First National Bank (Arlington, GA)

Article Text

Miss Killingsworth Weds Mr. Geeslin In Arlington, Ga.

ARLINGTON. Ga., Sept. wide social interest is the announcement made by Mr. and Mrs. James Killingsworth, of Arlington, of the marriage of their daughter, Miss Faye Killingsworth, to Ernest L. Geeslin, of Washington, D. C., the marriage having been Friday morning, September 8, at the home of the bride's parents in Arlington. The Rev. E. Barnhill, pastor of the church performed the ceremony the presence of the bride's parThe bride, charming brunette, was lovely new fall swagger ensemble of dark green, featuring threequarter length coat and the popular finished with the same material dark green buttons. wore small hat of dark green Her other were the same shade. Mrs. Geeslin the only child of Mr. and Mrs. Ga. She young unusual and very talented. Her manner and personality have made widely popular with host of admiring friends. She was graduated from the Arlington High school and later attended Wesleyan Conservatory of Music in Macon, Ga., where of the Glee Club and is widely known in musical circles. Mr. Geeslin is the son of Mr. Mrs. E. Geeslin. Coleman, Ga. He graduated from the Coleman High school, McClendon's Commercial College, Albany, Ga., later attending George University, Wash ington, D. Mr. Geeslin prominent practiced both Albany and and for the past years he been member the Albany Bar Association. In 1931 Mr. Geeslin assisted in the liquidation the First National Bank of Arlington. He holding very responsible position, being bank receiver of the office the division insolvent tional banks, Washington, After the ceremony and Mrs. Geeslin left for wedding trip through North and South Carolina, Virginia and Maryland, after which they make their home in Washington,

Article Text

The First National Bank of Ambrose, N. D., was placed in receivership on February 29, 1930, and disbursements, including offsets allowed, to depositors and other creditors aggregated $37,148, which represented 37.8 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 20.96 per cent of their claims.

The First National Bank of Arlington, Ga., was placed in receivership on March 8, 1932, and disbursements, including offsets allowed, to depositors and other creditors aggregated $59,642, which represented 57 per cent of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 32.55 per cent of their claims.

The First National Bank of Mound City, Ill., was placed in receivership on December 19, 1931, and disbursements, including offsets allowed, to depositors and other creditors aggregated $199,767, which represented 84.7 per cent of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 82.57 per cent of their claims.

The First National Bank of Pepin, Wis., was placed in receivership on July 23, 1926, and disbursements, including offsets allowed, to depositors and other creditors aggregated $152,245, which represented 60.5 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 55.665 per cent of their claims.

The First National Bank of Laredo, Tex., was placed in receivership on November 30, 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 for the benefit of the purchasing bank which was the sole creditor of the receivership and which received dividends amounting to 84.35 per cent of the aggregate sum of $136,817.

Article Text

Many Insolvent National Banks Being Liquidated

The Comptroller of the Currency, J. F. T. O'Connor, has announced that during the month of May 1935, 14 insolvent banks were liquidated, the receiverships thereof being finally closed, making a total of 65 receiverships finally closed or restored to solvency since his last Annual Report to Congress compiled as of October 31, 1934.

The First National Bank of Havensville, Kansas, was placed in receivership on October 11, 1933 and all depositors and other creditors were paid 100 per cent principal with interest in full at the legal rate amounting to an additional dividend of 6.1857 per cent. Total payments to creditors, including offsets allowed, aggregated $62,006 and the stockholders received $754 together with the assets still remaining uncollected.

The Montgomery County National Bank of Cherryvale, Kansas, was placed in receivership on May 7, 1931 and disbursements, including offsets allowed, to depositors and other creditors aggregated $153,358, which represented 67.2% of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 14.63% of their claims.

The Commercial National Bank of Independence, Kansas, was placed in receivership on March 14, 1930 and disbursements, including offsets allowed, to depositors and other creditors aggregated $4,488,385, which represented 84.4% of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 76.4115 per cent of their claims.

The Billings National Bank of Billings, Oklahoma, was placed in receivership on October 17, 1930 and disbursements, including offsets allowed, to depositors and other creditors aggregated $142,436, which represented 88.2% of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 85.62% of their claims.

The First National Bank of Tower City, N. Dakota, was placed in receivership on December 10, 1929 and disbursements, including offsets allowed, to depositors and other creditors aggregated $57,197, which represented 73.7% of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 62.18 per cent of their claims.

The First National Bank of Huntsville, Tennessee, was placed in receivership on February 9, 1933 and disbursements, including offsets allowed, to depositors and other creditors aggregated $50,814, which represented 70.8% of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 58.7% of their claims.

The First National Bank of Milton, North Dakota, was placed in receivership on August 11, 1932 and disbursements, including offsets allowed, to depositors and other creditors aggregated $36,016, which represented 50.4% of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 23 per cent of their claims.

The First National Bank of Florence, South Carolina was placed in receivership on May 22, 1925 and disbursements, including offsets allowed, to depositors and other creditors aggregated $1,282,155, which represented 85.8% of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 49.77% of their claims.

The First National Bank of Montezuma, Iowa, was placed in receivership on September 16, 1929 and disbursements, including offsets allowed, to depositors and other creditors aggregated $302,319, which represented 60.9% of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 57.84% of their claims.

The First National Bank of Ambrose, North Dakota, was placed in receivership on February 29, 1930 and disbursements, including offsets allowed, to depositors and other creditors aggregated $37,148, which represented 37.8 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 20.96% of their claims.

The First National Bank of Arlington, Georgia, was placed in receivership on March 8, 1932, and disbursements, including offsets allowed, to depositors and other creditors aggregated $59,642, which represented 57 per cent of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 32.55% of their claims.

The First National Bank of Mound City, Illinois, was placed in receivership on December 19, 1931, and disbursements, including offsets allowed, to depositors and other creditors aggregated $119,767, which represented 84.7% of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 82.57 per cent of their claims.

The First National Bank of Pepin, Wisconsin, was placed in receivership on July 23, 1926 and disbursements, including offsets allowed to depositors and other creditors aggregated $152,245, which represented 60.5 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 55.665 per cent of their claims.

The First National Bank of Laredo, Texas, was placed in receivership on November 30, 1931, the liabilities of the institution having heretofore been assumed by another bank. The Receiver was appointed for the purpose of collecting an assessment against the stockholders for the benefit of the purchasing bank which was the sole creditor of the receivership and which received dividends amounting to 84.35 per cent or the aggregate sum of $136,817.