last the lacked to fill to orders. Den first and month of about the been $600 goes July the receipts were they have a very $1,800. about showing will soon and company the past This month Mr. certainly English reach thinks 700 Sun. the Charley the visitors springs. Cherry valley turkey hunting. good pounds the output per Van day Winkle Greeley went and one up of about It is said they that tame four birds, a in bought up them and shut succeed. they which after shooting of trophies th with the that their Billy skill. a saw and it; turkeyned ed returned in to town It also said feeding but along the and Billy, owner than small have matter, Las the Rawlins river became bank very row angry. and about brought home.rather paid Vegas $2 Optic. At of was there meeting Deming. the the house, opera it depositors as soon the that First known of had that Bank place closed National and doors, passed in bounded confidence the the expression cash Dane, C.H. of ier. and the Frank board Slebold, and their belief directors, asserting get would dollar e the that by extendof ing too en important e the irrigation of bank for dollar. became much aid to certain in that part Geer & Marcy, their McCarn Their to The of failure of the territory. bankington. firm have closed is cattle condition been have It is door ble arecable the vicinity. past who get years. at road men traceable behind to that for the this time will to bably going at they snop area in small certain sources due men. From and the best that double the the rethe amount it the amount obtainable more depositors. firm have dividual de of the all of every property for the they who d assigned description of their creditors. of the Salt 1. of ence being benefit Two Sergeant breakerstonovan had the expert- and a h by handcaffed woman wife, Mrs. ty the home Lake of nollee force, taken prisoners The serdiscoverDonovan. they were some y died without to turbing With e geant's ed them in while called and, the man covno plunder them. While Mrs. Dono- her which here of a bandcults their to for ne telephone it ered van put them had pair left home, sent the man and the when wagon ding the against escape robbert h if husband wrists. She then the patrol was with conshe She fident had 10 no to had help would tried have the so men have taken unsided. An was race exciting snow-shoo the 1st. Crested the point starting at 45 slopes degrees. was speed some feet per The held near hill an from angle of about to bo and in four runners each race leaving and The thing over did 100 all the of the winner three of of three his buried The #now two reach no heat the goal. from one to inners of each heat from team to a were decido final heat among of them.rom two the first heats to team five feet out of of the three contest The by winner team from of was the Lou Baney. Beecher of the and Jesso third. Hinckly, had three but These Lovesy. of the tie run, which decided justed was This heat. and in made another beautiresulted in ful 1, race. out came which first, and at Lovesy third. second of the of The closing bank Marcy: & at Geer the 1. Ratonia McCarn subject New interest g northern The throughout still that claim thowners m to meetall obliga10 they are The Las of the Mexico. of amply Vegas nb'o failure snys! said failure added tions. of the cause CRUBCS of aclation the in to n 10g The to The be oomeness deprecine of maniminal is made that,

