676. Exchange Bank (Peoria, AZ)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
state
Start Date
March 23, 1921
Location
Peoria, Arizona (33.581, -112.237)

Metadata

Model
gpt-5-mini
Short Digest
e160c4ce

Response Measures

Capital injected, Full suspension, Books examined

Other: Depositors pledged funds and merchants offered merchandise in lieu of withdrawals to support reopening; later (1922) bank went into involuntary liquidation with receiver appointed.

Description

In March 1921 the Exchange Bank of Peoria experienced heavy withdrawals (a run) tied to failures/rumors about other local banks and its correspondent relationships; it voluntarily suspended March 23, 1921 and reopened April 20, 1921 after depositors pledged funds. The paper record shows a later closing (Feb 27, 1922) and appointment of a receiver in March 1922 — that is a separate subsequent failure after the 1921 reopening.

Events (6)

1. March 23, 1921 Run
Cause
Local Banks
Cause Details
Withdrawal of deposits triggered by failures and rumors about nearby banks (Glendale branch closure and Central Bank of Phoenix correspondence); general uneasiness and runs on small local banks.
Measures
Voluntary suspension and placed affairs in hands of state auditor; depositors later pledged funds to remain and some received certificates with deferred payments.
Newspaper Excerpt
Steady withdrawal of deposits of the Exchange Bank of Peoria started when the Glendale bank closed its doors. It had a branch in Peoria and there was considerable uneasiness ... The closing of the Central Bank of Phoenix last Monday ... precipitated
Source
newspapers
2. March 23, 1921 Suspension
Cause
Local Banks
Cause Details
Voluntary suspension following heavy withdrawals/run tied to failures/rumors about other local banks and correspondent difficulties (Central Bank of Phoenix).
Newspaper Excerpt
Before time to open this morning each of the three placed a notice on the front door stating that the bank had voluntarily suspended and that its affairs were in the hands of Charles W. Fairfield, state auditor and superintendent of banks.
Source
newspapers
3. April 20, 1921 Reopening
Newspaper Excerpt
The Exchange bank of Peoria which voluntarily closed its doors on March 23 will reopen again this morning for business. Just one month from the day the bank decided to suspend business, it resumes banking stronger in every way ... Practically 95 per cent of the depositors have signed an agreement to allow their deposits to remain in the bank for one year or more.
Source
newspapers
4. February 27, 1922 Suspension
Cause Details
Article states bank closed Feb. 27, 1922; subsequent legal actions (complaint by state AG) led to involuntary liquidation and receiver appointment.
Newspaper Excerpt
The Exchange Bank of Peoria closed its doors Feb. 27 of this year.
Source
newspapers
5. March 15, 1922 Receivership
Newspaper Excerpt
Judge Frank H. Lyman ... ordered the institution into involuntary liquidation and enjoined the defendants ... To name receiver for Peoria Bank ... the Exchange Bank of Peoria closed its doors Feb. 27 of this year.
Source
newspapers
6. March 17, 1922 Other
Newspaper Excerpt
R. M. Lyle assumed his official duties today as receiver of the Exchange Bank of Peoria and those who have personal papers in the vault may secure them now.
Source
newspapers

Newspaper Articles (22)

Article from The Evening Herald, March 23, 1921

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THREE BANKS IN ARIZONA CLOSE DOORS Fourth Demands 60-Day Notice of Savings Withdrawals BY THE ASSOCIATED PRESS PHOENIX Ariz, March 23.Three Arizona banks today voluntarily closed their doors and a fourth began demanding 60 days notice of intention to withdraw savings deposits except in emergency cases The three banks which suspended business today were the Citizen's State Bank of Phoenix, the Central Bank of Wickenburg, and the Exchange Bank of Peoria, Arizona Each of these institutions was capitalized at $25,000. Method of Closing. The method of closing followed by each of these banks was very similar to that used by the Central Bank of Phoenix when it suspended business Monday morning Before time to open this morning each of the three placed a notice on the front door stating that the bank had voluntarily suspended and that its affairs were in the hands of Charles W. Fairfield, state auditor and superintendent of banks Both Mr. Fairfield and bank officials refused to make statements this morning, saying that nothing would be known regarding the condition of the banks until the state auditors had completed their work. Require Notices The Commercial National Bank of Phoenix today began requiring notice from depositors 60 days before savings accounts are withdrawn It also announced that certificates of time deposits would be paid only when due. Officials of the bank declared the institution was able to meet all demands against it. but believed 10 wise to require the notice as a precautionary measure They said that exceptions would be made in favor of depositors who showed they really needed their money immediately


