The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-08-26
HE IS PRACTICALLY PENNILESS
MIR. 30, Post OF the Defunct Bank at
kingfIsher.

Guthrie, o. T, Aug. 9.-The Kinghsher
Free Press announces that ]. c. Post Is
able to be out and around again Mrs.
Post has returned and is at their home
Mr.. Post talks freely about his risfor-
tune. and says If he could have had a
few days time he would have been able
to protect every creditor Of the Bank OF
Kinghsher in full. He is anxious TO make
the best settlement possible, and says
that he is willing 10 turn over everything
TO the bank creditors.
Mr.. Post himself says, and II Is gener-
ally believed, that he has gone out Of the
bank practically penniless. and, as he
had the usual opportunity TO provide for
himself. the fact that he did not do 80
Is worthy OF charitable consideration.
The Free Press further says that II Is
expected that a statement Of the banks
condition, covering its assets and nabill-
ties, will be prepared and filed in the
district clerks office at once. and that
the money assets will be pro-rated TO the
creditors with as little delay as possible
No change in the affairs OF the bank
have been discovered since its doors
were closed. The apparent cash assets
are as follows:
Cash In safe ........................fa e51 81
Due from Fl. Worth NarI Bank 5.sl2 g
Due from Citizens bank. Fl Reno ss5. Sc
Due from Koontz Bros, bankers.
New York .....--.......-...--....- z.s55.Io
Due from Citizens Natl Bank.
Kansas city ..--..........-....... "A. 5s5.0s
Unexplained cash item $500. 1000
~ !. -
As soon as Mr.. Search took possession
Of the bank telegraph notices were sent
ont 70 the banks named stopping pay-
rnent % drafts which had not yet been
presented As stated last week. these
drafts sill Cthe books show approx
mate $3.50 leaving the cash assets ~
about ~ on. In addition % this there
were overdrafts BY business men. Gus
toners Of the bank. agzregating abort
1900 which ought 70 be made good a.
once. = that has not already Been done
On this basis. az least g per cent could
be Hisbursed 70 creditors at once Cred
itors. however. must not expect too
much. There VII be need q pafierce.
and final payment q mare than r per
cent can hardly "a expected after mat
ters are finally CLEARED up and az ex-
PffaHts agt4 sae-eee ANf&AL-a4
Mr. spiece. the receiver. n ~ inter
vlsw says: Il VIII - ahie ;hfuk 20
get matters adjusted n aboas ten savs
- that the cash on hard can ~ 5istris-
uied % the creditors J shsiI harrv rat
te-s I'd az RAPIDLY - possible. bacauge
7 know that creditors ueas fhsf- sraray
sns ouEht % have e. of co1rse T tn1zr
nothing yet n TIE hsok's acfaai -sndi-
tIon more tran has been made gsalic
By Mr.. search. the rank eons-1 .sFi7rsr
7 VIII Eet matters ad5sEses zifhsrt de-
lay. u may take tao sr tarss zsxks
ruf n tine xii - waited Dish1~Es-
usutz 70 crefito-H ran only - uaas
upon ths or6e- q the v-sEitlnz fudge
- this district. have 70 rasnsT r. ~
posssssI07 szcept rssf Ess fe1na Ia 'hs
bark safe a llsfie sTe~ 90. TIE slh~r
cash assets are - banks - Eaaass
CITY. Ne~ To-k. Fe~t Wo-fh SIS ofsf-
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