Van Nortwicks Assign

Batavia, Hls., Dec. 30.- William and Tohn S. Van Nortwick, owners of Appleton, Wis., paper milis, and bankers of this city, Monday filed an assignment at Geneva, because of the liquidation of the Atlas bank of Chicago, in vvhich they hold $50,000 of stock. Willfam M. and John S. Van Nortwick aro the sons of William Van Nortwick, who left them about $1,000,000. The bank at Batavia, the paper bag factory and the Appleton manufaetory are owned, or nearly so, by them, and they have great interests in paper milis on the Fox river of Wisconsin. Their liabilities are said to be $500,000. The big loan of $300,000 made by the Atlas National bank, the inatitutiou that began to liquídate Monday at Chicago, to W. M. Van Nortwick, one of the directors, is secured by the property of the Locks Paper company of Appleton, Wis. It is claimed the paper company will be able to manufacture paper at 30 to 40 per cent. proflt and meet lts liabilities in full if given time. Present. indications are that the Van Nortwicks will pay out in full. Some oL the leading depositors of the Batavia bank are of this opinión, and are offering- to buy up Van Nortwick accounts.