Article from The Wheeling Intelligencer, March 24, 1921

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ARIZONA BANKS CLOSE Phoenix Ariz Mar 23 Three Antz ona banks today voluntarily closed their doors and is fourth began demanding SINCE days notice of intention to with draw savings deposits except :11 emergood cases The three banks which suspended business were the Citizens' State bank of Phoenix the Central Bank of Wick enbury and the Exchange Bank of Peor11t Arizona Each was capitalized at $ 20 000 The Commercial National Bank of Phoenix today began requiring notice from depositors sixty days before sav accounts are withdrawn


Article from Bisbee Daily Review, March 24, 1921

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3 MORE BANKS IN STATE CLOSE PHOENIX, March 23.-Suspension of business by three Arizona banking institutions today overwhelmed the state banking department. in the of. fice of State Auditor Charles W. Fairfield, with work. The department was without enough examiners to take charge of the closed institutions so Mr. Fairfield appointed two temporary examiners. The banks closed and the men placed in charge of each were: The Citizens State Bank of Phoenix, with H. M. Moritz, deputy bank examiner in charge: the Exchange Bank of Peoria, with K. G. Freeland/ formerly assistant cashier of the Central Bank of Phoenix. in charge: and the Central Bank of Wickenburg, with E. L. Riggle in charge. The general appropriation bill passed at the last session of the legislature provides funds for two more deputy bank examiners but this. money will not be available until July first. The state has funds in all of the institutions which closed, but the money is said to be amply secured by bonds.


Article from Arizona Republican, March 24, 1921

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THREE BANKS IN THE COUNTYFAIL TOOPEN DOORS YESTERDAY Three banks, one in Phoenix, the Citizens of Five Points, the Central Bank of Wickenburg and the Exchange Bank of Peoria, suspended operations yesterday morning from different causes, all of them more or less related to the closing of the Central Bank of Phoenix last Monday. The closing of the Wickenburg bank was precipitated by a story telegraphed to the Journal-Miner of Prescott on Monday in which it was stated that the Wickenburg bank had suspended, though it had not done so, and there was no probability that it would. It was well within the legal reserve, but the run was inevitable and yesterday morning after a conference with the state bank examiner it was decided not to reopen the bank for business. The Citizens bank of Five Points had also been subjected to a disastrous run on Tuesday. It too was well within the legal reserve and was in a prosperous condition, but without means to withstand the steady and heavy drain of a day upon it. The state banking department found itself overwhelmed with business and without provision for the employment of enough examiners for the closed institutions. Accordingly, K. G. Freeland, former assistant cashier of the Central bank, was sent by State Auditor Fairfield to take charge of the Peoria bank: E. L. Riggle is temporarily est charge of the Wickenburg bank, and H. M. Moritz, deputy bank examiner, of the Citizens bank. The general appropriation bill passed in the late legislative session provides for two more deputy bank examiners, but the funds appropriated will not be available before July 1. The state has funds in all of these institutions, all amply secured by bonds. There were wild rumors throughout the day of the suspension of other small banks in this county and of two outside the county, but there was no confirmation of them at the office of the state auditor. o


Article from The Copper Era and Morenci Leader, March 25, 1921

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3 MORE BANKS IN STATE SHUT DOWN BUSINESS Phoenix, March 23,-Three Arizona banks today voluntarily closed their doors and a fourth began demanding sixty days' notice of intention to withdraw savings deposits except in emergency cases. The three banks which suspended today were the Citizens State Bank of Phoenix, the Central Bank of Wickenburg, and the Exchange Bank of Peoria, Arizona. Each of these institutions was capitalized at $25,000. The method of closing followed by each of these banks was very similar to that used by the Central bank of Phoenix when it suspended business Monday morning. Before the time to open this morning, each of the three placed a notice on the front door stating that the bank had virtually suspended and that its affairs were in the hands of Charles W. Fairfield, state auditor and superintendent of banks. Both Mr. Fairfield and bank officials refused to make statements this morning, saying that nothing would. be known regarding the condition of the banks until the state auditors had completed their work. The Commercial National bank of Phoenix today began requiring notice from depositors sixty days before savings accounts are, withdrawn. it is also announced that certificates of time deposits would be paid only when due. Officials or the bank declared the institution was able to meet all demands against it, but believed it was wise to require the notice as a precautionary measure. They said that exeptions would be made in favor of depositors who Shimmed they really needed their money immediately.


