Article Text
LIABILITY ORDER
BEFORE WAS NAMED RECEIVER.
Had Been Active in Religious and Educational Affairs in His Home Community.
Thompson Clary, 78, prominent farmer the Fairview community, died about Sunday morning at his home route after being declining health for about years. He had critically for several before his death. Mr. Clary member of the Macedonia Baptist church. He had been trustee the Fairview school for many years, and always took deep interest educational affairs. He was active in church work and regarded one of the substantial of the county. Funeral conducted the home afternoon o'clock by the Rev. Huntley. Spindale, tor of the Macedonia church, sisted by the Rev. Mr. Remmer of Interment followed the Clary family cemetery with the McCoy Funeral Home, ticians, in charge. Surviving are the following and daughters: H. Clarv. sons Mrs. Mrs. Pettv. Mrs. Mabry. and the following brothers and sisters. Clary, Mrs. Harris. Mrs. Gus Daniel and Richard HusAll are of this community.
Compromise Offer of $200 on
Five Shares Plus Interest Accepted for Savings Bank.
Prior to the recent appointment of Fort, local attorney, receiver for liability payments stockholders of the Cherokee Savings Bank, which closed here April, 1925, records the office Clerk Court Conrad Jones show that judgment for $500 with interest since September 1927, against Mr. Fort for his liability five shares of Cherokee Savings Bank compromised for $200. The ordered accepted by Judge verified petition for Fort since of the CheroSavings Bank been and unable financially spond to the judgment, and not now sufficient property above satisfy any part said judgMr. Fort appointed receiver petition Smith, SUNDAY MORNING of the Merchants and PlantNational Bank, depositor the Savings Bank, for himself and all other PROMINENT CITIZEN IS Mr. Fort's petition and offer CLAIMED. compromise, and Judge Sease's order directing the acceptance the follow: Carlisle, depositor the Cherokee Savings Bank, his right' on behalf all the depositors the Cherokee Savings Bank, plaintiff, Humphries, stockholders of the Cherokee Savings Bank, defendants parte, Fort, petitioner. petition the petitioner respectfully shows: That at the time the Cherokee Savings Bank was adjudged insolvent, your pétitioner herein was, and for sometime thereto had stockprior holder of the said Cherokee Savings Bank. owning five shares the capital stock thereof, the value of five hundred ($500) dollars. That shortly after the said Cherokee Savings Bank indged be insolvent and placed the hands of the liquidating agent. under and by virtue of the law this state force statute that time. the above entitled action commenced cause this court. resulted judgment against all stockholders the Cherokee Savings Bank who did prior to dering herein. stockholder's liability satisfy constitution and laws under the That among stockholders of the said Cherokee Savings your petitioner against whom herein entered for his BOOKS BALANCE FOR stockholder's liability. the amount said judgment being five hunANNUAL SETTLEMENT ($500) shown dred number in judgment of the clerk court for office County, South Carolina. County Officials and RepresenThat since the insolvency tative of Comptroller the Cherokee Savings Bank, rendering the said judgand Check Up. petitioner herein ment, your and still unable financially Books of County Auditor Poole been the judgment, Harvey and Treasurer H. M. respond and has sufficient Brown balanced the penny the annual settlement for the erty above homestead of the said June 30 held satisfy any part fiscal year ending petitioner herein the house Friday judgment, your court resident of this state, Rhodes, representative being family, and and the head the comptroller general's office. entitled the such being The settlement, which homestead exemption allowed tween the auditor, treasurer, Suand laws of this the constitution perintendent of Education John Fowler, and Supervisor That your petitioner Clary, was witnessed by arrangements raise will make Wilson, of the Buffalo of two hundred foreman of the Cherokee the sum county the the dollars, pay grand heretofore designated The settlement sheet showed depositary the stockholder's balance cash hand the Cherokee Savbility fund June of comfull settlement and Bank, pared with $159,574.61 June his liability under discharge last year. During the fiscal the judgment herein set out, year the county's income totalled vided same accepted $865,824.33. Some the items settlement said discharge full reported from magistrates. and the said judgand $5,636.02; from the state highway cancelled your petiment department, from the That under the tioner herein. clerk of court, the have existed since conditions that state from the insolvency and closing the state of eduBank, and Cherokee Savings cation, $55,869.00; from conditions that exist under the game warden, $1,132.80; from the netitioner this your insurance and believes that informed verily from Supervisor the said offer of compromise and Clarv. from Sheriff Zeb settlement fair reasonable. Whelchel, $103.72; from the "Wherefore, your petitioner Cherokee county home, court offer settlement herecompromise and Smoot Again Backed. for such disposition Salt Lake court as may be just The Utah state equitable. Reed "Hall Vassy, attorney for Smoot late todav titioner. platform declar"July 23. 1932." Republican does order filed July 26 reads bind its candidates individImembers follows: nefinite action "Upon reading and considering question
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