Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-05-05
OEPOS|T0RS ARE
QUITE INDIGNANT
ScbettIer Bank Creditors Much
Perlurbsd Over Outlook for
Settlement,
COMPROMISE NOW LOOKS HAY
Church Turns Over Deed to Woodward
Propcrv--Some Hitch over
Taxes,

The feeling Of the Sohctiler bank
creditors ran higher this morning than
thoy have since the Investigation OF the
oS.bonker began, This morning the
hearing before Commissioner Baldwin
was ngoin postponed until o'clock,
while the leading dopositors met 0s u
committee with Attorney e, 49, stewart
and discussed the outlook Yesterday
II looked NJ II a compromise were undor
way that would bring speedy ,ormln'
ntlon 10 the whole AFFAIR Today the
talk was OF continuing the nght TO the
last Glitch, ana bringing OF the schet.
tiers into court 10 explain their COM
duct
q. Herman Scholtler and Cornelius
schclilcr II " expected, Will occupy
tho stand the greater portion OF this
afternoon, provided the case II not
stopped by the reaching OF n decision
IN the compromise matter
uITCu OVER TAXES,
The ltom which raised the ndgno'
ton OK the doposil0re was the request
~ Mr., schotller, through his attorneys,
that the creditors pay the taxes iot
1904 ON the Schottlor home, They hal
already been reused by the fact that y
telephone message Informally placed
5000 NJ the amount 20 be retained IRON,
the snle of the east South Temple street
home, and the written proposition SUB
mltiod later. placed his amount at 49,.
bo0 I'm expressing his opinion on these
subjects, one OF the depoaltors said lhis
morning, II have tried To be cOnsldor-
ate, ana 20 offer the Schottlcrs every
oppori unlty 10 get out Of this troublei
bat am beginning 20 feel Ike onrrFlug
Il on lo the bitter ond nov, The facts In
this ,nse are not realized by the public.
The dopositors are many Of them help.
less old women with the poorhouse
staring them IN tho face or ! would
never say compromise Tor u minute,
II IN wrong 70 try and force this figure
any lower than 10 per cont
CHURCH TURNS OVER DEED,
At tho meeting this morning Attor-
hey r. \, Richards representing PROSE-
dent jos, r. Smith, turned over TO
Trustee Gould u, Bhkely the deeds
for real estate, valued In the transfer
w NiVV' lll llhl'llN W uh'N'INN WIZ
transferred TO the Church trustee IN
trust by Banker Sohottlcr shortly be-
fore his bank went lnsolYont II was
In lieu Of money deposited Nv the bank
by Geo /. Woodward, Of st. George
Utah, since deceased
IN opening tho win Of MIR Woodward
| II was found by his executor that he
| had decided his property TO the Church,
and whom the executor made demand
| ON Schottlor's bank for the money Ne
was told by Sohotllor that Mr. Wood.
| ward had left the money there 10 be
| invested, aud that II had been loaned
! TO A, j, White aud Caroline H. Le'th,
| The security was q mortgage ON prop.
| erty situated on Elghth West street
between South Temple and First South
| streets, and ~ the money Was never
| paid the property had been forooloscd
| The administrator accepted the prop.
orty IN lieu Of the money, and turned
| tho deed over ~ the church, How
| ever, the law staioe that property
| transferred within four months Of the
| date Of bankruptcy reyerts 20 the
| general assets, aud ~ this transfer
| WAS made within that time, the deeds
were today turned back 10 the credit
| ors, However, Geo, Woodward now
hccomca creditor of the bank, and his
claim WIN he submitted In tho genera
list,