Merchants & Planters Bank (Greenville, MS)

Article Text

Shortage of $72,000. A statement showing the condition of the Merchants and Planters Bank of Greenville, as revealed by the books of the chancery clerk of the county by the chancellor of the district, was filed by the receiver, Dr. J. S. Walker. The statement shows the bank to be short $72,000, but places the responsibility on no one nor throws any lig ht as to where the money has been spent.

Article Text

Shortage of $72,000. A statement showing the condition of the Merchants and Planters Bank of Greenville, as revealed by the books of the chancery clerk of the county by the chancellor of the district, was filed by the receiver, Dr. J. S. Walker. The statement shows the bank to be short $72,000, but places the responsibility on no one nor throws any light as to where the money has been spent.

Article Text

Notice J

S. Walker, Receiver, V Merchants & Planters Bank, et al In the Chancery Court of Washington County. Notiec to the Creditors of the Merchants & Plantèrs Bank:All creditors of the Merchants & Planters Bank are requested to file their claims against the Bank in the above suit, with T. H. Hood, Chancery Clerk. J.| S. WALKER. Receiver. jul 29-4t

Article Text

Notice J

S. Walker, Merchants & Planters Bank, et al In the Chancery Court of Washington County. Notice to the Debtors of the Merchents and Planters Bank:All persons indebted to the Me. hants & Planters Bank are hereby notified that they must settle such indebtedness with me, without delay; or else suit will be instituted against them. J. S. WALKER, Receiver. ini 29-4t

Article Text

Notice J

S. Walker, Receiver, V Merchants & Planters Bank, et al In the Chancery Court of Washington County. Notiec to the Creditors of the Merchants & Planters Bank:All creditors of the Merchants & Planters Bank are requested to file their claims against the Bank in the above suit, with T. H. Hood, ChanJ. S. WALKER. cery Clerk. Receiver. jul 29-4t

Article Text

Notice J

S. Walker, 4 Merchants & Planters Bank, et al In the Chancery Court of Washington County. Notice to the Debtors of the Mercharts and Planters Bank.-All persons indebted to the Me-. hants & Planters Bank are hereby notified that they must settle such indebtedness with me, without delay; or else suit will be instituted against them. J.S. WALKER, Receiver. inl 29-4t

Article Text

Notice Chancery Court has adjourned nntil the fourth Monday of October, 1905, when the Chancellor will hear all parties claiming credits or disputing their account with the Merchants & Planters Bank. J.S. WALKER. Receiver. 0 23

Article Text

APPOINTED RECEIVER W

P. Kretchmar Succeeds Dr. Walker, Resigned Mr. W. P. Kretchmar, the efficient cashier of the Bank of Washington, was appointed receiver of the Merchants & Planters Bank last night on the resignation of Dr. J. S. Walker, who, on account of his health and physical conditin, found it necessary to resign. Mr. Kretchmar is one of the city's most promising young men and his ability and honesty ably fits him for any position of trust and honor that may be conferred upon him.

Article Text

MISSISSIPPI STATE HAPPENINGS ITEMS OF INTEREST FROM ALL SECTIONS. AN EPITOME OF THE NEWS Culled From the Important Happenings Throughout the State During the Past Week and Reviewed in Brief. Against Two Bankers. The grand jury at Greenville has reported a number of true bills and adjourned. The indietments were turned over to the sheriff by the court, and his deputies are now engaged in making the arrests. Grand jury officials are reticent about what was done, but it is generally understood, and, in fact, in subject of street gossip, that Dr. J. S. Walker, president and receiver of the defunct Merchants Planters' Bank, was indicted on the counts, charging responbility with the cashier, Will Starling for wrecking the institution. Dr. Walker is now ill at his home. It is understood that the warrants for his arrest were served on him there, and that he was allowed to execute a bond for $9,000 to answer at this term of court. Two indictments were returned against Starling, who was arrested and released on bond at the time the Bank failed. The bank's deficit was $155,000, and Starling's family put up $75,000 or more to cover his share before the failure became known. However, this did not save the bank.

Article Text

MISSISSIPPI STATE HAPPENINGS ITEMS OF INTEREST FROM ALL SECTIONS. AN EPITOME OF THE NEWS Culled From the Important Happenings Throughout the State During the Past Week and Reviewed in Brief. XOO Against Two Bankers. The grand jury at Greenville has reported a number of true bills and adjourned. The indictments were turned over to the sheriff by the court, and his deputies are now engaged in making the arrests. Grand jury officials are reticent about what was done, but it is generally understood, and, in fact, in subject of street gossip, that Dr. J. S. Walker, president and receiver of the defunct Merchants Planters' Bank, was indicted on the counts, charging responbility with the cashier, Will Starling for wrecking the institution. Dr. Walker is now ill at his home. It is understood that the warrants for his arrest were served on him there, and that he was allowed to execute a bond for $9,000 to answer at this term of court. Two indictments were returned against Starling, who was arrested and released on bond at the time the Bank failed. The bank's deficit was $135,000, and Starling's family put up 5,000 or more to cover his share before the failure became known. However, this did not save the bank.

Article Text

WALKER AND STARLING Indicted For Wrecking The Late Greenville Bank. GREENVILLE, Miss., Dec. 15.-The grand jury reported a number of true bills yesterday and adjourned. The indictments were turned over to the sheriff by the court, and his deputies are now engaged in making the arrests. Your correspondent was not allowed to take a peep at the list, and all court and grand jury officials are reticent about what was done, but it is generally understood here-and in fact, is subject of common street gossip-that Dr. J. S. Walker, late president and receiver of the defunct Merchants aud Planters' Bank was indicted on nine counts, charging responsibility, with the cashier, Will Starling, for wrecking the institution. Dr. Walker is sick at his home, and it is understood that the warrants for his arrest were served on him there, and that he was allowed to execute a bond for $0,000, to answer at this term of court. Two indictments were returned against Starling, who, it will be remembered, was arrested and released on bond at the time the bank failed. His shortage or the bank's deficit, Was $155,000, and Starling's family put up $75,000 or more to cover his share before the failure became known, but this did not save the bank. In the circuit court today M. Moses secured $2,500 damages from R. Corero, one of the richest men in the city, for personal injuries caused by the latter biting off the former's thumb. The grand jury returned an indictment against Corero, charging him with mayhem.