10. February 15, 1892 Orleans County Monitor Barton, VT
Article from Orleans County Monitor, February 15, 1892

Click image to open full size in new tab

Article Text

ening. The spring term will commence March 7, with same board of teachers. Mr. Baldwin, a horse buyer from Conn., will be in town the last of this week to purchase a car load of horses. He wants good business horses of about 1,000 pounds weight-will be at American House. V. N. Spaulding is again reinstated in the Crystal Lake House, and will put it in the best of condition for the traveling public. Mr. and Mrs. Spaulding have had a large experience in hotel keeping. A pleasant time was enjoyed at the Needle and Hammer party, given by the Epworth League last Tuesday evening. Mrs. H. A. Glazier won the prize for best nail driving,and Eugene Bryant the prize for sewing on buttons. Since the fall trade nearer home eased up a little, Percival & Baldwin have been sending upholstered furniture to Virginia, Florida and other Southern states. Their goods find a ready sale wherever they are introduced. Henry Fairbrother, iceman, reports that the ice in Crystal Lake is only six to eight inches in thickness, and that the heavy weight of snow has put this some inches under water, making cutting difficult and expensive. Mr. Fairbrother is in luck in having obtained a divorce from his wife. Mrs. Hopkins, who has resided in this village for several years past, died last week and her remains were taken to Marshfield for burial. She had been in very poor health for several months, but was taken worse recently, running down rapidly to the end. Her daughter, Ida, (who was in Boston, came home to care for her during her last sickness. A reading and musical entertainment will be given at the M.E. church next Wednesday evening, under the auspices of the Odd Girls' Society. They have secured the services of Miss Carrie E. Fairman, a graduate from the College of Oratory, N. E. C. Boston, Mass., who comes highly recommended as an elocutionist of rare merit and ability. There will be fine music, and a very pleasant time is expected. Doors open at 7:30; begins at 8 o'clock. Admission, 20 cents. The danger of investing money in some far away place, where great interest and great dividends are promised, is shown by the failure of the First National Bank of Deming, and the First National Bank of Silver City, New Mexico. The capital stock of these banks was largely owned in Lyndon, and were managed by C. H. Dane and E. B. Chase, a brother and a son of C. M. Chase of Lyndon. The cause of the suspension is not yet known. Mr. Chase has gone on to discover what the matter is, and, we suppose, to help right up affairs. Ephraim Taylor, one of the oldest and best men in this town, died on Wednesday last from the immediate effects of a gangrene sore on his foot. "Deacon" Taylor, so called, although he never held the office of deacon, came to this town from Washington county about forty years ago. He lived to bury his whole family-four children and a wife. Since the recent death of his daughter, Celinda, he has had a pleasant home in the family of E. S. Nelson, who recently bought his place. Mr. Taylor was a true Christian, whose interest was in the church and its welfare. He lived well and died well. His funeral was held on Friday last, Rev. Mr. Fuller of Barton Landing, officiating. Barton Landing. Remember the school exhibition at Valley House hall, Tuesday evening. Ed. Stafford has rented and will move into the tenement in the Spencer house on Maple street. Will. J. Joslyn has bought the D. S. Stafford house and lot at $1400, and will move in the first of March. Denison S. Stafford has bought the Colby farm at Brownington Center, and will move about March 1. William Foster and wife returned Friday from their visiting tour, havino been as far west as Denver Col

11. March 2, 1892 Fort Worth Gazette Fort Worth, TX
Article from Fort Worth Gazette, March 2, 1892

Click image to open full size in new tab

Article Text

Bank Receiver. The comptroller of the currency has appointed A. C. M. Smith, McIndoes Falls, Vt., receiver of the First national bank of Deming and First national bank of Silver City, both in New Mexico.

12. March 2, 1892 Pawtucket Tribune Pawtucket, RI
Article from Pawtucket Tribune, March 2, 1892

Click image to open full size in new tab

Article Text

Receiver for Broken Banks. WASHINGTON, March 2.-The controller of the currency has appointed Isanc M. Smith of McIndoes Falls, Vt., receiver of the First National Bank of Deming and of the First National Bank of Silver City, both in New Mexico.

13. March 2, 1892 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, March 2, 1892

Click image to open full size in new tab

Article Text

National Bank Receiver Appointed. WASHINGTON, March 1.-The comptroller of the currency has appointed Isaac M. Smith, McIndoes Falls. Vermont, receiver of the First National bank of Deming, and the First National bank of Silver City, both in the territory of New Mexico.

