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THURSDAY, SEPTEMBER 27, 1908.
CtWi rr i ' PAGE HVi ALBUQUERQUE EVENIXO CITIZEN nnnnrnn rn THE BANKERS ASSOCIATION Of Pennsylvania by William Barret Rldgely. Comptrol ler of the Currency. Philadelphia, Ponn., September 27. Except from very rare and except- lonnl causes, such as sudden panics or runs due to false rumors, there i,to discover fraud. It Is the direct never any reasonable excuse for the Tors' business to prevent it. If they do failure of a bank or trust company. It not. they are guilty of criminal In ' , , ... . ,. ; tent or almost equally criminal neg- is almost always me disable folly and Incompetence or dishonesty and fraud, and often due i.. all of the combined. When a bank does fall, it Is the fault of the i board of directors. Many others may , be to blame, perhaps more than the Uliectors, but the final responsibility of bank management rests upon toe directors, and they are to blame, tnat Is the whole board aa a board and the members as individuals are to blame it they allow trie officers or perhaps only a few of the directors, to bo man age, the business of . the bank as to bring 'on Insolvency. It may be the president or cashier who commits In detail the acts or crimes which wreck a bank; the directors may be entire ly Ignorant of what Is being done, but It lH their fault, if tht?y allow them selves to be kept In Igaorance or to be deceived and thus permit It to be done. It is the duty of the directors of r. batik to keep themselves inform ed about Its business and so to direct tts uffalrs as to prevent Its failure. The laws under which most joint stock bauka are organized define the duties and responsibilities of directors- In practically the same terms. The National bank uct provides that "The uffalrs of each association shall be managed by not less than five di rectors." and that "each director when appointed or elected, shall take an oath that he will so far as the duty devolves on him, diligently and hon estly administer the affairs of Bitch association, and will not knowingly violate, or willingly permit to be vio lated, uny of the provisions of this title." In many cases the federal courts have declared that a director's duty is not discharged by merely electing officers of good reputation, ability and Integrity to manage a bank and then leaving the business In their hands. The board of . directors, the courts, have held. Is bound to main tain a supervision of the affairs of their association, and to have a gen eral knowledge of , the character of Its business and the manner In which it Is conducted, and to know at leaBt upon what security its larger lines of credit are given. -The United States supreme court decision most in point is the case o' Hriggs vs. Spauldlng, which was a suit brought by the receiver of the First National bank of Buffalo against the defendants as directors, for fail ure to perforin faithfully and dill gently the duties of their offices; that they had failed to call and hold meet ings appoint any commute of ex amination; require bonds or make personal examination into the con duct and management of the affairs of the nank, but allowed the execu tive officers to manage it without su pervision. In rendering its decision, the court said, Mr. Chief Justice Ful ler delivering the opinion: "Without reviewing the various de cisions on the subject, we hold that directors must exercise ordinary core andt prudence in the administration of the affairs of the bank, and that this Includes something more than officiating as figure-heads. They are entitled under the law to commit the bunking business, aa defined, to their duly authorized officers, but this does not absolve them from the duty ol reasonable supervision, nor ought they be permitted to be shielded from liability because of want of knowledge of wrong doing. If that ig norance Is the result of gross inat tention." (Brlggs vs. Spanieling, 141 U. H., 132.) hi a great many cases directors faithfully, conscientiously and effi