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Qualifies As Bank Receiver In York (By Herald Correspondent) York, Oct. B. Lowry, elected receiver for the defunct Loan Savings bank at depositors' meeting here Monday, has qualified for the work filing by bond of $25,000 with the clerk the court here. The order ing Mr. Lowry receiver was by Judge W. H. Grimball, Winnsboro, who also fixed the bond.
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ROCK HILL BANK OPEN IN YORK Central Union Announces Definite Plans. Special The State. Oct. decision has by the Central South open branch bank York, made today, plans that effect are York has bank when the Loan Savbank closed its doors, but Central Union. through its Rock Hill branch, has been tempolocated in the Southern Public Utilities building. exact the new York has not finally but stated today that the institution will occupy the quarters as did the Loan Savings building by Mrs. McNeel, but that plans contemplate modeling and enlarging that building before occupied the new bank and the banking busicontinue in the utilities comClarence Shillinglaw, who the employ the Loan Savings will be by the new bank while siderable clerical to York from the Rock Hill The Central Union bank is generalregarded the strongest institution has capital of $633,000 and plus Rock Due West and Greenwood. Roddey, chairman the board president. George Beach president and cashier the Rock Hill branch.
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BANK RECEIVER HAS STOCK SALE Stock In Manufacturing Enterprises Sold At York (By Herald Correspondent) York, Feb. 27-A large amount of stock in various North Carolina manufacturing enterprises was sold here yesterday by E. B. Lowry, receiver for the Loan & Savings bank. The stock, given as security for loans approximating $37,000 from the defunct bank, brought about $5,000. The purchasers were W. H. Mauldin, of Charlotte, and W. G. Finley, attorney, of York. The sales were as follows: 200 shares in Grace cotton mills, Rutherfordton, bought by W. G. Finley, attorney, at 50 cents a share: 15 shares in Ranlo Manufacturing company, Gastonia, bought by W H. Mauldin at $40.50 a share; 10 shares Ranlo Manufacturing company, bought by W. H. Mauldin at $35.50 a share: 15 shares in A. M. Smyre Manufacturing company, bought by W. H. Meuldin at $55.50 a share: also 10 shares in same concern bought by W H. Mauldin at $57 share: 80 shares in Albion Grocery company, Gastonia, bought in lump by W. G. Finley, attorney, for $20; 970 shares in Textiles, Inc., common bought by W. G. Finley, attorney. at 50 cents a share: 191 shares in Textiles, B preferred, bought by W. G. Finley, attorney, at $10 a share; 50 shares in Arkray mills, Gastonia, bought by W. G. Finley at $1 share: 50 shares in Myr. tle mills, Gastonia, bought by W G. Finley at $4 a share: 50 shares in Gray Manufacturing company, Gastonia, bought by W. G. Finley at $10 share.
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NEWS OF YORK COUNTY TOLD TABLOID York, March Policeman George Sparrow and Constable Lee Robertson last Friday afternoon seized large copper and 1,000 gallons of mash in the New Zion section of the counThere no arrest made. An session of the York County Council of Farm Women took place at the county court house Saturday with delegation of women from every section of the county in attendance. Mrs. Marie Walker presided and topics of interest to farm women were discussed. The address of welcome delivered by George H. Estes, commander of the local post of the American Legion, acting for MayMorton, who was unable or to attend. Charged with receiving stolen Will Archie and James goods, Brown, Chester county negroes, have been committed to the York jail by United States Comcounty missioner Carl H. Hart. It is althat the property the neleged had was stolen from groes in transit, which made freight car the offense Federal one. A large amount of stock in cotlocated in Gaston county, which had been pledged as collateral to the defunct Loan and Savings bank of York for loan of was sold before the court house door here Friday morning 11 by E. Lowry, receiver for the bank. The bidding not lively and the total very sold brought only about most of it being bid in by for the bank Finley, attorney receiver. The remainder purchased by Mauldin of CharThe Charlotte bidder paid about $50 per share for the stock he acquired.
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Mack Ferguson Gets Acquittal Of Charge York, Dec Mack Ferguformer president the defunct Loan and Savings bank York, today been acquitted second time of charges resulting from bank's failure September, but minutes deliberation, jury sessions court him yesterday charge breach trust shortage of the affairs. Last Ferguson was of charge making Gist Finlay against Ferguson which Yesterday's verdict received quietly which had been warned Judge Thomas Sease Scores was