22fb90a2None
Click image to open full size in new tab
FINAL DIVIDEND Notice is hereby given that the checks in payment of the final dividend of the American National Bank, Green City, Mo., are now ready for distribution. All persons having claims filed against said bank will please present their receiver's certificates and receive their checks at once as the checks will not be held here for deliver after the close of this month. E. T. MARTIN, Receiver.
Click image to open full size in new tab
REED JEFFERCITY; LAW TRIED AT CHILLILAST TUESDAY Scores Hoover Judgment Rendered in FedMoratorium and eral Court in Favor of For Manchurian Policies. Morrison vs. Hester Aubrey. Jefferson City, Nov. sweeping Democratic victory in next year's elections was predicted tonight by exJames A. Reed in an interSenator view here. 1932 elections will put Missouri "The back in the Democratic column," Reed said. He declined, however, to comment on the possibility of his candidacy for the Democratic presidential nomination next year, or candidates he would support in Missouri. back from hunting trip in Just Canada, the fiery ex-Senator said "never in better health in my life." Dry Law "An Old Sore." Asked whether he had any comment on prohibition, he replied "You know what think about prohibition. don't want to talk about that. I've written a book about it. It's an old sore." He characterized as "an act of superlative folly" President Hoover's action in calling on the League of Nations to settle the controversy and "embroiling the United States in conflict that is certain to win for this country the enmity of one or the other of those nations." "When man from the White House undertakes to make bargains which may in the end drag us into serious situation or may even drag us into foreign wars, he thinks more of other countries than he does of his own," Reed said. Moratorium Plan. United States facing deficit, American taxpayers bled white, 6 million or million people walking the streets hunting for work, industries closed. banks closing almost hourly, President Hoover proposes to France. the most prosperous nation in the world, and to England, always our commercial that we will carry German reparations in the sum of 270 million dollars for their benefit. "In the end the United States is the only country that will have to pay the interest on money we lend to France and England, and they will pay nothing. We, in effect, carry their obligations and the obligation of Germany to pay the 270 million dollars." very unusual law suit was held in the Federal court at Chillicothe Tuesbefore Judge Otis, the contestants day being Allen D. Morrison vs. Alice Roberts, with Hester Aubrey filing an intervening petition. as we can get the facts they As near were as follows: At the time of the closing of the American National Bank of Green City, Mrs. Alice Roberts was the owner of ten shares of stock in that bank. The receiver in charge, Martin, brought suit against Mrs. Roberts for her assessment, as stockholder, in the sum of $1000.00. After deducting some credits, judgment was rendered against Mrs. Roberts at Chillicothe in the Federal court on June 1928, in the sum of $846.80. On June 1st, 1927, immediately after having received notice of the assessment of $1000.00, Mrs. Roberts undertook to assign to her daughter, Hester Aubrey, all her property, notes, bonds, cash, etc. Among the notes was one on Hill in the sum of $1850.00, secured by deed of trust on property in Green City. This property carried insurance in the sum of $1300.00 with Mrs. Roberts as mortgagee, this note having been given in 1922 and the insurance was renewed each year with Mrs. Roberts as mortgagee. On December 1929, the receiver of the bank sold at auction the notes, assets, judgments, etc., to the highest bidder. At that sale Allen D. Morrison purchased these and among them this judgment. We learn that Mr. Morrison tried to sell this judgment to Mrs. Roberts, her daughter, for $50.00, he believing that time that that was fair price and settlement. To this offer no response was given and then he began to investigate as to what property Mrs. Roberts owned. Last January the house, secured by this note and deed of trust, was destroyed by fire, and being given information that the insurance was payable to Mrs. Roberts as mortgagee, Mr. Morrison immediately filed garnishment proceedings against the insurance company to withhold payment to Mrs. Roberts until it was determined if his judgment was collectible. The insurance company last April acknowledged the loss and paid into Federal court the amount of the insurance, $1300.00. The judgment rendered was for the entire amount, $846.80, with interest from June 6, 1928, and also all costs. Morrison was represented by L. Atherton, of Milan, and Judge Arch Davis, of Chillicothe. W. Lintner, of Milan, and Scott J. Miller, of Chillicothe, represented Mrs. Aubrey.