Show BANK PATRONS FIGHT CLAIMS OGDEN Feb ll Depositors ll wit with h claims against the Ogden State bank which closed its doors last September will wm employ legal counsel to represent sent them before Jud Judge e George S S. Balker Barker in the Second district cour court next Monday when a a hearing nearing I Is scheduled The hearing follows th the filing of a petition by the state banking bank ing department seeking authority to tc settle claims against the bank on th the basis of offers by officers and nd directors tors to make available immediately The amount Is considered by them sufficient to make a 10 per cent payment pay ment on the claims against the bank Action authorizing a committee o of oC depositors to employ counsel was wa taken at a meeting of depositors held in the tabernacle here Wednesday night APPOINT COMMITTEE Il The depositors appointed their com come after alter adopting resolutions outlining outlining out out- lining their policies The committee is composed of T. T E. E Thomas chairman chair chair- chairman man W. W P. P Cook secretary J. J W W. Levedahl and J. J M. M Forristal The depositors assessed themselves s one half of 1 per cent of or their claims to finance the committees committee's activities A resolution adopted seeks aid from the reconstruction finance corporation corporation corporation corpora corpora- tion in effecting liquidation of the resolution solution also banks bank's affairs The r thanks President Hoover and congress con gross gress for tor the creation of the corpora corpora- tion The Committee ommittee was instructed to I oppose settlement of claims on the basis of the offer of the officers and directors of the bank and which the state banking department petitioned the court be accepted ADOPT RESOLUTION The depositors adopted another r resolution calling on the state banking banking banking bank bank- ing department to demand that officers officers officers cers and directors of oC the bank return to it such funds as as they may have withdrawn from Crom the bank Immediately Immediate Immediate- ly prior to the closing of the tion In the event of their failure to return such funds the resolution asked that th the banking department take tak steps to cern compel pel the return of the money and to enforce the payment of the liability of the stockholders Alfred E. E Stratford presided at the meeting The principal speaker was Mr Thomas who reviewed the steps taken to liquidate the banks bank's affairs since Its closing He expressed dissatisfaction dissatisfaction dis satisfaction with the offer of the orti and cers cers nd directors of oC the bank hank saying that there would be available under this plan only on- on In mone money and securities which he characterized as chips and whetstones |