Durango semi-weekly herald., 1903-01-08
TOM ANNEAR APPOINTED
RECEIVER BANK OF SiLvERToN


rived Saturday evening. at the request
OF interested parties for the purpose
Of taking action In the petition for
receiver drawn up by Messrs. Buchan-
an 4 Searcy at the Instance Of de
positors The matter was presented
| to the Judge and he appointed Hon.
/ Tom Annear as receiver. II seems
/ that Mr. Auncar was on the same
train going to Silverton Saturday
evening Judge Russell had been
studying over In his mind who would
make a good man for the position.
whom his eyes lit on Mr. Annear and
thst ,cttled IT, Mr. Annear at 1rsi
I declined. a. he was somewhat inter
oEied and was not banker" But
the fudge knew when he had good
man and made the appointment.
Bond lwas hred In the sum of 100000.
| which WIS furnished the same even
ing and approved by Judge Russell.
/ tiit ksys being turned over and pos
ee-Yion taken.
This morning Receiver Aunear. as
sisted by the committee mentioned
Saturday started on the work OF OK.
amining The books and accounts of
tho bank, and IL will probably be a
week or ten days before Mr.. ABnear
WIZ ae able to make report and
nothing will he known In regard to
tho condition of affairs until made
public by Judge Run II. II Is the de
sire OF the receiver o have com
plote and detailed statement with a
ronipre henaivc idea TO dcpori,ora as
Ia what may be expected In way OF
nuai results. The appointment OF
MIR Anncar meets with the hearty ap.
! 0royal ~ all Interested parties as he
10 known TO be thoroughly competent
and Trustworthy
In regard TO the published state
mouts IN Denver papers concerning
deposits. late Cashier Mundec author
llea the statement that the figures
given are not correct In any particu.
lar many mentioned having no de
po8lts. while the amounts Of others
are not ~ given.
The statement published in Denver
papers that miners from the hill came
20 town Friday ana Saturday bent
on raldinE the bank ls also fabrica-
tiOu out uf whole cloth, an at no
time has there been any indication OF
disturbance the feeling generally be
iuE one Of sympathy instead Of cen,
sure. True many are feeling blue
over anticipated losses. but II can be
stated that the failure viii not afrect
| thJ local business interests or Grip
Pile any Of the depositors, as it was
easy money as rulc on deposit. aud
from unofficial sources II is believed
| dcpuHitofH viii receive from 60 to S5
per cent. although some place II as
low as so Hut this cannot be even
estimated until the receiver makes
| his report which, as stated above. viii
bt at least a week and possibly long
cr
The funeral of deceased took place
| from the Congregational church at
Two O'Clock this afternoon, Rev. Mr.
Gayra preaching the funeral sermon.
There WAS an unusually large at
tendance and there were many tear
stained eyes. even among those who
ARE possibly financial losers The
Caakct was beautiful one and the
floral offerings were profuse. After
the services large number followed
I Tho remains to their last resting
place. intcrmout being in the GENE
terry ON reHcryoir hill
The only Immediate relatives pres.
| cut were McBsrs C. T. and George
Robin brothers Of the man who could
not face his fellow man agnin In finnn.
I Id.
Nug cAhled concerning the death OF
her husband no word has as yet been
received from her.
Speaking OF his brother. Mr Robin
said the action OF his brother was a
shock to him While others have oh
! served some slight defects In Mr. Ro-
| biu'a actions OF late. the brothers
! had not So far as business relations
deceased never told his brother amy
thing about his AFFAIR.", and consc.
uucntly he ia in no better position to
smmise the real difficulty than any
body else
! II has been wondered that trainmen
did not discover Mr. Robins body
Friday It happened that trains
| AID not stop az the water tank Fri
day The traiumen did see man
/ sitting against the rocks and timbers
OF the tank. but supposed 1t was
someone intoxicated. II was not un'
~ Saturday that the true facts became
known Mr. Robin had seated him.
solf against the timbors and mothodi.
eaily pulled tho trigger. ending his
Ne without a struggle as the body
WIS upright when found. with the
hands resting at the side
That deceased carried considerable
lfc insurance is certain. but at this
time NO one knows the exact amount.
being estimated all the way from
$4,000 to $4,000. 1t Ia believed that
a portion OF this insurance Is made
| payable TO his estate. II this Is the
case or Mrs Robin should take II
upon herself to assist depositors
viii undoubtedly be paid In full.
Il il said that Mrs. Robin Is a
/ stnckholdcr IN the bank. II this is
20 II would make her personally re.
| spousihle. at least to a certain eX-
/ tent aud life insurance would then
| be available Mr. Robin has resided
/ in Denver Tor several years past, en-
| tcrtainlug on large scale and living
ON the scale OF a millionaire's wife.