Dividend Money Idle In Bank Vault Awaiting Claims
About $20,000 in dividends sit in the Farmers & Traders National Bank receiver's office for the depositors to claim. Receiver Niedner hopes to distribute a ten percent dividend for Christmas, but many depositors have not yet withdrawn checks. The two concerns are slow cleanup if unclaimed and the city’s demand for funds.
MENTIONED IN THIS ARTICLE
la Grande
Farmers & Traders National Bank
Niedner
Beaver Creek Water Works In Optimistic Report
Caretake Ed Propeck reports Beaver Creek’s water flow is strong though frozen. He walked in to the intake, notes a one turn gate with 28 turns full head, and predicts 15 turns will suffice during peak irrigation. Telephone links are down until spring, and Propeck foresees future use for manufacturing or lighting from the pipeline.
MENTIONED IN THIS ARTICLE
Ed Propeck
Beaver Creek
Mr. Propeck
Propeck
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