The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1911-12-23
DISTRICT COURT PROCEEDINGS
Eureka County Bank Property
Not Sold, Bid of $4,000 Be-
ing Rejected


account in the matter Of Mary Fitz-
patrick, deceased. wa approved and the
administrative, Mary Evans, ordered to
distribute the residue of the estate to
Catherine Lewis and Bessie Oonnolley.
share and share alike.
On Monday the Court called the
calendar Of the Winter term of court
aud took the following action in regard
to the cases thereon.
William Zadow vs. Louise Zadow-
The hearing of the demurrer is post.
poned temporarily. to be taken up on
10 days notice by counsel for either
party.
w. E. Jesnnot VS.. Nevada Develop.
ment and Mining Company-Passed to
be taken up on 10 days notice by
sci for either party.
Bid For Bank Property Rejected
On Wednesday when the matter Of
acting on the bids received under the
Advertisement Of the Receiver Of the
Eureka County Bank. asking for bids
on the Eureka County Bank property,
came up in the District Court, T. j. Nc
Parlin. attorney for Receiver Reynolds,
stated to the Court that only one bid
had been received for the property, that
Of E. A. Skillman, whose bid was for
$500. Mr.. McParlin said he had been
informed by Receiver Reynolds that IL
was understood the Receiver was to
remain in the bank rent free until the
next proposed dividend had been settled
mp, which would probably be about
March l next. Ia view of this condi-
ton he and the Receiver would be in
favor of accepting the bid for $500.
Z. A. Skillman here stated to the
Court that there was evidently a mis-.
understanding. and said that while Re.
ceiver Reynolds had stated to him that
it would be necessary for him to have
the bank premises until he had paid
off the next dividend. and that there
would probably be no difficulty in max.
ing this arrangement, as he thought no
n would want to use the premises for q
bank before March l, nothing definite as
to such IN arrangement had been enter.
ed into with the Receiver. Mr.. Skill.
rnan further stated to the Court that in
offering his bid he was acting for other
parties; that when Receiver Reynolds
had stated to him that he would want
to retain possession of the bank until
about March /. he had taken this matter
up with the parties for whom he was
acting, and they had said that if they
bought the property they would expect
a rent OF $40 per month, which would
be about eight per cent on the money
after the taxes and up-keep of the build.
Ing had been taken out. When the rent
matter was discussed with his princi.
pals it was thought the $4,000 bid it was
intended to put in would not secure the
property, as it was generally reported
around town that bids Of $4,000 or more
would be offered, and the matter was
not further discussed.
Judge Breen here stated that he had
understood that an arrangement had
been made between the Receiver and
Mr.. Skillman whereby the Receiver
was to retain possession Of the bank
premises until after the next dividend
had been disbursed, or about March /,
and under such an arrangement he had
ia fored accepting the $4,000 bid, but
under the proposition of the ~depositors
paying $40 q month rent until about
March l or 10, he would oppose accept.
ing the bid of $4,000 for the bank
property.
Mr.. Skillman then asked for time to
consult with the parties for whom he
was acting, stating that the rent matter
had been hurriedly passed upon. and he
thought a concession of all rent to
March i0-ths period asked for by the
Court and Receiver-might be granted.
Asked by the Court what time would
probably be needed to obtain this infor-
nation, Mr.. Skillmsu said he could
probably obtain an answer by Q or 81
o'clock that afternoon.
Court was then adjourned to Thurs
day at 10 a. m.
On Thursday when the matter of con.
sidering the bid of E. A. Skillman of
$4,000 for the Eureka County Bank prop.
erty was called in court. Attorney Mo-
Parlin. appearing for the Receiver,
stated to the Court that Mr.. Skillman
had informed him the previous evening
that after consultation with the parties
he was acting for, he had been unable
to obtain the concession asked for in
the rent matter.
On motion Of Attorney McParlin, act
ing for Receiver Reynolds, the Court
ordered that the bid Of E. A. Skillman
in the sum Of $500 for the Bank
nramises be rejected,