Aetna Banking & Trust Company (Butte, MT)

Episode Information

Episode UID
5068259791282
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
506825979 hash
Start Date
October 19, 1906
Location
Butte, Montana (46.004, -112.535)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6928b908bba7e95e

Response Measures

None

Description

No run reported; bank was closed by Comptroller order and entered receivership and was treated as defunct.

Events (3)

1. October 19, 1906 Receivership
Newspaper Excerpt
The Aetna Banking and Trust company (branch) of Washington, D. C., has been closed by direction of the acting comptroller of the currency and Robert Lyons has been appointed receiver.
Source
newspapers
2. October 20, 1906 Suspension
Cause
Government Action
Cause Details
Closed following direction/order of the acting Comptroller of the Currency after the Washington branch was closed.
Newspaper Excerpt
Butte, Oct. 20.-In accordance with the announcement of Cashier Garside last night, the Aetna bank of Butte did not open for business this morning. The suspension is in consequence of the failure of the Aetna Banking and Trust company of Washington, a branch of the local concern.
Source
newspapers
3. November 24, 1906 Other
Newspaper Excerpt
AETNA BANK DEPOSITORS WILL GET IO PER CENT. Depositors of the defunct Aetna Banking and Trust Company will not receive more than 10 per cent or 12 per cent dividends ... the defunct Aetna bank of Butte ... Receiver Wilson ... received a check from Augustus Heinze for $100,000.
Source
newspapers

Newspaper Articles (21)

Article from The Washington Times, October 19, 1906

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AETNA BANK CLOSES DOORS PENDING PROBE (Continued from First Page.) and Receiver Lyon in studying out the condition of affairs. He said: "The Aetna Banking and Trust Company of Butte is a good bank, and I have confidence that it will provide the means to settle all claims in Washington and continue the institution," "Then you expect the bank will reopen?" "That is my expectation. I have wired to Butte the facts about the situation here. and am awaiting advices." The depositors in the local institution were composed largely of department people, though it is stated that some business men also carried accounts with them. The only connections held locally were with the Commercial National Bank, in which small amounts were placed on deposit, and at the present time that bank held about $1,500 of the savings bank's money. The Commereial did not clear for it, but simply took deposits. The notice on the door this morning stating that the bank had been closed by order of the Comptroller attracted but little attention.


Article from Los Angeles Herald, October 20, 1906

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BRANCH BANK CLOSES DOORS BUTTE, MONTANA, CONCERN IN TROUBLE Aetna Banking and Trust Company Notified by Wire from Washing. ton That Receiver Has Been Appointed By Associated Press. WASHINGTON Oct. 19.-The Aetna Banking and Trust company (branch) of Washington, D. C., has been closed by direction of the acting comptroller of the currency and Robert Lyons has been appointed receiver. This company is a branch of the Aetna Banking and Trust company of Butte, Mont. incorporated under the laws of West Virginia. The assets and liabilities, according to the last statement, are $123,943. Among the assets are $95,247 in bonds, securities, claims, etc. The management of the bank issued a statement this afternoon to the ef. fect that the Butte bank will not open tomorrow. The statement follows: "We were notified by wire today from our Washington office that the comptroller of the currency had ordered that bank closed and had appointed a receiver there. On account of this, and until we can ascertain the result of his investigation, through the advice of our attorneys, it is deemed best not to open for business in the bank here This is done to protect all concerned, and . there can be no injustice or injury to any one by so doing. "I can give no further statement at this time but would say that I shall do all in my power to bring about the best results. It will be necessary for a few days to elapse before we can get at the exact situation. "Should it be necessary to appoint a receiver there are assets which should largely protect the depositors."


Article from Deseret Evening News, October 20, 1906

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BUTTE BANK NOT OPENED. Butte, Oct. 20.-In accordance with the announcement of Cashier Garside last night, the Aetna bank of Butte did not open for business this morning. The suspension is in consequence of the failure of the Aetna Banking and Trust company of Washington, a branch of the 10. cal concern. There was no demonstration today and the bank management said It had no further statement to make at present.


