The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-09-30
BRADLEY CLOSES UP.
Receiver of First National Completes
His Work

The office of the receiver of the
First National bank was closed this
afternoon and James T. Bradley, who
has been in charge of the affairs of
the bank since July 5th. 1905, termi-
mated his connection at the same time.
He received $4,000 per year for his
services OF a little over 1900 The
attorney fees were over $4,000, of
which Mulvane & Gault got the bulk.
The office which has been almost con-
tinuously maintained in the Shawnee
building at Seventh and Jackson
streets has been abandoned and the
remaining affairs of the bank will be
handled from the comptroller of the
currency's Office at Washington. D. G.,
where George Rankin. who acts as re-
ceiver for inactive trusts will act in
the capacity of receiver for the First
National The remaining assets OF the
bank which are small will be disposed
or through him and whatever in rhe
way OF a final dividend may be de-
cIared Will be announced from that
office. 1t is not expected that this
final dividend will amount to more
than three per cent
over one million and half was on
deposit when the bank failed S1532-
46O-1T- OF this sum the state had on
deposit. S547,3S9-16. Shawnee county,
$32.73T-1O. and the city of Topeka.
S26,21S.12 The eighty-two per cent
dividend resulted in a return of ST.
261.041-16 to the depositors of the
bank.
James T. Bradley. receiver. was AT
the time of his appointment one of the
national bank examiners of Kansas
Throughout the course OF his receiver
snip he has been open and frank in h!s
statements concerning the management
Of the assets of the bank during his re-
ownership. No attempt was made at
concealment from interested depositors
anything which they desired to know
connected with the banks affairs and
this attitude has placed creditors and
receiver in a kindly relation that is
something of an exception where a re-
is concerned.
Il am fairly well satisfied with the
results of the receivership." said Mr.
Bradley. Il should have liked 70 secure
more from the assets than did and I
was somewhat disappointed over my
efforts. I am we'll satisfied with the
deal 1 made with the trustees OF the
Devlin estate however Very well salts
fed now that things have turned out -
they have. l feel grateful to the press
Of the city for the way in which they
have treated me. shall go beck TO nv
work as national bank examiner and
will come to topeka occasionally"
Mr.. Bradlev's home IS in Sedan. Kan
Walter Neidner. special clerk from
the comptroller's office. will return to
ST. Louis. his home and will be employ
ed by the department there for time
until his assignment TO some other
point.
John Morrisey. clerk. will remain in
Topeka. at the Capital National bank.
where he has secured employment
The effects of the receivers office
have been disposed of and for rent"
sign hung on the door
About 200 checks of depositors remain
unclaimed for. the checks are all of
them for small amounts. ranging from
two cents to probably $50. and because
of the failure of depositors to call for
-hesa checks they will be compelled to
apply to Washington. D. c.. for pay
ment-
The First National bank closed its
doors on July 8. 1905. and the announce
nent of its failure spelled ruin for the
various companies which c. J. Devlin, |
who was considered one of the wealth |
est men of Kansas had promoted.