14481. First National Bank (Silver City, NM)

View Charter #3554 on SPMC

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
3554
Charter Number
3554
Start Date
September 1, 1891*
Location
Silver City, New Mexico (32.770, -108.280)

Metadata

Model
gpt-5-mini
Short Digest
f5bbdedd

Response Measures

Full suspension, Books examined

Other: Receiver later paid dividends to creditors; banks remained closed and in receivership.

Receivership Details

Depositor recovery rate
63.5%
Date receivership started
1892-02-29
Date receivership terminated
1905-09-30
OCC cause of failure
Fraud
Share of assets assessed as good
41.0%
Share of assets assessed as doubtful
55.8%
Share of assets assessed as worthless
3.3%

Description

The papers report an earlier run about five months before the Feb. 4, 1892 suspension (precipitated by attachment of president C.H. Dane's stock after a cattle-deal dispute). Comptroller ordered suspension Feb 4, 1892; a receiver was appointed in early March 1892 and the banks were wound up (dividends declared in Oct. 1892). Some OCR variation of the receiver's name appears in sources (A. C. M. Smith vs. Isaac M. Smith); local papers later consistently name Isaac M. Smith as receiver.

Events (6)
1. September 4, 1886 Chartered
Source
historical_nic
2. September 1, 1891* Run
Cause
Bank Specific Adverse Info
Cause Details
Run precipitated by attachment of C.H. Dane's stock after a disputed cattle deal between Dane and M.M. Chase; led to heavy withdrawals about five months prior to Feb 1892
Measures
First National Bank of Santa Fe provided substantial temporary relief (loan) to the Dane banks earlier
Newspaper Excerpt
This action precipitated a run on the banks some five months ago
Source
newspapers
3. February 4, 1892 Suspension
Cause
Government Action
Cause Details
Closed by order of the Comptroller of the Currency / U.S. bank examiner—reported as an action to avert another run and wind up affairs
Newspaper Excerpt
Under orders from the Comptroller of the Currency the doors of the First National bank of Silver City ... have been closed.
Source
newspapers
4. February 29, 1892 Receivership
Source
historical_nic
5. March 1, 1892 Receivership
Newspaper Excerpt
The controller of currency appointed A. C. M. Smith ... receiver of the First National bank at Deming and the First National bank at Silver City, both in New Mexico.
Source
newspapers
6. October 31, 1892 Other
Newspaper Excerpt
After nine months, a dividend 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.
Source
newspapers

Newspaper Articles (20)
1. February 4, 1892 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, February 4, 1892

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Like Our Sam. DEMING, N. N., Feb. 4.-Under orders from Comptroller of Currency Lacy the doors of the First National bank of Silver City and the First National bank of Deming have been closed. Capital stock of former $60,000; latter $100,000. 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 caused great excitement. So strong was the sentiment that the bank would pay all creditors in full that at a mass meeting held in the opera house a few moments after the suspension became known, resolutions of confidence were adopted.

2. February 4, 1892 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, February 4, 1892

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BANKS GO DOWN. The Dane Banks at Silver City and Deming and Marcy's Bank at Raton Close Their Doors. The Santa Fe banks received a wire last evening announcing that the First National bank, of Silver City, and the First National, of Deming, were closed yesterday by order of U.S. Bank Examiner J. G. Lazear, of Omaha. A formal notice from Bradstreet's to-day confirmed the news. C. H. Dane, of Deming, is at the head of both these institutions. The Santa Fe banks had no business connections with them. For the past six months these institutions have been regarded as shaky. The difficulty originated in a cattle deal be. tween Mr. Dane and M. M. Chase, of Colfax county. The latter claimed that Mr. Dane had in some manner violated their agreement and proceeded to attach Mr. Dane's stock in these two banks. This action precipitated a run on the banks some five months ago, but the trouble was tided over, the First National bank of Santa Fe lending substantial temporary relief to the Dane banks at that time. Since then, however, the banks have not been doing well and it is probable that the action of the U. S. bank examiner was prompted by a desire to avert another run and let all depositors, comparatively few in number, out on an equal footing. Vermont capitalists are stockholders in these banks, and it is thought the business can be wound up without material loss to either stockholder or depositor. RATON'S BANK CLOSED. At noon to-day came the announcement of the suspension of the Marcy, Greer & McCarn bank, a private institution, an I the only bank at Raton. This bank closed its doors this morning on the receipt of a telegram from its New York connections that its paper could no longer be honored. Things have been in a bad way with this bank for nearly a year, and its suspension is not a surprise in financial circles here. It is possible that live stock and realty investments had much to do with the crash. The amount of deposits can not now be stated. Notwithstanding it was the only bank in Coltax county it is thought comparatively few of the prominent stockmen carried their accounts there. The depositors are mostly A., T. & S. F. railroad and coal mine employes, and upon these the loss will probably fall very heavily.

