fbb54d81None
Click image to open full size in new tab
Silverton Bank Closes. Durango, Colo., March 30.-The Silverton National bank, owned by W. B. Slaughter, president of the suspended Mercantile National bank of Pueblo, closed its doors today with the statement that its embarrassment was merely temporary and that resumption Wednesday was probable. The capitalization of the Silverton National bank is $25,000. It is said to have used the Mercantile National bank of Pueblo as a depository.
Click image to open full size in new tab
Bank, Declared Solvent, Closes Doors. Silverton.-The Silverton National Bank failed to open its doors for business Tuesday. No statement as to assets and liabilities is obtainable, but the claim is made that the bank is solvent. The bank had money on deposit in the Mercantile National Bank of Pueblo, which closed Monday. The closing of that bank by the examiner is said to have caused the suspension of the Silverton bank. The feeling prevails that the liquidation of the national bank here all rests with the action of the Pueblo institution. No doubt is felt that the depositors will get full returns on their money. The capitalization is $25,000. W. A. Smith is cashier of the bank here. The institution is owned by W. B. Slaughter of Texas.
Click image to open full size in new tab
Bank, Declared Solvent, Closes Doors. Silverton.-The Silverton National Bank failed to open its doors for business Tuesday. No statement as to assets and liabilities is obtainable, but the claim is made that the bank is solvent. The bank had money on deposit in the Mercantile National Bank of Pueblo, which closed Monday. The closing of that bank by the examiner is said to have caused the suspension of the Silverton bank. The feeling prevails that the liquidation of the national bank here all rests with the action of the Pueblo institution. No doubt is felt that the depositors will get full returns on their money. The capitalization is $25,000. W. A. Smith is cashier of the bank here. The institution is owned by W. B. Slaughter of Texas.
Click image to open full size in new tab
Bank, Declared Soivent, Closes Doors. Silverton.-The Silverton National Bank failed to open its doors for business Tuesday. No statement as to assets and liabilities is obtainable, but the claim is made that the bank is solvent. The bank had money on deposit in the Mercantile National Bank of Pueblo, which closed Monday. The closing of that bank by the examiner is said to have caused the suspension of the Silverton bank. The feeling prevails that the liquidation of the national bank here all rests with the action of the Pueblo institution. No doubt is felt that the depositors will get full returns on their money. The capitalization is $25,000. W. A. Smith is cashier of the bank here. The institution is owned by W. B. Slaughter of Texas.
Click image to open full size in new tab
Bank, Declared Solvent, Closes Doors. Silverton.-The Silverton National Bank failed to open its doors for business Tuesday. No statement as to assets and liabilities is obtainable, but the claim is made that the bank is solvent. The bank had money on deposit in the Mercantile National Bank of Pueblo, which closed Monday. The closing of that bank by the examiner is said to have caused the suspension of the Silverton bank. The feeling prevails that the liquidation of the national, bank here all rests with the action of the Pueblo institution. No doubt is felt that the depositors will get full returns on their money. The capitalization is $25,000. W. A. Smith is cashier of the bank here. The institution is owned by W. B. Slaughter of Texas.
Click image to open full size in new tab
Bank, Declared Soivent. Closes Doors. Silverton.-The Silverton National Bank failed to open its doors for business Tuesday. No statement as to assets and liabilities is obtainable, but the claim is made that the bank is solvent. The bank had money on deposit in the Mercantile National Bank of Pueblo, which closed Monday. The closing of that bank by the examiner is said to have caused the suspension of the Silverton bank. The feeling prevails that the liquidation of the national bank here all rests with the action of the Pueblo institution. No doubt is felt that the depositors will get full returns on their money. The capitalization is $25,000. W. A. Smith is cashier of the bank here. The institution is owned by W. B. Slaughter of Texas.
Click image to open full size in new tab
Silverton National Bank. Reese McCloskey of this city who has been at Silverton several days, has been appointed attorney for the receiver, J. B. Lazier, of the Silverton National bank, that closed its doors about three months ago owing to a correspondent of its failing at Pueblo. The financial affairs of the Silverton National are in good shape and receiver Lazier will declare a divident soon.
Click image to open full size in new tab
Paying Depositors. The Silverton National bank, that closed its doors early in the year, is now, through Receiver J. B. Lazier paying its depositors fifty per cent of , its deposits. It is expected that soon another payment will be made.
Click image to open full size in new tab
day and intends to take charge of the Tiffany postoffice as soon as he can get returns from his papers, says the Ignacio Chieftain. We were told yesterday that Elmer Hatcher had brought in and sold to the farmers of the valley 600 head of young cattle. Among the heaviest buyers are Fred Mayn and J. P. Turner, says the Ignacio Chieftain. Receiver Lezear has issued checks for a second divident of the Silverton National bank, making 80 per cent to date. A very fine showing and will come in as very welcome Christmas presents. The first divident of 50 per cent was declared in July. Geo. Becker of Tierra Amarilla. knows a good thing and has shipped in 160 head of cattle to be fed on Pine river hay. He has bought the Hendrix, Holder and Ernest Salabar crops and will bring in more cattle when he gets them gathered off the range. He bought eleven head more from Spring creek ranchmen who attended the sale yesterday. Ignacio Chieftain. Telluride Journal says: The grand opening of the San Miguel club at the new club rooms Wednesday night was a great success from all view points. During the evening more than 100 persons, members and their friends called at the new club rooms in the Mansfield block and made merry until an early hour next morning. The club, ocording to its officials now bids fair to be a big social center in the city. The rooms have been neatly arranged and decorated and are very cosy, making an excellent place to spend the evening, reading, writing or indulging in some amusement. After four score years of sadness and misfortune Charles Anderson, aged 84, has gone to meet his Maker. He undoubtedly met his death by falling over a precipice about 200 feet high about two miles north of Ouray sometime during the severe snowstorm of a few days ago. Anderson's body was found in a deep gulch by Lars Pilker, one of a party of searchers who had for the past two days been searching for the aged prospector. The body was covered with snow when found, but every indication was that he had fallen over a 200-foot precipice and then rolled down the sloping sides of the hill for nearly a mile. The Dolores Star gives the following additional particulars of the Adams accident: J. D. Adams was badly hurt in a runaway accident late Saturday evening. He was on his way from Dolores to his ranch near Arriola, and his team started to run shortly after leaving town. In making to turn to enter the steel bridge the buggy turned over throwing Mr. Adams out, breaking his collar bone and bruising him about the head and back. C. W. Smith who lives in the house at this end of the bridge heard the team coming down the road and crossing the bridge. He knew the team was running but did not know that any one had been hurt until he heard a groan. Running to the house he got a lantern and found Mr. Adams lying in the road. He took the injured man into the house and called Dr. Lefurgey who went down and did everything possible for the injured man, who is getting along as well as could be expected. Mr. Geo. W. Dyer, who has been superintending the packing and shipping of Montezuma apples at Dolores this season, working in connection with the Montezuma Fruit, Produce and Mercantile asociation, of which J. D. Adams is president and P. B. Gates secretary, returned to his home in Cedaredge last week. Mr. Dyer feels much satisfaction over the results this company has accomplished in this, its first season's work, and also feel that the experience gained will cause improvements next sea-