1.
March 13, 1922
The Guthrie Daily Leader
Guthrie, OK
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It is likely the old Gresham mills will be operated by the state in order to help swell the assets of failed banks here. The mill was mortgaged to secure a note given to the Oklahoma State bank. Judge Zwick. assistant attorney general, contends that record of a mortgage assignment in the case was not necessary to be made within a specified period of four months. If he is sustained by the United States court the state will own the mill. As receiver, C. E. Munn is contesting the claims of Zwick.
2.
October 24, 1922
The Morning Tulsa Daily World
Tulsa, OK
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OKLAHOMA SUED BY U. S. Government Claims Prior Claim to $42,000 In Failed Banks. Special to The World. WASHINGTON, Oct. 23. The United States government through Attorney - General Daugherty and Solicitor - General Beck today brought suit against the state of Oklahoma to recover $42,000 of Indian funds belonging to the five civilized tribes which was on deposit in the defunct Oklahoma State bank of Guthrie. The court after allowing the filing of the suit announced it would be returnable January 2, and in the suit today the government alleged that more than $42.000 has been recovered by the receiver of the bank and the government claims that its claim should be settled before any money is paid to other depositors or creditors of the defunct bank. Daugherty quotes the laws of the United States applying to the depositing of such federal funds and asserts that the federal government has priority over the "assumed rights of the state."