Jasper County Democrat, Volume 10, Number 44, Rensselaer, Jasper County, 1 February 1908 — GOOD NEWS, IF TRUE. [ARTICLE]

GOOD NEWS, IF TRUE.

Logansport, Ind., January 27. Willard Elliott, of this city, receiver for the Ambia and Fowler banks, owned by (Messrs. Baldwin i, & Dague, which were closed by the State Auditor, filed his report with Judge Lairy in the Circuit Court this afternoon. The liabilities of the Ambia bank ate $129,257.99; asseta!sl3l,44o.oß;e±oeßßof assets $2,182.09. Liabilities of Fowler . bank, $91,965.02; assets $58,256.65; excess liabilities, $33,708.37. Messrs. Baldwin & Dague have .personal deposits in this 1 bank amounting to $29,805.03, which added to the baik’s assets, leaves only a deficit of $3,903.04. This added to the deficit of $516.87, existing fit Goodland, makes a total deficit in the Goodland and Fowler banks amounting to $4,421.21. But this deficit is entirely wiped out by the surplus of $2,-

182,09 and with Baldwin’s private deposit of $448.51 in the Ambia bank, which leaves a total surplus of $1,866.42 to the credit of the three banks. Stockholders of the Foodland bank will receive 10 per cent, dividend, and another dividend will follow aoon.