The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1895-07-09
THE NIX RtCENERSuIP
case Being Tried nefcro Referee In Dis
tfict Court.

case Belng rried Beforc Referee In Dis-
trict Court.
In district court yesterday the case
OF the creditors Of the defunet COM
merclu bank VS.. Il D. Nix came mp
for hearing before Referee Geo. Green
The suit is brought by the creditors
who object to the approval OF Mr..
Nix's report which is given below, 10y
Judge Dale Attorneys Speed. Hus
ton. Baker and Dubois represent the
creditors and Wisby and Horuer the
receiver
Mr.. Nix testified that up to date he
had collected assets amounting TO SOB,
600 and expended sol, 600 and had on
hand 81. 800 Much testimony was
taken regarding the Hay, Hall and
United States National banks debts
and the attorneys fees paid.
The report of Mr. Nix is clear and
comprehensive and most all that there
is in the case was developed yesterday.
The bottom of the whole matter ap-
pears to be in the desire of one news
paper and a number Of political back
biters for Mr. NiX's business destruc-
tion. The report Of Receiver Nix is
given below:
GUTHRIE, O. T., Oct. Il, lso5.-Hon.
Frank Dale, Judge, Guthrie, q. TT
dear sir:-I transmit herewith for you
consideration and approval a full state,
ment of the affairs of the Commercial
bank since / took charge OF this estate
Der %, 1891, TO the present time.
On taking charge of the said estate
as receiver in s9l | found n large por-
ton Of the notes hypothecated and the
lots owned by this estate with one OF
more contests upon them. | have dis
charged an ndebtedness of $40 0OC
held by the American National bank
together with claim of Sl,733.65 o
the Merchants National, and sG6 IS o
the Interstate National bank Thes,
last two banks having garnisheed tn,
collateral in the hands Of the. Ameri
can National bank. therefore this in
debtedness had TO be discharged befor,
! could get possession of the collntera
held by the Americas National bank
On the 10th inst. | finished paying IL
full the above Indebtedness, whicl
amounts have been paid out of collec
tions of collateral held by them. II
this settlement | received from theu
ST. 22O. the total amount of collatera
left after discharging their indebted
ness.
further found several thousan,
dollars worth of collateral in the hand
of the United States National bank O
New York city, and | have paid then
on their account against the CONNER
81 4 4 40 4
balance due them now pending in tn
district court of the First judicial dis
trict
Besides discharging the foregoin
Indebtedness ! have paid all the al
taching creditors, with the exception
of about $1,000, and feel coniiden
that there are sufficient assets on han
10 discharge the balance due the a
taching creditors
September, 1898, I WAS ordered
Judge Green Co pay Cunningham an
Wisby $4,000 attorney fees for said r.,
ceiver; therefore file copv OF the
accounts as allowed as a part OF u
statement Al the same date ] ",
ordered to credit my account with 81
900 for services rs receiver for a
years 1891 and 1892
There has como into my hands sin
! was appointed receiver on Decent
29 1889, mp 10 the 10th day OF Octob,
iSgi. as shown bv schedule ma:k
"a" the sum OF S57. 509.,1 and | Ia
paid out Of said sum since the 5th d,
OF January, 1891, to the 9th duy ot G.
tober as shown by schedule of q
bursements attached herewith. mart
"B, the sum OF S55,433 O5, leaving
balance in the hands of your rcceiv
up to the 10th day of october 1894, {
sum of g., O6s.06
iled report witlFthe court APP
Is, 1892, but as the same has been m
placed, | make complete report 10 q
date.
Respectfully submitted
T. ID Nix Receiver