Evening capital news. (Boise, Idaho) 1901-1927, 1912-10-02

sU0oo VeCoVuS also snow tnet IN as
ISOLATION with Robert lansdon, former
secretary Of state; B. r. O'NeiI, now
in jail awaiting trial upon numerous
criminal charges; Leo cran,er, now
serving sentence in the penitentiary for
violation Of the banking laws Of the
state, and others, this Same John NJ.
Faines or others and the officials Of
that institution so manipulated the
conduct Of the Idaho State Bank Of
HALEY that that institution was
wrecked, Crarer was sent to the peni-
tentiary and others associated with
him are awaiting trial, and the do.
positors Of that bank have received no
dividends, although tho company or
sanized by Haines and Of which he was
its first president and Of which Lans.
don was its first vice president and Of
which o'Neil. Lansdon, cramer and
Haines were directors, only about .
month prior to the failure Of that bank
was secured through mortgages, ma
nipu'ation Of the funds and otherwise,
leaving for the regular depositors Of
the bank just what they have been ever
since seeking to find but have not yet
found.
In order to give the public the record
facts in this Transaction, it will be-
come necessary to mention the Idaho
State Life Insurance company of this
city 1t is desired to have it under,
stood thoroughly. completely and en-
phatically that insofar as the record
here referred to and quoted relates to
that company, 1t relates to It under
past management and that it in no.
wise or manner affects the company
as now organized. AS now organized
the Idaho State Life Insurance COM
pany has been purged of, the record
herein given, all losses, II, any, have
been made good and the company is
now In a splendid financial condition.
abundantly able to care for the splen-
did business 1t is transacting and as
now organized has the unqualified ap-
prova1 of the INSURANCE department OF
this and all other states where 1t does
business. This much Il stated at the
outset so that no injustice may be done
to q flourishing. honesty conducted
and worthy institution. 1.-THE record
herein disclosed has relation only to
the business conduct d John M
Haines. the Republican business" can
didate for governor Of IdahoA
Facts Given in Report.
The facts are disclosed by aAjoint re-
port. now on file and of record in the
office OF the insurance commissioner
OF the state Of Idaho. which report was
and is jointly signed by F. r. Hough-
ton, actuary and examiner, Insurance.
department. state Of Washington, ana
approved by Willard Dons insurance
commissioner Of the state of Utah, and
by E. J. Phelps. deputy insurance
commissioner Of the state Of Idaho. and
upon separate report made by F. r.
Houshton, actuary and examiner in
the insurance department Of the state
Of Washington, which report appar-
emily was made the basis Of TIN second
and subsequent report signed ~ each
Of the other two state officials herein
named.
The facts, as disclosed by thia Joint
report and by the separate reportAmade
by the Washington state officials. show
that John NJ. Haines, Robert Lalsdon
and five others who are describai In
these reports as "a lot of professional
promoters" who 'were attracted td the
Aeld Of operations by the fact that
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