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RECEIVER IS ASKED FOR. Suit Filed in St. Louis for Receiver for Bankers Trust Co. St. Louis, Mo., Aug. 21.-Suit for the appointment of a receiver for the Bankers Trust company was filed here today. The company owns stock in many small banks in southwestern towns. Vice-President Leming of the San Antonio, Uvalde and Gulf railroad, brought the suit. The trust company holds the road's stock.
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TRUST COMPANY INVOLVED. Suit to Compell Appointment of Receiver For St. Louis Concern. St. Louis, Aug. 21-Suit for the appointment of a receiver for the Bankers Trust Company, a St. Louis concern that owns stocks in many small-town banks in the southwest, was filed in the circuit court here today.
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WANT RECEIVER FOR BANKERS TRUST CO (By Associated Press.) St. Louis, Mo., August 21-Suit for the appointment of a receiver for the Bankers' Trast Co., was filed here today. The company owns the stock of many small southwestern town banks, Vice-President Leming of the San Antonio, Uvalde & Gulf railroad brough the suit. The trust company holds the railroad's stock.
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ASK RECEIVERS FOR TRUST CO. (By Associated Press.) St. Louis, Mo., Aug. 21.-A suit for the appointment of a receiver for the Bankers Trust Company has been filed The company owns stock in many small Southwestern town banks. Vice President Leming of the San Antonio, Uvalde & Gulf Railroad, brought the suit. The trust company holds the railroad's stock.
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RECEIVER ASKED FOR St. Louis, Mo., Aug. 21.-Suit for the appointment of a receiver for the Bankers' Trust company, a St. Louis concern that own stock in many small town banks in the northwest, was filed in the circuit court here today.
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BANKERS' TRUST SUED Court Is Asked to Name Receiver for St. Louis Concern. St. Louis, Aug. 21.Suit for the appointment of a receiver for the Bankers' Trust company, a St. Louis concern that owns stock in many small town banks in the southwest, was filed in the circuit court here today. The suit was brought by Merrit E. Leming, vice president of the San Antonio, Uvalde and Gulf railroad, the stock of which is held by the Bankers' Trust company. The capital and surplus of the Bankers' Trust company is $5,000,000. In the last three months its stock has dropped from 190 to 20 a share. The petition says that the Bankers' Trust company has deposited with the National Bank of Commerce, of St. Louis, assets worth $4,500,000 to secure a $750,000 debt. The court is asked to order the payment of claims for the construction: miles of rail-
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BANKING FIRM OF SOUTH IS RUINED APPOINTMENT OF RECEIVER ASK. ED FOR WELL KNOWN ST. LOUIS CONCERN. St. Louis, Mo., Aug. 21.-Suit for the appointment of a receiver for the Bankers Trust Co., a St. Louis concern that owns stock in many small town banks in the southwest, was filed in the circuit court here today. The suit was brought by Merritt E. Leming, vice president of the San Antonio, Uvald and Gulf railroad, the stock of which is held by the Bankers' Trust Co. The capital and surplus of the Bankers' Trust Co., is $5,000,000. In the last three months its stock has dropped from $190 to $20 a share. The petition says that the Bankers' Trust Co., has deposited with the National Bank of Commerce of St. Louis. assets worth $4,500,000 to secure a $750,000 debt. The court is asked to order the payment of claims for the construction of 200 miles of railroad, to establish the priority of liens on the trust company, and to restrain the directors and officers from interfering with the management of the assets.
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RECEIVER SOUGHT. WASHINGTON, D. C., Aug. 22Suit for the appointment of a receiver for the Bankers Trust Company, a St. Louis concern, that owns stock in small town banks in the Southwest, was filed in the circuit court here today.
