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DEPOSTORS OF PLANTERS BANK NAME RECEIVER H. C. Wannamaker to Wind Up Affairs OFFICIALS CLEARED Bank Examiner Makes A. Wright to Assist Receiver Judge Sease Signs Order Permitting Dividends As Collections Permit The of the depositors and creditors of the Planters Bank. called for Wednesday morn Ing at 11 o'clock to elect celver to liquidate the affairs of the bank. which closed its doors November 1929, got under way about the quarters bank, with Albert Fant. State Bank Examiner, Upon motion of Dr. D. Donald Salley, the meeting transferred the Bluebird Theatre, because of the large number of depositors and present, that those may able to follow The progress meeting adjourned Mr. K. Dukes, of this secretary of the meeting. In addition Mr Fant. AssistBank Calhoun and were present Mr Fant read the ture regarding the liquidation of closed banks, passed in 1929 and stated that was the first ing of depositors ever called un the to the people present that and four of his sistants had made and complete and audit the Planters Bank and that glad say that the "skirts every officer and the bank was clean, and that there was no shortage of any kind and that there had bee no violawas that Mr. Wright would be by him his Mr Wannamaker was elected without opposition. About one depositors in person meeting and more than 1,500 by appeared that more proxy 95 cent the total dethan per posits of the bank was represent- In the afternoon Judge Thomas signed an order authorizing the to pay dividend twenty per soon as funds available and tinue the payment of dividends may be possible colMessrs. Wolfe and E. Zeigler (were the in the matter Mr. H. C. Wannamaker stated [Continued on Page Seven.
