The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1910-10-25

Answer this, was tAst more hssnsss
FsNssl ssys' Evsn today. Why don't
the stats efdesrs make report on the
cslumhia Bank7 Tbey conceal the facts
- 70 the colunibia Ter aems ersekss fsa
Now. reader. Mr.. McNeal knows isis
statement ~ = faiaehood IN avery PAT
ricular. Read the following certihcste
Oklahoma city. oklehoma. October II,
q hereby certify that am Clerk Of the
District Cosrt Of Oklaholns County, and
that on ths eighth day OF March, nine
teen hundred and Ten, there was fled ~
the public records IN my ONCE report by
A. nj Young, state Bank Commissioners.
containinR q fun report or al ms ac-
counts and Affairs OF the coiunbis Bank
and Trust Company which had failed on
The twenty-ninth day OF September, nine
teen hundred nine. being hye months snn
siant days sS Pro, to ths srda lsms thAt as'a
II further certify that 81 All TINES
since the 1ling Of said report on The
eighth day Of March, nineteen hundred
ten, that said report has been part OF
the public records on 1le In ms offlce
and open 10 inspection OF any person
WHO desired 10 see OF examine fhe same
at all hours Of syery business osy 81
~ witness my hand and the seal OF said
Court the day and year above stated
(sifneo), HATHAWAY HARPER.
Clerk Of the District Court Of okiahomA
County"
(sEALD
Since you have read this certineate,
please understand that The columbia
Bank Was located in Oklahoma County,
and therefore, the report was niea N mo
district court OF that county.
Mr. McNeal knows that report if ~
these public records, ana he knoHs nhat
the report contains, but he THINKS ~
can decisive you By his false 4tstenfnl;
Does hs csll this more business ane
AR. McNeal states that W. a. Led
bettsr got al attorney lee Of twenty
five thousand dollars for legal services
in lfouidafing the Columbia Bante
This Is also false, and Mr.. McNeal
knows IL is false, for he has seen the
record himself, snd knows lli4t tnt .o.9l
nineteen thousand dollars, OF which at
torney faes was ths smallest part.
Think OF H. reader. Nineteen Thousand
dollars expense for liquidGtinE 3 bank OF
| three million two hundred and ninety-
four thousand dollars OF accounts Thas
small expense. is unequeled IN fhe hiE-
tcvy or liouidating national banks.
Air McNeal stated IN a speech recently
that the losses OF TIE tolumblA bank
cost the taxpayers Of Oklshoma six Aun-
1'his Is false. II did not cost tho tax.
payers Il single penny and Air. McNeal
knew that his statement Was fsise wnen
ne made i The bank susrsntsy iuna y i
banks and even the other state bauks,
by reason Of increased business ana ioW~
er rates OF interest on deposits. nave
saved much more than their sssess-
ments amount TO- and The public have
heen protected against the loss Of
single dollar.
The third failure OF state bank oe-
Cured December 18th, 1903, when the
First State Bank OF Keller peink slnall
bank With len Thousand dollars capftal,
Banlx Of Tulsa failed with about twenty
thousand dollars OF the Keifer Banks
money led up MIN no 4prospses q a Ds
lars for an indefinite length OF time.
Therefofe. he state Bank Conpli ssioiler
took chsrge OF the First stare SANK
OF X eiferson December 18th, nIi1edietely
paid every depositor the last within
eight dsySl and if the Farnaera' Natlousl
Bank could be Inade 70 PAY It's deptk
tile guaranty fund would NOT lose penny
On account or the failure 0f the First
state Bank OF Keifer.
7 Z This is the list of state bank al ures
in OK ahona undef the-ne AN.
NhTioNAL sHNks IN coMRARlsoN.
The American National karls 81 kart-
lesyille failed about eight dAys after tie
Coium bis, Fortunste for the ciFy n
BartIesviHe an aggregation ef public
spirited eirizenE saved tue deposigUfS
4 from loss by the inlmediata organlzati1n
81 q new national bank, and assuming
the obligations OF the American. Narionai
4 Bank and thereby saving the depositork
( from actual loss These gentlemen lent
I oonside cradle money themselves ia - 40
I .t
having itK credit saved, not by tile merits
OF the national banking law, but by me
( commendaDle spirit Of some VI ~ cltt-
zens. IN the absence OF Sucb citizens
1 Bartiesvlle would have had severe
I shock many OF it's citizens suffered great
loss, ana the town a business set sseh
~ pARMERsf NATIONAL SANK.
on December 18Th, the Farmers Ma
/ tionxl Bank Of Tulsa fsied; was imme-
! dlstely locked NJ BY the Nationai Bank
( use Of their money for weslss great
I siiiTerinx ana embarrsssp resulting
one q the many instances viii ilus-
Young lady working at tia Hotel
Robinson mad sixty dollars Of l,e1 eeylnfn
on deposit in tile F1rmsrs NsNenal Esllk.
She had contenplateo gong 70 k@hses
( mother. and required the littla money
she had on deposit, with tears IN Her
4 eyes she asked The Bank Exaniner Ehen
she could get her money. re repneu'
GOD only Knows; dent,
Later, public spirited eitizans of gWss
organized a new bank, AND conditonshy
assumed the Liabilities or The fsiisd
! Farmers National Bank, giving LONG
? time certificates at low ratsy OF interest
/ in payment for their deposits.
These Ionc time certificates fer -.
posit il failed natlonsi bank may ieek
! - oood to doe McNeRl az spct cash from
! failed atats aank, but cash icoke more
I to us like "more busieess and issr poll
'ss Jcs MeNssl says: WAY don't the state
prosecute the chief o7icsr 81 the colnm-
4 hiA BankF ,..,..
( 1. The state Board has hled its report
I with the district court Of Okihh0ma
I county the Sth day OF last March. Okla
( loma County has a republican county
/ ATTORNEY We believe he is good Ipai
and win prosecute wherever an oHsnae
seeras APPARENT.
who was chief oficer OF the Columns
4 Rank was also q CHIEF oi1cer or the
AmarIcan As3lonaI Bank ana tha Farfyl.
err, Natlonsi Bank above inentlonel
/ both OF which faiied and no prosecutions
Probably it has occurred 70 The ma
+ tfonal banking authorities thai IT. was
! Rad Judgment or misfortune rather thAn
! eriminaI intent and the lnyslty ~ this
ofIcer to h.k creditors In turning ovsr
! All ria nrivAte properly 10 pay losses
| may have justly exonerstsd aim rom
n Il more business sue lass politics
FOR AIcNeal 70 disOredir the state th1t
I tolerates his presence. and TO falsify isWa
| and principles IN any reckless oid way
mat would boom him for Governort
one more Instance, the capitsl Ma
This bank failed ia tbs city OF Guthrie
six yeafs, ak months and fifteen days
ano today.
Il a stIii il the hands OF the United
| uthfm~ fznvaeurueut srfNOri1fee for SET