Bi Metallic Bank (Cripple Creek, CO)

Episode Information

Episode UID
6686170491247
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Bank ID
668617049 hash
Start Date
November 5, 1903
Location
Cripple Creek, Colorado (38.747, -105.178)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
511455c2c9c4d8c5

Response Measures

None

Events (3)

1. November 5, 1903 Run
Cause
Local Banks
Cause Details
Run triggered by failure/suspension of First National of Victor and heavy withdrawals following that failure and sharp decline in mining stocks/real estate.
Measures
Bank closed voluntarily to protect depositors; notice on door 'Bank closed; statement later.'
Newspaper Excerpt
The news of the closing of the Bi-Metallic bank spread rapidly, and it at once started a run ... Hundreds are now in line before the doors
Source
newspapers
2. November 5, 1903 Suspension
Cause
Local Shock
Cause Details
Bank failed to open and closed after heavy decline in mining stocks/real estate and contagion from Victor's failure; directors made assignment.
Newspaper Excerpt
The Bi-Metallic bank of this city failed to open for business this morning. Its failure is due to the suspension of the First National of Victor which failed yesterday.
Source
newspapers
3. November 13, 1903 Receivership
Newspaper Excerpt
District Judge Seeds today appointed V. B. Cosad, real estate and mining broker, as receiver for the Bimetallic bank, a state institution which closed its doors on Nov. 5.
Source
newspapers

Newspaper Articles (21)

Article from The Topeka State Journal, November 5, 1903

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BANKS FAIL. A Trust Company Follows at Pueblo, Col. First National of Victor Closes Its Doors. Bi-Metallic at Cripple Creek Joins the Procession. DUE TO MINERS STRIKE Bank Officiais Were Interested in the Mines. Institution at Sheldon, Iowa, in Hands of Receiver. Colorado Springs, Col., Nov. 5.-A special to the Gazette from Victor states that the First National bank of Victor has closed its doors by order of Bank Examiner Lazear. Shrinkage of deposits as a result of the long continued miners' strike is given as the reason for suspending business. President F. M. Woods states that all depositors will be paid in full. The closing of the bank caused no apprehension in financial circles, either in Cripple Creek or Colorado Springs. TRUST COMPANY QUITS. Pueblo, Col., Nov. 5.-As a consequence of the failure of the First National bank of Victor, Col., the Pueblo Title and Trust company, capital $250,000, will not open for business today. The trust company is controlled by. the Woods Investment company which also owned the Victor institution. Small of the company anthat the deposits are nounce Secretary $250,000 and the assets are $450,000. An assignment has been made by the Pueblo Title and Trust company to E. P. Shove, of Colorado Springs. The bank did not open today, the managers being in fear of a run. Mr. Shove, after examining the condition of the assets stated today that the Title and Trust company is perfectly solvent and can pay all demands within 30 days. The bank's deposits are about a $250,000 including the accounts of aslarge number of working men. The sets are stated to be about $450,000. WOODS MAKES STATEMENT. Victor, Colo., Nov. 5.-Frank M. Woods, general manager of the Woods folInvestment company, has made the the lowing statement of the closing of of Victor National bank of this city, which "The he strike is president: resulted in withdrawals from the bank, chiefly by men who were leaving the district, and our reserve was depleted until T. P Kane, deputy the comptroller of the currency, ordered bank closed by Bank Examiner J. B. Lazear, who is in charge. The Woods First Investment company is behind the in National and depositors will be paid with full and the mining properties which the Woods Investment company is interested will continue operations as heretofore. DUE TO MINERS' STRIKE. Washington, Nov. 5.-The First Nabank of Victor, Col., has been tional closed by direction of the acting comptroller of the currency, the examiner James reporting the bank to be insolvent. B. Lazear, national bank examiner, was has been appointed receiver. The bank organized in September, 1900. The failure, the acting comptroller by is due to losses sustained states, of excessive accommodations extended reason to mining interests with which the officers of the bank were connected. The statement of the reand liabilities of the bank on September sources 9, 1903, the date of the last of condition made to the comp- of report troller shows loans and discounts $231,742: cash and cash items, $63,514; deposits, $304,346. FARMERS RESPONSIBLE. Ia., Nov. 5.-The Sheldon bank Sheldon, closed its doors and will go into the hands of a receiver. Officers of the bank assign the cause of the failure to the slow payment of notes by farmers the past two years. RECEIVER NAMED. Ia., Nov. 5.-Judge Gaynor, on application Sibley, of the stockholders, ap- the pointed W. R. Ady receiver of State bank at Sheldon. The assets are about $225,000; liabilities about $175,000.


