The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1910-08-06
Eureka COUNTY BANK AFFAIRS
Statement Showing Salaries Paid
Officials Before and After
Bank Closed

In addition to the authorized state
ment OF the affairs OF the defunct Eu.
reka County Bank published in last
weeks SENTINEL, the following has
been furnished by Judge Peter Breen
in regard to current expenses, ETC.. in
Che winding up of the business of that
institution:
Il have heard" said Judge Breen.
''of some miserable canards spread
abroad by one or two d~iscredited per-
sons-persons with q crouch. superin-
duced by disappointed Office seeking.
or love for the looters-as to the great
expense attending the liquidation of the
banks affairs. and l went to Clerk
Griffith, a gentleman who will not
juggle with the money OF the
depositors, aud obtain ed the subjoined
statement of the expenses of running
the bank, as far as it can be obtained
at present.
1.-THE management Of the Eureka
Live Stock Company's business is in no
way connected with the bank. it being
in the hands of three trustees who. by
the way are giving their services gratis.
thereby saving the bank depositors and
other creditors the sun Of 1865 per
month, or the large SUN OF $3.50 per
year, which will more than pay for all
legal services we have been compelled
to undergo to protect depositors.
1T will be seen that in the Live Stock
| Oompany's affairs the salaries of Grit
fin. German and Hancock lave been
cut out OF the expenses. save the in
con siderable sum of s25 per month for
the keeping Of accounts.
1.-THE legal services of Charles b.
Henderson, the Receivers attorney.
can not be ascertained as yet, but l
have it from the lips Of this reputable
attorney that no exorbitant compensa-
tion-no fees the depositors Of the Eo-
| reka County Bank could take umbrage
at-need be anticipated.
Resume
Bank declared insolvent April 2.
1910.
Receiver appointed by Court April
6. 1910.
"a dividend of % cents on the dol
lar was declared June 10, 1910, amount
ing to the sun of $50, 1872 ga, payable on
June 10, or in two months and seven
days from the closing OF the bank.
"Such is the record"
Bank and Liue Stock Salaries
The following is the statement pre-
pared by Clerk J. J. Griffith and sub
United to Judge Breen:
Salaries Of officers and employees of
the Eureka County Bank during the
year 1909:
WE Griffin V. President per mo. 5000
H.F. Golding Cashier per mo ;. 1876. 90
CHI. German Asst. Cashier per mo 1880
Janitor per month ............. l2.O0
Total .S412. 90
Golding resigned as Cashier November
is. German succeeded as Cashier N
received an increase in salary from the
date of Golding's retirement to slS5 per
month.
Salaries of officers and employees of
| the Eureka County Bank during part OF
1910:
| O. J. Smith President per mo - 5000
| WE. Griffin V. President per mo, 5000
| O. H. German Cashier per mo. =. loo.W
| VIII. Clark Asst. Cashier per mo 1850
| Janitor per month .........-.. 1910
Total @foo'oo
Salaries of officers and Office employees
of the Eureka County Live Stock Com
pany before Trustees took charge:
We Griffin Pres Mg'r.per mo. $4,000
| Oh. German Secretary per NO.. 5000
| ]. Hancock Bookkeeper per mo. eo.oo
Total $4,000 10
| Expense Live Stock Company
under the Trustees per mos 2o.W
| Expense of bank under Receiver:
| Clerk per month. ............. l7o.oo
| Janitor per month. d. .......... lo.Vo
Receiver salary not fixed)
The State Banking Board has not as
yet fixed the compensation Of the Re.
| ceiver, though requested so to do.
Tho cfatuta nrovide the Receiver