Evening capital news. (Boise, Idaho) 1901-1927, 1912-11-26
'DEPOSITORS Of
]'HF BOISE STATE
BANK INDIGNANT
Will Ask Court to Remove
State Bank Examiner as
Receiver and Appoint An
other in Place.

Demands for the immediate dismissal
Of v. w. Plat, the state bank exam
liner, as receiver Of the Boise State
bank and the appointment Of M. p.
Meholin, vice president of the Pacific
National bank, in his place, was made
by practically all present at meet
Ing Of the depositors Of the defunct
bank held last night in the Yates build
ing. Charges of rotten politics In the
administration Of the business affairs
OF the bank" were made by several III
the depositors and demands for the ap-
pointment Of some one who is mot en-
Tulfed in the waters of politics but who
knows how to run a bank" were re-
peated through the excited session
Of the depositors.
III they knew anything about bust
ness they would not be in politics" de-
clared several Of the leaders Of the
meeting 1--WE have been robbed of our
money and we want somebody IN
charge Of the banks affairs who will
handle its business In a business way.
We want those notes collected. We
/, want to know what good paper there
/.
here that cannot be collected. We want
ITO know everything and anything about
the administration Of the banks affairs
that will show us when the depositors
can expect to get some of their money
back from this institution. We want
somebody in charge who will not dis
criminate but will collect. Any poll
tician will press some men for collec-
ton and will let others go. We want
the money on every note that Is out
standing, for this bank does not hold
any paper that carries more than a
12-month period before collection.
The depositors We're indignant at the
delay. They say that the state bank
examiner 70 hiding behind the statute
that does not require him to publish
the names of the holders of the paper
of a defunct bank and that he refuses
to let them know just what good paper
there is on hand and what paper is
worthless.
If you will show me what paper we
have in this bank that can be collected
] will see that it Is all taken up and
that the depositors can have their mon
ey within the next 80 days." declared
Moses Alexander.
The depositors' committee was in
structed to ask the court, Judge Davis
for the dismissal Of the present receiver
and. the appointment of another. pre-
ferably NJ. p. Meholin. The Legislature
will probably be called upon to correct
the law that does not require the pub
location of the notes and that enables
the state bank examiner to keep the
depositors in the dark rs to the rea
value Of the paper in their bank. Cap
tain Yates will probably head sucf
a delegation before the banking com
mittee when the legislature meets next
January and will present to 1t the facts
that have arisen in connection with the
working of the receivership Of the Boise
State bank.
The state bank examiner was Will
fled as a politician with lot of po-
litical pulp and the methods by which
the bank was being conducted wert
denounced as rotten politics" severa
times through the course OF the heated
session of the depositors. Some of the
depositors want the names Of every
holder of paper published in the paper.
of the city and believe that such a ster
would bring in the money more readil,