Article from The Roswell Daily Record, November 5, 1903

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Cripple Creek, Nov. 5.-The news of the closing of the Bi-Metallic bank spread rapidly, and it at once started a run on the Colorado Mining Company of which James F. Hadley is also president. Hundreds are now in line before the doors of the company.


Article from Lewiston Evening Teller, November 5, 1903

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BI-METALLIC ALSO FAILS Failure of Title & Trust Company Closes Branch Institution CRIPPLE CREEK, Col., Nov. 5.-The Bi-Metallic bank of this city failed to open for business this morning. Its failure is due to the suspension of the First National of Victor which failed yesterday. The Bi-Metallic was capitalized at $100,000 and had nearly a quarter of a million deposits.


Article from The Daily Tribune, November 5, 1903

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BI-METALLIC CLOSED. Cripple Creek Bank Closes Voluntarily. Cripple Creek, Nov. 5-The BiMetalile bank of this city closed this morning and is now in the hands of a receiver. A run was started on the institution and it was closed in order to protect its depositors. It is thought the bank will get relief and reopen. J. F. Hadley 18 the president and E. P. Arthur the cashier.


Article from Arizona Republican, November 6, 1903

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TOO MUCH REAL ESTATE. Cripple Creek, Colo., Nov. 5.-The Bimetallic Bank of Cripple Creek failed to open today. A heavy decline in real estate and mining stocks is assigned as the cause of failure.


Article from The Times Dispatch, November 6, 1903

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ONE BANK GLOSES RUN ON ANOTHER Bimetallic Bank of Cripple Creek Fails to Open its Doors for Business. (By Associated Press.) CRIPPLE CREEK, COL., Nov. 5.-The Bimetailic Bank, of Cripple Creek failed to open its doors to-day. The Bimetallic is a State bank. capitalized at $100,000, and its deposits aggregate about $220,000. City Treasurer A. G. Johns, assistant cashier of the bank. said: "The cause of the failure to open our doors is the heavy decline in mining stocks and real estate. I believe we will be able to pay dollar for for dollar. but we must have time." In consequence of the closing of the Bimetallic Bank a run was started on the Colorado Banking and Trust Company, an allied Institution. Hundreds were In line during the afternoon. "The company is in good condition." said James F. Hadley, who is president of both the trust company and the bank. "and will. not be affected by the closing of the bank. We have only about $50,000 on deposit subject to withdrawal."


Article from The Daily Silver State, November 6, 1903

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Financial Institutions in Colorado Closed Their Doors Yesterday DEPOSITORS WILL BE PAID Heavy Decline in Mining Stocks Causes a Failure at Cripple Creek Cripple Creek, Colo.; Nov. 5.-The Bi-metallic bank of Cripple Creek failed to open today. A notice on the door announced "Bank closed. Statement later." The Bi-metallic is a state bank, established in 1891, by David H. Moffat, and sold by him in 1901 to James F. Hadley and others. It is capitalized at $100,000 and its deposits aggregate $220,000. City Treasurer A. G. Jones, assistant cashier of the bank, said: "The cause of the failure to open our doors is the heavy decline in mining stocks and real estate. I believe we will be able to pay dollar for dollar, but we must have time." In consequence of the closing of the Bi-metallic bank a run was started on the Colorado Banking and Trust company, an allied institution. Hundreds are in line at this company's ouice seeking to draw out deposits. "The company is in good condition," said James F. Hadley, who is president of the trust company and the bank, "and will not be affected by the closing down of the bank. We have only about $50,000 on deposit subject to withdrawal."


