Citizens National Bank (Wayne, NE)

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CITIZENS TO RECEIVER

Failed Open Doors Wednesday Morning After Examiner Made Report Directors.

Late Tuesday afternoon became known to people that all well with the Citizens National Bank of this that the directors had sent to have an examiner come few days before that they might feel satisfied to their standing official uninvited. As the his class paper held assets, two alternatives appeared solution. One sufficient stock to make good the frozen assets, estimated require the sale of about $75,000 worth stock, with which reorganization could be made to take over the assets and Habilities of present bank and continue business. other the appointment of receiver. hurried canvas of the situation made seem that the first course could not be followed, and the doors were closed and the examiner placed charge of the bank until receiver appointed and takes charge. The Democrat has learned well possible the condition of the bank, and compared with most bank failures not counted wholly hopeless case for they cannot expect full return of their deposits, the percentage depending upon what may be secured on the frozen assets, cost of securing what may be had. One in position to know, that there has not been uncovered crooked dishonest work that plicates the present officers or tors but that some loans had not to be the best. Hopeful attitude expressed that depositors might time receive substantial dividend. To be sure, there are others who contend that there may have been things not strictly good form. but nothing that was any manner implicating the bank.

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To Kiwanis

McRoberts Urges of Golden Rule All Dealings.

Explains His Work

Tells of Manner Which National Bank Are Conducted.

McRoberts, receiver of the closed Citizens National bank Wayne, spoke to Kiwanians Monday following noonday luncheon, on the subject of Golden Rule in He explained about the appointment of national bank receivers and their duties. Nothing will solve difficulties between between tions, asserted Mr. application of the golden Mr. McRoberts receiver for banks in Pilger, Schuyler and Carroll, besides here. has just been appointed to take charge bank at Knoxville, also. Receivers by the comptroller of the currency and they are because of manifested ability and efficiency. In past held his years position by political favor. Merit choice. Mr. McRoberts also explained that one man can handle several banks when they close enough are together. This increases the dividends to be given depositors. The men in charge of the bank liquidate all the paper possible to the time take to finish any bank's business thus varies the receivers try pay depositors as nearly in full possible. Attorney's fees in national bank cases now fixed. This reduces expense. McRoberts ciation the cordial and Mrs. McRoberts given in Wayne.

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ALBION CROW HUNTER BRINGS IN BIG EAGLE

(Special)While hunting crows southwest of Albion. Robert Daigh shot an eagle weighing 25 pounds and with a wing spread of feet. The huge bird was roosting in the trees with crows and it was with the intention of killing crows that Daigh shot This is the second eagle to be shot in Boone county in the last month

COURT ORDERS INSURANCE MONEY PAID TO WIDOW Lincoln. Neb. (Special)In spite of the fact that the Modern Woodmen never issued policy of insurance tax on the life of James P. Mickelsen. Wheeler county farmer, payable to his wife the supreme court says it must pay her $2,000 She was his second wife. and just before his fatal illness he sent in to the head office policy made out in favor of his children. to have it changed in favor of his wife, but died before it could be Issued The children said she could have the money so far as they were concerned. but the order was afraid to pay it to her as long as the policy favoring the children was outstanding

The supreme court says that in spite of the fact that the policy to the children was not involved in this case, the fact that they were summoned to appear and made parties defendant and did not defend. gives the court jurisiction over the whole matter and that payment to the widow will extinguish all 11ability on the man's life

GUEST COMMITS SUICIDE IN HOME OF FRIEND (UP)-Jac Phillips. 24 years old. traveling salesman shot and killed himself in the apartments of R. O Lipton here today according to police reports made to Coroner Steinwender Lipton said he had met Phillips outstate and, seeing him on the street last night. invited him to stay at his home Mrs. Lipton was in the This morning while talking to his wife over the telephone Lipton said Phillips sent a bullet through his temple He died en route to a Police learned that Phillips had just been discharged from hospital at Kearney His parents are said to live at Oakland. Ia.

CLOSED WAYNE BANK TO PAY THIRD DIVIDEND

Wayne George G Oronkleton receiver of the Citizens National bank. of Wayne announces that third dividend of 10 per cent. is available to creditors This payment will bring the total payment of dividends to 80 per cent. The cost of collections has been only 3.6 per cent. on the entire amount collected Interest collected since the bank has suspended business has practically paid all the costs of receivership lacking approximately $600. The total amount collected to date is $405,216 and the remaining assets amount to

SPILLMAN TO MAKE USE OF THE RADIO torney General O. S. Spillman. republican candidate for United States senator. announced here today that he will go on the air for the balance of his campaign The following itinerary was given out

Friday. April 6. station KFNF night he will speak at mass meeting in Grand Island Saturday April 7. Station WJAZ Norfolk at noon Monday. April 9. station KFAB Lincoln at 6:30 p. m., station WOW. Omaha, 10 p. m.