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

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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.

4. February 5, 1892 The Morning Call San Francisco, CA
Article from The Morning Call, February 5, 1892

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Banks Closed. DEMING (N. Mex.), 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 management, have been closed. The suspension was unexpeeted, 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 the creditors in fuil. The assets are unknown, and the officials decline to make any state-

5. February 5, 1892 Morning Journal and Courier New Haven, CT
Article from Morning Journal and Courier, February 5, 1892

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TWO BANKS CLOSED. The First National of Silver City and of Deming, N. M., Ordered to Stop Business. DEMING, N. M., Feb. 4.-Under orders from Cromptroller of Currency Lacey, National Bank Examiner James B. Lazara yesterday 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 bank here will pay all creditors in full. The cause of the failure is unknown. Many rumors are afloat but it is impossible to place credence in them. 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 that of the bank at Silver City $50,000.

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

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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

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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

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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 5, 1892 Wheeling Register Wheeling, WV
Article from Wheeling Register, February 5, 1892

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TWO BANKS CLOSED. The People Seem to Have Great Confidence in the Institutions, Though. DEMING, N. M., February 4.-Under orders of Comptroller of Currency Lacey, 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 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 bank here 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 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 for the district are in the banks. The cause of the failure is unknown. Many rumors are afloat, but it is impossible to place credence 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.

