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H DECISION IS WITHHELD TON IN BANK CASE if offer Institution $1,000,000 Dec. argu Reopens, of opens, Says Parker. hearing the Court Supreme of the for the Kingston, Justice N. Betts, 10-day of on the application permanent receiver The decision office of for New York the Cityarguments principal by made, for the Bank, and against William F. Mac and key, Attorney special General B. who has been Alton Parker, retained ex-Judge a of and by the depositors. of close to-day. which during the inif opfooting stitution was offered. insisted nortunity of the the best interests and At the could sought be placed and secure Mr. community. Br Mackey as well dedepositors, up wound affairs be Betts unable Justice the into subject that that of the announced the bank's that desired he would before WednesComFire Insurance was York, day go of next case week of the Excelsig V. Daly of New in which pro- be In the which Eugene and have been Herrick pany in temporary voluntary dissolution of and exCharles Attorney appointed weedings for a stockholders, for by the company. General. be Daly submitted the and dissolving Justice zun by D. the Cady Dolson, for later the vacating Mr. under this argument principal half hours. morning, with him were Associated made the two and Gifford and Mr. Parker Winslow that the Mr. Parker which occupied James M. was Bank preHamilton the when in bank reopened. The and Francis show not ready only to pay its six branches Manhattan 000.000 had these, nared but The Bronx bank and had eighteen of deposit of $4,250,000 depositors of the of and for business. no of consents balance $750,000 of city and the state stined to not conby and New York of for was plan The ment resumption 15 the on cent per doors opening the and in 15 six per cent three months. months. the one 60 cent per from within balance of when White, Mr. Betts Parker Justice in the of this plan success consider adopted whose Ulster County Savings Institution. the court the from across street This bank and ago. prebank building where the is argument a number of years A the plan bank's house said. had receiver closed was application Schoonmaker Betts was then A temporars he the late Judge office Justice the present for plan. Supreme hanking by action pared by in whose was similar blazed to the and way through County this judge studying counsel. Court law, justice in the future the Ulster courageous the was most Savings Institution as Mr. then, was now. Parker County. trustee in Uster of that bank READ LONG MANY AFFIDAVITS Mr. by were read long Many affidavits M. who of was them that Gifford, James with four banks secure to Bank immefurnish Hamilton its on being dately resume business. of the made bank "The general stated: stated Among he had $1,000,000 authorized the to bank baracter the bank small to but If the 1086. on November unlisted loans 2 is would good probably it is be impossible how had on receiver the business, compelled and there to Mr. liquidate Parker hand, asked and Mr. White Parker in the greatest amount withdrawn first three would months the $1,000,000 plus money estimate replied. the $506,000. that could be $1,118,000. be be The would than this. more first from dent, Octo21 to October All by on other hand banks of Frederick which been the An affidavit reviewed the 23, available cash ically had all criti- out ber bank case of collected Ives stated made crawn. In bills could be made, Mr. York city governed banks amount deposits of standing cisms that rule had been in all New to provided five it deposits. all were loans general would be of their to the extent With few either except persons O. back depositors the by collateral. usual loans financial A. David such of sound Thomas Sullivan, F. George by Ives Mr. defended for more dons, positors or E R Martin Thomas Heinze Fink. and borrower others had of deposited collateral loans. gustus Loans Heinze, Brown. Otto than the the amount of of each the branch Affidavits that than more were Elimcovered the Mr. inating loans. Heinze the of bills most that Parker, for were home deposit paper, regular in Manbusinesse not and notes pay hattan as until bank balances to He the just prior reviewed financial 24. and on the of closing verious October in said was osing not that such crisis of had that such which the he added, United a out hand States helping Dutting of It York the was the New because one of out such existence of in FINANCIAL reply, Mackey Deputy Attorney of Nine the october reviewed had state and one banks for reor he plans had three which the Banks, had and were banks these the had been given notice but oral only plans. had banks, 13 was to plan down November that been given notice Notice mitted. was m. which be nvember of atendent State November complied by with. the Attorney had his Continue much Mackey Attorney General the had on laid been this but of not Banks had for tenantment said this that Clark report time after six days transa show all loans of $800.00 which Willto Condent from the to Attorney General iams unwise stated 10 cent of per in cash excess without than not less of of the for plan certained Mr. 000,000. the but tion eviWilliamswas it did fact that approval MONEY OCLAY