will be paid depositers of the closed American National Bank here, Harry W. De Prez, receiver, said today.
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1.January 15, 1936The Indianapolis TimesIndianapolis, IN
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totaling $75,000, will be paid depositers of the closed American National Bank here, Harry W. De Prez, receiver, said today. The dividend will raise the total payment to 95 per cent.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.