Provident National Bank (Waco, TX)

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2 TEX. BANKS ON LIQUIDATED LIST

Receiverships End in Waco, Mathis Institutions, U. S. Comptroller Says.

WASHINGTON, Oct. 10 (AP). — Two Texas banks were included today in the list of 18 which Comptroller of the Currency J. F. T. O'Connor said had completed liquidation of their receiverships during September.

One was the Provident National Bank of Waco and the other was the First National Bank of Mathis.

The Waco bank had been in receivership since March 26, 1927, the liabilities of the institution having been assumed by another bank. A receiver was appointed to collect an assessment against stockholders to cover a deficiency in assets sold. Disbursements during the receivership, including offsets allowed, O'Connor said, totaled $281,643, or 93.333 per cent of the total liabilities.

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One was the Provident National Bank of Waco and the other was the First National Bank of Mathis.

The Waco bank had been in receivership since March 26, 1927, the liabilities of the institution having been assumed by another bank. A receiver was appointed to collect an assessment against stockholders to cover a deficiency in assets sold. Disbursements during the receivership, including offsets allowed, O'Connor said, totaled $281,643, or 93.333 per cent of the total liabilities.

The Mathis bank went into receivership Oct. 15, 1931, the comptroller said. Disbursements, including offsets allowed, to depositors and other creditors totaled $67,777, or 84.35 per cent of total liabilities. Unsecured depositors received dividends amounting to 84.18 per cent of their claims.

An eagle carried away the 3-year-old son of a farmer near Kajana, Finland.

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LIQUIDATION OF BANKS IS MADE

Two Of 18 Completing Business Last Month Are In Texas

WASHINGTON, Oct. 10. (AP)—Two Texas banks were included today in the list of 18 which Comptroller of the Currency J. F. T. O'Connor said had completed liquidation of their receiverships during September.

One was the Provident National Bank of Waco and the other was the First National Bank of Mathis.

The Waco bank had been in receivership since March 26, 1927, the liabilities of the institution having been assumed by another bank. A receiver was appointed to collect an assessment against stockholders to cover a deficiency in assets sold. Disbursements during the receivership including offsets allowed, O'Connor said, totaled $281,643, or 93.333 per cent of the total liabilities.

The Mathis bank went into receivership Oct. 15, 1931, the comptroller said. Disbursements, including offsets allowed, to depositors and other creditors totaled $67,777, or 84.35 per