Daily press. [volume] (Newport News, Va.) 1896-current, 1910-12-04

form the court of the ccndi ions they
found in each banking house. IL j.
shown that the receivers were treated
splendidly by the officers OF Fauquiei
county, when they visited the Two
banks in that section. The sheriff ia
ALREADY attached everything in the
banking house. but assisted the receiV
ers in getting at the bottom of every
thing. The receivers compliment Mr.
Walters, cashier of the bank al Mid
dleburg. and the two Boyentons for
rendering all the assis ance possible.
When the creditors meet here Tues
day morning permanent trustees will
be named to close out the affairs of
the three banks under the order OF ths
United states Court.
r; is shown in the report that the
total excess liabilities over the assets
Of the bank at UpperviIle are $15.-
91O.SS: the bank at Middleburg shows
$l,363.55 excess liabilities over the as
sets. while the excess liabilities over
the assets are given at $10,772.98 in
the case of the Hampton bank:
In the report the receivers snow tha-
the amount due the deposiiors In gen
'eral IN Hampton Is $1f,171.65: snd g
special deposit due Jacob VI. Smith
$4,000. which was deposited by. Rob
ert G.. Hickok, but which Is now hel
by Jacob NJ. Smith The other liabili
ties in the Hampton bank are given
follows: Due. Bank o. Hampton, $685.
on unpaid checks; Agnes Bright. jani
tress, "a: CITY taxes. 1910, $2156:
county and state taxes, 1910. $e9.Ss. !
1t is also shown that the fixtures
the Dalk at Upperville are worth $500;
at Micdleburg, 5000: individual prop
erty Of W. II. Boyenton at Upperville
$1,000.
The assets in the Hampton bank
are: Bank building and lot, $4,000;
bank fixtures, s1.0sS.50; bills receiv-
able, current, $5,743.Sf: old bills re
ceivable, which were not being re
newsd. s3,1ss.41.
Your receivers further report say
the receivers, that the only piece o.
real estate which they are abe &c
find is that above referred to. in the
CITY OF Hampton. va. and which stands
in the name OF = ohm C. Boyenton, al
though both partners admit and con
cede that it Is the property Of the
partnership. .
Kept No LEDGER.
"Your receivers further report that
here was no general ledger kept By
the bankrupts at any Of their three
BANKS: that only individual ledgers
we're kept. and that IL was no swal'
task to your receivers to fnd thei,
way through these two ledgeis. Ths
Bank OF Middieburg had been in oper.
aiicn Only a few month"; and the book
keeping was arpareEti mere careful
and gave the receives less trouble
than any OF the others Your receiy
ers further state that Messrs. W. -
end John c. Boyen:cn and ". r. Wal
tiers have given all the information
which the receivers asked Of them
and have rendered them all or he as
sistsRce in their power I'm getting the
necessary data to frame this report
Your receivers would further repori
that they took IN inventory Of boil
the banks at rpDeryilie and at tht
Bank of Hampton themselves. sne
owing to the chaotic conditions OF AZ
fairs in the Bank Of Hampton Il has
taken them several weeks to get to
gether Vhst they consider a practica
and complete lis; OF assets and Habili
ties Of all Of the said backs. tha
they have notified all persons hsv!ns
notes in any Of the said bsnks>of thet'
obligations and when due and PAYABLE
and have made every Ebert 10 reduce
the assets Of the estate TO c'sh. -
far as they have authority to do So
that they have collected several out
standing uoies. a. weil ss numSel
Of checks. which we're in said banks
for collection =; the time OF theii
closing: that they have sscertsines
from various banks. With vnicb Boy
enion & Co. did business the bal
snccs and bsve gotten possession o
said balances. Would fgrthcr rcpoT
that al o. the books end papers o
ssid banks are nov IN their possesiei
in the banking house q B1ycDfon 4
Co. IN the city Of Hampton
u Is shown that there are a total o
1gs deposltcrs 10 ting bank a. Upper
vile. and ttos there largest deposit
CT there Is siss Clara Boyeutea. riti
. ts.sco.ss. Other large desositors sfe
r. ~ DELANEY. xs1s57. a. c. Reid 4
On. 1919 a.. G. ~. Wihehirc. AZ q
n y Saunders. tI-5fez- Nrs. y.