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SHEFFIELD MAN TO BUDA BANK RECEIVER Disputch Special Service State Auditor Oscar Nelson today indicated that appoint harles of Sheffield as receiver for the Citizens State bank Buda. which closed its doors days Classified Ads Bring Results.
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BROUGHT CLAIM Bureau School Funds Entitled to Priority. Sheffield, Jan. Zearing, of reau county, has announced that the claim of Macon township school against the Citizens State bank of Buda, $12,school funds the time the business Sept. 19, 1927. are preferred claims and must be paid out in full the receiver, Boyden of Sheffield, in of the funds of the bank. Soon after the closing of the bank. Attorney Rennick filed claim for Ross township treasurer, for the school preferred claim, based on olde rule of English common contending that the common was the Illinois and that school officers are only agencies of the state and that title to these funds was thus in the state, entitled to priority. In arguments before the master last August, Mr. Rennick appeared for the claimants, Spaulding and Carey Johnson for the bondsmen. and Trimble, other Princeton attorney. for Mr. Boyden, the receiver. Inquest Held. The to quire into the deaths of three Bureau county residents, Peter Robeza Spring Valley and Grivetti and George Horn of Ladd, road killed men, by Rock Island train No. DePue, Jan. 23, after lengthy investigations verdict against the Rock Pacific railway. the company sponsible for the deaths because gates and signals were not maintained crossing where the killed. Coroner H. Malm and the jurors stated that competent flagman was not employed the crossing, the man duty flagman the night of the tragedy being unable speak English, giving his testimony through an interpreter. Sheffield Wins. Sheffield high another Little Eight here Friday night, defeating Wyanet. 28 to 12. This was last Little Eight game to be played on the home floor Sheffield graders walked away with Wyanet, Sheffield plays Ohio in Ohio Jan. 30. Sheffield Items. William Rennick. aged resident of Toulon. seriously his Frederick Rennick Buda. spending much time as possible with him. Mrs. Robert Gutshall returned Friday after two-day visit with relatives Princeton. Mrs. Theodore Andersen returnFriday after an overnight visit relatives Kewanee. The Burlington railroad is electrifying the pump house Coal Creek, west Buda, the contract being let to the Illinois Light Power company, with H. Arms in charge Mr. Mrs. Robert Thomas tertained dinner their home on South church street Friday ning. farewell for Mrs. Hazel Thomas and three sons, who left Saturday night for their home in Butte, Mont After dinner, the of Mrs. Thomas tertained the Sew and So club members, playing games and farewell visit. The club presented Mrs. Thomas with gift.
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WATSON TALKS DECISION RENDERED TO ALEDO KIWANIS IN BUDA BANK CASE SCHOOL CLAIMS R. L. Watson, Aledo attorney, gave the talk yesterday at the regular weekly meeting of the Aledo Kiwanis club. Mr Watson spoke on taxes, particularly of Mercer county. According to Mr Watson there is total of $70.000,000 in property in Mercer county, but only about 50 per cent of this is taxable. In speaking of property which is tax exempt Mr Watson declared that it was unfair to the other tax payers to have certain securities tax free. Chairman of the program committee for the next two months were announced at this meeting as follows: Feb. W. Detwiler: Feb. 11, H. Duvall: Feb. 18. L. O. Flom: Feb. 25 (publicity night) ladies' night, James Allen; March E. Harris: March 11, interclub relations committee, H. Duvall, chairman: March 18, H. Bjorkman; March 25, A. R. Volk. (Special) Master in Chancery Louis A. Zearing, Princeton, has rendered his decision on claims of Macon township school trustees against the Citizens State bank of Buda, for $12,000 school funds on deposit at the time the bank suspended business in September 1927 The master in chancery states that said claims are preferred claims and must be paid in full by the receiver Charles W. Boyden. in distribution of the funds of said bank in his hands. Very soon after the closing of the bank Attorney Frederick W. Rennick, also state representative from this 37th district, filed claim for Ross Bitting, Buda, township treasurer, for the school money as preferred claim, basing same on an old rule of English common law contending that said common law the law of Illinois and that school officers under the law are only agencies of the state and that title to these funds is thus vested in the state and entitled to priority. In the arguments before the master in chancery last August Rennick appeared for the claim ants, P. D. Trimble for Charles W. Boyden, the reeceiver and L. Spaulding and Carey R. Johnson for the bondsmen. Other Sheffield News Mr and Mrs Robert Thomas entertained at farewell dinner in their home Friday evening for Mrs Homer Thomas and three sons who left Saturday night for their new home in Butte, Mont. Later in the evening the of Mrs Thomas arrived with all of the members of the Sew and So club and the evening was spent playing games and visiting and Mrs Thomas was presented with a farewell gift. The Burlington railroad is making big improvement south of Sheffield and west of Buda, electrifying the pump house of the road on Coal creek. The contract was let to Illinois Light & Power Co., and work is in charge of H. B. Arms. It is a large job requiring new sub-station and the old frame building which housed the steam engine will be replaced by a new structure of concrete. Matherville Building Burns III., Jan. (Special) building at the Groves Davis coal mine burned to the ground. It is not known what started the fire. The building contained a pump and other machinery, and the loss is estimated at several hundred dollars.