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PEOPLES BANK OF VINTON CLOSES President Says Bank Solvent and Hopes to Reopen in Few Days The Peoples Bank of Vinton closed its doors at noon and posted notice stating that the board of directors had ordered such action for the protection of the bank's depositors Later C. L. Atkinson president, issued statement saying the bank had closed its doors temporarily because of steady withdrawals during the past several weeks and expressing hope that it would reopen few days The statement of the president follows "The Peoples Bank of Vinton 1.85 closed temporarily on account of continuous withdrawals of the past several weeks, caused by false rumors about the condition the bank and directors are confident the bank entirely and hope to be able to reopen in & few days He declined to enlarge upon this brief statement. It was said late yesterday afternoon that bank examiner was the scene but had no statement to make this time The capitalized at $100,000 statement published on last October showing the of the bank as of September 24, the surplus is given as $60,000 Total re. sources were listed as $999,096 48. Savings deposits were given as $470,594.34 and checking deposits as $129,603.1 reached at meeting of the directors yesterday morning. was in an effort to check the gradual run on the bank's funds which has been in progress Only recently the bank, it is understood, authorized payment of per cent semiannual dividend, plus two per cent extra dividend. Officers L. Atkinson, president: Harris cashier: Ferrell, assistant cashier: Howell, W. H. Vinyard, and D. L. Meador. Christmas Entertainment Vinton, Dec. There will be Christmas entertainment Midway Chapel on Wednesday evening at 7:30 Moving to West Virginia. Mrs. Eudora Pritchard and family Monday for Marlington, W. Va. where they will make their home. Condition Slightly Better. The condition of H. James. who has pneumonia at the Roanoke hospital, was thought to be slightly better this morning Death of Uncle. George who Villamont last night, an uncle of J. W. Hogan, of this place. Fires Alarm. The Vinton Fire Department was called noon Friday fire at the home Hillary Saunders on Bedford Road, caused by the bursting of the boller, igniting papers. No damage resulted from the fire. Spends Few Days Mrs. Ernest O'Bryan of Kirkwood accompanied by her daughter Mildred. spent the past week with her aunt. Mrs. D. P. O'Bryan, of Jackson Park. Home For Holidays. Darnell Vinyard is at home for the
