Show Ie 11 t riv-t VJ lieN LS I. I or OLD STOCK FOUND MAY BE VALUABLE f City Wants to Realize Re on Dal Dai- Dalton ton and Lark Mining Shares I J. J j j BANK FAILURE RECALLED r 1 Special Auditors to e Remove i Account Against Former Treasurer Ma Maya May I What Is Dalton an and Lark mh J. J stock worth anyWay I IThe The ell city a administration would Woul like to know ant arid and If It Is worth anything at atall e r all time the sal said 8 C C. C A will L lIc be deeply ply In In- 0 1 The inquiry y about Dalton Dallon and Lark Lark- was made at the the- cit city treasurers treasurer's ornee of- of nee flee ct the time other day quito lUitt iu in the time same sum manner as It is Is' ma made e Here and an It II I l I started parted a line line- of or Invocation In that 1 onI- onI opened up UJ something something- for Cor future pe I-pe but ut He au au amt Inti Incident Incident- nc ent in Salt Sal Lakes Lake's past which Is especially e I apropos In iii these these- d days das ur of f poignant 0 bank troubles j Now the stor story runs runn 5 yay and It Ity P roa rilay y be taken taI 1 for f r what U It i I iii- iii worth worth- J John hn L. L Ma May now no deputy count county re reorder ra- ra order corder used t ti be treasurer of ot Salt Snit Lake lie He made a roo om goodz r cod In time and amid a n ud i he lie no that says now now- t It ft was artly dio to the fact that Percy O O. O PerkIns now his superior officer was was was' then hen an assistant In th the treasurers treasurer's of- of r- r nce cc ce Jack May had hind the elt city money tIe le- hi In various banks Janks of ot Salt Sall Lake W cv z S. and anti John E. E Dooly were vera security on his bond T The lc Bank ank gI salt Lake In those days was was' ii located oate wl where cro tho the Royal bakery bake ww ow sta stands ds In iii Main street Tile rUe leit nt t and accredited d owner ot of Iho lH bank banka was a i JI n. Bacon sun still successful i L Bucce tuk nanc er somewhere on ou the thc coast it I known as tho time Da Bacon on bank long Hone In June 18 1806 G the Bacon on bank suc um ed td to tho timo Strain UL that thai l had fol- fol towed tho panic O be t j 18 1194 and A n n cd ed paW JI L Tie The lo or ol r thE the hanks m doors was Uti this the III nat Cor for an nn upheaval The rite Hy haa hn deposited n tm-i tho 0 bank 1140 oti on n the hc Monday ot of p tb t ur l Tho The Saturday ti i on wi wn r P oC ot iK r J h with mh i it m P- P 1 JacK c MRS May II an r ity ty treasurer b camo l liable bl on hi his bond for Cor ni- ni niall all un the the- city Y J.-H J. P J Jl tho the u or U-f su so Januar 13 12 15 1891 7 and cured Umli note nole with i share share- of ot f f Dalton and r Laric Treasurer Mo Mii r y tool took the hn cafe because Jt it the tho only thing timIng Ho lie could save sa o out oCt t of oC tho the wreck and nad be- be because cause there was waa an nn us US lu that soniC somo of DC time the mOllOY c uld be returned through tho the o or of thc tho stock eu Cu City linings lining's Suit u t Time city brought suit ault a against ra l and ind his on nen for or time the mi and amid i LIme tho ho case was wat a tried before A A. A N N. Cherry n i a Democrat then oil the district bench Jay was absolved of or all blame in th the tho matter but tho ho suit dragged ragged long along a In Iii JuI July Jui 1301 ISOl the city was surprised r. r to receive a n dividend or on Its stock It This dividend amounted to of the tho Dalton Dallo 1 was caused b by tIme the sale and Lark Larla property then known as ns tile We Dalton and I Lark irk Ool Gold Silver and Lead I Milling and Mining company to tho the t Bingham Consolidated company compan The Dalton and Lark company retained f two claims to hold the comp company n to- to Kether ether but the time majority of the property p property prop prop- op- op crt erty Went M-ent to the time Consolidated dividend showed c of ot this Time The payment 4 some b business that May la had exercised sagacity In iii accepting accepting- the tile sto stock shook k as as' as ac- ac l cuilty for the time Bacon note although he he had been told when the tue security was J that it wasn't worth the lithographed litho given written writ writ- J graphed paper upon which It was receiving