State Bank & Trust Company (Carson City, NV)

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Nevada Banks Fail

Reno, Oct. 23.-The State Bank & Trust company of Carson City, with branches in Goldfield, Manhattan and Tonopah, temporarily suspended today. Bank officials state there are sufficient undivided profits to pay dollar for dollar.

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MORE BANKS CLOSED

Reno, Oct. 23.-The State Bank and Trust company, of Carson City, and with branches in Goldfield, Manhattan and Tonopah, temporarily suspended today. Bank officials state they have sufficient undivided profits to pay dollar for dollar.

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NEVADA BANK TOPPLES OVER The State Bank and Trust Co. of Carson It is Predicted That It Will Shortly Resume Without Loss. Reno, Nev., Oct. 23.-The State Bank and Trust Co. with headquarters at Carson, and with branches at Goldfield, Tonopah, Manhattan and Blair, closed its doors this morning at 9.15. The state bank examiner is in charge. The difficulty is due to inability to realize on stocks placed as security for $400,000 loan made by the Sullivan Trust Co. last year. T. B. Rickey, president of the bank, is one of the wealthiest men in the state, and the bank's assets are thought to exceed its liabilities. No fear is entertained that the depositors will lose a cent. Rickey is now in San Francisco. Following the announcement that the company had temporarily suspended Nye & Ormsby Co.'s bank and Frank Golden, president of the Carson, Tonopah, Goldfield, Manhattan and Reno banks, put out a sign stating that the bank will be closed for three days in order to have sufficient coin shipped in to prepare for a run. There is no excitement and the feeling prevails that there will be no failures. A statement issued by the bank and trust company this afternoon assigns labor troubles and a drain on its deposits in the south as the reason for suspension. It is claimed that depositors will be paid dollar for dollar. A general feeling of confidence exists here. The deposits in the banks today greatly exceed withdrawals. Prominent local financiers, including. (Senator Nixon, anticipate no serious trouble. A dispatch from Goldfield states that conditions there are normal.

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MEETING OF BANK DIRECTORS IS HELD This Afternoon and Bank Examiner Miller Is Given Free Access to Institution The board of directors of the State as provided by law. Bank & Trust Company met at the A resolution was passed at the office of the President this afternoon. meeting of the board of directors that Attorney General Stoddard and Bank every courtesy should be extended Examiner Miller were in attendance to Mr. Miller. The same was forat the meeting. Attorney General warded to their representatives at the various branches of the institu Stoddard represented the state as an attorney and Attorney Alfred Chartz tion in the southern country. appeared for the bank. Nr. Miller stated that in his opinThe main object of the meeting ion it would take a couple of days was to extend to the bank examiner to go over the books and securities free access to all the books, secur- of this bank and he will not be able ities and to count the cash of the in to leave to inspect the condition of stitution. the branches until the first of the It was agreed at the meeting that week. Examiner Miller will comif the examiner found the banks to plete his task as soon as possible and be safe and secure that no step his report of the prevailing condiwhatever should be taken toward the tions will then be given to the board. Until that time the bank will appointment of a receiver, but if the examiner found the bank unsafe then remain closed and its standing financially will not be known. the state authorities should proceed

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all his banks Monday morning without fail. The Reno bank opened for business last Monday but did not open Tuesday morning. When this news was received in Goldfield it created some apprehension but it was explained that if it had remained open depositors in the other Golden banks could withdraw their deposits through the institution at Reno. As this would probably have precipitated a run on the bank at Reno, on the advice of his attorneys, Mr. Golden decided to postpone the opening until all the Nye & Ormsby banks were ready to transact business. Thomas B. Rickey of the State Bank and Trust company has returned to Carson City from San Francisco and has announced in an interview that he expects to reopen his banks next Tuesday. He declares that the State Bank is per-

