Article Text
Albuquerque Bank Suspends. ALBUQUERQUE, N. M., July 3. -The Albuquerque National Bank suspended business today.
Albuquerque National Bank (Albuquerque, NM)
Episode Information
- Episode UID
322201123- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
32220national - Charter Number
- 3222
- Start Date
- July 3, 1893
- Location
- Albuquerque, New Mexico (35.084, -106.651)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
dd2323271aef0368
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1893-08-11
- Date receivership terminated
- 1898-04-30
- OCC cause of failure
- Losses
- Share of assets assessed as good
- 44.5%
- Share of assets assessed as doubtful
- 50.3%
- Share of assets assessed as worthless
- 5.2%
Description
Suspension occurred during the 1893 money-market stringency; a receiver was later appointed.
Events (5)
1.
July 14, 1884
Chartered
- Source
- historical_nic
2.
July 3, 1893
Suspension
- Cause
- Macro News
- Cause Details
- Stringency of the money market and inability to realize securities during the broader 1893 banking panic; bank did not open July 3 and posted notice of temporary suspension.
- Newspaper Excerpt
- The Albuquerque National bank ... failed to open its doors this morning, posting up a notice to the effect that the suspension is only temporary
- Source
- newspapers
3.
July 4, 1893
Other
- Newspaper Excerpt
- The Albuquerque National Bank suspended business today.
- Source
- newspapers
4.
August 4, 1893
Receivership
- Newspaper Excerpt
- petition ... asking that C.C. Hall be appointed receiver for the Albuquerque National bank; comptroller had made a favorable proposition to the bank to reopen for business
- Source
- newspapers
5.
August 11, 1893
Receivership
- Source
- historical_nic
Newspaper Articles (23)
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Another Bank Closes. ALBUQUERQUE, N. M., July 8.-The Al. buquerque National Bank closed its doors this morning. The suspension will cause no loss to depositors, as the suspension is temporary, and oven if otherwise, the bank has not only a paid up capital of $175,000, but a surplus of $50,000.
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BANKS CLOSE UP. New Mexico and Colorado Institutions Suspend. ALBUQUERQUE, N. M., July 3.-The Albuquerque National bank, which always has been recognized as next to the largest institution of the kind in the city, failed to open its doors th : S inorning, posting un a notice to the effect that the suspension is only temporarydepositors need have no tear of not being paid in full. The New Mexico Savings Bank and Trust company. an adjunct of the Albuquerque, is also closed, with the same kind of a notice posted up. John A. Lee, vice president of the national bank, states that all depositors will be paid in full by both banks. Territorial funds to the amount of $30,000, and county funds to $30,000 had only recently been deposited in the Albuquerque National bank. No run has been made on the other banks. GOLDEN, Col., July 3.-The Jefferson County bank in this city made au assignment this afternoon. The total liab. lities of the bank are placed at $76,538.79, while the assets are $111,350.35. LEADVILLE, Col., July3.-The American National bank did not open its doors this morning, owing to the impossibility of realizing upon securities. No statement of assets and liabilities is made, A number of depositors had withdrawn their money, but a great deal more money had been deposited than taken out. The probabilities are that the bank will resume. ASPEN, Col., July 3.-The McPherson County bank did not open its doors this morning, but instead made an assignment for the benefit of its creditors. Impossibility to collect on notes outstanding is given as the cause of the failure. No statement as to assets and liabilities has so far been made public. CINCINNATI, July 3.-Freidberg Bros., one of the largest wholesale liquor firms in this city, failed at noon today for $200,000, caused by stringency of the money market.
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NEWS IN A NUTSHELL. Items of Interest Gathered From All Parts of the World. More outbreaks against the Christian missionaries are reported in China. The First National bank of Winnipeg suspended. It will pay out and resume. A fire in the cafe in Fish, Joseph & Company's dry goods store, Chicago, did $100,000 damages. The Albuquerque National bank has closed its doors. It will pay depositors in full and resume. John Sontag, the famous California bandit, died in jail at Fresno, Cal., from injuries received in a fight with officers at Stone Corral a few days ago. Henry Starr and "Kid" Wilson, members of the notorious Starr gang, were captured at Colorado Springs; also Mrs. Starr, who had almost $2,000 in gold. The rails spread under a Big Four freight train" just entering the yards at Delaware, O. Four cars were piled in a wreck and completely demolished. No one was hurt. As to the length of the extra session of congress some members who want to go to the world's fair expect a recess, while others believe the session will be continuous until next summer. The Knights of Pythias of Ashtabula, O., are endeavoring to raise a fund to build a monument to the memory of the unrecognized dead in the railroad disaster on the Lake Shore and Michigan Southern railroad near Ashtabula, Dec. 29, 1876. Over 90 bodies were not found or could not be recognized
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ALBUQUERQUECOLLAPSE The savings Bank Has Failed to Comply With the Law-Official Correspondence. The collapse of the Albuquerque National and the New Mexico Savings bank is still a topic of much interest in business circles. A U.S. bank examiner will probably be ordered to take charge today, and in the mean time C.C. Hall is in charge under direction of the treasury department. The territorial secretary received the following yesterday: Hon. S. Alexander, Secretary of the Terriof New Mexico, Santa Fe, N. M. July 3, Sir: ALBUQUERQUE, tory '93.