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TRUST COMPANY INVOLVED. Suit to Compell Appointment of Receiver For St. Louis Concern. St. Louis, Aug. 21-Suit for the appointment of a receiver for the Bankers Trust Company, a St. Louis concern that owns stocks in many small-town banks in the southwest, was filed in the circuit court here today.
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WANT RECEIVER FOR BANKERS TRUST CO (By Associated Press.) St. Louis, Mo., August 21-Suit for the appointment of a receiver for the Bankers' Trast Co., was filed here today. The company owns the stock of many small southwestern town banks, Vice-President Leming of the San Antonio, Uvalde & Gulf railroad brough the suit. The trust company holds the railroad's stock.
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ASKS RECEIVER FOR Let BANKERS TRUST CO. St. Louis, Aug. 21. Suit for the appointment of a receiver of the Bankers Trust company, a St. Louis concern that owns stock in many small town banks in the northwest, was filed in the circuit court here today. The suit was brought by Merrittee E. Leming, vice president of the San Antonio Uvalde and Gulf Railway, the stock of which is held by the Bankers' Trust company. The capital and surplus of the Bankers' Trust Company is $5,000,000. In the last three months its stock has dropped from $190 to $20 a share. The court is asked to order the payment of claims for the construction of 200 miles of railroad to establish the property liens on the company and to restrain the directors and officers from interfering with the management of the assets.
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RECEIVER ASKED FOR St. Louis, Mo., Aug. 21.-Suit for the appointment of a receiver for the Bankers' Trust company, a St. Louis concern that own stock in many small town banks in the northwest, was filed in the circuit court here today.
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BANKERS' TRUST SUED Court Is Asked to Name Receiver for St. Louis Concern. St. Louis, Aug. 21.Suit for the appointment of a receiver for the Bankers' Trust company, a St. Louis concern that owns stock in many small town banks in the southwest, was filed in the circuit court here today. The suit was brought by Merrit E. Leming, vice president of the San Antonio, Uvalde and Gulf railroad, the stock of which is held by the Bankers' Trust company. The capital and surplus of the Bankers' Trust company is $5,000,000. In the last three months its stock has dropped from 190 to 20 a share. The petition says that the Bankers' Trust company has deposited with the National Bank of Commerce, of St. Louis, assets worth $4,500,000 to secure a $750,000 debt. The court is asked to order the payment of claims for the construction: miles of rail-
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RECEIVER SOUGHT. WASHINGTON, D. C., Aug. 22Suit for the appointment of a receiver for the Bankers Trust Company, a St. Louis concern, that owns stock in small town banks in the Southwest, was filed in the circuit court here today.
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NEWS OF THE WORLD TEMS OF GENERAL INTEREST FRESH FROM OUR DAILY NEWSPAPER SERVICE. GATHERED OVER THE GLOBE Happenings National, Historical and Political and Personal Events Herewith Selected for Our Many Readers. Conditions in Holland are almost those of war. as The prince of Wales' national relief fund Sunday reached a total of $7,500,000. I e The duke of the Abruzi has been 1 appointed commander in chief of the Italian navy. I Toronto's three infantry regiments r Saturday sent nearly 2000 men to the < camp at Alcartier. Great Britain has decided to make 3 a loan to Belgium of 10,000,000 pounds S sterling ($50 000,000). d More than 1,000,000 bushels of Amer1 ican wheat are now on the way to Switzerland in British bottoms. li Suit for the appointment of a receiver for the Bankers' Trust company, a il St. Louis concern, has been asked. S d Cheap living is an anomaly of the present situation in Paris. Meats sold Monday at the lowest price in twenty years. t S Thirteen hundred and sixty Americans sailed for New York on the S steamer Ryndam Saturday. Another party of 1800 will sail Sunday. TO Because of a shortage of flour the o bakers in Rotterdam are making bread 0 composed of equal parts of flour and I potato. The mixture is palatable. TO President Wilson has nominated Colonel Henry P. McCain to be adI jutant general with the rank of brigadier general, vice Arjutant General George Andrews, to be retired. Intercessary services were held in virtually every church in England Saturday on behalf of the nations engagf ed in the war, with a special prayer TO for the success of the British arms. There is much criticism in financial I circles in London of the policy of the joint stock banks which have discontinued all business except the acceptance of deposits and payment on 01 checks. 1 The necessitous blind, accompanied by a guide who has paid the ordinary t TO fare, will be allowed to travel free on the London underground railroads and on one of the largest of the omnibus 1 systems. Arrangements have been virtually completed by the national board of relief to transfer to Americans in Engt land the total of all funds reposited I to the credit of the state and treasury departments. i Alva Goldsby, 19, recently shot and killed his mother-in-law, Mrs. U. G. no Myers, fatally wounded his wife and I then killed himself. The tragedy was h at Drumwright, an oil town, 50 miles a from Tulsa, Oklahoma. in The news that Secretary of State Bryan had informed the Swiss governa ment that the United States would allow a Swiss loan to be floated in h America has caused great satisfaction to in official and financial circles. N
