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ABBEVILLE BANK RECEIVER NAMED Former President Of Defunct Institution Removed-New Receiver Appointed An order removing Dr Thompson, Sr. from receivership of the defunct Peoples Savings bank. of Abbeville, and appointing W M Barnwell as receiver has been signed by Judge E. C Dennis and has been forwarded to Abbeville for recording. 11 was learned here yesterday The petition to have Doctor Thompson removed as receiver for the bank was made last month by committee of depositors. the request being based on the statement that Doctor Thompson was formerly president of the bank and was therefore not disinterested party to have charge of winding up atfairs of the assets of the bank totaling approximately $200,000 will be as quickly as possible and the dividend payment be made to shortly it expected All preferred claims have been paid stockholders judged liable for $25,000 the amount of capital of the bank and with some $200,000 assets remaining depositors ultimately receive 50 cents on the attorneys for the depositors. the firm Price and Poag this Deposits totaled about $275,000 when the bank was closed in 1926 Sevstockholders already paid in their pro rata share of judgment by default in favor of depositors some weeks ago.