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HEARING NEAR IN END WILD CASE BANK How Cap'Finance InTell tains' Kept Alleged solvent Institution Open. INJUNCTION IS ASKED Argue Doors Never Should by Have Been Closed Examiner. of Three Indianapolis the defunct "captains J. F. operation finance' Wild & Co. kept State bank of in alleged inmonths $100,000 worth during five by supplying notes," Frank L. of solvency "accommodation for Richard Lowther, B. Ross, receiver, attorney declared today in closcourt. allegation in made in an superior Ross arguments the in the case to prevent which selling ing injunction is sought the notes as Lowther of the from defunct former bank. Indianassets I. Todd, Company real president apolis Robert Street and John Railway estate J. Appel, man former Frank both M. talist, signed the of business whom Millikan, and recently contractor notes. died, and and capithe Notes Kept Bank Open and estates Attorneys for deceased Millikan men argued was before insolvent the of the court and that that into the bank consider- bank exnever not take Indianapolis in were placed school F. ation aminers $100,000 bonds did worth that Wild, of bank presi- exby John of the bank the escrow on direction months before aminers, were dent, several closed. stand bank's doors Lowther took when the the the Ross bank said was named. insolvent closed reciever was would have been of in in "The February. bank these 1926, accommodation instead of bank, July, 1926, if been in the had notes notes' he said. "These not They being were kept pub- part the lished bank in and operation. represented the bank as and were of the assets of remain in there. permitted Borrowed to Millions finance of men "These known as the best those notes in and Indianapolis- been knew withdrawn. these amounts. They could have for keeping their should They had be alive liable more than interest bank any in one for else. the bank the were and of it. were using profit. They Why making They own good money out keep it going? they connectshouldn't intimately Weren't the ed with they institution? all Appel borrowed milasserted the bank over period of business and use lions a Ross of dollars several his from years for personal with several which He hundred to conduct thousand any security. without company giving appraised bank all issued the said estate his on which issues, the wrote insurance real loans and for stock the bank and collected rent. Was Good Thing' Bank said, borrowed security large Todd, he without "for a amounts and used of the money bank, generally knows more about good thing." Millikan, who than any attorney "And banking in this laws courtroom money in was there, too smart ROSS thousands shouted. to stick his upon "But securities thousands he did at cost. bor- of row and bought even clipped his the and gave dollars "Why, for him bank free. him ob- a coupons deposit box Millikan safety To this ROSS, counsel however, to this for effect. said he could conjected. evidence Ross show tinued, 'And "I furthermore." about don't just believe sticking of these this those story men Wild told the noses them. notes under sign and having them see anyone sign for "I'd like or $50,000 to without why and what.' Bank Examiner $25,000 Blames case knowing would It was expected to for the finding by the be submitted this afternoon. men judge late for the deceased and did Attorneys Millikan not take said interest into bank consideration that was in examiners to transit the were $48,000 worth the of bank from its $100,000 Florida holdings, in school bonds nor considered ridiculous when the bank "Wild was had closed. to do examiner many told him bank perfectly things the to save a told the solvent to. in order institution," they this court. "If Wild had been would let have alone been straightened entire matter out and all depositors had paid. "If these bonds this in bank escrow wouldn't of have been examiner's been considered, insolvent report.' even in face