23cf08aaBorrowed from banks or large institutions, Public signal of financial health, Capital injected
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AUTO CARRIES RELIEF. Cleveland Bank Sends Money to Help Out the Painesville O., Institution. Cleveland, O., April 30.-The sending of $200,000 to the Dollar Savings Bank of Painesville, by the First National Bank of this city, in an automobile, today, stopped a run on the former institution. The Dollar Savings Bank was declared by the bankers to be perfectly solvent.
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AUTO STOPS RUN ON A BANK. Cleveland, April 30.-The sending of $200,000 to the Dollar Savings Bank, of Painesville, by the First National Bank, of this city, in an alltomobile to-day stopped a run on the former institution. The run was caused by a suit in the United States Court of William P. Engel, of Deflance, Ohio, who asks an accounting with the Dollar Bank for stocks held for him by Lo. land V. Prior at the time of his suicide
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AU o's SPEED SAVES A BANK. Carr $200,000 to Small City and Checks a Run. Cle reland, O. May 1.-The sending of $2 0,000 to the Dollar Savings bank of Painesville, by the First National bank of this city in an automobile yesterday, stopped a run on the former institution. The Dollar Savings bank is declared by bankers to be perfectly solvent. The occasion for the run was the beginning of a suit in the United States court last Saturday by William P. Engel of Defiande, Ohio, asking for an accounting with the Dollar bank and with a financial institution in this city of stocks held by the late Leland V. Prior at the time of his suicide. In his petition Engel made the charge that the two banks in question had made loans in excets of the limit set by law
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SENDS $200,000 IN AUTOMOBILE. Cleveland Bank Stops Run on Paines. ville (0.) Institution. Cleveland, May 1.--The sending of $200,000 to the Dollar Savings bank of Painesville by the First National bank of this city in an automobile stopped a run on the former Institution. The Dollar Savings bank is declared by bankers to be perfectly solvent. The occasion for the run was the beginning of a suit in the United States court last Saturday by William P. Engel of Defiance, O., asking for an accounting with the Dollar bank and with a financial Institution in this city of stocks held for Engel by the late Leland V. Prior at the time of his suicide. In his petition Engel made the charge that the two banks in question had made loans in excess of the limit set by law.
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SENDS $200,000 IN AUTOMOBILE. Cleveland Bank Stops Run on Paines ville (O.) Institution. Cleveland, May 1 The sending of $200,000 to the Dollar Savings bank of Painesville by the First National bank of this city in an automobile stopped a run on the former Institution. The Dollar Savings bank is declared by bankers to the perfectly solvent. The occasion for the run was the beginning of a suit in the United States court last Saturday by William P. En gel of Deflance, O., asking for an accounting with the Dollar bank and with a financial institution in this city of stocks held for Engel by the late Leland V. Prior at the time of his sui cide. In his petition Engel made the charge that the two banks in ques tion had made loans in excess of the limit set by law.
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Auto Saves a Bank. Cleveland, O., May 1.-An automobile was the agency through which a run on the Dollar Savings bank of Painesville was stopped. The institution is said to be perfectly solvent but a run was started on the strength of a suit having been filed against the institution. The First National bank of this city piled $200,000 into an automobile, which, going at top speed. reached Painesville before the run had become serious.
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PREVENTS RUN ON A BANK. Money Piled in an Automobile Which Makes Quick Trip. An automobile was the agency through which a run on the Dollar Savings bank of Painesville, Ohio, was stopped. The institution is said to be perfectly solvent, but a run was started on the strength of a suit having been filed against the institution. The First National bank of Cleveland piled $200,000 into an automobile which, going at top speed, reached Painesville before the run had become serious.
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Save Bank by Automobile. The sending of $200,000 to the Dollar Savings bank of Painesville, Ohio, by the First National bank of Cleveland in an automobile stopped a run on the former institution.
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Cash in Auto Ends Bank Run. Using an auto to rusr $200,000 to the Dollar Savirgs Lank of Painsville, Ohio, the First National Bank of Cleveland stopped a run on the former institution.
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A run on the Dollar Savings bank of Painesville, Ohio, was stopped when an automobile arrived from Cleveland with $200,000 in cash.