-Dear On account of the suspension of the Albuquerque National bank this day, the directors of this (the New Mexico Savings Bank & Trust company) passed the following resolution: whereas, such suspension is cer"And, to so public confidence in tain shake all financial institutions as to precipitate a run on this bank which it is not prepared to meet in the present condition of business which makesi it impossible to convert our assets into cash at short notice; and, whereas, fairness and justice to our depositors as a wholerequire the course now decided upon, believing, as we do, that as short delay will enable us to satisfy all our creditors, therefore, "Resolved, that this bank close its doors for the present with an assurance to the public that depositors will be paid in full. In a few days we will forward to you a report of the condition of the bank as usual in the month of July. Kindly send necessary blanks and adviso us if, while the bank is closed, a publication of such statement will be required. We assure you that we believe you will see from this statement that the bank is perfectly solvent and that depositors will be fully paid. Very respectfully, NEW MEXICO SAVINGS BANK & TRUST COMPANY, A. W. JONES, Vice-President. THE SECRETARY'S REPLY. In response Secretary Alexander yestorday wrote Vice-President Jones as follows: "I find by examination of the records of this office that your corporation has filed no report of its condition in this office since July 8, 1892, and that you have to neglected comply with section 10, chapter 68, of the session laws of 1887, in filing your January statement in this office. "I think you should at least make a as required by law. I regret to inform that we no statement you have blank forms for the making of such statements in this office." LAW ON THE SUBJECT. Section 10, chapter 68, acts of 1887, referred to in the socretary's reply, reads as follows: The directors of any such corporation or association (savings banks) shall semiannually, in the month of January and July, and whenever any dividends shall be declared, make a full, clear and accurate statement to the secretary of the territory of the condition of such corporation or association, as it shall be on that day, and after declaring the dividend, if and the any shall be declared; * * same shall be published at least once a week for three consecutive weeks in some newspaper in the county where such corporation or association is located. Section 13, of the same act, provides that "if any such corporation or association, or the officers or directors thereof shall neglect to make out, file and publish ; the statement required by this act, for one month beyond the period when the ; S. same is required to be made, or shall wilfully violate any of the provisions of this act, the directors shall be personally liable for all bad debts of such corporation or association contracted previously to and during the period of such neglect."
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BUSINESS NOTES. The city of Albuquerque has defaulted on the payment of the city's bonded debt held by New Yorkers. S. M. Folsom, of the suspended Albuquerque National bank and the savings bank, has resigned as president of the Now Mexico National bank at Socorro and has been succeeded by M. W. Browne, of Socorro. The Socorro Fire Clay company has failed, and it is learned that the indebtedness of the company is large. The Albuquerque foundry was caught to the extent of over $300. The president of the company is a Colorado Springs man. A run was started on the Now Mexico National bank at Socorro yesterday, and $18,000 were drawn out by depositors, but the bank is all right up to date. The solid firm of Browne, Manzanares & Co. is behind this institution. It is claimed that the Albuquerque Savings bank will in time pay out dollar for dollar. The assets are placed at $250,000 as against liabilities of $189,000. Many railroad employes and families residing at Gallup, San Marcial and other points were caught for their savings. Treasurer R. J. Palen has figured up the territorial finances and finds that the suspended Albuquerque National bank carried $59,500 of the territorial funds. Thus is tied up just about one-half of the available cash of the territory. This will greatly cripple many, as it will necessitate cutting down all appropriations at least 50 per cent. The last report of the condition of the New Mexico Savings Bank & Trust company, of Albuquerque, made at the close of business January 4 last, makes the following showing: Resources-First mortgage loans and notes receivable, $192,063.32; stocks and bonds, $21,659.33; cash on hand and sight exchange, $48,417.01. Liabilities-Capital stock, $50,000; surplus, $10,000; undivided profits, net, $1,356.69; debentures, due 1898, $48,700; savings deposits, $143,582.97; collateral loans, guaranteed, $8,500.
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or since unusually the suspension heavy demande of the California also bank about tell days age. and the lute impossibility during the pre. depression to call in our loste. hoped that and that every general resume It confidently business we cat Boon full, 89 credit for of the bank will be and in the assets greatly exceed the mibilities Joins A. LEE Vice President Oathetiold avenue door of the bank. which 18 known principally as the en trance to the New Mexico Savings Bank & Trust company was posted the for lowing NOTICE The New Mexico SAVINGS Bank is Trust company tin item computers Alide to close its doors for the present positors will be paid full This notice 18 not signed but knowledged by the of the Say logatbank When it because generally KNOWD that two banko had closed doore, is et owd of depositors gathered around the bank building but they could not call for their deposite for the reason that the officiale had concluded to post notices of the doore Some especial is in the Savings the their without depositors earnings opening those bank who officiale. wate had White-bitter in denouncing the and Home declared that they knew the bank was insolvent. although deposite weretakes as interest beclock Saturday might Cashier Jones, of the Savings bank. escalled upon for an explanation and that on account Nati onal to be of stated the Albuquerque of the bank future process open interdocre this morning it was sary for the Savings bank to suspend. mid 68 under such is run sent have likely occurred. but with with time to make collections of papersion due and maturing it IN expected tost the bank will be able to estimly adidas positors in 8 short time Continuing Mr. that de positors need have no feat of not receive their money. for the person that there mg is is capital stock and surpluato betweet ID case of any shrinkage of securities on stand in the value hand, for all the de stockholders being responsible posits to the extent of their stock Mr. Josee admite taking deposite up to doclock Saturday night. but declaree had no idea that the Savings bank. Na T he for that matter the Albuquerque tional would suspend The reporter ended up C. C. Hall. cashier of the Albaquerque National bank.and that gentleman first remark the and ...I 18 shame; I andly regret matter." He then stated that the Albu querque National was eatling along the smoothly until about the time of futures in Los Angeles and Southern lost Conforms occurred The bank has to pretty heavily in deposits. and owing the stringency of the money market have first not been able to gather in money enough to meet demande "The bank Mr perfectly solvent." continued 18 Hall. "and expects to pay every deposit tor in full." In regard to not first opening the doore this morning Mr. Hall anys with that he did not consider it consistent safety and 8 proper course to continue where Mr. Lee. the vice president. 