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Receiver for a Bank. Springfield, Ill., March 10.-Directors of the State Bank of Elkhart, which closed last Monday by reason of alleged shortage in the accounts of Cashier Cottle, decided toda not to reorganize the bank, and fil a petition in the Logan county circ court praying for the appoint receiver
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WILL NOT RESUME State Bank of Elkhart Decides to Seek a Receiver After All. Springfield, III., March 10.-The directors of the State bank of Elkhart, which closed last Monday by reason of an alleged shortage in the accounts of Cashier Cottle, decided today not to reorganize the bank, and filed a petition in the Logan county circuit court praying for the appointment of a receiver.
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State Bank to Be Reorganized. SPRINGFIELD III., March 10.-The directors of the State Bank of Elkhart, which closed its doors last Monday by reason of an alleged shortage of $32,000 in the accounts of Cashier Frank W. Cottle, who committed suicide on Wednesday by blowing out his brains with a revolver, met to-day and decided not to reorganize the bank, and filed a petition in the Logan county Circuit Court at Elkhart asking Judge Myers to appoint former County Judge Schwartgerfger, now cashier of the German National Bank, as receiver.
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BURSTED BANK QUITS. Cashier's Alleged Defalcation Puts It Out of Business. Springfield, Ill., March 10.-Directors of the state bank of Elkhart, which closed last Monday by reason of an alleged shortage in the accounts of Cashier Cottle, decided today not to reorganize the bank and filed a petition in the Logan county circuit court praying for the appointment of a receiver.
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ELKHART BANK WILL CLOSE. Springfield, III., March 10.-Directors of the State Bank, of Elkhart, which closed last Monday by reason of the alleged shortage of $32,000 in the accounts of Cashier Frank W. Cottle, who on Wednesday killed himself with a revolver at his home. met to-day and decided not to reorganize the bank. The directors filed a petition in the Logan County Circuit Court at Elkhart, asking Judge Myers to appoint former County Judge Schwartgerfoger, now cashier of the German National Bank, as receiver.
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WANTA RECEIVER State Bank of Elkhart Will Not Reopen for Business. Springfield, III. March 10.-The directors of the state bank of Elkhart which closed its doors last Monday by reason of an alleged shortage of $32,000 in the accounts of Cashier Frank W. Cottle, who committed suicide two days later, met today and directed not to reorganize the bank and filed a petition in the Logan county circuit court at Elkhart, asking Judge Myers to appoint former county judge, Schwartgerfeger, now cashier of the German National bank as receiver.
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Will Not Reorganize Bank. Springfield, III., March 11.-The directors of the State bank of Elkhart, which closed last Monday by reason of the alleged shortage of $32,000 in the accounts of Cashier Frank W. Cottle, who suicided, Wednesday, decided not to reorganize the bank, and ask appointment of County Judge Schwartgerfeger, now cashier of the German national bank, as receiver.
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Receiver Appointed. Lincoln, Ill., March 11. - Acting upon the recommendation of State Auditor McCullough and Attorney General Hamlin in the circuit court, Judge Myers appointed L. C. Schweidtferger, cashier of the German American national bank of this city, in a bond of $200,000, receiver of the State Bank of Elkhart, which failed a week ago with a shortage of more than $32,000.