14. March 6, 1892 Tombstone Epitaph Tombstone, AZ
Article from Tombstone Epitaph, March 6, 1892

Click image to open full size in new tab

Article Text

A NEW CARDINAL. MINNEAPOLIS-At the time of Archbishop Ireland's summons to the vatican it was reported that he was to be raised to a cardinal, but it has since been reported that he went to Ronce at the pope's invitation, to accept the position of cardinal prefect. The last time Cardinal Gibbons was jin Rome he showed the pope that the only effectual way of giving the church in this country the attention it merits, would be to have a representative at Rome. This suggestion the pope is said to have acquiesced in and promised to consider as soon as possible. CLAIMS AGAINST CHILI. WASHINGTON-The state department today received a list of verified claims of all but six of the sailors of the Baltimore against the Chilean government for injuries alleged to have been received during the riot at Valparaiso last October. The claims received today are 300 in number and range from $150,000 down to $20,000. The total amount asked is $2,065,000. FOR SANTA FE. WASHINGTON-Mr. Joseph of New Mexico was fortunate enough to secure, notwithstanding Mr. Hoffman's opposition the adoption of an amendment increasing by almost $5,000 the appropriation for the Indian school at Santa Fe. The bill was then passed. FIRST LAW SUIT. DENVER-The first Creede litigation came up in the United States court this morning in the case of the New York against the Last Chance in which the owners of he former claim ask for an injunction restraining the Last Chance people from extracting ore from their property." A RECEIVER APPOINTED. WASHINGTON-The controller of the currency has appointed Mr. J. M. Smith of McIndos Falls, Vt., receiver of the First National bank of Deming. and of the First National bank of Silver City, both in New Mexico. GARZA HARD PRESSED. SAN ANTONIO-It has now come to light that primarily the mission of Señor Alejaro Gonzales, Garza's fatherin-law, in visiting this city was to confer with General Stanley and under certain conditions arrange for 28 surrender of Garza to the military authorities. General Stanley has knowledge that Garza was seen not more than a week ago in the vicinity of the Palito Blanco ranch and that he is still hiding in the brush. ANTI-SILVER. WASHINGTON-It isestimated by the anti silver Democrate that there are from twenty to thirty Democrats opposed to the consideration of thesilver bill at this time. In ad ditionto I who would vote against a free coinage bill if it were up for passage. An inquiry made of & number of Republican members shows that thus far there has been no conference among them, nor any agreement for concerted action on the question of consideration of the silver bill. MRS. BLAINE'S REPLY. SIOUX FALLS-Mrs. James G. Blaine Jr. has written an open reply to Hon Jas. G. Blaine's personal statement. In it she does not ask sympathy, but demands justice, and requests Mr. Blaine to publish in full the text of letters quoted from. She says that

15. March 10, 1892 Bellows Falls Times Bellows Falls, VT
Article from Bellows Falls Times, March 10, 1892

Click image to open full size in new tab

Article Text

= Newport is making another effort to secure a United States public building. 1 Middletown Springs began the year with a surplus of $788.24 in the treasury. i West Dummerston selectmen have decided to build a bridge across West s river. 1 May's bobbin factory at North Troy turned out 90,000 of the wooden product last week. Ernest Booth of Essex Junction has been appointed assistant superintendent of the state reform school. t In school district No. 2 of East Poultney there are 350 inhabitants, 14 of whom are 90 years old or more. ] By the will of the late Judge Asa o. Aldis, St. Albans receives land known as Aldis hill for a public play-ground. t W. H. Mart of Burlington has a pair of suspenders that were made for his I great grandfather, and are 150 years old. I Washington county Good Templars in have adopted a resolution against the opening of the Columbian exposition on Sunday. on Col. William C. Holbrook, formerly colonel of the 7th Vermont regiment, i has been elected president of the 19th Army corps. ] A special town meeting has been called at St. Albans to see if the town will exempt the Vermont Construction company from taxation for five years. Trapper O. A. Chase of Hartland caught a silver gray fox the other day which is a very rare thing in this country. It is worth from $40 to $100. 1 Mr. and Mrs. E. B. Baldwin of Sharon , celebrated their golden wedding anniversary recently. All of their children, 10 in number, and four grandchildren were I present. . The comptroller of the currency has appointed Isaac M. Smith, of McIndoes Falls, receiver of the First National bank of Deming and of the First Naa tional bank of Silver City, both in the territory of New Mexico. ] The summary of the postoffice business I at Bennington for the year ending Decem8 ber 31, 1891, shows gross receipts of $12,059.19 and the expenses, $8438.80, of 1 which $3016.80 was for free delivery ser03 vice, leaving a net revenue to the government of $3618.39. The total amount for t the money order and registry division is 8 $33,497.29 for 4896 transactions. Regis8 tered letters and parcels handled, 2633. The death of Mrs. Smith of North I Bennington was announced and the funeral was to have occurred the 21st. On i Saturday, as the friends were in the room with the body, their astonishment was beyond description when she whom t they mourned as dead arose to a sitting posture and wildly exclaimed, "Are you going to bury me alive?" Mrs. Smith is t at present, insane from the effect of the strain upon her nerves while she lay apparently unconscious, but cognizant of all that transpired around her.

