14526. State Bank and Trust company (Carson, NV)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 25, 1907
Location
Carson, Nevada

Metadata

Model
gpt-5-mini
Short Digest
9e8eb5d7

Response Measures

None

Description

The bank closed its doors in late October 1907 (suspension). No run is described in the articles. The state bank commission petitioned for a receiver in April 1908 and a receiver was appointed May 18, 1908; subsequent attempts to reopen by assessment failed and the institution remained in receivership and effectively closed. Causes cited are bank-specific asset problems (an uncollectible $400,000 loan secured by stocks) and later indictments for embezzlement of directors. I corrected/standardized the suspension date to 1907-10-25 based on contemporary reports stating Oct. 23/25, 1907.

Events (4)

1. October 25, 1907 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Inability to realize on stocks held as security for a $400,000 loan to the Sullivan Trust company; later indictments for embezzlement of directors.
Newspaper Excerpt
The State Bank and Trust company, with headquarters at Carson ... closed its doors.
Source
newspapers
2. April 23, 1908 Other
Newspaper Excerpt
The state bank commission ... petitioned the district court to appoint a receiver for the State Bank and Trust company, which closed its doors October 23. The petition sets forth ... all efforts had failed. The amount of deficiency is $451,000.
Source
newspapers
3. May 4, 1908 Other
Newspaper Excerpt
The directors and many of the stockholders ... agreed to raise the necessary money to meet an assessment of $100 the share ... If the money is raised then the bank will be reopened and the application for a receiver denied or withdrawn by consent.
Source
newspapers
4. May 18, 1908 Receivership
Newspaper Excerpt
Judge Langan ... appointed Frank Wildes ... as receiver of the State Bank and Trust company, which suspended last October. Bond was fixed at $1,000,000. The failure involved liabilities of over $400,000.
Source
newspapers

Newspaper Articles (11)

Article from Willmar Tribune, October 30, 1907

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nail mills at Ensley, coal mines at Altoon and Virginia City and ore mines throughout the Birmingham district, as well as coke ovens and other prop. erties. Moses Taylor of New York is president and E. T. Schuler of Birming. ham general manager. The petition filed in court here alleges that the company committed an act of bankruptcy in acknowledging in writing its inability to pay its debts. It is also averred in the petition that the defendant company has been insolvent for six months. The petition asks that it be adjudged a bankrupt and that receivers be appointed. Philadelphia Firm Insolvent. Philadelphia, Oct. 24.-Local banking and business circles received a surprise Thursday when it became known that the Fisheries company, a corporation which is the principal factor in the Menhaden fishing industry, with offices in this city, has been declared insolvent and temporary receivers appointed. Joseph Wharton of Philadelphia, the millionaire iron merchant, is president of the company and that the concern had encountered financial difficulties, therefore, occasioned the more surprise. The action, however, was taken upon the petition of Robert R. Haydock, vice president of the company. The impression prevails that Mr. Wharton will help it to meet its obligations. Run on Baltimore Bank. Baltimore, Md., Oct. 25.-The eastern branch of the Home bank was today subjected to a run by small depositors, who with drew about $15,000 in amounts of from $5 to $10. The bank is a small private concern run by Bernstein, Cohen & Co., who say their savings deposits amount to about $35,000 in addition to which they claim a fair line of commercial accounts. Start Run on Providence Bank. Providence, R. I., Oct. 25.-Depositors at the Union Trust company in this city began about noon Thursday withdrawing their money. Before the close of banking hours large numbers had been paid. Marsden J. Perry is president of the Union Trust company. Mr. Perry is also connected with the Trust Company of America, the New York institution which for two days has withstood an unusually heavy drain. The Union Trust company was organized in 1894 with a capital of $500,000. Its last statement showed deposits of $28,721,489, resources $31,222,693, surplus $2,001,204. Nevada Bank Closes its Doors. Reno, Nev., Oct. 25.-The State Bank and Trust company, with headquarters at Carson and branches at Goldfield, Tonopah, Manhattan and Blair, closed its doors. The state bank examiner is in charge. T. B. Hickey, president of the bank, is one of the wealthiest men in the state and the bank's assets are thought to exceed its liabilities. Inability to realize on stocks held as security for a $400,000 loan to the Sullivan Trust company is believed to have added to the bank's difficulties. Ask Receivers at Butte. Helena, Mont., Oct. 25.-A long-distance telephone message from Butte says two applications were made in court for the appointment of receivers for the State Savings bank, which closed its doors last week. State Bank Examiner Collins gave out a reassuring statement late today which intimated that a movement is on foot looking to the reopening of the bank.