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ern Nevada during the present year. He says that as a result of these recurring labor troubles hundreds of speculators and Investors withdrew their deposits and left the state in disgust. They believed in the mines and they liked the state but they were frightened away. "Six months ago," said Mr. Rickey, "the bank had deposits of over $4,000.000, and in fact had such a large amount in cash that we did not know just what to do with It. From July until the present more than $2,000,000 has been withdrawn from the bank. Several weeks ago we saw the predicament the bank would be in shortly and instructions were issued to all the branch banks to collect all outstanding indebtedness and sell the securities held for loans. But the market began to fall with amazing and unexpected rapidity: the bottom had apparently fallen out. Blocks of stock worth thousands a short time ago now brought hundreds and the bank faced the prospect of simply swamping the market by forced sales and then not saving the depositors. So we decided to close down the banks until we could handle the securities on a reasonable basis and save hundreds of persons from ruin." Mr. Rickey declared that the only company in which he is Interested that is indebted to the bank is the Rickey Land and Cattle company. which is worth more than half a million and which owes the bank between $5,000 and $10,000. Personally, Mr. Rickey says, instead of owing the bank, the bank is indebted to him. All the branches of the State Bank have been instructed to prepare statements and forward them to Carson City at once. These statements have probably been received by the home bank by this time and President Rickey has announced that as soon as these statements have been carefully gone over, he will issue a statement to the stockholders, setting forth the bank's condition and submitting a proposition for their acceptance or rejection. He has already received assurances from many of the heaviest depositors that they will not withdraw their money should the bank reopen its doors the first of the week and he is confident that the bank will be able to resume business within the next few days. Judge Langan has denied the application for a receiver for the State Bank and Trust company. The heavier depositors. and in fact the great majority of the smaller depositors are opposed to a recievership at this time, believing that the depositors would fare better under the Rickey management than in the hands of a receiver. D. Mackenzie, who returned from San Francisco a few days ago, spent several days in consultation with T. B. Rickey while in the coast metropolis. "I do not doubt for a moment but that the State Bank will reopen and pay dollar for dollar," said Mr. Mackenzie. "I have made a personal examination and I can say that the securities in the State Bank are excellent. The Rickey banks have now more than $200,000 in cash on hand but of course that is not sufficient to enable the banks to sustain a run. The depositors must agree to wait a reasonable time for their money and If some arrangement of that kind can be made I am satisfied that the bank will reopen in a few days and everybody will get his money. The only loss that would come to the depositors would be in the appointment of a receiver and I cannot urge too strongly against such a move. I am the largest depositor in the State Bank, Mr. Rickey tells me, but I am perfectly willing to give any assistance in my power to help relieve the situation and stand ready to increase my deposit substantially. Mr. Rickey informed me that he is willing to pledge to

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WILL ISSUE CERTIFICATES To all Signers of the State Bank. Will Bear Intrest At a metin gof the Board of Directors of the State Bank & Trust Company yesterday in this city it was decided to adopt the plan suggested by President Rickey to give out time certificates to the depositors who sign the agreement presented by the bank. The certificates will be payable in three, six. nine and twelve months from the dates of issuance and will bear interest at the rate of three and one-half per cent. This plan is meeting with favor among the depositors who have already signed the agreement and many who have not SO far affixed their signatures to the agreement will now sign. The officials at the meeting yesterday reported that there was only a small percentage of the many depositors who were still holding out and they thought that these would now come to the front and that it would be only a matter of a short while before all the institutions would again be running. The. first payment on these certificates will probably be paid within a very short time after the banks open and will not be held off for the agreed three months. Mr. Rickey stated that sufficient money to meet the first payment was in the vaults of the banks and as soon as they are again running and business begins to.pick up that they will be in a position to call in the first certificates. All they need is sufficient money to conduct the banks. and as fast as money accu mulates the certificates will be called in regardless of when they are due and the depositors will get their money as soon as the bank can possibly meet its demands.

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ASK FOR RECEIVER FOR BANK ternoon, D. Mackenzie, who is the heaviThe management of the State Bank est creditor of the bank, endeavored to & Trust company is under fire from sevformulate a plan for the re-opening of eral quarters, the depositors thinking the bank, and President Rickey stated they have waited long enough, and that that if he was given five days more he would have a million dollars in securiif the bank is not ready to resume, a receiver should be appointed and the afties deposited in the bank to protect every stockholder. As this is just what fairs of the institution closed up. One has been asked for the extra time was suit for the appointment of a receiver granted before taking any other action, has already been filed and there are a and there is good reason to hope that the number of others ready to come up. doors will be thrown open in a short At a meeting of the directors of the time. institution at Carson City yesterday af-