18 attached to one of the notices. name was present and heartly corroborated I the remarks of Cashier Hall , 8. M. Poleom president of the bank ten who has been abount for the past I days. 18 expected home the evening M W Flournoy. cashier of the First National bank. was noted whether a run , 8 0 been made on his bank He VIZ: "The deposite e doubled the 8 bad about marked. withdrawale to-day which going have shows that the people are not 8 wild over the suspensive of the Albu 1 1 National and Savings banks y DO run at all, but it 4. we will meet all e anticipate come querque demands should stand. and with business at the old if keep on At the Bank of Commerce the reporter Dr. G. W. Harrison. " * Ot one of the 9 met M. S. heaviest president. the direct WID and Cashier Strickler WISH at "Ne tors. dow. and he remarked. with is smile w has been made on our bank, and if silver and currency N h ) all demanda We are more run have meet gold, enough for that they to it pleased with the deposite o.day. di far in excess of the withdrawal it d are The Bank of Commerce 18 as solid BE an institution in the 1 banking country." English , C.W. Kennedy and Richard ob 1. + stockholders of the Savings bank. the 2 served to THE CITIZEN reporter that every depositor in the bank morning will in is very short time be paid 10 full. n 10 C.C.Hall. cashier of the Albuquer the d National informs THE CITIZEN . que that the has coloraphed th th afternoon comesseller Eckels, of
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LATE TELEGRAPHIC JOTTINGS BOTH FROM HOME AND ABROAD. What is Going On the World Over. Important Events Briefly Chronicled. Financial and Commercial. BALTIMORE, Mo.-The individual banks of this city and the Clearing House association have refused to longer assume responsbility for checks, etc., deposited with them until after collection has been made by them. The First National Bank of San Diego, Cal.. which suspended a month ago, has re. sumed. ALBEQUERQUE, N. M.-The albequerque National Ban't suspended and the New Mexico Savings Bank and Trust Company, an adjunet, also closed. GOLDEN. Coto.-The Jefferson County bank in this city has made an assignment. PHILLIPSBURG, MONT.-The First National bank closed its doors. Ward's bank of Fosterville, N. Y., has failed. There were $75,000 of deposits. The body of the proprietor was found in the rear of his house. He CO nmitted suicide. WINNIPEG, MAN.--The Commercial bank of Manitoba has been declared insolvent and liquidators have been ap; ointed. The bills of the bank are as good as gold under the Dominion law. The American Loan and trust Company Omaha, Neb., went into the hands of a receiver. The company has a paid up capital of $400,000. The cause of the failure was the failure at Houston, Tex., of the Omaha and Houston Improvement Company. The Finley county bank of Garden City, Kas., has failed. The American National bank. of Pueblo, Col., was not opened Wednesday morning. Notices on the door stated that the bank will resume as soon as it can secure money on its paper. After the suspension of the American National bank became known. the Central National and the Western National closed. These are all sound concerns and assets are ample. NEW YORK.-The New Jersey Sheep and Wool Company and the Gausevort Market Sheep Company failed Thursday morning. It is feared the failures will affect many small concerns. The liabilities will exceed $500,000, OMAHA. NEB.--The National bank of Ashland clo ed its doors. The closing of the American Saving Bank of this city are sup. posed to be the cause of the failure. NEW YORK.-A run started on the Jefferon County Savings bank. Governor Flower was present and in a speech gave assurance that the bank was entirely safe. The speech had an excellent effect. OMAHA, NEB-The American savings bank suspended with deposits of $159,000 and assets of $259,000.
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LATE TELEGRAPHIC JOTTINGS BOTH FROM HOME AND ABROAD. What is Going On the World Over. Important Events Briefly Chronicled. Financial and Commercial. BALTIMORE, Mo.-The individual banks of this city and the Clearing House association have refused to longer assume responsbility for checks, etc., deposited with them antil after collection has been made by them. The First National Bank of San Diego, Cal., which suspended a month ago, has reumed. ALBEQUERQUE, N. M.-The albequerque National Ban's suspended and the New Mexico Savings Bank and Trust Company, an adjunct, also closed. GOLDEN. Coto.-The Jefferson County bank in this city has made an assignment. PHILLIPSHURG, MONT.-The First National bank closed its doors. Ward's bank of Fosterville, N. Y., has failed. There were $75,000 of deposits. The body of the proprietor was found in the rear of his house. He CO nmitted suicide. WINNIPEG, MAN.-The Commercial bank of Manitoba has been declared insolvent and liquidators have been ap: ointed. The bills of the bank are as good as gold under the Dominion law. The American Loan and trust Company Omaha, Neb., went into the hands of a receiver. The company has a paid up capital of $400,000. The cause of the failure was the failure at Houston, Tex., of the Omaba and Houston Improvement Company The Finley county bank of Garden City, Kas., has failed. The American National bank of Pueblo, Col., was not opened Wednesday morning. Notices on the door stated that the bank will resume as soon as it can secure money on its paper. After the suspension of the American National ban't became known. the Central National and the Western National closed. These are all sound concerns and assets are ample. NEW YORK.-The New Jersey Sheep and Wool Company and the Gausevort Market Sheep Company failed Thursday morning. It is feared the failures will affect many small concerns. The liabilities will exceed $500,000. OMAHA. NEB.--The National bank of Ashand clo ed its doors. The closing of the American Saving Bank of this city are supposed to be the cause of the failure. NEW YORK.-A run started on the Jefferon County Savings bank. Governor Flower was present and in a speech gave assurance that the bank was entirely safe. The speech bad an excellent effect. OMAHA, NEB-The American savings bank suspended with deposits of $153,000 and assets of $259,000.