Article from Los Angeles Herald, April 24, 1908

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RICKEY BANK TO BE MANAGED BY RECEIVER State Commission Asks District Court to Appoint Man to Admin. ister Affairs of the Institution By Associated Press. CARSON, Nev., April 23.-The state bank commission at a meeting this afternoon petitioned the district court to appoint a receiver for the State Bank and Trust company, which closed its doors October 23. The petition sets forth that the cause of delay in asking for a receiver was to give the directors and others a chance to rehabilitate the bank, but that all efforts had failed. The amount of deficiency is $451,000. Several of the directors and officials connected with the inner affairs claim the bank even under the direction of a receiver will pay dollar for dollar. Since the closing of the bank the liabilities have been decreased over $1,000,000. President Rickey declined to make any public statement, as he is under indictment, along with the other directors, on a charge of embezzlement. A receiver will probably be appointed by the end of the week.


Article from Daily Independent, May 4, 1908

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Outlook For Bank The outlook for the opening of the State Bank and Trust company is said to grow better daily according to the affairs of the bank. The directors and many of the stockholders who are not directors have agreed to raise the necessary money to meet an assessment of $100 the share on the stock, and those who cannot raise the money are arranging for friends to take over the stock and then protect them with notes. It is likely that sometime the coming week another meeting will be held by the stockholders of the institution and it will be ascertained just what the present status is. No action can be taken before May 15th but at that time the directors hope to have the necessary assessment raised and then to make a showing in court. If the money is raised then the bank will be reopened and the application for a receiver denied or withdrawn by consent.Carson News.


Article from Los Angeles Herald, May 19, 1908

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APPOINTS RECEIVER FOR STATE BANK AND TRUST By Associated Press. CARSON, Nev., May 18.-Judge Langan of the district court here today appointed Frank Wildes, deputy state treasurer, as receiver of the State Bank and Trust company, which suspended last October. Bond was fixed at $1,000,000. The failure involved liabilities of over $400,000. It is believed that the bank will eventually be able to pay 50 cents on the dollar. Many attempts have been made to reopen the institution. All of the directors and a number of the officials of the bank are under indictment on the charge of embezzlement.


Article from Tonopah Daily Bonanza, September 27, 1908

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PERSONAL MENTION George Thatcher is in Goldfield. F. M. Fields paid a visit to Goldfield yesterday. Harry Price returned from Goldfield yesterday. Lewis A. Parkhurst went over to Goldfield yesterday on business. Harry Crockett visited Goldfield yesterday, returning in the evening. Congressman George A. Bartlett was a Goldfield passenger yesterday afternoon. Mrs. H. H. Warburton and children returned yesterday from a visit to Stone Cabin. Miss Katherine McCarrey came over from Goldfield last evening to visit her sister, Miss Mame McCaffrey. F. L. Wildes, receiver of the State Bank and Trust company, returned to Carson yesterday. From there he will leave shortly for Los Angeles, where he will spend a brief vacation.


Article from Los Angeles Herald, November 17, 1908

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# Sues Former Bank Directors CARSON, Nev., Nov. 16.-Frank Wildes, receiver of the State Bank and Trust company, which failed more than a year ago, has started suits against all of the directors. In his complaint he states that the directors allowed the transfer of accounts after the bank had failed, thus depriving the depositors and creditors of the gilt edged securities and leaving nothing collectable as assets. As they are under indictment. and the trial of President Rickey is pending, it has further complicated the situation.


