State Bank insolvent as directors seek rehabilitation plan
Bank examiner Miller declares the State Bank insolvent and outlines a rehabilitation drive led by directors and depositors. Key figures include Will Brougher James T Shaw and Mackenzie of Goldfield who proposes a 10 percent payout within ninety days with personal liability of 150000. The plan hinges on all depositors signing the agreement to fund the revival and secure cash on hand.
MENTIONED IN THIS ARTICLE
Will Brougher
State Bank and Trust Company
Rickey
Brougher
James T. Shaw
Mackenzie
Goldfield
Carson
Dam Break Entombs 20 Miners at Mid-Valley Colliery
Pottsville Pa February 17 Associated Press Twenty or more miners were entombed at the Mid-Valley colliery near Mount Carmel after a dam broke in a drift, sending mud into the gangway where they worked Rescue attempts continued all day with sounds of digging heard inside It is believed rescuers hope to save all but smothering mud may kill some while the group includes both American and foreign workers.
MENTIONED IN THIS ARTICLE
Associated Press
Pottsville
Eebt
Mid-Valley
Mount Carmel
Testimony in Rickey Embezzlement Hearing Highlights Insolvent Bank
The preliminary hearing for Thos I Rickey, former president of the State Bank and Test Company, charged with embezzlement, revealed deposits were made while the bank was insolvent. Bank Examiner Miller testified the bank was insolvent with liabilities exceeding assets as of October 23.
MENTIONED IN THIS ARTICLE
T. B. Rickey
Carbon, New
Thos
Rickey
State Bank and ‘Test Company
Roberts
Stoddard
Miller
Kansas City Plants Resume Work After Shutdown
The Kansas City Bolt and Nut Works reopened today with about 600 workers after a shutdown since January. The Kansas City Cotton Mills and several smaller manufacturing plants also resumed operations employing hundreds of workers.
MENTIONED IN THIS ARTICLE
Associated Press
Kansas City
France Reports Safer Mine Protections In France
Paris February 1 The government commission sent to the United States to study mining disasters has returned with a report. It states that precautions to prevent gas explosions and protect miners' lives are more effective in France than in the United States.
MENTIONED IN THIS ARTICLE
Paris
United States
France
Heavy quake shocks Sitka Alaska
A heavy earthquake震 quake struck Sitka Alaska at 2 20 this morning causing alarm in the town and interrupting cable communication between Sitka and nearby services. Early reports indicate the center of the disturbance west of Sitka and unusually heavy activity for the area.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Sitka
Alaska
Three Killed on French Cruiser Descartes
Advices from Rear Admiral Philibert report a steam pipe burst aboard the French cruiser Descartes off Casablanca causing three deaths and three injuries. In Barcelona, two bombs exploded wounding a woman and killing another.
MENTIONED IN THIS ARTICLE
Associated Press
Paris
Philibert
Descartes
Casa Blanca
Barcelona
Spain
Night riders strike tobacco barn in Christian county
Night riders in Hopkinsville Kentucky last night broke into a tobacco barn in McKinney area of Christian county. They removed two heavily loaded wagons, built a fire under one wagon causing its destruction along with its contents. Dynamite placed in the second wagon failed to explode.
MENTIONED IN THIS ARTICLE
Hopkinsville
McKinney
Christian County
Rich ore found in Celebra cut of Panama Canal
In Harrisburg on February 17 a chemical analysis at Colonel H C Demming state geologist lab confirmed ore from the Celebra cut of the Panama Canal contains gold silver and copper in three samples with one richer in precious metals. More ore is to be shipped to evaluate bulk profits, with the expectation that all returns will benefit the U S government.
MENTIONED IN THIS ARTICLE
Harrisburg
Panama Canal
H.C. Demming
United States
Will Sue Estate for Counsel Fees in Mrs McDonald Case
James Hampton Lewis chief counsel for Mrs Dora McDonald who was acquitted of murdering Webster Goerin will file a $25 000 claim against Michael McDonalds estate for defense fees Lewis plans to names two leading associates seeking $2000 each He will press executors to pay the amount arguing it was provided in McDonalds contract and may argue the contract is recognized under a trust arrangement in the property case
MENTIONED IN THIS ARTICLE
Chicago
James Hampton Lewis
Dora McDonald
Webster
Goerin
Michael McDonald
Mra McDonald
Miners Form Montana Smelter Group and Elect Officers
The Montana Mining Association reestablished its permanent organization electing M. J. Hewett as president and Thomas Greenough as vice president. L. Liviedermann became secretary with TH A Bell as treasurer. Hewett urged cooperation to build an independent smelter near Helena and the convention moved to guard mine operators from potential trust control.
MENTIONED IN THIS ARTICLE
Associated Press
Helena
Mont
Montana Mining Associa @tion
M. J. Hewett
Thos. Greenorgh
L. Lidviedermann
A. Bell
Hewett
Montana
Hughes League elects Woodford president in New York
Speakers at the Hotel Manhattan declared support for Governor Hughes and predicted his election. General Stewart Woodford accepted the Hughes League presidency and warned the Democratic party to unite for the coming campaign.
MENTIONED IN THIS ARTICLE
New York
Hughes
Stewart Woodford
Hughes League of the United States
Manhattan
Hughes League
Woodford
Democratic Party
Conditions at Fairbanks Reported Quiet in Labor Crisis
Washington reports from Feb 17 state that conditions in Fairbanks Alaska where the Western Federation of Miners is alleged to operate have become quiet. No troops were sent and Fort Gibson commander was told to cooperate with the marshal to preserve order if needed. The crisis in labor trouble is seen as having passed.
MENTIONED IN THIS ARTICLE
Washington
Fairbanks
Alaska
Western Federation of Miners
War Department
Fort Gibbons
Dullness Rules Wall Street Amid Prosecution News
The market opened under low spirits as professionals drove price declines. Sentiment reflected worry over events in the financial district and slim hopes for early improvement, with Southern Pacific rebating actions sharpening nerves among traders. Bonds showed irregular activity.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Financial District
Harriman Railroad
Southern Pacific
Goldfield Men Move to Rawhide Camp Fever Drives Investments
Goldfield men expand into Rawhide with WF Bond, W. B. Scott, R. L. Colburn taking brokerages and mine stakes. Walter Cox, Gray Richardson, Ft. O’Farrell and Joe Enzensperger join the influx while George K. Allen reports Royal Tiger and Royal Coach activity. A three foot ore strike on the Royal Coach and high grade ore in the Murray lease shaft signal strong camp prospects.
MENTIONED IN THIS ARTICLE
Goldfield
WF. Bond
Oaces
W. 8. Scott
Scot
Ammon
R. L. Colburn
Joe Enzensperger
Goldfeld
Rawhide Consolidated
Bond
George K. Allen
Royal Tiger Mining Company
Allen
Hint
War
J.D. Grissing
Cleveland H. Baker
Royal Tiger Securities
Rawhide
AL Jen
Royal Coachmain
Murray Lease
Murray Tease
Also Mentioned on This Page
State Bank
Estate
Sutcliffe
Gillam
Upham and Simpson
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