Michigan Banks In Trouble

Charlevoix, May 13. - The bank of Charlevoix closedits doors Fridaymorning and placed its affairs in the hands of R. W. Kane as assignee. There was no run on the bank, but its affairs were in such shape that this move seemed necessary to do justice to all creditors. The deposits will probably not exceed $1.0,000. ÏIii.i.süale, May 13.- The First state bank of this city has gone into liquidation and quit business. The business has been transferred to the Hillsdale savmgs bank, which will assume all the Liabilities and pay depositors in full. Paw Paw, May 1:. - Great exeitement prevails at Lawton. The managers of a local bank there did not open up the institution, having left town Thursday night. Citizens have some SIS. 000 deposited in the bank and are taking legal steps in the hope of realizing something. Edwaedsbukg, May 13. - The Citizens' bank of this place has suspended. The failure of the Columbia national bank tells the story. Dwiggins, Starbuck & Co., of the Chicago institution, held a large share of stock in the Citizens' bank. Citizens of this plae are interested to the extent of $35.000. Township and school funds are also tied up. It is believed depositors will be paid in full. Bockfobd, May 13. - The Rockford bank failed to open its dotirs Friday morninn-. The deposits were local and amounted to $29,000. The suspension is due to the failure of the Columbia national of Chicago, which dragged down the private banking firm of Paris & Nave, of Indianapolis, who owned the Rockford institution and several small ban ks in Indiana.