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Bank Receiver Asked By United Press NOBLESVILLE, Ind., Jan. 23.A petition asking appointment of receiver for the State bank of Westfield, Hamilton county, was filed in Hamilton circuit court here today by Luther F. Symons, state banking commissioner. The bank was closed a week ago. Hearing will be held Feb. 2.
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Bank Receiver Asked By United NOBLESVILLE, Ind., Jan. 23.A petition asking appointment of receiver for the State bank of Westfield, Hamilton county, was filed in court here today by Luther F. state banking The bank was closed a week ago. Hearing will be held Feb.
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Meeting Held Saturday and the Situation Discussed THE LIBRARY Steps Necessary to Get New Explained By Frank Beals The town and community determination and spirit of whole hearted support to plan for the reorganization of the State Bank Westmass meeting held at the Public Library Saturday night. Chairman Mendenhall openmeeting by giving brief outline object to be accomplished. The principal speaker, Frank Beals, citizen legal advisor for the Fletcher Trust introduced. Mr. Beals first pointed out the of meeting forum consider and means of organization. The lowed discusof the banking laws Indiana relative to the founding State Banks and under which they operated and may be stocked. Contrary to unfounded circulated shown that formality petitioning for Bank Receiver should not cause unalarm nor be taken to indicate reorganization cannot achieved. In fact Beals quotthe State Banking Commission that should the citizens community of Westfield manisufficient pledge adequate by Febthat he would lend his influence to set aside the petition for furthermore pointed out the investigation by the State Banking Commission not of sudden withdrawals on the institution occurred frequentin similar situations during the year. The condition shown be result of the general deflation values which has been place over period of years which can be met satisfactorthrough the organized effort and the community attendance and the enthusiof the meeting the conclusion the Mr. Beals many questions by those interested in to be taken These were and by Beals and others formed on the decided that committee with selecting subcommitpower This make an canvass pledge sufficient effect this reorganization. Chairman Mendenhall appointed Carey and Baber this committee power to appoint their assistFollowing the adjournment of the meeting, remained to pledge support the taking. also known that stockholders the old bank come forward and are prelike amount in the anticipated institu- reactionary results of the seemed the considerable confidence plan and in the community readjust banking satisfactory manner MOVE Claybourn Wheatley, have resided Tennessee, for past eight years move this city days Wheatley will employed Wheatley membered as Miss formerly resided here. Talking moving pictures are made the United States army use in training soldiers.
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Bank Receiver Chosen By Times Special NOBLESVILLE, Ind., March 2.On recommendation of Luther F. Symons, state banking commissioner and stockholder of the defunct State Bank of Westfield, Judge Fred E. Hines of Hamilton circuit court here appointed Harry Talbert receiver of the bank.
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SLAYER IS EXECUTED Bandit Pays With Life for Killing Messenger. United Pa., March Thomas Martin, Philadelphia, was electrocuted at Rockview penitentiary today for the murder Cameron during $34,000 robbery, Dec. Decatur Banks Merge DECATUR, Ind., March old Adams county bank here became the county's strongest institution Saturday when it was merged with the New People's Loan Trust Company. the bined institutions are Old Adams bank founded 1874 People's Loan Trust Company in 1930. Bank Receiver Chosen Times Special NOBLESVILLE, Ind., March On Luther Symons, state banking commissioner of the defunct State Bank Westfield, Judge Fred Hines of Hamilton circuit court here appointed Harry Talbert receiver of the bank.
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Bank Receiver Sues By Times Special NOBLESVILLE, Ind., May 13.A petition has been filed in Hamilton circuit court here by Harry Talbert, receiver of the State Bank of Westfield, closed in January, for an order to assess stockholders 100 per cent. Talbert sets out that losses, due to bad notes and mortgages, will total $47,000.
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STOCKHOLDER LEVY ASKED Bank Receiver Also Seeks Permission to Sell Property. [Special to The News) NOBLESVILLE, Ind., May 13.Harry Talbert, receiver for the defunct State Bank of Westfield, has filed a petition in n court asking to make an assessment of 100 per cent. on all stockholders. The receiver asserts the bank will lose approximately $47 000 because of uncollectable notes and mortgages. The petition further asks for the privilege of selling the bank building, now occupied by the Jolietville State Bank, which was moved to Westfield recently from Jolietville and which will change its name as soon as charter is issued.
