Business & Finance: Again, Bank of U. S.

Last week the long-tangled affairs of the late Bank of United Statesmoved eleven bulky volumes closer to a settlement. The volumes werepromulgated by New York State Superintendent of Banks Joseph A.Broderick, who stated therein which of the many creditors’ claimsagainst the bank he allowed and which he did not. Of a total$254,639,733.26 of claims and other accounts payable, only$131,002,495.16 were allowed. Bulk of the rejected category, however,consisted in $102,000,000 claims against the bank by the receiver forits three bankrupt affiliates. Superintendent Broderick plans to pay afirst 30¢ on each dollar of the accepted claims within six weeks. Amongclaims accepted were the following:

Bernard K. Marcus (recently jailedpresident of the bank) . . . . $20,790.88

Saul Singer (recently jailedexecutive vicepresident) 8,853.48

William Fox 94,355.00

W. H. Harkness 8,210.50

The Salvation Army. . . . 220,276.17

Amtorg Trading Corp. . 33,533.54

Bertha Steuer* .45

*Wife of slick, shrewd Lawyer Max D. Steuer, who prosecutedthe Bank of U. S. officials. She had an account of $54,117.45 in thebank. The day before the bank closed, she drew this out, but forgot the$.45. Widespread is the story that an official almost talked Mrs.Steuer out of withdrawing her account, that she telephoned her doubtsto her husband, who replied: “Listen, Bertha, did you go to the bank tohear conversation or to get out your money?”

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