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$22,475.57 f DISBURSEMENTS. r' 8 995.50 Territorial tax, 4.417.18 t Current expense fund, 100.00 Road fund, 75.00 General school warrant. 470.70 School district No. 1, e 352.00 2. 160.00 4. I 270.00 5, " 219.50 6. 326.21 Treasurer's com., ending Apr. 1, 158.80 July 1, 1 14.930.68 Balance on hand, $22,475.57 The following resolution in regard to e the treasurer's report were entered on the minute book: Wherens, it appearing to the board I that A. T. Cornish, treasurer of CocoS nino county, has deposited in the Albuquerque National bauk the funds of said county, to the amount of $7,364.47, which deposit is evidenced by a certiticate of deposit, officially signed by the cashier of said bank, and it appearing to the board that said AlbuquerqueNa8 tional bank has temporarily suspended, but from all evidence obtainable by the e board at this time, the solvency of said bank is apparent, and believing it to be the best interest of the county, it is therefore: Resolved, That this board, having full faith in the integrity of said treasurer, and finding no evidence of frauds defalcation, or willful misappropriation of any county funds, and believing, in good faith, that the said bank will have resumed business on or about the time of the adjourned meeting of this session of this board, to be held September 30th, 1893, hereby graut the said treasurer until the next adjourned meeting, in which to make a full, complete and satisfactory settlement with the board, this resolution being simply a concession to the treasurer, in view of the misfortune above stated, and in no manner to be construed as a waiver of any rights of the county regarding the liability of said treasurer or any of this sureties. It is also ordered that no warrants for county indebtedness be issued after this date, until the next adjourned meeting of this session. The following bids were received for building fence around the jail and for putting in ceiling in large room of jail: Ed. Whipple-fence, $142.50; wood ceiling., $64; iron,ceiling, $100. D. Wallace-fence, $142. N. D. Ross-ceiling, $18; fence, $1.10 per rod. J. C. Grim-fence and ceiling, $230. D. Wallace was awarded the contract for building the fence. # F. ) L. Rogers was allowed $100 for expenses to represent this county before the territorial board of equalization at Phoenix.
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Bank Receiver. J. E. Saint is circulating a petition at Albuquerque, addressed to the comptroller of the currency, which is being generally signed by depositors, asking that C.C. Hall be appointed receiver for the Albuquerque National bank. It is said that the comptroller has already made a favorable proposition to the bank to reopen for business.
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ALBUQUERQUE ATOMS. A convocation of the Episcopal clergymen of New Mexico will be held at Socorro on November 9. Bishop Kendrick and Rev. Osborne, of this city, will attend.-Times. C.P. Copeland, of Russell, Kas., interested in the Star mine, Hell canon, with H. T. McKinney, is in the city, and yesterday arranged with Mr. MeK ney for a trip to the mine. John Becker, the big merchant and flour miller of Belen, yesterday consummated 1 the sale of 500 sacks of wool to Gross, Blackwell & Co. The price obtained by Mr. Becker is private. W. B. Childers, attorney to Receiver Schofield, of the Albuquerque National bank, is in Denver on legal matters connected with the J. A. Johnson injunction suit. He is expected home to-night. Dr. Pozzi, of Paris, and Oscar Cambefort, of Lyons, two wealthy French gentlemen, almost direct from France, are in the city and made R pleasant call at the Commercial club yesterday morning. They have been visiting the World's fair and are now making a tour of the southwest country. A. A. Grant returned Monday evening from Magdalena, where he superintended the shipment of some cattle. He states that Reese & Stoller and other cattlemen also shipped some steers from Magdalena. Mr. Grant reports the stock in fine condition for grass fed, and states that the country is looking splendidly. He learned before he left Magdalena that a party of Denver capitalists were arranging to establish a gold quartz mill in Water Canon, near Magdalena, in a very short time.Times. H. J. Brayton and son, R. Brayton and wife, came here about two weeks ago from Denver and registered at the Armijo. The senior Brayton left a few days ago for El Paso and is a big man physically. The junior Brayton, who 18 a small, boyish young fellow, remained with his wife, and after the senior Brayton left town S he and wife quit the Armijo and took a room upstairs over O. W. Strong's. There is nothing singular about the above news, but it now transpires that the 1 senior Brayton took all the money belonging to Mrs. Brayton, the daughter inlaw, gambled it away and then left. e It also transpires that Mrs. Brayton WAS known here as Kitty Wallace and e Kitty Ross, and that the young man with her was not named Brayton at all. It is also learned that some one was steered e against the lady, but that the young man and the scheme "for revenue" e to Yesterday to Denver for money or made failed graphed a kick purpose. she Ross railroad tele- and ticket, signed her name of Kitty last night she and the young man took the train for the north. She is a very preposossing looking brunette, and by those who know it 18 claimed that she is n really a blonde. Some folks in town had a very narrow escape.-Times. e
