Biggs Sees Timely End To Liquidation Of Bank
John D. Biggs receiver of the Commercial National bank reports a concerted push to complete liquidation in 1937 with final dividend around 20 percent depending on debtors’ payments. He cites $4 million in book assets and RFC debt of about $300,000, noting possible near year end settlement and continued litigation with directors awaiting judge and court rulings.
MENTIONED IN THIS ARTICLE
Commercial National Bank
Cred
John D. Biggs
Biggs
Comptrollers
Washington
Statesville
Reconstruction Finance Corporation
Said
RFC
Comptroller
R. R. Ragan
Johnson J. Hayes
Circuit Court of Appeals
Belk-Stevens Co Offers Duotone Electric Lamp
George M. Alien announces that George C. Creighton Belk-Stevens manager will offer a beautiful duotone electric table lamp as a thrift award to overall wearers. Creighton says the lamps will be available to all customers, thanking Headlight Overalls for enabling High Point citizens to receive the artistic lamp.
MENTIONED IN THIS ARTICLE
George M. Alien
George C. Creighton
Belk-Stevens Company
Creighton
High Point
Bandits Rob Bogota Bank for 820000
Five gunmen entered the Bogota National Bank shortly after noon and held up employees and customers. They escaped with between 18000 and 20000 dollars.
MENTIONED IN THIS ARTICLE
Bogota National Bank
Chicago Produce Market Report Summary
Butter 12852 tubs unsettled market unchanged Eggs 34929 cases steady current receipts 19 percent Others unchanged Chicago April 30
MENTIONED IN THIS ARTICLE
Chicago
Tax deadline looms as 1000 still fail to list
At noon today about 1,000 persons had not listed their poll and taxable property and a penalty will take effect afterwards. T R Short, in charge of the tax office, said sisters would stay on duty until midnight to assist those remaining to file as of tonight.
MENTIONED IN THIS ARTICLE
T. R. Short
Office to close for listing heavy turnout urged
Mr. Short announced ample staff to handle all remaining listings and warned no one may list after the door closes at midnight. those already inside may finish without penalty. A steady morning flow filed into the office as the day continued.
University of Tennessee Won’t Admit Negro Students
In Memphis on April 30 the University of Tennessee declared no Negro students would be admitted. Dr. O W Hyman, Knoxville pharmacy school official, confirmed the stance after a Nashville graduate, 27, filed a chancery suit challenging denial of entry.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
University of Tennessee of
O. W. Hyman
School of Pharmacy
University At Knoxville
Nashville
Chancery Court
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Belk-Stevens Co
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Wachovia Bank
Short
Tennessee University
DOC
Schwartz Shoe Repairing
East Broad
Main
WRENN
Siiy
Bayon Shantung
SILK
Women’s New
Bos
Bonnie
Bonnie Bright
Etional Perice
Aden
Ee Ee
Mater
Uume
Prin
Hope
White Pants
Abi Mrgeale
Woanen
Senanbess Taue Cefore
Nome
Amd
Feall Sim
TOM Sawyer
Thes Amd
Bird
Geo. M., Allen
Headlight Overall Manufacturing Co
Mutual Broadcasting 5
WLW
WGN
WOR