Show PLANs TO REOPEN BANK Merchants Merchants' Expected to Be Reorganized Under New Name I Reorganization of or the defunct Merchants Merchants' bank which will nm be he launched as the tIme Libert Liberty State bankS bank Is 15 expected to be completed at a meeting Frida Friday noon In the Commercial club- club rooms The meeting will bo ho attended IJ by members of ot the tho depositors' depositors committee commit commit- tee teo and officers and stockholders of ot the tho Merchants Merchants' bank Reorganization plans plan were developed at a a. meeting of ot those groups In tho the Commercial club last night Tho The session sos ses aba sion Is said to have been storm stormy and It Is reported there were indications for a time that tIme the reorganization ef effort et- et fort tort might not succeed At conclusion however It was an announced announced an- an flounced tho the plan will bo he effected at Once and 1111 officers an and directors of or tho the proposed new bank will be bc chosen Friday Fri Fri- day It t. t was stated nearly all funds re required required re- re of or the stockholders for tor reorganization reorganization are available und and the balance balanco willbo bo raised by Friday l Stephen H H. H I Lynch receiver for tor th the Institution n Is 18 expected to petition the district court Friday morning for permission permission per per- mission to sell tho thu bank fixtures The move It warm wan predicted will be opposed b by tho the depositors tors I I I |