Peoples First National Bank (White Hall, IL)

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RECEIVER TO PAY DIVIDEND

Lawrence Short of Greenfield Dies; Greene Teacher is Married

White Hall, Ill., June Allen. for First National Bank this which closed doors, antoday that another per cent be paid depositabout 20. This will be the third paid by the receiver since he took charge the institution. The first dividend per for 10. When the checks paid on June 20, the ceiver will paid the depositors 60 per cent dividends. Short Dies Short, died home Greenfield. night 11 an several months. He was 73 years Short survived by one daughMiss Eddalee Short in the home. Newton Short, resides farm near and Harley Short, of His wife died in March and daughter, Lulu, died in January. Funeral services will held Friday afternoon from Pleasant Point Baptist Church north Greenfield. Johnson of Jacksonville charge. Burial will in Oakwood cemetery. Announce Marriage The Miss Augusta Close Mrs. Close White and Otto H. Hallett, Decatur here today, by visiting her mothwas Ind., February 20. Frank McLaughlen. Mrs. Hallett of White Hall High Illinois College She taught in the Hall school faculty the Illinois high school for the past three Mrs. Hallett expects to attend Illinois summer obtain Hallett prominent farmer Decatur.

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CLASS HOLDS ANNUAL PARTY AT WHITE HALL HOME

White Hall, Dec. Good Will class the Methodist school met Thursday and held annual party the home of Mrs. H. Childers on North Main street. Mrs. Childers was assisted Mrs. Olive Fitzjerrall, Mrs. Perry White and Mrs. Emma Spears Ther were twenty ladies present A business was held election of officers for next resulted in retaining the officers. Mrs. Rose teacher the class: Mrs Edward Hitch president; Mrs. Fred Mitts. vice Mrs. John Strang Allen Branna, An change of gifts was held and the tesses The January be held at the home of Mrs Fred Mitts. with the as short program was given the the business which cluded two numbers by Mrs Hornbeck and daughter. Mildred, Roodhouse, who sang duet, Mrs. Arthur Shankle of Jackson: also number and Mrs. John Strang of White Hall gave two readings. Miss Mary Callans spent two days this week with her sister, Kathryn Callans, in Gillespie Miss Kathryn Callans assistant to the bank ceiver, W. H. Allen. who in of the defunct bank Gillespie. Waverly and the People's National Bank White Hall. Mr. and Mrs. Howard Kessie

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Announce Engagement

Miss Kathryn Callans entertained four tables at bridge at her home on Carr street, Saturday evening and announced her engagement to Clarence H. Cordum, Gillespie. A color scheme of yellow and white was carried out and at the close of play the announcement was made when lady fingers tied with white ribbons, enclosing hearts with the initials "K. C. and C. C. June, 1935" were served with the refreshment course.

Those present included Bess Hadden and Elizabeth Carney, of Jacksonville; Gertrude Bergen, of Gillespie; Mrs. James H. Wesley, of Palmyra, Mo.; Miss Hannah Hollenbeak, of Chicago; Miss Marjorie Florence, Roodhouse; Ethel Bradshaw, Mrs. Merle Mackey, Miss Isabel Rinaker, Mary Gardner, Mrs. Russell McMahan, Mrs John Stout, Lucille Nash and Kate Ellis.

Miss Callans is the youngest daughter of Mr. and Mrs. William Callan and for the last several years has been assisting receiver to W. H. Allen, receiver for the Peoples First National Bank, of White Hall, the First National Bank, at Greenfield, The National Bank, of Gillespie, The First National Bank, of Waverly, and is now with Nelson H. Greene, receiver for the Ayers National Bank, in Jacksonville.

Mr. Cordum is the son of Mr. and Mrs. H. R. Cordum, of Gillespie, and after attending Bradley Polytechnic has been engaged in the grocery business with his father in Gillespie.

