Evening star., 1934-06-30
RECEIVER SEEKS
DIVIDENDS PAID
BY PARK SAVINGS
Suit Asks Return OF $49,-
900, Charging Illegal
Payment.
SOME STOCKHOLDERS
HAVE RETURNED CASH
Extensive Exhibit Filed, Show.
ing Amount Received by
Defendants.

In an attempt to recover about
s49, 1000 in dividends illegally" paid to
stockholders of the insolvent Park
Savings Bank after its charter expired
in August, 1929, the receiver, John F.
Moran, today filed suit in District
Supreme Court against 154 stock
holders
Not all of the stockholders are on
the list of defendants because the re-
ceiver already has recovered the full
amount of such dividends from some
of them The only stockholders who
are made defendants in this suit are
those who have not responded to the
demand for repayment of the divi-
dends.
With the suit was filed an extensive
exhibit showing in detail the amount
received by each defendant, the
amount that would be available as
"set-off" against the claim for the
dividend and the net amount de-
manded by the receiver.
Defendants Are Listed.
The list of defendants follows:
Frank E. Altemus Nina NJ Allwine,
A. T. Androus, Wade H. Atkinson,
Eldon L. Bailey. David J. Barry,
Frederick j. Bates, Jennie o. Ber-
liner. Brooke v. Boyer. G. Beale
Bloomer, Pauline Blumenfeld. Law
renee M. Blumenfeld, trustee for
Pauline Blumenfeld; Marjorie l. Blum
frI1 a
Carles w. Bolgiano, Bessie NICE.
Bolgiano, Robert j. Boyd, John F..
Brawner. Lewis T. Breuninger, Jesse
C. Brooke, Walter E. Burnside.
Eugene Casey, w. v. Connors,
Sallie B. Coleman, Robert G. Cole
man, Emma L. Cox, trustee for j. w.
Cox, jr.; Emma L. Cox, trustee for
M. B. Cox, jr.; Joseph w. Cox, trustee
for A. L. Cox; Joseph w. Cox, jr.;
Lawrence C. Crawford, F. M. CriS-
well, Addie P. S. Criswell, Ulysses G..
Cunningham.
Rudolph c. Eichberg, L. w. Estes,
William G. Feely, James M. Fisher,
G. w. Forsberg, Leroy Caller, John O.
Gheen, A. Won STEINER Goltl, E. T.
Goodman.
John 1. Haas, Cora F. Hall, R. W..
Hereford, H Marvin Herndon, Lorena
A. Hewett, Robert M. or Anna B.
Hicks, J. Howard HiXSon, Frank M.
Hobson, John H. Holmead, Clarence B.
Hurrey, Fannie B. Jacobs, julius ia
cobs, David Jacobs, c. F. jacobsen, Mrs.
Natalie Hart Jacobson, James M.
Johnston, A. F. Jorss.
E. S. Kennedy, Laura B. KirkWood,
Ralph S. Kirkwood, Margaret W.
Klopfer, J. Knight, Ralph E. Law
renee, James H. Lemon, Barnum A.
Levitan, M. Levitan, Rena Levitan, H
A. Locke.
Thomas J. Mangan, jr.; Herbert r.
Martin, Mary E. Massie, Pearson S.
Meeks, A. G. Miller, Robert NJ Miller,
Tom Moore, John P McGrath, Ma
thaniel Mountford, Thomas A. Null
lett, C. c. Murray, Cyrus N. Murray
E. E. Murray, Eva M. Murrfy, Gladys
M. Murray, Irwin c. Murray.
Charles M. Nash, Mary A. Nee, sole
trustee U. w., Peter J. Nee, deceased
Harry w. Nichols, Frank Neipold, ]. w
Neipold, jr.; 1. K. Oakley, Joyce
O'Hara, James A. O'Shea, Joseph Ot-
tenberg, Louis Gutenberg. Samuel Of
tenberg, Claude W. Own, ada G
Owens, Norman w. Oyster.
P. L. Paylor, ]. Withrop Peabody
Douglas and Donna M. Powell, Bertha
o. Pressler, George A. Provost, Frank
B. Pryor, George M. Quirk, Elmer H
and Anna c. Roberts, R. Lester Rose,
Mamie F.. Rouse. Jack Rubin.
Fannie Schlosberg, Leo Schlosberg
Maurice Schlosberg, Samuei l.. and
Louise B. Shanks, J. Shulman, Charles
L. Smith, jr.; Charles L. Smith, ST.;
Warren w. Spencer, William C
Strauss. Arthur j. Sundlum, w. w
Taltavull and Richard E. Vincent.
Frank ]. Wagner, William M
Wales, George E. Walker, George o
Watson, Charles c. Weaverling
Charles j. Wetzel Mollie B. Weyman
George w. White, C. c. Winebergel
and Virginia T. Young.
Ordered by Controller.
The receiver declared he was in
structed by the controller of the cur
rency to bring this action against the
stockholders ION the ground said divi-
uClidS WC4C 41lCSdAJ pdlo W oo1o AC-
PENDANTS at time when the funds
and assets of said Park Savings Bank
in the hands of said directors coulo
only, under the laws of the State OF
Alabama, be used for the purpose Of
paying depositors or creditors until
same had been paid in full"
There are more than $4,000 de.
positors to whom the bank owes
more than s3,ooo,OO0, the receiver
pointed out, declaring the bank to
be "hopelessly and irretrievably in.
solvent"
The bank, upon expiration of its
charter in 1929, according to the re-
ceiver, continued de jure for perioc
of five years, for the purpose Of lqui-
dation only
Attorneys for the receiver are J
Bruce Kremer, Herbert M. Bingham
and George B. Springston.