People's Pilot, Volume 5, Number 1, Rensselaer, Jasper County, 27 June 1895 — Rained by Mining Deals. [ARTICLE]

Rained by Mining Deals.

Idaho Springs, Col., June 26.—George B. McClelland has resigned as cashier and director of the First national bank and has surrendered to his bondsmen all his property. His brother has also deposited collateral sufficient to protect the bank. Mr. McClelland had borrowed money largely to carry on mining deals in which he had paid options to the amount of 1100,000.