Article from The Salt Lake Tribune, October 20, 1906

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FAILURE OF BRANCH INVOLVES MAIN BANK Aetna Banking & Trust Company of Washington Closes; Butte Bank Affected. WASHINGTON, Oct. 19.-The Aetna Banking and Trust company (branch) of Washington, D. C., has been closed by direction of the acting Comptroller of the Treasury, and Robert Lyons has been appointed recelver. This company is a branch of the Aetna Banking and Trust company of Butte, Mont., incorporated under the laws of West Virginia. The assets and liabilities, according to the last statement are $123,943. Among the assets are $95,247 in "bonds. securities, claims. etc." The branch had $42,271 in savings and $38,808 in individual deposits, and was liable to the head office at Butte for $40,397. The management of the main bank at Butte Issued a statement this afternoon to the effect that the Butte branch will not open tomorrow morning The statement follows: "We were notified by wire today from our Washington office that the Comptroller of the Currency had ordered that bank closed and had appointed a receiver there. On account of this, and until we can ascertain the result of his investigation, through the advice of our attorney. it is deemed best not to open for business in the bank here. This is done to protect all concerned, and there can be no injustice or injury to any one by so doing. "I can give no further statement at this time, but would say that I shall do all in my power to bring about the best results. It will be necessary for a few days to elapse before we can get the exact situation. "Should it be necessary to appoint a receiver, there are assets which should !argely protect depositors. "F. E. GARSIDE, Cashier."


Article from The Washington Herald, October 21, 1906

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BANK'S AFFAIRS TANGLED. Treasury Officials Unable to Ascertain Real Condition of Aetna. Little of interest developed yesterday in connection with the suspension of the Washington branch of the Aetna Banking and Trust Company. Deputy Comptroller Kane said the books, or rather the accounts, of the bank were in a tangled condition, so that the Treasury officials and the receiver were experiencing great difficulty in getting at the condition of affairs. He said there were no real book accounts, the entries being kept on cards and slips. Some of these seem to be missing, and the accountants are unable to trace some of the depositors' accounts. Yesterday the news was confirmed that the parent bank at Butte, Mont., had closed its doors. Few of the depositors appeared at the bank building yesterday, and these few were poor people, mostly colored men and women, who had deposited slender savings there, because of the high rate of interest offered.


Article from The Salt Lake Tribune, October 21, 1906

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WARRANT NOT SERVED Cashier of Aetna Bank Refunds Money to His Late Depositors. BUTTE, Mont., Oct. 20 -A warrant for the arrest of F. E. Garside, cashier of the Aetna bank, which closed its doors yesterday under orders of the acting comptroller of the currency, was issued this afternood on the instance of a lady depositor who had deposited ten dollars in the defunct institution shortly before it closed. The warrant was not served. however, as the lady, with all others who had deposited money with the Aetna yesterday, were refunded their money. Cashier Garside showed to the officers that the depositors of yesterday had not been entered on the books of the bank, but were placed in envelopes and deposited in the vaults, as though they were aware of the straightened condition of the bank, and official orders closing the Butte institution had not yet been received from Washington. Rather than precipitate a run, and excite the people it was decided by Cashier Garside to accept deposits and lay them aside for the depositors, as was done. The closing of the bank hardly caused a ripple of excitement in the city, business conditions remaining as usual.


