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THANKSGIVING PROGRAM OF BIBLE CLUB TONIGHT The Thanksgiving program of the Bible Investigation Club of the Young Men's Christian Association tonight will include an address by the Rev. O. Trinkle, pastor of the Englewood Christian Church, on the subject, "Thankful? For What The Dormitory Mills, M. D. Barrick, H. T. Wells and W. C. Caldwell, will sing and H. Wells will play the guitar. fellowship supper beginning at 6:20 o'clock will precede the address. Stockholders Must Pay in Bank Failure, Ruling The Indiana Supreme court reaffirmed its position that stockholders of defunct banks are liable for assessment of an amount equal to their stock holdings, in an opinion issued yesterday. The case involved the liability of Frank B. Rowley, former president and stockholder of the Angola Bank Trust Company, who held $1,000 of the bank's The receiver, Mack Pogue, filed suit to collect $1,000 assessment against Rowley under the "double liability" section of the state's bank The Steuben Circuit court ruled with the receiver. The bank bank official appealed the case to the Appellate court The case was transferred to the Supreme court. Rowley contended that when he bought the stock the institution was insolvent, but that officers had represented it as sound. He purchased ten shares of stock conditionally with the right to disaffirm the contract of purchase if investigation disclosed the bank to be insolvent. He contended that when he learned of the bank's unsound condition he disaffirmed purchase of the stock, but in the meantime he had been elected director and president and served month. Joseph Kentucky Ave. copper and sheet iron work.