Get News of Deaths

Dr. and Mrs. A. C. Rich received a message Saturday telling of the death of Mrs. M. A. Lewis, which occurred Friday afternoon in Los Angeles, Calif. She is survived by her husband, M. A. Lewis, and one daughter, Mrs. Flossie Gunther, of Los Angeles. Funeral services were to be held in Los Angeles Monday. Mr. and Mrs. Lewis came to White Hall from Nebo, and conducted a grocery store here for several years and left here in 1920 to go to Los Angeles where Mr. Lewis has been employed by the city since.

Mr. and Mrs. William Callans received a message Sunday telling of the death of their brother-in-law, Roy O. Butterfield, who died in his home in Chicago, Saturday, aged 56 years. The body will be brought to Winchester, his former home and funeral services will be held there Wednesday afternoon. Mr. Butterfield was formerly a member of the Winchester band that played engagements all over central Illinois, and was a Spanish War veteran.

He is survived by his wife, who was formerly Miss Minna Mader, one son, R. O. Butterfield, Jr., of Chicago; one daughter, Mrs. V. A. Phillabaum, of New York City, and one grand son, Corliss Phillabaum.

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ship September 9, 1933, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $102,682 which represented 97.54 per cent of total liabilities.

The First National Bank of Mineral Wells, Texas, in receivership October 27, 1933, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $12,352 which represented 18.55 per cent of total liabilities.

The First National Bank of Stronghurst, Illinois, in receivership July 17, 1931, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $30,297 which represented 33.44 per cent of total liabilities.

The First National Bank of Tracy, Minnesota, in receivership April 29, 1931; disbursements, including offsets allowed, to depositors and other creditors aggregated $408,377, which represented 71.01 per cent of total liabilities. Unsecured depositors received dividends amounting to 65.13 per cent of their claims.

The Peoples-First National Bank of White Hall, Illinois, in receivership March 20, 1930; disbursements, including offsets allowed, to depositors and other creditors aggregated $345,636, which represented 74.36 per cent of total liabilities. Unsecured depositors received dividends amounting to 69.77 per cent of their claims.

The Commercial National Bank of Wilmington, North Carolina, in receivership January 31, 1923; disbursements, including offsets allowed, to depositors and other creditors aggregated $1,474,760, which represented 55.05 per cent of total liabilities. Unsecured depositors received dividends amounting to 25.68 per cent of their claims.

QUIDATED AND FINALLY CLOSED DURING THE MONTH OF OCTOBER, 1935

Receivership: First National Bank, Thief River Falls, Minn. Date of Failure: 9-12-33. Total Disbursements Including Offsets Allowed: $ 845,805. Per Cent Total Returns to All Creditors: 101.24. Per Cent Dividends Paid Unsecured Depositors: 109.75 Citizens National Bank, Appleton, Wisconsin*: 6-23-33. $ 407,307. 99.64. 34.67 First National Bank, DeLand, Florida: 7-12-29. 939,072. 62.01. 33.85 Burnet National Bank, Burnet, Texas: 2-18-32. 60,684. 93.05. 93.04 First National Bank, Carey, Ohio: 10-12-31. 200,486. 97.03. 96.83 Citizens National Bank, Laurel, Montana: 1- 4-23. 146,762. 39.54. 6.07 First National Bank, Brushton, New York: 12-22-31. 608,665. 74.64. 71.96 First National Bank, Langdon, North Dakota: 6-14-29. 136,200. 55.43. 45.02 Citizens National Bank, Monessen, Penn.*: 4-17-31. 49,639. 48.09. 48.1 First National Bank, Mineral Wells, Texas*: 10-27-33. 12,352. 18.55. 18.56 Commercial National Bank, Wilmington, North Carolina: 1-31-23. 1,474,760. 55.05. 25.68 First National Bank, Tracy, Minnesota: 4-29-31. 408,377. 71.01. 65.13 First National Bank, Stronghurst, Ill.*: 7-17-31. 30,297. 33.44. 32.66 Peoples-First National Bank, White Hall, Illinois: 3-20-30. 345,636. 74.36. 69.77 Merchants National Bank, Clinton, Iowa*: 9- 9-33. 102,682. 97.54. 59.27 * Receiver appointed to levy and collect stock assessment.

