Amazing exposure of the Holbrook banking collapse
A lengthy exposé recounts the Holbrook State Bank failure linked to L. M. Raynolds and the Albuquerque First National. It details lavish notes, re discounts, and manipulations across Holbrook and Albuquerque, exposing collusion, improper loans, and plans to bilk depositors as investigators tie the bank's downfall to a broader Raynolds network.
MENTIONED IN THIS ARTICLE
L. M. Raynolds
Holbrook
Louie
Pirot National
State Bank
Holbrook State
Albuquerque
J. M. Reynolds
First Nations
Holbrook State Bank
L. M. Raynold
First National Bank of
First Savings Bank
First National
Herbert
J. M. Raynolds
National Bank of Commerce of New York
First National of
Holbrook Bank
Albuquenue
Ely
Holbrtek
Fly Ely
Iices
Wakefield
L. M Molds
Albuquerque Bank
E Raynolds
Pinetop
Joshua
Raynolds
Arizona
Joshua S. Raynolds
Southwest
Holbrook State Cox
Sims Ely
Arizona Senate Debates No Children Bill and Road Funding
The Arizona Senate passed the No Children bill 14 to 3 with 2 absent, barring signs and restricting admission to rental properties for families with children amid warnings from Senator Saunders. It postponed House Bill 44 aiding widows and children. Discussions covered bond debt, soldiers privileges, franchise votes for Apache and Navajo counties, and a state road program facing funding delays and layoffs. The governor reported signing six bills including rail pass privileges and sheriff pay raises, while school fund distribution and county vs state funding sparked intense debate.
MENTIONED IN THIS ARTICLE
Senate
Saunders
Phoenix
Stoddard
Pioneers Home
Arizona
Sims
Lines
Hendrick
McMillin
House
W. P. Sims
Cochise Cours Ty
Remington
Maricopa
Congress
House Judiciary Committee
Banking and Insurance Committee
Schleimer
Judiciary Committee
Apache County
Maddock
Gila
Apache
Graham
Navajo
Arger
Frov
Cochise
Holbrook oil field reports progress at Adamana well
Reports from the Holbrook oil field indicate continued underreaming at the Adamana well with 160 feet into the cap rock. Free oil shows are noted in several bailings and management expects better progress as the formation becomes less hard. Manager Jordan of the Zuni visited town and returned to the site. The ten inch casing is nearly in place and the eight inch casing will seal off surface water.
MENTIONED IN THIS ARTICLE
Holbrook Well
Adamana Company
Manaager Jordan
Zuni
Also Mentioned on This Page
Arizna
New York
J. M. Reynolds, Pres
Desi Louie
Cox
Aythie
Ho'brock Bank
National Bank
Home Office
Jack
Callig
Herbert Raynolds
National Bank of Commerce
Josh
Tom Ewes
Pep
Crosby
Navajo County
Holbrook Oil Field
Holbrook Oil
ZUNL