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its power to the receiver of the bank to this end. As to the charge that the board has been derelict in its duty, it is only necessary to refer to the fact that the Bullfrog Bank & Trust company, which, on first examination, showed to be hopelessly inslvent, with scarecly sufficient assets to pay the depositors one cent on the dollar, the board closed its doors, had its bank examiner, made the trustee for depositors compelled the directors to relinquish all their claims on money they had deposited in the bank, and besides, put up several thousand dollars out of their pockets, and within 60 days paid the depositors 33 1-3 per cent dividend with an assurance that they will receive between 75 and 100 cents on the dollar within the year. The Bank of Pioneer was closed and within 30 days, without the appointment of a receiver, the depositors were paid dollar for dollar. The Bank of Manhattan was forced by the board to go into voluntary liquidation and the depositors of that institution will get dollar for dollar, as was the case with Bank of Mazuma, whose depositors have already been paid in full. With the facts in mind, I can sarcely believe that a fair-minded public will charge the state banking board with dereliction of duty." D. S. Dickerson, Chairman Banking Board.