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J. McCorkle Is Named To Job Of Bank's Receiver Salisbury, Feb. (AP) M. McCorkle, of Salisbury, has been appointed receiver for the CumBerland National bank, Fayetteville, and will take the bank tomorrow. McCorkle, formerly was cashier of the North Carolina Bank and Trust company's branch here, but recently became head the trust of the First National bank, of Salisbury. The Indiana bureau of criminal has recorded 73,510 fingerprints.
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MILLION FUNDS LOANED TO March more dollars author ized for North Carolina tions by the in January. The list: Cumberland National bank Fayetteville (receiver), Gaston Trust Gastonia, $7,000; United and Trust of company, boro, Bank of Mocksville, $9,000 and Bank Mount Airy, Mount $60,000; the Bank of Mount Mount Gilead, $6,000; Old Fort, (receiver) Old $8,500; Mechanics Savings (receiver) Raleigh, $23,000; Peoples Bank, the First bank Shelby, Citizens (receiver), Spring Hope, Farmers and Merchants Stanley $5,175; Peoples Loan Savings bank, Statesville, 000; Atlantic Joint Stock bank, Raleigh, the Carolina Joint Stock bank Durham, $206,000; High Perpetual Building and Loan sociation, High Point, $6,444. loan of previously thorized for the Bank of Hunters. ville, Huntersville, was cancelled by the bank.
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Institutions Get More Than A Million From Mar aggregating more than one million dollars authorized for North Carolina institutions the Reconstruction Finance Corporation The list: Cumberland National Bank of Fayetteville (receiver). Gaston Loan Trust Gas$7,000; United Bank Trust Company Bank Davie, Mocksville, $9,000 Bank Mt. Mt. Airy, Bank Mount Gilead, Mount Gilead, $6,000; Bank Old Fort Old $8,500; Mechanics Savings Bank (receiver) Raleigh, the Peoples Bank, Roxboro, $25,000; the First National Bank of Shelby, Citizens Bank Spring Hope, $12,000; Farmers and Merchants Bank. Stanley, Peoples Loan and Savings Bank. ville, $15,000; Atlantic Joint Stock Land Raleigh, $400,000; the North Carolina Joint Land Bank of $206,000; High Point Perpetual and Loan Association, High Point, loan authorfor Bank of was cancelled by the bank.
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Amount For January Something Over One Million Dollars Washington, March (AP) Loans aggregating more than one million dollars North Carolina institutions by Reconstruction Finance Corporation January. The Cumberland National Bank Fayetteville (receiver), Gaston Trust $7,000; United Bank Company Greensboro, Bank Davie, $9,000 $10,000; Bank Mount Airy, Mount Airy, $60,000; Bank Mount Gilead, Mount Gilead, $6,000; Bank Fort (receiver), Old Fort, $8,500; Mechanics Savings Bank (receiver), Raleigh, The People's Bank, Roxboro, $25,000; The First National Bank Shelby, Shelby, $50,000; Citizens Bank (reSpring Hope, Farm and Bank, Stanley, People's Loan Savings Bank, Statesville, $15,000; Atlantic Joint Land Bank. $400,000: North Carolina Stock Land Bank Durham, High Point Building Association, High Point, loan previously author. Bank of Huntersville, Huntersville, was cancelled by the bank.
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Christmas 'Opportunities' Appeal Keenly This Brassfield Follows Pou In Declining Commercial National Receivership Following the action former Solicitor clining the mercial National Bank, Jo. Bailey last night he had suggested the Comptroller Currency that he point Luther Lentz. Mr. Lentz, has been one the assistants the present receivshortly after the failure the the which was declinMr. Brassfield and James Pou. of Senator Bailey and chairman the Wake County Executive Committee, position in, which succeeds Brassfield. declining the position that the duties imposed upon would interfere greatly with law practice,' feel that cannot afford neglect practice to this extent," Mr. Lentz cashier the Cum berland Bank Fayetteuntil its failure January 1932 and thereafter employed by Mr. Burrowes, who formerly another bank in Fayetteville. He has ceived of for the position here, but twice passed in favor Raleigh torneys, have been prominent local politics.