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Burgettstown Bank Receiver Sues Bell and Five Directors Various Acts of Negligence in Institution's Management Charged. Benjamin L. receiver of the Burgettstown National Bank of Burgettstown, Washington county. yesterday filed an equity suit in the District Court against United States John Bell, convicted coal operator who and five others and banker. served with Mr. Bell of it closed in the bank before orders of the on the collapse of of following currency They are charged the Bell interests. of negligence in with various acts of the affairs of the the management bank. are T. P. The other defendants E. McLee R. and Thomas C. G. Pate filed for the The suit was Linn. Alexander Cooper by Attorhey is with of who Bloom & Bloom of law firm of the as Mr. Bell of Mr. board of directors of the of the bank. bill of comin the The the losses suffered asks that of the bank in consequence by the loans and action of the through the vances and determined board be that decree be the court. entered by adjudging the, defendants separately liable to pay jointly and the full amount of the the petitioner together with the alleged terest. Says Losses $200,000. in the bill involve The losses is alleged that directors various the board of bonds in times purchased to amounts coal comand more Bell held panies that John and on numerous trolling in. of directors occasions the they had purterchanged the bonds of other coal for Bell was interest that Mr. asks in the bill receiver be issued that to answer the asks that bill. Mr. account and money of the made of all the bank was gettstown violation of the duties gently and in by or of the defendants of the defenunder the direction bonds mentioned in the dants in the bill. various loans, the In citing the in the bill that the since 1920 been defendants of various acts of guilty of the affairs of in the management the bank.
