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CLOSED WEDNESDAY Run Against Deposits Heavy Past Thirty Days During About Disasterous Brings Results. Was One of Oldest In Southwest Bank Shortly After Organization of Dundy County Southwestern Nebraska received financial blow late other stunning when, after battling Wednesday night withdrawal with an funds during the past thirty days, of the Haigler State Bank officials the keeping of the bank solvfinding wired to and the State that the Department Comasked take over the institution. Thursthe bank did not it's day morning and West side of the doors to face with the proposition of face liquidation of the reorganizzation or affairs. The fact that this bank's without bank naturleaves Haigler tends to the side of reorganization. ally banks, like many other Haigler Nebraska had been fighting battle for time which uphill of the Haigler State Bank and the Drovers State Bank last The Crone brothers came summer. into the new in an officwith H. and way Larned, The combined organization and assets at once improved the in every sense and appeared that Haigler's banking troubles were over, but for reason constant withdrawal of deduring the past thirty days posits have worked with the tion. in that time, so said, amounted more than sixty thousand dollars, and this in the face good corn in the Haigler section yet to marketed. We have not been able to learn the amount deposits hand at time that the bank was closed but understand that the county deposit in the institution was in the neighborhood of while the Haigler school district had but recently its share of the county railroad posited which amounted to something like The closing of the bank at this not alone but hard to understand. The cause of the closing apparently due to one thing and fact that depositors process withdrawals that gathered momentum rapidly and reached daily withdrawal of average posits aggregating nearly $3000. for business day for thirty day every period and this the face of one the best crops the county's practically all of which history, In sense people themselves are blame whatever trouble the bank is experiencing and the fact further demonstrated that the public largely to blame for these panicy conditions. Nebraska banks whole are improvrapidly with the present be marketed in the next few should be in the best condition that they have been in since the The Haigler bank will no doubt reorganized soon but in the meantime people in the community will be forced undergo unnecessary hardship cause of the tendency of some folks innocently or otherwise start ports that gather momentum they Dundy county and Dundy are making fine progress the from ficulties but all part to help and not to rock the boat.