Article from Tonopah Daily Bonanza, February 12, 1909

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PERSONAL MENTION Harry C. Stimler was over from Goldfield yesterday. Major J. H. Monteath was a Goldfield visitor yesterday. Mrs. J. P. O'Brien and children went to Goldfield yesterday. Will Lamb, brother of Walter C. Lamb, arrived yesterday from Blair. Miss Tennant of Goldfield was in this city yesterday, the guest of Miss Alma Dennis. W. W. Keith, of the Tonopah and Tidewater railway, came over from Goldfield yesterday. Walter D. Cole returned yesterday from Carson, where he has been attending to legal business. J. R. Schmidt returned yesterday from Nevada City, where he was called by the death of his sister. Frank Wildes, receiver of the State Bank and Trust company, came down from Carson yesterday. Bert Gillespie was a passenger on yesterday morning's train for Pioneer, where he will remain several days. James T. Davis of Carson, former 1 general cashier of the defunct State f Bank and Trust company, arrived yesterday from Carson. n Walter Schilling, foreman of the Belmont, accompanied by Mrs. Schilling and child, has gone to Calir fornia for a two weeks' visit. Jay H. Fisher, of the American Type Foundry, with headquarters in San Francisco, arrived from the


Article from Tonopah Daily Bonanza, May 3, 1910

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EXPERT WITNESS CLAIMS $10,000 IS FAIR SALARY Archibald C. Kains, Examiner of Clearance House Banks of San Francisco Makes the Statement. Frank L. Wildes, receiver of the best policy to pursue was one of nursing and if this was done the State Bank and Trust company, is. depositors would be able to receive so well pleased with his labors a fair amount of money back again. that he is now asking for an inHe first heard of Wildes about ten crease in salary. He appeared bedays ago when the President of fore the district court last Saturday the Wells Fargo bank asked him and made the request. The folto come to Carson and look into lowing from the Carson News of the affairs. He first met Mr. Sunday morning tells the story: Wildes last Wednesday. "Yesterday morning the matter "Mr. Kains was questioned by the of hearing witnesses in the fixing attorneys on both sides and Judge of the salary of Frank L. Wildes Langan also asked a few questions as receiver of the State Bank and as to the necessity of Mr. Wildes Trust company and the arguments need in clerical help in the busiupon the receiving of the report ness. Mr. Kains stated that the of the receiver were taken up by matter of clerical help should be Judge Langan in the district court. left in a great measure to Mr. Roberts and Sanford appeared for Wildes and if they could not trust the depositors and Judge Mack for him in matters of that kind the the receiver. best thing to do was to get an"Archibald C. Kains, the examother receiver. iner for the San Francisco clear"Mr. Kains was the only witness ance house banks, was placed upon examined and after his dismissal the stand by Attorney Mack and Attorney Roberts started in with questioned as to the affairs of the his argument which lasted nearly an receivership, as investigated by hour. In the afternoon session him. Judge Mack answered the argument "He had examined the affairs of Attorney Roberts and the matter of the bank during the week past was then submitted to the court. and was fully aware of the work "Judge Langan took the matter that had been done by the receiver under advisement as he wished to and the amount of work that would look through the testimony and will have to be done in the future. He give his decision later on. He will fully agreed with the action taken hold court in this city Monday when by Wildes in his management of he will probably rule upon the the receivership and believed that question submitted. his policy had been one that would work to the benefit of the depositors. Taking into consideration the HOTEL ARRIVALS size of the estate; the quality of the assets, the results accomplished; what is likely to be accomplished; MIZPAH HOTEL. special ability and the money exS. S. Shepp, S. E. Vermilyea, J. pended and collected he believed W. F. Diss, Los Angeles; L. E. Milthat a salary of $10,000 a year was ler, San Francisco; Mr. and Mrs. A. not too much for the receiver. M. Ardery, Carson; S. F. Lindsay, "He thought that he should reRhyolite; V. C. and M. C. Stewart, ceive the sum of $10,000 for the Dr. A. H. Higgins, city; D. Mound, work done up to the present report San Francisco;; C. R. Wetter, and that a smaller sum would be Stockton, Cal.; Charles S. Wilkes, proper from now on but if the bank Goldfield; A. L. Rouland, Pasashould be able to pay out to a dena; Ben F. Ruff, St. Louis. greater extent in the future that PALACE HOTEL. Mr. Wildes should be more liberally L. Litchbery, Monolite; J. W. rewarded. Simmons, San Francisco; J. C. Mur"Mr. Kains stated that the bank phy, San Francisco; D. Anloniazza, was in the worst condition of any Clifford. bank he ever knew of at the time of its closing. He had found on looking over the list of the borrow. POOR OLD MIKE SCHRECK ers the names of men that would LOSES TO JACK O'BRIEN not be able to get a cent in San Francisco and here they were large LEXINGTON, Ky., May 2.-Phildebtors to the bank. He also beadelphia Jack O'Brien outpointed lieved that it would have been a Mike Schreck of Cicinnati in a ten wrong policy to have auctioned round bout tonight, although no deoff property of the banks and if cision was given. this had been done the depositors would not have received more than Something to sell?_ Try the Bofifteen cents on the dollar. The nanza.


