The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-11-20
The BANK FAILURE.
Whole Matter Referred to Com
missioner Payne.

In the circuit court yesterday morning
Judge Dupuy entered Il decree in the
chancery suit of Bachrach ct ais VS.. Luz
Glen II. Cooke, trustee of the Roanoke
Trust, Loan and Safe Deposit Company,
involving the distribution of the assets of
that defunct corporation, which decree
reads as follows:
This cause came on this day to be heard
upon the bill of complainants and upon
demurrer of the defendants and was ar
gued by counsel it is, therefore adj
Judged, ordered and decreed that the de-
murrer to the compliments bill be, and
the same is, hereby overruled
And this cause coming on further to he
heard upon the bill of complainants, and
upon the petitions of V. l.. Day and
others, and j. p Woods, guardian, and
of Mrs. Betty G. Levy, filed by leave of
the COURT and Il pom the answer of Lucien
H. Cooke, trustee, and was argued by
counsel
1t is therefore adiudgcd, ordered and
rdecreed that this cause be referred to
Archer Ia. Payne one of the commits
sioners in chancery of the court, who shall
take, state and report to this court the
following accounts:
l. An account of the assets, both real
and personal, of the Roanoke Trust,
Loan and Safe Deposit Company, includ-
IL
pany, as well ms all other property.
2. An account of all the debts due by
said Roanoke Trust, Loan and Safe De.
post Company, parties to whom due and
their respective amounts, how the said
debts are evidenced, and the relative pri
GRITTY, if any, Of said debts.
3. a statement of all debts for which
the said Roanoke Trust, Loan and Safe
Deposit Company is guarantor, the re-
spectivc amounts, the parties entitled to
the said debts and the time when the
same shall become due, and, also in what
manner and upon what property the said
debts are secured.
H. An account showing all deposits
made on June 18TH and 18th, 1896, just
prior to the assignment, and all facts re-
lating to the manner in which said de-
posits were made and how charged by the
officers of said Roanoke Trust loan and
Safe Dep sit Company Hnti the facts in
reoasG 20 thGNlispcsl ton of the deposits
So received
D. A statement giving the names of the
stockholders of said company and of the
respective amounts of stock held by the
same, and the amounts paid by them re-
spectively on said stock.
o. An account showing the names of
all parties who, ut the same time, are in
debted i'll any manner to the said Roa-
noke Trust, Loan and Safe Deposit Com
pany either by note, or otherwise, and
who, also. are creditors of said company.
either as deDositors or otherwise, giving
in each case the amounts due by or in
favor of the said parties, and TIE times
when the said liabilities accrue.
IAN itemized account of Lucien H.
Cooke, trustee, with the Roanoke Trust,
Loan and Safe Deposit Company of all
his trunGnptioDc in thn of
trust, and giving the amount in his
hands at the date of said reports to be
distributed
In taking said accounts, the said COM
missioner shall have access to all the
books, evidences of debt and other papers
of the Roanoke Trust, Loan and Safe De-
post Company, and he shall make his re-
port to this court us speedily as possible
consistent with his duties
Notice of the time and place of taking
said accounts shall he published by said
commissioner once week for four sue
cessve weeks i'll some newspaper pub
lished in the city of Roanoke, Va, and
such publication shall be equivalent to
personal service of such notice on all of
the parties of this cause.
Should said commissioner find the SER
vices OF an expert accountant necessary
in order to enable him to execute this
decree, he is directed to report that fact
to thiscourt at once.
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