ciently perform their duties. I believe the cases of this kind Increase in number every year. It Is becoming more and more common to find di rectors making or causing to be made thorough examinations and audits of the bank books, and checking up not only the clerks and minor officials, but also the presidents, cashiers and managing officers. There are, how ever, still too many cases where the tiiiectors content themselves with v"uB ouicers whom they believe ... w uunesi ami competent and leav- The Socorro county republicans In itiK eertlilng to them. Fortunately, ; convention assembled yesterday elect i " .I r kln1 of 0ffirer8 are ed delegates to the Lis Vegas eonven- cliouen. the resells obtained are of- 1 i inn nH a.i inloil rum it ii I ln u mill iiiuiIa ..ii .ii. r aa Koo.l as wnen the direct- 'endorsements decidedly in keeping org follow up the business more'wiih party principles and the terrl cloHidy. There is much to be said In turia! organization. The only Instruc favor of one man management of I lions given the delegates was to ad any business, and especially of a ! here to the unit rule ou all questions, bank, when you have the right man The convention expressed confidence in the riKht place. Jt is apt to be j lu the honesty and inugrity of Hon. vigorous, efficient, and successful. I H. O. Uinsuni and endorsed Delegate Muny of the groat hanks of (he world, ' Andrews. The delegates to the con es well a?, the most successful rail-! ven'lon are H. O. Bursum. A. V. Abel ways, industrial and commercial en-i ta, J. E. Torres. Domingo Baca, Mar tirprises, owe their commanding sue . vey Richards. .1 A. Torres, l.eandro cess to the genius of one strong man, Bat a, J. K. Oiiltith, Manuel S. Pino, who, by bis force and aigh character, ! Abruu Abeita. V. K Martin. iijj co.-npieieiy dominated their af- nlrs. When a board of directors finds' such a man. or when he finds himself uno chooses a board of his own to Mtpport him, it mal.es a great bank. In mi si casta evtn where a great fouiu-i is not chisen, be directors elect to olflce men of high character l Ilil SMtfii'lelll uliility. Allleriean ba:iks. ciitaiuly since. !h civil war, li:tw l.c u very s-tcc, sfi!l. The lev ' vu of ihe iiiiti-imii 1 hi 1 1 v.- jH ,. mark la tne small uuuiber of failures land the comparatively small amount lest ta depositors of the many iu Hon of dollars on deposit. The trust companies and the banks of many states have highly satisfactory and commendnble records. These records have heen largely made by banks run entirely by their officers, with little real supervision by the directors for such management has been the rule rather than the exception. The examiner and the hanking de partment may be or many not be to blame. Sometimes they are at fault In not having discovered conditions sooner. Hut the examiner can not and should not be expected to entirely prevent wrong doing In a bank ex cept bo far as fear of detection may do so. The examiner does hla duty if he discovers dishonesty and crime after It Is committed. He can do nothing until some, perhaps all. the harm is done; until the loan is made, the forged note Is In the bank, the fraudulent entry made, and the . f .V ,,arnin, ,,,,, v., ,rriPf,r rnn ...i, ant ruin a bank, unless the directors are his confederates or his dupes. BERNALILLO COUNTY DISTRICT COURT Refreshed by a half day vacation, during the time of the conventions which prevailed yesterday, the terri torial grand Jury returned to work at 3:3(1 ytuterday afternoon and the Uni ted States grand Jury resumed . its grinding this forenoon. The territor ial petit Jury, which also enjoyed a recess yesterday nMornoon because of lack of ready work,, resumed its lalors again today taking up the case of A. W. Clelamd versus Sofle I.. Alex ander. The plaintiff n case consisted In pining in evidence a deficiency Judgment secured by Hannah Harris against the defendant for Z.Um). due on and above a certain Judgment ren dered In foreclosure of a mortgage, be tween Hannah Harris and Alexander; the