Article from The Indianapolis Journal, November 6, 1903

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BIMETALLIC BANK FAILS CRIPPLE CREEK INSTITUTION WILL GO INTO LIQUIDATION. Its Assets Impaired by Decline in Mining Stocks and Real Estate-Other Colorado Banks in Trouble. CRIPPLE CREEK, Col., Nov. 5.-The Bimetallic Bank of Cripple Creek failed to open its doors to-day. A notice on the door announced, "Bank closed; statement later." The Bimetallic is a State bank, established in 1891 by David H. Moffatt and sold by him in 1901 to James F. Hadley and others. It is capitalized at $100,000, and its deposits aggregate about $220,000. The officers are: President, James F. Hadley; vice president, Bruno Hobbs; cashier, E. P. Arthur. City Treasurer A. G. Jones, assistant cashier of the bank, said: "The cause of the failure to open our doors is the heavy decline in mining stocks and real estate. I believe we will be able to pay dollar for dollar, but we must have time." The directors of the Bimetallic Bank this afternoon made an assignment to -E. P. Arthur, the cashier. It is understood the bank will liquidate and go cut of business. In consequence of the closing of the metallic Bank a run was started on the Colorado Banking and Trust Company, an allied institution. "The company is in good condition," said John F. Healy, who is president of both the trust company and the bank, "and will not be affected by the closing of the bank. We have about $50,000 on deposit subject to withdrawal."


Article from The Providence News, November 6, 1903

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RECEIVER ASKED FOR. Attempted to Be Made to Wind Up the Falled Cripple Creek Bank. Cripple Creek. Colo., Nov. 6.-Vive President and Manager Bruno Hubbs of the failed Bi-metallic bank, returned last night from the northern part of the state. He said that while he could not give accurate figures, the available assets of the bank were approxmately $40,000 cash and $280,000 loans which could be collected within a few weeks. The deposits, he said. would mount to about $210,000 and would all be paid. Mr. Hobbs said negotiations had been begun for the reorganization of the bank. Tully Scott, an attorney acting for himself and other depositors. last night petitioned the district court for the appointment of a receiver for the bank.


Article from The Eureka Sentinel, November 7, 1903

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GENERAL NEWS SUMMARY. Sugar has been reduced 5 cents per 100 pounds. The Bi-Metallic Bank at Cripple Creek, Colo., suspended November 5. All gambling games in Butte, Montana, have been closed by the municipal authorities. Exceedingly low railroad rates have been made from Butte to Colorado, Utah and Idaho points. President Roosevelt has issued the usual National Thanksgiving Day proclamation, designating Thursday, November 26, as a day of Thanksgiving. Mrs. Eliza C. Hendricks, the widow Vice-President Thomas A. Hendricks, died at her home in Indianapolis Tuesday at the age of 80 years. She was stricken with paralysis_ three weeks ago and death had been expected several days.


Article from The News & Observer, November 7, 1903

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Colorado Banks Shut Doors. I (By the Associated Press.) Cripple Creek, Col., Nov. 5.-The Bimetallic Bank of Cripple Creek failed to open its doors today. The Bimetallic is a State bank, capitalized at $100,000 and its deposits aggregate about $220,000. City Treasurer A. G. Johns, assistant cashier of the bank, said: "The cause of the failure to open our doors is the heavy decline in mining stocks and real estate. I believe we will be able to pay dollar for dollar but we must have time." In consequence of the closing of the Bimetallic bank a run was started on the Colorado Banking and Trust Company, an allied institution. Hundreds were in line during the afternoon. "The company is in good conditions," said James F. Hadley, who is president of both the trust company and the bank, "and will not be affected by the closing of the bank. We have only about $50,000 on deposit subject to withdrawal." Pueblo, Colo., Nov. 5,-The Pueblo Title and Trust Company did not open today, the managers being in fear of a run. E P Shrone, of Colorado Springs, to whom an assignment was made, stated today that the Title and Trust Company is perfectly solvent and can pay all demards within thirty days. The bank's deposits are about $250,000, including the accounts of a large number of workingmen. The assets are said to be about $450,000.


Article from River Falls Journal, November 12, 1903

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At Cripple Creek, Col., the Bimetallic bank, with $50,000 deposits, closed its doors, and the Pueblo (Col.) Title and Trust company, with $250,000 deposits, assigned. The Hollister Brothers' lumber yard near Thorpe, Wis., containing about 700,000 feet of lumber, was destroyed by forest fires. A mob lynched Samuel Adams, a negro, at Pass Christian, Miss., for assaulting the wife of one of the most prominent residents of the place. It is said that Edward L. Wentz, Philadelphia millionaire, missing since October 14, is held in the Cumberland (Va.) mountains for $100,000 ransom. H. J. Hoover, former cashier of the Licking county bank at Newark, O., confessed to be short in his accounts $36,000.


