The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-15
THE DUPREE FAILURE.
Text of the Decree Making the Re.
ceIvership Permanent.

| ICNt inc DeCrec MIXING the Re-
ceivershfp Permanent.
| Waco, Texas, December IA The follow
ing Is the order entered by Judge Swayne
in the Dupree receivership. The receiver
ship does not vitlate or change the deed
of trust. except that It's execution is dele
gated to Frank Finks. the receiver. who is
under $4,000 bond, instead Of ]. C. Birk-
head, the trustee without bond
In the United States circuit court for the
sur & Tebbetts Implement company and
Washburn Moen Manufacturing company
VS.. Proyident National bank ct AL
| On this day came to be heard the motion
of the defendants. w. f. Dupree and j &.
c. Birkhead. to dissolve the lnjunct ion
heretofore issued In this cause, and to va
cate the appointment of Frank +. Finks
Esq, as receiver, herein, and 10 restore
the estate conveyed by the said Dupree to
the said Birkhead by deed of trust dated
December 3. 1886. to the said j. c. Birk-
head.
And also came on to be heard ,he mo-
ton OF the Provident National bank, one OF
the defendants herein, to dissolve The in
functions heretofore issued In this CONSOLE
dated cause as against it, and also TO modj.
~ 'it oiutl appointing inc receiver ETrtin
so as to exempt from such order all col
lateral security held by the said bank for
the payment of It's debt against The said w
L. Dupree and came all the compliments.
intervenors and defendants in this cause. in
person aud by attorneys, and also came
W. Is. Belknap d Co, complainants In No
l32. equity, which was heretofore consoli-
dated with this cause. against the same de-
PENDANTS, by their attorney. and all PARTIES
submitted upon the bills. interventions. an
swors and aifidavits on file and the court
having heard the evidence and arguments
OF counsel. and being fully advised in the
premises. finds that each and all OF said
motions should be. and the same are here
by overrulod except that the wits Il iu-
junction heretofore issued in this ronsoli-
dated cause. shall be and the same are
hereby dissolved as to the ProyGent Ma
tional bank. and the order appointing
Frank +. Finks, Esq. as receiver. is so far
modified as to permit the said Provdent
National bank to retain and collect the
collateral and the securities 1t holds Ter the
payment of its said debt against the said
W. e. Dupree, provided that The said bank
shall be held to a strict accounting or the
proceeds OF such collateral and security, in
the distribution of the estate vested in the
receiver, and of which he Is put II charge.
1t is further ordered and considered ~
the court that the order made N this cause
on December 8, 1896, appointing said Frank
i 'fihS' it''lNtl, SlitIl Dc ana me same
is hereby in all things. except rs above.
confirmed and perpetuated, and he sud
receiver Is hereby directed TO procced with
he administration OF the trust reposcd In
him. as therein directed.
Three BANKS Fail.
Hoidaysburg. Pa. December i4.-'rhe
First National bank Ct this place. the OIL
est in this section Of the State and one
of the original fifty seven in the United
States, suspended business this morning.
The following notice was posted on the
front door Of the bank. On account OF the
heavy drain upon this bank for the ps-,
thirty days, and especially the last two or
three days the ard Of directors have de
cided to suspend business until further
notice.
Two other banks. one at Martinshurr
and onother al Williamsburg. In this stats,
failed as result 1t is thought the three
htnls will re reopened without any loss
to the ere litors.
The bank at Williamsburg assigned to
its cashi r, John Clark This bank Is unin.
corporated with a paid up cari'al of s27..
COO. Its mercantile rating is $4,000.
big Forgery.