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FINE" FOR BANK RECEIVER PLACES MADE ON PAYROLL FOR caustic in its reference to some of the sales of real estate by the receivership. particularly two parcels sold together. These two had book value the day the bank closed of $11,704.89 The receiver ship spent $11,881.80 on the properties. and then in September 1924. sold them for taking a book loss of $13,238.34 of Peterson AdminEND TO KANSAS PLAINSMAN. TOPEKA BUREAU THE STAR ships in the administration of C. Peterson as bank commissioner of Kansas "fine" for friends The disclosures some ago of the ex. penses and the sales of bank assets at Leavenworth for 'song' supple fame mented today by the report of the auditors three other banks It was shown that 0. L. Clarke editor of the Washington Palladium drew many hundreds of dollars as receiver for three banks and also his friends on the payroll and also gave jobs to his attorney friends that two sets of attorneys were each paid for doing the same The report auditors of the Halls Summit State Bank was made public today by Roy Bone bank com missioner The audit was made by C. Colvin of Wichita certified public accountant This bank closed March 22. 1923 shortly after Peterson became bank The audit covered the period from the closing the bank up to August 19. 1925 H. L. McIntyre was the assistant receiver in charge the bank and he drew salary of $250 month Saunders was a special assis tant for three months in 1925 but was paid only nominal salary Then was why Saunders received an assistant re. ceiver He from McIntyre Bank assets of 072.29 for total of Receiver McIntyre also made some deals with himself, indirectly the report of the auditor seems that Saunders bought the bank building for $400. the bank the property as worth $1 loss to the bank of little over 000 few days later Saunders sold the bank building to MeIntyre. the receiver but the amount paid not revealed While we are not qualified to place a fair value on the property. the auditor said have been informed that was worth considerable more than the selling price will also note that the this be owned at this by H. MeIntyre. former assistant for the bank The accountant's report is rather