The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1912-10-04
BANK ASSETS
ACCOUNTED FOR

deavored to make the impression that
a part of the assets of the Columbia
Bank and Trust company are unac.
counted for and that democratic bank
ing commissioners have improperly
disposed of them. This is entirely nm.
true. It is shown in the report of the
inspector who recently examined the
Columbia Bank and Trust company
affairs that such of the securities as
are not now actually in the hands Of
the bank commissioner have been
turned over to attorneys for collec-
tion. A. NJ Young, formerly bank
commissioner, has receipts from e. B.
Cockrell, his successor, for all of the
assets anu Mr.. Cockrell who was sue
ceeded by J. D. Lankford holds 8Ir.
Landlords receipt for the assets. The
following correspondence fully ex-
plains this matter:
September %, 1912.
'Mr. Fred Parkinson,
"State Examiner and Inspector,
oklahoma City, Okla.
Dear Sir: The newspapers have
had a great deal to say concerning
your report made by Mr. Colin Valen-
tine of the liquidation of the Columbia
Bank and Trust company, and while
no direct charge was made against US,
our names have been freely used in
the articles referred to. Your search
ing complete and unbiased report
shows that all the assets of the Co.
lumbia Bank and Trust company have
been accounted for except, approx
mately $4,000 This leaves the inn
preston with the readers of the news
papers that we are responsible for
this stortage The records in the bank
commissioners office show complete
list of all the assets on hand at the
time A. NJ. Young went out of office
E. B. Cockrell, who succeeded A. NJ
Young as bank commissioner, also
holds a receipt from J. d. Lankford
the present bank commissioner, for all
the assets on hand at the time ]. D
Landlord took charge of the Office
These receipts show that the S74,00O
in notes which your report shows We're
missing, were in the hands of attor
neys for collection at the time the re-
cepit was given and Mr.. Lankford now
has those receipts in his Office. We
brought out the facts in your Office ON
September 21st in tie presence of a
reporter for each of Oklahoma City's
daily papers.
In order that the public may know
the plain, unvarnished truth and that
simple justice may be done us, we
feel as a public official you should
state these facts over your own sig
nature and forever put at rest the III
famous and outrageous insinuations
that have been scattered broadcast in
regard to this unfortunate failure
Very truly yours,
"E B. COCKRELL,
"A. NJ. YOUNG.
The following is from Inspector
Parkinso min reply to the above let
ter
"Messrs. A. M. Young, e. b. Cock
rell, Oklahoma City, Okla.
Gentlemen Replying to your let
ter of September %, concerning the
report made by this Office of the LIQUID
alton of the Columbia Bank & Trust
Company, will say that Mr. Coekrel
now acknowledges receipt from Mr.
Young of all the notes belonging tc
the assets of the Columbia Bank 4
Trust Company as shown By The
liquidation records on May 81, 1910
at the time Mr.. Young retired from
office. Mr.. Cockrell has this day pro
duced receipt given by Mr. Lank
ford on March 2, 1911. when he tool
charge of the Office which receipt
covers all the notes called for by the
records. / have received a letter from
Mr.. Lankford. copy of which is at
tached, which fully explains this mat
ter.
And so far as you gentlemen are
concerned, all the notes of the Column
bia Bank & Trust CompaJ are ac
counted for.
yours most truly,
FIRED PARKINSON,
State Examiner and Inspector.
Mr.. Lankford says:
Hon. Fred Parkinson,
Examiner and Inspector,
"Oklahoma City, Okla.
Dear Sir: With reference TO th'
$4,000 of the Columbia Bank & Trus
Company assets, which seem to hav'
been found short in your examination
OF this department, will say that whe'