Article from The Salt Lake Herald, October 21, 1906

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TROUBLES OF BUTTE BANK Warrant Issued for Cashier Garside of the Aetna, Which Was Not Served. Butte, Mont., Oct. 20.-A warrant for the arrest of F. E. Garside, cashier of the Aetna bank, which closed its doors yesterday under orders of the acting comptroller of the currency, was issued this afternoon on the instance of a lady depositor, who had deposited $10 in the defunct institution shortly before it closed. The warrant was not served, however, as the lady. with all others who had deposited money with the Aetna yesterday, were refunded their money. Cashier Garside showed to the officers that the deposits of yesterday had not been entered on the books of the bank, but were placed in envelopes and deposited in the vaults, as though they were aware of the straightened condition of the bank, and official orders closing the Butte institution had not yet been received from Washington. Rather than precipitate a run, and excite the people it was decided by Cashier Garside to accept deposits and lay them aside for the depositors, as was done. The closing of the Aetna hardly caused a ripple of excitement in the city, business conditions remaining as usual.


Article from The Lehi Banner, October 25, 1906

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NORTHWEST NOTES Silver Peak railroad was com the 16th, and the pleted The on hauled first into train. the load of lumber was new town of Blair. Nevada, at Silver Peak. Many men known in the mining industry throughout the world gathered in Denver to attend the convention of the American Mining congress, held last week. It is believed that the brutal murder of Secretary Reno Hutchinson. of the Spokane Y. M. C. A., was the crime of a footpad, not the work of a personal enemy. as was suspected at first. William M. Alderson, for many editor of the Bozeman Courier, is at Bozeman, Mont., of the after a lon3 years dead stomach. illness, of tumor aged 75. He was a native of Yorkshire, in England, and came to Montana 1886. Announcement comes from Wyoming that the Burlington is preparing to begin construction work on the extension of the Frannie-Worland line in Big Horn county on south through Thermopleis, Shoshone, and to Denver. Horace E. Voss, who was doorkeeper of the fifth Utah legislature and the most prominent colored man in the state, was shot and instantly killed by A. T. Day, another negro. Voss had reproved Day for assaulting a smaller man. The Oregon & Washington, Harriman's subsidiary corporation building to Seattle, brought condemnation proto acquire a right of way thirteen blocks of through ceedings land avenues, lying between Fourth and Sixth Seattle. Harriman wants the property for a right of way to passenger terminals. The Aetna Banking & Trust comof Washington, D. closed by direction pany has been (branch) currency. of the acting comptroller of the Robert Lyons has been appointed This company is a and receiver branch comof the Aetna/Banking & Trust pany of ButterMont., which closed the following day. Two trains collided near Monroe, Wash., killing Freight Engineer J. E. Fireman A. W. Pat Sheridan, and telle Hudson, and Freight Lawrence injuring ResPassenger Engineer George and Conductor Wetzell. It is alleged the wreck was caused by the Several freight not leaving Monroe on time. freight cars were demolished. Five masked men drove a wagon shaft of the Hayes the Mohawk mine. at lease to No. on 1 & Monett Goldat 3 o'clock Saturday morning, engineer and covered field, the five top sacks men with guns and loaded up of ore valued at $12,500. The rob so was a most daring one, and unexpected bery that it was successful. e The register and receiver of the United States land office at Helena, Montana. has received a telegram froth acting commissioner of the United States general land office. George Pollock. ordering withdrawal from entry of large areas of coal land Montana, in pursuance of the re(dent cently in announced policy of the presA warrant for the arrest of F. E. Garside, cashier of the Aetna bank, Friof Butte, which closed its doors day under orders of the acting comp troller of the currency, was issued who on the instance of a lady depositor. in had deposited $10 in the defunct stitution shortly before It closed. The warrast was not served, however, de as the lady with all others who had on d posited money with the Aetna Thursday. were refunded their money Union Pacific railway is plan construction of a Platteville Colo., and 1 :ween aing The the cutoff Laramie, heavy be Wyo., which will eliminate all 0 grades between Denver and Laramie โ‚ซ and shorten the distance to Salt Lake City. โ‚ซ Goldfield, Nevada, is doing by all odds the biggest telegraphic business The of America, considering its size. average daily number of messages โ‚ซ sent out is crowding the 3,000 mark, and during the last few days has run close to 6,000. The closing hours of the Hayes & Monette lease on the Mohawk mine at t Goldfield, Nevada, will be signalized by the shipment of the richest carload It of ore ever shipped from a mine. of will contain in the neighborhood thirty tons, valued at $1,000,000. Smith, of Elko, Nev. was is and killed by a miles George down 203 Southern Pacific run train at Rosid, about t of Ogden. The trainmen assert front g west the man walked directly in of that the train. Smith's body train was which taken the board