Article from Tonopah Daily Bonanza, May 20, 1910

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# DIRECTORS WANT JURY # TO PASS ON CASE All the directors of the State Bank and Trust company, with the exception of T. B. Rickey, have filed a notice of motion with the clerk of the court in Carson that in the case of Frank L. Wildes, as receiver of the bank versus the directors of the State Bank and Trust company, asking that the case be tried before a jury when it comes up for trial on the 14th of June. The time has not been set as yet for the hearing of the motion but will be at some time prior to the 6th of June.


Article from Tonopah Daily Bonanza, July 22, 1912

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For President WILLIAM HOWARD TAFT, OF OHIO. For Vice President JAMES S. SHERMAN, OF NEW YORK Langan and the Depositors Much has been said concerning the administration of Frank L. Wildes as receiver of the long defunct State Bank and Trust company, and from all appearances, the discussion will continue for some time to come. That the administration has not met with favor on the part of the depositors, can be determined without trouble. The chief complaint appears to be the neglect of the depositors by the receiver and the court in failing to supply reports as to the progress made and the condition of the bank's affairs. On February 2, 1910, Judge Langan of the first judicial district court, who appointed Wildes as receiver, demanded a report of the bank's affairs. This report was submitted, with an apology, to the court on February 23, 1910, and was ordered printed. That was the last heard from the report. It was printed and then cached away in some unknown place and up to the present time has never seen the light of day. Late reports from Carson are to the effect that the reports have been destroyed. Apparently Judge Langan is not interested in the fate of the report, and cares less for the interests of the depositors, who are legally entitled to know the contents of the document. The report, of which two known copies are in existence outside the care of the receiver, gives some interesting facts. For instance, it shows that Receiver Wildes is drawing a salary of $2,500 per quarter year, and that from the time he assumed office, until the time he tendered the report, he drew in salary the princely sum of $17,500. Carrying this sum up to August 18, 1912, which will be the end of the present quarter, it can be seen that the salary of Wildes to date has reached a total of $42,500, a sum NEARLY EQUAL TO THE FIRST DIVIDEND DECLARED. According to an order of court, Wildes is allowed one assistant, who has virtually transacted the affairs of the entire office during the recent years. This assistant appends his signature to many of the letters sent out, and attaches the title of "cashier" after his name, The meaning of the title defies definition, for precedent fails to mention where a cashier has been employed by a defunct bank. However, the title carries with it a salary of $250 per month. and on this calculation it is easily figured out that the assistant has drawn the sum of $12,500. Adding up the total salary of the receiver and the total salary of the "cashier" to date, it is observed that these two items alone have cost the depositors $55,500 since the bank failed. It is not to be wondered that such a condition is to be deplored. not only by the depositors, but by the public as well. Apparently no effort is being made to remedy conditions that are an eye sore and a disgrace to the state of Nevada. Wildes, since filing the report mentioned, has given no further data to the court, and from reports received, no request has been made for a report. The depositors are unable to ascertain the true condition of the affairs of the bank, and strange as it may appear, the first judicial district court, Judge Langan presiding, appears to sanction the slip-shod methods that are being carried out. And then a wonder is raised that the creditors of the bank hesitate to séttle their accounts, when it is not known what will become of the money. But two dividends have been declared since the regime of Wildes. The dividends which were declared in the dark ages of the past amounted to $95,014.35, according to figures obtainable from the report, and since that date the money taken in has been used to defray the costly receivership. It is not to be wondered that a chaotic condition continues.


