The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-31
ALLEMANNIA BANK, BY MAURICE
AUER3ACH, RECEIVER, FILES
ITS SCHEDULES.
LOOK WELL ON THEIR FACE.
ONE OR TWO ITEMS SEEM TO RAISE
SOME QUESTION OF UN-
CERTAINTY.
DEBTS OF THE BANK DIRECTORS.
at $I,IT0,5iS.S4 ana the LiabiIi-
ties at $95G,692.44.

Maurice Auerbach the receiver Of
the Allemannia bank. filed the schedule
of the aSsts and liabilities Of the bank
in the district court yesterday. The
document in full is as follows:
Maurice Auerbach, as receiver, here
in respectfully submits the following
statement Of the assets and liabilities
of the Allemannia bank, and having
personally examined the bills receiv-
able and such of the other assets as
was in his power, believes the state
ment to be correct. The bills reds
counted and in attorneys hands for
collection are not in the receivers
hands, but the statements Of them have
been carefully compared and the
amounts so stated are believed to be
correct.
Deposits to the amount Of $7,04417
were made on the morning Of the 4th
OF January, 1897, the day the bank ex-
aminer took possession, and Of that
amount there was turned over to the
receiver, in currency, coin and checks,
the sum of 81, 1892 and in checks on
other banks, payment of which has
been stopped, and in checks on the
Allemannia bank, $2,63425. These
amounts the receiver now holds subject
to the order Of the court. The balance
OF the deposits made that morning
and were not kept separate from the
other funds. The bank building on the
corner Of Third and Robert streets is
carried upon the books OF the bank as
OF the value of $4,000. There is q
mortgage on the property Of $4,000,
which appears as q liability in the time
certificates of deposit.
THE rediscounted paper amounts to
1924, 1888, upon which there is q con-
tingent liability as indorser. Since the
suspension, there has been paid, as the
receiver is informed, about SGT GOO
There appears to be due from the Of
ficers and directors Of the bank, upon
primary liability and as indorsers,
and from organizations in which they
are largely interested, the sum Of $14U,
ISL 49,
Fifty thousand dollars Of the bills
receivable is in one note made by the
Anchor Investment company, the en-
tire capital stock Of which corporation
Is owned by the Allemannia bank, and
about $4,000 is secured by first mort
gage on real estate, the present value
Of which is difficult to determine.
THE value of the stocks and bonds
held by the bank and of the bank
building is stated by the bank to be
$146,750, an amount which the receiver
believes to be largely in excess Of their
market value.
THE item of cash and cash items,
received from the bank examiner, con-
sisted Of actual cash, 81, 422.G4; checks,
$14,738.61, and so-called cash items, 3d.
1864
"Of the overdrafts, $1,752.72, the re-
ceiver has collected $22863.
ION the I'd Of January, 1897. GER
tain bills receivable amounting to S.
$3.50 were sent to New York for re-
discount, but did not arrive there I'M
til after the suspension of the Ale
MAMMA bank. The New York bank now
claims to hold these notes as additional
security for loans previously made The
amount Of those notes, $8,592.80, is in
Guided in the amount of rediscounted
paper. The receiver claims that those
notes cannot be held as additional Sc
curity and that they should be re-
turned to him, and has taken steps
to that end.
In reference to the values of the
different items of assets, the receiver
desires to say that a complete inven-
tory has been made, and is ON file in
his office and will be at all times open
for inspection by any interested par
ties. Maurice Auerbach,
Receiver.
"St. Paul, Jam 80, 1897
Following is the tabulated statement
CT the assets and liabilities: