Show MORE DIRECTORS OF MERCHANTS BANK SETTLE Believed All Except Lester teJ Freed Are Arc Willing to Pay Claims Outside of Court Binnard Returning Report Two hundred d and ninety thousand dollars have havo been paid into the re receivership ro- ro of or the defunct Merchants bank as a result of ot settlements of an damage c suit against former torme directors out of ot court Authorization of ot the settlement of oC six additional directors was given yesterday yesterday yesterday yes yes- afternoon by Judge W W. H. H Bramel Tho The total tot amount of ot money Involved was Previous settlements settle settle- ments meats amounted to and In Included Included In- In eluded fourteen of ot the twenty-nine twenty di ill ill- rectors The dama damage e suit brought against tho the former directors by Receiver r Stephen H. H Lynch will begin In In Judge P. P C. C Evans' Evans division of or the Third district court 1 Wednesday morning From Prom present Indications it Is thought that all of ot t the e nine twenty former directors directors directors tors but one will settle out of ot court The Tho directors who were allowed to by settle by tho the granting of ot the petition by Judge Bramel yesterday esterday are F F. A A. Sweet A. A B. B Apperson H H. H C C. Edwards H. H P. P Clark Preston J J. J Cannon James Peterson In addition on to the cash payment of ot the tho Has Has- lids company compan It Is understood that all of ot the tho re remaining re- re defendants but two have signified sig sig- their desire to settle the Ute case caso out of ot court Of ot the two B. B Binnard has been In Texas and is now on his way to Salt Lake Ills His desire In the matter has not nol been learned The Theother Theother Theother other Is Lester D. D Freed whoso whose application cation caHon In the supreme co rt asking for fora forno a no writ of ot mandate compelling a Jury jur trial was denied Mr Ir Freed's counsel has asked permission permission permission per per- mission for tor more time in which to file filean filean filean an amended answer to the complaint which Is taken taleen as an Indication that he Intends to contest the suit BulL |