Show i t LV O I S OF ACTIVITY OF OF 7 SPECULATORS I II I Says Ass Assignments ts Should Not Be Made Made- 1 at Offers Made he advent of curbstone speculators the Merchants bank corner closely Towed lowed the developments In the clos of of It that institution by W. W E. E Evans ate ate ie bank commissioner and imd tho the ap ap- ap of Stepnen II IL Lynch tynch as aster re reper reyer per ter yer by Judge R. R B. B Porter lri the I h rd district court It was reported reported that that peculators speculators ere ere circulating among the anxious who hovered around th the ank corner and made offers to take sir lr claims against the bank on as- as at figures r representing a ad aj j mall aU all percentage of ot the amount of ot the d Ul Ii This activity was reported to Mr e vans vans who caused a torm formal l warning U depositors to be posted on the bank ors ors as follows l am Li informed that some of the del de- de of this bank ank are disposing g o of In leir claims against the bank to tors for a very small per cent of heir eil deposits fc From am my examination of ot this bank Pam am sure that the price being paid by these Ese speculators speculator Is a very small part what hat t will be e realized to ors ors rs and I warn warn depositors against aking such a sacrifice prop- prop ty W w. EVANS E. E. E EVANS tf Bank Commissioner The rhe application for a receiver was ra 0 l led d with Judge Judg Porter yesterday aft- aft by Attorney G General Dan B. B Shields and representatives of the bank bank Attorney Burton W W- Mussel Musser 1 Who ho hi said he represented depositors hose whose funds in the bank totaled 35 35 lOO 00 00 appeared In court and asked a deay de de- de In aYin ay in the appointment until Wednes- Wednes ay He was overruled by the court ay J ho found that Mr Musser was not a party arty to the petition for a receiver receiver- 1 hip and therefore li d no place in the proceedings Telegrams were sent out last night Sy Commissioner Evans to all correspondent correspondent corres corres- banks announcing the appointment ap ap- I ointment of Mr Lynch as receiver nd giving assurance that the the the-corres- corres- corres 1 Ind dents dents' interests as as well as the depositors de df would be fully tully protected ted a I lr Ir r. r Lynch assumed ed his bis duties at atIn atone one e following the appointment by the curt rt and will conduct the liquidation In I aking making regular reports' reports to the court courtn n it II all the banks bank's affairs affair are cleared |