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# NEEDED IMPROVEMENTS. duced. As a first consideration it will be necessary to furnish a court room in which to hold the sessions, and necessary jury rooms for the use of these bodies while sitting. Offices must be provided for at least six officers. Fire proof vaults for the safe keeping of the funds and the county records are necessary appendages, as the inconvenience of the holding of $7,400 of our funds by the suspended Albuquerque National bank might be largely attributed to the lack of a suitable vault for the use of the treasurer, the funds being deemed insecure with no other protection than the safe provided for that purpose. Next we might consider the resources in view upon which we may depend. Our county now pays annually for rent the sum of $1,000. Let us see how far this sum expended in the way of interest on our investment would reach. Our school bonds were issued carrying 6 per cent. per annum. At this rate, which is a reasonable rate, and one which is usually accepted as a paying investment, the $1,000 which is paid out annually for rent would pay the interest on $16,666.66, or two-thirds of our investment, which would in this way contribute to permanent benefit, while under the present disposition it is paid out and we never receive any real good from it. The remainder of the interest on this proposition, $500, will not increase our taxes appreciably, as the rate per $100 would be only 2 2-5 cents for interest, while if we should established a sinking fund, the debt could be paid off in twenty-five years by making an additional levy of 4 2-5 cents on the $100, which would make a total actual increase of only 7 cents on the $100, certainly not a large enough increase to justify the deprivation of the necessary conveniences for the transaction of the business of the county. The records of the county under the present condition of things is very insecure, as the building occupied is far from fire proof, and the only provisions for the safety of the records is an ordinary safe, which in case of a fire would afford but little if any protection. The indices and many other of the less important records are without protection of any kind, and which, if they should be destroyed would subject the county to great expense to replace them, while the destruction of the more important would be an irreparable injury, and would involve title to a large amount of property. And even if the present appliances were adequate for present needs, in a very short time the situation will be rendered serious by the exposure of a large amount of records, as they are accumulating very rapidly. Also a considerable portion of our records are yet included in the records of Yavapai county, and it has not been deemed advisable to transcribe these records for the reason that accommodations for the preservation of them were wanting, and that in event of an accident, which we might expect at any time, this cost would be saved to the county by leaving these records where they are until provisions have been made for their safe keeping. The hall in which the sessions of court are held is ill adapted to the purpose, being large and open, subjecting the court to frequent and unavoidable interruptions by persons passing in and out, and it is also very uncomfortable, making it a disagreeable task to sit in session. The rooms furnished for jury service are too small to be comfortable, rendering this always disagreeable task still more so, and putting us usually to some extra expense. Many other improvements might be suggested, but as the length of this paper is necessarily limited it must be confined to the important considerations. As the county seat of a young and growing county, rich in resources, which, notwithstanding the present depression, will be developed in the near future, we are entitled to a court house and a good one, and it will be a mark of the enterprise and loyalty of our citizens if they take the right horn
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John W. Schofield, receiver of the Albuquerque National bank, has instituted suit against the board of county commissioners of Valencia county. The suit is brought to recover $5,000 damages for county warrants issued by the commissioners, which were cashed by the bank. While at Gallup last week Mr. M. S. Hart, the territorial coal oil inspector, inspected 4,000 gallons of oil, of which he condemned 1,300 gallons. Mr. Hart has decided to become a resident of Gallup, provided he can secure the franchise for an electric light plant from the city authorities. Assistant United States prosecuting attorney for the territory, H. B. Ferguson, returned last night from Las Cruces, where he was called to assist in the prosecution of C. H. Dane, the famous bank wrecker of Southern New Mexico. The case was called, but was postponed on account of the illness of T. B. Catron, of Santa Fe, attorney for Mr. Dane. It is likely the case will be re-called one day this week, when, it is thought, Mr. Catron will be well enough to appear for his client. —Albuquerque Citizen.
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Frank Graham, a cattle raiser of Magdalena, arrived in this city last night, en route to Denver, with about 400 head of cattle. Mr. Graham owes the Albuquerque National Bank about $4,800, and Receiver Schofield was on guard, the movements watching of the cattle and the receiver, after arranging certain matters, sent along with the cattle his clerk Charles Newhail.-Alb. Citizen.
