47cabdc7Full suspension, Books examined
Other: Receiver appointed; litigation to collect assets and suits by creditors mentioned. Possible reopening discussed but not confirmed.
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RECEIVER IS CHOSEN FOR MARCELLUS BANK CASSOPOLIS, Mich., March 19.Jesse M. Bilderback, Dowagiac, was appointed receiver for the First State Savings bank. Marcellus. by Judge L. Burget Des Voignes. Bilderback will furnish $50,000 security bond next week. L. J. O'Brien, state banking commissioner, will be in interim charge. When you say cigars- say Dutch Masters. 45tf
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# SAYS BANK CREDITORS # WILL BE PAID IN FULL DOWAGIAC. Mich., April 20.- Receiver Jesse N. Bilderback, for the First State Savings bank, Marcellus, closed by Michigan bank examiners, said creditors would receive 100 cents on the dollar and the bank probably will be reopened. Bilderback has brough suit against F. E Sperry to force collection of $1,500 he said the latter obtained from the bank on an unsecured note. The receiver said other suits would follow in which debtors obtained money with no other indorsements except their own. The Jones Cooperative society. and three other creditors of the defunct Farmers & Merchants bank, who have sued the Marcellus bank for $15,000, alleging it controlled the other bank, have been notified they must file their claims to share in the assets of one bank or the other. Should the creditors file claims against the Marcellus bank, and that institution prove it had no connection with the Jones bank, Receiver Bilderback said the creditors would be precluded from sharing in the assets of the Jones bank. The latter institution will realize from 40 to 50 per cent on savings since Ernest G. Stanard and Walter C. Jones, partners in the banking venture, have swelled assets nearly $15,000 by assigning their real estate holdings.
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BEGIN HEARING OF SUIT AGAINST DEFUNCT BANK CASSOPOLIS, May 16. - Hearing of the suit of Calvin Jones, Jones, Mich., farmer against the First State Savings bank of Marcellus, now in the hands of a receiver, for $15,000, started here Monday before Circuit Judge L. B. Des Voignes and jury. Jones went into court as trustee and assignee for the Jones Cooperative Society, George W. Rumsey, William Irvin and Frank Everhard, all creditors of the Farmers and Merchants bank of Jones that failed a year ago. The creditors allege that the Jones bank was a branch of the Marcellus bank. Attorneys for the bank objected to more than one suit against it tried at the same time and the court ordered a severance of the plaintiffs. the Calvin Jones claim beBy bringing suit the creditors foring heard alone. feited their right to share in the assets of the Jones bank,
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JURY DISAGREES IN $15,000 BANK SUIT CASSOPOLIS, May 20-The jury hearing Calvin Jones' claim for $15,000 from the First State Savings bank, Marcellus, now in the hands of the receiver, reported a disagreement after closeted six hours. Jones with other creditors of the Farmers & Merchants bank. Jones, Mich., that failed, contended the Marcellus bank was the parent institution. Depositors of the Marcellus bank withdrew their money when the $15,000 suit was filed causing It to close down Pres't Sol Stern said, Receiver J. N. Bilderback believes the bank soon will be out of insolvency and a pesition by directors to resume business may be made.
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home in Royal Oak township, last December. This is the fourth suit to be field as a result of the accident, which is blamed to mixing kerosene and gasoline in the company's tanks, a total of $278,000 damages being asked thus far. Seven other suits are expected to be filed for $50,000 each. Henry Lancour of Perkins, Delta county, candidate for the Republican nomination for sheriff, was found guilty of violating the prohibition law by a jury in federal court in Marquette. If he does not withdraw from the race he will have to direct his campaign from the Detroit house of correction, as Judge C. W. Sessions sentenced him to serve six months. He was convicted of selling moonshine. "I have come to your home to die," Matthew Barrett told his aunt, Mrs. Kalman Burma, Flint, when he arrived from Chicago. Mrs. Burma thought he was joking. The next morning she found his body hanging in an archway in her home. He had hanged himself with a towel. Barrett leaves a widow and four children. He was 25 years old and had recently suffered a nervous breakdown. The jury hearing Calvin Jones's claim at Cassopolis for $15,000 from the First State Savings bank. Marcellus, now in the hands of the receiver, reported a disagreement after being closeted six hours. Jones with other creditors of the Farmers and Merchants bank, Jones, Mich., that failed, contended the Marcellus bank was the parent institution. The trial of Swan Alfred West. former bookkeeper of the Michigan state branch prison at Marquette, charged with embezzling funds entrusted to his care, began in circuit court, with Judge Richard C. Flannigan, of Norway, presiding. The case grew out of an investigation more than a year ago, when 12 indictments were returned. Thomas Bobinac, Lansing, an Austrian who has lived in the United States for 12 years, was given 30 days by Circuit Judge C. B. Collingwood in which to leave the country. Bobinac, who had taken out his first papers, pleaded guilty to violating the liquor laws. Stanley, 3-year-old son of Mr. and Mrs. Frank Solinski, of Bay City, fell from a second story window of a hotel, landing on his head on the cement sidewalk He was taken to a hospital where his condition is serious. Alleging that a dam, placed in the outlet of Pork Barrel Lake. Oakland County, has caused flooding of his land, Herman Rublitius has sued for an injunction to compel Howard C. Stewart to