The Hartford republican. (Hartford, Ky.) 18??-1926, 1908-05-29
CALL FOR 100000
ON STOCKHOLDERS
In Defunct OwensbOro Say
ings Bank & Trust Co.
Statutory Liability Of the Stock =
holders will be Enforced In
Few Days.
The Greensboro Messenger says:

The suit filed in the United states
Court by John Conway and other out
of-State creditors of the defunct Ow-
ensboro Savings Bank and Trust COM
pany has received the attention OF
Judge Walter Evans and the motion
enjoining all creditors from prosecu-
ting any action against the stock
holders for their statutory liability,
except by uniting in this suit. heard.
The court decreed that the action pro-
coed in the name of Conway and 9TH
ers in behalf of parties similarly cir
cumstanced. and appointed T. A. Ped
ley receiver. requiring an additional
bond OF $4,000 of him.
The appointment OF Mr. Bedley
as Federal receiver for the bank gives
him the desired authority to enforce
the statutory liability of he stock
holders as such receiver and does
not interfere with his appointment as
receiver by the State court. 1t means
that out-of-State creditors have avail
ed themselves of the opportunity TO
bring suit in the Federal Court 10
invest Receiver Pedley with this au-
thority and any other of the Federal
Court will not at all abridge the
rights of creditors residing in the
State, but will consider the inter-
ests of all together.
1t is well known that the stock
holders of the defunct institution
will be called upon for 100000. In
few days the United States mar
shall will begin serving notice upon
the stockholders Of the institution,
calling upon them to turn over to
Receiver Pedley their pro rata of
the assessment made against them.
If any of the stockholders resist
the payment of the double liability,
which it is probable they will do,
their recourse will be in the Federal
Court. 1t is understood that several
of the stockholders claim that upon
representations the solvency Of the
bank they were induced to purchase
stock.
the appointment of Receiver Ped
ley requires of him the filing in Fed
elal Court of a statement of the as
sets and liabilities of the bank, as
well as a determination of the LA
bilities of the stockholders and an
assessment for the benefit of the
creditors of amounts equal to the par
value of the stock held by them.
The stockholders of the Greensboro
Savings Bank and Trust Company will
be called upon 10 pay to Receiver
Pedley the following amounts:
James II. Parrish, $40, 400; E. Rice,
$4,000; Mrs. NJ. l.. Felix, $4,000;
]. Otis Parrish, $4,000; George w. s.
Parrish. S13,4OO; w. E. Parrish, s1O,-
600; l. n. Parrish, $4,000; w. S.
Wilson, $4,000; A. L. Parrish, ST.
800; Mrs. p. A. Miller's estate, ST.
500; w. H. Owen, $4,000: Preston
Blake, $4,000; L. F. Little, s1,10O;
w. d. Nowlin, $4,000; ]. n. Alsop,
$4,000 Harold Van Trump, $1,000;
Mrs. Virginia Calhoon, $780, Mrs. Vir-
gle L. Williams, $500; r. L. Court
ney, $1,000; James E. Kelley, $1,000;
S. r. Ewing, $1,000; Mrs. Emma Hale,
$1,000; R. A. Miller, $1,000; Allan
Reid, $4,000; Robert Reid, $4,000;
Mrs. NJ. L. Roberts, $1,000; H. n.
Robertson, $1,000; L. d. Smith, $1,000;
r. S. Todd, $1,000; J. S. Fields, ST.
600; W. E. Whitley, $1,000; ]. ]. Tay-
sr, $1,000; c. C. Calhoon, $1,000;
John Hubbard, $1,000; H. T. Welsh,
$500; Mrs H. T. Welsh, 500; Clarence
Welsh, 800; Emmett Welsh, 800;
Wilfred Welsh, 500; C. w. Wells
$500; E. E. Owsley. $500; w. F. Ac-
ton, $500; 7. A. Pedley, $500; d. H.
Quigg, $500; ]. w. Quigg, $500; b. F.
Jenkins, $500; Mrs. G. NJ. Botterff,
$500; Mrs. Elizabeth Parrish. 800; Mrs.
Jessie NJ. Parrish, 800; NJ. L. Parrish,
800; Mrs. A. l.. Parrish, 500; Miss
Sue Parrish, 500; Mrs. NJ. NJ. Lump
kim 800; w. E. Parrish, Jr., 500;
Mrs. Ella Parrish, 500; H. X. Cole,
5000; Parrish Bros, $500; William
Calhoun. $1,000; H. S. Parrish, 5000.