Article from Northern Wisconsin Advertiser, November 12, 1903

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FISCAL AFFAIRS. The Victor (Colo.) First National bank, with $300,000 deposits, closed. The Sheldon (la.) State bank, with $175,000 liabilities and $225,000 assets. is insolvent. In Chicago A. J. Stone, real estate dealer, petitioned the United States court to relieve him from indebtedness of $61,231. The Bimetallic bank of Cripple Creek, Colo., with $50,000 deposits, closed its doors. The Pueblo (Colo.) Title and Trust company, with $250,000 deposits, assigned. Paul Jones was appointed receiver of the Young Repeating Arms company of Columbus, O., a company. organized under the laws of New Jersey. The company is capitalized at $60,000. Pressing claims amount to $25,000.


Article from Deseret Evening News, November 13, 1903

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BIMETALLIC BANK. V. B. Cosad of Cripple Creek Appointed Receiver. Chipple Creek, Colo., Nov. 13.-District Judge Seeds today oppointed V. B. Cosad, a real estate and mining broker, as receiver for the Bimetallic bank, a state institution, which closed its doors on Nov. 5, and subsequently made an assignment to turn over to the receiver all the bank's assets. Receiver Cosad's bond was fixed at $350,000.


Article from Arizona Republican, November 13, 1903

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WANT NO RECEIVER. Victor Bank Will Oppose Prosposition to Appoint One. Denver. Colo., Nov. 12.-A special to the Republican from Cripple Creek, Colo., says Judge Seeds in the district court this evening announced that he will. tomorrow, name a receiver for the Bi-Metallic bank. The attorneys for the bank gave notice of an appeal.


Article from Morgan County Democrat, November 13, 1903

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Happenings of the Past Sever Days in Brief. ROUND ABOUT THE WORLD Casualties and Fires, Personal and Po litical Notes, Business Failures and Resumptions, Weather Record. INTELLIGENCE FROM ALL PARTS DOMESTIC. Railway postal clerks last year handied 15,999,803,630 pieces of mail mat ter. A new counterfeit five dollar silver certificate, series of 1899, check letter A. plate No. 161; Lyons, regis trar; Roberts, treasurer, has been dis covered. Grover Goss, Harry Eitzarach and Ray Ward were burned to death in a livery barn fire at Montpelier, Ind. The Sheldon (Ia.) State bank went into a receiver's hands, with liabilities of $175,000; assets, $225,000. Washington officials believe the rev. olutionists will be successful in Panama and think the supremacy of the United States is complete. Six men were killed and ten injured by the explosion of a United States naval magazine at Iona Island, N. Y. The property loss was $500,000. Chicago banks report an increase of nearly 23 per cent. in savings deposits during the year ended October 15, the total being $104,600,000. President Roosevelt has accepted the resignation of Judge Oliver Shiras, of the northern Iowa district court, to take effect at once. George H. Maxwell, chairman of the national irrigation commission. says the present land laws are an invitation to fraud. President Compers, of the American Federation of Labor, at the Boston convention will oppose sympathetic strikes as a menace to the industrial life of the nation. Employes of the Chicago City Railway company voted in favor of a strike. A general strike of coal miners in district 15, which includes Colorado New Mexico, Utah and Wyoming, is said to be Inevitable. President Roosevelt has been asked to forbid the United States marine band to accept engagements to play for pay. The Bimetallic bank of Cripple Creek, Col., with $50,000 oposits, closed its doors, and the Pueblo (Col.) Title and Trust company, with $250,000 deposits, assigned. The president has appointed Daniel Thew Wright, of Cincinnati, to be justice of the supreme court of the District of Columbia. Edward L. Wentz Philadelphia milHonaire, missing since Oct. 14, is held in the Cumberland (Va.) mountains for $100,000 ransom Hollister Brothers' lumber yard near Thorpe. Wis., containing about 700.000 feet of lumber, was destroyed by forest fires Samuel Adams a negro, was lynched by a mob at Pass Christian, Miss. for assaulting the wife of one of the most prominent residents of the place. Harry J. Hoover, former cashier of the Licking county bank at Newark D., confessed to be short in his ac counts $36,000. There were 246business failures in the United States during the seven days ended on the 6th, against 253 the same wek in 1902. Judge Cleveland, in New Haven Conn. decided that the letter giving $50,000 to William J. Bryan could not be admitted to probate with the will of Philo S. Bennett. Iron workers were ordered on strike which will involve the whole country in a bitter struggle. One hundred nonunion miners near Knoxville, Tenn., were attacked by union men, placed on a train and force to leave town. The exchanges at the leading clearing


