95096502Full suspension, Books examined
Other: Receiver appointed (national bank examiner S. H. L. Cooper).
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NATIONAL BANK CLOSED. Washington, Nov. 25-The comptroller of the currency was advised to-day that the First National bank of Lineville. Ala., had been closed on the order of the board of directors. National Bank Examiner 8. H. L. Cooper has been appointed receiver.
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Bank Suspends. By Publishers' Press. Washington, Nov. 25.-The First National Bank of Lineville, Ala., has been closed by order of its board of directors. National bank examiner S. H. L. Cooper has been appointed receiver. The resources and liabilities of the bank at the close of business on November 9, 1905, were $75,102 each.
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FIRST NATIONAL OF LINEVILLE CLOSES It Is Belleved That the Affairs of the Institution Will Soon Be Adjusted. Washington, November 25.-The comptroller of the currency was advised today that the First National bank of Lineville, Ala., had been closed by order of the board of directors. National Bank Examiner S. H. L. Cooper has been appointed receiver. The following is a statement of the resources and liabilities of the bank at the close of business on November 9, 1905, as shown by the last report of condition made to the comptroller: Resources: Loans and discounts, $44,802. United States bonds to secure circulation, $0250. Bonds, securities, etc., $628. Banking house and furniture and fixtures, $1798. Due from banks and bankers, $17,496 Checks and other cash items, $3815. Redemption fund, $312. Total, $75,102. Liabilities: Capital stock, $25,000. Surplus and undivided profits, $406. Circulating notes, $6250. Due to banks and bankers, $1052. Individual deposits, $24,415. Bills payable and rediscounts, $17,077. Total, $75,102. Talladega, November 25.-(Special.)-The directors of the Lineville bank ordered it temporarily closed on Thursday, in consequence of a threatened run, due to some rumors. It is not thought that any one will lose money by this action, or that the closing will be permanent. An examiner investigated the affairs of the bank today. It is hoped, and believed, that the difficulties of this institution will be but temporary.
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LINEVILLE BANK FAILS EXAMINER COOPER PLACED IN CHARGE AS RECEIVER. Statement of the Institution's Resources and Liabilities as Set Forth in Report to Comptroller Nov. 9. Washington, Nov. 25.-(Special.)The failure of the First National Bank of Lineville, Ala., was announced to the Comptroler of the Currency today. Bank Examiner Cooper was placed in charge as receiver. A statement of the bank's resources as reported November 9, included, among resources, loans and discounts, $44,802.40; due from banks and bankers, $17,496.13. on checks and other cash items, $315.50. Among the liabilitles are capital stock, $25,000; surplus, $406.59; circulating, $6,250; due to other banks, $1,052.85: deposits, $24,415.72; bills payable and rediscounts, $7,977.91.
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ALABAMA BANK THIS TIME. First National of Lineville In the Hands of a Receiver. Washington, Nov. 25.-The comptrol:er of the currency has been advised that the First National bank of Lineville Ala., has been closed by order of the board of directors. National Bank Ex aminer Cooper has been appointed recelver.
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Alabama Bank Closed. Washington, Nov. 25.-The comptroller of the currency was advised today that the First National Bank of Lineville, Ala., had been closed by the order of the board of directors. National Bank Examiner S. H. I. Cooper has been appointed receiver.
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Alabama Bank Is Closed By Associated Press. WASHINGTON, Nov. 25.-The comptroller of the currency was advised today that the First National bank of Lineville, Ala., had been closed by order of the board of directors. National Bank Examiner S. H. L. Cooper has been appointed receiver.
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ALABAMA BANK THIS TIME. First National of Lineville In the Hands of a Receiver. Washington. Nov. 27.-The comptroller of the currency has been advised that the First National bank of Lineville Ala., has been closed by order of the board of directors. National Bank Examiner Cooper has been appointed receiver.
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# Alabama Bank Closes Doors. Washington, Nov. 27.-The comp- troller of currency was advised today the First National bank of Line- Ala., has been closed by order the board of directors. National Bank Examiner S. H. L. Cooper has appointed receiver. The state- ment of the resources and liabilities the bank at the close of business November 9, 1905, as shown by the last report of condition made to the comptroller, showed liabilities to be $375,102: resources the same amount.
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Alabama Bank Closed. Washington, Nov. 27.-The comptroller of the currency has been advised that the First national bank of Lineville, Ala, had been closed by order of the board of directors, National Bank Examiner S. H. L. Cooper has been appointed receiver.
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National Bank Closed. The First National Bank of Linevitle, Ala.. has been closed by order of its board of directors. National Bank Examiner S. H. Cooper has been appointed receiver. The resources and liabilities of the bank were $75.102 each.
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BANK DOORS ARE CLOSED. National Institution in Alabama Forc. ed to Quit Business. A Washington dispatch says: The comptroller of the currency was advised Saturday that the First National Bank of Lineville, Ala., has been closed by order of the board of directors. National Bank Examiner S. H. L. Cooper has been appointed receiver.
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REFUSED TO INDICT OFFICIALS OF BANK UNITED STATES GRAND JURY DID NOT FIND TRUE BILLS AGAINST OFFICIALS OF NATIONAL BANK OF LINEVILLE. In a dispaptch from Anniston which appeared in yesterday's Age-Herald, it was stated that the United States grand jury, sitting at Anniston, had found true bills against the officers of the National Bank of Lineville. It turns out that the officials of the bank at Lineville were not indicted. Government officials here state that after examining the government's witnesses the grand jury refused to find an indictment against the officers of the bank referred to. It is said by parties in position to know that the officers of the First National bank of Lineville never indulged in speculations in cotton futures and stocks, either through bucket shops or in any other manner. The facts as they are stated are that the gentlemen who were the principal stockholders in the First National bank of Lineville were undertaking to build a line of railroad from Pyriton to Lineville, in Clay county, known as the Birmingham and Lineville railroad, which would have developed, in fact was developing, one of the richest portions of Clay county. The population of the town of Lineville, is said to have doubled in about twelve months, on the prospect of railroad connection. This little road about eight miles in length was nearing completion when the Atlanta, Birmingham and Atlantic Railroad company established its line parallel to the grade of the former and purchased its only railroad connection-the Eastern Railway of Alabama. This, it is said, caused the failure of the Birmingham and Lineville Railroad company. The promoters of this railroad were, it is stated, large stockholders in the First National Bank of Lneville. The failue of the railroad induced a run on the bank to such an extent that the cashier closed the bank and notified the comptroller of the currency. It is said that every dollar of the bank's indebtedness has been paid in full with interest, together with all the expenses of the receivodship.