Grand jury demanded over Raynolds bank wreck details
Wreck fallout and alleged plundering of the Raynolds bank prompt calls for a grand jury in Navajo County. Albuquerque First National aided in asset liquidation with sixty cents on the dollar for depositors, while investigators probe cross state ties in a widening banking collapse.
MENTIONED IN THIS ARTICLE
Raynolds Bank
Raynolds
Southwest
Holbrook
Navajo County
Crosby
Albuquerque
First National
Fancher
First National of
Albuquerque Bank
FRANK J BRUNDAGE DIES IN CALIFORNIA
Frank J Brundage a large landholder in Arizona and California died at his Farmersville home after a brief illness. He recently visited Holbrook to recover from an operation. About 40 he owned shallow oil field holdings now targeted by the Pinto Petroleum and Land Co. His death removes a key factor in Arizona oil development.
MENTIONED IN THIS ARTICLE
Frank J. Brundage
Arizona
California
Farmersville
Holbrook
Anci
Pinto Petroleum & Land Co
Poor So in Hock Wonders Why
In Holbrook a Navajo man named Hostein Nez Begay arrived after news spread that a bank failed and depositors blamed Louie. The tale claims Begay was arrested, then released and re-arrested, while the arresting officer was themselves arrested, leaving locals puzzled by the mix of lingo and rumors.
MENTIONED IN THIS ARTICLE
Hostein Nez Begay
Holbrook
Fluey
Louie
Retiring Navajo County Officials Honored at Clean Sweep
The county bids farewell to Clerk R. S. Teeple and trustees Flanigan and Freeman as the board retires, with the News praising their faithful service. The melee of courthouse changes and the sheriff’s fading authority are described in a folksy, ceremonial tone reflecting on public duty and the end of an era.
MENTIONED IN THIS ARTICLE
Court House
John Barleycorn
Cresswell
R. S. Teeple
Navajo County
Flanigan
Freeman
Bad Mex Murders Wife at Cooley
Ignacio Gonzales a Mexican mill worker in Cooley strangled his wife with a towel, locked the house, and fled. The crime surfaced late Wednesday and a wire alert went to nearby towns. He is about 35, with a gold front tooth, scar on his right hand, wore khaki clothing, and may be hiding in Navaho or Apache counties.
MENTIONED IN THIS ARTICLE
Ignacio Gonzales
Cooley
Navajo
Apache
Born to Mr and Mrs Kremer in Holbrook on Christmas Day
A son was born to Mr. and Mrs. Pete Kremer of Cooley on Christmas Day. Mr. Kremer, agent for the Apache railway, is well known in Holbrook.
MENTIONED IN THIS ARTICLE
Pete Kremer
Cooley
Mr. Kremer
Apache Railway
Holbrook
Holbrook Oil Field near gusher promise grows
The Holbrook Oil Co is pressing toward a deeper well in the Adamana area with new equipment on site. Drilling shows free oil and gas in the brown limestone cap rock, and observers expect an oil flow by January as management keeps a cautious, noncommittal stance while pursuing heavy rigging and deeper depths under favorable geological forecasts.
MENTIONED IN THIS ARTICLE
Orem
Adamana
Holbrook Oil Co
Altho
Local Holbrook Gossip Highlights Holidays and Moves
Winslow Judge Sweeney on business. Scarse family holiday visit from Phoenix. Richard Kelly heads to San Francisco to settle there. Sheriff elect Lee Newman claims a thief after a villa robbery. Amelia Nuenes visits from Santa Fe. Alta Printup visits Holbrook. Walter Hughes and Myrtle Davis wed at court. Paul Hobby of Phoenix on Fire Insurance work. Lloyd Henning expands agency across Northern Arizona. Hulet family to visit Kingman. No. 2 mail car robbed between Los Angeles and Ash Fork. Marion Stineking joins husband in El Paso. Newman of Phoenix enjoying holidays in Holbrook.
MENTIONED IN THIS ARTICLE
Los Angeles
Ash Fork
Holbrook
Marion Stineking
el Paso
E. B. Newman
Phoenix
Winslow Union Bank Wins License In Arizona
The Winslow Union Bank and Trust company received a license Tuesday from state superintendent Jesse Boyce. Construction is to start immediately on a bank building in Winslow, with operations expected within sixty days. The bank has 500 shares at $100, totaling $50,000, and is led by President J H Fuller, Vice President O B Sutton, and Cashier R C Kaufman, with directors J B Herndon, J L Sweeney, and J H Gibson.
MENTIONED IN THIS ARTICLE
Winslow Union Bank and Trust Company
Jesse Boyce
State Superintendent of Banks
Winslow
Bank
J. H. Fuller
San Diego
O. B. Sutton
Phoenix
R. C. Kaufman
J. B. Herndon
Albuquerque
J. L. Sweeney
J. H. Gibson
Raynolds Bound Over In Bonds Of Fifty Thousand
Preliminary trial of Lewis M. Raynolds, president of the defunct Raynolds banking system, before Justice Freeman of Snowflake yields incriminating testimony. It shows attempts to shore up losses with oil prospects and junk securities, deposits after insolvency, and flight from law. Raynolds bound over in $50,000 bonds to answer in Superior court. he remains at large. Also notes a Holbrook wedding and several Christmas visits in the region.
MENTIONED IN THIS ARTICLE
Lewis M. Raynolds
Raynolds System of Banking
Justice Freeman
Snowflake
Raynolds
Texas
Oklahoma
Middle West
Josh
New Mexico
Albuquerque
L. M. Carpenter
Raynol
Albuquera
Arizona
Also Mentioned on This Page
Avate County
Nez Begay
A. & B. Schuster Co
Holbrook Oil Field
Sweeney
H. H. Scarse
Zeke Newman
Richard Kelly
San Francisco
Lee Newman
Elect
Judge Thomas
Amelia Nuenes
Santa Fe
Alta E. Printup
Indian Wells Hospital
Walter A. Hughes
Myrtle Davis
Easley
Paul H. Hobby
The
Arizona Fire Insurance Co
Lloyd C. Henning
State Bank
Southern Surety Company
Mr. Henning
Jess Hulet
Kingman
Mrs
Anson Smith
NEW Winslow Bank
Mabel Richards
J. P. Richards
St. Joseph
Wichita
Kansas
M. I. Mott
A. C
M. I
Lloyd Henning
Mr Henning
Babbitt Brothers Trading Company
Holbrook, Arizona
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