Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-06-05
MORE GRIEF IN
SCHETTLER CASE
crunior Charges That Assets 0
The Bank Are Being Sc.
crctly Sold
@. B. BLAKELY IS CRITICISED
lie Admits Selling Some Realty With
out First Notifying the Creditors
0fthe Bank,

There was trouble m the court room
nf Referee BALDWIN this morning and
Mr. Sohottlcr, the former banker was
not q party tot thls morning II was
creditor against creditor this time,
with Gould ~, Blukely acting ms trustee
in bankruptcy at the center Of tho
dnicullS
When tho meeting WAS called at 10
o'clock TO rouume the examination OF
The bankrupt witch had been post.
poncd Tor several weeks, Referee llad.
win announced That continuation
NoulN bo lnken for one week AS Any,
G, d. stewart representing the crod'
ilore was out of town,
GRUNrOWs GRIEVANCE
Tho announcement wde not taken 10
indly by Andrew Grunlur who had
u grievance against The trustee and
wanted a. state, he then charged
that tho assets OF the bank we're be.
ing disposed Of secretly without due
notice to the public who might want
a. bid on thum, and 20 creditors who
would naturally want 10 know what
N being done with tho assets out 90
which They must look 10 recover what
over they cnn Of lholr deposits, As AN
INSTANCE OF what no meant he said
that he had lust learned ~ n piece ~
property belonging 10 tho oank which
had been sold privately TO Mrs, Amelia
Dale, ono OF the creditors, without any.
body else knowing about the sale, on
having II chance Ia bid ON H. Tho
property Wae located on church street
leading on Main between Fourth and
Firm houh street, and has frontage
~ 2ia rods with Ha rods depth, II
contains also "A Royen room rouse, ana
Tor the entire property the price paid
by Mrs, Dale was $1,000, Mr., Grunfor
mated that he wanted TO offor 800 moro
Tor that property and wanted to lllo his
pifor right thon ana there,
This brought n reply from Mrs Dale
that she had acted IN good faith, she
had understood Mr. l}lakoly had au-
fhOrlty 10 sell aud had already closed
The transaction, She had even
paid tho money 10 Nh Blake.
W. ana had mortglgod the
place again 10 raise part Of this money
had put IN several improvements, she
had some 10 considerable expense, ana
did not care TO dclInquish her title
without being forced,
10 this statement Andrew Orunfor
replied by asking why Nh this had been
rushed through In such hurry With
nut the Knowledge of any other cred-
iiors lie wanted each snlc reported nt
n meeting of creditors and list of as
sets mailed ~ onch doposltor telling
him Of the credits on hand, the list
price, and giving him chance 10 bid
ON any he might wish 10 purchase.
BLAKELY CAUTIONED,
Referee Baldwin advised that thls
practise be followed In the future and
cautioned Trustee Blnkcly not 10 COM
oludo any sales that were not approved
in AN open meeting Of creditors, 10
this Mr. Blnkcly replied that he had
gIYen two options on two moro pieces
of property ana doFldor 10 be instruct
I'D whether he should call these OF, llo
was advised 10 do 10, and oven though
rlles wcr0 lost lhoy should only be
made with the greatest possible pub.
llclty, on recount Of tho large number
of creditors ana the desire NJ onch one
10 know that he IA being protected,
SALE NOT APPROVED,
IN regard TO the Dale salo Referee
BALDWIN said that he would not ap-
prove Il, AT least until tho noNt
meeting Of creditors, and warned an
creditors against approaching him oN.
'ept IN public meetings for opinions and
rullnga ON the legality Of certain acts,
lie rcnd the law governing the case 10
nll those who were present, and II WAS
shown that II could he construed 10
cover tho Hnlcs already made by the
trustee The next meeting VIII be held
Monday June ~, and the fullest pos.
tblc attendance Of creditors " desired,