The Washington herald., 1912-05-08
NEWSOFALEXANDRIA
Depositors in Dsfunct Mercantile
Association 10 Get so Per
Cent Dividend.


i In the case OF +. F. Marbury and
others against the Mercantile Railway
Building ana Loan Association a de-
cree was given by the Circuit Court
for this city to-day dlsposlng OF ali OF
the contested duestions regarding the
defunct institution at hand. and also
directing the receiver 20 advertise and
sell all real estate on which loans are
due the association and, in part. said
sales to be made Tor cash.
The decree given to-day is on the re-
port OF H. Noel Garner. special COM
missioner, made January last, and
on the exceptions Med n behalf OF the
following: virginia Roxbury. J. X n.
Merton and Howard W. smith,. receivers
Of the Virginia Safe Deposit ana Trust
Corporation; the Second National Bank
Lyles. s. E. Deeton. ". H. Hampton.
u. n Davis. I +. Davis. Thomas F.
Fletcher. A. Z. woodward. A @. Steele.
Ada v. Laing. and Eugene Payna
The court DEGREES that the errors and
various exceptions based upon the idea
that the defendant had no authority to
borrow money. IL overruleds that the
exceptions to the receivers OF the vir-.
ginia Safe Deposit and Trust Corpora
ton and OF the second National Bank
OF Culpeper, Va be and are hereby
sustained. the court being OF the opinion
that the notes aggregating the sum Of
ss79.sz embraced m the said exceptions
should be allowed as q claim against
the defendant association. along with the
other notes aggregating So3ol.ss allowed
by the special commissioner, and the
court IL Of the opinion that the de-
depositors in the savings accounts OF
the defendant association were not stock
holders but creditors Of the association.
II is further adjudged. ordered. and de-
creed that the depositors in the said
association are declared 10 be creditors
OF the association. and shall be allowed
70 share equally with the holders OF the
notes above enumerated. and the report
OF the special commissioner Is amended
In this respect.
II IL further decreed that the exceptions
to the allowance Of the sum Of $50 as a
preferred claim on account Of advance
payments made by holders Of instaIlment
stock on the shares held by them be. and
the same is. sustained the court being
Of the opinion that the stockholders are
not entitled to preference.
II Is further decreed that the excep-
tion to the report Of the special commits
stoner allowing 3I2s2 as a preferred
claim on account OF unpaid dividend
checks Of the association be and the
same is overruled, the court being Of the
opinion that the holders of said checks
are creditors Of the association and that
they should be allowed TO share in the
assets Of the association equally with
the holders OF the notes and the depos-
itors hereinbefore mentioned.
II Is further decreed that all other ex-
ceptions to the report be overruIed. and
that the cause be re-referred to H. Noel
Garner. special commissioner, for q re-
port on the petition OF Ada V. Laing.
The City Democrats Committee. at
meeting held tonight at the Hotel Ram
mel. decided TO hold primary IN this
city on May Is for the purpose Of elect
ing delegates to the State convention,
which viii be held in Norfolk. Va. on
May . for the. purpose Of electing dele
gates to the Democratic National Con-
vention, which will be held In Baltimore
In June. The hour for the primary was
fixed from 3 until .. m. Candidates de-
string to enter the primary must submit
their names TO the secretary Of the
Democratic committee on or before noon
Monday. May Il and said names must
be accompanied by a check for IS TO
cover the cost incident to the expenses
which viii be incurred in holding the
primary. The present judges and clerks,
10 was decided. will be employed to serve
for the primary.
This city will be represented at Nor
folk by twelve delegates, having one vote
each In the event that there are only
twelve candidates. the primary will of
course. be called on. In view OF the fact
that the candidates will be compelled to |
put up IS. and in addition thereto will |
have to pay their own expenses TO Nor
folk. II Is not thought that there will |
be a mad scramble on the part OF any
to receive the honor OF being delegates |
to the State convention
At a called meeting Of the board of
police commissioners. held tonight, It |
was decided to adopt . cap for the po-
licemen for summer. similar to the caps |
worn by the members Of the Washington |
police department.
This will be a substitute for the old |
style helmets formerly worn during the |
summer months by the members.
Mayor Paff explained to the board that |
he had examined caps in Washington |
similar to those now used by the WASH /
ington policemen and found that they |
weighed five and one-half ounces and |
cost $780, while the metal shield cost |
IS cents
Mayor Pan was instructed to procure |
a sample cap, which will be examined |
by the members of the board at its |
meeting Wednesday night next.
Commissioner Bryan asked II City /
Council had taken any action on the |
resolution of the board asking for the |
appointment of three sergeants, in con- |
formity with the recent change in the |
city charter, made at the last session |
Of the Legislature. II was explained |
that this matter could not. under the 1
law, become operative until ninety days |
after the adjournment Of the legislature. |
which win be about June Is. However, |
City Council has done nothing in the
matter except to refer the resolution TO /
4 committee, and the committee has /
not yet passed on the matter. II was
explained.
Della Todd. coIored. who died several /
nights ago. came TO death from natural
causes. This was the verdict given to-
night by a coroner's jury which met at
Demaine's undertaking establishment.
But one witness was heard. ]. E. w.
He testified that he had ex-
amined the stomach Of the deceased for
'trychnine and arsenic and found traces
II neither.
The jury was composed OF the follow
ng: Charles p. Waller. ST., foreman;
Tohn McCuen, F. C. Puliin. James B.
Fitzgerald. James 7, Patterson. and John
Fisher
The sudden death Of the woman called
or an investigation. The jury was pre-
'ided over by DR.. S. B. Moore. coroner.
The plans made by r. E. Lee Camp.
Veterans. for It's annual
services to be held the after
loon OF May y. provide for a ceIebra-
lon at the monument AZ washington !