Article from The Washington Herald, October 26, 1906

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AETNA BANK CASHIER GONE. Examiner Can Find No Officials of Butte Concern. Butte, Mont., Oct. 25. - The grand jury to-day returned an indictment against F. E. Garside, late cashier of the defunct Aetna Banking and Trust Company, but it was found that he had disappeared. He left his hotel one evening and has not been seen around the town since. Though the sheriff and his deputies have been searching for him, Garside's stenographer said she knew that the cashier was still in the city, but the officers do not believe it. It has been discovered that Garside paid out a lot of money after the bank suspended, but Examiner Wilson has recovered most of it. Four hundred dollars was sent to Boston to pay salaries of several men there who appear to be on the pay roll of the bank. but Mrs. Foster. Garside's stenographer, sent an equal sum to the examiner when the latter took proceedings to obtain the money. So far authorities have been unable to find who owned the bank, or who was president and director of it. It appears that after the bank was found to be on the verge of collapse, the officials drew out and their interests passed to unknown persons. A number of suits have been begun against the bank by depositors. The Butte Smeltermen's Union is suing for $10,000.


Article from The Garland Globe, October 27, 1906

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NORTHWEST NOTES The Silver Peak railroad was train- completed on the 16th, and the first the load of lumber was hauled into Silver new town of Blair. Nevada, at Peak. Many men known in the mining industry throughout the world gathered of Denver to attend the convention the in American Mining congress, held last week. It is belieyed that the brutal murder of Secretary Reno Hutchinson. crime of the Spokane, Y. M. C. A., was the of a footpad, not the work of a per- at sonal enemy. as was suspected first. William M. Alderson, for many editor of the Bozeman Courier, of years is dead at Bozeman, Mont., of tumor the stomach. after a long illness, aged 75. He was a native of Yorkshire, in England, and came to Montana 1886. Announcement comes from Wyoming that the Burlington is preparing the to begin construction work on extension of the Frannie-Worland line in Big Horn county on south through ver. Thermoplois, Shoshone, and to DenHorace E. Voss, who was doorkeeper of the fifth Utah legislature and the most prominent colored man in the state, was shot and instantly killed by A. T. Day, another negro. Vess had reproved Day for assaulting a smaller man. The Oregon & Washington, Harriman's subsidiary corporation building to Seattle, brought condemnation proceedings to acquire a right of way through thirteen blocks of land lying Fourth and Sixth Harriman wants the Seattle. between avenues, property for a right of way to passenger terminals. The Aetna Banking & Trust company (branch) of Washington, D. C., has been closed by direction of the acting comptroller of the currency, and Robert Lyons has been appointed receiver. This company is a branch of the Aetna Banking & Trust com pany of Butte, Mont., which closed the following day. Two trains collided near Monroe, Wash., killing Freight Engineer J. E. Hudson, Freight Fireman A. W. Res. telle and Pat Sheridan, and injuring Passenger Engineer George Lawrence and Conductor Wetzell. It is alleged the wreck was caused by the freight not leaving Monroe on time. Several freight cars were demolished. Five masked men drove a wagon up to No. 1 shaft of the Hayes & Monett lease on the Mohawk mine, at Goldfield, at 3 o'clock Saturday morning, covered the engineer and top men and loaded up valued at $12,500. of with ore guns five The sacks robbery was a most daring one, and so unexpected that it was successful. The register and receiver of the States land office at United telegram Helena, Montana. has received a from acting commissioner of the United States general land office. George Pollock. ordering withdrawal of large areas of from Montana, entry coal the land in in pursuance of reident. cently announced policy of the presA warrant for the arrest of F. E. cashier of the Aetna bank. which closed its Garside, of Butte, doors Friunder orders of the acting compof the currency, was on troller day depositor, issued who the instance of a lady $10 in the before it had stitution deposited shortly closed. defunct The inwas not served, however, de as with all others OD money with the the posited warrant lady, who Aetna had Thursday, were refunded their money. Pacific railway The Union cutoff is plan- bening the construction of a tween Platteville Colo., and Laramie, Wyo., which will eliminate all heavy grades between Denver and Laramie and shorten the distance to Salt Lake City. Goldfield, Nevada, is doing by all odds the biggest telegraphic business of America, considering its size. The average daily number of messages sent out is crowding the 3,000 mark, and during the last few days has run close to 6,000. The closing hours of the Hayes & Monette lease on the Mohawk mine at Nevada, will be signalized of the carload It by Goldfield, the shipment richest mine. of ore ever shipped from a will contain in the neighborhood of thirty tons, valued at $1,000,000. George Smith, of Elko, Nev., was and killed by a Southern at Rosid, about Pacific run down train trainmen 203 assert miles west of Ogden. The that the man walked directly in front


