Article Text
Bank of Commerce Quits as Receiver Liquidators Will Buy American's Building Offers made by two directors of the closed American Bank and Trust Company pay $135,000 suits against them alleging negligence are dropped, were rejected yesterday Judge Julien Gunn on the ground that ceptance might release other direcare parties Judge Gunn. door all the direcby stating that the proper plan which the between the and the former officers and the bank would speedily and adjusted. Depositors Might Lose Judge his decision ruled accepted the interest the that bank would they might money by the action this court.' Luther Jenkins had offered pay and Walter surrender on Sams claims deposits against Some directors jointly and severally yesterday the Bank were resignation the Bank Commrce and Trusts the bank's granted Bank office Tenth Main for development was the Commonwealth's ney Gray Haddon, when asked comment editorial demands for prompt the bank case grand jury, would sevmore before he would institute such preceedDue other cases. Haddon said he not opportunity his full time an the until the the trial Legenza, Mais alleged gangsters now under indictment for murder. Lauds Wilson's Work In tendering the bank's August John Wilson president the Bank and that "the most ficult the receivers have either worked out plans for their the affairs the receivers ized for the future routine liquidation that time with the inconvenience the and our the time our officers released for the direction of our own banking business Judge Gunn. accepting the wrote Mr. that "your untiring work strict Continued on Page 26, Column