Article from Tonopah Daily Bonanza, May 9, 1913

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Attorney General Charges Wildes With Fraud Asks to Set Aside Court Order Granting Salary BANKERS PAY MOTION IS ALSO MADE ASKING GOODLY SUM MUSIC LOVERS BRIEF VISIT TO SECURED FOR AFFORDED TREAT TO SET ASIDE ORDER GRANTING CHARITY SAKE MONTANA MINE BY SCHUBERTS SALARY RECEIVER'S ATTORNEYS BRIEF STOP IS MADE IN THIS (Special to the Bonanza.) PERFORMERS FROM START TO BENEFIT DANCE IS EXPECTED he had on hand a cash balance of CITY WHILE ENROUTE TO FINISH PROVES TO BE OF TO DRAW RECORD BREAK. $10,663.86. leaving a balance due preCARSON, May Charging that STATE CONVENTION. ferred and judgment creditors and un ING CROWD. THE HIGHEST CLASS. Receiver Frank L. Wildes of the State paid dividends $52,564.31, which sum Tonopah was visited this morning Bank and Trust company, perpetrated must be paid before the depositors Over $1000 is expected to be securby several delegates to the Nevada "The clearest toned singer ever can hope for or be entitled to further fraud upon Judge Frank Langan of ed tonight at the benefit dance, the Bankers association which meets at dividends. heard in this city," is the way memthe Carson District court in obtain proceeds of which will go to the Goldfield this afternoon Muller bers of last night's audience at the 5. That said Frank L Wildes, reing an allowance for salary, Attorney of the McGill National bank of Mc lief of the two families whose memceiver herein, on the hearing of said Nevada theater classed Miss Leeta General George B. Thatcher and At were injured by the dynamite Gill: Russell Lowry, president petition for aforesaid order fixing of National the bank American explosion of last Sunday As has Corder of the Schubert Symphony torney William Forman, who have his compensation such receiver on be club. cent been not stated will ready San Francisco; Harry Choynski, as the of A. D., 1913, day been conducting an investigation into January, for of out the paid sistant and cashier of Anglo the holding The local public has never in its as shown by the transcript of proceed the affairs of Wildes, have filed Paris London and bank of National dance, everything having been conings had and testimony taken the history had a better soprano appear motion in the Carson district court San Francisco and F. M. Lee, the tributed by the people of the city hearing of the petition of receiver The on the local concert platform. Her Casino orchestra the first was Reno banker, constituted the party to set aside the order allowing at for order fixing compensation and Through the courtesy of H to volunteer the music without charge rendition of the Aria from the "Mad page thereof, testified he that had torneys' fees to the receiver. The and after this offering had been Lowry, superintendent of the Montana in Scene" in Ambroise Thomas' "Ham out paid the dividends sum of motion was filed late yesterday. vice and the preisdent of ceived the management of the Min company 212,000.00, when in truth and in fact let,' was perfect. Her voice at E ers A second motion was filed asking hall made Exchange likewise Nevada First National bank, the vis shown by the reports of Frank natural was as beautiful and bird similar offer itors were shown through the work that the order of Judge Langan allow L Wildes. receiver and on file, he eir have lists been Subscription like as when she sang some of the ings of the Montana and also through ing attorneys' fees to the extent of only paid out the sum of $180,460.34 culated about Tonopah for the past the mill. The party on to lower tones of the piece, In addition $30,000 to Mack, Green and Heer 6. That the court upon the hearing three days and a goodly number Goldfield this afternoon, making the to her voice she has the most importof the petition of the receiver for also be set aside for the reason that trip by automobile. signatures have been obtained with ant of all attributes for the singersaid order fixing his compensation the attorney general's office was not donations ranging from $1 upward finds "the net results of this policy temperament, and she capitvated the The response has been liberal and notified by service of any action filed conservation is that notwithstandthe total already secured is far great music lovers last night in a way they or instituted by the bank receiver. ing the fact that the original assets er than was originally expected. Many will not soon forget. It is asserted that such notice should coming into the hands of the receiver who have not secured tickets will THREATS MADE Thomas Valentine Purcell, the vio are practically intact and far have been given as the receiver was attend the ball tonight for the pur greater value than when he received linist with the club is a master of pose of adding their mite and it appointed to his position through lethem, he has paid two hundred expected that one of the greatest tone as technique and his gal action. thousand dollars in dividends over crowds ever witnessed will fill the playing of "Tarantella" was a triumph BY MILITANTS and above all The motion to set aside the order