defendant objected to It ore tbe ground that the court was without Jurisdiction to make such a Judgment, there being no law in New Mexico authorizing it. which objection the court annulled. The plaintiff then showed the assignment of the Judg ment to Cleland and rested. The de fendant also objtcted to the assign ment on the ground that the suit nere was In the name of Cleland, and It ap pearing thai the original Judgment was in favor of Hannah Harris; that the action was not brought In the name of the real party In Interest, which objection the court overruled. The defense is based on the theory that ".he procurement of the assign ment was without consideration and hat Cleland had promised Alexander he would secure the assignment of the judgment without cost to Alexan der, and promised to turn It over. o Alexander, when procured. W. : B., Chllders represented the plaintiff and Nelll B. Field the defendant. Case Set nd Patted. , No. 67tl6 'irujillo Brothers vs. Zenon Alderete, October 6. 1 No. liSiiC Frank Fraccaroll vs. Janicg Dug Ran, September 27. -No. 6173 R. di Palma vs. J. Weln niann, October 2. .no. 71H ixmaciano tiallegoH vs. Michael Mandell et tl, Sep tember 28. .No. C959 W. S. Fullerton vs. Homer I.. Stitzer e; al. October 8. Cases on tne docket passed were Nob. 6767. 0863. 6X65, 913, 7063, 6993, tb41. United States Grand Jury Discharged i lie united states grand Jury com pleted its labors at 2:30 this after noon and was discharged. The grist :t Us several days' orK consisted of live indictments. AND DELEGATIONS The Lincoln county delegation to the Las Vegas convention are Charles Spence, Dr. T. W. Watson, George Sena, Clement Hightower, G. W. Prlch am. It will be noticed that the MeKinley county republicans endorsed Chair man H. O. Bursum, of the territorial republican central committee, for his strict adherance to the principles of the republican party and also that they appreciate the work done by Dt legate Andrews In the late congress and pledge themselves to support him for re-nomination In the coming con vention. The Valencia county republicans held their convention at Los Lunas yesterday and elected delegates to the Las Vegas convention as follows: Hon. Solomon Luna. Jacobo Chaves, Ben Bibo, Nabor Mirahal, Narctsso Pino, Jesus Sanchez, Fiederlco Sanchez, Ru perto Jartuiimo, Itoleslo Romero. Ad- olfo Sunebez, Carlos Baca, Jose Sitla- zur, J. Chav s fin tt oil rtimit nl in ii SOME GOOD THINGS TO EAT. BOILED TONGUE VEAL SOUP VEAL LOAF COTTAGE CHEESE CERVALET SAUSAGE SALAMI SAUSAGE BULK OLIVES NEW MILKER HERRING GRAPE FRUIT THE JAFFA GROCERY CO. "Good Things to Eat." REMAINS OF GEORGE T Dead Body of a Recluse Dis covered at His Hut on North First Street. DECOMPOSITION HAD SET IN Facts Point to the Theory That I the Man Fell In a Fit and Expired During Night. With the lody in such an advanced state of decomposition that the stench arising from It could be detected out In the street, the remains of George Tinimis, age about 50 years, a recluse living at 1005 North First street, were found lying on- the lloor of the hut In which he lived this morning by thn little daughter or Mrs. Kugenio Row en, who lives In the house next door to tne llmniis hut. The body was only partly dressed, and a night cap covered the, head, which Is evidence that the nun had retired, when death overtook iliin. The bodv was lying face downwards at the side of the bed, and was partly doubled up as tiHiugh the death struggles had been of a violent nature, and probably the result of a fit, to which the deceased was subject, according to his neigh bor. Tinimis was last seen alive on last Friday, when he went to the home o Mrs. M. Phelan of 917 North Kim sti-ee:, for a couple of buckets of wa ter, and had probably len dead six days when found. At the time ot get ting the water, the old man was In his usual dtmeanor, which was not very talkative. Mrs. Phelan said this morning that he had been coming there for water for a long time anil she noticed no change In him on bis visit to her well