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OF MARSHALL Statement Issued to Effect Nearly All Notes Can Be Collected The Bank of Marshall, Marshall, Saline County, Mo., was closed Saturday morning by its board directors, and the State Department of Finance notified. The bank opened usual for but after meeting of the board directors, the doors closed 10 o'clock. While the action of the board came shock to the citizens of Marshall, and the depositors, the greater number whom were working people, there considerable vousness among them, but no onstration. There had been no the bank. At noon attorneys for the bank the following statement: board of directors decided close the bank because the ability the bank to collect some its notes meet its obligations. further stated that nearly all of the bank's notes can collected, but will take The following notice appeared the bank door: ordered closed by its board directors and placed the hands of the State Commissionof Finance. expected that representative of the finance department go to Marshall once and make list of the assets of the bank and that liquidating agent soon appointed. This agent the bank's attorneys stated, will convert the assets the bank soon as possible, pay the depositors first and use the mainder of the cash to pay the of the bank. The bank organized vember, 1892, with Alexander president and George H. Althouse, cashier. On the death of Mr. Denny 1912, Mr. Althouse James cashier. The capital stock the bank $50,000, the surplus and the total $191,000.
