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Closing of Clarence Bank. The Clarence Savings Bank, following an examination of the institution's finances by members of the State Board of bank examiners, closed its doors Saturmorning The bank was organized in 1905 and had been in operation for 20 years It was a popular institution had many depositors It had a espital stock of $60 000 and A surplus of $15,000, total assets of The total am unt of deposits 954 These figures are as The only reason given for the closing of the bank is bad loans and "frozen" assets, which is no doubt due to the inflated values of a few years ago It comes as & hard blow to the bank officials, directore. de positers and the entire community. There has been up to date about 40 banks be in the state that have closed their doors since Janurry and the larger portion of them for practically the same reasons The future of the bank depends upon the outcome of the auditing of the books by the State Finance department now in charge Clarence Courier. An Impossible Task We 80 often wish that we might be able to run this news. paper in a manner that would conform to the ideals of every. body or of all the diversified elements which make up the newsclientele, What a hap y condition of mind and body it would be to know and realize that nobody is calling us names, that nobody is picking flaws in or finding fault with the policy of the paper. It would be like a heaven on earth. to be sure. We try. in our weak way, to treat people tairly: to do those things which tend to bring the least pain and surrow to fellowbeings: in fact to spie sunshine in as many dark places as possible. But it is impossible to please everybody it is impossible to avoid creating antagonisms: impossible to run the paper as everybody would have it run. Mrs Lizzie Hulen, of Centralia. visited Mr. and Mrs E T Lear last week.