16. March 11, 1892 Sierra County Advocate Truth or Consequences, Hillsboro, Kingston, NM
Article from Sierra County Advocate, March 11, 1892

Click image to open full size in new tab

Article Text

DONA ANA COUNTY. From the Rio Grande Republican. -Last Monday afternoon at 2 p. m., Mrs. Refugio Beckwith died at her residence one mile southeast of Las Cruces, after a short illness, aged 57 years, six months and 26 days. -Sam Barlin, an old time miner died at Organ camp from pneumonia last Sunday and was buried Monday. -Messra. Numa Reymond and J. J. Dolan left Tuesday evening for Missouri, where they expect to arrange for pasturing a bunch of old cows for the San Felix Cattle Company. -The comptroller of the currency has appointed J. M. Smith of McIndos Falls, Vt., receiver of the First National bank of-Deming, and of the First National bank of Silver City.

17. June 2, 1892 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, June 2, 1892

Click image to open full size in new tab

Article Text

It will cover about 15,000 acres Navajo of once. land with water taken from the e Il river. the last meeting of the Grant members County e Commercial At club eighteen new busio They were all substantial memberjoined. The club now has a number d ness of men. forty-three. When the fee it shall ship have reached fifty the initiation members e be doubled. Many of the eight will paid their dues seven or in e have in advance and from present e dications months the club will be a permanent success.-Silver City Enterprise. t The way they do it down at Eddy: of 8 son of Dr. Thomas J. Kissner, with e 'Percv, Ohio, arrived last Sunday f some fine a in e car the buildings being e can be easily put up Valkenthe and a Van east, barn, Wert, containing stock, and framed will house be that of J. F. Van The in the "California i and son own two fine located doctor burg opposite colony." under forty cultiva- acre f which are partially vines ) tracts they also have a number of finely. and tion, fruit trees set out and doing one Their altalfa and millet shows well, a will make a good stand and the other fair crop." is reported on good authority that Receiver It Smith, of the First National has of Deming and Silver City, the 8 banks to the comptroller of at Washington that an it of the stockbolders be act probable that the currency recommended ment comptroller made will assess- and is and levy an assessment. on is paid it the settling up of the If the hasten the assessment suggestion will nearly material- affairs four of ly banks. It has now been deposthe since the failure, and the looking for a in itors future.-Silver City months the are near naturally Sentinel. dividend Henry Plata, San Juan, echoea: of La likewise took out a bunch forty Norman fat steers that he took to Denver, where they realized $41 a head. thousand eight hundred tons of alfalfa Four hay were raised by our ranchmen not a season; and of that quantity pound last is left. At one time it was thought Mr. tons would go over. Southard, 1,500 of Durango, visited this valley eggs. week and collected 120 dozen Cato last He paid twenty cents a dozen, barter, cents cash. * * * Mr. fifteen recently hauled a load of lumber He has Virden's mill, on Cherry Creek. of a from use some of it in construction will number of beehives. Mr. Cato land, is negotiating large for eighty acres of mesa dwel and in the fall will erect a frame ling. San Juan Times: What threatens to serious stabbing affray occurred bebe Monday a afternoon at Flora Vista Dave G. M. Teters and son and of tween and Ben Bragg. During the progress trial in Justice Page's court, in which the Tetera was the plaintiff and P. C. Weeks the defendant, and which finally resulted verdict for the latter, Teters became a in much a incensed at Dave Bragg, who, as witness for Weeks, gave in testimony and damaging to the plaintiff's cause, Teters after the conclusion of the trial and called Bragg out of the court room something that caused the two to said to blows. Wm. Teters stabbed come in the right side, the blade enter- and Bragg between the fourth and fifth ribs ugly ing penetrating the lung, making an this wound which bled profusely. At juncture Ben Bragg, a brother of hand the wounded man, came up and took a the scrimmage, giving young Teters that a in on the neck, a la Sullivan, minblow knocked him out, and for over five he remained in an unconscious dazed state utes for the balance of the day in a and condition. The Teters were immediately under arrest, the elder pleading fine. placed to assault and paying his placed guilty William Teters has since been under bonds to the amount of $500 to await the action of the grand jury.

