The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-06-11
Making Special Examination of Utah
National.
COMPTROLLER IS COMING
STOCKHoLDERS SAY WIGHTMAN
WAS PREJUDICED.
Believe Special Examination Will
Show the Bank Is In a Good Con-
dition and That the Assessment
Is Unneccessary-The Examiner
Accused of Spite Work.

Inc Utah National bank is undergo
ing another examination by a govern
ment expert. The examiner this time
is J. w. Mcdonald of Lincoln, Neb., a
special examiner, who spends most of
his time on work in the large centers
like Boston, New York and Philadel-
pnia- He arrived in the city direct
from Lincoln, Neb., at o'clock yes
terday and at once began his examina-
ton of the bank. He will remain in
the city over Sunday and resume his
work Monday morning.
This special examination is made in
response to petition from a number
of the stockholders, who believe that
1t viii show the bank to be in far
better condition than showed by EX-
aminer Wightman's report, and that
this last examination viii prove that
the so per cent assessment is wholly
unnecessary.
Say Wightman Was Biased.
These stockholders hold that Wight
man was biased; that he was infiu-
enced by personal considerations in
making his examination, and that his
report was unfair and based on preju-
dice; that, Influenced by spite. he re-
ported the bank to be in a. bad condi-.
ton when such was not the case. They
hold. further, that an assessment or
wrong and an injustice to all con-
nected with the bank. Firmly rooted
IN these opinions, they petitioned the
comptroller of the currency for a Spe-
cial examination. Their petition was
granted, and Mr.. McDonald's presence
in the city is the result.
Future action in the matter will de-
pend on the outcome of this examina-
ton. If the expectation of the object
orS is realized and on the strength of
McDonald's report, the comptroller sets
aside the order for assessment, the
affairs of the bank will be greatly SIM
plified. If. on the other hand, McDon-
AIDS report confirms Wightman's, and
the comptroller insists on the assess
-ment, it will leave the tangie as bad
as ever and force the stockholders to
pay up or resort to some other eXpedi-
ent at their meeting on the 26th inst.
incidentally it may be stated that
the recently published report of an at
tempt by friends of J. NJ. Stout to
have Examiner Wightman removed
from his government position was
hoax pure and simple, without any
foundation whatever No such at
tempt has been made or will be made.
Comptroller Dawes Coming.
Examiner Mcdonald, when seen at
his hotel last evening, declined TO speak
of his business here further than to
confirm the facts in regard to his mis-
sion as stated above. But aside from
this, he made a statement that will
interest all Salt Lake citizens. That
is that he expects to be Joined here by
Comptroller of the Currency Charles
c. Dawes. Mr.. Dawes is now on the
coast. where he has been enjoying a.
two weeks outing. He is about to re-
turn. and Mr. Mcdonald who is in
communication with him, intends TO
have him join him in this city and
return with him to the east. He re-
GREETED exceedingly that he could not
give the exact time of Mr.. Dawes ar
rival. The two are close friends of
lifelong standing, and the comptroller
reposes absolute confidence in his
special examiners judgment in all af-
fairs connected with his department.