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BANK OF WARDELL CLOSED AFTER FIRE The Bank of Wardell was closed by the board of directors Thursday, May 15. At on the above date, fire was discovered by Webster Wallace of Wardell. Mr. immediately gave the alarm but before the fire could be extinguished, all bank records were distroyed. Flavil Owens, who was taking care of the bank in the absence of his brother, Dallas Owens who is cashier, stated that he discovered the fire Wednesday morning when he opened, and fearing run on the bank, made no report of the same. seems that the fire evidently burnall day Wednesday and Wednesday night, until Thursday morning at around when was discoverby Wallace. The bank had not been open for business at the time fire was discovered, and not having any key, someone forced the door to in where the fire was burning. This bank on April 15th, ported filed its statement with the State Department, showing total resource of $25,684 and capital at and had on hand de. posits $14,850 in loans. and Stoffle president and Dallas was Owens cashier At the time the fire is reported that only in cash hand. This was taken was on over by Duncan, bank examinand placed in another bank for future deposal. Dallas Owens, cashier of the bank his home on account confined to could not be reached of sickness and The bank building is at this time. listed being worth $5,258.82 and fixtures at $1,244.99. the bank of the bank reM. Stoffle, president ports that immediate steps would be taken to liquadate the bank. A stock being called on holders meeting to select Wednesday of be recommended someone that can as receiver. to the State Department learned who this time we have not was selected for this position. We recall another instance of this when the bank kind. and that was caught fire in 1925. It of Bertrand reported at that time that the cashier while working late one Saturday night on some books, was slugrecords were burned. ged and all Without the bank's records it may hard to check up on prove pretty the business of the bank, and the pres kindly asks each ident and cashier bear with them depositor to kindly the checking can be straightenuntil out.