Article from Arizona Republican, March 27, 1921

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EXCHANGE BANK OF PEORIA PROBABLY TO REOPEN THIS WEEK The Exchange Bank of Peoria, which voluntarily suspended business last Wednesday, probably will be open the latter part of this week as the result of the fine spirit being shown by the depositors and citizens of the Peoria community, it was announced yesterday. Added assurances that the Peoria bank will be opened on an amply strong footing was given yesterday afternoon when $10,000 in time deposits was pledged to the bank at an informal meeting of about 75 depositors. It took but ten minutes for the amount to be subscribed and deposited in the bank; It is not to be withdrawn for a year. The fact that the bank must be reopened on a solid and secure basis was emphasized by J. H. Smithey, examiner now in charge of the Exchange


Article from Arizona Republican, March 27, 1921

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THE ARIZONA REPUBLICAN. SUNDAY MORNING, MARCH 27, 1921 Ir. the man equivalent amount in mertichandise. By this means it is hope en hat nearly all the deposits of the bank ARREST OWNER ARIZONA SALES JALLU CO. will be left in it. Merchants will take kvo over deposits up to $1,000 on this plan. "Peoria is setting up a splendid exrs ample in supporting its bank and as a rs whole community helping to straighten ALL DANCE IS ORGANIZED HERE ti out its affairs," was the tribute yesis terday of Mr. Smithey and others fa: Joseph Rickards, Harry Formed for the purpose of conducta miliar with the situation. All reported ing sales for merchants who are havrators W. W. Powell, as tal a spirit of co-operation and loyalty, ing difficulties in selling goods over d Om Bird dance hal' es with depositors and citizens anxious their own counters, the Arizona Sales bican to help the bank. operator of th company has entered the merchandisin Total deposits of the Exchange Bank were arrest erday a ing field in Phoenix and will begin nof Peoria are about $144,000, Mr. ch misdemeanor operations at once. The company is a eld Smithey said, including state and partnership between O. Loeb of Tucda with operating county funds. There are about 200 inson and Dave Granow of Phoenix, both nk dividual depositors. Mr. Smithey said violation of of whom have had a wealth of experi00 the bank's voluntary closing was a reW Arizona, 19 ence in merchandising and who are esey sult of gradual withdrawal of deposits o pecially well acquainted with the retail by Sheriff of over an extended period rather than department of business, 1 app recognizar es a run. norn be Loeb and Granow have rented the he ment Mon


Article from Bisbee Daily Review, March 27, 1921

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Deposits Pledged. Peoria Bank Will Reopen Very Soon J. H. PHOENIX. March 26. Smithey, state bank examiner in charge of the Exchange Bank of Peoria. which voluntarily suspended business last Wednesday, today declared that the bank would reopen as soon as he could complete checkng the books, which will take two or three days more. Mr. Smithey made nnouncement at a meeting of some of the larger depositors in the bank at which the depositors pledged themselves to leave funds amounting to approximately $10,000 in the bank for a year. The pledges were made in about 10 minutes. The meeting today was preliminary to one to be held by all depositors Monday night. at which efforts will be made to bring the pledges to a total of $25,000. Those at today's meeting said they were sure this goal could be reached. At the meeting today the depositors pledged themselves not only to leave present deposits in the institution, but to add to them. Business men of Peoria also have offered to take over deposits of all who wish to get their money at once by giving them merchandise worth the amount of their deposits. In his address Mr. Smithey declared that the bank must be reopened on a secure basis.


Article from Tombstone Epitaph, March 27, 1921

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3 MORE BANKS IN STATE CLOSE PHOENIX. March 23.-Suspension of business by three Arizona banking institutions today overwhelmed the state banking department, in the office of State Auditor Charles W. Fairfield. with work. The department was without enough examiners to take charge of the closed institutions so Mr. Fairfield appointed two temporary examiners. The banks closed and the men placed in charge of each were: The Citizens State Bank of Phoenix, with H. M. Moritz, deputy bank examiner in charge; the Exchange Bank of Peoria, with K. C. Freeland, formerly assistant cashier of the Central Bank of Phoenix, in charge; and the Central Bank of Wickenburg. with E. L. Riggle in charge. The general appropriations bill passed at the last session of the leg. islature provides funds for two more deputy bank examiners but this money will not be available until July first. The state has funds in all of the institutions which closed, but the mony is said to ze amply secured by bonds.


