Evening Republican, Volume 16, Number 60, Rensselaer, Jasper County, 9 March 1912 — Claim sf First National Bank Not a Preferred One. [ARTICLE]

Claim sf First National Bank Not a Preferred One.

The Republican was in error in saying tbat tbe claim of the First National Bank against E. Y. Hansford, bankrupt, • was a preferred one. This was not the case. The Fijst National claim of about |5,800 was not filed when the original claims on which 20 per cent had been paid were allowed. At this meeting the claim came up and was allowed on the same basis of all other claims, thus drawing 20 per cent of its face value fronl the funds at this time. This amounted to about $1,160. The bank will then draw with the other creditors another dividend of about 2 per cent.