Article from The Newark Journal, November 13, 1903

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The regular session of the Cuban congress convened on the 2d. The war department is desirous in of establishing an army post every state in the Union. The Bi-metallic Bank at Cripple Creek and the Pueblo Trust Company are in the hands of a receiver. Mrs. Thomas A. Hendricks, widow of the late vice president, passed away at her home in Indianapolis, Ind., a few days ago. Louis Morthfield shot and kille.i a his wife and then suicided at a boarding house in Washington few hours after being released from an insane asylum. The vatican buildings at Rome had a narrow escape from destructionb y fire on the 1st inst. After fighting for three hours the firemen the succeeded in extinguishing flames, but considerable damage was done. The comparative statement of the government's receipts and expendithat for were total tures receipts show $46,963,213, October, 1903, leav- and the expenditures $51,901,478, ing a deficit for the month of $4, 947,265. Secretary Shaw has given notice that on February 2, 1904, interest will cease on such of 5 per cent bonds of 1904 as may be outstanding on that date. The redemption of these bonds will continue with interest until maturity. Jacob Bishop, white, who murdered his wife in a populous suburb of Louisville, Ky., was save1 from being lynch d by two officers, who for two hours stood back to back and kept off the mob until reinforcements arrived. ร€ series of earthquake shocks were felt at points in Missouri, Illinois, Indiana, Kentucky, Tennessee and No Mississippi on the 4th inst. damage was done, but in Memphis and St. Louis occupants distinctly felt tall buildings swaying. 'A battle took place in Weston county, Wyoming, between a sher iff's and a band in which Sheriff dians, posse of Miller, Sioux Dep- Inuty Fosenberg and six Indians were killed. The Indians were from the Pine Ridge and Rosebud agencies in South Dakota and were violating the game laws of the state. Lieut. A. M. Beecher, ordnance officer of the battleship Maine, fell from the forward turret to the handling room, a distance of forty feet, At and died within a few hours. the time of the accident the battleship was off Gay Head, en route from Menemsha Bight, to engage in target practice. Lieut. Beecher was examining articles of ordnance when he lost his balance and pitched headforemost through the turret to the handling room. His skull was fractured. Formal announcement has been received at Washington from Panama of the establishment of a new at that place. The of the may government cause revolution being the re- be briefly summed up as sult of the action of congress of Colombia at Bogota in rejecting the Hay-Herran canal treaty. The Panamaians are almost to a man in favor of the construction of the canal by the United States, and it had repeatedly been prophesied before and after the meeting of congress that Panama would secede if the treaty was rejected, and would probably come to terms with the United States for the building of the great isthmian waterway. Charles Beeler, who has just completed a sentence of four years in the Texas penitentiary for robbing the Wells-Fargo Express company of $52,000, has engaged extensively in the mercantile business at Austin. The strike of Pacific Express om


Article from The Roswell Daily Record, November 14, 1903

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RECEIVER APPOINTED. I District Judge Seeds Appoints V. B. Cosad Receiver. Cripple Creek, Colo., Nov. 13.trict Judge Seeds today appointed V. B. Cosad, real estate and mining broker, to be receiver for the BiMetallic Bank, a state institution which closed. its doors November 5, and subsequently made an assignment to Chas. C. Butler. The court ordered the assignee to turn over to the receiver all of the bank's assets. The receiver's bond was fixed at $350,000. An appeal was taken by the bank officers from Judge Seed's decision to the court of appeals.


