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Disfrom depositors Bank and of both & the Trust the Federal Co. trict cates American National National the District Bank depositors promised offer to the devidend of the The is the same as 25 per cent half of the bank. original by the receiver, deposit, which to the is credit of the amount remaining closed cent depositor in the Per Cent Payment. per Offers 40 offered to pay due 40 deposiThe agent remaining amount -American National of the the Federal- Reports of Receiv- inditors in & Trust Co. for this bank can be er Bank Cary A. Hardee another dividend this divibut it is available until time paid, dend cate that will not be first understood of the new dividends year. bank, same after the depositor receives a closed on When the a receiver of certificate he further When a depositor a piece which from retains paid. his receiver's additional as dividends sells may be to an agent gets the cash of his negotiable certificate paper, but relinquishes he The further agent rights price offered, the to future receivers' dividends. future certificate dividends and may will of collect become owns whatever available. receiver The certificates. practice of has the in here Washington prevailed country, purchasing but in some it came other for into the parts the first open time last week. 12,Bank, In the District already National have which received up to 000 depositors of 50 1936. per cent, has been according paid in to September the dividends sum of quarterly 30. 7,100.91, report of per the cent, rethe last The dividend of weeks. 25 will be paid in this ceiver. to from about two institution. and will be is the second deposits. Thus, based on original $1,250,000. paid, the amount to about dividend is total of 75 cent per the depositor when the will second of have his received original a money in Deposit bank. Liability unsecured $4,841,414.78. deposit the liabil- time The of the total District March. bank at 1933. stood the ity closed, in addition to at the $4,841,414.78. bank cent paid to In unsecured has paid depos- cut 50 per receivership of $2,509,on itors, secured the liabilities a total District have 082.75. Stockholders their of assessment the of $1,000,000, paid a in total on case of of $574,378.54. the Northeast received Savings three In the depositors h2d per cent, which had dividends Bank to September totaling 30 85 The of this new year total 10 per up cent up $903,498.44 will bring the 95 per cent. bank at date totaled to dividend this The total stood unsecured of its at deposits of business hands suspension of in the the total will be $1,148,596.28. not dividends of in the yet new receiver been are dividend amount 2,351 called Left from checks over for of the in about by three the which depositors paid $10,000. earlier have to of about of this bank stock assessof The in about Stockholders $42,100 7,000 $250,000. on depositors their total announcing have amount paid $100,000. Wardell in banks exdividends for the at being pressed his distribution new ment Receiver gratification two before have able to make the depositors could shopping. Christmas so for Christmas been staff had to the He said money day he and and his night recently amount of necessary are complete working the enormous so the payment being writ- can work made. Checks now at the Treas- be ten, be ury but Department must be signed before they can distributed. Exact Time Is fact Uncertain. that several view of the throughout the other In closed also are banks trying to pay is some divicountry before Christmas, exact there time the dends as to the on the uncertainty will finish signatures to be paid than 19,000 For this out by the cannot the more Treasury two Wardell banks. checks yet rea- will fix son Receiver exact date when payments Depositors card will when be to call for will their be by Groups of to avoid checks. begin. post depositors so notified as directly a invited day by day, first few days. during the night that promised last receivership facility full every be thrown into checks as early rush would Wardell of the the speed for- acward to get out with absolute enis consistent tribute to the as He paid and of the P. National curacy. mentioned tire staff especially the receivership. District R. Lochte, officer trust officer of H. Johnson, trust of Bank, the and Northeast L. Savings Bank.