lower the dam. Ray Witney, 28, carpenter, Lakeside, Mich., was taken into custody by Sheriff Gessner, of Monroe, charged with the possession of 130 bottles of beer. He waived the examination and furnished a $1,000 bond. Henry Hull, 50 years old, and AlonZO Allen, 60 years old, were killed instantly on the D. U. R. crossing near Goodrich when their roadster was struck and demolished by a Flint-Detroit car. The public utilities commission has ordered the Detroit & Ironton railroad station at Scofield re-opened. The station was closed before Henry Ford came into control of the railroad. Seized with a fainting spell, John Popjciaki, 50, Grand Rapids street car company employe, staggered and fell in front of an automobile driven by A. C. Snyder and was instantly killed. Mr. and Mrs. Garrett Zantger, 71 and 61 respectively, residing at 1119 Johns street, Kalamazoo, are the parents of a six and one-half pound daughter. Loomis K. Preston, St. Joseph attorney, has entered the race for election to the state house of representatives from the first district of Berrien county. | Every building, with the exception of the chapel, comprising the state hospital for insane in Pontiac, contains fire hazards, a report made by Inspector Charles V. Lane to Roy C. Vandercook, commissioner of public safety, says. The Iron Mountain sportsmen's association will make special efforts to
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sioner of public safety, and Attorney General Merlin Wiley, a detachment of state police was ordered to accompany Dr. George Ramsey, deputy state health commissioner, to Ontonagon with instructions to virtually take over the village government. According to reports that reached Lansing, the village administration has refused to take the precautionary steps in the face of a typhoid fever epidemic. Mrs. Victor Waken has filed suit for $100,000 against the Standard Oil company for injuries to herself and loss of her husband in the explosion of gasoline which wrecked their farm home in Royal Oak township, last December. This is the fourth suit to be field as a result of the accident, which is blamed to mixing kerosene and gasoline in the company's tanks, a total of $278,000 damages being asked thus far. Seven other suits are expected to be filed for $50,000 each. Henry Lancour of Perkins, Delta county, candidate for the Republican nomination for sheriff, was found guilty of violating the prohibition law by a jury in federal court in Marquette. If he does not withdraw from the race he will have to direct his campaign from the Detroit house of correction, as Judge C. W. Sessions sentenced him to serve six months. He was convicted of selling moonshine. "I have come to your home to die," Matthew Barrett told his aunt, Mrs. Kalman Burma, Flint, when he arrived from Chicago. Mrs. Burma thought he was joking. The next morning she found his body hanging in an archway in her home. He had hanged himself with a towel. Barrett leaves a widow and four children. He was 25 years old and had recently suffered a nervous breakdown. The jury hearing Calvin Jones's claim at Cassopolis for $15,000 from the First State Savings bank, Marcellus, now in the hands of the receiver, reported a disagreement after being closeted six hours. Jones with other creditors of the Farmers and Merchants bank, Jones, Mich., that failed, contended the Marcellus bank was the parent Institution. The trial of Swan Alfred West, former bookkeeper of the Michigan state branch prison at Marquette, charged with embezzling funds entrusted to his care, began in circuit court, with Judge Richard C. Flannigan, of Norway, presiding The case grew out of an investigation more than a year re000 ago, when 12 indictments were turned. Thomas Bobinac, Lansing, an Austrian who has lived in the United States for 12 years, was given 30 days by Circuit Judge C. B. Collingwood in which to leave the country. Bobinac, who had taken out his first papers, pleaded guilty to violating the liquor laws. Stanley, 3-year-old son of Mr. and Mrs. Frank Solinski, of Bay City, fell from a second story window of a hotel, landing on his head on the cement sidewalk. He was taken to a hospital where his condition is serious. Alleging that a dam, placed in the outlet of Pork Barrel Lake, Oakland County, has caused flooding of his land, Herman Rublitius has sued for an injunction to compel Howard C. Stewart to lower the dam. Ray Witney, 28, carpenter, Lakeside, Mich., was taken into custody by Sheriff Gessner, of Monroe, charged with the possession of 130 bottles of beer. He waived the examination and furnished a $1,000 bond. Henry Hull, 50 years old, and Alonzo Allen, 60 years old, were killed instantly on the D. U. R. crossing near Goodrich when their roadster was struck and demolished by a Flint-Detroit car. The public utilities commission has ordered the Detroit & Ironton railroad station at Scofield re-opened. The station was closed before Henry Ford came into control of the railroad. Seized with a fainting spell, John Popjciaki, 50, Grand Rapids street car company employe, staggered and fell in front of an automobile driven by A. C. Snyder and was instantly killed.
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The jury hearing Calvin Jones's claim at Cassopolis for $15,000 from the First State Savings bank, Marcellus, now in the hands of the receiver, reported a disagreement after being closeted six hours. Jones with other creditors of the Farmers and Merchants bank, Jones, Mich., that failed, contended the Marcellus bank was the parent Institution.
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The jury hearing Calvin Jones's claim at Cassopolis for $15,000 from the First State Savings bank, Marcellus, now in the hands of the receiver, reported a disagreement after being closeted six hours. Jones with other creditors of the Farmers and Merchants bank, Jones, Mich., that failed, contended the Marcellus bank was the parent institution.