18. August 12, 1892 Las Vegas Free Press Las Vegas, NM
Article from Las Vegas Free Press, August 12, 1892

Click image to open full size in new tab

Article Text

TERRITORIAL 1. A new national bank is soon to be t opened in Santa Fe. M. C. Freeman, e cashier of the Denver National bank, e is at the head of the project. The Union Pacific will extend its S line a few miles more down Red h . river, from Catskill, on account of 1 the large bodies of splendid timber. t The water company is not yet able to supply water enough for all the stamps at the Pacific mill. Ten stamps were in operation last week, but it is thought there will be water I : enough to supply all of them in a t few days. e The Consolidated Mimbres company's mill on the Mimbres river, near Georgetown, will be closed e down about the last of this month, and the company will suspend operations in the mines. Miners who hold leases will continue to work. A big concentrating plant is to be put in at the Bennett-Stephenson mine in the Organ mountains. A pipe line over two miles in length will be put in, through which the water supply for the plant will be obtained. The stockholders in the First National bank at Deming have until next Monday to pay an assessment of 82 per cent on their stock. The bank had a capital of $100,000, and if the assessment should be paid there will be $82,000 to be paid to the creditors of the bank. Mr. A. Clauson is having quite a streak of luck with bees. At his ranch on the Sugarite, one hive of bees has produced four swarms this season. What can be more convincing than this that here is the place for bee culture ?-Raton Range. The Miles Standish mine, at Lake Valley, has been bonded to Col. P. Mothersill for $30,000. This is believed to be the best mining property in Lake Valley outside the mines owned by the Silver Mining company. It has produced over $25,000 of ore, and is a very promising mine. A. C. Carwile and wife left for Iowa last week. Mr. C. had apparently recovered from his latest at. tack, and may recover entirely. His first attack, at Albuquerque, was much more violent than the subsequent one, here, when he went to Lone Monntain and stated that the Lord had told him to go to Cook's Peak. A change of climate and surroundings will no doubt be of material benefit to him.-Silver City Sentinel. Hon. Frank Springer, of Las Vegas, attorney for the applicants for an injunction against the Raton water works company taking water out of the Sugarite, had the injunction modified so as to allow the company to appropriate half the water flowing down that stream. Mr. Springer is too fair and just to ask for an unreasonable or oppressive order from the court. The people of Raton are indebted to him for his consideration.

19. October 31, 1892 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, October 31, 1892

Click image to open full size in new tab

Article Text

The Dane Banks. After nine months. a divident of 25 per cent has been declared by the defunct First National bank of Deming and 20 per cent by the First National bank of Silver City. Receiver Smith has sent on the necessary paper to the comptroller of the currency at Washington, and the funds for the payment to the creditors will be available in about ten days. Facts now seem to warrant the statement that the banks will pay about 60 cents on the dollar in final settlement, but a considerable time must necessarily elapse before matters can be closed. The stockholders are paying their assessments, the present dividend being the result of several thousand dollars received from this source a few days since. The dividend means the sum of $40,000 from the First National bank of Deming and $25,000 from the Silver City bank.

