8dccdfdeFull suspension, Books examined
Other: Receiver later paid dividends; stockholders assessed 100% per article.
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United July The First National bank at Arcadia closed its doors today after having been in operation for 19 years was turned over to Sanders, national bank examiner. The failure was attributed to depression in agriculture in the community and withdrawals covering period of the past three months. The last published statement showed that the bank has $200,000 in loans and discounts and deposits amount of $230. It was expected that an tempt the bank would made.
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TREASURY DEPARTMENT Office Comptroller the Currency, Washington, August 1928. Notice is hereby given all persons who have claims against First National Bank cadia, Indiana, that the same must Robert the legal three from this date or they may STEARNS. Acting Comptroller of the Aug. The great pyramid at Giza covers thirteen acres.
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Will Another Payment Soon, the Board Made Is Told THREE ROADS ACCEPTED Is ReMoffitt Highway Because of a jected of Gravel commissioners, who adThe journed their October session, afternoon, were well Tuesday just before they were ready pleased depart from the auditor's office of the when the First National walked in and Bank, of Arcadia, them with check for presented $3,000, being part payment money which on county the bank closed its posit when At that doors two months ago. had around $13,000 time the county in the bank. The board was formed that another payment would be made soon as the bank dividend and the repdistributed said he could see resentative the full amount of the reason why in short bond could not paid time. The over this pay their appreciation that the bondsment and believe amount in full will the men pay few weeks. There is suit for this money. bringing The bond personal some in the defunct of the stockholders bank being on the paper. In the matter of the vacation of short road and the opening of anfor by Hez other one, petitioned township, the Sylvester, in Wayne appointed the following board Klepfer, Hamilton viewers: Emmet Haworth. Metsker and next Saturday, and They will meet, the two highways. The board voted accept part the the county road system Sohl, Rudolph Gascho and the Noblesville Joseph highways Howe road in the township, Delaware township. The Moffitt road in the latter township was the board did not believe rejected had sufficient amount of gravel Ed Baker County Surveyor the Beck signed engineer road Jackson township and for Surveyor Chester County Oberleas, Sheridan, was appointin his place. The board approved the voting places for the election which were in the Ledger few days published that one will have to made, but changes this be done later. can
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Chance to Enjoy Yourself and Boost a Good Cause One of the greatest crowds that attended similar event in the county, expected to be present the Armory Saturday night, when the first is drawn across the violin strings for the first proof Square and Round dances be held in this city in many All of the old time dancers this section are expected to be here has been many day since they have had the opportunity dance to the music from the struments of such high class tertainers Whitmore's Broadcasting Orchestra. The fact that for the benefit program battery of the National Guard should be sufficient to bring large crowd and then too, the public assured the best of order be maintained. Come and help the boys good time once your life. NOTICE OF SECOND second dividend of 10% has been declared and will payable creditors proofs of claim prior to January 1929. Checks are now being prepared and probably will be ready for distribution by the 1st of March. A first dividend of 40% was paid before the Holidays. Bank July 3rd, 1928. ROBERT Receiver. First National Bank, Arcadia, Indiana.
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NOTICE OF SECOND second dividend 10% declared and will payable who have filed their proofs claim January 1929. Checks are now being prepared and probably will be for ready by the March. first dividend of 40% was paid !efore the Holidays. Bank suspended July 1928. Receiver. First National Bank, Arcadia, Indiana. NOTICE OF ORGANIZATION The City Committeemen Noblesville called meet in the City Building, Noblesville, o'clock Saturday, 1929, organize the City Committee to charge nomination city officers for Noblesville, conformity with the regulations the State Haughey, County Chairman
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NOTICE CREDITORS Whom Concern: Hamilton Court County Chemical and hereby demands against said and Trust in the 1st March distribution the assets said any on said claims, demands All holding contracts said tion, must present place before said Dated Noblesville, Indiana, this 2nd day of Receiver NOTICE OF DIVIDEND A second dividend of 10% has been declared and will be payable all creditors who have filed their proofs of claim prior to January 30th, 1929. Checks are now being prepared and probably will be ready for distribution by the 1st of March. A first dividend of 40% was paid the Holidays. Bank suspended July 3rd. 1928. ROBERT Receiver. First National Bank, Arcadia, Indiana.
