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Alfred Mueller Named Attorney Bank Receiver Appointment of Alfred Mueller, Davenport, as attorney for the receiver of the Le Claire Savings bank which suspended operation Monday, was made today by Judge Scott on of state banking department of Iowa. Andrew, state banking is the receiver.
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66 Stockholders in Defunct LeClaire Savings Bank Sued For $25,000 to Cover Deficit individuals and and controlling 250 shares of the capital stock of the LeClaire Savings bank, which suspended business on Oct. 13, were named defendants in suit to collect 100 per stock assessment the deficiency, filed district court today by Andrew state superin tendent of banking. thru his special attorney Alfred Mueller the naming the signed by Judge W Scott granting the W state superto bring from upon num held by the individ and Claims of depositors, exclusive of bills payable pending against the total accordin Mr. Andrew The existing collecall exclusive of the assessment, the stated names of and the numbers respective shares court asked levy assessment John Auliff LeClaire share: Balley Davenport, Banta, DeWitt Boege, shares Henry Boeh, Barnes, share Claude Brown, Brown, George Bucks, Carroll, shares Frank CaverGeorge Olivia 19 shares Clark, Claire, shares. Danson, Princeton, Frank Hartz, Davenport, J. Henry, shares: W. Hileman, George W. Holst, Claire, shares: James Holst, Day shares: Henry Jugen estate, shares: John Kylor estate, share George Leamer Loppold, shares; James LeClaire, shares LeClaire, share; McFate share Meyer estate, Ger trude Davenport, 1½ Lily Parmele, Davenport, E. LeClaire, shares; Waltimore Rathman, Claire, shares; Jessie Ryan, Claire Simonson, Port Byron, Margaret Schaffer Port Schutter Pleasant Valley, Schworm, Fred Schutter, Pleasant Valley, share George Schurr, shares Simpson 15 shares Sidlinger, LeClaire, Lola B. Spinsby, Burke Idaho, shares: Gustav Stueben, Davenport, Alice shares LeClaire, shares Lizzie Smith, Sylvester Seargeant, Dav John 1½ Frank Suit LeClaire, shares; D. H Snoke Davenport, shares: Schaf Princeton, Stone, share H. H. 4½ shares Weismann, Mary Wilson, Ind., shares; Ralph Wilson. shares, and the Thomas White estate, shares.
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BANK RECEIVER TAKES JUDGMENT IN THREE CASES Andrew. state superintendent of banking and acting ceiver in charge the defunct LeClaire Savings bank. obtained default judgments in District Judge W. Maines' court today against Curtis and Mary Speer for against George and Olivia Cewe for and against Weismann for $1,900. all on claims owing the bank. Alfred Mueller was at. torney for the receiver.
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BANK RECEIVER TAKES JUDGMENT IN THREE CASES L. A. Andrew, state superintendent of banking and acting ceiver charge of the defunct LeClaire Savings bank, obtained default judgments in District Judge W. R. Maines' court today against Curtis and Mary Speer for against George Olivia Cewe for $400. and against E. G. Welsmann for $1,900. all on claims owing the bank. Alfred C. Mueller was at. torney for the receiver.
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FUND PREFERENCE Cemetery Association Objects to Bank ceiver's Report. Funds of the LeClaire Cemetery briefly introduced Tennant. association deposit the de- Wilson, Chicago, present funct LeClaire Savings bank are the meeting. entitled be classified preferred claim, according objecHUSBANDS FOLLOW tions filed the WIVES TO COURT torneys, attacking the final report FOLLOWING FIGHT Andrew, state banking and receiver in charge On Feb. Marrion Rusch. institution. 2809 Telegraph road, caused the The relationship between the of Chadd, arrest sociation and the according charge objections filed assault and battery. Today that debtor and credChadd police court to deposits were never Marrion Rusch for tended withdrawn but sault and battery. remain permanent the parties appear petual funds for the and court again, going the cemetery Police Magistrate McSwiggin The association had between them this morning. $3,000 on deposit with Chadd declared Rusch asked him the bank when the latter suspended had his dog and when he seen business. The receiver charge didn't care what told the liquidating of the bank has his dog. Rusch swung happened disallowed and the claim him. Rusch denied the charge and the association now declared Chadd hit him and the matter the court.
