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AFFAIRS TO DOWER. Middletown, Jan. 4.--The stockholders of the Middlesex Banking company today voted to turn over the affairs of the company to John L. Dower, state building and loan commissioner, for settlement. This action will be taken within a few days. Mr. Dower, it is expected, will make application for a receiver. The company owns about 68,000 acres of land in the Dakotas.
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MIDDLESEX BANK IN HANDS OF RECEIVERS Commissioner Dower and Judge Robinson Appointed to Look After Affairs of Middletown Institution. Hartford, Jan 18.-John E. Dower of this city, the state building and loan commissioner. and Judge Silas A. Robinson of Middletown were appointed temporary receives of . the Middlesex Banking company of Middletown by Judge Joseph P. Tuttle of the superior court in this city today. Bonds were fixed at $30,000. A hearing on the confirmation of the appointment and for the appointment of appraisers was set for Friday, February 5, at 11 a. m., before Judge Gager in the superior court at Middletown. Bondholders of the company who made the application for a receiver were Anna J. Brackett, Henry P. Smith, Florence H. Herman, Jerome W. Wilson, all of Hartford, and bondholders in Waterbury and elsewhere in the state, all represented by Stewart W. Dunning of Hartford and Howard B. Snow of Waterbury, as attorneys. The Middlesex Banking company has been doing a business of selling collateral debenture bonds, collateral instalment bonds and so-called income bonds, loaning the money so received on property in the west. Attorney Frank D. Haines, of Middletown, counsel for the banking company gave his private opinion that the assets were about $8,000,000 and the liabilities $3,000,000 mortgage notes negotiated, indorsed in blank, and other items which made the books show about $8,000,000 liabilities.
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Receivers For Middlesex Banking Co. Middletown, Conn. Feb. 5.-John L. Dower, state building and loan commissioner, and Judge Silas A. Robinson were today appointed by Judge Gager in the superior court permanent receivers for the Middlesex Banking company of this city. Arthur In Allen of Middletown and Howard B. Snow of Waterbury were appointed appraiser's. The company is going into liquidation.
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Dower Returns From Southern Trip With His Reappointment Hartford, Feb. 26-Building and Loan Commissioner John L. Dower returned yesterday from a three weeks trip to the south and west. Mr. Dower and Judgel Silas A. Robinson, of Middletown, are receivers of the Middlesex Banking company of Middletown, and during his trip Mr. Dower procured their appointment in six different states-Minnesota North Dakota, South Dakota, Mississippi, Louisiana and Colorado as auxiliary receiver of the Realty Investment company, subsidiary to the Middlesex Banking company. In each case Mr. Dower appeared before the state court accompanied by a lawyer of the state and met with no obstacles in securing appointment.
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DOWER SECURES APPOINTMENT. and Hartford, Feb. 26.-Building Loan Commissioner John L. Dower returned yesterday from a three weeks' trip in the south and west. Mr. Dower and Judge Silas A. Robinson of Middletown are co-receivers of the Middlesex Banking company of Middletown and during his trip Mr. Dower secured their appointment in six different states-Minesota, North Dakota, South Dakota, Mississippi, Louisiana and Colorado--as auxiliary receiver of the Realty Investment company, subsidiary to the Middlesex Banking comapny. In each case Mr. Dower apeared before the state court accompanied by a lawyer of that state, and met with no obstacles in securing appointment.
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Anna J. Brackett, et. al. -VS The Middlesex Banking Co. STATE OF CONNECTICUT, MIDDLESEX COUNTY, SUPERIOR COURT. To the Bondholders and Creditors of The Middlesex Banking Company, and to all others whom it may concern: Whereas at a session of the Superior Court, held at Middletown, the fifth day of February, 1915, the following Order was passed. ***It is ordered and adjudged that the Temporary Appointment of said John L. Dower and Silas A. Robinson, as Receivers of the defendant corporation, be and the same is hereby confirmed and made permanent, and that the said John L. Dower and Silas A. Robinson be and they hereby are appointed permanent Receivers of said Corporation: *** And it is further ordered and adjudged that six months from and after April first, 1915, be and the same is hereby limited for the presentation to said Receivers of claims against said corporation, and that all claims not so presented be thereafter forever barred. And it is further ordered, that such Receivers give notice to all parties concerned, of said limitation and that all claims not presented within the time limited will be forever barred, and of the address to which claims may be sent, by mail, by publishiig a notice to such effect once a week for three successive weeks in the New Haven Journal-Courier, The Hartford Times, The Bridgeport Farmer and the Middletown Penny Press, all newspapers published and having a circulation in the State of Connecticut, and by causing a copy of such notice to be mailed, postage prepaid to each known creditor on or before the thirty-first day of March, 1915. By the Court: JAMES R. EDLIN, Assistant Clerk. Now Therefore, pursuant to the foregoing order, you are hereby notified that claims against The Middlesex Banking Company must be presented to the undersigned Receivers of said Company, by mail, or otherwise, at Middletown, Middlesex County, Connecticut, within six months from and after April 1st, 1915, and you are further notified that all claims not so presented will be forever barred, as by said Order of Court provided. Dated at Middletown, the tenth day of March, 1915. SILAS A. ROBINSON, JQHN L. DOWER, Receivers.