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Committe is Appointed to Consider Plaus For Re-organization of the Institution meeting today to get the control himRickey Disposes of all self but as this was found to be an His Intrests This impossibility made good his former proposition to surrender all his inAfternoon terests in the bank. Just what the plan of the stockThe stockholders of the State holders is we were unable to learn owBank & Trust Company held a meeting to the lateness of the hour when ing today to consider the propositions the adjournment of the meeting at offered by President T. B. Rickey of the bank was had but it is stated the bank to the holders of stock in that an announcement will probably the institution. be made after the meeting of tomorThe proposition submitted by Mr. row. Rickey was that in the event of all RESOLUTION ADOPTED the stock in the bank being assigned The following resolution was adoptto the bank, and the depositors of the ed at the meeting this afternoon: bank accepting deferred payments of "Resolved that in the sence of the their claims, he would loan the inmeeting and by virtue of discussion stitution $1,000,000 in securities, and of information at hand and the defithus enable the bank to resume businite action taken that the utmost conness; or, he would turn over his holdfidence is felt in the ultimate outing of nearly one-half of the capital come of the affairs State Bank and stock of the bank to the stockholdTrust Company." ers in order that the depositors might ATTACHMENT IS FILED be paid dollar for dollar. This morning Deputy Sheriff KnobThese two propositions evoked conlock served an attachment on the siderable discussion, and resulted in State Bank and Trust Company the first proposition being passed for through its President T. B. Rickey, the reason that Mr. Rickey was loath for $11,935.20. The attaching party to enumerate just what securities he is the Francis Mohawk Mining and proposed loaning to the bank. Leasing Company. Finally the proposition of Mr. RickThe attachment papers filed here ev turning over his interests in the to-day are duplicates o fthose filed bank to the other stockholders was at Goldfield and Tonpah, a certified accepted. Plans were made at the copy of the original being the papers meeting looking towards the re-organin the suit filed today. ization of the bank and placing it on Immediately after the filing of the a more solid foundation than before. papers John Eflis was appointed A committee consisting of Messrs. keeper of the institution in this city Mapes. Brougher and Shaw was apduring the day and James Logan will pointed looking to a solution of the take the night shift. These men will bank's difficulties and the matter of serve until a receiver is appointed reorganization of the institution. for the institution or a settlement of This committee is to report to the some sort is made. stockholders at a meeting to be held The serving of the papers today on tomorrow. came as a surprise to many as it was RICKEY IS ENTIRELY OUT thought that McKenzie, who really Today President Rickey assigned brings the suit in the name of the his 900 shares in the State Bank and Francis Mohawk company would wait Trust company to the other stockuntil the stockholders and directors holders and is entirely out of the had taken some definite action today institution He endeavored at the

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RICKEY HAS NEW PLAN FOR OPENING STATE BANK CARSON CITY, Feb. 5. There will be another meeting of the directors and officers of the State Bank and Trust.company in this city tomorrow, when they will endeavor to arrive at some definite plan for the opening of the banks of the company. President Rickey has offered to open the bank and capitalize it for $1,000,000 if the stockholders will turn over to the bank their stock. Unless they agree to do this the bank. will pass into the hands of a receiver.

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twenty men have already been appointed to the regular force -New.

Read what the Chronicle has to say of the conditions at Goldfield, and see what Elko county's eminent statesman and great constitutional lawyer stood for at the recent session of the legislature. If such outrages happen with soldiers in Goldfield, what would be the condition if there was no restraining authority in the camp? Is it a great stretch of imagination to say that riot, murder ar… anarchy would paralyze the industries of Goldfield and bring disgrace and ruin upon the state? Yet, Elko's eminent statesman, the speaker of the assembly, opposed all measures that had for their object the suppression of disorder and preservation of law, order and peace in every town, city and hamlet in the state.

The preliminary examination of T. B. Rickey, ex-president of the State Bank and Trust Company was on the boards at Carson yesterday. Three of the directors, Brougher, Woodbury and Meiere, testified that in their opinion the bank was solvent at the time of its suspension, and could pay dollar for dollar, with the assistance of the depositors, such as giving time to realize on securities. The prosecution endeavored to place the responsibility of the loans upon Rickey's shoulders. The directors agreed that the loans were first-class when made. During the examination, a telegram was received from Goldfield that the loan to the Kean Wonder Mining Company, amounting to $190,000, had been taken up. The telegram was admitted in evidence over the objection of the prosecution.

