Show TRUST COMPANY IS BROKE U D io Will HI lie In Knit Full loiS hut Will Memphis Tenn Sept The G. 0 The Realty Trust company capitalized at IY tilled Culled to open Its Us doors tO today V. V W. W y J Smith president of the thu company gave o C out a a. statement plu pha placing tho lie liabilities at at und anti the he u assets ut at The Tue company which was organized In Iii August AuguSt August Au Au- gust lust last year lUr also did cUll a u small banking hooks books business and aull curries carries on its ilK In lii Of ot the capital stock hand had been paid in iii but hut of this amount President Smith says on stock is issued is- is sued to the officers of or the company can cannot cannot cannot not bo he accounted for Mismanagement b by the lie former orme administration admin admin- Is ItS said to tiara have been the thu cause cOUSO of or the lie failure Depositors Depositor's will be bc patti paid In full fuJI It II Is IK declared d. d find amid tho tile stockholders ers will receive about l 15 per lIeI cent rh The rho hooks books arc are reported to be In lit a a. chaotic chaotic cha ehia- otic otie condition un and only an aim approximate statement can be made mado J J. J S S. vice Ico president of the lie Trades Union SavIngs Savings Sav Say ings logs bank has been named by b- the directors directors di directors di- di rectors as trustee |