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MATTOON BANK CASE IS CONTINUED TO JANUARY Nov. case Guthrie, receiver the First State Bank Mattoon. against the State Trust and Savings Bank Mattoon its which has been' occupying the attention of cuit court the special master that court several months, was continued this week until the January next proceeding will be an argument by attorneys the exceptiens made Guthrie the finding of the master, who recommended that the be case thrown out court for want of jurisdiction.
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MATTOON BANK RECEIVER PAYS Depositors and Creditors Get Final Payment Totaling $30,000 MATTOON Feb 12-Receiver D T Guthrie, of the defunct First ate bank of Mattoon paid final 121 per cent on the money due the depos stors, a total of $30,000 The checks were received by the creditors Satur. day This completes the 100 per cent payment to all depositors and creditore who filed claims with the receiver Whether or not the stockholders realize anything from the resources of the institution depends on the outcome of the sult now pending in the circuit court against the stock. holders of the State Trust & Savings bank. About $35,000 are In litigation in the sult now pending State President in City P G Blodgett, of Chicago Heights state president of the Izaak Walton league, was In Matoon Sunday to assist the local members In the gen-1 eral plans for the State Izaak Watton league convention to be held in this city on Tuesday. Wednesday and Thursday, February 19 to the 21st inclusive He is expect.ng a large attendance and a most successful Standard OHI Salesmen Meet General salesmen and agents of the Standard on company of the Mattoon district gathered for their annual meeting which was held in the banquet room of the Buckler Moore cafeteria Thursday evening at a dinner meeting. They made reports and talked over the business of the past year and other matters concerning the company's products To Attend Mard) Gras Mr and Mrs R C Sullan. 2221 Western avenue left Saturday for New Orleans to attend the Mardi Gras celebration in that city Tues day evening which launches the Lenten season They will visit other points of in. terest in the South before returning home
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CASE Abstract of the Guthrie receiver the First State Bank Mattoon. against the State Trust Savings Bank Mattoon its stockholders. together the statement facts argument the Guthrie. was filed today the appellate court Springfield. sued the Trust Savings Bank the holders approximately $40,000 Hearwere before Special Masterin-Chancery Lee Charleston and extended over period of several months. number of the stockholders paid claims made against them released from responsibilities. The master. making finding. held favor the Trust bank his finding being approved by Circuit Judge Shuey Redeiver Guthrie appealing from decision the circuit court