Show ASSETS or Of N Ne o Ye Y a o T I COMP ANIES- ANIES iCI ENT TO PAY iw ALL I I NEW YORK NoY Nov G. G Following Following- m G. an extended conference In tho library of J. J PIerpont Morgan Morgn in which prominent prominent nent New v York bankers participated Including officers of or various trust companies com corn panics of the city and the tho officers of tho the Trust Company of America and tho I Lincoln Trust company the Ule first statement state I mont ment was Issued showing a final settle of tho the difficulties that had disturbed dis dis- I local 1 financial 1 conditions The statement temen t follows 15 Th Tho committee of or the trust companies s sor of or Nor No York City hat has lad hall the altet of the Trust Truet Company of or America and the tho I Lincoln Trust company c examined d by ox- ox who report that In their Judgment on the part of vI the basis ls of values tho the assets as as- sets of each ach company arc aro sufficient to pay Its depositors In full It has hns been arranged that thelt a a. majority ml of or the tho stock elock of each ach company om pan shall be placed under the control of u a committee composed of or Mr Ir King president of the Union Trust com company pan Mr Sheldon presIde president president pres pres- Ide ident t of the United States Trust compan company com corn pany pan Mr Marston tar ton president Ident of the Farmers Farmer's Farmers Farmer's Far Far- mers mer's Loan and Trust company compan Mr Wa- Wa I president of the Manhattan I Trust company compan Mr II C Castles president of the Guarantee Trust company compan and Mr r. r Walker president of or the lie Central Trust Trull company compan who will act ad In an advisory advisor capacity ca ca- ca- ca pac t and tho the nece necessary sar financial arrangement arrangement arrangement ar ar- ar- ar has hils been ma mae marte e to enable both I companies to proceed with their business Signed SIs EDWARD EDARD KING Chairman of Committee of or Trustees I |