Grand jury demanded over Raynolds bank wreck
The article reports calls for an immediate grand jury probe into the Raynolds bank collapse. It notes distrust, prior Albuquerque First National involvement, a settlement offering sixty cents on the dollar to depositors, and broader questions about accountability across the Raynolds system in the southwest.
MENTIONED IN THIS ARTICLE
Raynolds Bank
Raynolds
Southwest
Holbrook
Navajo County
Crosby
Albuquerque
First National
Fancher
First National of
Frank J. Brundage Dies in California
Frank J. Brundage a large landholder in Arizona and California died at his Farmersville home after a recent operation. He was about 40 and had holdings in shallow oil fields where Pinto Petroleum and Land Co. is drilling. His death removes a key factor in the development of Arizona's oil industry.
MENTIONED IN THIS ARTICLE
Louie
Nez Begay
Southwest News
Poland
Frank J. Brundage
Arizona
California
Farmersville
Holbrook
Pinto Petroleum & Land Co
Poor So in Hock Wonders Why
When Hostein Nez Begay arrived in Holbrook from the Navajo reservation last Friday, locals heard that a bank had failed and depositors sought Louie, that he had been arrested and released multiple times, and that the arresting officer himself was arrested.
MENTIONED IN THIS ARTICLE
Hostein Nez Begay
Holbrook
Fluey
Louie
Old Court House Cleanout Signals Sheriff Retirements
The piece notes house cleaning at the county courthouse as Sheriff’s retirement leads to confiscation of remaining liquor. County officials prepare to leave and the board’s clerk R S Teeple retires, with Flanigan and Freeman also aging out. The Navajo county board expresses thanks for faithful service.
MENTIONED IN THIS ARTICLE
Court House
John Barleycorn
Cresswell
R. S. Teeple
Navajo County
Flanigan
MEXICAN WORKER MURDERS WIFE AT COOLEY
Ignacio Gonzales, a Mexican mill worker in Cooley, strangled his wife with a towel Monday, locked the house, and fled. The crime was found late Wednesday, with a nationwide alert. Authorities believe he may be hiding in Navajo or Apache counties. He is about 35, has a gold front tooth, a scar on his right hand, and wore a khaki coat. His parents, Mr and Mrs Pete Kremer of Cooley, welcomed a son born Christmas Day. Kremer is a local Apache railway agent in Holbrook.
MENTIONED IN THIS ARTICLE
Ignacio Gonzales
Cooley
Navajo
Apache
Pete Kremer
Mr. Kremer
Apache Railway
Holbrook
Oil-field near Holbrook shows free oil and gas
In Holbrook area drilling reports progress with a brown limestone cap rock and free oil visible at every bail. A robust gas flow suggests a gusher under consideration, with new equipment on site and readiness for heavy work. Management remains reticent but confident in the project’s potential.
MENTIONED IN THIS ARTICLE
Adamana
Gossip From Around Town Sparks Town News
Judge Sweeney of Winslow was down on business. Winslow sheriff elect Lee Newman nabbed a villa robber and jailed him. Holmes Holbrook notes mention H H Scarse visiting Phoenix over holidays. Walter Hughes and Myrtle Davis wed at the courthouse in Holbrook. Insurance agent Paul Hobby visited. Lloyd Henning expands Northern Arizona agency. Mrs Jess Hulet visits Kingman. mail car robbery reported between Los Angeles and Ash Fork. Mrs Marion Stineking heads to El Paso. Mrs E B Newman in Holbrook for holidays.
MENTIONED IN THIS ARTICLE
Lee Newman
Judge Thomas
Walter A. Hughes
Myrtle Davis
Winslow
Court House
Easley
Paul H. Hobby
The
Arizona Fire Insurance Co
Phoenix
Los Angeles
Ash Fork
Holbrook
Marion Stineking
el Paso
E.B. Newman
Grants License To New Winslow Bank
The Winslow Union Bank and Trust company was granted a license Tuesday by Jesse Boyce state superintendent of banks. Construction will begin at once on a bank building in Winslow and the institution will be ready for business in about sixty days. The bank has capital stock of 50000 dollars, 500 shares at 100 dollars each. Officers are J. H. Fuller president, O. B. Sutton vice president, R. C. Kaufman cashier, with directors J. B. Herndon J. L. Sweeney and J. H. Gibson from Winslow and J. H. Gibson from Albuquerque.
MENTIONED IN THIS ARTICLE
Winslow Union Bank and Trust Company
Jesse Boyce
State Superintendent of Banks
Ion A Bank
Winslow
Bank
J. H. Fuller
San Diego
O. B. Sutton
Phoenix
R. C. Kaufman
Cashier
J. B. Herndon
Albuquerque
J. L. Sweeney
J. H. Gibson
Raynolds Bound Over In Bonds Of $50,000
The preliminary trial of Lewis M. Raynolds, president of the defunct Raynolds system of banking, before Justice Freeman of Snowflake revealed alleged fraud and failed schemes to unload securities in Texas and Oklahoma. Raynolds faced $50,000 bond while evidence showed insolvency and attempts to raise funds across the southwest. Also notes on Miss Mabel Richards’s Wichita marriage to M. I. Mott and several holiday visits in Holbrook and Las Vegas.
MENTIONED IN THIS ARTICLE
Raynolds
Lewis M. Raynolds
Raynolds System of Banking
Freeman
Snowflake
Texas
Oklahoma
Middle West
Josh
New Mexico
Albuquerque
Mabel Richards
Holbrook
J. P. Richards
St. Joseph
Wichita
Kansas
M. I. Mott
A. C
M. I
Also Mentioned on This Page
Avate County
A. & B. Schuster Co
Holbrook Oil Field
adbamaNna
Holbrook Oil Co
Sweeney of
Winjslow
H. H. Scarse
Zeke Newman
Richard Kelly
San Francisco
Amelia Nuenes
Santa Fe
H. H. Scorse
Alta E. Printup
Indian Wells Hospital
Lloyd C. Henning
State Bank
Southern Surety Company
Mr. Henning
Jess Hulet
Kingman
Mrs
Anson Smith
NEW Winslow Bank
L. M. Carpenter
Albugquieha
Lloyd Henning
Mr Henning
Babbitt Brothers Trading Company
Holbrook, Arizona
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