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# DEPOSITORS ARE SAFE Lafayette Residents to Get 100 Per Cent From Closed Bank. Lafayette residents whose savings were deposited in the Peoples Loan, Trust and Savings Bank, closed by State banking officials, will receive 100 per cent on deposits, it has been announced. Each of the other banks in the city was named co-receiver on the request of officials of the defunct bank, and a quick response has been received from creditors.
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SELECT FOWLER MAN FOR JUDGE B. B. Berry Selected for Trials of Two Defendants in Bank Case; Carr, for Other. Burton Berry, Fowler, Ind., and former judge the Benton circuit court, been lected special judge for the trial John McWilliams and that Clarence Briggs, both whom under indictment in the Tipresult of failure of the People's Loan and B. of this city selected as special judge, but declined serve. circuit court Tuesday, Judge Homer Hennegar, from whom attorneys the of submitted prospective judges. struck of Judge Brenton Devol Frankfort in each case. McWilliams Briggs cases, for the defendants struck off the name Judge left Judge the choice for forof the defunct pany charged perjury. Briggs, former cashier, charged embezzlement. In case of State vs. John Saunders, former state bank ex aminer, who under indictment on charge banker's embezzlement with the local failure, Judge Carr selected as judge, the attorney for the defendant striking the name of Judge Berry in this The case be tried first, the date set being April
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Bank Receivers Complete Task And Get Praise Cash and Other Assets of Defunct Trust Company Go to R. C. Houston for Benefit of Stockholders. After approving the final report the receivers for the Peoples Loan and Trust company WednesJudge Homer Hennegar, the circuit court, highly praised the the local banks, acted in this capacity without and told them they had rendered greatest value the community, and especially to the court and the depositors and stockholders the defunct establishment. The report filed McAdams Schultz, attorneys the NEW RECEIVER NAMED The filed, shows on hand amounting $18,743.52, against this balance total $10,900 checks outstanding, leaving net cash $7,800. This to turned Houston, of the Savings bank, who was appointed receiver the bank's after Judge Hennegar discharged the former at the completion The total receipts handled by the former ceivers the dis$234,728.25. ASSETS REMAINING to turned the $39,695.52 mortgage loans, Otterbein real $2,460.50: unpaid stock sessments of stockholders, unpaid cash items, furniture and $340.50: Briggs surety bond, $5,000; cash on hand, making total of $89, less the ing All creditors have been paid in full.
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BANK RECEIVER BRINGS SUIT RECOVER CASH Makes Clarence M. Briggs and Bonding House Defendants in Action-Echo of Alleged Embezzlement. An action has been brought in the circuit court by McAdams and Shultz, attorneys for Robert Houston, receiver for the Peoples' Loan and Trust to cover to embezzled by Clarence M. Briggs, secretary treasurer defunct bank from April 18, 1923 until spring of The bank closed its doors August names Briggs and the Fidelity and Deposit Fidelity and company was surety for Briggs in sum $5,000 and complaint for $25,000 which amount the complaint embezzled and to his own