when expenses; dance hall. of his art. truth and in fact, no inventory of allowing salary for Wildes will prove At the Miners hospital today The monologues of Miss Fox were the assets of said bank on hand at was announced that Freddie Rowe, of general interest and is herewith time said the took charge something new in elocution and her the most seriously injured of the included in full INSTILLS FEAR the same on May 18, 1908, was three lads, was resting comfortably delivery was clear, accurate and unhas ever been filed in this court, and Now comes the above named plainand was fast gaining strength. His affected. Miss Lovie Zendt Purcell, it was, therefore, and it now man recovery is now believed to be as tiff by its attorney general and moves the contralto, pleased immensely and ifestly impossible for the court to ASQUITH AND CHURCHILL ARE sured, notwithstanding the fact that the court to set aside, annul and vadetermine whether not the "origiwas enthusiastically encored for her ACCOMPANIED BY HEAVY practically no hope was entertained cate order heretofore made on the nal assets coming into the hands of POLICE GUARD. work. for him when he was first injured the are receiver intact." practically 7th day of March, 1913, allowing and A dispatch from San Francisco an The lady quartette disappointed no 7. The fixing the compensation of F. L. of court the upon hearing (By Associated Press) nounces that splendid progress is be one and to miss hearing them is miss the receiver Wildes, as receiver of the State Bank for his order said fixing ing made by Reuben Shiroda who LONDON, May That fear has ing something really worth while. such and Trust company for the following compensation and receiver, was taken to the coast to be treated been instifled into the authorities by in its and decision order as based the there only The ormance from start to fin reasons and upon the following an by specialists eye the threats of the militant suffragrounds: finds on, that "one He law of that his saving suit, sight. can means ish was the highest class and most gettes, was made manifest this morn the 1. That notice of the presentation was against which directors, clearly discern objects now and it is a when guard ing heavy present artistic program ever shown in Ton of notice motion or of the tled both for petition $75,000.00 clear a cash. the will gain of believed sight eyes when Premier and Lord First Asqui opah. Local musie lovers spoke in to Shibank from not restored. Russell the coming be its as for order fixing the compensation of completely of the Admiralty Winston Churchill of entertain the the terms highest sets: shattered in fact in whereas the receiver was ever given or served was by and whose truth leg roda. the left and Waterloo wives station and law one the in director, an the upon the plaintiff herein or upon the such of to president the force Elks explosion the and ment under lodge a take cruise yacht inspection of Ne state the of of general B. said T. should that attorney extent bank, Rickey, amputation there was nor appearance been any the vada, under have is record His disclosed, necessary condi of the mediterranean There was whose auspices the concert was prealso strength. gaining no The arson demonstration. squad were on sented, securcomplimented of the behalf on liable held therein for plaintiff as and serious not regarded tion has been legally compelled an destroyed manuntenanted today an such for attraction excellent ing to herein, the state of Nevada. three more than the times pay severe his injuries, notwithstanding in sion Lancashier 2. That it appears from the petition and at the present rate of improve sum obtained by the compromise with Flora Drummond collapsed yester city, all of the receiver for said order fixing directors. the ment he will be able to leave the hos day while on trial and is very ill said compensation and from the order pital before many weeks pass, /That the court in determining today from the effects of the hunmade by the court in pursuance there the amount of compensation of said ger strike. An operation is of that the entire time, attention and receiver, Frank Wildes, took into energy of said was consumed consideration the fact that said JAPAN'S PROTEST IS NOW REFORM and given to the duties of said reWildes gave a bond one million BEFORE THE CABINET ceivership since the appointment of DIE dollars, when in fact amount of SOLDIERS 200 when 1908: 18, May said on receiver said bond should have been tak By Associated Press. of in for in fact truth and period in into consideration determining en WILL the URGED BE and WASHINGTON. May 9 Japan's after months from nineteen of of said the amount compensation formal protest to the California alien 18th of May, 1908, said Frank L. receiver for the reason that the preTRAIN land bill was submitted today Wildes, receiver herein, was also depmiums demanded by the surety com Secretary Bryan by Ambassador Visuty state treasurer of the state of panies furnishing said bonds were count Chinda. After half hour nineteen said during and WITH CONGRESS Nevada, paid for and allowed out of the as conference Bryan submitted to Pres received and allowed was months sets of the bank MEETS DYNAMITE ident Wilson the written communica from the state of Nevada salary at in That determining 9. court the over. It is expected that the special the rate of $2000 per year as such CURRENCY LEGISLATION BEGINS the amount of the compensation to ing was called. The cabinet mem deputy treasurer, or total for said be allowed said Frank L. Wildes, TO AROUSE APPREHENSION bers declined to discuss the matter nineteen months of $3166.65 FEDERALS WIPED OUT BY REBEL ceiver, took into consideration the and say the general subject was gone OF THE PRESIDENT. 