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Receiver Announces Dividend By Times Special ARCADIA, Ind., Feb. 5.-Robert G. Hartman, receiver for the First National bank here, has announced that he will pay a dividend of 10 per cent to depositors March 1. Early in the winter he paid a 4 per cent dividend. The bank closed last July, the result of withdrawals extending over a period of a year.
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White River Township Board of Finance Sues Surety AMOUNT ASKED BY BOARD IS $1,500 Exceptions to Report In Thomas W. Clark Estate A suit has been filed in court growing out of the failure the National Bank, at Arcadia. The Board of Finance, of White River township, had some money on deposit in the bank when closed by the Controller on July includ$3,319.15 in money and $2,785 certificates deposit. The bank had given its surety for the safety of the cial Casualty Insurance Company also Aetna Casualty and Company. The present filed against the Company for account its liability for the funds bondsfor the First National Bank. The receiver has paid part the amount deposit in the bank, he has paid dividends to the positors, but there still due White River township the of The suit filed by Meade Vestal Kane torneys for the finance board White River township. Citizens State bank has suit in court against Mary E. Landes for small $50, note. George Osborn, of Sheridan, court, Friday, to have the report approved of the guardian of Essie Harold. He also filed the report the the ThomCreek estate. but Neal Little filed exceptions to the port and was not by approved the court at this time.
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KLAN TRIAL IS NOW INDEFINITE Attorney General Asks For More Time For Case. Noblesville, Ind. The case of the State of Indiana on the relation of Arthur L. Gilliom, former attorney general of the state, against the Knights of the Ku Klux Klan, Hiram W. Evans, Imperial Wizard of the Klan, and Joe M. Huffington, Grand Dragon of the Klan, which was originally set for February 11th, in the local court, has gone over indefinitely. It has been known for some time the case could not come up on the day set. The new Attorney General, James M. Ogden, wishes more time to get into the merits of the case. Orbison & Orbison, John H. Conaughty and Chirstian & Waltz are the attorneys for the defendants. George Osborn, of Sheridan, was in court, Friday, to have the report approved of the guardian of Essie Harrold. He also filed the report of the administrator in the Thomas W. Creek estate, but Neal & Little filed exceptions, to the report and it was not approved by the court at this time. A suit has been filed in court growing out of the failure of the First National Bank, at Arcadia. The Board of Finance, of White River township, had some money on deposit in the bank when it was closed by the Controller of Currency on July 3, 1928, including $3,319.15 in money and $2,785 in certificates of deposit. The bank had given as its surety for the safety of the money the Commercial Casualty Insurance Company and also the Aetna Casualty and Insurance Company. The present suit is filed against the Commercial Casualty Insurance Company for $1,500 on account of its liability for the funds as bondsman for the First National Bank. The receiver has paid part of the amount on deposit in the bank, as he has paid dividends to the depositors, but there is still due White River township the sum of $3,662.49. The suit was filed by Meade Vestal and T. E. Kane as attorneys for the finance board of White River township. Frank Wolf, lone burglar, was sentenced to the State Prison at Michigan City, for a term of from five to twenty years, by Judge Hines, in court Saturday morning. Wolf appeared before the court, and plead guilty to the charge of burglary of the home of Mr and Mrs. O. J. Rensberger, on North 9th street, Noblesville, on January 20th, 1929. Prosecutor Fertig had prepared an affidavit in two counts, burglary of the home and also a count of entering the home to commit a felony. He was sentenced on his plea of guilty to the burglary charge. He also robbed the Potter home in the Zimmer residence on Conner street, but that was not in the affidavit. Mrs. Potter suffered a severe shock and is still confined to her home. Lester V. Heiny was granted a divorce by Judge Hines, Monday morning, on the showing that Mrs. Heiny was convicted of a crime in the court some months ago, and is now serving a sentence in the Women's prison, at Indianapolis. She was sent for six months and was fined $500, and her sentence is probably out but she still has some time to serve on account of the heavy fine. She was sentenced on account of contributing to the delinquency of a minor girl. Mr. and Mrs. Heiny were married in 1921 and separated in 1928. Mrs. Heiny was not represented by an attorney in court and under the law, the Prosecuting Attorney Fertig filed the legal answer for Mrs. Heiny. Worth Castor represented Mr. Heiny this being his second case in court, representing the firm of Christian & Waltz. Mr. Heiny lives with his father northA former divorce case was filed, but later dismissed and the present case was on a second effort to secure divorce. P. O. Duncan, doing business as the Federal Loan Company, has brought suit against Dan Crawford to foreclose mortgage.
