Omaha daily bee., 1907-01-12
PAY OF RECEIVERS ALLOWED
Judgs Green Passes on Controversy Re
gardins Officer q Tussy Bank.
MURPHY CLAIM CUT THIRTEEN HUNDRED
John Bernesheim Allowed Lump sum
OF Three Thousand Dollars,
which IL Amount of the
Bill Rendered.

Judge Green yesterday disposed Of IN,
matter of the Compensation OF John Beres
helm and l.. f. Murphy. receivers OF tn,
Officer & Pusey bank, which has been hang
ing fire since January. 1906. The receiver,
were appointed September II, 1900, a few
days after the death of Thomas Officer
senior member Of the firm, which pre-.
cipitated the crash of the bank. supposed
TO be one OF the Boundest financial institu.
ton in the state of Iowa
In his original application for compensa-
ton Receiver Murphy asked that he be al
lowed 81, 100 year for the first four years
and S1,G0O for 1905, making sll.2DO in ALL Mr.
Beresheim asked to be allowed lump sum
Of $1,000. All of the clerical work Of the
receivership devolved upon Mr.. Murphy.
The amounts asked for by the receivers
were resisted by Attorney ]. ]. Stewart.
representing some of the largest creditors
of the defunet bank The hearing was then
postponed at the suggestion of Mr.. Stew
art and 1t was not until yesterday that the
matter finally came up for disposal
The amount asked by Receiver Beres-
helm was allowed in full but the court
made a reduction In the claim of Receiver
Murphy. He allowed him 81, 400 year for
the first two years, $500 for the next two
years $500 for 1906 and $500 for 1906. making
a total Of slO,s0o. From this Is to be de-
Quoted $500, which Mr.. Murphy has al
ready drawn on account.
At the time the bank went into the hands
of the receivers its liabilities were sched-
uled at 1924, 456, with assets of $566,S79. As
was expected a considerable portion of the
assets proved of little or no value and
others uncolIectable.
To0pthar With he vrooaod. 90 tho o.., A.
OF Thomas officer the creditors of the de-
funct banking firm have received divi-
dends amounting to 621k per cent of their
claims and Receiver Murphy announced
yesterday that 1t was likely another divi-
dend OF 21h per cent would be paid in the
near future, making a total Of 65 per cent
which the creditors will have realized.
The receivers have on hand Sll,lF.67 and
there is 5000 in Chicago. In addition 20
this II is understood that Attorney Stewart
administrator Of the estate Of Thomas Of
fcer, has some funds on hand and from
these two sources the last dividend of ~
per cent will be paid.
In the divorce suit of Carrie NJ Smith
against Fred c. Smith, Judge Green yester-
day handed down his decision awarding
the decree of divorce to the husband on his
cross petition and taxing the costs against
the wife. The court also decreed that the
title to the property. which IL at present
in the wife's name, should be in the hus-
band The trouble between the Smiths
eliminated in the divorce court after Mrs.
Smith had shot her husband in the thigh
with a revolver the wound confining him
to the hospital for several weeks.
Judge Green overruled the motion OF the
.defense for a new trial In the personal
Injury damage suit of John Burgar against
the Omaha q Council Bluffs Street Rail-
way company, in which the plaintiff secured
a verdict for 5000.
A motion on behalf OF the defense for a