Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1909-03-06
RECEIVER CRANK
WILDES SAYS TOM
RICKEY IS LIAR
Shows that Hickey Should Be Wearing
Stripes and Breaking StORe---Bdnk
WreCker Says He Never kneW the
Bank Was InSOIVent When it Closed
Its Doors

Mr.. F. L. Wudes, receiver of the State Bank and Trust company,
was interviewed in his office Tuesday afternoon, by a representative of
thu Carson News:
In regard to portions of the interview held with Mr.. Hickey, former
of the bank, he replied as here reported:
When the bank closed, there was a abundance of securities to
pay everyone and had the bank been properly managed, since then this
would have been done"
What have you to say in regard to this mater?"
Il have received from my agent in Tonopah, who has charge If the
ment of all loans and overdrafts in the southern country, and his esi-
mate of the same after ten months experience in dunning people and in
thoroughly going into all the inticacies of the business regarding the
methods pursued by Mr.. Hickey and his assistant cashiers and this now
lies before me.
State Bank and Trust company.
1T not only does this, but goes further and shows that Mr.. Rckeys
statement regarding the condition of the securities of this concern is an
absolute falsehood.
This statement is open to the persual Of anyone who desires to ex-
anime it and would be published were it not that innocent parties
would be injured thereby.
The decision rendered by the supreme court is unquestionaby the
law and it is to be regretted thatit was beyond their power to present Mr..
Hickey with a well fitting halo.
in reference . Mr.. Rickeya statement, that there we're sum-
cent securities to pay everyone, have this to say, that there we're un
questionaby so-called securities and if the people are satisfied with Sc
curites of this nature, still have them, but, it is impossible to raise
money on them.
AS far as this management is concerned. have no desire to place
myself in any great prominence but every man has a right to protect
Germ in such a shape that the rents from the buildings pay all the ex-
penses of carrying on the receivership That the balances which we're
left in foreign banks-by this l mean banks which are in other states
prey of the outsiders
Thus have protected and have succeeded in recovering the bal
ances held in these banks-a sum exceeding $4,000
AS regards the so-ca1ed securities, it is simply a case Of this re-
lCelNeT nursing UNSe securities du UNDR TO make Inen INA OF
value.
Mr.. Rickeyts statement that n % money was loaned out without care
full inquiry is only on the line of the many lies which he has uttered
from the tim. the bank first closed it's doors.
The deposfors have been robbed wilfury by this man. The prin-
cipal upon which he went was this All gains for Mr.. Hickey and all losses
for the bank
This statement | make because I can prove it, both by the Hickey
correspondence, which l have, and the testimony of men whose word
has never been impeached. The only regret that have is that in my
first statement regarding the affairs of this concern, did not give the
names and descriptions of the collaterals with the figures and facts and
let the people judge therefrom.
THE exploitation of the sale of stocks Of mines which were not the
m ouertv of the comnanV. selling the stock IN Duttinp n the said
stocks al collaterals against large overdrafts, and the reply which was
made when Mr.. Hickey was requested to pay; which al mainly TO this
effect: If Wildes insists on the collection of this will take the matter
Ito the supreme court and keep him out of his money s long s can.
should be the best evidence to the long suffering depostos if they have
any doubt as to what help Mr.. Hickey intended to give them in the liqul
ldatton o. this concern.
Now if these securities are all right, let Mr. Hickey come forward
with about $780, 600, and take over these securities and then this will
be satisfactory proof of his good faith instead of the underhand Hickey
method.
II have never known of such damnabe methods as those pursued BY
this man in the management of the bank.
Mr.. Rickeys interview is simply childish there is no desire OF his
part to help to re-emburse the depositors. 1t simply gives him an oppor
tuniy to pose as a martyr-a still rich one.
"The manifest cfminalty Of this man was clearly opened out ant
made evident in the final report of Mr. James 7. Shaw at the conclusion
of the work of the investigating committee headed by him. He is the
editor of your paper. Let his suggestions, as given by his report be fol
loved out.
see if the resulting indictments will be declared invalid. Let Mr. Shaw
tell through his paper the various instances of absolute wrong doing o
which he has record. He told the truth in his report. Let him now eab
crate on the records in his possession
"Mr. LeBreton, receiver of the California Safe Deposit and Trus
company. is not handicapped by the laws of his state. His antagonist
now languish where they belong. Mr. LeBreton has the advantage of m
lin this particular.