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MAYWOOD RECEIVER WILL APPLY FOR LOAN David T. Emery Working On Data For Maywood Trust & Savings Loan Application for an R. F. C. loan with which to pay dividend to depositors of the defunct Maywood Trust and Savings bank, of Hammond, will be filed as soon as the receivership is able to prepare the necessary data, Receiver David T. Emery reported to- day. Emery said he is on the and plans compile He he ask the that can made on assets the inMr. Emery also is receiver for the Northern and Savings bank, of Hammond. When whether R. pay to that he said he thought ASSETS DISSIPATED Northern Mr. Emery declared, "virtually were dissipated by bank officers before the bank failed. Very doubt whether loan on but propose inquiry the subject before definitely decide not to for the must bear of assets in order obtain therefore, if assets Northern Trust not acceptable is any the liquidation of assets there are.' Mr. Emery is the second Hamwould the offer to loan money acceptable dividends may be paid to depositors Harry E. receiver for the Trust and Savings and First Peoples State bank, announced yesterday that he the for filing loan applications for these number of other bank of the scheduled likewise. they and vestigating expect to file as preliminary information is obtained.
