Bank of Fairmont Depositors Will Get Only 15 Cents on the Dollar, July 23, 1922

Will Pay Depositors of Bank of Fairmont

Fairmont, July 22—According to statements of A.R. Bullock receiver for the Bank of Fairmont, he will within the next 10 days pay the depositors 15 per cent of their balance in the bank when it was closed. The assets of the bank have been greatly helped since the compromise of the case of H.L. Blue, who made a settlement with the bank for more than $15,000.

From the Raleigh News & Observer, July 23, 1922