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Judge Asks Solon Bank Receiver To Proceed Special Gazette Republican. IOWA CITY, Sept. -Judge Harold D Evans vesterdav issued court order directing Andrew receiver for the Farmers State bank of Solon. to start legal proceedings against the bank in the attempt to collect assessments to pay depositors and creditors. Judge Evans the inventory the bank which was filed in district court here. The bank closed Tuned to the its doors Aug.
Packing Co. Sued By Bank Receiver Under Mortgage On Andrew, receiver for the Farmers State bank of Solon, filed suit against M. Sinclair and comLtd. for $620.76 district personal property suit. The receiver asserts the bank held a chattel mortgage against 98 pigs on the farm of Mike and Carrie Conner in Johnson county and that Sinclair's bought the from that the concern had knowledge that the hogs were mortgaged and asks damages for the amount of the The Conners executed note Solon bank Jan 23, 1931.
SOLON BANK PAYS 10 PER CENT; NEWS BRIEFS OF INTEREST Special to The Democrat Solon, Ia., April 4.-The Farm ers' State bank is paying a 10 per cent dividend this week, the second of that amount since the bank suspended. The Ulch Bros. State bank, which had paid 10 per cent, is pay. ing an additional eight per cent. The Altar society will sponsor food sale April 15 in the auditorium. Mrs. Adda Lawyer has returned from Biloxi, Miss., where she spent the winter. Banns of the marriage of Miss Helen Sedlacek and Linius Griffin were read in St. Mary's Catholic church Sunday. Mr. and Mrs. Raymond Pertlicek, Davenport, and Angela Pertlicek, Cedar Rapids, visited Mr. and Mrs Charles Pertlicek this weekend. Women in India are outnumbered by the men by about 9,000,000. The female population of Calcutta is approximately half that of the male.
HEIRS LIABLE Judgment in Favor Of Closed Bank At Solon Heirs of estate are liable for stock assessment closed bank. Hon. Harold Evans ruled district court Saturday in brought by the receiver of Farmers State bank Solon against Anna Armstrong and Robert Armstrong of Cedar Rapids, individually and trustees for Margaret Armstrong Race Cedar Rapids, under the will Samuel Armstrong. Judge Evans entered judgment favor of the bank in the sum $1,200. with interest six per cent per annum and for the costs the action. The action was brought by the closed bank, through Atty. Edward Rate of Iowa City, 12 shares in the Farmers State bank Solon held the heirs the Samuel Armstrong estate. though the Armstrong estate was closed months prior the time the Solon bank closed. Judge Evans ruled that the heirs liable for the estate's stock ment. The case was tried before Judge Evans in court here on July 14th. Attorney Rate the bank receiver and Atty. Johnson of Cedar Rapids appearing for the Judge Evans took case under advisement the conclusion the trial.