Logan Square Trust & Savings Bank (Chicago, IL)

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MAY RE-OPEN CHICAGO BANK

Suspended Chicago Institution To Continue Business After Reorganization.

Chicago, March 11.—State bank examiners yesterday planned reorganization of the Logan Square Trust and Savings bank to permit it to reopen Monday. The bank was closed today following the finding yesterday of the body of Fred W. Popp, president in his automobile on the outskirts of Chicago with a bullet through his head.

A coroner's jury continued the inquest into Popp's death when the police said they needed more time to investigate and hinted that the death may have been due to murder instead of suicide.

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HEAVY SHORTAGE UNCOVERED IN CHICAGO BANK Chicago, Mar. 13-With the Logan Square Trust and Savings Bank closed since the death of its president, Fred W. Popp, operating to. day under a receiver first indications of the total of the alleged shortage came in a statement issued by H. F. Savage, chief bang examiner, invesigating the bank's paper. He said approximately $400,000 and $175,000 in cash, would be needed to straighten out the bank's affairs.

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BANK SHORTAGE AT CHICAGO $400,000

CHICAGO, March 13—(By U.P.)—Examiners today announced $400,000 would be necessary to re-establish the Logan Square Trust and Savings bank on a sound basis. Doors of the bank were closed Saturday after Fred W. Popp, president, killed himself.

David Wiedemann, jr., vice president, missing since Popp killed himself, reappeared.

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CHICAGO BANK REOPENS, RECEIVER IN CHARGE

Chicago, March 13—With the Logan Square Trust and Savings bank, closed since the death of its president, Fred W. Popp, last Friday, operating today under a receiver, first official indication of the total of the alleged shortage came today in a statement issued by H. S. Savage, chief bank examiner, investigating the bank's paper. He said approximately $400,000 ($175,000 in cash) would be needed to straighten out the bank's affairs.

David Wiedemann, Jr., vice president of the bank, issued a statement admitting "technical forgeries" of three notes for $25,000.

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LINCOLN BANK IN RECEIVER'S HANDS

$400,000 Needed to Straighten Affairs, Examiner Says.

Chicago, March 13—(By the Associated Press)—With the Logan Square Trust and Savings Bank closed since the death of its president, Fred W. Popp, last Friday, operating today under a receiver, first official indication of the total of the alleged shortage came in a statement issued by H. S. Savage, chief bank examiner investigating the bank's paper. He said approximately $400,000 of which

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Another Chicago Bank Is Closed For Irregularities

Chicago, March 20. — The second state bank to be closed here in less than two weeks because of irregularities in its accounts had its doors locked today by Henry S. Savage, chief state bank examiner, when the Sixteenth Street State Bank suspended business. Ten days ago the Logan Square Trust and Savings Bank was closed when Fred W. Popp, its president, was found with a bullet through his head.

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CHICAGO BANK CLOSES

Second Institution in Two Weeks Shows Irregularities

CHICAGO, March 29.—The second bank to be closed here in less than two weeks because of irregularities in its accounts had its doors locked today by Henry S. Savage, chief state bank examiner, when the Sixteenth Street State Bank suspended business. Ten days ago the Logan Square Trust and Savings Bank was closed when Fred W. Popp, its president, was found with a bullet through his head.

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ANOTHER CHICAGO BANK IS CLOSED

Anticipate a Shortage of $150,000 In Sixteenth Street State Bank.

Chicago, March 20.—(By the Associated Press.)—The second state bank to be closed here in less than two weeks because of irregularities in its accounts had its doors locked today by Henry S. Savage, chief state bank examiner, when the Sixteenth Street State bank suspended business. Ten days ago the Logan Square Trust and Savings bank was closed when Fred Y. Popp, its president, was found with a bullet thru his head.

While bank examiners who started work at once on the books of the Sixteenth street institution refused to make any statements, from representatives of the bank it was learned that a shortage of about $150,000 was anticipated. Some of the officers expressed the belief that depositors would secure at least 80 per cent of their deposits.

In statements tonight Maltz said that the Central Park bank, a new institution, had considered taking over the Sixteenth Street bank at the request of Mr. Savage and said that officials of the new bank had been named directors of the Sixteenth Street bank but after an investigation were unable to straighten out affairs. Maltz said the naming of new officers and uneasiness of depositors over this caused heavy withdrawals recently. The new officials resigned yesterday and the old directors were reinstated.

There are between 2,000 and 3,000 depositors. At least a week will be required to straighten out its affairs, it was estimated.

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CHICAGO BANK IS CLOSED Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.

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CHICAGO BANK IS CLOSED Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.

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CHICAGO BANK IS CLOSED

Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.

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CHICAGO BANK IS CLOSED Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.

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CHICAGO BANK IS CLOSED

Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.

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Condensed News Items SHORT STORIES TERSELY TOLD FOR THE BENEFIT OF BUSY READERS.

PERSONAL.

Clarence Saunders, 12 years ago an obscure, almost moneyless, iron mine worker, at his home in Memphis, Tenn., has announced to Wall street he will "expect a settlement on the basis of $150 a share." This means he will receive something like $3,700,000.

Dr. W. C. Shupp, for ten years superintendent of the Anti-Saloon League of Missouri, has resigned, saying his action was caused by ill health.

ACCIDENT.

George Chamlee, flying cadet of Brooks Field, San Antonio, Tex., was killed when he was struck in the head by the propeller of an airplane. He did not see the ship come up behind him. His

The Mississippi Valley Photographers' Association, in session at Kansas City, Mo., elected O. C. Conkling, St. Louis, president; Cady Hodge, Topeka, Kan., vice-president; Clarence Gale, Beatrice, Neb., secretary, and Miss Jeannette Bahlman, St. Joseph, Mo., treasurer.

The second state bank to be closed at Chicago in less than two weeks because of irregularities in its accounts had its doors locked by Henry S. Savage, Chief State Bank Examiner, when the Sixteenth Street State Bank there suspended business. Ten days before the Logan Square Trust and Savings Bank was closed when Fred W. Popp, president, was found with a bullet through his head.

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CHICAGO BANK IS CLOSED

Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.

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CHICAGO BANK IS CLOSED Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.

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CHICAGO BANK IS CLOSED

Sixteenth Street State Bank's Accounts Are Irregular.

Chicago, Ill.—The second state bank to be closed here in less than two weeks because of irregularities in its account had its doors locked by Henry S. Salvage, chief state bank examiner, when the Sixteenth Street state bank suspended business a few days ago the Logan Square Trust and Savings bank was closed when Fred W. Popp, president, was found with a bullet through his head.

While bank examiners who started to work at once on the books of the institution refused to make any statements from representatives of the bank it was learned that a shortage of about $150,000 was anticipated.