Show i AN OFFER TO SETTLE President of Defunct Private Banks Propose to Pay Nashville I April 7 At a conference I confer-ence with attorneys Edmund Palmer I president of the defunct private banks of Ashley and Dcsplalnes Ill and Emmettsvllle Ind offered to settle with the creditors of the Ashley Institution tution at t cents on the dollar and give his note for the balance The offer was accepted and Palmer expects II to make the settlement the late part of this week In the meantime he will remain under guard in this city The preliminary trial of Walter Ofill cashier of the Ashley bank charged with embezzlement has been continued pending the settlement by Palmer The money with which Palmer expects to pay his Ashley creditors has been advanced ad-vanced by Chicago friends |