3. That the court upon the hearing BAND NEAR THE SONORA testimony of Archibald C. Kains, tion from Chinda and cabinet meet order for of fixing an said petition STATE LINE. whose testimony so considered, was cabinet meeting tomorrow will permit of the receiver said compensation (By Associated Press.) taken more than two years prior to Bryan to announce the result of the and upon the evidence adduced there WASHINGT May is an the time of its consideration by the conference to the ambassador Bryan (By Associated Press) at, found that as a matter of fact "the court on the hearing of the petition will then return to New York the nounced by Majority Leader Under estate the real from income the NOGALES, Ariz., May 9.-A troop order the fixing for compensation all expen has bank paid pracitcally wood that the house will consider of said Frank L. Wildes, receiver of two hundred federal soldiers was FOUR POLICE INSPECTORS When this of the ses receivership currency legislation about June at herein, which testimony so considered SENT TO SING SING hands of the destroyed by dynamite and most all real into came estate is and wholly incompetent be the request of the president who the receiver, including the Tonopah killed. according to an official reconsidered by the court in determin(By Associated Press. urged a conference today on banking and Goldfield banks buildings, it was port here. The disaster was near ing the compensation to be paid to With untenanted. NEW YORK, May 9 Four former vacant and reforms to consider a law to be en largely the state line. the said Frank L. Wildes as receiver police Inspectors, the highest office careful attention and effort these acted if possible at the present ses from and after the said testimony was in the department, were sentenced buildings have been filled with pay sion, taken RECLAMATION AFFAIRS. ing tenants, and have been made not today to serve a year in the peniten President Kirby of the National 10. That the court in fixing the tiary and pay a fine of $500 each only self sustaining, but show prof U. S. Senator Key Pittman and Fulthe it than compensation of Frank L. Wildes if not equal greater to Manufacturers' association called on for conviction of conspiring to ob ton H. Sears were appointed by Preswhen of ceiver herein, made an improper and the struct justice in connection with the receivership; expenses the president's secretary to protest ident R. L. Douglas of the Fallon exorbitant allowance to such receiver graft revelations shown it is fact and in in truth against the provision in the sundry such rendered by services file water users association as delegates the the on for the receiver of reports the of UNDERWOOD TARIFF taking the to receiver civil bill which prohibits the use from the prior income herein that gross to the conference of representatives C. Kains, Archibald of BILL PASSES HOUSE testimony to against farmers' and workmen or estate February real all the up of the government held in Washing said of the by testimony shown being 18, over was and $93,452. is ganizations certain appropriations to ton last Thursday at the instance of fact as a by found and Kains exand and (By Associated Press.) maintenance the enforce the Sherman law. Kirby of compensa the the court fixing Secretary of the Interior Franklin K. in of said real out pense behalf on paid WASHINGTON May 9 The Un "Mr that herein 200,000 business men would join in receiver the of tion exclus and was $62,056.05, estate Lane, looking to the betterment of derwood tariff bill passed the house the protest. The president has in late yesterday afternoon and will In ive of taxes, leaving net income Kains is a banker of wide experience reclamation affairs. work line of that followed sum having from the estate all said real of transmitted at once to the senate dicated he will sign the bill. years, twenty-eight for net which of said period from $31,396.40, The voting in the house was pracTEMPERATURE REPORT. income the taxes paid on said real and at the time of the giving of his tically along party lines and stood BLACK HAND BANDITS the the of examiner was testimony said be estate deducted, should Highest temperature yesterday, 70; 228 in favor of the passage of the HELD UNDER BIG BOND duties his San Francisco, of banks of a $12. sum year ago, 61. that the ports bill and 139 in opposition. showing examinathorough to make but being has for taxes, 574.56 been paid Lowest temperature last night, 17: Francisco, San bank in each of tion not was year ago, 44. what amount