on Friday. Although Deing the owner of a number of mar velous cures, of his own concoction, he was never very well, frequently having -fliB and other spasmodic Ill nesses. However, the fits had been coming less frequently in recent years than formerly. Mrs. Phelan Bald that she had missed him the past few days but as he was in the. habit of goinj out to the mountains and staying away several days at a time, she just dis posed that his absence at this time was another of his mysterious visits to the mountains. .Mrs. .llowen, who was responsible for the discovery or the body, said that she had not seen, anybody around the hut for several days and having an intuition that all was not right there, Bent her little girl over to see what she could see. The child came tack in a few moments screaming from fright. The hut 1 a one-story. two-room adobe, sheltered on all sides by small trees. The little girl. In pass Ing around the house toward the rear, looked In the first window she came to.i The gagtly scene of the old "man lying on the floor, half dressed, gave her a terrific fright. Ie was several minutes before she could compose her self sufllclent to tell her mother what she had seen. Mrs. Bowcn notified 1'. W. Teller, cashier at the Continent, al Oil company's office, which is just across the street from tne Tlmmls hut. Mr. Telfer in turn telephoned Undertaker A. borders. Mr. Borders called up City Physician Cams 3nd together they went out to spe the dea.l bodyi They found the house closed, every door bolted and every window fastt-n ed. Entrance was Anally gained by Ur. Carn3 breaking in one of the doors, The smell of decomposed human flesh nearly knocked the doctor down. The police we-e notified and Patrolman Knapp was sent out to take charge of the premises. Wat It Foul Play? So completely mortified was the body that an examination for the pur pose of ascertaining the cause of death was considered out of the ques tlon, and .whether old man Tim in Is met death at the hatids ot persons who sought to rob 4im will probably never be known. However, the mur der theory is scouted. The general belief is that death came as a result of a fit. That Tlmmls had retired probably Friday night shortly after getting water at the Phelan home and that the fit overcame hint tn bed. Dur ing the struggles brought on by hc nt, he fell from the bed to the floo on his face and there died. The robliery theory .s supported only by the fact that Tinimis recently sold a piece of land lying next to the house he occupied, which was also his, and thatihugs might have committed the murder believing that he nail money secreted In his house. Some people of the city will reniem ber the deceased as having had a I great deal of trouble a few ytars ago with a young son, who was always : running away. Mr. Timmls inserted .several advertisements for the runa : way Irfiy at the time. This son, now In his teens, Is supposed to be with finer brothers living in Kansas. Timmit Had Plenty of Gold. With the finding ol close to $'imi i in cash in a pair of dirty trousers ; Tinimis had discarded on the night of his death, the murder theory fades I uway. Anyone murdering the old ma.i ! for money could have easily found ; this snug fortune, as the trouserr in , which it was found lay on u stool be side the corpse in plain view. A. : other thing, too, which refutes the foul play theory is the fact that the house was" found to be in perfect or iter. i-.veryining waa In f.s place, Ihe money consisted of $440 in gold $7 in I'uited States currency. H2.f( English gold and $!.:! in silver Among me oi.i mans etiei-ts was found a broadcloth suit, a pair of new i overalls that had never been worn and many pieces of clothing in good condition. A larije number of paint ings, the work of Tinimis himself were found hanging ou the walls ot Die two small rooms of his house Another tiling found among the old man's possessions, which shows tin eccentricity of the owner, was a hit mau skull, w hich adot ued, a piomiu- ur jNihiiion In bis