The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1911-05-11

Total number of foreign checks. 676
Besides this 1000 more were mailed
to different parts of the United States,
including every state in the union
The above table, showing where
checks have been sent to foreign lands
to Zion investors, shows that the Dowie
will-o '-the-wisp drew money from
the pockets of almost every nation
The receivership over the Zion es-
tate is at an end.
Receiver Gus D. Thomas, who has
made remarkable record as fnan-
cier in his capacity as receiver, such a
record as to attract national attention
for it's excellence, filed his final report
which was at once accepted. His dis
charge from all duties followed.
The final dividend of 2S cents on
the dollar, following first dividend of
10 cents on the dollar to investors all
over the world, was put into the mails
April 26 and 81, and by this time all
investors in this country have re
ceived their checks.
The load of moral and business re-
sponsibility off his shoulders, Receiver
Thomas is a happy man. No more
conscientious, painstaking, solicitous
or competent man ever assumed so sue
cessfully such large burden or car
ried it so well. With his family he left
for Los Angeles, California. Mrs.
Thomas, his mother, remains at Zion
City this summer, but will leave for
the west next winter.
Receiver Thomas plans are not yet
fully determined upon, but it is be-
ieved that he will connect with a com
pany to exploit 4,700. acres of land
near Los Angeles and that is backed
by fifty millions of dollars. The re-
ceiver will act in leading capacity.
Figures on Estate.
The following are general statistics
in regard to the Zion estate, for every
last penny of receipt and expenditure
in which the receiver has accounted:
Cash received and paid out by receiv-
er during the three years of his term
-$1,573, O23.29.
Annual fixed charges against estate
when Mr.. Thomas was appointed, such
items as interest, taxes, insurance and
receivers ,533.
Current expenses different institu-
tions and industries-$97, 200.
This made over $4,000 a year
which Mr.. Thomas had to and did pro
vide for expenses.
Announced Final Dividend.
Receiver Gus D. Thomas, receiver
for the Zion City estate and industries
on Tuesday announced the declaration
Of the final dividend of/2.S per cent
upon all claims against the estate of
Zion the checks for the amount were
received in Zion City the next morn
ing.
General Overseer Wilbur Glenn
Voliva received check for $4,000 as
his share of the dividend declared
This amount represents the dividend
on the claims assigned to him, when
he first took control of Zion City. The
total received by the general oversee1
to date is $4,000.
In a letter which has been sent to
every holder of any claim against Zion
no matter how small, Receiver Thomas
accounts for every dollar of Zion s
money which was intrusted to him by
the federal courts for distribution
The letter follows:
Letter to Claimants.
To the creditors of the Estate of Zion:
As final payment Of your claim
against this estate, [ take pleasure in
enclosing herein check on the Chicago
Savings Bank and Trust company
Chicago, H., for two and eight tenths
per cent. You have already received q
dividend of ten per cent, enclosed il
the receiver letter Of March 2, 1911
The sale of the estate, as shown by
said letter of March 2, was for 1878.
900. The receiver has received 81, 1896
IS in interest from banks 9TH which
this was deposited, making total OF
SCI, 32e7s, Which has been distributed
las follows