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matter of the had been dislength by Dr. preBradley, cussed ington-Alaska at a much resolution bank adopted. was This Aline in effect sented and the bank was January looted charges between 4. 1911. that October by the 1. officers the 1910. reand of the bank: that neglect. and owners grand jury refused affairs: or and cent examine into its a fit pered to C. Hawkins is not should son to act It also removed. that E as receiver and urges the ex be call another grand jury: the abilan abiding faith and and fidelity asks for the court ity presses to of and the in court exdistrict appointment attorney. of an accountant to amine the books. called the meeting Dr. Bradley nominated Miner Bruce to order and Miss Cambridge was asked as chairman to act as secretary the details Dr. Brad of ley then went into of the depositors Barnette the transactions with Captain bank's committee her account of the The matter and gave since the consolidation declared history of the dividend and then the in April was called taken attention up to the withthe five preceddoctor drawals made by Barnette months Bar said. "During the purchase." vstematically she draw ing had been the bank nette his money from time were ing out issued during this $13,000; June Checks May $148, March, $45,000; July, $47,000; August or a 000. $69,000; and September, $32,000. total It was of $345,000. during the the month Washington of Sep tember. 1909, was that bought with Fair the Alaska Lank the depositors of money the of money of it had no banks bank. good for part of its capital in own. a been paid stock its never having to October ac 1. Barnette From February, closed 1910, out his down during count. 1910. having drawn In addition. tw $294,890 which that time valued at $43,000. bank gold brio ks go through the Barnette did not to Mrs. $10. all. were shipped time the sum of or Jesson Since has that been raise! by turned over 000 property and the Circle Barnette This makes by Bar a to Mrs. of $731,000 taken out the am un total two years. And even greater. in making than is nette $4,000 in were for listed no checks less up the moneys drawn to Against were Barnette totals." the there credits Banking out by the old Fairbanks the Gold company stock him Bar Lumber by of $200,000, company continual and credits check$341,000. In of stock ing out and had evidence of of the depositors in this unloading them. con the spiracy to defraud securities to were speaker Referring said committee that the these not so much refused by the of a considera account a of on as through of lack Barnette suspicion was play- Bar nette the hope tion She said of blinding securities ing the for grand time jury end. in for And the he accom- of the plished his the receivers the grand were and accepted and bank tendered indict." ney jury failed to then attacked Robarts Attorfor by default, The Pratt doctor case allowing to go the depositors attachment of the the were were paying a allowed the stating attorney dissatisfied that they all to think action that $500 to go be month through, had even though it might the legal. to the condition it as of her that not bank Referring the speaker another stated cent would is belief ever be paid to the the resolution depositors adoptFollowing by the meeting month of SepWhereas in the Washington-Alastember, corporation ka ed bank, 1909, a the of the organized state of in the laws doing business diFairbanks, the Washington, under city of Alaska, was at its Fourth place that of vision of therein, and upon directors the of the month business officers owners and stock their and transferred said thereof thereof company, stock sold to and a the corporation Fairbanks the organ Bank- state ing laws of Barand to who owned nette ized of Nevada, under and his the associates, the one said E. Fairbanks T. controlled consideration Banking is reported and that company sale of The which to $150,000 be the for $250,000, stock of bonus remaining of said sum the was Washington-Alaska of par value $100,000 of the was bank, Washing- a and for the good and was and his the ton-Alaska one bank W. will H. Parsons their appropri- own ated by associates for said sale, the immediate At the time of company was and more Fairbanks use. Banking the Washington-Alas solthan ka insolvent bank was mining no camp, of center, which vent. The of Fairbanks is Fairbanks a company, of the Banking was town declining. at The that $302,602.14, time, had hand the sum the purchase on said sum, the Washington. of which stock of after payment of the and the sum of the From the Washington said Alaska $52,602.14 bonus, bank of left the but said time the of Bankacquisition bank by the its officers, the Ala_ka company and bank Fairbanks continued corporWashington-Alaska its own its business name, but under under of the E. manage- T. Barate direction and dummies, nette, about the time until October, ment on and his or 1910, associates during -Alaska first which bank day save re- of mained Washington-Alain condition have been incurred by whatever the in losses, a solvent if reason any, may of actual
