Show bank to declare p i i i i first arst dividend repository to Ilece receive ive ten per cent about june julie will distribute the baltic of iron county which has been in the process or of liquidation since it closed its doore on december 1931 will its first dividend to deposit oia next week neek if the cobit approves the recommendation coin ilenda afon of the state calif ing department according to ro roy al S kimball assistant examiner in fit chalce mr air Kiin Kin ball iball states that sufficient are arc available to pay depositors po ten tell per cent of the amount they had on oil deposit and the court isi is being asked for permission to distribute it to them there is little doubt that the court will look favorably on oil this proposal and it if it does checks will be mads made out about the and distributed to as soon boon thereafter as possible this payment will require abt about the assistant aasi slant examiner states the petition to the court asking for pei mission to pay this dividend recites that there are now no out frankling against the bank that assets of the bank have lave ben b en traded in satisfaction of depositors claims on the basis of about on the dollar to the extent of and as a result tile the total remaining deposits Ile posits on oil which a dividend will have lave to ho be paid is 35 in addition to these the petition recites that there are unclaimed checking and sav savings aings accounts totaling and ld an outstanding cashiers check tor for 1005 tor for the payment of dividends on which it is desirable to iet et aside in an amount equal to ten per cent of them the bank now has on oil liand hand according to tile the petit petition lori in cash or considerably more than e dougli to pay the dividend suggested |