20. January 6, 1893 People's Voice Wellington, KS
Article from People's Voice, January 6, 1893

Click image to open full size in new tab

Article Text

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.

21. January 7, 1893 The Irish Standard Minneapolis, Saint Paul, MN
Article from The Irish Standard, January 7, 1893

Click image to open full size in new tab

Article Text

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.

22. June 17, 1893 Deming Headlight Deming, NM
Article from Deming Headlight, June 17, 1893

Click image to open full size in new tab

Article Text

Notice of ortgagees Sale, Under and by virtue of a certain mortgage executed by J. W. Williams and his wife Ella 8. Wii. liams on the second day of June 1898 to the First National Bank of Deming, New Mexico, Isaac M. Smith Receiver, to secure the payment of three promissory notes dated Deming, New Mexico, Fub'y 8th 1890 executed by J. W. Williams and Ella S. Williams to Frank II. Sieboid and en dorsed by the said Frank II. Miebold to the First ational Bank of Doming. New Mexico, two of said notes are for the am of Two hundred 200) Dollars each with Interest at the rate of 12 per cent from date and one of which is due If months after date and the second one 80 months after date and the third note calling upon its face for the Pum of (8400) Three hundred dollare and due in 83 months after date and Default having been made In the payment of the said notes and the interest due upon the same. Now I, Edwin L. Foster as the Receiver of the First National Bar k of Deming, New Mexico, and as the successor of Issue M. Smith Deca'd Receiver of said National Bank will well at Public Auction. the following described property vist Lots Seven (7) and eight (8) In Block No. Six (f) of the towneite of Doming, New Mêxico to. gether with all improvements thereon for Cash on the 7th day of July A. D. 1898, at ten o'clock A. M. of said day at the front d or of the properly described lap said Mortgage in the town of Deming, Grant County, New Mexico, to antisty the payment of the notes described in said Mortgage and the interest due upon the same together with coals of sale. E. L. FOSTER, Receiver First Nati nal Bank, of Deming, New Mexico. at H. L. PICKETT, Att'y for Receiver.

