The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1883-08-22
The Indiana Bank,De COMPANY.


Thursday afternoon in the Recorders of
fee assignments were made by F A w. Da-
Wis, ]. l.. Ketcham, his wife and Mrs Mary
Morrison. For all of the above named Hor-
ace Gale was made assignee. The inve atories
consisted of real estate and schedules of
household furniture, ana the former is en-
braced in the following:
FL w Dayis-Lots g 10, 81 % 80, 40, 20, So 81,
Sc and sin Brown. Frank & Ketcham' S bdivisiOn
of outlets 107 and leS also part of lots is and 10 in
Green d Waters subdivision of outlot l01
John j. Ketcham-The north half of lot 81 In
RdenCur's revised and extended addition; also
part of the northwest quarter of section z, Town
ship IS, range east humber of acres not given);
also part of lot 10, in Merrlls subdivision of out
lot 1Ci
Jane NJ. Keteham-Lots l. 2, l6, Il and part of Is
in Merrils subdivision of ouIlot l0i: and lots TO-
II, IS and 10 in Smith & Ketcham's subdivision of
block in brakes addition.
Mrs Mary ACKNOWLEDGEMENTS and a half
feet of west side lot f. and IL feet OH east side lot
g. square Sc; lot T. square IS; lot l2l in Cranes
addition; lots &c aud % in Ouplop ct ais subdiyi
sion of B. F. Morris addition; lot in Faces
subdivision Of outlot 81 lots 20. D. % % D. 25 26
and "a. in Morrison * Talbotts addition; also,
widows interest In lot 6. square 49, except 90 feet
OFF north end; lot ~ square 65: % feet of south
side lot Is, Green Il Waters subdivision of outlet
101; lot and part of q in Hallenbeck et al IS sub
division Of square 20.
On all OF the above named property
mortgages were execule ed prior to the assign
ments, and placed in the hands of re-
ceiver. Mrs. Morrison executed q mortgage
which covered the Tinker estate legacy. GA
the records it is also shown that q mortgage
IVES executed and filed on the 18th as Sc
cnTity for q promissory note for S11 500, dated
March 10 1883. and payable TO the order of
G. c. Guy. This mortgage embraces part of
lot -, square O., and is understood ID cover
her interest in the Morrison block. Ante
dating the mortgages now in the hands OF
the receiver is one covering 2S1z feet OFF the
west side of lot 4, and 3.11 feet
%, ard is situated just east of
Fletcher and Churchman's Bank. The
I Trustees Of the Tinker estate are Ms
Morrison, Mrs. Davis and J. w. Murphy.
The formers maiden name was Tinker. The
Trustees were directed in the Tinker will to
! TinkeI's son. w. III. Morrison borrowed
this money without security. To
its payment he attempted to apply
portion Of his life insurance, bat there was
failure 10 make an assignment. Then
Mrs Morrison assumed the legacy, and on it
began paying interest
Before the mortgages were filed yesterday
Baker, Hord & Hendricks received instruc
tons to secure this legacy. The mo tsges were
prepared and not receiving any advice rela-
tive to the Tinker bequest. sent them out for
execution before they had been examined.
a question then arose as to whether the leg
acy or the other mortgage had precedence.
The matter being brought before Judge
Walker yesterday for settlement, he issued
an order making the one in the han of the
Receiver subject TO the other. gentleman
who is well acquainted with all the details
of the circumstances is credited with saying
when speaking of Mrs: Morrison,
that she inherited from the Tinker estate
forty acres of land, which Mrs. Morrison af-
terward sold at not less than $2J per front
500 eco, and for this Indebtedness she had a
prior claim against other creditors. About
two years sgo, however she was induced to
invest $4,000 as a partner in the Iudiana
Banking Company, and her liability as a
partner involves every dollar of which she
may be possessed.
It was reported on the street that
financial transactions, took place at the
Indiana Banking Company on the 9th after
business hours which depleted the cash as
sets $3G,1S4, and in addition promissory
note for $135O0 was renewed for one year
without an indorser.
The hearing of the petition OF Mary Nor
rison and others vs.. William Needham and
others, which was set for hearing yesterday,
came up before Judge Walker. 1t was es-
tablished that Mr. Landers the receiver ap.
pointed by the Court last week, was de-
position in the bank to the extent of $780,
Under the law, IL was held, Mr., Landers was
disqualified for the position, and in the after
noon William Wallace was appointed to the
position. Mr.. Wallace will file his bond
Immediately and enter on the discharge OF
his duties. Yesterday George J. Schicketanz
fled his complaint against the Indiana