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IMPORTANT SUSPENSION.

The public mind in Gold Hill was thrown into a state of startling excitement this morning by the announcement that H. H. Flagg, the well-known banker and stock-broker had suspended business. The immediate cause was that he was short on Savage about six hundred shares, and also short on Gould & Curry and some other mining stocks. As the news became more and more public, men gathered in knots and crowds along the sidewalks earnestly discussing the subject, and wistfully regarding the closed iron doors of Flagg's place of business. A

Mass Meeting

Was the result, called together about noon at Miners' Union Hall. The meeting was called to order and Judge Hall chosen. Chairman and S. W. Chubbuck Secretary. All not interested as creditors retired, and the meeting proceeded to business. After considerable discussion and the passage of sundry resolutions as to the proper course to pursue, there was a

Committee Appointed,

Consisting of W. H. Hall, R. J. Butler, H. Huguet, S. W. Chubbuck, and W. Dunlap. This committee are to examine fully into the matter of this suspension, investigate the books and account, and act for the creditors, and to them all creditors are to present their claims. The committee will present a report at as early a date as possible, after which it is deemed best for the creditors to appoint Trustees to take full charge of the business and estates involved, the object being to keep it out of bankruptcy if posssible, and so make the worst out of it.

The Rise in Savage,

So sudden and unexpected is what caused the suspension. Mr. Flagg was not able to fill his orders, therefore was forced to suspend. Having enjoyed the full confidence of everybody including largely the working classes, and regarded as very substantial as a business man, and of perfect integrity as a good, reliable man and citizen, no suspension of the kind in this county could possibly have created such a deep-felt sensation. The numerous friends of Mr. Flagg earnestly sympathize with him in his misfortune and freely hope that he will come out all right yet.