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Newspaper
Ada Weekly News
Location
Ada, Oklahoma, United States of America
Date
Oct 07, 1909
Page
3
A court ruling validates the guaranty statute in a dispute involving Columbia Trust Institution. The decision affirms enforceability of a guaranty agreement and outlines remedies available to the creditor.
Oklahoma state banking officials report improved strength in the banking system a day after the Columbia Bank & Trust Company suspension. Governor Haskell and the state banking board praise the guaranty law, warn against fake news, and expect the bank to return to its owners with funds and assets verified.
A celebrated trial concludes with the jury bringing in a verdict after a short deliberation. The defendant, an established local figure, rises to thank the court and counsel amid an emotional scene before the courtroom crowd.
The jury acquitted Henry Woodard of the four year old murder charge in Ada Oklahoma. The verdict followed a self defense defense citing the deceased's knife during the struggle. Judge MecKeel and attorneys argued for both sides as the Woodard family left for Konawa.
Arkansas demanded assurances that Alf Hunter charged with Sheriff Garrison’s murder would face a fair trial in Oklahoma and not be mobbed. Governor Haskell telegrammed Arkansas to deliver Hunter on requisition, promising no mob violence and impartial proceedings. Rewards totaling 2,750 were being arranged.
James A. Patton, in Chicago, asserts he is a bull on cotton, betting on a cotton scarcity before the next crop. He contends his stance will prove correct, risking large sums if wrong and disputing reports he earned 2,800,000 dollars by deceiving Wall Street bulls and bears.
A blaze in Henryetta Oklahoma destroyed the Carson Lumber Company yards with a $15,000 loss and $6,000 insured. Additional damages included Reynold's residence and barn totaling $15,000 with $800 insured, J M Wise barn and outbuildings $1,050 insured, Risor barn and outbuildings $100 uninsured, and Warden Coal Company with J W Dorsey sustaining a small insured loss.
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