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BANK OVER RUN DEPOSITORS ON SAVINGS REURNING MONEY (Continued from Page One) whethin have withdrawn taken their deposits, cash, deposited loans received er they institutions, have or redeposit in the cluding on Putnam other their December Savings books, may Bank, 1st, without up to and loss in- of interest. seems to be little or actually done to There what was said Whatever set alarming purpose to the known as served to rumors its afloat. instill of it was it in the hearts many bank's the criminal unwarranted depositors fear doubtless and caused and ultimate In withdrawals, of the cowardly institution. purpose libel on this important to know just it what must fact, one seems but soundrumors reflected no were upon broadcast, the financial the have of the institution. as to what prominent of a political ness purpose There of are these rumors rumors citizens were. express Opin- the na- it ions belief of that While they this were yet may this be seems possible to be is ture. incredible, Whoever the responsible seems prevailing whispering for the opinion. serious campaign affair, could was not his insidious effective. for It as soon as any had subsided, have panicky fear the bank for those who a chance to in and the first had rushed had to money think their money with their soundthe matter over the eminent apparent. their possession, the bank became reason to ness of absence of any based its soundness, from an doubt Also the rumors except depositor that unknown stated this on hear-st fact one up to source. he In had not realized and safe an institution is. time that just the how Putnam sound Savings Bank deSecrecy Maintained the whole The strange affair part is as of to how secretly executplorable campaign few was who will While there heard rumors to ed. the whispering that they have they are a are unable Those for the say past month, they heard. offi state what rumors institution, including realize the of the bank, situation until a of there been closest cers day seriousness afternoon. to the the serious Had did not the whispering might Mon- realization of had how become the result campaign have been sooner forestalled. Bank Commissioner E. Lester State Bank Commissioner in Putnam Tuesday Shippee arrived early issued a statement is in morning. Putnam He Savings condition. Bank He excellent while such a also stated in the be made to made an that were the will bank. statement financial criminal He attack determine depositors upon that an source effort of the malicious deroga- instithe the bank. To make about a banking tory John Mr. bank tution With statements is former a serious, Shippee state criminal arrived the commission- Hartford- offense. B. Byrne, president of brother er, now vice- Trust Company, of the Connecticut Byrne, treasurer Buck, the of Putnam Daniel connected bank. J. with Also a Mr. Hartford in the unusual bank, in!atter here to assist the savings stitution. volume who came of business at assisted I I and Mr. Buck staff, Miss Treasurer Mr. Shippee Byrne and Edith his Dingwall and Levitt, Miss in waiting upon the rash Florence There little Miss Anna of Devine, tomers. There was was lit- reie time to do argue. so. The bank ample officials cash on sire that to there way was to the bank knew to alized and on the They also reand meet hand within all demands. the vaults in stocks, of the bonds, could bank that $1,500,000 that be convertible posed securities, turned into cash. it They was immediately attitude that perhaps to withdraw took well the for the depositors to spend sleepless beas their money as as to situation its safety, would be lieving nights short worrying also, lived that and the that deposits would be returned. Banks to Assistance morning the two Tuesday came to the asother Putnam sister bank During of their banks would accept by broad- the sistance that they the Putnam of face Savings good casting books Bank depositors at influence in value. and a bene- This ficial of the banks had move the significance had effect a Danielson on those who offer. understood and By moral also the the hour with actual and forward Putnam bank distribcome noon for the was support printed notice surrounding All the banks Danielson following uted towns: "Notice in Putnam Putnam and and statement: the doing busi- have made ness in the following full confidence is in sound the Putnam "We solvent. have Savings We Bank. will Putnam purchase It Savings any and issued by the cent face value. book Bank at 100 per was signed by the National BrookThis notice Bank, Citizens Company. DanielCompany, tional Bank. son lyn Bank, Savings, Trust Cargill and Company, Trust Windham Killingly County Trust NaIn addition Did Missionary to the above, Work officials of