RECEIVES PAY FOR

HER STOLEN CHICKEN

(Special) -A check for $34.57 has been recelved by Mrs. Charles Duncan for chickens stolen while the family was away from home. She put the case in the hands of Sheriff Smith who found that the chickens had been sold in Platte Center and Creston. The thieves were apprehended. arrested and confined in jail at Columbus. The money was collected from them and sent to Mrs. Duncan.

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CLOSED WAYNE BANK TO PAY THIRD DIVIDEND Neb., George G. Cronkleton, receiver of the Citizens National bank. Wayne, announces that third dividend of 10 per cent. available to creditors. This payment will bring the total payment of dividends to 80 per cent. cost of collections has been only on the entire Interest the bank has suspended business has practically paid all the costs lacking ap$600. The total amount collected is and the assets amount $208,532.27

SPILLMAN TO MAKE USE OF THE RADIO Lincoln. Neb., torney General Spillman, republican candidate for United States senator, announced here today that he will go on the air for the balance of his campaign. The following itinerary was given station KFNF. Shenandoah. Ia., at noon. Friday night he will speak mass meeting in Grand Island. Saturday Station at noon. Monday, April station KFAB. Lincoln. 6:30 m., station WOW. Omaha,

RECEIVES PAY FOR

HER STOLEN CHICKEN

(Special) check for has been celved by Mrs. Charles Duncan for chickens stolen while the family from home. She put was away the case in the hands of Sheriff Smith who found that the chickens had been sold in Platte Center and Creston. The thieves were apprehended. arrested and confined in Columbus. The money collected from them and sent Mrs. Duncan.

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CLOSED WAYNE BANK TO PAY THIRD DIVIDEND Wayne. Neb., (Special)George Cronkleton. receiver the Citizens National bank, Wayne. that third dividend of 10 per cent. available to This will bring the total payment of dividends to cent. The cost of collections has been only per on the entire amount collected. Interest collected the bank has suspended business has practically paid all the costs of lacking approximately $600. The total amount collected to date is the remaining assets amount to

TO MAKE USE OF THE RADIO Lincoln, Neb., tornev General Spillman, publican candidate for United States senator, announced here tedav that he will RO on the air the balance of his campaign. following itinerary was given Fridav, April station KFNF Rhenandosh. at noon. Friday night he speak mass meetin Grand Saturday April Station WJAZ. at noon. Monday, Anril station KFAB station WOW. Omaha,

RECEIVES PAY FOR

HER STOLEN CHICKEN

Madison. Neb. (Special) check for $34.57 has been celved by Mrs. Charles Duncan for chickens stolen while family away from home. She put the hands of Sheriff case Smith who found that the chickens been in Platte Center and The thieves were apprehended. arrested confined The money from them and sent Duncan.

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CLOSED WAYNE BANK TO PAY THIRD DIVIDEND Neb., George receiver the Citizens National bank. Wayne, announces that third dividend of 10 per cent. available to creditors. This payment will bring the total payment of dividends to per cent. The cost of collections has been only per cent. the entire amount collected Interest collected since the bank has business has practically paid all the costs of lacking approximately $600. The total amount collected to date is and the remaining assets amount to $208,532.27.

SPILLMAN TO MAKE USE OF THE RADIO torney General Spillman. publican candidate for United States senator, announced here today that he will on the air for the balance of his The following itinerary was given out: station KFNF Shenandoah at Friday night he will speak mass meeting in Grand Saturday April Station WJAZ. at Monday April station KFAB Lincoln. at 6:30 station m., WOW, Omaha,

RECEIVES PAY FOR

HER STOLEN CHICKENS

Neb. (Special) check for $34.57 has been ceived by Mrs. Charles Duncan for chickens stolen while the family was away from home. She put the case the hands of Sheriff Smith who found that the chickens had been sold Platte Center and Creston. The thieves were apprehended. arrested and confined fall at Columbus The money was collected from them and sent Duncan.