Iron! room. Body Bun d at Fa iview. Though Ihe holy was dlsi-overe cany thib niuuiius H was anuo.si ihmii before tH" place could he suf ficiently fumigated to permit a per son entering, so strotii; was the smell of decomposed human flesh. The re mains were placed In a .metallic, cas ket by Undertaker A. Borders, and burled shortly after noon at Fairview cemetery. The house and its con tents were fomigated again this aT ternoon and a corps of men in charge or Patrolman Knapp began examin ing the contents. The trousers with the money in them were the first i things picked up. The money was' lying loose In a little canvas sack, i It will require the whole ()r totnor-1 row to make a thoroug-.i search of1 the effort of the homo nn,l until the Job' ts finished a policeman will re main In charge of 'he premises. REPUBLICANS OF SANTA FE COUNTY HOLD CONVENTION, NOMINATE COUNTY OFFICERS AND ELECT DELEGATES TO TERRITOR IAL CONVENTION. Special to The Evening Citizen. Santa re, N. M., Sept. 27. Har muny was thu watchword of the re-! publican convention of Santa Fe conn- ty held here last night at the court I house when a lull county ticket was j nominated and delegates chosen for the territorial convention. i It marked tlu. disappearance of fac- tions that have divided the party of the county for several years, and In- sures success ot the various candi-, dates at the polls this fall. X- .ul.nl I.. I. H.n ..... . I uiiiei i. aiij. ii wnn 11111 h I roil convention, although, dominated by T. B. Catron. Catron was nominated for legisla tive council; R. L. Baca, for house; 1. Sparks and J. Madrli, for county commissioners; C C. Closson, for sheriff; C. Lope., for treasurer: M. Ortiz, for assessor; A. Alarld, for pro- ! bate Judge; George Armljo, for pro-, bate clerk; John Conway for siiiierln- tendent of county schools. KORoliitlons were adopted endorsing I'he administration of the president and governor. Delegate Andrews and also liufsuni. Nothing was said about statehood. ' Belen People Return from Denver. Col. and Mrs. Wm. M. Uerger came In on the limited tills morning on ! their return from Denver, wiirre the j marriage of their daughter, Ella Mav. ! to Jose E. Chaves -took place at St.! Murk's Episcopal church on the 17th Instant. On their way home they stopped at Colcrndo Springs two clays, taking In, the JMke's 1'eak Centennial. Mr. and Mrs. Chaves loft Denver on the evening of their wedding, goliiK tast to New a ork City, intending to stop ovr In Chicago a few days. After Mr. Chaves attends to some business matters in New York they will lenve tiie early part of October for a six months' trip to Europe. Col. and Mrs. Uerger will leave for thedr homo at Belen on -the Eli.l'aso train this even ing. Can You Solve This Rebus? Ali the readers of this newspaper are undoubtedly familiar with the Interesting Kcbuses which have ap )Mared In The Ladies' Home Journal from time to time. We have had prepared for us a Rebus on similar lines, and will give throe prizes or presents of value to tho first three persons who solve Ihe Rebus correctly. Wo are sure that Oils Contest will create Interest in every home reached by the Albuquerque Evening Citizen. The only condition of the contest is that no answers must be sent in before twelve o'clock noon, October 1st, and no answers will be accepted later than twelve o'clock noon, October 15th. In writing your answer, write on one side of tho paper and do not write anything excepting your uiiHwer to tilt Rebus, your name, street and city address. Ad dress your nnswer to the; Rebus Editor, care of FIRST PRIZE $5.00 SILK UMBRELLA. SECOND PRIZE $3.50 MOSQU ETAIRE GLOVES. THIRD PRIZE $2.00 BEADED HAND BAG. IfON.B.STKN.rTOETW The Albuquerque DAY AND NIGHT SCHOOL ENTER AT ANY TIME-BEGIN NOW Bookkeeping Businebs Practice Banking Spelling New Management Fair Treatment We secure good positions ALBUQUERQUE BUSINESS COLLEGE LIUItARY UUILOINO. W. r. MHHkon, Prlnclvml hi FATAL SHOOTING ON SANTA FE CUT-OFF ONE MAN DEAD AND ANOTHER DYING AS A RESULT OF ONE REFUSING