The Archive · 1935

Registration of Creditors

For a month, commencing to-day, depositors and' other creditors can register without charge with Treasury agent who has his desk on the Bank's ground floor. Such re-Bistration is necessary to give one the legal status of a creditor.

Taking present depressed values as the standard, the realty holdings of the Canton branch may be worth $3 }000,000. Perhaps $600,000 are due, secured on loans, and $200,000 in cash fare in the vaults. What is owing to depositors will not run over $2,000, Treasury.

000. These are the estimates of the

Trrespective of what happens to the main bank or other branches, if these rough figures can be taken as a guide, one hears the frequent remark, that the Canton office will settle its obligations dollar for dollar. A loan of $800,000 would have made solvent and able to withstand any

Text read from the printed page and cleaned; old type leaves the occasional error.

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