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BANK UNDER RECEIVER. FOWLER. Ind., June 7.-William J. Kelley has taken charge of the First National bank here as receiver under the supervision of the controller of the treasury and is now engaged in checking up the affairs of the which failed to open April 22. No statement has been issued regarding the findings of the examination made by bank exam-
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W. J. KELLEY NOW IN CHARGE OF FOWLER BANK Another bank was last week turned over to W. Kelley by Federal government for liquidation. It was the First National Bank of Fowler, Ind. Mr. Kelley came to Milford more than a year ago to serve as receiver for the First National Bank here. Later he was appointed receiver for the Commercial National bank at Chatsworth and then a few months following was appointed as receiver for the national bank at Veedersburg, Ind. With the addition of the national bank at Fowler, Mr. Kelley is now adjusting the affairs of four banks, Milford being the central point of the territory covered.-Milford Herald. Chatsworth people, or at least some of them, are wondering if the government is short of bank receivers. Mr. Crichton seemed to have things just moving nicely when he was transferred from Chatsworth to Augusta, Illinois. Mr. Kelley, who succeeded him, was then receiver for a bank that had failed in Milford, and had hardly lit in Chatsworth until he was also appointed receiver for a failed bank at Veedersburg, Indiana, and now he has been given fourth bank's affairs to look after. It would seem with so many capable men out of employment that the government might furnish a few more jobs by naming them bank receivers. Mr Kelley's nearest other bank is at Milford, 45 miles away. If the government simply had to double up on receivers it would look like good policy to have placed Strawn and Chatsworth under one receiver instead of moving Mr. Kelley further away from his duties here. Strawn and Chatsworth are 11 miles apart while Fowler and Chatsworth are nearly 75 miles apart. Chatsworth, it would seem, should be entitled to just a little consideration.
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NEED MORE FAILED BANK RE. CEIVERS Another bank was last week turned over to W. J. Kelley by Federal government for liquidation. It was the First National Bank of Fowler, Ind. Mr. Kelley came to Milford more than year ago to serve as receiver for the First National Bank here. Later he was appointed receiver for the Commercial National bank at Chatsworth and then few months following was appointed as receiver for the national bank at Veedersburg, Ind. With the addition of the national bank at Fowler, Mr. Kelley is now adjusting the affairs of four banks, Milford being the central point of the territory covered. Milford Herald. Chatsworth people, or at least some of them, are wondering if the government is short of bank receivers. Mr. Chrichton seemed to have things just moving nicely when he was transferred from Chatsworth to Augusta, Illinois. Kelley, who succeeded him, was then receiver for bank that had failed in Milford and had hardly lit in Chatsworth until he was also appointed receiver for failed bank at Veedersburg, Indiana, and now he has been given a fourth bank's affairs to look after. It would seem with so many capable men out of employment that the government might furnish few more jobs by naming them bank receivers. Mr. Kelly's nearest other bank is at Milford, 45 miles away. If the government simply had to double up on receivers would look like good policy to have placed Strawn and Chatsworth under receiver instead of moving Mr. Kelley further away from his duties here. Strawn and Chatsworth are 11 miles apart while Fowler and Chatsworth are nearly 75 miles apart. Chatsworth, it would seem, should be entitled to just little Plaindealer. A luxury is something the average man doesn't need, but which makes him uncomfortable just from thinking how much he wants it. If there were some way to induce the rich to spend more money and the poor to save it, the country would quickly recover.
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Bank Assessment Ordered FOWLER, Ind., Aug. 7.-The fifty stockholders of the closed First National bank here have received notice of a 100 per cent stock assessment from the receiver, William J. Kelley.