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Closed Their Doors

Closed Their Doors image
Parent Issue
Day
23
Month
July
Year
1891
Copyright
Public Domain
OCR Text

Fort WOBTH, Tox.. .hily 21.- The Merchante' national bank, by a vote of the direetors, elosed its cloora Monday and was placed in the hands of lïank Examiner Spauldlag. Assets, $1,800,000; liabilities, 8500,000. The trouble bean six inontlis ag-o, whcn rumors caiised a heavy withdi-awal of deposits. Within fifteen days $200,000 was withdrawn, of which SSö.OUO was taken out by foreign loan companjes on account of the alien land la%v. Mr. saya the bank is siilvfiit. Kansas (nv. Ma, July 21. - The Central bank of Kansas City, Kan., failed Monday mornin'. The failure was due to the closing1 of the First national bank. which was taken charge of by the bank examiner last Thursday. The liabilities are 885,000; assets, $65,000.

Article

Subjects
Old News
Ann Arbor Register