Amador ledger., 1909-02-19

IObHl IBC6lDbS ClOOOO' 10 |
Total credits, exclusive of
attorneys and receivers
compensation $685. 81
Balance cash on hand Sl2513. 6S
Expenses already paid and
charged, exp. account,
since June 4, 1903 S701. .02
Receivers personal expenses 294.G
The condition of the bank in liqui
dation at the cIoCe of business Fehru
airy II, 1909, is set forth as follows:
Resources.
Overdrafts unsecured s 74l.64
Cash on hand 1I29.O9
Deposit with Crocker
National Bank l1019.42
Balance due on remaining
portion Of bank premises 10000. 90
Invested in other real estate l250 w
Loans on personal security 339U0 16
Invested in stocks and bonds 22015.0O
Owing to interest account 1889. "a
| mortgage loan on realty 2U0. 90
Expense paid 701.02
Assets short 13992.72
Profit and loss 1927. 81
----.--
Total s117296. O6
Liabilities.
Due depositors and creditors SS6644. Al
Rents and dividends collected 651. 80
Capital stock alleged to
have been paid in coin 100000
Total S117296.06
The list of notes on hand, covering
loans on personal property, totals
S3390O. IL. The list includes the
following as the heavy amounts ex
ceeding $1,000 each:
Chas. Erickson and j. Dennis S348l 90
Dennis and w. D. Manson 1900 90
WilfoId Dennis, balance due BIO 81
Edward A. Ellsworth 1880 90
Sunset Contract & Supply 90. 5000 90
Cal. Pressed Brick Co. 100 90
Cal. Pressed Brick Go. $500 20
Sunset Contract Il Supply 90. 1884 81
The report concludes as follows:
Fred Eudey, hereby renders the
foregoing account as and for a full
account OF his receivership, in the
above entitled case, down to the 18th
day of February, 1905, and reports
as follows:
That he was appointed as receiver
in the above entitled cause on the
25th day of May, 1908, by order of
this court duly given and made, and
Immediately qualified by taking the
oath and filing bond in the sum of
S95000.
That on the 9th day of June, 1908,
your petitioner vas served with an
order to show cause why the petition
of cne |. p. Allen, of Alameda county,
California. discharging petitioner as
such receiver, and placing said |. Z.
Allen in possession and control of
the property and affairs of said bank
was served upon him; that in re-
spouse to said order petitioner ap-
peared IN court with his attorney and
opposed the application ut said 1. 2.
Allen, who claimed to be the owGer
of IS per cent of its liabilities; that
the application of said Allen was
denied, and your petitioner continued
to administer the affairs of said bank. |
That on the Doth day of jane, 1908,
of fn iG
court and order made authorizing |
him to do so, paid the second install
ment of state and county taxes due |
from said bank for the year l907-9,
amounting to the sum of S48lG
That on or about the oath day OF
July 1908, your petitioner received |
information that the state board OF
bank commissioners had failed to pay |
f.. n Soracco 5000 of the amount |
due him as the custodian prior to the !
appointment of receiver, and that
it would be necessary to have said
amount returned TO them in GTder |
that they might settle with said |
custodian. That thereupon petition
er presented a petition to the superior
court presenting the facts, and OBJ
taired an order directing the return
OF said money to the bank com
missIoners. which order was complied |
with Immediately.
That on the 18th day OF August,
1908, your petitioner compromised,
under order of court, claim against
V. M. Colt. by receiving $50 in cash.
and a promlssory note to cover his
overdraft of 5l684, "a.