Max H. Parkin notes that Joseph and Sidney were fined $1,000 after the failure of the Kirtland Bank.
- Type
- Academic / Technical Report
- Source
- Max H. Parkin LDS
- Hearsay
- Secondary
- Reference
Max H. Parkin, "The Nature and Cause of Internal and External Conflict of the Mormons in Ohio Between 1830 and 1838" (M.A. Thesis; Brigham Young University, May, 1966), 221
- Scribe/Publisher
- Brigham Young University
- Audience
- Reading Public
- Transcription
Action was taken during the winter months by S. D. Rounds to bring the bank authorities to court on charges of illegal banking practices. The matter was delayed until the October term at which time a fine of one thousand dollars each was executed upon Smith and Rigdon. A final decision was deferred on their defence that the Kirtland Safety Society was not a bank but a "mutual savings association." Inasmuch as some of the bank officials left the state within the next several months, the matter was never settled.
- Source Link
- https://scholarsarchive.byu.edu/etd/5015/
- Citations in Mormonr Qnas
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