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Conservator Prepares ment for Publication in This Week's With the arrival of Rupert McCook Long Beach, Calif., in Sumner the fore part of local citizens interested the First National bank correctly his toward working The first to banking authorities Chicago, and Mr. McCook, Ray Algyer, the and Heyer, spent Tuesday and Wednesday week that While exact of the reorganization plan ready for the prepared for publication in the Gazette the conservator. follows: of the assets the First National bank disclosed the fact that the bank such condition that plan could be effected in the ture. result this examination, quite evident that or more the total deposits can be released completion of addition substantial portion of the teed assets should be recovered and paid from time to time the collections therefrom. recent meeting of the board directors, attended by Algyer, conservator and Rupert McCook resenting the interests, plan of action was and agreed that time inform the general public as they occur. It fact that plan adopted will accelerated the of the individual positors and by the assistthe debtors effort to their obligations the bank the end that bank able accumulate sufficient reserve "Reports indicate that the officials the effort every the affairs bank shape necessary to effect early encouraging note the plan for the the bank The management of the bank the spirit cooperation the depositors and its many friends this community solicits their continued to the end that the plan under successful culmiation.