Jasper County Democrat, Volume 8, Number 30, Rensselaer, Jasper County, 28 October 1905 — McCOY BANK DIVIDEND DECLARED, [ARTICLE]

McCOY BANK DIVIDEND DECLARED,

And Will Probably Be Ready For Creditors About Nov. 4. Trustee Chapman and Judge Thompson were at Hammond several days this week on McCoy bank matters. A dividend of 20 per cent has been declared in favor of the bank creditors and 40 per cent to A. McCoy individual creditors, as previously stated in these columns as likely to be done. As soon as the necessary papers can be signed up and the checks made out and “O. K.’d” by the referee they will be delivered to the creditors. It will probably be the latter part of next week before this can done. Another matter that was adjusted was the question of $15,000 indebtedness of McCoy, Son & Porter; $1,600 of A. McCoy & McDonald, and $2,400 of A. & T. J. McCoy, the referee bolding that this was due the bank, and therefore it will go to the bank creditors instead of to individual creditors.