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T. B. Rickey, late president of the State Bank and Trust company, announced this week that he intends to take up his assigned 1,000 shares of bank stock, paying therefor $100 per share. Several of the directors have made a similar offer. If this is done before May 15th and the bank and its branches are reopened by that time the receivership proposition will be quashed. The money that will come in from this source, added to the other assets of the bank, will probably pull the institution out of bankruptey and enable the settlement of its liabilities dollar for dollar. A meeting of all the directors was held at Carson City Wednesday, all the

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OUTLOOK FOR STATE BANK

The outlook for the opening of the State Bank and Trust company is said to be growing better daily, according to the affairs of the bank, says the Carson News. The directors and the stockholders many of whom are not directors, have agreed to raise the necessary money to meet an assessment of $100 a share on the stock, and those who cannot raise the money are arranging for their friends to take over their stock and protect them with notes. It it likely that sometime during the coming week another meeting will be held by the stockholders of the institution and it will be learned just what the present status is. No action can be taken before May 13, but at that time the directors hope to have the necessary assessment raised and then to make a snowing in court. If the money is raised then the banks will be opened and the application for a receiver withdrawn or denied.

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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 corsent.Carson News.

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LEGAL ADVERTISEMETS

In the District Court of the First Judicial District of the State of Nevada, in and for Ormsby County.

State of Nevada, on relation of Jenn Sparks, W. G. Gouglass, and D. M. Ryan, constituting the Board of Bank Commissioners of the State of Nevada, Plaintiff

vs.

State Bank and Trust Company, a corporation, G. H. Meyers, J. P. Woodbury, W. Brougher, C. T. Bender, A. Livingston, G. W. Mapes P. H. Peterson, S. L. Lee, and others, Defendants. Frank L. Wildes, the duly appointed, qualified, and acting Rceiver of the State Bank and Trust Company, a corporation, having filed with the Clerk of the above-entitled District Court his petition praying for an order of said court authorizing him as such Receiver, pay over and deliver to the parties entitled therteo certain sums of money realized from collections deposited with the State Bank and Trust Company, prior to the 23d day of October, 1907, when said corporation ceased to transact business, and collected and received by said corporation subsequent to the 23d day of October, 1907, and after it had ceased to transact business, which said sums were placed in separate parcels in the vaults of said bank and were not, nor was either of them entered into the accounts of said bank to the credit of said collecting clients, or either of them, and which said sums it is alleged are now held in trust by said Receiver to be paid and delivered to said collecting clients, and the said Receiver having among other things, prayed in said petition that a day be fixed for the hearing thereof, as by said petition herein on file more fully appears,

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investigations in the bank matter as they were not prepared as yet to file their report. The Judge instructed them to take their own time and to continue the investigation as long as they saw nt. Today the jury has been busy on State Bank and Trust Company matters and this morning had Receiver Wildes of the bank before them for examination. At the session of court this afternoon the application for a homestead filed by Clara M. Cook was refused but she was allowed to use all personal property and the profits from the stock on the ranch as she saw fit.

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Will Sue The Stockholders Papers are now being prepared and arrangements completed for filing a suit against the stockholders and directors of the State Bank and Trust company to recover the last two dividends paid to them by the bank and also monies claimed to have been improperly loaned by the directors and officials. The total amount to be asked for in the suit is about $900,000 and it is stated that when the suit is ready for filing attachments will be levied on property held by those affected. The information of the suit was given by persons connected with settling the affairs and it is known the papers are now in the course of preparation and unless the plans are changed will be filed within a short time. The suit will demand that the last two dividends paid by the bank, one of 6 per cent, and the other of 9 per cent. be returned to the funds of the bank, basing the demand upon the charge made by Receiver Wildes that the books of the bank actually showed a loss at that time instead of a net profit. Other monies will be demanded to be returned because improperly loaned or expended. Among other things it is charged that there was a by-law in force at the bank which provided that no loan of over $15,000 could be made unless all the directors acquiesced in the loan. It is charged this was violated in many cases and consequently the amounts SO loaned are demanded to be returned. The Ormsby county grand jury will meet tomorrow and it is likely that perhaps the most sensational bit of evidence yet uncovered will be brought before that body. A letter was sent out from the bank here to the cashiers of all the branch banks on October 6th, stating that the bank was in very bad shape financially at the time and telling all the cashiers to be prepared to close their branch banks upon telegraphic advices. The letter was sent out on the 6th day of the month and on the 23rd of the month the bank closed its doors. There is some dispute as to the authorship of the epistle, President Rickey denying that he either wrote or authorized the letter but it is claimed that he did so, and had it sent out. One of the letters is now in existence and will likely reach the jury at the session tomorrow. After this letter was sent the cashiers of the bank continued to receive de posits and honor checks and do other business until the doors of all the institutiens were closed on the 23rd of the month. The bond question will also be further investigated by the grand jury and District Attorney Roberts at the meeting tomorrow and it is thought that the matter will then be determind.-Carson News. awa

