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10-Page Report
Statement Cites Reasons Why Estimate ofProbable Payments Are Impossible
Attend Meeting. Mrs. H. F. Danner, Mrs. Annie Caricofe, Mrs. Virginia Phelps, Mrs. Russell Brown. Mrs. W. Lantz, Mrs. Louise Gage, Mrs. Galloway Mrs. Marie Keller, Mrs. Mary Caldwell and Mrs. Martin the local lodge of Daughters of America attended the district meeting of the der which was held in Richmond Thursday night.
Spends Here. Miss Florence Moore of Washington. D. the with Mrs. Harry M. Rouse of West Broadway.
Peace." Music will be furnished by on Wednesday evening at 6:30 o'clock bers are urged to be present as supervise display of the Virginia fruit important business will be transacted in the Western the young people's choir. on the banks of the Appomattox River The Virginia State Horticultural near the Appomattox Manor, with enWill Arrive Sunday, Society and illustrated trance on Cedar Lane. There will be Miss Mary Jesse missionary to literature with the fruit. Sendai, Japan, will arrive Sunday to plenty of eats and an oyster roast has be the guest of her sister. Mrs. George been planned by the outing committee Looking for to work for R. Wolfe. of Riverside Avenue. which is composed of Fred Hummel will find helpers have put their ads in the Situations as chairman; R. C. Potts. Dr. D. Lane Virginia Apples Will Elder, S. K. Heard, John P. Goodman patch Classified Section. Be Shown This Week and James Gilgallon. The committees appointed for the celebration are Refreshments, John P. Goodman and Fruit Will Be Displayed in S. K. Heard: ticket. Leonard M. Jones Western Cities RATIN and James Gilgallon: ground comWINCHESTER VA. Oct. R. C. James Fancy Virginia apples in quantity are A. Payne: entertainment to be displayed next year in James Gilgallon and James A. Payne. Detroit. Minneapolis, and other WestRats, Mice, Termites Hopewell Wins, 25 to This to be an enjoyable ern cities in observance of National The football team of the Hopewell Apple Week by the and Roaches, Without affair and all members are invited to High School played the team of Ohio Railroad with the attend. POISON or TRAPS Washington and Lee High School at Winchester Chamber of Commerce Shipments of such varieties For Free Information Clarendon on Friday winning with Circle to Meet. DIAL OR WRITE score of 25 to Those making the The West End Circle of the First Grimes Stayman Winesap trip were: Coach Leslie Parsons, Mor- Baptist Church will hold its regular York Imperial and Ratin System of Va. Cunningham next Tuesday afternoon at Black Twig have made George ris meeting Allen Boone, Bradley Slagle, Edward the Mrs. R. Baker of R. Packett and Ohio adverCunningham, David Harrison, Clar- Highland Park at o'clock. All mem- tising director at Chicago, who will ence Elliott. Steve Bogese, Wilson Mifka, Milton Kruger. Louis Aderholt Welford Swift, Robert Swift, Theodore Herbener Sam Herbener. Herbert Ford Jr. William Johnson, Howard Davis, John Elder. Dennis Pritchard, Julian Pritchard Durwood and Tracy Minor.
A report of the receivers of the Hopewell Bank and Trust Company was filed Saturday morning with Clerk of Courts G. C. Alderson. after being presented to Judge Thomas B. Robertson of the Corporation Court of this city. The report covers ten typewritten pages and is signed by Thomas J. Blankenship and Archer Jones as receivers, dated as of October 29. 1931.
Ladies' Aid to Meet. The Aid Society of the Christian Church will meet at the home of the the Rev T. 313 North Eighth nue, Thursday night at 7:30 o'clock
A letter from the State Commissioner of Insurance and Banking M. addressed to the board of SPITZER'S NOTED SERVICE directors of the dated August is included in exhibit as lows: study of our representatives' Is Based on Efficiency report of their recent examination of teous Attention and Modern your institution shows it to be in an Dependable Cleaning Methods unsatisfactory and dangerously extended On date of examination you showed borrowed DRESSES, Also Coats and Suits money of $245,000. and your account with the Richmond Trust Company MEN'S SUITS, Also Overcoats was overdrawn $151,515.42 We are at loss to understand how you can expect Quality Cleaning at Cash-and-Carry Prices your bank to succeed unless you adopt more plan in the future This followed by To Address Club. list of losses and doubtful assets of Honorable Carter W. Wormeley of the institution aggregating 50 Quality Richmond will address the members Exhibit B letter from Mr. of the Club of Hopewell at Cleaning Bristow. dated June in which he Spitzer meeting be held Wednesday aft- Dyeing goes into detail. regarding losses ernoon at 3:30 in the library of the At Our accounts and doubtful accounts ExHopewell Club in City Point. Main hibit C is letter to Mr. Bristow from Plant Roger E Brooks. president the To Give "Whoopee" Party. bank, in regard to some of the ac- 1008 N. Boulevard or Branches- Dial 5-1721 The members of the Chamber of Commerce will give "whoopee" party statement which is made in the report follows is absolutely impossible at this time to formulate. with any degree of accuracy. an estimate of the amount which this bank will pay its depositers This condition REPEATED BY exists for many reasons, principal among which may be mentioned the following the fact that large amounts of the bank's money was loaned on second deeds of and in other instances with little. any, security being to be given therefor: PUBLIC DEMAND large loans made corporations without requiring the indorsement of the officers and directors of the corporations: pledging and assigning its best assets to other banks pledging its assets to secure individual deposits from all loss: failing to heed Featuring the Best Clothing the advice and direction the State banking making large and excessive loans to its and Buy in the City of Richmond creating tremendous overhead which was increased as the financial of the bank became weaker and weaker To Conduct Service. Your SUITS In the absence of the pastor the Rev Alfred B. Clarke who attendChoice ing the Methodist Conference in Lynchburg, the laymen and choir of Trinity Methodist Church will have of charge of the morning service, at T'COATS o'clock with James E. MalAny presiding There will be no services but the young people will meet at with Miss Garment Annie as leader.
Parachute Jumper Here Floyd parachute jumper of Buffalo, New York will be at the Hopewell Municipal Airport Sunday afternoon around o'clock and will make number of his daring jumps including 500-foot drop. He noted stunt flyer and will also give several exhibitions in stunt flying would probably have a statement lat-
In charge of Service The people the Hopewell Methodist Church will have charge The grand jury's report charged of the evening service in the absence the banking laws were disregarded of the the H. Lanthe supervision at least of the Central Bilt- drum. who is attending conference in Bank and Trust Company and Bank at suburb of Donald Dorey young attorney of The bank closed following the this city will address the meeting on failure of the Central Bank Influence On World
