Salt Lake Tribune | 1917-11-21 | Page 12 | Hatfield Dealings will be Protected

HATFIELD DEALINGS WILL BE PROTECTED Colonel C. E. Loose Tells Membership Committee of Stock Exchange He Will Effect Settlements. Discrepancies In tlie accounts of the firm of A. F. ralm & Co. were brought up for discussion yesterday afternoon at a special meeting of the membership committee com-mittee of the Salt Lake Mining & Stock exchange. Colonel C. E. Loo.e appeared Lefure the committee and announced that he would stand by his letter which permilted A. T. Hatfield to occupy Colonel Loose's scat on the exchange and through his attorneys would effect HiHtlemenla with I he creditors-of Mr. Hatfield. Colonel Loose told tho committee I ha t he bad not Fharrtf In tlie profits of Mr. Hatfield's dalint:s on the exchange, but that airanceinentg bad ben made to care fur discrepancies in connection with Mr. Hat field' a t ra nsactiona on thn exchange. A coinmitK'f from the creditor of I'ahu .;- rv.., rnmprislnir F. K. W'nolley. B. W'.t LHxou and Arthur Thomas, wus uppolnLud ! to tabulate the transactions of Tahn and i effect settlement on unclosed business: It was announced by the membership committee that no blame was attached to Mr. Hatfield because of unfortunate transactions with Mr. Palm, and the opinion opin-ion was expressed that Mr. Hatfield would reimburse Mr. Loose for any losses that may he suffered by the latter in connection connec-tion therewith. The membership committee voted fa -vorably on the application of J. F. Meyer for a seat on the exchange.