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NEWS OF THE WORLD ITEMS OF GENERAL INTEREST FRESH FROM OUR DAILY NEWSPAPER SERVICE. GATHERED OVER THE GLOBE Happenings National, Historical and Political and Personal Events Herewith Selected for Our Many Readers. Conditions in Holland are almost those of war. The prince of Wales' national relief fund Sunday reached a total of $7,500,000. The duke of the Abruzi has been appointed commander in chief of the Italian navy. Toronto's three infantry regiments Saturday sent nearly 2000 men to the camp at Alcartier. Great Britain has decided to make a loan to Belgium of 10,000,000 pounds sterling ($50 000,000). More than 1,000,000 bushels of American wheat are now on the way to Switzerland in British bottoms. Suit for the appointment of a receiver for the Bankers' Trust company, a St. Louis concern, has been asked. Cheap living is an anomaly of the present situation in Paris. Meats sold Monday at the lowest price in twenty years. Thirteen hundred and sixty Americans sailed for New York on the steamer Ryndam Saturday. Another party of 1800 will sail Sunday. Because of a shortage of flour the bakers in Rotterdam are making bread composed of equal parts of flour and potato. The mixture is palatable. President Wilson has nominated Colonel Henry P. McCain to be adjutant general with the rank of brigadier general, vice Arjutant General George Andrews, to be retired. Intercessary services were held in virtually every church in England Saturday on behalf of the nations engaged in the war, with a special prayer for the success of the British arms. There is much criticism in financial circles in London of the policy of the joint stock banks which have discontinued all business except the acceptance of deposits and payment on checks. The necessitous blind, accompanied by a guide who has paid the ordinary fare, will be allowed to travel free on the London underground railroads and on one of the largest of the omnibus systems. Arrangements have been virtually completed by the national board of relief to transfer to Americans in England the total of all funds reposited to the credit of the state and treasury departments. Alva Goldsby, 19, recently shot and killed his mother-in-law, Mrs. U. G. Myers, fatally wounded his wife and then killed himself. The tragedy was at Drumwright, an oil town, 50 miles from Tulsa, Oklahoma. The news that Secretary of State Bryan had informed the Swiss government that the United States would allow a Swiss loan to be floated in America has caused great satisfaction in official and financial circles.
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Trust Company in Court. Assistant Attorney General Fitch has served notice upon Judge Eugene McQuillin of St. Louis that he will apply to the supreme court for a writ of prohibition against him, if be attempts to appoint a receiver for the Bankers' Trust company of St. Louis.
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TRUST ASSETS ARE LITTLE DOUBTFUL ST. LOUIS, Jan. 2.-That some of the assets listed by the Bankers Trust company of St. Louis when it went into the hands of a receiver are of doubtful value was stated today by Leon W. Quick, receiver, in his report filed with the circuit court. The Bankers Trust company owned stock in small town banks in Missouri and Arkansas. It did not transact a banking business in St. Louis. The report filed today says: "The receiver does not attempt to pass upon the validity of many of the claims against the company, neither is he prepared to attempt to estimate the value of any or all of the assets of the company. "Nearly all the bills receivable are past due, many of them are unse cured, others secured by collateral of doubtful security."
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# SAYS BANK FAILURE # BANKRUPTED HIM Dr. F. W. Gale of Marquand Files Petition With Commissioner Here. Dr. Frank W. Gale, of Marquand, a physician and surgeon, yesterday filed a voluntary petition in bankruptcy in the U. S. District Court, showing in his schedule of assets and liabilities filed that his difficulty was due to investment in stocks now worthless of the Bankers Trust Co., of St. Louis, a defunct concern formerly run by J. E. Franklin. Dr. Gale's liabilities total $16,596.46 including many claims secured by the worthless Bankers Trust Co., paper. His assets amount to $5,166.35, and he has assets in action before the court amounting to $20,238.50. The claims that are secured by the Bankers Trust Co., stocks are no better than the unsecured claims of which there are $200 worth, so far as the value of the collateral is concerned. He owes the Bank of Madison County of Fredericktown, Mo., $2200 on a promissory note at 8 per cent interest, secured by sixteen shares of the Bankers Trust and a $1000 life insurance policy. Charles Whitener, of Zion, Mo., holds a similar note for $900, W. A. Kinder, one for $800. The Farmers Bank, of Farmington, holds a note for $2000 secured by ten shares of Miners Lumber Co. stocks and fifteen of the Bankers Trust. The lumber stocks are worth $1000. Mrs. Callie Ward, of Fredericktown, holds a promissory note for $1350 secured by a deed of trust on his homestead, and the Mississippi Valley Trust Co., of St. Louis, holds a note for $2725 secured by sixty-two shares of Bankers Trust which have been sold and there is a suit pending in Circui' Court of Madison County to recover the balance on the note.