OCR Text |
Show Dividend Is Paid To Commercial Depositors The court yesterday approved the petition of the State Bank Commissioner to pay a ten per cent dividend to ihe creditors of the Mt. Pleasant Commercial and Savings Sav-ings Bank, and the checks weis mailed out last evening by R. F. Starley who is in charge of the local work connected with the bar.k. There was approximately $18,300 sent to the depositors of the local bank and many of them have received re-ceived their cheecks already and no doubt but what it will add cheer to the faCTiil-'es during the Chri-t-mas holidays. Approval of two loans totaling $251,000 for the twci closed Mount Pleasant banto by the Reconstruction Reconstruc-tion Finance Corpora' ioni has been made and all necessary details are being taken care of as fast as possible. pos-sible. When these details are com plct-d he money wiil be sent out to tho depositors of the two banks. |