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STATEMENT OF OLD NATIONAL IS RELEASED Receiver's Figures Show Remaining Uncollected Assets of $2.443.128.26 BANK AFFAIRS ACCOUNTED Sum of $80.000 Acquired In $300.000 Assessed Against Stockholders Statement of the condition of the National City bank as of Sept. the receivership of H. and covering a period of months, released Monday by receiver. This is the first comprehensive account of affairs the defunct bank since the fed eral epartment charge fol. lowing the closing of the bank on April The statement shows remaining uncollected assets $2,443,128 with total of all liabilities of $1,953,252.39 and cash hand of $272,332.91. The sets of the bank coming into the hands the when he sumed charge Bills receivable, consisting of notes, when the bank closed were $1,823,838.16 This item on Sept. 30, was $1,378,342.86. representing reduction of approximately $445,000. Part of this is represented cash on hand and part in the duction of loans from other banks which notes were posted collateral securing the loans. Assets other than bills receivable and cash on hand when the bank closed were The present statement shows this The item stocks, bonds, furniture and The securities pledg with other banks to secure loans, which pledged were sold by the holding them pay the Old National's An the receiver charged by bank examiners but declared of highly doubtful listed "additional acquired This up the audit the closing the At is carried at and includes and not carried the the bank that small part had collected the of of realizing on much $80,000 C01 TED the that of the $300,000 only has fact that DEPT Page