10. February 6, 1892 Arizona Weekly Citizen Tucson, AZ
Article from Arizona Weekly Citizen, February 6, 1892

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eur ou OUM SJ0000J imprisonment in the United States penitentiary and who are in the county jai', last night made a desperate attempt to escape. They together with other pr., soners bad been allowed to exercise n the corridor of the jail. When the time came for returning the pri ners to their cells Eldridge and 1 urti hid some u 'UI 08 you pip pur requested way Eldridge had received ra .Γ. When the single guard who wa in charge of the prisoners missed the two robbers he began a rearch for them. Suduenly he was seized from behind by Curtis и hile Eldridge held the razor ,ver the guard's throat demanding the keys of the jail. The guard, instead of on pl ing, began shouting for assistince. which soon arrived and the two to peanner pue релемодлело erem new their cells. ST LOUIS, Mo., Feb. 4.-The grand of dicers of the switchmen, trainmen, corluctor's and operator's brotherhoods are 10 session here for the purpose of disB JO the for scheme 8 Buissne ederation of all the railway organizaMons of the United States to supplant he old federated council. A plan of federation was submitted by Messrs. Mitchell, of the switchmen's brothe nood, Thurston, of the operators, and Morrissey, of the trainmen. It is probible that the plan suggested, with some modifications, will be adopted. PORTLAND, Feb. 3.-A severe earthquake shock occurred here at 8:30 o clock tonight. Brick buildings swayed and windows rattled, terrifying the inmates, who in many instances rushed into the street. The shock lasted about thirty seconds and was probably the most severe earthquake ever felt in this city. *euop was demand ou UMOUR SB far As SAN DIEGO, Cal., Feb. 4.-General Dunat a wealthy resident of Chicago, an ex-commander of the legion of honor who is stopping at Hotel del Coronado for several days was married this morning to Miss Dupont, a niece of one of his former wives and for some time a governess in his family. Miss Dupont 09 about SI Reneral the while 7.7 SI ATLANTA, Ga, Feb. 3.-It is reported that a man named John Boyd is in jail in North Carolina on his own confession that he was the principal in the wrecking of the Richmond & Danville train near Statesville September 6th. Twenty persons were killed 10 he wreck. Robbery was the motive of the crime. TAHLEQUAH, I. T. Feb. 4.-Waco Hampton, the noted Indian desperado, was killed last night by Deputy United the uo SUM очм Bruner's H in Varraball lookout for Hampton and came across him in the mountains. Hampton was a young man, but his criminal history was a long and desperate one. PROVIDENCE, R.I., Feb. 3.-Mrs. Barnaby' will, known as the Worrell will, SEM Part Chester, at ервш probate today. &Appointment of Dr. Graves as executor wasdeferred, protest being entered by Worrell. ASTORIA, Or., Feb. 4.-There was three distinct shocks of earthquake here tonight at 8:27 o'clock. It lasted about three seconds, causing houses to shake perceptibly but no damage was done. PARIS, Feb. 4.-Afternoon papers conbere eq: w.p cial troubles of a large banking house in this city. Two members of the firm announced were arrested last night and examined. The names of several houses are mentioned as being in trouble, but there is no certainty which are involved. OTTAWA, Feb.4.-The Empire,govern~ -un SI 4I,, :SABS 'ueSJo quem derstood that Mackenzie Howell, acting Minister of Justice, and J.E. Foster Minister of Finance, will leave for Washington on Monday or Tuesday ext, to discuss by appointment with United States authorities an the question of trade between the two countries DEMING, 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 same managemer t have been closed. The suspension was unexpected and caused much excitement. The capital stock of the Deming bank is $100,000 and that of the Silver City bank $50,000. REALITIES, Tex., Feb. 4,-All forces state, and federal are on the move "for final assault on Garza'sstronghold. Two more prisoners have arrived in the ran gers' camp, taken in recent marches It is not thought that another fight will. take place before next week, but then troops expect to wind up all preliminaries. GREENWICH, Conn., Feb. 4.-Charles Waterberry who abducted his cousin, little Ward Waterbury, was arrested last night This morning Waterbury, M Cann and Southerland, his confederates were arraigned in court. LONDON, Feb. 4.-The will of the late Cardinal Manning was opened today. It shows he possessed less than 100,000 pounds, which was in cancels and collections The benevolence of the cardinal was well known. MENTONE, Feb. 4.-Services over the remains of Rev. Mr. Spurgeon, took pla at the scotch church here today, after which the body wastaken to London for interment. NEW YORK, Feb. 4.-Russel Sage, favorite nephew of Russel Sage, the capitalist, died this morning from meningitis. He was fifty three years old and unmarried.