TO REMOVE HIS , HAT WHILE AT TABLE. Word reached the city last night of a shooting scrape which took place at Talben. a grading camp on the Santa Ke cut-off, the early part of the week, and will probably result In the death of two men. One, who was u timekeeper on the cut-off. Is dead, and the other, a lalxver, is shot three times and Is thought to be fatally wounded. The fight was brought on over the refusal of the labo'-er to take his hat off at the breakfast table. Tho time keeper, who was In charge of the mess ten, insisted that all huts should be removed at the table, "We are nil itenllemen here, and vou will have to U one. too." he said. ;" The laborer, who was a very rough rh urneti.r anau-nreil n-itb n vnliltuo of oaths, -I'll be If I take my hat off for vou or anv one else." With this the timekeeper politely removed the laborer's hat. laying it down on n bench neurby. Without a word, the tramp went outside the tent and came back with a gun, and, leveling Ihe weapon at the timekeep er, fired. ' The party bringing the story to the city said that ho believed that the first shot took effect, but without any show of distress the timekeeper went , to his tent and returned In a few nio- ments with a pistol. The laborer I took refuge behind a dump of fresh earth, but not until ho had lieen hit I three times hv the timekeeper. The 1 lutlnr ill,l Qfum nftr 'Ihtt uliiw.ttni? I and yesterday morning tho laborer . was not expected to live. , This Is pretty strong punishment for not living up to table etiquette, Dun-rnn a duo men Wo will make for each child that ' u.,K a ri,. !no, , nr,t 1. of ! . u- A LUTELY FREE. Bring the baby to our studio at your first convenience. MIlLETT STUDIO, 215 West Railroad Avenue. WANTED. At once, boy. about 14 to 10 years old, who desires to learn the printer's ' trade. Apply at this office. 9 Business College ' - ! . Commercial Arithmetic Shorthand Commercial Law Typewriting Penmanship Manifolding Business English Correspondence Added Equipment Competent Instructor! Reasonable Raiet for our graduates; address Alhuqucrquo, Nmw Menlco t Exclusive Designs, Finest Workmanship, Durable Fin ishes, Beautiful Woods for BED ROOMS, DINING ROOMS, PARLORS, HALLS, LIBRARIES and DENS AT REASONABLE PRICES. OUR RUG DEPARTMENT la revelation to thos who visit It, becauta of the great variety of Domestic Ruga from the bett loom. A LBER T FA BER 308-310 Railroad Avenue The Beer That Makes Milwaukee Jealous PILSENER BEER Southwestern Brewery and Ice Company Colo. Phone Blk 93 Household Goods OF EVERY DESCRIPTION FURNITURE, STOVES AND BORRADAILE & i oooocoooaoo FRENCH BAKERY 213 WEST RAILROAD AVE. ' . STEVENS & BOWYER, Proprietors 2 UUTTKK NUT FINK LINE OK 1JWICAD CAKES Better Than Home-Made. Always on Hand. All City and Outside 0000K0000000K00 000-000000-0ei UUIIVUIIIbllUU - The telephone makes the dutlet lighter, the caret let, and the worries fewer. YOU NEED A TELEPHONE IN VOUR HOMI THE COLORADO TELEPHONE CO. Flaming's Grocery and Cafe REGULAR DINNER 25 CENTS Short Orders and Lunches Served from 6 a. m. to 12 Midnight Irish Stew and Chili Concarne Always Ready to Serve Topham's Celebrated Soda Water On Ice 31 1 SOUTH FIRST STREET La Vela dooming Mouse in H. O'REILLY & CO. LEADING Mail Orders Filled ROTH PHONES .... Staab Building Auto. Phone 292 CROCKERY RANGES GO,, 117 Gold Avenue I ... Don't Dltputo with m Woman, j Especially, If ebe tells you to order ' ack of ? EMPRESS FLOUR. ' J Make no excuse, (It you ebouid get the order), that you could flint It, for every flrt-cl croet bridles KMHRISSS. .You trill lwr find good bread, good blaoulU, goeC pastry and most Important of aJV good cheer to greet you when j4 couio homo for your dinner. Try EMPRESS FLOUR It tho EmprtM el all othera. ' ' 1 M. BERGER, ' A Wholesale Agent. Albuquerque, N. M Orders Promptly Attended to uUIIIIUII - dbUUIIIY The telephone preserves your health, prolongt your life and protects your home. oeoeoeoeooe Connection, 113 West Ltad Avenue DRUGGISTS- p Same Day Received. ALBUQUERQUE, N. M. i