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CHAIN BANK FOR SUED OFFICIALS MOBLEY BY $175,000 to recover sutis and in principal who are from Georof seven organizers are W. D. whom among Mrs Valeria Baker, Paul Manley, and others Adams with the connected were company and Trust Bankers' the bank on and banks were the that Friday filed were organized, with the clerk of Fulton B. Mobley, by court state banks. of all the banks allege that with organized without only $15,000, of fide bona laws at the banking whereas organization state specified that should have paid in capand bona fide $15,000 of stock total of $10,000, or of basis, the suits principal seek of to case a per cent interest at with in amount which none ranges case to $16,250 in another Banks Filing Suits behalf the The banks filed, in the amounts sought from the organizers, and the defendas follows: are Organized ruary Bank 16, of 1905, Hamilton: suspended July in- 14, of $10,000 with Principal to $15,000, amounting s sought to date, from Mrs. Valeria R. ManW. Witham, N. Barnes, Redwine, B. Miller, G. H. Mobley, H. Cook, Burnside, H. Mobley, Henry Mobley, John W. Hanson. Bank Mobley and Abbeville: Organized Octo1904, suspended July 10, 1926. Principal of $10,000 with interest amounting to $15,750 sought from P. Baker, W. S. Witham, M. C. OliGooden. Bank and L. Rocky Ford: Organized July suspended July 30, 1926. Principal of $10,000 with $14,350 in Interest sought from Sasser, W. Manley, Witham, D. B. Don. alson, H. Phillips, B. W. Miller, Bertha Brinson and Gussie Miller. Bank of Menlo Organized June 22. suspended July 20, 1926. Prin$10,000 and $16,250 in intersought from Baker, L. JackMcConnell, R. S. Knox, Hutchins, P. Welsh, G. W. Welsh, N. Wood, G. N. Mosely, Mosely, G. L. Groover, R. A. eWhorter and G. A. King. Bank of Reidsville: Organized Sep. tember 1912, suspended January 1,1927. Principal of $10,000 and $10,interest sought from L. R. Adins, P. Conley, R. Rogers, Joshua Beasley, and Miss Lilla Sikes. Citizens Bank of Kite: Organized September 13, 1900 suspended Detember 10. 1926. Principal of $10,000 14,350 in interest from BaClaxton, L. W. Wheeler, Schalls, M. Claxton, E. Mancy Claxton, M. Neal, Sterling, G. F. Knight and J. Jr. Cusseta: Organized March 1807. suspended July 1926. $10,000 and $15,000 in sought from A. Sasser, Witham, W. D. Manley, S. E. F. M. Gordy, Gordy, Thomas Gordy, R. L. Hart, S. A. D. McMurrin, B. B. Miller, Minter, W. B. O'Steen, E. E. Cook, Cook and G. Moulder. Could Pay Depositors The filed for Superinendent Mobley by Attorneys Carl Davie and Orville A. Park, of state banking department. Mr. Davie stated Friday morning this money is recovered, the banks that falled last nummer and fall will be enabled to depositors tho otherwise have chance getting their money. "Up till 1919," said Mr. Davie, Fevery bank that was organized was required to have capital of $25,with $15,000 paid in and $10,bona fide subscriptions. banks, contend, did not any subscriptions at all, merethe original $15,000 capitaliza. "If these banks recover the that is due them, according our they will then be pay back the depositors who bet their money when the crash July and other attorneys of the state anking department have been at work these suits for several