11. February 19, 1892 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, February 19, 1892

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OFFICIAL NEWS. A Penitentiary Commissioner and District Attorney Named by the Governor-Gossipy Notes. The governor has just made two inportant appointments. One is of Thomas McQuiston as penitentiary commissioner in place of Hon. T. D. Burns, resigned. Mr. McQuiston is a resident of Rinconada, Rio Arriba county, where he is the leading merchant and has an extensive orchard. He was strongly recommended by Mr. Burns as his successor, and has the confidence and respect of all the people in the upper Rio Grande valley. In the district composed of Lincoln, Chavez and Eddy counties, District Attorney Hawkins resigned, owing to the pressure of his private practice. There were several candidates for the position, but the claims of Lincoln county seemed indisputable, both because it is the mother county and has the bulk of the population, and also because the Pecos valley had the last district attorney. The Republicans of Lincoln, so far as heard from, all united in asking the appointment of George B. Barber, the oldest atterney there, he being endorsed by both members of the territorial committee, the chairman of the county committee, the editor of the Republican county paper; Mr. Barber has accordingly been appointed. Governor Prince expects to leave for the Trans-Mississippi congress this evening in order to be at New Orleans at the opening on Tuesday morning. This bids fair to be a very important meeting, and it seemed necessary that the territory should be represented. It is understood that the governor proposes to bring up the matter of New Mexico statehood and have a resolution passed on the subject, as well as present the facts of the case as forcible as possible to the congress. The alien law, and limitation of ownership of domestic corporations will also receive attention, and the irrigation question will be discussed at length. It is hinted as likely that Hon. Trinidad Alarid, of Santa Fe, formerly territorial auditor, will be appointed by the comptroller of the currency to be receiver of the First National bank at Silver City. Under the law no stockholder, creditor or debtor of the bank, nor resident of the town wherein the bank is located, is qualified to act in the capacity of receiver. Great news gatherer, the Associated Press is. On Saturday the 13th inst. a few Indians on the Mescalero reservation got hold of liquor and engaged in a quarrel among themselves resulting in the death of tour bucks. Last Monday the news was published all over the west but the Associated Press sent it out from Washington city yesterday as fresh news. The governor has offered a reward of $100 for the capture and conviction of Jose Reyes Anzera, a pueblo Indian, indicted in Bernalillo county for the murder of Remijio Abeytia, also an Indian, in January, 1891. U. S. patent for the land on which H. G. Whitcomb resides near Albuquerque (that includes the famous Whitcomb's summer resortin the Sandias) has arrived at the local land office. New pensions have been granted the following residents of New Mexico: Anastacia Cordova, Juan Valencia, Miguel Sanchez, David Kinsey, David Long. A notice from Commissioner Carter announces that the U. S. land office at Folsom will be closed on April 6 and opened at Clayton on April 14.

12. March 2, 1892 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, March 2, 1892

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ROUND ABOUT TOWN. Paid your poll tax? Many strangers in town. Ash Wednesday this, the first day of Lent. Regular meeting of Carleton post, G.A. R., at 7:30 p. m. Visiting comrades cordially invited. What's is the matter with that new sidewalk proposed for Palace avenue? Property owners petitioned for it a month since and yet, and yet-. Word has been received by the governor that Isaac M. Smith, of Vermont, has been appointed receiver of the First National banks at Silver City and Deming. Lieut. Wm. Paulding, A. Staab, Major McKinney, Geo. H. Cross, Arthur Robertson, T. J. Curran, R. E. Couey, Joseph Conklin, L. F. Parker and Frank Hudson were last night admitted as members of the Athletic club. The club now has a total membership of fifty-one. Mrs. Mary Teats, territorial superintendent of jail and prison work for the W. C. T. U., is in the city to-day, and paid a visit to the penitentiary. She goes shortly for a month's lecturing tour through Nebraska, thence on a similar mission to California and Texas. There was no plaza concert yesterday afternoon, but instead the 10th infantry band took up a stand in front of the Palace hotel at 5:30 and serenaded the justices of the land court. The memberz of the court sat out on the second floor piazza and enjoyed the music immensely. Don't fool with indigestion. Take Beecham's Pills.

13. March 3, 1892 The Austin Weekly Statesman Austin, TX
Article from The Austin Weekly Statesman, March 3, 1892

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RECEIVER OF TWO BANKS. WASHINGTON, March 1.-The controller of currency appointed A. C. M. Smith, McIndoe+ Falls, Vt., receiver of the First National bank at Deming and the First National bank at Silver City, both in New Mexico.