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NEWS OF THE WORLD ITEMS OF GENERAL INTEREST FRESH FROM OUR DAILY NEWSPAPER SERVICE. GATHERED OVER THE GLOBE Happenings National, Historical and Political and Personal Events Herewith Selected for Our Many Readers. Conditions in Holland are almost those of war. The prince of Wales' national relief fund Sunday reached a total of $7,500,000. The duke of the Abruzi has been appointed commander in chief of the Italian navy. Toronto's three infantry regiments Saturday sent nearly 2000 men to the camp at Alcartier. Great Britain has decided to make a loan to Belgium of 10,000,000 pounds sterling ($50 000,000). More than 1,000,000 bushels of American wheat are now on the way to Switzerland in British bottoms. Suit for the appointment of a receiver for the Bankers' Trust company, a St. Louis concern, has been asked. Cheap living is an anomaly of the present situation in Paris. Meats sold Monday at the lowest price in twenty years. Thirteen hundred and sixty Americans sailed for New York on the steamer Ryndam Saturday. Another party of 1800 will sail Sunday. Because of a shortage of flour the bakers in Rotterdam are making bread composed of equal parts of flour and potato. The mixture is palatable. President Wilson has nominated Colonel Henry P. McCain to be adjutant general with the rank of brigadier general, vice Arjutant General George Andrews, to be retired. Intercessary services were held in virtually every church in England Saturday on behalf of the nations engaged in the war, with a special prayer for the success of the British arms. There is much criticism in financial circles in London of the policy of the joint stock banks which have discontinued all business except the acceptance of deposits and payment on checks. The necessitous blind, accompanied by a guide who has paid the ordinary fare, will be allowed to travel free on the London underground railroads and on one of the largest of the omnibus systems. Arrangements have been virtually completed by the national board of relief to transfer to Americans in England the total of all funds reposited to the credit of the state and treasury departments. Alva Goldsby, 19, recently shot and killed his mother-in-law, Mrs. U. G. Myers, fatally wounded his wife and then killed himself. The tragedy was at Drumwright, an oil town, 50 miles from Tulsa, Oklahoma. The news that Secretary of State Bryan had informed the Swiss government that the United States would allow a Swiss loan to be floated in America has caused great satisfaction in official and financial circles.
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ST. LOUIS BACKERS OF TEXAS RAILROAD ARE WITHOUT CASH REPORT SHOWS BANKERS TRUST CO. MADE INVESTMENTS IN ARKANSAS. ST. LOUIS. Oct. 0.-Leen W. Quick. who was appointed receiver for the Bankers' Trust Company, which was the chief backer of the San Antonio, Uvalde & Gulf. last Tuesday, made a report today to Circuit Judge MeQuilin stating that the books of the company show direct liabilities of $1,336,740.97, with 8789 cash on hand. which has been seized by the United States revenue collector and therefore is not available top use The report states "the following companies and institutions, in which the Bankers' Trust Company is financially interested are in the hands of receivers or liquidators: San Antonio, Uvalde & Gulf Railroad Company, in the hands of receivers appointed by the United States District Court sitting in San Antonio: Cross 8 Farming Company, receiver appointed by the court of Bexar county: Bank of Wynne, Wynne, Ark., in the hands of a special agent of the State Bank Commissioner, and State National Bank of Little Rock, Ark., in process of liquida tion, under the direction of the Comp(roller of the Currency. "The books show the ownership of several tracts of real estate for which no deeds of abstracts of title are in the office of the company." Litigation pending includes suit by the city collector of St Louis against the Bankers' Company for $18,639 78 taxes in land controversy involving some 14.000 acres of land in Mississippi county, Arkansas, and against the company in Bexar county, Texas, for $11,000 by an attorney on a claim for fees,
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# SAYS BANK FAILURE # BANKRUPTED HIM Dr. F. W. Gale of Marquand Files Petition With Commissioner Here. Dr. Frank W. Gale, of Marquand, a physician and surgeon, yesterday filed a voluntary petition in bankruptcy in the U. S. District Court, showing in his schedule of assets and liabilities filed that his difficulty was due to investment in stocks now worthless of the Bankers Trust Co., of St. Louis, a defunct concern formerly run by J. E. Franklin. Dr. Gale's liabilities total $16,596.46 including many claims secured by the worthless Bankers Trust Co., paper. His assets amount to $5,166.35, and he has assets in action before the court amounting to $20,238.50. The claims that are secured by the Bankers Trust Co., stocks are no better than the unsecured claims of which there are $200 worth, so far as the value of the collateral is concerned. He owes the Bank of Madison County of Fredericktown, Mo., $2200 on a promissory note at 8 per cent interest, secured by sixteen shares of the Bankers Trust and a $1000 life insurance policy. Charles Whitener, of Zion, Mo., holds a similar note for $900, W. A. Kinder, one for $800. The Farmers Bank, of Farmington, holds a note for $2000 secured by ten shares of Miners Lumber Co. stocks and fifteen of the Bankers Trust. The lumber stocks are worth $1000. Mrs. Callie Ward, of Fredericktown, holds a promissory note for $1350 secured by a deed of trust on his homestead, and the Mississippi Valley Trust Co., of St. Louis, holds a note for $2725 secured by sixty-two shares of Bankers Trust which have been sold and there is a suit pending in Circui' Court of Madison County to recover the balance on the note.