Article from Graham Guardian, April 1, 1921

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PEORIA AND PHOENIX BANKS TO REOPEN SOON Phoenix-Charles W. Fairfield, state superintendent of banks, last Friday, announced that plans were being worked out whereby the Citizens State Bank of Phoenix, and the Echange Bank of Peoria, both of which voluntarily suspended business Wednesday, March 23d, would be reopened in the near future. He said depositors and bank officials were cooperating in arranging for the re-openings.


Article from The Coconino Sun, April 1, 1921

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SALT RIVER VALLEY BANKS TO REOPEN SOON Reorganization of the Citizens' State bank of Peoria, and the Exchange bank of Peoria, will be completed soon and both institutions will reopen without a loss of a cent to the depositors, it was announced by Charles W. Fairfield, state superintendent of banks. Both banks voluntarily suspended business Wednesday.


Article from Tombstone Epitaph, April 3, 1921

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PHOENIX BANK WILL RE-OPEN IN FEW DAYS PHOENIX. March 27.-J. H. Smiteey. state bank examiner in charge of the Exchange bank of Peoria. which voluntarily suspended business last Wednesday. today declared that the bank would reopen as soon as he could complete checking the books which will take two or three days more. Mr. Smithey made his announcement at a meeting of some of the larger depositors in the bank. at which the depositors pledged themselves to leave funes amounting approximately to $10,000 in the bank for a year. The pledges were made in about ten minutes. The meeting today was prelimina to one to be held by all depositors Monday night at which efforts will be made to bring the pledges to leave deposits in the bank for a year to a total of $25,000. Those at today S meeting said they were sure this goal could be reached. At the meeting today the depositors pledged themselves in the institution. but to add to them. Business men of Peoria also have offered to take over deposits of all who wish to get their deposits. In his address Mr. Smithey declared that the bank must be reopened on a secure basis


Article from Arizona Republican, April 20, 1921

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EXCHANGE BANK OF PEORIA WILL REOPENTODAY Institution Resumes Business Just One Month After Suspension Stronger In Every Way It is Declared The Exchange bank of Peoria which voluntarily closed its doors on March 23 will reopen again this morning for business. Just one month from the day the bank decided to suspend business, it resumes banking stronger in every way than it has been for many months. The reopening of the bank is the cause of general rejoicing among the residents of Peoria who almost to an individual have stood by the institution, confident in their regard for the business ability of the officials and their belief that the bank soon would resume. Practically the same plan employed by the Citizens state bank of Phoenix in reopening that institution was used by the patrons and officials of the Peoria bank. it was onnounced by Charles W. Fairfield, superintendent C1 state banks. Practically 95 per cent of the depositors have signed an agreement to allow their deposits to remain in the bank for one year or more. They have co-operated with the state bank superintendent in every way tending toward the resumption of business which was predicted by Mr. Fairfield shortly after he examined the affairs of the institution following its closing. Steady withdrawal of deposits of the Exchange Bank of Peoria started when the Glendale bank closed its doors. It had a branch in Peoria and there was considerable uneasiness occasioned in that town. The failure of the Central bank in Phoenix to open about a month ago added to the financial difficulties as it was a correspondent of the Peoria institution. are bright now and the But bank the resumes skies business stronger than ever. The reserve, which had been run down, has been made good by Peoria people, and under the plan of reopening, the surplus is to be increased $10,000 within the next 60 days. The deposits of the bank at the time of closing was $142,000. The capital stock is $25,000. The officers of the bank are Charles F. Dalton, president; J. M. Hall, vice president; P. Latham, vice president: and L. A. Bechtol, cashier. The bank was organized in 1917. "Everyone has stuck by us." declared Charles F. Dalton. president of the Exchange Bank of Peoria, over the telephone last night. "There has not been a knocker. We believe we are stronger than when the bank was closed." This is the second bank in the valvey to be reopened within a short time through the combined efforts of the bank officials, the state bank superintendent and the depositors. The Citizens State Bank of Phoenix, which failed to open at the same time a month ago, was reopened a few days ago. Recently the state effected a consolidation of the Security Bank and Trust Company of Tucson and the Tucson National bank.


