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LIBERTYVILLE BANK RECEIVER FILES BILL Carl Granzon, receiver the First Lake County National Bank today asked in filed the circuit that Circuit Ralph Dady allow sell stocks bonds held the These items, inventoried, amount approximately On orders from the comptroller of curview the market, Granzon explains the bill that such business for the general creditors the bank. The was filed the law firm of Edwards Block.
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BANK DIVIDEND IN LIBERTYVILLE First Lake County National To Pay 16 Per Cent Dividend On Deposits; Totals $135,000. Depositors the First Lake County National Bank Libertyville, an ganization that closed for the bank and failed to re-open unthe institution reorganized, today were notified of dividend per cent which will throw about $135,000 into circulation in LibertyWith the latest disbursement, which expected week, the tal dividends depositors aggre87 and half The original bank closed for the moratorium. Then number months the bank was reorganand known the First Lake County National Bank at LibAfter the old bank closed there filed claims against the institution. The first dividend was paid out on March 1933 five cent. Then July 1933 the bank paid another big dividend. that one half per cent to throw thousands dollars into circulation ir. Libertyville. In paying out the tied the bank receiver petitioned and obtained $105,000 from the Reconstruction Finance CorporaAs assets the bank were liquidated found that approximately $85,000 would meet dividend payments that made This week the comptroller of the Washington plans with Carl Granzow, receiver for the out the dividend Checks will by tomorrow should be distributed early next week.