Santa Fe Bank Seized Over Deposits Excess
The Santa Fe bank, a major New Mexico state institution, failed to open on Monday and was taken over by state bank examiner James B Read for depleted reserves. Deposits included about 665000 with a capital of 50000 and surplus 15000. The state faced over 350000 in deposits beyond the statutory limit.
MENTIONED IN THIS ARTICLE
Santa Fe Bank
New Mexico
James B. Read
Charles A. Strong
Strong
Examiner Read
Mora
Attorney General
Harry 5. Bowman
Washington
A. M. Edwards
First National
New Revenue Law Changes Outlined by Hernandez in 1921 Act
A public notice from Collector B. Hernandez outlines key provisions of the 1921 Revenue Act effective November 23, 1921, noting changes for 1921 and 1922. It covers surtax rates, exemptions for dependents and individuals, corporate tax increases, continued taxes on certain goods, and filing deadlines with options for installment payments. It also mentions reduced or repealed taxes on specific items and the right to limited inspections. Copies of the act are available locally.
MENTIONED IN THIS ARTICLE
Internal Revenue
Bureau of Internsue
Mechem Rules Out Quick Special NM Session
Governor Merritt C. Mechem said a special session of the New Mexico Legislature is unlikely unless an imperative need and assured enactment of the program exist. He cited the Santa Fe bank failure with $359,000 state funds, but argued the current laws and a state finance board can safeguard deposits without new legislation. Treasurer Strong’s bond remains sufficient to protect state funds.
MENTIONED IN THIS ARTICLE
Strong
Lkely
Finance Board
Merritt C. Mechem
State Finance Board
Gov
Mechem
Edward Safford
New Mexico
Santa Fe Bank
Sata Fe
Charles \. Strong
Gov. Mechem
J. O. Seth
First Distribution of School Funds From 1921 Census
John V. Conway allocates 367,788 to 122,596 school age individuals across 16 New Mexico counties. Bernalillo leads with 6,477 dollars, San Miguel 27,939, and Santa Fe 26,373, as the education department notes potential census upward revisions.
MENTIONED IN THIS ARTICLE
John V. Conway
Department of Education
Bernalillo County
San Miguel County
Santa Fe
Bernalillo
Roosevelt Sandoval
Miguel Sierra
Wagner Ordered to Pay Interest Out of Pocket by State
State Superintendent J H Wagner settled with Traveling Auditor after paying 12.45 and pursuing about 125 dollars in credit for interest on borrowed funds used to run the department when funds were low. The auditor disallowed the items, while the Attorney General supported some charges. Wagner claims overpayments and cites a state imprimatur.
MENTIONED IN THIS ARTICLE
J. H. Wagner
Wagner
Olds
A. G. Whittier
Whittier
Conway
Seneral
John
V. Conway
Sroth
Mr. Whittier
Harry J. Bowman
John Joerns
State Board of Education
O State
State Department of Education
Hi-Line Delegate Report From Reclamation Meeting
Miss Hart recounts observations from the Western Reclamation Association meeting in Salt Lake City on November 20 and 30, detailing participation by Hi-Line district friends and noting press kindness and forbearance in coverage.
MENTIONED IN THIS ARTICLE
Western Reclamation Association
Salt Lake City
State Nears Three and Half Million on Hand Now
The November 3rd close shows the state’s total in all funds at 3,481,181.71 dollars, an excess over last year’s 2,630,568.81. The amount, described as the last balance closing the fiscal year, reflects broad funds for many departments and projects, including education, irrigation, and public works, as discussed at the Water Users meeting.
MENTIONED IN THIS ARTICLE
State
National Mount
1Rogatas
Hyden
Sierra Co. S. Hora
Grant Co. S. H
Socorro SH
Spoarsg Dept. of Pub
Effie Hart First Woman Delegate At New Mexico Irrigation Meet
Effie V. Hart of Carlsbad, secretary of the Hi-Line division of the Pecos Valley irrigation project, was described as the first woman delegate to actively participate in a Western States Reclamation convention at Salt Lake City. She pressed irrigation for New Mexico and the Pecos Valley, citing water needs for ex‑service men and settlers, and outlined aims to develop the region’s water power and economic growth.
MENTIONED IN THIS ARTICLE
Axtic
New Mexico
Salt Lake
Reidg
Sinky
Biamneree
Western’ Cap
University of N. M
Agricultural College
Court School of Mines
Univ
Las Vegas
C. Incame
Miners Hospital
Insane Asylum
J.D
Governor Davis
Reform School
Agric. Coll, Inc
Agric. Coll
Lary D
Sch SC. Inc
Sch. S.C Perm
Smith-McNary
P&g Co RR
Armory
Save
Blue Sky
Harding
Congress
Blaine
Washington State
National Capitol
Tracy
Washington, D. C
Gov. Mechem
Pecos
Carlshad
Alamogordo
Ft. Sumner
WEW
Mexico
arcEabove Espeen
The
Reclamation
Carlsba ‘Tion
Salt Lake City
Misa Hart
Mechem
New State
Je Mechem
Effie V. Hart
Carlsbad
Miss Hart
Salt Lakeay Tribune
Pecos Valley
Francis G. Tracy
Effie Wo Hart
H.R Parsons
Fort Sommer
Nft
Hones
Reso
Western Reclamation Associa
Amere
W. Reid
States Reclamation Congress
Hart
Mise Hart
Katonkas to be brought back for trial in San Juan County
Sheriff Wynn of Aztec San Juan county tasks return of Steve and Alice Katonka from Pittsburgh to face murder charges in the death of Sam Grey and William Kelley. The suspects claim the murders occurred August 1 between Shiprock and Farmington as authorities seek location of the bodies.
MENTIONED IN THIS ARTICLE
San Juan County
Sheriff Wynn
Aztec
Pittsburgh
Steve F. Katonka
Alice Katonka
Sam Grey
Willim Kelley
Gallup
Katonka
Shiprock
Farmington
Farmington Lumber and Hardware Company organized
The Farmington Lumber and Hardware Company of Farmington Juan County is organized with authorized capital stock of 30000 dollars. Three incorporators subscribe 3000 dollars: Tango Cole 1000, C C Mumma statutory agent Farmington 1000, RE Drolet Farmington 1000.
MENTIONED IN THIS ARTICLE
Farmington Lumber and Hardware Company
Farmington
Juan County
Tango
Cole
C. C. Mumma
RE. A. Drolet
Ruth C Miller resigns as director of vocational education
Ruth C Miller tendered her resignation as director of vocational education and state supervisor of home economics, effective immediately. The State Board of Education recommended no immediate successor, with the department to reorganize by appointing a supervisor for each of three units.
MENTIONED IN THIS ARTICLE
Ruth C. Miller
Vocaional
State Department of Education
State Board of Education
John V. Conway
Superintendent of Public Instruction
Also Mentioned on This Page
Read
J. C. Seth
United District Attorney
Tin
Edwards
Hernandez
B. Hernandez
District of New Mex
Jonathan H. Wagner
Perm Chaves Co
Res
Perm &G. Co
Perm.s Welfare Re
An Juan Co Sch
Fd. East Inc
Mr. Davis
Santa Railway System
S. I. Roberts
Carlsbad Chamber of Commerce
Mem
Effie Vo Hart
NEW Hardware and Lumber Company
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