Article from Weekly Journal-Miner, April 27, 1921

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FAIRFIELD HAS ONE BANK OPEN Deposit Slips With Deferred Installment Payments Arranged to Save Peoria Bank; Central Bank Outlook Brighter (Journal-Miner Capital Bureau) PHOENIX, April 20.-Under a plan of reorganization which has been approved by Chas. W. Fairfield, state bank superintendent and auditor, the Exchange bank of Peoria is to open its doors today. An increase has been made in the bank's surplus, though not in its capital. The depositors have signed an agreement to accept certificates of deposit, payable 12, 13, 14, 15 and 16 months after April 1, each payment representing a fifth part of the original deposit. The plan for the reopening of the Central bank of Phoenix is still meeting with favorable consideration, and it is stated on good authority that the bank will reopen shortly, without the necessity of going thru an expensive receivership.


Article from Arizona Republican, March 15, 1922

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TO NAME RECEIVER FOR PEORIA BANK Judge Frank H. Lyman will hold a meeting in his court room with those interested in the affairs of the Exchange Bank of Peoria for the purpose of appointing a receiver for that institution at 1 o'clock this afternoon. Acting upon a complaint filed by Attorney General W. J. Galbraith against officers and directors of the bank, Judge Lyman yesterday ordered the institution into involuntary liquidation and enjoined the defendants against transacting any further business for the bank. The Exchange Bank of Peoria closed its doors Feb. 27 of this year.


Article from Arizona Republican, March 17, 1922

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of making Glendale known as a baseball town and last Sunday Allen demonstrated his ability by holding the hard-hitting White Sox to one bingle and one scratch that the score let go for a hit. Returns From El Paso. Bert Meyers, local manager for Crutchfield and Woolfolk, returned this morning after a two-weeks' absence spent over near El Paso, where he has been looking after the moving of a cantaloupe loading shed for his company. He reports that the storm is general and that at the present the mountains around El Paso are snowcapped. Appointed Receiver. Many people of the town of Glendale and the surrounding district will be glad to hear of the appointment of R. M. Lyle, a prominent business man and rancher, as receiver for the Exchange Bank of Peoria. Rate Hearing. Truck growers of the Glendale distriet who are interested in the rate case that will be called before the corporation commission tomorrow at the office of the commission. are urged to be present to present their claim. The Phoenix Railway Company asks an increase in rates for the hauling of this produce and have petitioned the commission for the increase. Information concerning the case may be obtained from the secretary of the Commercial Club. Matinee Musical Program. The program given at the Matinee Musical Wednesday afternoon by the children of Glendale under the joint direction of Miss Claire Canom and Miss Islay Rogers was one of the best that the club has so far put on this year. The musical was given at the grammar school auditorium and a large and appreciative audience was present. Miss Canom attends to the proper technique in piano work. while Miss Rogers does the voice coaching for the programs. The following is the program given: Song-Glee Club girls. Piano, "Lullabye" (Billbro)-Josephine Tinker. Voice, "Chinese Nursery Rhimes" (Bainbridge Crist): (a) "Lady Bug;" (b) "The Old Cow:" (c) "Mausie Brown;" (d) "The Old Woman"Jape Pearson. Violin, "Song Without Words." (minuet) (Greenwold)--George Walters. Piano, "Tarantelle" (Dennee)-Jane Pearson. Voice, "Algerian Folk Song"-Lena and Lucile Howell.


Article from Arizona Republican, March 18, 1922

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PEORIA HAS SAINT PATRICK'S PARTY PEORIA, March 17.-The Peoria Civics Club gave a St. Patrick's Rook party last evening at the Woman's clubhouse and a large number of people turned out for the party, considering the inclement weather. An admission fee of 25 cents was charged. Seven tables enjoyed the evening's entertainment and the winner of each four hands advanced to the next table, no prizes being offered. Boards Meet. The Peoria school board met last evening in regular session and considered a number of items of regular business. The question of hiring teachers was the main business of the evening and all but two teachers were hired for the coming year. Snow on Mountain. The recent rains have also been ac. companied by snow and the White Tanks mountains west of town were capped with snow this morning. The snow on the mountains north of town was farther down on the mountain side than any time this winter. Bank Open. R. M. Lyle assumed his official duties today as receiver of the Exchange Bank of Peoria and those who have personal papers in the vault may secure them now. Reported Better. Mrs. J. D. Lynch, who has been se. riously ill from flu, is reported to be very much better. Mr. Lynch, who has been here during the past week, was able to return to Gila Bend. where he is in charge of the Halstead lumber yard. Return to Work. C.C. Winkle and S. B. Thomas, who have been ill for the past week, are able to return to their work.


