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AWAIT STATE EXAMINER Second Institution Withstands Heavy Withdrawals Today and Public Reassured The Mt. Vernon bank, with deposits approximating $300,000, closed its doors last night by action of the board of directors and was placed in the hands of the state finance department. The closing followed period of recent uneasiness and a moderate run on the bank yesterday when about $8,000 in deposits were withdrawn. Arrival of a state bank examiner was being awaited today. Apprised last night of the action of the directors of the Mt. Vernon bank, the Farmers' Bank, the only other banking institution located in Mt. Vernon, made preparations for a run this morning and opened for business as usual with an invitation to its patrons that their money was there and if they wanted it they could come and get it. There was a run for a time this morning but this soon ended and part of the money was placed back on deposit. The bank which closed had larger deposits, according to directory records, than the Farmers' bank, the latter institution carrying about $200,000 in deposits. The closed bank had a capital of $35,000 and a moderate surplus. "Frozen loans" upon which the closed bank could not realize, it is said, had caused the bank to be short of operating cash. The closing caused considerable excitement in Mt. Vernon. There was considerable of a crowd in town this afternoon, a telephone report stated. farmers having been attracted by news of the closing, many of them having funds in the closed institution. E. C. Brown is president of the Mt. Vernon bank and J. N. Shelton is cashier. Miss Ruth Shirkey, who is stu dent nurse at St. Luke's hospital, Kansas City, is spending her vacation with her parents, Mr. and Mrs Emry Shirkey, 108 Elm street. She will be here three weeks. (By The Associated Press) Vatican City, July Pope Pius the 11th, the first pontiff to emerge from the vatican since the fall of temporal power in 1870, came out of St. Peters basilica this evening, bringing to an end the long voluntary imprisonment of the head of the Roman Catholic church. The pontiff, bearing the sacred hosts, followed a religious procession along the Bernini colonnade and St. Peter's square and blessed a huge throng which packed the historic place with unnumbered thousands. The pope came out through the central bronzed door of the basilica, at the end of a long procession which had been formed inside. Many Americans were present, due to the convention in Rome of representatives of Catholic seminaries and universities the world over. In their multi-colored robes, the members of faculties and student bodies, together with members of the various monastic orders, filled the famous square with one of the most picturesque assemblages it has contained since the age of the renaissance. St. Peters portico was overhung with a series of magnificent tapestries as were the two wings of the colonnade for their entire length. These were the famous pieces given to Pius VII by the Emperor Napoleon, after his coronation in Notre Dame of Paris and are the work of the Master Dohlen. In between them were hangings of red damask. From early dawn the huge concourse of people, thousands of whom had come from far beyond Rome, were massed in the great square, hemmed in by 15,000 troops waiting for the Pope's exit. In the crowd were representatives of the Italian army. The pope blessed the great throng, estimated at more than 200,000 persons, at 8:22 p. m., and returned within St. Peters at 8:25.