ber of other business men of Sutton. Their complaint is that the receiver for the First National Bank of Sutton has moved away to Charleston. They want the treasury department to compel him to retain his residence in Sutton while he is trying to straighten out the affairs of the bank. No order has yet been issued with respect to this matter, but one is expected before this week ends.
RECEIVER WAGNER Of First National Bank of Sutton, Files Declaration Against Parkersburg Institution. Yesterday a declaration was filed in the federal court through Commissioner George E. Boyd in the case of P. E. Wagner, special receiver for the First National Bank of Sutton, against the Central Bank and Security company of Parkersburg, for $9,732.73, actual amount alleged to be due the
FEDERAL COURT Suits Against Several Parties by Sutton Bank Discharged Gordon Matter Filed. In the recently instituted suits filed by P. E. Wagner, receiver for the First National Bank of Sutton. against L. E Drummond, J. P. Bodkins and others, of the southern part of the state, in the United States District Federal court. an order was entered yesterday morning by Judge A. G. Dayton, and
CHARLESTON: Announcement is made by the comptroller of the currency to P. E. Wagner, receiver of the First National Bank of Sutton, that the fourth five per cent dividend to creditors of the bank, whose claims have been allowed is ready for distribution. This makes a total of seventy per cent paid in dividends aggregating $244,731 since the failure of the bank, August 27, 1914.
5.February 2, 1916The West VirginianFairmont, WV
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More Cash for Creditors. CHARLESTON, W. Va., Feb. 1.Announcement has been made by the Comptroller of the Currency to P. E. Wagner, receiver of the First National Bank of Sutton, for the fourth 5 per cent dividend to creditors of this bank, whose claims have been allowed, is ready for distribution. This makes a total of 70 per cent paid in dividends, aggregating $244,731, sin&e the failure of the bank August 27, 1914.
CHARLESTON: Five assumpsit suits have been brought in United States district court here by P. E. Wagner, receiver for the First National Bank of Sutton, against en-
8.March 30, 1916The Daily TelegramClarksburg, WV
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CHARLESTON:
Five suits to recover sums aggregating $8,500 have been filed in federal court here by P. E. Wagner, receiver of the defunct First National Bank of Sutton, against John A. Gross, Jake Fisher and others. Nearly 100 suits have been filed against creditors of the bank to raise money for depositors.
The bank was wrecked two years ago, it is alleged, by H. H. Dean, cashier, who walked out of it in his shirtsleeves and has never been heard of since. He was accused of embezzling $100,000 of the banks funds.
9.April 1, 1916Martinsburg HeraldMartinsburg, WV
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CHARLESTON. - Five assumpsit suits have been brought in United States district court here by P. E. Wagner, receiver for the First National Bank of Sutton against endorsers of notes held by the defunct institution. The defendants are John A. Crose, Fred L. Fox. L. H. Kelly, J. E. Ctulip, E. W. Hefner and J.L. Fisher. The claims range - from $1,000 to $3,500.
10.April 6, 1916The Daily TelegramClarksburg, WV
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CHARLESTON: Involving $20,000
a suit in equity has been brought in United States district court here by Howard W. Showalter against P. E. Wagner, receiver for the First National Bank, of Sutton. The suit is the outgrowth of complications in the business affairs of the bank.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.