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Receiver for Trust Company. Charleston, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust company of Montgomery, W. Va., on the application of President Champe and Vice President Simras, who alleged that Cashier McCormick had misappropriated funds, making the bank insolvent. Liabilities $50,000; assets $15,000, of which only $1,500 is in cash. Missing notes and security amount to $62,000.
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RECEIVER ASKED FOR. West Virginia Banker Accused Cashier of Misappropriating 860,000. Montgomery, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust Company on the application of the president. who alleges that Cashier McCormick misappropriated funds, making the bank insolvent. and that the missing notes and securities amount to $62,000.
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TRUST COMPANY FAILS. Charleston, West Va., Sept. 29.-A receiver was appointed for the Montgomery Banking Trust Co. of Montgomery, West Va. The cashier had misappropriated the funds, making the bank insolvent. There is $62,000 missing.
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BANKING & TRUST CO. CLOSES ITS DOORS. Montgomery, Fayette County, the Scene of a Business Failure. Special to the Register. CHARLESTON, W. Va., September 28.-The Montgomery Banking & Trust Company, of Montgomery, Fayette county, closed its doors to-day. L. E. McWhorter, of this city, was appointed receiver. No particulars can be obtained as to its assets or liabilities. It had a capital stock of $25,000.
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INSOLVENCY OF WEST VIRGINIA BANK. Charleston, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust Company of Montgomery, W. Va., on the application of President Champe and Vice-President Simras. who allege that the cashier misappropriated funds, making the bank insolvent. Llabilities are stated to be $50,000; assets, $15,000. of which only $1,500 is cash. Missing notes and securities amount, It is alleged, to $62,000.
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Cashier Wrecks a Bank. MONTGOMERY, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking and Trust company, on the application of President Shampe and Vice President Simnas, who alleged that Cashier McCormick had misappropriated funds of the bank, making it insolvent. Liabilities, $50,000; assets, $15,000, of which only $1,500 is cash. Missing notes and securities amount to $62,000.
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RECEIVERS APPOINTED For the Kanawha Traction & Electric Company-Follows Montgomery Bank Failure. CHARLESTON, W. Va., September 29.-The collapse of the Montgomery Banking and Trust/Company yesterday was followed to-day by the appointment of receivers for the Kanawha Traction & Electric Company, which has been building an electric railroad through Fayette county. The officers of the bank areistockholders in the Traction company. The receivers are George S. Couch, of this city, and George S. Wallace, or Huntington. The bank has not yet been opened. The officers stated to-day that the depositors would be paid in full.
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Receivers for Traction Company. Charleston, W. Va., Sept. 30.-The collapse of the Montgomery Banking and Trust Company Friday was followed yesterday by the appointment of receivers for the Kanawha Traction and Electric Company which has been building an elecMe railroad through Fayette county, The officers of the bank are stockholders in the traction company. The bank has not > been opened. Its officers stated yestenday that the depositors would be paid in full.
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A Bank In Trouble. A receiver has been appointed for the Montgomery Banking and Trust Company of Montgomery W. Va., on the application of President Champe and Vice-President Simras, who alleged that the cashier misappropriated funds making the bank insolvent. Missing notes and securities amount it is alleged to $62,000.
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Montgomery Bank Insolvent. Montgomery, W. Va., Sept. 29.-A receiver has been appointed for the Montgomery Banking & Trust Co. on an application from the president, who alleges that Cashier McCormick misappropriated the funds, making the bank insolvent. Missing notes and securities amount to $62,000.
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Over $60,000 is Missing. Montgomery, W. Va.: A receiver has been appointed for the Montgemery Banking and Trust Company on application of the president who alleges the cashier, McCormick, misappropriated funds, making the bank insolvent. Themissing notes and securities amount to $62,000.
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A Bank Robbery. A receiver has been appointed for the Montgomery Banking Company, at Montgomery, Fafette county, this state. This bank started in 1897 with a capital of twenty-five thousand dollars, and it is alleged that its cashier has made way with sixty-two thousand dollars of its funds, leaving but fifteen hundred dollars on hand. As the result of an examination of the books of the suspended Montgomery Banking and Trust Company E W McCormick, its late cashier, was on Wednesday placed under arrest on a warrant sworn out by the bank's president, George W Champe, charging him with embezzlement.
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A receiver has been appointed for the Montgomery Banking Company, at Montgomery, Fayette county, this State. This bank started in 1897 with a capital of $25,500, and it is alleged that its cashier has made way with $62,000 of its funds, leaving but $1,500 on hand. As the result of an examination of the books, E. W. McCormick, its late cashier, was placed under arrest on a warrant sworn out by the bank's president, George W. Champe, charging him with embezzlement.