Public signal of financial health, Full suspension, Books examined
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FORT SCOTT BANKER ASKS FOR RECEIVER Rush Started by Malicious Reports Spread by Enemies Continued For Two Days. Fort Scott. Kan. Nov. 20.-First National bank of this city, one of the oldest in the state closed doors today. Depositors number about 2000 and the bank had deposits of $702,000. President Grant Hernaday said assets exceeded liabilities $127,000. Failure, he said. was caused by malicious reports spread by enemies.
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ENEMIES START BANK RUN. /Cause Closing of Doors of First National at Fort Scott. Fort Scott, Nov. 20.-The First National Bank of Fort Scott, one of the oldest banks in the state, closed its doors this morning. The bank had deposits of $702,000 and the closing followed a run on the bank yesterday. President Hernaday stated the failure is the result of malicious reports spread by enemies of the bank, and said the bank's assets exceed the liabilities by $127,000. Depositors, he said, will be paid in full.
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RECEIVER CHECKS BANK RUN. Appointed at Request of Ft. Scott, Kas., Bank President. Washington, Nov. 20.-Comptroller of Currency Murray, today appointed James D. Bradley, bank examiner, receiver of the First National bank of Ft. Scott, Kas. This action was taken upon the receipt of a telegram from President Hornaday asking that a receiver be appointed, owing to a run on the bank, which has lasted for two days. The bank's capital is $100,000, according to the last report, and it had a surplus of $25,000.
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RUN ON BANK Causes Comptroller of the Currency to Appoint a Receiver for Bank. WASHINGTON, D. C., Nov., 19Comptroller of the Currency Murray today a (ppointed Jumes D. Bradley, a bank examiner, receiver of the First National Bank of Fort Scott, Kan. There was a run on the bank the last two days. The back's capital is $100,000. and it had a surplus of $25,000.
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FORT SCOTT BANK CLOSED PRESIDENT SAYS THAT MALICIOUS REPORTS BY ENEMIES WAS THE CAUSE-RECEIVER APPOINTED. Fort Scott, Kan., Nov. 20.-The First National Bank of Fort Scott closed its doors today, following a run yesterday, when the depositors withdrew $56,000. President Honaday says a malicious report spread by enemies is responsible and that the assets will exceed the liabilities by $127,000 and the depositors will be paid in full. J. D. Bradley has been appointed receiver by the controller of the currency at Washington.
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NATIONAL BANK GONE REPUBLICAN FORT SCOTT, Kansas, Nov. 20.The First National Bank of this city was closed today by order of President Grant Hornday. Washington authorities have been requested to appoint a receiver. Liabilities are given at $662,000 and assets, $789,000. The causes of the failure were not announced. Hornday declared his private fortune would protect depositors.
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BANK SUSPENDS FORT SCOTT, Kas., Nov. 20.The First National bank of this city closed its doors today by order of President Grant Hornaday. The Washington authorities were requested to appoint a receiver. The liabilities are $662,000 and the assets $789,000. The cause of the failure was not announced. President Hornaday declared his private fortune would protect the depositors.
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NATIONAL BANK FAILS AT FORT SCOTT, KANSAS. Fort Scott, Kan., Nov. 20.-The First National bank of this city was closed today by order of the president, Grant Hornaday. Washington authorities have been requested to appoint a receiver. The liabilities are $662,000 and assets $789,000. The causes of the failure are not announeed. Hornaday declared his private fortune will protect the depositors.
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FORT SCOTT BANK CLOSED ITS DOORS Entire Fortune of Its President May Be Wiped Out, and Others May Be Involved in the Collapse. Fort Scott, Kan., Nov. 20.-The First National Bank here closed its doors today on order of President Hornaday. Washington has been asked to send a receiver. The liabilities are about $500,000. It may wipe out President Hornaday's fortune, and may involve many others.
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Closing of a Bank. Fort Scott, Kas., Nov. 20.-The First Nation al Bank of Fort Scott today closed its doors upon orders of President Grant Horraday, and the Washington authorities have been asked 10 send a receiver to take charge. The liabilities are given at $662,000, and the book assets $789,000; ca bital stock $100,000. It is feared the fa lare will involve other concerns. Hornaday, the president, is reputed to be & millionsire and says all his property will go to pay the loss.
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Bank Closes Doors. Fort Scott, Kan., Nov. 20.-First National bank, one of the oldest in the state, has closed its doors. Deposits are $702,000, its capital stock is $100, 000 and surplus $25,000. There was a two days' run on it. Bank Examiner Bradley has, at the request of the bank's officers, been appointed receiver.
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Bank Breaks Following Run. The First National Bank of Fort Scott. Kan., one of the oldest banks in the State, closed its doors Friday morning. The bank had deposits of $702,000. The closing followed a run on the bank, during which depositors withdrew $56,000.
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National Bank Closed Doors. Ft. Scott, Kas., Nov. 20.-The First National bank closed its doors today on account of a run which was begun yesterday, when $56,000 was withdrawn. The institution was capitalized at $100,000; surplus, $25,000; deposits, $702,000. President Hornaday said the run was caused by malicious reports circulated by enemies. He declared the banks assets exceeded the liabilities $127,000.
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Kansas Bank Closes Doors. The First National Bank of Fort Scott, Kan., one of the oldest banks in the State, closed its doors Friday morning. The bank had deposits of $702,000. The closing followed a run on the bank, during which depositors withdrew $56,000.
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A Kansan to be Receiver. John Watt of Newton received a telegram from the comptroller of the currency at Washington appointing him receiver of the First National bank of Fort Scott.
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A Chance for the Depositors. Fort Scott, Kan., Dec. 19.-John Watts, receiver of the failed First National bank here, has announced that the doors of the bank would be opened Monday, December 21, for the filing of the claims of depositors against the institution. The government allows three months for the filing of these claims. The bank was closed November 18. There was on deposit at that time $490,000. The bank has 2,000 depositors.