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Dividend Receiver 10 Expects to 12 Per Cent Distribution; Poor Prospects for Future. Early payment of dividend of between 10 and 12 cent to the depositors of the closed Farmers State bank of Macon was forecast in report filed by Receiver VanGundy in the circuit court, in which Mr. Van Gundy petitioned the court permit the proposed distribution. The bank was closed in January 1932. and this the first dividend the depositors will have received. The amount hand be distributed collected from the stockholders under the stockholdliability To share 800 depositors. 200 of them with posits of one dollar less. Decatur Bank First. Receiver Van Gundy indicated little hope for future dividends. Because preferred claim $25,000 held by the National Bank of secured by deposit of the Macon bank's best collateral, collections the ance of notes have been slow With capitalization of and per cent liability the part of the receiver that he has collected all that he expect to collect from that On its original claim of $25,000 still due the National Bank will share the distribution to made the receiver. Fees Due. Total claims adjudicated by the against the bank 260.96. Combined with still unadjusticated claims the bank owes total $66,366.70. As general receiver Mr. Van Gundy was originally under straight salary of $100 month This later reduced to the state auditor. Recent reports the receivership show costs $60 for stenographic serices and $210 attorney's cost for three months. The general receivership tinct from the stockholders ership for which Mr. receiver and Charles Lee as torney will receive fees. To Divide If the scale followed in the ceivership of Warrensburg bank adopted for the bank per cent for the receiver and 15 per for the torney. the amount available distribution the Macon would reduced to slightly less than The petition for distribution referred by Judge Miller Lawrence special ter in chancery in termine, the amount due each ant.