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AS SEEM SAYS BANK EXAMINER PASO TODAY El Paso, Tex,, Sept. Pottorff, now in charge of a bank at Helena, Ark, has been appointed -receiver for the First National Bank of Paso. R. H. Collier, of Dallas, National bank examiner, who assumed temporary management of the bank's affairs after it closed yesterday, said Pottorff would arrive within week. "Things are not as bad as they seem," Collier said, "What the bank officials will be able to do depends largely on how willing the people of El Paso are to co-operate. "We can't tell at this time what percent depositors may expect. We are working out a definite plan, which we expect to announce soon." He attributed closing to unwise loans, heavy withdrawals and loss of confidence partly growing out of a former relationship of the bank with the First Mortgage Company, now under process of liquidation. He said the closing of the First National Bank of Las Cruces, N. M., was a surprise to him, that it was "fundamentally sound" and would re-open "as soon as the first scare passes." Three More Close El Paso, Sept. Federal Reserve Bank of El Paso was advised today that the First National Bank of Clint, Texas, the Cochise County State Bank at Tombstone, Ariz., and a branch of the latter at Benson, Ariz., had closed their doors. Clint is about 20 miles southeast of E1 Paso, where the First National Bank failed yesterday. The Clint bank was capitalized at $25,000 and was a correspondent of the First National Bank of El Paso. Roy H. Davidson, a director, said it was closed to protect depositors in anticipation of a run. "The bank is in A-1 shape," he said. "Our president, W. B. Hawes, told me every depositor would get his money and if there was any loss
