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{{6-30-95 p.C-3988}}
[¶11,157] In the Matter of Earl R. Marlman, Arthur Ellis Jr., C.L. Casper, William R. Clark, and Preston George, The First State Bank of Grand Chain, Grand Chain, Illinois, Docket No. FDIC-94-205k (4-3-95).
Respondents agree to pay civil money penalties.
{{5-31-96 p.C-3989}}
In the Matter of
EARL R. MARLMAN, ARTHUR
ELLIS, JR.,
C.L. CASPER, WILLIAM R. CLARK,
PRESTON GEORGE, individually, and
as institution-affiliated
parties of
THE FIRST STATE BANK OF
GRAND CHAIN
GRAND CHAIN, ILLINOIS
(Insured State Nonmember Bank)
ORDER TO PAY
FDIC-94-205k
Earl R. Marlman, Arthur Ellis, Jr., C.L. Casper, William R. Clark, and Preston George ("Respondents") and a representative of the Legal Division of the Federal Deposit Insurance Corporation ("FDIC") executed a Stipulation and Consent to the Issuance of an Order to Pay ("CONSENT AGREEMENT") dated December 16, 1994, whereby Respondents, solely for the purpose of this proceeding and without admitting or denying any violations of law or regulation for which civil money penalties may be assessed, consented and agreed to pay a civil money penalty in the amount of $2,500 to the Treasurer of the United States.
After taking into account the CONSENT AGREEMENT, the appropriateness of the penalty with respect to the financial resources and good faith of Respondents, the gravity of the violations by the Respondents, the history of previous violations by Respondents, and such other matters as justice may require, the FDIC accepts the CONSENT AGREEMENT and issues the following:
ORDER TO PAY
IT IS HEREBY ORDERED, that by reason of the violations set forth above, a penalty of $2,500 be, and hereby is, assessed against Earl R. Marlman; a penalty of $2,500 be, and hereby is, assessed against Arthur Ellis, Jr.; a penalty of $2,500 be, and hereby is, assessed against C.L. Casper, a penalty of $2,500 be, and hereby is, assessed against William R. Clark; and a penalty of $2,500 be, and hereby is, assessed against Preston George. The Respondents shall pay the civil money penalty to the Treasurer of the United States within ten days of the effective date hereof.
IT IS FURTHER ORDERED that Respondents are prohibited from seeking or accepting indemnification from any insured depository institution, (i) for the civil money penalty assessed and paid in this matter, or (ii) for any expenses, including attorneys' fees and disbursements, incurred by Respondents in connection with this matter.
This Order to Pay shall be effective upon issuance.
Dated at Washington, D.C., this 3rd day of April, 1995.
Pursuant to delegated authority.
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