Norwich bulletin., 1912-10-04

now liquidating agent of the bank, had a conference with Bank Commissioner George Fl. Newell. Negotiations are now pending for the sale of the as sets of the bank and 1t is expected that the sale will be consummated in thirty days. The success in winding up the affairs of the bank Is even in excess of the anticipation of the bank officers.
 When the liquidation was first un- dertaken, 1t was expected that two, and possibly three payments would have to be made were the bank suc- cessful in paying Its full indebtedness, but it Is now practically certain that full payment will be made at one time to depositors.
 When the bank suspended business it's total assets were $26,600, divided among 211 depositors. Dividends were paid in full up to January 1 of the present year. Therefore the only loss the depositors will sustain is the in- terest from January up to the time of payment, eleven months. The loss from this source will be comparatively small, as the largest single deposit is $4100, and the great majority of deposits are very much smaller.
 There were three separate repub- Iican caucuses held in the Westerly town hall, Thursday evening, namely the First and Second representative district caucuses to elect committee men, and the general caucus to elect delegates to the state and congress sional conventions.
 The First district caucus was called to order by Dr. Michael H. Scan1on, chairman of the district committed and was made permanent chairman. Everett A. Kingsley was chosen secre- tary. Judge John W. Sweeney placed in nomination the following and they were elected: Dr. John M. O'Con- nell, Harold D. Thorp. George B. Ut- ter, Alfred J. Pierson, Charles F. Berry, Edward J. Burdick and Joseph Gourlay. Judge Sweeney explained that Dr. Scanlon was not a candidate for reelection and had suggested the name of Dr. OConneil as his success sor.
 At the caucus of the Second district, William l.. Clark called the session to order and Eugene B. Pendleton was chosen chairman, and Arthur L. Per- ", secretary. Upon motion of Frank W. Coy these committeeman were elected: William Clark, Samuel H. Davis, Martin H. Spellman, Lewis Stanton, Arthur L. Perry, James Nc Call, Daniel F. Larkin.
 Then came the caucus for the elec- ton of delegates to the state and sem atorial conventions William Clark, chairman of the town committee, read i the call and stated the business to be the election of six delegates to the state convention. six delegates to the 1 Second congressional convention and a town committee. Eugene B. Pendle- ! ton was chosen chairman and Arthur i L. Perry clerk. The delegates elected | to the state convention are Congress- man George H. Utter, Arthur L. Per- ", Dr. Michael H. Scanlon, Judge Ed ward M. Burke, Judge John W. Swee- ney, Councilman Maurice W. Flynn i On motion of Everett E. Whipple the delegation was authorized to fill any vacancies that might occur. l It was voted that the delegates elected to the state convention be
 also the delegates to the congression-
 al convention, both conventions be-
 ing held in Providence on the same
 date.
 It was also voted that the members i of the committee of the First and Sec ond representative districts constitute i the town committee.
 | There were twenty-three republi cans present and the three convention. were in session a total of just thir. teen minutes.