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ACTION Receiver for Monroe National Seen As Probable By Comptroller decision with respect to the future the Monroe Bank, which closed its doors last Monday. has as yet been reached Treasury officials, although altogether probable that receiver for the institution will be appointed, Gough, deputy comptroller of the currency said today. Some delay will be occasioned in the search for capable receiver in the is likesuch action is to be taken. Mr. Gough said his office would be unable to determine what course to until "we have had chance go in and around. It is the usual practice, he added, appoint receiver and follow him up with national bank examiner with view to determining whether the business should be quidated. re-opened, or its assets transferred to another institution formed the purpose of receiving administering them. The pessimistic attitude of the Treasury. however. might seen in the statement of one official who of said: Once bank and its assets given cool off they don't look as formidable as
