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BANK RECEIVER SUES Acts to Make Peoples Savings Share Holders Pay. (Avoca.) their L. Andrew, superinten- The banking, has suit the district court here force of stock the owned share holders the Peoples bank, which next cently placed in receivership.
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COUNTY ASSIGNS CLAIM Will Be Reimbursed by State for Money in Avoca Bank. A claim for $7,573.58 held by Pottawattamie county against the Peoples Savings bank, Avoca, which recently was placed in receivership, was assigned Wednesday afternoon by the Pottawattamle county board of supervisors to State Treasurer Ray E. Johnson. The claim represents county money on deposit in the bank. As the result of the claim the county will receive refund from the state sinking fund. In turn the claim against the bank will be collected by the state treasurer and the funds redeposited in the state sinking fund, County Auditor George B. Sparks explained.
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LIVES 61 YEARS ON ONE FARM: DEATH TAKES HER Funeral services for Mrs. John Griffith 64, who had lived on one farm in Calhoun county was held here She by a widower and one Closed Bank Paying Well Avoca, With some assets the defunct Peoples Savings bank here being rapidly liquidated and a first dividend per cent having been by charge. Arnold Blanchard, is now believed by the examiner that be able pay depositors nearly 90 cent of co-operation of the other here, the Citizens Savings bank and the Avoca State bank, liquidate about during the first four months of the receivership Fort Dodge Bank Closes Fort Dodge, Trust bank of Fort ity Dodge closed and turned its affairs over department Officers said the action was in posits which had more than The deposits totaled E. Larpresident and Larson is cashier. Rear Admiral Passes Away Dubuque, Admiral Godfrey Blocklinger was on the retired list the United died in his apartment here. His to burial the but his own wish he will be in his died Bike Racer Seeks Office East Orange. N. fans has his The didacy for republican as stand the ernoon The post is now by Franklin W Fort. for the United States senatorial nomina-
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SECOND DIVIDEND TO BE PAID SOON AVOCA BANK RECEIVER WILL DECLARE 25 PER CENT THIS MONTH. (Avoca.) According to information given by Arnold Blanchard, receiver of the defunct Peoples Savings bank here, a second dividend of 25 per cent will be declared in July, making total of 50 per cent in dividends to the depositors since the doors of the bank were closed six months ago. Depositors are expressing satisfaction with the way Mr. Blanchard is handling the affairs of the bank and it is anticipated that he will be able to make another pay ment of 25 per cent and possibly two before the close of the year, which will give the depositors practically 100 cents on the dellar within one year after the close of the institution.