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Macy State Bank Claims
The following decisions have been entered on the contested claims against the State Bank Guaranty Fund on which hearings were had a few weeks ago in district court before Judge Mark J. Ryan: The claims of Gold & Co: of Lincoln, City National Bank of Lincoln, Walter Crowell and V. E. Crowell, both of Havelock, based on cashier's checks in the sum of $50.00 each, were disallowed. All of these cashier's checks were issued to J. E. Elliot for the purpose of defraying the expenses of a trip to Pittsburgh, which Elliot testified was in the interests of the bank. No money however, or anything else of value was deposited in the bank at the time of the issuance of the checks, and therefore the court held that these checks were not protected by the guaranty fund.
The claim of J E. Moss, as ad ministrator of the estate of Jacob Parker, deceased, in the sum of $965.00 was disallowed for the reason that the evidence showed that Mr Moss originally deposited the funds in his personal ac count and used them for personal business and at the time he created the administrator ac count nothing went into the bank but worthless and incollectible notes by means of which he built up a credit in his personal account and checked the amount due the estate to the administrator account. The claim of the First National Bank of Decatur, in the sum of $4,961.91, was allowed in the sum of $2,251 91 as against the Guaranty Fund; the balance of $2,710.00 was disallowed for the reason that the evidence showed that $2,210.00 went directly to pay a note of E. Moss to the Decatur bank: that he received $200 in cash and credit in his individual account with the Decatur bank for the balance of $300.00. The claim of David A. Farrens in the sum of $2,536 11 was disallowed. The claim was based on an Indian deal. Farrens had a note and second mortgage on 80 acres of land owned by Lydia M. Johnson which he transferred to the bank and received credit for $5,000 upon the books of the bank and had withdrawn all but the amount constituting the claim.
The claim of J. S. Farrens in the sum of $1,450.00 was allowed against the Guaranty Fund. This was based upon a check of David A. Farrens for corn sold him by J.S. Farrens. The claim of Mrs. James M. Lambert in the sum of $5,000 was allowed against the Guaranty Fund. Mrs. Limbert borrowed this amount at the Herman State Bank and deposited it in the Macy State Bank. The receiver contended that this was a loan, but there was no evidence to support this theory and as the bank received the cash the court allowed the claim in full. The claim of the Omaha Na tional Bank in the sum of $2,500.00 was allowed in the sum of $500.00 as against the Guar. anty Fund, and the balance of $2,000.00 was disallowed, but allowed as a general claim. This claim represented the balance of a loan procured by J. E. Moss and Mary M. Moss in the sum of $6,250.00 from the Omaha National Bank, and the certificates were delivered to the bank as collateral security to the loan, except the certificate of $500 which represented a cash transaction.
The claims of Union State Bank of Kansas City, $250 John Diedrickson of Norfolk, $500 00; E. H. Wilson of Omaha, $500.00; E. E. Bruce & Co. of Omaha, $1,000.00; R.C. McIntosh of Kansas City, $500.00, and Graham Ice Cream Company of Omaha, $1,000 were heard to gether as for the most part they grew out of the same transac tion. Robert Maybier and C.E Lambert, two oil operators from Oklahoma, gave their note to the Macy bank in the sum of $4,000 00 and received that amount in certificates of deposit of the Macy State Bank. They negoti ated these certificates and they finally were obtained by the claimants. The claims were all disallowed for the reason that no money or its equivalent went into the bank at the time of the issuance of the certificates. C. E. Lambert formerly lived at Decatur and was well known to J. E. Moss. Robert Maybeir was a total stranger, but repre sented himself as a wealthy oil operator. The testimony developed some interesting facts with reference to Maybier's career, and also that some of the claimants had been endeavoring to locate him for other dealings than the bank certificates, but he seemed to have very successfully concealed his whereabouts. The claim of Metropolitan Savings Bank & Trust Co. of Pittsburgh in the sum of $1,000.00 was disallowed. The claim was based upon a balance of $5,250.00 worth of certificates of deposit which were issued without any deposit and sold to the Pitts burgh bank by J. E Elliot. The claim of Lillie D. Eagleton iu the sum of $149 84 was allow. ed against the Guaranty Fund. This balance has been checked out by J E. Elliot and the checks honored on the strength of a purported telegram sent the bank signed by Mrs. Eagleton. The telegram was sent by Elliot, who claimed that Mrs. Eagleton authorized him to send it. Mrs. Eagleton denied this and the court chose to accept her testi mony rather than that of Elliot.
Conkey' Y-O Chicken Remedy W. J. Bumpus.
W. G. Meier and wife left Sunday morning for Fairfax, Mo, in the Oscar Osborne Buick which they delivered to Mr. Osborne. After visiting a day they returned in their Ford, which Oscar had taken with him last fall while his Buick was being repaired.
H. D Keafe went to Sioux City the latter part of last week to consult a specialist in regard to an ailment in the bones of his head and an immediate operation was recommended and perform ed for removing the infection. He remained in the hospital this week and Mrs. Keefe has been with him. It is thought that an other operation will be necessary condition to endure it Walthill Times
Misses Helen McHirron® and Cornelia Nye bussed it to Signx City Monday.
Frank F. Haase and Jas. M Bannon of Emerson, were Pen der business visitors Monday
John G. Meyer, Clarence Meyer and Billy Newman left Monday morning for Chicago to spend a few days. From there they went to Canada where they will spend about ten days.
Walter Sandquist was over from Walthill Wednesday and placed his announcement as a candidate for nomination of county clerk on the republican ticket at the primary election August 10th.
Mike Predmestky drove to Sioux City Tuesday morning to meet Miss Sophia Rosenbloom of St. Paul, Minn, who came for a visit in the Predmestky home, she being Mrs Predmestky's sister. Mike was accompanied by Mrs. Ella Daily and Floyd and Chas. Herron as far as Sioux City and from there they went to Alton. la to visit in the home of Mrs. Harry VanderLinden.
Fleas flee when you use flea Dip. Get it at Wachter's Hdw.
Atty. T. S. Becker and wife and daughter Louise spent Friday and Saturday of last week in Omaha.