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BOY GETS MEDAL FOR REPORTING A BARBURY BUSH LaVerne Unger, son of Ralph Unger, Route 1, Cicero living 2 miles southwest of Cicero has just been awarded the medal of the Rust Prevention Association for locating and reporting an outlaw common barberry bush which sureads the destructive black stem rust to wheat, oats, barley, and rye. LaVerne was a freshman last year in the Cicero school. He learned to know the common barberry bush in the 8th grade when the teacher brought one to show the class and in while working on the farm which his father rents from Dr. Little, LaVerne located several common barberry bushes growing in the woods. He reported the bushes to county agent E. C. Parker and he in turn reported them to the state leader of barberry eradication at Purdue University. Mr. W. E. Leer, the state leader came to investigate. LaVerne took Leer to the location but they found only a hole where the bushes had been dug. The boy then undertook to find the transplanted bushes. They were found on the J. M. Kinder farm where Edward the son, had set them as an ornament around the house not knowing that they were the outlaw common barberries. Mr. Kinder was ~lad to have them removed vicinity identified them as barberries. Mr. Leer was so well impressed with the work of LaVerne Unger that he recommended him for the medal and it has now been awarded to the boy. Mr. Leer suggested that citizens of Hamilton County should be particularly careful not to transplant wild bushes from the woods unless they are very sure that the bushes are not the outlaw common barberry. Thousands of them have been killed in the county and more are constantly coming up from the seed left in the ground by the old bushes already destroyed. Last week agents of the United States Department of Agriculture used 750 pounds of salt to kill more than 300 common barberries which had sprung up since the county was surveyed in 1927. This work is nart of the campaign being waged in 13 central grain states for the eradication of the common barberry. Since 1918 more than 18,000,000 have been killed and the annual loss from black stem rust has been reduced from 57,000,000 bushels yearly to less than 10,000,000. GOOD NEWS FROM WESTFIELD Good news for the depositors of the defunct State Bank of Westfield is carried in the Receiver's Notice in another column of this paper. Harry Talbert, who is liquidating the bank announces that he will begin paying out 25% dividend Friday to depositors.
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# Bank Asks Name Change By Times Special NOBLESVILLE, Ind., July 25.- The Jolietville State bank has filed a petition in Hamilton circuit court here to change its name to Union State bank. This institution was moved from Jolietville to Westfield recently when the State bank of Westfield went into the hands of a receiver, but the name of the Jolietville State bank was maintained. Half of the stock is owned by residents of Jolietville and the other half by residents of Westfield. Harry Talbert, receiver for the State bank of Westfield, is paying a 25 per cent dividend to depositors.
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BUSINESS DAY IN THE Westfield Bank, Through Receiver Authorized to ADMINISTRATOR FOR OWEN Title to Property of William Lunsford Vested Widow During recess and other tervals when jury trials occupying attention, Judge Hines recently been giving his attento many matters. Harry the State Bank of Westfield, has given to the Howard and Nina for for Mrs. Harvey's share interest acres land under the her petition bankcourt has Talbert accept thirtyland the western part county in payment of note Fred which the bank has been holding some time. This real estate transfer to the ceiver the bank has been The George Shoemaker against Winfield Lowther has been sent Madison county for trial. Elise brought an action in court against Guy Whelchel and others for the partition of some estate. The Noblesville Trust Company has the estate Stage, civil veteran, and the of with the settlement estate been turned over Wainwright Trust Company. The made an order vesting the title all the property the estate of the late William Lunsford the name the widow, Amy Lunsford. She said the only heir. The estate ued to exceed $500 and sists largely of stock of groceries which the deceased had in room the part of the city the time of his death. Ava has appointed the estate Squire and his bond fixed Owen lived at Sheridan few weeks case of the Wainwright Trust Company against Burney Moore and others to foreclose mortgage, amended complaint has been filed, making Robert Hartman, receiver for the First National Bank, of Arcadia, party defendant.
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Other News Day From the Court House Harry Talbert receiver for the State Bank, of Westfield. has Calvin Higbee, tract of land in Washington township, according deed filed with Recorder Kinnaman, the consideration being Hattery released Mrs. Fred and Mrs. Ethel Summitt from jail, Thursday evening. They side Sheridan and both of them served days, the result of being fined Judge Hines charges intoxication. The Central Acceptance Company has brought proceedings court against Milo and Rosalind Maudlin for foreclosure chattel mortgage. The County Commissioners are scheduled meet special sion next Monday for the purpose of allowing claims for the primelection. roughly estimated that the primary between and Forty cents be allowed for meals compared with fifty and cents paid few The election years ficials will be paid for only two meals and two days' work according to the rule laid down by the Board. Most of the precincts were finished counting the vote before midnight.