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Herrick, Former Poloan, Rochelle Bank Receiver in been appointed of Peoples Trust cording made Monday State Auditor Oscar Herrick served cashier Barber Brothers bank in this and recent years with Rockford bank brokerage offices to Monday morning arrange his legal bond taking the affairs the Ro chelle institution.
ROCHELLE By Arthur Guest Grieve Walker on the grand jury and William M Carpenter of Rochelle and Thomas Creston on the petit jury of the federal court Freeport Monday Business changes noted Rochelle the past few days include Ernest Colwill of Rockford and formerly of Creston. has opened up grocery store in the building on the south side Faley has opened the Argonne Cafe at 411 1-2 Cherry ave- D. Coddington has opened shoe store on Lincoln highway one door south of the Harms grocery having moved his stock from the building on Fourth avenue Steve Dee former Sycamore mortician. has opened funeral parlor and undertaking establishment Lewis Palmer location on Lincoln highway According report now in circulation. the Company receipt large order and may recall former shop within next The company said to have bids several more and looking forward to an upturn business their The Rochelle Trust Savings bank through Receiver Mougin cent dividend creditors last week amounting Lofborn. receiver of the closed People's Loan Trust Co bank announces that depositors of institution may expect percent dividend on before May The dividend will represent distribution of At annual meeting of the Arts club officers elected for the ensuing year Mrs H Allen president: Miss Anna Breyman, recording secretary: Mrs. corresponding secretary and Mrs. Elmer Scharf, of thanks given Mrs. twelve years of efficient service in office. summer program and trip to the Grand Detour art colony planned and final instructions given the working the Arts and Crafts held the Bain building April 21 Each day new enrollments coming in for the Sixth Annual Spelling Bee, sponsored by the Rochelle Business and Professional Men's Association. to be held in the high school here, Friday evening, April 22nd Present indications are than seats will be served and that the auditorium not seat all those desiring to hear the contest The glee clubs of the Rochelle high school present the opercompoby Don Wilson in the high
ROCHELLE BANK RECEIVER NAMED William L. O'Connell, of Chicago, has been appointed receiver the Peoples Loan and Trust company at Rochelle, filling the vacancy caused by the resignation of W Lofborn. Lefborn, who has been receiver of the bank for the past year, has returned to his home at Geneva.
AGAINST THREE BANKS AUTHORIZED BY SECRETARY OF STATE Edward Barrett, state auditor, announces that he has authorized payments depositors' claims against three closed banks in Ogle county totaling more than The three banks, each of which has been authorized per cent are The Peoples Loan Trust at Rocompany, chelle, the Rochelle Trust and Savings bank, and the Monroe Center State bank. The largest of the payments which amounts to $36,245.71, at the Rochelle Trust and Savings bank. This brings the total amount paid to per cent, 24 per has been paid this bank previously. The dividend at the People's Loan and Trust of Rochelle, company, amounts bringing the total to 25 cent. At the Monroe per Center State bank dividend amounts to bringing the total paid at that bank also to 25 These payments, Mr. Barrett said, be paid out. to the depositors about June 8th. William the receiver for all three of the banks, and McDonald is the receiver. Mr. Barrett also announced that another bank in this territory, the Farmers State bank of Pecatonica, Winnebago county, will pay dividend, amouunting to bringing the total dividends bank to cent. per dend at Pecatonica was paid about May 26th. Mr. O'Connell also of bank and the deputy