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HEAD OF BANK CONFERS WITH FEDERAL Leon Voorhees in Kansas City in Connection With Affairs of First National Bank, Said STOCK HELD AS SECURITY First National Bank of Tulsa Holds 1650 Shares, Property of Voorhees. Leon Voorhees, president of the First National Bank in Ardmore, which the bank in the city that failed to Wednesday, is in Kansas City day. there to see the federal serve officers have the power to open Ardmore bank capital stock of the bank $200,000, stock issued comprises shares. Of these 2000 shares, 1650 are the property the president, Voorhees These shares are held the First National bank of Tulsa security on note which dorsed for the company Walker, of the Tradesmens National bank Oklahoma City, shares of the the First National here, says cannot take the long the stock up. As conditions are Mr Walker were to money in the bank here he would but the value the note held by the First National bank of Expects Bank to Reopen When asked would take the over the released he did doubt but Voorhees would soon take hold of the bank and and invite the people open to come get their money. Walker said there banks the state that were allowed open are condition the bank here. He says Voorhees much property upon which can realize all the cash he needs the bank Ardmore he feels that this will be the outand In the meantime the people are holdthe First National has ing bag. hundreds depositors Men miles to place their come many because they felt funds The did not such security well but they did know Voorhees Walker they had unlimited know in bank which Walker confidence was Withdrew From Management Walker for past five not active in years the That management running followed the policies of First National were not his poliby the he withdrew from the management. Believes Deposits Safe that the It is the opinion First here depositors the called upon to make any will not be sacrifices. of the bank had been Ed Sandlin that he had $100,quoted as saying Page Two)