The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-07-11
Devlin Creditors Will Then Get
Report.
viii Show What Are Assets
and Liabilities.
TIME is EXTENDED.
Purpose to Give Mr.. Devlin
Time to Recover.
Assistant U. s. Attorney Hears
Nothing of Criminal Action.

On Monday, August Z. the public and
creditors of the c. ]. Devlin properties,
and the depositors of the First National
bank will be definitely apprised concern
ing the assets and liabilities of the self
admitted bankrupt and coal operator.
That date was set by Judge Pollock
on Saturday as the time at which Mr..
Devlin will have to appear before the
United States district court and file an
amended schedule of his obligations and
present convertible cask holdings.
Public announcement was not made
at that time Of the date. N H. LOOMS,
special referee in bankruptcy, acting in
the place of Referee Slonecker, gave
out the information this morning. It
was originally understood that the time
would be July rs, twenty days after the
time of filing the voluntary petition,
and so originally announced. But ten
days extra were added, to give Mr.. Dew
lin little more time to recuperdte from
his Illness, for his personal aid in the
matter would initiate much in the di-
rection of giving a more accurate sched-
uie of assets and liabilities.
Il understand that the time was ex-
tended" said Mr.. LoomiS this morning,
$50 as to give Mr.. Devlin a chance to
get in better health and help in making
up a statement. His personal assistance
in the matter would of course be a
great deal of help. I know of nothing
else Of the conditions, and of course
can say nothing. My position is similar
to that of Judge Pollock in the matter,
in fact L am acting in his place during
his absence. l expect that there will be
meetings between myself and the attor-
neys for the creditors at different times
to talk matters over
On this same date, August Z, the cred
itors will meet for the purpose of elect
ing trustees and jnauiring. if they so
choose, into the affairs of the bank
rupt Mr. DeVlin is the moving spirit
in this case, Just as any man who
brings suit, who must go on the stand
and make his case. So in this instance
the creditors may examine Mr.. Devlin
concerning his assets, and in that way
gain further information than the filed
schedule of assets and liabilities sup
plies. This investigation may continue
at any length to the satisfaction of the
creditors
From this it can be seen that Au-
gust Z, like the date on which the re-
ceiver of the First National bank
makes his report, will be the only dates
until they occur, at which official and
authoritative statements will be given
out concerning the facts of the case.
Regarding Criminal Procedure.
Much talk has been current concern
ing criminal procedure which may be
taken against the bank officials. AS
eistant United States Attorney Nc
Keever was asked to say something
about the matter.
"I noticed the statements in this
mornings newspapers in the dis
patches from Washington" said Mr..
McKeever today, chat the bank did
nothing criminal in loaning so much
money to Mr.. Devlin, because the
loans were divided up among the
various companies. But do not care
60 say anything in regard to the mat
ter. AS yet I do not know anything
about the inside facts. The govern
ment will not be dilatory. however. if
someone did wrong. There have been
come depositors in here, who were
very much wrought UP and spoke of
criminal proceedings, but that is all
there is to that feature. So far our
Office has no official information of the
inside facts and can say nothing about
the matter"
Apply to Chicago Court.
Chicago, July 11.-Attorneys for the
receivers of the Devlin properties APP
peared today before Judge S. H.
court here and announced prepare
ment of a proposed attempt to insti-
tute federal bankruptcy proceedings
here against Charles J. Devlin, who
owns two-thirds of the stock of the
Topeka bank Judge Bethea had pre-
viously announced that bankruptcy
proceedings would not be considered
by him unless a showing was made
that Devlin has property within the
jurisdiction of the federal court of this
district. 1t is said that Devlin owns
property in a number of Illinois mine
counties and an effort will be made to
appoint the same receivers for this
property as for the property in Kansas
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