Salt Lake Tribune | 1905-05-25 | Page 12 | Depositors Will Not Lose

DEPOSITORS WILL NOT LOSE. Principal Stockholder Says He Will Make a Settlement. LOS ANGELES, Cal . May 24 -F. E. Davis i f this rlt, who owned a majority Of the etock In the wrecked bunk at Gold-field, Gold-field, Nov . sal 1 today that he would at once proceed to that place and endeavor to effect an ea'lltable settlement with the depositors 11 asserted that they would not lose a cent of their money. He explained his connection with the bank by saylnsr that he Invested In tie-bank tie-bank stock and accepted the position of director, believing In the future of Gold-prld Gold-prld and trusting Implicitly In the honor of President Young nnd ( ashler Boal He did not know Burton Mr. l.a Is. who is a well-known lawyer, has llvrd hero for fourteen wars. lie will lose about $20,000 by the failure.