Article from The Elbert County Tribune, November 19, 1903

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COLORADO BRIEFS. The people of Montrose county school have voted to establish a county high at Montrose. Street car service has been suspend- coal ed in Boulder on account of the strike. h e The Denver postoffice has been allowed nine more letter carriers in ad. dition to the present force. if In the District Court at Cripple Creek reJudge Seeds appointed D. B. Cozad D. ceiver for the Bimetallic Bank and P. Wilder as counsel for the receiver. "Order of the American Boy, ChapNo. 1,' is the name of an organizag ter tion formed in Pueblo in which the High School boys are entered as memd 11 bers. Arvada, Denver's Jefferson county incorsuburb, has again voted not to to 94. the ballot standing 98 e O porate, A previous vote stood 90 to 60 against incorporation. y Mrs. Helen M. Grenfell, state super- red intendent of public instruction, has of covered from her recent attack at bronchitis and resumed her duties the state house. The secretary of the interior has de- to to allow the grazing of not exceed cided 50,000 head of cattle and horses Colo in the White River reservation, rado, during the season of 1904. The Colorado Springs High School regsoon have a gymnasium and a the will ular to take both Work in the gymnasium, be work. director charge will of for young men and women, compulsory. Forty-one girls were received Den- into Crittenton Home at the the past year. ver a very few out girls Florence during married, left Five now without of the permission, and many are doing honest work. What is known as the Garwood Denver fac of the Republican party in 10th at tion convention November which held a a full charter ticket was placed Orain nomination, headed by H. M. hood and Oscar Reuter. Charles F. Sampson, one of profession- the greatand last of the old-time Denest gamblers of Colorado, died in al the 12th inst., of heart disease, He was ver at the on age of sixty-seven years. a life member of the Elks. Charles Kirkman, an employe in the at was instantly the Leadville, Resurrection concentrating caught killed mill on in the instant by being and 10th which tore him to pieces his belting, completely severed his head from body. President has made the Frank follow- E. The postoffice appointments. Arthur F. ing Crested Butte; Songer, Berthoud; Robert W. Miller, CampBrown, Brighton; George W. Paonia; 1 bell, Rolland Oliver, Springs. Benjamin Hotchkiss; F. Niesz, Steamboat Kansas City dispatch of November head A Col. Thomas Holland, 11th says: Salvation Army colony at Amity, wreck of the a victim of the Dean was Colorado, Santa Fe and who at first will on the to be fatally injured, to believed leave the hospital Friday and return Colorado. Colorado Springs Young Men's their The Association celebrated November twenty-fifth Christian anniversary President and sent a telegram to stone Roosevelt, 12th who laid the corner ant of swered their the building. telegram The with President a message of 1 congratulation. The corner stone of the Fort Collins laid Library building was e November Carnegie 13th. with impressive erect- ceree monies. The building is being handsomely of red sandstone, neart ed trimmed Completed it will cost Carnegie ly $15,000, of which Andrew contributed $12,500. e E. Walker, the Santa Fe englS scalded in the f neer at Apishapa, died at inS recently John who was of La Junta his wreck, 1 9th as the result Rio November Walker was with the one juries. for eleven years and the at comtime Grande was master mechanic of pany's shops at Leadville. number of samples of marble which A found in great abundance at Beulah, Eun is being prepared to be sent to are for the inspection of capitalists Pueblo & rope are interested in the is said who railroad. The quality and Beulah fine and more beautiful found varied to be very in color than has been elsewhere. Rev. Alfred Baxter, a highly reh The citizen of northern Colorado died spected original Union Colonist, and an 6th at the residence of from his November Frank Baxter, two miles son at the age of seventy-eight Greeley, He had been in good health resulted up years. to the day of his death, which in heart failure. following officers were elected Elks: The new state organization of of by the Judge N. Walter Dixon Nich e Pueblo; President first vice president, C. E. presiCentral City: second vice ols, Phil T. McGuire, Florence; treasurer, secredent, E. F. Arthur, Denver; The next b tary, J. May, Idaho Springs. Springs e meeting Jesse will be at Glenwood next June. William Marshall, a Colorado Springs night d clerk, went home on the the drug November 14th and alarmed the winof by striking a match at brother, family and running away. His the supdow Marshall, Jr., ran after three Sam and shot him 1 posed burglar dangerous wounds. vicitim 0 The times, unfortunate inflicting recover. of his own joke may possibly The hotel mon


Article from Pullman Herald, November 21, 1903

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MINING NOTES. he directors of the Crystal Mining company, at a meeting held recently in Spokane, decided to erect a smelter on the Crystal mine. The property is near the Columbia river, about 25 miles north of Davenport. James R. Stratton, representing the striking miners of Colorado, is in Nebraska finding employment for the men. There is a great demand for laborers in Nebraska, and hundreds are being placed with railroad companies and in other lines. The lord chief justice has ordered the removal of the Whitaker Wright case from the Old Bailey to the high court of justice, London, so that owing to its complicated character it may be heard by a special jury. A 10 stamp mill, complete, with a hoist capable of sinking to a depth of 1000 feet, has been ordered by Manager H. T. Hendriyx for the Gold Pan mine, near this city, says the Sumpter American. District Judge Seeds of Cripple Creek, Col., has appointed V. B. Cosad, a real estate and mining broker, receiver for the Bimetallic bank, which closed its doors Nov. 15. At a meeting of about 350 miners employed by the Utah Fuel company at the Sunnyside mines, Utah, a vote was taken which resulted in a declaration to go on strike immediately in sympathy with the coal miners. Official reports from the various furnace operators in the central west,


