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Show THE 3HVERICK BASK FAILURE. Depositors Will Probably Receive lO Cents on the Dollar. Boston, Nov. 3. Asa P. Potter, president of the embarrassed Maverick National bauk, today says the loss of the Maverick National Na-tional bank on account of its dealings with Iruing A. Evans will be about ?200,0o0. If collateral could be judiciously disposed of, the bank's dealings with Evans could in no sense be considered a direct cause of the suspension. Potter declared the real cause of the failure is somew hat complicated. He says the clearing house committees who examined the assets of the bank placed their value far below what they were worth, thus showing a large deficit. 11c added: "Were I allowed to wind up the affairs of the Maverick National bank, no depositor and no stockholder would lose one dollar. All the facts about the bank's condition and about itsmauagement w ill officially be mad", known in the course of time." Pending that, I am content to await the outcome of events." j Thomas N. Hart, one of Potter's assignees, I expressed the opinion today that no'other banks would be affected by the failure of the Maverick. At 2 o'clock the situation was this: Potter had not been arraigned; French had just been brought into court; Dana had served a continuance of his case; his bail had been reduced from S7o,000 to $6000, and C. A. Brownell had became his oondsman. Boston, Nov. 3. Members of the committee commit-tee of the associatee banks express the opinion opin-ion that the depositors of the Maverick National Na-tional bank will ultimately receive a dividend divi-dend amounting to about seventy tents on the dollar. |