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W. B. Strickler and wife left this after- noon for Chicago and the far eastern cities. Miss Mabel Stevens, who has been on a visit to the Grand Canon of the Colorado, returned home to-day. Horace Ropes, the well-known civil en- gineer, was at the San Felipe last night, registered from Las Cruces. Hon. Silas Alexander, ex-territorial sec- retary, came up from Socorro Monday night and went on to Santa Fe yester- day. Judge Adams, who has been quite ill for the past few days, is reported by his partner, L. R. Strauss, as much better to- day. Felix Baca and Jose Escobar will issue a Spanish weekly newspaper, called "La Voz de Nuevo Mexico," in this city, on the 15th of August. It will be six col- umns. Julius Uhlfelder left last night for Trinidad, where he accepts a position in a mercantile establishment. Julius has many friends in this city who wish him success in Trinidad. Miss Ida Summers will visit friends at San Marcial and El Paso and will not re- turn home for a month. Her sister, Miss Maud, will leave in a few days for Den- ver, where she will visit relatives several weeks. Dr. Himoe, the Atlantic & Pacific sur- geon at Needles, who took in the Grand Canon of the Colorado with other sur- geons, came into the city this afternoon. He will remain a few days and then re- turn to Needles. Rev. H. Billman, superintendent of the Indian school at Tucson, Arizona, and who is filling the pulpit of the Presbyter- ian church during the absence of Rev. Beattie, will remain among us until some time in September. M. M. Harris, the piano man, whose business in Las Vegas was closed up yes- terday, came down to the city last night and is at the Hotel Columbus. Mr. Har- ris was formerly tuner for the Clark- Wuitson-Leach Music company. Henry Essinger, the southwest agent for a Cincinnati, Ohio, wholesale liquor house, arrived from the west Monday night and is at the European. He re- ports having been blockaded during the strike for fourteen days at Yuma, Ari- zona. W. J. Dixon reached his 31st birthday yesterday. He stated to THE CITIZEN this morning that he was so busy writ- ing up the proceedings of the city coun- cil yesterday that he did not realize that he was 31 years old until last night. Success to you, is the wish of THE CITI- ZEN. Receiver Schofield, of the Albuquerque National bank, says that it is almost im- possible to get some of the creditors of the bank to call and get their dividend checks, and among them are a number of people in this city. The money is lying in the east, and should be called for and put in circulation. John N. Dixon, of Detroit, Mich., a brother of W. J. Dixon, city clerk, writes that he will visit Albuquerque about the 15th of August, and will remain in the territorial metropolis, a guest of his brother, for a few days. He is a lumber inspector of Michigan, and is on his way to California. The El Paso Herald says: "The four- teenth annual exposition of the New Mex- ico Fair association will be held in Albu- querque Septemper 11, 12, 13 and 14. This annual fair given by the citizens of Albuquerque has done more to advertise New Mexico and her resources than any other one thing." W. Schwerdtfeger, of Richmond, Va., who had the contract to repair and over- haul sixteen engines for the Atlantic & Pacific, arrived in the city last Sunday with engine No. 37, the last one of the contract. While here he was the guest of H. C. Giegoldt. The gentleman left yes- terday afternoon for his Virginia home. Col. Harris, accompanied by his daughter-in-law, Mrs. Wm. Harris, will leave for the north this evening. The colonel will continue on to Massachusetts to visit his old New England relatives and friends, while Mrs. Harris will get off at Wallace and from there join her husband at Bland, Cochiti mining dis- trict. Trainer Knight, of the Albuquerque hose running team, a gentleman who never fails to comply with all his prom- ises, will have the foot race program of the events at the fair grounds next Sun- day afternoon, ready for publication to- morrow. All arrangements for the base- ball game between the Browns and Bar- elas team have been perfected. Yesterday THE CITIZEN stated that George Weinert had been selected by Clerk Grunsfeld to collect the poll tax for the year 1894, but this morning Mr. Wei- nert resigned the position, whereupon Mr. Grunsfeld employed G. C. Beaman to do the collecting. All persons who fail to pay poll tax will be reported to the Board of Education, who will act upon such fail- ures as the law directs. Park Wilson, who was Albuquerque's
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Mora with the prisoner last Monday night. E. B. Ames, who was the treasurer of the town of Cerrillos for years, will leave this week for Tulare, Cal, where he and his family will reside in the future. Mr. Ames is one of the best citizens of the adjoining Santa Fe county, and the people of Cerrillos will find out, soon after his departure, that the town loses a good man. The gentleman is interested, with a party of Chicago capitalists, who intend to colonize thousands of acres of fruit lands near Tulare. The Las Vegas Optic says: Jose F. Jaramillo and Trinidad R. de Jaramillo, of Los Lunas, down the country, have executed a chattei mortgage to John W. Schofield, receiver of the Albuquerque National bank, on 21,000 head of sheep, more or less, in San Miguel, Guadalupe and Lincoln counties, to secure the payment of $6,820.60, the amount due from them to the defunct banking institution. Some person, supposed to be one of Albuquerque's numerous bad boys, whose parents allow to prowl the streets at all hours during the night, threw stones against two of the plate glasses of the Free Public library room, Commercial club building, the other evening, and broke them. Would you believe it possible! Politics are growing so sultry that this morning two prominent, lawyers made a Railroad avenue holiday by engaging in a street fight. They are such poor fighters that their names and the rounds fought will not be published. The ladies of the Public Library association have determined to give a series of hops, during the season now opening, for the benefit of their institution. The first party will be given on Hallowe'en, Oct. 31, and tickets will be on sale in the course of a few days. Cattle Inspector Chas. Fowler states that the cattle quarantine for the year ceases to be in force on November 1 and can not be again applied until April i. The quarantine against sheep from New Mexico, Texas, Oklahoma and Utah continues in force. The family of T. L. Burgett, the well-known engineer n the Atlantic & Pacific, after a protracted visit to relatives and friends in Wyoming, returned last night. Mr. Burgett met the folks here, and all will go west to Winslow this evening. Mrs. Fetters, who concluded the other day to rent the Windsor hotel, late yesterday afternoon concluded otherwise, and the hotel is again in the hands of Meliton Chaves, agent for Jose G. Chaves, owner of the building. V. C. Philips, who clerked at Elder & Co.'s some time ago, died at Brookline, Mo., on the 3d of October. He was here about a year ago, and there are a number of friends here who will regret to learn of his death. W. L. Haney, for the republicans, and W. S. McLaughlin, for the democrats, will this week take a census of the voters of the city for their respective parties. ### Army Notes The two cannons from Fort Marcy were to-day shipped to the ordnance depot at Benecia, Cal. The hospital stores have been sent from Fort Marcy to Fort Wingate and Dr. Kimball will follow to-night. Commissary Sergeant Lehman Hineman will be sent to Fort Walla Walla, Wash., as soon as his services at Fort Marcy can be spared to relieve Commissary Sergeant Edgar Hollenbeck. A general order has been issued regulating the allowance of pack and draft animals at all posts, which shall not exceed the rate of four for each post garrisoned by one company, with an additional company. The total number of pack and draft animals allowed the department of the Colorado is limited to 600. Lieutenant Stottler therefore expects an order shortly directing the sale of the splendid lot of mules now at Fort Marcy. -New Mexican.