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Closed Bank Pays Bat Times Special ARCADIA, Ind., Aug. 31.-Robert Hartman, receiver of the First National bank of Arcadia is distributing a 10 per cent dividend. making 70 cents on the dollar that has been paid depositors. Hartman believes the bank will pay 80 or 90 cents eventually. An assessement of 100 per cent has been made on all stockholders.
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One of the Quietest iods of the Spring Season REPORTED New Litigations Marriage Licenses Issued The past month has been the quietest long time real estate business Hamilton county. There were only eleven trades made and none of them volved very much money so far shown by the the deeds. Harry Craig conweyed mother, Jennie Craig, some property Noblesville and John Hiatt added land to his holdings in Jackson township which from Oscar Paul Hiatt. sale of the John farm 101 acres Creek township Sheriff Ramsey closed during the past week, the price being $46 an acre. The transfers for the week were follows: Samuel Wolverton to Dora Harrison, lots in Noblesville, Bert Jessup Guy Moore, lot Horton, $500. Stanley Stodgill to Isabelle RobTrustee, land in Jackson Twp., Sarrah Harrison to Thomas Ramsey, al, land in Delaware $4,646. Noblesville Trust Co., Adm., James Howe, land in Noblesville $250. Hendrickson, MarW. Geath, lot in Oscar Paul Hiatt to John Hiatt. in Jackson Wade Furnas, Com., to Dock Snyder, land in Creek Realty Otha M. Payne, lot in College Park, Citizens Co-Operative Realty San Belle Bryant, lot in Park, $5. Harry Craig, et to Jennie Craig, lots in Noblesville, $1. New Cases Filed Helen M. Graves Melvin for divorce. State Bank of Atlanta Barbara Leach and others, complaint foreclose Mortgage. Ernest Cloe George and Nellie Weaver, complaint on note, Robert Hartman, receiver First National Bank, Arcadia, Robert Ross, complaint note. Robert Hartman, receiver First National Bank, Arcadia, vs. Owen, complaint on note. State Central Bank, Arcadia, complaint for receiver. Charles Paxton Lena Paxton, complaint for divorce. Marriage Licenses Thomas Taylor and Maggie Maderia. Oliver Ball and Mary Adams. Willard Macy and Julia Clark. Waldo Cross and Elizabeth Stevenson. William Meriwether and Ellen Thomas.