MONTENEGRINS SET FIRE paid (By Associated Press.) showing securithe and banks, is upon Whereas the except real estate TO SCUTARI FOR REVENGE YREKA, Cal., May 9 Five Italians loan said loan, each of back shown and appears from the report ties in arrested for attempting to dynamite ment as such receiver up to Januto nearly of the receiver on file herein that amounting (By Associated Press. ary 13, 1913. the house of an employe of the Weed year," for all of which services Mr the total expense of the receivership, VIENNA, May Fire fanned by of That it appears upon the reccompensation Kains received to chargeable of expense exclusive Lumber company to enforce a de a high wind is raging in Seutari. The ords and files herein and from the Frank Whereas, year. $15,000.00 real per on and maintenance expense mand for ten thousand dollars were report here is that the blaze was the reports of the receiver on file that during herein, receiver $145, tate Wildes, of the is sum was and started by the Montenegrins as arraigned and held in $20,000 ball said Frank L. Wildes has been allowperiod of nearly five years only 049.81, leaving a balance of expense venge for being compelled to evac ed by the court salary the amount each. The wounded man says he was ceived, disbursed and handled such of said receivership over and above tuate, which is now under way of $39,991.67 and that he has drawn over little of amount a receiver the forced to assist in the plot. the net income from said real of said the bank the funds from $400,000 and allowed by court tate the sum of $114,653.21 and being WOLGAST IS MATCHED sum of $45,683.87. and that he has of four "a compensation at the rate of $10,000 amount the nearly times net CARRIES SIX PERSONS WITH JOHNNY DUNDEE drawn in excess of the amount allowcommencement the from year the income from said real estate. ON A LONG FLIGHT the ed by the court the sum of $5.692.20 up his administration 4. the That the court hearing upon By Associated Press) without any authority whatsoever by of said in 18th day of March, A. D., 1910, ex decision and its petition SAN FRANCISCO. May Ad Wol for law or otherwise. months. two of for a and period cept evidence CHARTERES, France, May 9 the based order upon the gast and Johnny Dundee were match from aforegoing That 13. adduced which two months he was allowed at that found said hearing lator Frangeois carried six pas grounds and the records and files ed today for twenty rounds catch the that $1000 per month, and "from said 18th fact the "notwithstanding sengers in a biplane on a 75 minute weights at Los Angeles on June 10. the to in this action appears that the up 1910, D., A. March, of day assets coming into hands flight. establishing a duration record about being court is and was misled and misin1912, of August, first the of intact day receiver are practically SCHOOL GIRL FRACTURES formed as to the true condition and Frank of action the when and date of with the aeroplane for so many per when the far than value greater ARM FALLING TO GROUND status of the affairs of said receivof directors the the he VR. Wildes sons. he over received has paid them, was Trust company ership. and that a fraud was perpeand two Bank State diviin thousand dollars hundred Mary Roletto, a pupil in the sev the judg trated upon said court in obtaining and close, to dends brought over and above all expenses; Dissolution Notice. enth grade school, fractured small allowed was he the allowance of compensation fixed satisfied.' ments When were in in shown truth as and fact, bone in her right wrist yesterday allowance by the court, and that by reason which The firm of Cuddy & Stock has $9000 per year, by the reports of the receiver on file morning when she received bad hereof said order of allowance should all of out and excessive been dissolved by mutual consent exorbitant, herein, only $180,460.34 in dividends fall while walking to school. The be set aside, vacated and annulled rendered services the for proportion have been paid; that there remains Mr. Trabert having purchased the eident occurred near the school house and a rehearing had thereon. by him. due and owing depositors declared and school mates of the girl accominterest of W. J. Stock Cuddy & Dated this 8th day of May, A. D., rec the from it 11. appears That dividends to $32,766.18 amounting herein panied her home where a physician Trabert will pay all bills owing by the file 1913. on That receiver the of ords are there outstanding allowed GEO. B. THATCHER Wildes was summoned and the injury dress Frank and firm and collect all bills m3t10 said receiver that unpaid preferred and judge claims of ed. The fracture is not serious and court Attorney General, Attorney for Plain order any without ments drawn $30. to the CUDDY & STOCK amounting had sum the girl will be able to use her hand tiff. 461.99 or liability of $63,228.17. and without any authority, compensa yithout trouble within the next few WM. FORMAN year per $10,000 and of his the rate at tion by it that is shown reports weeks. Read the Bonanza want ads. Of Counsel for Plaintiff on the 18th day of February, 1913, all of the time after his appoint-