 The State Supervisor of Savings and Loans, Mr. W.L.Nicely, after meeting with the board and looking at the evidence stated,

This resulted in the meeting of the officers and directors with the supervisor October 2, when it was decided, with my advice and concurrence, that instead of closing the institution, the interests of the shareholder would be better served by securing an agreement with Linden and Campbell to make restitution as far as possible by turning over to the association all of their personal and other holdings, including the Camlin Apartment Hotel, under a trust agreement, and that, under the direction of the supervisor an endeavor would be made to restore the impairment of the capital of the association, the same officers and directors to continue in office, and the completion of the Camlin Apartment Hotel, which is under construction, to be carried out.It took a year for this trust to be finalized and put on record.