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THOMAS 13

KICKEY accires that ne is in danger of assasination in Ormsby county and that for this, and half a hu "red other reasons he don't want to be tried in this county for wrecking the State Bank and Trust Company. He also says that the United States District Attorney took the stump and denounced him, that influential citizens have done the same, that the newspapers in particular, have been active in showing up the said affiant that depositors, their friends, relatives and their friends and relatives unto the third and fourth generation of them that hate Tom Rickey are industriously abusing the affiant for wrecking the bank, and that for these and sundry and divers other reasons he cannot get a fair trial in Ormsby county, or in half a dozen other counties in the State of Nevada. The affidavit bears down partienlarly hard on the newspapers. It devotes several pages to a description of what Senator Newlands calls the "mellific" influence of the cartoon, as she is cartconed in Nevada. The language of the affidavit is: "That all of said newspapers. immediately after said bank suspended as aforesaid, commenced and thereafter, to the present time, continued most vio lent. virulent and impassioned publications against affiant and the other directors of the bank. That all of said newspapers at all times after the suspension said bank published editorials and statements charging affiant petitioner, with having used the funds of said bank unlawfully and corruptly for the personal profit of affiant petitioner. and published state ments at all times heretofore that affiant has used his office as president of the said bank to make loans to corporations, partnerships and associations in which affliant was Interested. and published statements that afflant had diverted the fuds of said bank to build houses and improve property in reckless disregard of the interest of said depositors, and for the purpose of indirectly enriching affliant. "That said newspapers at all times aforesaid published statements than loans were made of the Name of said bank upon worthless securities and upon mining stocks regardless of the value of the property because affiant had an interest as borrower and would profit by the loan made. And said newspapers a all times as aforesaid, published statements that after the .ank had failed affiant had favored some depositors as against others by permitting said favored depositors. by indirection to receive their deposits in full. while the other depositors were being injured by the

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BIG NOTE AT SMALL PRICE This afternoon in front of the court house Deputy Sheriff Ellis sold a twenty-five thousand dollar note for two dollars and a half. He also disposed of one hundred thousand shares in a mining company for two dollars. The notes were given by John Ross, Ur., to the State Bank & Trust company at the time of the southern boom. It was endorsed by Homer Wilson and W. J. Murphy. Doctor McClean bid in the note for the above amount. Upon looking (it over he came to the conclusion that it was the lost Charley Ross that the paper was really intended for. In the case of the 100,000 shares of the Wildman Consolidated stock the best bid that the sheriff could get was two dollars. Doctor MeCelan also took this paper into camp. He states that he is using it for decorative purposes and wanted to add it to his collection. This is but one lot of such securities that will be cleaned out of the safe of the State Bank by the receiver.- Carson Appeal.

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ORDER TO SHOW CUSE WHY RECEIVER SHOULD HOT PAY TO ESMERALDA COUNTY, NEVADA, A SPECIAL DEPOSIT

Upon reading and filing the verified petition of Esmerella County, Nevada, and on motion L. Emn Walsh, District Attorney of county, it is

ORDERED that Frank L. Wilde Receiver of the State Bank and Trust Company, a corporation, show cause at the Court House in Carson City, Nevada, on the 11th day of March, A. D. 1912, at the hour of 10 o'clock a. m. of said day, or as soon thereafter as counsel can be heard, why the sum of $4.870.03, alleged to have been received by said State Bank and Trust Company from Esmeralda County, Nevada, as a special deposit, should not be made a preferred claim and paid to Esmeralda County as such.

