The daily sentinel., 1914-02-04
The Daily Sentinel
WEDNESDAY, FEB. 4, 1914.
Re-Opening the Bank

HERE have been propositions under way looking
ward re-openmg or reorganization OF the Mesa county
Developments along this line the past three days
lead u.s. today to make some unbiased and YET we believe tme
the which of such vital this
munlty.
The Sentinel has been in an unpleasant position concerning
the bank all along so far making publications of developments
reports concerning the failure and the plans for reopenng
anything concerning phase of the bank and lot of
pie have likewise roasted US kept silent One gentleman who
has considerable prominence @ IN local bansng circles INSISTED to us
that the make public detail all the
ncctcd with the failure the bank He was emphatic along
this line day later this gentleman insisted
other citizens that the would keep still things would
work better. And thus it goes.
The Sentinel interested above all things seeing the de-
potoumbeng thirteen hundredrealze the fullest
extent possible their deposits These deposits aggregate some
the best possible and the time square
deal all concerned the plan The Sentinel wants to prevail
no matter who promotes carries out that plan.
The affairs of the defunct Mesa County National Bank
bad shape We convinced that there absolutely hope OF
the bank eopenng time under the old management
Receiversp are always expensive always
lily of long life From the knowledge we have of the affairs of and
the conditions surrounding the closed bank and know that
information this extensive and reliable do not be-
eve that the depostors will realize hrfve to forty cents
the dollar if the bank go through liquidation and simply
be closed out under the receivership.
the confidence of the people present plan whereby they could
comparatively short TINE eoPen the Mesa County National
FIFTY per of their deposits give them that
there might be further reazaons the made for the de
bank under strong worthy and 9th
satisfactory onds- all these things be done then such
plan should be given consideration and support by the many
positors and the people generally
The Sentinel realizes that the saving the depostors of the
bulk of their deposits and the reopenng of the Mesa County Ma
tiona Bank will be of nesmabe value this community and will
assist making the year of the prosperous the history
of the valley.
Therefore stand ready and have stood ready all times
to bringing about such action But the openng be
under the conditions detailed above Unless proven beyond
doubt that reorganization plan will be better for the depos
than continued receivrshp then for such PLAN
Furthermore, unselfishness pedomnate in the matter
Any ambitions the banking business control bank
should not be permitted to have influence in the
The welfare and interests of the DEPOSITORS must be
first and foremost and will support
plan that doesn't have the of the depositor
foremost
Those citizens who have been talking about reorganization
and reopnng should lose presenting their propositions
to the dpotor and let the depostors pass upon the
We the dpotors get back every dollar that
possibly be realized and therefore for the legitimate plan
that will prove the effective in this regard
We want to see the depositors get their money.
We would like to the Mesa County National Bank
lopened.
But there has got to be unsesh spirit back of the plan
proposed and simply plan of personal ambition anybods
get the banking business the plan won't be accepted
And lastly all interests concerned must get square deal