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Formal Opening on day INSTITUTION JOLIET Bank of Washington ship bank Westfield was opened Friday for the transaction but the opening occur Saturday. The occupying the room of the State Bank which closed its doors in January. Harry for the old vacated building several days and moved all the equipment belonging to the old bank the second floor of the building. He continue work of bank and the old have connection whatever number citizens from and bought half of the stock the Jolietville State Bank and the half owned, part county For the present the institution will known as the ville State Bank. The name and new officers not selected until new charter granted. This may in the next few weeks. In the Roy Hadley, who has been cashier of the Jolietville bank for many will be in charge of the Westfield bank. said name will be chosen suitable to Washingtownship view of the fact that those interested in the institution would have that will not bank, but rather bank for the whole of Washington township. Half stock being held Harry Talbert as trustee and turned over parties when the reorganization completed. The bank has some new furniture. The room has been newly decorated very tractive appearance. In the meantime Receiver bert ahead with the tlement the old bank rapidly possible that his collections have been good until within the last three weeks when they slowed some on account tax paying time. was expected. Another New Bank There been good deal of talk during the last two or three weeks the effect that bank will open Arcadia within the next month that Hamilton county capital be interested in the The Ledger been verify the report though comes source that weight and parently reliable. One report the effect that all arrangements have been made for the institution the exception of the lection of officers. Perhaps something along this line will develop during next two or three weeks. Arcadia has been without bank for The First National closed doors years and the Central Bank suspended busiin April.
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TALK REVIVES ABOUT NEW BANK Said Institution will Be Opened at Arcadia This Month Reports which are considered reliable continue to reach the Ledger to the effect that a new bank will be opened at Arcadia within the next two or three weeks. It is said that some outside capital will be coupled up with local capital in the new institution and. according to the best information obtainable, the head of the institution will be brought to Arcadia from outside of the county. So far as known there has been no intimation as to who the new president will be and neither is the information available just now as to who will be identified with the bank either as officers. stockholders or directors. It is expected that full announcement concerning the new institution will be made in two or three weeks. Arcadia has been without a bank Since year ago last April v Central Bank closed its doors. Three years ago the First National Bank suspended business. For a while there was some talk of the Citizens National Bank, of Cicero, establish- ing a branch at Arcadia, but this idea has been abandoned, it is said. (Roberts & Roberts. Attys.) NOTICE OF ADMINISTRATION Notice is hereby given that the undersigned has been appointed by the Judge of the Circuit Court of Hamilton County, State of Indiana Administratrix with will annexed of the estate of Edward Kinnaman. late of Hamilton County. deceased. Said estate is supposed to be solvent. June 1st. 1931. IVA KINNAMAN. June 2-9-16.
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Tentative Date Fixed Pending Purchase of Real Estate CHOSEN AS CASHIER Parent Institution Is the Citizens State Bank of This City The Citizens State Bank, of this city, which has been arranging some time to open branch ArWednesday, that Cook, of been chosen for the opening of June but whether not this program can be carried getting the First National Bank buildNegotiations are now in progress the purchase the buildand presumed that the plan go through right but the deed has not yet passed. After First National Bank closed three years ago the building came the property the ment the negotiations the sale of estate are being Washington. thought that the deal be within few to made, Wednesday, Harry Craig, cashier the Citizens State Bank. Mr. Cook now Arcadia ranging take charge of the branch bank will do so as soon few more the preliminaries way. He comes from wood where he has been identified an elevator for some time. one time employed in an also formerly lived Tipton. He said to be well quainted in the and parts of Hamilton county. may have assistant this part the has program yet been worked The bank secured its charter for this branch from the few days All of the will be done through Noblesville bank will branch bank in all that the name implies. Arcadia has been without nancial institution for fifteen months. The Central Bank pended in April last year and year or two before that the First National closed its doors. This will the third new bank in ilton county within the few weeks. The one Carmel opened and the Jolietville State Bank moved to Westfield few weeks age, the institution being bought by citizens of Westfield stood that this bank will change name about the first the
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Closed Banks Pay By Times Special ARCADIA, Ind., Dec. 23.-S. S. Walton, receiver for the Central bank of Arcadia, which suspended business a year ago, announced that it will pay a dividend of 10 per cent to depositors this week, a total of $12,000. When the depositors receive this distribution, they will have been paid 55 per cent of their claims. The First National bank of Arcadia is paying an 8 per cent dividend, making a total of 88 per cent since the bank closed two years ago.