Article from The Washington Times, November 24, 1906

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# AETNA BANK DEPOSITORS # WILL GET IO PER CENT Mistake in Report of Receiver Reduces Amount From 32 Per Cent Expected. Depositors of the defunct Aetna Bank- ing and Trust Company will not receive more than 10 per cent or 12 per cent dividends, although it was announced last week by the Comptroller of the Currency that the prospective dividends had been estimated at 32 per cent. The conclusion of the Comptroller was arrived at because of a clerical error made by the receiver of the Butte bank in transcribing his report to the Comptroller, the estimated losses on doubtful assets being given instead of the estimated value, as required in the report.


Article from The Daily Morning Journal and Courier, December 1, 1906

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HEINZE DONATES $100,000. His Personal Check to Help Pay Depositors of Failed Bank. Butte, Mont., Nov. 30.-Receiver Wilson of the wrecked Aetna bank of Butte, to-day announced that he had received a check from Augustus Heinze for $100,000. Mr. Heinze formerly was president of the bank, but withdrew in 1903. Belleving, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in his letter to Mr. Wilson, he contributes $100,000 towards the banks assets, and forwards, his check for that amount. The contribution should increase the bank's assets thirty per cent.


Article from Omaha Daily Bee, December 1, 1906

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AIDS HEINZE DEPOSITORS Miner Sends Check for Hundred Thousand Dollars to Trust Company Receiver. BUTTE, Ment., Nov. 30.-Receiver Wilson of the wrecked Aetna bank, announced today that he had received a check from Augustus Heinze for $100,000. Mr. Heinze was formerly president of the bank, but withdrew in 1903. Believing however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in his letter to Mr. Wilson, he contributes $100,000 towards the bank's assets and forwards his check for that amount. The contribution should increase the bank's assets 30 per cent.


Article from The San Francisco Call, December 1, 1906

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HEINZE HELPS OUT THE DEPOSITORS BUTTE. Mont., Nov. 30.-Receiver Wilson of the wrecked Aetna Bank of Butte today announced that he had received a check from F. Augustus Heinze for $100,000. Heinze was formerly president of the bank, but withdrew in 1903. Believing, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation, many of his friends may have lost their money, Heinze says in his letter to Mr. Wilson that he contributes $100,000 toward the bank's assets and forwards his check for that amount. The contribution should increase the bank's assets 30 per cent.


Article from The Times Dispatch, December 1, 1906

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AUGUSTUS HEINZE SENDS CHECK TO HELP BANK [Special to The Times-Dispatch.] BUTTE, MONT., November 30.-Receiver Wilson, of the Aetna Bank, of Butte, to-day said that he had received a check from F. Augustus Heinza for $100,000. Mr. Heinze formerly was president of the bank. but withdrew in 1903. Believing, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in whis letter to Mr. Wilson that he contributes $100,000 towards the bank's assets. The contribution increases the bank's assets 30 per cent.


