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Joliet Opens Bank Closed for Months A charter came late last week for the opening of the new First National Bank of Joliet. successor to a bank of the same title. which has been operating under the direction of a conservator for months since the bank moratorium was effect. President F. W. Woodruff confirmed the charter. Depositors of the old bank will soon received 40 per cent of their money or total of $1,300.000. The new institution is capitalized at $400,000. half the money having been subscribed by President Woodruff. president of the old bank. and the remainedr by the Reconstruction Finance Corporation.