Jasper County Democrat, Volume 7, Number 24, Rensselaer, Jasper County, 17 September 1904 — CHAPMAN TRUSTEE. [ARTICLE]

CHAPMAN TRUSTEE.

McCoy Bank Creditors Continue The Assignee As Trustee In Bankruptcy. The meeting of McCoy Bank creditors Monday continued on into Wednesday before a trustee was finally agreed upon iu all three cases —A. McCoy, personal; T. J. McCoy, personal; and A. McCoy & Co., the latter being the bank matter. A host of attorneys were present, including Judge Hammond, Dan Sims and W. V. Stuart of Lafayette, and E. B. Sellers of Monticello. Stubart Bros. & Hammond represented the Lafayette and Mulberry banks who have claims of about $25,000. It is said that their notes are signed by A. McCoy A Co., and A. McCoy and T. J. McCoy as sureties, and it is claimed by some that these are personal debts and must be paid before the bank debts proper come in For this reason,we understand, these creditors objected to Chapman serving as trustee for the A. McCoy estate. After considerable squabbling and the referee in bankruptcy had, in the opinion of many, a bigger position than he had anticipated, the election of Chapman in all three cases was made and he will go ahead at once it is understood with the matter of settling up business. Later: The Lafayette creditors have served notice of appeal to Judge Anderson of the Federal Court at Indianapolis from Chapman’s election, claiming that he is a creditor of the bank, that as the holder of power of attorney he voted for himself, etc. It will probably be several weeks before the matter is decided by Judge Anderson, as the attorneys each have about ten days to file their briefs in the case. When you come to the Street Fair make our store your headquarters. John Eger,