Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-30
ACTS ON HIS OWN VoLlTI0N.
R,,mOr Says Mr.. Adams viii Step
Out from the Directorate
Next Week.
.. uc peclincs to Make Any Com
mcnt Whatever in the
Matter.

,..onb Nelson, vice president Of the
ron National bank and a member oil
a. hoard of directors. will file ms
.,..,oration from both positions at the
roxt regular meeting of the board
,,h,ob will be held on Wednesday
April S. ...
q, an interview with a representative
IT the Deseret News this morning. lie
soid that he had been celebrating
aver the matter for some time, and tnat
!, iustce to the president of the BANK
6 Mccormick, and solely out OF
,yire not to embarrass him or the
soord in their conduct of affairs, he mad
acided TO resign. He said, emphatical-
that he took the step of his own
fro viii and volition and at no one
suggestion: he had remained with the
hank for the last year. he said, as
mater of loyalty to Mr.. Mccormick
an, he would retire with the best or
feelings for him and the institution.
Confirmed BY MIR. MCCORMICK.
Mr.. Mccormick, when seen by the re-
r,rter. said he had received from Mr..
Nelson, notice that his resignation
would be filed at the next meeting OF
,ht board. He confirmed Mr.. Nelson's
statement that his course in the mat
ter had been of his own volition..
A, the public Is aware. Mr.. Nelson
wa cashier of the bank at the time of
til sensational robbery of 100000, and
1r W. +. Adams was vice president.
Che relations between the two had been
unfriendly for a long time past. and
they are no more friendly now. When
The beard was reorganized not long
since, Mr., Adams retired as vice presi-
dent. but was continued as a member
Of the board. Mr.. Nelson retired as
cashier, in favor of Mr.. Badger, the
present cashier. and was MADE second
nice president, Thomas Il. Cutler being
the first vice president. This step con-
tnued Mr.. Nelson in the active con-
duct of the banks affairs with Mr..
Badger, but Mr.. Adams simply met
with the board of directors, giving up
his desk in the bank. This course is said
10 have given umbra '>Se to Mr.. Adams,
land his friends have criticized the
bank alleging that a preference had
een shown Mr. Nelson in the contro-
lersy; 1t was to silence such critl-
dsms friends OF Mr.. Nelson say. that
he decided on the step he has taken.
NOT WORTH NOTICE.
Officers of the bank were asked today
whether they desired to pay any atten-
ton to certain 49, and malicious
statements and insnuations which had
appeared in the Tribune intimating that
some officials of the institution knew
who the robbers were. and that Nor
mon" Church authorities were also
posted as TO the culprit. The reply
was that such reports We're not worth
Identifying by notice, and that the bank
would only treat them with the con-
tempt they deserved. The action of
The bank directors in offering a reward
oi NO,OO0--for the detection of the
'mel or thieves, was thought to be
sufficient answer to all such sensation
mongers.
Many rumors have reached the Des-
eret News that the stories of certain
detectives and wouid-be detectives
making all sorts OF sensational allega-
IONS most Of them so ridiculous as to
DC beneath notice. had been taken up
ny Inc American" party "persuaders'
anu eagerly swallowed, even though the
equitable newspapers of the city had
investigated the yarns and found them
" DC too absurd to print Anything
cues with the Tribune, however. so
''a' inc malicious ISLANDERS that no de-
ceh' paper would publish, Will, judging
W me vile inuendoes with which the
'"eet mas lately been filed be given
publication by the American" organ
W. +, ADAMS SILENT.
Lale this afternoon a report reached
we peseret News that Director w. f.
ADAMS would also file his resignation
Nnh The board at its meeting on the
''", NH Adams was at once telephoned
4''u asked as to the truth of the re-
pol" HIS only answer was that he did
"0' care to discuss the matter one way