Article from Arizona Republican, March 29, 1922

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year in the Peoria district, the Salt River valley irrigation ditch crew was in the Peoria district cleaning the ditches during the week. Building House C. O. Stevens of the Peoria Lumber company is constructing a new bungalow in the west part of town. Visits Wickenburg R. M. Lyle, receiver for the Exchange bank of Peoria, was a visitor in Wickenburg yesterday, attending to business matters of the bank. Leaves for California Monroe Burton left this morning for California, where he expects to locate.


Article from Arizona Republican, May 30, 1922

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BANK DEPOSITORS COMMITTEE MEETS; NO REPORT YET MADE PEORIA, May 29-A committee representing the depositors of the deunct Exchange Bank of Peoria. accompanied by C. C. Brooks, clerk for the receiver, R. M. Lyle, made a business trip to Phoenix attending to matters relative to the bank. As yet no definite report has been received of the work accomplished. Business Houses to Close All business houses in Peoria will remain closed today in honor of Memorial day. Club Meeing Held Later The meeting of the Peoria Woman's club, which was to have been heid today has been postponed until June 5. This meeting will be the last that will be held until the second week in September, All members should make a concerted effort to be present. Going on Vacations No wthat the weather is beginaing to hit hot in big league style, the citizens of Peoria are planning of vacations and it is rumored that this week will see several families journey to the coast and to the mountains. To Conduct Series of Revivals Rev. W. A. Burcher of Pennsville, Ohio, a nationally known evangelist of the church of Christ, arrived this week to conduct a series of evan gelistic gospel meetings. the first one being given last evening. These meetings will be held in the grammar school auditorium and everyone is cordially invited. Rev. Mr. Burcher has been an evangelistic worker for the past 22 years and during that time has conducted meetings in 16 different states. He is here with two assistants. the local choir and local music aiding in the work. He will remain in Peoria for an indefinite


Article from Arizona Republican, June 23, 1922

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spend a part of the time at the Grand Canyon. Back on the Job R. M. Lyle, receiver of the defunct Exchange bank of Peoria, who has been confined to his bed for sometime as the result of a carbuncle infection, is able to be out and around once more and attending to the work in the bank. Are Here Visiting O. C. Langston and family of Kansas City, Kan., are the present guests of Mr. Langston's sister, Mrs. C. A. Robinson. Mr. Langston will remain several weeks in Peoria before resuming his trip to California. Sells Out Interest John A. McCracken. associated with Claude Poe in the Peoria meat market for the past year, sold his interest to Poe and will, with his family, leave next week for California. Is On the Sick List A. E. Haage, superintendent of schools, who has been confined to his home for the past month with heart trouble, overtaxed himself last week and suffered a relapse. His condition is reported somewhat improved. Is Guest Here Miss Anna Richardson of San Simon arrived in Peoria this week and is the guest of Mr. and Mrs. J. A. Holly. Go to Berkeley Mrs. I, L. Sturgess accompanied by her daughter Mabel left this week for Berkeley, Calif., where they will be joined by the other daughter, Pauline. The trio will attend summer school at the university of California. Mrs. Sturgess intends to return to Peoria in August, the girls, however. will remain and attend the university during the winter term. Lodge Is to Meet Peoria lodge, No. 31, F. & A. M., met Wednesday night at the hall for the purpose of conferring the second degree. There Is Rumor of Bobbed Hair According to good authority. a number of the local society women of Peoria are having their hair bobbed this week. They present such a snappy appearance, and look so cool while others are sweltering in the heat, that, the prediction is, the local tonsorial parlors will be swamped with work for the big celebration of the Fourth. Are You Interested Many people of the Peoria district are prone to say: "Why isn't Peoria talked of more in the papers? Why doesn't more news appear in the daily columns?" This question is easily answered and while quesions of are being asked, how about this one: n "Do you ever offer any encouragement to the one gathering the news?" It is the will and pleasure of the ir local correspondent to please the lo people and each and every one who y might know something of real interest, are asked to notify him. The Il place of notification appears each e day in the news heading for the Northside. Any news items or things or of interest that are happening will be given full consideration. if they are turned into the local correspondent.


