The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-07-19

] actual currency ...... Sc, 444 0S Sl46. -
! Leaving deficiency Of ~
IN addition TO the foregoing liabilities
/ jas. II. Bacon. the following Habiiit
! watch do not appear upon the books
/ listed.
First-Note 70 D. C. TunnicIiff for 81
Second-Notes due in one and I
/ years given BY Jas II Bacon to vari
/ stockholders of the American NatiO
/ on the basis of $4,000 per share, the
! greEate amount of said notes We be
/ unable to ascertain
"Unwarrantable" Credits.
The following items passed to credit
/ Jas. h Bacon, since Feb. 18th, 1894,
/ pear, to be unwarrantable;
/ March 2nd, 1894 ..-................S 7.79
! There : no trace OF this. the de
post slip being without nOta-
ton, no debit slip being dis
cernable. On this day stocks
and bonds were CHARGED with
S-l00, without any data as TO
what the stocks were.
Difference between $1,000 and
$ Sis being II or notes not. re-
tired on Feb. 18th, 1894 (and
which are still in our possess
sion) and charged to interest
accOU At.
; rch 18th, 1894 ,................. d. IS
| THIS credit was for notes which
had been retired on Feb. 18th.
1925, and which had not ac-
tual value.
June 30Jh 5000. ...-......-....... J. %
This credit was partly for profit
on the Salt Lake & Hot Springs
Sanitarium Co stock. The
Bank OF Salt Lake apparently
purchased 50 shares Of this
stock on that date for $50
being $4,000 above par value,
and Jas. H Bacon takes credit
tor difference. The balance vas
for note given by l. Haber-
july iIi--- BIRD ........-.................. 1o2
This credit was made through
manipula OF Sanitarium
SEPTEMBER 22nd. Is94 ............. 10000
The deposit slip for this entry
reads sale of 100 Salt Lake
City bonds, S193, SSS.S9, the
Third National bank of New
York being charged with same
amount on that date It -
pears that at some date prior
to this entry Jas. H. Bacon
purchased 100 Salt Lake City
bonds. getting the Third Ma
tiOnal bank of New York to ad-
vance the money for the Dur
pose and giving his note for
Sl0J0o000. with the bonds as
collateral security. On or
about the above date. the
Third National bank notified
the Bank OF Salt Lake OF the
sale of these bonds tor Sl0S.-
SIS 50. CreditinE the bank with
this amount and debitiHg It
with Jas II. BacOn's note
100000. and 5000 interest.
The credit TO Jas II. Bacon OF
SIO3. SSS.S9 would have besu in
order, if ne had not omitted
to charge himself with the note
for sl00 Gl0.0o.
October 30th ..-.-.-- .--- ---------.- 30
Deposit Slip reads, sharp ct
al, $4,000: checks, S1.5J40J'
| The first item Is for L nOtsS
signed by Sharp & Rowe Sc
cured by contract between H.
n. Bacon and VIM. Sharp %
for sale of land.
/ The first OF these i notes ma
1 lures 1905 and the last 1915
/ The second item is for note
/ signed by Jas. 3. Bacon. 81
! 5000. renewed Sept 18th, 1895,
/ for Sl,650.00. and maturing April
LIST. 1897, the latter note beng
now in our possession.
November 3Td ...... ...--...-..... $40
| Deposit slip reads b. Special
on "a re date Bacon S-'=ciaI'
is Chac=ed with this amount.
The records do not indicate
why the entries should have
been made.
November 25rd $1,000 -------------- 1.5p
Deposit slip has no notation.
The only apparent connection
being THAI Legal Tenders
increased in a corresponding
NoTen 0iss u 18th '..e u''s ... g. p
Deposit Slip offers no eXDlana-
tiOn of this. On that date
worthless notes (Which had
been retired on Feb. Is, 1881
equaiins this amount were dis
/ counted by the Bank OF Salt
[ November 18th .....-.. ..--..-..--- IS
1 This credit was another value
lsSs note. which had been re-
tired on Feb. 18th 1884
I March 18th. 1888 1880 ----- -----.--- Luz
( The deposit slip reads BID
/ hut the bills discount register
/ does not show that such note
was discounted by the bank ON
that date.
/ The records are obscure on this
po.nt Portion OF or edt- was
/ Tor cashier check. and no evil
/ dence can be found 2rovin%
that Jas IL Bacon was emil
/ tied to any item forming tue
total amount.
/ This credit was for note signed
/ salt Lake Sauitarium 1850
ciatiOu. Tins Aote was origin-
! ally given on Nov. Sth. 1880
J and marked paid on Bis Dis
/ count Register on Feb 5lth-
/ 1891 at which time IT, was
/ charged to Jas H Bacon 5 ac-
count = he records show no
/ further trace Of this note until
/ the above entry, at which time
august 9 a0s 18th = . o'..''.e -. 1850
{ Deposit slip reads -R. E. On
/ that date Real Estate was
! debite6 with same amount,
I with no description, or any rec
/ ord 20 indicate possession OF
/ this real estate by the Bank Of
! Ost ss5 18th ....................... BIZ
J This amount was charged TO
[ Expense on same date with no
/ details or explanation.
I October 18th ---.--------------- l,uU'
4 Deposit slip gives no informa-
ton as to this. On that date
I Interest was debited with
D siel1iS slst .....,.............-. 2.1'
I This was also charged to IN
rerest" account on this date
I February 10th, 1886 ---..-...-....-- 1870
/ Deposit slip has no notation.
on same date Stocks and
Bonds are chsrgea with this
amount, debit slip for same
reading "Sundries with no
explanation as to what
stocks these were.
/ This was for Cashiers Check is
sued in favor Of Jas. IT. Bacon
on July End. 1885. Bills Dis
count being charged on the
same date with this amount
She entry fo- this charge read
ing Error. 6-23 on June
18th. 1Se5. Bills Discount ac-
count was credited w D this
amount but no actual pay
ment OF S5.Co0.e0 appears to
have been made on account of
Bius Discount upon that day.
nor do the records indicate how
JAS. III. Bacon became entitled
10 this credit.
/ Nay 9Th .............-........--- Y 0Gf
/ Deposit slip has no notation. on
same date Stocks and Bonds
account was debited with SlZ.
Nl1-Ut No debit slip for entry
/ has been discovered and no rec
ORD of what stock this was
Total ...--...--.............. .s2l1 SIT
Less amount standing TO credit
Of Jas II. Bacon on the books
Of the Bank Of salt Lake on
Juns BIRD. 1895, being date Of
ASST r1arf e ~