Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1909-11-20

The matter of the r~eceivership Of
the Nye and Ormsby County bank,
final accounting and presentation of
resignation, as called for in the dis
trict court, was started this Tor
ing before Judge Langan in this
city, says the Carson Appeal. From
the start the proceedings were in
teresting and the counsel for the re-
ceiyer and counsel for Golden en-
gagged in frequent Tits. Honors
were about ven at the close of the
day, but a lot of heated tits were
INDUCED in,
The most important phase of the
proceedings was the attempt of At
torney Boyd, for the receiver, to
get at the bottom of the transfers
of the branches into national banks
and the disposition Of the real es-
tate and other property of the Car
son City branch to the First Nat
ional Bank of Carson City, and
what consideration, if any, the Nye
and Ormsby County bank received
for the same. He and Chartz in
dulged in some free personalities
following the first question put to
the first witness, j. J. McQuillan, a
former director in the Nye and
Ormsby County bank.
McQuillan had testified that he
was a director and had identified
the minute book of the directors OF
the bank, when Chartz i~nterposed
an objection and was asked by the
court to explain whom he repre-
scented in the matter, it being that
Of the citation to the directors Of
the First National bank of Carson
City and the directors of the Nye
and Ormsby County bank to appear
for examination.
Mr.. Chartz declared vehementlS
that he represented his wife, as 6
depositor, and that in addition he
represented other depositors. "Ont
is quite enough for the purpose
said the court.
Chartz then went on to say tha'
be also represented Frank Colder
and others and that if the truti
were wanted he probably could show
that he represented over half tn
interest Of the bank.
I'VE deny that Golden is inter
ested as a creditor or depositor o
, the bank" interposed Boyd. He !
a heavy debtor of the bank
Chartz started to reply and tn
A court called both attorneys to order
o Golden exclaimed, ''The books don
h show it," and that incident passed
I, The court then asked Chartz If h
! objected as a representative of de
e p%ositors to a full investigation int
e the affairs of the bank, and he sal
o he did not, but that he wanted thf
investigation to be held accordin
. to law and legal procedure. III
court overruled the objection 10 Nj
OUTLAWS testimony and gave motto
that he would call for the books
the Nye and Ormsby County ban
and of the First National bank
a Carson City before the hearing
rs over.
q McQuillan's testimony was to Il
effect that he was o director, tn
, he was present at a meeting in I
)f nopah when Golden, himself al
al Patrick were authorized to
ct ahead and form branch banks in
\ national banks, and to do all thin
necessary for the purpose, and tn
III these men were to report to the {
rectors when they had finished {
n work. He also testified that t
III second meeting was never held al
that as far as he knew the work
w the reforming the branches W
re never ratified. McQuillan would 4
be commit himself to a definite sta
nd ment, relying upon the minute DO
for everything, and when Boy,
questions could not be answer
es from the minute book itself,
ce failed to give definite replies.
He said he thought, however, Il
the interest owned by the N. &
AK bank in the First National of G
81 son City was between 100000 a
$4,000, but didn't know. Cha
objected to what the with
thought, but as he was testify.
to the best of his knowled
ne the court o%verruled the obi
ton. Boyd tried to elicit some
timony concerning the $4,000 wo
EI