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BANK PRESIDENT A SUICIDE Shoots Himself When Receiver Is Named for Institution. FORT WORTH, Tex., July 24.-Prestdent E. C. Baldridge, of the Fort Worth Savings Bank and Trust Company, a private bank, committed suicide by shooting to-day after his institution had been placed in a receiver's hands. The city was the bank's heaviest depositor.
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FORT WORTH BANK CLOSES ITS DOORS a Depositor Makes Application for Receivership: Suit Said to Be a Friendly One. FORT WORTH, July 23.-The Fort Worth Savings Bank & Trust Co., capital $210,000. deposits approximately $400,000, closed its doors today, and W. B. Paddock was named receiver by Judge Young in the district court. The receivership was the result of a petition filed by Horace Wilson, depositor, and at the offices of the bank's attorneys it was stated that the suit was a friendly one. E. E. Baldridge, a widely known ranchman, is president of the bank and the principal stockholder.
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FORT WORTH BANKER ENOS HIS LIFE BY SHOOTING E. F. BALDRIDGE KILLS SELF FOLLOWING RECEIVERSHIP PROCEEDINGS OF BANK. FORT WORTH, Texas, July 24.E. E. Baldridge, president of the Fort Worth Savings Bank and Trust Company, comitted suicide this morning by shooting himself. The bank had been placed in the hands of a receiver. Shortly before Baldridge's dead body W&3 found in the barn he was seen walking in the garden with his little girl. A search by his wife developed that he had sent a bullet crashing through his head shortly after be was seen in the garden. Baldridge had a meteoric rise la the business world. Eleven years ago he was cow punching in Uvelde county, Ther be got into the cattle commission business and later entered the banking business. while at the same time retaining his interest in the cartle commission line.
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Fort Worth Savings Bank and Trust Co. Has Closed Doors Fort Worth, July 23.-The Fort Worth Savings Bank and Trust company, with a capital of $210,000, deposits approximately $400,000, closed its doors today and W. B. Addick was named receiver by Judge Young in the district court. The receivership was the result of a petition filed by Horace Wilson, depositor, and at the offices of the bank's attorneys it was stated that the suit was a friendly one. E. D. Bladridge, a widely known ranchman, is president of the bank and the principal stockholder.
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TEXAS BANK IS CLOSED Receiver Is Named for Fort Worth Savings and Trust Company. Fort Worth, Tex., July 24.-The Fort Worth Savings Bank and Trust company, capital $210,000. deposits approximately $400,000. has closed its doors. W. D. Paddock has been named receiver in the district court by Judge Young. The receivership was the result of a petition filed by Horace Wilson, depositor. At the office of the bank's attorneys it was stated that the suit is a friendly one. Novel combination coal and gas ranges at Forbes'.-Adv.
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City Hit Hard. FORT WORTH, Tex., July 26.The suspension of the Fort Worth Savings Bank and Trust company has temporarily hindered the city's financial system because the city was one of the bank's heaviest depositors. Arrangements are being made whereby the city may obtain funds to meet its expenses.
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Banker Commits Suicide. Fort Worth, Tex., July 26.-President E. C. Baldridge of the Fort Worth Savings Bank and Trust company, a private bank, committed suicide by shooting after his institution had been placed in a receiver's hands. The city was the bank's heaviest depositor.
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# President's Overdraft [United Press Leased Wire Service.] FORT WORTH, Texas, Oct. 2.- Earl E. Baldridge, late president of the defunct Fort Worth Savings bank and Trust company, had a personal overdraft of $791,280.27 when the institution failed, according to the report of the auditing concern. According to Receiver Harwood, $100,000 probably will be added to this amount. The audit was made public by the receiver tonight. It details how Baldridge lost $845,804.12 in business trans-actions, but with the deduction of $54,528.85, revenues from sources such as salary, dividends, profits on trading, in excess of living and other expenses that went to Baldridge's account on the bank's books, the overdraft stood at $791,280.27 the day the bank failed.