Carson City daily appeal. [volume] (Carson City, Nev.) 1907-1930, 1907-11-01
Vote Of fConfidenCe Given at Meet
ing Of Depositors Last Even
ing and Signatures Are
Coming In Rapidly
BANK MAY OPEN TUESDAY
If DepositorS Will Get Their
Names on Agreement
In Due Time

VI ttIS Jain WHICH Is dS 1OIioWS.
This agreement, made and entered
INTO THIS ....... day ...... OF
November 1907. by and between the
depositors and creditors Of The State
Bank < Trust company. and by and
between each other and by and be-
tween one and each other. and with
The State Bank & Trust Co. Wit
nesseth:
1t is mutually covenanred and
agreed by the parties aforesaid as
follows
That Whereas. The State Bank &
Trust company. a corporation duly
organized and existing under and by
virtue Of the laws Of the State of
Nevada. has been forced to close its
doors and forced to suspend busi-
ness and suspend payment to its de
positors and creditors. and
Whereas. We and each of us firmly
believe that it would tend greatly to
our interests OF the general
public to save said Bank from being
thrown into a receiyership. and that
the throwing OF said bank and all of
is properties and property rights
into feceiyership would he very
! Injurious to the creditors and depos-
itors OF said bank. and having full
faith and confidence that it would be.
greatly TO the interest to all parties
concerned. and TO the undersigned
to extend further credit. and further
time to said bank within which to
collect its assets. be If
Resoved: that we agree one with
the other and with The State Bank
q Trust company. for mutual con
sideration as follows:
|. That We will not call upon The
State Bank 4 Trust company. nor
upon any OF its agencies. within three
months 90 from the date thereof. for
the payment OF any part of our de
posts or credits, hereby agreeing
that any sale transfer or assignmen.
If our said deposits or credits shall
be made subject to the terms of this
agreement.
;. The State Bank 4 Trust com
pany. on its part. and under aud bv
virtue OF Il resolution OF It's Board of
Directors. authorizing and empowe,-
ing its presl,.enf or secretary so to
do. agrees with the UNDERSIGNED its
depositors and creditors. 70 pay. upon
call within three months 90 from
! the date thereof ten per cent of their
! several amounts due and within six
/ months 90 from said date TO pav
twenty percent of their amounts due
and within nine months 90 from said
dare 10 pay twenty per cent OF their
several amounts due. and within
twelve months from std date
TO pay all balance due said de
positors and creditors. as the same
may be called for
;. 1t is further mutually under
stood and agreed that the parties
heretofore shall not be bound bv an,
OF the presents in the event that SAID
The State Bank ( Trust comnanv
} shall be thrown into bankruptcv. on
in the event that receiver shall be
appointed TO take and hold over any
Of its properties but that these pres
ents shall be binding only in the
event that said The State Bank &
Trust company shall continue its
business, and in the ordinary course
OF its business
1. 1t is further mutually under
stood and agreed that these presents
Apply to The State Bank & Trust
! company and al its branches. and tt
the undersigned. and all heirs. sue
cessors in interest. executors. admins
/. traitors and assigns of the parties
hereto.
In witness whereof, The State
Bank & Trust company mas caused ii:
name to be signed and corporate
, seal TO be affixed by its president ant
secretary thereunto duly authorized
| and the creditors and daDositors O