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Initial Payment Uniontown. Pa., Oct. 26-UP First payments to depositors of the First National Bank of Fairchance. which was closed last February. were to be made today. The initial payments of 20 per cent will total $60,000 and will be distributed among 500 depostiors it was said.
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Short News Notes NEW CASTLE, Pa., Oct. that no Jeniency will be extended motorists arrested for violation of traffic regulations in the vicinity of public schools was issued Chief of Police Horner. Horner said traffic signals of teachers and janitors the schools must observed as well those of officers. CONNELLSVILLE, Pa.. Oct. H. Whiteley. 87. Civil War veteran, died here after week's illness, only four members of the Grand Army of the Republic in Connellsville. FREDONIA. Pa., Oct. military funeral was given George Simons, 86, last member the Grand Army of the Republic here, died after years' illness. Oct. Minnie B. Probert, 55. Pittsburgh, died suddenly she was about board train the Pennstation here to to Altoona for visit with her sister. Probert was pronounced dead by Dr. E. Canada, railroad physician. Oct. payments to depositors the First National Bank of Fairchance. which closed last February, were to made today. The initial of per cent will total $60,000 and will be distributed among 500 depositors, was said. BUTLER, Pa., Oct. De Foreie. 24. who police claim, fatally stabbed his wife, Margaret, during quarrel today the Butler county jail. Police said De Fogeie stabbed the woman last night. The knife penetrated her heart. WILMERDING. Oct. Anna Smith, 63, was injured fatally fall flight of stairs in her home here. She died two hours after the accident.
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FAIRCHANCE TO PAY DIVIDEND $32,000 to Be Distributed to Between 700 and 800 Depositors of Institution First National Bank of Fuirchance will pay second dividend of ten per immediately. was announced Receiver Engh in charge the Institution, Friday morning total $32,000 will be distributed to the depositors who number between and 800. This makes total of 30 per cent of the deposits distributed by the bank and Receiver Emigh states there will be future although of course the amount and time of disbursal cannot even be guessed at this time. Depositors are requested to bring with them their "proof of claim" which will be receipted on the back at the bank and then the money will be paid over. After the receipt has been signed each depositor will recoive his or her check. The First National Bank of Fairchance closed on Friday February 1931. Its total deposits aggregated $320,000. Work of Hquidation is pro. ceeding nicely, the receiver states.