14. September 27, 1892 Southwest-Sentinel Silver City, NM
Article from Southwest-Sentinel, September 27, 1892

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Personal. J. R. Johnson was down to Hadley last week. Hyman Abraham and family have gone to San Francisco. Idus L. Fielder has returned from a trip to Gold Hiil. John H. Lester was in from the Mimbres last Saturday. J. H. Mathews made a flying trip to Deming last Friday. Judge Bantz was up to Pinos Altos yesterday on business. E. B. Chase returned from a trip to Las Cruces last week. Mrs. J. A. Harlan, of Rincon, was visiting in the city last week. A. B. Laird is in the city doing some very earnest campaign work. Prof. G. W. Miles is out in the country looking after his political interests. T. N. Childers, republican candidate for assessor, was at Deming last week. Horace Gerber was in the city last week. He is engaged in mining in Mexico. Miss Emma Williams, who has been visiting Mrs. A. J. Loomis, has returned to Fort Smith, Ark. Rev. Pierce expects to leave for the east next week. He does not intend to return to Silver City. Mrs. Harry W. Lucas, who has been in the east for several months, returned home last Friday Isaac M. Smith, receiver of the First National Bank of this city was here from Deming last Friday. W. F. Aiken was out last week feeling the public pulse in reference to the nomination for probate clerk. M. W. Porterfield, repuplican candidate for probate judges was out on an electioneering trip last week. J. W. Gillett was down in the southern part of the county last week looking over the political situation. Judge James Mullen has gone to Colorado on a visit to his children. He has not seen them for several years. J. M. Fritter has returned from Raton where he attended the session of the grand lodge of Knights of Pythias. Miss Callie Gerber, who has been visiting her brother in law, J. E. Sheridan returned to her home in Ohio last Tuesday. S. E. Gill, of Pittsburgh, was in the city last week. He is one of the purchasers of the Jim Crow mine in the Steeple Rock district. Miss Kate Thompson, who is spoken of a candidate for superintendent of schools before the coming democratic convention, visited Deming last week. Perry B. Lady will visit several of the precincts in the county this week. He will be elected to the legislature from this district by a handsome majority and there will be a Lady in the legislature next winter for the first time.

15. October 4, 1892 Southwest-Sentinel Silver City, NM
Article from Southwest-Sentinel, October 4, 1892

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Personal. B. T. Link is in the city from the Mimbres. C. F. W. Schmidle is in the city from the Burros. H. H. Betts has purchased the residence occupied by C. P. Crawford. E. L. Hall, candidate for the council from this district, was in the city yesterday. Road Supervisor Durkee is doing some substantial work on the streets of this city. Fred. M. Smith, of the firm of Smith & Fleishman, of Deming, arrived Saturday afternoon. Jno. J. Quinn, one of Deming's leading merchants, attended the democratic primary here Saturday evening. J. J. Kelly went to Albuquerque last Sunday morning to attend the session of the Masonic grand lodge there. Mrs. C. A. Thompson is visiting at Nashville, Tenn. She will be absent about two months. Isaac M. Smith, receiver of the First National Bank of this place was here looking after bank matters last week. Mrs. Achison, who is well known in society circles here, was married to Mr. Ingraham, of Chicago, on the 21st. ult. Prof. G. W. Miles returned last Thursday evening from a trip through the precincts in the eastern part of the county. R. H. Speed, of the Round House ranch, has purchased an interest in McMillen's meat market and will remove to this place. Telegraph Operator Gray of the Western Union office here went to Albuquerque last week. He expects to remove there soon with his family. Alvin F. Sortwell, of Boston, one of the members of the Maud S. Mining company arrived here last week and went out to Silver Creek to the mine. J. H. Mudge, agent of the Atchison, Topeka and Santa Fe company here has returned from Chicago where he was married recectly and has resumed his duties. Mr. and Mrs. Mudge are living in the Langer residence on Bullard street.

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

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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.

