The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1923-03-08

- - - ite ENeouttro n
Trust Company '' KENNEL
ana
FRED +. LAWRENCE
fa1sls oommis.io,.
kENNEBEc TRUST cdo,n,
To the Honorable Warren g. 'I ~ MY
Justice OF ~ supreme .Jna; nn,htbrGl
Respectfully re1Iresoalt Gs Cea3
Perkins, Charles w Vie,,eH' Foli 4
Daviau. Nat. II. Barrss%t N u", Ar&
G. Il. Keleher and ELp Noya. Lad
| Waterville in the County ~ 81 az
and State of Maine, aud FreaN Ie,anetl
renee of Slzowheean. In tbe TI,;l "a
somerset. anu said stare. tbs1
complain against the Eennohn-1'
company OF. said Watdrville ,nsi y
First: Or the plaintiffs. CSrra,,
i'erKlns rs ires1dent. Nat IT, Bar,aj
is Vice. President, Charles " Vvarfol
Treasurer of the defeadant igne]
and. these THREE with Artbnr na5
W. a. Hager. G. p. Keilohe~ ava az Z
NoyesN are seven of The eight -. =
constituting the Executive p ,'sup
the Directors of the said Ea..uI
Trast Company. an incorporoted N.
Company organized under C,ban,1
of the Public Laws OF Maine f1 ~ "
and the said Fred +. Tawrrnroo +. "
legally qualified Bank uomruissionsIV7
the State of Maine; all of ,be' ~,
inns are acting herein hv rirt pha1
Chapter 81 Of tho Revised Stofn,as
Maine for 1916 and any relatjve !,
or amendments; the said KennsI
Trust Company has It's nrincinai n,a
of business at said, Waterviue avn ~
der lawful authority Is maintain
Branch in Jaekman. Somerset CnTs
Maine:
SECOND: The said plaintiffs ~,
the opinion that in vfew Of certain \
portunities now open, 1t is inexnesIj
for said Trust Company To continns
further transaction of its husinas.
THIRD: The Kennebec Trust 81
pany on the tenth day of January
D. 1929, at special meeting, al
Stockholders and Board of l,Irec,,i
n quorum being, presept in each,
stance, notice for said lreetings,m{
contained proper referehce to tHe'u
ness acted upon andfh5ying been,
given, the follow ing. actaon was III
''VOTED: That N Is mexpedN
for the KennebeeiBtn CombfA
10 continue the furtiW' irausisGd
Company. and Me, IszHsidont. Tread
hereby authorized rfrd directed N
join with the Bank Commisslon1
of this State in an application d
the Supreme Judicial Court a
Maine asking for authorization a
allow the President and Urea surs)
as n Liquidation Committee to ll]
uidate its affairss provided, howl
ever. that il the CONTINUATION for
inc of the Jackrnan Branch Il
said Trust Company seems adris]
able TO said Liquidation Commit
tee. such eontinnaron ia hersr
approved
WHEREFORE. tho Plaintiffs pMyl
]. That such notice rs to the I'd
seems proper, shall@be ordered ioi
depoSitorS in said Trust COMPANY
wen as to amy parties interested.
?. That the Directors Of said Kl
nebec Trust Company be authorized
.liquidate the affairs qf said Trust CO..
;pany, distribute Its assets and protd
Hts ,depositqrs in, Faehlmpnner pnd
such means az this Court may hers
ter determine ana ahng the rnrpbratl
known rs the Kennebcc Trust Col
'pauy may be- lissolVtR} -
! 3. That the President Carroll
Perkins. and The freasurcr Charles
NiGue be airshbri2adkto act for hndl
bohalf of tho defendant aa n LIQUID
zion Committee, and that Their ctygl
by tho, directors IA Il liquidation tod
lnittce be affirmed.
=. !. The plant IFS Decay fer spch.lga
Their and equitable relief as they nd
M law and equity BE- entitled To- 4
ceive and that all processes may rs
and All things may be done which,
the opinipn, OF the GeWI are. req4a
fnr tho safety of the puhlic hs4
the best Interest OF HI parties q
cerned. = 80
And "a IN, duty bonna' thoy WIN II
''n Dated this nrst das'9f rssyra|
n. 1923. q
CARROLL " PERKlNSftl
NAT. II. BARROWS III
C. Il. KELLEHER
ARTHUR DHE1At
f. D. NOYES.
w. a. HAGER
CHARLES w. WJGCE
FRED +, LATRENCE