Reed City National Bank (Reed City, MI)

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HART'S BABY TROUT GO TO PENTWATER, BALDWIN

HART. Mich., May 31.-Fingerling brook trout at the Hart fish hatchery maintained by the state department of conservation are being moved to rearing ponds. Most of the two-inch minnows already have been taken to the feeding stations on the north branch of the Pentwater river and Baldwin, and 150,000 are now being moved to the south branch of the White river near White Cloud where the department maintains one rearing pond. There are still about 75,000 baby trout left in the troughs at the Hart hatchery and the disposition of these has not yet been decided. For the first time in the history of the local plant no trout will be kept here this summer in the ponds in Brooks creek and 'it is probable that the hatchery will be closed entirely, according to Erwin Moody, superintendent of the plant.

Names New Bank Receiver. REED CITY, Mich., May 31 (P)-Phillp Holman, of New Cumberland, W. Va., has been appointed by the comptroller of currency at Washington to succeed J. Garver Bly, of Allegan, as receiver for the Reed City National bank, which was closed in May, 1929. Mr. Bly resigned recently after his automobile had been seized on a writ; of attachment to satisfy a debt he was said to have owed to the bank.

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BANK RECEIVER ADMITS ALLEGAN FUND SHORTAG

Allegan. Mich., June Garver Bly, former receivfor the First National bank of Allegan and the Reed City National bank, who was arraigned Wednesday in Kalamazoo on a charge of irregularity in handling bank funds, admitted yesterday there is shortage in the Allegan the time he 60 At same that the bank would not suffer because bonding company will cover the loss. the A1"There shortage in legan account which will be made good as soon as the amount is determined his statement said. "Depositors of the defunct bank will lose am bonded in the amount of $75,000." Bly was ousted recently as receiver for both banks.

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BANK RECEIVER ADMITS SHORTAGE IN ACCOUNTS

Bonding Company Will Cover At Allegan Institution, Man Explains Court

June 13 Garver former receiver for the First tional bank of Allegan and the Reed City National raigned Kalamazoo irregularity in handling the Allegan bank. same he promised not bondcover the Allemade the the defunct will bonded amount of Bly ousted recently receiver both banks.

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Bonding Firm To Cover Loss Of Bank Receiver

(By The Associated Press)

Allegan, Mich., June 13—J. Garver Bly, former receiver for the First National bank of Allegan and the Reed City National bank, who was arraigned Wednesday in Kalamazoo on a charge of irregularity in handling bank funds, admitted Thursday there is a shortage in the Allegan bank.

At the same time, he promised that the bank would not suffer because a bonding company will cover the loss.

"There is a shortage in the Allegan account which will be made good as soon as the amount is determined" his statement said. "Depositors of the defunct bank will lose nothing, as I am bonded in the amount of $75,000."

Bly was ousted recently as receiver for both banks.

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ACCUSED BANK RECEIVER FACES SECOND WARRANT

Reed City, Mich., June for the Reed City National Bank and the First National Bank of legan, facing charges bank day was second warrant. issuance check. complaint signed Alfred Stevens, has the warrant Bly, under $5,000 left Michigan and now visiting in Indianapolis

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FORMER BANK RECEIVER FACES NEW CHARGES

Reed June Garver former for the Reed City National bank and National bank of already charges handling bank funds, yesterday was in this of worthless check. complaint signed by Alfred manager hotel has been the under $5,000 bonds, has Michigan now is visiting

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BANK RECEIVER FACES BAD CHECK CHARGES

REED CITY, June 14 Garver Bly, former receiver for the Reed City National bank and the First National bank of Allegan, already facing charges of of bank funds, Friday named in second warrant, this one charging issuance of worthless check. The complaint signed by Alfred Stevens, manager of hotel here. It has been impossible to serve the warrant as Bly, under has left Michigan and now visiting in Indianapolis.

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BANK RECEIVER NAMED IN THREE TRUE BILLS

Grand Rapids, Nov. 7-(P)-Three true bills, embracing 14 charges of embezzlement, abstraction, and misapplication of funds, were returned Thursday by the federal grand jury in true bill against G. Garver Bly, former for the defunct First National bank of Allegan and the Reed City National bank. An aggregate of $10,000 alleged to be involved in the counts.

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BANK RECEIVER GUILTY IN EMBEZZLING CHARGE

Grand Rapids, Nov. (By Garver Bly. former refor the First National bank of Allegan and the Reed City National bank. pleaded guilty yesterday in federal court to several of 14 counts of embezzlement, abstraction and misapplication of funds. Other counts are to be dismissed. Bly, who previously had pleaded not guilty to all the counts, will be sentenced Thursday.

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BANK RECEIVER PLEADS GUILTY TO EMBEZZLING

Grand Rapids, Nov. Garver former receiver for the First Allegan and Reed City National bank, pleaded guilty yesterday in Federal court to several of the 14 counts of embezzlement, and misapplication of funds. Other counts are to be dismissed. Bly, previously had pleaded not guilty the counts, be sentenced Thursday.