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PEOPLES BANK RECEIVERS' REPORT Statement Collections and Disbursements Filed With Court Charleston, Jan hand liquidation the State Bank of South Carolina December totalled $956,094, of which was ered by the said report filed today District Court here. The government liens were for balance of $740,555 due on war loan deposit and $44,756 for postaccount The report listed bills payable when bank closed December 31, 1931, on which, said, has been colpaid, leaving balance Upon war loan deposit totalling $1,098,991, leaving the balance. When receivers took charge of the 4-branch bank, they ported, 'found aggregating Today the receivers have 8,289 notes agtotal of 3,635 been all during the Of the 8,289 notes remaining, notes, have been placed attorney's hands for To begin liquidation of the bank's Asso. the receivfound necessary "to reconand locate large number of the receivables caused by numerous assignments and pledges made in the bank's effort finance itself during the last two months op erated. "The receivers,' the report said, stock "have had the cooperation the New National Credit Association, the federal bank the treasury partment and other and the liquidation is satisfactorily conditions perried Under orders of the the claims filed more 449,472. These included general creditors totalling $8,965.ican One of the depositors and Corn creditors of the banks, the report said, have been filed for of the amount deposits time the bank closed were placed at Bank examiners few months after the bank closed estimated would pay depositors per cent of their deposits. After expiration on October 15 of the for filing deposiclaims, claims have been filed. These, report said the being held action of the court William Columbia, Robert Gage and McDill Chester They reported that for economy ficiency branches bank had been consolidated much possible The liquidation. they now continuing through the agencies: Allendale Charleston, Edgefield Florence Green Manning and Seneca Collection lia bility dollar capital of the bank hands state courts receiver. Joseph Columbia Nettles Columbia this week he had mately arranged for of approximately proceeding against the for the