Bank Receiver To Distribute Checks At Woodruff Today WOODRUFF. Dec. 20-John C. Lanham, receiver for the First National bank, announced he would be in Woodruff tomorrow between the hours of 10 a. m. and m. for the purpose of paying depositors the bank 25 per cent dividend. This will make total 80 per cent paid within 13 months of the bank's closing. All depositors are requested to secure their checks tomorrow.
Depositors Urged To File Claims SPARTANBURG, Feb. 8.—John C. Lanham, receiver for the First National bank of Woodruff, stated here today that he wished to urge all depositors of the closed bank to file their claims immediately. Lanham said around 250 persons had approximately $4,000 on deposit in the bank at the time it closed and have not filed claims. Another dividend, he added, is to be paid this year and unless claims are filed, these depositors will not receive a dividend. The bank, he said, has already paid 80 per cent on the $80,000 on deposit at the time of the closing.