17. November 22, 1892 Southwest-Sentinel Silver City, NM
Article from Southwest-Sentinel, November 22, 1892

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Silver City. 8:45 a. m Deming. 11:15 Nutt 11:25 Rincon 12:20 p. m. Las Cruces. 1:45 El Paso. 3:20 Kansas City 3:45 Chicago... 6:25 p.m. 7:00 a. m. 8:03" OTTO ARNOLD, Agent. There was a dance at Morrill Hall last Friday evening. Several aspirants are already in the field for the Silver City post office. After the first of January the treasurer's office will be in Silver City. The board of County commissioners will meet today. Judge Ginn is acting district attorney in the absence of District Attorney Ancheta. The people of Deming are still waiting for work to be actively commenced on the new railroad into Mexico. Hunters are beginning to bring in deer from the mountains. They seem to be plenty this year. There has been no Indian news for the past few days and theKid and his band are supposed to be in hiding in the mountains. Taxes have been coming in very slowly this year and there will be a large delinquent list when Sheriff Lockhart goos out of office. To Let-a number of U. S. post offices, after March 4th, 1893. For terms and conditions apply to G. Cleveland, Washington, D. C. G. W. Miles, superintendent of schools of this County has just finished his annual report to the Territorial superintendent. A city pound has been built near the residence of Martin Maher. Stray stock will be fed and watered there at the expense of the owners. Tickets will be sold at reduced rates to El Paso for the silver convention which opens there December 5. Entertainment at Pinos Altos on Thursday night next. Everybody invited. Admission free. The coal famine in southern New Mexico is at an end. Work has been resumed in the mines at Cerrillos and all orders are being promptly filled. Next Sunday evening it is expected that there will be a brilliant display of meteors. The sight will be worth looking at. Charles M. Shannon, formerly a resident of this city, was elected to the Arizona legislature, from Graham county, at the late election. Three out of every four men you meet on the streets, wearing new hats, are democrats. They are wearing them to please their republican friends. John A. Moses will soon remove to the Gila, where he will take charge of the business of the Lyons & Campbell Cattle Company. The company's office here will be discontinued. There has been some complaint about the apportionment of school money. School funds should be apportioned so that there may be no difficulty in keeping the schools in session. This is the quietest term of court which has been held in Grant County in recent years. There is no grand jury and consequently no witnesses were summoned to testify in cases awaiting the action of the grand jury. The citizens of Oak Grove voted for a justice of the peace at the recent election. They were not aware of the fact that the law provides for the elction of justices of the peace in January. The board of County commissioners took no notice of the vote for justice of the peace in Oak Grove precinct. Considerable civil business has been disposed of at the present term of court and it is expected that the civil docket will be pretty nearly cleared up before court adjourns. The interest on the bonds of this County, which fell due last July, is still unpaid. It is not a very high compliment to Grant County to have the interest on its bonded indebtedness defaulted for nearly five months. The receiver of the First National Bank of this city has a number of cases in court which were brought on overdue notes held by the bank. Holders of certificates of claims against the First National Bank of this city can get checks for the first dividend of 20 per cent. by presenting the certificates at the bank and signing receipts for the checks. A new time table will go into effect on the A., T. & S. F. next Sunday. The time between this place and Chicago will be shortened considerably. Quite a number of residents of this city have signified their intention of attending the Silver Convention at El Paso which onens on the 5th of December

18. November 22, 1892 Southwest-Sentinel Silver City, NM
Article from Southwest-Sentinel, November 22, 1892

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The receiver of the First National Bank of this city has a number of cases in court which were brought on overdue notes held by the bank.

19. December 13, 1892 Southwest-Sentinel Silver City, NM
Article from Southwest-Sentinel, December 13, 1892

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The receiver of the First National Bank of this city has given up the room which has been occupied by him and all persons who have papers in the vault should call and get them at once.

20. February 10, 1893 Western Liberal Lordsburg, NM
Article from Western Liberal, February 10, 1893

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Article Text

Isaac M. Smith, the receiver of the defunct banks of Silver City and Deming, died at his home in Vermont on the 26th. Mr. Smith went home to spend the holidays. He caught a severe cold, which turned into pneumonia, causing his death. A meeting of the depositors of the First national bank of Silver City was held this week at which a resolution was passed asking the comptroller of the currency to appoint a man in Mr. Smith's place who was not a stockholder in either bank. It is thought that a non stockholder would be a little more anxious to pay dividends and not quite so anxious to save the stockholders' pockets.