Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-20

STATE or MAINE
Kennebec, SIS: In Equity
SUPREME JUDICIAL COURT
Franz o. Wingata ss AIS, Trustees o.
1allowell Savings xnstitutiou and
Fred r. Lawrence, Bank Commits.
saoner vs. Hallowell Savings xnsti.
tuition.
Petition for Voluntary Liquidation
| To Honorable Justice Supreme Judi.
cial Court:
| Respectfully represents Frank 8
Wingate, John M. Robinson, Richard.
son M. johnson, Dana G. Skillin and
Charles X. Tilden, all Of Hallowell ir
the county of kennebec and State OF
Maine, and Fred F. Lawrence OF
Skowhegan in the County Of Somerset
and said State of Maine, as follows:
..i tlrss; The Hallowell Savings In.
| duly organised under the laws Of the
State of Maine for the purpose OF
transacting the business Of a savings
bank and is now located and transact.
Ing said business at Hallowell in the
County of Kennebec.
| Second: The Plaintiffs, wingate
Robinson. johnson, Skillin and Tilder
are majority Of the Board of Trus.
tees Of said Hahowell Savings Insti.
tuition and the Plaintiff, Fred F. Law.
| AoHSO ~ SHc lawfully appointed anO
| duly qualified Bank Commissioner OF
the State of Maine.
Third: The Hallowell Trust and
Bank1ng Company, q banking corpora
| ton duly organized under the laws OF
the State of Maine, and transacting a
said Hallowell. has offered to take
over the assets and assume the liza.
| bilities of the Hallowell Savings In.
stitution and in the opinion Of the
Plaintiffs the acceptance of said offer
would be. to the advantage of the de-
| and to the community now served b.
| said Institution.
Fourth: For the reason hereinbe.
fore set forth 1t is the opinion Of the
Plaintiffs that it Is inexpedient for
said Hallowell Savings Institution to
continue the further prosecution Of its
business, and therefore make this APP
plication for the liquidation Of the az
fairs of said Savings Institution under
the provisions Of Section SO of Chap
WHEREFORE the Plaintiffs pray:
First: That after such notice and
hearing on this application as the
Court deems proper a decree may be
granted that 1t is inexpedient for said
bank to continue the further prosecu-
| ton of its business.
Second: That this Court will make
and issue such orders and DEGREES in
| the premises as seem proper for liqui-
dating the affairs of said bank, the
distribution Of it's assets and the pro-
lection of its depositors.
Third: That the Court will grant
such other and further relief in the
premises as the nature Of the case
Dated at Hallowell in said County
| of Kennebec, this 10th day Of June,
r. q. wINGATE
r. NJ. JOHNSON,
J. NJ. ROBINSON,
D. c. SKILI.IN,
CHAc. X. TfLDEN.
trustees OF Hallowell Savings Insti-
FRED F. LAWRENCE.
Bank Commissioner of Maine.
STATE OF MAINE
Kennebec, IS. June 10, 1928.
Personally appeared the above named
Frank S. Wingate, John M. Robinson,
Richardson M. Johnson. Dana C. Skill
| lin and Charles X. Tilden, (trustees)
| and severally made oath that they have
read the above bill and know the con-
tents thereof. and that the same is
+ GEO. A. Stafford,
Justice of the Peace.
STATE OF MAINE
Kennebec, SIS. June IS, 1928.
Personally appeared the above named
| Fred +. Lawrence and made oath that
| he has read the above bill and knows
the contents thereof ana that the
same is true.
| Before me,
(seal) EMERY o. BEANIE,
Notary Public.
STATE OF MAINE
kennebec, ss.-Supreme Judicial Court
in Vacation.
Upon the foregoing application It Is
hereby ORDERED
That a hearing be held at the Court
House in Augusta, in said County of
Kennebec, on Monday, June 20. 1925,
at ten o'clock in the forenoon, and that
notice thereof be given by publication
of copy Of this application with this
| order of notice thereon, in the Kenne-
bee Journal. a newspaper printer and
published at Augusta, in said County
of Kennebec. said publication to be for
three successive days, the last day to
be at least seven days prior to said
June 20. 1925, that all persons inter-
ested may then and there appear and
be heard relative to the allegations Of
said application il they see fit.
Given under my hand this eighteenth
day Of June, A. D. 1925. -
NORMAN L. BASSETT,
Justice Supreme judicial Court.
Attest: c. W. JONES. Clerk.
june19d3t