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Edwin S. Coombs, Who Has Been as Conservator Acting Since Holiday, Appointed. Edwin Coombs, conservator for South Side National Bank since March banking holiday, had receiver for the been appointed bank, it was announced today. Joseph Rehme, president of the bank and of Side Bank and Trust Co., which said the change in Coombs' owns status was necessary that he could levy assessment against the owner of all the the South Side National stock, der the double liability provision national bank charters. Plans the reorganization of South Side National and of LafaySouth Side Bank Trust neither of which was permitted to after banking holibeing prepared, Rehme day, are "Though the Lafayette now owns stock of South Side National Bank, yet the banks, when are to be completely arated Rehme said. order to dissolve the relations, the South Side National Bank, through its must assessment on the "This assessment, and the settlement Lafayette, can effected rapidity and finality through the appointment of receiver to the South Side National." The amount of the assessment, Rehme said, has been determined. South Side National is italized which would be the assessment possible. At least two proposed plans of reorganization for the banks have been and then discarded. The second plan abandoned after the Reconstruction Finance Corporation had agreed subscribe for about ferred stock the Lafayette cause the Federal Board ruled national bank could not under the banking be owned by State bank.