Evening star., 1939-07-10
WILLIAM E. RICHARDSON. E HILTON
JACKSON. J. BRUCE KREMER. HER
BERT NJ. BINGHAM. BRUCE A.
Low, Fl. DONALD KISTLER,
Attorneys.

Piled June 80, 1922 Charles E. Stewart
m un55 THE sssE 81 Ss coYST or Of
sjsia'i5s; s FAX sayings sASk 5ss H ET
ORDER N1sfMThis action being brought
as class action by certain plaintiffs IN
% aad OF e G al She
Bank Corpora ton, similarly situated; in
Guiding among the defendants as a class:
all the stockholders and John F, Moran.
Receiver Of said Park Savings Bank having
defendant directors as liquid atins trustees,
and q, petition having been filed herein by
the plaintiffs and by said John F; Moran,
of an offer of compromise Of all liabilities
Of the defendants who were formerly direc-
tors Of the Park SAVINGS Bank upon the
$500. 0000 within ninety 900 days after
the final approval q said offer OF compro-
its entirety only. and of which amount the
sum of $3.50 10000 will be allocated to q
$50, 600 90 will be allocated to t the settle
ment of certain. suits for negligence and
the recovery of dividends now, pending
titled respectively John F Moran, Receiver
Of Park SAVINGS Bank: Plaintiff. vs.. Freder-
5s AtsmHs EauS No es and ct ohn m
2: MOAN Receiver Of PARK SAVINGS Bank. a
Plaintiff. VS., Frederick E Altemus.. Admins
b7.354: it is by the Court this 30th day of
June. 1899, ORDERED That the said offer
submitted by ~ the said de-
tached to the petition filed in this action,
be approved together with all other matters
contrary be shown to the. Court by any in
terested person pdS on or before the 25th day
Ct July 1922 at 10 GelocR X An An The
compromise. dismissal Of all Of the aforesaid
suits and withdrawal and dismissal of all
directors: with direction for the execution
by E. Hilton jackson and William E. Rich
ssrdson, attorneys for the plaintiffs; on their
cution by John F.. Moran. Receiver Of the
as such Receiver and on behalf of all
said Park Savings Bank. of a full release,
and each of them: their and each of their
executors or administrators. of and from
which the plaintiffs and other depositors,
sreditors and md, stockholders to- or any Of them:
against the directors Of the Park Savings
Bank by reason of the aforesaid suits or
the relation between the ,depositors stock
the said Park SAVINGS Bank: and the pay
ment OF said sum and delivery of releases
as above provided to constitute complete
nature against Asid defendants as directors
or liouidatine trustees and of all interests
WHICH iIeS' dS SuCIl lluslttS VI luulFlQudl
defendants, may have, arising in any man
ner by reason Of the making Of. such pay.
meat as against any p portion ito Of the fund
as said defendants may individually have
Of said Bank at the time Of its closing; and
provided further that in the event the
und If q any ps in tee ad
of his general claim, biased on the same
action5 equal to the amount M mt 9TH Of his " claim aim
reported by the Master in this action ex-
eseds ss5i looes; without interest the excess
Receiver for the benefit % Of creditors S' eener a r.
ally and stockholders as their interests may
snce to Jsmes G. Wte ne Mas 81
ter, fixing time for the hearing of further
claims directing him to determine and
iss es dreana HaaatSs0n
other matters, relating to the acceptance Of
the compromise offer or to the terms or
conditions under which settlement and the
made. including the disposition Of the aues-
ton OF compensation to be paid to the de-
PETITION ProVided that set the s0 Receiver m 'as as
Distributing Agent of the Court will not be
REQUIRED to determine the Identity of those
Of said $3.50 10000 OF. the amounts to be
paid to any such benefciaries. 5: Provided
hsen saa for '3hn hs Court aad ReaeSs4
the Park Savings Bank and prior to the
distribution. of the balance in his hands
as ordered by the court upon the filing and
disposition OF the report Of the Special
Master, shall pay from said balance the
and stockholders of said bank of the pro-
posed compromise in this case and all other
costs involved in the distribution of the
said S35O,000 an an equitable portion of
the expenses, of the Receiver Of the Park
ssynss ss,nn ,RsdIn Rsnk in the instant
thereto. 6. Provided that copy Of this
order and the petition be mailed by the
Receiver to all creditors and depositors Of
said bank and to every stockholder of rec
now in the custody of the Receiver afore-
said. and to the assignees Of record Of any
assigned claims. said copies to be mailed
70 each Of said persons at his or her last
known ADDRESS as shown by such records, on
Or or before July i5. 1899, proof Of the mail.
Receiver to be filed in this cause and pro-
Tlded further that notice thereof be given
by the public of copy of this order
IN the Evening Star newspaper on four
?ame in two weekly issues Of the Washing
ton Law Reporter before the day Of said
hearing, the usual proofs Of publication to
be nled herein, and all persons shall be
hound to take, notice OF all proceedings of
the Court under this order including any
ms, Of said cause by the Special Master
and the time and place Of said hearing, and
e all continuances Of said hearing before
fne Court or said hearing before said Special
Master fsienedD JENNINGS BAILEY Jus
e.If s5as 8 ssIz sst 3 rsHAss9s