Show DEFUNCT BANK CASE NEARS FINISH IN DISTRICT COURT But One Defendant Left and Suit Is Postponed on Account Account Account Ac Ac- count of Illness With settlements with all defendants In the Merchants bank banle case practically practical practical- ly 1 completed JUdo Judge 1 P. P C. C Evans E yesterday yesterday yes yes- es granted a postponement of tho the opening of or the tIle case to to today a at 10 a a. a in m. The Tho original suit wa waa sas for tor against the twenty nine former directors direct direct- ors of or the tho defunct Institution Settlements with twenty defendants which have been made mado to date amount to Negotiations es have been completed with seven sc of ot the remaining defendants are under wa way with one oe de defendant do- do o- o and the remaining defendant Is ill HI In Nevada eatla and cannot be reached according to Stephen 11 H. Lynch receiver recel e er C for tor the b bahk lk who is pressing l the tho suit Lester D D. D Freed ree who had previously announced his Intention to fight the case has agreed to settle according to an announcement t yesterday In J Judge I court The amount for tor which ho he will tIll settle was not announce announced Negotiations arc are under wa way with I P. P Binnard and according to Indications yesterday ay will be completed toda today A A. A O. O Jacobson will then be left leU the only remaining defendant rind he Is reported report report- cd ed to be ill III In Neva Nevada a. a Since the tho affairs of Or tho the bank hank w were taken over oer by Stephen H. H Lynch de depositors depositors de- de have havo been paid 10 iO cents on Ott tile the dollar The mone money was obtained b by suits on stockholders stockholders' ors ors' liabilities It has lutz been estimated that the money ob- ob tamed by the suit brought against tho the former ormer directors will give tho thio receivership enough funds un s to pay an additional 40 cents on each cach dollar which was deposited In the bank banle when It became Insolvent Further lurther postponement of oC the case Is believed to bo ho tho the action that will he tiC taken this morning mornIng- In Judge Evans' Evans court This will wilt allow settlements to be I approved b by tho the court from all re remaining remaining re- re I deren defendants I II I |