Article from The Madison Daily Leader, December 3, 1906

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HEINZE'S GENEROSITY. Donates $100,000 to Depositors of Defunct Bank. Butte, Mont., Dec. 3.-Receiver Wilson of the wrecked Aetna bank of Butte has announced that he received a check from Augustus Heinze for $100,000. Mr. Heinze formerly was president of the bank, but withdrew in 1903. Believing, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in his letter to Mr. Wilson he contributes $100,000 towards the bank's assets and forwards his check for that amount. The contribution should increase the bank's assets 50 per cent.


Article from The Evening Statesman, December 24, 1906

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Grace Wilson committed suicide at Wardner, Idaho, Thursday evening by swallowing a dose of carbolic acid. She is supposed to have committed the deed in a fit of despondency. Henry Hose was executed at the Oregon state prison at Salem, Friday, for the murder of Madge Doyle in Portland some time ago. Hose cut the woman's throat from ear to ear. George Aschenbrenner, who was convicted at Colfax of a statutory offense against a young girl, and who appealed to the supreme court, has lost his appeal and must serve the sentence. The receiver of the defunct Aetna bank at Butte, Mont., has recommended to the comptroller of the currency the payment of a 20-cent dividend to the creditors of the bank on the first of February. While at work in the Bunker Hill Sullivan mine at Wardner, Idaho, Friday, A. L. Flock was struck by a timber and received serious injuries. His leg was broken and he was badly bruised in many places. Miss Merth Clark, a former resident of Vancouver, Wash., has been arrested at North Platte, Neb., on the charge of shooting and killing John Leonard, also a resident of Vancouver. The couple were supposed to be lovers. An effort is being made to secure the pardon of Herbert H. Matteson of Great Falls, Mont., who seven years ago pleaded guilty to the charge of mbezzling $200,000 from the First National bank of Great Falls, and was sentenced to ten years in prison. Shortly after the gasoline launch Traveller, with four persons on board, left the dock at Olympia, Friday evening, a tank of gasoline exploded, scattering the burning fluid all over the boat. Chas. Cheadle, the engineer, jumped into the Sound and was drowned. The others threw overboard some planks and then jumped and supported themselves until rescued.


Article from The Spanish Fork Press, December 26, 1907

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NORTHWEST After being closed for coinage poses for more than twelve years, United States mint at Carson Nevada, may be reopened within next few months. Negotiations between the unions of Butte and the Rocky tain Bell Telephone company are parently off, the situation indicating struggle to a finish. The break in the transmission wire of the Nevada Power company, whic threw Goldfield into darkness, which was charged to the strikin miners, it now develops was by a snowslide. General Funston has ordered a eral courtmartial to convene at field. This order would indicate, army men, that the troops now on at that place would be held there some time to come. Judge Bourquin of the state distric court at Butte instructed the jury acquit A. B. Clements, cashier of failed Aetna bank, on a felony charg growing out of the alleged receipt deposits when he knew the bank insolvent. A dispatch from Denver says tha James R. Barber and Summer Moon. the millionaire lumbermen Eau Claire, Wis., indicted with ator Borah for alleged conspiracy land frauds, may be taken to for trial. Colonel William Crooks, assistan to the general manager of the man lines in the Pacific northwes died in Portland on the 17th of plications growing out of a cold tracted about six weeks ago. He 76 years old. The supreme court of Montana granted a writ of habeas corpus the case of G. S. E. Wisner, an conda bank employee, who had convicted on the charge of receivin deposits when he knew his principa to be insolvent. The Smelter City bank of Durange Colo., a state institution, capital 000, has closed its doors. Lack of fidence, due, it is said, to the indic ments of prominent citizens on charges of land frauds under the eral laws, led to the suspension. O. C. Dallas, chief clerk, and J. McLeod, at the head of the survey partment in the office of United State surveyor general in Helena, have arrested. The indictment alleges fo gery and conspiracy to defraud government of the United States. The state board of pardons of tana has approved the action of ernor Tooele in granting a pardon Elizabeth Morrison, a Butte woman who, upon conviction on a slaughter charge for the killing Richard Finnegan, had been tenced to the penitentiary for thre years. The Hamilton Powder company works blew up Sunday morning at parture Bay, B. C. The loss is $40,00 No one was killed or injured. In couver, thirty-five miles away, house were shaken SO badly that it was lieved an earthquake had occurred many persons rushed to the street