23. April 28, 1922 The Snowflake Herald Snowflake, AZ
Article from The Snowflake Herald, April 28, 1922

Click image to open full size in new tab

Article Text

Southwest News From All Over New Mexico and Arizona (Western Newspaper Union News Service.) First actual work on the reconstruction of the Apache trail east of Mesa to Roosevelt has been launched. In the arrest of a man who gives his name as "Albert Clark," Santa Fé police think they may have a clue of importance in solving the Vidal Lopez murder mystery. At the recent election held in Tularosa, N. M., a majority of the residents of the city went on record as in favor of the $75,000 bond issue for the building of a new waterworks. The First National Bank of Deming has closed a deal with the bank at Columbus by which the business of the latter will be transferred to Deming and will be handled by the First National here. Reports of the hunters of the Biological Survey show that 126 predatory animals have been killed in New Mexico since the first of the year. In the Black range and the Gila country many-mountain lions have been killed. Children, either in a spirit of play or unmindful of the consequences of their act, almost caused the derailment and possible wrecking of Southern Pacific passenger train at Yuma, Ariz., when they placed several spikes on tracks just south of Yuma. An "International Run" from Phoenix to Nogales, Mexico, is being planned by the Automobile Club of Arizona and the good roads entertainment committee, J. J. Montgomery, chairman, as the crowning feature of the big national good roads convention to be held in Phoenix during the week of April 24. Jewell A. Bostick, charged with importation, possession and transportation of 162 quarts of tequila, has been bound over to the federal grand jury under bond of $2,000 and committed to the Pima county jail, according to commissioner's records filed in the office of the United States District Court at Tucson. Members of the Maricopa county board of supervisors, at a recent meeting, voted to join with the supervisors and commercial bodies of Cochise, Santa Cruz, Pima, Pinal and Yuma counties in requesting the governor of Arizona and the State Highway Department to designate the Southern Arizona Interstate highway a primary interstate route. W. S. Eason, a resident of Deming, N. M., has been held to the grand jury under bond of $500, charged with Illegal voting at the recent election. While it is said that Eason had lived in the state and county the required length of time, he had been in the precinct only two weeks. His ballot was challenged at the polls but he nisisted on casting his ballot. The New Mexico Cowboys' Reunion Association voted to hold the eighth annual roundup at Las Vegas July 3, 4 and 5. Business men have raised the required purse, and the reunion will offer, as usual, $5,000 in prizes for roping, brone riding, steer bulldogging, cowboy and cowgirl races, fancy roping and riding, and all the events that go to make up a first-class rodeo. When the war finance bill, an emergency measure introduced in the Senate by Senator James Scott of Navajo county, became effective with the signing of the bill by Gov. Thomas E. Campbell, loans to Arizona cattle and sheep men by the War Finance Corporation amounting to approximately $1,500,000, which have been held up awaiting the passage of the measure, were released. Apple Blossom day, one of the biggest events in New Mexico, was held in Roswell April 18. All the business houses in the city were closed. On account of the fact that there has been little snow during the winter in the Gila country near Silver City, N. M., all visitors and tourists have been asked by the officials of the forest service to guard against fires during the summer. May and June will be the worst months and special guards will be stationed in then ational forest during these months. The forests have been well posted and everything possible done to save the country from fires. The state of Arizona stands to lose $20,000 as the result of the action of former State Treasurer Harry S. Ross in accepting the bond of the Central Finance Corporation as surety for state funds deposited with the Bank of Willcox. This is the significance of a decision handed down by the Supreme Court at Phoenix in the matter of the receivership of the bank, in which it is held that the state is not a preferred creditor as claimed by the attorney general. Governor Campbell has approved the claim of Frank S. Faurot of Weiser, Idaho, former deputy sheriff of Washington county, Idaho, for the $1,000 re-

24. June 5, 1925 The Deming Headlight Deming, NM
Article from The Deming Headlight, June 5, 1925

Click image to open full size in new tab

Article Text

What of the Future? Deming has lost its second and last banking institution. The Headlight submits that now is the time to sit steadily in the boat, for sane, think ing citizens to speak with wisdom and act with discretion. Accusations and recriminations might offer a safetyvalve for supressed feeling, but they mean nothing and ouly add to the general distress. Many Deming citizens have lost their savings, the result. in many cases. of long hard years of toil. They are entitled to the help and sympathy of every rightthinking person. A great misfortune has befallen, and it should draw the citizens together in a bond of understanding. Whatever may have been contributory causes of the failure. the fact remains that the hard economic conditions, largely brought about by the low price of cattle and the drouth, is the basic cause. These conditions caused the closing of the First National Bank, and another New Mexico bank that suspended on the*same day as the Bank of Deming. There may have been other reasons for the failure, but rehearsal of them at this time would contribute nothing toward the solution of Deming's problem. Deming citizens have not been pulling together, and the community is now gathering the bitter fruit of its failure to cooperate for the good of all. The outcome has been the simple answer to the formula of cause and result. Things could have been quite different. but it is too late to dwell on the past; what of the future' Will Deming now repent and mend its ways On the answer to that question depends the economic and social rehabilitation of this community. If every citizen will think for himself. and act in accordance with his own judgment, this city will have begun its regeneration-With charity for all. with malice toward none." The Sierra County Record is the name of a new weekly newspaper recently found among The Headlight's exchanges. It is published at Hillsboro by Lewis D. Thatcher. Hillsboro has ben quite awhile without a newspaper and no doubt the community is glad to have Mr. Thatcher fill a local need.