the dividend divi k after ten Tho The ctt city r cud was then only J out by bythe t the bank failure r The court In which tho time May n case caso was tried ordered that May surrender 1 the stock to the city on condition that r himself be dismissed i his bondsmen bon and an and that he ime be held liable no lon longer cr H for tor the tIme money mone lost In tho the Bacon bank 1 Certificate In iii since those troublous r In all the tIme years times there thero has been In tho tIme city city- r- r f fa building Joint treasurers treasurer's s sure safe at the a no certificate to c for tor ri of ot Dulton Dul Dul- 1 ton an and Lark stock with the or order er attached at- at J be absolved ab ab- abr that tho former Cornier treasurer solved from Crom liability In lieu of ot the thc surrender sur- sur f r I render er of ot this i stock tock In ill till nil of ot the annual reports of ot tho time J 4 treasurer and the tho auditor this stOck st ck i i t was referred to as an account account- against J. J J L. L May 13 city treasurer Just Juat why wh 4 1 this was held as ns an art account against May no one has been able to understand un under er- er J stand but that's the way It Jt went for t 5 years e ears f Time The special auditors u tors hired b by tho ell city s Continued on Pace lage Two 1 OLD STOCK FOUND MA MAY Y BE BE VALUABLE I Cus Continued iii Trout Pact lg S 1 for almost as much as is mh missing sin from th time the reserve chest in the time Utah National bank banle nosed around th the city treasurers treasurer's vault and stumbled across this block of oC stock They ran mu the thin thins down own through half haIr a dozen annual reports and when an nn Inquiry was started b b by The Time Republican II H G. G Ambrose said that lint It would no longer el bo be carried as asan asan asan an account against Ma May but would in future futuro be credited or 01 discredited edited to the time su suspense pense account t. t hut In is It I Il If thc he city aU auditor ever gets his annual an annual an- an nual 1 por compiled tho time Dalton antI and Lark stock will be shown n In a different differ differ- ent emit account and In h. h a i different way ay than It has been heen held hellI for em 01 six or seven se years eals What the tho elt city wants to find out now Is Is What hat is time the stock worth orth It Is figured by hy An Auditor llor Alff that If IC somo some money can cnn be bc raised on that prettily pret- pret tily engraved paper a part of the tue hole in tim city's deficit mo ma may be lie plugged from flom an unexpected quarter er If IC th the tho stock Is worth anything at all the time ott city Is willing g to take what It can get got und unc turn the money Into some of or the time fun funds that thal need replenishing Mining men say sar that Dalton and I Lark stock Isn't worth a cen cent t. t b but t th the city officials claim to have the time opinion of or attorneys to time the effect H that It In ii something at least Anyhow It was an au Interesting disCOver dis dis- COver cove covery ry SIde of vt It Reverting to time the bank failure and tho time city's connection with It It a a. good story is tol told upon a n couple of or Salt Lake Depositors On the time morn morning In that a long ong line of ot people stretched from robi the time bank door awa away u up the street a a. prominent man nina manas was as seen geen within shouting distance of or the time clo closed ed door A friend passed alon along and said So you ou Vero iero caught In iii the time bank hanl failure too were you your ou I I was ivas and I wasn't came the time re ie ply I I had an overdraft of or and I wanted wante to seo what Is iii going guillS to be Ilone done about It The other Salt Lake depositor was nervous excited when time the bank failure became public property Ho lie fretted up the tho Street and amid down and made macic the time populace believe e that he had I more mere money In tho time stricken Institution lion tion than all of the time rest t of or the depositors 1 tors tore j put u ut t together r. r The next day day tho the list of ot depositors was printed In the papers and th time nervous man was wati cr credited with just 38 S. 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