Article from Arizona State Miner, April 14, 1923

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County, State of Arizona. Alex Silva, Plaintiff, vs. Leroy A. Bechtol and Rebecca Bechtol, his No. 17444 wife, and The Exchange Bank of Peoria, a corporation, R. M. Lyle, Receiver, Defendants. Under and by virtue of an Execution and Order of Sale issued out of the Superior Court of Maricopa County, State of Arizona, and to me as Sheriff, duly directed and delivered in an action wherein Alex Silva was Plaintiff and Leroy A. Bechtol and Rebecca Bechtol, his wife, and the Exchange Bank of Peoria, a corporation, R. M. Lyle, Receiver, were Defendants. Whereas, on the 4th day of April, 1923, Alex Silva recovered a judgment in the Superior Court of Maricopa County, State of Arizona, against Leroy A. Bechtol and Rebecca Bechtol his wife for the sum of Two Thousand Four Hundred Forty-one and 100 ($2441.50) Dollars with interest thereon at the rate of eight (8) per cent per annum from said date until paid, and plaintiff's costs taxed and allowed at Twenty-one and 10 / 100 ($21.10) Dollars and all accruing costs, including cost of sale. together with a foreclosure of plaintiff's mortgage lien as against each and all of said defendants upon the following described premises, to-wit. Lot Numbered Ten (10) in Block Thirty-two (32) in the town of Peoria, Arizona, a sub-division of part of Sections Twenty-six (26) and Twenty-seven (27) in Township Three (3) North of Range One (1) East of the Salt River Base and Meridian in Marıcopa County, Arizona, together with all water rights and privileges appurtenant thereto, and subject to all restrictious heretofore laid down. Public notice is hereby given that I will on the 4thday of May, 1923, at the hour of 10:00 a. m. of that day at the front door of the Court House of Maricopa County, Arizona, sell all the right, title, claim and interest of the within named defendants in to and of the above described property to the highest and best bidder for cash and lawful money of the United States of America. Dated this 6th day of April, 1923. JERRY SULLIVAN, Sheriff, By E. J. ASHLEY, Deputy Sheriff. 1st pub. 4-7; last pub. 4-21.


Article from Arizona State Miner, April 21, 1923

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# Sheriff's Notice of Sale on Execution and Order of Sale No. 17444. In the Superior Court of Maricopa County, State of Arizona: Alex Silva, Plaintiff, vs. Leroy A. Bechtol and Rebecca Bechtol, his wife, and The Exchange Bank of Peoria, a corporation, R. M. Lyle, Receiver, Defendants. No. 17444 Under and by virtue of an Execution and Order of Sale issued out of the Superior Court of Maricopa County, State of Arizona, and to me as Sheriff, duly directed and delivered in an action wherein Alex Silva was Plaintiff and Leroy A. Bechtol and Rebecca Bechtol, his wife, and the Exchange Bank of Peoria, a corporation, R. M. Lyle, Receiver, were Defendants. Whereas, on the 4th day of April, 1923, Alex Silva recovered a judgment in the Superior Court of Maricopa County, State of Arizona, against Leroy A. Bechtol and Rebecca Bechtol his wife for the sum of Two Thousand Four Hundred Forty-one and 50/100 ($2441.50) Dollars with interest thereon at the rate of eight (8) per cent per annum from said date until paid, and plaintiff's costs taxed and allowed at Twenty-one and 10/100 ($21.10) Dollars and all accruing costs, including cost of sale, together with a foreclosure of plaintiff's mortgage lien as against each and all of said defendants upon the following described premises, to-wit. Lot Numbered Ten (10) in Block Thirty-two (32) in the town of Peoria, Arizona, a sub-division of part of Sections Twenty-six (26) and Twenty-seven (27) in Township Three (3) North of Range One (1) East of the Salt River Base and Meridian in Maricopa County, Arizona, together with all water rights and