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# THE SUPREME COURT. Opinions Handed Down this Forenoon in a Number of Important Suits. The supreme court met this morning and handed down a number of decisions. The case of A. M. Gentile vs. Margaret Crossan and Elliot Crossan, appealed from Bernalillo county, was reversed and sent back for a new trial so as to admit certain evidence as to the boundaries of the tract of land involved. The case of John W. Schofield, receiver of the Albuquerque National bank, vs. Stephen M. Folsom, appealed from Bernalillo, was affirmed. In this case the court below sustained the assignment made by Folsom and quashed the attachment gotten out by Receiver Schofield and the supreme court says that that decision was right. The Lyndonville National bank's suit also against S. M. Folsom was sent back for a new trial in Judge Collier's court. These three decisions were rendered by Judge Freeman. Justice Smith announced a decision dismissing the appeal in the case of W. H. Bucher, trustee, vs. Moses Thompson, et al., from Sierra county. Mr. Bucher moved to dismiss the case on the ground that there had been no final decree rendered in the case. Mr. J. W. D. Veeder made a brief argument in the case of J. G. Clancy vs. J. G. Clancy, administrator of Chas. E. Fairbank. The court took the matter under advisement and announced that a decision would be rendered on Thursday. A motion and brief in the case of J. D. Bullard vs. Lorenzo Lopez from Las Vegas was filed and continued on account of the absence of Mr. Catron. The hearing of the case of Chas. Closson against the board of trustees of Cerrillos was postponed until Thursday on account of the absence of Attorney W. C. Heacock. The court also announced that decisions in the cases of Perea vs. Harrison and the First National Bank of Albuquerque vs. Lee would not be rendered until the next term. The court passed an order providing for the publication of the decisions of the court by the West Publishing Co., of St. Paul, in its law publication, the Pacific Reporter. The court admitted to citizenship a number of Cerrillos parties, and then adjourned until Thursday at 10 o'clock.
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# OFFICIAL BUDGET. A New Indian Agent-Supreme Court -Land Court Appeals-Official Gossip. It is announced from Washington that Lieut. V. E. Stottler, 10th infantry, regi-mental quartermaster, now on duty at Fort Marcy, has been appointed as agent at the Mescalero Indian reservation in Lincoln county. He succeeds Capt. Burnett, who has been in charge of the agency for the past year, but who now retires from the army on account of age. Lieut. Stottler is an admirable business man and his friends are elated over his selection for this position. In officially announcing his appointment Col. Pearson, commanding the 10th regiment at Fort Reno, takes occasion to say: "Lieut. Stottler has been conscientious and efficient in the discharge of his duties as quartermaster and merits the good opinion of his superiors, which has induced them to confer upon him the honorable and responsible position of Indian agent." # SUPREME COURT. The case of Schofield, receiver of the Albuquerque National bank, vs. Montague Stephens et al., decided yesterday in the supreme court, settled in the affirmative the question whether or not the receiver of a national bank has the right to sue in the federal courts of the territory. Judge Freeman, who presided in the court below, decided that a receiver had no such right, although he believed the opposite. He so decided in order to give the supreme court a chance to decide the question. Yesterday when the decision was handed down it was found that that able judge had joined in a decision reversing his former ruling and declaring that the court had jurisdiction. The argument in the case of Marshal Charles Closson vs. the board of trustees of the town of Cerrillos was concluded yesterday afternoon and the decision of the case was deferred until the next term of court. The practical effect of this state of things is to leave Closson in possession of the office of town marshal until the expiration of his term. The reason for a postponement of the decision was the fact that the court was equally divided on the question involved and it will require the presence of the fifth judge, Judge Laughlin, to reach a conclusion. The supreme court then adjourned for the term. It will not reassemble again until next August. # LAND COURT APPEALS. As announced in the NEW MEXICAN on Monday, Chiet Justice Fuller on that day handed down a decision in the case of the United States vs. Earl B. Coe, involving the title to the Algodones land grant in Arizona, upon a motion to dismiss on the ground that congress had no power to confer upon the supreme court jurisdiction to entertain an appeal from a decree of the court of private land claims, by which this case was originally tried, because the latter is not vested with political power by virtue of any provision of the constitution. The motion to dismiss was denied, and the decision becomes of importance, as it effects all the decisions of the private land claims court in which appeals have been or may be taken. The decision concludes as follows: "As wherever the United States exercises the power of the government, whether under specific grant or through the dominion and sovereignty of plenary authority, as over the territories, that power includes the ultimate executive, legislative and judicial power, it follows that the judicial action of all inferior courts established may in accordance with the constitution be subjected to the appellate jurisdiction of the supreme judicial tribunal of the government. There has never been any question in regard to this as applied to territorial courts, and no reason can be perceived for applying a different rule to the adjudications of the court of private land claims over property in the territories." OFFICIAL DOTS. Melquiades T. Otero has been appointed a notary public at Cubero, Valencia county. Gov. Thornton has appointed John E Mitchell as commissioner of deeds for New Mexico at Washington, D. C. Leandro Lucero has beer appointed postmaster at Villanueva, San Miguel county, in place of Matias Garduno, removed. First Lieut. John H. Shollenberger, 10th infantry, has been designated by Colonel Pearson as regimental quartermaster to