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Receiver Bank Should Be Given Chance In other columns this issue comptroller Fort Daily denying authority small printed State Comptroller minority of group to the petition the the affairs the bank Lauderdale Bank Trust Co. make the business and banking positors Protective practically every individual manding the dismissal the corporation Broward county bank and the receiver bank which might torneys, and requesting bandied about the streets audit the books of the defunct city. It to be readily stitution. such could easily State Comptroller Amos has financial many the affairs individuals and number of local the closed Fort Bank business Trust Co. and the First From all information obtainable Bank. the instance of the the Daily News the Broward positor's Protective committee Bank Trust present recently had special examination ceiver, one of the strongest bankmade with view determining ing in all Florida. The the truth the various charges stock held by men of wide allegations made, shown affairs worth many millions his letter. These charges he dollars. These men believe clared, were proved be Fort Lauderdale and believe The the them. The has Bank and Trust believes that effect liquidating the affairs of the affairs of two banks, the Fort closed bank, under the supervision derdale State Bank and the First the comptroller, and wisely National Difficulties of receiver are The fact that the Fort Lauderand Bank and Trust Co. closed comptroller, by his letter, doors cannot be charged to the confidence the receiver ceiver. The is making the and its attorneys. This matter best its opportunities been and hand, turned streets. Now that the highest the State Banking Departthority of the state, the predict from information made thorough and careful our possession that the receivof charges made, the continues to liquidate the affairs Fort Lauderdale Daily News the bank the future has opinion that the depositors the past, that before 12 months should accept the verdict and find- elapsed the depositors will ings of the state comptroller abundantly gratified and satisfied the results of its labors Daily News does not believe We know and disthe mat- follow in the will result in any good any period depression. feel that depositors, but that the other matter has gone far enough hand doing great damage, not that the receiver should be given only the depositors but to the ample opportunity to perform community. In the opinion duties.
