Rensselaer Semi-Weekly Republican, Volume 39, Number 45, Rensselaer, Jasper County, 8 February 1907 — MORE DIVIDENDS IN SIGHT [ARTICLE]

MORE DIVIDENDS IN SIGHT

Creditors of the various McCoy •bankrupt estates are once more receiving the familiar three barrelled notices from Referee Bowers of a meeting of creditors to consider a proposal to pay dividends and other matters. The meeting to be held at Hammond on Feb. 13th. Regarding these dividends which it is expected to pay now, it may be stated that at last Tom’s personal creditors will get their innings. They will get their first and final dividend all at one fell swoop, being in amount three and a half per cent of their claims. In Uncle Mac's estate there will be another dividend of ten per cent making 621 cents on the dollar in all. Whether this estate ever pays any farther dividends of any size depends on what the final result is of certain claims now pending, especially that of one of the Bowen philanthropists now in the U. 8. supreme court. In the estate of A. McCoy & Co., or the bank firm proper, there will be a dividend of five and possibly six per cent, making 35 or 36 in all up to this 'time. This will mighty dear wind np the dividends in that estate also, tho in a year or year and a half there is likely to be enough realized on certain little odds aod ends to make a cent or two more; and if certain matters in litigation turn out favorably to the creditors, there might yet be five or six cents more paid on the dollar in this estate.