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Francis B. Wright, Kane county, Ill. # Statement of Scotland Bank. Following is a report of King's transaction published by the Citizens Republican, whose editor had free access to the bank books for nearly two months when clerk under Receiver Landmann: When the First National bank was closed by the examiner February 2, 1907, the total assets of the institution were listed at $104,980.94. Of these more than half were listed as worthless and about one-third as doubtful. Among the worthless list was included a bunch of certificates of deposit issued by the old Bank of Scotland which went out of existence when the First National was organized. These certificates to the amount of $21,777.54 had been redeemed by the First National, and were being carried as bills receivable. There were school warrants amounting to $1,946.19 that had been sold to a bank in Sioux City but still carried as assets; notes to the amount of $6,433.13 held as collateral by a bank in Sioux City to secure a loan of $2,500 and also to secure the payment of over $11,000 worth of notes that had been sold with guarantee of payment. Unsecured notes signed by Mr. King, his wife and his mother amounting to $7,800, and his notes signed by J. P. Resner, his wife and son amounting to $2,715. besides a bunch of fictitious notes amounting to many thousands of dollars. In the doubtful list were shares of stock in the Mitchell Gas company, carried at $18,984.95, bonds of the company of $3,500, and notes signed by the company of $6,017.33. The total cash on hand at the time of closing was only $3,322.40. The banking house and fixtures were valued at' $9,071.18, but had been well sold at $6,000. The liabilities of the bank consist of claims proved at about $97,000, of which, $6,456.75 were filed as special claims.