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RECEIVERSHIPS TERMINATED FOR 15 U. S. BANKS

Liquidation of Institutions is Completed, Comptroller of Currency Reveals

The comptroller of the currency, J. F. T. O'Connor, yesterday announced completion of the liquidation of 15 receiverships during October, 1935, making a total of 159 receiverships finally closed or restored to solvency since his last annual report to congress dated Oct. 31, 1934. Total disbursements, including offsets allowed, to depositors and other creditors of these institutions exclusive of 11 receiverships restored to solvency, aggregated $39,489,342, or an average return of 71.79 per cent of total liabilities, while unsecured depositors received dividends amounting to an average of 58.63 per cent of their claims.

The First National bank of Thief River Falls, Minn., in receivership Sept. 12, 1933; depositors and other creditors were paid 100 per cent principal with interest in full amounting to an additional dividend of 9.75 per cent. Total payments to creditors, including offsets allowed, aggregated $845,805 and the stockholders received $11,297.

The Citizens National bank of Appleton, Wis., in receivership June 23, 1933, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. The creditor bank, from dividends and other sources, received 100 per cent together with interest in full amounting to 4.66 per cent. Disbursements during receivership, including offsets allowed, aggregated $407,307 and the stockholders received $73,304 together with the assets remaining uncollected.

Texas Bank Pays 93.4 Pct.

The Burnet National bank, Burnet, Tex., in receivership Feb. 18, 1932; disbursements, including offsets allowed, to depositors and other creditors aggregated $60,684, which represented 93.05 per cent of total liabilities. Unsecured depositors received dividends amounting to 93.4 per cent of their claims.

The First National bank of DeLand, Fla., in receivership July 12, 1929; disbursements, including offsets allowed, to depositors and other creditors aggregated $939,072, which represented 62.01 per cent of total liabilities. Unsecured depositors received dividends amounting to 33.85 per cent of their claims.

The First National bank of Carey, O., in receivership Oct. 12, 1931; disbursements, including offsets allowed, to depositors and other creditors aggregated $200,486, which represented 97.03 per cent of total liabilities. Unsecured depositors received dividends amounting to 96.83 per cent of their claims.

Montana Bank Listed

The Citizens National bank of Laurel, Mont., in receivership Jan. 4, 1923; disbursements, including offsets allowed, to depositors and other creditors aggregated $146,762, which represented 39.54 per cent of total liabilities. Unsecured depositors received dividends amounting to 6.06 per cent of their claims.

The First National bank of Brushton, N. Y., in receivership Dec. 22, 1931; disbursements, including offsets allowed, to depositors and other creditors aggregated $608,665, which represented 74.64 per cent of total liabilities. Unsecured depositors received dividends amounting to 71.96 per cent of their claims.

The First National bank of Langdon, N. D., in receivership June 14, 1929; disbursements, including offsets allowed, to depositors and other creditors aggregated $136,200, which represented 55.43 per cent of total liabilities. Unsecured depositors received dividends amounting to 45.02 per cent of their claims.

Liabilities Assumed

The Citizens National bank of Monessen, Pa., in receivership April 17, 1931, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $49,639 which represented 48.1 per cent of total liabilities.

The Merchants National bank of Clinton, Ia., in receivership Sept. 9, 1933, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $102,682 which represented 97.54 per cent of total liabilities.

The First National bank of Mineral Wells, Tex., in receivership Oct. 27, 1933, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $12,352 which represented 18.55 per cent of total liabilities.

Other Banks Listed

The First National bank of Stronghurst, Ill., in receivership July 17, 1931, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $30,297 which represented 33.44 per cent of total liabilities.

The First National bank of Tracy, Minn., in receivership April 29, 1931; disbursements, including offsets allowed, to depositors and other creditors aggregated $408,377, which represented 71.01 per cent of total liabilities. Unsecured depositors received dividends amounting to 55.13 per cent of their claims.

The Peoples-First National bank of White Hall, Ill., in receivership March 20, 1930; disbursements, including offsets allowed, to depositors and other creditors aggregated $345,636, which represented 74.36 per cent of total liabilities. Unsecured depositors received