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CLOSED WAYNE BANK TO PAY THIRD DIVIDEND Wayne. Neb., (Special)George Cronkleton, receiver the Citizens National, bank, Wayne. announces that third dividend of 10 per cent. is available to creditors This payment will bring the total payment of dividends to per cent. The cost of collections has been 3.6 per cent. on the entire amount collected Interest collected since the bank has suspended businews has practically paid all the costs receivership, lacking approximately $600. The total amount collected to date and remaining amount to $208,532.27.

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CLOSED WAYNE BANK TO PAY THIRD DIVIDEND Wayne. Neb., (Special)George G. Cronkleton. receiver of the Citizens National bank. Wayne. announces that third dividend of 10 per cent. available to creditors. This payment will bring the total payment of dividends to per cent. The cost of collections has been only 3.6 per cent. on the entire amount collected. Interest collected since the bank has suspended business has practically paid all the costs of lacking ap$600. The total collected to date is and the assets amount to

SPILLMAN TO MAKE USE OF THE RADIO Lincoln. torney General Spillman. republican candidate for United States here today that will on the air the of his campaign. The following itinerary was given out: station KFNF. at noon. Friday he will mass meeting in Grand Island. Saturday April Station WJAZ. Norfolk. at noon. Monday. April station KFAB. Lincoln. 6:30 m., station WOW, Omaha,

RECEIVES PAY FOR

HER STOLEN CHICKENS

Madison. Neb. (Special) check for $34.57 has been celved by Mrs. Charles Duncan for chickens stolen while the family was away from home. She put the case in the hands of Sheriff Smith who found that the chickens been sold in Platte Center and Creston. The thieves were apprehended. arrested and confined in Columbus. The money was collected from them and sent to Mrs.

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COURT ORDERS INSURANCE MONEY PAID TO WIDOW Neb., In spite of the that the Modern Woodmen never issued policy of insurance tax on the life of James Mickelsen, Wheeler county farmpayable to his wife, the supreme court says must pay her $2,000. She was his second wife, and just before his fatal illness he sent in to the head office policy made out in favor of his children. to have changed in favor of his wife, but died before could be issued. The children said she could have the money far they were concerned. but the order was afraid to pay to her long the policy favoring the children was outstanding.

The supreme court says that in spite of the fact that the policy the children was not involved in this case, the fact that they were summoned to appear and made parand did not defend. gives the court jurisiction over the whole matter. and that payment to the widow will extinguish all 11ability on the man's life.

GUEST COMMITS SUICIDE IN HOME OF FRIEND Philyears traveling man, shot and killed himself in the apartments Lipton here day, according police reports made to Coroner Steinwender Lipton said he had met Phillips outstate and. seeing him on the street last night, invited him to his home. Mrs. Lipton was in hospital. This morning while talking to his over the telephone, Lipton said. Phillips sent bullet through his temple. He died en route to hospital. Police learned that Phillips had just been discharged from hospital at Kearney His parents are said to live at Oakland, Ia.

CLOSED WAYNE BANK TO PAY THIRD DIVIDEND (Special)George G. Cronkleton. receiver of Citizens National bank. of Wayne, announces that third dividend of 10 per cent. is available to creditors. This will bring the total payment of dividends to 80 per cent. The cost of collections has been only per cent. on the entire amount Interest since the bank has suspended business has practically paid all the costs of receivership. lacking approximately $600. The total amount collected to date is $405,216.1 and the remaining assets amount to

SPILLMAN TO MAKE USE OF THE RADIO torney General Spillman. publican candidate United States senator, announced here today that he will go on the air for the balance his campaign. following itinerary was given out

Friday. station at noon. Friday night he will speak mass meeting in Grand Island April Station WJAZ, at noon. Monday. April station KFAB. Lincoln at 6:30 m., station WOW. Omaha, 10

RECEIVES PAY FOR

HER STOLEN CHICKENS

Madison. Neb. (Special) check for has been ceived by Mrs. Charles Duncan for chickens stolen while the family away from home. She put the case in the hands of Sheriff Smith who found that the chickens had been sold in Platte Center and Creston. The thieves were apprehended arrested and confined in jail at Columbus. The money was collected from them and sent to Duncan.

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CLOSED WAYNE BANK TO PAY THIRD DIVIDEND Neb., (Special)George Cronkleton. receiver of the Citizens National bank of Wayne. that third dend of 10 per cent. available to creditors This will bring the total payment of dividends to cent. The cost of collections has been only 3.6 per cent. on the entire amount collected Interest collected since the bank has suspended business has practically paid all the costs of receivership. lacking approximately $600. The total amount collected to date and remaining assets amount to