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OBJECTIONS CLAIM Creditors of LeClaire SavBank Oppose Reings ceiver's Final Report. Objections of creditors of the defunct LeClaire Savings bank to report Andrew, state of and ceiver in charge the for before District Judge W. Maines this afternoon. Certain creditors, including LeClaire Cemetery association, owner of trust fund of between $2,000 and $3,000, insist their claims should come under the heading preferred claims instead eral claims listed by the ceiver.
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Objectors to SavBank Receiver's Report to File Briefs. Objections on the part of creditors to the final report of Andrew, state superintendent of banking and receiver in charge of the defunct, LeClaire Savings bank refusing to classify their claims preferred claims were submitted District Judge Maines late Monday and were taken under visement pending the filing of briefs by for the creditors and bank receiver. The question raised calls for interpretation the statutes fining and general claims. There dispute to the facts involved, the court said. The LeClaire Cemetery tion, Hannah Wilson, Ralph Wilson Elden Wilson, heirs of the Wilson, and others are among objectors. They contend the funds they were carrying dewith the bank at the time closed were trust funds and should classified as preferred claims.
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Bank Receiver Is Granted Judgment judgment for against Katherine and William Ranson of LeClaire in an action brought by receiv er for the LeClaire Savings bank filed in the Scott county dis trict court today. foreclosure sale of property the defendants in LeClaire ordered on the judgment. Mueller attorney for the the judgment being signed Judge W. Scott.
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REPORT Receiver in Charge of Claire Institution Lists Assets, Liabilities. An inventory accounting for liabilities and like amount in assets of the LeClaire Savings bank, which suspended business last fall, was filed the office clerk the district court today by Andrew, state of banking and ceiver charge. The liabilities include in deposits and bills able. Among the assets in bills and bonds and securities. dividend cents the dollar was paid depositors recently promise that additional idend will be paid
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BANK RECEIVER'S SECOND REPORT IS APPROVED BY COURT The second report of drew, state superintendent of banking, and Chas. Bosier, exam iner in charge of the defunct LeClaire Savings bank, listing ceipts of March approved late Wednesday district Judge Scott.
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CLAIRE BANK FILES HIS THIRD REPORT Andrew, state superintendand receiver charge defunct LeClaire filed his third report in ings bank, District Judge Maines' court today. The report, prepared Chas. Bosier, examiner in charge the liquidating of the institution, approved the court. Alfred Mueller attorney for the aminer and receiver. The report, covering transactions June lists including cash hand.
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BANK OF LE CLAIRE TO PAY DIVIDEND OF 15 PER CENT A 15 per cent dividend payment to depositors of the LeClaire Savings bank of LeClaire, Ia., that closed a year ago, was authorized today by District Judge W. R. Maines on application of L. A. Andrews, superintendent of banking in charge of affairs of the bank. The new dividend is in addition to 40 per cent dividend already paid depositors of the institution. The report by Mr Andrews, filed with application recommending the new dividend, states that just claims of the bank have been paid and that there are ample funds to permit paying of the 15 per cent dividend. Alfred C. Mueller is at torney for the bank superintendent.
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REDUCE BONDS OF MEN LIQUIDATING BANK AT LE CLAIRE An order court reducing the bond of Andrew state superintendent bank. and Chas. Bosier, and examiner spectively charge of the defunct LeClaire Savings bank, from $25,000 to was signed today District Judge Scott.
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CHANGE IN BANK RECEIVERS WINS COURT APPROVAL An interlocutory report ferring the affairs the Bettendorf bank receivership from Andrew, retiring state superintendent of banking, to his successor, Bates, proved today by District Judge Scott. The order directs that Mr. receiver, discharged his bondsmen exonerated. Similiar orders were to be entered in the day the Home Savings bank the American Trust company receivership. Hearing on the Northwest enport bank, the LeClaire Savings bank and the American Trust company receiverships July Union Savings Bank Trust company First State Savings bank, McCausland, July
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LE CLAIRE BANK RECEIVER FILES REGULAR REPORT Receipts of 2,093.23 for the three months' period ending June 30 are shown in the 14th report of D. W. Bates, receiver for the LeClaire Savings bank, filed in Scott county district court and approved by Judge W. R. Maines. Disbursements for the period, according to the report, were $481.34, which included receivership expenses of $443.43. The receivership report since the bank entered receivership totals $9,709.47. The cash balance March 31 of $7,962.20 was increased to $9,574.09 during the succeeding three months.