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GIG HARBOR BANK RECEIVER NAMED Institution Has Run on Restricted Basis Since Holiday Bg Staff Correspondent GIG HARBOR, Aug. 21.-Owen appoint receiver the National Bank of Gig Harbor, according to his sister, Mrs. Austin Richardson, who says that Hughes received his from Washington yesterday. The bank has on restricted the bank holiday early the Carl Nielsen, former cashier, has been in charge as conservator. An effort was made by the stockholders to raise enough new money to open the bank going institution, and about $30,000 has been subscribed, to Edward New, chairman of committee, and the will fight Hughes' appointment, New said. The bank has at present about $165,000, with liablities of $175,000. Two Thousand Picnic More than 2,000 Peninsula people yesterday at Horseshoe 1, lake at the annual all-ag pienic. Festivities included baseball game races and The Peninsula Garden Club will meet for pienic dinner Wednesday at the home of Mrs. A. F. Plant at Rosedale. business will be held in the afternoon. The program will be charge of Mrs. Nels Tveter paper will be given on perennials in the gardent the year around. Miss Agnes DeWald, daughter of Mrs. Carl Morstrand of Wollochet, left for Colorado Saturday to resume teachin gat City. W. D. Jacobs Rosedale died at the hospital Tacoma Saturday morning. Funeral services will be held at the Rosedale church Tuesday at 2:30 o'elock with Miss Mary Jane Turner officiating. Burial will follow at the Rosedale under the of F. M. Perkins. The to eral years ago from Puyallup, where he was the Northern Pacific station agent for years. He survived by son, Donald, and by a sister and brother in Kelso. The ferries of the Washington Navigation will operate on standard time, beginning today. The Gig Harbor of the Washington Co-operative Egg & Poultry Association will be closed all day Saturday the future to follow the 40-hour week for employes under the NRA code. Mrs. C. Granger, who has recently moved to Ellensburg, was in Gig Harbor over the week-end looking after property here. Mrs. Thomas and daughter and Mrs. L. Zorich of San Pedro and Mrs. Burke of Torrence, were recent visitors at the J. Cosulich home. Miss Thurston visiting at the home of Mrs. C. C. Newman in Tacoma.