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Show BANK DEPOSITORS TO ABANDON NEW PLAN Bfforts on the pari of the depositors' : committee of the Merchants bank to bring about a reorganization of the Institution Institu-tion have been without avail and the committee com-mittee has decided to abandon the attempt, at-tempt, according to an announcement mail,' yesterday by Chairman Thomas Homer of the committee. in a statement signed by Mr, Homer as chairman, the committee alleges that its I failure to bring about a reorganization of j the institution Is due to the i:ut that the stockholders of the bank have not carried out either of the two plan submitted sub-mitted for 8 reorganization of the Institution, Institu-tion, hence the committee Is unable to proceed furl her. |