The Banks family had a ranch in the northwest corner of Colorado near the community of Lay, just west of Craig, Colorado, near the Wyoming border. In 1900 George Banks went into Craig. George later stated that he overheard three men in a stable there who were planning the murder of some ranchers. He believed that one of these men was Tom Horn. Later family tradition holds that the Banks family left their home after Horn attempted to assassinate George Banks.
From the guide to the George Banks papers, 1898-2005, (University of Wyoming. American Heritage Center.)