Article from Daily Kennebec Journal, May 9, 1908

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CONDENSED DISPATCHES. William Melanson. aged 45, and his son Rodney, aged 15, of French Beach, N. S., were drowned in Petite passage Friday by the capsizing of their boat. Speaker John N. Cole of the Massachusetts House Friday presented to the legislative committees on Metropolitan affairs and cities, sitting jointly, a new bill for the government of the city of Chelsea. This bill provides for the appointment of a commission to supervise the work of the present city government, but does not, like previous bills introduced, depose that government. If Rev. Henry S. Dawson, an Episcopal clergyman of Canton, III., will change his faith and become a member of the Roman Catholic church, he will receive a large portion of the estate of his cousin, Miss Alice T. Booth, in accordance with the provisions of her will, filed in the probate court at New Haven, Ct., Friday. Miss Booth was formerly a resident of New Haven, but lived most recently in New York City. The estate is said to be worth about $7000. A suit to recover approximately $180,000 from F. Augustus Heinze and A. B. Clements was begun in the supreme court at: New York Friday by Robert Lyons, receiver of the Aetna Banking and Trust Co. of Butte, Mont. Heinze was formerly president and Clements manager of the institution They are asked to account for 100,000 worth of stock, a credit of $37,770 and for another amount of $43,000 which the defendants claim to have already paid. The crew of the United States collier Aberenda at San Juan, P. R., refuse to go to Norfolk. They have again entered the custody of the federal authorities pending the receipt of instructions from Washington. Alexander Dickson, a carpenter on the collier, killed his chief officer, a man named Weichert at San Juan Feb. 22. He was indicted for manslaughter, tried at San Juan and acquitted. At the same time the grand jury indicted Captain Workey of the collier for cruelty on board and he is now being tried by a naval court at Norfolk. The crew of the Aberenda, who have been held here since April, are wanted as witnesses against the captain and the department of justice ordered them to sail on the collier, assuming that they were still enlisted men. They base their refusal on the allegation that they were discharged when the trial occurred.


Article from The Spokane Press, July 29, 1908

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BUTTE CASHIER GONE BUTTE, July 29.-Bondsmen have withdrawn from A. B. Clements' surety, but the sheriff was unable to locate the former cashier of the Aetna bank. Clements was held in the sum of $12,500 on two criminal charges resulting from the bank failure and is also named as defendant in a suit started by the receiver to recover $400,000, the amount of shortage alleged to be responsible for the crash.


Article from The Billings Gazette, July 31, 1908

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CLEMENTS SOUGHT BY BUTTE POLICE FORMER CASHIER OF DEFUNCT HEINZE BANK WANTED. Butte, July 29.-A. B. Clements, former cashier of the defunct Aetna bank, a Heinze institution, is being sought by the sheriff. Mr. Clements is now out on bond aggregating $12,500 and his sureties today withdrew and instructed Sheriff Henderson to arrest Clements as soon as possible. Besides the two felony charges on which he is out on bail, a new suit was filed against him late yesterday by Receiver Robert Lyon in which it is sought to hold him responsible for about $400,000, the amount the depositors are said to have been defrauded of by the wrecking of the bank.