The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-06-02
THE BANK LOOTERS.
Very Little Progress Made in Solving
the Mystery.

Since the last issue of this paper many
developments have occurred in the case
of the Goldfield Bank and Trust Com
pany which have made it the chief
source of interest in business and tinan-
cial circles; the mysterious actions of
the officials, their repeated assurances
that depositors would be paid dollar for
dollar, and their apparent disinclination
to afford the public and the depositors
any idea as to the kind or value of the
supposed securities with which they are
going to accomplish their assurances,
has surrounded the whole affair in an
erebus OF gloom.
THE LOOTED BANK STILL
STANDS EMPTY.
Since the arrival of Young and Bur-
ton, the latter has done most of the
talking, and statement after statement
which would shatter the credulity of a
saint, have come from this mans lips.
Smooth, plausible and keen, the master
mind of the whole affair sits and smiles
as he confounds his listeners with assur-
ances OF sincerity.
Wednesday afternoon the authorities
took the most decisive step since the
men were apprehended in San Fran
cisco. Young, who had obtained bail,
was again placed under arrest by Judge
Bell on complaint signed by f. l..
Mcclure, of the State Bank and Trust
Company, charging the former presi-
dent of the bank with embezzling
spent the night in Jail, and Thursday
was arraigned before the court, when
his bonds We're fixed at $50, 900 to guar
antee that he would appear for trial
June 10th. The amount of the bond
will no doubt prove prohibitive, and
Young will probably languish in the
city's strong bC3' Until the day set for
trial.
Burton has not furnished the bond of
$4,000 but is guarded day and night by
deputy. His trial is set for June 9th.
Thursday noon Cashier Boal arrived
in the city in custody 6f Sheriff Bradley.
His bail bond was fixed at $4,000,
which was Immediately given. When
approached for a statement Boal would
not talk.
The plot grows deeper and deeper.
Some one is going to suffer. The ques-
ton is which one of the trio will be the
Fall Guy"
1t was learned today that Mr.. Hirsh-
fell,. receiver of the bank, in looking
through the papers of j. B. Young
which have lain in the vault of that
institution since the hasty flight of the
latter, were owe tnauled this morning and
securities said to amount to S24 ,00O were
discovered.
When Mr.. Hirshfeld was approached
on the subject, he admitted that some
securities had been found, but could
not at present state how much the
aggregate amount would be.
J. r. Boal, cashier of the bank called
upon Mr.. Hirshfeld this morning, and
offered at any time to give what assist
ance he could, stating that he would be
very glad to explain any and all entries
that now are puzzling those who are
trying to get at the bottom Of the tangle.
In speaking of this Mr.. Hirshfeld said:
81 have but one question to ask from
Mr.. Boal, that is to explain to me the
reason for those entries against stocks
and bonds aggregating $43,500. With
this information in our possession, and
satisfactory reason given for such
entries, we can clear up almost. tire total
discrepancy now existing