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SECURITY BANK OPENING NEAR COMPLETION
Greenwood Bank & Trust National Openings Soug
Greenwood Bank Trust Company Depositors Asked to Sign Agreement
With plans for re-opening appearing bright this afternoon as auditors continued checking over the affairs of the bank, deposits Greenwood Bank and Trust Company are being asked to sign proposed agreement which leave their deposits in the bank for period of three years, with ten per cent payable immediately, 20 percent in one year, 30 per cent in two years and 40 per cent in three years. W. Clements has been asked by the officials of the bank take charge the work signing up the more than 2,000 depositors, and will begin work immediately to secure the signatures. The agreement which the depositors will be asked to sign reads as follows: or we, the undersigned depositors in the Greenwood Bank Trust Company, of Greenwood, Mississippi, do hereby event Bank Trust Comreopened for business, another banking organized to domicled at Greenwood, in Leflore county, Mississippi, assume the deposit liability the Greenwood Bank Trust Company, payable 10 per cent cash, and the balance 20 per cent within one year, 30 per cent within two years and 40 per cent within three years, the understanding being that these certificates paid off as much in advance the designated dates as is consistent with sound conservative banking, the said certificates to bear no interest until after maIf the assets of the bank prove be as satisfactory as believed, the re-opening will probably be effected as soon the depositors can be signed up. With the efforts of the Greenwood Bank Trust Company begin business, directors the First National and the Greenwood Savings Bank are working diligently on-plans which have for their object the re-opening those banks which closed Satur-
Plans for reopening of the Security Bank Trust are almost completed and the date of re-opening is expected to announced in short time. Cards bearing the agreement of the depositors the Greenwood Bank Trust Co. are ready and the deposors will find them at the following places for signatures, in addition the bank: Roberts Drug Store, Post Office Safe, Barrett's Drug Store, John Quinn's Drug Store, Dyre's Store, O'Reilly's Cash Store, DeBoe's Grocery, Greenwood Drug Speed in signing is urged for quicker cards are signed sooner the Greenwood Bank & Trust Company can open.
TACKS LATTIMER FREED COLUMBUS, O. (AP) W. (Tacks) Lattimer, big league baseball received player, Christmas pardon from penitentiary today from Governor Cooper. Lattimer was serving life second degree murder. The was personally presented to Lattimer by the Governor. Lattimer had been cited a hero in break of 13 members of the notorious Company bad boys" Nov. 1926, prison when he seized gun and went to the aid of the guards.
WEST POINT BANK PAYS DIVIDENDS WEST POINT At meetof the directors the of West Point, held Monday morning, the regular annudividend per cent was declared. Under the state law, was necessary to add per cent of this surplus, and checks were being to stockholders today for the remaining per cent. Mr. Ivy, chairman of the board, expressed satisfaction with the showing made for the year. The bank doesn't owe penny and faces the new year with confidence.
FATHER AND SON DIE CROSSING CRASH RULEVILLE, Miss. Crowder, of Kilmichael, and his son, Willie, 21, were killed afternoon at 1:40 one mile north of here their truck was struck by passenger train. Mr. Crowder and his son, prospective tenants on the Patridge plantation near here, were unfamiliar with the schedule of the train and their visibility was impaired because the truck cab was closed up. They were moving their household furnishings from Kilmichael The truck was demolished. The bodies were taken to undertaking establishment Cleveland. Funeral services will probably be held tomorrow.
