Jasper County Democrat, Volume 14, Number 1, Rensselaer, Jasper County, 12 April 1911 — FOWLER BANK PAYS OUT. [ARTICLE]

FOWLER BANK PAYS OUT.

Sufficient Money Has Been Placed on Deposit to Pay in Full. Wednesday morning E. G. Hall deposited to the credit of the three Baldwin & Dague banks $18,640, received from further payment on the Arkansas land. There remains unpaid on this deal about $7,000 in principal and interest and Mr. Hall expects to receive this within a few days. From this source the Fowler bank has received $14,511.25, the Goodland bank $11,853.86 and the Ambia institution $6,994.89. These payments are sufficient to pay every depositor of the Bank of Fowler in full and it is probable that the final dividends will be declared within a few days. At Goodland four dividends of ten per cent each, have been paid and the money on, hand will be sufficient to pay from fifteen to twenty per cent more. At Ambia five dividends have been paid in and money is in hand to pay another ten per cent making sixty per cent in all.

The trustee still has some fifteen thousand dollars worth of land in Colorado and the Dunn hotel property yet to be realized on so it is probable that Goodland and Ambia depositores will receive about eighty per cent of their money without recourse to the Baldwin estate. It would appear as though the Arkansas land matter had been handled in a very business-like manner as it has already yielded more than $33,000 and at one time it looked aS though it would scarcely pay anything.—Benton Review.