Rensselaer Semi-Weekly Republican, Volume 36, Number 69, Rensselaer, Jasper County, 22 April 1904 — Don’t Sell Your Claim Now. [ARTICLE]

Don’t Sell Your Claim Now.

While nearly everyone now thinks the first estimates that the McCoy bank would pay depositors in full, was too hopeful a view, the nataral re-aotion is likely to carry people iruoh too far and make r bem too despondent the other way. No very dose estimate Can be formed of the prospect until a full statement of the assets and liabtli

ttegjs prepared; and the value ot the assets carefully estimated. Certain is it, iiowever, that a very large amount of good property, almost entirely unencumbered, has been tamed oyer. Sj much and so valuable in faot, as to furnish reasonable grounds for the expect ation, unless the liabilities prove unexp-otedly large and the paper held prove to be worth much less than reasonably expected, that the depositors will ytt receive pretty nearly all that is coming to them In any oase depositors ought not now to get ia a panic and sell their oiHims at a great disoount from their faoe value. It is not only possible bat in faot probable, that many of the more doleful propbeoies of the bank’s only paying 20 or 25 cents on tbe dol ! ar are set afloat by selfish schemers who will be in the market, by themselves or agents, to buy up the claims of creditors, at very low rate’.

We want to say then to depositors, and especially to those whose amounts are not large in themselves, but very large to them, don’tgei in a panic and sell your claims at too big discounts. Wait until the true condition of affair is known. Then you will know better what to expect and what you ought to receive for your claims if you feel obliged to sell them.

Call on B O. Gardner and learn something about Oklahoma and Indian territory Excursions first and third Tuesdays of each month When there are parties to go I will go along with them and make the trip an enjoyable one. B O Gardner, Rensselaer, Indiana.