It is further ordered that a copy of this order, together with a copy of said petition, be served upon Frank Wildes, Receiver as aforesaid, at least 20 days before the hearing, and that a copy of this order be published in the Carson Appeal for the period of 15 days, before the day of hearing.

Dated February 5, A.D. 1912.

FRANK P. LANGAN, District Judge.

J. EMMETT WALSH, District Attorney of Esmeralda County, Nevada, Attorney for Petitioner. First publication, Feb 9, 1912 Last publication, Feb. 27, 1912

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cause at the Court House in Carson City, Nevada, on the 11th day of March, A. D. 1912, at the hour of 10 o'clock a. m. of said day, or as soon thereafter as counsel can be heard, why the sum of $4,870.03, alleged to have been received by said State Bank and Trust Company from Esmeralda County, Nevada, as a special deposit, should not be made a preferred claim and paid to Esmeralda County as such.

It is further ordered that a copy of this order, together with a copy of said petition, be served upon Frank Wildes, Receiver as aforesaid, at least 20 days before the hearing, and that a copy of this order be published in the Carson Appeal for the period of 15 days, before the day of hearing.

Dated February 5, A.D. 1912.

FRANK P. LANGAN, District Judge.

J. EMMETT WALSH, District Attorney of Esmeralda County, Nevada, Attorney for Petitioner. First publication, Feb 9, 1912. Last publication, Feb. 27, 1912

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The State of

M. Sullivan Trust Company, a corporation, Greeting:

You are hereby required to appear in an action commenced against you as defendant by Frank L. Wildes as receiver of the State Bank and Trust Company, a corporation, as plaintiff in the First Judicial District Court of the State of Nevada, in and for the County of Ormsby and answer the Complaint therein within ten days after the service on you on this Summons (exclusive of day of service), if served in said county, or twenty days if served out of said county, but within said District, and in all other cases forty days; or judgment by default will be taken against you according to the prayer of said complaint. This action is brought to recover judgment for the sum of $284,955.79 together with interest on $100,000.00 thereof from December 12, 1906, at the rate of one per cent per month: interest on $18,302.00 thereof from June 5, 1907 at the rate of one per cent per month; and interest on $161,058.13 thereof from June 5, 1907 at the rate of one per cent per month; interest on $3,583.04 from August 5, 1907 at the rate of one per cent per month; and interest on $1352.63 from August 19, 1911 at the rate of one per cent per month; together with five thousand dollars as attorneys fee, on the ground that the defendant, L. M. Sullivan Trust Company made and delivered to the State Bank & Trust Company, a corporation, its certain promissory notes in writing, one for the sum of $18,302.00 dated June 5, 1907: one for the sum of $161,058.13 dated June 5, 1907: one for the sum of $3.583.04 dated August 5, 1907, all of which said promissory notes bear interest at the rate of one per cent per month, and none of which have been paid nor any part thereof, nor the interest thereon, which said promissory notes are now owned and held by the plaintiff

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DIVIDEND A IS DECLARED Receiver Frank Wildes of the State Bank & Trust Company has declared a ten per cent dividend. payable to the depositors. The coin in this case, or a considerable portion of it, is the result of the late compromise in the Director smit. Mr. Wides at the conclusion of the : as stated that he would send the money Out to the depositors. He has kept ins word on this score. This makes tewenty cents on we dollar that has reached the Jepost of J. and Mr. Wildes has hopes that a considerable additional amount will eventually be paid those who apparantly lost all when the bank closed its doors. Some of the assets that looked hopeless are now showing values. The paying of the ten per cent dividend at this time will be ap preciated by the many who need the money.

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Circulating Petition

A. W. Briggs of Tonopah came over from the silver camp this morning to circulate a petition for the removal of Frank Wildes as receiver of the State Bank and Trust company. This movement was started in Carson two or three weeks ago and the petition has been liberally signed by depositors in the defunct institution. The petition asks for the appointment of former Governor Jewett W. Adams in the event of the removal of Wildes from the receivership.-Goldfield Tribune.