The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1913-01-02
HENDERSON ARRESTED
FOR IRREGULARITIES
IN WASHINGTON BANK
Pleads Not Guilty and Placed
Under Bonds TO Appear In
January.

5aE s--~-------
Mitchell, s. ID, Dec. S0.--when the
Henderson State bank. at washington,
3. d, was suspended by State Bank
Examiner Wingtieid last January 20,
there was no supposition that the
cashier, b. r. Henderson, would be
taken into custody, but that Is the
Enal result Of the situation. The bank
examiner began proceedings against
Henderson at Huron. December 81,
when he filed Information containing
-four counts, charging Henderson with
irregular practices and making a false
statement OF the condition OF h bank.
The preliminary examination before
Justice Var Dalsen was made as pri-
vate as possible, and the defendant
pleaded not guilty to two charges. viz:
Alleging publication OF a false state
ment and making a felse statement to
the state bank examiner. Henderson
al bound over to the january term Of
circuit court in. the sumgof $500, which
he ave v
Early in the year the Henderson
bank was suspended by the state bank
examiner after he was satisfied that
the bank had been doing things con-
trary to the state banking law, and
since that time efforts have been made
to pay up the depositors as near as
possible. Up to the present time they
have received so per cent, and II is
stated on good authority that another
dividend win be made within 80 days.
It is further believed that eventually
the creditors will be paid in full, and
that the heaviest loss will fall on the
stockholders, who are composed prin-
cipally OF the Henderson family. At the
time of the suspension, the liabilities
OF the bank were placed at about $780,
600, with assets OF about $4,000.
which. however, will devotion but little
gfvaapUfh IfAa afakaa k1.ok n khA kwAnf
information will be brought out border
ing on the sensational. n
OLD MINER STRIKES
RICH PLACER FIND
Rapid City. s. D., Dec. 30.-Fred ],
Bierth, of Hayward, who came into the
Hills 20 years ago, and after 10 years
cred rich placer proposition on his
ranch. After wandering about the
Hills, Sierth finally settled down to
raising wheat and cattle. He was G
cessful and has grown wealthy, being
one of the substantial men OF his COM
munity, q eE$5 .
Recently he was leading a pair OF
horses to water and one Of them STUN
bled, turning up quite a bit of earth
IN an effort to regain It's equilibrium.
"A day or so later Sierth had occasion
70 walk over the spot where the horse
mao stumbled he saw something gilt
ter, and upon examination found It TO
DO a small nugget worth about S.,
Scraping away the earth, Sierth recov-
cred enough small nuggets to amount
90 $40. t&
It was the richest strike he had.
ever made, but the lure of the gold
has not turned Sierth's brain. IT
seems, on the other hand, to have
frightened his wits. He will combine
farming and mining on q new and or
tginal plan. After installing a hydrau-
lie drill the loan Will be swept away
until gravel is struck. The gravel
will be panned for the gold there is
in II and returned to the pits. The .
the loan will be placed in its oria,
inal position and Sierth VIII continue
farming as usual. He figares tina by
this thoroughly breaking the ground
the necessity of blowing viii be. obyi-
ated for several years.
George Balm, OF Hill City, spent
Christmas in town and Is highly elated
over a strike of ore made at the Dol
code mine. When reduced, a7meal sack
of the ore netted $40 In gold, which
would make 1t run about s2b0 to the
ton. E" .ar tfg# Lty,.s *
Mr.. Balm is preparing To Investigate
the size OF the vain and develop il to
its capacity. He is an old timer In
the Hills n has never before struck
a proposition which looks as produc-
tive OF results as his strike at the
LDolcode. Eg lib I&s