Jasper County Democrat, Volume 11, Number 3, Rensselaer, Jasper County, 18 April 1908 — DENIES THE PETITION. [ARTICLE]

DENIES THE PETITION.

Judge Anderson Decides Firm of Baldwin & Dague Is Not Bankrapt. Judge A. B. Anderson, of the Federal Court, Tuesday afternoon found in favor of the defendants, and denied the petition of Roy M. Shepard and others, asking that the Ann of Baldwin & Dague, composed of Daniel P. Baldwin, of Logansport, and William H. Dague, of Fowler, be declared bankrupt. The two men own the Bank of Fowler, of Fowler, Benton county, Indiana; the Citizens’ Bank of Ambia, of Ambia, Benton county, and the Goodland bank, of Goodland, Newton county, Indiana. The Benton Circuit Court had appointed a receiver for the Bank of Fowler and the Citizens* Bank of Ambia, and the Newton Circuit Court had appointed a receiver for the Goodland Bank several months ago. It was shown by the evidence that the petitioners, all of whom dftvere depositors in the Goodland Bank, had accepted a 10 per” cent, dividend since the appointment of the receiver. Based upon this the claim of estoppel was set up by the defense. It also was pointed out that the evidence produced showed that the firm was not'insolvent.