The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1921-11-18
DEPOSITS IN DEFUNc'I
| FIRST NATIONAL OF POPLAR
WAS NOT SECURED
zv Stands to Lose the Entire amount Treasurer
1Gand and County Commissioners are Said Be Re
.nonbe on Their Bonds to the County for the Negli-
gence
,,prRs HAVE KEPT Mum ON THE SUBJECT
Do Not Want People TO Know Of Catastrophe That
Has Overtaken County-Von Elndie Weinrich May
4 Have Curses Coming Home to Roost.

Roosevelt county is said to be broke |,
n0ys y ras,,lt Of the failure Of the First
|sT,t;onal ss = ,rS Bank Of Poplar a couple OF
VgsAi T. i r1,nored, although the officials
]. = Ipooseyelt county are as mum as |
q INV rs0'n m the subject, that when the |
FIRST F;rst National Bank OF Pepiar went
= snsb the wall with a smash, in spite OF
u " ',s that could be done in the effort
- ~ cove owe It. it took with it 100000 of
~ y 'r, money belonging to the taxpay.
VIZ VIZ Of T Roosevelt county, $40, 900 Of
which VIII h was absolutely unbonded and
ansecnred. ~ase being carried in that bank
n ma manner illegal and contrary to
the laws Of the state, and that the
.osntv sn has very little chance OF ever
covering even a small fraction OF
Ethe money. r,,D
The 71mor has not been verified,
Init # comes from very good authori-
! " and is no dout true. The papers OF
Roosevelt county are as silent as
ovsters on the subject, but it will be
remembered that these papers did not
renort the failure of the First Ma
tional Bank Of Poplar until three
weeks after it happened and after the
same had been reported in the Pro-
dueers News, the only newspaper IN
northeastern Montana, so no tlrst
Ehand information on the subject is
available, but the rumors are prob
ably based upon the facts. 1t seems
| to be the policy of the Roosevelt coun-
| ty papers to suppress the news which
! the gang that is looting that county
does not want printed.
:, DEPOSITARY LAW
The law provides that county
money deposited in the banks in the
county must be deposited pro rata,
according to the capitol stock OF the
different banks and the acceptable
security furnished and approved both
by the county board and the county
treasurer and that no money can be
left in the banks without indemnity
bonds, personal bonds, mortgages, OF
county, school district, municipal and
state warrants or bonds or U. 5
bonds cor other security approved by
the beard Of county commissioners
When the county treasurer deposits
money in the bank contrary to law.
and the money is lost, he is person,
ally responsible and can be convicted
and punished for embezzIement by z
term in the penitentiary.
COMMISSIONERS BONDS
RESPONSIBLE
The county commissioners WIKI
knowingly allowed such deposits and
approved them, are personally respon
slble to the taxpayers and either they
Or their bondsmen must pay.
CURSES COME HOME TO ROOS1
10 an onlooker, it looks as It. curses
are coming home to roost in Roose
selt county. Under the leadership O
Old Won Hindie Weinrich, who hold
he office of County Commissioners O
Roosevelt by virtue of being able t.
get an office to which John Ander
sen was honestly elected, and VIII
oy reason of his pull in certain guar
eS was able to hang judgmen
ssealnst John Anderson in the sum 9
N'oOO for attorneys fees for darinl
% 60 to court to ask for the offic
% Which the people elected him, an
winch deal is one of the dirtiest an
iottenest ever recorded in judlcla
nIscords at any time or any place
roosevelt county is now bankrup
sno IN worse condition than Sherl
uaa county was when the same gam
vas prled out of Office here by enrage
NIX mmapayers last year. And if this sam
Melnrch is finally stewed in his oW'
s:e ss1ee 1t will be grim justice and
shl seem that there still is in exist
snee a law of compensation tha
'0lks silently in the dark.
M WElNRICH NOW RICH
Mnen Frank Weinrich. was frs
so. s,osted county commissioner of Vale
Hiyaasy years ago, he was poor mai
IT,. t;e mas been in Office steady since tha
w.. He is now a rich man. IS tn
dsty d.S.y OF the deposit Of SIC, 900 in tn
". VIau1ct ct First National bank is tru.
sen Hindie may retire to private llf
eon n Just where he started.
ppvosEVELT COUNTY IN BAD
ana osSsoosevelt county is gang riddle
Aa. Au gang robbed. There is no la
e,s s'e. Horse thieves and cattle rust
tho s. are SO thoroughly in power thu
ffee'. a. eulprlts are reported by state o1
TO be under the protection Z
is. S olleers and it is impossible
'hs them to justice.