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WANT $25,000. Middlesex Banking Company Asks for That Amount. Middletown, March 18.-The receivers of the Middlesex Banking company today asked Judge E. B. Gager of the superior court for permission to spend upwards of $25,000 for seed and farming implements in western states, where the company holds over 100,000 acres of farming land. The company has issued bonds to the amount of $3,500,000 against its land holdings, and the proposal is to give each tenant $100 for seed and tools, and enable each to make a crop so that they can pay rent, interest and possibly something on the principal of mortgages they have given for land bought. Some of the bondholders oppose the plan.
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Anna J. Brackett, et. al. -VSThe Middlesex Banking Co. STATE OF CONNECTICUT, MIDDLESEX COUNTY, SUPERIOR COURT. To the Bondholders and Creditors of The Middlesex Banking Company, and to all others whom it may concern: Whereas at a session of the Superior Court, held at Middletown, the fifth day of February, 1915, the following Order was passed. ***It is ordered and adjudged that the Temporary Appointment of said John LosDower and Silas A. Robinson, as Receivers of the defendant corporation, be and the same is hereby confirmed and made permanent, and that the said John L. Dower and Silas A. Robinson be and they hereby are appointed permanent Receivers of said Corporation: *** And it is further ordered and adjudged that six months from and after April first, 1915, be and the same is hereby limited for the presentation to said Receivers of claims against said corporation, and that all claims not so presented be thereafter forever barred. And it is further ordered, that such Receivers give notice to all parties concerned, of said limitation and that all claims not presented within the time limited will be forever barred, and of the address to which claims may be sent, by mail, by publishiig a notice to such effect once a week for three successive weeks in the New Haven Journal-Courier, The Hartford Times, The Bridgeport Farmer and the Middletown Penny Press, all newspapers published and having a circulation in the State of Connecticut, and by causing a copy of such notice to be mailed, postage prepaid to each known creditor on or before the thirty-first day of March, 1915. By the Court: JAMES R. EDLIN, Assistant Clerk. Now Therefore, pursuant to the foregoing order, you, are hereby notified that claims against The Middlesex Banking Company must be presented to the undersigned Receivers of said Company, by mail, or otherwise, at Middletown, Middlesex County, Connecticut, within six months from and after April 1st, 1915, and you are further notified that all claims not so presented will be forever barred, as by said Order of Court provided. Dated at Middletown, the tenth day of March, 1915. SILAS A. ROBINSON, JOHN L. DOWER, Receivers. * S 16 22 29 Farmer Want Ads One Cent Word
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Anna J. Brackett, et. al. -VS The Middlesex Banking Co. STATE OF CONNECTICUT, MIDDLESEX COUNTY, SUPERIOR COURT. To the Bondholders and Creditors of The Middlesex Banking Company, and to all others whom it may concern: Whereas at a session of the Superior Court, held at Middletown, the fifth day of February, 1915, the following Order was passed. ***It is ordered and adjudged that the Temporary Appointment of said John L. Dower and Silas A. Robinson, as Receivers of the defendant corporation, be and the same is hereby confirmed and made permanent, and that the said John L. Dower and Silas A. Robinson be and they hereby are appointed permanent Receivers of said Corporation: And it is further ordered and adjudged that six months from and after April first, 1915, be and the same is hereby limited for the presentation to said Receivers of claims against said corporation, and that all claims not so presented be thereafter forever barred. And it is further ordered, that such Receivers give notice to all parties concerned, of said limitation and that all claims not presented within the time limited will be forever barred, and of the address to which claims may be sent, by mail, by publishiig a notice to such effect once a week for three.successive weeks in the New Haven Journal-Cburier, The Hartford Times, The Bridgeport Farmer and the Middletown Penny Press, all newspapers published and having a circulation in the State of Connecticut, and by causing a copy of such notice to be mailed, postage prepaid to each known creditor on or before the thirty-first day of March, 1915. By the Court: JAMES R. EDLIN, Assistant Clerk. Now Therefore, pursuant to the foregoing order, you are hereby notified that claims against The Middlesex Banking Company must be presented to the undersigned Receivers of said Company, by mail, or otherwise, at Middletown, Middlesex County, Connecticut, within six months from and after April 1st, 1915, and you are further notified that all claims not so presented will be forever barred, as by said Order of Court provided. Dated at Middletown, the tenth day of March, 1915. SILAS A. ROBINSON, JOHN L. DOWER, Receivers,
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DECISION AGAINST THE MIDDLESEX BANKING CO. Fail to Recover $7,500 Corporation Tax From Internal Revenue Dept. Hartford, April 12.-The United States circuit court of appeals has sustained the decision of Judge E. S. Thomas of the United States district court to the effect that the government need not refund about $7,500 in corporation taxes collected by the internal revenue department from the Middlesex Banking company of Middletown. The company claimed that the money taxes represented deposits of customers. Since the suit was brought against the government the company has gone into a receivership.