Click image to open full size in new tab
Article Text
KRAMER LOSES LIFETIME SAVINGS
The Rev. James Kramer, who is engaged in a series of evangelistic meetings at the First Baptist Church in Chico, Monday night received word that the Denver bank, in which he and his family had their live-time savings on deposit had closed its doors as a result of a rumor which had its origin in a move to consolidate with another bank of the city. Some one started the story that the bank containing the Kramer deposits was about to fail and had agreed to consolidate with another bank because it was too weak to continue alone. A run resulted and the bank was forced to close its doors. Rev. Kramer stated this morning that he had had a premonition to change banks before he left Denver and had actually started an account In another bank, but. because of past favors, when he received the money for his meeting he had just completed in Corning he forwarded that to his former banking firm so that that too went with his other savings. His son, on his twenty-first birthday, which occurred last month. had come into his mother's share of her her mother's estate and while it was no great sum, Kramer said, it was more than a thousand dollars and meant a great deal to the young man. It too, went with the other Kramer funds as did the savings of the daugh. ter, who, with her mother is visiting Kramer at Chico at the present time. "It's quite a blow to a man at my time in life" said Kramer this morning, "but it might have been loteworse and while it is possible that we my recover some part of our loss, We may not get amy. But we will go ahead with our work just the same. Time enough yet to make plenty of money you know," said the big man as he extended a cordial invitation to attend his meeting tonight.-Chico Enterprise.
