Jasper County Democrat, Volume 10, Number 12, Rensselaer, Jasper County, 22 June 1907 — REMINISCENCES. [ARTICLE]
REMINISCENCES.
While thq McCoy sheepskin bank went under three years ago last April, the estate is not yet fully settled and probably will not be for some time to come, judging the future by the past. Occasionally something is beard pertaining to the matters connected therewith and some ruling is made. One of the latest is in the matter of the claim filed by the First National Bank for money loaned the McCoys on collateral, Referee Bowers having just decided that for the sum of $5,700 the bank must share with the other creditors, and in the note of $4,000 held by the Western Trust Go., of Chicago, he ruled that $2,000 of said amount was not oovered by collateral, and stands as an unsecured claim. The appeal of the trustee in the A. T. Bowen matter to the U. S. supreme court will come up before that tribunal on its reconvening in October The Rensaelaer Stock Farm claim of some $30,000 is still pending in the Lake Circuit court, going over from the last term to September. This case will be heard by Judge McMahan of that court and the evidence will be submitted in briefs. The defendant’s brief is to be in by July 1, and the plaintiff's reply thereto by August 1. If this claim is collected in full there will be at least another dividend of 12 per cent declared, making 50 per cent in all.
