Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1893-10-23
THE BANKS.
The SocOrro National to Resume
Dane Bank Dividends Al
buquerque Savings Banks
Showing.

u. 8. Bank Examiner Abrey has posted
notice on the Socorro National bank
announcing that the institution is tenn
porarily unde -.s control. An examina-
tion of the banks affairs reveals the
gratifying fact that it is not in particu-
larly bad shape. It owes about $12,-
600 to depositors and those holding its
obligations, while its assets amount to
at least $4,000. So that no one need in
any event anticipateany loss of their funds
due them by the bank. The institution
has not been closed, and in less than ten
days it is expected the examiner will
walk out leaving the bank in full opera
tion under the old regime.
THE DANE BANKS.
The checks for the dividends declared
by the comptroller of the currency in
favor of the depositors of the First Ma
tional banks of Silver City and Deming
were paid to depositors by Receiver
Foster on Saturday.
The dividend for the. .Deming bank is
Is per cent and for the Silver City dopo-
sitors 30 per cent.
1t will be several months before another
dividend is declared and the next one will
in all probability be final The amount
to be paid out on the Deming bank is
$20,2S4.94 and $42.63 on back first divi-
dends and on the Silver City bank $16,-
901.14 and $319.34 on the back first divi-
dends.
ALBUQUERQUE SAVINGS BANK.
Hon. j. L. Saint, receiver of the New
Mexico Savings Bank & Trust company
at Albuquerque, has filed a statement in
the district court showing what he found
in the bank when he assumed control.
From this it appears that the liabilities
of the bank amnlnt to $1S9,377O9; cap
ital stock, $4,000; surplus fund, $4,000,
and interest account, $4,l99.53; total
amount, $254,573.62.
The assets are as follows: Loans and
discounts, as shown by the report, $780,
459.53; due from Albuquerque National
bank, $5,882.75; stocks and bonds, ST.
000 The receiver found cash on hand,
$13,079.32, making total of $685.
42160.
Following the liabilities and assets is
list of the names of those who owe the
institution, list of the local and east
ern directors, and a list of all the depo-
sitors.
LAWYER cHILDERs' MISSION.
The Davenport Live Stock company
whose ranches are situated in western
Bernalillo county, and of which ex-
Alderman John A. johnson, of Al
buquerque, is the head, has $500
head of cattle and forty head of horses
on the range near Lamar, Colo,
which Receiver Schofield is trying to get
hold of for the benefit of the defunct Al
buquerque National bank creditors. On
application of Attorney W. B. Childers,
Judge Hallett, in the U. s. circuit court at
Denver, has enjoined Johnson from mort
gaging this stock. The complaint recites
that John A. Johnson owes the bank
$4,000 of loan of $31, ,632.S6 he made
Dec. Is, 1892, when he mortgaged the
cattle and property. 1t is alleged that
the cattle were removed to Colorado from
New Mexico only on an understanding
that the mortgage be recorded in Colo
rado, but instead John A. johnson had
executed q mortgage in favor of Caleb
johnson his father, for $1l, l,62O.O6 and
also had given the Barse Commission Co.
a mortgage. Intention to defraud is al
Legged