Article Text
Dividend To Depositors R. Valley Bank A dividend of 10 per cent in the receivership of the Rock Valley State Bank was authorized the past week by the court. Depositors will receive the benefit. Visions of the old Rock Valley Fair association arise, with the filing by Charles Gayer of an action against the old fair organization. A motion by the defendant to dismiss the plaintiff's petition was overruled by the court. An order authorizing the receiver to compromise the indebtedness of August Luken in receivership of Exchange bank, Granville, was signed by the court. In the receivership of the Boyden Bank, the receiver was authorized to accept $1750 in full settlement of Gerrit Wegter notes for $6,000. By agreement of attorneys, the court entry may be made in vacation in the case of receiver of American Trust and Savings bank, LeMars, vs. Verne Keough et al, the matter in which attorneys for the mother of the Keough boys claims an annuity left to her in her husband's will is senior to any rights of mortgagees, and that her son in placing a mortgage on his name could not sign away her right to the annuity from the land. Mortgage foreclosure actions brought by the Equitable Life Assurance Society of the U. S. against George W. Murray, John G. Van Otterloo and Nan M. Disbrow, were ordered continued until March 1, 1937, under the mortgage moratorium laws of Iowa. In the case of Albert Bunning vs. Jennie Bunning, the matter, by agreement, was taken under advisement. In receivership of First National bank, Hull, the receiver was authorized to sell lots 1, 2, 7 and 8, block 6, in the east addition of Orange City, to Peter Vander Zwaag, for $2,150. Four marriage licenses issued the past week are as follows: Henry Teunissen 28, Doon, and Jennie De Bruin 24, Maurice; Fred Brandes 25 and Cornelia De Groot 20, both of Sioux Center; John Wiersma 25, Orange City, and Dorothy Vande Berg 25, Hospers; Lawrence Scholten 29, Orange City, and Esther M. Jansen 23, Alton. P. E. Vermeer, chairman of the Sioux County Corn-Hog Allotment board, was in Des Moines last week urging more liberal rulings on hog contracts. He was instrumental in getting the state committee to ease up on hog restrictions which handicapped those who have been practically forced out of the hog business by lack of capital in the past couple of years. Mrs. Ella Mae Collins left Tuesday for her home at Coleridge, Neb., after a visit here at the L. F. Reifert home.