Article from The Elk Mountain Pilot, November 24, 1903

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COLORADO BRIEFS. It is estimated that Colorado Springs people have invested $100,000 in automobiles. The cogwheel road on Pikes Peak, the has suspended operations for winter. The people of Montrose county have voted to establish a county high school at Montrose. In the District Court at Cripple Creek Judge Seeds appointed D. B. Cozad receiver for the Bimetallic Bank and D. P. Wilder as counsel for the receiver. Mrs. Helen M Grenfell, state superintendent of public instruction, has recovered from her recent attack at of bronchitis and resumed her duties the state house. Judge Calvin P. Butler, a prominent of Denver lawyer and for a number died years judge of the District Court, at Denver November 14th of consumption at the age of 51. The directors of the Homeopathic College of Medicine in Denver have leased the Pioneer building, at the corner of Fifteenth and Larimer streets, for a college building The county commissioners of Teller at have made a levy for county taxes the rate of 11 mills on a total valuation of $12,000,000. The tax for property within Cripple Creek is 72 1/2 mills. The Charity Organization Society of Denver reports great difficulty in getting coal enough from the dealers to supply the needs of the poor. Companies that claim to have coal fall to deliver it when ordered. The following Colorado postoffice appointments have been made: Norrie, Pitkin country, Francis Johnson, vice F. E. Gowan resigned; Perry Park, Douglas country Ida M. Barrett, vice H. E. Hastings, resigned. It is reported at the state engineer's office that there is more snow on the ranges than is usual at this time of year and that it is well packed, SO that it is likely to remain and be available for irrigation next summer. Most of the striking miners who have left Fremont county are reported to have taken considerable sums of money with them. Thousands of dollars have been in this way taken out. and about $50,000 of this has gone to Italy. President Alderson of the State School of Mines, will soon publish a pamphlet on the "Twentieth Century Engineer," which deals largely with the to advantages that institution offers students of mining and metallurgy. In the District Court at Leadville on the 18th inst., Judge Owers sentenced Robert Powell and Leonard M. Smith, the two prominent brokers recently convicted of forgery and embezzlement, each to three years in the penitentiary. The secretary of the interior has authorized the grazing of 50,000 head of cattle and horses in the Battlement Mesa forest reserve. Colorado, during the season of 1904, under the same conditions as governed such privileges during last year. Joe Patrick and Joe Goorca. Austrian miners, were killed on the 18th inst. by an explosion in an old powder house near the Mt. Lincoln coal mine at Palisade. They found some old powder and were examining It to see II IL was spoiled, as unfortunately it was not. The Colorado Springs Young Men's Christian Association celebrated their twenty-fifth anniversary November 12th and sent a telegram to President Roosevelt. who laid the corner stone of their building. The President answered the telegram with a message of congratulation clerk of has announced the county The county following Clear valua- Creek tax levies: Georgetown, 45 mills, tion $367,704; Idaho Springs, 39 mills, valuation $831,680; Silver Plume, 42 mills, valuation $113,186; Empire, 41 mills, valuation $39,115. Total valuation, $2,625,937. Allin, and education in the chology Dr. Arthur professor Universi- of psy- the died at Boulder on of typhoid fever. been a member of 17th lin ty of had inst. Colorado, well the Doctor faculty known A1since 1897 and was throughout the state. He leaves a widow and one child. The corner stone of the Fort Collins Carnegie Library building was laid November 13th, with impressive ceremonies. The building is being erected of red sandstone, handsomely trimmed. Completed it will cost nearly $15,000. of which Andrew Carnegie contributed $12,500. trustees of the State School of have purchased so that the Mines testing The cement, apparatus hereafter the benefit for Colorado product can have of official tests by the faculty experts. Under Professor Fleck the school has also undertaken the official analysis of water for municipalities. H. A. Hartsell, a farmer living near Ramah in El Paso county, was bitten on the 12th inst. by a coyote that gave evidence of hydrophobia, attacking and biting cowe. horses and dogs. By recommendation of County Physician Richardson. Mr. Hartsell was sent to the Chicago Pasteur institute for treatment. November 16th was monthly at Loveland for pay Monday day the for growers the and $350,000 was paid out October deliveries. The largest single