The Boise citizen. (Boise, Idaho) 1906-1910, 1910-11-04
WRECK OF HALEY BANK
State Bank Examiner Cruise
Is Borrower of Funds

Nothing that has occurred in the financial world of Idaho
been scandaous the failure Of the Idaho
Haley The Brady administration found involved
by the failure W. CLANCY former bank examiner found
have been stockhoder and borrower of the funds and w G. Cruise
present bank also borrower pro-
tectng deposors evidently wned
oong of by officers 1t was apparent that efforts were
being made suppress the concerning this failure by
gvngs parties the reorganzed
Former Governor Frank R oodg was frequently ood as raising
the put the bank But public pressure
report of the H n Coffin has been filed with the clerk of
HALEY and it public property The daily papers,
Boise have suppressed all reference the connection of the bank
examiners with the affairs of the institution and all concerning
the failure excepting the barest mention.
From the of the learned that among the
of the bank the note of W. S. Clancy who bank
under the last Goodng administration holding for
time under Brady whose private secretary Mr. Brady private
capacity he for several years. and the of the bank
examiner, W. Cruise, appontee of Governor Badys The
CLANCY for $780, and bears date OF Sept 1909 the money
being borrowed for the purpose of buying stock of the bank and the
said stock the sole security for the oan The stock now abso
lutey worthless
There are two signed by W. G. Cuse present bank
er the first being dated July - 1909 and being due July H. 1910
for the $780, with security The second dated
July 12 1910 for $500 and secured by stock OF the Idaho State
Life Insurance Company.
Leo Cramer was vcepresident actively charge of the
affairs Of the bank which accounts for OF the loans made the
following list of and oveas being evidence OF the open
Cramer brother of Hugh Cramer Of the directors OF
the bank ovedra of $152 drawn March 49, 1909 His
also given for $5,O00 without security.
A. Caer wife of Leo Crame Vce-preSldent OF the
bank, owes an unsecured note of $4,000.
Ernest Cramer of Hugh Cramer, note for $1,000
Hugh Caer 81 004 and demand note dated
March 80 1909 for $4,000 Leo Camer demand notes. without
any security the following dates October H. 1908 Slo34
March 49, 1909 $16OOO October 2 1909 25OO July TO- 1910
$500. ,
The Cramer Electric Co., which Leo Crame president and
Ton Cramer secretary gave following Under date OF
March 49, 1909 $190OO October s. 1909 $4542 June - l9o9
S5OOO with security excepting $4,000 worth OF bonds OF the
company ,a, ,1 4a
A. B. Cults cashier ovedraft of $43254 and demand note
dated October 20 for $O0O with no security and note qatd
October 81 1909 $500 borrowed to purchase stock OF the D
and due January secured by the worthless stock OF the
demand note of August $50O purchase stock OF the
by the other notes OF Cults are dated
a forS QoOVg
Dec 80 1909 due June 1910 $5O the two latter to purchase
stock of the bank. ,1.o1 = = -
sum of Sc 5oO for which he gave his unsecured noe dae
27 1910 and due 27 1911 also overdatt OF 9of9So
Toe Diouet brother-n-aw of J. Ptnner gave demand ote
dated October l. 1909 $3.50 for stock of the bank Same aa
demand note for So O0O security and on same date deau
note for 81 750 security -, -, :, ,.,.;1a,+
E1 Orc Mining Company Of which F. W. Johnson peSue
and b co Srame is also interested borrowed from the bank
on n % 1910 due December 28 1910 $85oo upon note o ~
amount with no security ,o- - the e,n, Of
Plumer president of the bank is borrower IN te @ sum
So 900 note without security being dated November lSV9 @
May 1, 1910