Full suspension
Banks at Newark Canandaigua Shut Their Doors banks in Western New Two closed their doors WednesYork The Ontario County Trust ComCanandaigua closed by pany order of the had the ed dividend The First National Bank Newark closed heavy the Canandaiguia bank is believed have been the causes of the Newark failure
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BANK STOCK SUIT FILED Newark Receiver Seeks $1,500 From Robert Werth. Suit has been filed in District Supreme Court against Robert W. Werth, Washington realtor, to collect $1,500 assessment on stock Werth held in the First National Bank of Newark, N. Y. The suit was filed by Guilford S. Jameson, attorney, on behalf of the receiver of the bank.
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per cent dividend to depositors of the Nunda Bank, according to Mr. Kendall. It is impossible to estimate even tentative dates for payment of additional dividends to depositors of the other closed banks, he said. The Arcadia Trust Company and the Gaylord State Bank still have RFC obligations to pay off.
Individual Receivers
Liquidation of closed national banks in this area is not consolidated but is being handled by individual receivers appointed by the Comptroller of Currency. Now being liquidated are the First National Bank of Sodus, the First National Bank of Newark, First National Bank of Brockport, the First National Bank of East Rochester and the First National Bank of Webster.
Edwin M. Nelson as receiver for the First National Bank of Sodus has paid depositors a 12 per cent dividend. Depositors of the First National Bank of Newark have [received a dividend].
Death Claims Julia Carroll
Mrs. Julia Webster Carroll, widow of Clarence T. Carroll who was former head of Rochester public schools, died yesterday (May 11, 1935) at her home in Boscawen, N. H.
Mrs. Carroll was born in Boscawen, Apr. 1, 1853, the daughter of Lucy and Nathaniel Webster and a close relative of Daniel Webster. She lived in Rochester from 1903 to 1911 during her husband's career as superintendent of the city schools.
Since leaving Rochester she has divided her time between her ancestral home in Boscawen where she lived during the summer and with her children in the winter.
Surviving are two daughters, Mrs. Laurence P. Tolman, of Reading, Mass., and Mrs. Almon G. Harris, of Penacook, N. H.; two sons, Carl H. Carroll, of Arlington, Mass., and Harry C. Carroll, of Chicago and 13 grandchildren. Mrs. Harris is the former Margaret E. Carroll, graduate of East High School in the class of 1907.
Funeral service arrangements are not complete. Burial will be in Boscawen, N. H.
Mr. Carroll died in Warner, N. H. in 1912. He was stricken while delivering a commencement address to the graduation class of that high school and died a few minutes later.
per cent dividend to depositors of the Nunda Bank, according to Mr. Kendall. It is impossible to estimate even tentative dates for payment of additional dividends to depositors of the other closed banks, he said. The Arcadia Trust Company and the Gaylord State Bank still have RFC obligations to pay off.
Individual Receivers
Liquidation of closed national banks in this area is not consolidated but is being handled by individual receivers appointed by the Comptroller of Currency. Now being liquidated are the First National Bank of Sodus, the First National Bank of Newark, First National Bank of Brockport, the First National Bank of East Rochester and the First National Bank of Webster.
Edwin M. Nelson as receiver for the First National Bank of Sodus has paid depositors a 12 per cent dividend. Depositors of the First National Bank of Newark have received a 67 per cent dividend from Receiver Jonas J. Hulse.