succeed Lieut. Stottler. Chief Justice Smith this morning approved the bond of Aloys Scheurich, the new Taos county commissioner. The bond is fixed at $5,000. The NEW MEXICAN is under obligations to Lieut. I. W. Littell, the efficient and painstaking adjutant of the 10th infantry, at Fort Reno, for official courtesies. The third dividend of 10 per cent made a day or so ago in favor of the creditors of the Albuquerque National bank makes in all 45 per cent, on claims proved, amounting to $253,222.33, that has been paid. District Clerk Wyllys is in receipt of a letter from Judge Laughlin written Wednesday in which he states that the case on trial will take longer than was expected so that it will probably not be finished until to-night or to-morrow. The judge hopes to be able to return from Mora to Santa Fe to-morrow night. The Las Vegas Optic and Albuquerque Citizen both announce that Chief Justice Fuller, of the U. S. supreme court, passed through New Mexico from California last Monday. As the chief justice passed upon the Algadones grant in Washington on that day, it is probable that the papers
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# THE SUPREME COURT Opinions Handed Down in a Number of Cases. The New Mexican of yesterday says: The supreme court met this morning and handed down a number of decisions. The case of A. M. Gentile vs. Margaret Crossan and Elliot Crossan, appealed from Bernalillo county, was reversed and sent back for a new trial, so as to admit certain evidence as to the boundaries of the tract of land involved. The case of John W. Schofield, receiver of the Albuquerque National bank, vs. Stephen M. Folsom, appealed from Bernalillo, was affirmed In this case the court below sustained the assignment made by Folsom and quashed the attachment gotten out by Receiver Schofield, and the supreme court says that the decision was right. The Lyndonville National bank's suit, also against S. M. Folsom, was sent back for a new trial in Judge Collier's court. These three decisions were rendered by Judge Freeman. Justice Smith announced a decision dismissing the appeal in the case of W. H. Bucher, trustee, vs Moses Thompson, et al., from Sierra county Mr. Bucher moved to dismiss the case on the ground that there had been no final decree rendered in the case. Mr. J. W. D. Veeder made a brief argument in the case of J. G. Clancy vs. J. G. Clancy, administrator of Charles E. Fairbank. The court took the matter under advisement and announced that a decision would be rendered on Thursday. A motion and brief in the case of J. D. Bullard vs. Lorenzo Lopez, from Las Vegas, was filed and continued on account of the absence of Mr. Catron. The hearing of the case of Charles Closson against the board of trustees of Cerrillos was postponed until Thursday on account of the absence of Attorney W. C. Heacock. The court also announced that decisions in the cases of Peres vs. Harrison and the First National Bank of Albuquerque vs. Lee would not be rendered until the next term. The court passed an order providing for the publication of the decisions of the court by the West Publishing, company, of St. Paul, in its law publication, the Pacific Reporter. The court admitted to citizenship a number of Cerrillos parties, and then adjourned until Thursday at 10 o'clock.
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Of Local Interest. The case of J. W. Schofield, receiver of the Albuquerque National bank, vs Montague Stevens et al, decided Thursday in the supreme court, settled in the affirmative the question whether or not the receiver of a national bank has the right to sue in the federal courts of the territory. Judge Freeman, who presided in the court below, decided that a receiver had no such right, although he believed the opposite He so decided in order to give the supreme court a chance to decide the question. Thursday when the
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Highest of all in Leavening Power.-Latest U. S. Gov't Report Baking WINNS Powder ABSOLUTELY PURE In the district court at Albuquerque NEW MEXICO NEWS. yesterday. In the case of Receiver Schofield, of the Albuquerque National bank, La Belle is on a boom. against various parties, Messrs. Clancy and Field appeared as attorneys The Albuquerque Citizen has been enfor various defendants and filed a larged and sports a new head. special plea setting up that the 10 The Eddy Argus: A great many cotper cent clause for attorney's fees in the onwood cuttings are being planted by notes given the Albuquerque National armers about Malaga for wind-breaks bank is usurions contract and can not be nd shade. enforced Receiver Schofield, by his atThe San Marcial Bee affirms that F. O. torney, W. B. Childers, filed a demurrer to Blood last week shipped two thoroughhis plea and the argument of this demurrer red Leghorn cocks to A. F. Harrison at was heard by the court but not concluded. ocorro. This question is of great interest to many borrowers, leaders and litigants. Las Vegas has set the good example of
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DISTRICT COURT. Several Important Cases Disposed of by His Honor. The case of Jesse S. Gale and Walter J. Farr vs. Raimundo Salas was tried here this morning on a charge of venue from Valencia county. The testimony showed that the plaintiffs purchased several hundred head of sheep in Socorro county which were to be delivered at Lamy Junction by the defendant. When the shipment arrived in Lamy a number of sheep were missing and the plaintiffs brought a replevin suit against Salas for that number. A judgment was found and the defendant requested to deliver the missing sheep or refund the money paid for them to the plaintiff. B. S. Rodey represented the defendant and E. V. Chavez appeared for the plaintiff. The question of the allowance of the indebtedness against the bankrupt. J. A. Johnson. came up on a petition for a review of the findings of the exceptions of the allowance of the referee, B. S. Rodey, on a note of $7,000. The main point made by the petition for a review was whether the statute of limitations had run as to the $7,000 note. B. F. Adams represented J. A. Johnson. and A. B. McMillen appeared for the agent of the stockholders of the defunct A1buquerque National bank, while Johnston & Finical looked out for the interests of the receiver of the New Mexico Savings Bank and Trust company.